PHF Leasing Limited (PHF Leasing) Return Comparision with Primex 40 Index

Periods	1 Week	1 Month	3 Months	6 Months	1 Year	3 Years	All Time
Primex-40
PHF Leasing Limited

PHF Leasing Limited Balance Sheet (Amt. In Lakhs)

PARTICULARS	31 March 2023	31 March 2022
Assets
Financial Assets
Cash and Cash Equivalents	2240.06	869.39
Bank Balance other than cash and cash equivalent	7	-
Loans	7,888.38	4654.06
Investments	756.87	55.08
Other Financial Assets	658.9	294
Non- Financial Assets
Current tax assets (Net)	9.85	3.9
Deferred tax assets (Net)	-	5.73
Property, Plant and Equipment	161.63	95.56
Right of Use assets	233.45	107.96
Other non-financial assets	70.29	23
Total Assets	12,026.44	6,108.68
LIABILITIES AND EQUITY
LIABILITIES
Financial Liabilities
Payables
(I) Trade Payables
(i) total outstanding dues of micro enterprises and small enterprises	-	-
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises	134.58	31.97
(II) Other Payables
(i) total outstanding dues of micro enterprises and small
enterprises	8.01	-
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises	100.39	44.23
Debt Securities	1678.53	1380.74
Borrowings (Other than Debt Securities)	3870.01	1990.23
Subordinated Liabilites	675.01	581.13
Deposits	2112.87	863.67
Lease Liabilities	253.2	115.9
Other financial liabilities	390.43	8.86
Non- Financial Liabilities
Provisions	3.36	1.11
Deferred tax liablities (Net)	39.85	-
Other non-financial liabilities	36.47	15.78
EQUITY
Equity Share capital	1238.68	550
Other Equity	1485.05	525.07
Total Liabilites and Equity	12,026.44	6108.68

PHF Leasing Limited Profit & Loss Statement (Amt. In Lakhs)

PARTICULARS	31 March 2023	31 March 2022
Revenue from Operations
Interest Income	1773.58	855.2
Dividend Income	0.1	0.07
Total Revenue from Operations	1773.68	855.27
Other Income	1.06	8.17
Total Income	1774.74	863.44
Expenses
Finance Costs	773.43	424.3
Impairment on financial instruments	39.53	-22.51
Employee Benefits Expenses	414.38	271.1
Depreciation, amortization and impairment	41.67	21.33
Others expenses	361.16	152.75
Total Expenses	1630.18	846.97
Profit/ (Loss) before exceptional and extraordinary items and tax	144.57	16.47
Exceptional items	-	75
Profit/ (Loss) before tax	144.57	91.47
Tax Expense:
(1) Current Tax	-	-12.2
(2) Deferred Tax credit/(Charge)	-39.45	-8.37
(3) Earlier year tax adjusments	10.53	-
Profit/ (Loss) for the period	115.65	70.9
Other Comprehensive Income
(A) (i) Items that will not be reclassified to profit or loss		-
Net gain on equity instrument designated at FVTOCI. (Shares in Capital Small Finance Bank)	16.84	5.2
Income tax relating to items that will not be reclassified to profit or loss	-3.37	0.24
	13.48	5.44
(B) (i) Items that will be reclassified to profit or loss
Re-measurement losses on defined benefit plans	10.94	-0.54
Income tax relating to items that will be reclassified to profit or loss	-2.75	0
	8.18	-0.54
Total Other Comprehensive Income	21.66	4.9
Total Comprehensive Income / (Loss) for the period(Comprising Profit (Loss) and other Comprehensive Income for the period)	137.31	75.8
Earnings per equity share
Basic (Rs.)	2.08	2.04
Diluted (Rs.)	2.08	2.04

PHF Leasing Limited Consolidated Cash Flow Statement (Amt. In Lakhs)

Particulars	31 March 2023	31 March 2022
Cash flow from operating activities
Profit/(Loss) before tax	144.57	16.47
Adjustments for:
Depreciation and amortization expenses	41.67	21.33
Impairment on financial instruments Loss/ (Profit) on sale of assets	39.53	-22.51
Finance cost	-773.43	-424.3
Dividend income	-0.1	-0.07
Gain/(Loss) on Lease Modification	-	-2.46
Interest income	-1773.58	-855.2
	-774.48	-418.13
Operating Loss before working capital changes and adjustments for interest received, interest paid and dividend received
Changes in working capital
Increase/(Decrease) in trade payables	123.31	20.07
Increase/(Decrease) in other payables	64.17	16.44
Increase in other financial liabilities	381.57	5.25
Increase in loans	-3,234.32	-2,015.40
Increase in other non-financial assets	-47.29	-2.96
(Increase)/ Decrease in other financial assets	-364.89	-176.32
Cash used in operations before adjustments for interest received, interest paid and dividend received	-3,851.94	-2,571.06
Interest paid	-794.24	-396.71
Interest received	1795.92	855.2
Dividend received	0.1	0.07
Cash used in operations	-2,850.15	-2,112.50
Income tax paid	-9.85	-16.11
Net cash flows (used in)/ from operating activities (A)	-2,860.00	-2,128.61
Extraordinary Item	-	75
Net cash flows (used in)/ from operating activities (A)	-2,860.00	-2,053.61
Cash flow from Investing activities
Payment for property, plant and equipment	-79.76	-87.36
Investment in government securities/FDR	-701.8	-5
Deletion of ROU	-	-
Net proceeds from fixed assets	-	-
Interest received	-	-
Net cash flow used in investing activities (B)	-781.56	-92.36
Cash flow from Financing activities
Proceeds from Issue of Equity	1515.1	497.32
Proceeds/(repayment) from issue of debt securities	297.79	372.06
Proceeds/(repayment) from Borrowings other than debt securities issued		1028.85
Proceeds from Subordinated Liabilites	93.87	581.13
Proceeds from issue of deposits	1249.2	328.67
Payment of lease liabilities	-16.52	-10.03
Net cash flow from financing activities (C)	5,019.23	2,798.01
Net increase in cash and cash equivalents (A+B+C)	1377.66	652.04
Cash and cash equivalents at the beginning of the year	869.39	217.34
Cash and cash equivalents at the end of the year	2247.06	869.39
Cash and cash equivalents comprise (Refer note 3)
Cash on hand	20.44	18.01
Balances with banks	948.25	52.12
Deposits with original maturity of less than three months	1271.37	799.26
Bank Balance other than cash and cash equivalent	7	-
Total cash and bank balances at end of the year	2247.06	869.39

Let 's break down the Cash Flow Statement for the years 2023 and 2022, activity-wise:

Cash Flow from Operating Activities (A):

- In 2023, there was a net cash outflow from operating activities amounting to -₹2,860.00. This indicates that the company 's core business operations required more cash outflow than inflow during the period.

- Similarly, in 2022, the net cash outflow from operating activities was -₹2,053.61. This suggests a similar trend of negative cash flow from operations compared to the previous year.

Cash Flow from Investing Activities (B):

- In 2023, there was a net cash outflow of -₹781.56 from investing activities, which includes payments for property, plant, equipment, and investments in government securities/FDR.

- In 2022, the net cash outflow from investing activities was -₹92.36. This indicates higher investment outflow compared to the previous year.

Cash Flow from Financing Activities (C):

- In 2023, there was a net cash inflow from financing activities of ₹5,019.23. This inflow primarily resulted from proceeds from the issue of equity, debt securities, borrowings, subordinated liabilities, and deposits.

- In 2022, the net cash inflow from financing activities amounted to ₹2,798.01. This indicates a similar trend of cash inflow from financing activities compared to the previous year.

Summary:

- The net increase in cash and cash equivalents for 2023 was ₹1,377.66, indicating an overall positive cash flow for the year.

- For 2022, the net increase in cash and cash equivalents was ₹652.04, showing a lower increase compared to 2023.

Cash and Cash Equivalents:

- The cash and cash equivalents at the end of 2023 were ₹2,247.06, reflecting the total amount of cash on hand, balances with banks, and deposits with original maturity of less than three months.

- In comparison, the cash and cash equivalents at the end of 2022 were ₹869.39, indicating a significant increase in cash holdings over the year.

Dividend History of PHF Leasing Limited:

Particulars	2023
Dividend (final + interim) (In Rs.)	-