The Anaparai Estates Annual Reports | Balance Sheet | Financials | Cashflow

The Anaparai Estates Limited Consolidated Balance Sheet (Rs in Crores)

Particulars	31-03-2025	31-03-2024
Equity
Share Capital	0.24	0.24
Reserves & Surplus	56.95	43.51
Minority Interest	5.08	4.95
Non-Current Liabilities
Long Term Borrowings	-	0.93
Long Term Provisions	1.08	1.05
Current Liabilities
Short Term Borrowings	6.73	5.41
Trade Payables	1.64	0.88
Other Current Liabilities	1.02	0.38
Short Term Provisions	2.39	1.55
Total equity and liability	75.15	58.94
Non-Current Assets
Fixed Assets (Tangible)	26.07	23.33
Non-Current Investments	4.58	4.58
Deferred Tax Assets (net)	-0.49	-0.44
Long Term Loans & Advances	2.13	1.53
Current Assets
Inventories	11.36	8.55
Trade Receivables	1.88	1.64
Cash and Cash Equivalents	20.47	13.33
Short Term Loans & Advances	9.14	6.40
Total assets	75.15	58.94

The Anaparai Estates Limited Consolidated Profit & Loss Statement (Rs in Crores)

Particulars	31-03-2025	31-03-2024
Revenue from Operations	36.83	35.54
Other Income	1.51	2.02
Total Revenue	38.34	37.57
Expenses
Cost of Materials Consumed	0.16	0.14
Changes in Inventories of Finished Goods	-2.87	6.95
Employee Benefits Expense	21.04	17.86
Finance Costs	0.47	0.61
Depreciation & Amortization	1.38	1.12
Other Expenses	6.54	5.48
Total Expenses	26.75	32.18
Profit Before Tax	11.59	5.38
Current Tax	-0.46	-0.39
Deferred Tax	-0.03	-0.09
Profit from Continuing Operations	11.09	4.89
Less: Transfer to Minority Interest	0.12	0.47
Consolidated Profit after Minority Interest	10.97	4.42
Earnings per share
Basic & Diluted	90.83	36.65

The Anaparai Estates Limited Consolidated Cash Flow Statement (Rs in Crores)

Particulars	31-03-2025	31-03-2024
Cash Flow From Operating Activities
Net Profit before tax	11.59	5.38
Adjustments:
Finance Costs	0.47	0.61
Depreciation & Amortization	1.38	1.12
Dividend Income	-0.21	-0.38
Interest Income	-0.73	-0.64
Rental Income	-0.16	-0.84
Net Income from Sale of Timber	2.37	0.10
Operating Profit before Working Capital Changes	14.71	5.36
Inventories	2.81	6.99
Other current assets	-0.23	0.39
Trade & Other Payables	0.75	0.38
Other Current Liabilities	0.64	-0.08
Short term provisions	0.83	0.22
Long term provisions	0.02	0.05
Adjusted to reserves	0.11	0.32
Cash Generated from Operations	0.66	6.85
Taxes Paid	-0.46	-0.39
Net Cash from Operating Activities	13.59	11.82
Cash Flow From Investing Activities
Purchase of Fixed Assets	-4.13	-3.11
Investments made	-	-0.97
Movement in Loans & Advances	-2.74	-2.05
Long term loans and advances	0.59	0.51
Interest Income	0.73	0.64
Rental Income	0.16	0.84
Dividend Income	0.21	0.38
Net Cash used in Investing Activities	-6.35	-3.75
Cash Flow From Financing Activities
Increase/(Repayment) of Long Term Borrowings	-0.93	-2.20
Short Term Borrowings (net)	1.32	0.84
Interest & Bank Charges	-0.47	-0.61
Net Cash from Financing Activities	-0.09	-1.98
Net Increase in Cash & Cash Equivalents	7.13	6.09
Opening Balance of Cash & Cash Equivalents	13.33	7.23
Closing Balance of Cash & Cash Equivalents	20.47	13.33

Summary of cash flow statement for the year 2025 and 2024: 

Cash Flow from Operating Activities

The company generated strong cash flows from its core operations in 2025. Net profit before tax increased significantly from ₹5.38 crore to ₹11.59 crore, indicating improved profitability. Adjustments such as depreciation and finance costs were stable, while non-operating incomes like dividend, interest, and rental income were deducted appropriately. A notable increase in income from sale of timber further boosted operating profit, which rose sharply to ₹14.71 crore from ₹5.36 crore.

However, working capital changes had an adverse impact, particularly due to a rise in inventories in 2024 compared to a smaller increase in 2025. Despite this, the company managed to maintain healthy cash generation. After taxes, net cash from operating activities improved to ₹13.59 crore from ₹11.82 crore, reflecting strong operational efficiency and cash-generating ability.

 

Cash Flow from Investing Activities

The company reported a higher cash outflow from investing activities in 2025 at ₹6.35 crore compared to ₹3.75 crore in 2024. This increase is mainly due to higher capital expenditure on fixed assets and increased movement in loans and advances.

Although the company earned income from interest, rent, and dividends, these inflows were not sufficient to offset the higher investments. Overall, this indicates that the company is actively investing in asset expansion and possibly future growth, but it also leads to higher cash outflows in the short term.

 

Cash Flow from Financing Activities

Cash flow from financing activities showed a marginal outflow of ₹0.09 crore in 2025 compared to a larger outflow of ₹1.98 crore in 2024. The company reduced its long-term borrowings, indicating repayment of debt, while short-term borrowings increased slightly.

Interest payments remained consistent, reflecting stable finance costs. The reduced net outflow suggests improved financial management, with a balanced approach between debt repayment and short-term funding.

 

Net Increase in Cash & Cash Equivalents

Overall, the company recorded a strong increase in cash and cash equivalents of ₹7.13 crore in 2025, higher than ₹6.09 crore in 2024. This growth is mainly driven by strong operating cash flows despite higher investing outflows.

The closing cash balance increased substantially to ₹20.47 crore from ₹13.33 crore, indicating improved liquidity and a stronger cash position. This enhances the company’s ability to meet short-term obligations and invest in future opportunities.

Financial Ratios of The Anaparai Estates Limited

Particulars	31-03-2025	31-03-2024
Current Ratio	6.43	7.43
Debt Equity Ratio	-	0.03
Debt Service Coverage Ratio	20.31	5.17
Return on Equity Ratio	0.29	0.11
Inventory Turnover Ratio	3.41	2.68
Trade Payables Turnover Ratio	2.68	4.32
Net Capital Turnover Ratio	2.03	2.66
Net Profit Ratio	0.35	0.11
Return on Capital Employed	0.30	0.11
Return on Investment	0.11	0.11

Summary of financial ratios for the year 2025 and 2024:

Current Ratio

The current ratio decreased from 7.43 in 2024 to 6.43 in 2025, indicating a slight reduction in liquidity. However, the ratio remains significantly high, showing that the company continues to maintain a strong ability to meet its short-term obligations. The excess liquidity also suggests that a portion of current assets may be underutilized.

 

Debt Equity Ratio

The debt-equity ratio is negligible in 2025 compared to 0.03 in 2024, indicating that the company is almost entirely equity-financed. This reflects a very low financial risk and strong solvency position, as the company has minimal dependence on external borrowings.

 

Debt Service Coverage Ratio

The DSCR improved substantially from 5.17 to 20.31, showing a significant increase in the company’s ability to service its debt obligations. This sharp rise is mainly due to improved profitability and low finance costs, indicating excellent financial strength.

 

Return on Equity

ROE increased from 0.11 to 0.29, reflecting a strong improvement in shareholders’ returns. This indicates that the company has become more efficient in generating profits from shareholders’ funds during the year.

 

Inventory Turnover Ratio

The inventory turnover ratio improved from 2.68 to 3.41, indicating better inventory management and faster movement of stock. This suggests improved operational efficiency and reduced holding costs.

 

Trade Payables Turnover Ratio

The trade payables turnover ratio declined from 4.32 to 2.68, indicating that the company is taking a longer time to pay its suppliers. While this may help in managing cash flows, it could potentially affect supplier relationships if prolonged.

 

Net Capital Turnover Ratio

The net capital turnover ratio decreased from 2.66 to 2.03, indicating a slight decline in the efficiency of utilizing working capital to generate revenue. This suggests that the company may not be using its working capital as effectively as in the previous year.

 

Net Profit Ratio

The net profit ratio increased significantly from 0.11 to 0.35, showing a strong improvement in profitability. This indicates that the company is earning higher profit per unit of revenue, reflecting better cost control and operational performance.

 

Return on Capital Employed

ROCE improved from 0.11 to 0.30, indicating more efficient utilization of total capital employed. This reflects better operational performance and improved returns from the company’s overall investments.

 

Return on Investment

ROI remained constant at 0.11 in both years, indicating stable returns on investments. While there is no growth, it reflects consistency in the company’s investment performance.