| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Sri Sarvaraya Sugars Limited |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Non-current assets |
|
|
|
Plant, property and equipment |
602.77 |
618.48 |
|
Capital work in progress |
380.53 |
32.95 |
|
Right of use assets |
0.03 |
3.44 |
|
Intangible assets |
0.12 |
0.11 |
|
Intangible assets under development |
0.48 |
0.47 |
|
Investment |
0.39 |
0.38 |
|
Other non current financial assets |
3.84 |
3.74 |
|
Other non current assets |
29.11 |
44.37 |
|
Current assets |
|
|
|
Inventories |
110.72 |
114.68 |
|
Trade receivables |
22.97 |
30.33 |
|
Cash and cash equivalent |
1.48 |
0.57 |
|
Bank balances other than cash |
9.72 |
8.14 |
|
Other current financial assets |
13.85 |
17.64 |
|
Other current assets |
18.95 |
26.03 |
|
Total assets |
1,194.99 |
901.32 |
|
Equity |
|
|
|
Equity share capital |
3.05 |
3.05 |
|
Other equity |
449.35 |
422.00 |
|
Non-Current liabilities |
|
|
|
Borrowings
|
346.52 |
147.77 |
|
Lease liabilities |
0.01 |
0.04 |
|
Other financial liabilities |
30.64 |
29.03 |
|
Provisions |
5.29 |
4.30 |
|
Deferred tax liabilities |
52.27 |
48.00 |
|
Current liabilities |
|
|
|
Borrowings |
115.74 |
99.74 |
|
Lease liabilities |
0.04 |
3.48 |
|
Trade payables |
62.66 |
35.20 |
|
Other financial liabilities |
87.97 |
63.46 |
|
Other current liabilities |
29.73 |
30.29 |
|
Provisions |
11.59 |
9.47 |
|
Income tax
liabilities |
0.11 |
5.47 |
|
Total equity and liabilities |
1,194.99 |
901.32 |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Income |
|
|
|
Revenue from Operations |
834.00 |
966.23 |
|
Other Income |
40.75 |
34.91 |
|
Total Income |
874.75 |
1,001.14 |
|
Expenses |
|
|
|
Cost of materials consumed |
437.75 |
473.84 |
|
Purchases of stock in trade |
89.39 |
150.01 |
|
Changes in inventories of finished goods |
8.03 |
4.36 |
|
Manufacturing expenses |
95.68 |
96.94 |
|
Employee benefits expense |
96.55 |
90.13 |
|
Finance costs |
15.92 |
16.55 |
|
Depreciation & amortization expense |
43.83 |
40.47 |
|
Other Expenses |
47.58 |
42.00 |
|
Total Expenses |
834.74 |
914.31 |
|
Profit before tax and exceptional items |
40.01 |
86.83 |
|
Exceptional items |
3.36 |
- |
|
Profit/(loss) before tax |
36.65 |
86.83 |
|
Tax expenses |
7.48 |
22.25 |
|
Profit/ Loss for the period from continuing
operation |
29.17 |
64.57 |
|
Profit/(loss) from discontinuing operations |
4.56 |
-2.69 |
|
Tax (expense)/income from discontinuing operation
|
-1.07 |
0.59 |
|
Total profit from continuing and discontinuing
operation |
32.66 |
62.48 |
|
Other comprehensive income for the year |
|
|
|
Items that will not be classified to profit/loss |
-2.21 |
-4.89 |
|
Income tax relating to items above |
0.56 |
1.27 |
|
Total comprehensive income for the year |
31.01 |
58.87 |
|
Earning per share |
|
|
|
Basic |
107.15 |
204.98 |
|
Diluted |
107.15 |
204.98 |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Cash Flow from Operating Activities |
|
|
|
Net Profit/(loss) Before Tax |
41.24 |
84.11 |
|
Adjustment for -: |
|
|
|
Depreciation and
amortisation expense |
43.83 |
40.47 |
|
Finance costs |
22.37 |
25.51 |
|
Dividend from
investment |
-0.01 |
-0.01 |
|
Interest income |
-1.93 |
-1.10 |
|
Profit on sale of
assets |
-13.91 |
-4.00 |
|
Loss on sale of assets |
1.13 |
0.28 |
|
Net value of discarded
assets |
0.89 |
0.31 |
|
Tools written off |
0.04 |
0.01 |
|
Stores written off |
0.59 |
0.73 |
|
Unwinding cost on
decommissioning liability |
0.08 |
0.07 |
|
Remeasurement of defined benefit for gratuity and leave encashment |
-2.25 |
-5.03 |
|
Gain on foreign
exchange rate fluctuations |
-0.65 |
-0.10 |
|
Provisions for obsolete
stores |
0.24 |
0.24 |
|
Excess provisions for
earlier years written back |
-0.32 |
-0.27 |
|
Provisions for bad and
doubtful debts and impairment |
0.03 |
0.09 |
|
Adjustment for change in working capital |
|
|
|
Trade receivables |
7.33 |
-9.79 |
|
Inventories |
3.09 |
-0.02 |
|
Other non current assets |
-2.36 |
0.61 |
|
Other current assets |
9.27 |
-3.04 |
|
Trade payables |
27.46 |
3.83 |
|
Other long term liability |
2.53 |
1.21 |
|
Other current liabilities |
6.28 |
23.11 |
|
Cashflow generated from operations |
144.95 |
157.22 |
|
Direct taxes paid |
-9.08 |
-14.33 |
|
Net Cash from/(used in) Operating Activities |
135.87 |
142.89 |
|
Cash Flow from Investing Activities |
|
|
|
Purchase of PPE |
-333.59 |
-106.98 |
|
Changes to intangible assets under development |
-0.02 |
-0.23 |
|
Sale of PPE |
12.54 |
7.96 |
|
Dividend income |
0.01 |
0.01 |
|
Interest received |
1.93 |
1.10 |
|
Net Cash from / (used in) Investing Activities |
-319.13 |
-98.14 |
|
Cash Flow from Financing Activities |
|
|
|
Proceeds/(repayment) of short term borrowing |
15.99 |
-22.44 |
|
Proceeds from long term borrowings |
198.76 |
8.89 |
|
Finance cost including payment of lease liability
|
-26.93 |
-28.14 |
|
Dividend paid |
-3.66 |
-3.05 |
|
Net Cash from/(used in) Financing Activities |
184.16 |
-44.74 |
|
Net Increase/decrease in Cash & cash
equivalents |
0.91 |
0.01 |
|
Cash and cash equivalents at the beginning of the
year |
0.57 |
0.56 |
|
Cash and cash equivalents at the end of the year |
1.48 |
0.57 |
Summary of the Cash Flow Statement for the
years 2025 and 2024:
Cash Flow from Operating Activities
In FY2025, the company generated a net cash inflow of ₹135.87
crores from operating activities, slightly lower than the ₹142.89
crores in FY2024. The decline is primarily due to a lower net
profit before tax (₹41.24 crores in 2025 vs ₹84.11 crores in 2024). Adjustments
for non-cash items like depreciation (₹43.83 crores) and finance costs (₹22.37
crores) contributed positively to cash flow. Changes in working capital were
favorable, with trade payables and other current liabilities showing
significant increases, indicating that the company effectively managed its
short-term obligations while improving operational cash generation.
Cash Flow from Investing Activities
Investing activities resulted in a substantial cash
outflow of ₹319.13 crores in FY2025 compared to ₹98.14
crores in FY2024. This sharp increase is largely due to heavy
capital expenditure on property, plant, and equipment (₹333.59 crores),
reflecting ongoing expansion or modernization efforts. Proceeds from asset
sales and minor interest/dividend income (₹14.48 crores combined) offset this
outflow only slightly. The trend indicates that the company is aggressively
investing in long-term assets to support future growth.
Cash Flow from Financing Activities
Financing activities generated a net inflow of ₹184.16
crores in FY2025, a reversal from the outflow of ₹44.74
crores in FY2024. This is mainly driven by a significant
increase in long-term borrowings (₹198.76 crores), which funded the high
capital expenditure. Short-term borrowings also contributed positively (₹15.99
crores), while finance costs and dividend payments were moderate in comparison.
The increase suggests reliance on debt to finance expansion rather than
operational cash.
Overall Cash Position
Despite significant capital expenditure, the company
managed a small net increase in cash and cash equivalents of ₹0.91
crores, ending the year at ₹1.48 crores. This
indicates a tight cash management strategy, where cash generated from
operations and financing activities sufficiently covered large investment
outflows. While the absolute cash balance remains low, the company’s liquidity
appears stable given its operational cash flows
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Current ratio |
0.59 |
0.82 |
|
Debt equity ratio |
1.02 |
0.59 |
|
Debt service coverage
ratio |
1.52 |
1.97 |
|
Return on equity |
4.66% |
9.66% |
|
Inventory turnover
ratio |
7.41 |
8.01 |
|
Trade receivables ratio |
31.29 |
37.92 |
|
Trade payable turnover ratio |
9.96 |
15.81 |
|
Net capital turnover
ratio |
-6.63 |
-22.65 |
|
Net profit ratio |
4% |
6% |
|
Return on capital employed |
5.44% |
14.35% |
|
Return on investment |
3% |
37% |
Summary of Financial Ratios for the year 2025
and 2024.
Current ratio
The current ratio declined
from 0.82 in 2024
to 0.59 in 2025,
indicating weakening short-term liquidity. A ratio below 1 suggests the company
may not have enough current assets to cover its current liabilities, reflecting
tighter cash management.
Debt equity ratio
The debt-equity ratio
increased from 0.59 to 1.02, showing
higher reliance on debt financing. This aligns with the company’s significant
long-term borrowings to fund capital expenditure, increasing financial risk.
Debt service coverage ratio
The debt service coverage ratio fell
from 1.97 to 1.52, indicating
reduced capacity to meet debt obligations from operational earnings. This is a
sign of increased financial leverage and pressure on cash flows.
Return on equity
ROE declined from 9.66% to 4.66%,
reflecting lower profitability relative to shareholder funds. This drop is
consistent with reduced net profit margins and higher interest expenses from
increased debt.
Inventory turnover ratio
The inventory turnover ratio
decreased from 8.01 to 7.41,
suggesting slower movement of stock. This could lead to higher holding costs
and indicates a slight decline in operational efficiency.
Trade receivables ratio
The trade receivables ratio fell
from 37.92 to 31.29, showing
slower collection from customers. This may impact liquidity if receivables are
not converted into cash promptly.
Trade payable turnover ratio
The trade payable turnover ratio dropped
from 15.81 to 9.96,
implying the company is taking longer to pay its suppliers. This may help
short-term liquidity but could strain supplier relationships.
Net capital turnover ratio
The net capital turnover ratio remains
negative at -6.63, though improved from -22.65.
Negative values indicate the company’s capital investments are not yet
generating sufficient sales revenue.
Net profit ratio
The net profit ratio declined
from 6% to 4%, showing
reduced profitability relative to sales. This aligns with higher finance costs
and increased operational expenses.
Return on capital employed
ROCE decreased from 14.35% to 5.44%,
indicating less efficient use of capital in generating profits. High debt and
new investments are likely impacting returns in the short term.
Return on investment
