| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Asscher Enterprises Limited |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Non-Current
Assets |
|
|
|
Property,
plant and Equipment |
11,234.33 |
11,347.90 |
|
Capital
Work-in-progress |
4,298.60 |
4,307.44 |
|
Investment
property |
716.76 |
808.02 |
|
Goodwill
on Consolidation |
6,558.61 |
2,364.34 |
|
Right
to Use Assets |
128.25 |
83.29 |
|
Intangible Assets |
2,115.69 |
- |
|
Investments accounted for using the
equity method |
4.39 |
28.55 |
|
Investments |
34,071.74 |
36,454.04 |
|
Loans |
150.00 |
1,275.00 |
|
Other
Financial assets |
105.49 |
76.80 |
|
Other
non-current assets |
0.77 |
7.95 |
|
Current
Assets |
|
|
|
Inventories |
56.22 |
- |
|
Investments |
530.11 |
4,897.49 |
|
Trade
Receivables |
1,004.08 |
845.27 |
|
Cash
and Cash equivalents |
988.91 |
941.45 |
|
Bank
Balance other than Cash and Cash equivalents |
1,042.54 |
9.88 |
|
Other
Financial Assets |
346.13 |
34.13 |
|
Current
Tax Assets (Net) |
117.22 |
178.11 |
|
Other
Current Assets |
254.69 |
270.14 |
|
Total
Assets |
63,724.53 |
63,929.80 |
|
Equity |
|
|
|
Equity
Share Capital |
1,022.56 |
1,022.56 |
|
Other
Equity |
47,816.58 |
50,221.83 |
|
Non-Controlling
Interest |
7,236.63 |
6,169.75 |
|
Non-Current
Liabilities |
|
|
|
Lease
Liabilities |
92.96 |
44.99 |
|
Other
Financial Liabilities |
386.26 |
346.90 |
|
Provisions |
177.98 |
22.09 |
|
Deferred
Tax Liabilities (Net) |
4,127.56 |
3,866.74 |
|
Other
non-current Liabilities |
244.40 |
280.80 |
|
Current
Liabilities |
|
|
|
Borrowings |
166.36 |
- |
|
Lease
Liabilities |
47.29 |
44.51 |
|
Dues
of Micro and Small Enterprises |
46.00 |
80.95 |
|
Dues of Creditors other than Micro and
Small Enterprises |
1,154.78 |
1,097.56 |
|
Others
Financial Liabilities |
782.86 |
378.62 |
|
Other
current Liabilities |
307.50 |
269.35 |
|
Provisions |
93.21 |
83.15 |
|
Current
tax liabilities (net) |
21.60 |
- |
|
Total
Equity and Liabilities |
63,724.53 |
63,929.80 |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Income |
|
|
|
Revenue
from operations |
5,537.73 |
3,035.20 |
|
Other
Income |
901.95 |
555.23 |
|
Total
Income |
6,439.68 |
3,590.43 |
|
Expenses |
|
|
|
Cost
of material consumed |
19.64 |
- |
|
Purchase
of stock in trade |
1,365.77 |
- |
|
Other
Direct Costs |
409.56 |
142.37 |
|
Employee
Benefits Expense |
817.24 |
535.67 |
|
Finance
Costs |
53.42 |
55.55 |
|
Depreciation
and amortization expenses |
396.70 |
415.72 |
|
Other
Expenses |
859.07 |
965.33 |
|
Total
Expenses |
3,921.40 |
2,114.64 |
|
Profit
before share of profit of an associates, and tax |
2,518.28 |
1,475.79 |
|
Share
of Profit from Associate companies (Accounted for using equity method) |
-336.52 |
7.50 |
|
Profit
Before Tax |
2,181.76 |
1483.29 |
|
Current
Year Tax |
767.10 |
1637.65 |
|
Previous
Year Tax |
-18.36 |
-2.42 |
|
Deferred
Tax |
270.82 |
-1137.53 |
|
Profit
for the year |
1,162.20 |
985.59 |
|
Other
Comprehensive Income |
|
|
|
Items
that will not be reclassified to profit or loss |
|
|
|
Net
Gain / (Loss) on Fair Valuation of Equity Instruments through OCI |
-2,700.69 |
6427.71 |
|
Remeasurement
gains/losses on defined benefit plan |
5.52 |
-3.02 |
|
Income
tax effect on above |
-51.08 |
-734.42 |
|
Items
that will be reclassified to profit or loss |
|
|
|
Exchange
differences in translating the financial statements of a foreign operation. |
12.92 |
-2.78 |
|
Total
Other Comprehensive Income |
-2,733.33 |
5,687.49 |
|
Total
Comprehensive Income |
-1,571.13 |
6,673.08 |
|
Profit
/ (Loss) attributable to: |
|
|
|
Equity
Shareholders of Parent |
354.20 |
335.46 |
|
Non-Controlling
Interest |
808.00 |
650.13 |
|
Other
Comprehensive Income attributable to: |
|
|
|
Equity
Shareholders of Parent |
-2,756.86 |
5,702.73 |
|
Non-Controlling
Interest |
23.53 |
-15.24 |
|
Total
Comprehensive Income attributable to: |
|
|
|
Equity
Shareholders of Parent |
-2,402.66 |
6,038.19 |
|
Non-Controlling
Interest |
831.53 |
634.89 |
|
Earning
per Equity Share(Face Value of Rs 10/- each) |
|
|
|
Basic
and Diluted in Rs |
3.43 |
3.25 |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Cash
Flow from Operating Activities |
|
|
|
Net
Profit/ (Loss) Before Tax and share of associate and after exceptional item |
2,518.28 |
1,475.79 |
|
Adjustments
For: |
|
|
|
Depreciation
of Asset |
396.70 |
415.72 |
|
Profit
on sale of Investment |
-65.43 |
- |
|
Gain
on loss of control in subsidiary |
-21.20 |
- |
|
Profit
on sale of assets |
-0.17 |
-1.59 |
|
Interest
Income |
-370.97 |
-44.46 |
|
Interest
Expenses |
53.43 |
55.55 |
|
Gain
on changes in fair value of investments |
-14.70 |
-66.54 |
|
Provision
for Doubtful debts |
8.60 |
67.97 |
|
Credit
balance – written back |
- |
-243.63 |
|
Exchange
rate differences |
-16.56 |
- |
|
Dividend
Income |
-368.85 |
-188.73 |
|
Operating
profit / (loss) before working capital changes |
2,119.13 |
1,470.08 |
|
Adjustments
for: |
|
|
|
Trade
and other receivables |
492.87 |
-475.04 |
|
Trade
payables and other liabilities |
875.57 |
50.83 |
|
Cash
generated from/(used in) operations |
3,487.57 |
1,045.87 |
|
Direct
taxes paid (Net of refunds) |
-743.13 |
-1,460.57 |
|
Net
cash flow from/(used in) operating activity |
2,744.44 |
-414.70 |
|
Cash
Flow from Investing Activities |
|
|
|
Purchase
of PPE and Capital Work in Progress |
-62.95 |
-4,923.09 |
|
Purchase
of Investment |
-1,812.84 |
-15,864.72 |
|
Proceeds
from sales of Investment in subsidiary companies |
30.88 |
- |
|
Proceeds
from sale/ disposal of property, plant and equipment’s |
0.68 |
1.75 |
|
Payment for business acquired under
Business Transfer Agreement |
-2,300.00 |
- |
|
Movement in Other Bank Balance |
-1,032.66 |
-172.89 |
|
Acquisition of subsidiary company |
-3,902.26 |
- |
|
Inter Corporate Deposits Given |
- |
-700 |
|
Interest
Received |
386.59 |
61.63 |
|
Proceeds
from sale of Investment |
5,891.31 |
22,378.46 |
|
Net
Cash Used in Investing Activities |
-2,801.25 |
1,126.92 |
|
Cash
Flow from Financing Activities |
|
|
|
Interest
Paid |
-80.93 |
-48.94 |
|
Inter Corporate Deposits Given |
166.36 |
- |
|
Payment
of interest on Lease Liabilities |
-9.22 |
-6.62 |
|
Payment
of Lease Liabilities |
-33.85 |
-35.58 |
|
Rent
Paid |
- |
-10.40 |
|
Dividend
Income |
368.85 |
188.73 |
|
Amount
paid on buyback of shares |
- |
-3,005.46 |
|
Tax
on Buyback of shares |
- |
-686.73 |
|
Interim
dividend paid to non controlling interest |
-306.94 |
-480.20 |
|
Net
Cash from Financing Activities |
104.27 |
4,085.20 |
|
Net
Increase/ (Decrease) in Cash and Cash Equivalents |
47.46 |
-3,372.98 |
|
Cash
and Cash Equivalents at the beginning of the year |
941.45 |
4,314.43 |
|
Cash
and Cash Equivalents at the end of the year |
988.91 |
941.45 |
Summary of
the Cash Flow Statement for the years 2025 and 2024:
Cash Flow from Operating Activities
In 2025, the
company generated a positive operating cash flow of ₹2,744.44 lakh, compared to a
negative outflow of ₹414.70 lakh
in 2024. This turnaround was supported by higher profit before tax, better
adjustments for doubtful debts, and efficient working capital changes,
especially from receivables and payables. Additionally, the tax outflow was
lower in 2025 compared to the previous year. Overall, this indicates that the
company’s core business operations have improved significantly and are now
generating healthy cash inflows.
Cash Flow from Investing Activities
The
investing activities in 2025 resulted in a net cash outflow of ₹2,801.25 lakh, whereas in 2024
there was a net inflow of ₹1,126.92
lakh. The outflow this year was mainly due to major expansion
moves such as the acquisition of a
subsidiary (₹3,902.26 lakh) and payment for a business acquisition (₹2,300.00 lakh).
Additional investments of ₹1,812.84
lakh were also made. However, this was partially offset by
proceeds from the sale of investments worth ₹5,891.31 lakh. The negative cash flow here shows that
the company is actively investing in growth and expansion, even though it puts
short-term pressure on liquidity.
Cash Flow from Financing Activities
In 2025,
financing activities contributed a small inflow of ₹104.27 lakh, compared to a large
inflow of ₹4,085.20 lakh
in 2024. This year’s inflows came mainly from dividend income and
inter-corporate deposits, but they were offset by payments such as interest
expenses, lease liabilities, and dividend payouts to minority shareholders. The
sharp difference compared to 2024 is because last year included large inflows
and outflows linked to share buybacks and related tax payments, which were not
repeated in 2025.
Net Change in Cash and Cash Equivalents
Overall, the
company ended 2025 with a small net
increase of ₹47.46 lakh in cash and cash equivalents, while in
2024 there had been a sharp decline
of ₹3,372.98 lakh. The improvement this year came mainly from
stronger operating cash flows and proceeds from investment sales, even though
large amounts were spent on acquisitions.
|
Particular |
2025 |
2024 |
|
Current Ratio |
181.17% |
452.53% |
|
Return on Equity ratio |
1.27% |
0.49% |
|
Trade Receivables Turnover ratio |
10.31 |
- |
|
Trade Payables Turnover ratio |
1.77 |
- |
|
Net Capital Turnover ratio |
3.05 |
- |
|
Net Profit Ratio |
3.77% |
20.48% |
|
Return on Capital Employed |
1.13% |
0.43% |
|
Return on Investment |
16.26% |
18.28% |
Summary of
the Financial ratio for the year 2025-2024
Current Ratio
The current
ratio fell sharply from 452.53% in
2024 to 181.17% in 2025. Although the ratio still shows that
current assets are almost double current liabilities, the steep decline
suggests reduced short-term liquidity. The company is less comfortable in
meeting its immediate obligations compared to last year.
Return on Equity (ROE)
ROE improved
from 0.49% in 2024 to 1.27% in 2025.
This means the company is generating slightly higher returns for shareholders
on their invested funds. However, the ratio is still very low, showing that
shareholder wealth creation remains weak.
Trade Receivables Turnover Ratio
In 2025, the
trade receivables turnover ratio stood at 10.31. This indicates the company is collecting money
from customers more than ten times a year, which is a sign of efficient credit
management and faster recovery of dues. No comparative data is available for
2024.
Trade Payables Turnover Ratio
The trade
payables turnover ratio was 1.77 in
2025. This means the company is paying its suppliers less than
twice a year, suggesting longer credit periods are being used. While this helps
preserve cash, it may strain supplier relationships if stretched too far.
Net Capital Turnover Ratio
The net
capital turnover ratio stood at 3.05
in 2025, showing that the company generated about three times
its working capital in revenue. This indicates good efficiency in using working
capital to support sales. No data is available for 2024 to compare.
Net Profit Ratio
The net
profit margin dropped drastically from 20.48%
in 2024 to 3.77% in 2025. This means that the company is now
earning only ₹3.77 profit on every ₹100 of revenue, compared to ₹20.48 earlier.
The sharp fall reflects higher costs or reduced margins.
Return on Capital Employed (ROCE)
ROCE
improved from 0.43% in 2024 to 1.13%
in 2025. This shows slightly better efficiency in generating
returns from total capital employed. However, the figure is still low,
suggesting the capital is not being used optimally to create profits.
Return on Investment (ROI)
ROI
decreased from 18.28% in 2024 to
16.26% in 2025. This shows that returns from investments have
slightly weakened, though the level is still much higher than other
profitability ratios. It indicates that investments remain a key source of
income for the company.
