Hot Deals:
ador powertron 500.00 (4,900.00 %) amol minechem 601.00 (0.17 %) anglo french drugs 950.00 (2.15 %) anugraha valve 525.00 (2.94 %) apl metals 40.00 (-2.44 %) apollo fashion 111.00 (0.91 %) arkfin investments 50.00 arohan 255.00 (2.00 %) assam carbon 310.00 (-1.59 %) avalokiteshvar 242.00 (0.83 %) axles india 675.00 (2.27 %) balmer lawrie 200.00 (-0.99 %) bharat hotels 380.00 (1.33 %) bima mandi 235.00 (-2.08 %) bira 555.00 (0.91 %) blsx limited 36.00 (2.86 %) boat 1,600.00 (3.23 %) c & s electric 1,000.00 (1.01 %) cable corporation 13.00 (-0.76 %) capgemini 13,500.00 (3.85 %) care health 188.00 (-1.05 %) carrier aircon 545.00 (0.93 %) cial 455.00 (1.11 %) csk 212.00 (-1.40 %) dalmia refract 260.00 (-1.89 %) dfm foods 467.00 dsp merrill lynch 1,000.00 east india pharma 39.00 (-2.50 %) eaton fluid 445.00 (1.14 %) electronica plastic 4,500.00 (2.27 %) elgi ultra 400.00 elofic industries 2,850.00 (1.79 %) esl steel 42.00 (-2.33 %) fincare business 87.00 (1.16 %) fincare sfbl 205.00 (1.49 %) finopaytech limited 160.00 (3.23 %) flipkart india 231,001.00 (0.00 %) frick india 3,300.00 (3.13 %) gkn driveline 1,610.00 (0.63 %) godavari bio 71.00 (1.43 %) goodluck defence 342.00 (0.59 %) group pharma 300.00 gynofem healthcare 59.00 (-1.67 %) hazira cargo terminals limited 205.00 (1.49 %) hdb financial 1,430.00 (-1.38 %) hdfc ergo 370.00 (1.70 %) hdfc securities 11,300.00 (-2.59 %) hella india 920.00 (-0.54 %) hero fincorp 2,075.00 (0.73 %) hexaware 1,075.00 (-2.27 %) hicks 1,575.00 (1.61 %) hira ferro 195.00 (2.09 %) honeywell electrical 6,400.00 (1.59 %) ikf finance 312.00 (0.65 %) incred financial 10.00 (1.01 %) incred holdings 160.00 (3.23 %) india carbon 1,120.00 (-1.32 %) india exposition 121.00 (0.83 %) indian potash 3,150.00 (-1.56 %) indian seamless 195.00 (2.63 %) indo alusys 25.75 (-0.96 %) indofil 1,430.00 (-0.69 %) infinite computer 405.00 (1.25 %) inkel 23.00 (-4.17 %) jana small finance bank 75.00 kel 570.00 (-0.87 %) kial 144.00 (-0.69 %) klm axiva 15.10 (0.67 %) kurlon limited 1,275.00 (1.59 %) lava 45.00 (-2.17 %) mahindra rural mrhfl 100.00 manipal housing 74.00 (2.07 %) manjushree technopack 950.00 (2.70 %) martin & harris 870.00 (-1.14 %) matrix gas 880.00 (0.57 %) merino 3,300.00 (-0.75 %) minosha 282.00 (0.71 %) mitsubishi heavy 207.00 (-0.48 %) mkcl 430.00 (3.61 %) mobikwik 720.00 (0.70 %) mohan meakin 2,200.00 (-2.22 %) mohfl 13.75 (1.85 %) msei 2.25 (-2.17 %) msil 34.00 (3.03 %) nayara energy 640.00 (1.59 %) nayara energy ncd 315.00 (3.28 %) ncdex 215.00 (2.38 %) ncl buildtek 320.00 (3.23 %) ncl holdings 106.00 (0.95 %) nsdl 850.00 (3.03 %) nse india 7,600.00 (1.33 %) onix renewable 10,400.00 (0.97 %) orbis financial 410.00 (2.50 %) oswal minerals 60.10 (-1.48 %) otis elevator 3,800.00 (2.70 %) oyo rooms 58.00 (1.75 %) panasonic appliances 262.00 (0.77 %) paymate india 520.00 (-0.95 %) pharmeasy 8.50 (3.03 %) pharmed limited 610.00 (1.67 %) philips domestic 700.00 (-1.41 %) philips india 925.00 (2.78 %) pnb metlife 70.00 proyuga adtech 25.00 purity flexpack 20.00 ramaraju surgical 255.00 (2.00 %) rapido 16,650.00 (0.03 %) rasoi 82,000.00 (2.50 %) reliance gic 520.00 (-0.95 %) resins plastics 475.00 (3.26 %) ring plus aqua 530.00 (0.95 %) rrl 1,275.00 (2.00 %) rrp s4e innovation 390.00 (-2.50 %) sab miller 515.00 (0.98 %) sbi amc 2,600.00 (1.96 %) sbi general insurance 621.00 (0.16 %) scottish assam 505.00 (1.00 %) shriram life 261.00 (0.38 %) sigachi laboratories 36.00 (-2.70 %) signify 1,350.00 (3.05 %) smile microfinance 51.00 (-1.92 %) sterlite power 895.00 (-0.56 %) studds 980.00 (3.16 %) svsml 315.00 (2.94 %) swiggy limited 470.00 (-2.08 %) t stanes 790.00 (-2.47 %) tata capital 1,040.00 (0.97 %) teesta agro 77.00 (-6.21 %) trl krosaki 1,750.00 (2.94 %) urban tots 64.00 (-1.54 %) utkarsh coreinvest 300.00 (-1.64 %) vikram solar 460.00 (2.22 %) vivriti capital 1,100.00 (-2.22 %) waree energies 2,600.00 (4.00 %)
×

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

Mahindra Rural Housing Finance Limited (Mahindra Rural MRHFL) Return Comparision with Primex 40 Index

Periods 1 Week 1 Month 3 Months 6 Months 1 Year 3 Years All Time
Primex-40
Mahindra Rural Housing Finance Limited

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

Particulars

2023

2022

ASSETS

 

 

1) Financial Assets

 

 

a) Cash and cash equivalents

31,494.46

42,369.05

b) Bank balance other than (a) above

88,702.87

23,145.05

c) Loans

6,84,524.55

7,02,884.34

d) Investments

34,095.06

61,961.34

e) Other financial assets

3,332.71

1,193.50

 

8,42,149.65

8,31,553.28

2) Non-financial Assets

 

 

a) Current tax assets (Net)

1,920.89

317.86

b) Deferred tax assets (Net)

11,028.76

11,800.89

c) Property, Plant and Equipments

12,527.61

5,029.44

d) Other intangible assets

23.61

22.57

e) Other non-financial assets

4,125.99

2,635.91

 

29,626.86

19,806.67

Total Assets

8,71,776.51

8,51,359.95

LIABILITIES AND EQUITY LIABILITIES

 

 

1)     Financial Liabilities

 

 

a)Payables

 

 

I) Trade Payables

 

 

i)total outstanding dues of micro enterprises and small enterprises

1.32

21.28

ii)total outstanding dues of creditors other than micro and small ent.

4,366.40

7,505.96

II)Other Payables

 

 

i)total outstanding dues of micro enterprises and small enterprises

 

ii)total outstanding dues of creditors other than micro and small ent

22.28

22.28

b)Debt Securities

3,16,771.91

3,34,445.20

c)Borrowings

3,19,162.66

2,83,476.77

d)Subordinated Liability

46,049.24

46,028.50

e)Other Financial Liability

35,107.89

30,916.87

 

7,21,481.70

7,02,416.86

2)     Non-Financial Liabilities

 

 

a)Current Tax Liability

 

1,237.61

b)Provisions

1,480.32

1,635.79

c)Other Non-Financial Liabilities

651.47

618.97

 

2,131.79

3,492.37

3)     EQUITY

 

 

a)Equity Share Capital

12,213.75

12,186.88

b)Other Equity

1,35,949.27

1,33,263.84

 

1,48,163.02

1,45,450.72

Total Liabilities and Equity

8,71,776.51

8,51,359.95

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

PARTICULARS

2023

2022

REVENUE FROM OPERATIONS

 

 

i) Interest income

1,30,371.65

1,34,469.03

ii) Fees and commission income

1,012.20

248.7

iii) Net gain / (loss) on fair value changes and derecognised financial instruments

1,982.60

2,976.70

I Total revenue from operations

1,33,366.45

1,37,694.43

II Other income

1,613.58

54.51

III Total Income (I+II)

1,34,980.03

1,37,748.94

EXPENSES

 

 

i) Finance costs

52,512.77

51,808.48

ii) Fees and commission expense

707.17

363.48

iii) Impairment on financial instruments

17,222.85

31,884.47

iv) Employee benefits expenses

40,442.66

32,131.33

v) Depreciation, amortisation and impairment

2,625.74

1,510.48

vi) Other expenses

18,839.89

14,278.69

IV Total Expenses (IV)

1,32,351.08

1,31,976.93

V Profit / (Loss) before tax (III - IV)

2,628.95

5,772.01

VI Tax expense:

 

 

i) Current tax

4,385.77

ii) Deferred tax

835.08

-3,150.64

iii) (Excess) / Short Provision for Income Tax - earlier years

-380.91

-236.39

 

454.17

998.74

VII Profit / (Loss) for the year (V-VI)

2,174.78

4,773.27

VIII Other Comprehensive Income

 

 

(A) (i) Items that will not be reclassified to profit or loss

 

 

– Remeasurement loss on defined benefit plans

-55.37

-135.82

(ii) Income tax impact thereon

13.93

34.18

Subtotal  (A)

-41.44

-101.64

(B) (i) Items that will be reclassified to profit or loss

 

 

– Net gain / (loss) on debt instruments through OCI

-194.77

-86.22

(ii) Income tax impact thereon

49.02

21.7

Subtotal  (B)

-145.75

-64.52

Other Comprehensive Income / (Loss) (A+B)

-187.19

-166.16

IX Total Comprehensive Income / (Loss) for the year (VII+VIII)

1,987.59

4,607.11

X Earnings per equity share (for continuing operations)

 

 

(Face value - Rs. 10/- per share)

 

 

Basic (Rupees

1.78

3.92

Diluted (Rupees)

1.78

3.9

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

Particulars

2023

2022

CASH FLOW FROM OPERATING ACTIVITIES

 

 

Profit before taxes

2,628.95

5,772.01

Add/(Less):

 

 

Adjustments to reconcile profit before tax to net cash flows

 

 

Depreciation and amortisation expense

2,625.74

1,510.48

Impairment on financial instruments

23,339.44

34,810.46

Interest income

-1,30,371.65

-1,34,469.03

Interest expense

52,148.87

51,373.01

Loss/ (profit) on sale of Property, Plant and Equipment

-22.21

-6.41

Share based payments to employees

544.7

430.93

Profit on sale of investments in mutual funds

-2,792.09

-2,909.24

Net gain / (loss) on financial instruments at FVTPL

809.49

-67.46

Operating profit before working capital changes

-51,088.76

-43,555.25

Working capital changes in

 

 

Loans

3,418.22

-24,817.00

Other financial assets

-2,048.67

-532.48

Other non-financial assets

-886.96

1,889.83

Trade payable

-3,159.52

-841.97

Other liabilities

-1,740.80

2,539.35

Provisions

-210.84

17.8

Cash used in operations

-55,717.33

-65,299.72

Interest received

1,21,973.79

1,34,401.74

Interest paid

-51,465.14

-59,234.28

Income tax paid (net of refunds)

-2,459.73

-3,148.15

NET CASH GENERATED FROM/USED IN OPERATING ACTIVITIES

12,331.59

6,719.59

CASH FLOW FROM INVESTING ACTIVITIES

 

 

Purchase of Property, Plant and Equipment and Intangible assets

-4,160.44

-1,189.17

Proceeds from sale of Property, Plant and Equipment

111.43

33.21

Purchase of investments

-1,92,700.22

-1,83,761.91

Proceeds from sale of investments

2,22,263.77

2,05,976.36

Investments in term deposits with banks

-1,39,312.76

-81,399.75

Proceeds from term deposits with banks

73,754.94

1,05,692.51

NET CASH USED IN INVESTING ACTIVITIES

-40,043.28

45,351.25

CASH FLOW FROM FINANCING ACTIVITIES

 

 

Debt securities issued

57,500.00

1,36,000.00

Debt securities repaid

-75,500.00

-84,800.00

Borrowings other than debt securities

1,68,400.00

1,36,725.00

Borrowings other than debt securities repaid

-1,32,720.04

-2,18,822.94

Payment for principal portion of lease liability

-842.86

-617.5

NET CASH GENERATED FROM FINANCING ACTIVITIES

16,837.10

-31,515.44

NET INC/(DEC) IN CASH AND CASH EQUIVALENTS

-10,874.59

20,555.40

Cash and Cash equivalents at the beginning of the year

42,369.05

21,813.65

CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR

31,494.46

42,369.05

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

PARTICULARS

2019

Operating Revenue

Over INR 500 cr

EBITDA

 45.22 %

Networth

 53.55 %

Debt/Equity Ratio

5.89

Return on Equity

22.22%

Total Assets

 23.18 %

Fixed Assets

 39.40 %

Current Assets

 28.71 %

Current Liabilities

 54.29 %

Trade Receivables

 0.00 %

Trade Payables

 14.44 %

Current Ratio

0.91

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.

Particulars

2023

2022

Dividend per Share

 

 

Retained Earnings (In Rs. Lakhs)

59,028.06

57,515.47

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.

Mahindra Rural Annual Report

Mahindra Rural Housing Finance Annual Report 2022-23

Download

Mahindra Rural Housing Finance Annual Report 2021-22

Download
Wealth Wisdom - WWIPL
Support Megha Support Neha

News Alert