SML Mahindra Balance Sheet

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	45.09	31.01	348.2	34.92	106.73
Short-Term Investments	21.33	35.74	16.15	13.75	13.79
Trading Asset Securities	-	-	-	-	42.39
Cash & Short-Term Investments	66.42	66.75	364.35	48.66	162.91
Cash Growth	-0.50%	-81.68%	648.71%	-70.13%	-53.55%
Accounts Receivable	2,702	2,653	1,690	757.47	789.18
Other Receivables	15.47	16.6	10.41	4.43	21.87
Receivables	2,726	2,678	1,707	766.42	817.12
Inventory	6,631	5,795	5,803	4,232	3,087
Prepaid Expenses	57.26	48.34	37.79	29.17	25.76
Restricted Cash	3.8	3.96	3.6	3.27	2.82
Other Current Assets	402.59	441.15	330.72	302.49	109.73
Total Current Assets	9,887	9,033	8,246	5,382	4,205
Property, Plant & Equipment	3,221	3,103	2,748	2,822	3,043
Long-Term Investments	18.45	11.84	15.67	28.26	10.69
Other Intangible Assets	618.72	702.3	763.1	848.99	611.06
Long-Term Deferred Tax Assets	-	-	190.82	174.98	150.56
Other Long-Term Assets	214.66	129	141.59	101.76	136.25
Total Assets	13,968	12,994	12,125	9,366	8,158
Accounts Payable	4,055	3,701	3,319	2,916	2,447
Accrued Expenses	316.59	561.31	572.68	799.61	297.03
Short-Term Debt	2,163	2,250	3,500	2,240	2,344
Current Portion of Long-Term Debt	532.32	341.82	252.9	176.08	471.12
Current Portion of Leases	22.83	27.83	25.47	23.42	16.05
Current Income Taxes Payable	1.45	23.01	1.45	1.45	3.46
Current Unearned Revenue	45.2	35.89	34.16	25.98	15.96
Other Current Liabilities	760.58	775.44	489.99	667.22	338.51
Total Current Liabilities	7,897	7,717	8,196	6,850	5,934
Long-Term Debt	106.49	625.54	403.52	165.22	90.32
Long-Term Leases	66.77	24.91	30.66	40.61	55.92
Long-Term Unearned Revenue	27.62	18.44	18.49	16.6	10
Pension & Post-Retirement Benefits	78.74	75.25	148.31	99.62	24.5
Long-Term Deferred Tax Liabilities	205.17	178.24	-	-	-
Other Long-Term Liabilities	392.49	528.13	472.78	414.51	428.8
Total Liabilities	8,774	9,168	9,269	7,586	6,543
Common Stock	144.72	144.72	144.72	144.72	144.72
Additional Paid-In Capital	745.29	745.29	745.29	745.29	745.29
Retained Earnings	4,303	2,937	1,966	889.39	719.28
Comprehensive Income & Other	0.07	0.07	0.07	0.07	5.57
Shareholders' Equity	5,193	3,827	2,856	1,779	1,615
Total Liabilities & Equity	13,968	12,994	12,125	9,366	8,158
Total Debt	2,891	3,271	4,213	2,645	2,978
Net Cash (Debt)	-2,825	-3,204	-3,848	-2,596	-2,815
Net Cash Per Share	-195.19	-221.38	-265.92	-179.42	-194.50
Filing Date Shares Outstanding	14.47	14.47	14.47	14.47	14.47
Total Common Shares Outstanding	14.47	14.47	14.47	14.47	14.47
Working Capital	1,990	1,316	50.52	-1,468	-1,729
Book Value Per Share	358.87	264.42	197.34	122.96	111.59
Tangible Book Value	4,575	3,124	2,093	930.48	1,004
Tangible Book Value Per Share	316.11	215.89	144.61	64.30	69.36
Land	4.87	4.87	4.87	28.39	28.39
Buildings	1,389	1,325	1,284	1,277	1,276
Machinery	4,365	3,851	3,696	3,483	3,377
Construction In Progress	232.95	422.86	25.74	9.36	47.48