| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Ossoor Estates Limited |
|
Particulars |
31-03-2024 |
31-03-2023 |
|
Equity and Liabilities |
||
|
Share Capital |
1,56,00,000 |
1,56,00,000 |
|
Reserves and Surplus |
2,92,87,000 |
-1,85,96,000 |
|
Non-current Liabilities |
||
|
Long-term Borrowings |
37,12,17,000 |
74,90,10,000 |
|
Current Liabilities |
||
|
Short-term Borrowings |
68,77,55,000 |
45,23,59,000 |
|
Other Current Liabilities |
11,70,41,000 |
13,27,66,000 |
|
Total Equity and Liabilities |
122,09,00,000 |
133,11,39,000 |
|
Assets |
||
|
Non-current Assets |
||
|
Tangible Assets |
2,39,15,000 |
2,51,86,000 |
|
Non-current Investments |
12,33,15,000 |
12,04,00,000 |
|
Current Assets |
||
|
Inventories |
5,87,00,000 |
12,80,84,000 |
|
Cash and Bank Balances |
5,51,39,000 |
2,48,47,000 |
|
Short-term Loans and Advances |
95,98,31,000 |
103,26,22,000 |
|
Total Assets |
122,09,00,000 |
133,11,39,000 |
|
Particulars |
31-03-2024 |
31-03-2023 |
|
Revenue from Operations |
||
|
Revenue from sale of products |
18,86,08,000 |
3,66,25,000 |
|
Total revenue from operations other than finance
company |
18,86,08,000 |
3,66,25,000 |
|
Other income |
36,18,000 |
3,98,19,000 |
|
Total revenue |
19,22,26,000 |
7,64,36,000 |
|
Expenses |
||
|
Purchases of stock-in-trade |
82,79,000 |
- |
|
Changes in inventories of finished goods,
work-in-progress, and stock-in-trade |
7,03,59,000 |
-5,72,58,000 |
|
Employee benefit expense |
4,43,21,000 |
4,40,70,000 |
|
Depreciation expense |
25,31,000 |
26,79,000 |
|
Other expenses |
3,77,50,000 |
3,49,81,000 |
|
Total expenses |
16,31,92,000 |
2,42,92,000 |
|
Profit & Tax |
||
|
Total profit before prior period items, exceptional
items, extraordinary items, and tax |
2,90,78,000 |
5,22,02,000 |
|
Exceptional items before tax |
2,00,65,000 |
1,18,73,000 |
|
Total profit (loss) for the period |
4,78,83,000 |
6,40,75,000 |
|
Earnings per Equity Share |
||
|
Basic |
30.69 |
41.07 |
|
Diluted |
30.69 |
41.07 |
|
Particulars |
31-03-2024 |
31-03-2023 |
|
Cash Flow from Operating Activities |
||
|
Profit before extraordinary items and tax |
4,78,83,000 |
6,40,75,000 |
|
Adjustments to reconcile profit (loss): |
||
|
Adjustments for depreciation and amortisation
expense |
25,31,000 |
26,79,000 |
|
Share of profit/loss from partnerships |
-29,15,000 |
-2,58,74,000 |
|
Total Adjustments to Profit (Loss) |
-3,42,97,000 |
-2,31,95,000 |
|
Adjustments for Working Capital: |
||
|
Decrease (Increase) in Inventories |
6,93,84,000 |
-6,03,05,000 |
|
Decrease (Increase) in Trade Receivables |
-7,27,91,000 |
- |
|
Increase (Decrease) in Other Current Liabilities |
21,67,000 |
1,38,70,000 |
|
Total Adjustments for Working Capital |
1,16,40,000 |
-4,74,35,000 |
|
Total Adjustments to Reconcile Profit (Loss) |
-2,26,57,000 |
-7,06,30,000 |
|
Net Cash Flow from (Used in) Operations |
2,52,26,000 |
-65,55,000 |
|
Dividends received |
-45,000 |
-16,000 |
|
Interest received |
- |
-19,000 |
|
Income taxes paid (refund) |
- |
-12,62,000 |
|
Other inflows/(outflows) of cash |
-7,75,59,000 |
- |
|
Net Cash Flow from (Used in) Operating Activities |
-5,23,78,000 |
-1,97,36,000 |
|
Cash Flow from Investing Activities |
||
|
Proceeds from sales of tangible assets |
7,75,00,000 |
- |
|
Proceeds from sales of intangible assets |
2,48,25,000 |
- |
|
Dividends received |
45,000 |
16,000 |
|
Interest received |
- |
19,000 |
|
Income taxes paid (refund) |
- |
12,62,000 |
|
Net Cash Flow from (Used in) Investing Activities |
2,35,80,000 |
7,72,16,000 |
|
Cash Flow from Financing Activities |
||
|
Proceeds from borrowings |
-37,77,95,000 |
-2,48,35,000 |
|
Net Cash Flow from (Used in) Financing Activities |
-37,77,95,000 |
-2,48,35,000 |
|
Net Increase (Decrease) in Cash & Cash
Equivalents Before Exchange Rate Changes |
-3,65,93,000 |
-1,73,55,000 |
|
Net Increase (Decrease) in
Cash & Cash Equivalents |
-3,65,93,000 |
-1,73,55,000 |
|
Cash & Cash Equivalents at End of Period |
1,46,47,000 |
3,48,47,000 |
Here is a summary of the Cash Flow Statement for the years 2024 and 2023:
Cash Flow from Operating Activities
The net cash flow
from operating activities for the year ending March 31, 2024, was negative at ₹5,23,78,000,
a significant decline compared to the previous year’s negative ₹1,97,36,000.
The primary driver of cash inflows in operations was the profit before tax and
extraordinary items, which stood at ₹4,78,83,000 for FY
2024, compared to ₹6,40,75,000 in FY 2023. However,
adjustments, including depreciation expenses and share of profit/loss from
partnerships, resulted in a negative adjustment of ₹2,26,57,000
in FY 2024, worsening from ₹7,06,30,000 in FY
2023.
Working capital
adjustments significantly impacted cash flow. There was a notable increase in
trade receivables (₹7,27,91,000), indicating
higher credit sales, which reduced cash availability. However, there was a
significant decrease in inventories (₹6,93,84,000),
leading to improved cash flow. Changes in liabilities contributed ₹21,67,000,
but the overall operating cash flow was heavily impacted by other
outflows of ₹7,75,59,000, ultimately leading to a negative net
cash flow from operations.
Cash Flow from Investing Activities
Investing activities
generated a net positive cash flow of ₹2,35,80,000 in FY
2024, significantly lower than the ₹7,72,16,000 in FY
2023. This was mainly driven by proceeds from the sale of tangible and
intangible assets, contributing ₹7,75,00,000 and ₹2,48,25,000,
respectively, in FY 2024. In contrast, FY 2023 had no such asset sales. Other
sources of cash included small dividend receipts (₹45,000)
and interest income.
Cash Flow from Financing Activities
The financing
activities segment saw a significant cash outflow in FY 2024, with a net
decrease of ₹37,77,95,000, compared to ₹2,48,35,000
in FY 2023. This was primarily due to large repayments of borrowings,
suggesting the company paid off significant debt obligations, leading to a
severe drain in cash resources. There were no major inflows from new
borrowings, which further exacerbated the outflow situation.
Net Change in Cash & Cash Equivalents
As a result of these activities, the company 's overall cash and cash equivalents decreased by ₹3,65,93,000 in FY 2024, compared to a decrease of ₹1,73,55,000 in FY 2023. This decline was driven by high operational outflows and heavy debt repayments, partially offset by asset sales in the investing section. The closing cash balance at the end of FY 2024 stood at ₹1,46,47,000, significantly lower than the ₹3,48,47,000 reported at the end of FY 2023.
