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

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