Vikram Thermo (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	2016 - 2020
Period Ending	Sep '25 Sep 30, 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	2016 - 2020
Cash & Equivalents	45.19	1.62	28.81	33	13.82	1.47	Upgrade
Short-Term Investments	64.81	-	-	-	-	-	Upgrade
Trading Asset Securities	-	-	149.65	112.03	107.23	102.7	Upgrade
Cash & Short-Term Investments	109.99	1.62	178.45	145.03	121.05	104.17	Upgrade
Cash Growth	-36.66%	-99.09%	23.05%	19.81%	16.20%	278.36%	Upgrade
Accounts Receivable	455.84	442.43	393.09	333.54	236.47	199.26	Upgrade
Other Receivables	-	13.05	10	8.3	5.91	1.89	Upgrade
Receivables	455.84	455.71	403.35	342.05	242.61	202.33	Upgrade
Inventory	112.91	106.38	146.63	99.3	116.42	90.82	Upgrade
Prepaid Expenses	-	5.11	6.69	4.48	4.09	4.94	Upgrade
Other Current Assets	71.71	58.82	13.95	13.51	6.38	10.81	Upgrade
Total Current Assets	750.45	627.63	749.07	604.37	490.56	413.07	Upgrade
Property, Plant & Equipment	533.44	451.59	629.03	606.18	534.21	500.22	Upgrade
Other Intangible Assets	0.13	0.17	0.05	0.16	0.41	0.85	Upgrade
Other Long-Term Assets	367.29	379.53	38.59	51.35	8.34	9.16	Upgrade
Total Assets	1,651	1,459	1,427	1,272	1,044	923.29	Upgrade
Accounts Payable	118.15	103.72	127.37	107.09	97.06	88.88	Upgrade
Accrued Expenses	3.55	41.84	27.35	23.12	13.55	11.11	Upgrade
Short-Term Debt	-	16.86	-	96.21	42.63	4.05	Upgrade
Current Portion of Long-Term Debt	14.79	25.23	23.31	18.52	18.08	34.22	Upgrade
Current Income Taxes Payable	13.26	-	-	-	-	6.05	Upgrade
Other Current Liabilities	97.74	13.04	31.72	27.31	22.88	36.88	Upgrade
Total Current Liabilities	247.49	200.68	209.75	272.25	194.2	181.18	Upgrade
Long-Term Debt	6.4	21.88	47.13	70.41	88.44	66.02	Upgrade
Long-Term Deferred Tax Liabilities	23.63	21.82	34.6	32.64	26.17	19.18	Upgrade
Other Long-Term Liabilities	0	-	0	-	0	-	Upgrade
Total Liabilities	278.12	244.39	291.48	375.29	308.81	266.38	Upgrade
Common Stock	313.58	313.58	313.58	313.58	62.72	62.72	Upgrade
Additional Paid-In Capital	-	48.23	48.23	48.23	48.23	48.23	Upgrade
Retained Earnings	-	852.71	773.47	534.96	623.76	545.97	Upgrade
Shareholders' Equity	1,373	1,215	1,135	896.77	734.7	656.92	Upgrade
Total Liabilities & Equity	1,651	1,459	1,427	1,272	1,044	923.29	Upgrade
Total Debt	21.79	63.98	70.44	185.14	149.15	104.28	Upgrade
Net Cash (Debt)	88.2	-62.36	108.02	-40.11	-28.1	-0.11	Upgrade
Net Cash Per Share	2.81	-1.99	3.44	-1.28	-0.90	-0.00	Upgrade
Filing Date Shares Outstanding	31.38	31.36	31.36	31.36	31.36	31.36	Upgrade
Total Common Shares Outstanding	31.38	31.36	31.36	31.36	31.36	31.36	Upgrade
Working Capital	502.96	426.95	539.32	332.12	296.36	231.89	Upgrade
Book Value Per Share	43.76	38.73	36.20	28.60	23.43	20.95	Upgrade
Tangible Book Value	1,373	1,214	1,135	896.61	734.29	656.07	Upgrade
Tangible Book Value Per Share	43.76	38.73	36.20	28.59	23.42	20.92	Upgrade
Land	-	78.44	135.49	132.37	71.14	44.66	Upgrade
Buildings	-	163.46	174.25	173.47	172.2	140.7	Upgrade
Machinery	-	323.37	475.83	439.34	399.84	221.13	Upgrade
Construction In Progress	-	2.36	14.32	-	-	176.57	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.