Usha Martin Balance Sheet

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	4,778	2,607	1,498	1,502	1,544
Short-Term Investments	-	114.9	154.2	89.9	73.5
Cash & Short-Term Investments	4,778	2,722	1,652	1,592	1,617
Cash Growth	75.53%	64.78%	3.80%	-1.59%	38.56%
Accounts Receivable	6,434	5,276	5,393	4,999	4,141
Other Receivables	-	1,029	893.8	866.5	1,062
Receivables	6,453	6,321	6,301	5,882	5,213
Inventory	9,578	10,171	9,344	9,402	8,441
Prepaid Expenses	-	105.7	121.2	100	89.7
Other Current Assets	1,992	521.6	473.1	518.6	534
Total Current Assets	22,800	19,841	17,891	17,494	15,895
Property, Plant & Equipment	16,500	14,599	12,566	10,303	8,896
Long-Term Investments	793.2	724.6	564.5	676.2	579
Goodwill	552.2	552.2	552.2	552.2	552.2
Other Intangible Assets	84.3	87.4	72.3	23.6	29.7
Long-Term Deferred Tax Assets	93.2	164.8	169.4	121.4	125.4
Other Long-Term Assets	1,254	1,464	1,433	1,642	1,293
Total Assets	42,118	37,479	33,301	30,868	27,429
Accounts Payable	3,110	2,662	2,484	2,988	2,950
Accrued Expenses	164.8	940	982.2	692.1	644
Short-Term Debt	-	1,250	886.3	1,154	1,758
Current Portion of Long-Term Debt	1,214	671.2	89.5	419.1	21.5
Current Portion of Leases	161.2	110.8	86.1	60.7	46.1
Current Income Taxes Payable	388.8	427.6	471.1	437.8	297.8
Current Unearned Revenue	-	394.8	489.2	549.4	486.1
Other Current Liabilities	1,918	492.6	670.9	791.5	845.2
Total Current Liabilities	6,956	6,950	6,159	7,092	7,049
Long-Term Debt	241.3	1,454	2,002	1,973	1,885
Long-Term Leases	669.1	680.7	574.6	559.2	403.2
Pension & Post-Retirement Benefits	-	435	427.2	458.4	538.6
Long-Term Deferred Tax Liabilities	663.9	414.3	280.7	258.5	246.1
Other Long-Term Liabilities	567	28.5	19.1	176.9	333.8
Total Liabilities	9,097	9,962	9,462	10,518	10,456
Common Stock	305.1	304.7	304.7	304.7	304.7
Additional Paid-In Capital	-	1,316	1,381	1,381	1,381
Retained Earnings	-	23,383	20,154	16,741	13,840
Treasury Stock	-	-0.2	-	-	-
Comprehensive Income & Other	32,714	2,515	1,957	1,882	1,411
Total Common Equity	33,019	27,519	23,797	20,308	16,937
Minority Interest	1.5	-1.7	42.4	43.1	36.3
Shareholders' Equity	33,021	27,517	23,839	20,351	16,973
Total Liabilities & Equity	42,118	37,479	33,301	30,868	27,429
Total Debt	2,286	4,167	3,638	4,165	4,114
Net Cash (Debt)	2,492	-1,445	-1,986	-2,574	-2,497
Net Cash Per Share	8.18	-4.74	-6.52	-8.45	-8.19
Filing Date Shares Outstanding	304.74	304.55	304.74	304.74	304.74
Total Common Shares Outstanding	304.74	304.55	304.74	304.74	304.74
Working Capital	15,844	12,891	11,732	10,402	8,846
Book Value Per Share	108.35	90.36	78.09	66.64	55.58
Tangible Book Value	32,383	26,879	23,172	19,732	16,355
Tangible Book Value Per Share	106.26	88.26	76.04	64.75	53.67
Land	-	1,100	1,123	1,045	907
Buildings	-	4,427	3,813	3,559	3,466
Machinery	-	13,224	10,488	8,310	7,705
Construction In Progress	-	1,173	1,658	1,391	378.9

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