Eyantra Ventures Ltd

Eyantra Ventures Ltd maintains a strong liquidity position with a current ratio of 8.73, indicating significant short-term asset coverage over liabilities. The company holds INR 121.64 million in cash and equivalents, which is 38.7% of total assets, and has minimal long-term debt of INR 8.62 million. This capital structure supports operational flexibility and reduces financial leverage risk [doc:EYAN.BO-2023-annual-report]. Profitability metrics show a return on equity (ROE) of 2.69% and return on assets (ROA) of 2.41%, both below the median for the Miscellaneous Specialty Retailers industry. The company's net income of INR 7.51 million on INR 327.03 million in revenue reflects a net margin of 2.3%, which is 20% below the industry median. Gross margin of 47.5% is in line with the sector average, but operating margin of 12.9% lags by 15% [doc:EYAN.BO-2023-annual-report]. Revenue is concentrated across five segments: Sale of merchandise (45% of revenue), Supply of IT services (30%), Supply of other services (15%), Income from hospital services (7%), and Sale of pharmacy products (3%). Geographic exposure is entirely India-based, with no disclosed international operations. This concentration increases vulnerability to domestic economic shifts [doc:EYAN.BO-2023-annual-report]. Outlook for FY2024 shows revenue growth of 8% year-over-year, driven by expansion in IT services and corporate gifting. Free cash flow of INR 9.47 million indicates positive operating cash generation despite a negative operating cash flow of INR -10.53 million, likely due to working capital adjustments. Capex of INR -1.87 million suggests minimal capital investment [doc:EYAN.BO-2023-annual-report]. Risk assessment identifies low liquidity and dilution risk, with no immediate filing-based flags. The company has no near-term dilution pressure, as shares outstanding remain unchanged between basic and diluted shares. However, the negative operating cash flow raises questions about working capital management [doc:EYAN.BO-2023-annual-report]. Recent filings include the FY2023 annual report disclosing segment performance and IT services growth. No material regulatory or litigation events were reported in the last 12 months. The company's focus on digital transformation through Prismberry Technologies aligns with industry trends in AI-driven solutions [doc:EYAN.BO-2023-annual-report].