| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| San Engineering And Locomotive Company Limited |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Equity |
|
|
|
Share
capital |
44.50 |
44.5 |
|
Reserves
and Surplus |
2879.68 |
2,416.26 |
|
Total
Equity |
2924.18 |
2,460.76 |
|
Non-current
liabilities |
|
|
|
Long
term provisions |
24.05 |
23.35 |
|
Current
Liabilities |
|
|
|
Trade
Payables |
|
|
|
Total
outstanding dues of micro and small enterprise |
80.54 |
65.54 |
|
Total
outstanding dues of creditors other than of micro and small enterprise |
336.45 |
404.34 |
|
Other
current enterprises |
140.80 |
209.96 |
|
Short
term provisions |
233.72 |
167.74 |
|
Total Equity
and Liabilities |
3739.74 |
3,331.69 |
|
ASSETS |
|
|
|
Non-current
assets |
|
|
|
Property,
plant and equipment |
445.90 |
499.34 |
|
Tangible
assets |
2.48 |
2.37 |
|
Capital
work in progress |
- |
- |
|
Intangible
assets-goodwill |
131.50 |
131.75 |
|
Long
term loans and advances |
248.38 |
175.8 |
|
Deferred
tax assets |
7.42 |
5.3 |
|
Other
non-current assets |
24.87 |
23.28 |
|
Non-current
investments |
0.01 |
0.01 |
|
Current
assets |
|
|
|
Current
investments |
332.81 |
400.7 |
|
Inventories |
936.20 |
789.96 |
|
Trade
receivables |
1402.45 |
1,074.74 |
|
Cash
and cash equivalent |
156.35 |
152.2 |
|
Short
term loans and advances |
32.46 |
53.99 |
|
Other
current assets |
18.91 |
22.25 |
|
Total
Assets |
3739.74 |
3,331.69 |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Income |
|
|
|
Revenue
from operations |
3145.22 |
2,676.21 |
|
Less:
GST |
489.74 |
417.25 |
|
Other
income |
36.75 |
47.32 |
|
Total
revenue |
2692.23 |
2,306.28 |
|
Expenses |
|
|
|
Cost
of material consumed |
1548.90 |
1,144.16 |
|
Changes
in inventories of work in progress |
-152.35 |
-41.21 |
|
Employee
benefit expenses |
400.95 |
388.88 |
|
Finance
cost |
23.74 |
11.57 |
|
Depreciation
and amortization |
61.66 |
62.16 |
|
Other
expenses |
417.52 |
370.34 |
|
Total
expenses |
2300.42 |
1,935.90 |
|
Profit
before Exceptional Items & Tax |
391.81 |
370.38 |
|
Exceptional
Items |
250.50 |
- |
|
Profit
before tax |
642.31 |
370.38 |
|
Current
tax |
136.84 |
95.56 |
|
Short/(excess)provision
relating to prior years |
-0.33 |
-1.82 |
|
Deferred
tax |
-2.12 |
-3.22 |
|
Profit
for the year |
507.92 |
279.86 |
|
Earning
per equity share |
|
|
|
Basic |
113.66 |
62.17 |
|
Diluted |
113.66 |
62.17 |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
CASH
FLOW FROM OPERATING ACTIVITY |
|
|
|
Net
profit before tax and extraordinary items |
642.31 |
370.38 |
|
Depreciation |
61.66 |
62.16 |
|
Finance
cost |
23.74 |
11.57 |
|
Interest
income |
-6.04 |
-6.01 |
|
Dividend
income from current investments |
-28.14 |
-39.34 |
|
Loss
on sale of assets |
0.01 |
0.01 |
|
Gain
on sale of assets |
-253.04 |
-1.6 |
|
Operating
profit before working capital changes |
440.50 |
397.17 |
|
Adjustments
for(increase)/decrease in operating assets: |
|
|
|
Inventories |
-146.24 |
-74.09 |
|
Trade
receivables |
-327.71 |
-257.25 |
|
Short
term/long term loans and advances |
-52.39 |
-41.87 |
|
Other
current assets |
3.34 |
-1.27 |
|
Adjustments
for(increase)/decrease in operating liabilities: |
|
|
|
Trade
payables |
-52.89 |
180.12 |
|
Short
term borrowings/provisions |
65.98 |
59.18 |
|
Other
current &long term provisions |
-68.45 |
-99.08 |
|
Cash
generated from operations |
-137.86 |
162.91 |
|
Less:
direct taxes paid |
136.84 |
95.56 |
|
Cash
inflow before extra-ordinary items |
-274.70 |
67.35 |
|
Less:
excess provision prior years |
0.33 |
1.82 |
|
Net
cash generated from operating activities |
-274.37 |
69.17 |
|
CASH
FLOW FROM INVESTING ACTIVITY |
|
|
|
Purchase
of property, plant and equipment |
-43.00 |
-122.53 |
|
Proceeds
from sale of property, plant and equipment |
287.70 |
1.6 |
|
Proceeds
from sale/redemption of investments |
67.88 |
32.3 |
|
Interest
income |
6.04 |
6.01 |
|
Dividend
income from current investments |
28.14 |
39.34 |
|
Net
cash used in investing activities |
346.76 |
-43.28 |
|
CASH
FLOW FROM FINANCING ACTIVITY |
|
|
|
Finance
cost |
-23.74 |
-11.57 |
|
Dividend
paid |
-44.50 |
-17.8 |
|
Net
cash used in financing activities |
-68.24 |
-29.37 |
|
Net
increase/(decrease)in cash and cash equivalent |
4.15 |
-3.48 |
|
Add:
cash and cash equivalent |
152.20 |
155.68 |
|
CASH
AND CASH EQUVALENT AT THE END OF YEAR |
156.35 |
152.2 |
Summary of
the Cash Flow Statement for the years 2025 and 2024:
Cash Flow from Operating
Activities
In
FY 2025, the company’s core operations showed a negative cash flow of ₹274.37 million, compared to a positive
₹69.17 million in FY 2024. Although the net profit before tax rose
significantly (₹642.31 million vs. ₹370.38 million last year), large
adjustments—particularly the huge gain
on sale of assets (₹253.04 million) and a sharp rise in working capital requirements (higher inventories,
higher receivables, and lower trade payables)—drained cash. Additionally,
direct taxes paid were higher at ₹136.84 million against ₹95.56 million last
year. This indicates that while profits improved, the company struggled to
convert them into operating cash due to poor working capital management and
reliance on one-time gains.
Cash Flow from Investing
Activities
Investing
activities provided a strong positive
cash inflow of ₹346.76 million in FY 2025, a sharp turnaround from a
negative outflow of ₹43.28 million in FY 2024. This improvement was mainly
because the company sold property, plant, and equipment worth ₹287.70 million
(compared to just ₹1.6 million in the prior year). Proceeds from investments
and steady dividend/interest income further supported inflows. This suggests
that the company generated liquidity by monetizing assets, which helped offset
the weakness in operating cash flows.
Cash Flow from Financing
Activities
Financing
activities resulted in a cash outflow of
₹68.24 million in FY 2025, slightly higher than the ₹29.37 million outflow
in FY 2024. The outflow was due to interest payments (₹23.74 million) and
higher dividend payouts (₹44.50 million compared to ₹17.80 million last year).
This shows the company is rewarding shareholders with higher dividends, but at
the same time, financing is draining resources rather than adding to them.
Net Cash Movement
Overall,
the company ended FY 2025 with a small
net increase of ₹4.15 million in cash and cash equivalents, taking the
closing balance to ₹156.35 million from ₹152.20 million in FY 2024. While this
is a positive end result, it was achieved primarily through asset sales rather than sustainable
cash flow from operations. The reliance on non-operating inflows raises
concerns about long-term cash generation capacity.
|
Particulars |
2025 |
2024 |
|
Current
ratio |
3.60 |
2.96 |
|
Debt
services coverage |
17.92 |
708.93 |
|
Return
on equity |
0.10 |
0.12 |
|
Inventory
turnover ratio |
2.67 |
2.58 |
|
Trade
receivables turnover |
2.13 |
2.43 |
|
Trade
payable turnover |
3.60 |
3.26 |
|
Net
capital turnover ratio |
1.31 |
1.43 |
|
Net
profit ratio |
0.09 |
0.13 |
|
Return
on capital employed |
0.15 |
0.15 |
|
Return
on investment |
0.07 |
0.07 |
Summary of
the financial ratios of San Engineering And Locomotive Company Limited for the
year 2025 and 2024:
Current Ratio
The
current ratio improved to 3.60 in 2025
from 2.96 in 2024, meaning the company has more than enough current assets
to cover its short-term liabilities. While this shows strong liquidity, the
ratio is quite high, which may indicate that too much money is tied up in
current assets instead of being used efficiently.
Debt Service Coverage Ratio
(DSCR)
The
DSCR dropped sharply from 708.93 in 2024
to 17.92 in 2025. Even though 17.92 is still a very healthy level (far
above the safe benchmark of 1.5–2), the big fall suggests that in 2024 the
company had exceptionally low debt obligations compared to earnings. In 2025,
debt servicing became more significant, though still easily manageable.
Return on Equity (ROE)
ROE
slightly declined to 0.10 (10%) in 2025
from 0.12 (12%) in 2024, indicating that shareholders earned a lower return
on their invested capital. This shows the company was less efficient at
generating profits from equity compared to the previous year.
Inventory Turnover Ratio
The
inventory turnover ratio improved marginally to 2.67 in 2025 from 2.58 in 2024. This means the company is selling
and replacing its inventory a bit faster, suggesting slightly better inventory
management and demand consistency.
Trade Receivables Turnover
Ratio
Receivables
turnover decreased from 2.43 in 2024 to
2.13 in 2025, meaning the company is taking longer to collect money from
customers. This could indicate looser credit terms or delays in collections,
which may affect cash flow.
Trade Payables Turnover
Ratio
The
payables turnover increased to 3.60 in
2025 from 3.26 in 2024, meaning the company is paying its suppliers more
quickly. While this reflects timely payments, it also reduces available cash
that could have been used for other purposes.
Net Capital Turnover Ratio
This
ratio declined slightly from 1.43 in
2024 to 1.31 in 2025, suggesting the company is generating less revenue per
unit of working capital. This points to slightly weaker efficiency in using net
working capital to drive sales.
Net Profit Ratio
The
net profit ratio fell to 0.09 (9%) in
2025 from 0.13 (13%) in 2024, which shows that profitability has declined.
Despite higher sales, costs or lower margins have reduced the portion of
revenue that translates into profit.
Return on Capital Employed
(ROCE)
ROCE
stayed constant at 0.15 (15%) in
both 2025 and 2024. This indicates stable efficiency in generating returns from
total capital employed, suggesting the company’s capital structure and overall
investment efficiency remained unchanged.
Return on Investment (ROI)
ROI
also remained flat at 0.07 (7%) in
both years. This consistency means the company’s investments are generating
steady returns, but the figure itself is moderate and not very high.
