Ador Welding 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	-	302.8	40.4	59.5	66.1	170.4
Short-Term Investments	-	342	412.7	0.1	3.8	3
Trading Asset Securities	-	238.4	358	175.9	195.8	103.8
Cash & Short-Term Investments	707.2	883.2	811.1	235.5	265.7	277.2
Cash Growth	0.68%	8.89%	244.42%	-11.37%	-4.15%	208.34%
Accounts Receivable	-	1,927	1,812	1,263	944	1,086
Other Receivables	-	125.9	150	31.8	33	37.6
Receivables	-	2,070	1,980	1,299	980.8	1,127
Inventory	-	1,267	1,452	1,162	899.7	624.6
Prepaid Expenses	-	32.2	23.9	31.9	15.9	10.8
Restricted Cash	-	-	-	-	9.4	11.2
Other Current Assets	-	185.3	162.4	108.9	128.2	79.8
Total Current Assets	-	4,438	4,430	2,837	2,300	2,130
Property, Plant & Equipment	-	1,901	1,705	1,137	1,166	1,126
Long-Term Investments	-	80.9	33.5	26.9	-	-
Other Intangible Assets	-	3.7	12	8.8	7	7.6
Long-Term Deferred Tax Assets	-	97.4	94.3	46.4	26.8	8
Other Long-Term Assets	-	418.3	534.2	458.1	424.2	478.8
Total Assets	-	6,939	6,809	4,517	3,927	3,752
Accounts Payable	-	1,246	849.8	730.4	775.1	772.4
Accrued Expenses	-	244.9	259.5	160.9	126.4	114.3
Short-Term Debt	-	-	417.7	150	-	280
Current Portion of Long-Term Debt	-	2.5	2.2	1.3	0.8	-
Current Portion of Leases	-	5.5	8.4	5.8	2.6	1.3
Current Income Taxes Payable	-	-	-	32.9	4.1	0.2
Current Unearned Revenue	-	7.9	3	0.1	1.4	58.9
Other Current Liabilities	-	228.4	412.1	120.9	129.2	99.6
Total Current Liabilities	-	1,735	1,953	1,202	1,040	1,327
Long-Term Debt	-	8.4	10.8	7.3	6	-
Long-Term Leases	-	7.7	7.8	8.4	12.7	10.6
Long-Term Unearned Revenue	-	19.4	27.6	0.6	0.3	0.5
Pension & Post-Retirement Benefits	-	93.4	77.1	61.5	46.9	35.9
Other Long-Term Liabilities	-	4.3	2.6	1.6	1.8	3
Total Liabilities	-	1,868	2,079	1,282	1,107	1,377
Common Stock	-	174	136	136	136	136
Retained Earnings	-	4,829	4,488	3,063	2,647	2,217
Comprehensive Income & Other	-	68.3	106.3	36.3	36.3	22.3
Shareholders' Equity	4,925	5,071	4,730	3,235	2,819	2,375
Total Liabilities & Equity	-	6,939	6,809	4,517	3,927	3,752
Total Debt	19.7	24.1	446.9	172.8	22.1	291.9
Net Cash (Debt)	687.5	859.1	364.2	62.7	243.6	-14.7
Net Cash Growth	125.56%	135.89%	480.86%	-74.26%	-	-
Net Cash Per Share	39.48	49.37	20.93	4.61	17.91	-1.08
Filing Date Shares Outstanding	17.41	17.4	13.6	13.6	13.6	13.6
Total Common Shares Outstanding	17.41	17.4	13.6	13.6	13.6	13.6
Working Capital	-	2,703	2,477	1,635	1,260	803.7
Book Value Per Share	282.98	291.38	347.84	237.90	207.32	174.68
Tangible Book Value	4,923	5,067	4,718	3,226	2,812	2,368
Tangible Book Value Per Share	282.86	291.17	346.96	237.25	206.80	174.12
Land	-	146.3	111.2	37.6	37.6	37.6
Buildings	-	1,142	944.2	770.3	797.8	805.5
Machinery	-	2,552	2,309	1,918	1,855	1,830
Construction In Progress	-	41.1	253.7	15.1	70.6	32.7

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.