Balu Forge Industries 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	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
Cash & Equivalents	378.19	930.79	879.4	51.45	59.18	23.68
Short-Term Investments	-	31.25	29.24	27.44	11.92	6.95
Cash & Short-Term Investments	378.19	962.03	908.64	78.89	71.1	30.62
Cash Growth	-83.86%	5.88%	1051.76%	10.96%	132.18%	2324.55%
Accounts Receivable	3,714	3,273	2,185	2,105	1,290	607.25
Other Receivables	-	70.36	86.4	77.39	107.34	67.22
Receivables	3,714	3,345	2,274	2,194	1,400	680.84
Inventory	1,336	980.9	894.67	348.22	423.27	199.35
Prepaid Expenses	-	12.18	9.56	3.03	10.24	0.64
Other Current Assets	1,171	377.13	842.73	364.14	441.51	370.28
Total Current Assets	6,600	5,677	4,930	2,989	2,346	1,282
Property, Plant & Equipment	7,545	5,675	1,545	223.74	164.42	98.65
Goodwill	325.45	325.45	325.45	325.45	325.45	325.45
Other Intangible Assets	0.11	0.16	0.25	0.49	0.43	0.04
Long-Term Deferred Tax Assets	-	16.92	37.76	21.16	-	5.98
Other Long-Term Assets	771.61	827.19	286.63	148.14	7.87	1.77
Total Assets	15,242	12,522	7,125	3,708	2,844	1,714
Accounts Payable	1,108	1,180	805.79	655.04	452.23	475.59
Accrued Expenses	3.11	13.14	6.89	19.72	11.15	11.68
Short-Term Debt	526.82	112	155.3	334.33	377.47	69.98
Current Portion of Long-Term Debt	-	86.55	84.06	62.08	13.4	65.39
Current Portion of Leases	31.44	38.66	0.11	5.22	3.89	5.17
Current Income Taxes Payable	551.21	318.32	166.19	115.26	86.16	-
Current Unearned Revenue	-	0.17	-0.11	4.41	0.44	-
Other Current Liabilities	248.48	68.32	119.03	409.9	226.26	184.72
Total Current Liabilities	2,469	1,817	1,337	1,606	1,171	812.53
Long-Term Debt	113.36	160.58	248.4	116.93	74.29	103.53
Long-Term Leases	143.73	0.06	0.06	0.16	4.88	15.9
Pension & Post-Retirement Benefits	13.05	11.85	9.27	8.23	7.45	6.55
Long-Term Deferred Tax Liabilities	13.32	-	-	-	0.45	-
Total Liabilities	2,753	1,990	1,595	1,731	1,258	938.5
Common Stock	1,140	1,108	1,026	833.65	823.15	686.15
Additional Paid-In Capital	-	4,800	2,589	394.04	394.04	-
Retained Earnings	-	3,705	1,683	756.18	367.05	76.16
Comprehensive Income & Other	11,349	919.18	232.14	-7.57	2.04	12.8
Shareholders' Equity	12,489	10,532	5,530	1,976	1,586	775.12
Total Liabilities & Equity	15,242	12,522	7,125	3,708	2,844	1,714
Total Debt	815.35	397.84	487.91	518.72	473.93	259.96
Net Cash (Debt)	-437.15	564.19	420.72	-439.83	-402.83	-229.34
Net Cash Growth	-	34.10%	-	-	-	-
Net Cash Per Share	-3.78	5.04	4.37	-5.28	-5.35	-5.70
Filing Date Shares Outstanding	106.97	110.77	102.59	83.36	82.31	74.16
Total Common Shares Outstanding	106.97	110.77	102.59	83.36	82.31	68.62
Working Capital	4,131	3,860	3,593	1,383	1,175	469.21
Book Value Per Share	116.76	95.08	53.90	23.71	19.27	11.30
Tangible Book Value	12,164	10,207	5,204	1,650	1,260	449.64
Tangible Book Value Per Share	113.72	92.14	50.72	19.80	15.31	6.55
Land	-	44.73	44.73	0.08	0.08	0.08
Buildings	-	13.31	11.16	11.01	9.11	9.11
Machinery	-	1,471	223.74	163.3	93.09	77.32
Construction In Progress	-	4,171	1,303	66.7	66.7	-

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