Larsen & Toubro 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	208,477	121,870	119,585	169,267	137,702
Short-Term Investments	595,249	484,070	366,738	375,106	322,618
Cash & Short-Term Investments	803,725	605,940	486,323	544,373	460,320
Cash Growth	32.64%	24.60%	-10.66%	18.26%	2.29%
Accounts Receivable	604,613	1,172,381	1,108,214	1,019,527	995,465
Other Receivables	-	15,967	28,023	17,742	8,713
Receivables	610,957	1,192,516	1,137,303	1,039,781	1,006,982
Inventory	95,309	76,706	66,202	68,288	59,433
Finance Div. Loans and Leases	428,255	360,775	348,146	404,606	422,692
Restricted Cash	-	8,592	6,050	7,901	10,166
Other Current Assets	1,244,867	208,889	141,863	157,096	122,438
Total Current Assets	3,183,113	2,453,417	2,185,886	2,222,043	2,082,031
Property, Plant & Equipment	224,731	193,884	184,841	164,232	137,378
Long-Term Investments	88,519	116,701	111,687	102,742	104,276
Goodwill	84,815	83,485	78,009	77,987	76,852
Other Intangible Assets	21,029	172,483	175,317	181,241	188,077
Finance Div. Loans and Leases Long-Term	749,957	628,474	521,548	409,209	467,368
Long-Term Deferred Tax Assets	42,528	37,929	38,637	39,848	28,401
Long-Term Deferred Charges	-	2.9	7.5	3.7	8.6
Other Long-Term Assets	124,938	105,376	100,673	102,657	113,435
Total Assets	4,525,499	3,795,241	3,401,360	3,303,523	3,200,672
Accounts Payable	694,556	524,593	532,929	497,841	513,656
Accrued Expenses	-	26,150	21,172	21,247	20,387
Short-Term Debt	347,785	358,613	278,343	308,963	304,770
Current Portion of Long-Term Debt	231,659	361,947	296,985	263,994	313,730
Current Portion of Leases	10,465	5,843	5,477	4,908	4,065
Current Income Taxes Payable	31,215	25,792	18,605	13,935	13,098
Current Unearned Revenue	-	576,134	473,736	387,958	307,816
Other Current Liabilities	1,229,295	140,636	143,849	121,815	116,884
Total Current Liabilities	2,544,975	2,019,709	1,771,095	1,620,660	1,594,406
Long-Term Debt	637,386	575,033	565,070	612,177	616,183
Long-Term Leases	27,671	22,652	17,348	16,463	16,333
Long-Term Unearned Revenue	-	5,752	5,850	646.4	-
Pension & Post-Retirement Benefits	-	8,135	7,417	6,953	6,995
Long-Term Deferred Tax Liabilities	1,671	4,100	5,336	6,304	10,393
Other Long-Term Liabilities	28,492	5,823	3,748	4,647	2,625
Total Liabilities	3,240,194	2,641,204	2,375,863	2,267,851	2,246,935
Common Stock	2,751	2,750	2,749	2,811	2,810
Additional Paid-In Capital	-	1,384	505.6	87,702	87,187
Retained Earnings	-	947,394	837,213	782,955	708,504
Comprehensive Income & Other	1,090,147	25,028	23,125	19,791	25,575
Total Common Equity	1,092,898	976,556	863,592	893,260	824,077
Minority Interest	192,407	177,481	161,904	142,413	129,661
Shareholders' Equity	1,285,305	1,154,037	1,025,497	1,035,672	953,737
Total Liabilities & Equity	4,525,499	3,795,241	3,401,360	3,303,523	3,200,672
Total Debt	1,254,966	1,324,089	1,163,222	1,206,504	1,255,081
Net Cash (Debt)	-451,241	-718,149	-676,900	-662,131	-794,761
Net Cash Per Share	-327.91	-521.90	-486.61	-470.79	-565.15
Filing Date Shares Outstanding	1,376	1,375	1,375	1,405	1,405
Total Common Shares Outstanding	1,376	1,375	1,375	1,405	1,405
Working Capital	638,138	433,708	414,791	601,383	487,625
Book Value Per Share	794.24	710.12	628.22	635.55	586.52
Tangible Book Value	987,054	720,588	610,266	634,032	559,148
Tangible Book Value Per Share	717.32	523.99	443.94	451.11	397.96
Land	-	10,234	9,999	10,009	9,895
Buildings	-	64,632	57,190	44,082	42,792
Machinery	-	194,503	173,327	150,730	130,027
Construction In Progress	-	23,909	28,970	29,491	11,703
Leasehold Improvements	-	6,315	5,420	4,695	4,191
Order Backlog	-	5,791,370	4,758,090	3,970,330	3,575,950

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