| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Ticker Limited |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Non-current assets |
|
|
|
Property,
plant and equipment |
125.66 |
130.29 |
|
Other
intangible assets |
58.47 |
17.96 |
|
Capital
work-in-progress |
- |
51.71 |
|
Investments |
11,152.16 |
5,446.50 |
|
Other
financial assets |
3.33 |
3.33 |
|
Other
non-current assets |
4.54 |
1.42 |
|
Current assets |
|
|
|
Trade
receivables |
- |
30.06 |
|
Cash
and cash equivalents |
223.89 |
280.10 |
|
Bank
Balances |
11.325.96 |
753.65 |
|
Loans |
68.60 |
- |
|
Other
financial assets |
585,01 |
134.74 |
|
Current
tax assets (net) |
39.93 |
94.06 |
|
Other
current assets |
1.064.44 |
856.56 |
|
Total assets |
24,651.99 |
7,800.38 |
|
Equity |
|
|
|
Equity
share capital |
17,492.95 |
12,377.89 |
|
Other
equity |
6,183.10 |
(5,825.92) |
|
Non-Current Liabilities |
|
|
|
Provisions |
112.03 |
153.99 |
|
Current liabilities |
|
|
|
Trade payables |
|
|
|
Due to
others |
595.89 |
796.56 |
|
Other
financial liabilities |
213.61 |
151.95 |
|
Provisions |
7.68 |
20.98 |
|
Other
current liabilities |
46.73 |
124.93 |
|
Total Equity and Liabilities |
24,651.99 |
7,800.38 |
|
Particulars |
31-03-2025 |
31-03-2024 |
|
Revenue
from operations |
1,656.94 |
1,672.78 |
|
Other
income |
1,812.42 |
274.36 |
|
Total Income |
3,469.36 |
1,947.14 |
|
Expenses |
|
|
|
Employee
benefits expense |
3,247.62 |
3,365.27 |
|
Finance
costs |
9.23 |
7.34 |
|
Depreciation
and amortization expenses |
120.88 |
118.40 |
|
Other
expenses |
4,143.50 |
3,584.87 |
|
Total expenses |
7,521.23 |
7,075.88 |
|
Profit/ (Loss) before tax |
-4,051.87 |
-5,128.74 |
|
Deferred
Tax expenses/(income) |
191.33 |
- |
|
Profit/(Loss) for the Year |
-4,243.20 |
-5,128.74 |
|
Other Comprehensive Income |
|
|
|
Items
that will not be reclassified subsequently to profit or loss: |
|
|
|
Remeasurement
of the net defined benefit liability/asset |
9.03 |
-3.82 |
|
Total Comprehensive Income for the year |
-4,234.17 |
-5,132.56 |
|
Earnings per share: |
|
|
|
Basic
and Diluted per share (in ₹) |
-0.29 |
-0.42 |
|
Face
Value Per Share (in ₹) |
1.00 |
1.00 |
|
Particulars |
31-03-2025 |
|
|
31-03-2024 |
|
Cash
Flow from Operating Activities |
|
|
||
|
Profit/(Loss)
before tax |
-4,051.87 |
|
|
-5,128.74 |
|
Adjustments for: |
|
|
|
|
|
Depreciation
and amortisation expense |
120.88 |
|
|
118.40 |
|
(Gain)/Loss
on fair valuation of financial assets at fair value through profit or loss |
-1,338.00 |
|
|
- |
|
Loss on
disposal/write-off of Property, plant and equipment and other Intangible
assets (net) |
- |
|
|
(1.41) |
|
Finance
costs |
9.23 |
|
|
7.34 |
|
Expenses
on employee stock option (ESOP) schemes |
30.61 |
|
|
90.09 |
|
Exchange
rate fluctuations-unrealised (net) |
-6.69 |
|
|
-8.64 |
|
Interest
income |
-474.42 |
|
|
-272.95 |
|
Operating
profit/ (loss) before working capital changes |
-5,710.26 |
|
|
-5,195.92 |
|
Changes
in working capital: |
|
|
|
|
|
Trade
receivables, other financial assets, and other assets |
-408.37 |
|
|
-466.57 |
|
Trade
payables, other financial liabilities, other liabilities, and provision |
-53.32 |
|
|
359.32 |
|
Cash used in operations |
-6,171,75 |
|
|
-5,303.17 |
|
Net
income tax paid |
10.38 |
|
|
-2.08 |
|
Net
cash flow from operating activities |
-6,161.37 |
|
|
-5,305.25 |
|
Cash
Flow from Investing Activities |
|
|
|
|
|
Capital
expenditure on Property, plant and equipment and other Intangible assets
including capital advances |
-68.35 |
|
|
-174.81 |
|
Proceeds
from sale of Property, plant and equipment |
- |
|
|
1.94 |
|
Purchase
of financial assets - others |
- |
|
(250.00) |
|
|
Deposits
placed with others |
-650.00 |
|
|
500.00 |
|
Bank
deposits not considered as Cash and cash equivalents |
-11,113.46 |
|
|
563.70 |
|
Interest
income |
223.40 |
|
|
249.64 |
|
Net
cash flow from investing activities |
-11,608.41 |
|
|
890.47 |
|
Cash
Flow from Financing Activities |
|
|
|
|
|
Proceeds
from issue of shares |
19.370.53 |
|
|
2,360.57 |
|
Money
received on share application pending allotment |
- |
|
|
7.62 |
|
Lease Payment - Principal |
-45.67 |
- |
|
|
|
Lease Payment - Interest |
-0.77 |
- |
|
|
|
Net
cash used in financing activities |
19,324.09 |
|
|
2,368.19 |
|
Net
(decrease) / increase in cash and cash equivalents |
-1,554.31 |
|
|
-2,046.59 |
|
Cash
and cash equivalents (opening balance) |
971.34 |
|
|
3,017.93 |
|
Cash
and cash equivalents (closing balance) |
2,525.65 |
|
|
971.34 |
Summary of
the Cash Flow Statement for the years 2025 and 2024:
Cash Flow from Operating Activities
The company reported
a net
loss before tax of ₹4,051.87 lakhs in FY25, which is slightly
better than the loss of ₹5,128.74 lakhs in FY24. After
adjusting for non-cash items such as depreciation (₹120.88 lakhs), ESOP
expenses (₹30.61 lakhs), finance costs (₹9.23 lakhs), and deducting interest
income (₹474.42 lakhs) and gains from fair valuation of financial assets
(₹1,338.00 lakhs), the operating loss before working capital changes widened to
₹5,710.26
lakhs in FY25 compared to ₹5,195.92 lakhs in FY24.
Working capital
changes further worsened cash flow in FY25, with an outflow of ₹408.37
lakhs from receivables and other assets and a ₹53.32
lakhs reduction in payables, whereas FY24 had a mixed movement.
After considering taxes, the net cash outflow from operations
stood at ₹6,161.37 lakhs in FY25, which is higher than the ₹5,305.25
lakhs outflow in FY24. This indicates continued strain in core
business operations, with higher losses and working capital usage.
Cash Flow from Investing Activities
Investing activities
in FY25 show a large cash outflow of ₹11,608.41 lakhs,
mainly driven by placement of bank deposits (₹11,113.46 lakhs)
and deposits
placed with others (₹650.00 lakhs). Capital expenditure on
property, plant, and equipment was relatively small at ₹68.35 lakhs.
The company earned ₹223.40 lakhs in interest income,
which partly cushioned the outflow.
In contrast, FY24
showed a net
inflow of ₹890.47 lakhs, mainly because of withdrawals
from bank deposits (₹563.70 lakhs) and proceeds from
financial asset adjustments (₹250.00 lakhs inflow). This sharp
reversal highlights a strategic shift in FY25 towards parking large
funds into deposits, likely from financing proceeds.
Cash Flow from Financing Activities
The financing
section shows a huge inflow of ₹19,324.09 lakhs in FY25,
almost eight
times the ₹2,368.19 lakhs raised in FY24. This was primarily
due to fresh
equity infusion (₹19,370.53 lakhs). Lease payments (both
principal and interest) accounted for minor outflows of ₹45.67
lakhs and ₹0.77 lakhs, respectively.
In FY24, inflows
were much smaller and included ₹2,360.57 lakhs from share issuance
and ₹7.62
lakhs as share application money. The significant increase in
FY25 shows that the company relied heavily on equity financing to
fund operations and investments, compensating for negative
operating cash flows.
Net Movement in
Cash and Cash Equivalents
Despite large
operating and investing outflows, the strong equity infusion allowed the
company to end FY25 with a higher cash balance of ₹2,525.65 lakhs,
compared to ₹971.34 lakhs in FY24. However, this improvement is not
from business profitability, but almost entirely due to
financing activities.
|
Particulars |
2025 |
2024 |
|
Current
Ratio |
15.40 |
1.96 |
|
Trade
receivables turnover ratio |
9.33 |
10.49 |
|
Trade
payables turnover ratio |
1.91 |
28.70 |
|
Net
capital turnover ratio |
0.01 |
1.46 |
|
Return
on Investment (ROI) |
6.89% |
5.85% |
Summary of the financial ratios for the year 2025 and 2024:
Current
Ratio
2025:
15.40 | 2024: 1.96
The current ratio jumped sharply in 2025. A ratio of 15.40 means the company
has far more current assets compared to its short-term liabilities. While this
shows very high liquidity, it may also suggest that funds are lying idle
instead of being used efficiently for growth. In 2024, the ratio was more
balanced at 1.96.
Trade
Receivables Turnover Ratio
2025:
9.33 | 2024: 10.49
This ratio fell slightly in 2025, indicating that receivables are being
collected a bit slower compared to 2024. Although still strong, the drop
suggests a slight delay
in customer payments.
Trade
Payables Turnover Ratio
2025:
1.91 | 2024: 28.70
The ratio declined significantly, which means the company is now taking much
longer to pay its suppliers. In 2024, the ratio was extremely high, indicating
very fast payments. The fall in 2025 suggests the company is stretching its
payables, possibly to manage cash better.
Net Capital Turnover Ratio
2025:
0.01 | 2024: 1.46
This ratio dropped heavily in 2025, showing that the company is not efficiently using its working
capital to generate sales. A very low ratio of 0.01 signals
poor utilization of resources, compared to a much healthier 1.46 in 2024.
Return
on Investment
2025:
6.89% | 2024: 5.85%
ROI improved in 2025, meaning the company earned better returns on its
investments compared to last year. This is a positive sign of improved profitability
from investments.
