Bhairav Enterprises Annual Reports, Balance Sheet and Financials

Bhairav Enterprises Limited Standalone Balance Sheet (Rs in Hundreds)

Bhairav Enterprises Limited Standalone Profit & Loss Statement (Rs in Hundreds)

Bhairav Enterprises Limited Standalone Cash Flow Statement (Rs in Hundreds)

Summary of the Cash Flow Statement for the years 2025 and 2024:

Cash Flow from Operating Activities

The company reported a net profit before tax of ₹2,627.31 hundreds (₹2,791.16 hundreds in 2024), showing a slight decline in profitability. However, operating cash flow performance is weak. A major reason is the sharp increase in other current assets of ₹7,205.06 hundreds, which indicates that a large amount of cash is tied up in receivables or short-term assets. Inventories also increased by ₹129.55 hundreds, further blocking cash. At the same time, trade payables decreased by ₹68.85 hundreds, meaning the company paid more to suppliers instead of conserving cash. Due to these working capital changes, the company reported negative cash from operations of ₹5,487.25 hundreds, which is worse than the previous year’s ₹2,197.66 hundreds outflow. This shows inefficient cash management in core business operations.

Cash Flow from Investing Activities

The company generated a positive cash inflow of ₹18,171.10 hundreds from investing activities during 2025, entirely from the sale of investments. There was no such inflow in 2024. This indicates that the company sold investments to generate cash, likely to offset the negative operating cash flow. While this improves short-term liquidity, it may not be sustainable if such sales are not recurring.

Cash Flow from Financing Activities

In financing activities, the company recorded a cash outflow of ₹12,750.00 hundreds due to loans given, compared to an inflow of ₹2,204.25 hundreds in 2024. This reflects a significant shift, as the company is now using cash to provide loans rather than raising funds. Given the weak operating cash flow, this outflow may put pressure on liquidity unless these loans generate adequate returns.

Net Change in Cash and Cash Equivalents

Overall, there was a net decrease in cash of ₹66.16 hundreds in 2025, compared to a slight increase of ₹6.60 hundreds in 2024. The closing cash balance stood at ₹1,167.04 hundreds, slightly lower than ₹1,233.20 hundreds in the previous year. This indicates that despite large inflows from investment activities, the company’s overall liquidity position has slightly weakened.

Financial ratios of Bhairav Enterprises Limited

Summary of the Ratios for the years 2025 and 2024:

Current Ratio

The current ratio declined from 52.34 in 2024 to 45.49 in 2025, indicating a reduction in short-term liquidity. Despite the fall, the ratio remains extremely high, suggesting that the company still holds a very large amount of current assets compared to its current liabilities. This may reflect excess funds tied up in receivables or other current assets, pointing toward inefficient utilization of working capital rather than liquidity strength.

Return on Equity

The return on equity decreased from 0.02 to 0.01, showing a decline in the company’s ability to generate returns for its shareholders. This very low ratio indicates that the company is earning minimal profit relative to shareholders’ funds. It reflects weak profitability and inefficient use of equity capital, which may not be attractive to investors.

Trade Payables Turnover Ratio

The trade payables turnover ratio increased significantly from 8.99 in 2024 to 53.37 in 2025. This sharp rise suggests that the company is paying its suppliers much faster than before. While timely payments improve supplier relationships, such a high turnover may also indicate that the company is not fully utilizing available credit periods, which could put additional pressure on cash flows.

Return on Capital Employed

The return on capital employed remained constant at 0.01 in both years, indicating no improvement in the efficiency of overall capital utilization. This low ratio shows that the company is generating very limited returns from its total capital employed, reflecting poor operational efficiency and weak profitability.