Mahindra Rural Housing Finance Limited Annual Report, Balance Sheet and Financials

The Mahindra Rural Housing Finance Limited Balance Sheet (In Rs. Lakhs)

Mahindra Rural Housing Finance Ltd Profit & Loss Statement (In Rs. Lakhs)

Mahindra Rural Housing Finance Ltd Consolidated Cash Flow Statement (In Rs. Lakhs)

Certainly, here is a summary of the Cash Flow Statement for the years 2023 and 2022:

Cash Flow from Operating Activities

- In 2023, the company had a net cash generated from operating activities of 12,331.59. This indicates that the company generated positive cash flow from its core operating activities during the year.

- In 2022, the company also had a net cash generated from operating activities of 6,719.59, reflecting positive cash flow from operations.

The key components affecting operating cash flow include profit before taxes, adjustments to reconcile profit before tax to net cash flows (including depreciation, impairment on financial instruments, interest income, interest expense, and others), and working capital changes.

Cash Flow from Investing Activities

- In 2023, the company had a net cash used in investing activities of -40,043.28. This suggests that the company invested more in capital expenditures, purchases of investments, and term deposits than it received from the sale of assets and investments.

- In 2022, the company had a net cash used in investing activities of 45,351.25, indicating significant capital expenditures and investments.

The key components affecting investing cash flow include purchases and proceeds from the sale of property, plant, and equipment, investments in securities, and term deposits with banks.

Cash Flow from Financing Activities

- In 2023, the company had a net cash generated from financing activities of 16,837.10, indicating positive cash flow from financing sources during the year.

- In 2022, the company had a net cash used in financing activities of -31,515.44, implying that more cash was used for financing activities, including debt repayment and borrowings, than was generated.

The key components affecting financing cash flow include debt securities issued and repaid, other borrowings and repayments, and payments for lease liabilities.

Net Increase/Decrease in Cash and Cash Equivalents

- In 2023, the company experienced a net decrease in cash and cash equivalents of -10,874.59, meaning it ended the year with less cash than it had at the beginning.

- In 2022, the company had a net increase in cash and cash equivalents of 20,555.40, indicating that it ended the year with more cash than it had at the beginning.

Cash and Cash Equivalents

At the end of 2023, the company had cash and cash equivalents amounting to 31,494.46, compared to 42,369.05 at the beginning of the year.

- At the end of 2022, the company had cash and cash equivalents amounting to 42,369.05, which was higher than the 21,813.65 it had at the beginning of the year.

Mahindra Rural Housing Finance Limited Key Financial Ratios

Based on the provided data for the year 2019, here is a summary of the financial and operational metrics for Mahindra Rural Housing Finance Ltd:

Operating Revenue: Mahindra Rural Housing Finance Ltd reported an impressive level of operating revenue, exceeding INR 500 crores. This indicates substantial business activity and a strong revenue base.

EBITDA Margin: The company achieved an EBITDA margin of 45.22%, reflecting robust profitability in its operations. A high EBITDA margin suggests efficient cost management and strong operational performance.

Networth: The net worth of the company stood at 53.55%. This indicates a healthy financial position, with assets exceeding liabilities, which is essential for long-term sustainability.

Debt/Equity Ratio: The debt-to-equity ratio of 5.89 suggests that the company relied significantly on debt to finance its operations and growth. This ratio indicates a relatively high level of leverage, which may warrant attention to manage debt effectively.

Return on Equity (ROE): Mahindra Rural Housing Finance Ltd achieved an impressive ROE of 22.22%. This metric highlights the company 's ability to generate substantial returns for its shareholders relative to its equity capital.

Total Assets Composition: The composition of the company 's total assets shows that it allocates approximately 23.18% to fixed assets, which are likely related to its core operations.

Current Assets and Liabilities: Current assets make up around 28.71% of the company 's total assets, indicating a portion of assets that can be converted into cash in the short term. However, the current liabilities are higher at 54.29%, which suggests a significant short-term debt and obligations. The current ratio, at 0.91, is below 1, indicating a potential liquidity challenge in meeting short-term obligations.

Trade Receivables and Payables: Notably, trade receivables are reported at 0.00%, indicating efficient management of accounts receivable. On the other hand, trade payables stand at 14.44%, reflecting the company 's outstanding obligations to suppliers and creditors.

Mahindra Rural Housing Finance Limited Recent Financial Performance

Dividend per Share: The specific dividend per share figure for 2023 and 2022 is not provided. 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.

Retained Earnings: Retained earnings for 2023 amounted to Rs. 59,028.06 lakhs, while in 2022, they were Rs. 57,515.47 lakhs. Retained earnings represent the portion of a company 's profits that is reinvested in the business rather than distributed as dividends. An increase in retained earnings suggests that the company has retained more of its profits for reinvestment or future growth.