VSF Projects 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	Jun '25 Jun 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	-	5.51	30.48	0.06	0.03	0.25
Short-Term Investments	-	-	-	6.85	6.85	6.85
Cash & Short-Term Investments	161.33	5.51	30.48	6.91	6.87	7.1
Cash Growth	294.56%	-81.92%	341.16%	0.50%	-3.21%	-1.26%
Accounts Receivable	-	-	-	-	0.06	0.06
Receivables	-	-	-	-	0.06	0.06
Prepaid Expenses	-	-	-	4.22	0.07	0.07
Other Current Assets	-	173.84	38.65	9.66	12.51	11.17
Total Current Assets	-	179.35	69.13	20.78	19.5	18.4
Property, Plant & Equipment	-	1,538	842.44	650.57	635.31	636.48
Other Intangible Assets	-	0.04	0.02	0.02	-	-
Long-Term Deferred Tax Assets	-	0.59	0.84	0.85	0.89	0.81
Other Long-Term Assets	-	-	-	0	-	0
Total Assets	-	1,718	912.42	672.22	655.7	655.69
Accounts Payable	-	105.37	81.9	20.04	19.61	20.45
Accrued Expenses	-	-	-	207.34	211.38	212.31
Short-Term Debt	-	-	-	-	0.01	-
Current Income Taxes Payable	-	-	0.45	0.9	0.58	-
Current Unearned Revenue	-	-	-	4.32	9.94	7.94
Other Current Liabilities	-	20.59	12.72	0.56	-	-
Total Current Liabilities	-	125.96	95.07	233.16	241.53	240.71
Long-Term Debt	-	604.37	315.36	149.34	156.45	156.45
Other Long-Term Liabilities	-	0	-	255	255	255
Total Liabilities	-	730.33	410.43	637.5	652.98	652.16
Common Stock	-	163.96	65.77	65.77	58.69	58.69
Additional Paid-In Capital	-	424.44	34.06	34.06	9.29	9.29
Retained Earnings	-	247.73	250.67	-102.79	-102.93	-102.13
Comprehensive Income & Other	-	151.49	151.49	37.67	37.67	37.67
Total Common Equity	987.62	987.62	501.99	34.72	2.72	3.53
Shareholders' Equity	987.62	987.62	501.99	34.72	2.72	3.53
Total Liabilities & Equity	-	1,718	912.42	672.22	655.7	655.69
Total Debt	604.37	604.37	315.36	149.34	156.46	156.45
Net Cash (Debt)	-443.04	-598.86	-284.88	-142.43	-149.59	-149.35
Net Cash Per Share	-23.14	-47.76	-43.31	-21.66	-25.49	-25.45
Filing Date Shares Outstanding	19.15	16.44	6.58	5.87	5.87	5.87
Total Common Shares Outstanding	19.15	16.44	6.58	5.87	5.87	5.87
Working Capital	-	53.4	-25.95	-212.38	-222.03	-222.31
Book Value Per Share	58.50	60.07	76.33	5.92	0.46	0.60
Tangible Book Value	987.59	987.59	501.97	34.7	2.72	3.53
Tangible Book Value Per Share	58.49	60.07	76.32	5.91	0.46	0.60
Land	-	633.54	633.05	-	633.5	633.5
Buildings	-	2.25	2.25	-	2.25	2.25
Machinery	-	22.36	2.68	-	10.06	10.06
Construction In Progress	-	885.37	208.7	15.81	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.