| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Denim Developers Limited |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Non Current Assets |
|
|
|
Property, Plant and
Equipment |
62,652.19 |
69,009.97 |
|
Goodwill |
4,115.36 |
4,115.36 |
|
Investments |
398,426.10 |
275,411.60 |
|
Loans |
208,975.78 |
3,36,565.92 |
|
Other Non Current
Financial Assets |
6,865.91 |
19,219.41 |
|
Deferred tax assets (net) |
- |
- |
|
Other Non Current Assets |
314,250.09 |
1,23,536.91 |
|
Current Assets |
|
|
|
Inventories |
215,428.53 |
3,14,452.16 |
|
Trade Receivables |
19,620.56 |
16,239.80 |
|
Cash and Cash Equivalents |
8,919.50 |
30,750.28 |
|
Bank Balance other than
(ii) above |
30,000.00 |
8,962.51 |
|
Loans |
49,538.99 |
- |
|
Other Current Financial
Assets |
76,829.78 |
76,972.35 |
|
Current Tax Assets (Net) |
1,680.08 |
|
|
Other Current Assets |
50,196.68 |
70,518.94 |
|
Total Assets |
1,447,499.56 |
13,45,755.20 |
|
Equity |
|
|
|
Equity Share Capital |
1,06,141.56 |
1,06,141.56 |
|
Other Equity |
1,265,053.75 |
11,28,338.90 |
|
Non Current Liabilities |
|
|
|
Provisions |
372.12 |
329.34 |
|
Deferred tax liabilities
(Net) |
5,785.11 |
5,103.12 |
|
Current Liabilities |
|
|
|
Current Borrowings |
5,020.00 |
5,020.00 |
|
Trade Payable |
|
|
|
total outstanding
dues of micro and small enterprises |
|
- |
|
total outstanding dues of
creditors other than micro enterprises and small enterprises. |
33.50 |
197.38 |
|
Other Current Financial
Liabilities |
4,223.33 |
7,095.02 |
|
Other Current Liabilities |
27,638.26 |
50,831.94 |
|
Current Provisions |
190.04 |
165.33 |
|
Current Tax Liabilities
(net) |
33,041.89 |
42,532.61 |
|
Total Equity and
Liabilities |
1,447,499.56 |
13,45,755.20 |
Denim Developers Limited Consolidated Profit & Loss Statement (Rs in Thousands)
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Revenue from Operations |
603,208.77 |
7,38,478.47 |
|
Other Income |
12,603.33 |
10,430.92 |
|
Total Income |
|
7,48,909.39 |
|
Expenses |
|
|
|
Cost of Materials consumed |
165,586.52 |
1,58,100.86 |
|
Purchases of
stock-in-trade |
75,739.02 |
2,27,745.48 |
|
Changes in inventories of
finished goods, Stock-in -Trade and WIP |
99,023.63 |
28,455.91 |
|
Employee Benefits Expense |
4,370.77 |
5,166.60 |
|
Finance Costs |
1,848.19 |
768.79 |
|
Depreciation and
Amortization Expense |
6,357.33 |
4,523.24 |
|
Other Expenses |
75,522.75 |
1,32,320.63 |
|
Total Expenses |
428,448.20 |
5,57,081.50 |
|
Profit / (Loss) before
exceptional items and tax |
187,363.89 |
1,91,827.89 |
|
Exceptional Items /
(Income) |
(6.75) |
(6,059.56) |
|
Profit / (Loss) before tax |
187,370.64 |
1,97,887.45 |
|
Current Tax |
49,845.20 |
44,781.67 |
|
MAT |
- |
1,871.28 |
|
Deferred Tax |
6.54 |
7,285.44 |
|
Previous Year Tax |
- |
808.92 |
|
Profit / (Loss) for the
period from continuing operations |
137,518.90 |
1,43,140.15 |
|
Share in profit/ (Loss) of
the associate (Net of Tax) |
(2,812.36) |
13,813.04 |
|
Total Profit |
134,706.54 |
1,56,953.19 |
|
Other comprehensive income |
|
|
|
Items that will not be
reclassified to profit or loss |
|
|
|
Equity Instruments through
Other Comprehensive Income |
2,751.66 |
2,372.37 |
|
Income tax relating to
items that will not be reclassified to profit or loss on above |
(692.54) |
(597.08) |
|
Remeasurement of
Post-employment benefit obligation |
(67.90) |
(5.96) |
|
Income tax relating to
items that will not be reclassified to profit or loss on above |
17.09 |
1.50 |
|
Other Comprehensive Income
/ (Loss) for the year, Net of Tax |
2,008.31 |
1,770.84 |
|
Total comprehensive Income
/ (Loss) for the year |
136,714.85 |
1,58,724.02 |
|
Net Profit/(Loss)
attributable to: |
|
|
|
Owners of equity |
134,706.56 |
1,56,951.78 |
|
Non- Controlling interest |
(0.02) |
1.41 |
|
Other Comprehensive Income
attributable to : |
|
|
|
Owners of equity |
2,008.31 |
1,770.84 |
|
Total Comprehensive Income
attributable to : |
|
|
|
Owners of equity |
136,714.87 |
1,58,722.62 |
|
Non- Controlling interest |
(0.02) |
1.41 |
|
Earnings per equity share |
|
|
|
Basic and Diluted |
12.69 |
14.79 |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Cash Flow from operating
activities |
|
|
|
Profit after income tax |
187,370.64 |
1,97,887.45 |
|
Adjustments for non cash
and non operating items |
|
|
|
Interest received |
(12,603.33) |
(10,430.92) |
|
Finance costs |
1,848.19 |
768.79 |
|
(Profit)/loss on sale of
Property, plant & equipment |
(6.75) |
|
|
Depreciation |
6,357.33 |
4,523.24 |
|
Operating Cash Profit
before Working Capital Changes |
182,966.08 |
1,92,748.56 |
|
Change in operating assets
and liabilities |
|
|
|
(Increase)/decrease in
Other Non Current Assets |
(190,713.19) |
(115,656.81) |
|
(Increase)/decrease in
other current assets |
20,322.26 |
(60,825.97) |
|
(Increase)/decrease in Non
Current Financial Assets |
12,353.50 |
(16,095.53) |
|
(Increase)/decrease in
Current Financial Assets |
(20,894.93) |
(2,897.02) |
|
(Increase)/decrease in
inventories |
99,023.63 |
28,455.91 |
|
(Increase)/decrease in
trade receivables |
(3,380.75) |
89,359.82 |
|
(Increase)/decrease in
Other Financial Liability |
(2,871.69) |
6,542.07 |
|
Increase/(decrease) in
trade payables |
(163.88) |
(14,989.44) |
|
Increase/(decrease) in
other current liabilities |
(23,193.68) |
38,260.22 |
|
Increase/(decrease) in
provisions |
(0.41) |
55.66 |
|
Cash outflow from
operations |
73,446.94 |
1,44,957.47 |
|
Income taxes paid |
61,016.00 |
37,548.65 |
|
Net cash outflow from
operating activities |
12,430.95 |
1,07,408.82 |
|
Cash inflow from investing
activities: |
|
|
|
(Acquisition of
Investments) / Sale of Investment |
(123,075.20) |
(1.50) |
|
Loan (given)/ received
back |
(49,538.99) |
25,720.77 |
|
Other Business Advances
given |
127,590.14 |
(84,800.64) |
|
Sale/(Purchase) of
property, plant and equipment(net) |
7.19 |
(37,758.07) |
|
Interest received |
12,603.33 |
10,430.92 |
|
Net cash inflow from
investing activities |
(32,413.53) |
(86,408.51) |
|
Cash outflow from
financing activities |
|
|
|
Proceeds from /
( Repayment of ) Borrowings |
|
- |
|
Interest paid |
(1,848.19) |
(768.79) |
|
Net cash outflow from
financing activities |
(1,848.19) |
(768.79) |
|
Net increase/(decrease) in
cash and cash equivalents |
(21,830.77) |
20,231.52 |
|
Add: Cash and cash
equivalents at the beginning of the financial year |
30,750.28 |
10,518.76 |
|
Cash and cash equivalents
at the end of the year |
8,919.50 |
30,750.28 |
Cash Flow Analysis & Summary (FY2025 vs FY2024)
Based on the company’s cash flow statement, the overall liquidity position during FY2025 weakened compared with FY2024, primarily due to lower operating cash generation and higher investment deployment.
Operating Activities:
The company generated operating cash profit before working capital changes of ₹1.83 lakh (approx.) in FY2025; however, heavy movements in working capital—especially increases in non-current assets and financial assets—significantly reduced cash conversion. After tax payments of ₹61,016, net cash from operations stood at only ₹12,431 compared with a strong ₹1,07,409 in FY2024. This indicates pressure on core cash generation despite accounting profitability.
Investing Activities:
The company recorded a net cash outflow of ₹32,414 driven by investment acquisition and loans extended, partly offset by recovery of business advances and interest income. FY2024 also reflected negative investment cash flow, indicating an ongoing capital deployment strategy for future growth.
Financing Activities:
Financing cash flows remained minimal, with only interest payments recorded and no major borrowing or repayment activity. This suggests reliance on internal accruals rather than external funding.
Overall Liquidity Position:
Due to weak operating cash flow and continued investment outflows, cash and cash equivalents declined to ₹8,920 at the end of FY2025 from ₹30,750 in FY2024. The net decrease of ₹21,831 highlights tighter short-term liquidity during the year.
Overall Summary:
The company remains operationally profitable but FY2025 cash flows reflect a transition phase—where funds were deployed into investments and assets, resulting in reduced operating surplus and lower liquidity. Sustainable improvement in operating cash conversion will be a key driver of financial strength in the coming periods.
|
Particulars |
2025 |
2024 |
|
Current ratio |
4.66 |
3.95 |
|
Debt Equity ratio |
0.004 |
0.004 |
|
Debt Service coverage
ratio |
28.21 |
20.95 |
|
Return on equity ratio |
11.63% |
9.75% |
|
Inventory turnover ratio |
0.60 |
0.37 |
|
Trade recivables turnover
ratio |
116.92 |
36.01 |
|
Trade payables turnover
ratio |
3,367.06 |
22.9 |
|
Net capital turnover ratio |
1.38 |
0.88 |
|
Net profit ratio |
39.34% |
40.66% |
|
Return on capital employed |
14.98% |
12.69% |
Here is a summary of the financial and operational metrics for Denim Developers Limited for the year 2025 and 2024:
The company’s financial performance in FY2025 reflects improved liquidity, efficiency, and returns, while maintaining a conservative leverage position.
Liquidity position:
The current ratio improved to 4.66 from 3.95, indicating a strong short-term solvency position and comfortable coverage of current liabilities. This suggests prudent working capital management and low liquidity risk.
Leverage & solvency:
The debt–equity ratio remained extremely low at 0.004, reflecting a virtually debt-free balance sheet and conservative capital structure. The Debt Service Coverage Ratio (DSCR) rose significantly to 28.21 from 20.95, highlighting strong capacity to service obligations from operating earnings.
Profitability:
Return on Equity (ROE) increased to 11.63% from 9.75%, indicating improved returns for shareholders.
Return on Capital Employed (ROCE) strengthened to 14.98% from 12.69%, reflecting better utilization of capital.
Net Profit Ratio declined slightly to 39.34% from 40.66%, suggesting marginal pressure on margins despite higher operating performance.
Operational efficiency:
Inventory turnover ratio improved to 0.60 from 0.37, indicating better inventory movement.
Trade receivables turnover surged to 116.92 from 36.01, reflecting faster collection cycles and stronger credit control.
Trade payables turnover increased sharply to 3,367.06 from 22.9, suggesting very quick settlement of supplier dues or minimal outstanding payables.
Net capital turnover ratio rose to 1.38 from 0.88, demonstrating improved efficiency in using capital to generate revenue.
The company exhibited strong financial health in FY2025, characterized by robust liquidity, minimal leverage, improved capital efficiency, and enhanced operational performance. While profitability margins saw a marginal dip, the rise in ROE, ROCE, and turnover ratios indicates better deployment of resources and strengthening core operations.
