Force Motors Balance Sheet

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	8,316	5,066	4,482	1,404	726
Cash & Short-Term Investments	8,316	5,066	4,482	1,404	726
Cash Growth	64.17%	13.03%	219.27%	93.35%	109.10%
Accounts Receivable	1,912	1,743	1,041	1,968	1,894
Other Receivables	-	5,819	2,021	2,527	38.3
Receivables	1,917	7,565	3,062	4,499	1,933
Inventory	12,580	11,838	11,632	8,266	6,371
Other Current Assets	15,504	1,336	1,285	1,484	1,239
Total Current Assets	38,316	25,804	20,460	15,652	10,269
Property, Plant & Equipment	17,092	16,162	15,969	16,429	17,245
Long-Term Investments	983.4	1,031	910.3	973.4	1,108
Goodwill	0.1	0.1	0.1	0.1	0.1
Other Intangible Assets	7,354	6,335	5,985	5,981	6,056
Long-Term Deferred Tax Assets	-	-	-	58.5	940.8
Other Long-Term Assets	1,631	2,008	822.8	1,041	990.7
Total Assets	65,376	51,340	44,147	40,134	36,610
Accounts Payable	10,403	7,836	8,543	7,450	5,169
Accrued Expenses	-	3,238	2,678	1,763	1,500
Short-Term Debt	-	-	-	950	2,100
Current Portion of Long-Term Debt	-	160.9	1,427	2,648	2,583
Current Income Taxes Payable	-	-	-	382.7	-
Current Unearned Revenue	-	5,627	3,298	1,520	838.1
Other Current Liabilities	10,039	389.9	412.9	380.2	636.1
Total Current Liabilities	20,442	17,252	16,360	15,094	12,826
Long-Term Debt	-	13.4	3,818	5,950	6,006
Pension & Post-Retirement Benefits	-	399.5	316.7	280.3	265.3
Long-Term Deferred Tax Liabilities	2,276	3,249	1,032	-	-
Other Long-Term Liabilities	689	68	48	38.8	14
Total Liabilities	23,407	20,982	21,573	21,363	19,111
Common Stock	131.8	131.8	131.8	131.8	131.8
Additional Paid-In Capital	-	592	592	592	592
Retained Earnings	-	29,196	21,481	17,746	16,520
Comprehensive Income & Other	41,812	414.9	346.8	280.5	235.4
Total Common Equity	41,944	30,334	22,551	18,750	17,479
Minority Interest	24.6	23.3	22.1	20.9	19.9
Shareholders' Equity	41,968	30,358	22,574	18,771	17,499
Total Liabilities & Equity	65,376	51,340	44,147	40,134	36,610
Total Debt	-	174.3	5,245	9,548	10,688
Net Cash (Debt)	8,316	4,891	-763.4	-8,144	-9,962
Net Cash Growth	70.02%	-	-	-	-
Net Cash Per Share	631.13	371.21	-57.94	-618.07	-756.07
Filing Date Shares Outstanding	13.18	13.18	13.18	13.18	13.18
Total Common Shares Outstanding	13.18	13.18	13.18	13.18	13.18
Working Capital	17,874	8,551	4,100	557.7	-2,557
Book Value Per Share	3183.26	2302.19	1711.52	1423.04	1326.53
Tangible Book Value	34,590	24,000	16,566	12,770	11,422
Tangible Book Value Per Share	2625.17	1821.43	1257.28	969.13	866.89
Land	-	342.1	342.1	342.1	342.1
Buildings	-	3,523	3,485	3,444	3,345
Machinery	-	33,046	31,873	30,364	28,445
Construction In Progress	-	925.4	257.9	386.6	1,557

Source: S&P Global Market Intelligence. Standard template. Financial Sources.