The Puthutotam Estates Annual Reports, Balance Sheet and Financials

CONSOLIDATED BALANCE SHEET of HE PUTHUTOTAM ESTATES (1943) LIMITED AS AT 31st MARCH 2025

STATEMENT OF CONSOLIDATED PROFIT AND LOSS OF HE PUTHUTOTAM ESTATES (1943) LIMITED FOR THE YEAR ENDED 31st MARCH 2025

Particulars	2025	2024
EQUITY AND LIABILITIES
Shareholder's Funds
Share Capital	1,050	1,050
Reserves and Surplus	271,802	250,887
Minority Interest	(2)	(3)
Non-Current Liabilities
Deferred Tax Liabilities	2,323	2,492
Current Liabilities
Short-term borrowings	13,889	12,847
Trade Payables
(i) Due to Micro and Small enterprises	197	43
(ii) Due to Others	16,936	11,374
Other Current Liabilities	13,394	14,278
Short - Term Provisions	8,289	3,407
TOTAL	327,878	296,375
ASSETS
Non-current assets
Property Plant and Equipment and Intangible assets
Tangible assets	163,416	168,380
Intangible assets
Capital work-in-progress
Non - Current Investments	95,470	71,910
Long - Term Loans and advances	2,541	2,708
Current assets
Inventories	35,556	31,943
Trade Receivables	2,823	1,921
Cash and Cash Equivalents	819	1,544
Short - Term Loans and Advances	27,253	17,969
TOTAL	327,878	296,375

Particulars	2025	2024
Revenue from operations	223,752	186,265
Other Income	30,484	26,158
Total Revenue	254,236	212,423
Expenses:
Cost of Materials Consumed	127,412	125,509
Changes in Inventories of Finished Goods, Work-In-Progress and Stock-in-Trade	(4,292)	(2,177)
Employee Benefit Expenses	54,506	50,134
Finance Costs	636	1,157
Depreciation and Amortisation Expenses	6,861	7,017
Other Expenses	43,596	38,901
Total Expenses	228,719	220,541
Profit before exceptional and extraordinary items and tax	25,517	(8,118)
Exceptional Items - Excess Bonus Provision written back                                    Excess Provision for Income Tax w. back	169 1,212	127
Profit before extraordinary Items and tax	26,898	(7,991)
Extraordinary Items	-	-
Profit before tax	26,898	(7,991)
Prior Period Expenses
Tax expense:
Current Таx	6,114	1,212
Deferred Tax	(169)	452
Prior year Tax	-	285
Profit for the period from continuing operations (after tax)	20,953	(9,940)
Minority interest	1	(1)
Profit/(Loss) from discontinuing Operations	-	-
Tax expense of discontinuing operations	-	-
Profit/(Loss) from Discontinuing operations (after tax)	-	-
Profit/ (Loss) for the year	20,952	(9,939))
Earnings Per Equity Share (in Rs.)
1.Basic 2.Diluted	199.54 199.54	0.00 0.00

 

 CONSOLIDATED CASH FLOW STATEMENTOF HE PUTHUTOTAM ESTATES (1943) LIMITED FOR THE YEAR ENDED 31ST MARCH 2025

Particulars	2025	2024
Cash Flow from Operating Activities
Net Profit before Taх	26,898	(7,991)
Adjustments for:
Depreciation	6,861	7,017
Interest Expenses	508	1,116
Operating Profit before Working Capital Changes	34,268	142
(Increase) /Decrease in Trade and other Receivables	(901)	86
(Increase) / Decrease in Inventories	(3,614)	3,099
Increase / (Decrease) in Trade Payables	3,600	(2,760)
Loss on closure of subsidiary company	(37)	-
Cash generated from Operations	(952)	424
Net Cash from Operating Activities	33,316	567
Cash Flow from Investing Activities
Expenses incurred towards addition to
Fixed Assets	(1,898)	(2,599)
Proceeds from Sale of Fixed Assets	0	0
(Increase) / Decrease in Advances	(9,116)	11,420
(Increase) /Decrease in Investments	(23,560)	(6,089)
Net Cash used in investing activities	(1,259)	3,299
Cash Flow from Financing Activities
Proceeds from Long Term Borrowings	1,042	(2,247)
Interest Payments	(508)	(1,116)
Net Cash used in Financing  Activities - Loan Repaid	0	0
Net Increase/Decrease in Cash and Cash equivalents	(725)	66
Cash and Bank Balances at the Beginning of the Period	1,544	1,610
Cash and Bank Balances at the end of the perioD	819	1,544

 

Cash Flow Statement Analysis of HE Puthutotam Estates (1943) Limited

(Consolidated – For the year ended 31 March 2025; Amounts in ₹ Lakhs)

The consolidated cash flow statement of HE Puthutotam Estates (1943) Limited reflects a significant turnaround in profitability during FY 2025; however, liquidity movement shows pressure due to higher investments and working capital absorption. The activity-wise professional analysis is as follows:

1️⃣ Cash Flow from Operating Activities

The Company reported a Net Profit before Tax of ₹26,898 lakhs in FY 2025, compared to a loss of ₹7,991 lakhs in FY 2024, indicating a substantial operational turnaround.

Non-Cash Adjustments:

• Depreciation: ₹6,861 lakhs (₹7,017 lakhs in 2024)

• Interest Expenses: ₹508 lakhs (reduced from ₹1,116 lakhs)

• Loss on closure of subsidiary: ₹37 lakhs

After adjustments, the Operating Profit before Working Capital Changes stood at ₹34,268 lakhs, compared to a marginal ₹142 lakhs in the previous year — reflecting strong core operational improvement.

Working Capital Movements:

• Increase in Trade Receivables: ₹901 lakhs (cash outflow)

• Increase in Inventories: ₹3,614 lakhs (cash outflow)

• Increase in Trade Payables: ₹3,600 lakhs (cash inflow)

Although inventory build-up and receivables growth absorbed cash, higher trade payables partially offset the impact.

The Company generated strong operating cash flows, resulting in Net Cash from Operating Activities of ₹33,316 lakhs, significantly higher than ₹567 lakhs in FY 2024.

Conclusion – Operating Activities:

The Company demonstrated a remarkable operational recovery during FY 2025. Strong profitability translated into substantial operating cash inflows, indicating improved business performance and enhanced earnings quality.

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2️⃣ Cash Flow from Investing Activities

Investing activities reflect expansion and capital allocation decisions:

• Addition to Fixed Assets: ₹1,898 lakhs (capital expenditure)

• Increase in Advances: ₹9,116 lakhs (cash outflow)

• Increase in Investments: ₹23,560 lakhs (significant deployment of funds)

Despite substantial investment activity, the statement reports a net cash outflow of ₹1,259 lakhs from investing activities, compared to an inflow of ₹3,299 lakhs in FY 2024.

Interpretation:

The Company deployed surplus operational cash into investments and advances, suggesting expansion, diversification, or treasury management initiatives.

Conclusion – Investing Activities:

FY 2025 reflects an aggressive investment strategy compared to the previous year. The Company appears to be reinvesting operational gains into long-term assets and financial investments.

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3️⃣ Cash Flow from Financing Activities

Financing movements were relatively moderate:

• Proceeds from Long-Term Borrowings: ₹1,042 lakhs

• Interest Payments: ₹508 lakhs

Net financing impact was limited, and there was no major repayment or fresh large borrowing activity.

Overall financing activities had a marginal impact on total cash flows.

Conclusion – Financing Activities:

The Company maintained a stable financing structure with limited dependence on external borrowings during FY 2025. Lower interest expense compared to FY 2024 also indicates improved debt management.

Overall Assessment

• Strong turnaround in profitability during FY 2025.

• Operating cash flows improved significantly, reflecting healthy core operations.

• Cash outflows were largely due to strategic investments and advances.

• Financing activity remained controlled and stable.

• Overall liquidity declined due to aggressive capital allocation.

Professional Opinion:

HE Puthutotam Estates (1943) Limited has demonstrated significant operational recovery and cash-generating capability in FY 2025. However, substantial deployment of funds into investments and working capital led to a decline in cash reserves. Sustained profitability combined with balanced capital allocation will be crucial to maintaining liquidity strength going forward.