Priya International Limited Annual Report and Financials

Priya International Limited Standalone Balance Sheet (Rs in Lakhs)

Priya International Limited Standalone Profit & Loss Statement (Rs in Lakhs)

Priya International Limited Standalone Cash Flow Statement (Rs in Lakhs)

Summary of cash flow statement for the year 2025 and 2024:

Cash Flow from Operating Activities

The company reported a significant improvement in operating cash flows. Net cash from operations turned positive at ₹44.46 lakh in FY25 compared to a negative ₹199.87 lakh in FY24. Although the net loss before tax reduced sharply, the improvement was largely supported by non-cash adjustments such as provisions (especially allowance for ICD) and a substantial profit on sale of assets. Working capital changes had a mixed impact—receivables increased (cash outflow), while some financial assets and liabilities provided partial support. Overall, this indicates a recovery in core cash-generating ability, though still not strongly backed by stable operating performance.

Cash Flow from Investing Activities

Investing activities showed a net cash outflow of ₹49.86 lakh in FY25, compared to a strong inflow of ₹260.94 lakh in FY24. The previous year’s inflow was largely driven by high interest income and inter-corporate deposit movements. In FY25, the outflow is mainly due to proceeds adjustment from asset sales and reduced investment-related inflows. This suggests a decline in investment income and fewer liquidity-generating activities from investments.

Cash Flow from Financing Activities

Financing activities turned positive with a net inflow of ₹2.98 lakh in FY25, compared to an outflow of ₹61.08 lakh in FY24. This shift is mainly due to repayment/adjustment of borrowings and significantly lower interest payments. The reduced dependence on external debt indicates some improvement in financial structuring, although the scale remains small.

Net Change in Cash Position

Despite improved operating performance and positive financing cash flow, overall cash decreased by ₹2.42 lakh in FY25 (vs almost flat change in FY24). This decline is primarily due to negative investing cash flows.

Financial Ratios of Priya International Limited

Summary of ratios for the year 2025 and 2024: 

Current Ratio:
The current ratio improved slightly from 0.35 in FY24 to 0.40 in FY25, indicating a marginal strengthening of short-term liquidity. However, it remains well below 1, suggesting the company still faces challenges in meeting its short-term obligations with available current assets.

Debt-Equity Ratio:
The debt-equity ratio shows a dramatic shift from an extremely high 100.43 in FY24 to a -1.37 in FY25. This unusual negative figure likely indicates negative net worth due to accumulated losses, pointing to a stressed capital structure despite the apparent reduction in leverage.

Debt Service Coverage Ratio:
The DSCR improved significantly from -32.98 to -0.94, but it remains negative. This indicates that although the company’s ability to service its debt has improved, it is still insufficient to cover interest and principal obligations from operating earnings.

Return on Equity:
ROE turned positive at 2.65% in FY25 compared to -2.03% in FY24, reflecting a turnaround in profitability from shareholders’ perspective. This suggests the company has started generating modest returns after prior losses.

Inventory Turnover Ratio:
No inventory turnover is reported for FY25, compared to 6.07 in FY24. This could indicate either absence of inventory or a change in business operations, making year-on-year comparison difficult.

Trade Receivables Turnover Ratio:
The ratio declined from 5.03 to 3.05, indicating slower collection of receivables. This suggests potential inefficiencies in credit management or increased credit period extended to customers.

Trade Payables Turnover Ratio:
This ratio fell from 1.36 to 0.61, implying the company is taking longer to pay its suppliers. While this may ease short-term cash pressure, it could strain supplier relationships.

Net Capital Turnover Ratio:
The ratio dropped sharply from an abnormally high 683.49 to -2.32. The negative value indicates inefficient utilization of working capital, possibly due to negative working capital or operational disruptions.

Net Profit Ratio:
The net profit margin improved from -5.15% to -0.56%, showing a reduction in losses. Although still negative, the company is moving closer to breakeven.

Return on Capital Employed:
ROCE improved significantly from -32.81% to -3.48%, indicating reduced losses relative to capital employed. However, the negative figure still reflects poor overall capital efficiency.