| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| SK Finance Limited |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Financial assets |
|
|
|
Cash and cash equivalents |
38,569.15 |
40,999.64 |
|
Bank balance other than cash and cash equivalents |
1,51,846.12 |
1,55,476.42 |
|
Derivative financial instruments |
565.83 |
1,980.01 |
|
Receivables |
1,682.27 |
7.41 |
|
Loans |
11,84,088.05 |
9,64,384.41 |
|
Investments |
1,03,941.03 |
28,754.70 |
|
Other financial assets |
35,326.43 |
14,356.86 |
|
Non-financial assets |
|
|
|
Current tax assets |
348.46 |
2,310.37 |
|
Deferred tax assets |
1,091.21 |
1,972.62 |
|
Property, plant and equipment |
21,585.03 |
17,972.99 |
|
Capital work-in-progress |
- |
208.37 |
|
Intangible assets under development |
275.64 |
- |
|
Other intangible assets |
956.5 |
1,356.31 |
|
Other non-financial assets |
1,664.19 |
1,132.11 |
|
Total assets |
15,41,939.91 |
12,30,912.22 |
|
Liabilities |
|
|
|
Derivative financial instruments |
894.95 |
67.7 |
|
Debt securities |
2,17,668.36 |
1,53,655.91 |
|
Borrowings |
9,42,740.83 |
7,39,832.06 |
|
Other financial liabilities |
27,614.23 |
23,787.38 |
|
Provisions |
1,194.97 |
1,472.38 |
|
Other non-financial liabilities |
1,644.77 |
1,238.69 |
|
Equity |
|
|
|
Equity share capital |
1,340.01 |
1,337.44 |
|
Other equity |
3,48,841.79 |
3,09,520.66 |
|
Total liabilities and equity |
15,41,939.91 |
12,30,912.22 |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Revenue from operations |
|
|
|
Interest income |
2,12,020.20 |
1,63,283.66 |
|
Fees and commission income |
9,662.05 |
6,165.22 |
|
Net gain on fair value changes |
- |
704.66 |
|
Net gain on de-recognition of financial instruments |
16,111.89 |
8,965.92 |
|
Other income |
843.63 |
675.45 |
|
Total income |
2,38,637.77 |
1,79,794.91 |
|
Expenses |
|
|
|
Finance costs |
97,130.69 |
74,734.23 |
|
Net loss on fair value changes |
281.4 |
- |
|
Impairment on financial instruments |
23,876.97 |
11,943.35 |
|
Employee benefits expenses |
49,792.90 |
38,633.73 |
|
Depreciation and amortization |
4,649.45 |
3,611.35 |
|
Other expenses |
14,430.23 |
10,940.12 |
|
Total expenses |
1,90,161.68 |
1,39,862.78 |
|
Profit before tax |
48,476.09 |
39,932.13 |
|
Current tax |
9,290.48 |
8,037.83 |
|
Deferred tax |
1,218.90 |
701.97 |
|
Profit for the period/year |
37,966.71 |
31,192.33 |
|
Re-measurements of the defined benefit plans |
-192.71 |
-136.69 |
|
Income tax to items that will not be reclassified to P&L |
48.5 |
34.4 |
|
Cash flow hedge reserve |
-1,148.22 |
- |
|
Income tax to items that will be reclassified to P&L |
288.98 |
- |
|
Other comprehensive income/(expenses) |
-1,003.45 |
-102.29 |
|
Total comprehensive income for the period/year |
36,963.26 |
31,090.04 |
|
Earnings per equity share |
|
|
|
Basic |
28.36 |
25 |
|
Diluted |
28.15 |
24.7 |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Cash flows from operating activities |
48,476.09 |
39,932.13 |
|
Loss/(gain) on sale of property, plant and equipment |
3.94 |
-4.32 |
|
Finance costs |
97,120.26 |
74,685.54 |
|
Interest income |
-2,12,020.20 |
-1,63,283.66 |
|
Net gain on de-recognition of financial instruments |
-16,111.89 |
-8,965.92 |
|
Net gain on investments |
-2.65 |
-1,338.81 |
|
Impairment on financial instruments |
23,876.97 |
11,943.35 |
|
Employee share based payment expenses |
1,752.60 |
1,442.02 |
|
Depreciation and amortization |
4,649.45 |
3,611.35 |
|
Cash inflow from interest on loans |
1,94,296.95 |
1,49,419.70 |
|
Cash outflow towards finance cost |
-96,074.23 |
-68,268.10 |
|
Cash generated from operation before working capital changes |
45,967.29 |
39,173.28 |
|
Working capital changes: |
|
|
|
(Increase) in trade receivables |
-1,674.86 |
1,067.72 |
|
(Increase) in loans |
-2,43,253.29 |
-2,74,563.30 |
|
(lncrease)/decrease in other financial assets |
-10,462.01 |
430.66 |
|
(Increase) in other non-financial assets |
-532.08 |
-446.09 |
|
Increase/(decrease) in other financial liabilities |
6,135.55 |
10,077.72 |
|
Increase in provisions |
-470.12 |
279.51 |
|
Increase/(decrease) in other non-financial liabilities |
406.08 |
-60.38 |
|
Income taxes paid |
-7,328.58 |
-8,119.68 |
|
Net cash (used in) operating activities |
-2,11,212.02 |
-2,32,160.56 |
|
Cash flows from investing activities |
|
|
|
Purchase of property, plant & equipment, capital WIP & intangible assets |
-8,082.82 |
-8,450.44 |
|
Proceeds from sale of property plant and equipment |
149.93 |
134.89 |
|
Investment in fixed deposits |
-1,31,274.98 |
-1,64,573.76 |
|
Proceeds from redemption of fixed deposits |
1,37,175.67 |
56,324.40 |
|
Purchase of investments |
-9,25,659.57 |
-9,72,039.71 |
|
Proceeds from redemptions of investments |
8,51,358.48 |
9,96,064.66 |
|
Interest received on investments |
19,763.36 |
13,383.90 |
|
Net cash (used in) investing activities |
-56,569.93 |
-79,156.06 |
|
Cash flows from financing activities |
|
|
|
Proceeds from issue of shares including securities premium |
767.86 |
94,952.15 |
|
Proceeds from issue of debt securities |
1,68,247.72 |
51,000.00 |
|
Repayment of debt securities |
-1,05,852.75 |
-70,617.33 |
|
Proceeds from borrowings |
5,98,035.49 |
4,64,384.69 |
|
Repayment of borrowings |
-3,93,538.14 |
-2,61,376.89 |
|
Payment of lease liability |
-2,308.72 |
-1,775.07 |
|
Net cash generated from financing activities |
2,65,351.46 |
2,76,567.55 |
|
cash and cash equivalents |
-2,430.49 |
-34,749.07 |
|
Add: Cash and cash equivalents as at the beginning of the year |
40,999.64 |
75,748.71 |
|
Cash and cash equivalents as at the end of the year |
38,569.15 |
40,999.64 |
|
Components of cash & cash equivalents as at the end of the year |
22,550.40 |
35,417.15 |
|
Term deposits |
13,221.62 |
3,628.89 |
|
Cash on hand |
2,797.13 |
1,953.60 |
|
Balances as per statement of Cash flows |
38,569.15 |
40,999.64 |
Here is a summary of the Cash Flow
Statement for the years 2025 and 2024:
Cash Flow from
Operating Activities
SK Finance Limited
began the year with a profit before tax of ₹48,476.09 lakhs,
a 21.4% increase over the previous year. After adjusting for non-cash and
non-operating items—such as interest income (-₹2,12,020.20 lakhs),
finance
costs (₹97,120.26 lakhs), impairment on financial instruments
(₹23,876.97 lakhs), and depreciation and amortization
(₹4,649.45 lakhs)—the cash generated from operations before
working capital changes stood at ₹45,967.29 lakhs.
However, significant
changes in working capital, primarily a substantial increase in loans
(-₹2,43,253.29 lakhs) and other financial assets (-₹10,462.01
lakhs), led to an overall net cash outflow from operating
activities of ₹2,11,212.02 lakhs. Although core operations
remained profitable, the growing loan book and asset expansion indicate a
cash-intensive growth strategy.
Cash Flow from
Investing Activities
During FY 2024–25,
SK Finance Limited made major investments. The company invested in fixed
deposits (-₹1,31,274.98 lakhs) and purchase of
investments (-₹9,25,659.57 lakhs). However, it also generated inflows
from redemptions of investments (₹8,51,358.48 lakhs) and fixed
deposits (₹1,37,175.67 lakhs). After accounting for interest
received and proceeds from asset sales, the company recorded a net
cash outflow from investing activities of ₹56,569.93 lakhs,
showing its continued asset reallocation and expansion.
Cash Flow from
Financing Activities
The company raised
significant funds to support its operations. This included ₹1,68,247.72
lakhs from issuing debt securities, ₹5,98,035.49
lakhs from borrowings, and ₹767.86 lakhs
from equity issuance. After repaying debt securities and
borrowings and accounting for lease payments, net cash
generated from financing activities was ₹2,65,351.46 lakhs—a
vital source of liquidity that offset the large operating and investing cash
outflows.
Net Change in Cash
and Closing Balance
Despite positive
financing cash flow, the overall net decrease in cash and cash
equivalents was ₹2,430.49 lakhs, bringing the closing
cash balance to ₹38,569.15 lakhs, compared to ₹40,999.64 lakhs
in the previous year. The company’s cash position remains strong, indicating
careful liquidity management despite aggressive loan growth and investments.
