Cable Corporation Annual Reports, Balance Sheet and Financials

Cable Corporation of India Limited Standalone Balance Sheet (Rs. in crores).

Particulars	31-03-2025	31-03-2024
Equity
Equity share capital	77.29	77.29
Reserve & surplus	-61.34	-45.45
Non-current liability
Long term liabilities	10.48	10.48
Long term provisions	1.76	1.76
Current liabilities
Short term borrowings	79.77	66.12
Trade payables – dues of other creditors	28.69	31.82
Other current liabilities	36.80	32.17
Short term Provisions	1.11	0.86
Total equity and liabilities	174.56	175.05
Non-current assets
Total fixed assets	25.25	30.35
Non-current investment	57.35	57.35
Long term Loans & advances	9.21	9.37
Current assets
Inventories	2.06	1.89
Trade receivables	62.11	64.42
Cash and bank balances	9.82	3.98
Short term loans and advances	8.76	7.66
Other current assets	-	0.03
Total	174.56	175.05

Cable Corporation of India Limited Standalone Profit & Loss Statement (Rs. in crores).

Particulars	31-03-2025	31-03-2024
Income
Revenue from Operations	0.08	0.79
Other Income	3.42	1.76
Total Income	3.50	2.55
Expenses
Purchase of stock in trade	0.51	0.91
Changes in inventories of finished goods	-0.17	-0.16
Employee benefit expense	2.75	2.34
Financial costs	3.15	1.77
Other Expenses	8.05	10.29
Depreciation	5.10	5.25
Total Expenses	19.39	20.40
Profit/ Loss after tax for the period	-15.89	-17.85
Earning per share
Basic	-2.06	-2.31
Diluted	-2.06	-2.31

Cable Corporation of India Limited Standalone Cash Flow Statement (Rs. in crores).

Particulars	31-03-2025	31-03-2024
Cash Flow from Operating Activities
Net Profit/(loss) Before Tax	-15.89	-17.85
Depreciation	5.10	5.25
Interest expenses	2.15	1.77
Interest income	0.26	0.05
Working capital adjustments:
Trade and other receivables	1.37	9.98
Inventories	-0.17	-0.16
Trade payables	-0.08	-1.66
Cash generated from operation	-7.26	-2.62
Net cashflow from operating activities	-7.26	-2.62
Cash Flow from Investing Activities
Interest received	-0.23	-0.08
Net Cash from / (used in) Investing Activities	-0.23	-0.08
Cash Flow from Financing Activities
From short term borrowings	13.65	8.69
Interest paid	-0.32	-2.83
Net Cash from/(used in) Financing Activities	13.33	5.86
Net Increase/decrease in Cash & cash equivalents	5.84	3.16
Cash and cash equivalents at the beginning of the year	3.98	0.82
Cash and cash equivalents at the end of the year	9.82	3.98

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

Cash Flow from Operating Activities

Operating cash flow remained negative at Rs. -7.26 crores in 2025, slightly worse than Rs. -2.62 crores in 2024. This indicates that the core business is still not generating sufficient cash to sustain operations. Although the net loss before tax improved marginally (from -17.85 crores to -15.89 crores), the business continues to face operational inefficiencies.

Adjustments like depreciation and interest expenses provided some non-cash support, but working capital movements had mixed effects. The improvement in trade and other receivables (inflow of Rs. 1.37 crores vs Rs. 9.98 crores in 2024) was weaker than the previous year, while inventories and payables did not significantly support cash generation. Overall, operating activities remain a concern.

 

Cash Flow from Investing Activities

Investing activities showed a minor outflow of Rs. -0.23 crores in 2025 compared to Rs. -0.08 crores in 2024. The small size of this outflow suggests limited capital expenditure or investment activity during the year. The company appears to be conserving cash rather than aggressively investing in expansion or asset growth.

 

Cash Flow from Financing Activities

Financing activities were the primary source of cash inflow, contributing Rs. 13.33 crores in 2025 compared to Rs. 5.86 crores in 2024. The increase was largely driven by higher short-term borrowings (Rs. 13.65 crores vs Rs. 8.69 crores), indicating reliance on external funding to support operations and liquidity needs.

Interest payments were lower in 2025 (Rs. 0.32 crores vs Rs. 2.83 crores), which helped improve financing cash flow. However, increased borrowing also implies higher financial leverage and potential repayment pressure in the future.

 

Liquidity Position and Cash Balance

The company’s cash and cash equivalents improved to Rs. 9.82 crores at the end of 2025, up from Rs. 3.98 crores in 2024. This improvement in cash balance reflects the strong support from financing activities despite negative operating cash flow.

Financial ratios of Cable Corporation of India Limited.

Particulars	31-03-2025	31-03-2024
Current ratio	0.57	0.60
Debt – equity ratio	5.00	2.08
Debt service coverage ratio	0.57	1.85
Return on equity	-1.00	-0.56
Inventory turnover ratio	0.10	0.25
Trade receivables ratio	0.00	0.01
Trade payables turnover ratio	0.02	0.03
Net capital turnover ratio	0.00	-0.02
Net profit ratio	-196.63	-22.59
Return on capital employed	-0.45	-0.36
Return on investment	-1.00	-0.56

Summary of Financial Ratio of the year 2025 and 2024.

Current Ratio

The current ratio declined from 0.60 in 2024 to 0.57 in 2025, indicating weak short-term liquidity. A ratio below 1 suggests that current liabilities exceed current assets, highlighting difficulty in meeting short-term obligations. The slight decline further reflects increasing pressure on liquidity.

 

Debt – Equity Ratio

The debt–equity ratio increased sharply from 2.08 to 5.00, indicating a significant rise in financial leverage. The company is relying heavily on borrowed funds compared to shareholders’ funds, which increases financial risk and interest burden. This also signals reduced financial stability.

 

Debt Service Coverage Ratio

The DSCR dropped from 1.85 in 2024 to 0.57 in 2025, which is a major concern. A ratio below 1 indicates that the company is not generating enough operating income to meet its debt obligations. This reflects poor debt servicing capacity and high risk of default.

 

Return on Equity

Return on equity worsened from -0.56 to -1.00, showing that shareholders are facing higher losses on their investments. This indicates inefficient utilization of equity capital and poor profitability performance.

 

Inventory Turnover Ratio

The inventory turnover ratio declined from 0.25 to 0.10, indicating slow movement of inventory. This suggests inefficient inventory management, possible stock accumulation, and weak sales activity.

 

Trade Receivables Ratio

The trade receivables ratio fell from 0.01 to 0.00, indicating extremely poor collection efficiency or negligible receivables activity. This may reflect either weak sales or inefficiency in credit management.

 

Trade Payables Turnover Ratio

The trade payables turnover ratio decreased from 0.03 to 0.02, suggesting slower payment to suppliers. This may indicate liquidity constraints and increased dependence on creditors for short-term financing.

 

Net Capital Turnover Ratio

The net capital turnover ratio improved slightly from -0.02 to 0.00 but remains very poor. This indicates that the company is not effectively using its working capital to generate sales, reflecting inefficiency in capital utilization.

 

Net Profit Ratio

The net profit ratio deteriorated significantly from -22.59 to -196.63, showing very high losses relative to revenue. This indicates severe operational inefficiencies and cost pressures, leading to a sharp decline in profitability.

 

Return on Capital Employed

Return on capital employed declined from -0.36 to -0.45, indicating that the company is generating negative returns from its total capital employed. This reflects poor operational efficiency and ineffective use of capital.

 

Return on Investment

Return on investment worsened from -0.56 to -1.00, indicating that investments made by the company are yielding negative returns. This highlights ineffective investment decisions and continued financial losses.