Larsen & Toubro Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep '26 Sep 30, 2026	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	224,338	153,912	121,870	119,585	169,267	137,702
Short-Term Investments	750,010	612,234	484,070	366,738	375,106	322,618
Cash & Short-Term Investments	974,348	766,147	605,940	486,323	544,373	460,320
Cash Growth	54.36%	26.44%	24.60%	-10.66%	18.26%	2.29%
Accounts Receivable	577,190	1,369,396	1,172,381	1,108,214	1,019,527	995,465
Other Receivables	-	14,553	15,967	28,023	17,742	8,713
Receivables	581,391	1,390,293	1,192,516	1,137,303	1,039,781	1,006,982
Inventory	115,518	95,309	76,706	66,202	68,288	59,433
Finance Div. Loans and Leases	481,650	428,255	360,775	348,146	404,606	422,692
Restricted Cash	-	9,037	8,592	6,050	7,901	10,166
Other Current Assets	1,251,115	494,072	208,889	141,863	157,096	122,438
Total Current Assets	3,404,022	3,183,113	2,453,417	2,185,886	2,222,043	2,082,031
Property, Plant & Equipment	235,256	224,731	193,884	184,841	164,232	137,378
Long-Term Investments	77,525	110,446	116,701	111,687	102,742	104,276
Goodwill	84,859	84,815	83,485	78,009	77,987	76,852
Other Intangible Assets	20,386	21,028	172,483	175,317	181,241	188,077
Finance Div. Loans and Leases Long-Term	840,089	749,957	628,474	521,548	409,209	467,368
Long-Term Deferred Tax Assets	43,249	42,528	37,929	38,637	39,848	28,401
Long-Term Deferred Charges	-	1.4	2.9	7.5	3.7	8.6
Other Long-Term Assets	141,625	103,011	105,376	100,673	102,657	113,435
Total Assets	4,847,273	4,525,499	3,795,241	3,401,360	3,303,523	3,200,672

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep '26 Sep 30, 2026	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
Accounts Payable	713,242	694,556	524,593	532,929	497,841	513,656
Accrued Expenses	-	55,222	33,119	21,172	21,247	20,387
Short-Term Debt	375,109	347,785	358,613	278,343	308,963	304,770
Current Portion of Long-Term Debt	287,815	231,659	361,947	296,985	263,994	313,730
Current Portion of Leases	8,710	10,465	5,843	5,477	4,908	4,065
Current Income Taxes Payable	38,135	31,215	25,792	18,605	13,935	13,098
Current Unearned Revenue	-	772,489	576,114	473,736	387,958	307,816
Other Current Liabilities	1,332,792	401,584	133,687	143,849	121,815	116,884
Total Current Liabilities	2,755,802	2,544,975	2,019,709	1,771,095	1,620,660	1,594,406
Long-Term Debt	699,347	637,386	575,033	565,070	612,177	616,183
Long-Term Leases	32,024	27,671	22,652	17,348	16,463	16,333
Long-Term Unearned Revenue	-	167.8	5,752	5,850	646.4	-
Pension & Post-Retirement Benefits	-	8,283	8,135	7,417	6,953	6,995
Long-Term Deferred Tax Liabilities	1,728	1,671	4,100	5,336	6,304	10,393
Other Long-Term Liabilities	25,818	20,041	5,823	3,748	4,647	2,625
Total Liabilities	3,514,719	3,240,194	2,641,204	2,375,863	2,267,851	2,246,935

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep '26 Sep 30, 2026	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
Common Stock	2,752	2,751	2,750	2,749	2,811	2,810
Additional Paid-In Capital	-	2,201	1,384	505.6	87,702	87,187
Retained Earnings	-	1,061,570	947,394	837,213	782,955	708,504
Comprehensive Income & Other	1,127,537	26,377	25,028	23,125	19,791	25,575
Total Common Equity	1,130,289	1,092,898	976,556	863,592	893,260	824,077
Minority Interest	202,266	192,407	177,481	161,904	142,413	129,661
Shareholders' Equity	1,332,554	1,285,305	1,154,037	1,025,497	1,035,672	953,737
Total Liabilities & Equity	4,847,273	4,525,499	3,795,241	3,401,360	3,303,523	3,200,672

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep '26 Sep 30, 2026	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
Total Debt	1,403,004	1,254,966	1,324,089	1,163,222	1,206,504	1,255,081
Net Cash (Debt)	-428,657	-488,819	-718,149	-676,900	-662,131	-794,761
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-311.47	-355.21	-521.90	-486.61	-470.79	-565.15
Filing Date Shares Outstanding	1,376	1,376	1,375	1,375	1,405	1,405
Total Common Shares Outstanding	1,376	1,376	1,375	1,375	1,405	1,405
Working Capital	648,219	638,138	433,708	414,791	601,383	487,625
Book Value Per Share	821.52	794.47	710.12	628.22	635.55	586.52
Tangible Book Value	1,025,044	987,055	720,588	610,266	634,032	559,148
Tangible Book Value Per Share	745.02	717.53	523.99	443.94	451.11	397.96
Land	-	11,433	10,234	9,999	10,009	9,895
Buildings	-	68,832	64,632	57,190	44,082	42,792
Machinery	-	223,744	194,503	173,327	150,730	130,027
Construction In Progress	-	30,363	23,909	28,970	29,491	11,703
Leasehold Improvements	-	7,170	6,315	5,420	4,695	4,191
Order Backlog	-	7,403,270	5,791,370	4,758,090	3,970,330	3,575,950