Alpex Solar 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	FY 2021
Period Ending	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	458.58	432.59	107.52	66.02	145.35
Cash & Short-Term Investments	458.58	432.59	107.52	66.02	145.35
Cash Growth	6.01%	302.32%	62.86%	-54.58%	-
Accounts Receivable	1,237	708.48	187.04	168.26	141.99
Other Receivables	-	6.07	3.94	1.8	4.87
Receivables	1,237	715.27	192.13	171.04	147.72
Inventory	1,024	369.58	530.54	440.4	314.39
Prepaid Expenses	-	37.86	22.13	10.94	9.24
Other Current Assets	853.85	224.83	129.38	81.27	118.78
Total Current Assets	3,574	1,780	981.7	769.67	735.48
Property, Plant & Equipment	930.14	270.76	214.8	186.13	202.11
Long-Term Investments	23.53	59.48	32.49	35.83	41.43
Goodwill	0.9	-	3.6	3.6	3.6
Other Intangible Assets	38	-	-	-	-
Long-Term Deferred Tax Assets	32.27	3.65	-	-	-
Other Long-Term Assets	137.41	51.61	23.37	5.14	10.91
Total Assets	4,736	2,166	1,256	1,000	993.54
Accounts Payable	1,099	344.99	246.48	225.42	251.26
Accrued Expenses	83.67	44.32	24.29	15.91	32.15
Short-Term Debt	-	283.62	347.48	115.02	148.92
Current Portion of Long-Term Debt	576.07	30.07	36.58	30.58	30.87
Current Portion of Leases	9.36	-	-	-	-
Current Income Taxes Payable	188.34	78.3	13.63	0.61	9.67
Current Unearned Revenue	-	0.03	5.41	0.63	7.93
Other Current Liabilities	401.54	24.31	71.4	106.31	7.9
Total Current Liabilities	2,358	805.64	745.28	494.48	488.7
Long-Term Debt	144.72	43.64	89.51	121.4	119.48
Long-Term Leases	58.1	-	-	-	-
Long-Term Deferred Tax Liabilities	-	-	2.08	1.68	5.21
Other Long-Term Liabilities	10.97	0.99	-	-0	0
Total Liabilities	2,572	856.24	840.66	622.76	617.93
Common Stock	244.73	244.73	59.98	59.98	59.98
Additional Paid-In Capital	-	564.47	12.25	12.25	12.25
Retained Earnings	-	500.19	342.23	304.54	302.6
Comprehensive Income & Other	1,919	-	-	-	-
Total Common Equity	2,164	1,309	414.46	376.77	374.83
Minority Interest	-	-	0.85	0.84	0.78
Shareholders' Equity	2,164	1,309	415.31	377.61	375.61
Total Liabilities & Equity	4,736	2,166	1,256	1,000	993.54
Total Debt	788.25	357.33	473.57	267	299.27
Net Cash (Debt)	-329.67	75.26	-366.05	-200.98	-153.92
Net Cash Per Share	-13.47	4.00	-20.34	-11.17	-8.55
Filing Date Shares Outstanding	24.47	24.47	17.99	17.99	17.99
Total Common Shares Outstanding	24.47	24.47	17.99	17.99	17.99
Working Capital	1,216	974.49	236.42	275.19	246.78
Book Value Per Share	88.45	53.50	23.03	20.94	20.83
Tangible Book Value	2,125	1,309	410.86	373.17	371.22
Tangible Book Value Per Share	86.86	53.50	22.83	20.74	20.63
Land	-	34.37	41.34	39.63	43.57
Buildings	-	114.17	91.87	91.87	92.73
Machinery	-	341.89	243.38	221.33	251.87
Construction In Progress	-	0.12	44.5	19.99	5.62

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