| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| T Stanes and Company Limited |
|
Particulars |
31-03-2026 |
31-03-2025 |
|
Non-Current Assets |
|
|
|
Property,
Plant And Equipment |
43.88 |
44.44 |
|
Capital
Work-In-Progress |
5.53 |
4.17 |
|
Investment
Property |
2.19 |
2.28 |
|
Intangible
Assets |
0.00 |
0.02 |
|
Right-Of-Use
Assets |
3.13 |
2.47 |
|
Investments
|
46.08 |
34.77 |
|
Other Financial
Assets |
2.60 |
1.17 |
|
Deferred
Tax Assets |
0.07 |
0.12 |
|
Other
Non-Current Assets |
1.32 |
1.04 |
|
Current Assets |
|
|
|
Inventories |
80.00 |
72.83 |
|
Investments
|
28.44 |
13.93 |
|
Trade
Receivables |
86.91 |
77.81 |
|
Cash
And Cash Equivalents |
12.45 |
4.25 |
|
Bank
Balances Other Than Cash And Cash Equivalents |
4.20 |
18.23 |
|
Other Financial
Assets |
0.55 |
1.73 |
|
Other
Current Assets |
13.73 |
17.91 |
|
Total Assets |
331.09 |
297.16 |
|
Equity |
|
|
|
Equity
Share Capital |
2.37 |
2.37 |
|
Other
Equity |
240.70 |
210.54 |
|
Non-Controlling
Interest |
3.31 |
2.73 |
|
Non-Current Liabilities |
|
|
|
Lease Liabilities
|
1.88 |
1.42 |
|
Other
Financial Liabilities |
0.86 |
0.08 |
|
Provisions |
3.95 |
3.01 |
|
Deferred
Tax Liabilities |
0.47 |
0.39 |
|
Current Liabilities |
|
|
|
Borrowings
|
0.01 |
0.23 |
|
Lease Liabilities
|
1.38 |
1.15 |
|
Trade
Payables - Micro & Small Enterprises |
0.91 |
0.93 |
|
Trade
Payables - Other Creditors |
51.06 |
47.75 |
|
Other Financial
Liabilities |
11.65 |
12.98 |
|
Other
Current Liabilities |
10.52 |
12.22 |
|
Current
Tax Liabilities (Net) |
1.30 |
0.94 |
|
Provisions
|
0.72 |
0.43 |
|
Total Equity And Liabilities |
331.09 |
297.16 |
|
Particulars |
31-03-2026 |
31-03-2025 |
|
Income |
|
|
|
Revenue
From Operations |
546.19 |
526.51 |
|
Other
Income |
7.93 |
5.47 |
|
Total Income |
554.12 |
531.98 |
|
Cost Of
Materials Consumed |
281.94 |
260.97 |
|
Purchases
Of Stock-In-Trade |
98.96 |
91.26 |
|
Changes
In Inventories Of Finished Goods And Stock-In-Trade |
-3.36 |
16.19 |
|
Employee
Benefits Expense |
56.39 |
50.36 |
|
Finance
Costs |
0.78 |
0.80 |
|
Depreciation
And Amortization Expense |
6.77 |
6.29 |
|
Other
Expenses |
78.52 |
73.34 |
|
Total Expenses |
519.99 |
499.23 |
|
Profit Before Tax |
34.13 |
32.74 |
|
Current
Tax |
8.73 |
8.28 |
|
Deferred
Tax |
-0.03 |
0.04 |
|
Profit For The Year |
25.42 |
24.42 |
|
Other Comprehensive Income |
|
|
|
Re-Measurements
Of The Defined Benefit Plans (Net) |
0.57 |
-0.38 |
|
Equity
Instruments Through Oci |
9.53 |
6.51 |
|
Income
Tax On Items That Will Not Be Reclassified To Profit Or Loss |
-0.17 |
-0.03 |
|
Total Comprehensive Income For The Year |
35.36 |
30.53 |
|
Earnings Per Share (Rs.) |
|
|
|
Basic
& Diluted |
107.44 |
103.22 |
|
Particulars |
31-03-2026 |
31-03-2025 |
|
Cash Flow From Operating Activities |
|
|
|
Profit After
Tax |
25.42 |
24.42 |
|
Adjustments For: |
|
|
|
Tax Expense
(Net) |
8.70 |
8.32 |
|
Depreciation
And Amortization Expense |
6.77 |
6.29 |
|
Profit On
Sale Of Property, Plant And Equipment (Net) |
-0.31 |
-0.02 |
|
Net Gain
On Sale Of Investments |
-0.05 |
- |
|
Loss On
Switch Over Of Mutual Fund |
- |
0.06 |
|
Fair Value
Gain From Financial Asset |
-0.87 |
-0.25 |
|
Allowance
For Expected Credit Loss |
- |
0.01 |
|
Bad Debts
Write Off (Net) |
0.71 |
0.71 |
|
Rental Income |
-3.18 |
-3.21 |
|
Dividend
Income |
-0.39 |
-0.31 |
|
Interest
Income |
-0.85 |
-1.16 |
|
Unrealised
Foreign Exchange (Gain)/Loss |
-0.56 |
-0.02 |
|
Finance
Costs |
0.78 |
0.80 |
|
Operating Profit Before Working Capital
Changes |
36.17 |
35.63 |
|
Adjustments For (Increase)/Decrease In
Operating Assets: |
|
|
|
Inventories |
-7.18 |
18.16 |
|
Trade Receivables |
-9.25 |
-13.02 |
|
Non-Current
And Current Financial Assets |
-0.25 |
-0.27 |
|
Non-Current
And Current Assets |
4.48 |
-5.56 |
|
Adjustments For (Increase)/Decrease In
Operating Liabilities: |
|
|
|
Trade Payables |
3.29 |
-9.99 |
|
Non-Current
And Current Financial Liabilities |
-0.66 |
0.89 |
|
Current
Liabilities |
-1.70 |
-1.35 |
|
Non-Current
And Current Provisions |
1.23 |
0.85 |
|
Cash Generated From Operations |
26.13 |
25.33 |
|
Income Taxes
Paid (Net) |
-8.38 |
-8.87 |
|
Net Cash Flow From Operating Activities |
17.75 |
16.47 |
|
Cash Flow From Investing Activities |
|
|
|
Purchase
Of Property, Plant And Equipment (Net Of Payables) |
-6.00 |
-10.44 |
|
Proceeds
From Sale Of Property, Plant And Equipment |
0.38 |
0.18 |
|
Sale/(Purchase)
Of Investments (Net) |
-15.36 |
-12.58 |
|
Rental Income |
3.18 |
3.21 |
|
Other Bank
Balances |
14.06 |
8.09 |
|
Interest
Received |
0.85 |
1.26 |
|
Dividend
Received |
0.39 |
0.31 |
|
Net Cash Flow Used In Investing Activities |
-2.51 |
-9.97 |
|
Cash Flow From Financing Activities |
|
|
|
Finance
Costs Paid |
-0.57 |
-0.58 |
|
(Repayment)/Proceeds
From Current Borrowings (Net) |
-0.21 |
0.19 |
|
Payment
Of Dividends |
-4.58 |
-4.61 |
|
Payment
Of Lease Liabilities |
-1.68 |
-1.53 |
|
Net Cash Flow Used In Financing Activities
|
-7.04 |
-6.54 |
|
Net Increase/(Decrease)
In Cash And Cash Equivalents |
8.20 |
-0.05 |
|
Cash And
Cash Equivalents At The Beginning Of The Year |
4.25 |
4.30 |
|
Cash And Cash Equivalents At The End Of
The Year |
12.45 |
4.25 |
Summary
of Cash Flow Statement for the year 2026 and 2025:
Cash Flow
from Operating Activities:
The company generated ₹17.75
crore of net cash from operating activities in FY2025-26, compared with ₹16.47 crore in FY2024-25,
indicating an improvement of ₹1.28 crore. Profit after tax increased moderately
from ₹24.42 crore to ₹25.42 crore. Operating profit before working capital
changes also improved from ₹35.63 crore to ₹36.17 crore. However, working
capital movements remained a significant factor. Inventories increased by ₹7.18
crore and trade receivables increased by ₹9.25 crore, resulting in substantial
cash being tied up in working capital. This was partly offset by higher trade
payables and a decrease in other current assets. Despite these pressures, cash
generated from operations increased from ₹25.33 crore to ₹26.13 crore. After
paying ₹8.38 crore in income taxes, the company generated a healthy operating
cash flow of ₹17.75 crore. Overall, the operating section reflects strong and improving cash-generation
capability, although
the rise in inventory and receivables needs monitoring.
Cash Flow
from Investing Activities:
Net cash used in investing activities declined significantly to ₹2.51 crore in FY2025-26, compared with ₹9.97 crore in FY2024-25,
showing a substantial improvement in investment-related cash flow. Capital
expenditure on property, plant and equipment fell from ₹10.44 crore to ₹6.00
crore, reducing the cash outflow for fixed assets. The company also received
₹14.06 crore from other bank balances, compared with ₹8.09 crore in the
previous year. At the same time, the company invested ₹15.36 crore in
investments, which was higher than the ₹12.58 crore investment outflow in
FY2025. Rental income, interest received and dividend income together provided
additional cash inflows. Thus, although investing activities continued to
consume cash, the outflow was much lower than the previous year. This suggests better cash management and lower net
investment-related cash requirements during FY2025-26.
Cash Flow
from Financing Activities:
Financing activities resulted in a net
cash outflow of ₹7.04 crore in FY2025-26, compared with ₹6.54 crore in FY2024-25. The company paid ₹4.58
crore as dividends, broadly in line with ₹4.61 crore in the previous year. It
also paid ₹1.68 crore towards lease liabilities and ₹0.57 crore towards finance
costs. Current borrowings recorded a small net repayment of ₹0.21 crore,
whereas the previous year had a small net borrowing inflow of ₹0.19 crore. The
financing cash flow therefore indicates that the company is not relying heavily on additional
borrowings to fund its operations and continues to make
distributions to shareholders while meeting its financing obligations. The
slightly higher financing outflow is mainly attributable to increased
lease-liability payments.
Net
Increase/(Decrease) in Cash and Cash Equivalents:
The company recorded a net
increase in cash and cash equivalents of ₹8.20 crore in FY2025-26,
a major improvement from the ₹0.05 crore decrease in FY2024-25. This improvement
was primarily driven by stronger operating cash generation and a substantially
lower investing cash outflow. Although financing activities consumed ₹7.04
crore, the company still generated a significant net increase in cash. Cash and
cash equivalents consequently increased from ₹4.25 crore at the beginning of FY2026 to ₹12.45 crore
at year-end. This represents a considerable strengthening of
the company 's immediate liquidity position.
Financial ratios of T. Stanes and Company Limited
|
Particulars |
31-03-2026 |
31-03-2025 |
|
Current
Ratio |
2.97 |
2.75 |
|
Return
on Equity Ratio |
10.21% |
11.52% |
|
Inventory
turnover ratio |
5.10 |
4.60 |
|
Trade
Receivables turnover ratio |
6.56 |
7.43 |
|
Trade
Payables turnover ratio |
7.91 |
6.79 |
|
Net
capital turnover ratio |
3.62 |
4.05 |
|
Net profit
ratio |
4.57% |
4.67% |
|
Return
on Capital employed |
13.10% |
14.81% |
|
Return
on investment |
15.17% |
12.95% |
Summary
of Financial Ratios for the year 2026 and 2025:
Current
Ratio
The current ratio improved from 2.75
in FY2024-25 to 2.97 in FY2025-26. This indicates that the
company has strengthened its short-term liquidity position and has nearly three
times as many current assets as current liabilities. The improvement suggests
that the company is in a comfortable position to meet its short-term obligations.
Overall, the ratio reflects strong
liquidity and improved working-capital solvency during
FY2025-26.
Return on
Equity Ratio
The Return on Equity ratio declined from 11.52%
to 10.21%. This indicates that the company generated a lower
return on shareholders ' funds compared with the previous year. Although the
company remained profitable, the decline suggests that shareholders ' capital
was utilised somewhat less efficiently in FY2025-26. The company may therefore
need to improve profitability and asset utilisation to enhance returns to
equity shareholders.
Inventory
Turnover Ratio
The inventory turnover ratio increased from 4.60 times to 5.10 times, indicating an
improvement in the efficiency with which the company manages and sells its
inventory. A higher turnover generally means that inventory is moving faster
and less capital is tied up in stock. This is a positive development and
suggests better
inventory management and operational efficiency during
FY2025-26.
Trade
Receivables Turnover Ratio
The trade receivables turnover ratio declined from 7.43 times to 6.56 times.
This indicates that the company collected its receivables more slowly compared
with the previous year. The decline may point to a longer collection period or
increased credit extended to customers. This is an area that requires attention
because slower collection can increase funds blocked in receivables and affect
operating cash flows. The decline is also consistent with the increase in trade
receivables reflected in the cash flow statement.
Trade
Payables Turnover Ratio
The trade payables turnover ratio increased substantially from 6.79 times to 7.91 times.
This indicates that the company is paying its suppliers at a faster rate
compared with the previous year. While this may reflect efficient settlement of
supplier obligations and good supplier relationships, it can also result in
cash being released more quickly to creditors. Therefore, the company should
balance timely payments with effective working-capital management.
Net Capital
Turnover Ratio
The net capital turnover ratio declined from 4.05 times to 3.62 times. This indicates
that the company generated relatively lower revenue in relation to its net
working capital during FY2025-26. Although the company maintained a strong current
ratio, the decline suggests that the increased investment in working capital
was not accompanied by a proportionate increase in revenue. The company could
improve this ratio by making more efficient use of its working-capital
resources.
Net
Profit Ratio
The net profit ratio decreased slightly from 4.67% to 4.57%. This means that the
company earned approximately ₹4.57 of net profit for every ₹100 of revenue in
FY2025-26, compared with ₹4.67 in the previous year. The marginal decline
indicates some pressure on overall profit margins despite the increase in
profit after tax. Therefore, controlling operating costs and improving revenue
profitability will be important for strengthening the company 's net margin.
Return on
Capital Employed
ROCE declined from 14.81%
to 13.10%, indicating a reduction in the efficiency with which
the company generated operating returns from its total capital employed.
Although a 13.10% return still represents a positive return on capital, the
year-on-year decline suggests that capital utilisation became relatively less
efficient. Management should focus on improving operating profitability and
ensuring that additional capital is deployed in productive assets and business
activities.
Return on
Investment
The Return on Investment ratio improved significantly from 12.95% to 15.17%.
This indicates that the company generated a higher return on its investments
during FY2025-26. The improvement is a positive sign and suggests better
performance from the company 's investment portfolio or more efficient
utilisation of invested funds. This improvement also provides some support to
the company 's overall earnings performance despite the decline in ROE and ROCE.
