| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Zenith Securities and Investment Limited |
(Rupees in Thousands, unless otherwise stated)
| Particulars | 31-03-2024 | 31-03-2023 |
|---|---|---|
| EQUITY AND LIABILITIES | ||
| Share capital | 2,000.00 | 2,000.00 |
| Reserves and Surplus | 4,91,708.99 | 3,72,336.96 |
| Trade payables | ||
| - Total outstanding dues of micro enterprises and small enterprises | 358.33 | 358.33 |
| Other current liabilities | 15,442.50 | 15,665.56 |
| Short-term provisions | 531.75 | 6,410.41 |
| Total Equity and Liabilities | 5,10,041.57 | 3,96,771.26 |
| ASSETS | ||
| Property, Plant and Equipment | 24.06 | 53.41 |
| Non-current investments | 99,666.24 | 1,87,642.22 |
| Deferred tax assets (net) | 8.00 | 4.04 |
| Long-term loans and advances | 2,370.87 | - |
| Other non-current assets | 100.00 | - |
| Current investments | 12,731.51 | - |
| Cash and Bank Balances | 3,88,856.11 | 1,66,102.61 |
| Short-term loans and advances | 854.75 | 903.26 |
| Other Current Assets | 5,430.03 | 2,065.72 |
| Total Assets | 5,10,041.57 | 3,96,771.26 |
(Rupees in Thousands, unless otherwise stated)
| Particulars | 31-03-2024 | 31-03-2023 |
|---|---|---|
| Income | ||
| Revenue from Operations | 1,28,237.25 | 7,86,023.64 |
| Other Income | 19,287.92 | 6,595.49 |
| Total Income (I + II) | 1,47,525.17 | 7,92,619.13 |
| Expenses | ||
| Employee Benefit Expenses | 1,300.00 | 1,340.00 |
| Finance costs | 609.08 | 27.38 |
| Depreciation and amortisation expense | 28.60 | 27.60 |
| Other Expenses | 9,438.02 | 6,697.18 |
| Total Expenses | 11,375.70 | 8,092.16 |
| Profit / (Loss) before tax (III - IV) | 1,36,149.47 | 7,84,526.97 |
| Tax Expense: | ||
| Current tax expense for current year | -17,500.00 | -33,000.00 |
| Current tax (expense) / credit relating to prior period | 718.60 | -4,060.39 |
| Deferred tax (Expense) / Income | 3.96 | 11.77 |
| Profit / (Loss) for the year (V - VI) | 1,19,372.03 | 7,47,478.35 |
| Earnings Per Equity Share (face value per share Rupees 100/-) | ||
| Basic | 5,968.60 | 37,373.92 |
| Diluted | 5,968.60 | 37,373.92 |
(Rupees in Thousands, unless otherwise stated)
| Particulars | 31-03-2024 | 31-03-2023 |
|---|---|---|
| A) CASH FLOW FROM OPERATING ACTIVITIES | ||
| Net Profit for the Year before Tax | 1,36,149.47 | 7,84,526.97 |
| Adjustment: | ||
| Add: Depreciation and Amortisation | 28.60 | 27.60 |
| Add: Provision in Diminution in the value of Securities | 2,905.41 | |
| Add: Sundry Balances written off | 10.66 | |
| Add: Finance Costs | 609.08 | 27.38 |
| Add: Loss on Sale / Scrap of Property, Plant and Equipment | ||
| Less: Reversal of the Provision in Diminution in the value of Securities | -2,905.41 | -5,198.31 |
| Less: Interest on Bank Fixed Deposits | -16,382.51 | -1,397.18 |
| Operating Profit Before Working Capital Changes | 1,17,509.84 | 7,80,902.54 |
| Decrease / (Increase) in Loans and Advances and Other Current Assets | 1,18,149.87 | -4,344.35 |
| Decrease / (Increase) in Other Non Current Assets | -100.00 | |
| Decrease / (Increase) in Current and Non current Investments | -3,315.80 | -1,884.21 |
| Decrease / (Increase) in Other Bank Balances | 213.36 | -14,725.76 |
| Increase / (Decrease) in trade and other payables and Current liabilities | 223.06 | 3,939.84 |
| Cash Generated from Operations | 2,32,234.21 | 7,63,888.07 |
| Less: Income Tax Paid | -25,030.92 | -29,630.00 |
| Net Cash Flow from Operating Activities | 2,07,203.29 | 7,34,258.07 |
| B) CASH FLOW FROM INVESTING ACTIVITIES | ||
| Purchase of Property, Plant and Equipment | -9.86 | -37.86 |
| Interest on Bank Fixed Deposits | 16,382.51 | 1,397.18 |
| (Increase) / Decrease in Bank Fixed Deposits | -2,22,725.77 | -1,50,000.00 |
| Net Cash Flow from Investing Activity | -2,06,353.13 | -1,48,640.68 |
| C) CASH FLOW FROM FINANCING ACTIVITIES | ||
| Finance Costs | -609.08 | -27.38 |
| Dividend Paid | -6,00,000.00 | |
| Net Cash Flow from Financing Activity | -609.08 | -6,00,027 |
| Net Increase in Cash and Cash Equivalents | 241.09 | -14,410.00 |
| Opening Cash and Cash Equivalents | 501.44 | 14,911.44 |
| Closing Cash and Cash Equivalents | 742.53 | 501.44 |
| Components of Cash and Cash Equivalents: | ||
| Cash in Hand | 4.35 | 0.63 |
| Balances in Bank | ||
| - Current Account | 738.18 | 500.81 |
| Total | 742.53 | 501.44 |
| Other Bank Balances | ||
| Bank Fixed Deposits | 3,72,725.77 | 1,50,000.00 |
| Unclaimed Dividend Accounts | 15,387.81 | 15,601.17 |
| Total | 3,88,856.11 | 1,66,102.61 |
The cash flow from operating activities starts with the net profit for the year before tax, which is ₹1,36,149.47 thousand for the year ended 31-03-2024, significantly lower than the ₹7,84,526.97 thousand recorded for the previous year. Adjustments are then made to account for non-cash items and other changes. Depreciation and amortisation, a non-cash charge, amounts to ₹28.60 thousand in 2024, slightly higher than ₹27.60 thousand in 2023. There was no provision for the diminution in the value of securities in 2024, whereas in 2023, ₹2,905.41 thousand was added as a provision. Sundry balances written off amounted to ₹10.66 thousand in 2023. Finance costs for the year were ₹609.08 thousand in 2024, reflecting a significant increase compared to ₹27.38 thousand in 2023. Additionally, there was a reversal of provision in the diminution of securities worth ₹2,905.41 thousand in 2024, whereas ₹5,198.31 thousand was reversed in 2023. Interest on bank fixed deposits, a non-operating cash inflow, is deducted from operating cash flow, amounting to ₹16,382.51 thousand in 2024 and ₹1,397.18 thousand in 2023.
After adjustments, the operating profit before working capital changes stood at ₹1,17,509.84 thousand for 2024, compared to ₹7,80,902.54 thousand in 2023. The changes in working capital show a net increase in loans, advances, and other current assets by ₹1,18,149.87 thousand in 2024, a reversal from a decrease of ₹4,344.35 thousand in 2023. Other non-current assets decreased by ₹100.00 thousand, while current and non-current investments saw a decrease of ₹3,315.80 thousand, compared to ₹1,884.21 thousand in 2023. The other bank balances showed a modest increase of ₹213.36 thousand in 2024, while trade and other payables and current liabilities saw a slight increase of ₹223.06 thousand. This led to a total cash generated from operations of ₹2,32,234.21 thousand in 2024, a decrease from ₹7,63,888.07 thousand in 2023. After accounting for income tax paid of ₹25,030.92 thousand in 2024, the net cash flow from operating activities for 2024 was ₹2,07,203.29 thousand, down from ₹7,34,258.07 thousand in 2023.
The investing activities section shows cash inflows and outflows from the purchase of assets and investments. The company made a small purchase of property, plant, and equipment in 2024 amounting to ₹9.86 thousand, compared to ₹37.86 thousand in 2023. Interest on bank fixed deposits was ₹16,382.51 thousand in 2024, significantly higher than the ₹1,397.18 thousand received in 2023. A notable outflow of ₹2,22,725.77 thousand occurred due to a decrease in bank fixed deposits, reflecting the company 's strategic investment decisions. This compares to a decrease of ₹1,50,000.00 thousand in 2023. As a result, the net cash flow from investing activities was a negative ₹2,06,353.13 thousand in 2024, showing an increased outflow compared to ₹1,48,640.68 thousand in 2023.
Financing activities involve the company 's borrowing, interest payments, and dividend distributions. The finance costs for the year stood at ₹609.08 thousand in 2024, up from ₹27.38 thousand in 2023. A significant dividend payout of ₹6,00,000.00 thousand was made in 2023, but there was no dividend payment in 2024. Consequently, the net cash flow from financing activities was a negative ₹609.08 thousand in 2024, a smaller outflow compared to ₹6,00,027 thousand in 2023.
The net increase in cash and cash equivalents for 2024 was ₹241.09 thousand, a positive figure compared to a decrease of ₹14,410.00 thousand in 2023. This reflects the net effect of cash flows from operating, investing, and financing activities.
The opening balance of cash and cash equivalents for 2024 was ₹501.44 thousand, while the closing balance at the end of the year was ₹742.53 thousand, reflecting an increase in available cash.
The components of cash and cash equivalents at the end of 2024 include cash in hand amounting to ₹4.35 thousand, balances in the current account of ₹738.18 thousand, and other bank balances such as bank fixed deposits of ₹3,72,725.77 thousand and unclaimed dividend accounts of ₹15,387.81 thousand. These combined components total ₹3,88,856.11 thousand in 2024, significantly higher than ₹1,66,102.61 thousand in 2023.
