Nidhan Commercial Company Ltd Annual Report and Financials

Nidhan Commercial Company Limited Standalone Balance Sheet (In Lakhs)

Particulars	2025	2024
ASSETS	-	-
Non-Current assets	-	-
Loans and deposits	118.45	4.05
Total non-current assets	118.45	4.05
CURRENT ASSETS
Financial assets
Cash and cash equivalents	7.09	81.72
Other current assets	4.49	54.53
Total Current assets	11.58	136.25
TOTAL ASSETS	130.03	140.30
EQUITY AND LIABILITIES
EQUITY
Equity share capital	29.84	29.84
Other equity	100.16	108.95
Total Equity	130.00	138.79
LIABILITIES
CURRENT LIABILITIES
Financial liabilities
Trade payables	-	0.31
Short Term Provisions	0.03	1.21
TOTAL EQUITY AND LIABILITIES	130.03	140.30

Nidhan Commercial Company Limited Standalone Profit & Loss Statement (In Lakhs)

Particulars	2025	2024
Revenue from operations	1.62	5.41
Other income	9.62	7.26
Total income	11.24	12.67
Expenses
Purchase of Stock-in-Trade	1.45	4.48
Employee Benefits Expenses	1.72	1.68
Depreciation expense	-	-
Other expenses	17.14	9.91
Total expenses	20.31	16.07
Profit before tax	(9.08)	(3.40)
Tax expense
Current tax		3.35
Profit (Loss) for the period	(9.08)	(6.75)
Other Comprehensive Income:
Total comprehensive income for the year	(9.08)	(6.75)
Earning per Share (Nominal Value ₹ 10/- per Share)
Basic and Diluted (In ₹ )	(3.05)	(2.26)

Nidhan Commercial Company Limited Standalone Cash Flow Statement (In Lakhs)

Particulars	2025	2024
Cash Flows from Operating Activities:
Net Profit before Taxation	(9.08)	(3.40)
Adjustment for:
- Depreciation	-	-
- Finance Income	(9.62)	(7.25)
- Profit on Sale of Fixed Asset	-	0.01
Changes in working capital:
- Other non-current asset	(114.40)	-
- Other current asset	50.04	(51.23)
- Trade & Other Payables	(1.19)	(0.33)
Cash Generated from Operating Activities -	(84.25)	(62.20)
Income Taxes Paid	-	(2.14)
Net Cash from Operating Activities -	(84.25)	(64.34)
Cash Flows from Investing Activities:
Interest Received	9.62	7.25
Sale of investments	-	136.70
Proceeds from Sale of Fixed Assets	-	0.21
Net Cash from/(used) in Investing Activities -	9.62	144.16
Cash Flows from Financing Activities:
Dividend paid	-	-
Net Cash from/(used) in Financing Activities -	-	-
Net Increase/(Decrease) in Cash & Cash Equivalent -	(74.63)	79.82
Opening Balance of Cash & Cash Equivalent	81.72	1.90
CLOSING BALANCE OF CASH & CASH EQUIVALENT	7.09	81.72

Cash Flow Analysis – NIDHAN COMMERCIAL CO. LTD.

The cash flow statement of Nidhan Commercial Co. Ltd. reflects a year of operational cash strain despite support from investing inflows in the previous year. The company’s liquidity position weakened significantly in FY2025, driven primarily by operating losses and working capital deployment.

Operating Cash Flow Performance

The company reported a net loss before tax of ₹9.08 lakh in FY2025 compared to a loss of ₹3.40 lakh in FY2024, indicating continued pressure on core profitability. After adjusting for finance income and working capital movements, net cash used in operating activities stood at ₹84.25 lakh, worsening from ₹64.34 lakh in FY2024.

A major factor behind the negative operating cash flow was a sharp increase in non-current assets (₹114.40 lakh), reflecting capital deployment or advances that have not yet translated into revenue. Although there was some release from current assets, it was insufficient to offset the overall cash drain. This suggests the company’s core operations are not generating sustainable internal cash and remain dependent on asset monetization or external liquidity.

Investing Cash Flow Trends

Investing activities generated ₹9.62 lakh in FY2025, primarily from finance/interest income, compared with a strong ₹144.16 lakh inflow in FY2024 driven by sale of investments. The absence of such large one-time investment sales in FY2025 indicates that the prior year’s liquidity support was non-recurring in nature.

This shift highlights a key structural concern: the company’s cash position previously relied on divestment rather than operating strength.

Financing Activities

No financing cash flows were recorded in either year, implying no fresh borrowings, equity infusion, or dividend payouts. The company is therefore operating without external capital support, which increases reliance on internal cash generation.

Net Cash Position & Liquidity

The cumulative effect of operating cash outflows and limited investing inflows resulted in a net cash decrease of ₹74.63 lakh in FY2025, reversing the positive increase of ₹79.82 lakh in FY2024. Consequently, cash and cash equivalents declined sharply from ₹81.72 lakh to ₹7.09 lakh, indicating a significant contraction in liquidity buffers.

Overall Interpretation

• Persistent operating losses and negative operating cash flows signal weak core business monetization.

• FY2024 cash strength was largely supported by investment sales, which did not recur in FY2025.

• Absence of financing inflows reflects conservative capital structure but also limited liquidity support.

• The steep decline in closing cash balance suggests tighter short-term financial flexibility.

In summary, the cash flow profile of Nidhan Commercial Co. Ltd. indicates pressure on operational sustainability and liquidity, with future stability dependent on improving operating cash generation and reducing reliance on asset-linked inflows.