Bharat Heavy Electricals 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	-	4,392	18,350	15,613	7,326	15,272
Short-Term Investments	-	66,181	37,397	48,523	62,111	51,600
Cash & Short-Term Investments	81,541	70,573	55,747	64,137	69,437	66,872
Cash Growth	59.74%	26.60%	-13.08%	-7.63%	3.84%	4.44%
Accounts Receivable	-	216,629	182,372	129,883	117,164	115,296
Other Receivables	-	28,142	22,062	18,728	16,778	17,094
Receivables	-	244,771	204,434	148,611	133,942	132,390
Inventory	-	98,695	72,206	67,559	65,602	71,945
Restricted Cash	-	112.6	129.1	163.2	54.9	96
Other Current Assets	-	13,446	12,906	10,475	9,584	12,131
Total Current Assets	-	427,598	345,421	290,945	278,620	283,434
Property, Plant & Equipment	-	30,242	27,930	27,533	27,587	28,322
Long-Term Investments	-	2,756	2,557	2,354	2,101	1,981
Other Intangible Assets	-	1,180	893.9	765	707.8	785.1
Long-Term Accounts Receivable	-	167,122	165,204	200,219	214,521	197,647
Long-Term Deferred Tax Assets	-	40,677	42,013	42,465	35,301	36,712
Other Long-Term Assets	-	11,258	6,001	4,918	3,601	3,522
Total Assets	-	680,832	590,019	569,200	562,438	552,402
Accounts Payable	-	95,409	85,394	98,958	77,496	66,808
Accrued Expenses	-	22,593	25,984	26,907	20,698	15,946
Short-Term Debt	-	87,950	88,080	53,850	47,450	48,493
Current Portion of Leases	-	572.1	249.1	347.6	498.1	482
Current Unearned Revenue	-	55,559	30,735	30,540	38,604	40,643
Other Current Liabilities	-	20,173	22,030	24,193	28,965	31,200
Total Current Liabilities	-	282,256	252,472	234,796	213,712	203,572
Long-Term Leases	-	1,624	235.5	337.5	351.2	534.1
Long-Term Unearned Revenue	-	97,939	41,028	26,058	22,127	28,315
Pension & Post-Retirement Benefits	-	10,285	9,035	8,784	8,568	10,982
Other Long-Term Liabilities	-	41,507	42,862	55,443	52,614	49,279
Total Liabilities	-	433,610	345,633	325,418	297,372	292,682
Common Stock	-	6,964	6,964	6,964	6,964	6,964
Retained Earnings	-	245,334	240,865	239,436	260,552	256,092
Comprehensive Income & Other	-	-5,076	-3,443	-2,617	-2,450	-3,219
Total Common Equity	244,000	247,222	244,387	243,783	265,066	259,837
Minority Interest	-	-	-	-	-	-116.6
Shareholders' Equity	244,000	247,222	244,387	243,783	265,066	259,720
Total Liabilities & Equity	-	680,832	590,019	569,200	562,438	552,402
Total Debt	109,693	90,146	88,565	54,535	48,299	49,509
Net Cash (Debt)	-28,152	-19,573	-32,818	9,602	21,138	17,363
Net Cash Growth	-	-	-	-54.58%	21.74%	31.25%
Net Cash Per Share	-8.45	-5.62	-9.42	2.76	6.07	4.99
Filing Date Shares Outstanding	3,486	3,482	3,482	3,482	3,482	3,482
Total Common Shares Outstanding	3,486	3,482	3,482	3,482	3,482	3,482
Working Capital	-	145,342	92,949	56,150	64,908	79,862
Book Value Per Share	70.29	71.00	70.18	70.01	76.12	74.62
Tangible Book Value	242,571	246,042	243,493	243,018	264,358	259,052
Tangible Book Value Per Share	69.88	70.66	69.93	69.79	75.92	74.40
Land	-	277.3	277.3	277.3	277.1	280.2
Buildings	-	21,303	19,789	18,241	17,437	17,100
Machinery	-	46,228	44,096	42,531	40,516	39,091
Construction In Progress	-	1,617	2,823	3,446	4,223	4,032
Order Backlog	-	1,963,280	1,315,980	913,360	900,840	1,020,900

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