DTL India Holdings Limited Annual Report and Financials

DTL India Holdings Limited Consolidated Balance Sheet (Rs in lakhs)

Particulars	2025	2024
ASSETS
Non-current assets
Property, Plant and Equipment	92.40	114.22
Investments	883.95	1.990.41
Other non-current assets	10.07
Total Non Current Assets	986.42	2,104.63
Current assets
Inventories	976.00	1.269.85
Trade receivables	636.84	1.268.30
Cash and cash equivalents	5.38	8.77
Loans	0.25	-
Other Financial Assets	388.98	401.37
Other current assets	403.83	655.87
Total Current Assets	2,411.28	3,604.16
TOTAL ASSETS	3,397.70	5,708.79
EQUITY AND LIABILITIES
1.Equity
Equity Share capital	106.95	106.95
Reserves and surplus	(406.05)	1,188.61
Other reserves	7.74	7.74
Equity attributable to equity holders	(291.36)	1,303.30
Total Equity	(291.36)	1,303.30
2. Liabilities
Non-current liabilities
Deferred Tax Liability	6.48	10.55
Other Non Current Liabilities	683.29	879.70
Total Non Current Liabilities	689.77	890.25
Current liabilities
Borrowings	503.47	539.44
Dues to Micro, Small and Medium Enterprises	2,323.04	2,637.77
Others	149.96	306.13
Other financial liabilities	13.08	22.12
Other current liabilities	7.98	8.01
Provisions	1.75	1.75
Total Current Liabilities	2,999.28	3,515.24
TOTAL EQUITY AND LIABILITIES	3,397.70	5,708.79

 DTL India Holdings Limited Consolidated Profit & Loss Statement (Rs in lakhs)

Particulars	2025	2024
Revenue
Revenue From Operation	1,242.15	8,189.48
Other Income	83.51	50.51
Total Revenue	1,325.66	8,240.00
Expenses
Cost of Materials Consumed	867.56	7,881.12
Changes in Inventories of Finished Goods and Work-in-Progress	293.85	68.30
Employee benefit expenses	124.75	183.92
Finance Cost	52.05	15.31
Depreciation and amortization expenses	21.82	28.01
Other Expenses	457.19	484.05
Total Expenses	1,817.22	8,660.71
Profit before exceptional, extraordinary and prior period items and tax	(491.56)	(420.71)
Profit before tax	(491.56)	(420.71)
Tax Expenses	(4.07)	(4.06)
Profit (Loss) for the period from continuing operations	(487.49)	(416.65)
Earning per share
Basic & Diluted	(0.00)	(0.00)

 DTL India Holdings Limited Consolidated Cash Flow Statement(Rs in lakhs)

Particulars	2025	2024
Cash Flow From Operating Activities
Net Profit before tax and extraordinary items (as per statement of P&L)	(491.56)	(420.71)
Adjustments for Non Cash /Non trade items:
Depreciation & Amortization Expenses	21.82	28.01
Interest expenses	47.13	1.99
Interest income -financial assets	(26.85)	(31.17)
Profit from Investement in Firm	(0.70)	(4.38)
Operating profits before working capital changes	(450.17)	(426.25)
Adjusted for:
(Increase)/Decrease in Loans (Non-Current Financial Assets)	(0.70)	(4.89)
(Increase) /Decrease in Other Assets (Non-Current Financial Assets)	-	-
(Increase) Decrease in Other non-current assets	(10.07)	-
(Increase) Decrease in Inventories	293.85	68.30
(Increase)/Decrease in Trade Receivables (Current)	631.46	(4.85)
(Increase)/Decrease in Loans (Current Financial Assets)	(0.25)	62.83
(Increase)/Decrease in Other Financial Assets - (Current)	12.39	(143.00)
(Increase) Decrease in Other Current Assets	252.04	(179.26)
Increase/(Decrease) in Provisions (Non-Current)	-	-
Increase/(Decrease) in Trade Payables	(470.91)	234.24
Increase/(Decrease) in Other financial liabilities (Current)	(9.05)	(2.65)
Increase/(Decrease) in Other current liabilities (Current)	(0.03)	5.10
Increase/(Decrease) in Provisions (Current)	-	(0.39)
Cash Generated from Operations	248.56	(390.82)
Net Cash flow from Operating Activities	248.56	(390.82)
Cash Flow From Investing Activities
Payment for Purchase of Property. Plant and Equipment	-	(0.51)
Profit form Investment in firm	0.70	4.38
Interest Income From Investment	26.85	31.17
Proceesda from Slump Sale of otber assets	-	-
Proceed from Sale of Property, Plant and Equipment	-	-
Net Cash used in Investing Activities	27.56	35.03
Cash Flow From Financing Activities
Repayment of Borrowings -Current	(35.97)	494.20
Interest Expenses	(47.13)	(1.99)
Proceeds/ Repayment from Borrowings -Non Curent	(196.41)	(134.40)
Buy Back of Equity Shares(Including Preminm)	-	(10.61)
Finance Lease Liability	-	-
Net Cash used in Financing Activities	(279.51)	347.20
Net Increase/(Decrease) in Cash & Cash Equivalents	(3.39)	(8.38)
Cash & Cash Equivalents at Beginning of period	8.77	17.35
Cash & Cash Equivalents at End of period	5.38	8.77
Net Increase/(Decrease) in Cash & Cash Equivalents	(3.39)	(8.5S)

Cash Flow Statement Analysis of DTL India Holdings Limited

(For the year ended 31 March 2025 with comparative figures for 2024 — Amounts in ₹ Lakhs)

The Cash Flow Statement of DTL India Holdings Limited reflects operational recovery during FY 2025 despite continued accounting losses. The activity-wise analysis is presented below:

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1.Cash Flow from Operating Activities

The Company reported a net loss before tax of ₹491.56 lakhs in FY 2025 as compared to a loss of ₹420.71 lakhs in FY 2024, indicating a marginal deterioration at the profit level.

Non-Cash Adjustments:

• Depreciation & amortization reduced to ₹21.82 lakhs (₹28.01 lakhs in 2024).

• Interest expenses increased significantly to ₹47.13 lakhs (₹1.99 lakhs in 2024).

• Interest income stood at ₹26.85 lakhs.

• Share of profit from investment in firm amounted to ₹0.70 lakhs.

After these adjustments, the operating loss before working capital changes stood at ₹(450.17) lakhs, broadly similar to FY 2024.

Working Capital Movement:

The key driver of operating cash flow improvement was favourable working capital movement:

• Inventory reduction: ₹293.85 lakhs inflow

• Trade receivables reduction: ₹631.46 lakhs inflow

• Increase in other current assets and financial assets also contributed positively

• However, trade payables declined by ₹470.91 lakhs, resulting in cash outflow

Due to substantial realization of receivables and reduction in inventories, the Company generated positive cash from operations of ₹248.56 lakhs, compared to a negative ₹390.82 lakhs in FY 2024.

Conclusion – Operating Activities:

Despite reporting accounting losses, the Company successfully generated operating cash flows in FY 2025, primarily driven by efficient working capital management. This indicates improved liquidity discipline and stronger cash conversion during the year.

2.Cash Flow from Investing Activities

Investing activities remained limited during FY 2025.

• No significant capital expenditure during the year (nil purchase of PPE).

• Interest income received: ₹26.85 lakhs.

• Profit from investment in firm: ₹0.70 lakhs.

As a result, the Company generated a net cash inflow of ₹27.56 lakhs from investing activities (₹35.03 lakhs in FY 2024).

Conclusion – Investing Activities:

The Company maintained a conservative investment approach with minimal capital expenditure, and investing inflows were mainly from interest income rather than asset sales or expansion.

3.Cash Flow from Financing Activities

Financing activities reflect debt servicing and repayment:

• Repayment of current borrowings: ₹35.97 lakhs

• Repayment of non-current borrowings: ₹196.41 lakhs

• Interest payment: ₹47.13 lakhs

Total net cash outflow from financing activities amounted to ₹279.51 lakhs, compared to a net inflow of ₹347.20 lakhs in FY 2024 (when borrowings were higher).

Conclusion – Financing Activities:

The Company reduced its debt exposure during FY 2025 through repayment of borrowings. While this strengthens the balance sheet structure, it exerted pressure on cash reserves.

Overall Assessment

• * The Company continues to incur accounting losses.

• * However, operational cash generation improved significantly in FY 2025.

• * Working capital efficiency (especially recovery of receivables and reduction of inventory) was the key contributor.

• * Debt repayment indicates financial discipline but reduced liquidity levels.

• * Investing activity remained conservative with no major capital expansion.

Professional Opinion:

DTL India Holdings Limited shows early signs of operational stabilization through improved cash flow management. Sustained profitability and controlled financing outflows will be critical for strengthening liquidity and long-term financial sustainability.