Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
---|---|---|---|---|---|---|---|
Primex-40 | |||||||
National Stock Exchange of India Limited |
Particulars |
31-03-2024 |
31-03-2023 |
ASSETS |
|
|
Non-current assets |
|
|
Property, plant and equipment |
1,004.28 |
936.35 |
Right of use assets |
168.46 |
185.39 |
Capital work-in-progress |
31.89 |
53.42 |
Goodwill |
206.86 |
206.86 |
Other intangible assets |
62.47 |
70.93 |
Intangible assets under development |
50.17 |
45.07 |
Investment in associates accounted for using the equity method |
685.85 |
649.44 |
Investments |
14,128.07 |
9,148.79 |
Non-current bank balances |
3,821.63 |
952.9 |
Others |
154.85 |
27.38 |
Income tax assets (net) |
1,046.31 |
538.38 |
Deferred tax assets (net) |
5.28 |
11.32 |
Other non-current assets |
702.69 |
773.13 |
Current assets |
|
|
Investments |
10,470.99 |
8,156.51 |
Trade receivables |
1,864.66 |
1,589.21 |
Cash and cash equivalents |
23,303.12 |
5,897.51 |
Bank balances other than cash and cash equivalents |
5,807.92 |
5,685.67 |
Other financial assets |
459.8 |
141.51 |
Other current assets |
636.2 |
708.36 |
Assets classified as held for sale |
852.5 |
786.21 |
TOTAL ASSETS |
65,464.00 |
36,564.34 |
EQUITY AND LIABILITIES |
|
|
Equity share capital |
49.5 |
49.5 |
Other equity |
23,924.91 |
20,428.98 |
Equity attributable to owners of National Stock Exchange of India Limited |
23,974.41 |
20,478.48 |
Non controlling interest |
-0.53 |
1.91 |
CORE SETTLEMENT GUARANTEE FUND |
|
|
Core settlement guarantee fund paid |
8,857.24 |
4,809.13 |
Core settlement guarantee fund payable |
52.98 |
224.48 |
Settlement guarantee fund paid - commodity derivatives |
- |
250 |
Investor Protection Fund |
0.23 |
0.19 |
Non-current liabilities |
|
|
Lease liabilities |
95.63 |
112.88 |
Other financial liabilities |
17.36 |
16.35 |
Provisions |
45.99 |
52.14 |
Deferred tax liabilities (net) |
305.51 |
158.35 |
Contract liabilities |
82.46 |
69.34 |
Other non-current liabilities |
5.41 |
5.41 |
Current liabilities |
|
|
Lease liabilities |
29 |
23.44 |
Deposits |
3,264.87 |
2,881.11 |
Trade payables |
|
|
Total outstanding dues of micro enterprises and small enterprises |
5.83 |
1.88 |
Total outstanding dues of creditors other than micro enterprises and small enterprises |
326.92 |
260.28 |
Other financial liabilities |
22,344.87 |
4,602.90 |
Provisions |
105.23 |
86.26 |
Contract liabilities |
6.17 |
3.86 |
Income tax liabilities (net) |
102.9 |
508.01 |
Other current liabilities |
5,472.20 |
1,596.41 |
Liabilities directly associated with assets classified as held for sale |
369.32 |
421.54 |
TOTAL EQUITY AND LIABILITIES |
65,464.00 |
36,564.34 |
Particulars | 31-03-2024 | 31-03-2023 |
Revenue from operations | 14,780.01 | 11,856.23 |
Other Income | 1,653.60 | 909.13 |
Total Income | 16,433.61 | 12,765.36 |
Employee benefits expense | 460.39 | 366.05 |
Regulatory Fees | 980.57 | 477.94 |
Depreciation and amortisation expense | 439.55 | 384.06 |
Other expenses | 1,728.39 | 1,380.78 |
Total expenses (excluding contribution to Core settlement guarantee fund (Core SGF) | 3,608.90 | 2,608.83 |
Profit before contribution to Core settlement guarantee fund (Core SGF), Share of net profits of associates accounted for using equity method and Tax from Continuing Operations | 12,824.71 | 10,156.53 |
Share of net profits of associates accounted for using equity method | 100.54 | 88.5 |
Profit before Contribution to Core SGF and Tax | 12,925.25 | 10,245.03 |
Contribution to Core SGF | -1,740.97 | -203.45 |
Profit before tax for the period / year from continuing operations | 11,184.28 | 10,041.58 |
Current tax expense | 2,626.16 | 2,521.01 |
Deferred tax expense / (benefit) | 151.64 | 18.69 |
Profit for the period / year from continuing operations | 8,406.48 | 7,501.88 |
(Loss) from discontinued operations before tax | -79.58 | -127.97 |
Tax expense of discontinued operations | -21.16 | -17.92 |
(Loss) from discontinued operations | -100.74 | -145.89 |
Profit for the period / year | 8,305.74 | 7,355.99 |
Other Comprehensive Income | ||
Items that will be reclassified to profit or loss (net of tax) | ||
Changes in fair value of FVOCI debt instruments | 15.58 | -21.6 |
Changes in foreign currency translation reserve | 2.44 | 7.28 |
Changes in foreign currency translation reserve pertaining to discontinued operations | 0.09 | 0.26 |
Items that will not be reclassified to profit or loss (net of tax) | ||
Remeasurements of post-employment benefit obligations | -2.49 | 0.88 |
Remeasurements of post-employment benefit obligations pertaining to discontinued operations | -2.81 | -2.4 |
Changes in fair value of FVOCI equity instruments | -4.18 | -4.52 |
Share of other comprehensive income of associates accounted for using the equity method | -3 | 2.05 |
Total other comprehensive income / (loss) for the period / year, net of taxes | 5.63 | -18.05 |
Total comprehensive income for the period / year | 8,311.37 | 7,337.94 |
Profit attributable to : | ||
Owners of National Stock Exchange of India Limited | 8,305.66 | 7,354.81 |
Non-Controlling Interests | 0.08 | 1.18 |
Other comprehensive income attributable to : | ||
Owners of National Stock Exchange of India Limited | 5.66 | -18.04 |
Non-Controlling Interests | -0.03 | -0.01 |
Total comprehensive income attributable to : | ||
Owners of National Stock Exchange of India Limited | 8,311.32 | 7,336.77 |
Non-Controlling Interests | 0.05 | 1.17 |
Earnings per equity share | ||
Basic and Diluted (Rs.) | 167.79 | 148.58 |
Particulars |
31-03-2024 |
31-03-2023 |
CASH FLOWS FROM OPERATING ACTIVITIES |
||
PROFIT BEFORE TAX FROM |
||
Continuing Operations |
11,184.28 |
10,041.58 |
Discontinued Operations |
-79.58 |
-127.97 |
PROFIT BEFORE TAX INCLUDING DISCONTINUED OPERATIONS |
11,104.70 |
9,913.61 |
Adjustments for |
||
Depreciation and amortization expense |
471.64 |
415.92 |
Interest income from financial assets at amortized cost |
-561.11 |
-301.26 |
Income from investments |
-814.88 |
-328.54 |
Interest income from investments designated at FVOCI |
-233.14 |
-114.86 |
Rental income |
-1.48 |
-1.32 |
Dividend income from equity investments designated at FVOCI |
-3.72 |
-0.39 |
Net gain on financial assets mandatorily measured at FVPL |
-630.35 |
-359.94 |
Net gain on sale of financial assets mandatorily measured at FVPL |
-134.63 |
-105.11 |
Profit on sale of investment in associates |
-81.43 |
- |
Net (gain) / loss on disposal of property, plant and equipment |
3.55 |
0.65 |
Doubtful debts written off |
8.25 |
14.59 |
Impairment in value of investment |
39.99 |
|
Provision for doubtful debts |
0.4 |
0.06 |
Reversal/ (Provision) for Impairment / write off of Intangible assets under development |
- |
60.81 |
Share of net profit of associates accounted by using equity method |
-100.54 |
-88.5 |
Provision for contribution to Core settlement guarantee fund |
52.98 |
224.48 |
Interest on lease liabilities |
11.74 |
8.61 |
Change In operating assets and liabilities |
||
(Increase)/ Decrease in trade receivables |
-297.82 |
-216.19 |
Increase/ (Decrease) in trade payables |
70.52 |
54.18 |
(Increase)/ Decrease in other financial assets |
-19.36 |
-0.86 |
(Increase)/ Decrease in other assets |
120.2 |
-150.8 |
Increase/ (Decrease) in other financial liabilities |
17,298.56 |
-4,631.68 |
Increase/ (Decrease) in provisions |
31.15 |
0.29 |
Increase/ (Decrease) in other liabilities |
3,885.46 |
-1,395.12 |
(Refund)/ Proceeds of deposits |
383.76 |
557.48 |
Change in core settlement guarantee fund |
3,082.98 |
536.2 |
CASH GENERATED FROM OPERATIONS |
33,687.42 |
4,092.32 |
Income taxes paid |
-3,943.12 |
-2,357.83 |
NET CASH INFLOW FROM OPERATING ACTIVITIES |
29,744.30 |
1,734.49 |
CASH FLOWS FROM INVESTING ACTIVITIES |
||
Payment for property, plant and equipment and intangibles assets |
-470.3 |
-406.42 |
Proceeds from property, plant and equipment and intangibles assets |
1.06 |
2.75 |
Proceeds from rental income |
1.48 |
1.32 |
(Payment) / proceeds from investments (Net) |
-6,153.20 |
-4,031.12 |
Profit on sale of investment in associates |
127.74 |
- |
(Payment) / proceeds from investments in deposits with financial institutions (Net) |
- |
115.38 |
Payment for investment in associates |
-40 |
-10 |
(Payment) / proceeds from fixed deposits / Bank balances other than cash & cash equivalents (Net) |
-3,001.95 |
350.99 |
Interest received |
1,180.32 |
744.84 |
Dividend received (including dividend from associate companies) |
18.54 |
15.21 |
NET CASH OUTFLOW FROM INVESTING ACTIVITIES |
-8,336.31 |
-3,217.04 |
CASH FLOWS FROM FINANCING ACTIVITIES |
||
Dividend paid |
-3,959.00 |
-2,079.00 |
Acquisition of non-controlling interest in subsidiary |
- |
-2.54 |
Payment of lease liabilities |
-22.95 |
-9.83 |
Interest on lease liabilities |
-11.74 |
-8.61 |
NET CASH OUTFLOW FROM FINANCING ACTIVITIES |
-3,993.69 |
-2,099.98 |
NET (DECREASE) / INCREASE IN CASH AND CASH EQUIVALENTS |
17,414.30 |
-3,582.53 |
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR |
5,974.65 |
9,557.18 |
CASH AND CASH EQUIVALENTS AT END OF THE YEAR |
23,388.95 |
5,974.65 |
Here is a summary of the Cash Flow Statement for the years 2024 and 2023:
Cash Flows from Operating Activities
Profit Before Tax from Continuing and Discontinued Operations:
2024: ₹11,104.70 thousand (Continuing: ₹11,184.28 thousand, Discontinued: ₹-79.58 thousand)
2023: ₹9,913.61 thousand (Continuing: ₹10,041.58 thousand, Discontinued: ₹-127.97 thousand)
The overall profit before tax increased, indicating improved financial performance.
Adjustments for:
Depreciation and Amortization Expense:
2024: ₹471.64 thousand
2023: ₹415.92 thousand
Increase in depreciation, reflecting higher capital assets or changes in depreciation rates.
Interest Income from Financial Assets at Amortized Cost:
2024: ₹-561.11 thousand
2023: ₹-301.26 thousand
Increase in interest income, positively impacting cash flow.
Income from Investments:
2024: ₹-814.88 thousand
2023: ₹-328.54 thousand
Increase in investment income, indicating better returns on investments.
Interest Income from Investments Designated at FVOCI (Fair Value Through Other Comprehensive Income):
2024: ₹-233.14 thousand
2023: ₹-114.86 thousand
Higher interest income from FVOCI investments.
Rental Income:
2024: ₹-1.48 thousand
2023: ₹-1.32 thousand
Slight increase in rental income.
Dividend Income from Equity Investments Designated at FVOCI:
2024: ₹-3.72 thousand
2023: ₹-0.39 thousand
Increase in dividend income.
Net Gain on Financial Assets Mandatorily Measured at FVPL (Fair Value Through Profit or Loss):
2024: ₹-630.35 thousand
2023: ₹-359.94 thousand
Increase in gains from FVPL financial assets.
Net Gain on Sale of Financial Assets Mandatorily Measured at FVPL:
2024: ₹-134.63 thousand
2023: ₹-105.11 thousand
Higher gains from the sale of FVPL financial assets.
Profit on Sale of Investment in Associates:
2024: ₹-81.43 thousand
No such profit in 2023.
Net (Gain)/Loss on Disposal of Property, Plant, and Equipment:
2024: ₹3.55 thousand
2023: ₹0.65 thousand
Higher gain from disposal of assets.
Doubtful Debts Written Off:
2024: ₹8.25 thousand
2023: ₹14.59 thousand
Decrease in doubtful debts written off.
Impairment in Value of Investment:
2024: ₹39.99 thousand
No such impairment in 2023.
Provision for Doubtful Debts:
2024: ₹0.40 thousand
2023: ₹0.06 thousand
Slight increase in provision for doubtful debts.
Reversal/(Provision) for Impairment/Write-off of Intangible Assets Under Development:
No such provision in 2024.
2023: ₹60.81 thousand
Reversal of impairment in 2023.
Share of Net Profit of Associates Accounted by Using Equity Method:
2024: ₹-100.54 thousand
2023: ₹-88.50 thousand
Increase in share of profit from associates.
Provision for Contribution to Core Settlement Guarantee Fund:
2024: ₹52.98 thousand
2023: ₹224.48 thousand
Significant decrease in provision for core settlement guarantee fund.
Interest on Lease Liabilities:
2024: ₹11.74 thousand
2023: ₹8.61 thousand
Increase in interest on lease liabilities.
Change in Operating Assets and Liabilities:
(Increase)/Decrease in Trade Receivables:
2024: ₹-297.82 thousand
2023: ₹-216.19 thousand
Increase in trade receivables, indicating higher sales on credit.
Increase/(Decrease) in Trade Payables:
2024: ₹70.52 thousand
2023: ₹54.18 thousand
Increase in trade payables, reflecting higher purchase obligations.
(Increase)/Decrease in Other Financial Assets:
2024: ₹-19.36 thousand
2023: ₹-0.86 thousand
Increase in other financial assets.
(Increase)/Decrease in Other Assets:
2024: ₹120.20 thousand
2023: ₹-150.80 thousand
Decrease in other assets.
Increase/(Decrease) in Other Financial Liabilities:
2024: ₹17,298.56 thousand
2023: ₹-4,631.68 thousand
Significant increase in other financial liabilities.
Increase/(Decrease) in Provisions:
2024: ₹31.15 thousand
2023: ₹0.29 thousand
Increase in provisions.
Increase/(Decrease) in Other Liabilities:
2024: ₹3,885.46 thousand
2023: ₹-1,395.12 thousand
Increase in other liabilities.
(Refund)/Proceeds of Deposits:
2024: ₹383.76 thousand
2023: ₹557.48 thousand
Decrease in deposit proceeds.
Change in Core Settlement Guarantee Fund:
2024: ₹3,082.98 thousand
2023: ₹536.20 thousand
Increase in the core settlement guarantee fund.
Cash Generated from Operations:
2024: ₹33,687.42 thousand
2023: ₹4,092.32 thousand
Significant increase in cash generated from operations.
Income Taxes Paid:
2024: ₹-3,943.12 thousand
2023: ₹-2,357.83 thousand
Increase in income taxes paid.
Net Cash Inflow from Operating Activities:
2024: ₹29,744.30 thousand
2023: ₹1,734.49 thousand
Substantial increase in net cash inflow from operating activities.
Cash Flows from Investing Activities
Payment for Property, Plant, and Equipment and Intangible Assets:
2024: ₹-470.30 thousand
2023: ₹-406.42 thousand
Increase in capital expenditures.
Proceeds from Property, Plant, and Equipment and Intangible Assets:
2024: ₹1.06 thousand
2023: ₹2.75 thousand
Decrease in proceeds from asset sales.
Proceeds from Rental Income:
2024: ₹1.48 thousand
2023: ₹1.32 thousand
Slight increase in rental income.
(Payment)/Proceeds from Investments (Net):
2024: ₹-6,153.20 thousand
2023: ₹-4,031.12 thousand
Increase in payments for investments.
Profit on Sale of Investment in Associates:
2024: ₹127.74 thousand
No such profit in 2023.
(Payment)/Proceeds from Investments in Deposits with Financial Institutions (Net):
No such transactions in 2024.
2023: ₹115.38 thousand
Payment for Investment in Associates:
2024: ₹-40.00 thousand
2023: ₹-10.00 thousand
Increase in investment in associates.
(Payment)/Proceeds from Fixed Deposits/Bank Balances Other than Cash & Cash Equivalents (Net):
2024: ₹-3,001.95 thousand
2023: ₹350.99 thousand
Significant decrease in bank balances other than cash.
Interest Received:
2024: ₹1,180.32 thousand
2023: ₹744.84 thousand
Increase in interest received.
Dividend Received (Including Dividend from Associate Companies):
2024: ₹18.54 thousand
2023: ₹15.21 thousand
Increase in dividends received.
Net Cash Outflow from Investing Activities:
2024: ₹-8,336.31 thousand
2023: ₹-3,217.04 thousand
Significant increase in net cash outflow from investing activities.
Cash Flows from Financing Activities
Dividend Paid:
2024: ₹-3,959.00 thousand
2023: ₹-2,079.00 thousand
Increase in dividend payments.
Acquisition of Non-Controlling Interest in Subsidiary:
No such transactions in 2024.
2023: ₹-2.54 thousand
Payment of Lease Liabilities:
2024: ₹-22.95 thousand
2023: ₹-9.83 thousand
Increase in payment of lease liabilities.
Interest on Lease Liabilities:
2024: ₹-11.74 thousand
2023: ₹-8.61 thousand
Increase in interest on lease liabilities.
Net Cash Outflow from Financing Activities:
2024: ₹-3,993.69 thousand
2023: ₹-2,099.98 thousand
Significant increase in net cash outflow from financing activities.
Net (Decrease)/Increase in Cash and Cash Equivalents
Net (Decrease)/Increase:
2024: ₹17,414.30 thousand
2023: ₹-3,582.53 thousand
Significant increase in cash and cash equivalents in 2024 compared to a decrease in 2023.
Cash and Cash Equivalents - Opening Balance:
2024: ₹5,974.65 thousand
2023: ₹9,557.18 thousand
Reflects the prior year 's closing balance.
Cash and Cash Equivalents - Closing Balance:
2024: ₹23,388.95 thousand
2023: ₹5,974.65 thousand
Significant increase in closing cash balance, indicating a stronger cash position at the end of 2024.
Particulars |
2024 |
2023 |
Dividend Per Share (in Rs.) |
90.00 |
42.00 |
Particulars |
2024 |
2023 |
Current Ratio |
1.88 |
3.31 |
Debt-Equity Ratio |
0.01 |
0.01 |
Debt Service Coverage Ratio, |
220.78 |
469.19 |
Return on Equity Ratio |
37.00% |
51.00% |
Trade Receivables turnover ratio |
8.57 |
7.92 |
Trade payables turnover ratio |
11.77 |
10.70 |
Net capital turnover ratio |
1.72 |
1.56 |
Net profit ratio |
49.00% |
65.00% |
Return on Capital employed |
45.00% |
56.00% |
Return on investment |
7.00% |
6.00% |
Here is a summary of the financial and operational metrics for National Stock Exchange of India Limited for the year 2024 & 2023:
Liquidity:
Current Ratio: Decreased from 3.31 in 2023 to 1.88 in 2024.
Insight: The current ratio indicates a significant reduction in liquidity. A ratio of 1.88 is still generally considered acceptable, but the drop suggests a tighter liquidity position and a potential reduction in short-term assets relative to short-term liabilities.
Leverage:
Debt-Equity Ratio: Remained constant at 0.01.
Insight: The company has maintained very low levels of debt relative to equity, indicating a strong equity base and minimal financial leverage.
Debt Servicing:
Debt Service Coverage Ratio: Dropped from 469.19 in 2023 to 220.78 in 2024.
Insight: This significant decrease indicates reduced ability to cover debt obligations from operating cash flows. It suggests a potential rise in debt service requirements or a decline in cash flows available for debt servicing.
Profitability:
Return on Equity (ROE): Decreased from 51.00% to 37.00%.
Insight: The decline in ROE reflects a decrease in profitability relative to shareholders ' equity. The company may have experienced lower net income or higher equity levels without a proportional increase in profit.
Net Profit Ratio: Decreased from 65.00% to 49.00%.
Insight: This reduction in net profit margin indicates that while the company remains profitable, its efficiency in converting revenue into net income has decreased.
Return on Capital Employed (ROCE): Dropped from 56.00% to 45.00%.
Insight: The decrease in ROCE suggests a reduction in the efficiency of utilizing capital to generate profits. This may be due to increased capital investment without a proportional increase in returns.
Return on Investment (ROI): Increased from 6.00% to 7.00%.
Insight: The improvement in ROI indicates a better return on investments made by the company, suggesting that investments are yielding better results.
Operational Efficiency:
Trade Receivables Turnover Ratio: Improved from 7.92 to 8.57.
Insight: An increase in this ratio implies better efficiency in collecting receivables, suggesting improved credit management or quicker collection processes.
Trade Payables Turnover Ratio: Increased from 10.70 to 11.77.
Insight: A higher ratio indicates faster payment to suppliers. This could reflect improved supplier relationships or a shift in payment strategy, but it may also suggest reduced use of trade credit.
Net Capital Turnover Ratio: Increased from 1.56 to 1.72.
Insight: This improvement indicates more efficient use of capital to generate revenue, suggesting better operational efficiency.