Slesha Commercial Ltd Annual Report, Financials and Balance Sheet

Slesha Commercial Limited  Balance Sheet (Rs In Lakhs)

Particulars	2025	2024
ASSETS
Non-Current Assets
Property, plant and equipment	0.01	0.01
Deferred tax assets (net)	12.27	0.03
Total non-current assets	12.28	0.04
Current assets
Current financial asset
Current Investments	289.15	-
Trade receivables, current	3.30	314.36
Cash and cash equivalents	25.46	4.50
Loans, Current	431.86	70.00
Total current financial assets	749.77	388.86
Other Current assets	79.04	-
Total current assets	828.80	388.86
Total assets	841.08	388. 90
Equity and liabilities
Equity
Equity attributable to owners of parent
Equity share capital	304.9	304.9
Other equity	41.79	11.99
Total equity attributable to owners of parent	346.69	316.89
Total equity	346.69	316.89
Liabilities
Current liabilities
Current financial liabilities
Borrowings, current	471.60	70.40
Trade payables, current	-	0.15
Other current financial liabilities
Total current financial liabilities	471.60	70.55
Provisions, current	22.80	1.46
Total current liabilities	22.80	1.46
Total liabilities	494.39	72.01
Total equity and liabilities	841.08	388.90

 Slesha Commercial Limited  Profit & Loss Statement (Rs In Lakhs)

Particulars	2025	2024
Income
(a)Revenue from Operations	19.60	11.98
(b)Other Income	100.84	-
Total Revenue	120.44	11.98
Expenses
(a) Finance Cost	18.30	0.01
(b) Employee Benefits Expenses	2.00	5.47
(c) Other expenses (Any item exceeding 10% of the total expenses continuing operations to be shown separately)
(i) office expenses	0.20	1.30
(ii) other expenses	1.08	3.95
Total Expenses	21.58	10.73
Profit / (Loss) before exceptional and extraordinary items and tax	98.86	1.26
Exceptional Items	0	0
Profit / (Loss) before extraordinary items and tax	98.86	1.26
Profit/ (Loss) before Tax	98.86	1.26
Tax Expenses
(a) Current Tax	(19.97)	(0.39)
(b) Deferred Tax	12.24
Profit/ (Loss) for a period from continuing operations	91.13	0.86
Total Comprehensive income for the period (comprising profit/loss) and other comprehensive income for the period)	91.13	0.86
Paid - up Equity Share Capital	304.9	304.9
Earnings Per Share (For continuing operations)
(a) Basic	2.99	0.03
(b) Diluted	2.99	0.03

Slesha Commercial Limited Cash Flow Statement (Rs In Lakhs)

Particulars	2025	2024
Cash flow from operating activities
Profit/(Loss) before tax	98.86	1.26
Finance Income	18.30
Operating profits before working capital changes	117.16	1.26
Adjustments for changes in:
(Increase)/ Decrease in Trade receivables	311.06
(Increase)/ Decrease in Short Term Loans and advances	(361.86)
(Increase)/ Decrease in Trade payables	(0.15)	(0.74)
(Increase)/ Decrease in other current asset	(79.04)	(70.00)
Increase/(Decrease) in Provision	4.12
Increase/(Decrease) in other current asset	401.20
Cash generated from operations	392.49	(69.48)
Income Taxes paid
Net cash inflow/(outflow) from operating activities	392.49	(69.48)
Cash flow from investing activities
Purchase of non-current investments	(353.23)
Net cash outflow from investing activities	(353.23)
Cash Flow from Financing activities
Finance Cost	(18.30)
Net cash inflow/(outflow) from Financing activities	(18.30)
Net Increase/(Decrease) in Cash and Cash Equivalents	20.96	0.52
Cash and cash equivalents at the beginning of the financial year	4.50	3.98
Cash and cash equivalents at the end of the financial year	25.46	4.50
Cash and cash equivalents comprise of:
Cash in Hand	1.69	4.50
Bank Balances (Current Accounts)	23.76

 

Cash Flow Analysis (FY2025 vs FY2024)

The company reported a strong improvement in overall liquidity and operating cash generation during FY2025, reflecting a transition from a marginal operating position in FY2024 to a significantly cash-accretive year.

Operating Activities:
Cash flow from operations stood at ₹392.49 crore in FY2025, compared with an outflow of ₹69.48 crore in FY2024, indicating a sharp turnaround in the core cash-generating capability of the business. This improvement was driven primarily by a substantial increase in profit before tax to ₹98.86 crore and favourable working capital movements. Notably, a reduction in trade receivables contributed positively to liquidity, though this was partially offset by increases in short-term loans & advances and other current assets. Overall, the company demonstrated improved operating efficiency and stronger cash conversion from earnings. 

Investing Activities:
Net cash outflow from investing activities amounted to ₹353.23 crore, primarily due to purchase of non-current investments, signalling a strategic deployment of funds toward long-term value creation and portfolio expansion. This indicates management’s focus on future growth opportunities rather than short-term cash retention.

Financing Activities:
Cash outflow of ₹18.30 crore was recorded on account of finance costs, reflecting servicing of financial obligations. The absence of significant financing inflows suggests that growth during the year was largely supported by internal accruals rather than external capital raising. 

Net Cash Position & Liquidity:
Despite significant investment deployment, the company reported a net increase in cash and cash equivalents of ₹20.96 crore, compared with a marginal increase of ₹0.52 crore in FY2024. Closing cash balances rose to ₹25.46 crore, demonstrating strengthened liquidity and improved cash management during the year.

Overall Interpretation

FY2025 reflects a structural strengthening of cash flows, characterized by:

• * Robust operating cash generation, indicating improved profitability quality and working capital management.

• * Strategic reinvestment into non-current investments, signalling a growth-oriented capital allocation approach.

• * Stable financing structure with limited reliance on external funding.

• * Strengthened closing cash position, enhancing short-term solvency and financial flexibility.

In summary, the cash flow profile highlights a transition from a weak operating base in FY2024 to a financially stronger and investment-driven position in FY2025, supporting both near-term liquidity and long-term expansion objectives.