A V Thomas International Annual Reports, Balance Sheet and Financials

A.V. Thomas International Limited Consolidated Balance Sheet (Rs in Thousand)

Particulars	31-03-2025	31-03-2024
Equity and Liabilities
Share Capital	600.00	600.00
Reserves and Surplus	1,34,647.00	119,128.00
Total outstanding dues of micro enterprises & small enterprises;	270.00	-
Total Outstanding Dues of Other Creditors	-	270.00
Other Current Liabilities	886.00	907.00
Short-term Provisions	1,526.00	2,485.00
Total Equity and Liabilities	1,37,929.00	1,23,390.00
Assets
Property, Plant and Equipment	6,110.00	6,243
Non-current Investments	1,14,173.00	99,664
Trade Receivables		-
Cash and Cash Equivalents	15,809.00	15,224.00
Short-term Loans and Advances	1,837.00	2,259.00
Total Assets	1,37,929.00	1,23,390.00

A.V. Thomas International Limited Consolidated Profit & Loss Statement (Rs in Thousand)

Particulars	31-03-2025	31-03-2024
Revenue from Operations	7,581	7,460.00
Other Income	1,799	1,345
Total Revenue	9,380	8,805
Employee Benefit Expense	3,274	2,670
Depreciation and Amortization Expense	173	157
Other Expenses	2,858	1,818
Total Expenses	6,305	4,645
Profit Before Tax	3,075	4,160
Current Tax	565	1,100
Deferred Tax	Nil	Nil
Profit After Tax	2,510	3,060
Share of Profit / (Loss) of Associates	15,365	38,110
Profit for the Period	17,875	41,170
Earnings Per Equity Share (Basic & Diluted)	41.83	51

A.V. Thomas International Limited Consolidated Cash Flow Statement (Rs in Thousand)

Particulars	31-03-2025	31-03-2024
Net Profit Before Tax	3,075	4,160
Depreciation	173	157
Interest / Dividend Received	-943	-836
Provision for Gratuity	94	102
Operating Profit Before Working Capital Changes	2,283	3,583
Trade and Other Receivables	-	2,312
Trade Payables	-21	139
Other Current Assets	-414	-60
Cash Generated from Operations	1,848	5,974
Direct Taxes Paid	-995	-968
Net Cash from Operating Activities	853	5,006
Purchase of Fixed Assets - Tangible Assets	-40	-95
Interest / Dividend Received	1,223	569
Net Cash from Investing Activities	1,183	474
Dividend Paid	-1,500	-1,500
Net Increase in Cash and Cash Equivalents	536	3,980
Cash and Cash Equivalents at Beginning of Year	14,780	10,800
Cash and Cash Equivalents at End of Year	15,316	14,780

 Activity-wise cash flow analysis of A.V. Thomas International Limited based on the provided statement:

Cash Flow Analysis (₹ in ‘000)

1. Operating Activities

The Company generated a net cash inflow from operating activities of ₹853 (‘000) during FY 2025, as compared to a substantially higher inflow of ₹5,006 (‘000) in FY 2024.

Operating profit before working capital changes stood at ₹2,283 (‘000), lower than ₹3,583 (‘000) in the previous year, primarily due to reduced profitability.

Working capital adjustments had an overall negative impact on cash flows:

• Increase in other current assets by ₹414 (‘000) led to cash outflow.

• Decrease in trade payables by ₹21 (‘000) further reduced liquidity.

• Unlike the previous year, there was no significant inflow from receivables, which had earlier supported operating cash flows.

After accounting for tax payments of ₹995 (‘000), the net operating cash flow declined notably.

Overall Interpretation:
The moderation in operating cash flows reflects lower earnings and adverse working capital movements, indicating a need for improved operational cash conversion, although the Company continues to remain cash-positive from core operations.

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2. Investing Activities

Net cash inflow from investing activities stood at ₹1,183 (‘000) in FY 2025, as against ₹474 (‘000) in FY 2024.

Key drivers include:

• Interest and dividend income of ₹1,223 (‘000), significantly higher year-on-year.

• Capital expenditure of ₹40 (‘000) on tangible assets, indicating minimal investment in fixed assets.

Overall Interpretation:
The Company recorded strong investment-related inflows, driven by higher returns from financial assets. The relatively low capital expenditure suggests a conservative investment strategy or limited expansion during the year.

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3. Financing Activities

The Company incurred a cash outflow of ₹1,500 (‘000) towards dividend payments, consistent with the previous year.

No borrowings or financing inflows/outflows were observed, indicating a stable capital structure with minimal reliance on external debt.

Overall Interpretation:
Consistent dividend payouts demonstrate the Company’s focus on shareholder value, supported by internal cash generation and investment income.

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4. Net Cash Movement & Liquidity Position

• Net increase in cash and cash equivalents: ₹536 (‘000) in FY 2025, compared to ₹3,980 (‘000) in FY 2024

• Closing cash balance: ₹15,316 (‘000), as against ₹14,780 (‘000) in the previous year.

  Overall Interpretation:
  Despite lower operating cash flows, the Company maintained a positive net cash increase, supported by strong investing inflows. The closing cash balance remains healthy, reflecting a sound liquidity position.

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  Conclusion

  A.V. Thomas International Limited continues to maintain a strong liquidity base and consistent cash accretion. However, the decline in operating cash flows during FY 2025 indicates pressure on core cash generation, necessitating better working capital management. The Company’s conservative investment approach and steady dividend policy reinforce financial stability and shareholder confidence.