ZR Infra Annual Reports, Balance Sheet and Financials

ZR Infra Limited Standalone Balance Sheet (Amount in Rs.)

Particulars	31-03-2024	31-03-2023
Non-current assets
Property, plant and equipment	7,21,111	7,99,572
Loans	66,00,000	66,00,000
Other non current financial assets	1,43,653	1,43,653
Current assets
Inventories	36,41,24,662	51,51,40,512
Cash and cash equivalents	68,95,649	40,70,695
Other current assets	8,39,65,314	10,14,25,530
Total assets	46,24,50,389	62,81,79,963
Equity
Equity share capital	11,59,10,000	11,59,10,000
Other equity	-3,67,55,540	3,85,30,004
Non-current liabilities
Borrowings	32,24,89,863	49,04,91,683
Current liabilities
Trade payables	4,88,83,592	4,80,35,917
Provisions	1,04,77,195	1,05,52,761
Current Tax Liability (Net)	14,45,279	17,19,605
Total equity and liabilities	46,24,50,389	62,81,79,962

ZR Infra Limited Standalone Profit & Loss Statement (Amount in Rs.)

Particulars	31-03-2024	31-03-2023
Revenue from Operation	16,05,63,750	1,61,58,364
Other Income	31,12,980	87,467
Total Income	16,36,76,730	1,62,45,831
Expenses
Changes in inventories	15,10,15,850	27,93,220
Construction cost	54,91,648	85,64,963
Employee Benefits Expenses and payment to contractors	9,64,506	8,02,000
Depreciation and Amortization Expenses	78,459	78,459
Other Expenses	37,51,803	35,63,409
Total Expenses	16,13,02,266	1,58,02,051
Profit Before Tax	23,74,464	4,43,780
Current Tax	6,00,000	1,00,000
Profit for the Year	17,74,464	3,43,780
Earnings per Equity Share
Basic	0.15	0.03
Diluted	0.03	0.03

ZR Infra Limited Standalone Cash Flow Statement (Amount in Rs.) 

Particulars	31-03-2024	31-03-2023
Cash Flow From Operating Activities
Net profit before tax and exceptional items	23,74,464	4,43,780
Adjustments:
Depreciation and amortization expense	78,459	78,459
Operating profit before working capital changes	24,52,923	5,22,239
Adjustments:
Inventories	15,10,15,850	27,93,220
Other current assets	1,74,60,216	-1,34,47,290
Short term provisions	-75,566	1,81,48,961
Trade payables	8,47,675	2,52,74,664
Other short term liabilities	-2,74,326	3,93,870
Cash generated from Operating Activities	17,14,26,772	3,36,85,664
Direct Taxes Paid (Net of Refund)	6,00,000	1,00,000
Net cash flows from operating activities	17,08,26,772	3,35,85,664
Cash Flows From Financing Activities
Proceeds/(Repayment) from long term borrowings	-16,80,01,820	-5,75,28,330
Net Cash Generated From Financing Activities	-16,80,01,820	-5,75,28,330
Increase in cash and cash equivalents	28,24,952	-2,39,42,666
Cash and cash equivalents as at the beginning of year	40,70,695	2,80,13,361
Cash and cash equivalents as at end of the year	68,95,647	40,70,695

Here is a summary of the Cash Flow Statement for the years 2024 and 2023:

Operating Activities:

ZR Infra reported a strong operating cash inflow of ₹17.08 crore in FY 2024, up from ₹3.36 crore in FY 2023. Despite a massive increase in inventories (₹151 crore) and current assets, the rise in net profit (₹23.74 crore) and adjustments helped maintain healthy operational cash flow. Low tax payments further supported liquidity.

Financing Activities:

Under financing activities, the company reported a large outflow of ₹168 crore in FY 2024, mainly due to repayment of long-term borrowings. This is a substantial increase from ₹57.5 crore outflow in FY 2023. The data indicates that the company may be aggressively working on reducing its debt burden, which, although beneficial in the long run, puts pressure on short-term liquidity.

Net Cash Position:

Despite the heavy financing outflows, ZR Infra managed to close the year with a net cash increase of ₹28.25 lakh, a reversal from the net decrease of ₹2.39 crore in the previous year. The closing cash balance rose to ₹68.96 lakh from ₹40.71 lakh. The improvement suggests that the company 's strong operating inflows successfully offset the financing repayments and preserved liquidity.

Financial Ratios of ZR Infra Limited

Particulars	2024	2023
Current ratio	7.48	10.29
Debt-equity ratio	2.78	4.23
Return on equity ratio	0.15	0.03
Debt to asset ratio	0.69	0.78

Here is a summary of the financial and operational metrics for Jardine Henderson Limited for the year 2025 and 2024:

Current Ratio

The current ratio has declined from 10.29 to 7.48, but remains very high, indicating the company has ample short-term assets to cover its current liabilities. While high liquidity is positive, such a high ratio may suggest underutilized current assets or idle cash, which could be deployed more efficiently.

Debt-Equity Ratio

This ratio has improved (declined), indicating that the company is reducing reliance on debt financing and moving towards a more balanced capital structure. However, a debt-equity ratio of 2.78 still reflects significant financial leverage and suggests a moderate to high level of risk from creditors’ perspective.

Return on Equity

ROE has improved significantly, suggesting better profitability in generating returns on shareholders’ equity. This rise reflects enhanced efficiency in using equity capital to generate profits, though the absolute ROE level still leaves room for growth.

Debt to Asset Ratio

A lower ratio in 2024 indicates that a smaller portion of the company 's assets is financed by debt, suggesting improved financial stability. The decrease reflects progress in deleveraging and better asset management, though a ratio close to 0.7 still means a substantial dependence on debt.