Income Statement BF Investment Limited

Equities

BFINVEST

INE878K01010

Investment Management & Fund Operators

Market Closed - NSE India S.E. Other stock markets 07:40:29 2024-09-13 am EDT			5-day change	1st Jan Change
617.70 ^INR	+1.12%		+5.10%	+15.57%

Aug. 22	National Stock Exchange of India Limited and BSE Limited Levies Fine on BF Investment Limited for Non-Compliance of Regulation 17(1) of the Listing Regulations for the June 2024 Quarter	CI
Aug. 14	BF Investment Limited Reports Earnings Results for the First Quarter Ended June 30, 2024	CI

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Published financial data: BF INVESTMENT LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	-	-	-	-	-
Gain (Loss) on Sale of Investment, Total (Rev)	55.9M	92.99M	-9.1M	43.91M	28.1M
Interest And Invest. Income (Rev)	165M	71.11M	176M	246M	358M
Other Revenues, Total	220K	-	32.16M	22.41M	38.11M
Total Revenues	221M	164M	199M	312M	424M
Cost of Goods Sold, Total	1.2M	240K	370K	500K	410K
Gross Profit	220M	164M	199M	312M	424M
Selling General & Admin Expenses, Total	5.98M	5.17M	6.33M	10.47M	10.78M
Depreciation & Amortization - (IS)	7.59M	7.06M	6.34M	5.81M	4.97M
Other Operating Expenses	52.12M	47.79M	36.34M	45.3M	50.48M
Other Operating Expenses, Total	65.69M	60.02M	49.01M	61.58M	66.23M
Operating Income	154M	104M	150M	250M	358M
Interest Expense, Total	-590K	-50K	-	-	-
Net Interest Expenses	-590K	-50K	-	-	-
Income (Loss) On Equity Invest.	2.18B	3.47B	2.48B	3.19B	5.43B
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	2.33B	3.57B	2.63B	3.44B	5.79B
Gain (Loss) On Sale Of Investments	-	-	-	-	3.06M
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Other Unusual Items	-35.81M	-	-	-	-
EBT, Incl. Unusual Items	2.3B	3.57B	2.63B	3.44B	5.79B
Income Tax Expense	854M	900M	657M	845M	1.45B
Earnings From Continuing Operations	1.44B	2.67B	1.98B	2.59B	4.34B
Net Income to Company	1.44B	2.67B	1.98B	2.59B	4.34B
Net Income - (IS)	1.44B	2.67B	1.98B	2.59B	4.34B
Net Income to Common Incl Extra Items	1.44B	2.67B	1.98B	2.59B	4.34B
Net Income to Common Excl. Extra Items	1.44B	2.67B	1.98B	2.59B	4.34B
Per Share Items
Net EPS - Basic	38.32	70.89	52.5	68.84	115.15
Basic EPS - Continuing Operations	38.32	70.89	52.5	68.84	115.15
Basic Weighted Average Shares Outstanding	37.67M	37.67M	37.67M	37.67M	37.67M
Net EPS - Diluted	38.32	70.89	52.5	68.84	115.15
Diluted EPS - Continuing Operations	38.32	70.89	52.5	68.84	115.15
Diluted Weighted Average Shares Outstanding	37.67M	37.67M	37.67M	37.67M	37.67M
Normalized Basic EPS	38.72	59.24	43.72	57.05	95.99
Normalized Diluted EPS	38.72	59.24	43.72	57.05	95.99
Payout Ratio	-	-	-	-	-
Supplemental Items
EBITDA	156M	109M	156M	256M	363M
EBITA	154M	104M	150M	250M	358M
EBIT	154M	104M	150M	250M	358M
EBITDAR	-	-	-	259M	365M
Total Revenues (As Reported)	221M	169M	199M	312M	429M
Effective Tax Rate - (Ratio)	37.18	25.21	24.95	24.58	25.07
Total Current Taxes	8.47M	50.44M	120M	208M	273M
Total Deferred Taxes	848M	850M	537M	647M	1.18B
Normalized Net Income	1.46B	2.23B	1.65B	2.15B	3.62B
Interest on Long-Term Debt	590K	40K	-	-	-
Non-Cash Pension Expense	-	-	-	-	20K
Supplemental Operating Expense Items
Advertising Expense	270K	210K	270K	180K	190K
Marketing Expenses	-	-	-	560K	560K
Selling and Marketing Expenses	270K	210K	270K	740K	750K
General and Administrative Expenses	-	-	-	-	-
Net Rental Expense, Total	-	-	-	2.83M	2.83M
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Maintenance & Repair Expenses, Total	1.2M	240K	370K	500K	410K

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	160M	1.03B	11.47M	78.44M	351M
Short Term Investments	705M	-	1.39B	1.95B	2.52B
Trading Asset Securities, Total	-	-	941M	985M	1.01B
Total Cash And Short Term Investments	865M	1.03B	2.34B	3.01B	3.89B
Accounts Receivable, Total	4.7M	5.73M	6.89M	14.53M	26.09M
Other Receivables	-	-	-	-	-
Notes Receivable	190M	225M	224M	237M	231M
Total Receivables	194M	230M	231M	251M	257M
Inventory	-	-	-	-	-
Prepaid Expenses	-	240K	120K	170K	170K
Other Current Assets, Total	5.79M	266M	266M	269M	270M
Total Current Assets	1.07B	1.53B	2.84B	3.53B	4.41B
Gross Property Plant And Equipment	18.93M	29.46M	45.82M	45.82M	46.12M
Accumulated Depreciation	-11.71M	-10.62M	-16.83M	-22.51M	-27.34M
Net Property Plant And Equipment	7.22M	18.84M	28.99M	23.31M	18.78M
Long-term Investments	17.77B	34.24B	40.83B	47.39B	63.58B
Goodwill	-	-	-	-	-
Other Intangibles, Total	-	-	-	-	-
Loans Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	67.58M	68.15M	112M	27.14M	-
Other Long-Term Assets, Total	395M	130M	130M	131M	130M
Total Assets	19.31B	35.98B	43.94B	51.11B	68.14B
Liabilities
Accounts Payable, Total	340K	20K	-	490K	40K
Accrued Expenses, Total	19.24M	7.97M	15.48M	27.24M	32.49M
Short-term Borrowings	-	-	-	-	-
Current Portion of Leases	-	-	-	-	-
Current Income Taxes Payable	4.31M	870K	3.76M	-	25.7M
Other Current Liabilities	-	-	-	-	130K
Total Current Liabilities	23.89M	8.86M	19.24M	27.73M	58.36M
Long-Term Leases	1.93M	-	-	-	-
Pension & Other Post Retirement Benefits	-	-	-	-	-
Deferred Tax Liability Non Current	2.17B	3B	3.54B	4.18B	6.06B
Other Non Current Liabilities	-	-	-	-	50K
Total Liabilities	2.2B	3.01B	3.56B	4.21B	6.12B
Common Stock, Total	188M	188M	188M	188M	188M
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	12.59B	15.24B	17.16B	19.75B	24.08B
Comprehensive Income and Other	4.33B	17.55B	23.02B	26.96B	37.74B
Total Common Equity	17.11B	32.98B	40.38B	46.9B	62.01B
Total Equity	17.11B	32.98B	40.38B	46.9B	62.01B
Total Liabilities And Equity	19.31B	35.98B	43.94B	51.11B	68.14B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	37.67M	37.67M	37.67M	37.67M	37.67M
ECS Total Common Shares Outstanding	37.67M	37.67M	37.67M	37.67M	37.67M
Book Value / Share	454.23	875.45	1.07K	1.25K	1.65K
Tangible Book Value	17.11B	32.98B	40.38B	46.9B	62.01B
Tangible Book Value Per Share	454.23	875.45	1.07K	1.25K	1.65K
Total Debt	1.93M	0	0	0	0
Net Debt	-863M	-1.03B	-2.34B	-3.01B	-3.89B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	-	-	-	30K
Debt Equivalent Oper. Leases	-	-	-	22.64M	22.64M
Equity Method Investments, Total	10.85B	21.39B	25.31B	30.7B	40.46B
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Raw Materials, Total	-	-	-	-	-
Inventories - Work In Process, Total	-	-	-	-	-
Inventories - Finished Goods, Total	-	-	-	-	-
Inventories - Others	-	-	-	-	-
Land - (BS)	-	-	-	-	-
Buildings, Total	-	-	-	-	-
Machinery, Total	10.91M	29.46M	45.82M	45.82M	46.12M
Full Time Employees	2	2	2	2	2
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	5.72M	1.45M	1.45M	1.45M	1.45M

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	1.44B	2.67B	1.98B	2.59B	4.34B
Depreciation & Amortization - CF	7.59M	7.06M	6.34M	5.81M	4.97M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	7.59M	7.06M	6.34M	5.81M	4.97M
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-55.9M	-92.99M	9.1M	-43.91M	-28.1M
Asset Writedown & Restructuring Costs	-	-	-	-	-
Provision for Credit Losses	-	-	-32.16M	-22.41M	-38.11M
(Income) Loss On Equity Investments - (CF)	-2.18B	-3.47B	-2.48B	-3.19B	-5.43B
Provision and Write-off of Bad Debts	-	-	-	-	-
Other Operating Activities, Total	843M	842M	540M	640M	1.2B
Change In Accounts Receivable	-	-	-	-	-
Change In Inventories	-	-	-	-	-
Change In Accounts Payable	-980K	-320K	-20K	490K	-450K
Change in Other Net Operating Assets	-360M	-21.36M	39.24M	12.87M	39.03M
Cash from Operations	-302M	-61.68M	55.43M	-1.85M	90.88M
Capital Expenditure	-	-18.55M	-16.37M	-	-300K
Sale of Property, Plant, and Equipment	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	377M	-9.55M	-578M	-565M	-571M
Other Investing Activities, Total	-	153M	326M	633M	753M
Cash from Investing	377M	125M	-267M	68.82M	182M
Short Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Short Term Debt Repaid, Total	-	-	-	-	-
Total Debt Repaid	-	-	-	-	-
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-	-	-	-	-
Net Change in Cash	74.99M	63.4M	-212M	66.97M	273M
Supplemental Items
Cash Interest Paid	-	-	-	-	-
Cash Income Tax Paid (Refund)	4.16M	51.67M	117M	205M	247M
Levered Free Cash Flow	99.15M	6.36M	93.7M	147M	253M
Unlevered Free Cash Flow	99.52M	6.39M	93.7M	147M	253M
Change In Net Working Capital	4.61M	47.02M	-9.96M	14.78M	-24.92M
Net Debt Issued / Repaid	-	-	-	-	-

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	0.47	0.23	0.23	0.33	0.37
Return on Total Capital	0.51	0.26	0.26	0.36	0.41
Return On Equity %	7.67	10.66	5.39	5.94	7.96
Return on Common Equity	7.67	10.66	5.39	5.94	7.96
Margin Analysis
Gross Profit Margin %	99.46	99.85	99.81	99.84	99.9
SG&A Margin	2.7	3.15	3.17	3.35	2.54
EBITDA Margin %	70.31	66.61	78.42	81.97	85.46
EBITA Margin %	69.78	63.28	75.24	80.11	84.29
EBIT Margin %	69.78	63.28	75.24	80.11	84.29
Income From Continuing Operations Margin %	652.02	1.63K	991.63	830.88	1.02K
Net Income Margin %	652.02	1.63K	991.63	830.88	1.02K
Net Avail. For Common Margin %	652.02	1.63K	991.63	830.88	1.02K
Normalized Net Income Margin	658.83	1.36K	825.82	688.55	852.29
Levered Free Cash Flow Margin	44.79	3.87	46.99	47.19	59.66
Unlevered Free Cash Flow Margin	44.96	3.89	46.99	47.19	59.66
Asset Turnover
Asset Turnover	0.01	0.01	0	0.01	0.01
Fixed Assets Turnover	31.92	12.59	8.34	11.93	20.16
Receivables Turnover (Average Receivables)	-	-	-	-	-
Inventory Turnover (Average Inventory)	-	-	-	-	-
Short Term Liquidity
Current Ratio	44.59	172.48	147.38	127.45	75.59
Quick Ratio	36.41	117.03	121.89	109.2	67.02
Operating Cash Flow to Current Liabilities	-12.65	-6.96	2.88	-0.07	1.56
Days Sales Outstanding (Average Receivables)	-	-	-	-	-
Days Outstanding Inventory (Average Inventory)	-	-	-	-	-
Average Days Payable Outstanding	253.15	273.75	-	-	236.56
Cash Conversion Cycle (Average Days)	-	-	-	-	-
Long Term Solvency
Total Debt/Equity	0.01	-	-	-	-
Total Debt / Total Capital	0.01	-	-	-	-
LT Debt/Equity	0.01	-	-	-	-
Long-Term Debt / Total Capital	0.01	-	-	-	-
Total Liabilities / Total Assets