Novartis India Limited (BOM:500672)

Novartis India Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	6,173	520.7	449.8	194.2	1,584	682.7
Short-Term Investments	-	5,850	5,400	5,350	3,579	4,291
Cash & Short-Term Investments	6,173	6,371	5,850	5,544	5,163	4,974
Cash Growth	3.36%	8.91%	5.51%	7.38%	3.80%	-14.30%
Accounts Receivable	487.4	401.4	414.7	361.6	445.6	387.3
Other Receivables	-	89	94.7	130	116.4	456.1
Receivables	487.4	490.4	509.4	491.6	566.6	844
Inventory	452.9	411.1	448.6	547.2	570.7	479.5
Prepaid Expenses	-	24.7	18.9	29.5	38.5	24.9
Other Current Assets	484.1	161.3	165.9	160.8	748.6	908.8
Total Current Assets	7,597	7,458	6,993	6,773	7,087	7,231
Property, Plant & Equipment	38.2	45.4	69.4	192.5	236.5	639.1
Long-Term Investments	-	-	-	-	-	8.3
Long-Term Deferred Tax Assets	155.3	154.8	153.7	158	271.8	302.7
Other Long-Term Assets	1,527	1,820	2,034	2,706	1,974	1,838
Total Assets	9,318	9,478	9,249	9,829	9,576	10,023
Accounts Payable	431.2	514.7	615.9	596.7	722	552
Accrued Expenses	-	297.9	356.7	343.3	562.6	203.9
Short-Term Debt	-	-	0.2	-	-	-
Current Portion of Leases	16.1	18.5	18.8	41.2	57.4	127
Current Income Taxes Payable	165.2	134.4	74.8	60.8	82.6	121.8
Other Current Liabilities	758.8	455	505.6	552.9	739.6	584.8
Total Current Liabilities	1,371	1,421	1,572	1,595	2,164	1,590
Long-Term Leases	24.4	32.1	50.7	173.9	182.7	497.8
Pension & Post-Retirement Benefits	-	144.5	145.7	188.4	255.6	585.6
Other Long-Term Liabilities	171.9	31.4	32.7	115.6	56.2	238.1
Total Liabilities	1,568	1,629	1,801	2,073	2,659	2,911
Common Stock	123.4	123.4	123.4	123.4	123.4	123.4
Retained Earnings	-	7,690	7,288	7,597	6,779	6,982
Comprehensive Income & Other	7,627	36.4	36.4	36	14.2	6.9
Shareholders' Equity	7,751	7,850	7,448	7,757	6,917	7,112
Total Liabilities & Equity	9,318	9,478	9,249	9,829	9,576	10,023
Total Debt	40.5	50.6	69.7	215.1	240.1	624.8
Net Cash (Debt)	6,133	6,320	5,780	5,329	4,923	4,349
Net Cash Growth	3.73%	9.34%	8.46%	8.25%	13.19%	-15.07%
Net Cash Per Share	248.41	255.97	234.10	215.83	199.38	176.15
Filing Date Shares Outstanding	24.69	24.69	24.69	24.69	24.69	24.69
Total Common Shares Outstanding	24.69	24.69	24.69	24.69	24.69	24.69
Working Capital	6,226	6,038	5,421	5,178	4,923	5,642
Book Value Per Share	313.93	317.92	301.66	314.15	280.14	288.04
Tangible Book Value	7,751	7,850	7,448	7,757	6,917	7,112
Tangible Book Value Per Share	313.93	317.92	301.66	314.15	280.14	288.04
Buildings	-	-	0.5	0.5	0.9	1.7
Machinery	-	-	45.1	47.7	80.5	105.1
Leasehold Improvements	-	37.9	40.1	46.3	46.3	91.2

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.