Vivriti Capital Limited (Vivriti Capital) Return Comparision with Primex 40 Index

Periods	1 Week	1 Month	3 Months	6 Months	1 Year	3 Years	All Time
Primex-40
Vivriti Capital Limited

Vivriti Capital Limited Consolidated Balance Sheet (Rs in Lakhs)

Particulars	31-03-2025	31-03-2024
Financial Assets
Cash and cash equivalents	31,807.17	43,290.49
Bank Balances other than cash and cash equivalents	68,554.26	52,500.38
Derivative financial instruments	171.54	488.08
Trade receivables	2,043.97	1,774.62
Loans	8,65,846.78	7,30,352.11
Investments	2,03,146.01	2,28,781.77
Other financial assets	7,343.76	5,487.53
Non-Financial Assets
Current tax assets (net)	837.04	308.23
Deferred tax assets (net)	4,901.43	2,677.09
Investment property	868.70	901.07
Property, plant and equipment	2,366.70	3,119.09
Capital work-in-progress	0.51	161.97
Right of use asset	1,476.82	3,775.06
Intangible assets under development	340.56	872.93
Other intangible assets	1,879.43	543.97
Other non-financial assets	4,586.86	4,724.81
Non-current assets held for sale	1,033.71	1,033.71
Total assets	11,97,205.25	10,80,792.91
Financial Liabilities
Trade Payables
Total outstanding dues of micro enterprises and small enterprises	1.91	4.25
Total outstanding dues of creditors other than above	1,717.47	1,606.06
Debt securities	2,02,416.85	1,80,773.70
Borrowings (Other than debt securities)	6,01,927.97	5,26,220.77
Other financial liabilities	28,995.37	23,540.25
Non-Financial Liabilities
Deferred tax liabilities (net)	19,926.49	46,083.88
Current tax liabilities (net)	-	1,035.43
Provisions	1,280.48	898.80
Other non-financial liabilities	758.48	389.78
Equity
Equity share capital	1,804.08	1,766.22
Convertible preference share capital	9,094.02	9,094.02
Other equity	3,23,706.27	2,83,791.16
Non-controlling interests	5,575.86	5,588.59
Total Liabilitie and Equity	11,97,205.25	10,80,792.91

Vivriti Capital Limited Consolidated Profit & Loss Statement (Rs in Lakhs)

Particulars	31-03-2025	31-03-2024
Revenue from Operations
Interest income	1,28,641.89	94,807.30
Fees and commission income	10,536.43	7,581.58
Net gain on fair value change	610.95	4,536.36
Net gain on derecognition	1,015.26	1,005.96
Other Income	1,694.38	1,911.83
Gain on loss/dilution of control	8,156.88	1,196.89
Total income	1,50,655.79	1,11,039.92
Expenses
Finance costs	70,370.15	54,202.26
Impairment on financial instruments	19,380.05	10,272.50
Employee benefit expense	13,840.72	12,425.01
Depreciation and amortisation	1,795.81	1,919.21
Other expenses	8,603.50	6,443.05
Total expenses	1,13,990.23	85,262.03
Profit before tax	36,665.56	25,777.89
Current Tax	9,341.33	7,861.56
Deferred tax charge/(benefit)	-28,580.90	-1,389.17
Net profit after tax	55,905.13	19,305.50
Share of loss from associate	-20,026.96	-18,985.95
Net (loss)/profit after tax for the year	35,878.17	319.55
Other comprehensive income
Items that will not be reclassified to profit or loss:
Re-measurements of the defined benefit asset/ (liability)	-15.13	-20.68
Income tax relating to items that will not be reclassified to profit or loss	3.81	5.20
Items that will be reclassified to profit or loss:
Fair valuation of financial instruments through other comprehensive income	1,165.61	750.97
Changes in cash flow hedge reserve	-338.82	-59.71
Income tax relating to items that will be reclassified to profit or loss	-208.09	-173.98
Other Comprehensive Income	607.38	501.81
Share of other comprehensive loss from associate	-20.70	-6.67
Other comprehensive income	586.68	495.13
Total comprehensive income for the year	36,464.85	814.68
Profit for the year attributable to
Owners of the Company	35,895.45	362.97
Non-controlling interest	-17.28	-43.42
Other comprehensive income for the year, net of tax
Owners of the Company	589.12	497.57
Non-controlling interest	-2.44	-2.44
Total comprehensive income for the year, net of income tax
Owners of the Company	36,484.57	860.54
Non-controlling interest	-19.72	-45.86
Earnings per equity share
Basic	37.35	0.34
Diluted	36.69	0.33

Vivriti Capital Limited Consolidated Cash Flow Statement (Rs in Lakhs)

Particulars	31-03-2025	31-03-2024
Cash Flow from Operating Activities
Profit before tax	36,665.56	25,777.89
Adjustment for:
Depreciation and Amortization	1,795.80	1,919.22
Fair Valuation gain on derivative contract	316.54	-103.76
Impairment on Financial Instruments (net)	19,380.05	10,272.50
Employee share based payment expenses	2,253.73	2,717.19
Finance Cost	70,375.67	54,431.29
National interest income & Net gain on sublease	-37.66	-106.05
Interest Income on bank balances other than cash & cash Equivalents	-3,465.25	-2,124.72
Gain on loss/dilution of control	-8,156.88	-1,196.89
Net gain/(loss) on derecognition of financial instruments	1,015.26	-1,005.96
Gain on sale of shares in associate company	-	-1,519.25
Unrealised change in fair value of financial instruments	-447.21	-838.34
Gain on sale of fixed assets	-135.97	-
Gain on termination of finance leases	-172.97	-
Liabilities no longer required written back	-793.73	-27.78
Operating Loss before Working Capital Changes	1,18,592.94	88,195.34
Movements in Working Capital:
(Increase)/Decrease in other financial assets	-43.86	298.75
(Increase) in loans	-1,52,881.64	-2,86,266.50
(Increase) in trade receivables	-256.38	-154.97
(Increase)/Decrease in other non-financial assets	371.97	-2,141.33
Increase in trade payables, other liabilities and provisions	6,273.30	14,003.87
Cash used in Operating Activities	-27,943.67	-1,86,064.83
Finance Cost paid	-69,501.75	-46,596.15
Income tax paid (net)	-10,527.60	-3,616.95
Net cash flows used in Operating Activities	-1,07,973.02	-2,36,277.93
Cash Flow from Investing Activities
Investment in bank balances other than cash and cash equivalents	-14,602.21	-26,004.40
Interest received on bank balances other than cash and cash equivalents	1,966.38	1,320.60
Purchase of property plant and equipment	-1,036.53	-1,741.76
Sale of property plant and equipment, Intangible assets	290.61	20.32
(Investment in)/Redemption of investments in alternative investment funds	1,487.59	6,528.77
Change in Investment in associate	-	2,325.03
Investments in Mutual funds	-1,463.01	-2,346.26
Investments other than Alternative investment funds and Mutual funds	14,398.28	59,717.49
Net Cash Used in Investing Activities	1,041.11	39,819.79
Cash Flow from Financing Activities
Proceeds from issue of share capital including securities premium	-	10,614.41
Proceeds from issue of debt securities	1,72,757.51	1,34,910.04
Repayment of debt securities	-1,49,211.09	-1,12,231.04
Proceeds from borrowings	4,16,889.50	4,36,109.40
Repayment of borrowings	-3,43,938.71	-2,57,923.87
Payments of lease liabilities	-1,048.62	-1,304.20
Net Cash Used in Financing Activities	95,448.59	2,10,174.74
Net (Decrease)/Increase in cash & Cash Equivalents	-11,483.32	13,716.59
Cash & Cash equivalents at the beginning of the Year	43,290.49	29,573.90
Cash & Cash equivalents at the end of the Period	31,807.17	43,290.49
Components of cash and cash equivalents:
Balances with banks:
In Current accounts	27,999.42	43,290.49
In Deposit accounts	3,807.75	-
Total Cash & Cash equivalents	31,807.17	43,290.49

Here is a summary of the Cash Flow Statement for the years 2025 and 2024:

Cash Flow from Operating Activities

For FY 2025, the company reported a profit before tax of ₹36,665.56 lakhs, an increase from ₹25,777.89 lakhs in FY 2024. Significant non-cash adjustments and operational adjustments included:

Depreciation and amortization: ₹1,795.80 lakhs, showing consistent capital asset usage.

Impairment on financial instruments increased to ₹19,380.05 lakhs (vs ₹10,272.50 lakhs), suggesting higher risk provisioning.

Finance cost rose sharply to ₹70,375.67 lakhs from ₹54,431.29 lakhs, indicating higher borrowing levels or costlier debt.

Employee share-based expenses and various valuation adjustments (derivatives, fair value changes, etc.) also influenced the operations.

After adjustments, the Operating Profit before working capital changes was ₹1,18,592.94 lakhs (up from ₹88,195.34 lakhs in FY 2024).

However, working capital movements were a major drain:

A massive increase in loans of ₹-1,52,881.64 lakhs, though an improvement over ₹-2,86,266.50 lakhs in FY 2024.

Modest changes in receivables and non-financial assets.

Positive impact from liabilities and provisions (+₹6,273.30 lakhs).

After deducting finance costs paid (₹-69,501.75 lakhs) and tax payments (₹-10,527.60 lakhs), the net cash used in operations was ₹-1,07,973.02 lakhs, a significant improvement from the previous year’s ₹-2,36,277.93 lakhs outflow.

Cash Flow from Investing Activities

This section reflects cash spent or received from investments and asset purchases.

Investments in bank balances consumed ₹-14,602.21 lakhs (vs ₹-26,004.40 lakhs in 2024).

Interest income on those balances was ₹1,966.38 lakhs.

Property and equipment purchases totaled ₹-1,036.53 lakhs, while proceeds from sales were ₹290.61 lakhs.

Investment activity saw mixed flows:

Redemption from alternative investment funds: ₹1,487.59 lakhs

Investments in mutual funds: ₹-1,463.01 lakhs

Investments in other assets: ₹14,398.28 lakhs (inflow)

Overall, net cash generated from investing activities was ₹1,041.11 lakhs, down from ₹39,819.79 lakhs in FY 2024.

Cash Flow from Financing Activities

Financing was the company’s largest source of liquidity:

Debt securities issued: ₹1,72,757.51 lakhs

Repayment of debt securities: ₹-1,49,211.09 lakhs

Proceeds from borrowings (non-debt securities): ₹4,16,889.50 lakhs

Repayment of borrowings: ₹-3,43,938.71 lakhs

Lease liabilities payments: ₹-1,048.62 lakhs

There were no equity issuances this year (unlike ₹10,614.41 lakhs raised in FY 2024). The result was a net cash inflow from financing of ₹95,448.59 lakhs, compared to a larger inflow of ₹2,10,174.74 lakhs in FY 2024.

Net Movement in Cash & Cash Equivalents

Net cash outflow: ₹-11,483.32 lakhs in FY 2025 (vs net inflow of ₹13,716.59 lakhs in FY 2024)

Vivriti Capital Annual Reports, Balance Sheet and Financials

Vivriti Capital Limited (Vivriti Capital) Return Comparision with Primex 40 Index

Vivriti Capital Limited Consolidated Balance Sheet (Rs in Lakhs)

Vivriti Capital Limited Consolidated Profit & Loss Statement (Rs in Lakhs)

Vivriti Capital Limited Consolidated Cash Flow Statement (Rs in Lakhs)

Vivriti Capital
Segment Revenue