Garware Hi-Tech Films Limited (BOM: 500655)

Garware Hi-Tech Films 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	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	1,371	1,083	599.87	993.08	625.3	248.37
Trading Asset Securities	-	2,755	3,163	1,996	1,584	877.08
Cash & Short-Term Investments	5,542	3,838	3,763	2,990	2,210	1,125
Cash Growth	55.74%	2.00%	25.87%	35.30%	96.32%	-9.32%
Accounts Receivable	334.4	380.65	299.5	332.61	420.2	523.5
Other Receivables	-	17.19	12.24	16.4	30.49	44.07
Receivables	342.7	401.19	315.11	350.29	455.88	569.58
Inventory	3,038	2,897	1,989	2,103	1,241	1,045
Prepaid Expenses	-	41.92	28.41	30.21	26.3	15.91
Other Current Assets	435.4	561.56	417.47	501.68	417.51	284.34
Total Current Assets	9,357	7,740	6,512	5,975	4,350	3,040
Property, Plant & Equipment	14,552	14,515	14,763	14,348	13,380	12,971
Long-Term Investments	1,075	873.3	764.03	744.25	675.3	280.84
Other Intangible Assets	8.7	10.17	13.15	17.55	22.07	22.54
Long-Term Deferred Tax Assets	-	-	-	-	-	249.42
Other Long-Term Assets	159.4	98.17	90.66	246.92	256.03	226.02
Total Assets	25,152	23,237	22,143	21,332	18,684	16,790
Accounts Payable	1,413	1,600	1,036	1,099	864.92	652.82
Accrued Expenses	90.9	232.98	194.23	274.41	230.8	198.09
Short-Term Debt	-	-	-	-	-	54.75
Current Portion of Long-Term Debt	-	-	654.3	654.3	353.15	214.47
Current Portion of Leases	48.7	61.81	70.09	62.52	56.06	46.55
Current Income Taxes Payable	137.3	14.84	30.2	9.95	9.82	33.44
Current Unearned Revenue	-	-	-	-	-	0.72
Other Current Liabilities	596.2	309.56	391.85	508.67	299.82	208.58
Total Current Liabilities	2,286	2,219	2,376	2,609	1,815	1,409
Long-Term Debt	-	-	753.57	1,170	966.14	1,155
Long-Term Leases	89.3	137.34	93.96	131.7	151.91	152.94
Long-Term Unearned Revenue	-	-	-	-	-	0.03
Long-Term Deferred Tax Liabilities	426.5	378.86	317.19	273.41	75.11	-
Other Long-Term Liabilities	55.9	53.76	44.17	38.88	40.31	35.16
Total Liabilities	2,858	2,789	3,585	4,223	3,048	2,753
Common Stock	232.3	232.32	232.32	232.32	232.32	232.32
Additional Paid-In Capital	-	59.21	59.21	59.21	59.21	59.21
Retained Earnings	-	11,136	9,358	7,936	6,522	5,273
Comprehensive Income & Other	22,062	9,020	8,909	8,882	8,822	8,473
Total Common Equity	22,295	20,448	18,558	17,109	15,636	14,037
Shareholders' Equity	22,295	20,448	18,558	17,109	15,636	14,037
Total Liabilities & Equity	25,152	23,237	22,143	21,332	18,684	16,790
Total Debt	138	199.15	1,572	2,019	1,527	1,624
Net Cash (Debt)	5,404	3,639	2,191	970.82	682.29	-498.7
Net Cash Growth	78.85%	66.08%	125.68%	42.29%	-	-
Net Cash Per Share	232.58	156.63	94.31	41.79	29.37	-21.47
Filing Date Shares Outstanding	23.23	23.23	23.23	23.23	23.23	23.23
Total Common Shares Outstanding	23.23	23.23	23.23	23.23	23.23	23.23
Working Capital	7,071	5,521	4,136	3,366	2,536	1,631
Book Value Per Share	959.70	880.15	798.81	736.42	673.01	604.21
Tangible Book Value	22,286	20,438	18,545	17,091	15,613	14,015
Tangible Book Value Per Share	959.33	879.71	798.24	735.66	672.06	603.24
Land	-	10,065	10,065	10,065	10,065	10,065
Buildings	-	1,034	996.34	663.86	616.59	516.3
Machinery	-	4,586	4,579	3,371	3,075	2,514
Construction In Progress	-	23.21	103.16	958.5	108.32	186.42

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