| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Essel Mining and Industries Limited |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Non-current assets |
|
|
|
Plant, property and equipment |
1,08,383.00 |
1,07,365.20 |
|
Capital work in progress |
54,985.99 |
27,374.16 |
|
Intangible assets |
807.19 |
132.58 |
|
Intangible assets under development |
34,905.97 |
26,957.77 |
|
Right of use – lease assets |
40,636.21 |
6,103.33 |
|
Investments in associates |
60,054.55 |
58,642.12 |
|
Other investments |
46,08,010,10 |
39,49,512.72 |
|
Loans |
311.81 |
311.81 |
|
Other financial assets |
12,915.58 |
8,758.78 |
|
Deferred tax assets |
31,678.04 |
11,462.43 |
|
Other non-current assets |
23,791.88 |
19,673.76 |
|
Current assets |
|
|
|
Inventories |
2,07,027.04 |
44,840.57 |
|
Contract assets |
13,535.03 |
5,409.43 |
|
Investments |
92,229.17 |
1,09,688.94 |
|
Loans |
4,83,102.35 |
2,65,026.17 |
|
Trade receivables |
33,722.95 |
18,715.04 |
|
Cash and cash equivalent |
9,657.37 |
2,665.58 |
|
Bank balances other than cash and cash equivalent
|
4,338.35 |
2,757.91 |
|
Other financial assets |
31,532.94 |
36,509.26 |
|
Current tax assets |
20,217.11 |
19,559.52 |
|
Other current assets |
18,893.54 |
15,004.12 |
|
Assets classified – held for sale |
3,342.69 |
- |
|
Total assets |
58,94,078.86 |
47,36,471.20 |
|
Equity share capital |
1,95,821.09 |
1,95,821.09 |
|
Other equity |
42,56,128.66 |
36,66,108.26 |
|
Non-controlling interest |
81,186.86 |
44,160.31 |
|
Non-current liabilities |
|
|
|
Borrowings |
3,33,778.26 |
3,11,662.69 |
|
Lease liabilities |
38,443.81 |
4,301.08 |
|
Other financial liabilities |
705.00 |
500.00 |
|
Provisions |
8,712.40 |
8,547.46 |
|
Deferred tax liabilities |
3,52,144.64 |
1,84,312.91 |
|
Current liabilities |
|
|
|
Borrowing |
5,15,432.20 |
2,52,925.18 |
|
Lease liability |
2,284.78 |
517.90 |
|
Trade payables |
|
|
|
Total outstanding dues of micro and small
enterprises |
2,642.30 |
1,595.78 |
|
Total outstanding dues other than above |
36,516.52 |
26,759.03 |
|
Other current financial liabilities |
23,885.67 |
8,243.76 |
|
Provisions |
1,311.54 |
1,377.16 |
|
Current tax liabilities |
3,584.39 |
2,166.87 |
|
Other current liabilities |
41,500.74 |
27,471.72 |
|
Total equity and liabilities |
58,94,078.86 |
47,36,471.20 |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Income |
|
|
|
Revenue from Operations |
3,09,235.83 |
2,29,268.50 |
|
Other Income |
33,702.96 |
35,019.46 |
|
Total Income |
3,42,938.79 |
2,64,287.96 |
|
Expenses |
|
|
|
Cost of raw material consumed |
1,53,960.43 |
69,663.78 |
|
Changes in inventories of finished goods and WIP |
-53,379.77 |
-7,323.94 |
|
Employee benefits expense |
27,653.53 |
17,791.11 |
|
Transportation and dispatch expenses |
26,634.71 |
26,902.76 |
|
Finance costs |
57,967.59 |
39,192.83 |
|
Depreciation & amortization expense |
15,401.53 |
12,762.75 |
|
Other Expenses |
1,17,835.45 |
90,979.36 |
|
Total Expenses |
3,46,073.47 |
2,49,968.65 |
|
Profit/(loss) before share of profit/(loss) and tax in equity accounted investments |
-3,134.68 |
14,319.31 |
|
Addition of share of profit/(loss) in equity
accounted investment |
2,171.28 |
1,445.45 |
|
Profit/(loss) Before Tax (including discontinued
operation) |
-963.40 |
15,764.76 |
|
Less: profit/(loss) before tax of discontinued
operation |
589.47 |
16,279.17 |
|
Profit/(loss) Before Tax from continuing
operation |
-1,552.87 |
-514.41 |
|
Current Tax |
6,136.62 |
7,664.77 |
|
MAT credit entitlement |
80.22 |
-79.55 |
|
Deferred Tax |
7,040.50 |
9,870.15 |
|
For earlier years |
-209.11 |
-572.00 |
|
Profit/ (loss) for the period after tax |
-14,601.10 |
-17,397.78 |
|
Profit/(less) before tax for discontinuing
operation |
589.47 |
16,279.17 |
|
Share of profits from associate |
313.65 |
-330.96 |
|
Profit/(loss) for the year |
-14,325.28 |
-787.65 |
|
Other comprehensive income |
|
|
|
Other comprehensive income not to be classified
to profit or (loss) : |
|
|
|
Fair value gain/(loss) on FVTOCI investment |
7,25,790.18 |
9,37,766.21 |
|
Income tax effect on above |
-1,40,598.42 |
-94,128.80 |
|
Cost of hedging reserve |
90.59 |
- |
|
Income tax effect on above |
-22.80 |
- |
|
Revaluation of property, plant & equipment |
588.64 |
7,778.70 |
|
Income tax effect on above |
-148.15 |
-1,957.74 |
|
Remeasurement gains/(loss) on defined benefit
plans |
20.30 |
-480.89 |
|
Income tax effect on above |
-5.12 |
104.37 |
|
Share of other comprehensive income of associate
enterprises |
18.26 |
26.15 |
|
Other comprehensive income for the year |
5,85,733.48 |
8,49,108.00 |
|
Total comprehensive income |
5,71,408.20 |
8,48,320.35 |
|
Earnings per share |
|
|
|
Basic |
-0.73 |
0.04 |
|
Diluted |
-0.73 |
0.04 |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Cash Flow from Operating Activities |
|
|
|
Net profit/(loss) before tax |
-3,724.15 |
-1,959.86 |
|
Adjustments: |
|
|
|
Depreciation and amortization |
14,054.81 |
10,870.40 |
|
(loss) on sale / discard of property, plant &
equipment |
-345.90 |
-3,917.59 |
|
Capital work in progress written off |
- |
2,152.26 |
|
Irrevocable loans / debts & advances written
off |
239.24 |
201.82 |
|
Fair value (loss) on
financial instrument through amortised cost |
916.76 |
553.84 |
|
Dividend income |
-27,723.93 |
-15,303.79 |
|
Unrealised foreign
exchange (loss) / (gain) |
47.27 |
-3.32 |
|
Unclaimed balances written back / liabilities and provisions no longer required written back |
-5,643.81 |
-2,492.55 |
|
Claims received |
-0.87 |
-6,075.07 |
|
Finance costs |
57,928.37 |
39,029.91 |
|
Financial guarantee
expense / (income) |
-1,415.51 |
-139.19 |
|
Interest income |
-39,842.38 |
-25,279.07 |
|
Fair value (gain) / (loss)
on financial instrument through profits/(loss) |
4,017.91 |
-752.77 |
|
(profit)/(loss) on sale
of current and long term investments |
-6,441.37 |
-4,401.43 |
|
Working
capital adjustments: |
|
|
|
Decrease/(increase) Trade
and other receivables |
-36,521.73 |
-13,937.00 |
|
Decrease/(increase)
inventories |
-1,59,290.95 |
-18,419.22 |
|
(Decrease)/increase in Trade payables, other liabilities and provisions |
41,642.04 |
10,376.73 |
|
Cash generated from operations |
-1,62,104.20 |
-29,495.90 |
|
Income tax |
-5,167.58 |
-9,905.33 |
|
Net Cash from/(used in) Operating Activities |
-1,67,271.78 |
-39,401.23 |
|
Cash Flow from Investing Activities |
|
|
|
Sale of fixed assets |
45.41 |
4,318.77 |
|
Purchase of fixed assets |
-53,219.32 |
-21,614.43 |
|
Advance against sale of PPE |
6,388.50 |
- |
|
Claims received |
0.87 |
6,075.07 |
|
Purchase of investment |
-11,52,054.94 |
-10,68,215.33 |
|
Sale /redemption of investment |
12,39,230.99 |
9,12,134.80 |
|
Loans & Inter – corporate deposits given |
-3,36,398.24 |
-1,93,582.14 |
|
Loans & Inter – corporate deposits received
back |
1,18,322.07 |
42,774.82 |
|
Fixed deposits |
7,341.71 |
12,533.27 |
|
Interest received |
36,894.10 |
23,446.87 |
|
Dividend received
(including from associate company) |
28,501.04 |
24,778.08 |
|
Net Cash from / (used in) Investing Activities |
-1,04,947.81 |
-2,57,350.22 |
|
Cash Flow from Financing Activities |
|
|
|
Proceeds from issue of equity & preference shares |
45,701.10 |
12,648.00 |
|
Proceeds from compulsorily convertible
debenture |
11,700.00 |
1,28,700.00 |
|
Proceeds from non-current
borrowings |
1,10,378.51 |
1,28,998.53 |
|
Repayment of non-current
borrowings |
-28,429.88 |
-53,659.09 |
|
Net increase/(decrease)
in short term borrowings |
1,92,434.67 |
87,982.61 |
|
Payment of actual lease
liabilities |
-889.21 |
-155.22 |
|
Interest paid |
-53,692.28 |
-33,526.32 |
|
Net Cash from/(used in) Financing Activities |
2,77,202.91 |
2,70,988.51 |
|
Net Increase/decrease in Cash & cash
equivalents |
4,983.32 |
-25,762.94 |
|
Cash and cash equivalents at the beginning of the
year |
2,665.58 |
8,309.81 |
|
Cash and cash equivalents at the end of the year |
9,657.37 |
2,665.58 |
Summary
Of The Cash Flow Statement For The Years 2025 And 2024:
Cash Flow from Operating Activities
During
FY 2024-25, the company reported a net loss before tax of ₹3,724.15 lakhs
compared to ₹1,959.86 lakhs in FY 2023-24, indicating a widening accounting
loss. Although non-cash expenses such as depreciation of ₹14,054.81 lakhs and
high finance costs of ₹57,928.37 lakhs were adjusted, operating cash flow was
heavily impacted by working capital changes. A substantial increase in
inventories of ₹1,59,290.95 lakhs and trade receivables of ₹36,521.73 lakhs
significantly blocked funds. Even though trade payables increased by ₹41,642.04
lakhs, cash generated from operations remained negative. After tax payments of
₹5,167.58 lakhs, net cash used in operating activities stood at ₹1,67,271.78
lakhs, much higher than the outflow of ₹39,401.23 lakhs in FY24, reflecting
serious operational cash pressure.
Cash Flow from
Investing Activities
Investing
activities show large capital movements during the year. The company purchased
investments worth ₹11,52,054.94 lakhs and redeemed/sold investments worth
₹12,39,230.99 lakhs. Loans and inter-corporate deposits given were ₹3,36,398.24
lakhs, while ₹1,18,322.07 lakhs were received back. Capital expenditure
increased to ₹53,219.32 lakhs. The company also earned dividend income of
₹28,501.04 lakhs and interest income of ₹36,894.10 lakhs. Overall, net cash
used in investing activities was ₹1,04,947.81 lakhs compared to ₹2,57,350.22
lakhs in FY24, indicating continued but relatively lower investment outflow
than the previous year.
Cash Flow from
Financing Activities
Financing
remained the major source of funds. During FY25, the company raised ₹45,701.10
lakhs through equity and ₹11,700.00 lakhs through compulsorily convertible
debentures. Non-current borrowings amounted to ₹1,10,378.51 lakhs, and
short-term borrowings increased significantly by ₹1,92,434.67 lakhs. Although
repayments of ₹28,429.88 lakhs were made and interest of ₹53,692.28 lakhs was
paid, net cash generated from financing activities stood strong at ₹2,77,202.91
lakhs, slightly higher than ₹2,70,988.51 lakhs in FY24. This indicates heavy
reliance on borrowed funds to sustain operations and investments.
Overall Cash
Position
Due to strong financing inflows offsetting operating and investing outflows, the company recorded a net increase in cash and cash equivalents of ₹4,983.32 lakhs in FY25, compared to a decrease of ₹25,762.94 lakhs in FY24. Cash balance improved from ₹2,665.58 lakhs at the beginning of the year to ₹9,657.37 lakhs at the end of the year. However, the improvement in liquidity is primarily supported by external borrowings rather than internal cash generation, which may pose sustainability concerns in the long term.
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Current ratio |
13.87 |
15.69 |
|
Debt
equity ratio |
0.08 |
0.10 |
|
Debt service coverage ratio |
0.95 |
1.02 |
|
Return
on equity ratio |
0.01 |
0.00 |
|
Inventory
turnover ratio |
4.14 |
4.00 |
|
Trade
receivables ratio |
8.45 |
13.98 |
|
Trade
payables turnover ratio |
4.22 |
6.44 |
|
Net capital turnover ratio |
0.13 |
0.17 |
|
Net profit ratio |
0.31 |
0.07 |
|
Return
on capital employed |
2.05 |
1.43 |
|
Return
on Investments |
0.38 |
0.78 |
Summary
Of The Financial Ratios For The Years 2025 And 2024:
Current Ratio
The current ratio
decreased from 15.69 in FY24 to 13.87 in FY25. Although it has declined
slightly, the ratio remains extremely high, indicating a very strong short-term
liquidity position. The company has significantly more current assets than
current liabilities, suggesting low liquidity risk but possible inefficient
utilization of working capital.
Debt-Equity
Ratio
The debt-equity
ratio reduced from 0.10 to 0.08, reflecting lower reliance on external
borrowings. This indicates a conservative capital structure with minimal
financial risk and strong equity backing.
Debt Service
Coverage Ratio
The DSCR declined
from 1.02 to 0.95. A ratio below 1 suggests that operating earnings are
slightly insufficient to comfortably cover debt servicing obligations,
indicating some pressure on repayment capacity.
Return on Equity
ROE marginally
improved from 0.00 to 0.01. However, the return remains extremely low, showing
that shareholders are earning negligible returns on their invested capital.
Inventory Turnover
Ratio
Inventory turnover
improved slightly from 4.00 to 4.14 times, indicating better inventory
management and slightly faster movement of stock during FY25.
Trade
Receivables Turnover Ratio
The receivables
turnover ratio declined significantly from 13.98 to 8.45, indicating slower
collection from customers and increased credit period, which may impact
liquidity.
Trade Payables
Turnover Ratio
The trade payables
turnover ratio decreased from 6.44 to 4.22, suggesting the company is taking a
longer time to pay its suppliers, possibly to manage cash flow pressures.
Net Capital
Turnover Ratio
The ratio decreased
from 0.17 to 0.13, indicating reduced efficiency in utilizing capital to
generate revenue during FY25.
Net Profit Ratio
The net profit ratio
improved from 0.07% to 0.31%, reflecting better profitability compared to the
previous year, though margins remain very low.
Return on
Capital Employed
ROCE improved from
1.43% to 2.05%, showing better utilization of overall capital employed,
although returns are still modest.
Return on
Investments
Return on investments declined from 0.78% to 0.38%,
indicating lower earnings generated from investment activities during FY25.
