Jardine Henderson Limited Annual Report and Financials

Jardine Henderson Limited Balance Sheet (Rs in Hundreds)

Jardine Henderson Limited Profit & Loss Statement (Rs in Hundreds)

Jardine Henderson Limited Cash Flow Statement (Rs in Hundreds)

Here is a summary of the Cash Flow Statement for the years 2024 and 2023:

Cash Flow from Operating Activities

Net Profit Before Taxation:

2024: ₹78,032 thousand

2023: ₹40,800 thousand

Net profit before taxation nearly doubled, indicating improved profitability.

Adjustments for:

Depreciation and Amortisation Expenses:

2024: ₹27,543 thousand

2023: ₹33,227 thousand

Depreciation expenses decreased, suggesting lower capital expenditures or changes in asset depreciation rates.

Profit on Sale of Investment:

2024: ₹-1,49,674 thousand

No profit from this source in 2023.

Significant profit from sale of investments in 2024, contributing positively to cash flow.

Net Gain on Financial Assets Measured at FVTPL (Fair Value Through Profit or Loss):

2024: ₹82,645 thousand

2023: ₹-20,450 thousand

A significant gain in 2024 compared to a loss in 2023, indicating better performance of financial assets.

Interest Income:

2024: ₹-57,641 thousand

2023: ₹-36,182 thousand

Increase in interest income, contributing positively to cash flow.

Dividend Income:

2024: ₹-466 thousand

2023: ₹-258 thousand

Increase in dividend income, though relatively small.

Allowance for Doubtful Debts - Trade Receivables:

2024: ₹-800 thousand

2023: ₹-110 thousand

Increase in allowance for doubtful debts, indicating a higher provision for potential bad debts.

Finance Cost:

2024: ₹21,354 thousand

2023: ₹1,29,639 thousand

Significant reduction in finance costs, indicating lower borrowing costs.

Profit on Sale of Property, Plant, and Equipment:

No profit in 2024.

2023: ₹261 thousand

Profit from sale of assets in 2023.

Operating Profit Before Working Capital Changes:

2024: ₹993 thousand

2023: ₹1,46,927 thousand

Significant decrease, reflecting the net impact of adjustments.

Adjustments for:

Non-Current/Current Financial and Other Assets:

2024: ₹-2,44,996 thousand

2023: ₹52,869 thousand

Significant increase in assets, indicating higher investments in financial assets or other assets.

Inventories:

2024: ₹40,053 thousand

2023: ₹-19,555 thousand

Increase in inventories, indicating higher stock levels.

Non-Current/Current Financial and Other Liabilities/Provisions:

2024: ₹-57,499 thousand

2023: ₹46,938 thousand

Increase in liabilities and provisions, indicating higher obligations.

Cash Used in Operating Activities:

2024: ₹-2,61,449 thousand

2023: ₹2,27,179 thousand

Significant outflow in 2024 compared to a substantial inflow in 2023.

Direct Taxes Paid (Net of Refund):

2024: ₹-6,433 thousand

2023: ₹-53,132 thousand

Decrease in taxes paid, indicating lower tax obligations.

Net Cash Used in Operating Activities:

2024: ₹-2,67,882 thousand

2023: ₹1,74,047 thousand

Significant net outflow in 2024 compared to a substantial inflow in 2023.

Cash Flow from Investing Activities

Payments for Purchase of Property, Plant, and Equipment:

2024: ₹-2,388 thousand

2023: ₹-27,832 thousand

Decrease in capital expenditures, indicating lower investments in PPE.

Proceeds from Sale of Property, Plant, and Equipment:

No proceeds in 2024.

2023: ₹400 thousand

Small proceeds from asset sales in 2023.

Capital Work in Progress:

2024: ₹-3,639 thousand

No such expenses in 2023.

Sale of Investment:

2024: ₹1,50,215 thousand

2023: ₹-75,849 thousand

Significant inflow from sale of investments in 2024 compared to an outflow in 2023.

Purchase of Investment:

2024: ₹-84,279 thousand

No such expenses in 2023.

Proceeds from Repayment of Loan and Advances:

2024: ₹33,000 thousand

2023: ₹35,304 thousand

Slight decrease in proceeds from loan repayments.

Interest Received:

2024: ₹74,330 thousand

2023: ₹60,150 thousand

Increase in interest received, contributing positively to cash flow.

Dividend Received:

2024: ₹5,271 thousand

2023: ₹7,538 thousand

Decrease in dividend income.

Net Cash Generated from Investing Activities:

2024: ₹1,72,510 thousand

2023: ₹-289 thousand

Significant positive inflow in 2024 compared to a small outflow in 2023.

Cash Flow from Financing Activities

Proceeds/(Repayment) from Short-Term Borrowings:

2024: ₹24,442 thousand

2023: ₹-19,616 thousand

Positive inflow in 2024 compared to an outflow in 2023.

Dividend Paid:

2024: ₹8,495 thousand

2023: ₹-1,028 thousand

Significant increase in dividend payments.

Interest Paid:

2024: ₹-21,354 thousand

2023: ₹-1,29,639 thousand

Significant decrease in interest paid, indicating lower borrowing costs.

Net Cash Generated from Financing Activities:

2024: ₹11,583 thousand

2023: ₹-1,50,283 thousand

Positive inflow in 2024 compared to a significant outflow in 2023.

Net Increase / Decrease in Cash and Cash Equivalents

Net Increase (Decrease):

2024: ₹-83,789 thousand

2023: ₹23,475 thousand

Significant net decrease in cash and cash equivalents in 2024 compared to a net increase in 2023.

Cash and Cash Equivalents - Opening Balance:

2024: ₹1,28,321 thousand

2023: ₹1,04,846 thousand

Opening balance increased, reflecting the prior year 's closing balance.

Cash and Cash Equivalents - Closing Balance:

2024: ₹44,532 thousand

2023: ₹1,28,321 thousand

Closing balance decreased significantly, indicating a lower cash reserve at the end of 2024.

Financial Ratios of Jardine Henderson Limited

Here is a summary of the financial and operational metrics for Jardine Henderson Limited for the year 2024 & 2023:

Current Ratio

2024: 3.65

2023: 3.18

Insight: The current ratio has improved from 3.18 to 3.65, indicating better liquidity. The company now has more current assets relative to its current liabilities, enhancing its ability to cover short-term obligations.

2. Debt-Equity Ratio

2024: 0.09

2023: 0.08

Insight: The debt-equity ratio has slightly increased from 0.08 to 0.09. This indicates a marginal increase in the company’s leverage, but it remains relatively low, suggesting that the company is not heavily reliant on debt.

3. Debt Service Coverage Ratio

2024: 4.88

2023: 1.37

Insight: The debt service coverage ratio has significantly increased from 1.37 to 4.88. This substantial improvement indicates that the company is now much better positioned to cover its debt obligations from its operating income.

4. Return on Equity (ROE)

2024: 3.09%

2023: 1.88%

Insight: The return on equity has increased from 1.88% to 3.09%. This improvement suggests that the company has become more efficient in generating profit from shareholders ' equity.

5. Inventory Turnover Ratio

2024: 4.17

2023: 4.33

Insight: The inventory turnover ratio has slightly decreased from 4.33 to 4.17, indicating a minor reduction in the efficiency with which the company is managing and selling its inventory.

6. Trade Receivables Turnover Ratio

2024: 3.83

2023: 4.29

Insight: The trade receivables turnover ratio has decreased from 4.29 to 3.83. This indicates that the company is taking longer to collect its receivables compared to the previous year.

7. Trade Payables Turnover Ratio

2024: 4.98

2023: 7.14

Insight: The trade payables turnover ratio has decreased from 7.14 to 4.98. This suggests that the company is taking longer to pay its suppliers compared to the previous year.

8. Net Capital Turnover Ratio

2024: 1.63

2023: 1.96

Insight: The net capital turnover ratio has decreased from 1.96 to 1.63. This suggests a reduction in the efficiency with which the company is using its working capital to generate sales.

9. Net Profit Ratio

2024: 2.76%

2023: 1.55%

Insight: The net profit ratio has increased from 1.55% to 2.76%, indicating an improvement in the company’s ability to convert revenue into profit.

10. Return on Capital Employed (ROCE)

2024: 4.29%

2023: 7.46%

Insight: The return on capital employed has decreased from 7.46% to 4.29%. This decline suggests a reduction in the efficiency and profitability of the company’s capital investments.

Dividend History

Jardine Henderson Limited Recent Financial Performance

Dividend per Share: The specific dividend per share figure for 2024 and 2023 is rs.5 & rs.10, Dividend per share represents the portion of a company 's earnings that is distributed to shareholders in the form of dividends. A higher dividend per share may indicate that the company is sharing more of its profits with shareholders.