Valiant Communications 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	566.8	35.92	177.79	52.94	48.71
Short-Term Investments	57	74.49	16.88	17.05	16.92
Trading Asset Securities	-	22.45	15.88	9.68	4.19
Cash & Short-Term Investments	623.8	132.86	210.55	79.66	69.82
Cash Growth	369.52%	-36.90%	164.32%	14.08%	-37.82%
Accounts Receivable	189.1	197.2	108.64	36.67	29.86
Other Receivables	-	4.25	1.64	1.12	8.93
Receivables	189.1	201.45	110.28	37.79	38.79
Inventory	126	181.1	145.15	170.47	138.28
Prepaid Expenses	-	8.62	4.48	2.43	1.59
Other Current Assets	23.6	77.41	10.52	7.65	8.33
Total Current Assets	962.5	601.44	480.99	298	256.81
Property, Plant & Equipment	102.6	74.35	63.63	61.11	41.51
Other Intangible Assets	38.2	35.08	32.55	29.44	32.84
Long-Term Deferred Tax Assets	5.6	5.77	3.64	6.22	11.92
Other Long-Term Assets	6.5	2.23	3.24	5.38	1.52
Total Assets	1,115	718.86	584.05	400.16	344.61
Accounts Payable	55.3	42.42	12.46	30.79	16.94
Accrued Expenses	-	32.06	18.21	13.08	7.94
Short-Term Debt	5.7	-	-	-	-
Current Portion of Long-Term Debt	-	5.22	3.89	2.95	-
Current Income Taxes Payable	7	3.93	4.6	-	1.05
Other Current Liabilities	62.3	3.95	11.51	8.22	7.18
Total Current Liabilities	130.3	87.58	50.67	55.04	33.11
Long-Term Debt	15.9	10.79	13.77	13.78	-
Long-Term Leases	3.6	4.56	0.78	1.5	1.21
Pension & Post-Retirement Benefits	-	-	-	-	0.22
Other Long-Term Liabilities	0.2	-	-	-	-
Total Liabilities	150	102.94	65.22	70.32	34.54
Common Stock	114.4	76.28	76.28	72.24	72.24
Additional Paid-In Capital	-	211.53	211.53	89.68	89.68
Retained Earnings	-	302.33	206.95	144.55	127.45
Comprehensive Income & Other	850.6	25.36	23.64	22.95	20.28
Total Common Equity	965	615.5	518.4	329.41	309.63
Minority Interest	0.4	0.43	0.43	0.43	0.43
Shareholders' Equity	965.4	615.93	518.83	329.84	310.07
Total Liabilities & Equity	1,115	718.86	584.05	400.16	344.61
Total Debt	25.2	20.58	18.44	18.23	1.21
Net Cash (Debt)	598.6	112.28	192.11	61.43	68.61
Net Cash Growth	433.12%	-41.55%	212.75%	-10.48%	-38.54%
Net Cash Per Share	52.19	9.81	17.67	5.67	6.33
Filing Date Shares Outstanding	11.45	11.44	11.44	10.84	10.84
Total Common Shares Outstanding	11.45	11.44	11.44	10.84	10.84
Working Capital	832.2	513.86	430.32	242.97	223.7
Book Value Per Share	84.29	53.79	45.31	30.40	28.58
Tangible Book Value	926.8	580.42	485.85	299.97	276.79
Tangible Book Value Per Share	80.95	50.73	42.46	27.68	25.55
Buildings	-	18.17	18.11	18.11	18.11
Machinery	-	129.38	119.14	106.82	81.37
Construction In Progress	-	4.91	-	-	-