MSE Financial Annual Report

MSE Financial Services Limited (MSE Financial) Return Comparision with Primex 40 Index

Periods	1 Week	1 Month	3 Months	6 Months	1 Year	3 Years	All Time
Primex-40
MSE Financial Services Limited

MSE Financial Services Limited Balance Sheet (Rs In Lakhs)

Particulars	2023	2022
EQUITY AND LIABILITIES
Shareholder 's Funds
(a) Share Capital
Equity Shares	1341.1	1341.1
Preference Shares	1000	1000
	2341	2341
(b) Reserves and Surplus	-874.67	-919.31
Non-Current Liabilities
Long Term Provisions	7.53	4.27
Current Liabilities
Trade Payables:
(i) Total outstanding dues of creditors other than micro and small enterprises	85.92	46.12
(c) Other Current Liabilities	3598.08	4375.95
(d) Short-Term Provisions	0.47	0.59
Total	5158	5849
ASSETS
Non-Current Assets
(a) Property Plant & Equipment
i) Tangible Assets	10.93	14.83
ii) lntangible Assets		0.43
(b) Non-Current lnvestments	448.44	384.44
(c) Deferred Tax Assets (Net)	3.52	2.72
(d) Long-Term Loans & Advances	27.1	21.81
(e) Other non-current assets	365.51	1056.6
Current Assets
(a ) Current lnvestments	16.4	16.98
(b) Trade Receivables	128.63	232.75
(c) Cash & Bank Balances	3807.72	3991.96
(d) Short-Term Loans & Advances	212.96	104.28
(e) Other Current Assets	137.22	57.94
Total	5158	5849

MSE Financial Services Limited Profit & Loss Statement (Rs In Lakhs)

Particulars	2023	2022
Revenue From Operations	577.29	660.13
Other lncome	323.9	195.76
Total Revenue (l +ll)	901.19	855.9
Expenses:
Fee and Commission Expense	299.93	377.66
Employees Cost & Benefits	174.74	147.68
Depreciation and Amortization Expense	5.84	12.28
Finance cost	35.49	4.22
Other Expenses	332.3	265.31
Total Expenses	849.29	807.14
Profit Before Exceptional ltem (lll- V)	52.9	48.75
Profit Before Tax (lll- Vl)	52.9	48.75
Tax Expense:
(1) Current tax
(2) Prior Period Tax	-9.05	20.02
(3) Deferred tax	0.8	-3.89
Total Tax Expense	-8.25	16.13
Profit (Loss) for the period (Vll - VIll)	44.65	32.63
Earnings per Equity Share:
Basic EPS	0.03	0.02
Diluted EPS	0.03	0.02

MSE Financial Services Limited Consolidated Cash Flow Statement (Rs In Lakhs)

Particulars	2023	2022
CASH FLOWS FROM OPERATING ACTIVITIES
Net profit/(loss) after Tax	44.65	32.63
Adiustments for:
Depreciation	5.84	12.28
Interest expense	35.48	4.22
Interest Income	-163.51	-105.1
Operating profit/(loss) before working capital changes	-77.54	-55.98
Adiustments for changes in-
Other Non current assets	691.09	-377.21
Other Current Liabilities	-777.87	3384.93
Short Term Provisions	-0.12	0.14
Trade Payables	39.79	-10.27
Short-Term Loans & Advances	-108.68	5.7
Other Current Assets	-79.28	36.23
Long Term Provisions	3.26	1.95
Trade Receivables	104.12	-26.92
Long-Term Loans & Advances	-5.3	-0.32
Cash generated from Operations	210.53	2955.25
Add/(less) : Income Tax Adjustments	-0.8	-3.89
Net Cash from Operating activites (A)	-211.33	2951.36
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of Investments	-100	61.6
Investment in Fixed Deposits	-912	-296
Current Investments	0.58	-16.98
Interest Income	163.51	105.1
Purchase of Property, Plant and Equipment	-1.52	-2.73
Net Cash Flow Investing Activities (B)	849.43	272.21
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issuance of share capital & borrowings
Repayment of borrowings		64.54
Interest paid	-35.48	-4.22
Net cash used in financing activities (C )	-35.48	-68.76
NET CASH TNFLOW/(OUTFLOW)	1096.24	2610.4
Cash and cash equivalents at beginning of period	2910.95	300.56
Cash and cash equivalents at end of period	1814.71	2910.95
Net Increase/(Decrease) in Cash and Cash Equivalents	1096.24	2610.4

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

1. Current Ratio:

In 2023, the current ratio is 1.34, indicating that the company has Rs 1.34 in current assets for every Rs 1 in current liabilities.

In 2022, the current ratio was 1.31, which also demonstrates strong liquidity.

2. Debt Equity Ratio:

In 2023, the debt equity ratio is 0.88, suggesting that the company has Rs 0.88 in debt for every Rs 1 in equity.

In 2022, the debt equity ratio was 0.54, indicating a slight increase in debt relative to equity.

3. Debt Service Coverage Ratio:

In 2023, the debt service coverage ratio is 0.01, which may be a cause for concern as it indicates the company 's ability to cover its debt obligations is minimal.

In 2022, the ratio was slightly better at 0.02.

4. Return on Equity Ratio:

Both in 2023 and 2022, the return on equity ratio is 0.01, indicating a consistent but relatively low return on shareholders ' equity.

5. Inventory Turnover Ratio:

In 2023, the inventory turnover ratio is 0.15, suggesting that the company 's inventory turnover has improved, which is generally positive.

In 2022, the ratio was 0.09, indicating a lower turnover rate for inventory.

6. Trade Receivables Turnover Ratio:

In 2023, the trade receivables turnover ratio is notably high at 1446.2, which suggests that the company is collecting receivables very efficiently.

In 2022, the ratio was 1.24, indicating a significant improvement in receivables turnover.

7. Net Capital Turnover Ratio:

In 2023, the net capital turnover ratio is 0.02, which indicates a lower efficiency in generating sales relative to capital employed.

In 2022, the ratio was higher at 0.1, suggesting more efficient capital utilization.

8. Net Profit Ratio:

In 2023, the net profit ratio is 0.46, showing an increase in the company 's profitability compared to 2022.

In 2022, the ratio was 0.29, indicating a lower net profit relative to sales.

9. Return on Capital Employed:

Both in 2023 and 2022, the return on capital employed is 0.01, indicating a consistent but relatively low return on the capital invested in the business.

10. Return on Investment:

In both 2023 and 2022, the return on investment is 0, which suggests that the company did not generate any return on the total investment.

MSE Financial Annual Report, Balance Sheet, and Financials

MSE Financial Services Limited (MSE Financial) Return Comparision with Primex 40 Index

MSE Financial Services Limited Balance Sheet (Rs In Lakhs)

MSE Financial Services Limited Profit & Loss Statement (Rs In Lakhs)

MSE Financial Services Limited Consolidated Cash Flow Statement (Rs In Lakhs)

MSE Financial Services Annual Report 2022-23

MSE Financial Services Annual Report 2021-22

MSE Financial Services Annual Report 2020-21

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