Madhav Infra Projects 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	2016 - 2020
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	2016 - 2020
Cash & Equivalents	870.65	321.74	90.63	265.4	40.4	100.77	Upgrade
Cash & Short-Term Investments	870.65	321.74	90.63	265.4	40.4	100.77	Upgrade
Cash Growth	94.31%	254.99%	-65.85%	556.91%	-59.91%	656.28%	Upgrade
Accounts Receivable	662.24	2,037	1,487	1,970	1,401	1,023	Upgrade
Other Receivables	-	63.78	47.42	42.09	11.07	22.34	Upgrade
Receivables	665.75	2,105	1,538	2,016	1,420	1,050	Upgrade
Inventory	1,236	975.87	958.76	953.47	1,037	675.83	Upgrade
Prepaid Expenses	-	67.64	44.51	70.43	38.65	40.51	Upgrade
Restricted Cash	-	-	-	-	-	325.79	Upgrade
Other Current Assets	1,325	1,076	707.07	437.56	918.35	466.05	Upgrade
Total Current Assets	4,097	4,546	3,338	3,742	3,454	2,659	Upgrade
Property, Plant & Equipment	745.08	792.76	833.57	920.78	771.35	1,533	Upgrade
Long-Term Investments	212.39	367.9	284.9	382.51	324.92	380.09	Upgrade
Goodwill	-	-	-	-	46.33	46.33	Upgrade
Other Intangible Assets	422.38	105.48	110.95	116.41	121.88	127.35	Upgrade
Long-Term Deferred Tax Assets	10.05	10.05	6.71	1.51	25.11	22.42	Upgrade
Long-Term Deferred Charges	-	342.16	360.67	350.27	16.03	142.28	Upgrade
Other Long-Term Assets	333.11	302.6	127.22	224.11	157.58	154.97	Upgrade
Total Assets	5,820	6,467	5,062	5,738	4,917	5,065	Upgrade
Accounts Payable	890.13	1,287	1,031	871.5	842.44	304.9	Upgrade
Accrued Expenses	-	257.55	288.35	778.79	107.6	135.68	Upgrade
Short-Term Debt	-	355.64	129.83	399.17	296.11	522.51	Upgrade
Current Portion of Long-Term Debt	763.13	293.43	259.17	249.1	264.02	277.22	Upgrade
Current Income Taxes Payable	-	-	-	12.16	-	-	Upgrade
Current Unearned Revenue	-	30.21	18.75	10.83	38.29	133.35	Upgrade
Other Current Liabilities	555.78	1,012	96.25	106.44	76.56	197.14	Upgrade
Total Current Liabilities	2,209	3,236	1,824	2,428	1,625	1,571	Upgrade
Long-Term Debt	1,132	950.62	1,201	1,425	1,609	1,722	Upgrade
Pension & Post-Retirement Benefits	-	12.58	11.46	8.02	-	-	Upgrade
Other Long-Term Liabilities	141.95	127.34	112.24	173.11	314.52	459.36	Upgrade
Total Liabilities	3,483	4,327	3,148	4,034	3,549	3,752	Upgrade
Common Stock	269.58	269.58	269.58	269.58	256.23	256.23	Upgrade
Additional Paid-In Capital	-	161.16	161.16	161.16	40.98	40.98	Upgrade
Retained Earnings	-	1,386	1,142	838.99	500.03	444.28	Upgrade
Comprehensive Income & Other	2,056	311.89	311.89	396.44	175.84	43.11	Upgrade
Total Common Equity	2,326	2,128	1,885	1,666	973.08	784.6	Upgrade
Minority Interest	11.11	11.99	29.44	38.16	16.01	15.1	Upgrade
Shareholders' Equity	2,337	2,140	1,914	1,704	1,368	1,312	Upgrade
Total Liabilities & Equity	5,820	6,467	5,062	5,738	4,917	5,065	Upgrade
Total Debt	1,895	1,600	1,590	2,073	2,169	2,522	Upgrade
Net Cash (Debt)	-1,024	-1,278	-1,499	-1,807	-2,129	-2,421	Upgrade
Net Cash Per Share	-3.81	-4.77	-5.60	-6.75	-8.31	-12.93	Upgrade
Filing Date Shares Outstanding	272.64	269.58	269.58	269.58	256.23	256.23	Upgrade
Total Common Shares Outstanding	272.64	269.58	269.58	269.58	256.23	256.23	Upgrade
Working Capital	1,888	1,310	1,515	1,314	1,829	1,088	Upgrade
Book Value Per Share	8.53	7.89	6.99	6.18	3.80	3.06	Upgrade
Tangible Book Value	1,904	2,023	1,774	1,550	804.87	610.92	Upgrade
Tangible Book Value Per Share	6.98	7.50	6.58	5.75	3.14	2.38	Upgrade
Land	-	258.25	258.25	258.25	77.72	207.57	Upgrade
Buildings	-	8.15	8.15	8.15	8.15	71.97	Upgrade
Machinery	-	1,600	1,632	1,598	1,640	2,590	Upgrade
Construction In Progress	-	33.75	32.82	71.04	-	-	Upgrade

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