| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Goodluck Defence and Aerospace Limited |
|
Particular |
31-03-2025 |
31-03-2024 |
|
Non- Current assets |
||
|
Property, Plant and Equipment |
1,666.30 |
1,666.30 |
|
Capital work-in-progress |
21,179.47 |
363.95 |
|
Other non-current assets |
84.52 |
3.00 |
|
Current assets |
||
|
Inventories |
118.53 |
- |
|
Cash and cash equivalents |
95.32 |
10,413.13 |
|
Other balance with bank |
1,922.57 |
85.18 |
|
Other current assets |
7,559.04 |
4,547.61 |
|
Total Assets |
32,625.75 |
17,079.17 |
|
Equity |
||
|
Equity Share Capital |
4,911.00 |
4,911.00 |
|
Other Equity |
12,491.51 |
12,103.63 |
|
Non-current liabilities |
||
|
Provisions |
4.76 |
2.41 |
|
Current liabilities |
||
|
Borrowings |
12,465.12 |
- |
|
Trade payables |
14.66 |
0.50 |
|
Provisions |
57.12 |
51.48 |
|
Other current liabilities |
2,681.58 |
10.15 |
|
Total equity and liabilities |
32,625.75 |
17,079.17 |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Revenue |
|
|
|
Other Income |
698.50 |
303.68 |
|
Total income |
698.50 |
303.68 |
|
Expenses |
|
|
|
Finance cost |
172.04 |
- |
|
Other expenses |
1.00 |
43.14 |
|
Total expenses |
173.04 |
43.14 |
|
Profit/(Loss) Before Tax |
525.46 |
260.54 |
|
Income tax from previous year |
5.33 |
- |
|
Current tax |
132.25 |
76.30 |
|
Profit for the year |
387.88 |
184.24 |
|
Earnings per equity share (in Rs.) |
|
|
|
Basic and Diluted |
0.79 |
1.01 |
|
Particular |
31-03-2025 |
31-03-2024 |
|
Cash Flow From Operating Activities |
|
|
|
Net Profit Before Tax as per statement of profit and loss |
525.46 |
260.54 |
|
Adjustments for: |
|
|
|
Interest income |
(698.50) |
(303.68) |
|
Operating Profit before Working Capital Changes |
(173.04) |
(43.14) |
|
Adjustments for: |
|
|
|
Increase/
(Decrease) in Trade payable |
14.16 |
0.50 |
|
Increase/
(Decrease) in other payable |
2,673.78 |
12.56 |
|
(Increase)
/ Decrease in Inventories |
(118.53) |
- |
|
(Increase)
/ Decrease in Other receivable |
(4,930.34) |
(4,635.79) |
|
Cash Generated from Operating Activities |
(2,533.97) |
(4,665.87) |
|
Tax paid |
(131.94) |
(24.82) |
|
Net Cash flow from Operating Activities |
(2,665.91) |
(4,690.69) |
|
Cash Flow From Investing Activities |
|
|
|
Capital
expenditure on property, plant & equipment |
(20,815.52) |
(2,030.25) |
|
Interest received |
698.50 |
303.68 |
|
Net Cash Used in investing Activities |
(20,117.01) |
(1,726.57) |
|
Cash Flow From Financing Activities |
|
|
|
Proceeds
from issue of Equity Shares & Warrants |
- |
17,651.00 |
|
Payment
related to Share issue expenses |
- |
(820.61) |
|
Proceeds
from short term borrowings |
12,465.12 |
- |
|
Net Cash Flow From Financing Activities |
12,465.12 |
16,830.39 |
|
Net Increase in Cash and Cash Equivalents |
(10,317.81) |
10,413.13 |
|
Opening balance of cash and cash equivalents |
10,413.13 |
- |
|
Closing balance of cash and cash
equivalents |
95.32 |
10,413.13 |
Summary of
the Cash Flow Statement for the years 2025 and 2024:
Operating Activities
The
company recorded a net profit before tax of ₹525.46 lakhs in 2025
against ₹260.54 lakhs in 2024. However, due to higher receivables and
inventory build-up, the business reported a negative cash flow of
₹(2,665.91) lakhs in 2025, though this is slightly better than the previous
year’s ₹(4,690.69) lakhs outflow.
This shows that while profits improved, cash generation from core operations is
still weak.
Investing Activities
In 2025,
the company made significant capital expenditure of ₹20,815.52 lakhs
compared to only ₹2,030.25 lakhs in 2024. Interest income contributed ₹698.50
lakhs but was not enough to offset the heavy spending. As a result, there
was a net outflow of ₹20,117.01 lakhs in 2025, much higher than the ₹1,726.57
lakhs in 2024.
This indicates aggressive investments in assets, possibly for expansion, but it
puts pressure on short-term liquidity.
Financing Activities
To
support its funding needs, the company raised ₹12,465.12 lakhs in 2025
through short-term borrowings. In comparison, ₹16,830.39 lakhs was
raised in 2024, mainly through equity issue and borrowings.
Financing has been an important source of liquidity, but reliance on borrowings
has increased in 2025.
Overall Cash Position
The
company saw a net decrease of ₹10,317.81 lakhs in 2025, leaving the
closing cash balance at only ₹95.32 lakhs, compared to ₹10,413.13
lakhs in 2024.
This reflects strong investments but a tight liquidity position.
|
Particular |
31-03-2025 |
31-03-2024 |
|
Current Ratio (in times) |
0.64 |
242.13 |
|
Return on Equity Ratio (in %) |
2.25% |
2.17% |
|
Return on Capital Employed Ratio (in %) |
3.02% |
9.67% |
Summary of the financial ratio for
the years 2025 and 2024:
Current Ratio
The
current ratio dropped to 0.64 in 2025 from an abnormally high 242.13
in 2024. A ratio below 1 indicates that the company’s short-term
liabilities are higher than its short-term assets, which is a sign of weak
liquidity and potential difficulty in meeting obligations. The 2024 figure
looks unrealistic, likely because of one-time factors such as very low current
liabilities, so the 2025 number gives a more realistic picture of strained
liquidity.
Return on Equity (ROE)
ROE
slightly increased from 2.17% in 2024 to 2.25% in 2025. Although
this shows a small improvement, the returns remain very low. This means that
the company is not generating strong profits for its shareholders relative to
their investment, and efficiency in using equity capital is quite weak.
Return on Capital Employed (ROCE)
ROCE
declined sharply from 9.67% in 2024 to 3.02% in 2025. This is a
concerning sign, as it indicates the company’s ability to generate returns from
the total capital employed (both equity and debt) has weakened significantly.
Lower ROCE means the company is not using its resources effectively to generate
profits.
