Balance Sheet

ASIT C MEHTA FINANCIAL SERVICES LTD.

NSE : NABSE : 530723ISIN CODE : INE041B01014Industry : IT - SoftwareHouse : Private
BSE171.608.15 (+4.99 %)
PREV CLOSE ( ) 163.45
OPEN PRICE ( ) 164.00
BID PRICE (QTY) 0.00 (0)
OFFER PRICE (QTY) 0.00 (0)
VOLUME 14243
TODAY'S LOW / HIGH ( )161.60 171.60
52 WK LOW / HIGH ( ) 93.65202.68
NSE
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( in Million)
ParticularsMar2023Mar2022Mar2021Mar2020Mar2019
EQUITY AND LIABILITIES
Share Capital49.5348.4748.3448.3448.34
    Equity - Authorised150.00150.00100.00100.00100.00
    Equity - Issued49.5348.4748.3448.3448.34
    Equity Paid Up49.5348.4748.3448.3448.34
    Equity Shares Forfeited0.000.000.000.000.00
    Adjustments to Equity0.000.000.000.000.00
    Preference Capital Paid Up0.000.000.000.000.00
    Face Value10.0010.0010.0010.0010.00
Share Warrants & Outstandings0.000.000.000.000.00
Total Reserves-83.8610.12199.05200.72283.92
    Securities Premium43.7043.7041.6941.6941.69
    Capital Reserves0.760.760.760.760.76
    Profit & Loss Account Balance-164.56-89.48104.68107.03167.22
    General Reserves0.000.000.000.000.00
    Other Reserves36.2355.1451.9251.2374.25
Reserve excluding Revaluation Reserve-83.8610.12199.05200.72283.92
Revaluation reserve0.000.000.000.000.00
Shareholder's Funds-34.3458.60247.39249.05332.25
Minority Interest22.5941.9537.9813.6841.83
Long-Term Borrowings0.000.000.000.000.00
Secured Loans275.07286.93332.90314.97347.41
    Non Convertible Debentures0.000.000.000.000.00
    Converible Debentures & Bonds0.000.000.000.000.00
    Packing Credit - Bank0.000.000.000.000.00
    Inter Corporate & Security Deposit0.000.000.000.000.00
    Term Loans - Banks0.000.000.0017.5946.70
    Term Loans - Institutions291.36295.21353.34328.36328.51
    Other Secured-16.29-8.28-20.45-30.98-27.80
Unsecured Loans307.91252.0721.380.000.00
    Fixed Deposits - Public0.000.000.000.000.00
    Loans and advances from subsidiaries0.000.000.000.000.00
    Inter Corporate Deposits (Unsecured)0.000.000.000.000.00
    Foreign Currency Convertible Notes0.000.000.000.000.00
    Long Term Loan in Foreign Currency0.000.000.000.000.00
    Loans - Banks0.000.000.000.000.00
    Loans - Govt.0.000.000.000.000.00
    Loans - Others107.2651.4121.380.000.00
    Other Unsecured Loan200.66200.660.000.000.00
Deferred Tax Assets / Liabilities-14.523.75-4.38-5.0016.66
    Deferred Tax Assets14.520.004.385.000.00
    Deferred Tax Liability0.003.750.000.0016.66
Other Long Term Liabilities5.620.230.000.000.12
Long Term Trade Payables0.000.000.000.000.00
Long Term Provisions4.262.393.210.040.11
Total Non-Current Liabilities578.35545.35353.10310.01364.30
Current Liabilities
Trade Payables389.81487.56550.14391.15369.99
    Sundry Creditors389.81487.56550.14391.15369.99
    Acceptances0.000.000.000.000.00
    Due to Subsidiaries- Trade Payables0.000.000.000.000.00
Other Current Liabilities57.3051.4160.90313.74308.56
    Bank Overdraft / Short term credit0.000.000.000.000.00
    Advances received from customers0.460.430.591.220.43
    Interest Accrued But Not Due1.521.582.252.642.29
    Share Application Money0.000.000.000.000.00
    Current maturity of Debentures & Bonds0.000.000.000.000.00
    Current maturity - Others0.000.000.000.000.00
    Other Liabilities55.3249.3958.07309.88305.83
Short Term Borrowings562.51517.65340.72437.47551.05
    Secured ST Loans repayable on Demands299.68295.18211.59267.70369.83
    Working Capital Loans- Sec299.68295.18211.59267.70269.83
    Buyers Credits - Unsec0.000.000.000.000.00
    Commercial Borrowings- Unsec0.000.000.000.000.00
    Other Unsecured Loans-36.86-72.72-82.47-97.94-88.62
Short Term Provisions2.180.851.731.472.08
    Proposed Equity Dividend0.000.000.000.000.00
    Provision for Corporate Dividend Tax0.000.000.000.000.00
    Provision for Tax0.000.000.000.000.20
    Provision for post retirement benefits0.000.000.000.000.00
    Preference Dividend0.000.000.000.000.00
    Other Provisions2.180.851.731.471.88
Total Current Liabilities1011.801057.46953.491143.831231.68
Total Liabilities1578.401703.361591.961716.571970.06
ASSETS
Gross Block139.29138.80722.01110.7097.93
Less: Accumulated Depreciation43.9541.3494.9837.1026.88
Less: Impairment of Assets0.000.000.000.000.00
Net Block95.3497.47627.0373.6071.05
Lease Adjustment A/c0.000.000.000.000.00
Capital Work in Progress111.99100.000.000.0016.48
Non Current Investments103.4373.7270.5668.69730.63
Long Term Investment103.4373.7270.5668.69730.63
    Quoted41.439.878.287.7414.13
    Unquoted62.0163.8462.2860.95716.50
Long Term Loans & Advances57.7050.8259.5439.2232.05
Other Non Current Assets2.4812.479.607.137.13
Total Non-Current Assets830.35805.09766.73804.98857.34
Current Assets Loans & Advances
Currents Investments0.000.000.000.000.00
    Quoted0.000.000.000.000.00
    Unquoted0.000.000.000.000.00
Inventories0.000.000.000.000.00
    Raw Materials0.000.000.000.000.00
    Work-in Progress0.000.000.000.000.00
    Finished Goods0.000.000.000.000.00
    Packing Materials0.000.000.000.000.00
    Stores  and Spare0.000.000.000.000.00
    Other Inventory0.000.000.000.000.00
Sundry Debtors63.3454.4857.8522.39104.33
    Debtors more than Six months0.461.201.100.000.00
    Debtors Others62.8853.2856.7522.39106.23
Cash and Bank364.36262.14285.80436.92416.08
    Cash in hand0.090.160.100.340.41
    Balances at Bank364.27261.98285.69436.57415.67
    Other cash and bank balances0.000.000.000.000.00
Other Current Assets5.539.2175.33278.21277.87
    Interest accrued on Investments0.000.000.000.000.00
    Interest accrued on Debentures0.000.000.000.000.00
    Deposits with Government0.340.340.340.340.00
    Interest accrued and or due on loans0.034.131.000.400.35
    Prepaid Expenses3.524.214.443.734.06
    Other current_assets1.640.5369.54273.74273.46
Short Term Loans and Advances314.82572.45406.25174.07314.45
    Advances recoverable in cash or in kind1.531.183.514.61196.39
    Advance income tax and TDS0.951.083.390.000.00
    Amounts due from directors0.000.000.000.000.00
    Due From Subsidiaries0.000.000.000.000.00
    Inter corporate deposits0.007.691.503.4352.32
    Corporate Deposits0.000.000.000.000.00
    Other Loans & Advances312.35562.50397.85166.0465.74
Total Current Assets748.05898.27825.22911.591112.72
Net Current Assets (Including Current Investments)-263.75-159.19-128.27-232.24-118.95
Miscellaneous Expenses not written off0.000.000.000.000.00
Total Assets1578.401703.361591.961716.571970.06
Contingent Liabilities87.0185.5188.50123.0490.97
Total Debt1162.601066.16716.03784.73927.58
Book Value-6.9312.0951.1851.5368.74
Adjusted Book Value-5.9610.3943.9944.2959.08

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RISK DISCLOSURES ON DERIVATIVES

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Source:

1. SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.