R. J. Shah & Company Balance Sheet

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	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	2016 - 2020
Cash & Equivalents	1.42	3.92	3.42	1.93	3.83	Upgrade
Cash & Short-Term Investments	1.42	3.92	3.42	1.93	3.83	Upgrade
Cash Growth	-63.84%	14.85%	76.67%	-49.56%	-98.75%	Upgrade
Accounts Receivable	102.56	15.28	0.05	-	-	Upgrade
Other Receivables	11.5	3.78	3.29	2.97	3.54	Upgrade
Receivables	114.06	19.06	3.34	2.97	3.54	Upgrade
Inventory	-	18.02	8.97	5.88	3.32	Upgrade
Prepaid Expenses	-	0	0.05	0.03	0.04	Upgrade
Other Current Assets	0.01	1.61	-0	-	-	Upgrade
Total Current Assets	115.49	42.62	15.77	10.81	10.73	Upgrade
Property, Plant & Equipment	7.27	7.78	9.75	7.67	8.45	Upgrade
Long-Term Investments	5.04	315.96	304.46	306.26	302.23	Upgrade
Long-Term Deferred Tax Assets	1.01	0.86	0.71	0.53	0.37	Upgrade
Other Long-Term Assets	318.76	0.19	0.2	0.19	0.16	Upgrade
Total Assets	447.57	367.4	330.87	325.46	321.94	Upgrade
Accounts Payable	6.04	1.14	0.61	0.19	0.1	Upgrade
Accrued Expenses	20.1	0.26	0.36	0.33	0.31	Upgrade
Current Portion of Long-Term Debt	12.27	12.27	12.27	12.27	12.27	Upgrade
Other Current Liabilities	0.45	1.3	1.68	1.63	2.79	Upgrade
Total Current Liabilities	38.86	14.96	14.92	14.42	15.47	Upgrade
Other Long-Term Liabilities	-	-	-0	-	-	Upgrade
Total Liabilities	38.86	14.96	14.92	14.42	15.47	Upgrade
Common Stock	2.8	2.8	2.8	2.8	2.8	Upgrade
Retained Earnings	-	332.75	296.08	291	286.24	Upgrade
Comprehensive Income & Other	405.91	16.9	17.07	17.25	17.43	Upgrade
Shareholders' Equity	408.71	352.44	315.96	311.05	306.47	Upgrade
Total Liabilities & Equity	447.57	367.4	330.87	325.46	321.94	Upgrade
Total Debt	12.27	12.27	12.27	12.27	12.27	Upgrade
Net Cash (Debt)	-10.85	-8.35	-8.85	-10.34	-8.44	Upgrade
Net Cash Per Share	-38.74	-29.80	-31.61	-36.90	-30.12	Upgrade
Filing Date Shares Outstanding	0.28	0.28	0.28	0.28	0.28	Upgrade
Total Common Shares Outstanding	0.28	0.28	0.28	0.28	0.28	Upgrade
Working Capital	76.63	27.66	0.85	-3.6	-4.74	Upgrade
Book Value Per Share	1459.14	1258.27	1128.01	1110.48	1094.14	Upgrade
Tangible Book Value	408.71	352.44	315.96	311.05	306.47	Upgrade
Tangible Book Value Per Share	1459.14	1258.27	1128.01	1110.48	1094.14	Upgrade
Land	-	-	0.61	0.61	0.61	Upgrade
Buildings	-	31.36	31.36	28.44	28.44	Upgrade
Machinery	-	3.88	24.04	25.28	25.16	Upgrade

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