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	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	35,698	23,558	18,512	14,457	15,738	10,797
Short-Term Investments	3,119	249.1	204.1	173.9	-	-
Trading Asset Securities	-	1,632	1,919	1,302	-	-
Cash & Short-Term Investments	38,817	25,439	20,635	15,933	15,738	10,797
Cash Growth	27.31%	23.28%	29.51%	1.24%	45.76%	435.64%
Accounts Receivable	18,202	18,394	12,564	11,773	10,293	14,544
Other Receivables	42.1	2,844	5,670	2,256	1,207	4,840
Receivables	166,730	155,827	120,651	87,022	69,442	72,452
Inventory	21,720	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	15,297	10,068	8,701	8,758	6,143	1,896
Total Current Assets	242,565	215,200	170,243	128,876	105,368	97,390
Property, Plant & Equipment	48,619	46,321	44,932	46,982	42,405	41,488
Long-Term Investments	8,540	9,600	7,753	4,747	4,688	3,440
Goodwill	5,971	5,971	5,971	5,695	1,883	1,883
Other Intangible Assets	16,670	15,569	12,635	11,208	6,953	3,419
Long-Term Deferred Tax Assets	4,506	3,943	3,057	2,179	1,276	866.5
Other Long-Term Assets	5,867	5,011	4,493	4,396	3,719	3,599
Total Assets	449,457	422,205	352,329	271,267	219,927	193,588
Accounts Payable	76,974	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	141,281	80,284	77,528	43,019	25,812	23,476
Current Portion of Leases	1,471	2,154	1,858	1,269	636.6	476.2
Current Income Taxes Payable	339.4	345.8	160.5	-	-	-
Current Unearned Revenue	-	4,589	4,835	4,107	2,716	2,040
Other Current Liabilities	12,753	1,687	1,016	1,274	1,543	1,108
Total Current Liabilities	232,818	210,782	192,187	139,063	109,087	100,252
Long-Term Debt	121,925	126,293	90,641	73,058	62,803	52,212
Long-Term Leases	3,436	5,037	5,635	4,031	1,848	1,943
Long-Term Deferred Tax Liabilities	2,142	1,965	2,084	2,076	2,043	1,738
Other Long-Term Liabilities	3,217	1,742	1,472	1,344	1,091	633.4
Total Liabilities	363,537	347,094	293,231	220,737	177,782	157,558
Common Stock	475.1	475.1	475.1	475.1	475.1	475.1
Retained Earnings	-	67,036	53,753	42,774	36,761	32,436
Comprehensive Income & Other	77,115	324.4	822.4	745.3	1,030	-90.3
Total Common Equity	77,590	67,835	55,050	43,995	38,266	32,821
Minority Interest	8,330	7,276	4,049	6,536	3,879	3,209
Shareholders' Equity	85,920	75,111	59,099	50,530	42,145	36,030
Total Liabilities & Equity	449,457	422,205	352,329	271,267	219,927	193,588
Total Debt	268,113	260,057	223,756	158,272	121,792	115,915
Net Cash (Debt)	-229,296	-234,618	-203,121	-142,339	-106,054	-105,118
Net Cash Per Share	-482.70	-493.84	-427.54	-299.61	-223.23	-221.26
Filing Date Shares Outstanding	474.99	475.09	475.09	475.09	475.09	475.09
Total Common Shares Outstanding	474.99	475.09	475.09	475.09	475.09	475.09
Working Capital	9,747	4,418	-21,944	-10,187	-3,719	-2,862
Book Value Per Share	163.35	142.78	115.87	92.60	80.55	69.08
Tangible Book Value	54,950	46,296	36,444	27,091	29,430	27,519
Tangible Book Value Per Share	115.69	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.