Orbis Financial Annual Reports, Balance Sheet and Financials

Orbis Financial Corporation Limited Consolidated Balance Sheet (Rs in Crores)

Orbis Financial Corporation Limited Standalone Profit & Loss Statement (Rs in Crores)

Orbis Financial Corporation Limited Standalone Cash Flow Statement (Rs in Crores)

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

Cash Flows from Operating Activities

For the year ended March 31, 2025, the company recorded a profit before tax of ₹274.98 crore, compared to ₹187.19 crore in the previous year, indicating improved profitability. After adjusting for non-cash and non-operating items such as depreciation and amortization of ₹5.76 crore, share-based payments of ₹13.99 crore, and finance costs of ₹98.56 crore, the operating profit before working capital changes stood at ₹389.91 crore as against ₹272.59 crore in 2024. Despite this improvement, significant movements in working capital adversely affected cash flows. Trade receivables increased by ₹60.60 crore, which means more funds were tied up in customer dues. There was also a sharp reduction in other financial liabilities amounting to ₹923.16 crore, reducing available cash. However, there was a positive impact from the decrease in other financial assets by ₹532.84 crore and an increase in trade payables of ₹13.38 crore. After factoring in all these changes, the cash generated from operations turned negative at ₹45.98 crore, compared to a positive ₹75.78 crore in 2024. Further, payment of income tax of ₹62.95 crore reduced the overall cash position. Consequently, the net cash used in operating activities was ₹108.93 crore in 2025, showing a major decline from the inflow of ₹22.80 crore reported in 2024. This indicates that while the company’s operations were profitable, increased working capital outflows and liability reductions led to a cash deficit from operations.

Cash Flows from Investing Activities

The company’s investing activities resulted in a small positive cash flow of ₹2.23 crore in 2025 compared to ₹65.71 crore in 2024. During the year, the company spent ₹15.03 crore on the purchase of property, plant, and equipment and intangible assets, showing higher capital expenditure than ₹4.87 crore in the previous year. The company generated inflows of ₹15.63 crore from the sale of government securities and ₹3.90 crore from the sale of investment property. Rental income and interest on fixed deposits contributed ₹0.08 crore and ₹1.01 crore respectively. However, unlike the previous year, there were no proceeds from the sale of mutual funds or bonds, which had contributed ₹51.04 crore and ₹5.92 crore respectively in 2024. Despite higher capital spending, the sale of investment property and government securities helped maintain a small net inflow. Overall, investing activities show the company continued to allocate funds for asset expansion while strategically liquidating certain investments to support cash balance.

Cash Flows from Financing Activities

Financing activities reflected a total net cash outflow of ₹107.19 crore in 2025, compared to an inflow of ₹27.68 crore in 2024. During the year, the company raised ₹5.15 crore through the issuance of equity share capital, a steep decline from ₹102.91 crore in the previous year, reflecting reduced capital raising activity. Interest payments increased to ₹97.50 crore from ₹63.63 crore in 2024, showing higher finance costs. Payments related to lease liabilities remained constant at ₹2.50 crore, and dividend payments rose to ₹12.34 crore from ₹9.10 crore in 2024. The combined impact of lower equity proceeds and higher interest and dividend payments led to a negative cash flow from financing activities. This suggests the company relied less on external financing during the year and focused more on servicing its existing obligations.

Net Change in Cash and Cash Equivalents

After combining all three activities, the company reported a net decrease in cash and cash equivalents of ₹213.89 crore in 2025, compared to a net increase of ₹116.19 crore in 2024. The company began the year with a cash balance of ₹599.76 crore and ended with ₹385.87 crore. The closing balance comprised ₹89.44 crore held in current accounts and ₹296.43 crore in fixed deposits with an original maturity of less than three months.

Financial Ratios of Orbis Financial Corporation Limited

Summary of the financial ratio for Orbis Financial Corporation Limited for the year 2025 and 2024:

Current Ratio

The current ratio improved slightly to 1.24 in 2025 from 1.14 in 2024. This indicates that the company’s ability to meet its short-term obligations with its current assets has strengthened during the year. A ratio above 1 suggests that the company has sufficient current assets to cover its current liabilities, reflecting a better liquidity position and more comfortable short-term financial stability.

Debt-Equity Ratio

The debt-equity ratio decreased to 0.01 in 2025 from 0.02 in 2024. This shows that the company has very minimal dependence on borrowed funds and is largely financed by shareholders’ equity. A lower ratio indicates a conservative capital structure and low financial risk, which strengthens the company’s solvency and long-term stability.

Debt Service Coverage Ratio (DSCR)

The DSCR slightly decreased to 3.03 in 2025 from 3.08 in 2024, indicating that the company continues to generate over three times the cash required to meet its debt servicing obligations. Although there is a marginal decline, the ratio still reflects a strong ability to service interest and principal payments comfortably, demonstrating sound financial health.

Return on Equity (ROE)

Return on equity rose to 25.67% in 2025 from 25.05% in 2024. This improvement shows that the company generated higher profits for its shareholders relative to their equity investment. A high and rising ROE signifies efficient use of shareholders’ funds and strong profitability, enhancing investor confidence.

Trade Receivables Turnover Ratio

The trade receivables turnover ratio declined from 4.35 in 2024 to 3.60 in 2025. This indicates that the company collected payments from its customers more slowly than before. The drop suggests that receivables are being converted to cash less frequently, which could slightly affect cash flow efficiency and working capital management if the trend continues.

Trade Payables Turnover Ratio

The trade payables turnover ratio fell slightly from 1.33 in 2024 to 1.28 in 2025. This implies that the company is taking a bit longer to pay its suppliers. While slower payments can help preserve cash in the short term, maintaining a balance is important to ensure good supplier relationships and continued credit support.

Net Capital Turnover Ratio

The net capital turnover ratio decreased from 0.72 in 2024 to 0.69 in 2025. This means that for every rupee of capital employed, the company is generating slightly less revenue compared to the previous year. Although the decline is minor, it indicates a slight reduction in the efficiency of using working capital to generate sales.

Net Profit Ratio

The net profit ratio increased significantly from 33.06% in 2024 to 36.65% in 2025. This improvement shows that the company managed to retain a higher portion of its revenue as net profit, likely due to better cost control, higher sales efficiency, or improved margins. The increase reflects stronger profitability and operational performance.

Return on Capital Employed (ROCE)

The return on capital employed improved notably from 36.50% in 2024 to 41.96% in 2025. This means the company generated higher returns from the capital it employed in the business. The increase highlights more efficient utilization of resources and effective management of both equity and debt to produce profits.

Return on Investment (ROI)

The return on investment rose from 2.79% in 2024 to 4.72% in 2025. This indicates that the company achieved better returns on its overall investments compared to the previous year. The improvement shows that the company’s investments are becoming more productive and contributing positively to its profitability and financial performance.