Star Cement 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	-	398.46	477.87	1,216	80.76	554.83
Short-Term Investments	-	51.93	467.59	1,885	3,765	4,148
Cash & Short-Term Investments	1,563	450.39	945.46	3,101	3,845	4,703
Cash Growth	572.78%	-52.36%	-69.51%	-19.35%	-18.23%	67.35%
Accounts Receivable	-	1,995	1,508	1,047	1,287	1,317
Other Receivables	-	1,711	98.97	389.29	1,316	2,315
Receivables	-	3,711	1,639	1,609	2,945	4,055
Inventory	-	5,650	4,287	4,788	2,572	2,347
Prepaid Expenses	-	106.58	82.32	89.65	94.94	114.6
Other Current Assets	-	429.02	702.67	385.93	188.04	1,025
Total Current Assets	-	10,347	7,657	9,974	9,645	12,245
Property, Plant & Equipment	-	26,329	24,325	14,376	10,278	9,484
Long-Term Investments	-	45.13	27.38	2,171	2,853	16.62
Other Intangible Assets	-	75.04	50.27	39.81	47.71	11.31
Long-Term Deferred Tax Assets	-	2,431	2,401	2,890	3,539	3,112
Long-Term Deferred Charges	-	-	-	-	-	0.04
Other Long-Term Assets	-	1,688	1,392	1,863	1,089	752.35
Total Assets	-	41,068	36,024	31,314	27,451	25,622
Accounts Payable	-	2,325	2,187	2,775	2,125	984.82
Accrued Expenses	-	2,553	1,972	1,473	1,254	1,816
Short-Term Debt	-	760.58	577.26	261.04	51.9	145.7
Current Portion of Long-Term Debt	-	213.07	-	-	1.87	5.54
Current Portion of Leases	-	54.94	44.49	44.09	22.66	13.8
Current Income Taxes Payable	-	34.71	36.6	10.94	19.69	25.06
Current Unearned Revenue	-	11.98	10.89	13.2	16.71	20.31
Other Current Liabilities	-	3,008	2,972	2,373	502.53	402.02
Total Current Liabilities	-	8,962	7,800	6,950	3,994	3,413
Long-Term Debt	-	2,927	721.03	-	-	1.87
Long-Term Leases	-	71.7	126.65	48.38	80.08	14.92
Long-Term Unearned Revenue	-	121.85	132.78	74.51	87.71	105.61
Pension & Post-Retirement Benefits	-	104.95	63.5	22.52	15.7	52.32
Other Long-Term Liabilities	-	91.66	78.68	54.73	1,590	1,292
Total Liabilities	-	12,279	8,923	7,150	5,767	4,880
Common Stock	-	404.18	404.18	404.18	404.18	412.43
Retained Earnings	-	28,006	26,316	23,378	20,899	19,957
Comprehensive Income & Other	-	381.44	381.37	381.17	381	372.4
Total Common Equity	30,085	28,792	27,101	24,164	21,684	20,742
Minority Interest	-	-2.53	-	-	-	-
Shareholders' Equity	30,072	28,789	27,101	24,164	21,684	20,742
Total Liabilities & Equity	-	41,068	36,024	31,314	27,451	25,622
Total Debt	6,432	4,028	1,469	353.51	156.52	181.84
Net Cash (Debt)	-4,869	-3,577	-523.97	2,748	3,689	4,521
Net Cash Growth	-	-	-	-25.51%	-18.40%	70.84%
Net Cash Per Share	-12.08	-8.85	-1.30	6.80	9.03	10.96
Filing Date Shares Outstanding	404.98	404.18	404.18	404.18	404.18	412.43
Total Common Shares Outstanding	404.98	404.18	404.18	404.18	404.18	412.43
Working Capital	-	1,385	-142.95	3,024	5,651	8,832
Book Value Per Share	74.43	71.24	67.05	59.78	53.65	50.29
Tangible Book Value	30,027	28,717	27,051	24,124	21,637	20,730
Tangible Book Value Per Share	74.28	71.05	66.93	59.69	53.53	50.26
Land	-	2,274	1,935	1,162	1,093	1,088
Buildings	-	5,740	4,141	3,520	3,208	2,626
Machinery	-	27,653	16,371	11,220	10,958	9,679
Construction In Progress	-	2,199	10,190	5,506	1,045	1,258

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