National Stock Exchange of India Limited (NSE)
National Stock Exchange of India Limited
The National Stock Exchange of India Ltd. (NSE) is the leading stock exchange in India and the second largest in the world by nos. of trades in equity shares from January to June 2018, according to the World Federation of Exchanges (WFE) report.
- NSE launched electronic screen-based trading in 1994, derivatives trading (in the form of index futures), and internet trading in 2000, which were each the first of its kind in India.
- NSE has a fully-integrated business model comprising our exchange listings, trading services, clearing and settlement services, indices, market data feeds, technology solutions, and financial education offerings. NSE also oversees compliance by trading and clearing members and listed companies with the rules and regulations of the exchange.
- NSE is a pioneer in technology and ensures the reliability and performance of its systems through a culture of innovation and investment in technology. NSE believes that the scale and breadth of its products and services sustained leadership positions across multiple asset classes in India and globally enable it to be highly reactive to market demands and changes and deliver innovation in both trading and non-trading businesses to provide high-quality data and services to market participants and clients.
- NSE was incorporated in 1992. It was recognized as a stock exchange by SEBI in April 1993 and commenced operations in 1994 with the launch of the wholesale debt market, followed shortly after by the launch of the cash market segment.
History
1995: Setup wholly-owned subsidiary, NSE Clearing, which became the first clearing corporation to be established in India (according to the Oliver Wyman Report). NSE Clearing commenced clearing and settlement operations in the following year.
1998: Established NSE Indices, their subsidiary, as a joint venture with CRISIL Limited to operate an indices business. NSE Indices became a wholly-owned subsidiary in 2013 following the acquisition of CRISIL’s 49% stake.
1999: Established NSEIT, a wholly-owned subsidiary and a global technology firm that provides end-to-end technology solutions, including application services, infrastructure services, analytics as a service, and IT-enabled services. In 2015 and 2016, respectively, NSEIT launched its Testing Center of Excellence and Integrated Security Response Center
2000: Incorporated DotEx, a wholly-owned subsidiary, and consolidated the data and info-vending business under DotEx.
2006: Incorporated NSE Infotech Ltd., a wholly-owned subsidiary for IT research and development.
2016: Consolidated the education business under NSE Academy, a wholly-owned subsidiary. Incorporated two new subsidiaries, NSE IFSC Limited and NSE IFSC Clearing Corporation Limited, in furtherance of NSE’s long-term business strategy to establish an international exchange in GIFT City.
Subsidiaries of NSE:
Name of Entity | Place of Incorporation | Ownership % |
NSE Clearing Limited (formerly known as National Securities Clearing Corporation Limited) | India | 100 |
NSE Investments Ltd (formerly known as NSE Strategic Investment Corporation Limited) | India | 100 |
NSEIT Limited | India | 100 |
NSEIT (US) Inc. | United States of America | 100 |
NSE Indices Ltd (formerly known as India Index Services & Products Limited) | India | 100 |
NSE Data & Analytics Limited (formerly known as DotEx International Limited) | India | 100 |
NSE Infotech Services Limited | India | 100 |
NSE IFSC Limited | India | 100 |
NSE IFSC Clearing Corporation Limited | India | 100 |
NSE Academy Limited | India | 100 |
NSE Foundation (Section 8 Company) | India | 100 |
Aujas Networks Private Limited | India | 95.39 |
NSE India Limited Unlisted Shares Details:
Total Available Shares: | Available |
Face Value: | ₹ 1 Per Equity Share |
ISIN: | INE721I01024 |
Lot Size: | 100 Shares |
Current Unlisted Share Price: | ₹ Best in Industry Per Equity Share |
Shareholding Pattern:
Name | No. of Shares | % of Total Shares |
Life Insurance Corporation of India | 6,19,13,500 | 12.51 |
State Bank of India | 2,18,59,160 | 4.42 |
GAGIL FDI Limited | 1,87,52,382 | 3.78 |
Aranda Investments (Mauritius) PTE. Ltd. | 2,47,50,000 | 5 |
Veracity Investments Limited, Mauritius | 2,47,50,000 | 5 |
Stock Holding Corporation of India Limited | 2,20,00,000 | 4.44 |
SBI Capital Markets Ltd. | 2,14,50,000 | 4.33 |
SAIF II SE Investments Mauritius Limited | 1,75,90,000 | 3.55 |
GS Strategic Investments Limited, Mauritius | 1,48,50,000 | 3 |
MS Strategic (Mauritius) Limited | 1,48,50,000 | 3 |
PI Opportunity Fund | 1,48,50,000 | 3 |
Tiger Global Five Holdings | 1,48,50,000 | 3 |
Acacia Banyan Partners | 1,23,75,000 | 2.5 |
IFCI Limited | 1,20,66,871 | 2.44 |
Financials of NSE India Limited Unlisted Shares:
(Fig. in Crores) Financials of National Stock Exchange (NSE)
Year | Revenue | EBITDA | OPM | PAT | NPM | Shares | F.V. | EPS |
2015 | 2,275 | 1,710 | 75% | 1,026 | 45% | 4.50 | 10 | 228 |
2016 | 2,353 | 1,731 | 74% | 654 | 28% | 4.50 | 10 | 145 |
2017 | 2,680 | 1,915 | 71% | 1,218 | 45% | 49.50 | 1 | 24 |
2018 | 3,032 | 2,200 | 73% | 1,461 | 48% | 49.50 | 1 | 29 |
2019 | 3,514 | 2,441 | 69% | 1,708 | 49% | 49.50 | 1 | 34 |
2020 | 3,896 | 2,655 | 68% | 1885 | 48% | 49.50 | 1 | 38 |
2021 | 6,202 | 4718 | 76% | 3573 | 58% | 49.50 | 1 | 72 |
- National Stock Exchange of India Ltd. (NSE) Annual Report 2021
- National Stock Exchange of India Ltd. (NSE) Annual Report 2020
- National Stock Exchange of India Ltd. (NSE) Annual Report 2019
- National Stock Exchange of India Ltd. (NSE) Annual Report 2018
- National Stock Exchange of India Ltd. (NSE) Annual Report 2017
- National Stock Exchange of India Ltd. (NSE) Annual Report 2016
- National Stock Exchange of India Ltd. (NSE) Annual Report 2015
Comparison With Peers:
Exchange | Average Daily transaction (2019-20) | Revenue | EPS | Shares | Price | M.cap | P/E |
BSE LTD. | 2380 cr | 600 cr | 25 | 5.18 cr | 453 | 2,040.00 | 22.36 |
NSE LTD. | 36432 cr | 3800 cr | 38 | 49.5 cr | 1100 | 54,450 | 28.95 |
NSE Unlisted Share Price, Pre-Ipo Stock – Company Overview
The National Stock Exchange (NSE) is the leading stock exchange in India and the fourth largest in the world by equity trading volume in 2015, according to the World Federation of Exchanges (WFE). India’s first demutualized electronic exchange is the National Stock Exchange of India Limited, which was founded in 1992. NSE was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system that offered easy trading facilities to investors spread across the country. NSE offers to trade in equity, equity derivatives, debt, currency derivatives, and commodity derivatives segments. It was recognized as a stock exchange by SEBI in April 1993 and commenced operations in 1994 with the launch of the wholesale debt market, followed shortly by the launch of the cash market segment.
NSE Share Price, Unlisted Share Details as of March 31, 2023
NSE Outstanding Shares: | 49,50,00,000 |
Face Value of NSE Unlisted Share: | Rs. 1 Per Equity Share |
ISIN of NSE Unlisted Share: | INE721I01024 |
Lot Size of NSE Unlisted Share: | 100 Shares |
NSE Share Price: | Best in Industry |
PAN Number of NSE: | AAACN1797L |
NSE Incorporation Details
National Stock Exchange of India Limited CIN Number | U67120MH1992PLC069769 |
National Stock Exchange of India Limited Registration Date | 27 November 1992 |
Category / Sub-Category of National Stock Exchange of India Limited | Limited by Shares/ Non-govt company |
National Stock Exchange of India Limited Registered Office Address | National Stock Exchange of India Limited, “Exchange Plaza” Plot No. C-1, Block ‘G’, Bandra-Kurla Complex Bandra (East), Mumbai – 400051 |
National Stock Exchange of India Limited Registrar & Transfer Agent Address & Contact Details | Link lntime lndia Private Limited C-1O1, 247 Park, LBS Marg, Vikhroli (West), Mumbai – 400083 |
NSE Board of Directors
Mr. Girish Chandra Chaturvedi, Chairman, and Public Interest Director
Mr. Vikram Limaye, Managing Director and CEO
Ms. Anuradha Rao, Public Interest Director
Mr. K. Narasimha Murthy, Public Interest Director
Prof. S Sudarshan, Public Interest Director
Ms. Mona Bhide, Public Interest Director
Ms. Sunita Sharma, Shareholder Director
Mr. Veneet Nayar, Shareholder Director
NSE Principal Business Activities
Name and Description of main products/services | NIC Code of the product/service* | % to the total turnover of the Company |
Stock Exchange | 6611 | 100% |
National Stock Exchange of India Limited Shareholding Pattern (As of 31-03-2023)
S. No. | Shareholder’s Name | No. of Shares | % of total Shares of the company |
1 | Promoter | – | – |
2 | Public Shareholding | 49,50,00,000 | 100% |
Total | 49,50,00,000 | 100% |
Stock Exchange Industry Outlook
The National Stock Exchange of India Ltd (NSE) is positioned favorably in the industry outlook. With its strong market presence, the NSE continues to play a vital role in India’s financial landscape. The exchange is poised for growth due to factors such as increasing investor participation, technological advancements, and the overall development of the Indian economy. NSE’s diverse range of products and services, including equities, derivatives, mutual funds, and debt instruments, cater to a wide range of investor needs. Furthermore, the focus on digitization and government initiatives promoting financial inclusion is expected to drive retail investor participation. The exchange is also likely to benefit from increasing institutional participation and foreign investments in the Indian markets.
National Stock Exchange of India Limited Balance Sheet (Rs in Crores)
Particulars | 31-03-2024 | 31-03-2023 |
ASSETS |
|
|
Non-current assets |
|
|
Property, plant and equipment | 1,004.28 | 936.35 |
Right of use assets | 168.46 | 185.39 |
Capital work-in-progress | 31.89 | 53.42 |
Goodwill | 206.86 | 206.86 |
Other intangible assets | 62.47 | 70.93 |
Intangible assets under development | 50.17 | 45.07 |
Investment in associates accounted for using the equity method | 685.85 | 649.44 |
Investments | 14,128.07 | 9,148.79 |
Non-current bank balances | 3,821.63 | 952.9 |
Others | 154.85 | 27.38 |
Income tax assets (net) | 1,046.31 | 538.38 |
Deferred tax assets (net) | 5.28 | 11.32 |
Other non-current assets | 702.69 | 773.13 |
Current assets |
|
|
Investments | 10,470.99 | 8,156.51 |
Trade receivables | 1,864.66 | 1,589.21 |
Cash and cash equivalents | 23,303.12 | 5,897.51 |
Bank balances other than cash and cash equivalents | 5,807.92 | 5,685.67 |
Other financial assets | 459.8 | 141.51 |
Other current assets | 636.2 | 708.36 |
Assets classified as held for sale | 852.5 | 786.21 |
TOTAL ASSETS | 65,464.00 | 36,564.34 |
EQUITY AND LIABILITIES |
|
|
Equity share capital | 49.5 | 49.5 |
Other equity | 23,924.91 | 20,428.98 |
Equity attributable to owners of National Stock Exchange of India Limited | 23,974.41 | 20,478.48 |
Non controlling interest | -0.53 | 1.91 |
CORE SETTLEMENT GUARANTEE FUND |
|
|
Core settlement guarantee fund paid | 8,857.24 | 4,809.13 |
Core settlement guarantee fund payable | 52.98 | 224.48 |
Settlement guarantee fund paid – commodity derivatives | – | 250 |
Investor Protection Fund | 0.23 | 0.19 |
Non-current liabilities |
|
|
Lease liabilities | 95.63 | 112.88 |
Other financial liabilities | 17.36 | 16.35 |
Provisions | 45.99 | 52.14 |
Deferred tax liabilities (net) | 305.51 | 158.35 |
Contract liabilities | 82.46 | 69.34 |
Other non-current liabilities | 5.41 | 5.41 |
Current liabilities |
|
|
Lease liabilities | 29 | 23.44 |
Deposits | 3,264.87 | 2,881.11 |
Trade payables |
|
|
Total outstanding dues of micro enterprises and small enterprises | 5.83 | 1.88 |
Total outstanding dues of creditors other than micro enterprises and small enterprises | 326.92 | 260.28 |
Other financial liabilities | 22,344.87 | 4,602.90 |
Provisions | 105.23 | 86.26 |
Contract liabilities | 6.17 | 3.86 |
Income tax liabilities (net) | 102.9 | 508.01 |
Other current liabilities | 5,472.20 | 1,596.41 |
Liabilities directly associated with assets classified as held for sale | 369.32 | 421.54 |
TOTAL EQUITY AND LIABILITIES | 65,464.00 | 36,564.34 |
National Stock Exchange of India Limited Profit & Loss Statement (Rs in Crores)
Particulars | 31-03-2024 | 31-03-2023 |
Revenue from operations | 14,780.01 | 11,856.23 |
Other Income | 1,653.60 | 909.13 |
Total Income | 16,433.61 | 12,765.36 |
Employee benefits expense | 460.39 | 366.05 |
Regulatory Fees | 980.57 | 477.94 |
Depreciation and amortisation expense | 439.55 | 384.06 |
Other expenses | 1,728.39 | 1,380.78 |
Total expenses (excluding contribution to Core settlement guarantee fund (Core SGF) | 3,608.90 | 2,608.83 |
Profit before contribution to Core settlement guarantee fund (Core SGF), Share of net profits of associates accounted for using equity method and Tax from Continuing Operations | 12,824.71 | 10,156.53 |
Share of net profits of associates accounted for using equity method | 100.54 | 88.5 |
Profit before Contribution to Core SGF and Tax | 12,925.25 | 10,245.03 |
Contribution to Core SGF | -1,740.97 | -203.45 |
Profit before tax for the period / year from continuing operations | 11,184.28 | 10,041.58 |
Current tax expense | 2,626.16 | 2,521.01 |
Deferred tax expense / (benefit) | 151.64 | 18.69 |
Profit for the period / year from continuing operations | 8,406.48 | 7,501.88 |
(Loss) from discontinued operations before tax | -79.58 | -127.97 |
Tax expense of discontinued operations | -21.16 | -17.92 |
(Loss) from discontinued operations | -100.74 | -145.89 |
Profit for the period / year | 8,305.74 | 7,355.99 |
Other Comprehensive Income | ||
Items that will be reclassified to profit or loss (net of tax) | ||
Changes in fair value of FVOCI debt instruments | 15.58 | -21.6 |
Changes in foreign currency translation reserve | 2.44 | 7.28 |
Changes in foreign currency translation reserve pertaining to discontinued operations | 0.09 | 0.26 |
Items that will not be reclassified to profit or loss (net of tax) | ||
Remeasurements of post-employment benefit obligations | -2.49 | 0.88 |
Remeasurements of post-employment benefit obligations pertaining to discontinued operations | -2.81 | -2.4 |
Changes in fair value of FVOCI equity instruments | -4.18 | -4.52 |
Share of other comprehensive income of associates accounted for using the equity method | -3 | 2.05 |
Total other comprehensive income / (loss) for the period / year, net of taxes | 5.63 | -18.05 |
Total comprehensive income for the period / year | 8,311.37 | 7,337.94 |
Profit attributable to : | ||
Owners of National Stock Exchange of India Limited | 8,305.66 | 7,354.81 |
Non-Controlling Interests | 0.08 | 1.18 |
Other comprehensive income attributable to : | ||
Owners of National Stock Exchange of India Limited | 5.66 | -18.04 |
Non-Controlling Interests | -0.03 | -0.01 |
Total comprehensive income attributable to : | ||
Owners of National Stock Exchange of India Limited | 8,311.32 | 7,336.77 |
Non-Controlling Interests | 0.05 | 1.17 |
Earnings per equity share | ||
Basic and Diluted (Rs.) | 167.79 | 148.58 |
National Stock Exchange of India Limited Consolidated Cash Flow Statement (Rs in Crores)
Particulars | 31-03-2024 | 31-03-2023 |
CASH FLOWS FROM OPERATING ACTIVITIES | ||
PROFIT BEFORE TAX FROM | ||
Continuing Operations | 11,184.28 | 10,041.58 |
Discontinued Operations | -79.58 | -127.97 |
PROFIT BEFORE TAX INCLUDING DISCONTINUED OPERATIONS | 11,104.70 | 9,913.61 |
Adjustments for | ||
Depreciation and amortization expense | 471.64 | 415.92 |
Interest income from financial assets at amortized cost | -561.11 | -301.26 |
Income from investments | -814.88 | -328.54 |
Interest income from investments designated at FVOCI | -233.14 | -114.86 |
Rental income | -1.48 | -1.32 |
Dividend income from equity investments designated at FVOCI | -3.72 | -0.39 |
Net gain on financial assets mandatorily measured at FVPL | -630.35 | -359.94 |
Net gain on sale of financial assets mandatorily measured at FVPL | -134.63 | -105.11 |
Profit on sale of investment in associates | -81.43 | – |
Net (gain) / loss on disposal of property, plant and equipment | 3.55 | 0.65 |
Doubtful debts written off | 8.25 | 14.59 |
Impairment in value of investment | 39.99 | |
Provision for doubtful debts | 0.4 | 0.06 |
Reversal/ (Provision) for Impairment / write off of Intangible assets under development | – | 60.81 |
Share of net profit of associates accounted by using equity method | -100.54 | -88.5 |
Provision for contribution to Core settlement guarantee fund | 52.98 | 224.48 |
Interest on lease liabilities | 11.74 | 8.61 |
Change In operating assets and liabilities | ||
(Increase)/ Decrease in trade receivables | -297.82 | -216.19 |
Increase/ (Decrease) in trade payables | 70.52 | 54.18 |
(Increase)/ Decrease in other financial assets | -19.36 | -0.86 |
(Increase)/ Decrease in other assets | 120.2 | -150.8 |
Increase/ (Decrease) in other financial liabilities | 17,298.56 | -4,631.68 |
Increase/ (Decrease) in provisions | 31.15 | 0.29 |
Increase/ (Decrease) in other liabilities | 3,885.46 | -1,395.12 |
(Refund)/ Proceeds of deposits | 383.76 | 557.48 |
Change in core settlement guarantee fund | 3,082.98 | 536.2 |
CASH GENERATED FROM OPERATIONS | 33,687.42 | 4,092.32 |
Income taxes paid | -3,943.12 | -2,357.83 |
NET CASH INFLOW FROM OPERATING ACTIVITIES | 29,744.30 | 1,734.49 |
CASH FLOWS FROM INVESTING ACTIVITIES | ||
Payment for property, plant and equipment and intangibles assets | -470.3 | -406.42 |
Proceeds from property, plant and equipment and intangibles assets | 1.06 | 2.75 |
Proceeds from rental income | 1.48 | 1.32 |
(Payment) / proceeds from investments (Net) | -6,153.20 | -4,031.12 |
Profit on sale of investment in associates | 127.74 | – |
(Payment) / proceeds from investments in deposits with financial institutions (Net) | – | 115.38 |
Payment for investment in associates | -40 | -10 |
(Payment) / proceeds from fixed deposits / Bank balances other than cash & cash equivalents (Net) | -3,001.95 | 350.99 |
Interest received | 1,180.32 | 744.84 |
Dividend received (including dividend from associate companies) | 18.54 | 15.21 |
NET CASH OUTFLOW FROM INVESTING ACTIVITIES | -8,336.31 | -3,217.04 |
CASH FLOWS FROM FINANCING ACTIVITIES | ||
Dividend paid | -3,959.00 | -2,079.00 |
Acquisition of non-controlling interest in subsidiary | – | -2.54 |
Payment of lease liabilities | -22.95 | -9.83 |
Interest on lease liabilities | -11.74 | -8.61 |
NET CASH OUTFLOW FROM FINANCING ACTIVITIES | -3,993.69 | -2,099.98 |
NET (DECREASE) / INCREASE IN CASH AND CASH EQUIVALENTS | 17,414.30 | -3,582.53 |
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR | 5,974.65 | 9,557.18 |
CASH AND CASH EQUIVALENTS AT END OF THE YEAR | 23,388.95 | 5,974.65 |
Here is a summary of the Cash Flow Statement for the years 2024 and 2023:
Cash Flows from Operating Activities
Profit Before Tax from Continuing and Discontinued Operations:
2024: ₹11,104.70 thousand (Continuing: ₹11,184.28 thousand, Discontinued: ₹-79.58 thousand)
2023: ₹9,913.61 thousand (Continuing: ₹10,041.58 thousand, Discontinued: ₹-127.97 thousand)
The overall profit before tax increased, indicating improved financial performance.
Adjustments for:
Depreciation and Amortization Expense:
2024: ₹471.64 thousand
2023: ₹415.92 thousand
Increase in depreciation, reflecting higher capital assets or changes in depreciation rates.
Interest Income from Financial Assets at Amortized Cost:
2024: ₹-561.11 thousand
2023: ₹-301.26 thousand
Increase in interest income, positively impacting cash flow.
Income from Investments:
2024: ₹-814.88 thousand
2023: ₹-328.54 thousand
Increase in investment income, indicating better returns on investments.
Interest Income from Investments Designated at FVOCI (Fair Value Through Other Comprehensive Income):
2024: ₹-233.14 thousand
2023: ₹-114.86 thousand
Higher interest income from FVOCI investments.
Rental Income:
2024: ₹-1.48 thousand
2023: ₹-1.32 thousand
Slight increase in rental income.
Dividend Income from Equity Investments Designated at FVOCI:
2024: ₹-3.72 thousand
2023: ₹-0.39 thousand
Increase in dividend income.
Net Gain on Financial Assets Mandatorily Measured at FVPL (Fair Value Through Profit or Loss):
2024: ₹-630.35 thousand
2023: ₹-359.94 thousand
Increase in gains from FVPL financial assets.
Net Gain on Sale of Financial Assets Mandatorily Measured at FVPL:
2024: ₹-134.63 thousand
2023: ₹-105.11 thousand
Higher gains from the sale of FVPL financial assets.
Profit on Sale of Investment in Associates:
2024: ₹-81.43 thousand
No such profit in 2023.
Net (Gain)/Loss on Disposal of Property, Plant, and Equipment:
2024: ₹3.55 thousand
2023: ₹0.65 thousand
Higher gain from disposal of assets.
Doubtful Debts Written Off:
2024: ₹8.25 thousand
2023: ₹14.59 thousand
Decrease in doubtful debts written off.
Impairment in Value of Investment:
2024: ₹39.99 thousand
No such impairment in 2023.
Provision for Doubtful Debts:
2024: ₹0.40 thousand
2023: ₹0.06 thousand
Slight increase in provision for doubtful debts.
Reversal/(Provision) for Impairment/Write-off of Intangible Assets Under Development:
No such provision in 2024.
2023: ₹60.81 thousand
Reversal of impairment in 2023.
Share of Net Profit of Associates Accounted by Using Equity Method:
2024: ₹-100.54 thousand
2023: ₹-88.50 thousand
Increase in share of profit from associates.
Provision for Contribution to Core Settlement Guarantee Fund:
2024: ₹52.98 thousand
2023: ₹224.48 thousand
Significant decrease in provision for core settlement guarantee fund.
Interest on Lease Liabilities:
2024: ₹11.74 thousand
2023: ₹8.61 thousand
Increase in interest on lease liabilities.
Change in Operating Assets and Liabilities:
(Increase)/Decrease in Trade Receivables:
2024: ₹-297.82 thousand
2023: ₹-216.19 thousand
Increase in trade receivables, indicating higher sales on credit.
Increase/(Decrease) in Trade Payables:
2024: ₹70.52 thousand
2023: ₹54.18 thousand
Increase in trade payables, reflecting higher purchase obligations.
(Increase)/Decrease in Other Financial Assets:
2024: ₹-19.36 thousand
2023: ₹-0.86 thousand
Increase in other financial assets.
(Increase)/Decrease in Other Assets:
2024: ₹120.20 thousand
2023: ₹-150.80 thousand
Decrease in other assets.
Increase/(Decrease) in Other Financial Liabilities:
2024: ₹17,298.56 thousand
2023: ₹-4,631.68 thousand
Significant increase in other financial liabilities.
Increase/(Decrease) in Provisions:
2024: ₹31.15 thousand
2023: ₹0.29 thousand
Increase in provisions.
Increase/(Decrease) in Other Liabilities:
2024: ₹3,885.46 thousand
2023: ₹-1,395.12 thousand
Increase in other liabilities.
(Refund)/Proceeds of Deposits:
2024: ₹383.76 thousand
2023: ₹557.48 thousand
Decrease in deposit proceeds.
Change in Core Settlement Guarantee Fund:
2024: ₹3,082.98 thousand
2023: ₹536.20 thousand
Increase in the core settlement guarantee fund.
Cash Generated from Operations:
2024: ₹33,687.42 thousand
2023: ₹4,092.32 thousand
Significant increase in cash generated from operations.
Income Taxes Paid:
2024: ₹-3,943.12 thousand
2023: ₹-2,357.83 thousand
Increase in income taxes paid.
Net Cash Inflow from Operating Activities:
2024: ₹29,744.30 thousand
2023: ₹1,734.49 thousand
Substantial increase in net cash inflow from operating activities.
Cash Flows from Investing Activities
Payment for Property, Plant, and Equipment and Intangible Assets:
2024: ₹-470.30 thousand
2023: ₹-406.42 thousand
Increase in capital expenditures.
Proceeds from Property, Plant, and Equipment and Intangible Assets:
2024: ₹1.06 thousand
2023: ₹2.75 thousand
Decrease in proceeds from asset sales.
Proceeds from Rental Income:
2024: ₹1.48 thousand
2023: ₹1.32 thousand
Slight increase in rental income.
(Payment)/Proceeds from Investments (Net):
2024: ₹-6,153.20 thousand
2023: ₹-4,031.12 thousand
Increase in payments for investments.
Profit on Sale of Investment in Associates:
2024: ₹127.74 thousand
No such profit in 2023.
(Payment)/Proceeds from Investments in Deposits with Financial Institutions (Net):
No such transactions in 2024.
2023: ₹115.38 thousand
Payment for Investment in Associates:
2024: ₹-40.00 thousand
2023: ₹-10.00 thousand
Increase in investment in associates.
(Payment)/Proceeds from Fixed Deposits/Bank Balances Other than Cash & Cash Equivalents (Net):
2024: ₹-3,001.95 thousand
2023: ₹350.99 thousand
Significant decrease in bank balances other than cash.
Interest Received:
2024: ₹1,180.32 thousand
2023: ₹744.84 thousand
Increase in interest received.
Dividend Received (Including Dividend from Associate Companies):
2024: ₹18.54 thousand
2023: ₹15.21 thousand
Increase in dividends received.
Net Cash Outflow from Investing Activities:
2024: ₹-8,336.31 thousand
2023: ₹-3,217.04 thousand
Significant increase in net cash outflow from investing activities.
Cash Flows from Financing Activities
Dividend Paid:
2024: ₹-3,959.00 thousand
2023: ₹-2,079.00 thousand
Increase in dividend payments.
Acquisition of Non-Controlling Interest in Subsidiary:
No such transactions in 2024.
2023: ₹-2.54 thousand
Payment of Lease Liabilities:
2024: ₹-22.95 thousand
2023: ₹-9.83 thousand
Increase in payment of lease liabilities.
Interest on Lease Liabilities:
2024: ₹-11.74 thousand
2023: ₹-8.61 thousand
Increase in interest on lease liabilities.
Net Cash Outflow from Financing Activities:
2024: ₹-3,993.69 thousand
2023: ₹-2,099.98 thousand
Significant increase in net cash outflow from financing activities.
Net (Decrease)/Increase in Cash and Cash Equivalents
Net (Decrease)/Increase:
2024: ₹17,414.30 thousand
2023: ₹-3,582.53 thousand
Significant increase in cash and cash equivalents in 2024 compared to a decrease in 2023.
Cash and Cash Equivalents – Opening Balance:
2024: ₹5,974.65 thousand
2023: ₹9,557.18 thousand
Reflects the prior year ‘s closing balance.
Cash and Cash Equivalents – Closing Balance:
2024: ₹23,388.95 thousand
2023: ₹5,974.65 thousand
Significant increase in closing cash balance, indicating a stronger cash position at the end of 2024.
Dividend History
Particulars | 2024 | 2023 |
Dividend Per Share (in Rs.) | 90.00 | 42.00 |
Annual Report