| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Salaya Bulk Terminals Limited |
|
Particular |
31-03-2025 |
31-03-2024 |
|
Non- Current assets |
||
|
Property, Plant and Equipment |
1,61,119.93 |
1,67,278.05 |
|
Right-of-use assets |
4,066.51 |
501.96 |
|
Capital work-in-progress |
6,964.12 |
1,598.92 |
|
Loans |
2,150.00 |
- |
|
Non-current tax assets |
266.94 |
265.40 |
|
Current assets |
||
|
Inventories |
2,362.65 |
751.95 |
|
Investments |
305.52 |
3,163.88 |
|
Trade receivables |
2,743.32 |
2,091.47 |
|
Cash and cash equivalents |
431.27 |
552.92 |
|
Bank balances other than above |
139.30 |
136.92 |
|
Other financial assets |
214.87 |
206.88 |
|
Current tax assets |
63.51 |
127.84 |
|
Other current assets |
1,691.67 |
304.24 |
|
Total Assets |
1,82,519.61 |
1,76,980.43 |
|
Equity |
||
|
Equity Share Capital |
2,141.28 |
2,141.28 |
|
Other Equity |
17,705.80 |
16,470.08 |
|
Equity attributable to owners of the
Company |
19,847.08 |
18,611.36 |
|
Non-controlling
interests |
24,683.71 |
23,628.92 |
|
Non-current liabilities |
||
|
Borrowings |
58,428.61 |
59,928.61 |
|
Lease liabilities on Right-of-use assets |
3,248.78 |
- |
|
Current liabilities |
||
|
Borrowings |
69,272.43 |
70,950.21 |
|
Total
outstanding dues of creditors other than micro enterprises and small
enterprises |
1,810.69 |
1,807.55 |
|
Lease
liabilities on Right-of-use assets |
835.17 |
614.74 |
|
Other financial liabilities |
2,847.55 |
1,282.54 |
|
Provisions |
41.95 |
85.64 |
|
Other current liabilities |
1,503.64 |
70.86 |
|
Total equity and liabilities |
1,82,519.61 |
1,76,980.43 |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Revenue from operations |
25,444.17 |
17,080.12 |
|
Other Income |
446.76 |
1,816.23 |
|
Total income |
25,890.93 |
18,896.35 |
|
Expenses |
|
|
|
Operating expenses |
11,150.94 |
8,432.43 |
|
Employee benefit expense |
1,483.84 |
1,945.40 |
|
Other expenses |
2,063.55 |
3,761.07 |
|
Depreciation and amortization expense |
7,608.38 |
7,565.88 |
|
Finance costs |
1,290.04 |
9,641.82 |
|
Total expenses |
23,596.75 |
31,346.60 |
|
Profit/(loss) Before Tax |
2,294.18 |
(12,450.25) |
|
Income tax for previous year |
- |
10.11 |
|
Profit/(loss) for the year |
2,294.18 |
(12,460.36) |
|
Other Comprehensive Income (OCI) |
||
|
Items that will not be reclassified
subsequently to profit or loss: |
|
|
|
Remeasurements of the defined benefit plans |
(3.67) |
(5.41) |
|
Total Comprehensive Income for the year |
2,290.51 |
(12,465.77) |
|
Earnings per equity share (in Rs.) |
|
|
|
Basic & diluted |
2.96 |
(24.37) |
|
Particular |
31-03-2025 |
31-03-2024 |
|
Cash Flow From Operating Activities |
|
|
|
Net Profit Before Tax as per statement of profit and loss |
2,294.18 |
(12,450.25) |
|
Adjustments for: |
|
|
|
Depreciation and amortisation expense |
7,608.38 |
7,565.88 |
|
Unrealised
foreign exchange (gain)/loss |
- |
1,981.92 |
|
Finance costs |
1,290.04 |
9,641.82 |
|
Interest
income on fixed deposits |
(80.40) |
(47.67) |
|
Interest
Income on Income tax refund |
(6.02) |
(215.30) |
|
Reversal
of expected credit loss |
- |
(1,071.00) |
|
Gain
on sale and fair valuation of mutual funds |
(228.87) |
(114.28) |
|
Operating Profit before Working Capital Changes |
10,877.31 |
5,291.12 |
|
Adjustments for: |
|
|
|
Loans
and advances and other assets |
(3,505.41) |
3,723.28 |
|
Trade
payable, other liabilities and provisions |
1,179.15 |
(6,836.73) |
|
Cash generated from operating activities |
8,551.05 |
2,177.67 |
|
Income tax refund (net) |
68.81 |
1,983.61 |
|
Net Cash generating from Operating Activities |
8,619.86 |
4,161.28 |
|
Cash Flow From Investing Activities |
|
|
|
Purchase of PPE (including capital work-in-progress) |
(5,576.11) |
(2,753.99) |
|
Fixed deposit placed |
(2.38) |
(63.76) |
|
Unsecured loan given to related
party |
(2,150.00) |
- |
|
Proceeds/(Investment)
in mutual funds |
3,087.24 |
(3,049.60) |
|
Refund
of Unsecured loan received from related party |
(0.00) |
166.40 |
|
Interest income |
102.09 |
58.96 |
|
Net Cash From Investing Activities |
(4,539.16) |
(5,641.99) |
|
Cash Flow From Financing Activities |
|
|
|
Inter-corporate
deposit received |
450.00 |
1,613.34 |
|
Conversion
of ICD into CCD |
- |
16,000.00 |
|
Repayment
of unsecured loans |
(3,627.78) |
(15,586.54) |
|
Proceeds
from secured loans-External commercial borrowings |
- |
1,16,857.22 |
|
Repayment
of lease liability |
(759.81) |
(732.00) |
|
Repayment
of secured loans-External commercial borrowings |
- |
(1,09,648.02) |
|
Finance
costs paid |
(264.76) |
(9,127.49) |
|
Net Cash From Financing Activities |
(4,202.35) |
(623.49) |
|
Net Decrease in Cash and Cash Equivalents |
(121.65) |
(2,104.20) |
|
Opening balance of cash and cash equivalents |
552.92 |
2,657.12 |
|
Closing balance of cash and cash
equivalents |
431.27 |
552.92 |
Summary of the Cash Flow Statement
for the years 2025 and 2024:
Cash Flow from Investing Activities
In FY
2025, the company spent ₹5,576.11 lakhs on property, plant and equipment
(PPE) and gave an unsecured loan of ₹2,150 lakhs to a related party.
On the positive side, it received ₹3,087.24 lakhs from mutual fund
redemptions and ₹102.09 lakhs as interest income. Overall, the
company reported a net investing cash outflow of ₹4,539.16 lakhs,
slightly better than the ₹5,641.99 lakhs outflow in FY 2024. This
indicates high capital expenditure and related party funding continued to put
pressure on investing cash flows.
Cash Flow from Financing Activities
During FY
2025, the company received ₹450 lakhs from inter-corporate deposits (ICD),
but had large outflows including repayment of unsecured loans (₹3,627.78
lakhs), lease payments (₹759.81 lakhs), and finance costs of
₹264.76 lakhs. Unlike FY 2024, when there were huge inflows from external
commercial borrowings (₹1,16,857.22 lakhs) and CCD conversion, FY 2025 did not
see such large financing support. Consequently, net financing cash outflow
was ₹4,202.35 lakhs, higher than ₹623.49 lakhs outflow in FY 2024.
Net Cash Flow & Closing Balance
Overall,
the company recorded a net cash decrease of ₹121.65 lakhs in FY 2025,
which is much lower than the sharp fall of ₹2,104.20 lakhs in FY 2024.
The closing cash balance stood at ₹431.27 lakhs at the end of FY 2025,
compared to ₹552.92 lakhs in FY 2024.
|
Particular |
31-03-2025 |
31-03-2024 |
|
Current Ratio |
0.02 |
0.11 |
|
Debt Equity Ratio |
0.23 |
0.27 |
|
Debt Service Coverage Ratio |
0.04 |
0.09 |
|
Return on Equity Ratio |
(0.02) |
(0.02) |
|
Trade receivable Turnover Ratio |
2.58 |
2.58 |
|
Trade Payable Turnover Ratio |
4.54 |
6.03 |
|
Net Capital Turnover Ratio |
(0.03) |
(0.06) |
|
Net Profit Ratio |
(2.17) |
(3.17) |
|
Return on Capital Employed Ratio |
0.01 |
0.02 |
|
Return on investments |
0.01 |
0.02 |
Summary of the financial ratio for
the years 2025 and 2024
Current Ratio (2025:
0.02 | 2024: 0.11)
The ratio is very low in both years, which shows the company does not have
enough short-term assets to cover its short-term liabilities. Liquidity
position is extremely weak.
Debt-Equity Ratio
(2025: 0.23 | 2024: 0.27)
The ratio has slightly improved, meaning the company is using a bit less debt
compared to equity. However, debt is still present, which adds pressure given
the weak profitability.
Debt Service
Coverage Ratio – DSCR (2025: 0.04 | 2024: 0.09)
The DSCR is far below 1 in both years, meaning the company’s earnings are not
enough to meet its debt obligations. This indicates a high risk in servicing
borrowings.
Return on Equity –
ROE (2025: -0.02 | 2024: -0.02)
ROE is negative in both years, showing shareholders are not getting returns.
Instead, the company is making losses on their invested equity.
Trade Receivable
Turnover Ratio (2025: 2.58 | 2024: 2.58)
The ratio is unchanged, which means the company is collecting payments from
customers at the same pace as last year. No improvement in efficiency here.
Trade Payable
Turnover Ratio (2025: 4.54 | 2024: 6.03)
The ratio has decreased, which means the company is taking longer to pay its
suppliers compared to last year. This could be due to cash flow problems.
Net Capital Turnover
Ratio (2025: -0.03 | 2024: -0.06)
The ratio is negative in both years, showing that capital is not being used
effectively to generate sales. Loss-making operations are dragging efficiency
down.
Net Profit Ratio
(2025: -2.17% | 2024: -3.17%)
The company is still in losses, but the loss margin has slightly reduced
compared to last year. This means it is moving in the right direction but is
still not profitable.
Return on Capital
Employed – ROCE (2025: 0.01 | 2024: 0.02)
The return is very low, almost negligible, meaning the company is not able to
generate sufficient returns from the funds employed.
Return on
Investments – ROI (2025: 0.01 | 2024: 0.02)
ROI has halved, which shows returns on investments are weak and declining.
