Titan Company Limited (BOM: 500114)

Titan Company 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	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	-	4,090	2,320	2,190	1,810	750
Short-Term Investments	-	6,350	7,440	4,370	140	280
Trading Asset Securities	-	16,150	18,560	-	28,050	1,140
Cash & Short-Term Investments	26,590	26,590	28,320	6,560	30,000	2,170
Cash Growth	-6.11%	-6.11%	331.71%	-78.13%	1282.49%	-76.25%
Accounts Receivable	-	12,510	7,190	6,910	4,940	4,430
Other Receivables	-	1,450	440	980	1,280	1,210
Receivables	-	16,770	8,980	12,120	6,980	6,200
Inventory	-	190,510	165,840	136,090	84,080	81,030
Prepaid Expenses	-	1,060	980	730	270	320
Restricted Cash	-	4,650	3,200	2,160	3,000	2,560
Other Current Assets	-	16,500	16,750	16,880	7,640	8,930
Total Current Assets	-	256,080	224,070	174,540	131,970	101,210
Property, Plant & Equipment	-	33,680	27,610	22,600	21,520	22,310
Long-Term Investments	-	6,790	3,510	2,790	190	440
Goodwill	-	1,230	1,230	1,230	1,230	1,230
Other Intangible Assets	-	3,140	2,570	2,450	2,560	2,730
Long-Term Accounts Receivable	-	6,060	4,360	2,510	2,050	1,910
Long-Term Deferred Tax Assets	-	1,870	1,580	1,870	1,050	1,590
Other Long-Term Assets	-	5,930	4,760	3,530	3,520	2,540
Total Assets	-	315,500	270,230	211,940	164,520	135,500
Accounts Payable	-	14,100	12,140	12,940	7,890	5,960
Accrued Expenses	-	5,540	5,550	4,290	3,050	3,580
Short-Term Debt	-	97,020	74,920	59,070	43,660	22,910
Current Portion of Long-Term Debt	-	1,750	20	70	70	110
Current Portion of Leases	-	3,170	2,660	2,210	1,970	1,870
Current Income Taxes Payable	-	620	730	820	800	90
Current Unearned Revenue	-	110	-	1,260	1,330	1,430
Other Current Liabilities	-	42,980	36,620	24,460	18,370	20,330
Total Current Liabilities	-	165,290	132,640	105,120	77,140	56,280
Long-Term Debt	-	33,020	-	20	90	170
Long-Term Leases	-	20,320	16,070	11,380	10,590	10,560
Long-Term Deferred Tax Liabilities	-	30	30	60	80	60
Other Long-Term Liabilities	-	2,490	2,080	1,670	1,270	1,370
Total Liabilities	-	221,570	151,190	118,610	89,500	68,770
Common Stock	-	890	890	890	890	890
Additional Paid-In Capital	-	1,420	1,420	1,410	1,410	1,410
Retained Earnings	-	94,850	116,780	90,940	72,760	66,570
Comprensive Income & Other	-	-3,230	-580	-210	-90	-2,180
Total Common Equity	93,930	93,930	118,510	93,030	74,970	66,690
Minority Interest	-	-	530	300	50	40
Shareholders' Equity	93,930	93,930	119,040	93,330	75,020	66,730
Total Liabilities & Equity	-	315,500	270,230	211,940	164,520	135,500
Total Debt	155,280	155,280	93,670	72,750	56,380	35,620
Net Cash (Debt)	-128,690	-128,690	-65,350	-66,190	-26,380	-33,450
Net Cash Per Share	-145.01	-144.98	-73.61	-74.56	-29.71	-37.68
Filing Date Shares Outstanding	887.1	887.79	887.79	887.79	887.79	887.79
Total Common Shares Outstanding	887.1	887.79	887.79	887.79	887.79	887.79
Working Capital	-	90,790	91,430	69,420	54,830	44,930
Book Value Per Share	105.80	105.80	133.49	104.79	84.45	75.12
Tangible Book Value	89,560	89,560	114,710	89,350	71,180	62,730
Tangible Book Value Per Share	100.88	100.88	129.21	100.64	80.18	70.66
Land	-	1,380	1,160	1,080	850	850
Buildings	-	5,940	4,270	4,220	4,140	4,110
Machinery	-	14,440	15,880	13,820	12,840	12,420
Construction In Progress	-	880	1,330	690	190	110
Leasehold Improvements	-	5,560	540	170	130	70

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