Force Motors Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	-	5,066	4,482	1,404	726	347.2
Cash & Short-Term Investments	5,049	5,066	4,482	1,404	726	347.2
Cash Growth	83.92%	13.03%	219.27%	93.35%	109.10%	-47.71%
Accounts Receivable	-	1,743	1,041	1,968	1,894	1,260
Other Receivables	-	5,819	2,021	2,527	38.3	629.8
Receivables	-	7,565	3,062	4,499	1,933	1,896
Inventory	-	11,838	11,632	8,266	6,371	5,578
Other Current Assets	-	1,336	1,285	1,484	1,239	996.6
Total Current Assets	-	25,804	20,460	15,652	10,269	8,818
Property, Plant & Equipment	-	16,162	15,969	16,429	17,245	13,815
Long-Term Investments	-	1,031	910.3	973.4	1,108	999
Goodwill	-	0.1	0.1	0.1	0.1	0.1
Other Intangible Assets	-	6,335	5,985	5,981	6,056	5,616
Long-Term Deferred Tax Assets	-	-	-	58.5	940.8	576
Other Long-Term Assets	-	2,008	822.8	1,041	990.7	2,551
Total Assets	-	51,340	44,147	40,134	36,610	32,375
Accounts Payable	-	7,836	8,543	7,450	5,169	4,401
Accrued Expenses	-	3,238	2,678	1,763	1,500	1,768
Short-Term Debt	-	-	-	950	2,100	300
Current Portion of Long-Term Debt	-	160.9	1,427	2,648	2,583	1,186
Current Income Taxes Payable	-	-	-	382.7	-	-
Current Unearned Revenue	-	5,627	3,298	1,520	838.1	613.3
Other Current Liabilities	-	389.9	412.9	380.2	636.1	467.3
Total Current Liabilities	-	17,252	16,360	15,094	12,826	8,736
Long-Term Debt	-	13.4	3,818	5,950	6,006	4,938
Pension & Post-Retirement Benefits	-	399.5	316.7	280.3	265.3	292.3
Long-Term Deferred Tax Liabilities	-	3,249	1,032	-	-	-
Other Long-Term Liabilities	-	68	48	38.8	14	11.6
Total Liabilities	-	20,982	21,573	21,363	19,111	13,978
Common Stock	-	131.8	131.8	131.8	131.8	131.8
Additional Paid-In Capital	-	592	592	592	592	592
Retained Earnings	-	29,196	21,481	17,746	16,520	17,465
Comprehensive Income & Other	-	414.9	346.8	280.5	235.4	189.9
Total Common Equity	35,063	30,334	22,551	18,750	17,479	18,378
Minority Interest	-	23.3	22.1	20.9	19.9	19
Shareholders' Equity	35,087	30,358	22,574	18,771	17,499	18,397
Total Liabilities & Equity	-	51,340	44,147	40,134	36,610	32,375
Total Debt	-	174.3	5,245	9,548	10,688	6,424
Net Cash (Debt)	5,049	4,891	-763.4	-8,144	-9,962	-6,077
Net Cash Growth	1014.26%	-	-	-	-	-
Net Cash Per Share	383.17	371.21	-57.94	-618.07	-756.07	-461.21
Filing Date Shares Outstanding	13.18	13.18	13.18	13.18	13.18	13.18
Total Common Shares Outstanding	13.18	13.18	13.18	13.18	13.18	13.18
Working Capital	-	8,551	4,100	557.7	-2,557	81.9
Book Value Per Share	2661.10	2302.19	1711.52	1423.04	1326.53	1394.80
Tangible Book Value	28,476	24,000	16,566	12,770	11,422	12,762
Tangible Book Value Per Share	2161.20	1821.43	1257.28	969.13	866.89	968.57
Land	-	342.1	342.1	342.1	342.1	342.1
Buildings	-	3,523	3,485	3,444	3,345	3,191
Machinery	-	33,046	31,873	30,364	28,445	21,652
Construction In Progress	-	925.4	257.9	386.6	1,557	3,687

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.