| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| NCL Buildtek Limited |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Non-Current
Assets: |
|
|
|
Property,
Plant and Equipment |
18,483.46 |
16,214.32 |
|
Capital
Work in Progress |
310.25 |
234.53 |
|
Intangible
Assets |
9.67 |
5.78 |
|
Goodwill
on consolidation |
49.54 |
49.54 |
|
Right-of-use
Assets |
619.98 |
626.65 |
|
Investments |
1,070.10 |
3,849.42 |
|
Other
Financial Assets |
297.94 |
262.79 |
|
Trade
Receivables |
944.14 |
664.45 |
|
Other
Non-current Assets |
- |
131.70 |
|
Current
Assets: |
|
|
|
Inventories |
7,589.30 |
6,143.50 |
|
Trade
Receivables |
9,595.03 |
8,709.31 |
|
Cash
and Cash Equivalents |
257.77 |
268.78 |
|
Bank
Balances |
5,631.71 |
910.45 |
|
Others
Financial Assets |
443.67 |
1,726.13 |
|
Current
Tax Assets |
- |
509.63 |
|
Other
Current Assets |
1,000.36 |
1,330.17 |
|
Total
Assets |
46,302.90 |
41,637.14 |
|
Equity |
|
|
|
Equity
Share Capital |
1,156.97 |
1,156.97 |
|
Other
Equity |
21,971.88 |
18,103.52 |
|
Non-Current
Liabilities: |
|
|
|
Borrowings |
2,371.10 |
2,636.18 |
|
Provisions |
1,135.49 |
1,024.21 |
|
Deferred
Tax Liabilities (Net) |
1,150.68 |
1,346.46 |
|
Current
Liabilities: |
|
|
|
Borrowings |
6,096.37 |
5,930.59 |
|
Trade
Payables |
|
|
|
Dues
to MSMEs |
1,145.37 |
340.00 |
|
Dues
to Others |
4,655.28 |
3,074.99 |
|
Current
Maturities |
1,883.31 |
3,026.90 |
|
Other
Financial Liabilities |
3,801.02 |
3,667.70 |
|
Provisions |
143.67 |
127.36 |
|
Current
Tax Liabialities |
134.64 |
768.60 |
|
Other
Current Liabilities |
657.12 |
433.66 |
|
Total
Equity and Liabilities |
46,302.90 |
41,637.14 |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Revenue |
|
|
|
Revenue From
Operations |
40,420.04 |
43,548.83 |
|
Other Income |
196.32 |
154.76 |
|
Total Revenue |
40,616.36 |
43,703.59 |
|
Expenses |
|
|
|
Cost of Material
Consumed |
21,920.70 |
22,917.48 |
|
Purchases of Traded goods |
464.22 |
494.47 |
|
Changes in Inventories of
Finished Goods, WIP and Stock-in-Trade |
-709.59 |
-167.14 |
|
Other Manufacturing
expenses |
4,057.82 |
4,466.12 |
|
Employee Benefits
expenses |
6,303.84 |
6,098.97 |
|
Finance Cost |
1,267.29 |
1,473.88 |
|
Depreciation and
Amortization expenses |
1,175.07 |
1,131.60 |
|
Other Expenses |
4,904.90 |
4,924.12 |
|
Total Expenses |
39,384.27 |
41,339.56 |
|
Profit Before Exceptional
Items and Tax |
1,232.10 |
2,364.09 |
|
Exceptional Items |
4,568.32 |
6.75 |
|
Profit Before Tax |
5,800.42 |
2,370.84 |
|
Current Tax |
1,366.30 |
786.97 |
|
Deferred tax |
-169.04 |
-127.49 |
|
Adjustment of current tax
relating to earlier years |
192.35 |
73.18 |
|
Profit/(Loss) for the
period/year |
4,410.81 |
1,638.18 |
|
Share of profit of
associate |
- |
879.90 |
|
Share of profit of Joint
Ventures |
-21.09 |
-84.43 |
|
Other Comprehensive
Income |
|
|
|
Re-measurement
(loss)/gain on Employee Defined benefits plans |
18.41 |
59.77 |
|
Re-measurement
(Loss)/gain on Financials Instruments |
-219.42 |
- |
|
Tax Expenses |
26.74 |
-17.36 |
|
Total Comprehensive
Income |
4,215.45 |
2,476.06 |
|
Paid Up Equity Share
Capital |
1,156.97 |
1,156.97 |
|
Earnings Per Shares |
|
|
|
Excluding Exceptional
Items |
7.55 |
20.98 |
|
Including Exceptional
Items |
38.33 |
21.03 |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Cash
Flow from Operating Activities |
|
|
|
Profit
Before tax |
5800.42 |
2,370.84 |
|
Adjustments
for: |
|
|
|
Depreciation
of Property, Plant and Equipment |
1168.28 |
1,129.66 |
|
Amortization
of Intangible Assets |
6.78 |
6.32 |
|
Interest
Income and Notional Income |
-196.05 |
-110.29 |
|
Finance
Costs |
1267.29 |
1,536.63 |
|
Loss
on Sale of Property, Plant and Equipment |
-0.16 |
- |
|
Derecognition
of Financial Assets |
- |
2.09 |
|
Adjustment
for Exceptional Items |
-4620.77 |
-6.75 |
|
Operating
Profit before Working Capital changes |
3425.79 |
4,928.50 |
|
Adjustments
for (increase)/decrease in Operating Assets: |
|
|
|
Inventories |
-1445.80 |
-255.77 |
|
Trade
Receivables |
-1165.41 |
-48.52 |
|
Current
Financial Assets |
1313.30 |
-1,114.98 |
|
Non-Current
Financial Assets |
-35.15 |
-134.75 |
|
Other
Current Assets |
81.54 |
779.18 |
|
Adjustments
for increase/(decrease) in Operating Liabilities: |
|
|
|
Trade
Payables |
2385.67 |
-224.34 |
|
Other
Financial Liabilities |
133.32 |
531.48 |
|
Other
Current Financial Liabilities and Provisions |
369.46 |
680.31 |
|
Cash
(used in)/generated from Operations |
5062.72 |
5,141.10 |
|
Income
Taxes paid |
-1687.05 |
-1,130.18 |
|
Net
Cash (used in)/generated from Operating Activities |
3375.67 |
4,010.92 |
|
Cash
Flow from Investing Activities |
|
|
|
Purchase
of Property, Plant and Equipment, including Intangible Assets, Capital
Work-in-Progress and Capital Advances |
-3313.71 |
-1,672.62 |
|
Proceeds
from sale of Property, Plant and Equipment |
49.07 |
43.06 |
|
Interest
Received on Fixed Deposits |
149.86 |
110.23 |
|
Investment
in Shares |
-1019.20 |
- |
|
Proceeds
from sale of Investment |
8310.49 |
- |
|
Investment
in Joint Venture |
15.36 |
- |
|
Net
Cash used in Investing Activities |
4191.87 |
-1,519.32 |
|
Cash
Flow from Financing Activities |
|
|
|
Increase
in Non-current Assets |
- |
-131.70 |
|
Repayment
of Long-Term Borrowings |
-1408.68 |
-2,101.67 |
|
Proceeds
from / (repayment of) Short Term Borrowings (net) |
165.78 |
1,367.59 |
|
Dividend
and Dividend Distribution Tax paid |
-347.09 |
-173.55 |
|
Finance
Costs |
-1267.29 |
-1,536.63 |
|
Net
Cash (used in)/ from Financing Activities |
-2857.28 |
-2,575.95 |
|
Net
(decrease)/ increase in Cash and Cash Equivalents |
-4710.26 |
-84.36 |
|
Cash
and Cash Equivalents at the beginning of the year |
1179.22 |
1,263.60 |
|
Cash and Cash Equivalents at the end of the
year |
5889.48 |
1,179.23 |
Summary of
the Cash Flow Statement for the years 2025 and 2024:
Cash Flow from Operating
Activities
In
FY 2025, the company generated a net operating cash inflow of ₹3,375.67 lakhs, compared to ₹4,010.92 lakhs in FY 2024. Although
profit before tax increased substantially to ₹5,800.42 lakhs (from ₹2,370.84
lakhs), cash generation was partly offset by higher working capital
requirements. Inventories and trade receivables saw significant increases,
leading to cash outflows of over ₹2,600 lakhs. However, this was cushioned by
strong inflows from trade payables and financial assets. The decline in net
operating cash flow despite higher profitability indicates that more funds were
tied up in day-to-day operations in 2025 compared to the previous year.
Cash Flow from Investing
Activities
Investing
activities resulted in a net inflow of
₹4,191.87 lakhs in FY 2025, a sharp turnaround from the outflow of ₹1,519.32 lakhs in FY 2024.
The positive inflow was primarily due to proceeds of over ₹8,310 lakhs from the
sale of investments. At the same time, the company made substantial capital
expenditures of ₹3,313.71 lakhs towards property, plant, equipment, and
intangibles, and invested ₹1,019.20 lakhs in shares. Interest income from
deposits also provided ₹149.86 lakhs. The overall picture shows that while the
company continued to invest in capacity and assets, it realized significant
gains from divesting investments, making investing activities strongly cash
positive.
Cash Flow from Financing
Activities
Financing
activities led to a net cash outflow of
₹2,857.28 lakhs in FY 2025, slightly better than the outflow of ₹2,575.95
lakhs in FY 2024. The outflow was mainly due to repayment of long-term
borrowings (₹1,408.68 lakhs), dividend payout (₹347.09 lakhs), and finance
costs (₹1,267.29 lakhs). However, there was some relief from net proceeds of
short-term borrowings worth ₹165.78 lakhs. Compared to last year, when the
company had higher reliance on short-term borrowings, FY 2025 reflects more
repayments and financial discipline, though cash was still significantly
drained in this segment.
Net Movement in Cash and
Cash Equivalents
Overall,
the company reported a net increase in
cash and cash equivalents of ₹4,710.26 lakhs in FY 2025, compared to a
small decline of ₹84.36 lakhs in FY 2024. This remarkable improvement was
primarily due to strong inflows from investing activities, which more than
offset the cash drain from financing and slightly lower operating cash flows.
Consequently, cash and equivalents at year-end rose sharply to ₹5,889.48 lakhs from ₹1,179.23 lakhs a year earlier. This
indicates that the company has strengthened its liquidity position
significantly during FY 2025.
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Current
ratio |
1.32 |
1.13 |
|
Debt-Equity
Ratio |
0.45 |
0.6 |
|
Debt
Service coverage ratio |
1.61 |
0.9 |
|
Return
on Equity |
18.98% |
12.64% |
|
Inventory
Turnover ratio |
5.33 |
7.09 |
|
Trade
Receivables Turnover ratio |
4.21 |
5 |
|
Trade
Payables Turnover ratio |
3.91 |
6.74 |
|
Net
Capital turnover ratio |
6.63 |
7.34 |
|
Net
Profit Ratio |
10.86% |
5.59% |
|
Return
on Capital Employed |
20.66% |
15.68% |
|
Return
on Investment |
18.98% |
12.64% |
Summary of
the financial ratios of NCL Buildtek Limited of the year
2025 and 2024:
Current Ratio
The
current ratio improved slightly to 1.32
in 2025 from 1.13 in 2024,
showing that the company’s short-term liquidity has strengthened. It now has a
safer cushion of current assets over current liabilities, indicating better
ability to meet short-term obligations. However, the ratio is still on the
lower side compared to an ideal benchmark of 2, meaning liquidity management
remains an area to watch.
Debt-Equity Ratio
The
debt-equity ratio fell to 0.45 in 2025
from 0.60 in 2024, which signals a
healthier capital structure. The company is now relying less on borrowed funds
and more on its own equity, reducing financial risk and improving stability.
This indicates prudent debt management and stronger solvency.
Debt Service Coverage Ratio
(DSCR)
The
DSCR improved sharply to 1.61 in 2025
from 0.90 in 2024. This means the
company is now generating sufficient operating earnings to cover its debt
obligations. In 2024, the ratio was below 1, suggesting difficulty in covering
debt servicing, but in 2025 the company crossed the safe threshold, reflecting
stronger repayment capacity.
Return on Equity (ROE)
ROE
increased significantly to 18.98% in
2025 from 12.64% in 2024. This
improvement shows that shareholders’ funds are being used more efficiently to
generate profits. The company created more value for its investors in 2025,
reflecting stronger profitability and better returns on equity capital.
Inventory Turnover Ratio
The
inventory turnover ratio dropped to 5.33
times in 2025 from 7.09 times in
2024. This indicates that inventory is moving more slowly, meaning goods
are taking longer to be sold. While this could suggest higher stockholding, it
may also imply reduced sales efficiency or buildup of inventory that needs
monitoring.
Trade Receivables Turnover
Ratio
The
receivables turnover ratio declined to 4.21
times in 2025 from 5 times in 2024,
which means the company is collecting dues from customers at a slower pace. A
lower ratio implies higher credit extended to customers or slower collections,
potentially locking more cash in receivables.
Trade Payables Turnover
Ratio
The
payables turnover ratio decreased significantly to 3.91 times in 2025 from 6.74
times in 2024. This shows the company is taking longer to pay its
suppliers. While this improves short-term liquidity, stretching payables too
much may strain supplier relationships if not managed carefully.
Net Capital Turnover Ratio
The
net capital turnover ratio fell to 6.63
in 2025 from 7.34 in 2024,
suggesting a slight dip in the efficiency of using working capital to generate
sales. The company is generating slightly less revenue per unit of net working
capital compared to the previous year.
Net Profit Ratio
The
net profit ratio jumped to 10.86% in
2025 from 5.59% in 2024. This is
a strong improvement, indicating that the company is converting a larger
portion of its revenue into profit. It reflects better cost control,
efficiency, and overall profitability.
Return on Capital Employed
(ROCE)
ROCE
increased to 20.66% in 2025 from 15.68% in 2024, highlighting better
utilization of overall capital (both debt and equity). The business is
generating higher returns on the total funds employed, reflecting improved
operating efficiency and profitability.
Return on Investment (ROI)
ROI
improved to 18.98% in 2025 from 12.64% in 2024, aligning closely with
ROE. This shows that the investments made by the company are yielding better
returns, making 2025 a stronger year in terms of profitability and efficiency
compared to 2024.
