Veljan Denison 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	-	90.53	23.75	26.31	16.04	97.51
Short-Term Investments	-	387.41	374.19	376.81	437.97	355.4
Cash & Short-Term Investments	473.5	477.94	397.94	403.12	454	452.91
Cash Growth	16.76%	20.11%	-1.29%	-11.21%	0.24%	99.80%
Accounts Receivable	-	348.43	308.04	308.83	329.85	285.8
Other Receivables	-	63.64	50.75	52.43	49.64	76.47
Receivables	-	412.06	358.79	361.27	379.49	362.26
Inventory	-	779.18	678.33	579.61	471.62	394.42
Prepaid Expenses	-	3.83	3.27	5.79	3.82	2.34
Other Current Assets	-	21.8	19.42	36.03	52.83	9.48
Total Current Assets	-	1,695	1,458	1,386	1,362	1,221
Property, Plant & Equipment	-	933.24	889.75	823.45	650.26	647.92
Goodwill	-	33.29	31.63	30.63	-	-
Other Intangible Assets	-	0.53	0.86	1.12	0.4	0.47
Other Long-Term Assets	-	13.48	8.63	8.2	7.72	7.72
Total Assets	-	2,675	2,389	2,249	2,020	1,878
Accounts Payable	-	131.73	98.67	115.04	108.66	96.08
Accrued Expenses	-	120.05	101.32	105.98	76.26	66.81
Short-Term Debt	-	78.72	69.4	94.13	68.61	96.39
Other Current Liabilities	-	16.88	20.4	35.73	19.75	20.96
Total Current Liabilities	-	347.38	289.79	350.87	273.28	280.24
Long-Term Debt	-	5.24	-	-	-	-
Pension & Post-Retirement Benefits	-	-	-	-	-	0.02
Long-Term Deferred Tax Liabilities	-	64.97	50.02	46.49	32.4	29.08
Total Liabilities	-	417.6	339.81	397.37	305.67	309.33
Common Stock	-	45	22.5	22.5	22.5	22.5
Additional Paid-In Capital	-	4.5	4.5	4.5	4.5	4.5
Retained Earnings	-	2,189	2,008	1,817	1,686	1,540
Comprehensive Income & Other	-	19.09	13.44	7.97	1.58	1.58
Shareholders' Equity	2,382	2,258	2,049	1,852	1,714	1,568
Total Liabilities & Equity	-	2,675	2,389	2,249	2,020	1,878
Total Debt	82.96	83.97	69.4	94.13	68.61	96.39
Net Cash (Debt)	390.54	393.97	328.54	308.99	385.4	356.53
Net Cash Growth	7.94%	19.92%	6.33%	-19.83%	8.10%	116.67%
Net Cash Per Share	86.78	87.55	73.01	68.66	85.64	79.23
Filing Date Shares Outstanding	4.5	4.5	4.5	4.5	4.5	4.5
Total Common Shares Outstanding	4.5	4.5	4.5	4.5	4.5	4.5
Working Capital	-	1,347	1,168	1,035	1,088	941.18
Book Value Per Share	529.28	501.72	455.29	411.52	380.99	348.49
Tangible Book Value	2,345	2,224	2,016	1,820	1,714	1,568
Tangible Book Value Per Share	521.20	494.21	448.07	404.47	380.90	348.38
Land	-	127.01	127.01	125.75	87.04	87.04
Buildings	-	277.11	275.29	135.02	135.02	135.02
Machinery	-	1,183	1,091	985.92	883.01	873.38
Construction In Progress	-	21.93	25.28	151.2	66.11	30.09

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