Jet Solar Limited (BOM:538794)

Jet Solar Balance Sheet

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

Assets

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	3.65	0.48	0.73	3.76	2.2
Short-Term Investments	104.4	104.4	-	-	-
Cash & Short-Term Investments	108.05	104.88	0.73	3.76	2.2
Cash Growth	3.02%	14266.99%	-80.58%	71.18%	-58.42%
Accounts Receivable	5.45	5.25	7.18	6.86	3.48
Other Receivables	0.05	-	-	13.05	13.3
Receivables	15.67	25.09	20.2	19.92	16.78
Inventory	14.14	17.97	21.71	22.29	19.74
Prepaid Expenses	0.45	-	-	-	-
Other Current Assets	82.96	77.59	28.47	27.21	27.21
Total Current Assets	221.27	225.54	71.11	73.18	65.92
Property, Plant & Equipment	0.02	0.75	0.81	0.88	0.96
Long-Term Deferred Tax Assets	0.18	0.18	0.18	0.18	0.18
Other Long-Term Assets	0.17	9.75	0.17	0.17	0.17
Total Assets	221.64	236.22	72.27	74.41	67.23

Liabilities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	0.84	0.85	1.03	1.07	0.42
Accrued Expenses	4.85	4.55	6.09	5.64	3.37
Short-Term Debt	3.03	4.28	4.44	6.86	3.79
Current Income Taxes Payable	0.14	0.16	0.22	-	-
Current Unearned Revenue	1.45	34.47	0.22	1.3	1.35
Other Current Liabilities	3.61	13.26	3.69	3.54	2.86
Total Current Liabilities	13.91	57.57	15.68	18.41	11.8
Total Liabilities	13.91	57.57	15.68	18.41	11.8

Shareholders' Equity

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	118.76	100.52	41.92	20.96	20.96
Additional Paid-In Capital	79.63	59.57	6.09	27.05	27.05
Retained Earnings	9.34	8.99	8.58	7.99	7.43
Comprehensive Income & Other	-	9.58	-	-	-
Shareholders' Equity	207.73	178.65	56.59	55.99	55.43
Total Liabilities & Equity	221.64	236.22	72.27	74.41	67.23

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	3.03	4.28	4.44	6.86	3.79
Net Cash (Debt)	105.02	100.6	-3.71	-3.1	-1.6
Net Cash Growth	4.39%	-	-	-	-
Net Cash Per Share	8.84	10.01	-0.88	-0.74	-0.38
Filing Date Shares Outstanding	11.88	10.05	6.5	4.19	4.19
Total Common Shares Outstanding	11.88	10.05	4.19	4.19	4.19
Working Capital	207.36	167.97	55.43	54.76	54.12
Book Value Per Share	17.49	17.77	13.50	13.36	13.22
Tangible Book Value	207.73	178.65	56.59	55.99	55.43
Tangible Book Value Per Share	17.49	17.77	13.50	13.36	13.22
Buildings	-	1.77	1.88	1.77	1.77
Machinery	1.45	1.46	1.36	1.47	1.47

Data Source: S&P Global Market Intelligence Last updated: Sep 2, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Sep 10, 2026

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