Bharat Heavy Electricals 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	118,666	4,392	18,350	15,613	7,326
Short-Term Investments	-	66,181	37,397	48,523	62,111
Cash & Short-Term Investments	118,666	70,573	55,747	64,137	69,437
Cash Growth	68.15%	26.60%	-13.08%	-7.63%	3.84%
Accounts Receivable	67,963	216,629	182,372	129,883	117,164
Other Receivables	-	28,142	22,062	18,728	16,778
Receivables	67,963	244,771	204,434	148,611	133,942
Inventory	133,346	98,695	72,206	67,559	65,602
Restricted Cash	-	112.6	129.1	163.2	54.9
Other Current Assets	194,579	13,446	12,906	10,475	9,584
Total Current Assets	514,554	427,598	345,421	290,945	278,620
Property, Plant & Equipment	33,325	30,242	27,930	27,533	27,587
Long-Term Investments	3,021	2,756	2,557	2,354	2,101
Other Intangible Assets	1,606	1,180	893.9	765	707.8
Long-Term Accounts Receivable	24,269	167,122	165,204	200,219	214,521
Long-Term Deferred Tax Assets	35,328	40,677	42,013	42,465	35,301
Other Long-Term Assets	149,754	11,258	6,001	4,918	3,601
Total Assets	761,856	680,832	590,019	569,200	562,438
Accounts Payable	104,916	95,409	85,394	98,958	77,496
Accrued Expenses	-	22,593	25,984	26,907	20,698
Short-Term Debt	79,500	87,950	88,080	53,850	47,450
Current Portion of Leases	687.7	572.1	249.1	347.6	498.1
Current Unearned Revenue	-	55,559	30,735	30,540	38,604
Other Current Liabilities	137,918	20,173	22,030	24,193	28,965
Total Current Liabilities	323,022	282,256	252,472	234,796	213,712
Long-Term Leases	1,682	1,624	235.5	337.5	351.2
Long-Term Unearned Revenue	134,596	97,939	41,028	26,058	22,127
Pension & Post-Retirement Benefits	-	10,285	9,035	8,784	8,568
Other Long-Term Liabilities	41,090	41,507	42,862	55,443	52,614
Total Liabilities	500,390	433,610	345,633	325,418	297,372
Common Stock	6,964	6,964	6,964	6,964	6,964
Retained Earnings	-	245,334	240,865	239,436	260,552
Comprehensive Income & Other	254,502	-5,076	-3,443	-2,617	-2,450
Total Common Equity	261,466	247,222	244,387	243,783	265,066
Shareholders' Equity	261,466	247,222	244,387	243,783	265,066
Total Liabilities & Equity	761,856	680,832	590,019	569,200	562,438
Total Debt	81,870	90,146	88,565	54,535	48,299
Net Cash (Debt)	36,797	-19,573	-32,818	9,602	21,138
Net Cash Growth	-	-	-	-54.58%	21.74%
Net Cash Per Share	10.58	-5.62	-9.42	2.76	6.07
Filing Date Shares Outstanding	3,478	3,482	3,482	3,482	3,482
Total Common Shares Outstanding	3,478	3,482	3,482	3,482	3,482
Working Capital	191,532	145,342	92,949	56,150	64,908
Book Value Per Share	75.17	71.00	70.18	70.01	76.12
Tangible Book Value	259,860	246,042	243,493	243,018	264,358
Tangible Book Value Per Share	74.71	70.66	69.93	69.79	75.92
Land	-	277.3	277.3	277.3	277.1
Buildings	-	21,303	19,789	18,241	17,437
Machinery	-	46,228	44,096	42,531	40,516
Construction In Progress	-	1,617	2,823	3,446	4,223
Order Backlog	-	1,963,280	1,315,980	913,360	900,840

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