B.A.G. Convergence 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	340.75	182.67	66.03	13.92	12.85	32.82
Short-Term Investments	-	0.26	0.17	0.17	-	-
Cash & Short-Term Investments	340.75	182.93	66.2	14.09	12.85	32.82
Cash Growth	-	176.35%	369.71%	9.64%	-60.84%	374.53%
Accounts Receivable	152.41	140.53	67.19	36.56	48.15	19.3
Receivables	152.41	142.51	68.49	37.72	49.42	20.24
Inventory	17.65	17.65	17.65	17.65	17.65	17.71
Prepaid Expenses	-	15.07	0.02	1.29	-	-
Other Current Assets	122.78	21.4	17.07	11.01	23.64	91.71
Total Current Assets	633.6	379.56	169.42	81.76	103.56	162.48
Property, Plant & Equipment	69.33	46.32	2.37	1.37	1.4	1.04
Long-Term Investments	10.98	10.98	10.98	10.98	22.36	22.81
Other Intangible Assets	-	0.94	0.02	0.04	0.06	-
Long-Term Deferred Tax Assets	0.75	0.62	0.52	0.44	-	-
Other Long-Term Assets	-	-	-	21.07	-	0.17
Total Assets	714.67	438.42	183.31	115.66	127.55	186.5
Accounts Payable	9.08	8.4	5.79	13.04	7.54	60.18
Accrued Expenses	-	44.33	29.99	43.05	3.46	1.66
Short-Term Debt	95.74	89.54	-	-	-	0.5
Current Portion of Long-Term Debt	-	-	-	5.87	0.62	-
Current Income Taxes Payable	20.6	32.44	27.93	14.37	-	0.06
Other Current Liabilities	97.55	2.65	-	-	115.35	2.39
Total Current Liabilities	222.98	177.36	63.7	76.33	126.96	64.8
Long-Term Debt	65.12	34.72	47.26	47.26	47.26	194.45
Pension & Post-Retirement Benefits	-	3.83	1.2	1.18	-	-
Long-Term Deferred Tax Liabilities	-	-	-	-	0.05	0.05
Other Long-Term Liabilities	4.25	0.43	0.03	0.1	0	-
Total Liabilities	292.34	216.33	112.19	124.86	174.27	259.29
Common Stock	156.19	156.19	0.1	0.1	0.1	0.1
Retained Earnings	126.22	65.9	71.02	-9.3	-46.82	-72.89
Shareholders' Equity	422.33	222.09	71.12	-9.2	-46.72	-72.79
Total Liabilities & Equity	714.67	438.42	183.31	115.66	127.55	186.5
Total Debt	160.86	124.26	47.26	53.12	47.88	194.95
Net Cash (Debt)	179.9	58.67	18.94	-39.03	-35.02	-162.13
Net Cash Growth	-	209.77%	-	-	-	-
Net Cash Per Share	11.51	3.76	1.28	-3864.74	-3467.52	-16052.07
Filing Date Shares Outstanding	15.63	21.22	7.01	0.01	0.01	0.01
Total Common Shares Outstanding	15.63	15.62	7.01	0.01	0.01	0.01
Working Capital	410.63	202.2	105.72	5.43	-23.4	97.69
Book Value Per Share	27.03	14.22	10.15	-910.99	-4625.94	-7207.15
Tangible Book Value	422.33	221.15	71.1	-9.24	-46.78	-72.79
Tangible Book Value Per Share	27.03	14.16	10.14	-914.46	-4631.68	-7207.15
Machinery	-	55.53	3.8	3.77	3.16	2.48
Construction In Progress	-	1.8	1.35	-	-	-

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