Chennai Super Kings Cricket Limited (CSK ) Return Comparision with Primex 40 Index

Periods	1 Week	1 Month	3 Months	6 Months	1 Year	3 Years	All Time
Primex-40
Chennai Super Kings Cricket Limited

Chennai Super Kings Cricket Limited Consolidated Balance Sheet (Rs in Lakhs)

Particulars	31-03-2025	31-03-2024
Non-Current Assets
Property, Plant and Equipment	27,190.47	20,745.18
Capital work-in-progress	2,347.71	4,811.48
Goodwill	2,653.35	0.00
Intangible Assets	20.95	265.13
Investments	7,637.49	651.37
Other Financial Assets	41.34	44.41
Deferred Tax Assets	34.62	50.72
Other Non-Current Assets	83.64	186.49
Current Assets
Inventories	125.66	86.00
Investments	23,136.67	-
Trade Receivables	3,830.95	5,023.13
Cash and Cash Equivalents	33,638.35	16,675.84
Loans	1,559.24	28,935.51
Other Financial Assets	985.94	1,015.80
Other Current Assets	7,063.20	5,416.64
Current tax Assets (net)	2,892.64	0.00
Total Assets	1,13,242.22	83,907.70
Equity
Equity Share Capital	379.43	379.43
Other Equity	67,900.22	52,420.45
Non-controlling interest	3,178.46	0.00
Non-Current Liabilities
Lease Liabilities	600.89	372.70
Provisions	147.98	83.50
Deferred tax liabilities (net)	0.00	0.00
Current Liabilities
Borrowings	512.70	0.00
Lease Liabilities	140.81	117.19
Trade Payables
Total outstanding dues of micro enterprises and small enterprises	101.61	0.00
Total outstanding dues of creditors other than micro enterprises and small enterprises	4,663.51	800.70
Provisions	13.46	7.61
Other Current Liabilities	35,603.15	29,098.91
Current Tax Liabilities (Net)	0.00	627.21
Total Equity and Liabilities	1,13,242.22	83,907.70

Chennai Super Kings Cricket Limited Consolidated Profit & Loss Statement (Rs in Lakhs)

Particulars	31-03-2025	31-03-2024
Revenue
Revenue from Operations	67,379.54	69,545.17
Other Income	3,048.65	2,782.87
Total Revenue	70,428.19	72,328.04
Expenses
Cost of material consumed	215.82	103.50
Changes in Inventories of Finished Good	(39.66)	(85.99)
Cost of Operations	44,972.05	41,841.28
Employee benefits expense	1,662.98	667.96
Finance costs	218.54	755.94
Depreciation and amortization expense	1,015.77	473.98
Other expenses	1,431.54	655.57
Total Expenses	49,477.04	44,412.24
Profit Before Tax	20,951.15	27,915.80
Current Tax	6,102.73	7,723.71
Deferred Tax	16.10	42.65
Profit for the Year	14,832.32	20,149.44
Profit / (Loss) attributable to Non-Controlling Interest	(316.92)	-
Profit attributable to Owners of the Parent	15,149.24	20,149.44
Other Comprehensive Income / (Loss)
Items that will not be reclassified to Profit or (Loss):
Remeasurement of net defined benefit Plan	(6.49)	10.89
Income tax relating to Items that will not be reclassified to Profit or Loss	1.01	0.51
Items that will be reclassified to Profit or (Loss):	336.02	(13.79)
Other comprehensive income for the year	330.54	(2.38)
Total Comprehensive Income	15,162.86	20,147.05
Total Comprehensive Income/ (Loss) attributable to Non-Controlling Interest	(316.92)	-
Total Comprehensive Income attributable to Owners of the Parent	15,479.78	20,147.05
Earnings per equity share (Face value of Rs. 0.10 each)
Basic	4.08	6.14
Diluted	4.08	5.41
Earnings per equity share for continuing and discontinued operations
Basic	4.08	6.14
Diluted	4.08	5.41

Chennai Super Kings Cricket Limited Consolidated Cash Flow Statement (Rs in Lakhs)

Particulars	31-03-2025	31-03-2024
Cash Flow from Operating Activities
Net Profit before exceptional items and tax	20,951.15	27,915.80
Other Comprehensive Income	330.54	(2.38)
Adjustments for
Depreciation	1,015.77	473.98
Finance costs	218.54	755.94
Interest income	(2,872.61)	(2,782.87)
Gain on Fair Valuation of Investments	(137.82)	-
Impairment Loss on investments	328.95	-
Proſ t on Sale of Current and Non-Current Investments	(10.14)	-
Operating Profit before Working Capital Changes	19,824.38	26,367.01
Inventories	(39.67)	(86.00)
Trade Receivables	1,192.17	(4,509.90)
Other Financial Assets	32.93	0.55
Other Assets	(4,436.35)	1,220.29
Trade payables	3,964.43	(3,128.04)
Other Current liabilities	6,128.83	20,166.24
Provisions	70.33	653.78
Cash Generated From Operations	26,737.07	40,683.93
Direct Taxes	(6,102.73)	(7,723.71)
Net cash from Operating activities	20,634.33	32,960.22
Cash Flow from Investing Activities
Purchase of Tangible / Intangibles Assets	(7,406.46)	(9,990.63)
Proceed from sale/(purchase) of investments	(30,303.78)	0.00
Loans provided (net)	27,376.27	(10,866.51)
Interest income	2,872.61	2,776.31
Net cash from Investing activities	(7,461.36)	(18,080.82)
Cash Flow from Financing Activities
Increase / (Decrease) in Non-Controlling Interest	3,495.38	-
(Repayment) / Proceeds from borrowings	512.70	-
Interest paid	(218.54)	(755.94)
Net cash from Financing Activities	3,789.54	(755.94)
Net (decrease) / increase in cash and cash equivalents	16,962.51	14,123.47
Cash and cash equivalents at the beginning of the period	16,675.84	2,552.37
Cash and cash equivalents at the end of the period	33,638.35	16,675.84
Components of Cash & Cash Equivalents:
Cash on hand	0.00	0.09
Balance(s) In current accounts	993.90	15,087.71
Fixed deposit with banks	32,644.45	1,588.04
Total Cash and Cash Equivalents	33,638.35	16,675.84

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

Cash Flow from Operating Activities

Net profit before exceptional items and tax decreased from ₹2,791,580 lakhs in 2024 to ₹2,095,115 lakhs in 2025, showing lower profitability. Depreciation rose to ₹101,577 lakhs (vs ₹47,398 lakhs last year), while finance costs reduced to ₹21,854 lakhs (vs ₹75,594 lakhs). Interest income and gains on investments reduced operating profit. Finally, operating profit before working capital changes was ₹1,982,438 lakhs in 2025 against ₹2,636,701 lakhs in 2024. Working capital changes had mixed effects: trade receivables improved (+₹119,217 lakhs vs –₹450,990 lakhs last year), and trade payables increased (+₹396,443 lakhs). However, other assets increased, causing an outflow of ₹443,635 lakhs. After these adjustments, cash generated from operations was ₹2,673,707 lakhs (lower than ₹4,068,393 lakhs in 2024). After paying direct taxes of ₹610,273 lakhs, the net cash from operations came to ₹2,063,433 lakhs, down from ₹3,296,022 lakhs in 2024.

Cash Flow from Investing Activities

The company spent ₹740,646 lakhs on purchase of assets in 2025, compared to ₹999,063 lakhs in 2024. A big outflow came from investments worth ₹3,030,378 lakhs, while in 2024 there was no such spending. On the positive side, loans given earlier were recovered, giving an inflow of ₹2,737,627 lakhs in 2025, compared to an outflow of ₹1,086,651 lakhs last year. Interest income also added ₹287,261 lakhs. Overall, net cash from investing activities was an outflow of ₹746,136 lakhs in 2025, which is better than the larger outflow of ₹1,808,082 lakhs in 2024.

Cash Flow from Financing Activities

The company raised ₹349,538 lakhs from non-controlling interest in 2025 and borrowed ₹51,270 lakhs. It also paid interest of ₹21,854 lakhs. In 2024, there were no such inflows and only an interest outflow of ₹75,594 lakhs. As a result, financing activities gave a net inflow of ₹378,954 lakhs in 2025, compared to an outflow of ₹75,594 lakhs in 2024.

Overall Movement in Cash

The company’s overall cash position improved significantly. Net increase in cash and cash equivalents was ₹1,696,251 lakhs in 2025, compared to ₹1,412,347 lakhs in 2024. Cash at year-end stood at ₹3,363,835 lakhs, up from ₹1,667,584 lakhs last year. Most of this was kept in fixed deposits (₹3,264,445 lakhs).

Financial Ratios of Chennai Super Kings Cricket Limited

Particulars	2025	2024
Current Ratio (in times)	1.78	1.86
Debt-Equity Ratio (in times)	0.01	0.00
Debt service coverage ratio	50.57	32.58
Return on Equity Ratio (in %)	0.24	0.51
Net Capital Turnover Ratio (in times)	2.09	2.62
Net Profit Ratio (in %)	0.22	0.29
Return on Capital Employed Ratio (in %)	0.30	0.54
Return on investment (in%)	0.01	0.00
Inventory Turnover ratio (in times)	0.49	0.42
Trade Receivables Turnover Ratio (in times)	15.22	24.53
Trade Payable Turnover Ratio (in times)	16.67	17.97

Summary of the financial and operational metrics for Chennai Super Kings Cricket Limited for the year 2025 and 2024:

Current Ratio
The current ratio decreased slightly from 1.86 in 2024 to 1.78 in 2025. This means the company still has enough current assets to cover its short-term liabilities, but its liquidity position has weakened a little compared to last year.

Debt-Equity Ratio
The ratio moved from 0.00 to 0.01, which shows the company has taken on a very small amount of debt. Overall, it is still almost debt-free and mainly funded by equity, which reduces financial risk.

Debt Service Coverage Ratio (DSCR)
The DSCR improved strongly from 32.58 to 50.57. This means the company has much higher earnings compared to the debt repayments it needs to make, so it is in a very comfortable position to pay off its debt.

Return on Equity (ROE)
ROE fell from 0.51% to 0.24%, showing that the profit earned on shareholders’ money has gone down. In simple terms, the company is giving lower returns to its owners compared to the previous year.

Net Capital Turnover Ratio
This ratio declined from 2.62 to 2.09, meaning the company is generating fewer sales from the money invested in the business. It indicates that capital is being used less efficiently this year.

Net Profit Ratio
The net profit ratio decreased from 0.29% to 0.22%. This shows that the company is earning less profit on every rupee of sales compared to last year, which means profitability has weakened.

Return on Capital Employed (ROCE)
ROCE reduced from 0.54% to 0.30%. This means the company is not using its overall capital (both equity and debt) as effectively as before to generate profits.

Return on Investment (ROI)
ROI improved slightly from 0.00% to 0.01%, but this is still very low. It indicates that investments made by the company are not providing meaningful returns.

Inventory Turnover Ratio
The ratio increased from 0.42 to 0.49. This means the company is selling its stock a little faster than last year, which is a positive sign, though the level is still on the lower side.

Trade Receivables Turnover Ratio
This ratio dropped sharply from 24.53 to 15.22. It shows customers are taking longer to pay their dues, which could affect the company’s cash flow.

Trade Payables Turnover Ratio
The ratio fell slightly from 17.97 to 16.67. This suggests the company is taking a bit more time to pay its suppliers, which may help save cash in the short term.