Hindustan Housing Company Annual Reports, and Financials

The Hindustan Housing Company Limited Balance Sheet (Rs in Lakhs)

The Hindustan Housing Company Limited Profit & Loss Statement (Rs in Lakhs)

The Hindustan Housing Company Limited Consolidated Cash Flow Statement (Rs in Lakhs)

Here is a summary of the Cash Flow Statement for the years 2024 and 2023:

Cash Flow from Operating Activities

2024: ₹97.29 Lakhs, 2023: ₹54.97 Lakhs

Net Profit Before Tax: The company’s net profit before tax increased to ₹299.82 Lakhs in 2024, from ₹250.86 Lakhs in 2023.

Adjustments: Various non-cash items and income that do not involve cash were adjusted, such as depreciation (₹19.54 Lakhs in 2024, down from ₹27.62 Lakhs in 2023) and dividend income (₹48.69 Lakhs in 2024, slightly lower than ₹50.22 Lakhs in 2023). Additionally, the company had gains from the sale of mutual funds and valuation adjustments, including a substantial gain of ₹98.72 Lakhs from fair valuation of investments.

Working Capital Adjustments: The changes in working capital during 2024 included a decrease in trade receivables of ₹23.26 Lakhs, and increases in trade payables of ₹9.81 Lakhs. There were also decreases in other financial liabilities and other provisions, contributing to a more balanced working capital movement.

Cash Generated from Operations: After working capital adjustments, cash generated from operations was ₹160.48 Lakhs in 2024, higher than ₹106.91 Lakhs in 2023.

Taxes Paid: The company paid taxes of ₹63.19 Lakhs in 2024, up from ₹51.94 Lakhs in 2023.

Net Cash from Operating Activities: After taxes, the company generated a net cash inflow of ₹97.29 Lakhs in 2024, a notable improvement from ₹54.97 Lakhs in 2023. This increase was driven by higher profitability and more efficient working capital management.

Cash Flow from Investing Activities

2024: ₹(116.67) Lakhs, 2023: ₹8.68 Lakhs

Investments in Property, Plant, and Equipment: The company invested ₹6.36 Lakhs in PPE in 2024, a significant reduction from ₹25.84 Lakhs in 2023.

Current and Non-Current Investments: The company made substantial purchases of current investments (₹425.00 Lakhs in 2024) and also realized proceeds from the sale of investments worth ₹240.00 Lakhs. In 2024, it also sold non-current investments for ₹25.30 Lakhs.

Dividend and Interest Income: The company received ₹48.69 Lakhs in dividends and ₹0.70 Lakhs in interest income, similar to the previous year.

Net Cash Flow from Investing Activities: The result was a net cash outflow of ₹116.67 Lakhs in 2024, compared to a positive inflow of ₹8.68 Lakhs in 2023. The increase in outflow is primarily due to higher purchases of investments in 2024.

Net Change in Cash and Cash Equivalents

2024: ₹(19.38) Lakhs, 2023: ₹63.65 Lakhs

Opening Balance: The cash and cash equivalents at the beginning of 2024 were ₹69.45 Lakhs, compared to ₹5.80 Lakhs in 2023.

Closing Balance: After all activities, the company ended the year 2024 with cash and cash equivalents of ₹50.07 Lakhs, down from ₹69.45 Lakhs in 2023.

Financial Ratios of The Hindustan Housing Company Limited

Here is a summary of the financial and operational metrics for The Hindustan Housing Company Limited for the year 2024 and 2023:

Current Ratio (times)

2024: 19.53, 2023: 15.23

This ratio measures the company 's ability to cover its short-term liabilities with its short-term assets. A current ratio of 19.53 in 2024, significantly higher than the typical industry norm of around 2, indicates that the company has a very strong liquidity position. It has more than enough current assets to cover its current liabilities. The increase from 15.23 in 2023 shows an improvement in liquidity.

Return on Equity (ROE) (%)

2024: 4.94%, 2023: 5.02%

ROE measures how effectively the company is using its equity base to generate profits. A ROE of 4.94% in 2024 means that the company is generating about ₹4.94 in profit for every ₹100 of shareholders ' equity. This ratio has slightly declined from 5.02% in 2023, indicating that the company 's profitability relative to its equity has marginally decreased.

Trade Receivables Turnover Ratio (times)

2024: 26.26, 2023: 29.72

This ratio reflects how efficiently the company collects its receivables from customers. The ratio of 26.26 in 2024 means that the company collects its receivables about 26 times during the year, which is slightly less efficient compared to 29.72 in 2023. A decline indicates that the collection process has slowed down somewhat, though it remains strong overall.

Net Capital Turnover Ratio (times)

2024: 0.37, 2023: 0.48

This ratio measures how efficiently the company is using its working capital to generate revenue. A ratio of 0.37 in 2024 suggests that for every ₹1 of net capital, the company generates ₹0.37 in revenue, a slight decline from 0.48 in 2023. This could indicate that the company is generating less revenue relative to its working capital than in the previous year.

Net Profit Ratio (%)

2024: 42.20%, 2023: 32.18%

This ratio reflects the profitability of the company, showing the percentage of revenue that translates into profit. An increase in the net profit ratio to 42.20% in 2024, from 32.18% in 2023, shows that the company has significantly improved its profitability, possibly due to better cost management or higher-margin products or services.

Return on Capital Employed (ROCE) (%)

2024: 4.89%, 2023: 6.06%

ROCE measures the efficiency with which the company is using its capital to generate profits. The decline to 4.89% in 2024 from 6.06% in 2023 suggests that the company is generating lower returns on its capital employed. This decline might indicate higher capital costs or less efficient utilization of the company 's capital.

Return on Investment (ROI) (%)

2024: 3.18%, 2023: 2.89%

ROI measures the efficiency of investment in generating returns. The increase from 2.89% in 2023 to 3.18% in 2024 suggests that the company has been able to generate better returns on its investments, signaling improved performance in investment activities.