Midwest 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	2,288	142.25	254.58	110.16	356.1
Short-Term Investments	-	0.04	3.02	7.65	265.52
Trading Asset Securities	-	-	189.32	8.26	-
Cash & Short-Term Investments	2,288	142.29	446.92	126.07	621.62
Cash Growth	1507.79%	-68.16%	254.50%	-79.72%	1136.15%
Accounts Receivable	2,276	2,400	1,191	962.46	416.42
Other Receivables	-	0.67	93.99	1.25	20.35
Receivables	2,437	2,857	1,403	1,074	552.55
Inventory	434.57	276.12	371.99	574.18	509.86
Prepaid Expenses	-	143.62	46.16	34.38	-
Other Current Assets	818.92	806.23	658.09	507.29	422.54
Total Current Assets	5,978	4,226	2,926	2,316	2,107
Property, Plant & Equipment	5,124	4,218	2,654	2,560	2,399
Long-Term Investments	202.93	218.94	206.36	191.84	113.24
Goodwill	15.48	15.48	15.48	15.3	18.1
Other Intangible Assets	1,234	1,098	1,059	1,033	934.96
Long-Term Deferred Tax Assets	121.04	72.48	68.98	31.28	40.86
Other Long-Term Assets	650.18	629.83	674.6	412.81	424.42
Total Assets	13,668	10,587	7,604	6,560	6,038
Accounts Payable	713.65	499.51	215.79	205.01	105.84
Accrued Expenses	-	333.35	222.8	205.36	453.52
Short-Term Debt	419.03	680.74	364.66	603.13	183.62
Current Portion of Long-Term Debt	-	307.89	273.73	273.83	240.39
Current Portion of Leases	22.55	6.81	6.55	1.53	-
Current Income Taxes Payable	265.45	228.99	34.31	28.49	-
Other Current Liabilities	764.77	577.08	643.47	441.61	920.34
Total Current Liabilities	2,185	2,634	1,761	1,759	1,904
Long-Term Debt	1,299	1,377	566.44	613.8	537.21
Long-Term Leases	183.32	44.07	30.08	17.94	17.26
Long-Term Unearned Revenue	-	6.68	24.12	-	-
Pension & Post-Retirement Benefits	-	41.58	35.38	35.9	36.22
Long-Term Deferred Tax Liabilities	26.9	24.98	32.91	-	-
Other Long-Term Liabilities	187.6	133.83	163.16	14.67	20.63
Total Liabilities	3,883	4,263	2,613	2,441	2,515
Common Stock	180.8	169.06	96.61	7.43	7.43
Retained Earnings	-	5,146	3,928	3,157	3,153
Comprehensive Income & Other	9,443	876.66	920.62	931.39	266.89
Total Common Equity	9,624	6,192	4,945	4,096	3,427
Minority Interest	161.5	132.35	45.57	22.46	95.12
Shareholders' Equity	9,785	6,324	4,991	4,119	3,522
Total Liabilities & Equity	13,668	10,587	7,604	6,560	6,038
Total Debt	1,924	2,417	1,241	1,510	978.48
Net Cash (Debt)	363.58	-2,275	-794.54	-1,384	-356.86
Net Cash Per Share	10.21	-67.27	-23.50	-40.94	-10.55
Filing Date Shares Outstanding	34.72	33.81	33.81	33.81	33.81
Total Common Shares Outstanding	34.72	33.81	33.81	33.81	33.81
Working Capital	3,793	1,591	1,165	557.15	202.84
Book Value Per Share	277.17	183.12	146.25	121.15	101.36
Tangible Book Value	8,374	5,078	3,871	3,048	2,474
Tangible Book Value Per Share	241.18	150.19	114.47	90.16	73.18
Land	-	1,102	1,093	1,082	974.07
Buildings	-	163.49	163.42	166.24	164.06
Machinery	-	2,598	2,117	2,174	1,909
Construction In Progress	-	1,164	132.73	21.56	96.44
Leasehold Improvements	-	-16.83	19.59	19.59	19.59

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