Alpex Solar 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	Sep '25 Sep 30, 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	1,381	341.57	328.49	107.52	66.02	145.35
Short-Term Investments	-	117.01	104.1	-	-	-
Cash & Short-Term Investments	1,381	458.58	432.59	107.52	66.02	145.35
Cash Growth	220.05%	6.01%	302.32%	62.86%	-54.58%	-
Accounts Receivable	2,357	1,237	706.5	187.04	168.26	141.99
Other Receivables	-	6.66	6	3.94	1.8	4.87
Receivables	2,357	1,245	713.23	192.13	171.04	147.72
Inventory	1,892	1,024	369.58	530.54	440.4	314.39
Prepaid Expenses	-	15.28	10.02	22.13	10.94	9.24
Other Current Assets	1,755	830.92	184.52	129.38	81.27	118.78
Total Current Assets	7,384	3,574	1,710	981.7	769.67	735.48
Property, Plant & Equipment	1,700	930.14	436.32	214.8	186.13	202.11
Long-Term Investments	18.67	61.69	63.01	32.49	35.83	41.43
Goodwill	0.9	0.9	-	3.6	3.6	3.6
Other Intangible Assets	38	38	-	-	-	-
Long-Term Deferred Tax Assets	31.56	32.27	29.71	-	-	-
Other Long-Term Assets	182.83	99.25	58.16	23.37	5.14	10.91
Total Assets	9,356	4,736	2,297	1,256	1,000	993.54
Accounts Payable	1,238	1,099	344.99	246.48	225.42	251.26
Accrued Expenses	102.33	156.82	44.34	24.29	15.91	32.15
Short-Term Debt	1,118	488.99	283.62	347.48	115.02	148.92
Current Portion of Long-Term Debt	-	87.08	28.57	36.58	30.58	30.87
Current Portion of Leases	21.52	9.36	132.7	-	-	-
Current Income Taxes Payable	377.92	188.34	56.62	13.63	0.61	9.67
Current Unearned Revenue	-	0.03	0.03	5.41	0.63	7.93
Other Current Liabilities	1,139	328.36	24.31	71.4	106.31	7.9
Total Current Liabilities	3,996	2,358	915.18	745.28	494.48	488.7
Long-Term Debt	384.84	144.72	44.72	89.51	121.4	119.48
Long-Term Leases	218.06	58.1	-	-	-	-
Pension & Post-Retirement Benefits	-	7.7	5.97	3.8	5.21	4.54
Long-Term Deferred Tax Liabilities	-	-	-	2.08	1.68	5.21
Other Long-Term Liabilities	24.47	3.27	0.99	-	-0	0
Total Liabilities	4,624	2,572	966.86	840.66	622.76	617.93
Common Stock	255.43	244.73	244.73	59.98	59.98	59.98
Additional Paid-In Capital	-	564.53	564.53	12.25	12.25	12.25
Retained Earnings	-	1,355	520.99	342.23	304.54	302.6
Total Common Equity	4,729	2,164	1,330	414.46	376.77	374.83
Minority Interest	2.62	-	-	0.85	0.84	0.78
Shareholders' Equity	4,732	2,164	1,330	415.31	377.61	375.61
Total Liabilities & Equity	9,356	4,736	2,297	1,256	1,000	993.54
Total Debt	1,743	788.25	489.6	473.57	267	299.27
Net Cash (Debt)	-362.07	-329.67	-57.02	-366.05	-200.98	-153.92
Net Cash Per Share	-14.78	-13.47	-3.03	-20.34	-11.17	-8.55
Filing Date Shares Outstanding	24.55	24.47	24.47	17.99	17.99	17.99
Total Common Shares Outstanding	24.55	24.47	24.47	17.99	17.99	17.99
Working Capital	3,388	1,216	794.75	236.42	275.19	246.78
Book Value Per Share	192.62	88.43	54.36	23.03	20.94	20.83
Tangible Book Value	4,690	2,125	1,330	410.86	373.17	371.22
Tangible Book Value Per Share	191.04	86.84	54.36	22.83	20.74	20.63
Land	-	38	32.02	41.34	39.63	43.57
Buildings	-	114.17	114.17	91.87	91.87	92.73
Machinery	-	607.81	341.89	243.38	221.33	251.87
Construction In Progress	-	228.12	0.12	44.5	19.99	5.62

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