| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| National Stock Exchange of India Limited |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Non-Current Assets |
|
|
|
Property, Plant and Equipment |
1,120.44 |
1,004.28 |
|
Right of Use Assets |
530.84 |
168.46 |
|
Capital Work in Progress |
3.85 |
31.89 |
|
Goodwill |
206.86 |
206.86 |
|
Other Intangible Assets |
47.95 |
62.47 |
|
Intangible assets under development |
46.87 |
50.17 |
|
Investment in associates |
616.18 |
685.85 |
|
Investments |
13,882.90 |
14,128.07 |
|
Non-current bank balances |
2,843.66 |
3,821.63 |
|
Others |
166.11 |
154.85 |
|
Income Tax assets (net) |
1,313.04 |
1,046.31 |
|
Deferred tax assets (net) |
0.57 |
5.28 |
|
Other non-current assets |
1,467.65 |
702.69 |
|
Current Assets |
|
|
|
Investments |
16,483.10 |
10,470.99 |
|
Trade receivables |
1,512.21 |
1,864.66 |
|
Cash and Cash Equivalents |
17,297.85 |
23,303.12 |
|
Bank balances other than cash & cash Equivalents |
10,216.36 |
5,807.92 |
|
Other financial assets |
1,025.36 |
459.80 |
|
Other Current assets |
449.43 |
636.20 |
|
Assets classified as held for Sale |
238.40 |
852.50 |
|
Total Assets |
69,466.64 |
65,464.00 |
|
Core Settlement Guarantee Fund |
|
|
|
Core Settlement guarantee fund paid |
12,075.25 |
8,857.24 |
|
Core Settlement guarantee fund payable |
- |
52.98 |
|
Investor Protection Fund |
0.26 |
0.23 |
|
Equity |
|
|
|
Equity Share Capital |
247.50 |
49.50 |
|
Other Equity |
30,105.83 |
23,924.91 |
|
Non Controlling interest |
- |
-0.53 |
|
Non-Current Liabilities |
|
|
|
Lease Liabilities |
400.71 |
95.63 |
|
Other financial liabilities |
18.94 |
17.36 |
|
Provisions |
56.97 |
45.99 |
|
Deferred
tax liabilities (net) |
246.82 |
305.51 |
|
Contract
liabilities |
118.18 |
82.46 |
|
Other
non-current liabilities |
5.41 |
5.41 |
|
Current Liabilities |
|
|
|
Lease Liabilities |
105.50 |
29.00 |
|
Deposits |
3,703.41 |
3,264.87 |
|
Trade Payables: |
|
|
|
Total outstanding dues of micro & small enterprises |
20.53 |
5.83 |
|
Total outstanding dues of creditors other than the above |
431.72 |
326.92 |
|
Other financial liabilities |
16,513.96 |
22,344.87 |
|
Provisions |
178.31 |
105.23 |
|
Contract liabilities |
9.44 |
6.17 |
|
Income Tax Liabilities (net) |
326.51 |
102.90 |
|
Other current liabilities |
4,815.23 |
5,472.20 |
|
Liabilities directly associated with assets classified as held for
sale |
86.16 |
369.32 |
|
Total Equity and Liabilities |
69,466.64 |
65,464.00 |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Income |
|
|
|
Revenue from Operations |
17,140.68 |
14.780.01 |
|
Other Income |
2,036.15 |
1,653.60 |
|
Total Income |
19,176.83 |
16,433.61 |
|
Expenses |
|
|
|
Employee Benefit Expense |
671.79 |
460.39 |
|
Regulatory fees |
962.64 |
980.57 |
|
Depreciation and amortisation expense |
546.59 |
439.55 |
|
Other Expenses |
2,625.27 |
1,728.39 |
|
Total Expenses |
4,806.29 |
3,608.90 |
|
Profit before Exceptional items, Contribution to Core SGF, Share of
net profits of associates |
14,370.54 |
12,824.71 |
|
Share of net profits of associates accounted for using the equity method |
128.86 |
100.54 |
|
Profit before Exceptional items, Contribution to Core SGF, and Tax from
Continuing Operations |
14,499.40 |
12,925.25 |
|
Contribution to Core SGF |
234.09 |
1,740.97 |
|
Profit before Exceptional items and Tax from Continuing Operations |
14,265.31 |
11,184.28 |
|
Profit on sale of investment in associates |
1,209.47 |
- |
|
Profit before tax for the period/ year from continuing operations |
15,474.78 |
11,184.28 |
|
Current Tax |
3,938.99 |
2,626.16 |
|
Deferred tax expense/(benefit) |
-69.96 |
151.64 |
|
Profit for the period/ year from continuing operations |
11,605.75 |
8,406.48 |
|
Discontinued Operations |
|
|
|
Profit/ (Loss) from discontinued operations before tax |
733.27 |
-79.58 |
|
Tax expense of discontinued operations |
-151.33 |
-21.16 |
|
Profit/ (Loss) from discontinued operations |
581.94 |
-100.74 |
|
Profit for the period/ year |
12,187.69 |
8,305.74 |
|
Other Comprehensive Income |
|
|
|
Items that will be reclassified
to profit or loss |
|
|
|
Changes in fair value of FVOCI debt instruments |
40.83 |
20.82 |
|
Changes in foreign currency translation reserve |
8.57 |
2.44 |
|
Changes in foreign currency translation reserve pertaining to discontinued
operations |
0.06 |
0.09 |
|
Income
tax relating to items that will be reclassified to profit or loss |
|
|
|
Changes
in fair value of FVOCI debt instruments |
|
|
|
Items that will not be reclassified to profit or loss |
|
|
|
Re-measurements of post-employment benefit obligations |
-5.99 |
-3.23 |
|
Re-measurements of post-employment benefits obligations pertaining to
discontinued operations |
-2.56 |
-3.76 |
|
Changes in fair value of FVOCI equity instruments |
14.51 |
-7.12 |
|
Share of other comprehensive income of associates accounted for using
the equity method |
2.69 |
-3.00 |
|
Income
tax relating to items that will not be reclassified to profit or loss |
|
|
|
Remeasurements
of post-employment benefit obligations |
1.42 |
0.74 |
|
Remeasurements
of post-employment benefit obligations pertaining to discontinued operations |
0.64 |
0.95 |
|
Changes
in fair value of FVOCI equity instruments |
(7.10) |
2.94 |
|
Total other comprehensive income for the period, net of taxes |
42.79 |
5.63 |
|
Total comprehensive income for the period |
12,230.48 |
8,311.37 |
|
Profit attributable to: |
|
|
|
Owners of National Stock Exchange of India Limited |
12,187.94 |
8,305.66 |
|
Non-Controlling Interests |
-0.25 |
0.08 |
|
Other comprehensive income attributable to: |
|
|
|
Owners of National Stock Exchange of India Limited |
42.80 |
5.66 |
|
Non-Controlling Interests |
-0.01 |
-0.03 |
|
Total comprehensive income attributable to: |
|
|
|
Owners of National Stock Exchange of India Limited |
12,230.74 |
8,311.32 |
|
Non-Controlling Interests |
-0.26 |
0.05 |
|
Total comprehensive income from |
|
|
|
Continuing Operations |
11,650.40 |
8,414.83 |
|
Discontinued Operations |
580.34 |
-103.51 |
|
Earnings per equity share for profit from continuing operations (FV
Rs. 1/- each) |
|
|
|
Basic and Diluted |
46.89 |
33.97 |
|
Earnings per equity share for profit/ losses from discontinued operations (FV
Rs. 1/- each) |
|
|
|
Basic and Diluted |
2.35 |
-0.41 |
|
Earnings per equity share for profit from continuing and discontinued
operations (FV Rs. 1/- each) |
|
|
|
Basic and Diluted |
49.24 |
33.56 |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Cash Flow from Operating Activities |
|
|
|
Profit Before Tax from |
|
|
|
Continuing Operations |
15,474.78 |
11,184.28 |
|
Discontinued Operations |
733.27 |
-79.58 |
|
Profit Before tax including Discontinued Operations |
16,208.05 |
11,104.70 |
|
Adjustments for: |
|
|
|
Depreciation and amortisation expense |
570.21 |
471.64 |
|
Interest income from financial assets at amortised cost |
-745.27 |
-561.11 |
|
Income from Investments |
-958.17 |
-814.88 |
|
Interest income from Investments designated at FVOCI |
-168.42 |
-233.14 |
|
Rental Income |
-8.95 |
-1.48 |
|
Dividend income from equity investments designated at FVOCI |
- |
-3.72 |
|
Net gain on financial assets mandatorily measured at FVPL |
-643.47 |
-630.35 |
|
Net gain on sale of financial assets mandatorily measured at FVPL |
-377.65 |
-134.63 |
|
Net gain on sale of financial assets mandatorily measured at amortised
cost |
-1.14 |
- |
|
Profit on sale of investment in associates |
-1,209.47 |
-81.43 |
|
Net (gain)/loss on disposal of property, plant and equipment |
-18.18 |
3.55 |
|
Doubtful debts written off |
14.61 |
8.25 |
|
Impairment/(reversal) in value of investment |
-3.83 |
39.99 |
|
Provisions for doubtful debts |
-3.73 |
0.40 |
|
Write off of intangible assets under development |
0.54 |
- |
|
Share of net profit of associates accounted for by using the equity method |
-128.86 |
-100.54 |
|
Profit from the sale of investment in subsidiaries classified in discontinued operations |
-773.70 |
- |
|
Provisions
for contribution to the core settlement guarantee fund |
- |
52.98 |
|
Interest
on lease liabilities |
29.95 |
11.74 |
|
Change
in operating assets and liabilities |
|
|
|
(Increase)/Decrease
in Trade receivables |
348.92 |
-297.82 |
|
Increase
in Trade payables |
117.10 |
70.52 |
|
(Increase)
in other financial assets |
-296.01 |
-19.36 |
|
(Increase)/Decrease
in Other Assets |
181.61 |
120.20 |
|
Increase/(Decrease) in Other financial liabilities |
-5,496.10 |
17,298.56 |
|
Increase in Provisions |
79.15 |
31.15 |
|
Increase/(Decrease)
in Other Liabilities |
-623.87 |
3,885.46 |
|
Proceeds
of deposits |
438.54 |
383.76 |
|
Change
in core settlement guaranteed fund |
1,212.39 |
3,082.98 |
|
Cash
Generated from Operations |
7,744.25 |
33,687.42 |
|
Income
tax paid |
-3,652.76 |
-3,943.12 |
|
Net
Cash Inflow from Operating Activities-Total |
4,091.49 |
29,744.30 |
|
Cash
Flow from Investing Activities |
|
|
|
Purchase of property, plant, and equipment & intangible assets |
-1,305.69 |
-470.30 |
|
Proceeds
from the sale of property, plant & equipment |
29.95 |
1.06 |
|
Proceeds from Rental Income |
8.95 |
1.48 |
|
(Payment) from investments (net) |
-5,292.05 |
-6,153.20 |
|
Proceeds
from the sale of investment in associates |
1,448.44 |
127.74 |
|
Proceeds
from the sale of assets held for sale |
1,382.21 |
- |
|
(Payment)
for investment in associates |
-20.00 |
-40.00 |
|
(Payment) from fixed deposits/Bank balances other than cash & cash equivalents |
-3,407.56 |
-3,001.95 |
|
Interest
received |
1,584.26 |
1,180.32 |
|
Dividend received |
13.80 |
18.54 |
|
Net Cash Inflow from Investing Activities-Total |
-5,557.69 |
-8,336.31 |
|
Cash
Flow from Financing Activities |
|
|
|
Dividend paid |
-4,454.48 |
-3,959.00 |
|
Acquisition
of non-controlling interest in subsidiary |
-42.12 |
- |
|
Payment
of lease liabilities |
-73.20 |
-22.95 |
|
Interest
on lease liabilities |
-29.95 |
-11.74 |
|
Net
Cash Inflow from Financing Activities - Total |
-4,599.75 |
-3,993.69 |
|
Net
(Decrease)/Increase in Cash & Cash Equivalents |
-6,065.95 |
17,414.30 |
|
Cash and Cash Equivalents at the Beginning of the Year |
23,388.95 |
5,974.65 |
|
Cash and Cash Equivalents at the End of the Year |
17,323.00 |
23,388.95 |
|
Net
(Decrease)/Increase in Cash & Cash Equivalents |
-6,065.95 |
17,414.30 |
|
Cash and Cash Equivalents at the End of the year Comprises: |
|
|
|
Cash and cash equivalents from continuing operations |
17,297.85 |
23,303.12 |
|
Cash
and cash Equivalents classified as held for sale |
25.15 |
85.83 |
|
|
17,323.00 |
23,388.95 |
|
Non-Cash
items of investing and financing activities |
429.48 |
12.24 |
|
Cash
and Cash equivalents, as per above, comprise the following |
|
|
|
In
current accounts |
17,302.17 |
22,553.38 |
|
Deposits
with original maturity of less than three months |
18.83 |
835.56 |
|
Cash on Hand |
- |
0.01 |
|
Balances
as per the statement of Cash flows |
17,323.00 |
23,388.95 |
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 reported
a strong operating performance with a Profit
Before Tax (PBT) from continuing and discontinued operations
totaling ₹16,208.05
crores, a significant increase from ₹11,104.70 crores in
the previous year. However, numerous non-cash adjustments and changes in
working capital significantly impacted the net cash flow. These adjustments
included depreciation
and amortisation (₹570.21 crores), and a range of income
deductions such as interest income, dividend income, and gains on financial
asset sales. Notably, there were large
negative adjustments due to profit on sale of investments in
associates (₹1,209.47 crores) and discontinued subsidiaries (₹773.70 crores).
Changes in operating assets and liabilities had a substantial negative effect,
particularly from a massive reduction
in other financial liabilities (₹5,496.10 crores) and other liabilities (₹623.87 crores).
After accounting for taxes paid (₹3,652.76 crores), the net cash inflow from operating
activities dropped sharply to ₹4,091.49 crores, compared to ₹29,744.30 crores in
FY 2024.
Cash Flow from Investing Activities
In FY 2025, the company experienced a net cash outflow of ₹5,557.69 crores
from investing activities, though this was an improvement from the ₹8,336.31 crores
outflow in FY 2024. Major outflows included purchase of property, plant, and equipment (₹1,305.69
crores) and net
payments for investments (₹5,292.05 crores). However, there
were notable inflows from the sale
of associates (₹1,448.44 crores) and assets held for sale (₹1,382.21
crores). Interest and dividend income together contributed
around ₹1,598.06 crores,
further helping to offset investment costs. Despite these inflows, the net
investment remained negative, indicating continued capital expenditure and
portfolio adjustments.
Cash Flow from Financing Activities
The company’s financing
activities led to a net outflow of ₹4,599.75 crores in FY 2025,
a slight increase from ₹3,993.69
crores in FY 2024. The majority of the outflow was due to dividend payments totaling ₹4,454.48
crores, which shows a strong shareholder return policy.
Additional financing outflows came from lease
payments and interest on lease liabilities (₹103.15 crores) and
acquisition of
non-controlling interest (₹42.12 crores). No new borrowings or
equity infusions are reflected, indicating a conservative financing approach.
Net Cash Movement and Closing Position
Overall, the company reported a net decrease in cash and cash
equivalents of ₹6,065.95 crores during FY 2025, reversing the
large inflow of ₹17,414.30
crores in the previous year. This led to a reduction in closing
cash and cash equivalents from ₹23,388.95
crores to ₹17,323.00
crores. The closing balance comprised mostly current account balances (₹17,302.17
crores), with a small portion in short-term deposits and assets held
for sale. Despite the decrease, the company maintains a healthy liquidity position,
likely due to strong prior-year cash flows and disciplined financial
management.
|
2025 |
2024 |
|
|
Current Ratio |
2.82 |
1.88 |
|
Debt-Equity Ratio |
0.02 |
0.01 |
|
Debt Service
Coverage Ratio |
169.30 |
220.78 |
|
Return on Equity |
49.4% |
36.8% |
|
Trade Receivables
Turnover Ratio |
10.03 |
8.57 |
|
Trade Payables
Turnover Ratio |
11.35 |
10.81 |
|
Net Capital
Turnover Ratio |
1.60 |
1.72 |
|
Net Profit Ratio |
72.9% |
49.1% |
|
Return on Capital
Employed |
53.1% |
45.0% |
|
Return on
Investment |
7.4% |
7.3% |
Here is a summary of the Financial Ratios for the years 2025 and 2024:
Current
Ratio
The
current ratio increased from 1.88 in 2024 to 2.82 in 2025. This shows a strong
improvement in the company’s short-term liquidity position, meaning it has more
than enough current assets to cover its short-term liabilities.
Debt-Equity Ratio
The
debt-equity ratio remained very low, increasing slightly from 0.01 to 0.02.
This indicates that the company is mainly using its own equity to finance
operations and has minimal reliance on borrowed funds.
Debt Service Coverage Ratio
The ratio
decreased from 220.78 in 2024 to 169.30 in 2025. Despite the drop, the number
is still very high, showing the company is in an excellent position to meet its
debt obligations.
Return on Equity (ROE)
ROE
improved from 36.8% to 49.4%, which means the company generated higher returns
for shareholders in 2025. This indicates very good profitability and efficient
use of equity.
Trade Receivables Turnover Ratio
The ratio
increased from 8.57 to 10.03, meaning the company is collecting payments from
customers more quickly than before, which helps maintain strong cash flow.
Trade Payables Turnover Ratio
This
ratio rose slightly from 10.81 to 11.35, suggesting the company is paying its
suppliers faster, which could help build stronger supplier relationships.
Net Capital Turnover Ratio
The ratio
slightly declined from 1.72 to 1.60. This means the company is generating
slightly less revenue for every rupee of capital used, but overall efficiency
remains stable.
Net Profit Ratio
This
ratio increased significantly from 49.1% in 2024 to 72.9% in 2025. It shows that
the company is earning a much higher profit from its sales, which is a strong
sign of improved profitability.
Return on Capital Employed (ROCE)
ROCE
improved from 45.0% to 53.1%, indicating that the company is using its capital
very effectively to generate profits.
Return on Investment (ROI)
ROI remained stable, moving slightly from 7.3% to 7.4%, which shows consistent returns on investments made by the company.
