Paul Merchants 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	-	186.45	250.66	222.33	206.13	113.83
Short-Term Investments	-	39.33	92.59	52.83	10.09	6.13
Trading Asset Securities	-	121.02	147.17	186.84	148.26	140.95
Cash & Short-Term Investments	6,962	346.81	490.41	461.99	364.48	260.91
Cash Growth	482.71%	-29.28%	6.15%	26.75%	39.70%	-48.58%
Accounts Receivable	-	59.13	55.21	49.31	27.11	22.01
Other Receivables	-	22.29	28.12	12.28	21.97	40.8
Receivables	-	219.99	9,782	7,272	4,982	3,954
Inventory	-	-	2.08	2.08	2.08	2.08
Prepaid Expenses	-	2.75	34.92	26.07	10.31	9.52
Other Current Assets	-	14,683	498.95	430.55	463.01	464.02
Total Current Assets	-	15,253	10,808	8,192	5,822	4,691
Property, Plant & Equipment	-	618.84	715.62	662.8	630.12	627.24
Long-Term Investments	-	-	-	-	3.9	-
Other Intangible Assets	-	3.73	4.16	11.58	7.7	5.98
Long-Term Deferred Tax Assets	-	25.17	28.88	25.18	22.08	22.76
Other Long-Term Assets	-	6.62	6.62	6.62	6.68	5.32
Total Assets	-	15,907	11,563	8,899	6,492	5,352
Accounts Payable	-	20.47	72.22	24.22	9.95	6.45
Accrued Expenses	-	161.69	597.34	279.14	213.44	164.76
Short-Term Debt	-	139.99	3,443	2,082	1,311	789.67
Current Portion of Long-Term Debt	-	14.18	13.37	2.66	2.86	4.59
Current Unearned Revenue	-	116	197.51	297.97	180.81	53.95
Other Current Liabilities	-	9,056	77.29	86.57	78.5	44.35
Total Current Liabilities	-	9,508	4,401	2,772	1,796	1,064
Long-Term Debt	-	79.68	1,471	987.59	3	-
Long-Term Unearned Revenue	-	0.06	0.13	0.2	0.05	0.11
Pension & Post-Retirement Benefits	-	29.77	37.86	29.06	23.02	19.81
Other Long-Term Liabilities	-	1.14	1.17	1.85	0.8	0.74
Total Liabilities	-	9,619	5,911	3,791	1,823	1,084
Common Stock	-	30.84	30.84	10.28	10.28	10.28
Additional Paid-In Capital	-	754.47	754.47	759.51	759.51	759.51
Retained Earnings	-	5,446	4,855	4,331	3,899	3,498
Comprehensive Income & Other	-	57.35	12.15	6.42	-	-
Total Common Equity	9,097	6,289	5,652	5,108	4,669	4,268
Shareholders' Equity	9,097	6,289	5,652	5,108	4,669	4,268
Total Liabilities & Equity	-	15,907	11,563	8,899	6,492	5,352
Total Debt	120.19	233.84	4,928	3,072	1,317	794.25
Net Cash (Debt)	6,842	112.97	-4,437	-2,610	-952.27	-533.35
Net Cash Per Share	2218.47	36.63	-1438.83	-846.30	-308.78	-172.94
Filing Date Shares Outstanding	3.08	3.08	3.08	3.08	3.08	3.08
Total Common Shares Outstanding	3.08	3.08	3.08	3.08	3.08	3.08
Working Capital	-	5,745	6,407	5,420	4,025	3,627
Book Value Per Share	2949.86	2039.17	1832.69	1656.18	1513.92	1383.81
Tangible Book Value	9,087	6,285	5,648	5,096	4,661	4,262
Tangible Book Value Per Share	2946.59	2037.96	1831.34	1652.42	1511.42	1381.87
Land	-	375.39	375.39	375.39	375.39	375.39
Buildings	-	260.68	254.31	254.31	254.31	254.31
Machinery	-	272.01	245.28	295.79	226.19	207.55
Construction In Progress	-	2.13	2.53	1.49	0.96	-
Leasehold Improvements	-	3.73	3.73	3.73	3.73	3.73

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