VRL Logistics 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	-	531.3	182.61	116.11	139.92	186.69
Short-Term Investments	-	-	-	0.82	2.29	0.53
Trading Asset Securities	-	-	-	150.18	-	-
Cash & Short-Term Investments	607.37	531.3	182.61	267.11	142.21	187.21
Cash Growth	142.92%	190.95%	-31.64%	87.82%	-24.04%	44.98%
Accounts Receivable	-	928.74	884.87	816.94	672.59	639.37
Other Receivables	-	11.88	8.24	18.85	18.63	25.03
Receivables	-	940.62	893.12	835.79	691.21	664.4
Inventory	-	429.03	411.91	527.93	458.55	395.12
Prepaid Expenses	-	251.23	268.53	234.86	225.29	217.27
Other Current Assets	-	372.45	331.88	922.98	193.54	303.24
Total Current Assets	-	2,525	2,088	2,789	1,711	1,767
Property, Plant & Equipment	-	22,566	19,229	15,195	11,317	9,574
Long-Term Investments	-	0.55	0.53	1.53	0.82	0.58
Other Intangible Assets	-	3.13	3.36	1.73	4.05	6.41
Other Long-Term Assets	-	762.64	818.76	929.99	770.39	637.58
Total Assets	-	25,857	22,140	18,917	13,803	11,986
Accounts Payable	-	130.67	152.57	142.12	200.59	135.54
Accrued Expenses	-	1,034	870.9	787.77	744.48	714.16
Short-Term Debt	-	-	391.57	437.1	343.11	642.34
Current Portion of Long-Term Debt	-	787.54	570.8	280.67	277.72	158.59
Current Portion of Leases	-	1,749	1,725	1,255	950.23	788.54
Current Income Taxes Payable	-	114.15	-	17.29	20.23	48.16
Current Unearned Revenue	-	91.98	119.16	117.41	113.37	85.96
Other Current Liabilities	-	7.82	34.19	24.6	2.04	12.41
Total Current Liabilities	-	3,915	3,865	3,062	2,652	2,586
Long-Term Debt	-	3,684	1,830	1,073	814	394.78
Long-Term Leases	-	6,037	5,845	4,152	2,981	2,233
Pension & Post-Retirement Benefits	-	322.37	228.87	181.29	187.6	126.12
Long-Term Deferred Tax Liabilities	-	777.73	671.93	461.23	386.19	440.08
Other Long-Term Liabilities	-	275.18	240.82	229.94	265.98	234.36
Total Liabilities	-	15,011	12,682	9,159	7,287	6,014
Common Stock	-	874.69	874.69	883.44	883.44	883.44
Additional Paid-In Capital	-	369.4	369.4	1,136	1,136	1,136
Retained Earnings	-	9,564	8,176	7,710	4,467	3,923
Comprehensive Income & Other	-	37.75	37.75	29	29	29
Shareholders' Equity	10,957	10,846	9,458	9,758	6,516	5,971
Total Liabilities & Equity	-	25,857	22,140	18,917	13,803	11,986
Total Debt	11,075	12,258	10,363	7,197	5,366	4,218
Net Cash (Debt)	-10,467	-11,726	-10,181	-6,930	-5,224	-4,030
Net Cash Per Share	-59.76	-67.03	-58.17	-39.22	-29.57	-22.32
Filing Date Shares Outstanding	174.94	174.94	174.94	176.66	176.69	176.69
Total Common Shares Outstanding	174.94	174.94	174.94	176.66	176.69	176.69
Working Capital	-	-1,391	-1,776	-272.88	-940.94	-818.46
Book Value Per Share	62.63	62.00	54.06	55.24	36.88	33.80
Tangible Book Value	10,954	10,842	9,455	9,757	6,512	5,965
Tangible Book Value Per Share	62.62	61.98	54.05	55.23	36.86	33.76
Land	-	3,897	1,472	1,472	1,546	1,481
Buildings	-	1,957	1,363	1,331	1,432	1,391
Machinery	-	15,226	14,029	11,807	10,282	9,055
Construction In Progress	-	150.84	235.58	383.67	349.8	60.76
Leasehold Improvements	-	107.52	188.96	121.93	123.6	122.64

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.