Dev Accelerator 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	-	33.63	5.43	5.44	17.8	8.37
Cash & Short-Term Investments	416.29	33.63	5.43	5.44	17.8	8.37
Cash Growth	-	519.34%	-0.18%	-69.44%	112.61%	-
Accounts Receivable	-	492.24	118.78	36.5	19.47	9.41
Receivables	-	498.82	395.44	36.5	19.47	23.08
Inventory	-	-	-	2.66	0.78	-
Prepaid Expenses	-	313.28	192.4	125.45	46.73	-
Other Current Assets	-	188.73	77.71	53.44	23.18	6.72
Total Current Assets	-	1,034	670.98	223.49	107.96	38.17
Property, Plant & Equipment	-	2,895	2,644	2,277	787.61	556.18
Long-Term Investments	-	531.48	90.95	9.5	7.81	2.68
Goodwill	-	0.45	0.45	-	-	-
Other Intangible Assets	-	42.58	48.93	1.54	1.82	1.74
Long-Term Deferred Tax Assets	-	141.71	133.79	41.96	9.84	2.19
Other Long-Term Assets	-	392.71	438.44	269.05	92.28	67.62
Total Assets	-	5,404	4,111	2,824	1,008	668.82
Accounts Payable	-	390.89	231.4	170.44	67.15	40.56
Accrued Expenses	-	144.43	58.15	51.93	12.61	9.96
Short-Term Debt	-	108.28	265.18	78.96	12.51	3.03
Current Portion of Long-Term Debt	-	209.08	44.2	13.94	21.06	-
Current Portion of Leases	-	637.93	489.62	387.85	142.35	96.01
Current Unearned Revenue	-	-	5.36	22.6	9.71	0.23
Other Current Liabilities	-	7.33	2.69	0.79	4.82	1.63
Total Current Liabilities	-	1,498	1,097	726.51	270.21	151.43
Long-Term Debt	-	989.37	701.12	239.11	105.19	63.04
Long-Term Leases	-	1,911	1,749	1,631	570.36	415.24
Pension & Post-Retirement Benefits	-	3.38	1.96	1.18	0.68	-
Other Long-Term Liabilities	-	453.72	274.25	214.33	82.83	32.96
Total Liabilities	-	4,856	3,823	2,812	1,029	662.67
Common Stock	-	133.37	0.14	0.12	35.88	35.88
Additional Paid-In Capital	-	590.5	480.74	209.39	47.71	-
Retained Earnings	-	-211.79	-228.77	-233.07	-104.85	-29.72
Total Common Equity	1,825	512.08	252.11	-23.56	-21.26	6.16
Minority Interest	-	0.34	0.09	0.02	0.01	-
Shareholders' Equity	1,825	548.2	287.97	12.24	-21.25	6.16
Total Liabilities & Equity	-	5,404	4,111	2,824	1,008	668.82
Total Debt	3,235	3,856	3,249	2,351	851.47	577.32
Net Cash (Debt)	-2,819	-3,822	-3,244	-2,345	-833.67	-568.95
Net Cash Per Share	-42.58	-58.86	-57.75	-46.62	-18.50	-12.63
Filing Date Shares Outstanding	66.2	66.69	66.69	54.87	48.81	45.05
Total Common Shares Outstanding	66.2	66.69	61.45	54.87	48.81	45.05
Working Capital	-	-463.48	-425.62	-503.02	-162.25	-113.25
Book Value Per Share	26.89	7.68	4.10	-0.43	-0.44	0.14
Tangible Book Value	1,785	469.05	202.73	-25.1	-23.08	4.42
Tangible Book Value Per Share	26.30	7.03	3.30	-0.46	-0.47	0.10
Machinery	-	761.29	647.01	358.38	117.35	48.84
Construction In Progress	-	2.66	2.66	3.18	3.18	3.18

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