Excel Industries 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	262.89	130.84	122.45	77.85	35.72	303.08
Short-Term Investments	672.73	974.16	1,598	991.06	829.84	348.26
Trading Asset Securities	-	293.05	499.52	999.62	564.15	119.68
Cash & Short-Term Investments	935.61	1,398	2,220	2,069	1,430	771.01
Cash Growth	-53.70%	-37.03%	7.32%	44.68%	85.43%	19.11%
Accounts Receivable	2,313	2,610	2,159	1,848	1,565	1,992
Other Receivables	-	18.27	38.52	29.22	43.85	46.92
Receivables	2,317	2,631	2,210	1,889	1,621	2,052
Inventory	2,624	1,294	940.47	1,064	1,314	1,652
Prepaid Expenses	-	45.51	34.23	37.6	28.99	28.13
Other Current Assets	311.86	252.47	136.19	138.27	79.93	281.12
Total Current Assets	6,189	5,621	5,541	5,197	4,474	4,785
Property, Plant & Equipment	4,853	4,758	4,317	4,256	4,269	4,281
Long-Term Investments	13,403	9,994	8,753	7,854	5,682	5,347
Goodwill	188.53	188.53	188.53	188.53	188.53	188.53
Other Intangible Assets	30.9	38.16	51.8	7.26	3.06	3.37
Long-Term Deferred Tax Assets	3.56	3.28	2.27	0.61	-	-
Other Long-Term Assets	506.42	448.66	349.05	450.83	308.33	262.17
Total Assets	25,176	21,053	19,204	17,955	14,926	14,866

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	1,197	1,506	1,158	1,852	1,068	1,804
Accrued Expenses	116.28	421.59	399.91	91.42	82.93	77.9
Short-Term Debt	189.88	0.91	0.51	-	8.91	52.3
Current Portion of Long-Term Debt	-	-	-	-	-	0.06
Current Portion of Leases	4.98	41.16	100.51	0.03	0.02	3.92
Current Income Taxes Payable	46.7	25.84	-	5.74	7.77	31.11
Current Unearned Revenue	-	3.02	1.81	3.75	-	-
Other Current Liabilities	706.25	257.06	76.89	78.33	65.58	54.83
Total Current Liabilities	2,261	2,255	1,737	2,031	1,234	2,025
Long-Term Leases	34.08	36.75	21.76	17.78	17.81	17.83
Pension & Post-Retirement Benefits	138.42	137.22	141.35	132.76	131.3	142.14
Long-Term Deferred Tax Liabilities	2,107	1,594	1,416	1,503	1,125	1,188
Total Liabilities	4,540	4,023	3,317	3,685	2,508	3,373

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	62.85	62.85	62.85	62.85	62.85	62.85
Additional Paid-In Capital	-	53.44	53.44	53.44	53.44	53.44
Retained Earnings	-	9,223	8,621	7,859	7,789	7,266
Comprehensive Income & Other	20,573	7,691	7,150	6,295	4,512	4,111
Shareholders' Equity	20,636	17,030	15,887	14,271	12,417	11,493
Total Liabilities & Equity	25,176	21,053	19,204	17,955	14,926	14,866

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	228.94	78.82	122.78	17.81	26.74	74.1
Net Cash (Debt)	706.67	1,319	2,097	2,051	1,403	696.91
Net Cash Growth	-62.97%	-37.10%	2.27%	46.17%	101.31%	24.16%
Net Cash Per Share	56.22	104.95	166.84	163.14	111.61	55.44
Filing Date Shares Outstanding	12.57	12.57	12.57	12.57	12.57	12.57
Total Common Shares Outstanding	12.57	12.57	12.57	12.57	12.57	12.57
Working Capital	3,928	3,366	3,804	3,166	3,241	2,760
Book Value Per Share	1641.83	1354.74	1263.83	1135.23	987.81	914.31
Tangible Book Value	20,416	16,803	15,647	14,075	12,226	11,302
Tangible Book Value Per Share	1624.37	1336.71	1244.71	1119.65	972.57	899.04
Land	-	54.64	54.64	152.68	152.68	152.68
Buildings	-	855	799.1	748.8	708.89	701.95
Machinery	-	5,295	4,953	4,622	4,449	4,180
Construction In Progress	-	377.34	84.47	180.24	193.14	212.03
Leasehold Improvements	-	9.03	-	-	-	-