Nandini Texcom Latest Annual Report & Financials

Nandini Texcom (India) Limited Standalone Balance Sheet (Amt. In Thousands)

Nandini Texcom (India) Limited Standalone Profit & Loss Statement (Amt. In Thousands)

PARTICULARS	31 March 2025	31 March 2024
Income :
Revenue from operations	4,85,230.81	5,16,696.26
Other Income	31.88	109.04
Income	4,85,262.69	5,16,805.30
Expenses :
Cost of Materials Consumed
Purchases of Stock in Trade	4,69,976.42	4,42,425.01
Changes in inventories of finished goods, WIP and Stock-in- trade	(871.09)	58,827.53
Employee Benefits Expense	5,640.93	6,890.10
Depreciation and amortization Expense	1,218.54	1,321.59
Finance Costs	6,339.74	5,869.36
Other Expense	6,218.82	6,832.36
Total Expense	4,88,523.35	5,22,165.95
Profit Before Tax	(3,260.66)	(5,360.64)
Tax Expense:
Current Tax
Deferred Tax	(61.14)	(34.17)
	(61.14)	(34.17)
Profit/(Loss) for the period from continuing operations	(3,199.52)	(5,326.47)
Profit/(Loss) for the period from discontinuing operations
Tax expense of discontinuing operations
Profit For The Year	(3,199.52)	(5,326.47)
Other Comprehensive Income/(Loss)
TOTAL COMPREHENSIVE INCOME FOR THE YEAR	(3,199.52)	(5,326.47)
Earnings per equity share:
Basic (in Rupees)	(0.01)	(0.01)
Diluted	NA	NA

 Nandini Texcom (India) Limited Standalone Cash Flow Statement (Amt. In Thousands)

Cash Flow Statement Analysis – NANDINI TEXCOM (INDIA) LIMITED(All figures in ₹ ‘000)

1) Cash Flow from Operating Activities

The company reported a loss after tax in both years, though the loss reduced from ₹5,326.47 thousand in FY 2023-24 to ₹3,199.52 thousand in FY 2024-25. After adjusting for non-cash items like depreciation and deferred tax, the operating loss before working capital changes stood at ₹1,946.33 thousand.

Working capital movements supported cash generation during the year. A significant decrease in other current assets and moderate changes in inventories and receivables resulted in a positive working capital adjustment of ₹3,288.36 thousand. However, repayment of short-term borrowings and reduction in trade payables partially offset these gains.

Overall, the company generated net cash from operating activities of ₹1,342.04 thousand in FY 2024-25, almost in line with ₹1,352.22 thousand in the previous year, indicating stable operational cash generation despite accounting losses.

2) Cash Flow from Investing Activities

Investing activities resulted in a net cash inflow of ₹215.20 thousand during FY 2024-25. The inflow was primarily due to proceeds from the sale of fixed assets amounting to ₹300.00 thousand, while only ₹84.80 thousand was spent on purchase of fixed assets.

In the previous year, the company had a small net cash outflow of ₹61.02 thousand due to capital expenditure. The shift to a positive inflow indicates limited capital investment and some asset rationalisation during the current year.

3) Cash Flow from Financing Activities

Financing activities recorded a net cash outflow of ₹1,551.19 thousand in FY 2024-25, mainly due to repayment of long-term borrowings. A similar trend was observed in FY 2023-24 with an outflow of ₹1,456.89 thousand.

This indicates a continued effort by the company to reduce its debt obligations, which may improve financial leverage over time but also reduces available cash in the short term.

4) Net Change in Cash Position

After considering all activities, the company reported a marginal net increase in cash and cash equivalents of ₹6.05 thousand during FY 2024-25 compared to a decrease of ₹165.68 thousand in the previous year.

Cash and cash equivalents increased from ₹117.92 thousand at the beginning of the year to ₹123.97 thousand at year-end, reflecting stable liquidity with limited movement in cash balances.

Overall Interpretation:
Despite reporting accounting losses, NANDINI TEXCOM (INDIA) LIMITED maintained positive operating cash flows and stable liquidity. Limited capital expenditure and continued repayment of borrowings indicate a conservative financial approach focused on sustaining operations and reducing debt.

Financial Ratios of Nandini Texcom (India) Limited:

Key Ratio Analysis – NANDINI TEXCOM (INDIA) LIMITED
(FY 2024-25 & FY 2023-24)

1) Current Ratio

The current ratio improved from 2.01 in 2024 to 2.39 in 2025. This indicates strengthening short-term liquidity and better coverage of current liabilities by current assets. A ratio above 2 reflects comfortable working capital management.

2) Debt-Equity Ratio

The debt-equity ratio declined from 0.95 to 0.67, showing a significant reduction in leverage. The company has reduced its dependence on borrowed funds, leading to a healthier capital structure.

3) Debt Service Coverage Ratio (DSCR)

DSCR improved from 0.04 to 0.46. Although still below 1 (indicating insufficient earnings to fully cover debt obligations), the improvement suggests better operational capacity to service debt compared to the previous year.

4) Return on Equity (ROE)

ROE remained negative, though it improved from -0.07 to -0.04. This reflects continued losses but at a reduced level, indicating gradual recovery in profitability.

5) Inventory Turnover Ratio

The ratio increased from 6.02 to 8.65, indicating faster inventory movement and improved stock management. Higher turnover reflects better operational efficiency and reduced holding period of inventory.

6) Trade Receivables Turnover Ratio

The receivable turnover slightly declined from 13.54 to 12.33. While collection efficiency remains strong, the marginal decline suggests a slightly longer credit period extended to customers.

7) Net Capital Ratio

The ratio marginally decreased from 5.95 to 5.80, indicating stable capital structure with minor variation year-on-year.

8) Interest Service Coverage Ratio

Interest coverage improved significantly from 0.05 to 0.47. Though still below the ideal benchmark of 1.5 or above, the company has strengthened its ability to meet interest obligations compared to the previous year.

9) Long-Term Debt to Working Capital

This ratio increased from 0.17 to 0.37. The rise suggests a relatively higher proportion of long-term debt compared to working capital, though overall leverage has reduced.

10) Current Liability Ratio

The ratio increased slightly from 0.98 to 1.00, indicating stable short-term obligation levels relative to total liabilities.

11) Total Debt to Total Assets

The ratio declined from 0.48 to 0.36, reflecting improved solvency and reduced financial risk. The company is now less dependent on debt financing.

12) Operating Margin

Operating margin improved sharply from 0.04 to 0.60. This indicates substantial improvement in operational efficiency and cost control during FY 2024-25.

13) Net Profit Ratio

The net profit ratio improved from -1.03 to -0.66. Although still negative, the narrowing losses show positive movement toward profitability.