| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Otis Elevator Company India Ltd |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Non-current assets |
|
|
|
Property, plant, and equipment |
7,053 |
6,928 |
|
Right of use assets |
3,170 |
2,961 |
|
Capital work-in-progress |
1,028 |
458 |
|
Intangible assets |
443 |
537 |
|
Intangible assets under development |
522 |
506 |
|
Trade receivables |
1,300 |
1,441 |
|
Loans |
70 |
48 |
|
Other financial assets |
726 |
818 |
|
Deferred tax assets (net) |
7,517 |
7,022 |
|
Income tax assets (net) |
11 |
13 |
|
Other non-current assets |
6,580 |
6,284 |
|
Current assets |
|
|
|
Inventories |
25,983 |
22,765 |
|
Trade receivables |
55,456 |
45,833 |
|
Cash and cash equivalents |
94,570 |
65,371 |
|
Bank balances other than above |
678 |
608 |
|
Loans |
69 |
61 |
|
Other financial assets |
2,560 |
3,288 |
|
Income tax assets (net) |
3,541 |
2,766 |
|
Other current assets |
29,011 |
22,101 |
|
Asset held for sale |
704 |
10 |
|
Total Assets |
240,572 |
1,89,820 |
|
Equity and Liabilities |
|
|
|
Equity share capital |
1,181 |
1,181 |
|
Other equity |
44,878 |
25,748 |
|
Non-current liabilities |
|
|
|
Lease liabilities |
2,313 |
1,961 |
|
Other non-current liabilities |
5,202 |
2,719 |
|
Provisions |
6,372 |
5,961 |
|
Current liabilities |
|
|
|
Lease liabilities |
1,232 |
1,398 |
|
Total outstanding dues of micro and
small enterprises |
3,516 |
2,806 |
|
Total outstanding dues of creditors other than
micro and small enterprises |
56,193 |
50,486 |
|
Other financial liabilities |
3,985 |
4,039 |
|
Other current liabilities |
100,297 |
81,446 |
|
Provisions |
15,823 |
12,075 |
|
Total Equity and Liabilities |
240,992 |
1,89,820 |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Income |
|
|
|
Revenue from operations |
316,223 |
2,77,069 |
|
Other income |
9,846 |
6,277 |
|
Total income |
3,26,069 |
2,83,346 |
|
Expenses |
|
|
|
Cost of materials consumed |
1,71,028 |
1,45,477 |
|
Changes in Inventories of Finished goods |
-1,992 |
- |
|
Employee benefit expenses |
52,910 |
49,086 |
|
Finance costs |
551 |
514 |
|
Depreciation and amortisation expense |
2,965 |
2,666 |
|
Other expenses |
75,010 |
57,033 |
|
Total expenses |
3,00,472 |
2,54,776 |
|
Profit before tax |
25,597 |
28,570 |
|
Current tax |
7,100 |
7,650 |
|
Deferred tax charge |
-322 |
-194 |
|
Current tax relating to earlier years |
-285 |
155 |
|
Total tax expense |
6,493 |
7,611 |
|
Profit for the year |
19,104 |
20,959 |
|
Other comprehensive income |
|
|
|
Items that will not be reclassified subsequently to Profit or Loss: |
|
|
|
Actuarial (losses) arising from remeasurements of
post-employment benefits |
-672 |
-781 |
|
Income tax relating to items that will not be
reclassified to Profit or Loss |
167 |
196 |
|
Items that will be reclassified subsequently to Profit or Loss: |
|
|
|
Exchange differences on translating financial statements of foreign operations |
-22 |
-11 |
|
Income tax relating to items that will be subsequently reclassified to Profit or Loss |
6 |
3 |
|
Other comprehensive loss for the year, net of tax |
-521 |
-593 |
|
Total comprehensive income for the year |
18,583 |
20,366 |
|
Earnings per Share - (Basic and Diluted) |
161.78 |
177.5 |
Otis Elevator Company (India) Limited Consolidated Cash Flow Statement (Rs in Lakhs)
|
Particular |
31-03-2025 |
31-03-2024 |
|
Cash Flowfrom Operating Activities |
|
|
|
Profit Before tax |
25,597 |
28,570 |
|
Adjustments for: |
|
|
|
Depreciation and amortisation expense |
2,964 |
2,666 |
|
Provision for other financial assets |
- |
574 |
|
Provisions for other current assets |
183 |
131 |
|
Provisions for contingency recognised |
414 |
- |
|
Unrealised loss/(gain) on fluctuation in foreign exchange |
316 |
-313 |
|
Interest on lease liability |
438 |
427 |
|
Interest income on: |
|
|
|
Deposits with bank |
-4,479 |
-2,831 |
|
Income tax refund |
- |
-183 |
|
Loans to related parties |
- |
-131 |
|
Others |
-1 |
-4 |
|
Rent Income |
-17 |
- |
|
Loss on sale/disposal of property, plant & equipment |
-654 |
10 |
|
Provisions for contingency/write back of provision for contingency |
18 |
-1,082 |
|
Liabilities no longer required written back |
-3 |
-20 |
|
Bad trade receivables & other financial assets written off |
1,303 |
- |
|
Bad Debts provision utilised |
-1,159 |
-1,038 |
|
Bad non-financial assetswritten off |
46 |
- |
|
Interest due on micro and small enterprises |
41 |
73 |
|
Unwinding of interest on deposits/retention money employee loans |
-138 |
-59 |
|
Share based payment to employees |
547 |
604 |
|
Mark to market on foreign exchange forward contracts |
155 |
164 |
|
Cash generated from operations before WC changes |
2,55,571 |
27,558 |
|
Working capital changes: |
|
|
|
(Increase)/Decrease in trade receivables - current |
-10,335 |
108 |
|
Decrease/(Increase) in trade receivables - non current |
141 |
-852 |
|
(Increase)/Decrease in Inventories |
-3,218 |
3,719 |
|
Increase in trade payables |
6,015 |
942 |
|
Decrease/(Increase) in Other current financial assets |
674 |
-555 |
|
Increase in current loans |
-8 |
-4 |
|
Decrease/(Increase) in other non-current assets |
410 |
-134 |
|
Increase in other current assets |
-7,092 |
-7,150 |
|
Decrease in provisions - non current |
-3 |
-45 |
|
Increase in provisions - current |
3,084 |
2,497 |
|
(Decrease)/Increase in other current financial liabilities |
-103 |
155 |
|
Increase/(Decrease) in non-current liabilities |
531 |
-307 |
|
Decrease/(Increase) in other financial assets - non current |
215 |
-168 |
|
Increase in loans - non current |
-22 |
-9 |
|
Increase in other current liabilities |
20,796 |
6,384 |
|
Operating profit after WC changes |
36,656 |
32,139 |
|
Taxes paid (net of refund) |
-7,587 |
-5,733 |
|
Net cash flows generated from Operating Activities |
29,069 |
26,406 |
|
Cash flows from Investing Activities |
|
|
|
Purchase of Property, plant and equipment |
-3,008 |
-3,032 |
|
Proceeds from sale of property, plant and equipment |
783 |
- |
|
Rental Income |
26 |
1 |
|
Loans repaid by related parties |
- |
2,200 |
|
Interest received |
4,355 |
3,002 |
|
(Investment in)/Redemption of bank deposits |
-198 |
471 |
|
Net cash flows generated from Investing Activities |
1,958 |
2,642 |
|
Cash flows from Financing Activities |
|
|
|
Dividend paid |
-129 |
-15,890 |
|
Repayment of principal lease liabilities |
-1,260 |
-1,307 |
|
Increase in lease liabilities |
-438 |
-427 |
|
Net cash flows generated from Financing Activities |
-1,827 |
-17,624 |
|
Net Increase/(Decrease) in Cash and cash equivalents |
29,200 |
11,424 |
|
Cash and cash equivalents at the beginning of the year |
65,371 |
53,947 |
|
Cash and cash equivalents at the end of the year |
94,571 |
65,371 |
Summary of Cash
Flow statement for the year 2025 and 2024:
Cash Flow from Operating Activities
The company generated ₹29,069 lakhs
from operating activities in FY 2025 compared to ₹26,406 lakhs
in FY 2024, reflecting growth in core business cash generation. Profit before
tax declined slightly from ₹28,570 lakhs to ₹25,597 lakhs, but this was
supported by several non-cash adjustments such as depreciation (₹2,964 lakhs),
provisions for contingencies (₹414 lakhs), and employee share-based payments
(₹547 lakhs).
Working capital movements played a significant role in
operating cash flows. Positive factors included an increase in trade payables
(₹6,015 lakhs), higher current provisions (₹3,084 lakhs), and a sharp rise in
other current liabilities (₹20,796 lakhs). However, these were partly offset by
increases in trade receivables (₹10,335 lakhs) and other current assets (₹7,092
lakhs). After accounting for tax payments of ₹7,587 lakhs, operating activities
provided a strong and stable cash inflow, showing that business operations
remain the company’s main source of liquidity.
Cash Flow from Investing Activities
The company reported a net inflow of ₹1,958
lakhs in FY 2025 compared to ₹2,642 lakhs
in FY 2024. Major outflows included capital expenditure of ₹3,008 lakhs on
property, plant, and equipment. These were more than offset by inflows from
interest received (₹4,355 lakhs) and proceeds from sale of assets (₹783 lakhs).
While inflows were slightly lower than the previous year due to the absence of
related party loan repayments (₹2,200 lakhs received in FY 2024), overall,
investing activities remained positive, indicating disciplined capital spending
supported by income from financial investments.
Cash Flow from Financing Activities
Financing activities showed a net outflow of ₹1,827
lakhs in FY 2025, a significant improvement over the heavy
outflow of ₹17,624
lakhs in FY 2024. The prior year’s large dividend payout of
₹15,890 lakhs heavily reduced cash. In FY 2025, dividends paid were much lower
at ₹129 lakhs. Lease-related cash outflows (repayment of principal ₹1,260 lakhs
and interest on lease liabilities ₹438 lakhs) remained broadly consistent with
the prior year. The lower outflow reflects a more conservative financing
strategy, with less emphasis on dividend distribution and no new major debt
raised.
Net Position
Overall, the company recorded a net increase in
cash and cash equivalents of ₹29,200 lakhs in FY 2025, compared
to ₹11,424 lakhs in FY 2024. Year-end cash and cash equivalents rose from
₹65,371 lakhs to ₹94,571 lakhs, marking a robust
improvement in liquidity. The healthy operating cash flows, combined with
controlled capital expenditure and reduced financing outflows, strengthened the
cash position significantly, leaving the company well-positioned for future
investments and obligations.
