MSR 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	Sep '25 Sep 30, 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	1.19	1.19	1.19	2.62	3.44	2.77
Short-Term Investments	-	-	-	-	0.49	0.49
Cash & Short-Term Investments	1.19	1.19	1.19	2.62	3.93	3.25
Cash Growth	-	-	-54.70%	-33.32%	20.79%	-76.73%
Accounts Receivable	-	-	-	2.95	16.1	6.39
Receivables	-	-	-	2.95	16.1	6.39
Inventory	-	-	-	0.08	29.55	23.29
Other Current Assets	3.17	3.17	3.17	3.17	10.02	4.77
Total Current Assets	4.36	4.36	4.36	8.82	59.6	37.7
Property, Plant & Equipment	0.08	0.08	0.08	117.18	162.87	212.19
Other Intangible Assets	-	-	-	0.02	0.03	0.04
Long-Term Deferred Tax Assets	-	-	244.7	244.7	132.78	114.86
Other Long-Term Assets	-	-	-	4.68	4.73	4.73
Total Assets	4.43	4.43	249.13	375.4	360.01	369.51
Accounts Payable	10.3	10.3	10.3	16.15	122.44	33.54
Accrued Expenses	-	-	8.02	5.02	6.84	8.36
Short-Term Debt	-	-	-	47.13	196.12	279.95
Current Income Taxes Payable	-	-	-	-	4.18	-
Other Current Liabilities	22.84	21.73	8.38	8.38	3.96	2.71
Total Current Liabilities	33.14	32.03	26.69	76.68	333.54	324.56
Long-Term Debt	77.33	77.33	77.33	162.95	95.77	95.95
Other Long-Term Liabilities	-	-	-	-0	0	-
Total Liabilities	110.47	109.36	104.02	239.63	429.32	420.51
Common Stock	314.4	314.4	314.4	314.4	314.4	314.4
Additional Paid-In Capital	-	-	-	0.44	0.44	0.44
Retained Earnings	-	-	-169.29	-179.07	-384.14	-365.83
Comprehensive Income & Other	-420.43	-419.32	-	-	-	-
Shareholders' Equity	-106.03	-104.92	145.12	135.77	-69.31	-50.99
Total Liabilities & Equity	4.43	4.43	249.13	375.4	360.01	369.51
Total Debt	77.33	77.33	77.33	210.08	291.9	375.9
Net Cash (Debt)	-76.14	-76.14	-76.14	-207.46	-287.97	-372.65
Net Cash Per Share	-1.19	-1.14	-1.21	-3.30	-4.58	-5.93
Filing Date Shares Outstanding	55.5	55.03	62.88	62.88	62.88	62.88
Total Common Shares Outstanding	55.5	55.03	62.88	62.88	62.88	62.88
Working Capital	-28.78	-27.67	-22.33	-67.86	-273.94	-286.86
Book Value Per Share	-1.91	-1.91	2.31	2.16	-1.10	-0.81
Tangible Book Value	-106.03	-104.92	145.12	135.75	-69.33	-51.03
Tangible Book Value Per Share	-1.91	-1.91	2.31	2.16	-1.10	-0.81
Land	-	-	-	43.84	52.91	82.15
Buildings	-	-	-	48.19	65.83	65.83
Machinery	-	-	-	215.68	220.8	220.8
Leasehold Improvements	-	-	-	4.68	4.68	4.68

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