Mahindra & Mahindra Limited (BOM:500520)

Mahindra & Mahindra Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	206,148	45,301	34,934	34,876	33,746
Short-Term Investments	219,475	121,181	121,249	101,633	125,986
Trading Asset Securities	-	95,752	108,399	90,417	74,591
Cash & Short-Term Investments	425,623	262,234	264,582	226,926	234,323
Cash Growth	62.31%	-0.89%	16.59%	-3.16%	58.85%
Accounts Receivable	82,797	76,874	71,989	65,238	60,948
Other Receivables	-	13,427	8,785	8,117	6,924
Receivables	529,245	480,902	427,621	365,778	358,674
Inventory	203,309	185,905	168,550	115,958	96,154
Restricted Cash	-	387.6	442.4	317.6	335.9
Other Current Assets	107,556	53,229	52,059	42,501	31,892
Total Current Assets	1,265,733	982,656	913,254	751,480	721,379
Property, Plant & Equipment	294,874	248,699	215,740	249,384	220,893
Long-Term Investments	193,611	241,045	230,185	203,181	188,859
Goodwill	23,739	24,484	25,489	13,404	13,049
Other Intangible Assets	110,727	51,036	32,214	40,846	38,350
Long-Term Accounts Receivable	2,565	2,872	2,896	3,138	3,750
Long-Term Deferred Tax Assets	15,731	15,790	16,155	17,243	17,173
Long-Term Deferred Charges	-	44,922	44,742	30,283	26,769
Other Long-Term Assets	72,809	73,666	50,516	43,676	50,277
Total Assets	2,775,863	2,363,007	2,058,918	1,741,128	1,664,625
Accounts Payable	308,553	256,656	238,357	190,366	155,058
Accrued Expenses	-	55,800	53,007	45,183	42,212
Short-Term Debt	-	109,296	90,722	53,696	46,466
Current Portion of Long-Term Debt	414,658	245,752	248,088	207,661	206,550
Current Portion of Leases	6,062	6,084	5,973	5,055	5,383
Current Income Taxes Payable	7,197	5,425	6,160	3,920	4,388
Current Unearned Revenue	-	36,615	27,486	23,226	19,611
Other Current Liabilities	166,751	39,828	36,001	33,777	34,793
Total Current Liabilities	903,220	755,457	705,794	562,883	514,460
Long-Term Debt	837,825	700,758	555,587	487,686	529,203
Long-Term Leases	31,701	28,139	28,825	24,326	21,282
Long-Term Unearned Revenue	61,918	59,465	55,253	52,499	47,660
Long-Term Deferred Tax Liabilities	19,121	17,721	16,086	17,861	14,942
Other Long-Term Liabilities	31,098	16,720	14,618	17,402	18,681
Total Liabilities	1,884,883	1,587,914	1,388,097	1,172,875	1,158,103
Common Stock	5,582	5,574	5,568	5,561	5,552
Additional Paid-In Capital	-	28,249	27,455	26,495	25,351
Retained Earnings	-	625,797	528,615	436,333	380,062
Comprehensive Income & Other	764,807	2,286	2,020	2,838	4,855
Total Common Equity	770,389	661,906	563,658	471,226	415,819
Minority Interest	120,591	113,188	107,163	97,026	90,703
Shareholders' Equity	890,980	775,093	670,821	568,253	506,522
Total Liabilities & Equity	2,775,863	2,363,007	2,058,918	1,741,128	1,664,625
Total Debt	1,290,246	1,090,029	929,196	778,424	808,884
Net Cash (Debt)	-864,623	-827,795	-664,614	-551,498	-574,561
Net Cash Per Share	-769.45	-739.92	-594.83	-494.38	-515.59
Filing Date Shares Outstanding	1,116	1,115	1,114	1,112	1,110
Total Common Shares Outstanding	1,116	1,115	1,114	1,112	1,110
Working Capital	362,513	227,200	207,460	188,597	206,919
Book Value Per Share	690.16	593.76	506.14	423.71	374.51
Tangible Book Value	635,922	586,386	505,955	416,976	364,420
Tangible Book Value Per Share	569.70	526.01	454.32	374.93	328.22
Land	-	13,071	12,422	11,683	10,282
Buildings	-	71,258	67,474	65,317	57,273
Machinery	-	295,513	269,727	283,322	241,483
Construction In Progress	-	34,613	12,227	30,361	44,776

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