The Indian Hotels Company Limited (BOM: 500850)

The Indian Hotels Company 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	17,296	14,855	10,534	11,878	1,536	3,156
Short-Term Investments	7,348	-	-	-	711	-
Trading Asset Securities	-	7,242	7,573	9,025	3,775	4,362
Cash & Short-Term Investments	24,644	22,097	18,108	20,903	6,023	7,518
Cash Growth	75.92%	22.03%	-13.37%	247.07%	-19.89%	66.28%
Accounts Receivable	6,068	4,765	4,465	2,553	2,198	2,900
Other Receivables	-	820	647.1	827.5	964.1	1,617
Receivables	6,186	5,670	5,176	3,464	3,349	4,585
Inventory	1,309	1,164	1,092	1,008	928.8	936.1
Prepaid Expenses	-	851.3	728.7	664.7	536.1	588.6
Other Current Assets	3,024	901.4	798.9	701.7	702.8	745.1
Total Current Assets	35,163	30,684	25,903	26,741	11,539	14,373
Property, Plant & Equipment	94,901	83,410	79,395	74,327	74,227	70,971
Long-Term Investments	14,402	15,577	11,456	10,708	10,362	10,012
Goodwill	6,746	6,623	6,536	6,229	6,110	6,146
Other Intangible Assets	5,846	5,635	5,575	5,533	5,690	5,913
Long-Term Deferred Tax Assets	972.5	1,224	1,582	1,580	1,180	765
Other Long-Term Assets	6,783	5,304	6,208	5,779	5,970	6,837
Total Assets	164,912	148,558	136,688	130,896	115,127	115,183
Accounts Payable	5,804	2,097	2,396	1,710	1,575	1,909
Accrued Expenses	-	6,028	5,288	4,661	3,593	4,558
Short-Term Debt	-	-	334.7	726.1	2,425	1,663
Current Portion of Long-Term Debt	583.7	2,138	4,538	5,242	11,665	3,100
Current Portion of Leases	567.2	510.8	447.4	427	391.1	561.4
Current Income Taxes Payable	317.1	326.8	285.8	347	349.5	337.7
Current Unearned Revenue	-	4,203	3,716	3,047	4,496	2,735
Other Current Liabilities	13,000	4,680	4,186	3,477	4,986	4,144
Total Current Liabilities	20,272	19,983	21,192	19,637	29,481	19,008
Long-Term Debt	2,239	467.4	3,310	13,879	22,238	21,258
Long-Term Leases	26,338	24,247	22,760	18,604	18,464	18,426
Long-Term Unearned Revenue	1.6	22.7	283.7	310	346.5	180.5
Long-Term Deferred Tax Liabilities	1,599	1,437	1,567	875.8	780.5	1,869
Other Long-Term Liabilities	1,244	806.4	690.9	633.3	624.2	2,637
Total Liabilities	51,694	47,271	50,267	54,344	72,297	63,966
Common Stock	1,423	1,423	1,420	1,420	1,189	1,189
Additional Paid-In Capital	-	67,578	66,249	66,249	27,021	27,021
Retained Earnings	-	18,771	7,620	-2,205	-357.5	8,448
Comprehensive Income & Other	100,140	6,794	4,530	5,158	8,632	6,910
Total Common Equity	101,564	94,567	79,820	70,623	36,484	43,568
Minority Interest	11,655	6,721	6,601	5,930	6,346	7,649
Shareholders' Equity	113,218	101,287	86,421	76,553	42,830	51,217
Total Liabilities & Equity	164,912	148,558	136,688	130,896	115,127	115,183
Total Debt	29,728	27,362	31,390	38,879	55,183	45,008
Net Cash (Debt)	-5,085	-5,266	-13,283	-17,976	-49,161	-37,490
Net Cash Per Share	-3.57	-3.70	-9.35	-14.31	-41.34	-31.52
Filing Date Shares Outstanding	1,426	1,423	1,420	1,420	1,189	1,189
Total Common Shares Outstanding	1,426	1,423	1,420	1,420	1,189	1,189
Working Capital	14,891	10,701	4,712	7,104	-17,942	-4,635
Book Value Per Share	71.24	66.44	56.20	49.72	30.68	36.63
Tangible Book Value	88,971	82,308	67,708	58,860	24,685	31,510
Tangible Book Value Per Share	62.41	57.82	47.67	41.44	20.76	26.50
Land	-	3,491	3,500	3,526	3,481	2,656
Buildings	-	54,907	51,321	49,809	47,646	41,817
Machinery	-	30,425	26,495	24,747	23,763	21,748
Construction In Progress	-	2,310	3,242	1,933	1,650	2,432

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