Race Eco Chain 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	100.45	52.67	4.35	30.97	10.96	41.3
Short-Term Investments	4.16	-	-	-	-	-
Cash & Short-Term Investments	104.6	52.67	4.35	30.97	10.96	41.3
Cash Growth	-59.55%	1110.74%	-85.96%	182.56%	-73.46%	-26.08%
Accounts Receivable	1,118	1,194	551.05	366.48	172.14	145.7
Other Receivables	-	-	-	-	0.27	-
Receivables	1,120	1,207	663.09	400.76	276.16	204.61
Inventory	30.3	12.41	9.64	6.15	2.94	44.37
Other Current Assets	259.28	138.54	26.37	21.16	11.62	18.41
Total Current Assets	1,515	1,410	703.45	459.05	301.68	308.69
Property, Plant & Equipment	143.25	108.98	108.11	28.1	25.71	11.33
Long-Term Investments	276.09	143.46	14.15	0.01	0.01	-
Goodwill	0.46	0.13	-	-	-	-
Other Intangible Assets	0.35	0.3	0.33	0.95	0.7	0.33
Long-Term Deferred Tax Assets	10.56	5.34	-	2.5	1.98	1.25
Other Long-Term Assets	73.76	155	3.57	1.19	6.57	0.2
Total Assets	2,019	1,823	829.61	491.8	336.65	321.8
Accounts Payable	305.68	359.82	167.64	117.18	75.08	52.7
Accrued Expenses	30.1	49.9	2.32	3.89	2.93	12.52
Short-Term Debt	668.34	615.04	370.82	152.36	48.66	66.18
Current Portion of Long-Term Debt	-	-	-	0.77	-	-
Current Portion of Leases	0.22	0.21	1.91	-	0.38	-
Current Income Taxes Payable	-	16.56	9.43	7.09	1.86	5.95
Other Current Liabilities	124.57	0.17	1.5	1.31	12.19	0
Total Current Liabilities	1,129	1,042	553.61	282.59	141.09	137.35
Long-Term Debt	43.67	-	-	1.97	-	0.48
Long-Term Leases	0.77	0.88	52.44	-	1.89	-
Pension & Post-Retirement Benefits	1.48	1.48	0.98	1.54	1	2.82
Long-Term Deferred Tax Liabilities	-	-	0.2	-	-	-
Other Long-Term Liabilities	-	-	0	-	-	-
Total Liabilities	1,175	1,044	607.24	286.1	143.98	140.65
Common Stock	172.57	172.57	164.32	164.32	164.32	164.32
Additional Paid-In Capital	-	282.15	-	-	-	-
Retained Earnings	-	96.08	54.54	41.38	28.34	16.83
Comprehensive Income & Other	556.06	164.95	3.25	-	-	-
Total Common Equity	728.64	715.74	222.11	205.7	192.67	181.15
Minority Interest	115.51	63.57	0.27	-	-	-
Shareholders' Equity	844.15	779.31	222.37	205.7	192.67	181.15
Total Liabilities & Equity	2,019	1,823	829.61	491.8	336.65	321.8
Total Debt	713	616.13	425.17	155.1	50.92	66.66
Net Cash (Debt)	-608.4	-563.46	-420.82	-124.12	-39.96	-25.36
Net Cash Per Share	-36.70	-32.94	-24.97	-7.55	-2.43	-1.54
Filing Date Shares Outstanding	16.26	17.26	16.43	16.43	16.43	16.43
Total Common Shares Outstanding	16.26	17.26	16.43	16.43	16.43	16.43
Working Capital	385.59	368.46	149.83	176.45	160.59	171.34
Book Value Per Share	44.81	41.48	13.52	12.52	11.72	11.02
Tangible Book Value	727.82	715.32	221.78	204.75	191.97	180.82
Tangible Book Value Per Share	44.76	41.45	13.50	12.46	11.68	11.00
Land	-	65.86	0.46	0.46	0.46	2.49
Buildings	-	23.17	23.17	23.17	23.17	10.06
Machinery	-	49.46	32.66	24.5	17.43	13.01
Construction In Progress	-	5.19	26.25	-	-	0.99

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