Bharat Heavy Electricals Limited (BOM: 500103)

Bharat Heavy Electricals 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	51,048	18,350	15,613	7,326	15,272	14,029
Short-Term Investments	-	37,397	48,523	62,111	51,600	50,000
Cash & Short-Term Investments	51,048	55,747	64,137	69,437	66,872	64,029
Cash Growth	-7.57%	-13.08%	-7.63%	3.84%	4.44%	-14.58%
Accounts Receivable	64,927	182,372	129,883	117,164	115,296	147,791
Other Receivables	-	22,062	18,728	16,778	17,094	15,872
Receivables	64,927	204,434	148,611	133,942	132,390	163,663
Inventory	81,613	72,206	67,559	65,602	71,945	89,082
Restricted Cash	-	129.1	163.2	54.9	96	105
Other Current Assets	174,051	12,942	10,475	9,584	12,131	10,233
Total Current Assets	371,639	345,457	290,945	278,620	283,434	327,112
Property, Plant & Equipment	27,919	27,930	27,533	27,587	28,322	30,453
Long-Term Investments	2,666	2,557	2,354	2,101	1,981	1,621
Other Intangible Assets	894.7	893.9	765	707.8	785.1	858.7
Long-Term Accounts Receivable	25,527	165,204	200,219	214,521	197,647	206,573
Long-Term Deferred Tax Assets	42,621	42,013	42,465	35,301	36,712	27,659
Other Long-Term Assets	146,659	6,001	4,918	3,601	3,522	3,211
Total Assets	617,925	590,055	569,200	562,438	552,402	597,486
Accounts Payable	87,974	86,962	98,958	77,496	66,808	88,292
Accrued Expenses	-	26,020	26,907	20,698	15,946	18,780
Short-Term Debt	90,647	88,080	53,850	47,450	48,493	49,479
Current Portion of Leases	259.2	249.1	347.6	498.1	482	566.7
Current Unearned Revenue	-	30,735	30,540	38,604	40,643	38,045
Other Current Liabilities	90,773	21,281	24,193	28,965	31,200	30,923
Total Current Liabilities	269,653	253,328	234,796	213,712	203,572	226,085
Long-Term Leases	370.9	235.5	337.5	351.2	534.1	753.7
Long-Term Unearned Revenue	62,076	41,028	26,058	22,127	28,315	29,527
Other Long-Term Liabilities	43,836	42,043	55,443	52,614	49,279	42,843
Total Liabilities	375,935	345,669	325,418	297,372	292,682	310,969
Common Stock	6,964	6,964	6,964	6,964	6,964	6,964
Retained Earnings	-	240,865	239,436	260,552	256,092	283,063
Comprehensive Income & Other	235,026	-3,443	-2,617	-2,450	-3,219	-3,420
Total Common Equity	241,990	244,387	243,783	265,066	259,837	286,607
Minority Interest	-	-	-	-	-116.6	-90.7
Shareholders' Equity	241,990	244,387	243,783	265,066	259,720	286,517
Total Liabilities & Equity	617,925	590,055	569,200	562,438	552,402	597,486
Total Debt	91,277	88,565	54,535	48,299	49,509	50,800
Net Cash (Debt)	-40,229	-32,818	9,602	21,138	17,363	13,229
Net Cash Growth	-	-	-54.58%	21.74%	31.25%	-72.99%
Net Cash Per Share	-11.50	-9.42	2.76	6.07	4.99	3.80
Filing Date Shares Outstanding	3,538	3,482	3,482	3,482	3,482	3,482
Total Common Shares Outstanding	3,538	3,482	3,482	3,482	3,482	3,482
Working Capital	101,986	92,129	56,150	64,908	79,862	101,027
Book Value Per Share	68.39	70.18	70.01	76.12	74.62	82.31
Tangible Book Value	241,095	243,493	243,018	264,358	259,052	285,749
Tangible Book Value Per Share	68.14	69.93	69.79	75.92	74.40	82.06
Land	-	277.3	277.3	277.1	280.2	280.2
Buildings	-	19,789	18,241	17,437	17,100	16,711
Machinery	-	44,096	42,531	40,516	39,091	38,303
Construction In Progress	-	2,823	3,446	4,223	4,032	3,067
Order Backlog	-	1,315,980	913,360	900,840	1,020,900	1,084,430

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