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	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	-	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	3,882	3,838	3,763	2,990	2,210	1,125
Cash Growth	0.36%	2.00%	25.87%	35.30%	96.32%	-9.32%
Accounts Receivable	-	380.65	299.5	332.61	420.2	523.5
Other Receivables	-	17.19	12.24	16.4	30.49	44.07
Receivables	-	401.19	315.11	350.29	455.88	569.58
Inventory	-	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	-	561.56	417.47	501.68	417.51	284.34
Total Current Assets	-	7,740	6,512	5,975	4,350	3,040
Property, Plant & Equipment	-	14,515	14,763	14,348	13,380	12,971
Long-Term Investments	-	873.3	764.03	744.25	675.3	280.84
Other Intangible Assets	-	10.17	13.15	17.55	22.07	22.54
Long-Term Deferred Tax Assets	-	-	-	-	-	249.42
Other Long-Term Assets	-	98.17	90.66	246.92	256.03	226.02
Total Assets	-	23,237	22,143	21,332	18,684	16,790
Accounts Payable	-	1,600	1,036	1,099	864.92	652.82
Accrued Expenses	-	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	-	61.81	70.09	62.52	56.06	46.55
Current Income Taxes Payable	-	14.84	30.2	9.95	9.82	33.44
Current Unearned Revenue	-	-	-	-	-	0.72
Other Current Liabilities	-	309.56	391.85	508.67	299.82	208.58
Total Current Liabilities	-	2,219	2,376	2,609	1,815	1,409
Long-Term Debt	-	-	753.57	1,170	966.14	1,155
Long-Term Leases	-	137.34	93.96	131.7	151.91	152.94
Long-Term Unearned Revenue	-	-	-	-	-	0.03
Long-Term Deferred Tax Liabilities	-	378.86	317.19	273.41	75.11	-
Other Long-Term Liabilities	-	53.76	44.17	38.88	40.31	35.16
Total Liabilities	-	2,789	3,585	4,223	3,048	2,753
Common Stock	-	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
Comprensive Income & Other	-	9,020	8,909	8,882	8,822	8,473
Total Common Equity	20,448	20,448	18,558	17,109	15,636	14,037
Shareholders' Equity	20,448	20,448	18,558	17,109	15,636	14,037
Total Liabilities & Equity	-	23,237	22,143	21,332	18,684	16,790
Total Debt	199.1	199.15	1,572	2,019	1,527	1,624
Net Cash (Debt)	3,683	3,639	2,191	970.82	682.29	-498.7
Net Cash Growth	60.41%	66.08%	125.68%	42.29%	-	-
Net Cash Per Share	158.49	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	-	5,521	4,136	3,366	2,536	1,631
Book Value Per Share	880.03	880.15	798.81	736.42	673.01	604.21
Tangible Book Value	20,438	20,438	18,545	17,091	15,613	14,015
Tangible Book Value Per Share	879.59	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.