Max India Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	1,142	226.95	1,160	887.27	137.82
Short-Term Investments	173.1	868.25	1,284	2,313	2,270
Trading Asset Securities	-	337.16	517.34	647.96	1,576
Cash & Short-Term Investments	1,315	1,432	2,961	3,848	3,984
Cash Growth	-8.21%	-51.63%	-23.04%	-3.42%	-10.69%
Accounts Receivable	-	225.3	53.15	36.39	64.93
Other Receivables	5.4	18.92	22.43	31.79	18.87
Receivables	1,770	244.22	75.86	68.19	83.8
Inventory	155.2	166.41	61.26	510.11	1,304
Prepaid Expenses	-	16.74	10.57	11.82	6.8
Other Current Assets	565.9	745.51	323.32	153.17	113.25
Total Current Assets	3,806	2,605	3,432	4,591	5,492
Property, Plant & Equipment	1,828	1,738	1,218	906.63	895.4
Long-Term Investments	166.6	196.13	117.25	259.19	199.33
Goodwill	1.2	1.21	1.21	1.21	1.21
Other Intangible Assets	138.3	165.59	131.54	2.48	2.53
Long-Term Deferred Tax Assets	15.4	-	-	-	12.77
Other Long-Term Assets	418.8	1,365	1,713	1,340	1,403
Total Assets	6,693	6,329	6,843	7,534	8,583
Accounts Payable	342.4	309.88	235.42	109.02	95.12
Accrued Expenses	-	243.85	160.28	72.23	37.77
Short-Term Debt	6.6	4.89	3.66	0.76	13.82
Current Portion of Leases	84.5	59.21	40.9	43.52	24.46
Current Income Taxes Payable	4.4	1.04	1.55	22.05	0.21
Current Unearned Revenue	-	52.54	-	-	-
Other Current Liabilities	1,179	981.11	946.58	1,367	1,360
Total Current Liabilities	1,617	1,653	1,388	1,614	1,532
Long-Term Debt	10.9	9.38	8.19	223.37	389.81
Long-Term Leases	860.1	949.52	382.9	185.3	179.53
Pension & Post-Retirement Benefits	-	59.25	66.95	51.05	43.07
Long-Term Deferred Tax Liabilities	-	10.31	11.42	10.03	-
Other Long-Term Liabilities	121.4	60.63	62.14	28.79	25.2
Total Liabilities	2,610	2,742	1,920	2,113	2,169
Common Stock	525.2	435.89	431.71	430.29	537.86
Additional Paid-In Capital	-	102.61	63.9	51.14	51.14
Retained Earnings	-	-2,243	-839.01	-270.25	-166.45
Comprehensive Income & Other	3,558	5,291	5,267	5,210	5,991
Total Common Equity	4,083	3,587	4,923	5,421	6,414
Shareholders' Equity	4,083	3,587	4,923	5,421	6,414
Total Liabilities & Equity	6,693	6,329	6,843	7,534	8,583
Total Debt	962.1	1,023	435.65	452.95	607.63
Net Cash (Debt)	352.7	409.37	2,526	3,395	3,377
Net Cash Growth	-13.84%	-83.79%	-25.60%	0.55%	12.08%
Net Cash Per Share	6.90	9.48	58.59	71.37	62.78
Filing Date Shares Outstanding	52.56	52.2	43.17	43.03	53.79
Total Common Shares Outstanding	52.56	43.59	43.17	43.03	53.79
Working Capital	2,189	952.73	2,044	2,977	3,960
Book Value Per Share	77.68	82.29	114.05	125.99	119.24
Tangible Book Value	3,944	3,420	4,791	5,417	6,410
Tangible Book Value Per Share	75.03	78.46	110.97	125.90	119.17
Land	-	192.38	192.38	192.38	192.38
Buildings	-	515.28	821.17	821.17	821.17
Machinery	-	387.58	357.72	316.82	293.34
Construction In Progress	-	206.9	96.82	-	-
Leasehold Improvements	-	151.11	33.19	40.16	39.25