Page 105 - Tata Steel One Report 2024-Eng-Ebook HY

Business Operation and Performance Driving Business Towards Sustainability
Corporate Governance Policy Financial Statements Attachments
Financial Ratios
In FY25, the group reported current ratio at 5.32 times higher than 5.13 times in the previous year and net debt to EBITDA coverage ratio registered 14.44 times increased from 5.74 times in the previous year. The group’s gross profit margin was 2.74%, increased from 1.78% in the previous year, net profit margin was 1.32%, an increase of 0.93% from the previous year’s. The return on equity was 2.60% and return on asset was 2.15% increased 1.84% and 1.52% respectively as compared to the previous year.
Commitments potentially affecting its operation and financial status in the future
As of March 31, 2025, the Company had commitments as follows:
1. Its subsidiary had Letter of Credit (L/C) amounting
to Baht 274 million opened but are not qualified as liabilities.
2. Its subsidiary had obligations under the purchase agreement of machinery and equipment totaling of Baht 85 million.
3. Letter of guarantee issued by the financial institutions to the Revenue Department, Provincial Electricity Authority, Industrial Estate Authority of Thailand and Bureau of Indian Standards amounting to Baht 614 million in the normal courses of business.
Other factors potentially affecting Company’s operation and financial status in the future
Other factors that may affect Company’s operation and financial status in the future are shown as the risk in item “Risks of business”, and item “Notes to the Consolidated and Separate Financial Statements”, No. 5: Financial risk management.
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