Bemco Hydraulics FY25: Cash Flow, Sales Up 38%

Key update at a glance

Bemco Hydraulics Limited’s FY25 filings and result tables point to a year of stronger operating performance, improving cash generation, and higher consolidated turnover. The company’s 67th Annual Report covers FY25 financials and includes consolidated statements for its subsidiaries, Pegasys Machines Private Limited and Bemco Fluidtechnik LLP.

On the annual numbers disclosed in the report, both standalone and consolidated turnover rose year-on-year, along with an increase in total comprehensive income and profit. Cash flow data also shows a higher operating cash flow in FY25 versus FY24, and a higher year-end cash balance. Separately, quarterly tables indicate sharp swings in total income between the March 2025 and June 2025 quarters.

FY25 annual report and consolidation scope

The company said its 67th Annual Report includes audited statements for the year ended 31 March 2025, incorporating the consolidated financial statements covering the activities of Pegasys Machines Private Limited and Bemco Fluidtechnik LLP.

It also stated that the financial statements for the company and its subsidiary are prepared with comparative data, in compliance with Ind AS. The consolidated figures in the annual report are presented as a combined view of Bemco Hydraulics Limited with its identified subsidiaries.

Standalone FY25: turnover and comprehensive income

On a standalone basis, Bemco Hydraulics reported turnover of Rs 83.48 crore in FY25 (Rs 8,347.71 lakh), compared with Rs 72.36 crore in FY24 (Rs 7,235.79 lakh).

Standalone total comprehensive income for FY25 was disclosed at Rs 8.96 crore (Rs 895.57 lakh), compared with Rs 7.03 crore in FY24 (Rs 702.93 lakh). The annual report presentation highlights that FY25 was stronger than the previous year on both turnover and comprehensive income.

Consolidated FY25: turnover and comprehensive profit

On a consolidated basis, the annual report disclosed turnover of Rs 101.11 crore in FY25 (Rs 10,111.25 lakh), compared with Rs 85.57 crore in FY24 (Rs 8,557.11 lakh).

Consolidated total comprehensive profit for FY25 was reported at Rs 12.29 crore (Rs 1,229.26 lakh), compared with Rs 7.94 crore in FY24 (Rs 793.83 lakh). This reflects a higher consolidated profit base in FY25 versus FY24, as per the company’s own summary of consolidated performance.

Consolidated cash flow: FY25 operating cash rises

The consolidated cash flow table (in Rs crore) shows FY25 strengthening across key cash metrics, with operating cash flow higher than FY24 and a larger cash balance at year-end.

For FY25, net cash flow from operating activities was Rs 13.34 crore, compared with Rs 10.47 crore in FY24. Net cash used in investing activities was -Rs 3.81 crore in FY25 (FY24: -Rs 14.45 crore). Net cash used from financing activities was -Rs 5.57 crore in FY25 (FY24: Rs 6.01 crore).

The net increase or decrease in cash and cash equivalents was Rs 3.95 crore in FY25, compared with Rs 2.03 crore in FY24. Cash and cash equivalents at end of year rose to Rs 6.24 crore in FY25 from Rs 2.29 crore in FY24.

Cash flow table: FY25 versus previous years

Quarterly trend: sharp swing into June 2025

A quarterly table listing June 2025 and March 2025 indicates a large sequential decline in total income after a strong March quarter. Total income was shown at Rs 12.23 crore for Jun 2025, versus Rs 39.14 crore for Mar 2025. The same table reported total expenses of Rs 9.87 crore (Jun 2025) and Rs 31.54 crore (Mar 2025), with EBIT of Rs 2.35 crore (Jun 2025) and Rs 7.60 crore (Mar 2025).

Separately, another disclosed metric stated that consolidated March 2025 net sales were Rs 39.09 crore, up 38.04% year-on-year. The quarterly presentation, taken together, points to an unusually strong March 2025 quarter followed by a significantly smaller June 2025 quarter in terms of income.

Latest quarter metrics: revenue, profit and QoQ changes

The provided quarterly summary also listed additional operational metrics for the latest quarter:

• Revenue at Rs 11.71 crore, down 70.04% QoQ from Rs 39.09 crore, and down 17.77% YoY.
• Operating profit at Rs 0.98 crore, up 60.66% QoQ from Rs 0.61 crore, and up 27.27% YoY.
• PBDT at Rs 0.83 crore, down 61.40% QoQ from Rs 2.15 crore, and down 22.43% YoY.
• Profit before tax at Rs 1.90 crore, down 73.01% QoQ from Rs 7.04 crore, and up 52.00% YoY.
• Net profit at Rs 1.44 crore, down 72.73% QoQ from Rs 5.28 crore, with 193.88% YoY growth as stated in the summary.

These numbers underline the quarter-to-quarter volatility that appears in the income tables, even as annual FY25 turnover and consolidated profit improved versus FY24.

Quarterly P&L snapshot: Mar 2025 versus prior quarters

A separate quarterly table for Bemco Hydraulics Ltd. (Rs crore) showed the following for the Mar’25 quarter: net sales turnover of Rs 33.57 crore, other income of Rs 0.13 crore, total income of Rs 33.70 crore, operating profit of Rs 5.36 crore, EBITDA of Rs 5.49 crore, EBIT of Rs 5.16 crore, EBT of Rs 4.71 crore, and reported PAT of Rs 3.67 crore.

The same table listed prior quarters for comparison, including total income of Rs 18.65 crore in Dec’24, Rs 18.12 crore in Sep’24, and Rs 13.01 crore in Jun’24. This dataset highlights that the March quarter stood out as materially higher than the immediately preceding quarters on income and profit lines.

Balance sheet point: net worth trend through FY25

A balance sheet summary (Rs crore) listed equity capital at Rs 2.19 crore for Mar-2025 and Mar-2024, preference capital at Rs 2.99 crore for Mar-2025 and Mar-2024, and reserves at Rs 66.66 crore (Mar-2025) versus Rs 54.92 crore (Mar-2024). Net worth was shown at Rs 71.84 crore for Mar-2025, compared with Rs 60.10 crore for Mar-2024.

This reported increase in reserves and net worth provides context for the FY25 year, alongside the higher consolidated turnover and the rise in operating cash flow.

Why the FY25 cash flow detail matters

The FY25 cash flow numbers matter because they show improved cash generation from operations, with operating cash flow of Rs 13.34 crore in Mar-2025 versus Rs 10.47 crore in Mar-2024. The table also shows FY23 as a weak year on operating cash flow at -Rs 7.09 crore, which makes the FY24 and FY25 positive operating cash flow more notable in the context of the five-year series.

The investing cash flow line also shifted sharply, with FY24 showing -Rs 14.45 crore versus FY25 at -Rs 3.81 crore, indicating a lower net investing outflow in FY25 compared with the prior year as per the disclosed cash flow statement.

Conclusion

Bemco Hydraulics’ FY25 disclosures show higher standalone and consolidated turnover, higher consolidated total comprehensive profit, and a rise in operating cash flow with a higher year-end cash balance. At the same time, quarterly tables show a strong March 2025 quarter followed by a much lower June 2025 quarter in total income, underlining the importance of tracking quarter-by-quarter variability alongside annual trends.

Future updates to watch will be the next set of quarterly results and any further details in financial documents that explain the drivers behind the sharp sequential changes reported between March 2025 and June 2025.