The Methoni Tea Annual Reports, Balance Sheet and Financials

The Methoni Tea Company Limited Standalone Balance Sheet (Rs in Thousands)

Particulars	31-03-2025	31-03-2024
Non Current assets
Property Plant and Equipments & intangible assets	7,049.76	644.71
Investments	7,54,353.15	7,69,268.26
Deferred Tax Assets (net)	933.90	707.43
Other non-current assets	13,722.07	11,559.94
Current Assets
Cash and Cash Equivalents	198.01	64.39
Other Current assets	36,160.30	17,523.32
Total Assets	8,12,417.19	7,99,768.05
Equity
Equity Share Capital	9,080.00	9,080.00
Other Equity	7,97,796.19	7,68,564.05
Non-current Liabilities
Provisions	5,494.74	21,536.26
Current Liabilities
Other current liabilities	46.25	587.73
Total Equity and Liabilities	8,12,417.18	7,99,768.04

The Methoni Tea Company Limited Standalone Profit & Loss Statement (Rs in Thousands)

Particulars	31-03-2025	31-03-2024
Revenue
Revenue from Operations	91,715.89	1,10,539.94
Other Income	43,003.35	1,83,534.21
Total Revenue	1,34,719.24	2,94,074.15
Expenses
Purchase of stock in trade	91,101.96	1,09,668.26
Changes in inventories of finished goods, work in progress and stock in trade	-	28,384.13
Employee benefit expenses	2,258.40	2,638.21
Depreciation and amortization expense	950.55	155.26
Other Expenses	6,788.26	6,262.28
Total Expenses	1,01,099.17	1,47,108.14
Profit/(loss) before tax	33,610.07	1,46,966.01
Current Tax	5,783.21	18,330.92
Deferred Tax	-226.48	-163.00
Tax for earlier years	-2,571.40	-144.00
Profit/(loss) after tax	30,624.74	1,28,942.09
Other Comprehensive Income
Items that will not be reclassified to profit and loss:
Net change in fair value	-1,681.08	18,679.15
Tax impact on above	288.47	-3,205.34
Total Comprehensive income for the year	29,232.14	1,44,416.62
Paid Up Equity Share Capital	908.00	908.00
Earnings per share
Basic	33.73	142.01
Diluted	33.73	142.01

The Methoni Tea Company Limited Standalone Cash Flow Statement (Rs in Thousands)

Particulars	31-03-2025	31-03-2024
Cash Flow from Operating Activities
Profit/(Loss) before tax from continuing operations	33,610	1,46,966
Adjustment for:
Depreciation and Amortization	950.55	155.26
Interest receivables written off	-	9.93
Interest Income	-28643.65	-18011.25
Dividend income	-	-100
(Profit)/Loss on sale on investments	-13793.65	-132978
(Profit)/Loss on sale of bonds	-	1072.19
Operating profit /(Loss) before working capital changes	-7876.69	-2885.86
Inventories	-	28384.13
Other current assets	-18635.98	-4284.42
Other current liabilities	-541.48	493.79
Cash Generated from Operations	-27055.15	21707.63
Net income tax (paid)/refunds	-21126.96	-2967.82
Net Cash flow from / (used in) operating actiities	-48182.11	18739.81
Cash Flow from Investing Activities
Investment in Partnership firm	-29100.97	-80250
Purchase of Fixed assets	-7355.6	-
Investment in Fixed deposits	-	-373500
Purchase of Investments	-	-28384.13
Proceeds from sale of invetsments	56128.65	294606.63
Purchase of Bond	-	-26447.2
Sale of bonds	-	176523.01
Interest Income	28643.65	18011.25
Dividend Income	-	100
Net Cash flow from / (used in) Investing actiities	48315.74	-19340.46
Net increase/(decrease) in cash and cash equivalents	133.63	-600.65
Cash and cash equivalents at the beginning of the year	64.39	665.03
Cash and cash equivalents at the end of the year	198.01	64.39
Cash and cash equivalents at the year end comprises of:
Cash in hand	0.68	31.01
Balances with banks:
In current accounts	196.33	32.38
In Deposit accounts	1	1

Summary of the Cash Flow Statement for the years 2025 and 2024:

Operating Activities

In 2024–25, the company reported a loss before tax of ₹33,610 compared to a much higher profit of ₹1,46,966 in 2023–24. After adjusting for non-cash items like depreciation (₹950.55) and removing large income from interest and investment sales, the operating result turned negative. Working capital movements worsened the situation, with outflows from other current assets (-₹18,636) and current liabilities (-₹541). As a result, cash from operations was -₹27,055 compared with a positive ₹21,708 in the previous year. After tax payments of -₹21,127, the net cash flow from operating activities was -₹48,182 in 2024–25, versus a positive inflow of ₹18,740 in 2023–24. This shows a sharp swing from cash generation to a significant cash drain.

Investing Activities

The investing side tells the opposite story. In 2023–24, there were large outflows on fixed deposits (-₹373,500), investments (-₹28,384), partnership investments (-₹80,250), and bonds (-₹26,447). These were partly offset by proceeds from sales of investments (₹2,94,607) and bonds (₹1,76,523), but overall resulted in a net outflow of -₹19,340. In 2024–25, the company received stronger inflows: ₹56,129 from sale of investments and ₹28,644 in interest income, against new partnership investment (-₹29,101) and fixed asset purchases (-₹7,356). This produced a net inflow of ₹48,316, reversing the negative position of the prior year.

Net Change in Cash

Bringing both together, in 2023–24 the company had a net decrease of -₹601 in cash and cash equivalents, reducing the balance from ₹665 to ₹64. In 2024–25, despite heavy outflows from operations, the strong inflows from investing produced a net increase of ₹134, raising cash and equivalents to ₹198 at year-end. The closing balance consisted mainly of bank current accounts (₹196) and a very small portion in cash (₹0.68).

Financial Ratios of The Methoni Tea Company Limited

Particulars	2024-2025	2023-2024
Current ratio	786.13	29.92
Return on equity ratio	4.17	18.9
Net Capital turnover ratio	2.53	6.5
Net profit ratio	0.33	1.17
Return on capital employed	4.14	18.39

Summary of the financial ratios for The Methoni Tea Company Limited for the year 2025 and 2024:

Current Ratio

The current ratio jumped sharply from 29.92 in 2023–24 to 786.13 in 2024–25. Such a very high figure means the company’s current assets were far greater than its current liabilities in 2024–25. This suggests a big shift in liquidity compared to the previous year.

Return on Equity (ROE)

ROE fell from 18.9 in 2023–24 to 4.17 in 2024–25. This means shareholders earned a much lower return on their equity investment in 2024–25 than they did the year before.

Net Capital Turnover Ratio

The ratio declined from 6.5 in 2023–24 to 2.53 in 2024–25. This shows that the company generated less revenue for every unit of capital employed in 2024–25.

Net Profit Ratio

The net profit ratio was 1.17% in 2023–24 but fell to 0.33% in 2024–25. This means that the company kept a smaller portion of revenue as profit in 2024–25.

Return on Capital Employed (ROCE)

ROCE decreased from 18.39 in 2023–24 to 4.14 in 2024–25. This shows that the company earned a lower return from the total capital it used in the business in 2024–25.