True Colors Balance Sheet

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	72.58	50.48	5.71	6.17
Cash & Short-Term Investments	72.58	50.48	5.71	6.17
Cash Growth	43.78%	783.43%	-7.45%	-
Accounts Receivable	566.01	229.72	133.39	64.49
Other Receivables	15.19	52.88	6.29	2.65
Receivables	581.2	282.6	139.68	67.14
Inventory	398.13	275.26	199.94	9.38
Prepaid Expenses	2.3	0.71	0.07	-
Other Current Assets	2.12	1.54	0.13	23.72
Total Current Assets	1,056	610.6	345.54	106.41
Property, Plant & Equipment	480.67	397.1	12.3	-
Long-Term Investments	-	10.62	5.84	-
Other Intangible Assets	0.23	0.27	-	-
Long-Term Deferred Tax Assets	-	-	0.25	-
Other Long-Term Assets	12.46	40.52	91.34	-
Total Assets	1,550	1,059	455.27	106.41
Accounts Payable	371.26	247.23	93.66	95.76
Accrued Expenses	29.17	66.53	71.18	2.26
Short-Term Debt	187.9	277.33	97.8	-
Current Portion of Long-Term Debt	58.77	54.99	-	-
Current Income Taxes Payable	12.78	3.9	8.4	-
Other Current Liabilities	86.23	18.31	16.95	-0
Total Current Liabilities	746.09	668.29	287.99	98.02
Long-Term Debt	228.44	233.23	102.64	-
Pension & Post-Retirement Benefits	7.19	5.56	0.96	-
Long-Term Deferred Tax Liabilities	13.42	5.89	-	-
Other Long-Term Liabilities	-	-	-	0
Total Liabilities	995.14	912.97	391.59	98.03
Common Stock	189.55	4.73	4.73	1.5
Additional Paid-In Capital	161.57	14.84	14.84	-
Retained Earnings	203.42	126.58	44.12	6.88
Shareholders' Equity	554.54	146.14	63.68	8.38
Total Liabilities & Equity	1,550	1,059	455.27	106.41
Total Debt	475.1	565.55	200.44	-
Net Cash (Debt)	-402.52	-515.07	-194.73	6.17
Net Cash Per Share	-22.45	-30.87	-16.48	4.94
Filing Date Shares Outstanding	18.96	8.98	8.98	2.85
Total Common Shares Outstanding	18.96	8.98	8.98	2.85
Working Capital	310.23	-57.7	57.55	8.39
Book Value Per Share	29.26	16.28	7.09	2.94
Tangible Book Value	554.31	145.86	63.68	8.38
Tangible Book Value Per Share	29.24	16.25	7.09	2.94
Buildings	66.81	63	-	-
Machinery	453.15	346.89	0.46	-
Construction In Progress	7.71	-	11.92	-

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