| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Balmer Lawrie Van Leer Limited |
|
Particular |
31-03-2025 |
31-03-2024 |
|
Non- Current assets |
||
|
Property, Plant and Equipment |
20,034 |
21,192 |
|
Capital work-in-progress |
264 |
168 |
|
Goodwill |
1,016 |
1,016 |
|
Other intangible assets |
3 |
8 |
|
Loan |
2 |
1 |
|
Other financial assets |
632 |
594 |
|
Other non-current assets |
101 |
91 |
|
Current assets |
||
|
Inventories |
8,686 |
9,206 |
|
Trade receivables |
11,342 |
10,714 |
|
Cash and cash equivalents |
5 |
14 |
|
Bank balances other than above |
700 |
659 |
|
Loans |
26 |
14 |
|
Other financial assets |
409 |
739 |
|
Other current assets |
1,068 |
1,078 |
|
Total Assets |
44,288 |
45,494 |
|
Equity |
||
|
Equity Share Capital |
1,796 |
1,796 |
|
Other Equity |
24,815 |
21,558 |
|
Non-current liabilities |
||
|
Borrowings |
523 |
2033 |
|
Lease liabilities |
212 |
323 |
|
Other financial liabilities |
4 |
6 |
|
Deferred tax liabilities (net) |
584 |
692 |
|
Provision – Employees benefit obligation |
587 |
451 |
|
Current liabilities |
||
|
Borrowings |
6,979 |
8,889 |
|
Lease liabilities |
110 |
96 |
|
Total outstanding dues of micro and small enterprises |
888 |
565 |
|
Total outstanding dues other than above |
4,465 |
6,326 |
|
Other financial liabilities |
2,541 |
2,181 |
|
Provision – Employees benefit obligations |
118 |
55 |
|
Current tax liabilities (net) |
379 |
151 |
|
Other current liabilities |
287 |
372 |
|
Total equity and liabilities |
44,288 |
45,494 |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Revenue from operations |
58,259 |
56,049 |
|
Other Income |
228 |
283 |
|
Total income |
58,487 |
56,332 |
|
Expenses |
|
|
|
Cost of materials consumed |
32,637 |
32,995 |
|
Change in inventories of finished goods and
work-in-progress |
(13) |
719 |
|
Employee benefit expense |
5,115 |
4,755 |
|
Finance cost |
750 |
1094 |
|
Depreciation and amortization expense |
1,816 |
1,848 |
|
Other expenses |
13,177 |
11,228 |
|
Total expenses |
53,482 |
52,639 |
|
Profit Before Tax |
5,005 |
3,693 |
|
Current tax |
1,321 |
827 |
|
Deferred tax |
(107) |
200 |
|
Profit for the year |
3,791 |
2,666 |
|
Other Comprehensive Income |
|
|
|
Items that will not be reclassified
subsequently to profit or loss: |
|
|
|
Remeasurements of the defined benefit plans |
(226) |
(49) |
|
Income tax relating to above |
57 |
12 |
|
Items that may be reclassified to profit and loss: |
||
|
Deferred gain/(loss) on cash flow hedges |
(11) |
18 |
|
Income tax relating to above |
3 |
(4) |
|
Total Comprehensive Income for the year |
3,614 |
2,643 |
|
Earnings per equity share |
|
|
|
Basic |
21.09 |
14.83 |
|
Diluted |
10.00 |
10.00 |
|
Particular |
31-03-2025 |
31-03-2024 |
|
Cash Flow From Operating Activities |
|
|
|
Net Profit Before Tax as per statement of profit and loss |
5,005 |
3,692 |
|
Adjustments for: |
|
|
|
Depreciation and amortisation expense |
1,816 |
1,848 |
|
Interest income |
(75) |
(68) |
|
Finance costs |
750 |
1094 |
|
Expected credit losses – Trade receivables |
70 |
61 |
|
Liabilities no longer required written back |
(11) |
(7) |
|
Net loss recognised in other comprehensive income |
(237) |
(31) |
|
Net loss/(gain) on sale of property, plant and equipment |
7 |
(3) |
|
Expected credit losses – loans, advances & deposits |
79 |
- |
|
Deferred grant income |
(2) |
(2) |
|
Unrealised foreign exchange (gain)/loss |
(40) |
24 |
|
Operating Profit before Working Capital Changes |
7,362 |
6,609 |
|
Adjustments for: |
|
|
|
(Decrease)/Increase in provisions, trade payables and other
liabilities |
(1,045) |
491 |
|
Increase in trade receivables |
(658) |
(1396) |
|
Decrease in inventories |
520 |
1515 |
|
Decrease in loans and other assets |
296 |
277 |
|
Operating Profit After Working Capital Changes |
6,475 |
7,496 |
|
Direct Taxes Paid (net of refund) |
(1,093) |
(664) |
|
Net Cash generating from Operating Activities |
5,382 |
6,832 |
|
Cash Flow From Investing Activities |
|
|
|
Purchase of PPE (including capital work-in-progress) |
(800) |
(1,422) |
|
Proceeds from sales of PPE |
14 |
3 |
|
Interest received |
75 |
68 |
|
Net Cash From Investing Activities |
(711) |
(1,351) |
|
Cash Flow From Financing Activities |
|
|
|
Dividend paid |
(365) |
(725) |
|
(Repayments
of)/Proceeds from non-current borrowings (net) |
(2,497) |
(1,974) |
|
(Repayments
of)/Proceeds from current borrowings (net) |
(927) |
(2,133) |
|
Deposits
with bank towards margin money against borrowings (net) |
(48) |
(44) |
|
Settlement
of lease obligations |
(97) |
(99) |
|
Finance
costs paid |
(746) |
(1097) |
|
Net Cash From Financing Activities |
4,680 |
6,072 |
|
Net Decrease in Cash and Cash Equivalents |
(9) |
(591) |
|
Opening balance of cash and cash equivalents |
14 |
605 |
|
Closing balance of cash and cash
equivalents |
5 |
14 |
Here is a summary of the Cash Flow Statement for the years 2025 and 2024:
Cash Flow from Operating Activities
For the year ending 31 March 2025, the company reported a net profit before
tax of ₹5,005 lakh, higher than the ₹3,692 lakh recorded in the previous
year. After adjusting for non-cash items such as depreciation and
amortisation (₹1,816 lakh), finance costs (₹750 lakh), and
provisions for expected credit losses, as well as deducting non-operating
income like interest income and gains from liabilities written back, the
operating profit before working capital changes stood at ₹7,362 lakh
(vs. ₹6,609 lakh in FY 2023–24).
Working
capital changes had a mixed impact. While inventories decreased by ₹520
lakh and loans & other assets reduced by ₹296 lakh, there was an increase
in trade receivables (₹658 lakh outflow) and a decline in provisions,
trade payables, and other liabilities (₹1,045 lakh outflow). This resulted
in an operating profit after working capital changes of ₹6,475 lakh,
down from ₹7,496 lakh last year. After paying direct taxes of ₹1,093 lakh, the
company generated net operating cash of ₹5,382 lakh, lower than the
₹6,832 lakh generated in the previous year.
Cash Flow
from Investing Activities
Investing activities saw a smaller cash outflow compared to last year. The
company spent ₹800 lakh on the purchase of property, plant, and equipment,
slightly lower than the ₹1,422 lakh spent in FY 2023–24. Proceeds from the sale
of PPE were modest at ₹14 lakh, while interest income contributed ₹75
lakh. Overall, the net cash used in investing activities was ₹711 lakh,
an improvement over the ₹1,351 lakh outflow in the previous year.
Cash Flow
from Financing Activities
Financing activities continued to show significant outflows. The company paid
dividends worth ₹365 lakh and repaid non-current borrowings of ₹2,497 lakh as
well as current borrowings of ₹927 lakh. Additional outflows included margin
money deposits (₹48 lakh), settlement of lease obligations (₹97 lakh), and
finance costs paid (₹746 lakh). These payments resulted in a total net cash
outflow from financing activities of ₹4,680 lakh in FY 2024–25, lower than
the ₹6,072 lakh outflow in FY 2023–24, mainly due to reduced dividend payments
and lower debt repayments.
Net
Change in Cash Position
Overall, the company experienced a net decrease in cash and cash equivalents
of ₹9 lakh during FY 2024–25, which is a smaller drop compared to the ₹591 lakh
decrease in the previous year. The cash balance moved from ₹14 lakh at the
start of the year to ₹5 lakh at year-end, indicating that while operating cash
generation was strong, heavy financing repayments and moderate capital
expenditure kept year-end liquidity very low.
|
Particular |
31-03-2025 |
31-03-2024 |
|
Current Ratio (in times) |
1.41 |
1.20 |
|
Debt Equity Ratio (in times) |
0.28 |
0.47 |
|
Debt Service Coverage Ratio (in times) |
5.39 |
2.76 |
|
Return on Equity Ratio / return on investment (in %) |
0.14% |
0.11% |
|
Inventory Turnover Ratio (in times) |
4.94 |
4.43 |
|
Debtors Turnover Ratio (in times) |
5.28 |
5.59 |
|
Creditors Turnover Ratio (in times) |
5.33 |
4.95 |
|
Net Capital Turnover Ratio (in times) |
2.19 |
2.40 |
|
Net Profit Ratio (in %) |
6.5% |
4.8% |
|
Return on Capital Employed Ratio (in %) |
27% |
25% |
Here is a summary of the Financial Ratios for the years 2025 and 2024:
Current
Ratio
The current ratio increased from 1.20 in FY 2023–24 to 1.41 in FY
2024–25, indicating an improvement in short-term liquidity. The company now has
₹1.41 in current assets for every ₹1 in current liabilities, compared to ₹1.20
last year. While the ratio is still on the lower side of the generally
preferred 1.5–2.0 range, the upward movement suggests a better ability to meet
short-term obligations.
Debt-Equity
Ratio
The debt-equity ratio fell from 0.47 to 0.28, reflecting a
significant reduction in leverage. This means the company has reduced its
reliance on debt financing relative to equity, possibly through loan repayments
or increased retained earnings, which strengthens its capital structure and
lowers financial risk.
Debt
Service Coverage Ratio (DSCR)
The DSCR improved from 2.76 to 5.39, meaning the company now
generates more than five times the cash needed to service its debt obligations
(interest and principal). This improvement is a strong indicator of enhanced
debt repayment capacity, driven by higher profitability and possibly lower debt
servicing costs.
Return on
Equity (ROE) / Return on Investment (ROI)
ROE rose from 0.11% to 0.14%, which, although a slight
improvement, still represents a low return to shareholders compared to typical
industry expectations. This suggests that while profits increased, they remain
modest relative to the equity base.
Inventory
Turnover Ratio
The ratio increased from 4.43 to 4.94, meaning the company sold
and replaced its inventory nearly five times during the year, compared to about
4.4 times last year. This indicates improved inventory management and
potentially higher sales efficiency.
Debtors
Turnover Ratio
Debtors turnover decreased slightly from 5.59 to 5.28, suggesting
that receivables are being collected at a slightly slower pace. While the
change is not large, it may indicate a marginal relaxation of credit terms or
delays in customer payments.
Creditors
Turnover Ratio
The creditors turnover ratio rose from 4.95 to 5.33, showing that
the company is paying its suppliers more quickly than before. This could be due
to stronger cash flows or negotiated payment terms, though faster payments can
also reduce available cash for other uses.
Net
Capital Turnover Ratio
This ratio fell from 2.40 to 2.19, indicating a slight decline in
the efficiency with which the company is using its working capital to generate
revenue. This may be due to higher working capital balances or a slower growth
in revenue compared to working capital.
Net
Profit Ratio
The net profit margin improved from 4.8% to 6.5%, showing the
company is earning more profit per unit of sales. This improvement may be
attributed to better cost control, higher selling prices, or improved sales
mix.
Return on
Capital Employed (ROCE)
ROCE increased from 25% to 27%, reflecting stronger profitability
relative to the total capital employed (both debt and equity). This indicates
that the company is generating higher returns from its capital resources
compared to the previous year.
