Suratwwala Business Group 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	32.12	10.71	55.15	7.57	5.41	6.95
Short-Term Investments	-	-	-	-	-	19.08
Trading Asset Securities	99.93	110.36	22.43	9.48	3.54	-
Cash & Short-Term Investments	132.05	121.07	77.58	17.04	8.95	26.03
Cash Growth	225.80%	56.06%	355.16%	90.52%	-65.63%	126.23%
Accounts Receivable	144.83	42.36	68.2	6.83	8.02	105.6
Other Receivables	-	-	-	-	1.44	16.29
Receivables	144.83	42.36	68.2	6.83	9.45	121.89
Inventory	1,426	1,317	1,059	1,031	708.87	427.88
Prepaid Expenses	-	-	-	-	-	0.8
Other Current Assets	68.55	59.2	19.84	7.94	16.66	43.95
Total Current Assets	1,771	1,539	1,225	1,063	743.93	620.54
Property, Plant & Equipment	294.83	271.28	12.47	7.54	9.72	5.17
Long-Term Investments	0.03	2.1	2.01	2.01	1.01	4.28
Long-Term Deferred Tax Assets	0.99	1.19	1.39	2	3.38	0.52
Other Long-Term Assets	89.49	38.97	31.37	128.27	357.75	105.5
Total Assets	2,156	1,853	1,272	1,203	1,116	736.01
Accounts Payable	220.06	127.53	93.96	80.72	19.91	15.44
Accrued Expenses	1.08	69.27	62.62	25.98	8.4	21.68
Short-Term Debt	-	69.08	324.44	261.91	304.08	-
Current Portion of Long-Term Debt	84.17	11.34	0.56	1.11	0.27	-
Current Portion of Leases	0.68	0.99	1.19	0.95	0.81	-
Current Income Taxes Payable	9.12	22.02	-	52.47	36.66	19.49
Current Unearned Revenue	-	0.03	6.71	2.32	-	-
Other Current Liabilities	381.45	199.16	135.19	593.32	708.92	166.12
Total Current Liabilities	696.56	499.41	624.66	1,019	1,079	222.73
Long-Term Debt	566.58	645.67	50.27	50.77	126.79	242.67
Long-Term Leases	-	0.17	1.08	1.41	3.17	-
Pension & Post-Retirement Benefits	-	0.13	0.12	1.23	1.01	-
Other Long-Term Liabilities	5.98	5.92	3.76	5.8	6.3	-
Total Liabilities	1,271	1,151	679.89	1,078	1,216	465.41
Common Stock	173.42	173.42	173.42	173.42	173.42	173.42
Additional Paid-In Capital	-	23	23	23	23	23
Retained Earnings	-	490.94	382.18	-85.21	-297.51	74.19
Total Common Equity	820.89	687.35	578.6	111.21	-101.1	270.61
Minority Interest	64.44	14.06	13.63	13.62	0.56	-
Shareholders' Equity	885.33	701.42	592.23	124.83	-100.54	270.61
Total Liabilities & Equity	2,156	1,853	1,272	1,203	1,116	736.01
Total Debt	651.42	727.25	377.54	316.14	435.12	242.67
Net Cash (Debt)	-519.37	-606.18	-299.96	-299.1	-426.17	-216.65
Net Cash Per Share	-2.97	-3.50	-1.73	-1.72	-2.46	-1.40
Filing Date Shares Outstanding	177.45	173.42	173.42	173.42	173.42	173.42
Total Common Shares Outstanding	177.45	173.42	173.42	173.42	173.42	173.42
Working Capital	1,075	1,040	600.22	44.22	-335.13	397.81
Book Value Per Share	4.63	3.96	3.34	0.64	-0.58	1.56
Tangible Book Value	820.89	687.35	578.6	111.21	-101.1	270.61
Tangible Book Value Per Share	4.63	3.96	3.34	0.64	-0.58	1.56
Land	-	201.72	-	-	-	-
Machinery	-	35.22	31.13	22.78	20.71	18.54
Construction In Progress	-	57.43	-	-	-	-

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