Vikram Thermo (India) Limited (BOM:530477)

Vikram Thermo (India) Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	186.7	48.47	1.62	28.81	33	13.82
Short-Term Investments	298.13	-	-	-	-	-
Trading Asset Securities	-	201.03	-	149.65	112.03	107.23
Cash & Short-Term Investments	484.83	249.51	1.62	178.45	145.03	121.05
Cash Growth	340.79%	15330.12%	-99.09%	23.05%	19.81%	16.20%
Accounts Receivable	554.17	459.67	442.43	393.09	333.54	236.47
Other Receivables	-	13.06	13.05	10	8.3	5.91
Receivables	554.17	473.05	455.71	403.35	342.05	242.61
Inventory	145.52	103.14	106.38	146.63	99.3	116.42
Prepaid Expenses	-	6.25	5.11	6.69	4.48	4.09
Other Current Assets	47.52	18.48	58.82	13.95	13.51	6.38
Total Current Assets	1,232	850.42	627.63	749.07	604.37	490.56
Property, Plant & Equipment	562.49	574.43	451.59	629.03	606.18	534.21
Other Intangible Assets	0.1	0.15	0.17	0.05	0.16	0.41
Other Long-Term Assets	420.01	454.1	379.53	38.59	51.35	8.34
Total Assets	2,215	1,879	1,459	1,427	1,272	1,044

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	180.92	123.92	103.72	127.37	107.09	97.06
Accrued Expenses	4.14	56.89	41.84	27.35	23.12	13.55
Short-Term Debt	11.14	-	16.86	-	96.21	42.63
Current Portion of Long-Term Debt	-	16.48	25.23	23.31	18.52	18.08
Current Portion of Leases	0.01	0.01	-	-	-	-
Current Income Taxes Payable	24.43	0.7	-	-	-	-
Other Current Liabilities	135.81	59.76	13.04	31.72	27.31	22.88
Total Current Liabilities	356.45	257.76	200.68	209.75	272.25	194.2
Long-Term Debt	33.2	29.41	21.88	47.13	70.41	88.44
Long-Term Leases	0.59	0.6	-	-	-	-
Long-Term Deferred Tax Liabilities	25.41	22.59	21.82	34.6	32.64	26.17
Other Long-Term Liabilities	0.45	0	-	0	-	0
Total Liabilities	416.11	310.37	244.39	291.48	375.29	308.81

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	313.58	313.58	313.58	313.58	313.58	62.72
Additional Paid-In Capital	-	48.23	48.23	48.23	48.23	48.23
Retained Earnings	-	1,207	852.71	773.47	534.96	623.76
Shareholders' Equity	1,799	1,569	1,215	1,135	896.77	734.7
Total Liabilities & Equity	2,215	1,879	1,459	1,427	1,272	1,044

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	44.94	46.49	63.98	70.44	185.14	149.15
Net Cash (Debt)	439.88	203.01	-62.36	108.02	-40.11	-28.1
Net Cash Growth	398.74%	-	-	-	-	-
Net Cash Per Share	14.03	6.47	-1.99	3.44	-1.28	-0.90
Filing Date Shares Outstanding	31.38	31.36	31.36	31.36	31.36	31.36
Total Common Shares Outstanding	31.38	31.36	31.36	31.36	31.36	31.36
Working Capital	875.58	592.65	426.95	539.32	332.12	296.36
Book Value Per Share	57.31	50.03	38.73	36.20	28.60	23.43
Tangible Book Value	1,798	1,569	1,214	1,135	896.61	734.29
Tangible Book Value Per Share	57.30	50.02	38.73	36.20	28.59	23.42
Land	-	83.05	78.44	135.49	132.37	71.14
Buildings	-	201.37	163.46	174.25	173.47	172.2
Machinery	-	431.22	323.37	475.83	439.34	399.84
Construction In Progress	-	0.41	2.36	14.32	-	-

Data Source: S&P Global Market Intelligence Last updated: Nov 4, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 10, 2026

Data Sources Report a data error