Modern Bazaar Annual Reports, Balance Sheet and Financials

New Modern Bazaar Departmental Stores Private Limited Standalone Balance Sheet (Rs in Crores)

Particulars	31-03-2025	31-03-2024
Shareholders ' Funds
Share Capital	0.01	0.01
Reserves and Surplus	27.66	26.24
Non-Current Liabilities
Long-term Borrowings	18.06	13.47
Current Liabilities
Short-term Borrowings	6.07	0.00
Trade Payables	56.56	63.68
Other Current Liabilities	12.30	7.31
Short-term Provisions	3.93	7.87
Total Equity And Liabilities	124.58	118.58
Non-Current Assets
Tangible Assets	20.98	23.03
Intangible Assets	0.04	0.07
Total Fixed Assets	21.02	23.10
Deferred Tax Assets (Net)	2.24	1.98
Long-term Loans and Advances	15.68	9.31
Current Assets
Inventories	72.41	62.52
Trade Receivables	0.75	0.77
Cash and Bank Balances	7.23	4.67
Other Current Assets	5.25	16.22
Total Assets	124.58	118.58

New Modern Bazaar Departmental Stores Private Limited Standalone Profit & Loss Statement (Rs in Crores)

Particulars	31-03-2025	31-03-2024
Revenue from Sale of Products	228.74	269.21
Other Operating Revenues	18.50	17.03
Total Revenue from Operations	247.25	286.24
Other Income	5.93	7.16
Total Revenue	253.18	293.41
Expenses:
Purchases of Stock-in-Trade	179.05	210.93
Changes in Inventories of Stock-in-Trade	(9.90)	(9.65)
Employee Benefit Expense	23.48	26.17
Finance Costs	1.98	2.06
Depreciation and Amortisation Expense	5.31	5.67
Other Expenses	51.31	54.67
Total Expenses	251.23	289.86
Profit Before Tax	1.95	3.55
Current Tax	0.78	1.19
Deferred Tax	(0.26)	(0.27)
Total Tax Expense	0.52	0.93
Profit for the Period	1.43	2.62
Basic Earnings Per Share (Rs.)	14,253.00	26,224.00
Diluted Earnings Per Share (Rs.)	14,253.00	26,224.00

New Modern Bazaar Departmental Stores Private Limited Standalone Cash Flow Statement (Rs in Crores)

Particulars	31-03-2025	31-03-2024
Profit Before Tax	1.95	3.55
Adjustments for:
Finance Costs	2.41	2.41
Depreciation and Amortisation Expense	5.31	5.67
Total Adjustments to Profit	7.72	8.08
Changes in Working Capital:
(Increase)/Decrease in Inventories	(9.90)	(9.65)
(Increase)/Decrease in Trade Receivables	0.02	(0.16)
(Increase)/Decrease in Other Current Assets	10.97	(6.11)
Increase/(Decrease) in Trade Payables	(7.12)	7.42
Increase/(Decrease) in Other Current Liabilities	4.99	(0.41)
Increase/(Decrease) in Provisions	(11.08)	5.53
Total Adjustments for Working Capital	(12.12)	(3.37)
Net Cash Flow from/(used in) Operations	(2.45)	8.26
Interest Paid	2.41	2.41
Net Cash Flow from/(used in) Operating Activities	(4.86)	5.85
Cash Flows from Investing Activities:
Proceeds from Sale of Tangible Assets	0.02	0.10
Purchase of Tangible Assets	(3.24)	(4.36)
Net Cash Flow from/(used in) Investing Activities	(3.22)	(4.26)
Cash Flows from Financing Activities:
Proceeds from Borrowings	10.65	(2.45)
Net Cash Flow from/(used in) Financing Activities	10.65	(2.45)
Net Increase/(Decrease) in Cash and Cash Equivalents	2.56	(0.86)
Cash and Cash Equivalents at Beginning of the Period	4.67	5.53
Cash and Cash Equivalents at End of the Period	7.23	4.67

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

Cash Flow from Operating activities

The Company reported a net cash outflow from operating activities of Rs. (4.86) crores during FY 2024-25, compared to a net cash inflow of Rs. 5.85 crores in FY 2023-24, reflecting a significant deterioration in operating cash generation. The decline was primarily attributable to a substantial increase in inventory levels, indicating higher working capital deployment to support business operations and anticipated demand. Additionally, lower trade payables and provisions reduced the extent of supplier and liability financing available during the year, further impacting operating cash flows. Despite the reported operating performance, increased working capital absorption constrained cash generation from core business activities.

 

Cash Flow from Investing activities

Net cash used in investing activities amounted to Rs. (3.22) crores during FY 2024-25, compared with Rs. (4.26) crores in FY 2023-24. The outflow was primarily driven by capital expenditure towards the acquisition of tangible fixed assets aimed at strengthening the Company 's operational infrastructure and supporting future business growth. Although investment spending remained significant, the lower outflow compared to the previous year indicates relatively moderated capital expenditure. Continued investments in productive assets demonstrate the Company 's focus on capacity enhancement, operational efficiency, and long-term value creation while maintaining a disciplined investment approach.

 

Cash Flow from Financing activities

The Company generated a net cash inflow from financing activities of Rs. 10.65 crores during FY 2024-25, compared with a net cash outflow of Rs. (2.45) crores in FY 2023-24. The sharp improvement was primarily driven by fresh borrowings raised during the year, providing additional liquidity to support working capital requirements and capital investments. The higher financing inflows more than offset the cash outflows from operating and investing activities, strengthening the Company 's liquidity position. The increased reliance on external funding highlights management 's efforts to ensure adequate financial resources for ongoing operations and future business expansion initiatives.

Overall Cash Position

Despite recording negative cash flows from operating and investing activities, the Company 's overall cash position strengthened during FY 2024-25, supported by robust financing inflows. Cash and cash equivalents increased by Rs. 2.56 crores during the year, rising from Rs. 4.67 crores as at 31 March 2024 to Rs. 7.23 crores as at 31 March 2025. The increase reflects the successful mobilization of external funds, which adequately compensated for higher working capital requirements and capital expenditure. The improved closing cash balance provides the Company with enhanced liquidity and greater financial flexibility to support its operational and strategic requirements going forward.