| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Mohindra Fasteners Limited |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Non-current assets |
|
|
|
Property, plant and equipment |
6,935.26 |
6,024.76 |
|
Investment Property |
67.69 |
68.82 |
|
Other Intangible assets |
4.13 |
5.06 |
|
Intangible Assets under development |
34.52 |
21.32 |
|
Investments |
109.22 |
143.5 |
|
Trade Receivables |
37.92 |
25.39 |
|
Other Financial Assets (net) |
676.11 |
116.07 |
|
Other non-current assets |
106.81 |
132.52 |
|
Current assets |
|
|
|
Inventories |
3,202.55 |
2,865.15 |
|
Trade Receivables |
3,851.71 |
3,857.9 |
|
Cash and Cash equivalents |
991.42 |
1,708.01 |
|
Bank Balances other than above |
2,498.86 |
1,889.23 |
|
Other financial assets |
117.67 |
112.65 |
|
Other Current Assets |
790.90 |
700.47 |
|
Total Assets |
19,424.78 |
17,670.85 |
|
Equity |
|
|
|
Equity
Share capital |
589.25 |
589.25 |
|
Other equity |
11,291.65 |
10,157.84 |
|
Non-Current liabilities |
|
|
|
Borrowings |
760.54 |
1,022.98 |
|
Provisions |
39.00 |
20.15 |
|
Deferred tax liabilities (net) |
244.65 |
211.15 |
|
Current liabilities |
|
|
|
Borrowings |
3,036.55 |
2,709.92 |
|
Trade Payables |
|
|
|
Total outstanding dues to Micro and
Small Enterprises |
166.16 |
140.14 |
|
Total outstanding dues of creditors other than Micro and Small Enterprises |
2,643.81 |
2,220.11 |
|
Other Financial Liabilities |
183.40 |
22.72 |
|
Other Current liabilities |
317.52 |
308.24 |
|
Provisions |
152.24 |
246.21 |
|
Current tax liabilities (net) |
0.00 |
22.14 |
|
Total Equity and Liabilities |
19,424.78 |
17,670.85 |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Revenue from Operation |
16,523.79 |
17,745.08 |
|
Other Income |
424.77 |
353.11 |
|
Total
Income |
16,948.56 |
18,098.19 |
|
Expenses |
|
|
|
Cost of Material Consumed |
5,887.52 |
6,252.85 |
|
Changes in inventories of finished
goods, WIP and Stock-in-trade |
(303.50) |
96.35 |
|
Employee Benefit Expense |
3,359.50 |
3,138.56 |
|
Finance Cost |
246.97 |
303.64 |
|
Depreciation and Amortisation Expense |
545.60 |
567.38 |
|
Other Expenses |
5,209.44 |
5,571.00 |
|
Total
Expense |
14,945.53 |
15,929.78 |
|
Profit/Loss
before exceptional items and tax |
2,003.03 |
2,168.41 |
|
Share of (Loss) of Investment accounted
for using equity method |
(31.43) |
(33.19) |
|
Profit
before tax |
1,971.60 |
2,135.22 |
|
Current Tax |
474.42 |
530.35 |
|
Deferred tax |
41.66 |
48.31 |
|
Net
Profit/ Loss for the period |
1,455.52 |
1,556.56 |
|
Other
comprehensive income |
|
|
|
Items that will not be reclassified to
profit or loss: |
|
|
|
Remeasurement gains/(losses) on defined
benefit plans |
(32.38) |
(27.54) |
|
Fair value in gains/(losses) on equity
instrument |
(2.86) |
0.16 |
|
Income tax effect on above |
8.15 |
6.93 |
|
Other comprehensive Income/(Loss) for the
year |
(27.09) |
(20.45) |
|
Total
comprehensive Income/(Loss) for the year |
1,428.43 |
1,536.11 |
|
Paid-up
equity share capital |
589.25 |
589.25 |
|
Other Equity |
11,291.66 |
10,157.84 |
|
Earnings
per Share |
|
|
|
Basic (in Rs.) |
24.70 |
26.42 |
|
Diluted (in Rs.) |
24.70 |
26.42 |
|
31-03-2025 |
31-03-2024 |
|
|
Cash Flow from
Operating Activities |
|
|
|
Net Profit before
Tax |
2,003.03 |
2,168.41 |
|
Adjustments for: |
|
|
|
Depreciation and
Amortisation expenses |
545.60 |
567.38 |
|
Loss/(Profit) on
disposal of property, plant and equipment (net) |
(9.71) |
(3.92) |
|
Share of (Loss) of
investment accounted for using equity method |
(31.34) |
(33.19) |
|
Remeasurement of
Defined Benefit Plans |
(32.38) |
(27.54) |
|
Finance cost |
246.97 |
303.64 |
|
Rental Income |
(6.63) |
(6.60) |
|
Interest income |
(275.85) |
(239.07) |
|
Dividend Income |
(0.14) |
(0.11) |
|
Operating Profit
before Working Capital Charges |
2,439.46 |
2,729.00 |
|
Adjustments for: |
|
|
|
(Increase)/Decrease
in Inventories |
(337.40) |
138.72 |
|
(Increase)/Decrease
in other current assets |
(668.55) |
(1,492.08) |
|
(Increase)/Decrease
in Non-current assets |
(546.86) |
982.49 |
|
Changes in Trade
payables |
449.72 |
(575.50) |
|
(Increase)/Decrease
in other current liabilities |
75.99 |
85.52 |
|
(Increase)/Decrease
in Non-current liabilities |
18.86 |
(6.19) |
|
Cash Generated from Operations |
1,431.22 |
1,861.96 |
|
Income tax paid (net) |
(526.90) |
(547.00) |
|
Net Cash Generated
from Operating Activates |
904.32 |
1,314.96 |
|
Cash Flow from
Investing Activities |
|
|
|
Purchase of
property, plant, equipment and intangible assets |
(1,472.33) |
(405.16) |
|
Proceeds from sale
of property, plant and equipment |
14.78 |
3.92 |
|
Investments in
Equity Instruments |
31.43 |
(55.01) |
|
Rental Income |
6.63 |
6.60 |
|
Interest Income |
275.85 |
239.07 |
|
Dividend Income |
0.14 |
0.11 |
|
Net Cash Used in
Investing Activities |
(1,143.49) |
(210.47) |
|
Cash flow from financing activities |
|
|
|
Proceeds of long-term
borrowings (net) |
(262.44) |
(555.41) |
|
Proceeds of short-term
borrowings (net) |
326.62 |
581.98 |
|
Interest paid |
(246.97) |
(303.64) |
|
Dividends Paid |
(294.62) |
(265.16) |
|
Net cash flow generated/ (used in) from financing
activities |
(477.42) |
(542.23) |
|
Net Increase /(Decrease) In Cash
and Cash Equivalents |
(716.58) |
562.25 |
|
Cash & Cash Equivalents
at the Beginning of the Year |
1,708.00 |
1,145.75 |
|
Cash & Cash
Equivalents at the End of the Year |
991.42 |
1,708 |
Here is a summary of the Cash Flow Statement for the years 2025 and 2024:
Cash Flow from
Operating Activities
For the year ending 31st March
2025, the company generated a positive
operating cash flow of ₹904.32 lakhs, which is lower than
₹1,314.96 lakhs in the previous year. This decrease was mainly due to increased
working capital requirements especially higher current and non-current assets.
Despite a decent operating profit before changes in working capital (₹2,439.46
lakhs), much of it was used up by inventory buildup and advances, reducing the
net cash generated from operations.
Cash Flow from Investing Activities
The company had a net outflow of ₹1,143.49 lakhs in 2025, which is much higher than the outflow of
₹210.47 lakhs in 2024. The main reason for this rise was a significant increase
in capital expenditure on property, plant, and equipment (₹1,472.33 lakhs),
though partially offset by interest income, rental income, and a small inflow
from disposal of assets.
Cash Flow from Financing Activities
In 2025, the company reported a net outflow of ₹477.42 lakhs from financing activities,
which is slightly lower than ₹542.23 lakhs in 2024. This outflow was due to
interest payments (₹246.97 lakhs), dividend payouts (₹294.62 lakhs), and
repayment of long-term borrowings, even though there was a small inflow from
short-term borrowings.
Net Changes in Cash and cash equivalents
Overall, the company’s cash position decreased by ₹716.58 lakhs during the year. The closing cash balance fell from ₹1,708.00 lakhs to ₹991.42 lakhs, indicating a drop in liquidity mainly due to higher capital expenditure and reduced operating cash inflows.
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Current Ratio (times) |
1.8 |
1.96 |
|
Debt-Equity Ratio (times) |
0.32 |
0.35 |
|
Debt Service Coverage Ratio (times) |
2.92 |
2.89 |
|
Return on Equity ratio (times) |
0.13 |
0.15 |
|
Inventory Turnover ratio (No. of days) |
2.94 |
3.44 |
|
Trade Receivables Turnover Ratio (No. of days) |
4.18 |
4.44 |
|
Trade Payable Turnover ratio (No. of days) |
3.18 |
3.34 |
|
Net Capital Turnover Ratio (No. of days) |
3.19 |
3.19 |
|
Net Profit Ratio (%) |
0.09 |
0.09 |
|
Return on Capital employed (%) |
0.17 |
0.2 |
Summary of Financial
Ratios of Mohindra Fasteners Limited for the Years 2024 & 2025:
Current
Ratio
The current ratio measures the company’s ability to meet its short-term
obligations using its current assets. For the year ending 31 March 2025, the
ratio is 1.8, compared to 1.96 in the previous year. This indicates that the
company has 1.8 times more current assets than current liabilities. Although
there is a slight decline from the previous year, the ratio still reflects a
comfortable liquidity position, as a ratio above 1.5 is generally considered
healthy.
Debt-Equity
Ratio
The debt-equity ratio indicates the proportion of debt and equity in the
company’s capital structure. In 2025, the ratio stands at 0.32, slightly lower
than 0.35 in 2024. This decrease suggests that the company has reduced its
dependence on borrowed funds and is financing a larger portion of its
operations through equity. Lower debt levels generally reduce financial risk,
which is positive for investors.
Debt
Service Coverage Ratio (DSCR)
The DSCR reflects the company’s ability to generate sufficient earnings to
cover its debt obligations, including interest and principal repayments. For
2025, the DSCR is 2.92, slightly higher than 2.89 in 2024. A DSCR above 2
indicates that the company generates more than twice the cash required to
service its debt, demonstrating strong repayment capacity and financial
stability.
Return
on Equity (ROE)
Return on equity measures the profitability generated for shareholders relative
to their invested capital. In 2025, the ROE is 0.13, compared to 0.15 in 2024.
The slight decline indicates that shareholder returns have decreased
marginally, reflecting either lower profitability or higher equity levels
compared to the previous year.
Inventory
Turnover Ratio
Inventory turnover indicates how efficiently a company manages its inventory.
The ratio has improved from 3.44 days in 2024 to 2.94 days in 2025, meaning the
company is selling and replenishing its inventory faster than before. Lower
days suggest better inventory management and reduced holding costs.
Trade
Receivables Turnover Ratio
This ratio measures the efficiency of collecting receivables from customers.
The days have decreased from 4.44 in 2024 to 4.18 in 2025, showing that the
company is collecting payments slightly faster, which improves cash flow and
reduces the risk of bad debts.
Trade
Payables Turnover Ratio
Trade payables turnover reflects how quickly the company pays its suppliers.
The days have decreased from 3.34 in 2024 to 3.18 in 2025, indicating that the
company is paying its creditors a bit faster, which may strengthen supplier
relationships but slightly reduce short-term liquidity.
Net
Capital Turnover Ratio
Net capital turnover measures how efficiently the company uses its capital to
generate revenue. The ratio has remained constant at 3.19 days for both years,
showing stable efficiency in utilizing capital for business operations.
Net
Profit Ratio
The net profit ratio indicates the company’s overall profitability as a
percentage of revenue. The ratio has remained unchanged at 0.09% for both 2024
and 2025, suggesting that profit margins have remained steady despite other
operational changes.
Return
on Capital Employed (ROCE)
ROCE measures the efficiency with which the company generates profits from its
total capital employed. The ratio decreased slightly from 0.20% in 2024 to
0.17% in 2025, indicating a small reduction in the efficiency of using capital
to generate returns, which may be due to higher capital investment or slightly
lower operating profit.
