Parag Parikh Financial Advisory Services Ltd (PPFAS) Return Comparision with Primex 40 Index

Periods	1 Week	1 Month	3 Months	6 Months	1 Year	3 Years	All Time
Primex-40
Parag Parikh Financial Advisory Services Ltd

Parag Parikh Financial Advisory Services Limited Consolidated Balance Sheet (Rs in Lakhs)

Particulars	31-03-2025	31-03-2024
Financial Assets
Cash and cash equivalents	40.25	124.19
Bank balances other than above	200.00	200.00
Trade Receivables	4,352.18	2,423.55
Investments	60,485.83	37,622.37
Other financial assets	308.87	241.51
Non Financial Assets
Current Tax Assets (Net)	-	79.47
Property, Plant & Equipment	3,501.57	2,315.29
Right of use assets	1,032.52	174.33
Intangible assets under development	11.00	13.20
Other intangible assets	37.21	35.25
Other non-financial assets	245.08	244.65
Total Assets	70,214.51	43,473.80
Financial Liabilities
Trade Payables:
Total outstanding dues of micro enterprises and small enterprises	34.10	7.45
Total outstanding dues of creditors other than micro enterprises and small enterprises	128.96	102.84
Lease liabilities	10,54.00	176.03
Other Financial liabilities	29.34	4.48
Non- Financial Liabilities
Current tax liabilities (net)	17.65	-
Provisions	90.53	60.58
Deferred Tax Liabilities (Net)	2,589.10	1,492.89
Other non-financial liabilities	1,386.99	881.53
Equity
Equity Share Capital	769.59	766.81
Other Equity	64,114.24	39,981.19
Total Liabilities and Equity	70,214.51	43,473.80

Parag Parikh Financial Advisory Services Limited Consolidated Profit and Loss Statement (Rs in Lakhs)

Particulars	31-03-2025	31-03-2024
Revenue from Operations
Interest Income	14.65	1.25
Fees and commission Income	37,587.88	21,247.62
Net gain on fair value changes	5,281.03	7,378.03
Other Income	25.76	16.12
Total Income	42,909.32	28,643.02
Expenses
Finance Cost	76.36	18.08
Employee Benefit Expense	6,291.38	4,933.29
Depreciation and amortization and impairment	533.45	293.39
Other Expenses	2,432.55	1,706.20
Total Expenses	9,333.74	6,950.96
Profit Before Tax	33,575.58	21,692.06
Current Tax	7,811.98	3,709.21
Deferred Tax	1,103.40	878.48
Profit After Tax	24,660.20	17,104.37
Other Comprehensive Income
Remeasurement of defined employee benefit plans	-28.59	10.57
Income tax relating to items that will not be reclassified to profit or loss	7.19	-2.66
Total Other Comprehensive Income	-21.40	7.91
Total Comprehensive Income	24,638.80	17,112.28
Earnings per Share
Basic	321.45	223.06
Diluted	284.30	196.38

Parag Parikh Financial Advisory Services Limited Consolidated Cash Flow Statement (Rs in Lakhs)

Particulars	31-03-2025	31-03-2024
Cash Flow from Operating Activities
Profit Before Tax	33,575.58	21,692.06
Adjustments:
Depreciation and amortisation	250.99	213.39
Amortisation of right of use asset	282.46	79.99
Net Loss/ (gain) on derecognition of property, plant and equipment	-4.03	-3.46
Finance cost	76.36	18.08
Interest unwinding on security deposits	-11.42	-4.29
Interest on Fixed Deposit	-14.65	-1.25
Dividend reinvested	-0.05	-0.05
- Realised	-308.63	-302.79
- Unrealised	-4,972.40	-7,075.24
Share based payments- Equity-settled	197.86	86.46
Provision for leave encashment	33.05	22.14
Operating Profit before working capital changes	29,105.13	14,725.04
Adjustment for:
Increase in Trade receivables	-1,928.63	-827.93
Increase in Trade payables	52.77	56.83
Increase in Provisions	29.95	22.14
Increase in Other financial/non financial assets	-91.30	-133.01
Increase in Other financial/ non financial liabilities	409.80	142.47
Cash Generated from Operations	27,577.72	13,985.54
Taxes Paid	-7,743.45	-3,729.07
Net Cash from Operating Activities	19,834.27	10,256.47
Cash Flow from Investing Activities
Purchase of property, plant and equipment (including capital advances)	-1,411.38	-560.89
Proceeds from sale of property, plant and equipment	6.65	20.63
Purchase of investments	-17,582.39	-8,911.77
Interest received on deposits	14.65	-
Purchase of other intangible assets	-28.27	-20.79
Fixed deposits placed	-	-198.75
Net Cash from Investment Activities	-19,000.74	-9,671.57
Cash Flow from Financing Activities
Repayment of lease liabilities	-304.12	-88.74
Proceeds from issue of Equity Shares	46.10	-
Interim dividend paid on equity shares	-659.45	-421.74
Net Cash from Financing Activities	-917.47	-510.48
Net Increase in Cash & Cash Equivalents	-83.94	74.42
Opening Cash & Cash Equivalents	124.19	49.77
Closing Cash & Cash Equivalents	40.25	124.19

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

Operating Activity

The company generated a net cash inflow of ₹19,834.27 lakhs in FY 2024–25, a significant rise from ₹10,256.47 lakhs in FY 2023–24. This growth was driven by a higher profit before tax (₹33,575.58 lakhs vs. ₹21,692.06 lakhs) and non-cash adjustments like depreciation, amortization, and share-based payments. However, there was a working capital outflow mainly due to increased receivables and trade payables.

Investing Activity

The company incurred a net outflow of ₹19,000.74 lakhs in FY 2024–25 (vs. ₹9,671.57 lakhs in FY 2023–24), primarily due to higher purchases of investments (₹17,588.35 lakhs). Interest income and sale proceeds provided some inflows, but capital expenditure and fixed deposits added to the outflows.

Financing Activity

Financing activities led to a net outflow of ₹917.47 lakhs, higher than the previous year’s ₹510.48 lakhs. This was mainly due to interim dividend payouts (₹659.45 lakhs) and lease liability repayments, with only minimal inflow from equity issuance.

Net Movement in Cash and Cash Equivalents

Despite increased investing and financing outflows, the company maintained a strong cash position due to robust operating inflows, reflecting a healthy core business performance.

Parag Parikh Financial Advisory Services Annual Reports, Balance Sheet and Financials