Garg Furnace 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	-	99.75	59.75	8.04	20.34	12.42
Cash & Short-Term Investments	47.91	99.75	59.75	8.04	20.34	12.42
Cash Growth	-67.28%	66.94%	643.60%	-60.49%	63.76%	714.89%
Accounts Receivable	-	232.24	225.36	176.25	102.42	107.76
Other Receivables	-	4.11	3.8	3.97	3.08	1.8
Receivables	-	236.36	229.16	180.21	105.5	109.56
Inventory	-	161.65	76.28	154.67	168.48	112.3
Prepaid Expenses	-	0.36	0.34	0.36	0.16	0.19
Other Current Assets	-	56.63	58.31	47.64	8.62	8.39
Total Current Assets	-	554.74	423.83	390.92	303.1	242.86
Property, Plant & Equipment	-	145.69	140.95	150.45	148	142.53
Long-Term Investments	-	40.28	3.86	3.81	3.77	4.54
Long-Term Accounts Receivable	-	8.02	9.38	10.89	11.92	15.99
Other Long-Term Assets	-	30.44	31.58	31.71	31.6	25.57
Total Assets	-	779.17	609.6	587.77	498.38	438.98
Accounts Payable	-	70.86	87.07	88.09	73.22	69.34
Accrued Expenses	-	68.68	14.71	37.54	12.6	15.87
Current Portion of Long-Term Debt	-	1.04	0.94	6.27	12.27	11.01
Other Current Liabilities	-	1.39	3.87	205.83	160.94	189.12
Total Current Liabilities	-	141.98	106.59	337.71	259.03	285.34
Long-Term Debt	-	12.97	14.01	41.32	90.42	66.69
Pension & Post-Retirement Benefits	-	1.74	1.89	1.76	1.61	2.18
Total Liabilities	-	156.69	122.49	380.8	351.05	354.2
Common Stock	-	50.09	46.09	40.09	40.09	40.09
Additional Paid-In Capital	-	241.53	167.53	56.53	56.53	56.53
Retained Earnings	-	237.97	161.61	106.02	46.63	-16.6
Comprehensive Income & Other	-	92.9	111.89	4.34	4.08	4.76
Shareholders' Equity	1,244	622.48	487.11	206.98	147.33	84.78
Total Liabilities & Equity	-	779.17	609.6	587.77	498.38	438.98
Total Debt	14.38	14.01	14.96	47.59	102.69	77.7
Net Cash (Debt)	33.53	85.73	44.79	-39.55	-82.35	-65.28
Net Cash Growth	-74.59%	91.40%	-	-	-	-
Net Cash Per Share	5.71	15.84	9.35	-9.87	-20.54	-16.28
Filing Date Shares Outstanding	6.12	5.01	4.61	4.01	4.01	4.01
Total Common Shares Outstanding	6.12	5.01	4.61	4.01	4.01	4.01
Working Capital	-	412.76	317.24	53.21	44.07	-42.48
Book Value Per Share	160.48	124.28	105.69	51.63	36.75	21.15
Tangible Book Value	896.37	622.48	487.11	206.98	147.33	84.78
Tangible Book Value Per Share	155.29	124.28	105.69	51.63	36.75	21.15
Land	-	2.47	2.47	2.47	2.47	2.47
Buildings	-	55.04	55.04	55.04	55.04	55.04
Machinery	-	194.07	177.56	168.74	158.86	140.02
Construction In Progress	-	1.16	-	2.68	-	-

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