VSF Projects Limited (BOM:519331)

VSF Projects Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	-	10	5.51	30.48	0.06	0.03
Short-Term Investments	-	-	-	-	6.85	6.85
Cash & Short-Term Investments	10	10	5.51	30.48	6.91	6.87
Cash Growth	-93.80%	81.53%	-81.92%	341.16%	0.50%	-3.21%
Accounts Receivable	-	-	-	-	-	0.06
Receivables	-	-	-	-	-	0.06
Prepaid Expenses	-	-	-	-	4.22	0.07
Other Current Assets	-	84.41	173.84	38.65	9.66	12.51
Total Current Assets	-	94.42	179.35	69.13	20.78	19.5
Property, Plant & Equipment	-	1,819	1,538	842.44	650.57	635.31
Other Intangible Assets	-	0.03	0.04	0.02	0.02	-
Long-Term Deferred Tax Assets	-	0.28	0.59	0.84	0.85	0.89
Other Long-Term Assets	-	0	-	-	0	-
Total Assets	-	1,914	1,718	912.42	672.22	655.7

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	-	77.13	105.37	81.9	20.04	19.61
Accrued Expenses	-	-	-	-	207.34	211.38
Short-Term Debt	-	-	-	-	-	0.01
Current Income Taxes Payable	-	-	-	0.45	0.9	0.58
Current Unearned Revenue	-	-	-	-	4.32	9.94
Other Current Liabilities	-	6.52	20.59	12.72	0.56	-
Total Current Liabilities	-	83.65	125.96	95.07	233.16	241.53
Long-Term Debt	-	846.83	604.37	315.36	149.34	156.45
Other Long-Term Liabilities	-	-	0	-	255	255
Total Liabilities	-	930.48	730.33	410.43	637.5	652.98

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	-	163.96	163.96	65.77	65.77	58.69
Additional Paid-In Capital	-	-	424.44	34.06	34.06	9.29
Retained Earnings	-	-	247.73	250.67	-102.79	-102.93
Comprehensive Income & Other	-	819.34	151.49	151.49	37.67	37.67
Total Common Equity	983.3	983.3	987.62	501.99	34.72	2.72
Shareholders' Equity	983.3	983.3	987.62	501.99	34.72	2.72
Total Liabilities & Equity	-	1,914	1,718	912.42	672.22	655.7

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	846.83	846.83	604.37	315.36	149.34	156.46
Net Cash (Debt)	-836.82	-836.82	-598.86	-284.88	-142.43	-149.59
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-52.66	-50.34	-47.76	-43.31	-21.66	-25.49
Filing Date Shares Outstanding	16.23	16.55	16.44	6.58	5.87	5.87
Total Common Shares Outstanding	16.23	16.55	16.44	6.58	5.87	5.87
Working Capital	-	10.77	53.4	-25.95	-212.38	-222.03
Book Value Per Share	59.43	59.43	60.07	76.33	5.92	0.46
Tangible Book Value	983.27	983.27	987.59	501.97	34.7	2.72
Tangible Book Value Per Share	59.43	59.43	60.07	76.32	5.91	0.46
Land	-	-	633.54	633.05	-	633.5
Buildings	-	-	2.25	2.25	-	2.25
Machinery	-	-	22.36	2.68	-	10.06
Construction In Progress	-	-	885.37	208.7	15.81	-

Data Source: S&P Global Market Intelligence Last updated: Aug 10, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 11, 2026

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