MARBLE Finvest Ltd Annual Reports, Balance Sheet and Financials.

Marble Finvest Limited Standalone Balance Sheet (Rs in Lakhs)

 Marble Finvest Limited Standalone Profit & Loss Statement (Rs in Lakhs)

 Marble Finvest Limited Standalone Cash Flow Statement (Rs in Lakhs)

Here is a summary of the Cash Flow Statement for the years 2025 and 2024:

Cash Flow from Operating Activities

In the financial year 2024-25, the company reported a net loss before tax and after extraordinary items of Rs. (5.50) lakhs, which reflects a marginal operational loss. Key non-cash adjustments include a positive fair value change in investments of Rs. 4.98 lakhs, and a small reversal of contingent provision against standard assets (Rs. 0.02 lakhs). These adjustments led to a slightly negative operating profit before working capital changes of Rs. (0.54) lakhs.

Upon adjusting for changes in working capital—such as a decrease in loans (Rs. 6.03 lakhs) and a minor decrease in other current assets (Rs. 1.03 lakhs)—the company generated Rs. 4.98 lakhs from operating activities. There were no income tax refunds during the year, so the net cash flow from operating activities stood at Rs. 4.98 lakhs.

In contrast, in 2023-24, the company recorded a significant profit before tax of Rs. 1302.14 lakhs, largely offset by a large notional loss on investment fair value changes (Rs. 1660.38 lakhs) and a realized gain on investment sales (Rs. 1301.73 lakhs). These adjustments caused the operating profit before working capital changes to turn negative at Rs. (1660.15) lakhs. Minor changes in working capital had limited impact. Consequently, after accounting for a small tax refund of Rs. 0.61 lakhs, the net cash used in operating activities was Rs. (1634.33) lakhs.

Cash Flow from Investing Activities

In FY 2025, the company reported no proceeds from the sale or purchase of investments, and the negative change in fair value of Rs. (4.98) lakhs—which is a non-cash movement—was shown here, reversing its earlier treatment under operating cash flow. Therefore, net cash flow from investing activities was Rs. (4.98) lakhs, indicating no active investment activity during the year.

In FY 2024, investing activities contributed positively to cash flow. The company received Rs. 1635.70 lakhs from sale of investments, and earned a small interest of Rs. 0.13 lakhs from income tax refunds, leading to a net cash inflow of Rs. 1635.83 lakhs. This inflow helped offset the negative operating cash flow.

Net Cash Movement and Closing Position

For FY 2025, despite a minor operating cash inflow and a corresponding cash outflow from investing, the net cash movement was zero, keeping the cash and cash equivalents at Rs. 9.01 lakhs, the same as the opening balance.

In FY 2024, a substantial inflow from investing activities was nearly equal to the outflow from operations, resulting in a net cash increase of Rs. 1.50 lakhs, bringing the closing cash balance to Rs. 9.01 lakhs from an opening balance of Rs. 7.51 lakhs.