CARE Ratings 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	Dec '25 Dec 31, 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	-	488.15	382.86	494.25	176.33	120.86
Short-Term Investments	-	5,919	5,849	5,063	4,400	180.78
Trading Asset Securities	-	-	-	-	-	1,865
Cash & Short-Term Investments	6,494	6,407	6,232	5,557	4,576	2,166
Cash Growth	-	2.81%	12.15%	21.42%	111.26%	80.75%
Accounts Receivable	-	349.5	302.21	269.25	234.31	340.78
Other Receivables	-	20.12	10.93	0.77	6.18	4.23
Receivables	-	382.01	322.67	272.92	242.68	348.57
Prepaid Expenses	-	21.63	34.3	32.29	27.65	29.85
Other Current Assets	-	110.21	156.22	155.78	792.98	2,913
Total Current Assets	-	6,921	6,745	6,018	5,640	5,457
Property, Plant & Equipment	-	1,016	978.48	973.52	872.91	767.87
Long-Term Investments	-	1,387	503.61	544.74	552.55	352.28
Goodwill	-	79.5	79.5	79.5	79.5	79.5
Other Intangible Assets	-	126.31	90.07	62.12	85.63	34.82
Long-Term Deferred Tax Assets	-	0.13	-	-	23.42	12.19
Other Long-Term Assets	-	36.04	17.07	15.05	17.78	9.58
Total Assets	-	9,577	8,418	7,696	7,274	6,718
Accounts Payable	-	-	4.77	-	51.34	37.74
Accrued Expenses	-	422.03	343.79	316.72	227.83	222.86
Current Portion of Leases	-	32.75	24.08	22.01	32.72	27.45
Current Income Taxes Payable	-	15.61	14.4	-	2.13	1.39
Current Unearned Revenue	-	348.91	269.65	130.96	161.98	207.79
Other Current Liabilities	-	158.75	130.08	108.4	36.32	31.67
Total Current Liabilities	-	978.05	786.77	578.1	512.32	528.89
Long-Term Leases	-	204.94	171.47	152.77	56.41	44.81
Pension & Post-Retirement Benefits	-	54.84	52.07	44	38.55	12.73
Long-Term Deferred Tax Liabilities	-	66.02	54.82	49.39	60.62	104.95
Other Long-Term Liabilities	-	118.57	106.61	81.51	78.08	95.96
Total Liabilities	-	1,422	1,172	905.77	745.98	787.34
Common Stock	-	299.32	298.52	297.01	296.47	294.61
Additional Paid-In Capital	-	925.64	875.37	757.48	736.96	651.76
Retained Earnings	-	6,672	5,839	5,496	5,256	4,670
Comprehensive Income & Other	-	165.3	158.79	172.04	185.62	272
Total Common Equity	8,624	8,063	7,171	6,722	6,475	5,888
Minority Interest	-	92.34	74.56	68.33	53.14	42.18
Shareholders' Equity	8,727	8,155	7,246	6,790	6,528	5,930
Total Liabilities & Equity	-	9,577	8,418	7,696	7,274	6,718
Total Debt	254.25	237.69	195.54	174.78	89.13	72.26
Net Cash (Debt)	6,240	6,170	6,037	5,382	4,487	2,094
Net Cash Growth	-	2.20%	12.16%	19.94%	114.29%	92.74%
Net Cash Per Share	207.34	205.39	202.18	181.49	151.22	70.96
Filing Date Shares Outstanding	30.01	29.93	29.85	29.7	29.65	29.46
Total Common Shares Outstanding	30.01	29.93	29.85	29.7	29.65	29.46
Working Capital	-	5,943	5,959	5,440	5,127	4,929
Book Value Per Share	287.62	269.37	240.23	226.33	218.40	199.86
Tangible Book Value	8,427	7,857	7,002	6,580	6,310	5,774
Tangible Book Value Per Share	281.07	262.49	234.55	221.56	212.83	195.98
Buildings	-	750.71	729.95	729.95	723.88	701.47
Machinery	-	360.91	318.92	279.16	218.67	140.1
Leasehold Improvements	-	20.02	16.74	2.23	1.29	1.47

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