Waaree Energies 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	67,284	5,098	1,214	2,537	1,392
Short-Term Investments	6,605	33,389	711.5	15,138	3,603
Cash & Short-Term Investments	73,889	38,488	1,925	17,675	4,995
Cash Growth	91.98%	1898.94%	-89.11%	253.83%	243.91%
Accounts Receivable	24,923	11,848	9,714	3,126	925.24
Other Receivables	-	1,322	732.3	473.52	445.66
Receivables	24,923	13,283	10,693	3,736	1,532
Inventory	58,556	26,921	25,855	27,089	5,382
Prepaid Expenses	-	691.6	493.8	128.04	88.97
Other Current Assets	18,401	52,185	41,164	6,202	786.06
Total Current Assets	175,770	131,568	80,131	54,829	12,783
Property, Plant & Equipment	107,403	59,090	27,777	16,284	7,340
Long-Term Investments	2,923	199.8	69	1,548	475.73
Goodwill	264.5	63.4	63.4	63.43	63.43
Other Intangible Assets	228.3	43.1	69.3	73.16	76.73
Long-Term Accounts Receivable	-	-	-	-	44.85
Long-Term Deferred Tax Assets	1,558	460.3	832.1	142.77	180.25
Other Long-Term Assets	13,006	6,049	4,196	1,258	751.19
Total Assets	301,154	197,474	113,137	74,199	21,716
Accounts Payable	31,078	22,549	14,752	20,174	4,689
Accrued Expenses	-	1,097	658	535.88	132.33
Short-Term Debt	-	9,121	1,779	493.57	419.38
Current Portion of Long-Term Debt	16,764	31.9	368.7	782.96	821.74
Current Portion of Leases	748.8	352.6	285.9	87.42	76.28
Current Income Taxes Payable	2,934	1,481	2,898	854.05	197.26
Current Unearned Revenue	-	46,875	21,132	23,556	6,588
Other Current Liabilities	75,552	6,354	12,358	2,809	1,393
Total Current Liabilities	127,077	87,861	54,232	49,292	14,318
Long-Term Debt	8,151	241.8	1,026	1,458	1,890
Long-Term Leases	6,462	2,243	2,075	380.5	426.97
Long-Term Unearned Revenue	5,508	7,201	12,355	3,277	4.1
Pension & Post-Retirement Benefits	-	3.7	0.1	-	-
Long-Term Deferred Tax Liabilities	1,303	413.4	371	479.44	264.1
Other Long-Term Liabilities	2,544	3,557	1,594	692.62	414.27
Total Liabilities	151,045	101,521	71,653	55,581	17,317
Common Stock	2,877	2,873	2,630	2,434	1,971
Additional Paid-In Capital	-	54,407	19,570	9,731	-
Retained Earnings	-	36,768	18,084	5,722	2,250
Comprehensive Income & Other	141,497	744.2	594.9	496.78	55.21
Total Common Equity	144,373	94,792	40,878	18,384	4,277
Minority Interest	5,736	1,161	606.8	234.44	122.02
Shareholders' Equity	150,109	95,953	41,485	18,619	4,399
Total Liabilities & Equity	301,154	197,474	113,137	74,199	21,716
Total Debt	32,126	11,990	5,534	3,203	3,634
Net Cash (Debt)	41,763	26,498	-3,609	14,472	1,361
Net Cash Growth	57.61%	-	-	963.22%	-
Net Cash Per Share	144.98	96.43	-13.96	64.67	6.90
Filing Date Shares Outstanding	287.48	287.28	262.96	243.37	197.14
Total Common Shares Outstanding	287.48	287.28	262.96	243.37	197.14
Working Capital	48,693	43,707	25,899	5,537	-1,535
Book Value Per Share	502.20	329.96	155.45	75.54	21.69
Tangible Book Value	143,881	94,686	40,745	18,248	4,136
Tangible Book Value Per Share	500.48	329.59	154.95	74.98	20.98
Land	-	4,838	2,961	2,916	1,499
Buildings	-	6,607	1,667	908.95	646.21
Machinery	-	32,940	11,971	8,742	4,636
Construction In Progress	-	18,840	13,413	5,370	1,227
Leasehold Improvements	-	112.7	61.5	60.75	59.99
Order Backlog	-	490,000	-	-	-

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