Highway Infrastructure 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	Dec '25 Dec 31, 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	-	92.55	168.48	38	6.09	9.62
Short-Term Investments	-	-	-	-	11	29.33
Cash & Short-Term Investments	528.32	92.55	168.48	38	17.09	38.95
Cash Growth	-	-45.07%	343.37%	122.33%	-56.12%	-63.42%
Accounts Receivable	-	398.29	272.35	229.55	155.94	125.02
Other Receivables	-	57.01	-	-	0.5	0.76
Receivables	-	455.3	272.35	229.55	160.32	139.71
Inventory	-	866.02	697.84	604.64	604.15	411.83
Prepaid Expenses	-	8.48	6.1	6.05	4.07	5.28
Other Current Assets	-	488.16	438.4	244.77	318.53	320.91
Total Current Assets	-	1,911	1,583	1,123	1,104	916.68
Property, Plant & Equipment	-	114.75	129.73	137.96	146.23	168.05
Long-Term Investments	-	-	-	-	0.51	0.51
Other Intangible Assets	-	0.03	0.09	0.23	0.37	0.51
Long-Term Deferred Tax Assets	-	1.47	1.34	-0.61	-	-
Other Long-Term Assets	-	176.36	252.69	289.49	152.76	151.97
Total Assets	-	2,316	2,026	1,566	1,404	1,238
Accounts Payable	-	154.26	142.26	73.17	88.67	171.33
Accrued Expenses	-	33.09	14.42	7.38	8.83	13.63
Short-Term Debt	-	568.64	592.64	404.92	267.58	198.38
Current Portion of Long-Term Debt	-	18.84	19.23	31.48	31.79	26.16
Current Portion of Leases	-	1.65	1.47	0.42	-	-
Current Income Taxes Payable	-	-	-	-	28.79	24.35
Current Unearned Revenue	-	26.52	8.37	11.29	-	-
Other Current Liabilities	-	199.67	155.17	85.37	218.71	89.66
Total Current Liabilities	-	1,003	933.56	614.03	644.35	523.51
Long-Term Debt	-	130.67	84.35	197.2	125.76	54.21
Long-Term Leases	-	1.35	3	2.26	-	-
Pension & Post-Retirement Benefits	-	3.71	3.58	4.3	4.24	3.97
Long-Term Deferred Tax Liabilities	-	-	-	-	1.74	2.6
Other Long-Term Liabilities	-	-	-	-	1.51	110.68
Total Liabilities	-	1,138	1,024	817.79	777.61	694.96
Common Stock	-	288.95	96.32	96.32	96.32	96.32
Retained Earnings	-	838.95	834.88	644.4	528.29	445.12
Comprehensive Income & Other	-	0.46	0.5	0.51	-	-
Total Common Equity	2,106	1,128	931.7	741.23	624.61	541.44
Minority Interest	-	48.86	70.15	6.88	1.81	1.33
Shareholders' Equity	2,111	1,177	1,002	748.11	626.42	542.76
Total Liabilities & Equity	-	2,316	2,026	1,566	1,404	1,238
Total Debt	584.1	721.15	700.69	636.28	425.13	278.76
Net Cash (Debt)	-55.78	-628.6	-532.21	-598.28	-408.03	-239.81
Net Cash Per Share	-0.86	-10.88	-9.21	-10.35	-7.06	-4.18
Filing Date Shares Outstanding	66.74	71.72	57.79	57.79	57.79	57.79
Total Common Shares Outstanding	66.74	57.79	57.79	57.79	57.79	57.79
Working Capital	-	907.84	649.61	508.98	459.81	393.17
Book Value Per Share	28.11	19.53	16.12	12.83	10.81	9.37
Tangible Book Value	2,106	1,128	931.61	741	624.24	540.93
Tangible Book Value Per Share	28.11	19.52	16.12	12.82	10.80	9.36
Machinery	-	183.01	195.47	182.9	312.03	317.96
Construction In Progress	-	-	-	-	0.18	-
Order Backlog	-	5,311	3,456	2,249	-	-

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