Fervent Synergies Balance Sheet

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	2.9	0.55	0.12	2.12	2.87
Cash & Short-Term Investments	2.9	0.55	0.12	2.12	2.87
Cash Growth	425.14%	349.59%	-94.20%	-26.01%	-94.35%
Accounts Receivable	-	-	-	14.07	8.98
Other Receivables	2.94	0.02	0.76	1.73	2.37
Receivables	492.94	410.02	228.26	270.8	266.34
Other Current Assets	-	2.31	1.48	0.96	1.02
Total Current Assets	495.84	412.88	229.87	273.88	270.23
Property, Plant & Equipment	14.7	4.54	4.9	5.3	5.65
Long-Term Investments	0.05	-	-	-	-
Other Long-Term Assets	70.3	70.35	70.35	155.36	155.36
Total Assets	580.88	487.77	305.11	434.54	431.24
Accrued Expenses	0.4	0.35	0.24	0.23	0.22
Current Portion of Long-Term Debt	0.79	-	-	-	-
Current Income Taxes Payable	-	0.01	-	1.07	0.04
Other Current Liabilities	1.05	-	0.05	0.03	0.1
Total Current Liabilities	2.24	0.35	0.29	1.33	0.35
Long-Term Debt	6.15	-	-	-	-
Pension & Post-Retirement Benefits	0.33	0.47	0.5	0.42	0.4
Long-Term Deferred Tax Liabilities	0.67	0.52	0.57	0.61	0.63
Other Long-Term Liabilities	-	0	-	0	-0
Total Liabilities	9.39	1.35	1.35	2.36	1.37
Common Stock	500	437.5	300	300	300
Additional Paid-In Capital	-	10	10	10	10
Retained Earnings	-	23.29	-6.24	122.17	119.87
Comprehensive Income & Other	71.49	15.63	-	-	-
Shareholders' Equity	571.49	486.42	303.76	432.17	429.87
Total Liabilities & Equity	580.88	487.77	305.11	434.54	431.24
Total Debt	6.94	-	-	-	-
Net Cash (Debt)	-4.03	0.55	0.12	2.12	2.87
Net Cash Growth	-	349.59%	-94.20%	-26.01%	-94.35%
Net Cash Per Share	-0.08	0.01	0.00	0.07	0.10
Filing Date Shares Outstanding	51.08	43.75	30	30	30
Total Common Shares Outstanding	51.08	43.75	30	30	30
Working Capital	493.6	412.52	229.58	272.55	269.88
Book Value Per Share	11.19	11.12	10.13	14.41	14.33
Tangible Book Value	571.49	486.42	303.76	432.17	429.87
Tangible Book Value Per Share	11.19	11.12	10.13	14.41	14.33
Buildings	-	5.35	5.35	5.35	5.35
Machinery	-	2.87	2.84	2.84	2.8

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