| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| ASEL Financial Services Limited |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Shareholders’ funds |
|
|
|
Share capital |
747.73 |
747.73 |
|
Reserves and surplus |
9,674.73 |
9,039.33 |
|
Minority Interest |
2,086.96 |
1,780.68 |
|
Non-current liabilities |
|
|
|
Other Long term liabilities |
189.58 |
184.54 |
|
Long-term provisions |
56.64 |
40.93 |
|
Current liabilities |
|
|
|
Short term borrowings |
- |
752.04 |
|
Trade payables |
|
|
|
Outstanding dues other than Micro and Small Enterprise |
14,055.53 |
13,052.99 |
|
Other current liabilities |
1,374.50 |
1,232.93 |
|
Short-term provisions |
12.48 |
14.07 |
|
Total Equity and liabilities |
28,198.15 |
26,845.25 |
|
Non-current assets |
|
|
|
Property, plant & equipment |
517.61 |
562.74 |
|
Intangible Assets |
22.89 |
32.61 |
|
Capital Work-in-progress |
547.21 |
547.21 |
|
Goodwill on Consolidation |
- |
47.44 |
|
Non-current investments |
1099.72 |
1,717.81 |
|
Deferred Tax Assets |
40.12 |
39.63 |
|
Long term Loans and Advances |
528.35 |
508.67 |
|
Other non-current assets |
38.30 |
42.82 |
|
Current assets |
|
|
|
Trade receivables |
200.49 |
130.24 |
|
Cash and Bank balances |
12,902.14 |
12,566.85 |
|
Short-term loans and advances |
11,975.91 |
10,210.59 |
|
Other current assets |
325.41 |
438.65 |
|
Total Assets |
28,198.15 |
26,845.25 |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Revenue from operations |
1776.07 |
1,444.99 |
|
Other income |
687.48 |
642.63 |
|
Total Revenue |
2463.55 |
2,087.62 |
|
Expenses: |
|
|
|
Employee benefits expense |
321.69 |
467.44 |
|
Finance costs |
284.50 |
157.08 |
|
Depreciation |
64.11 |
71.24 |
|
Other expenses |
554.46 |
1,322.6 |
|
Total Expenses |
1224.77 |
2,018.36 |
|
Profit before Tax |
1238.78 |
69.26 |
|
Current Tax |
302.00 |
36.00 |
|
Deferred Tax |
-0.50 |
-23.70 |
|
Adjustment for the earlier years |
-4.39 |
13.61 |
|
Profit for the year before
minority Interest |
941.67 |
43.33 |
|
Share of Profit Transfer to
Minority Interest |
306.27 |
-35.04 |
|
Profit for the
year |
635.40 |
78.38 |
|
Earnings per Equity share (Face
Value Per Share) |
|
|
|
Basic (Rs.) |
8.5 |
1.05 |
|
Diluted (Rs.) |
8.5 |
1.05 |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Cash Flow from Operating activites |
|
|
|
Profit as per Profit & Loss
Accounts after tax |
1238.78 |
69.26 |
|
Adjustment For :- |
|
|
|
Depreciation |
64.11 |
71.24 |
|
Financial Charges |
284.50 |
157.08 |
|
Interest Income |
-613.68 |
-622.07 |
|
Profit on sale of bonds |
-47.04 |
|
|
Dividend Income |
2.89 |
-2.31 |
|
Impairment of goodwill |
47.44 |
|
|
Operating profit before Working
Capital Changes |
971.22 |
-326.81 |
|
Adjustment For :- |
|
|
|
Trade and other receivables |
47.50 |
4,789.98 |
|
Loans and Advances |
-1868.12 |
-6,740.15 |
|
Trade and other payables |
1163.26 |
8,962.47 |
|
Cash generated from operations |
313.86 |
6,685.49 |
|
Income Tax Paid |
-214.49 |
-170.85 |
|
Cash from Operating Activities |
99.37 |
6,514.64 |
|
Cash flow from Investing
Activities |
|
|
|
Addition in Property, Plant and Equipment |
-4.47 |
-166.37 |
|
Addition in Intangible Assets |
4.79 |
-9.08 |
|
Adjustment in Capital Work in
progress |
- |
6.79 |
|
Addition in / advance given for
Investment property |
- |
-152.61 |
|
Sale of bonds |
665.15 |
- |
|
Interest Income |
613.68 |
622.07 |
|
Dividend Income |
2.89 |
2.31 |
|
Cash from Investing Activities |
1272.46 |
303.12 |
|
Cash flow from Financing
Activities |
|
|
|
Finance Expenses |
-284.50 |
-157.08 |
|
Short term borrowings |
-752.04 |
-1,055.64 |
|
Cash from Financing Activities |
-1036.54 |
-1,212.72 |
|
Net Increase In Cash & Cash Equivalents |
335.29 |
5,605.04 |
|
Cash & Cash Equivalents at the
beginning of the year |
12566.85 |
6,961.81 |
|
Cash & Cash Equivalents at the
end of the year |
12,902.14 |
12,566.85 |
Summary of the Cash Flow Statement
for the years 2025 and 2024:
The company’s net
profit after tax increased strongly to ₹1,238.78
lakhs in 2025 compared to just ₹69.26 lakhs in 2024. After adjustments
such as depreciation of ₹64.11 lakhs, finance costs of ₹284.50 lakhs, interest
income of ₹613.68 lakhs, and impairment of goodwill of ₹47.44 lakhs, the
operating profit before working capital changes turned positive at ₹971.22 lakhs,
against a negative ₹326.81
lakhs last year. However, working capital movements reduced the
cash benefit — loans and advances increased heavily (outflow of ₹1,868.12
lakhs), even though receivables fell and payables rose. Finally, after tax
payments, the company generated only ₹99.37
lakhs of operating cash in 2025, a steep drop from ₹6,514.64 lakhs in 2024.
This shows that while profitability improved, cash flow from operations was
weak due to working capital strain.
In 2025,
investing activities added ₹1,272.46
lakhs of cash, much higher than ₹303.12 lakhs in 2024. The main inflow
came from the sale of
bonds (₹665.15 lakhs) and interest income (₹613.68 lakhs), along
with small inflows from dividend income and adjustments in assets. Capital
expenditure was very low at just ₹4.47
lakhs, compared to much higher outflows last year. Overall,
this shows the company relied heavily on investment income and bond sales to
support cash reserves.
Financing
activities resulted in an outflow of ₹1,036.54
lakhs in 2025, compared to ₹1,212.72 lakhs in 2024. The main
outflows were repayment of short-term borrowings (₹752.04 lakhs) and finance
costs (₹284.50 lakhs). Although the outflow reduced compared to last year, it
still shows a dependence on repayments and interest costs.
After combining
all activities, the company’s net cash inflow was ₹335.29 lakhs in 2025,
much lower than the strong inflow of ₹5,605.04
lakhs in 2024. The opening balance of cash was ₹12,566.85 lakhs,
which increased to ₹12,902.14
lakhs by the end of 2025.
|
Particulars |
2025 |
2024 |
|
Current Ratio (in times) |
19.84 |
19.03 |
|
Debt Service Coverage Ratio (in
times) |
2.69 |
3.00 |
|
Return on Equity Ratio (in %) |
0.03 |
0.02 |
|
Trade Receivables Turnover Ratio
(in times) |
24.22 |
18.15 |
|
Net Capital Turnover Ratio (in
times) |
0.08 |
0.07 |
|
Net Profit Ratio (in %) |
0.64 |
0.36 |
|
Return on Capital Employed Ratio
(in %) |
0.07 |
0.03 |
|
Return on Investments (%) |
0.00 |
0.02 |
Summary of the financial ratios
for ASEL Financial Services Limited for the year 2025 and 2024:
The current ratio
improved slightly from 19.03
in 2024 to 19.84 in 2025. This shows the company has very high
current assets compared to its current liabilities. Such a high ratio means the
company is extremely safe in meeting short-term obligations, though it may also
indicate that too much cash or assets are lying idle instead of being used for
growth.
The DSCR dropped
a little from 3.00 in
2024 to 2.69 in 2025. Even though it fell, the ratio is still
strong, meaning the company generates more than enough earnings to cover its
interest and debt repayments. A value above 1 is healthy, so this shows the
company has no major issues in servicing its debt.
ROE increased
slightly from 0.02% to
0.03%. While the rise is positive, the percentage is still very
low, indicating that shareholders are getting very small returns on their
invested equity. This suggests profitability is improving but remains weak.
The receivable
turnover ratio improved from 18.15
times in 2024 to 24.22 times in 2025. This means the company is
collecting payments from customers much faster than before, which improves cash
flow and reduces credit risk.
The ratio went up
slightly from 0.07 to
0.08. This shows the company is generating a bit more revenue
from its working capital compared to last year, though the efficiency level is
still quite low.
Net profit margin
improved from 0.36% in
2024 to 0.64% in 2025. This means that for every ₹100 of sales,
the company now keeps about ₹0.64 as profit, compared to only ₹0.36 earlier. It
shows better cost control and stronger profitability.
ROCE rose from 0.03% to 0.07%. This
shows the company is generating higher returns from the total funds (both
equity and debt) invested in the business. While the improvement is
encouraging, the returns are still very low.
ROI slipped from 0.02% in 2024 to 0.00% in 2025.
This indicates the company is not generating meaningful returns from its
investments, which may mean that funds invested are not being utilized
effectively.
