Lactose (India) 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	-	44.81	15.3	5.81	19.24	21.62
Cash & Short-Term Investments	40.91	44.81	15.3	5.81	19.24	21.62
Cash Growth	22.98%	192.85%	163.34%	-69.80%	-11.03%	31.05%
Accounts Receivable	-	216.4	153.96	124.92	113.48	64.29
Other Receivables	-	32.24	8.71	4.93	4.89	5.7
Receivables	-	264.69	162.82	130.69	118.81	70.38
Inventory	-	245.53	167.93	227.8	71.19	83.22
Prepaid Expenses	-	3.95	2.65	3.21	3.91	3.64
Other Current Assets	-	14.28	5.74	6.5	14.35	18.18
Total Current Assets	-	573.26	354.44	374.01	227.49	197.03
Property, Plant & Equipment	-	625.11	546.05	560.61	591.97	629.56
Long-Term Investments	-	0	0.01	0.01	7.42	6.75
Other Intangible Assets	-	0.53	0.57	0.09	0.19	0.28
Other Long-Term Assets	-	135.77	106.33	78.2	75.17	49.82
Total Assets	-	1,335	1,007	1,013	902.22	883.44
Accounts Payable	-	106.42	83.03	182.26	40.38	21.67
Accrued Expenses	-	23.62	19.93	23.62	18.44	15.15
Short-Term Debt	-	233.87	62.65	0.3	12.97	26.88
Current Portion of Long-Term Debt	-	69.24	76.19	56.57	54.06	36.18
Current Portion of Leases	-	5.84	4.94	1.33	1.3	2.49
Current Income Taxes Payable	-	6.98	5.1	-	-	-
Current Unearned Revenue	-	2.9	2.12	0.27	8.18	5.78
Other Current Liabilities	-	0.03	0.05	0.35	13.78	8.11
Total Current Liabilities	-	448.9	253.99	264.68	149.11	116.26
Long-Term Debt	-	258.8	241.89	326.47	342.53	392.65
Long-Term Leases	-	0.53	6.87	-	2.4	3.27
Long-Term Unearned Revenue	-	2.89	3.16	-	-	8.19
Pension & Post-Retirement Benefits	-	12.94	11.49	9.34	9.55	7.62
Long-Term Deferred Tax Liabilities	-	23.23	19.01	6.8	5.8	4.58
Total Liabilities	-	747.27	536.4	607.3	509.38	532.55
Common Stock	-	125.89	125.89	125.89	125.89	114.37
Additional Paid-In Capital	-	130.85	130.85	130.85	130.85	118.18
Retained Earnings	-	260.03	208.4	140.51	128.43	103.91
Comprehensive Income & Other	-	70.62	5.85	8.35	7.68	14.43
Shareholders' Equity	623.97	587.4	470.99	405.61	392.85	350.89
Total Liabilities & Equity	-	1,335	1,007	1,013	902.22	883.44
Total Debt	541.5	568.28	392.53	384.67	413.25	461.46
Net Cash (Debt)	-500.6	-523.47	-377.23	-378.86	-394.02	-439.84
Net Cash Per Share	-39.93	-41.19	-29.96	-30.09	-33.72	-42.65
Filing Date Shares Outstanding	12.58	12.59	12.59	12.59	12.59	11.44
Total Common Shares Outstanding	12.58	12.59	12.59	12.59	12.59	11.44
Working Capital	-	124.36	100.46	109.32	78.39	80.78
Book Value Per Share	49.43	46.66	37.41	32.22	31.21	30.68
Tangible Book Value	623.51	586.87	470.42	405.52	392.66	350.61
Tangible Book Value Per Share	49.39	46.62	37.37	32.21	31.19	30.66
Land	-	28.03	28.03	28.03	28.03	28.03
Buildings	-	163.99	163.99	163.99	163.99	163.99
Machinery	-	668.36	644.03	619.79	608.3	574.23
Construction In Progress	-	102.39	-	-	-	35.18
Leasehold Improvements	-	1.49	-	-	-	-

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