BLSX Limited Annual Reports, Balance Sheet and Financials

BLSX Limited Standalone Balance Sheet (Rs in thousands)

BLSX Limited Standalone Profit & Loss Statement (Rs in thousands)

BLSX Limited Standalone Cash Flow Statement (Rs in thousands)

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

Cash Flow from Operating Activities

During the year ended 31-03-2025, the company reported a Net Profit before tax of ₹21,346.85 thousand compared to ₹11,530.70 thousand in the previous year, showing strong improvement in profitability. After adding depreciation of ₹7,271.39 thousand and adjusting interest income of ₹11.17 thousand, working capital movements significantly impacted cash flow. Trade receivables decreased by ₹4,620.34 thousand, which supported cash inflow, but inventories increased by ₹8,791.75 thousand and other current assets increased by ₹844.98 thousand. Long-term loans and advances increased by ₹4,160.86 thousand and other current liabilities decreased by ₹10,209.16 thousand, leading to cash outflow. As a result, cash generated from operations stood at ₹5,750.10 thousand. After payment of income tax amounting to ₹4,064.86 thousand, the net cash inflow from operating activities was ₹1,685.24 thousand, compared to ₹8,011.51 thousand in FY 2023-24.

Cash Flow from Investing Activities

During FY 2024-25, the company invested ₹2,394.44 thousand in purchase of tangible assets compared to ₹118.79 thousand in the previous year, indicating higher capital expenditure. The company also received ₹11.17 thousand as interest income. Overall, the company reported a net cash outflow from investing activities of ₹2,383.26 thousand as against ₹118.79 thousand in FY 2023-24.

Cash Flow from Financing Activities

There were no financing activities during FY 2024-25 as well as FY 2023-24. Therefore, net cash flow from financing activities remained Nil in both years, indicating no borrowing, repayment, or equity transactions during the year.

Net Increase / (Decrease) in Cash & Cash Equivalents

Due to lower operating inflow and higher investing outflow, the company recorded a net decrease in cash and cash equivalents of ₹698.02 thousand during FY 2024-25, compared to a net increase of ₹7,892.71 thousand in the previous year. Consequently, cash and cash equivalents declined from ₹23,898.71 thousand at the beginning of the year to ₹23,200.69 thousand at the end of the year.

Financial ratios of BLSX Limited

Summary of the Financial ratios for the years 2025 and 2024:

Current Ratio

The current ratio improved to 4.98 times in FY 2024-25 from 3.28 times in FY 2023-24, indicating a stronger liquidity position. The company has significantly higher current assets compared to current liabilities, which means it is well capable of meeting its short-term obligations. The increase reflects better working capital management and improved financial stability.

Return on Equity

Return on Equity increased to 13.56% from 7.97%, showing that the company generated higher profit for its shareholders during FY 2024-25. This improvement indicates better utilization of shareholders’ funds and enhanced profitability compared to the previous year.

Inventory Turnover

Inventory holding period reduced to 342 days from 353 days, which indicates slight improvement in inventory management. The company is taking slightly fewer days to sell its inventory compared to last year. However, the inventory holding period is still high, suggesting scope for further efficiency improvement.

Debtors Turnover

Debtors collection period improved significantly to 29 days from 45 days. This means the company is collecting payments from customers much faster than last year, leading to improved cash flow and better receivables management.

Trade Payables Turnover

The payable period increased to 45 days from 40 days, which indicates the company is taking slightly more time to pay its suppliers. This may help in maintaining better cash flow, but excessively long payment cycles should be managed carefully to maintain supplier relationships.

Net Capital Turnover Ratio

The ratio increased to 1.74 times from 1.23 times, showing that the company is generating higher revenue per unit of capital employed. This reflects improved operational efficiency and better utilization of working capital and overall resources.

Net Profit Margin

Net profit margin improved to 10.25% from 9.09%, indicating higher profitability from operations. The company is retaining more profit out of its revenue, which reflects better cost control and operational efficiency.

Return on Capital Employed

ROCE increased to 14.09% from 8.57%, showing that the company is generating better returns from its total capital employed (both equity and debt). This reflects improved operational performance and efficient capital utilization.

Return on Investments

Return on Investments improved to 13.20% from 8.24%, indicating better earnings from the company’s invested funds. This reflects improved investment performance and overall profitability growth during the year.