Model N 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	2021
Period Ending	Jun '25 Jun 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	2021
Cash & Equivalents	-	1,015	1,065	4,222	101.39	335.25	Upgrade
Short-Term Investments	-	331.71	754.92	-	-	-	Upgrade
Cash & Short-Term Investments	1,347	1,347	1,820	4,222	101.39	335.25	Upgrade
Cash Growth	-26.00%	-26.00%	-56.89%	4064.59%	-69.76%	26.05%	Upgrade
Accounts Receivable	-	3,160	1,875	2,069	1,783	1,824	Upgrade
Other Receivables	-	-	6.95	25.25	23.9	28.72	Upgrade
Receivables	-	3,160	1,882	2,094	1,807	1,852	Upgrade
Inventory	-	3,379	3,163	3,179	2,330	1,458	Upgrade
Prepaid Expenses	-	-	46.06	33.24	29.18	20.78	Upgrade
Other Current Assets	-	280.74	176.32	591.69	234.86	129.92	Upgrade
Total Current Assets	-	8,167	7,088	10,120	4,503	3,796	Upgrade
Property, Plant & Equipment	-	1,911	1,645	1,404	1,156	1,033	Upgrade
Long-Term Investments	-	74.42	165.74	-	-	-	Upgrade
Other Intangible Assets	-	42.08	20.96	24.46	6.28	8.17	Upgrade
Long-Term Deferred Tax Assets	-	156.06	179.51	132.36	158.58	232.41	Upgrade
Other Long-Term Assets	-	48.38	208.29	206.64	70.96	55.46	Upgrade
Total Assets	-	10,399	9,308	11,887	5,894	5,125	Upgrade
Accounts Payable	-	1,894	974.04	1,418	1,185	1,275	Upgrade
Accrued Expenses	-	46.79	100.34	85.94	94.06	96.06	Upgrade
Short-Term Debt	-	-	1,079	2,278	2,072	2,053	Upgrade
Current Portion of Long-Term Debt	-	1,233	29.36	128.95	126.94	89.04	Upgrade
Current Portion of Leases	-	106.97	98.89	65.01	65.96	53.62	Upgrade
Current Income Taxes Payable	-	-	71.58	96.64	43.3	48.64	Upgrade
Other Current Liabilities	-	405.98	451	1,371	403.22	177.21	Upgrade
Total Current Liabilities	-	3,686	2,804	5,443	3,990	3,792	Upgrade
Long-Term Debt	-	183.54	533.48	655.95	741.83	811.77	Upgrade
Long-Term Leases	-	276.15	345.56	292.07	168.74	155.9	Upgrade
Long-Term Deferred Tax Liabilities	-	18.66	14.52	2	-	-	Upgrade
Other Long-Term Liabilities	-	118.51	45.39	42.1	41.91	25.04	Upgrade
Total Liabilities	-	4,283	3,834	6,517	5,006	4,843	Upgrade
Common Stock	-	132.31	131.43	115.91	15.97	15.97	Upgrade
Additional Paid-In Capital	-	-	4,289	1,270	536.9	539.63	Upgrade
Retained Earnings	-	-	1,771	1,490	972.01	370.09	Upgrade
Comprehensive Income & Other	-	5,983	-718.42	2,494	-637.04	-326.24	Upgrade
Total Common Equity	6,115	6,115	5,473	5,370	887.84	599.45	Upgrade
Minority Interest	-	-	-	-	-	-317.37	Upgrade
Shareholders' Equity	6,115	6,115	5,473	5,370	887.84	282.08	Upgrade
Total Liabilities & Equity	-	10,399	9,308	11,887	5,894	5,125	Upgrade
Total Debt	1,800	1,800	2,086	3,420	3,175	3,163	Upgrade
Net Cash (Debt)	-452.73	-452.73	-265.55	802.75	-3,074	-2,828	Upgrade
Net Cash Per Share	-6.74	-6.77	-3.98	13.93	-55.00	-52.77	Upgrade
Filing Date Shares Outstanding	66.42	66.16	65.71	65.29	55.88	53.58	Upgrade
Total Common Shares Outstanding	66.42	66.16	65.71	57.95	1.12	53.58	Upgrade
Working Capital	-	4,480	4,284	4,677	512.72	4.44	Upgrade
Book Value Per Share	92.44	92.44	83.29	92.66	794.37	11.19	Upgrade
Tangible Book Value	6,073	6,073	5,452	5,346	881.56	591.28	Upgrade
Tangible Book Value Per Share	91.80	91.80	82.97	92.24	788.75	11.04	Upgrade
Buildings	-	-	332.45	272.77	272.65	293.27	Upgrade
Machinery	-	-	1,081	881.86	736.08	707.88	Upgrade
Construction In Progress	-	-	196.45	152.85	19.65	-	Upgrade

Updated Feb 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.