B.A.G. Convergence Limited (NSE:BAGDIGITAL)

B.A.G. Convergence Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	200.97	447.42	182.67	66.03	13.92	12.85
Short-Term Investments	-	0.26	0.26	0.17	0.17	-
Cash & Short-Term Investments	200.97	447.68	182.93	66.2	14.09	12.85
Cash Growth	-41.02%	144.73%	176.35%	369.71%	9.64%	-60.84%
Accounts Receivable	179.74	155.87	140.53	67.19	36.56	48.15
Receivables	179.74	379.76	156.2	68.49	37.72	49.42
Inventory	116.77	68.69	17.65	17.65	17.65	17.65
Prepaid Expenses	-	26.7	15.07	0.02	1.29	-
Other Current Assets	559.25	20.76	7.71	17.07	11.01	23.64
Total Current Assets	1,057	943.6	379.56	169.42	81.76	103.56
Property, Plant & Equipment	59.83	65.88	46.32	2.37	1.37	1.4
Long-Term Investments	10.98	10.98	10.98	10.98	10.98	22.36
Other Intangible Assets	-	2.54	0.94	0.02	0.04	0.06
Long-Term Deferred Tax Assets	4.55	1.08	0.62	0.52	0.44	-
Other Long-Term Assets	-	-	-	-	21.07	-
Total Assets	1,132	1,024	438.42	183.31	115.66	127.55

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	19.86	11.1	8.4	5.79	13.04	7.54
Accrued Expenses	-	13.23	9.91	29.99	43.05	3.46
Short-Term Debt	121.17	102.22	89.54	-	-	-
Current Portion of Long-Term Debt	-	10.24	2.65	-	5.87	0.62
Current Income Taxes Payable	11.49	40.5	32.44	27.93	14.37	-
Other Current Liabilities	72.83	9.12	34.42	-	-	115.35
Total Current Liabilities	225.34	186.41	177.36	63.7	76.33	126.96
Long-Term Debt	69.67	61.99	34.72	47.26	47.26	47.26
Pension & Post-Retirement Benefits	-	5.66	3.83	1.2	1.18	-
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.05
Other Long-Term Liabilities	6.34	0.68	0.43	0.03	0.1	0
Total Liabilities	301.35	254.74	216.33	112.19	124.86	174.27

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	212.19	212.19	156.19	0.1	0.1	0.1
Retained Earnings	-	557.15	65.9	71.02	-9.3	-46.82
Shareholders' Equity	830.75	769.34	222.09	71.12	-9.2	-46.72
Total Liabilities & Equity	1,132	1,024	438.42	183.31	115.66	127.55

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	190.83	174.45	126.91	47.26	53.12	47.88
Net Cash (Debt)	10.14	273.23	56.02	18.94	-39.03	-35.02
Net Cash Growth	-94.36%	387.71%	195.80%	-	-	-
Net Cash Per Share	0.48	14.93	3.59	1.28	-3864.74	-3467.52
Filing Date Shares Outstanding	21.25	21.22	21.22	7.01	0.01	0.01
Total Common Shares Outstanding	21.25	21.22	15.62	7.01	0.01	0.01
Working Capital	831.4	757.18	202.2	105.72	5.43	-23.4
Book Value Per Share	39.09	36.26	14.22	10.15	-910.99	-4625.94
Tangible Book Value	830.75	766.8	221.15	71.1	-9.24	-46.78
Tangible Book Value Per Share	39.09	36.14	14.16	10.14	-914.46	-4631.68
Machinery	-	104.77	55.53	3.8	3.77	3.16
Construction In Progress	-	-	1.8	1.35	-	-

Data Source: S&P Global Market Intelligence Last updated: Sep 1, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Nov 11, 2026

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