CICreditIQ
ER
Aurora Foods Ltd
PAN AACCA••••P|GSTIN 27AACCA••••P1ZR|CAM-2026-0402
AnalystElena Rossi
Relationship managerPriya Nair

Appraisal CAM-2026-0402 · Spread

Financial spread

Three audited years normalised into the bank's own format, with the CCB policy ratios computed on top. Every figure carries the document, page and line it was lifted from.

Period

Year ended 31 March 2025 · Audited, emphasis of matter on related-party balances · Kelkar & Bhide, Chartered Accountants

GST-declared turnover and bank credits do not agree with the declared financials

FY2025 turnover in the audited statement is 142.31 cr. GSTR-3B outward supplies for the same period total 147.77 cr, a gap of 5.46 cr. Credits into the two consented accounts total 136.85 cr. Nothing is resolved here — the spread carries the audited figure and the reconciliation is raised at cross-verification.

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Profit and loss

INR crore · as reported, normalised to the CCB spread format

Line itemFY2023FY2024FY2025
Turnover (revenue from operations)
Other income
Gross profit
EBITDA
Depreciation and amortisation
Finance costs
Profit before tax
Profit after tax

Every figure is clickable — the marker opens the exact page and line it was lifted from.

Balance sheet

INR crore · as at 31 March of each year

Line itemFY2023FY2024FY2025
Tangible net worth
Total debt
Total outside liabilities
Current assets
Current liabilities
Inventory
Trade receivables
Trade payables
Current liabilities FY2025 (32.70 cr) was extracted with low confidence — please confirm against page 12 of the audited statement before the spread is locked.

Every figure is clickable — the marker opens the exact page and line it was lifted from.

Ratios against CCB policy

Computed on FY2025 figures · thresholds from the credit policy manual, effective 01 April 2026

Turnover growth of 19.8% in FY2025

Three-year CAGR of 21.5%, from 96.42 cr to 142.31 cr, driven by the tier-1 OEM order book. EBITDA has grown with it in absolute terms, from 11.18 cr to 15.58 cr.

Working-capital cycle lengthened by 16 days over the same period

Inventory days rose from 51 to 62 and receivable days from 66 to 71, while payable days stayed near 46. Growth is being funded on the cash conversion cycle, which is what the enhancement is being asked to cover.

Spread status

Aurora Foods Ltd · PAN AACCA••••P

16

Line items traced

1

Awaiting human check

Periods spread
FY2023 · FY2024 · FY2025
Template
CAM v4.2 manufacturing spread
Status
Draft, not yet confirmed

Source panel

Turnover (revenue from operations) · FY2025

142.31INR crore
Uploaded by Marcus Chen · fallbackHigh confidence

Northwind_Manufacturing_Audited_FS_FY2025.pdf

Page 14 — Statement of Profit and Loss, year ended 31 March 2025

I.   Revenue from operations              1,42,31,08,442
II.  Other income                            1,04,71,900
III. Total income (I + II)                 1,43,35,80,342
IV.  Expenses
       Cost of materials consumed         1,04,86,22,110
       Changes in inventories                (2,41,08,730)
       Employee benefits expense             9,88,41,205
       Finance costs                         4,55,12,880
       Depreciation and amortisation         4,28,06,415
       Other expenses                       12,40,77,516

Ingested 28 July 2026, 16:42 · 4.2 MB · 61 pages

Net of GST, as reported in the audited Statement of Profit and Loss.

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Inline AI action

Test each ratio against its CCB threshold and report the ones inside a 15% band of breaching, with the line item driving the move.