| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| JM Financial Home Loans Limited |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Financial Assets |
|
|
|
Cash and cash equivalents |
3,552.68 |
1,958.04 |
|
Bank balance other than above |
761.29 |
1,054.68 |
|
Loans |
2,44,209.77 |
2,07,268.20 |
|
Investments |
529.26 |
- |
|
Other Financial assets |
6,654.68 |
2,962.95 |
|
Non-Financial Assets |
|
|
|
Deferred tax assets (net) |
373.56 |
1,357.51 |
|
Property, Plant and Equipment |
1,597.92 |
1,636.20 |
|
Capital work-in-progress |
6.83 |
2.48 |
|
Other intangible assets |
177.43 |
116.11 |
|
Other Non-Financial assets |
257.06 |
145.99 |
|
Total Assets |
2,58,120.48 |
2,16,502.16 |
|
Financial liabilities |
|
|
|
Trade Payables - Micro & Small Enterprises |
11.09 |
12.90 |
|
Trade Payables - Other than Micro & Small Enterprises |
700.22 |
1,031.08 |
|
Debt securities |
56,267.84 |
27,004.15 |
|
Borrowings (other than debt securities) |
1,17,484.58 |
1,22,252.74 |
|
Lease liabilities |
1,052.97 |
1,086.76 |
|
Other Financial liabilities |
2,238.41 |
2,247.24 |
|
Non-Financial liabilities |
|
|
|
Provisions |
275.55 |
195.23 |
|
Current tax liabilities (Net) |
148.98 |
113.41 |
|
Other Non-Financial liabilities |
198.17 |
239.35 |
|
Equity |
|
|
|
Equity Share Capital |
48,710.27 |
43,235.37 |
|
Other Equity |
31,032.40 |
19,083.93 |
|
Total Equity and Liabilities |
2,58,120.48 |
2,16,502.16 |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Income |
|
|
|
Interest income |
29,399.02 |
21,505.08 |
|
Fees and commission income |
1,520.65 |
689.00 |
|
Other operating income |
516.75 |
397.03 |
|
Net gain on fair value changes |
440.47 |
328.48 |
|
Net gain on derecognition |
4,408.57 |
1,456.31 |
|
Other income |
559.22 |
1,335.38 |
|
Total Income |
36,844.68 |
25,711.28 |
|
Expenses |
|
|
|
Finance costs |
13,118.01 |
9,356.91 |
|
Impairment on financial instruments |
1,331.02 |
894.19 |
|
Employee benefits expense |
10,397.03 |
6,870.84 |
|
Depreciation and amortization expense |
750.61 |
635.24 |
|
Operating and other expenses |
3,389.57 |
2,980.71 |
|
Total Expenses |
28,986.24 |
20,737.89 |
|
Profit before tax |
7,858.44 |
4,973.39 |
|
Current tax |
1,120.00 |
1,210.00 |
|
Deferred tax |
990.21 |
-217.69 |
|
Tax adjustment of earlier years |
-172.06 |
0.00 |
|
Profit after tax |
5,920.29 |
3,981.08 |
|
Other Comprehensive Income |
|
|
|
Actuarial gain/(loss) on benefit plans |
-24.93 |
43.75 |
|
Income tax on above |
6.27 |
-11.01 |
|
TOTAL OCI |
-18.66 |
32.74 |
|
Total Comprehensive Income |
5,901.63 |
4,013.82 |
|
Earnings per share |
|
|
|
Basic |
1.1 |
1.02 |
|
Diluted |
0.92 |
0.99 |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Cash Flow from Operating Activities |
|
|
|
Profit before tax |
7,858.44 |
4,973.39 |
|
Adjustment for: |
|
|
|
Depreciation & amortization |
750.61 |
635.24 |
|
Impairment on financial instruments |
1,331.02 |
894.19 |
|
Finance cost on lease liabilities |
91.17 |
85.87 |
|
Sundry Balances written back/(off) |
-0.06 |
5.76 |
|
Interest on CCD debt component |
0.00 |
88.69 |
|
Interest on bank deposits |
-96.19 |
-69.74 |
|
Net gain on derecognition of ROU |
-5.66 |
-49.46 |
|
Net gain on security deposit |
-13.44 |
-23.26 |
|
ESOP Amortisation |
589.98 |
12.18 |
|
Gain on sale of Fixed Assets |
-0.12 |
-0.11 |
|
Gain on investments FV |
-440.47 |
-328.48 |
|
Operating Profit before WC changes |
10,065.28 |
6,224.27 |
|
Changes in Working Capital: |
|
|
|
(Increase) in loans |
-38,272.58 |
-73,124.59 |
|
(Increase) in other financial assets |
-3,691.74 |
-425.98 |
|
(Increase) in non-financial assets |
-77.49 |
-40.86 |
|
Increase/(Decrease) in trade payables |
-332.60 |
558.76 |
|
Increase in other financial liabilities |
1,682.80 |
1,157.62 |
|
Increase in provisions |
55.39 |
51.23 |
|
Increase/(Decrease) in non-financial liabilities |
-41.18 |
74.41 |
|
Cash used in operations |
-30,612.12 |
-65,525.14 |
|
Income taxes paid |
-912.36 |
-1,239.46 |
|
Net cash from Operating Activities |
-31,524.48 |
-66,764.60 |
|
Cash Flow from Investing Activities |
|
|
|
Purchase of MF units |
-3,02,559.00 |
-1,79,151.70 |
|
Sale of MF units |
3,02,470.21 |
1,79,480.18 |
|
Purchase of Property, Plant and Equipment |
-405.68 |
-589.71 |
|
Sale of PPE |
0.52 |
0.76 |
|
(Increase)/Decrease Capital advances |
-33.58 |
40.96 |
|
Deposits placed |
293.39 |
-0.28 |
|
Interest received on fixed deposit with bank |
96.19 |
69.74 |
|
Net cash from Investing Activities |
-137.95 |
-150.05 |
|
Cash Flow from Financing Activities |
|
|
|
Issue of Equity Shares capital |
10,975.02 |
15,036.59 |
|
Proceeds from issue of compulsory convertible debenture |
0.00 |
7,509.58 |
|
Repayment of CCD |
0.00 |
-644.43 |
|
Repayment of lease |
-478.59 |
-237.62 |
|
Dividend paid |
-43.26 |
-16.48 |
|
Proceeds from debt securities |
31,000.00 |
16,500.00 |
|
Repayment of debt securities |
-3,130.00 |
-6,250.00 |
|
Proceeds from borrowings |
39,049.09 |
53,557.20 |
|
Repayment of borrowings |
-44,115.19 |
-17,366.77 |
|
Net cash from Financing Activities |
33,257.07 |
68,088.07 |
|
Net Increase / (decrease) in cash and cash equivalents |
1,594.64 |
1,173.42 |
|
Cash and cash equivalents at the beginning of the year |
1,958.04 |
784.62 |
|
Cash and cash equivalents at the end of the year |
3,552.68 |
1,958.04 |
Summary
of the Cash Flow Statement for the years 2025 and 2024:
Cash Flow from Operating Activities
The company reported a profit before tax of ₹7,858.44 lakh in FY 2024–25,
higher than the previous year. To convert this accounting profit into actual
cash flow, several non-cash
and non-operating adjustments are made. These include
depreciation and amortisation, impairment charges, lease liability interest,
ESOP amortisation, and gains/losses on asset disposals or fair value changes.
After adjusting for these items, the operating
profit before working capital changes stood at ₹10,065.28 lakh for
FY 2024–25.
However, working capital changes significantly impacted
the operating cash flow. The company recorded a large increase in loans extended (-₹38,272.58 lakh),
which is typical for a lending or financial services business and represents
cash outflow. Additional outflows came from increases in financial and
non-financial assets, whereas some inflows came from higher financial
liabilities and provisions. Overall, these working capital movements resulted
in cash used in
operations of ₹30,612.12 lakh. After deducting income tax payments of ₹912.36 lakh,
the company generated a net
operating cash outflow of ₹31,524.48 lakh in FY 2024–25. This
is an improvement compared to the previous year 's larger outflow of ₹66,764.60
lakh but still indicates that the business requires substantial cash for loan
disbursements.
Cash Flow from Investing Activities
Investing activity primarily involves the purchase and
sale of mutual fund
units and acquisition or disposal of fixed assets. During the
year, the company invested ₹3,02,559.00
lakh in MF units and realised ₹3,02,470.21 lakh from their sale, resulting
in a small net outflow
from MF transactions. The company also made capital investments in property, plant, and equipment
(₹405.68 lakh) while generating minimal inflows from asset
sale. Capital advances increased during the year, and the company received
interest income on fixed deposits. After combining all these items, the company
reported a net cash
outflow of ₹137.95 lakh from investing activities in FY
2024–25, which is similar in scale to the previous year (-₹150.05 lakh). This
indicates stable, moderate investment activity.
Cash Flow from Financing Activities
Financing activities generated a significant net inflow of ₹33,257.07
lakh in FY 2024–25. Major inflows came from the issue of equity share capital
amounting to ₹10,975.02 lakh, proceeds from debt securities (₹31,000 lakh),
and fresh borrowings
(₹39,049.09 lakh). At the same time, the company repaid
borrowings and debt securities amounting to ₹44,115.19 lakh and ₹3,130 lakh,
respectively. Cash was also used for dividend payments and lease repayments.
The net inflow from financing indicates that the company relied heavily on
external funding to support its operational needs and lending activities.
Compared to the previous year, financing inflow was lower (₹33,257.07 lakh vs.
₹68,088.07 lakh) but still substantial.
Net Change in Cash and Cash Equivalents
Combining all three activities, the company recorded a net increase in cash and cash
equivalents of ₹1,594.64 lakh for FY 2024–25. Cash at the
beginning of the year was ₹1,958.04 lakh, resulting in closing cash and equivalents of
₹3,552.68 lakh. This positive closing balance demonstrates that
despite large operational outflows due to loan disbursements, the company
successfully raised funds through financing activities to maintain and increase
its liquidity position.
