Maiden Forgings Limited (BOM:543874)

Maiden Forgings Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	19.81	26.53	24.79	31.85	30.02	36.28
Cash & Short-Term Investments	19.81	26.53	24.79	31.85	30.02	36.28
Cash Growth	-19.23%	7.01%	-22.17%	6.10%	-17.26%	70.84%
Accounts Receivable	309.61	296.91	222.58	249.94	271.47	330.57
Other Receivables	-	18.84	5.44	4.58	4.23	8.07
Receivables	309.61	315.74	228.02	254.51	275.7	338.64
Inventory	756.75	757.98	676.84	503.8	414.34	365.45
Prepaid Expenses	-	0.67	-	-	-	-
Other Current Assets	205.99	122.84	190.49	133.08	93.52	9.64
Total Current Assets	1,292	1,224	1,120	923.25	813.57	750.01
Property, Plant & Equipment	330.27	374.12	293.79	292.08	244.87	255.39
Long-Term Deferred Charges	2.25	2.25	0.02	7.29	0.11	-
Other Long-Term Assets	42.24	4.37	34.29	7.6	5	43.02
Total Assets	1,677	1,642	1,486	1,268	1,101	1,048
Accounts Payable	146.86	127.15	94.71	126.47	73.08	126.64
Accrued Expenses	-	8.42	0.67	8.14	0.82	4.95
Short-Term Debt	-	449.08	439.92	456.91	424.37	341.5
Current Portion of Long-Term Debt	446.92	44.89	34.61	46.73	78.12	65.13
Current Income Taxes Payable	29.59	25.32	38.41	36.78	9.29	8.65
Other Current Liabilities	22.66	17.5	9.58	8.4	7.76	5.76
Total Current Liabilities	646.03	672.36	617.89	683.42	593.45	552.64
Long-Term Debt	239.83	199.03	152.18	171.77	192.71	201.39
Pension & Post-Retirement Benefits	1.57	1.72	1.46	2.31	-	0.22
Long-Term Deferred Tax Liabilities	4.31	4.54	4.94	3.45	3.2	4.27
Other Long-Term Liabilities	-	0	-0	0	-0	-0
Total Liabilities	891.74	877.66	776.46	860.95	789.35	758.51
Common Stock	142.12	142.12	142.12	104.28	52.14	52.14
Additional Paid-In Capital	-	282.76	282.76	115.3	167.44	167.44
Retained Earnings	-	339.84	284.78	187.58	92.5	70.34
Shareholders' Equity	785.68	764.71	709.65	407.15	312.07	289.91
Total Liabilities & Equity	1,677	1,642	1,486	1,268	1,101	1,048
Total Debt	686.75	693	626.71	675.4	695.2	608.02
Net Cash (Debt)	-666.93	-666.47	-601.92	-643.55	-665.18	-571.74
Net Cash Per Share	-47.02	-46.94	-42.36	-61.70	-63.79	-54.83
Filing Date Shares Outstanding	14.17	14.21	14.21	10.43	10.43	10.43
Total Common Shares Outstanding	14.17	14.21	14.21	10.43	10.43	10.43
Working Capital	646.13	551.41	502.25	239.83	220.12	197.38
Book Value Per Share	55.45	53.81	49.93	39.04	29.93	27.80
Tangible Book Value	785.68	764.71	709.65	407.15	312.07	289.91
Tangible Book Value Per Share	55.45	53.81	49.93	39.04	29.93	27.80
Land	-	172	61.97	61.97	61.97	61.97
Buildings	-	25.61	25.56	25.56	25.56	25.56
Machinery	-	489.37	481.68	435.47	351.97	328.46
Construction In Progress	-	2.46	-	-	-	-

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