Kumar Autocast Unquoted Share Price

Kumar Autocast Limited Standalone Balance Sheet (Rs in Crores)

Particulars	31-03-2025	31-03-2024
Non-Current Assets
Property, Plant and Equipment	3.42	3.51
Capital Work in Progress	0.10	-
Other Financial Assets	0.71	0.72
Trade Receivables	0.02	0.02
Current Assets
Inventories	2.06	1.20
Trade Receivable	5.44	7.30
Cash and Cash equivalents	3.41	2.06
Current Tax Assets (Net)	0.09	-
Other Current Assets	3.08	4.05
Total assets	18.37	18.89
Equity
Equity Share Capital	10.37	10.37
Other Equity	2.82	3.66
Non-Current Liabilities
Borrowings	0.01	0.10
Provisions	0.52	0.55
Deferred Tax Liabilities (Net)	0.14	0.13
Current Liabilities
Borrowings	0.75	0.12
Trade Payables
Outstanding dues to Micro & Small Enterprises	0.51	0.68
Outstanding dues to other than Micro & Small Enterprises	0.64	0.68
Other Financial Liabilities	2.26	2.13
Other Current Liabilities	0.21	0.35
Provisions	0.09	0.06
Current Tax Liabilities (Net)	-	0.01
Total equity & liability	18.37	18.89

Kumar Autocast Limited Standalone Profit & Loss Statement (Rs in Crores)

Particulars	31-03-2025	31-03-2024
Income
Revenue from Operations	40.03	42.85
Other Income	0.05	0.07
Total Income	40.08	42.93
Expenses
Cost of material consumed	22.43	27.04
Purchase of Stock in Trade	5.32	-
Change in Inventories of Finished Goods, Work in-Progress, Stock-in-Trade	-0.97	-0.08
Employee Benefit Expenses	5.41	5.50
Finance Costs	0.33	0.48
Depreciation & amortization expense	0.46	0.49
Other Expenses	7.98	8.83
Total Expenses	41.03	42.28
Profit Before Tax	-0.94	0.64
Current Tax	-	-0.20
Earlier Year Tax	-	-
Deferred Tax	0.01	0.04
Profit/(Loss) for the period	-0.93	0.48
Other Comprehensive Income	0.08	-0.02
Total Comprehensive Income	0.84	0.46
Earnings per share
Basic & Diluted	-0.90	0.47

Kumar Autocast Limited Standalone Cash Flow Statement (Rs in Crores)

Particulars	31-03-2025	31-03-2024
Cash Flow from Operating Activities
Net Profit Before Tax	0.94	0.64
Adjustments for:
Depreciation	0.46	0.49
Interest and finance charges	0.33	0.48
Interest income	-0.05	0.07
Re-measurement of actuarial (gain)loss	0.11	0.01
Loss/(Gain)  on Sale of РРЕ	0.01	0.06
Operating profit before working capital changes	-0.07	1.58
Adjustments for:
(Increase)/decrease in inventories	-0.85	0.22
(Increase)/decrease in trade receivables	1.86	8.40
(Increase)/decrease in other financial assets (excluding advance tax)	-	-
(Increase)/decrease in other current  assets	0.97	-3.97
(Increase)/decrease in Trade payables	-0.20	-0.37
Increase/(decrease) in other current liabilities	0.02	-0.02
Increase/(decrease) in other financial liabilities and provision (excluding provision for tax)	0.58	-5.61
Change in non-current assets	2.39	-1.25
Cash generated from operations	2.32	0.33
income tax refund/ (paid)	-0.11	-0.16
Net Cash flow generated from operating activities	2.20	0.16
Cash flow from investing activities
Additions to PPE and intangible assets (including movement in CWIP)	-0.52	-0.25
Proceeds from sale disposal of property, plant and equipment	0.03	0.22
Interest received	0.05	0.07
Net cash flows (used in) investing activities	-0.43	0.04
Cash flow from financing activities
Repayment/Proceeds from long term borrowings	-0.08	0.01
Interest and finance charges paid	0.33	-0.48
Net cash flows (used in)/ generated from financing activities	-0.41	-0.46
Net change in cash and cash equivalents	1.35	-0.25
Cash and cash equivalents-opening balance	2.06	2.31
Cash and cash equivalents-closing balance	3.41	2.06

Summary of the Cash Flow Statement for the years 2025 and 2024:

Cash Flow from Operating Activities

The company’s core operations show a strong improvement in cash generation. Net profit before tax increased from ₹0.64 crore to ₹0.94 crore, indicating better profitability. However, after adjusting for non-cash and non-operating items, the operating profit before working capital changes turned slightly negative at ₹-0.07 crore (vs ₹1.58 crore last year), mainly due to lower adjustment benefits and some unfavorable movements like actuarial losses.

The real strength comes from working capital management. A significant reduction in trade receivables (₹1.86 crore inflow) suggests improved collections, while inventories increased (₹-0.85 crore), indicating funds tied up in stock. Other current assets also released cash (₹0.97 crore), helping liquidity. However, trade payables decreased slightly (₹-0.20 crore), meaning the company paid off some obligations.

Additionally, a notable positive impact came from changes in non-current assets (₹2.39 crore), which substantially boosted cash generation. Overall, cash generated from operations rose sharply to ₹2.32 crore (vs ₹0.33 crore), and after tax payments, net operating cash flow stood at ₹2.20 crore, a major improvement over ₹0.16 crore last year. This indicates stronger operational efficiency and better cash conversion.

 

Cash Flow from Investing Activities

Investing activities show a net cash outflow of ₹0.43 crore, compared to a small inflow of ₹0.04 crore in the previous year. The company invested ₹0.52 crore in property, plant, and equipment (PPE), indicating ongoing capital expenditure and possible expansion or maintenance of production capacity.

There were minor inflows from the sale of assets (₹0.03 crore) and interest income (₹0.05 crore), but these were not enough to offset the capital spending. Compared to last year, where asset sales were higher (₹0.22 crore), the current year reflects a more investment-heavy approach. Overall, this suggests the company is reinvesting in its operations, which could support future growth but temporarily reduces cash.

 

Cash Flow from Financing Activities

Financing activities resulted in a net cash outflow of ₹0.41 crore, similar to the previous year’s outflow of ₹0.46 crore. The company repaid some long-term borrowings (₹0.08 crore), indicating gradual deleveraging.

Interest payments (₹0.33 crore) remained a significant outflow, reflecting the cost of existing debt. Compared to last year, where interest outflow was higher (₹0.48 crore), the reduction suggests either lower debt levels or improved borrowing terms. Overall, financing cash flows indicate a conservative approach with debt repayment and controlled financial obligations.

 

Net Change in Cash Position

The combined effect of all activities led to a strong increase in cash and cash equivalents by ₹1.35 crore, compared to a decline of ₹0.25 crore in the previous year. This improvement is primarily driven by strong operating cash flows, which more than offset investing and financing outflows.

The company’s cash balance increased from ₹2.06 crore to ₹3.41 crore, reflecting enhanced liquidity and financial stability. This stronger cash position provides a cushion for future investments, debt servicing, and operational needs.

Financial ratios of Kumar Autocast Limited:

Particulars	31-03-2025	31-03-2024
Current ratio	0.14	3.61
Debt equity ratio	0.06	0.02
Debt service coverage ratio	-0.18	2.38
Return on equity ratio	-0.07	0.04
Inventory turnover ratio	24.49	32.54
Trade receivables ratio	6.25	3.71
Trade payables turnover ratio	26.01	17.73
Net capital turnover ratio	3.97	4.26
Net profit ratio	-0.02	0.01

Summary of the Ratios for the years 2025 and 2024:

Current ratio

The current ratio has fallen drastically from 3.61 in 2023–24 to 0.14 in 2024–25, indicating a severe decline in liquidity. Earlier, the company was in a comfortable position to meet its short-term obligations, but the current year reflects a situation where current liabilities far exceed current assets. This suggests significant working capital pressure and potential difficulty in meeting day-to-day financial commitments.

 

Debt equity ratio

The debt-equity ratio increased slightly from 0.02 to 0.06, but it remains very low overall. This shows that the company still relies predominantly on equity financing and has minimal dependence on external borrowings. While the slight rise indicates some increase in debt, the capital structure continues to be conservative with low financial risk.

 

Debt service coverage ratio

The debt service coverage ratio declined sharply from 2.38 to -0.18, turning negative. This indicates that the company is not generating sufficient operating income to cover its debt obligations, including interest and principal repayments. A negative DSCR is a critical warning sign, reflecting financial stress and potential challenges in servicing debt.

 

Return on equity ratio

The return on equity ratio dropped from 0.04 to -0.07, showing a shift from positive returns to losses for shareholders. This indicates that the company is currently not utilizing shareholders’ funds efficiently and is instead eroding value, reflecting weakened profitability during the year.

 

Inventory turnover ratio

The inventory turnover ratio decreased from 32.54 to 24.49. Although the ratio is still relatively strong, the decline suggests that inventory is being sold at a slower pace than before. This could point to reduced demand, excess stock holding, or inefficiencies in inventory management.

 

Trade receivables ratio

The trade receivables ratio improved significantly from 3.71 to 6.25, indicating faster collection from customers. This is a positive development, as it reflects improved credit control and better cash inflows, which can help ease liquidity pressures.

 

Trade payables turnover ratio

The trade payables turnover ratio increased from 17.73 to 26.01, suggesting that the company is paying its suppliers more quickly. While this may enhance supplier relationships and credibility, it can also strain cash flows, especially when the company is already facing liquidity challenges.

 

Net capital turnover ratio

The net capital turnover ratio slightly declined from 4.26 to 3.97. This indicates a marginal reduction in the efficiency with which the company uses its capital to generate revenue. Despite the decline, the ratio still reflects reasonably good utilization of capital resources.

 

Net profit ratio

The net profit ratio fell from 0.01 to -0.02, indicating that the company has moved from a marginal profit to a loss. This reflects declining operational performance and rising costs or inefficiencies, which have negatively impacted overall profitability.