Valiant Communications 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	-	35.92	177.79	52.94	48.71	50.59
Short-Term Investments	-	74.49	16.88	17.05	16.92	20.2
Trading Asset Securities	-	22.45	15.88	9.68	4.19	41.5
Cash & Short-Term Investments	300.23	132.86	210.55	79.66	69.82	112.29
Cash Growth	2.98%	-36.90%	164.32%	14.08%	-37.82%	37.62%
Accounts Receivable	-	197.2	108.64	36.67	29.86	76.63
Other Receivables	-	4.25	1.64	1.12	8.93	4.43
Receivables	-	201.45	110.28	37.79	38.79	81.06
Inventory	-	181.1	145.15	170.47	138.28	86.72
Prepaid Expenses	-	8.62	4.48	2.43	1.59	2.11
Other Current Assets	-	77.41	10.52	7.65	8.33	10.3
Total Current Assets	-	601.44	480.99	298	256.81	292.48
Property, Plant & Equipment	-	74.35	63.63	61.11	41.51	39.42
Other Intangible Assets	-	35.08	32.55	29.44	32.84	29.82
Long-Term Deferred Tax Assets	-	5.77	3.64	6.22	11.92	0.87
Other Long-Term Assets	-	2.23	3.24	5.38	1.52	6.4
Total Assets	-	718.86	584.05	400.16	344.61	368.99
Accounts Payable	-	42.42	12.46	30.79	16.94	9.32
Accrued Expenses	-	32.06	18.21	13.08	7.94	7.51
Current Portion of Long-Term Debt	-	5.22	3.89	2.95	-	-
Current Income Taxes Payable	-	3.93	4.6	-	1.05	4.07
Other Current Liabilities	-	3.95	11.51	8.22	7.18	5.46
Total Current Liabilities	-	87.58	50.67	55.04	33.11	26.36
Long-Term Debt	-	10.79	13.77	13.78	-	-
Long-Term Leases	-	4.56	0.78	1.5	1.21	0.66
Pension & Post-Retirement Benefits	-	-	-	-	0.22	0.35
Total Liabilities	-	102.94	65.22	70.32	34.54	27.36
Common Stock	-	76.28	76.28	72.24	72.24	72.24
Additional Paid-In Capital	-	211.53	211.53	89.68	89.68	89.68
Retained Earnings	-	302.33	206.95	144.55	127.45	153.67
Comprehensive Income & Other	-	25.36	23.64	22.95	20.28	25.62
Total Common Equity	717.74	615.5	518.4	329.41	309.63	341.2
Minority Interest	-	0.43	0.43	0.43	0.43	0.43
Shareholders' Equity	718.17	615.93	518.83	329.84	310.07	341.63
Total Liabilities & Equity	-	718.86	584.05	400.16	344.61	368.99
Total Debt	20.41	20.58	18.44	18.23	1.21	0.66
Net Cash (Debt)	279.82	112.28	192.11	61.43	68.61	111.64
Net Cash Growth	4.38%	-41.55%	212.75%	-10.48%	-38.54%	38.94%
Net Cash Per Share	24.45	9.81	17.67	5.67	6.33	10.30
Filing Date Shares Outstanding	11.43	11.44	11.44	10.84	10.84	10.84
Total Common Shares Outstanding	11.43	11.44	11.44	10.84	10.84	10.84
Working Capital	-	513.86	430.32	242.97	223.7	266.12
Book Value Per Share	94.15	53.79	45.31	30.40	28.58	31.49
Tangible Book Value	681.78	580.42	485.85	299.97	276.79	311.38
Tangible Book Value Per Share	89.44	50.73	42.46	27.68	25.55	28.74
Buildings	-	18.17	18.11	18.11	18.11	18.11
Machinery	-	129.38	119.14	106.82	81.37	73.33
Construction In Progress	-	4.91	-	-	-	-

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