Bharat Electronics Limited (BOM: 500049)

Bharat Electronics Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	83,162	12,063	39,457	13,009	30,429	16,206
Short-Term Investments	-	98,434	41,674	62,646	20,324	383.9
Cash & Short-Term Investments	83,162	110,497	81,131	75,655	50,753	16,590
Cash Growth	1.09%	36.20%	7.24%	49.06%	205.92%	84.62%
Accounts Receivable	82,272	128,173	131,319	61,081	65,620	67,240
Other Receivables	-	2,040	719.6	870.5	331.9	335
Receivables	82,284	130,227	132,055	61,966	65,967	67,749
Inventory	93,620	74,469	64,480	55,919	49,680	39,583
Prepaid Expenses	-	414.8	1,144	1,155	1,170	1,065
Other Current Assets	81,143	25,022	21,666	78,243	69,563	62,394
Total Current Assets	340,209	340,630	300,477	272,937	237,133	187,381
Property, Plant & Equipment	34,449	32,449	30,555	29,553	28,830	28,145
Long-Term Investments	7,281	6,822	6,500	15,748	13,079	11,110
Other Intangible Assets	6,961	6,194	7,011	6,762	5,945	7,033
Long-Term Deferred Tax Assets	6,204	5,747	5,037	6,209	4,635	4,987
Long-Term Deferred Charges	-	2,846	4,737	6,960	4,330	3,557
Other Long-Term Assets	2,886	509.3	528.1	863.1	871.3	946.4
Total Assets	398,060	395,267	354,912	339,106	294,897	243,483
Accounts Payable	33,178	37,063	33,304	34,568	35,084	25,907
Accrued Expenses	-	12,950	12,969	8,707	8,831	9,216
Current Portion of Long-Term Debt	-	-	-	-	-	83.3
Current Portion of Leases	19.4	22.6	19.2	11.9	13.5	11.4
Current Income Taxes Payable	-	2.8	-	6.9	-	-
Current Unearned Revenue	82.7	160,320	149,864	145,959	118,766	88,903
Other Current Liabilities	176,878	9,910	9,502	6,558	5,602	4,536
Total Current Liabilities	210,158	220,267	205,658	195,810	168,296	128,657
Long-Term Leases	588.1	602.5	594.2	515.1	11.7	18.3
Long-Term Unearned Revenue	1,177	1,178	1,340	1,484	1,650	1,831
Long-Term Deferred Tax Liabilities	63.4	54.7	28.9	14.5	3.6	-
Other Long-Term Liabilities	9,287	9,720	8,497	7,640	6,634	6,459
Total Liabilities	221,274	231,823	216,118	216,083	184,151	142,626
Common Stock	7,310	7,310	7,310	2,437	2,437	2,437
Retained Earnings	-	161,825	136,599	124,055	110,300	99,545
Comprehensive Income & Other	169,294	-5,870	-5,293	-3,633	-2,141	-1,266
Total Common Equity	176,604	163,265	138,616	122,859	110,596	100,715
Minority Interest	183.1	179.2	177.5	163.4	149.9	141.7
Shareholders' Equity	176,787	163,444	138,794	123,023	110,746	100,857
Total Liabilities & Equity	398,060	395,267	354,912	339,106	294,897	243,483
Total Debt	607.5	625.1	613.4	527	25.2	113
Net Cash (Debt)	82,554	109,872	80,518	75,128	50,728	16,477
Net Cash Growth	1.11%	36.46%	7.18%	48.10%	207.87%	90.42%
Net Cash Per Share	11.29	15.03	11.02	10.28	6.94	2.25
Filing Date Shares Outstanding	7,283	7,310	7,310	7,310	7,310	7,310
Total Common Shares Outstanding	7,283	7,310	7,310	7,310	7,310	7,310
Working Capital	130,051	120,363	94,820	77,127	68,838	58,724
Book Value Per Share	24.25	22.34	18.96	16.81	15.13	13.78
Tangible Book Value	169,643	157,071	131,605	116,097	104,651	93,682
Tangible Book Value Per Share	23.29	21.49	18.00	15.88	14.32	12.82
Land	-	1,436	1,436	1,432	1,371	1,371
Buildings	-	10,831	9,927	8,854	8,283	7,661
Machinery	-	40,669	36,864	32,382	29,580	27,408
Construction In Progress	-	4,564	3,612	4,459	3,975	2,467
Order Backlog	-	759,340	606,900	575,700	534,340	519,730

Source: S&P Capital IQ. Standard template. Financial Sources.