Presstonic Engineering Annual Reports, Balance Sheet and Financials

  Presstonic Engineering Limited Standalone Balance Sheet (Rs in Crores)

Particulars	31-03-2025	31-03-2024
Equity
Share Capital	7.71	7.71
Reserves And Surplus	17.98	17.11
Non-Current Liabilities
Long-Term Borrowings	3.65	1.61
Long-Term Provisions	0.10	0.01
Current Liabilities
Short-Term Borrowings	12.36	12.54
Trade Payables - Due To Micro And Small Enterprises	0.02	0.22
Trade Payables - Due To Others	2.49	1.25
Other Current Liabilities	2.79	0.35
Short-Term Provisions	0.22	0.12
Total Equity And Liabilities	47.31	40.92
Non-Current Assets
Property, Plant And Equipment	9.77	7.63
Intangible Assets	0.03	0.04
Capital Work-In-Progress	0.51	-
Intangible Assets Under Development	0.30	-
Deferred Tax Assets (Net)	0.14	0.06
Long-Term Loans And Advances	0.41	0.51
Other Non-Current Assets	0.86	0.44
Current Assets
Inventories	13.20	11.37
Trade Receivables	16.53	6.75
Cash And Bank Balances	2.92	11.21
Short-Term Loans And Advances	2.55	2.58
Other Current Assets	0.11	0.33
Total Assets	47.31	40.92

 

Presstonic Engineering Limited Standalone Profit & Loss Statement (Rs in Crores)

Particulars	31-03-2025	31-03-2024
Income
Revenue From Operations	21.04	26.19
Other Income	0.40	0.89
Total Income	21.44	27.08
Expenses
Cost Of Material Consumed	7.86	11.40
Change In Inventories Of Work In Progress And Finished Goods	-0.12	-0.79
Employee Benefit Expenses	2.75	2.33
Finance Costs	2.37	3.00
Depreciation And Amortisation Expenses	1.77	0.85
Other Expenses	5.92	7.47
Total Expenses	20.55	24.27
Profit Before Extraordinary Item And Tax	0.88	2.80
Prior Period Item	-	0.13
Profit Before Tax	0.88	2.67
Current Tax	0.10	-
Deferred Tax	-0.08	0.02
Prior Period Taxes	-	0.13
Profit After Tax	0.86	2.52
Earnings Per Share
Basic & Diluted	1.12	4.68

 

Presstonic Engineering Limited Standalone Cash Flow Statement (Rs in Crores)

Particulars	31-03-2025	31-03-2024
Cash Flow From Operating Activities
Net Profit Before Tax	0.89	2.67
Depreciation And Amortisation Expense	1.77	0.85
Provision For Gratuity	0.13	-0.09
Effect Of Exchange Rate Change	-0.01	-
Bad Debt, Provision For Doubtful Debts	0.03	-0.08
Interest Income	-0.33	-0.29
Finance Costs	2.37	3.00
Operating Profit Before Working Capital Changes	4.84	6.06
Adjustment For:
Inventories	-1.83	-0.50
Trade Receivables	-9.77	-1.51
Loans And Advances	-0.11	-0.81
Other Current Assets	0.21	-0.14
Other Non-Current Assets	-	-0.21
Trade Payables	1.04	-2.26
Other Current Liabilities	2.44	-0.34
Cash (Used In)/Generated From Operations	-3.17	0.29
Tax Paid (Net)	-0.04	-1.66
Net Cash (Used In)/Generated From Operating Activities	-3.21	-1.37
Cash Flow From Investing Activities
Purchase Of Property, Plant And Equipment	-4.82	-1.05
Sale Of Property, Plant And Equipment	0.19	-
Loans And Advances Given	-0.27	-
Proceeds From Loans And Advances	-0.58	-0.03
Interest Received	0.33	0.29
Net Cash (Used In)/Generated From Investing Activities	-5.15	-0.79
Cash Flow From Financing Activities
Proceeds From Issue Of Share Capital	-	23.31
Proceeds From Long Term Borrowings	4.41	-
Repayment Of Long Term Borrowings	-2.37	-2.81
Proceeds From Short Term Borrowings	2.00	-
Repayment Of Short Term Borrowings	-2.18	-0.59
Interest Paid	-2.37	-2.85
Net Cash (Used In)/Generated From Financing Activities	-0.50	11.14
Net Increase/(Decrease) In Cash And Cash Equivalents	-8.87	8.98
Opening Balance Of Cash And Cash Equivalents	9.24	0.26
Closing Balance Of Cash And Cash Equivalents	0.36	9.24

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

Cash Flow from Operating Activities

Presstonic Engineering Limited reported net cash outflow from operating activities of ₹3.21 crore in FY 2024–25, compared with ₹1.37 crore in FY 2023–24. Net profit before tax declined from ₹2.67 crore to ₹0.89 crore, while operating profit before working capital changes decreased from ₹6.06 crore to ₹4.84 crore. The company faced significant working capital pressure, particularly due to trade receivables, which resulted in a cash outflow of ₹9.77 crore, and inventories, which absorbed ₹1.83 crore. Although trade payables and other current liabilities contributed positive cash flows of ₹1.04 crore and ₹2.44 crore, respectively, these inflows were insufficient to offset the working capital outflows. Overall, the negative operating cash flow indicates difficulties in converting accounting profits into cash and highlights the need for better receivables collection and working capital management.

 

Cash Flow from Investing Activities

Net cash used in investing activities increased from ₹0.79 crore in FY 2023–24 to ₹5.15 crore in FY 2024–25. The primary reason was the increase in purchases of property, plant and equipment from ₹1.05 crore to ₹4.82 crore, indicating higher investment in fixed assets and potential expansion of production capacity. The company also received ₹0.19 crore from the sale of property, plant and equipment and ₹0.33 crore as interest income. However, loans and advances given and proceeds from loans and advances further affected the investing cash flow. The higher investing outflow may support future business growth, but it also increases the company 's immediate funding requirements, particularly when operating activities are generating negative cash flow.

 

Cash Flow from Financing Activities

Net cash used in financing activities stood at ₹0.50 crore in FY 2024–25, compared with net cash generated of ₹11.14 crore in FY 2023–24. During FY 2024–25, the company received ₹4.41 crore through long-term borrowings and ₹2.00 crore through short-term borrowings, while repaying ₹2.37 crore of long-term borrowings and ₹2.18 crore of short-term borrowings. Interest paid amounted to ₹2.37 crore. In contrast, the previous year benefited significantly from ₹23.31 crore raised through the issue of share capital. The absence of a similar equity inflow in the current year, combined with debt repayments and interest payments, resulted in a net financing outflow. This indicates that the company relied on borrowings to support its funding needs while continuing to meet its debt-servicing obligations.

 

Net Increase/Decrease in Cash and Cash Equivalents

The company recorded a net decrease in cash and cash equivalents of ₹8.87 crore in FY 2024–25, compared with a net increase of ₹8.98 crore in FY 2023–24. Consequently, the closing cash balance declined sharply from ₹9.24 crore to ₹0.36 crore. The reduction was primarily driven by negative operating cash flow of ₹3.21 crore and investing cash outflow of ₹5.15 crore, alongside a financing cash outflow of ₹0.50 crore. The decline in cash reserves indicates a significant deterioration in short-term liquidity and leaves the company with a limited cash buffer to meet immediate obligations. Overall, although the increased capital expenditure may support future growth, the company needs to improve operating cash generation, accelerate receivables collection and maintain adequate liquidity to meet its working capital and debt-servicing requirements.

 

Financial ratios of Presstonic Engineering Limited:

Particulars	31-03-2025	31-03-2024
Current ratio	1.97	2.23
Debt equity ratio	0.62	0.57
Debt service coverage ratio	1.35	2.02
Return on equity ratio	3.42%	16.99%
Inventory turnover ratio	1.71	2.35
Trade receivables turnover ratio	1.81	4.37
Trade payables turnover ratio	4.78	4.24
Net capital turnover ratio	1.21	1.47
Net profit ratio	4.11%	9.64%
Return on capital employed	7.81%	14.57%

Summary of Financial Ratios for the years 2025 and 2024:

Current Ratio

The current ratio of Presstonic Engineering Limited decreased from 2.23 in FY 2023–24 to 1.97 in FY 2024–25. This indicates a slight decline in the company 's short-term liquidity position. Although the ratio remains close to 2:1, suggesting that current assets are sufficient to cover current liabilities, the downward trend indicates some weakening in its ability to meet short-term obligations. The decline is also consistent with the reduction in cash and cash equivalents during FY 2024–25. The company should focus on improving cash collection and managing working capital efficiently to maintain a healthy liquidity position.

 

Debt-Equity Ratio

The debt-equity ratio increased from 0.57 in FY 2023–24 to 0.62 in FY 2024–25. This indicates a moderate increase in the company 's reliance on debt financing relative to shareholders ' funds. Although the ratio remains below 1, suggesting that debt is lower than equity under the stated measure, the upward movement indicates a slight increase in financial risk and interest obligations. The company should monitor its borrowing levels and ensure that additional debt is supported by sufficient operating cash flows and sustainable profitability.

 

Debt Service Coverage Ratio

The debt service coverage ratio declined from 2.02 in FY 2023–24 to 1.35 in FY 2024–25. This indicates a reduction in the company 's capacity to meet its debt repayment and interest obligations from the earnings or cash flow considered in the ratio. Although a ratio above 1 indicates that the available measure of earnings covers debt servicing, the decline suggests a narrower repayment cushion. The company should strengthen operating performance, improve cash flow generation and carefully manage its debt obligations to maintain financial stability.

 

Return on Equity Ratio

The return on equity ratio decreased significantly from 16.99% in FY 2023–24 to 3.42% in FY 2024–25. This indicates that the company generated substantially lower returns for its shareholders during the current year. The decline may be associated with reduced profitability, changes in the equity base or both. Such a sharp reduction can weaken investor confidence and reduce the attractiveness of the company 's equity. Presstonic Engineering Limited should focus on improving profit margins, controlling expenses and utilising shareholders ' funds more efficiently to enhance returns.

 

Inventory Turnover Ratio

The inventory turnover ratio declined from 2.35 times in FY 2023–24 to 1.71 times in FY 2024–25. This indicates that inventory was converted into sales or consumed in operations less frequently during the current year. The decline may suggest slower inventory movement, accumulation of stock or reduced sales relative to inventory levels. Lower inventory turnover can increase storage costs and tie up cash that could otherwise be used for business operations. The company should improve inventory planning, monitor stock levels and align production with customer demand to enhance inventory efficiency.

 

Trade Receivables Turnover Ratio

The trade receivables turnover ratio fell substantially from 4.37 times in FY 2023–24 to 1.81 times in FY 2024–25. This indicates that the company collected its trade receivables less frequently during the year, suggesting slower recovery of amounts due from customers. This deterioration is particularly concerning because the cash flow statement also shows a significant cash outflow associated with trade receivables. Slower collection can create liquidity pressure and increase the risk of delayed or doubtful payments. The company should strengthen credit control, establish clear payment terms and follow up regularly on overdue customer balances.

 

Trade Payables Turnover Ratio

The trade payables turnover ratio increased from 4.24 times in FY 2023–24 to 4.78 times in FY 2024–25. This indicates that the company settled its trade payables more frequently during the current year. The increase may reflect faster payments to suppliers or changes in the level of purchases and outstanding payables. While timely payments can support supplier relationships and improve creditworthiness, faster settlement may also reduce the cash available for other business requirements. The company should maintain an appropriate balance between meeting supplier obligations and preserving sufficient working capital.

 

Net Capital Turnover Ratio

The net capital turnover ratio declined from 1.47 times in FY 2023–24 to 1.21 times in FY 2024–25. This indicates that the company generated less revenue per unit of net capital employed in the business, based on the ratio 's stated calculation. The decline suggests reduced efficiency in utilising capital to generate sales and may be associated with slower revenue generation or a higher capital base. The company should improve sales performance, manage working capital effectively and ensure that investments in assets contribute adequately to revenue growth.

 

Net Profit Ratio

The net profit ratio decreased significantly from 9.64% in FY 2023–24 to 4.11% in FY 2024–25. This means that the company earned approximately ₹4.11 in net profit for every ₹100 of revenue in FY 2024–25, compared with ₹9.64 in the previous year. The decline indicates considerable pressure on profitability and may reflect higher operating costs, finance expenses or other changes affecting net earnings relative to sales. The company should focus on cost control, operational efficiency and improving sales margins to restore profitability.

 

Return on Capital Employed

The return on capital employed declined from 14.57% in FY 2023–24 to 7.81% in FY 2024–25. This indicates that the company generated a lower return from the capital invested in its operations. The decline may reflect reduced operating profitability, increased capital employed or a combination of these factors. A lower return on capital employed suggests that the efficiency of capital utilisation has weakened and may affect the company 's ability to create value for investors and lenders. Presstonic Engineering Limited should improve operating earnings, use its assets more productively and ensure that new capital investments generate adequate returns.