Premier Cryogenics Annual Reports, Balance Sheet and Financials

Premier Cryogenics Limited Consolidated Balance Sheet (Rs in Lakhs)

Premier Cryogenics Limited Consolidated Profit & Loss Statement (Rs in Lakhs)

Premier Cryogenics Limited Consolidated Cash Flow Statement (Rs in Lakhs) 

Here is a summary of the Cash Flow Statement for the years 2025 and 2024:

Operating Activities:

In FY 2025, net profit before tax rose to ₹1,659.01 lakh from ₹1,566.62 lakh in FY 2024, supported by higher operating profits. However, unfavorable working capital changes—particularly increases in trade receivables and other current assets—reduced cash from operations to ₹1,304.61 lakh from ₹1,642.60 lakh. After higher tax payments, net operating cash flow declined to ₹870.88 lakh from ₹1,374.26 lakh.

Investing Activities:

The company continued to invest heavily, with ₹548.48 lakh in capital work-in-progress and ₹534.41 lakh in investments. Proceeds from the sale of investments and other income offset part of this outflow, reducing net cash used in investing to ₹469.86 lakh, an improvement from ₹765.46 lakh in 2024.

Financing Activities:

Financing outflows fell sharply to ₹102.54 lakh from ₹770.84 lakh due to minimal debt repayment and stable dividend payouts. This indicates better cash retention in financing operations.

Net Cash Flow and Cash Position:

Overall cash increased by ₹298.48 lakh in FY 2025 versus a decline of ₹162.04 lakh in FY 2024, lifting closing cash to ₹617.13 lakh. The improvement was driven by lower investing and financing outflows, despite reduced operating cash inflows.

Financial Ratios of Premier Cryogenics Limited

Here is a summary of the financial ratios for Premier Cryogenics Limited for the year 2025 and 2024:

Current Ratio:

The current ratio improved to 5.05 in FY 2025 from 4.48 in FY 2024, indicating a very strong liquidity position. This means the company has over five times the current assets needed to meet its short-term obligations. While this reflects low liquidity risk, such a high ratio may also indicate underutilized assets that could otherwise be invested for higher returns.

Debt-Equity Ratio:

The debt-equity ratio declined slightly from 0.14 in FY 2024 to 0.12 in FY 2025, showing reduced reliance on debt financing. This low gearing ratio indicates financial stability and low interest burden, but also suggests the company might be underleveraged and could potentially take on more debt to fund expansion without significantly increasing financial risk

Debt Service Coverage Ratio (DSCR):

The DSCR rose sharply to 7.17 in FY 2025 from 2.29 in FY 2024, reflecting a substantial improvement in the company’s ability to cover debt obligations from operating earnings. A ratio well above 1 indicates comfortable debt servicing capacity, and such a high level highlights strong operational cash flow relative to debt repayment needs.

Return on Equity:

ROE decreased slightly from 13.17% in FY 2024 to 12.48% in FY 2025, indicating a marginal decline in the profitability generated from shareholders’ equity. While still healthy, the fall suggests either higher equity base or slightly lower net earnings relative to equity investment.

Inventory Turnover Ratio:

Inventory turnover improved marginally to 51.33 from 50.51, suggesting faster movement of inventory and efficient stock management. High turnover reflects strong sales or effective production planning, reducing the risk of inventory obsolescence.

Trade Receivables Turnover Ratio:

This ratio slipped from 2.19 in FY 2024 to 2.09 in FY 2025, indicating slightly slower collection of receivables. While the change is small, it may point to marginally higher credit periods extended to customers, potentially affecting cash flow.

Trade Payables Turnover Ratio:

The trade payables turnover increased from 30.02 in FY 2024 to 33.63 in FY 2025, implying that the company is settling its supplier obligations more quickly. While this reflects strong liquidity and supplier relationships, it might also reduce opportunities to optimize working capital through extended credit terms.

Net Capital Turnover Ratio:

The ratio fell from 1.23 in FY 2024 to 1.05 in FY 2025, indicating a slight decline in the efficiency of using working capital to generate sales. This could be due to an increase in current assets or a decline in sales growth relative to working capital employed.

Net Profit Ratio:

Net profit margin increased to 17.46% in FY 2025 from 16.71% in FY 2024, reflecting improved cost control or higher operational efficiency. This improvement suggests that the company is generating more profit per unit of revenue.

Return on Capital Employed – ROCE:

ROCE decreased from 17.13% to 15.96%, indicating slightly reduced efficiency in generating returns from the total capital (debt plus equity) employed. This may be due to higher capital investment without a proportionate increase in earnings.

Return on Investment (ROI):

ROI declined from 7.31% in FY 2024 to 6.63% in FY 2025, suggesting a slight drop in the returns generated from the company’s total investments. This could reflect lower profitability or a shift towards more long-term investments that have not yet yielded full returns.