Jupiter International Limited (Jupiter International) Return Comparision with Primex 40 Index

Periods	1 Week	1 Month	3 Months	6 Months	1 Year	3 Years	All Time
Primex-40
Jupiter International Limited

Jupiter International Limited Consolidated Balance Sheet (Rs. In Lakhs)

Particular	31-03-2025	31-03-2024
Non- Current assets
Property, Plant and Equipment	23,267.67	21,561.15
Intangible Assets	669.30	0.66
Right of use of assets	7.67	15.35
Intangible assets under development	23.31	39.14
Investment accounted for using equity method	2,006.06	45.14
Investments	341.64	-
Trade Receivables	98.43	-
Other Financial Assets	143.59	644.94
Deferred Tax Assets (Net)	70.22	1,260.44
Income Tax Assets (Net)	300.13	279.36
Other non-current assets	1,134.80	86.23
Current assets
Inventories	5,132.60	5,989.33
Investments	12,011.47	122.68
Trade receivables	1,349.27	1,408.99
Cash and cash equivalents	1,934.75	1,427.13
Bank balances other than above	5,083.93	341.03
Loans	6.47	496.48
Other financial assets	11,894.48	403.66
Current assets (Net)	13,02	8.47
Other current assets	869.02	752.08
Total Assets	66,357.83	34,862.26
Equity
Equity Share Capital	1,395.92	1.395.82
Instruments Entirely Equity in Nature	182.97	-
Other Equity	50,110.25	7,606.67
Non-controlling interest	208.12	195.65
Non-current liabilities
Borrowings	596.06	6,783.88
Lease liabilities	-	8.50
Other financial liabilities	54.25	53.60
Provision	298.60	364.40
Current liabilities
Borrowings	4,642.76	13,184.25
Lease liabilities	8.50	7.65
Total outstanding dues of micro enterprises and small enterprises	358.33	437.27
Total outstanding dues other than above	2,199.91	3,390.14
Other financial liabilities	1,261.55	709.83
Other current liabilities	4,357.05	642.17
Provisions	392.50	105.43
Current tax liabilities (net)	290.86	-
Total equity and liabilities	66.357.83	34.882.26

Jupiter International Limited Consolidated Profit & Loss (Rs. In Lakhs)

Particulars	31-03-2025	31-03-2024
Revenue from operations	55,591.61	57,762.25
Other Income	1,883,90	330.16
Total income	57,475.51	58,092.41
Expenses
Cost of materials consumed	18,461.85	34,633.69
Purchase of stock-in-trade	1,005.96	150.24
Decrease in inventories of finished goods, stock-in-trade	1,107.57	1,964.62
Employee benefits expense	4,675.28	3,518.90
Finance cost	2,135.02	4,079.81
Depreciation and amortization expense	5,496.55	2,278.66
Other expenses	7,728.69	5,891.50
Total expenses	40,610.92	52,517.42
Profit Before Share of Loss of a joint Venture	16,864.59	5,574.99
Share of loss of joint venture	(176.57)	(4.86)
Profit Before Tax	16,688.02	5,570.13
Current tax	3,117.08	-
Deferred tax	1,245.09	1,427.22
Profit for the year	12,325.85	2,142.91
Other Comprehensive Income (OCI)
Items that will not be reclassified subsequently to profit or loss
Re-measurements gains/(loss) on defined benefit plans	(218.02)	(24.47)
Income Tax effect on re-measurements (gains)/loss on defined benefit plans	54.87	6,16
Share of Other Comprehensive Income in a Joint Venture (net of tax)	(0.29)	-
Total Other Comprehensive Income/ (Loss) for the Year (net of lax}	(163.44)	(18.31)
Total Comprehensive Income for the year	12,162.41	4,124.60
Earnings per equity share (in Rs.)
Basic	88.21	29.71
Diluted	80.49	29.71

Jupiter International Limited Consolidated Cash Flow Statement (Rs. In Lakhs)

Particular	31-03-2025	31-03-2024
Cash Flow From Operating Activities
Net Profit Before Tax as per statement of profit and loss	16,688.02	5,570.13
Adjustments for:
Depreciation and amortisation expense	5,496.55	2,278.66
Share Based Payment to Employees	166.78	-
(Profit)/loss on sale/discard of Property, plant and equipment	104.49	17.16
Share of Loss in Joint Venture	176.57	4.86
Unrealised Foreign Exchange Loss/(Gain) (Net)	(5.37)	13.29
Fair value gain on financial assets at FVTPL	(578.99)	(1.31)
Realised gain on sale of Mutual funds (financial assets at FVTPL)	(409.08)	(20.83)
Loss on redemption of Government bond	-	3.26
Impairment Allowance for Bad & Doubtful Debts	19.19	-
Sundry balances written off	226.65	0.94
Sundry Balances Written Back	(33.08)	(27.20)
Gain on Keyman Insurance measured at FVTPL	(48.75)	(11,70)
Loss due to Fire	113.09	-
Intangible assets under Development Written Off	39.14	-
Finance Cost	2,135.02	4,079.81
Interest Income	(791.14)	(72.61)
Operating Profit before Working Capital Changes	23,299.09	11,834.46
Adjustments for:
Increase/(decrease) in trade payables	(1,230.72)	(59.78)
Increase/(decrease) in other financial liabilities	159.16	(69.63)
Increase / (decrease) in other current liabilities	2,995.68	(1,699.58)
Increase/(decrease) in provisions	3.45	36.25
Increase in loans, deposits and other financial assets	(433.45)	(88.75)
(Increase)/decrease in other assets	(1,042.16)	1,412.79
Increase in trade receivables	(57.90)	(391.17)
(Increase)/decrease in inventories	761.14	(232.31)
Operating Profit After Working Capital Changes	24,454.29	10,742.28
Direct Taxes Paid (net of refund)	(2,830.77)	(114.69)
Net Cash generating from Operating Activities	21,623.52	10,627.59
Cash Flow From Investing Activities
Purchase of PPE (including capital work-in-progress)	(7,260.49)	(2,921.89)
Proceeds from sales of PPE	16.57	2.98
Investment in Joint Venture	(2,450.00)	(50.00)
Loan to Body Corporates	-	(485.78)
Refund of Loan from Body Corporates	(485.78)	-
Purchase of current investments	(68,341.83)	(4,841.13)
Proceeds from sale of current investments	57,441.10	7,375.73
Investment in fixed deposits	(17,974.34)	(864.33)
Proceeds from maturity of fixed deposits	2,833.18	167.09
Interest received	636.18	48.06
Net Cash From Investing Activities	(34,613.85)	(1,569.27)
Cash Flow From Financing Activities
Proceeds from issuance of equity share & compulsory convertible preference shares(net of issue expenses)	30,369.93	-
Proceeds from long-term borrowings	84.00	16.60
Repayment of long term borrowings	(8,811.48)	(4,946.28)
Other short term borrowings taken	440.54	2,683.89
Repayments of other short term borrowings	(4,805.90)	(2,809.37)
Payment of Principal Portion of Lease Liabilities	(7.65)	(6.88)
Interest paid	(2,036.32)	(3,291.11)
Net Cash From Financing Activities	15,233.12	(8,353.15)
Net Increase in Cash and Cash Equivalents	2,242.79	705.17
Opening balance of cash and cash equivalents	(308.04)	(1,013.21)
Closing balance of cash and cash equivalents	1,934.75	(308.04)

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 profit before tax of ₹16,688.02 lakhs, compared to ₹5,570.13 lakhs in FY 2023–24. After adjusting for non-cash and non-operating items such as depreciation and amortisation of ₹5,496.55 lakhs and finance cost of ₹2,135.02 lakhs, and considering working capital changes, operating profit increased to ₹24,454.29 lakhs. After payment of direct taxes amounting to ₹2,830.77 lakhs, the company generated a net cash inflow from operating activities of ₹21,623.52 lakhs reflecting strong cash generation from core business operations.

Cash Flow from Investing Activities

The company reported a net cash outflow of ₹34,613.85 lakhs from investing activities during FY 2024–25, significantly higher than the outflow of ₹1,569.27 lakhs in the previous year. Major outflows included purchase of property, plant and equipment amounting to ₹7,260.49 lakhs, investment in a joint venture of ₹2,450.00 lakhs, and substantial investment in current investments of ₹68,341.83 lakhs. These were partially offset by proceeds from sale of current investments amounting to ₹57,441.10 lakhs and interest received of ₹636.18 lakhs. The high investment activity indicates a strategic focus on asset creation and deployment of surplus funds.

Cash Flow from Financing Activities

Financing activities resulted in a net cash inflow of ₹15,233.12 lakhs during FY 2024–25, compared to a net outflow of ₹8,353.15 lakhs in FY 2023–24. The inflow was primarily driven by issuance of equity shares and compulsory convertible preference shares amounting to ₹30,369.93 lakhs, strengthening the company’s capital base. This was partially offset by repayment of long-term borrowings of ₹8,811.48 lakhs, repayment of short-term borrowings of ₹4,805.90 lakhs, and interest payments of ₹2,036.32 lakhs. The reduction in borrowings reflects a conscious effort to deleverage the balance sheet.

Net Change in Cash and Cash Equivalents

As a result of the above activities, the company recorded a net increase in cash and cash equivalents of ₹2,242.79 lakhs during FY 2024–25, compared to an increase of ₹705.17 lakhs in the previous year. The cash and cash equivalents balance improved from an opening negative balance of ₹308.04 lakhs to a closing positive balance of ₹1,934.75 lakhs, indicating an overall strengthening of liquidity position.

Jupiter International Limited Financial Ratios (Rs. In Lakhs)

Particular	31-03-2025	31-03-2024
Current Ratio (in times)	2.77	0.55
Debt Equity Ratio (in times)	0.10	2.19
Debt Service Coverage Ratio (in times)	1.35	0.95
Return on Equity Ratio / return on investment (in %)	41.02%	58.91%
Inventory Turnover Ratio (in times)	3.70	6.28
Trade Receivables Ratio (in times)	40.39	59.10
Trade Payables Turnover Ratio (in times)	7.75	10.66
Net Capital Turnover Ratio (in times)	2.33	(6.92)
Net Profit Ratio (in %)	22.60%	7.21%
Return on Capital Employed Ratio (in %)	33.66%	34.71%
Return on investments	11.69%	2.90%

Summary of the financial ratio for the years 2025 and 2024

Current Ratio:

The current ratio increased substantially from 0.55 as on 31-03-2024 to 2.77 as on 31-03-2025, indicating a significant improvement in the company’s liquidity position. This reflects the company’s enhanced ability to meet its short-term obligations and suggests better management of current assets and liabilities during FY 2025.

Debt–Equity Ratio:

The debt–equity ratio declined sharply from 2.19 in FY 2024 to 0.10 in FY 2025, highlighting a considerable reduction in leverage. This change indicates a stronger equity base and lower dependence on external borrowings, thereby reducing overall financial risk.

Debt Service Coverage Ratio (DSCR):

The DSCR improved from 0.95 to 1.35, reflecting an improvement in the company’s capacity to service its debt obligations from operating cash flows. A ratio above 1 indicates that the company generated sufficient earnings to cover its debt servicing requirements during FY 2025.

Return on Equity (ROE):

The return on equity decreased from 58.91% in FY 2024 to 41.02% in FY 2025. Despite the decline, the ratio remains strong, indicating healthy returns to shareholders. The reduction may be attributed to an increase in equity capital or moderation in profit growth.

Inventory Turnover Ratio:

The inventory turnover ratio declined from 6.28 times to 3.70 times, suggesting slower movement of inventory during FY 2025. This may indicate higher inventory holding levels or a slowdown in sales, requiring closer monitoring of inventory management efficiency.

Trade Receivables Turnover Ratio:

The trade receivables turnover ratio decreased from 59.10 times to 40.39 times, indicating a slower collection cycle. This suggests that the company allowed extended credit terms to customers, which may impact cash flows if not effectively managed.

Trade Payables Turnover Ratio:

The trade payables turnover ratio reduced from 10.66 times to 7.75 times, indicating that the company took a longer time to settle its dues with suppliers. While this may support short- term liquidity, prolonged delays could affect supplier relationships.

Net Capital Turnover Ratio:

The net capital turnover ratio improved significantly from (6.92) in FY 2024 to 2.33 in FY 2025, reflecting better utilization of working capital. This improvement indicates enhanced operational efficiency and more effective deployment of net working capital.

Net Profit Ratio:

The net profit ratio increased sharply from 7.21% in FY 2024 to 22.60% in FY 2025, demonstrating a substantial improvement in profitability. This reflects better cost control, improved margins, and stronger overall operational performance.

Return on Capital Employed (ROCE):

The ROCE marginally declined from 34.71% to 33.66%, yet it remains at a robust level. This indicates continued efficient utilization of capital employed in the business, despite a slight moderation during FY 2025.

Return on Investments:

The return on investments improved significantly from 2.90% in FY 2024 to 11.69% in FY 2025, indicating enhanced performance of the company’s investment portfolio. This improvement reflects better investment decisions and higher yields during the year.