Elcid Investment Limited has announced its annual report for the financial year ended March 31, 2022.
As per the report, in FY22, the total revenue of the company increased 25%, to Rs. 134 crore as against Rs. 107 crore in the previous financial year.
In FY22, the total expenses of the company have also increased 206%, to Rs. 4 crore compared to Rs. 1 crore in the previous financial year. The PBT of the company has reported an increase of 23%, to Rs. 131 crore compared to Rs 106 crore in FY21. The net profit of the company has increased 23%, to Rs. 100 crore as against Rs. 81 crore in the previous financial year.
The EPS, basic and diluted, of the company also increased to Rs. 5,001.94, up by 23% as against Rs. 4,052.46 in the previous financial year. The directors of the company recommended the final dividend of Rs. 15 pet equity shares for the financial year ended March 31, 2022.
During the fiscal year that concluded on March 31, 2022, the ELCID had investments of Rs. 9164 Cr. According to their share capital, they have 2,000,00 outstanding shares. Therefore, if you divide this investment by the number of shares, the per-share value of ELCID unlisted share is Rs.4,80,000, and ELCID's delisting offer price was Rs. 1,62,000 and the same was rejected by investors as it was very low.
The net cash flow from operating activities of the company was Rs. 61 crore as against Rs. 14 crore in the previous financial year and the net cash flow from investing activities was Rs. -68 crore compared to Rs. -11 crore in the previous financial year while the net cash flow from financial activities stood at Rs. -29 lakhs for FY22 which is the same as against the previous financial year. The net cash and cash equivalents for the financial year ended March 31, 2022 stood at Rs. 1 crore as against Rs. 8 crore in the previous financial year. In FY22, The total investment value of the company increased to Rs. 13159 crore as against Rs.10830 crore in the previous financial year.
Elcid Investments Limited is a non-banking financial Company (NBFC) registered with the Reserve Bank of India (RBI) under the category of investment Company. The Company's activities primarily consist of investing in listed and unlisted equity shares, debt instruments of companies and in mutual funds.