TVS Motor Company Limited (BOM: 532343)

TVS Motor Company Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	-	23,558	18,512	14,457	15,738	10,797
Short-Term Investments	-	249.1	204.1	173.9	-	-
Trading Asset Securities	-	1,632	1,919	1,302	-	-
Cash & Short-Term Investments	25,439	25,439	20,635	15,933	15,738	10,797
Cash Growth	23.28%	23.28%	29.51%	1.24%	45.76%	435.64%
Accounts Receivable	-	18,394	12,564	11,773	10,293	14,544
Other Receivables	-	2,844	5,670	2,256	1,207	4,840
Receivables	-	155,827	120,651	87,022	69,442	72,452
Inventory	-	22,484	19,215	16,424	13,674	11,885
Prepaid Expenses	-	1,382	1,041	740.3	371.4	360.2
Other Current Assets	-	10,068	8,701	8,758	6,143	1,896
Total Current Assets	-	215,200	170,243	128,876	105,368	97,390
Property, Plant & Equipment	-	46,321	44,932	46,982	42,405	41,488
Long-Term Investments	-	9,600	7,753	4,747	4,688	3,440
Goodwill	-	5,971	5,971	5,695	1,883	1,883
Other Intangible Assets	-	15,569	12,635	11,208	6,953	3,419
Long-Term Deferred Tax Assets	-	3,943	3,057	2,179	1,276	866.5
Other Long-Term Assets	-	5,011	4,493	4,396	3,719	3,599
Total Assets	-	422,205	352,329	271,267	219,927	193,588
Accounts Payable	-	66,382	50,967	46,631	42,986	31,868
Accrued Expenses	-	9,051	7,729	5,868	4,701	3,477
Short-Term Debt	-	46,289	48,094	36,896	30,693	37,807
Current Portion of Long-Term Debt	-	80,284	77,528	43,019	25,812	23,476
Current Portion of Leases	-	2,154	1,858	1,269	636.6	476.2
Current Income Taxes Payable	-	345.8	160.5	-	-	-
Current Unearned Revenue	-	4,589	4,835	4,107	2,716	2,040
Other Current Liabilities	-	1,687	1,016	1,274	1,543	1,108
Total Current Liabilities	-	210,782	192,187	139,063	109,087	100,252
Long-Term Debt	-	126,293	90,641	73,058	62,803	52,212
Long-Term Leases	-	5,037	5,635	4,031	1,848	1,943
Long-Term Deferred Tax Liabilities	-	1,965	2,084	2,076	2,043	1,738
Other Long-Term Liabilities	-	1,742	1,472	1,344	1,091	633.4
Total Liabilities	-	347,094	293,231	220,737	177,782	157,558
Common Stock	-	475.1	475.1	475.1	475.1	475.1
Retained Earnings	-	67,036	53,753	42,774	36,761	32,436
Comprensive Income & Other	-	324.4	822.4	745.3	1,030	-90.3
Total Common Equity	67,835	67,835	55,050	43,995	38,266	32,821
Minority Interest	-	7,276	4,049	6,536	3,879	3,209
Shareholders' Equity	75,111	75,111	59,099	50,530	42,145	36,030
Total Liabilities & Equity	-	422,205	352,329	271,267	219,927	193,588
Total Debt	260,057	260,057	223,756	158,272	121,792	115,915
Net Cash (Debt)	-234,618	-234,618	-203,121	-142,339	-106,054	-105,118
Net Cash Per Share	-493.85	-493.84	-427.54	-299.61	-223.23	-221.26
Filing Date Shares Outstanding	475.13	475.09	475.09	475.09	475.09	475.09
Total Common Shares Outstanding	475.13	475.09	475.09	475.09	475.09	475.09
Working Capital	-	4,418	-21,944	-10,187	-3,719	-2,862
Book Value Per Share	142.78	142.78	115.87	92.60	80.55	69.08
Tangible Book Value	46,296	46,296	36,444	27,091	29,430	27,519
Tangible Book Value Per Share	97.45	97.45	76.71	57.02	61.95	57.92
Land	-	5,629	5,117	3,581	3,384	2,916
Buildings	-	12,642	11,589	13,564	9,789	9,464
Machinery	-	64,006	59,922	60,625	52,516	48,745
Construction In Progress	-	3,380	3,158	3,202	8,739	8,471

Source: S&P Capital IQ. Standard template. Financial Sources.