ZF Steering Gear (India) Balance Sheet

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	-	9.5	114.5	2.2	41.3	92.6
Cash & Short-Term Investments	76.9	9.5	114.5	2.2	41.3	92.6
Cash Growth	1502.08%	-91.70%	5104.55%	-94.67%	-55.40%	67.15%
Accounts Receivable	-	1,106	977	1,069	902.6	784.4
Other Receivables	-	43.9	44.3	7	7.7	7.7
Receivables	-	1,151	1,022	1,076	911.4	792.6
Inventory	-	673.2	671.5	581.5	575.2	375.5
Prepaid Expenses	-	20.6	26.3	17.4	13.1	12.3
Other Current Assets	-	91	100.3	46.5	65.7	83.9
Total Current Assets	-	1,945	1,935	1,724	1,607	1,357
Property, Plant & Equipment	-	2,585	2,324	1,632	1,607	1,761
Long-Term Investments	-	908.6	730.2	917.7	958	924
Other Intangible Assets	-	8.7	11.2	9.7	8.2	11.1
Long-Term Deferred Tax Assets	-	136.1	167.9	153.6	128.7	245.8
Other Long-Term Assets	-	756.6	747.6	679.2	335.3	342.2
Total Assets	-	6,360	5,941	5,117	4,722	4,659
Accounts Payable	-	403.2	336.6	354.8	277.5	303.2
Accrued Expenses	-	27.6	53.3	55.4	22.2	14.7
Short-Term Debt	-	419.7	300.3	361.4	273.2	304.1
Current Portion of Long-Term Debt	-	137.7	68.7	-	3.8	6.6
Current Portion of Leases	-	12.1	10.7	9.2	7.9	0.1
Current Unearned Revenue	-	7.6	8.9	7	7.3	5.8
Other Current Liabilities	-	219.7	171.8	51.2	83.6	198.3
Total Current Liabilities	-	1,228	950.3	839	675.5	832.8
Long-Term Debt	-	414.7	356.3	21	-	3.8
Long-Term Leases	-	19.1	31.7	41.6	51.4	9.7
Long-Term Unearned Revenue	-	0.1	0.1	0.1	0.3	0.3
Other Long-Term Liabilities	-	15.8	20	28.9	43.4	46.1
Total Liabilities	-	1,677	1,358	930.6	770.6	892.7
Common Stock	-	90.7	90.7	90.7	90.7	90.7
Additional Paid-In Capital	-	23.2	23.2	23.2	23.2	23.2
Retained Earnings	-	4,542	4,465	4,069	3,834	3,649
Comprehensive Income & Other	-	3.5	3.5	3.5	3.5	3.5
Total Common Equity	4,737	4,659	4,582	4,187	3,951	3,766
Minority Interest	-	23.5	0.1	-	-	-
Shareholders' Equity	4,741	4,683	4,582	4,187	3,951	3,766
Total Liabilities & Equity	-	6,360	5,941	5,117	4,722	4,659
Total Debt	1,086	1,003	767.7	433.2	336.3	324.3
Net Cash (Debt)	-1,009	-993.8	-653.2	-431	-295	-231.7
Net Cash Per Share	-111.16	-109.53	-71.99	-47.50	-32.51	-25.54
Filing Date Shares Outstanding	9.07	9.07	9.07	9.07	9.07	9.07
Total Common Shares Outstanding	9.07	9.07	9.07	9.07	9.07	9.07
Working Capital	-	717.8	984.2	884.6	931.2	524.1
Book Value Per Share	522.25	513.50	505.01	461.44	435.46	415.11
Tangible Book Value	4,730	4,650	4,571	4,177	3,943	3,755
Tangible Book Value Per Share	521.50	512.54	503.77	460.37	434.56	413.88
Land	-	10.9	10.9	10.9	10.9	10.9
Buildings	-	1,030	821.6	553.4	556.3	554.3
Machinery	-	3,564	3,142	2,768	2,658	2,622
Construction In Progress	-	148.5	294.4	70.6	23.7	24.1

Source: S&P Global Market Intelligence. Standard template. Financial Sources.