Adani Energy Solutions 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	17,346	21,904	7,421	1,906	1,891
Short-Term Investments	9,117	9,733	7,515	6,798	8,204
Trading Asset Securities	22,363	22,566	4,269	10,462	2,605
Accounts Receivable	57,625	49,833	40,354	31,569	18,905
Other Receivables	1,597	1,377	1,645	1,466	1,456
Inventory	6,695	6,252	2,553	1,519	2,501
Prepaid Expenses	2,161	872.9	401.9	463.4	604.1
Loans Receivable Current	57.7	64.5	4,078	4,772	78.1
Other Current Assets	61,297	23,264	12,232	10,475	7,294
Total Current Assets	178,258	135,865	80,468	69,430	43,537
Property, Plant & Equipment	471,137	435,406	402,225	371,479	336,382
Regulatory Assets	20,159	30,876	15,714	19,638	11,240
Goodwill	5,983	5,983	5,983	5,983	5,983
Other Intangible Assets	11,455	11,181	11,016	10,994	10,955
Long-Term Investments	0.1	0.1	-	-	-
Long-Term Loans Receivable	105.8	158.8	225.1	261	11,285
Long-Term Deferred Tax Assets	781.7	578.5	404.3	-	-
Long-Term Accounts Receivable	74,875	43,641	8,037	8,670	10,683
Other Long-Term Assets	165,594	75,911	61,716	52,862	44,576
Total Assets	928,349	739,601	585,788	539,318	474,641
Accounts Payable	49,937	29,556	15,159	18,004	16,079
Accrued Expenses	11,921	11,357	9,720	6,382	5,252
Short-Term Debt	45,044	19,825	25,479	21,866	14,554
Current Portion of Long-Term Debt	14,426	12,313	9,014	6,818	5,851
Current Unearned Revenue	3,510	1,700	152.4	129	111.2
Current Portion of Leases	173.8	183.7	152.9	195	210.9
Current Income Taxes Payable	289.9	50.9	31.8	80.1	123.4
Other Current Liabilities	29,161	24,241	19,920	16,698	14,384
Total Current Liabilities	154,463	99,227	79,629	70,173	56,567
Long-Term Debt	453,673	369,923	335,596	313,304	277,740
Long-Term Leases	2,606	508.3	454.9	516.9	661.2
Long-Term Unearned Revenue	6,549	5,228	4,204	3,330	2,903
Pension & Post-Retirement Benefits	3,742	2,607	2,398	1,825	1,970
Long-Term Deferred Tax Liabilities	24,901	17,538	16,528	14,243	14,145
Other Long-Term Liabilities	17,159	14,458	9,948	7,168	10,591
Total Liabilities	663,093	509,488	448,757	410,560	364,576
Common Stock	12,013	12,013	11,155	11,155	10,998
Additional Paid-In Capital	119,488	119,488	38,343	38,343	-
Retained Earnings	91,198	68,586	57,992	46,848	34,920
Comprehensive Income & Other	31,577	20,595	18,926	21,146	53,210
Total Common Equity	254,275	220,682	126,416	117,492	99,128
Minority Interest	10,981	9,431	10,616	11,266	10,937
Shareholders' Equity	265,256	230,113	137,031	128,758	110,065
Total Liabilities & Equity	928,349	739,601	585,788	539,318	474,641
Total Debt	515,924	402,753	370,697	342,700	299,018
Net Cash (Debt)	-467,098	-348,551	-351,493	-323,534	-286,318
Net Cash Per Share	-388.83	-297.54	-315.10	-290.50	-260.33
Filing Date Shares Outstanding	1,201	1,201	1,115	1,115	1,100
Total Common Shares Outstanding	1,201	1,201	1,115	1,115	1,100
Working Capital	23,795	36,638	839.1	-742.6	-13,030
Book Value Per Share	211.67	183.71	113.33	105.33	62.35
Tangible Book Value	236,837	203,518	109,417	100,515	82,191
Tangible Book Value Per Share	197.15	169.42	98.09	90.11	46.95
Land	22,529	21,024	30,097	28,992	28,606
Buildings	19,086	12,290	13,714	11,941	11,179
Machinery	526,082	443,635	416,549	340,981	302,879
Construction In Progress	20,536	56,954	30,027	62,004	50,602