| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Purple Style Labs Limited |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Non-current assets |
|
|
|
Property,
plant and equipment |
323.73 |
351.31 |
|
Capital
work-in-progress |
34.08 |
8.12 |
|
Right
of use assets |
1,531.88 |
1,843.17 |
|
Goodwill |
58.13 |
70.91 |
|
Other
intangible assets |
16.71 |
19.79 |
|
Financial
assets |
|
|
|
Investments |
- |
26.20 |
|
Loans |
1.14 |
1.22 |
|
Other
financial assets |
361.50 |
173.81 |
|
Income-tax
assets (net) |
7.29 |
6.65 |
|
Other
non-current assets |
71.06 |
31.63 |
|
Current assets |
|
|
|
Inventories |
1,603.38 |
1,404.01 |
|
Trade
receivables |
12.75 |
8.84 |
|
Cash
and cash equivalents |
103.78 |
31.91 |
|
Bank
balances other than cash and cash equivalents |
1.01 |
1.01 |
|
Loans |
5.33 |
4.70 |
|
Other
financial assets |
150.92 |
64.52 |
|
Other
current assets |
687.82 |
536.05 |
|
Total Assets |
4,970.51 |
4.583.85 |
|
Equity |
|
|
|
Equity
share capital |
0.41 |
0.29 |
|
Other
equity |
1,174.56 |
394.81 |
|
Non-current liabilities |
|
|
|
Borrowings |
- |
10.09 |
|
Lease
liabilities |
1,461.20 |
1,671.78 |
|
Provisions |
25.36 |
17.41 |
|
Current liabilities |
|
|
|
Borrowings |
1,127.91 |
1,153.18 |
|
Lease
liabilities |
282.70 |
261.65 |
|
Trade
payables |
|
|
|
Total
outstanding dues of micro and small enterprises |
140.33 |
53.36 |
|
Total
outstanding dues of creditors other than above |
278.00 |
597.27 |
|
Other
financial liabilities |
27.44 |
47.45 |
|
Other
current liabilities |
447.26 |
372.71 |
|
Provisions |
5.34 |
3.85 |
|
Total Equity And Liabilities |
4,970.51 |
4,583.85 |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Income |
|
|
|
Revenue
from Operations |
4,899.09 |
5,043.73 |
|
Other
Income |
40.92 |
56.60 |
|
Total
Income |
4,940.01 |
5,100.33 |
|
Expenses |
|
|
|
Cost of
material consumed |
12.90 |
32.31 |
|
Purchases
of stock-in-trade |
3,025.87 |
3,474.80 |
|
Changes in inventories of finished goods, stock-in-trade and work-in-progress |
-200.04 |
-532.12 |
|
Employee
Benefit Expenses |
662.08 |
586.86 |
|
Finance
Costs |
529.73 |
407.57 |
|
Depreciation
& amortization expense |
546.30 |
385.81 |
|
Other
Expenses |
1.019.32 |
1.222.20 |
|
Total
Expenses |
5,596.16 |
5,577.43 |
|
Loss before exceptional item and tax |
-656.15 |
-477.10 |
|
Exceptional
item - expense/ (income) |
1,227.68 |
- |
|
Loss before tax |
-1,883.83 |
-477.10 |
|
Loss after tax |
-1,883.83 |
-477.10 |
|
Other comprehensive income/ (loss) |
|
|
|
Re-measurement
of the defined benefit plans (loss) |
-1.37 |
-2.43 |
|
Exchange
difference on translation of foreign operation |
-5.88 |
-8.62 |
|
Other
comprehensive loss, net of tax |
-7.25 |
-11.05 |
|
Total comprehensive income/ (loss) |
-1,891.08 |
-488.15 |
|
Earnings
per equity share |
|
|
|
Basic
& Diluted |
-27.63 |
-7.46 |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Cash
Flow from Operating Activities |
|
|
|
Loss
before tax |
-1,883.83 |
-477.10 |
|
Adjustments for: |
|
|
|
Depreciation
and amortization expense |
546.30 |
385.81 |
|
Share
based payment expense |
1,227.68 |
- |
|
Interest
income |
-26.59 |
-19.30 |
|
Loss on
sale of property, plant and equipment (net) |
- |
0.09 |
|
Gain on
fair valuation of investments |
-3.93 |
-15.67 |
|
Bad
debts written off |
1.36 |
3.28 |
|
Provision
for inventory obsolescence |
105.30 |
92.76 |
|
Finance
costs |
529.50 |
407.52 |
|
Liability
written back |
-3.36 |
-6.18 |
|
Effect
of exchange rate on translation of operating cash flows |
-5.88 |
-8.62 |
|
Operating profit before working capital
changes |
486.55 |
362.59 |
|
Changes
in working capital: |
|
|
|
(Increase)/
Decrease in inventories |
-304.67 |
-625.72 |
|
(Increase)/
Decrease in trade receivables |
-5.27 |
9.62 |
|
(Increase)/
Decrease in other financial assets |
-259.24 |
-127.11 |
|
(Increase)/
Decrease in other assets |
-179.89 |
41.88 |
|
Increase/
(Decrease) in trade payables |
-264.95 |
198.63 |
|
Increase/
(Decrease) in provisions |
8.07 |
6.60 |
|
Increase/
(Decrease) in other financial liabilities |
-8.00 |
-39.52 |
|
Increase/
(Decrease) in other liabilities |
76.19 |
-138.49 |
|
Cash used in operations |
-451.21 |
-311.52 |
|
Taxes
(paid)/ refunds (net) |
-0.64 |
-1.92 |
|
Net cash used in operating activities |
-451.85 |
-313.44 |
|
Cash flow from investing activities |
|
|
|
Purchase of property, plant and equipment (including movement in capital work-in-progress,
capital advances and capital creditors) |
-149.37 |
-154.67 |
|
Proceeds
from sale of property, plant and equipment |
0.01 |
0.07 |
|
Proceeds
from sale of investments |
30.13 |
- |
|
Increase
in fixed deposits not considered as cash equivalents |
- |
-1.00 |
|
Interest
received on fixed deposits |
0.07 |
0.05 |
|
Purchase
of investments |
- |
-10.53 |
|
Effect
of exchange rate on translation of investing cash flows |
-1.97 |
-1.78 |
|
Net cash used in investing activities |
-121.13 |
-167.86 |
|
Cash flow from financing activities |
|
|
|
Proceeds
from issue of shares including premium collected |
1,482.50 |
304.65 |
|
Expenses
incurred on issue of shares |
-39.23 |
-0.57 |
|
Proceeds
from non-current borrowings |
1,121.50 |
1,141.00 |
|
Repayment
of non-current borrowings (including current maturities) |
-1,050.11 |
-555.43 |
|
Proceeds
from short term borrowings |
748.42 |
394.61 |
|
Repayment
of short term borrowings |
-854.70 |
-288.33 |
|
Payment
of interest on borrowings |
-222.45 |
-135.96 |
|
Payment
of lease liabilities |
-269.23 |
-187.
87 |
|
Payment
of interest on lease liabilities |
-273.15 |
-236.38 |
|
Effect
of exchange rate on translation of financing cash flows |
1.30 |
1.70 |
|
Net cash generated from financing
activities |
644.85 |
437.52 |
|
Net increase / (decrease) in cash and cash
equivalents |
71.87 |
-43.78 |
|
Cash
and cash equivalents at the beginning of the year |
31.91 |
75.69 |
|
Cash and cash equivalents at the end of
the year |
103.78 |
31.91 |
Summary of the Cash Flow Statement
for the years 2025 and 2024:
Cash Flow from Operating
Activities:
The company reported a higher loss before tax of ₹18.84 million in FY 2025
compared to ₹4.77 million in FY 2024. After adding back non-cash expenses such
as depreciation (₹5.46 million), share-based payment expense (₹12.28 million),
and finance costs (₹5.30 million), operating profit before working capital
changes stood at ₹4.87 million, slightly higher than ₹3.63 million in FY 2024.
However, adverse working capital movements — mainly increase in inventories
(₹3.05 million), other financial assets (₹2.59 million), other assets (₹1.80
million), and reduction in trade payables (₹2.65 million) — resulted in cash
outflow. Consequently, net cash used in operating activities was ₹4.52 million
compared to ₹3.13 million in FY 2024. This indicates continued pressure on core
operations.
Cash Flow from Investing
Activities:
Net cash used in investing activities was ₹1.21 million in FY 2025, lower than
₹1.68 million in FY 2024. The company invested ₹1.49 million in property, plant
and equipment, partially offset by ₹0.30 million received from sale of
investments. Overall, investing outflow has reduced, indicating relatively
controlled capital expenditure.
Cash Flow from Financing
Activities:
Financing activities generated a net inflow of ₹6.45 million in FY 2025
compared to ₹4.38 million in FY 2024. The company raised ₹14.83 million through
issue of shares and ₹11.22 million from non-current borrowings. However,
repayments of borrowings, interest, and lease liabilities significantly reduced
the net inflow. The company remains dependent on external funding to support
operations.
Overall Cash Position:
Due to strong financing inflows, cash and cash equivalents increased by ₹0.72
million during FY 2025, compared to a decrease of ₹0.44 million in FY 2024.
Closing cash balance improved to ₹1.04 million from ₹0.32 million at the
beginning of the year.
|
2025 |
2024 |
|
|
Current
Ratio |
2.50 |
1.74 |
|
Return
on Equity Ratio |
-40.07% |
8% |
|
Inventory
turnover Ratio |
0.81 |
1.39 |
|
Trade
Receivables Turnover Ratio |
3.73 |
4.10 |
|
Trade
Payables Turnover Ratio |
5.49 |
6.87 |
|
Net
Capital Turnover Ratio |
4.86 |
9.84 |
|
Net
Profit Ratio |
-115.77% |
11.48% |
|
Return
on Capital Employed |
-29.97% |
7.39% |
|
Debt
Service Coverage Ratio |
2,880.00 |
971.45 |
Here is a summary of the Financial Ratios
for the years 2025 and 2024:
Current Ratio:
The current ratio improved from 1.74 in 2024 to 2.50 in 2025, indicating better
short-term liquidity. The company now has ₹2.50 of current assets for every ₹1
of current liabilities, suggesting improved ability to meet short-term
obligations. However, excessively high liquidity should be evaluated for
efficiency of asset utilization.
Return on Equity:
ROE declined sharply from a positive 8% in 2024 to –40.07% in 2025. This
indicates that the company incurred substantial losses during 2025, eroding shareholders’
returns. It reflects poor profitability and negative value creation for equity
investors during the year.
Inventory Turnover Ratio:
The ratio decreased from 1.39 to 0.81, indicating slower movement of inventory
in 2025. This suggests weak demand, overstocking, or inefficient inventory
management, which may also block working capital.
Trade Receivables Turnover
Ratio:
The ratio slightly declined from 4.10 to 3.73, showing slower collection from
customers. This indicates a longer credit period or weaker recovery efficiency,
which may negatively impact cash flow.
Trade Payables Turnover
Ratio:
The ratio fell from 6.87 to 5.49, meaning the company is taking comparatively
longer to pay suppliers. While this may support short-term liquidity, it could
affect supplier relationships if prolonged.
Net Capital Turnover Ratio:
This ratio dropped significantly from 9.84 to 4.86, indicating reduced
efficiency in utilizing working capital to generate revenue. It reflects lower
sales generation relative to net working capital employed.
Net Profit Ratio:
The net profit margin declined drastically from 11.48% to –115.77%. This
indicates heavy losses in 2025, where expenses substantially exceeded revenue.
It reflects serious operational or cost management issues.
Return on Capital Employed:
ROCE fell from 7.39% to –29.97%, showing that the company failed to generate
adequate returns from its overall capital base in 2025. The negative return
indicates inefficient utilization of long-term funds.
Debt Service Coverage
Ratio:
The DSCR increased significantly from 971.45 to 2,880.00. This unusually high
ratio suggests that earnings available for debt servicing are substantially
higher than debt obligations. However, such extreme figures should be examined
carefully, as they may be due to very low debt levels rather than exceptionally
strong earnings.
