Motilal Oswal Annual Reports, Balance Sheet and Financials

Motilal Oswal Home Finance Limited Balance Sheet (Rs in Lakhs)

Motilal Oswal Home Finance Limited Profit & Loss Statement (Rs in Lakhs)

Motilal Oswal Home Finance Limited Consolidated Cash Flow Statement (Rs in Lakhs)

Here is a summary of the Cash Flow Statement for the years 2024 and 2023:

Cash Flows from Operating Activities

Profit/(Loss) Before Tax:

The profit before tax slightly decreased from ₹17,555 in 2023 to ₹17,128 in 2024, indicating a marginal decline in pre-tax profitability.

Adjustments:

Depreciation and Amortization: Increased from ₹369 in 2023 to ₹521 in 2024, reflecting higher charges for the use and wear of fixed assets.

Interest Income: Increased from ₹51,342 in 2023 to ₹55,822 in 2024, indicating higher earnings from interest-bearing assets.

Interest Expense: Increased from ₹21,856 in 2023 to ₹25,042 in 2024, suggesting a rise in borrowing costs.

Employee Share Option Scheme: Increased from ₹261 in 2023 to ₹523 in 2024, showing a higher expense related to employee stock options.

Provisions for Employee Benefits: Increased from ₹89 in 2023 to ₹148 in 2024, indicating an increase in employee-related provisions.

Other Provisions: Decreased slightly from ₹45 in 2023 to ₹40 in 2024.

Impairment on Financial Instruments: Decreased from ₹1,893 in 2023 to ₹1,193 in 2024, indicating lower provisions for impairments.

Net Gains on Fair Value Changes: Increased from ₹126 in 2023 to ₹438 in 2024, reflecting higher gains from fair value adjustments.

Operating Profit Before Working Capital Changes:

The operating loss increased from ₹9,490 in 2023 to ₹11,745 in 2024, indicating a deeper loss before adjustments for working capital.

Adjustments for Increase/Decrease in Operating Assets and Liabilities:

(Increase)/Decrease in Loans: Loans decreased less in 2024 (₹27,085) compared to 2023 (₹35,611).

(Increase)/Decrease in Other Financial Assets: A smaller decrease from ₹789 in 2023 to ₹23 in 2024.

(Increase)/Decrease in Other Non-Financial Assets: A decrease from ₹7 in 2023 to ₹152 in 2024.

Increase/(Decrease) in Non-Financial Liabilities: A slight increase from ₹24 in 2023 to ₹70 in 2024.

Increase/(Decrease) in Trade Payables: Trade payables increased from a decrease of ₹259 in 2023 to an increase of ₹670 in 2024.

Increase/(Decrease) in Other Financial Liabilities: A significant increase from a decrease of ₹4,043 in 2023 to an increase of ₹14,964 in 2024.

Interest Paid: Increased slightly from ₹21,798 in 2023 to ₹24,978 in 2024.

Interest Received: Increased from ₹50,987 in 2023 to ₹55,221 in 2024.

Cash Generated from/ (Used in) Operations:

The company generated ₹6,942 from operations in 2024, compared to a negative cash flow of ₹20,986 in 2023, showing a significant improvement.

Income Taxes Paid (Net of Refunds):

Taxes paid increased slightly from ₹2,932 in 2023 to ₹3,012 in 2024.

Net Cash Inflow/(Outflow) from Operating Activities:

The company recorded a net cash inflow of ₹3,930 in 2024 compared to a net outflow of ₹23,918 in 2023, indicating a positive shift in operating cash flow.

Cash Flows from Investing Activities

(Purchase)/Sale of Property, Plant, and Equipment:

Expenditure on property and equipment decreased from ₹811 in 2023 to ₹421 in 2024.

Sale of Commercial Paper:

Proceeds from the sale of commercial paper were ₹15,041 in 2024, with no comparable figure for 2023.

Purchase of Commercial Paper:

Purchase of commercial paper was ₹15,000 in 2024, with no comparable figure for 2023.

Sale of Mutual Fund Units:

Proceeds from mutual fund sales increased significantly from ₹84,122 in 2023 to ₹307,922 in 2024.

Purchase of Mutual Fund Units:

Purchases of mutual fund units increased from ₹83,996 in 2023 to ₹307,485 in 2024.

(Increase)/Decrease in Deposits with Original Maturity of More Than 3 Months:

There was an increase in deposits with maturities over three months by ₹1,523 in 2024 compared to a decrease of ₹136 in 2023.

Interest Income on Fixed Deposit & Certificate of Deposit:

Interest income from fixed deposits increased from ₹355 in 2023 to ₹560 in 2024.

Net Cash (Outflow) from Investing Activities:

The company recorded a net cash inflow of ₹2,140 in 2024, a reversal from the net outflow of ₹466 in 2023.

Cash Flows from Financing Activities

Proceeds from Issue of Share Capital:

Proceeds from share capital issuance were ₹44 in 2024, down from ₹64 in 2023.

Proceeds from Share Application Money Pending Allotment:

Received ₹22 in 2024, with no comparable figure for 2023.

Share Premium on Issue of Share Capital:

The share premium increased slightly from ₹100 in 2023 to ₹106 in 2024.

Repayment of Debt Securities:

Repayments increased significantly from ₹13,412 in 2023 to ₹39,809 in 2024.

Proceeds from Borrowings Other Than Debt Securities:

Proceeds decreased from ₹133,514 in 2023 to ₹116,620 in 2024.

Repayment of Borrowings Other Than Debt Securities:

Repayments decreased from ₹91,874 in 2023 to ₹66,262 in 2024.

Payment Towards Lease Liabilities:

Lease payments were ₹102 in 2024, down from ₹451 in 2023.

Interest Paid:

Interest payments increased slightly from ₹58 in 2023 to ₹64 in 2024.

Net Cash Inflow/(Outflow) from Financing Activities:

Net cash inflow decreased significantly from ₹28,785 in 2023 to ₹10,759 in 2024.

Effect of Foreign Exchange Rates on Cash and Cash Equivalents (Net)

The effect of foreign exchange rates resulted in a net outflow of ₹814 in 2024, compared to ₹16,623 in 2023, showing reduced impact from foreign exchange fluctuations.

Net Increase/(Decrease) in Cash and Cash Equivalents

The net increase in cash and cash equivalents was ₹16,829 in 2024, up from ₹4,401 in 2023, reflecting improved cash generation.

Cash and Cash Equivalents at the Beginning and End of the Year

Beginning Balance: The opening balance increased from ₹23,104 in 2023 to ₹27,505 in 2024.

Ending Balance: The closing balance increased significantly from ₹27,505 in 2023 to ₹44,334 in 2024.

Components of Cash and Cash Equivalents

Cash and Cash Equivalents: Decreased from ₹17,403 in 2023 to ₹5,316 in 2024.

Deposits with Maturity of Less Than 3 Months: Increased from ₹10,102 in 2023 to ₹39,018 in 2024.

Total: The total cash and cash equivalents increased from ₹27,505 in 2023 to ₹44,334 in 2024.

Financial Ratios of Motilal Oswal Home Finance Limited

Here is a summary of the financial and operational metrics for Motilal Oswal Home Finance Limited for the year 2024 & 2023:

Gross Non-Performing Asset Ratio (GNPA%):

2024: 0.86%

2023: 1.07%

Insight: The GNPA ratio has improved, decreasing from 1.07% to 0.86%. This indicates a reduction in the proportion of gross non-performing assets relative to the total loans, reflecting better asset quality and effective credit risk management.

Net Non-Performing Asset Ratio (NNPA%):

2024: 0.42%

2023: 0.55%

Insight: The NNPA ratio has also improved, decreasing from 0.55% to 0.42%. This further signifies a decline in net non-performing assets, suggesting that the company has effectively managed and mitigated credit losses.

Net Debt-to-Equity Ratio:

2024: 1.96

2023: 2.24

Insight: The net debt-to-equity ratio has decreased from 2.24 to 1.96. This reduction indicates the company has lowered its leverage, improving its financial stability and reducing financial risk.

Capital to Risk-Weighted Asset Ratio (CRAR):

2024: 51.00%

2023: 50.94%

Insight: The CRAR has slightly increased from 50.94% to 51.00%. This marginal improvement demonstrates that the company has maintained a strong capital position relative to its risk-weighted assets, ensuring robust capital adequacy.

Tier I CRAR:

2024: 49.75%

2023: 49.81%

Insight: The Tier I CRAR has slightly decreased from 49.81% to 49.75%. Despite this minor decrease, the ratio remains high, indicating a strong core capital base, which is crucial for absorbing losses and maintaining financial stability.

Tier II CRAR:

2024: 1.25%

2023: 1.13%

Insight: The Tier II CRAR has increased from 1.13% to 1.25%. This increase signifies a slight improvement in supplementary capital, which enhances the overall capital adequacy of the company.

Dividend History

Motilal Oswal Home Finance Limited Recent Financial Performance

Dividend per Share: The specific dividend per share figure for 2024 and 2023 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 2024 amounted to Rs. 28,223 Lakhs, while in 2023, they were Rs. 17,626 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.

To provide a more comprehensive analysis, it would be necessary to consider additional financial metrics such as revenue, net profit, assets, liabilities, and cash flows. Additionally, an analysis of trends over multiple years and a comparison to industry benchmarks and competitors would help in assessing the company 's financial health and performance.