Novartis India Limited (BOM: 500672)

Novartis India 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	5,972	449.8	194.2	1,584	682.7	791.2
Short-Term Investments	-	5,400	5,350	3,579	4,291	5,013
Cash & Short-Term Investments	5,972	5,850	5,544	5,163	4,974	5,804
Cash Growth	21.87%	5.51%	7.39%	3.80%	-14.30%	-4.93%
Accounts Receivable	381.1	414.7	361.6	445.6	387.3	376
Other Receivables	-	94.7	130	116.4	456.1	509.9
Receivables	381.1	509.4	491.6	566.6	844	886.5
Inventory	335.8	448.6	547.2	570.7	479.5	586.8
Prepaid Expenses	-	18.9	29.5	38.5	24.9	70.8
Other Current Assets	263.9	165.9	160.8	748.6	908.8	773.1
Total Current Assets	6,953	6,993	6,773	7,087	7,231	8,121
Property, Plant & Equipment	56.3	69.4	192.5	236.5	639.1	762.8
Long-Term Investments	-	-	-	-	8.3	8.3
Long-Term Deferred Tax Assets	166.3	153.7	158	271.8	302.7	247.4
Other Long-Term Assets	1,733	2,034	2,706	1,974	1,838	1,633
Total Assets	8,909	9,249	9,829	9,576	10,023	10,776
Accounts Payable	401	615.9	596.7	722	552	726
Accrued Expenses	-	356.7	343.3	562.6	203.9	160.9
Short-Term Debt	-	0.2	-	-	-	-
Current Portion of Leases	19.5	18.8	41.2	57.4	127	118.3
Current Income Taxes Payable	141.1	74.8	60.8	82.6	121.8	86.7
Current Unearned Revenue	-	-	-	-	-	4.6
Other Current Liabilities	840.6	505.6	552.9	739.6	584.8	1,231
Total Current Liabilities	1,402	1,572	1,595	2,164	1,590	2,328
Long-Term Leases	40.8	50.7	173.9	182.7	497.8	564.6
Other Long-Term Liabilities	173.7	31.9	114.7	56.2	238.1	223.8
Total Liabilities	1,617	1,801	2,073	2,659	2,911	3,569
Common Stock	123.4	123.4	123.4	123.4	123.4	123.4
Retained Earnings	-	7,288	7,597	6,779	6,982	7,080
Comprehensive Income & Other	7,169	36.4	36	14.2	6.9	3.5
Shareholders' Equity	7,292	7,448	7,757	6,917	7,112	7,207
Total Liabilities & Equity	8,909	9,249	9,829	9,576	10,023	10,776
Total Debt	60.3	69.7	215.1	240.1	624.8	682.9
Net Cash (Debt)	5,912	5,780	5,329	4,923	4,349	5,121
Net Cash Growth	22.71%	8.46%	8.25%	13.19%	-15.07%	-16.12%
Net Cash Per Share	239.41	234.10	215.83	199.38	176.15	207.41
Filing Date Shares Outstanding	24.68	24.69	24.69	24.69	24.69	24.69
Total Common Shares Outstanding	24.68	24.69	24.69	24.69	24.69	24.69
Working Capital	5,551	5,421	5,178	4,923	5,642	5,793
Book Value Per Share	295.48	301.66	314.15	280.14	288.04	291.90
Tangible Book Value	7,292	7,448	7,757	6,917	7,112	7,207
Tangible Book Value Per Share	295.48	301.66	314.15	280.14	288.04	291.90
Buildings	-	0.5	0.5	0.9	1.7	1.7
Machinery	-	45.1	47.7	80.5	105.1	115
Leasehold Improvements	-	40.1	46.3	46.3	91.2	91.2

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