Delhi Safe Annual Reports, Balance Sheet and Financials

The Delhi Safe Deposit Company Limited Balance Sheet (in Rs.)

The Delhi Safe Deposit Company Limited Profit & Loss Statement (in Rs.)

The Delhi Safe Deposit Company Limited Consolidated Cash Flow Statement (in Rs.)

Here is a summary of the Cash Flow Statement for the years 2023 and 2022:

Cash Flow from Operating Activities

Loss / Profit before Taxation:

31-03-2023: The company reported a loss of ₹21,198, indicating that its expenses exceeded its revenues before tax.

31-03-2022: The company also reported a loss of ₹4,154, suggesting a less severe loss compared to the current year.

Adjustments for Non-Cash and Non-Operating Items:

Depreciation on Assets:

31-03-2023: ₹888, indicating a decrease in the value of tangible assets.

31-03-2022: ₹995, slightly higher than the current year.

Interest from Govt. Securities & Fixed Deposits:

31-03-2023: -₹1,110, indicating income from these sources.

31-03-2022: -₹1,886, higher income compared to the current year.

Interest on Vehicle Loans:

31-03-2023: ₹44, interest expense on vehicle loans.

31-03-2022: ₹37, slightly lower than the current year.

Interest on Loan & Fixed Deposits:

31-03-2023: ₹7,632, indicating interest expense.

31-03-2022: ₹9,006, higher than the current year.

Provisions for:

NPAs:

31-03-2023: ₹401, provision for non-performing assets.

31-03-2022: -₹1,725, a release or reduction of provisions in the previous year.

Standard Assets:

31-03-2023: -₹145, reduction in provisions.

31-03-2022: -₹178, slightly higher reduction.

Leave Encashments:

31-03-2023: ₹187, provision for leave encashment.

31-03-2022: -₹461, a release of provision.

Expected Credit Loss Allowance:

31-03-2023: ₹1,186, provision for expected credit losses.

31-03-2022: ₹2,253, higher provision compared to the current year.

Restructured Loan Assets:

31-03-2023: -₹4,812, reduction in restructured loan assets.

31-03-2022: -₹5,670, higher reduction.

Loss / Profit on Sale of Investments/Assets:

31-03-2023: ₹367, indicating a loss.

31-03-2022: -₹33, indicating a profit in the previous year.

Direct Taxes Paid Net of Refunds:

31-03-2023: ₹2,897, taxes paid.

31-03-2022: ₹1,902, lower taxes paid.

Adjustments for Changes in Working Capital:

Trade Payables & Liabilities:

31-03-2023: -₹2,825, indicating a decrease in liabilities.

31-03-2022: ₹8,513, indicating an increase.

Loans, Advances & Trade Receivables:

31-03-2023: ₹33,171, indicating an increase in receivables.

31-03-2022: ₹34,294, slightly higher increase.

Net Cash Flows from Operating Activities:

31-03-2023: ₹16,683, positive cash flow despite the operating loss.

31-03-2022: ₹42,893, significantly higher positive cash flow in the previous year.

Cash Flow from Investing Activities

Purchase of Fixed Assets / Investments:

31-03-2023: -₹24,207, significant outflow for asset/investment purchases.

31-03-2022: -₹2,156, much lower outflow.

Proceeds from Sale of Fixed Assets / Investments:

31-03-2023: ₹11,217, proceeds from sales.

31-03-2022: ₹1,560, much lower proceeds.

Interest from Govt. Securities & Fixed Deposits:

31-03-2023: ₹1,030, interest income.

31-03-2022: ₹2,291, higher income.

Net Cash Flows from Investing Activities:

31-03-2023: -₹11,960, indicating a net outflow.

31-03-2022: ₹1,695, indicating a net inflow.

Cash Flow from Financing Activities

Interest on Vehicle Loans:

31-03-2023: -₹44, interest expense.

31-03-2022: -₹37, slightly lower expense.

Interest on Loan & Fixed Deposits:

31-03-2023: -₹11,845, significant interest expense.

31-03-2022: -₹13,591, higher expense.

Proceeds of Borrowings:

31-03-2023: -₹31,174, indicating repayments or net reduction.

31-03-2022: -₹12,290, lower outflow compared to the current year.

Net Cash Flows from Financing Activities:

Both years indicate significant outflows, suggesting that the company paid more in interest and repayments than it borrowed.

Net Increase/Decrease in Cash & Cash Equivalents

31-03-2023: -₹38,340, significant decrease in cash.

31-03-2022: ₹18,670, significant increase in cash.

Cash & Cash Equivalents at Beginning and End of Year

Beginning of Year:

31-03-2023: ₹47,803

31-03-2022: ₹29,133

End of Year:

31-03-2023: ₹9,463

31-03-2022: ₹47,803

Financial Ratios of The Delhi Safe Deposit Company Limited

Here is a summary of the financial and operational metrics for The Delhi Safe Deposit Company Limited for the years 2023:

Capital to Risk-weighted Assets Ratio (CRAR)

31-03-2023: 70.05%

Insight: A CRAR of 70.05% indicates a very high level of capital relative to the risk-weighted assets. This is significantly above the regulatory requirement, suggesting a strong capital base and a low risk of insolvency.

Tier I CRAR

31-03-2023: 67.16%

Insight: The Tier I CRAR of 67.16% shows that the majority of the company 's capital is in the form of core capital, which includes equity capital and disclosed reserves. This indicates a very strong core capital position, enhancing the company 's ability to absorb shocks arising from financial and economic stress.

Tier II CRAR

31-03-2023: 2.89%

Insight: The Tier II CRAR of 2.89% indicates a smaller portion of the capital base is in the form of subordinated debt, hybrid instruments, and other qualifying Tier II capital. While lower compared to Tier I, it contributes to the overall capital adequacy.

Liquidity Coverage Ratio (LCR)

31-03-2023: 1636%

Insight: An LCR of 1636% is extremely high, indicating that the company has a substantial amount of highly liquid assets relative to its net cash outflows over a 30-day stress period. This ratio far exceeds the typical regulatory minimum requirement (usually around 100%), suggesting exceptional liquidity and the ability to meet short-term obligations easily.