Pace Digitek Annual Reports, Balance Sheet and Financials
Last Traded Price 215.00 + 0.00 %
Last Traded Price 215.00 + 0.00 %
| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Pace Digitek Limited |
|
Particular |
31-03-2025 |
31-03-2024 |
|
Non- Current assets |
||
|
Property, Plant and Equipment |
1,147.32 |
1,070.97 |
|
Capital work-in-progress |
320.86 |
98.05 |
|
Investment property |
17.86 |
18.78 |
|
Right use-of-use assets |
8.32 |
4.81 |
|
Goodwill |
3.64 |
3.64 |
|
Other intangible assets |
287.51 |
290.40 |
|
Other financial assets |
954.09 |
547.91 |
|
Deferred tax assets (net) |
226.92 |
55.41 |
|
Non-current tax assets (net) |
48.25 |
49.26 |
|
Other non-current assets |
280.42 |
68.46 |
|
Current assets |
||
|
Inventories |
1,126.29 |
2,716.89 |
|
Trade receivables |
18,431.18 |
10,764.41 |
|
Cash and cash equivalents |
783.54 |
957.49 |
|
Bank balances other than above |
1,380.49 |
3,986.89 |
|
Loans |
- |
5.02 |
|
Other financial assets |
74.25 |
171.70 |
|
Other current assets |
1,398.62 |
1,728.58 |
|
Total Assets |
26,489.56 |
22,538.67 |
|
Equity |
||
|
Equity Share Capital |
356.88 |
50.00 |
|
Other Equity |
11,342.07 |
5,345.77 |
|
Non-controlling interest |
391.07 |
276.20 |
|
Non-current liabilities |
||
|
Borrowings |
241.75 |
250.44 |
|
Lease liabilities |
4.53 |
3.17 |
|
Other financial liabilities |
1.80 |
9.59 |
|
Provisions |
649.83 |
309.57 |
|
Current liabilities |
||
|
Borrowings |
1,365.24 |
4,681.43 |
|
Lease liabilities |
3.92 |
1.53 |
|
Trade payables |
|
|
|
Total outstanding dues of micro and small enterprises |
138.98 |
0.36 |
|
Total outstanding dues of creditors other than micro and
small enterprises |
10,011.27 |
10,021.00 |
|
Other financial liabilities |
606.31 |
845.82 |
|
Other current liabilities |
205.78 |
141.50 |
|
Provisions |
290.90 |
33.41 |
|
Current tax liabilities |
879.23 |
568.88 |
|
Total equity and liabilities |
26,489.56 |
22,538.67 |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Revenue from operations |
24,387.80 |
24,344.89 |
|
Other Income |
234.22 |
257.77 |
|
Total income |
24,622.02 |
24,602.66 |
|
Expenses |
|
|
|
Cost of materials consumed |
7,180.57 |
15,589.50 |
|
Engineering, procurement and construction project expenses |
9,156.38 |
3,613.40 |
|
Purchase
of stock in trade |
47.15 |
391.77 |
|
Change in inventories |
850.97 |
(809.91) |
|
Employee benefit expense |
667.13 |
531.85 |
|
Finance costs |
1,151.50 |
1,119.07 |
|
Depreciation and amortization expense |
60.49 |
50.92 |
|
Other expenses |
1,668.54 |
1,048.60 |
|
Total expenses |
20,782.73 |
21,535.20 |
|
Profit Before Tax |
3,839.29 |
3,067.46 |
|
Current tax |
1,146.33 |
781.09 |
|
Deferred tax |
(171.54) |
0.07 |
|
Tax related to earlier years |
73.48 |
(12.41) |
|
Profit for the year |
2,791.02 |
2,298.71 |
|
Other Comprehensive Income (OCI) |
|
|
|
Items that will not be reclassified subsequently to profit or loss: |
|
|
|
Remeasurements of the defined benefit plans |
0.19 |
29.03 |
|
Income tax relating to above |
(0.05) |
(7.31) |
|
Items
that will be reclassified to profit or loss: |
|
|
|
Exchange
differences on translation of foreign operations |
o.53 |
0.00 |
|
Total Comprehensive Income for the year |
2,791.69 |
2,320.43 |
|
Earnings per equity share |
|
|
|
Basic |
16.30 |
14.63 |
|
Diluted |
16.30 |
14.63 |
|
Particular |
31-03-2025 |
31-03-2024 |
|
Cash Flow From Operating Activities |
|
|
|
Profit before tax |
3,839.29 |
3,067.46 |
|
Adjustments for: |
|
|
|
Depreciation and amortisation expense |
60.49 |
50.92 |
|
Finance costs |
1,150.48 |
1,118.97 |
|
Profit/(loss)
on sale of property, plant and equipment |
(2.79) |
- |
|
Interest
income on security deposits |
(2.18) |
- |
|
Liability
written back |
(10.52) |
(15.75) |
|
Balances
written off |
187.38 |
74.94 |
|
Loss
allowance for trade receivable |
(24.11) |
98.47 |
|
Interest
income on delayed payment |
(4.67) |
- |
|
Interest
on lease liabilities |
1.03 |
0.10 |
|
Disposal
of intangible assets under development |
11.56 |
7.41 |
|
Interest
received on fixed deposits |
(180.39) |
(190.59) |
|
Provision
for liquidity damages |
216.57 |
- |
|
Provision
for warranty |
380.70 |
273.23 |
|
Rental
income |
(6.93) |
(6.93) |
|
Operating Profit before changes in operating assets and liabilities |
5,615.89 |
4,478.24 |
|
Adjustments for: |
|
|
|
(Increase)/decrease
in trade receivables |
(7,830.03) |
(6,919.94) |
|
(Increase)/decrease
in other financial assets |
(296.04) |
(116.42) |
|
(Increase)/decrease
in other current assets |
117.99 |
(981.80) |
|
(Increase)/decrease
in inventories |
1,590.60 |
(2,118.59) |
|
(Decrease)/increase
in provisions |
0.48 |
7.68 |
|
(Decrease)/increase
in trade payables |
133.57 |
7.894.37 |
|
(Decrease)/increase
in other financial liabilities |
(247.25) |
152.68 |
|
(Decrease)/increase
in other liabilities |
64.28 |
(39.34) |
|
Cash generated from operations |
(850.49) |
2,356.88 |
|
Income
taxes paid (net of refunds) |
(908.37) |
(215.65) |
|
Net cash generated/(used in) from
operating activities |
(1,758.86) |
2,141.24 |
|
Cash Flow From Investing Activities |
|
|
|
Purchase
of property, plant and equipment |
(365.60) |
(58.84) |
|
Proceeds
from sale of property, plant and equipment |
4.38 |
- |
|
Loan
granted during the year |
- |
(3.98) |
|
Loan
received back during the year |
5.02 |
- |
|
Investment
made |
- |
0.50 |
|
Rent
received |
6.93 |
6.93 |
|
(Investment)/proceeds
from fixed deposits (net) |
2,606.98 |
(3,453.09) |
|
Interest
received on fixed deposits |
180.39 |
330.71 |
|
Net cash generated from/ (used in)
financing activity |
2,438.10 |
(3,177.77) |
|
Cash Flow From Financing Activities |
|
|
|
Proceeds
of long term borrowings |
218.10 |
- |
|
Repayment
of long term borrowings |
(482.06) |
(1,184.42) |
|
(Repayment)/proceeds
of short term borrowings (net) |
(3,060.92) |
3,562.28 |
|
Payment
of lease liabilities |
(4.18) |
(0.50) |
|
Proceeds
from issue of equity shares |
3,626.36 |
- |
|
Finance
cost paid |
(1,150.48) |
(486.01) |
|
Net cash generated from/ (used) in financing activity |
(853.18) |
1.891.35 |
|
Net Increase/(Decrease) in Cash and Cash Equivalents |
(173.94) |
854.81 |
|
Opening balance of cash and cash equivalents |
957.49 |
102.68 |
|
Closing balance of cash and cash
equivalents |
783.54 |
957.49 |
Summary of the Cash Flow Statement
for the years 2025 and 2024:
Cash Flow from Operating Activities
In 2025,
the company reported a profit before tax of ₹3,839.29 million, higher
than ₹3,067.46 million in 2024, showing better profitability. However,
after making adjustments for depreciation, finance costs, provisions, and large
changes in working capital, the operating cash flow turned negative at ₹1,758.86
million, compared to a positive ₹2,141.24 million in the previous
year. The main reason for this decline was a sharp rise in trade receivables of
₹7,830.03 million, which indicates that although sales were booked, cash
collections from customers were delayed. This highlights stress in working
capital management despite stronger earnings.
Cash Flow
from Investing Activities
The
company generated a positive cash inflow of ₹2,438.10 million from
investing activities in 2025, against a cash outflow of ₹3,177.77 million
in 2024. This improvement was mainly due to proceeds from maturity of fixed
deposits worth ₹2,606.98 million, interest received of ₹180.39
million, and rent income. Although the company spent ₹365.60 million
on purchase of property, plant, and equipment, overall cash flow from investing
activities was healthy and supportive in 2025.
Cash Flow
from Financing Activities
From
financing activities, the company recorded a net outflow of ₹853.18 million
in 2025, compared to an inflow of ₹1,891.35 million in 2024. The outflow
was mainly due to repayment of borrowings (both long-term and short-term) and
finance cost payments of ₹1,150.48 million. However, this was partially
offset by proceeds from the issue of equity shares worth ₹3,626.36 million,
which strengthened the capital base.
Net Cash
Position
Overall,
the company’s net cash decreased by ₹173.94 million in 2025, compared to
a net increase of ₹854.81 million in 2024. As a result, closing cash and
cash equivalents stood at ₹783.54 million in 2025, down from ₹957.49
million in 2024. This decline mainly reflects pressure from operating
activities, even though investing cash inflows improved and equity infusion
supported financing.
|
Particular |
31-03-2025 |
31-03-2024 |
|
Current Ratio |
1.53 |
1.14 |
|
Debt Equity Ratio |
0.14 |
1.24 |
|
Debt Service Coverage Ratio |
2.42 |
0.51 |
|
Return on Equity Ratio |
34.04% |
56.39% |
|
Inventory Turnover Ratio |
28.47 |
34.23 |
|
Trade receivable Turnover Ratio |
1.70 |
3.99 |
|
Trade Payable Turnover Ratio |
1.85 |
4.08 |
|
Net Capital Turnover Ratio |
4.98 |
16.22 |
|
Net Profit Ratio |
10.27% |
7.34% |
|
Return on Capital Employed Ratio |
39.36% |
40.31% |
|
Return on investment |
8.06% |
3.97% |
Summary of the financial ratio for
the years 2025 and 2024
Current Ratio
The
current ratio improved to 1.53 in 2025 from 1.14 in 2024, showing
that the company’s ability to meet short-term obligations has strengthened. A
ratio above 1 indicates that current assets are higher than current
liabilities, which is a healthy sign of liquidity.
Debt-Equity
Ratio
The ratio
fell sharply to 0.14 in 2025 from 1.24 in 2024, which means the
company has reduced its dependence on debt and is now relying more on equity
funding. This lowers financial risk and improves long-term stability.
Debt
Service Coverage Ratio (DSCR)
DSCR rose
strongly to 2.42 in 2025 from 0.51 in 2024, indicating that the
company now generates enough earnings to comfortably cover its debt
obligations. This shows a significant improvement in financial health.
Return on
Equity (ROE)
ROE
declined to 34.04% in 2025 from a very high 56.39% in 2024. While
still strong, this fall indicates that shareholder returns have reduced
compared to the previous year. The drop may be due to lower efficiency or
reduced profits relative to equity.
Inventory
Turnover Ratio
The ratio
decreased to 28.47 in 2025 from 34.23 in 2024, meaning inventory
is moving slightly slower than before. This shows a dip in efficiency of
managing stock, which may tie up capital in unsold goods.
Trade
Receivables Turnover Ratio
The ratio
dropped to 1.70 in 2025 from 3.99 in 2024, which is a negative
sign. It means the company is collecting payments from customers more slowly,
leading to weaker cash flow.
Trade
Payables Turnover Ratio
This
ratio also fell to 1.85 in 2025 from 4.08 in 2024, showing that
the company is delaying payments to suppliers compared to the previous year.
While this helps liquidity in the short term, it may affect supplier
relationships.
Net
Capital Turnover Ratio
The ratio
declined sharply to 4.98 in 2025 from 16.22 in 2024, suggesting
that the efficiency of using working capital to generate sales has weakened.
This indicates less effective use of resources.
Net
Profit Ratio
The net
profit margin improved to 10.27% in 2025 from 7.34% in 2024,
which is a positive sign. The company is now earning more profit from each unit
of sales, reflecting better cost control and improved profitability.
Return on
Capital Employed (ROCE)
ROCE
remained almost stable at 39.36% in 2025 compared to 40.31% in 2024.
This shows that the company is maintaining strong efficiency in generating
returns from its overall capital employed.
Return on
Investment (ROI)
ROI
increased to 8.06% in 2025 from 3.97% in 2024, indicating better
returns from investments. This highlights improved efficiency in utilizing
surplus funds for investment purposes.
