Hikal 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	138	130	127	267.3	114.41
Trading Asset Securities	-	-	-	-	102.68
Cash & Short-Term Investments	138	130	127	267.3	217.09
Cash Growth	6.15%	2.36%	-52.49%	23.13%	-40.63%
Accounts Receivable	4,416	5,234	5,577	4,565	4,474
Other Receivables	-	645	7	20.38	78.21
Receivables	4,419	5,884	5,589	4,587	4,555
Inventory	3,581	3,345	3,037	3,167	3,290
Prepaid Expenses	-	168	136	158.96	152.45
Other Current Assets	703	427	777	1,209	1,428
Total Current Assets	8,841	9,954	9,666	9,390	9,643
Property, Plant & Equipment	14,216	14,779	14,748	13,503	11,640
Long-Term Investments	95	103	54	91.39	6.38
Other Intangible Assets	58	78	101	101.95	102.9
Other Long-Term Assets	442	372	299	765.58	737.72
Total Assets	23,654	25,289	24,871	23,855	22,131
Accounts Payable	2,665	3,041	2,788	3,133	2,491
Accrued Expenses	-	487	362	299.81	309.79
Short-Term Debt	-	2,633	2,886	1,733	2,726
Current Portion of Long-Term Debt	3,075	1,316	1,033	847.61	1,152
Current Portion of Leases	5	2	2	2.3	3.56
Current Income Taxes Payable	13	127	120	139.74	122.89
Current Unearned Revenue	-	95	181	182.88	408.24
Other Current Liabilities	1,031	194	194	277.39	479.08
Total Current Liabilities	6,789	7,895	7,566	6,616	7,692
Long-Term Debt	3,731	3,672	4,229	4,899	2,867
Long-Term Leases	27	24	26	-	2.23
Long-Term Unearned Revenue	-	593	593	436.4	290.02
Pension & Post-Retirement Benefits	-	157	147	131.53	132.43
Long-Term Deferred Tax Liabilities	43	325	300	327.15	364.07
Other Long-Term Liabilities	1,076	-	133	110.71	103.87
Total Liabilities	11,666	12,666	12,994	12,520	11,451
Common Stock	247	247	247	246.6	246.6
Additional Paid-In Capital	-	381	381	381.23	381.23
Retained Earnings	-	11,481	10,735	10,193	9,539
Comprehensive Income & Other	11,741	514	514	513.52	513.2
Shareholders' Equity	11,988	12,623	11,877	11,335	10,680
Total Liabilities & Equity	23,654	25,289	24,871	23,855	22,131
Total Debt	6,838	7,647	8,176	7,482	6,750
Net Cash (Debt)	-6,700	-7,517	-8,049	-7,215	-6,533
Net Cash Per Share	-54.37	-60.96	-65.28	-58.51	-52.98
Filing Date Shares Outstanding	123.08	123.3	123.3	123.3	123.3
Total Common Shares Outstanding	123.08	123.3	123.3	123.3	123.3
Working Capital	2,052	2,059	2,100	2,775	1,951
Book Value Per Share	97.40	102.38	96.33	91.93	86.62
Tangible Book Value	11,930	12,545	11,776	11,233	10,577
Tangible Book Value Per Share	96.93	101.74	95.51	91.10	85.78
Land	-	582	582	582.1	582.1
Buildings	-	3,694	2,655	2,086	1,915
Machinery	-	17,090	13,901	12,216	10,629
Construction In Progress	-	1,212	4,143	4,021	2,852
Leasehold Improvements	-	6	6	5.58	5.58

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