The Canning Industries Cochin Ltd (CAICO) Return Comparision with Primex 40 Index

Periods	1 Week	1 Month	3 Months	6 Months	1 Year	3 Years	All Time
Primex-40
The Canning Industries Cochin Ltd

The Canning Industries Cochin Standalone Balance Sheet (Rs. In Hundreds)

Particular	31-03-2025	31-03-2024
Shareholders’ funds
Share capital	1,81,354.20	1,81,354.20
Reserves and surplus	25,77,670.24	25,76,227.90
Non-current liabilities
Long term borrowings	2,40,227.19	1,49,920.00
Other long term liabilities	44,460.35	44,460,35
Long term provisions	38,983.22	38,342.02
Current liabilities
Trade payables:
Due to micro and small enterprises	1,891.40	-
Due to others	19,368.46	22,803.36
Other current liabilities	1,09,302.90	1,87,866.56
Total Equity and Liabilities	32,13,257.96	32,00,974.39
Non-current assets
Property, plant and equipment	29,91,008.92	30,03,540.32
Intangible assets	258.16	425.34
Capital work in progress	1,650.18	-
Deferred tax assets (net)	9,453.57	10,925.98
Other non-current assets	13,862.17	13,862.17
Current assets
Inventories	45,430.30	43,234.32
Trade receivables	37,806.77	27,083.16
Cash and bank balances	4,187.67	1,238.67
Short term loan and advances	14,813.02	14,823.31
Other current assets	94,787.20	85,841.12
Total Assets	32,13,257.96	32,00,974.39

The Canning Industries Cochin Limited Standalone Profit & Loss (Rs. In Hundreds)

Particulars	31-03-2025	31-03-2024
Revenue from operations	56,935.89	65,684.95
Other Income	79,866.88	58,932.79
Total income	1,36,802.77	1,24,617.74
Expenses
Cost of materials consumed	23.863.03	27,907.51
Purchase of stock-in-trade	11,378.86	-
Change in inventories of finished goods and work-in-progress	(13,56.28)	1,844.12
Employee benefit expense	44,915.15	49,023.76
Finance cost	687.82	620.85
Depreciation and amortization expense	19,323.48	15,487.31
Other expenses	35,075.92	39.962.04
Total expenses	1,33,887.98	1,34,845.59
Profit/(loss) Before Tax	2,914.79	(10,227.85)
Deferred tax	1,472.41	3,499.72
Profit/(Loss) before tax	1,442.38	(13,727.57)
Earnings per equity share (in Rs.)
Basic	0.24	(2.27)
Diluted	0.24	(2.27)

The Canning Industries Cochin Limited Standalone Financial Ratios

Particular	31-03-2025	31-03-2024
Current Ratio	1.51	0.82
Debt Equity Ratio	0.09	0.05
Return on Equity Ratio	0.05%	0.00%
Inventory Turnover Ratio	1.28	-
Trade receivable Turnover Ratio	1.75	-
Trade Payable Turnover Ratio	1.64	-
Net Capital Turnover Ratio	0.86	(1.71)
Net Profit Ratio	2.53%	(20.90)%
Return on Capital Employed Ratio (in %)	0.12%	(0.33)%

Summary of the financial ratio for the years 2025 and 2024

Current Ratio:
The company’s current ratio improved from 0.82 in 2024 to 1.51 in 2025, showing a much stronger liquidity position. This means the company now has more current assets than current liabilities, making it better equipped to meet short-term obligations compared to the previous year.

Debt-Equity Ratio:
The debt-equity ratio remained very low, rising slightly from 0.05 in 2024 to 0.09 in 2025. This indicates that the company continues to rely very little on borrowed funds and is primarily financed through its own equity, keeping financial risk at a minimum.

Return on Equity:
ROE was 0.00% in 2024 and inched up to 0.05% in 2025. While this is a small improvement, it still reflects extremely weak returns for shareholders, suggesting that profits are not generating significant value on equity invested.

Inventory Turnover Ratio:
In 2025, the company recorded an inventory turnover ratio of 1.28, indicating that it sold and replaced its stock just over once during the year. This shows that inventory movement is relatively slow. No data is available for 2024 for comparison.

Trade Receivable Turnover Ratio:
The receivables turnover ratio stood at 1.75 in 2025, meaning the company collected dues from customers less than twice a year. This points to slow collection efficiency, which could affect liquidity. Data for 2024 is unavailable.

Trade Payable Turnover Ratio:
In 2025, the trade payable turnover ratio was 1.64, suggesting that the company pays its suppliers relatively slowly, roughly less than twice a year. This could be a sign of managing cash flows carefully. No comparable figure is reported for 2024.

Net Capital Turnover Ratio:
The company’s net capital turnover ratio improved significantly from a negative -1.71 in 2024 to a positive 0.86 in 2025. This shift indicates that the company has moved from inefficient use of working capital towards generating sales more effectively, though efficiency is still moderate.

Net Profit Ratio:
The net profit ratio showed a major turnaround, rising from a loss of -20.90% in 2024 to a profit margin of 2.53% in 2025. This reflects improved operational performance, though profit margins remain relatively low.

Return on Capital Employed (ROCE):
ROCE also improved, moving from -0.33% in 2024 to 0.12% in 2025. While still very low, this shift into positive territory shows that the company is beginning to generate returns from its capital, albeit at a minimal level.