Jasmino Corporation Limited (Jasmino Corporation) Return Comparision with Primex 40 Index

Periods	1 Week	1 Month	3 Months	6 Months	1 Year	3 Years	All Time
Primex-40
Jasmino Corporation Limited

Jasmino Corporation Limited Standalone Balance Sheet (in Rs)

Particulars	31-03-2024	31-03-2023
Equity
Share Capital	38,00,000	38,00,000
Reserves & Surplus	33,34,77,535	15,01,28,714
Non-Current Liabilities
Long Term Borrowings	9,69,675	6,21,32,653
Deferred tax liabilities (net)	40,99,833	54,60,600
Long Term Provisions	54,60,600	23,27,408
Current Liabilities
Short Term borrowings	3,21,79,357	5,18,10,358
Trade Payables	2,38,68,962	10,49,11,157
Other current liabilities	6,53,48,743	3,69,29,712
Short term Provisions	8,77,671	2,10,41,403
Total Equity & Liabilities	46,69,65,251	43,85,42,005
Non-Current Assets
Total fixed assets	7,56,06,088	7,98,89,298
Non-Current Investments	1,99,980	-
Other Non-Current Assets	35,41,277	57,59,789
Current Assets
Inventories	16,01,18,066	15,79,35,000
Trade Receivables	12,58,96,899	17,13,97,665
Cash & cash equivalents	8,06,21,902	1,87,59,400
Short Term Loans & Advances	1,26,17,874	45,70,129
Other Current Assets	83,63,165	2,30,724
Total Assets	46,69,65,251	43,85,42,005

Jasmino Corporation Limited Standalone Profit & Loss Statement (in Rs)

Particulars	31-03-2024	31-03-2023
Income
Revenue from Operations	67,45,42,334	44,81,22,308
Other Income	92,78,702	21,83,204
Total Income	68,38,21,036	45,03,05,512
Expenses
Cost of material consumed	19,12,24,987	18,58,15,426
Changes in inventories of finished goods, work-in-progress and stock-in-trade	-62,46,453	-3,70,65,000
Employee Benefit Expenses	9,31,13,978	7,91,82,412
Finance Costs	59,73,104	1,58,67,844
Depreciation & amortization expense	95,63,970	79,23,672
CSR expenditure	8,77,671	-
Other Expenses	14,03,69,962	9,26,19,273
Total Expenses	43,48,77,219	34,43,43,627
Profit Before Tax	24,55,94,119	10,28,69,028
Current Tax	6,36,06,065	2,80,70,000
Deferred Tax	-13,60,766	-63,997
Profit/(Loss) for the period	18,33,48,820	7,48,63,025
Earning per share
Basic	482.5	197.01
Diluted	490.89	205.15

Jasmino Corporation Limited Standalone Cash Flow Statement (in Rs)

Particulars	31-03-2024	31-03-2023
Cash Flow from Operating Activities
Net Profit Before Tax	24,87,27,882	10,50,11,885
Adjustments for reconcile profit (loss) [Abstract]
Finance costs	59,73,104	1,58,67,844
Depreciation and Amortization expense	95,63,970	79,23,672
Other adjustments to reconcile profit (loss)	25,91,592	63,07,289
Other adjustments for non-cash items	-2,21,61,010	-
Total adjustments to profit (loss)	-40,32,344	3,00,98,805
Adjustments for working capital
decrease (increase) in inventories	-21,83,066	-5,23,74,000
decrease (increase) in trade receivables	4,55,00,765	-2,40,67,616
decrease (increase) in other current assets	-71,52,077	-1,39,144
increase (decrease) in trade payables	-8,10,42,195	3,95,59,135
increase (decrease) in other current liabilities	2,92,96,702	-18,61,282
Adjustments for provisions	-	-1,75,244
Total adjustments for reconcile profit (loss)	-1,96,12,215	-89,59,346
Net cash flows from (used in) operations	22,91,15,667	9,60,52,539
Interest paid	59,73,104	1,58,67,844
Income taxes paid	6,25,41,546	70,28,597
Net cash flows from (used in) operating activities before extraordinary items	16,06,01,017	7,31,56,098
Payment for extraordinary items	31,33,763	21,42,857
Net cash flows from (used in) operating activities	15,74,67,254	7,10,13,241
Cash Flow from Investing Activities
Cash flows used in obtaining control of subsidiaries or other businesses	1,99,980	-
Purchase of tangible assets	54,13,927	64,83,503
Purchase of intangible assets	90,000	-
Net cash flows from (used in) investing activities before extraordinary	-57,03,907	-64,83,503
Payment for extraordinary items	31,33,763	21,42,857
Net cash flows from (used in) investing activities	-88,37,670	-86,26,360
Cash Flow from Financing Activities
Repayments of borrowings	8,07,93,978	4,99,19,797
Interest paid	59,73,104	94,01,914
Net cash flows from (used in) financing activities	-8,67,67,082	-5,93,21,711
Net Increase/decrease in Cash & cash equivalents	6,18,62,502	30,65,170
Cash and cash equivalents at the end of the year	8,06,21,902	1,87,59,400

Summary of the Cash Flow Statement for the years 2024 and 2023:

Cash Flow from Operating Activities

The company’s operating cash flow shows a strong improvement in FY 2023-24, increasing to ₹15.75 crore from ₹7.10 crore in the previous year. This growth is primarily driven by a significant rise in net profit before tax, reflecting improved operational profitability. Despite negative adjustments arising from working capital changes—especially a sharp increase in trade payables outflow and higher inventory levels—the company was able to generate substantial cash from core operations. The positive movement in trade receivables indicates better collection efficiency, partially offsetting cash pressure from payables. Overall, the operating cash flow position demonstrates healthy operational efficiency and improved cash-generating ability, indicating that profits are increasingly being converted into actual cash.

Operating Cash Flow to Net Profit

The operating cash flow relative to net profit has strengthened compared to the previous year, suggesting an improvement in the quality of earnings. Although net profit before tax increased significantly, operating cash flows have kept pace, indicating that earnings are not merely accounting profits but are supported by real cash inflows. The presence of non-cash adjustments such as depreciation and amortization further supports sustainable earnings. This reflects better earnings reliability and lower risk of aggressive revenue recognition.

Cash Flow from Investing Activities

The cash flow from investing activities remains negative in both years, which is expected and healthy for a growing business. In FY 2023-24, the outflow of ₹0.88 crore was mainly due to the purchase of tangible and intangible assets and minor business acquisition costs. Compared to the previous year, investing outflows have increased slightly, indicating continued investment in asset creation and long-term capacity building. This suggests the company is focusing on future growth and operational expansion, rather than liquidating assets to fund operations.

Cash Flow from Financing Activities

Financing activities show a substantial cash outflow of ₹8.68 crore during FY 2023-24, higher than the previous year. This is primarily due to increased repayment of borrowings, reflecting the company’s effort to reduce debt and strengthen its capital structure. Although interest payments continue, their relative impact is declining compared to operating cash flows, indicating improved debt-servicing capacity. This reduction in reliance on external financing highlights financial discipline and improved solvency.

Net Increase in Cash and Cash Equivalents

The company reported a significant net increase in cash and cash equivalents of ₹6.19 crore in FY 2023-24, compared to a marginal increase in FY 2022-23. This increase is mainly supported by strong operating cash inflows, even after meeting investing and financing obligations. The strong cash position enhances liquidity, enabling the company to comfortably meet short-term obligations and fund future growth without immediate dependence on external funding.