Race Eco Chain Limited (BOM:537785)

Race Eco Chain 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	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	-	4.35	30.97	10.96	41.3	1.82
Short-Term Investments	-	-	-	-	-	54.04
Cash & Short-Term Investments	258.6	4.35	30.97	10.96	41.3	55.87
Cash Growth	310.38%	-85.96%	182.56%	-73.46%	-26.08%	23.79%
Accounts Receivable	-	551.05	366.48	172.14	145.7	63.13
Other Receivables	-	-	-	0.27	-	2.65
Receivables	-	663.09	400.76	276.16	204.61	65.78
Inventory	-	9.64	6.15	2.94	44.37	37.89
Other Current Assets	-	26.37	21.16	11.62	18.41	3.93
Total Current Assets	-	703.45	459.05	301.68	308.69	163.47
Property, Plant & Equipment	-	107.49	28.1	25.71	11.33	16.12
Long-Term Investments	-	14.15	0.01	0.01	-	1.54
Other Intangible Assets	-	0.95	0.95	0.7	0.33	-
Long-Term Deferred Tax Assets	-	-	2.5	1.98	1.25	1.11
Other Long-Term Assets	-	3.57	1.19	6.57	0.2	86.58
Total Assets	-	829.61	491.8	336.65	321.8	268.82
Accounts Payable	-	167.64	117.18	75.08	52.7	10.56
Accrued Expenses	-	2.62	3.89	2.93	12.52	1.43
Short-Term Debt	-	370.82	152.36	48.66	66.18	66.91
Current Portion of Long-Term Debt	-	-	0.77	-	-	0.43
Current Portion of Leases	-	1.91	-	0.38	-	-
Current Income Taxes Payable	-	9.43	7.09	1.86	5.95	1.04
Other Current Liabilities	-	1.19	1.31	12.19	0	14.03
Total Current Liabilities	-	553.62	282.59	141.09	137.35	94.4
Long-Term Debt	-	-	1.97	-	0.48	0.48
Long-Term Leases	-	52.44	-	1.89	-	-
Long-Term Deferred Tax Liabilities	-	0.2	-	-	-	-
Other Long-Term Liabilities	-	-0	-	-	-	-
Total Liabilities	-	607.24	286.1	143.98	140.65	97.64
Common Stock	-	164.32	164.32	164.32	164.32	164.32
Retained Earnings	-	57.78	41.38	28.34	16.83	6.86
Total Common Equity	728.79	222.11	205.7	192.67	181.15	171.18
Minority Interest	-	0.27	-	-	-	-
Shareholders' Equity	728.79	222.37	205.7	192.67	181.15	171.18
Total Liabilities & Equity	-	829.61	491.8	336.65	321.8	268.82
Total Debt	215.52	425.17	155.1	50.92	66.66	67.82
Net Cash (Debt)	43.08	-420.82	-124.12	-39.96	-25.36	-11.95
Net Cash Per Share	2.61	-25.61	-7.55	-2.43	-1.54	-0.65
Filing Date Shares Outstanding	15.37	16.43	16.43	16.43	16.43	16.43
Total Common Shares Outstanding	15.37	16.43	16.43	16.43	16.43	16.43
Working Capital	-	149.83	176.45	160.59	171.34	69.07
Book Value Per Share	42.25	13.52	12.52	11.72	11.02	10.42
Tangible Book Value	728.48	221.16	204.75	191.97	180.82	171.18
Tangible Book Value Per Share	42.24	13.46	12.46	11.68	11.00	10.42
Land	-	0.46	0.46	0.46	2.49	2.49
Buildings	-	23.17	23.17	23.17	10.06	10.06
Machinery	-	32.66	24.5	17.43	13.01	26.12
Construction In Progress	-	26.25	-	-	0.99	-

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