Vashu Bhagnani 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	37.22	7.97	11.04	1.94	2.76	1.84
Cash & Short-Term Investments	37.22	7.97	11.04	1.94	2.76	1.84
Cash Growth	90.98%	-27.83%	468.09%	-29.47%	50.05%	-45.65%
Accounts Receivable	796.64	757.44	694.14	430.01	317.76	206.34
Other Receivables	13.49	13.78	11.5	11.5	11.5	17.35
Receivables	869.17	828.14	761.11	496.48	379.81	229.95
Inventory	891.41	823.08	360.76	543.58	331.85	325.52
Prepaid Expenses	-	0.02	0.02	-	-	-
Other Current Assets	71.58	70.58	136.24	172.83	76.49	68.86
Total Current Assets	1,869	1,730	1,269	1,215	790.91	626.16
Property, Plant & Equipment	2.07	2.31	386.35	0.75	0.36	0.48
Other Long-Term Assets	6.38	1.75	3.05	5.44	13.32	15.55
Total Assets	2,138	1,994	1,709	1,221	804.59	642.19
Accounts Payable	466.21	464.92	525.06	621.83	230.58	186.49
Accrued Expenses	-	8.88	22.63	7.76	2.86	0.14
Short-Term Debt	0.63	8.3	116.12	124.17	86.67	29.05
Current Income Taxes Payable	-	-	16.48	-	-	-
Other Current Liabilities	23.24	21.82	48.72	38.92	89.42	60.59
Total Current Liabilities	490.08	503.93	729.01	792.69	409.54	276.27
Long-Term Debt	176.22	125.41	126.07	-	-	-
Long-Term Deferred Tax Liabilities	4.11	4.2	4.27	4.32	4.36	4.42
Other Long-Term Liabilities	13.13	13.13	65.13	-	-	-
Total Liabilities	683.53	646.66	924.48	797.01	413.9	280.69
Common Stock	639.54	554.39	350.04	45.33	45.33	45.33
Additional Paid-In Capital	-	408.7	-	-	-	-
Retained Earnings	-	215.6	153.13	372.27	343.6	315.62
Comprehensive Income & Other	815.25	53.68	7.45	6.41	1.77	0.56
Total Common Equity	1,455	1,232	510.61	424.02	390.69	361.51
Minority Interest	-	115.32	273.47	-	-	-
Shareholders' Equity	1,455	1,348	784.09	424.02	390.69	361.51
Total Liabilities & Equity	2,138	1,994	1,709	1,221	804.59	642.19
Total Debt	176.85	133.71	242.18	124.17	86.67	29.05
Net Cash (Debt)	-139.63	-125.74	-231.14	-122.22	-83.92	-27.21
Net Cash Per Share	-1.90	-1.71	-3.14	-3.49	-2.64	-0.86
Filing Date Shares Outstanding	65.33	55.44	35	35	35	35
Total Common Shares Outstanding	65.33	55.44	35	35	35	35
Working Capital	1,379	1,226	540.15	422.14	381.37	349.9
Book Value Per Share	22.27	22.23	14.59	12.11	11.16	10.33
Tangible Book Value	1,455	1,232	510.61	424.02	390.69	361.51
Tangible Book Value Per Share	22.27	22.23	14.59	12.11	11.16	10.33
Buildings	-	-	378.72	-	-	-
Machinery	-	4.16	8.98	1.84	1.33	1.33

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