Varvee Global 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	-	134.3	2.21	1.6	98.65	134.27
Cash & Short-Term Investments	21.52	134.3	2.21	1.6	98.65	134.27
Cash Growth	-55.75%	5966.03%	38.46%	-98.38%	-26.53%	1175.38%
Accounts Receivable	-	77.65	997.29	1,242	1,661	2,081
Other Receivables	-	5.06	3.85	59.17	120.37	42.48
Receivables	-	82.8	1,001	1,302	1,782	2,124
Inventory	-	80.76	895.7	1,208	1,563	1,539
Prepaid Expenses	-	0.69	1.6	2.96	3.39	1.02
Other Current Assets	-	354.78	927.17	177.52	83.08	114.85
Total Current Assets	-	653.34	2,828	2,692	3,531	3,914
Property, Plant & Equipment	-	682.18	723.71	2,038	2,320	2,736
Other Intangible Assets	-	0.11	0.11	0.12	0.25	0.62
Long-Term Deferred Tax Assets	-	672.54	815.21	533.59	241.11	21.41
Other Long-Term Assets	-	35.95	17.77	14.93	194.17	434.87
Total Assets	-	2,044	4,385	5,278	6,286	7,106
Accounts Payable	-	183.56	519.08	571.27	768.66	871.45
Accrued Expenses	-	0.04	28.57	30.39	22.81	21.95
Short-Term Debt	-	333	1,031	2,037	2,338	2,450
Current Portion of Long-Term Debt	-	122.72	303.52	264.56	218.26	121.23
Current Portion of Leases	-	-	-	-	-	0.08
Current Unearned Revenue	-	506.86	846.82	21.25	51.06	137.99
Other Current Liabilities	-	51.53	30.14	61.7	36.93	54.67
Total Current Liabilities	-	1,198	2,760	2,986	3,436	3,657
Long-Term Debt	-	486.87	1,442	1,664	1,573	1,755
Long-Term Leases	-	-	-	-	-	0.61
Long-Term Unearned Revenue	-	2.12	5.87	7.97	8.54	11.52
Pension & Post-Retirement Benefits	-	-	2.05	0.91	-	-
Other Long-Term Liabilities	-	-	3.82	5.51	5.5	5.52
Total Liabilities	-	1,687	4,213	4,664	5,023	5,430
Common Stock	-	234.6	234.6	234.6	234.6	234.6
Additional Paid-In Capital	-	280.71	280.71	280.71	280.71	280.71
Retained Earnings	-	-307.8	-493.24	-51.2	598.14	1,011
Comprehensive Income & Other	-	149.92	149.92	149.92	149.92	149.92
Shareholders' Equity	1,025	357.42	171.98	614.02	1,263	1,676
Total Liabilities & Equity	-	2,044	4,385	5,278	6,286	7,106
Total Debt	281.05	942.59	2,777	3,965	4,129	4,327
Net Cash (Debt)	-259.52	-808.29	-2,774	-3,964	-4,030	-4,193
Net Cash Per Share	-12.88	-34.45	-118.26	-168.96	-171.80	-178.72
Filing Date Shares Outstanding	7.27	23.46	23.46	23.46	23.46	23.46
Total Common Shares Outstanding	7.27	23.46	23.46	23.46	23.46	23.46
Working Capital	-	-544.37	68.55	-294.14	95.24	256.28
Book Value Per Share	39.74	15.24	7.33	26.17	53.85	71.46
Tangible Book Value	1,025	357.31	171.87	613.9	1,263	1,676
Tangible Book Value Per Share	39.73	15.23	7.33	26.17	53.84	71.43
Land	-	4.92	4.92	103.8	103.8	103.8
Buildings	-	311.11	317.72	1,159	1,159	917.21
Machinery	-	1,719	1,858	4,333	4,468	2,947
Construction In Progress	-	-	-	14.43	14.43	-

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