| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Rich N Rich Finance And Holdings Limited |
|
Particulars |
31-03-2020 |
31-03-2019 |
|
ASSETS |
|
|
|
Non-current assets |
|
|
|
Property plant and Equipment |
121 |
121 |
|
Current assets |
|
|
|
loans and advances |
25,37,89,560 |
5,07,00,323 |
|
Cash and Cash equivalents |
13,24,411 |
11,45,378 |
|
Other financial assets |
26,65,871 |
3,56,371 |
|
TOTAL ASSETS |
25,77,79,964 |
5,22,02,194 |
|
EQUITY AND LIABILITIES |
|
|
|
Equity Share Capital |
5,00,00,000 |
3,20,16,000 |
|
Other Equity |
1,99,595 |
-21,22,361 |
|
Current liabilities |
|
|
|
Financial Liabilities |
19,71,00,523 |
2,16,50,000 |
|
Sundry Creditors |
1,49,821 |
1,49,821 |
|
Provisions |
98,81,931 |
72,190 |
|
Other Current Liabilities |
4,48,094 |
4,36,544 |
|
TOTAL EQUITY AND LIABILITIES |
25,77,79,964 |
5,22,02,194 |
|
Particulars |
31-03-2020 |
31-03-2019 |
|
Revenue from operations |
2,72,09,236 |
5,13,801 |
|
Total Income |
2,72,09,236 |
5,13,801 |
|
Employee benefits expense |
57,32,250 |
- |
|
Finance costs |
1,44,62,181 |
- |
|
Other expenses |
38,77,026 |
4,17,153 |
|
Total Expenses |
2,40,71,457 |
4,17,153 |
|
Profit before tax |
31,37,779 |
96,648 |
|
Current tax |
8,15,823 |
24,162 |
|
Net Profit for the Period |
23,21,956 |
72,486 |
|
Earnings per equity share |
|
|
|
Basic |
0.46 |
0.02 |
|
Diluted |
0.46 |
0.02 |
|
Particulars |
31-03-2020 |
31-03-2019 |
|
Cash Flow from Operating Activities |
|
|
|
Net Profit/(Loss) Before Exceptional and Extraordinary items and Tax |
31,37,779 |
72,486 |
|
Operating Profit Before Working Capital Adjustments |
31,37,779 |
72,486 |
|
Increase/ (Decrease) in Other Financial Assets |
-23,09,500 |
0 |
|
Decrease/ (Increase) in Short Term Provisions |
98,09,741 |
-83,977 |
|
Decrease/ (Increase) in Other Non-Current Assets |
0 |
-2,47,500 |
|
Increase/ (Decrease) in Other Current Liabilities |
-8,04,273 |
50,000 |
|
Net Cash Flow from Operating Activities |
98,33,747 |
-2,08,991 |
|
Cash Flow from Investing Activities |
|
|
|
Decrease/ (Increase) in Long Term Advances |
-20,30,89,237 |
-1,95,40,000 |
|
Net Cash Flow from Investing Activities |
-20,30,89,237 |
-1,95,40,000 |
|
Cash Flow from Financing Activities |
|
|
|
Increase/ (Decrease) in Share Capital |
1,79,84,000 |
- |
|
Increase/ (Decrease) in Short Term Borrowings |
17,54,50,523 |
2,00,00,000 |
|
Net Cash Flow from Financing Activities |
19,34,34,523 |
2,00,00,000 |
|
Net Increase/ (Decrease) in Cash and Cash Equivalents |
1,79,033 |
2,51,009 |
|
Cash and cash equivalents at the beginning of the year |
11,45,380 |
8,94,371 |
|
Cash and cash equivalents at the end of the of the year |
13,24,413 |
11,45,380 |
Here is a summary of the Cash Flow Statement for the years 2020 and 2019:
Cash Flow from Operating Activities:
Net Profit Before Exceptional and Extraordinary Items and Tax: In the year ending March 31, 2020, the company reported a net profit before exceptional and extraordinary items and tax of ₹31,37,779, significantly higher than the ₹72,486 reported in the previous year ending March 31, 2019.
Operating Profit Before Working Capital Adjustments: The operating profit before working capital adjustments remained the same as net profit in both years, indicating that there were no significant adjustments needed to reconcile operating profit with net profit.
Increase/Decrease in Other Financial Assets, Short Term Provisions, Other Non-Current Assets, and Other Current Liabilities: The company experienced various changes in financial assets, provisions, non-current assets, and current liabilities. These adjustments are essential to accurately reflect the cash flow from operating activities.
Net Cash Flow from Operating Activities: After considering these adjustments, the net cash flow from operating activities was ₹98,33,747 in 2020, representing a substantial increase from the negative ₹2,08,991 reported in 2019. This indicates a significant improvement in the company 's operating cash flow performance.
Cash Flow from Investing Activities:
Decrease/Increase in Long Term Advances: The company experienced significant changes in long-term advances, resulting in substantial cash outflows in both years.
Net Cash Flow from Investing Activities: As a result of these changes, the net cash flow from investing activities was negative ₹20,30,89,237 in 2020 and negative ₹1,95,40,000 in 2019, reflecting substantial investment activities.
Cash Flow from Financing Activities:
Increase/Decrease in Share Capital and Short-Term Borrowings: The company raised capital through an increase in share capital and short-term borrowings, contributing to positive cash flows from financing activities.
Net Cash Flow from Financing Activities: The net cash flow from financing activities was ₹19,34,34,523 in 2020 and ₹2,00,00,000 in 2019, indicating significant financing activities during both periods.
Net Increase/Decrease in Cash and Cash Equivalents:
The net increase/decrease in cash and cash equivalents was ₹1,79,033 in 2020 and ₹2,51,009 in 2019, reflecting the overall change in cash position due to operating, investing, and financing activities.
Cash and Cash Equivalents at the Beginning and End of the Year:
The cash and cash equivalents at the beginning of the year were ₹11,45,380 in 2020 and ₹8,94,371 in 2019. By the end of the year, cash and cash equivalents increased to ₹13,24,413 in 2020 and ₹11,45,380 in 2019, indicating the ending cash position of the company.
