Bharat Forge Limited (NSE: BHARATFORG)

Bharat Forge Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	11,577	13,153	5,087	5,584	4,473	3,126
Short-Term Investments	8,329	3,611	5,255	377.09	183.46	2,407
Trading Asset Securities	-	10,255	10,501	19,080	20,772	10,661
Cash & Short-Term Investments	19,906	27,019	20,842	25,042	25,428	16,194
Cash Growth	-11.92%	29.63%	-16.77%	-1.52%	57.03%	60.02%
Accounts Receivable	28,048	31,672	30,875	21,623	14,096	14,938
Other Receivables	-	412.86	668.41	752.65	934.58	1,505
Receivables	28,258	32,286	31,670	22,542	15,059	16,495
Inventory	35,109	32,161	31,263	27,105	17,939	17,347
Other Current Assets	9,444	8,690	6,245	4,621	3,718	2,675
Total Current Assets	93,539	100,155	90,020	79,310	62,144	52,711
Property, Plant & Equipment	75,986	69,192	64,799	58,748	55,999	50,821
Long-Term Investments	8,657	8,235	15,188	6,957	5,296	5,519
Goodwill	2,684	2,960	2,955	506.43	323.33	369.71
Other Intangible Assets	387.47	694.15	666	658.6	175.5	252.73
Long-Term Accounts Receivable	-	97.91	113.25	113.25	101.36	-
Long-Term Deferred Tax Assets	1,725	1,652	1,495	1,171	900.66	804.19
Long-Term Deferred Charges	-	157.56	198.21	31.75	-	-
Other Long-Term Assets	6,894	10,288	8,351	8,424	6,586	4,645
Total Assets	189,927	193,491	183,842	156,089	131,778	115,628
Accounts Payable	22,367	22,621	21,513	16,314	12,068	10,309
Accrued Expenses	-	2,793	2,629	2,781	2,025	1,665
Short-Term Debt	-	52,109	45,086	33,394	23,626	20,036
Current Portion of Long-Term Debt	55,632	4,531	5,971	5,278	4,157	4,697
Current Portion of Leases	415.64	461.99	447.27	335.72	506.01	271.67
Current Income Taxes Payable	682.54	609.04	486.17	499.03	506.77	566.53
Current Unearned Revenue	-	6,343	4,128	1,045	797.98	676.2
Other Current Liabilities	11,157	3,332	2,508	1,496	1,490	1,452
Total Current Liabilities	90,254	92,801	82,769	61,142	45,177	39,674
Long-Term Debt	18,059	18,598	17,659	17,873	22,175	18,747
Long-Term Leases	3,865	3,793	4,162	2,835	2,247	941.02
Long-Term Unearned Revenue	-	859.41	5,533	541.49	657.79	556.75
Long-Term Deferred Tax Liabilities	1,394	1,690	2,153	2,889	2,346	1,311
Other Long-Term Liabilities	3,923	2,390	2,701	2,887	2,875	233.96
Total Liabilities	117,494	121,838	116,426	89,822	77,310	63,111
Common Stock	931.27	931.18	931.18	931.18	931.18	931.18
Additional Paid-In Capital	-	6,931	6,931	6,931	6,931	6,931
Retained Earnings	-	59,988	54,371	54,072	42,995	44,131
Comprehensive Income & Other	71,835	3,852	4,822	3,773	3,294	204.56
Total Common Equity	72,767	71,702	67,055	65,707	54,151	52,197
Minority Interest	-333.96	-48.75	360.72	560.77	316.95	319.89
Shareholders' Equity	72,433	71,653	67,416	66,268	54,468	52,517
Total Liabilities & Equity	189,927	193,491	183,842	156,089	131,778	115,628
Total Debt	77,972	79,492	73,325	59,716	52,711	44,694
Net Cash (Debt)	-58,066	-52,474	-52,483	-34,675	-27,282	-28,500
Net Cash Per Share	-124.72	-112.70	-112.72	-74.47	-58.60	-61.21
Filing Date Shares Outstanding	465.59	465.59	465.59	465.59	465.59	465.59
Total Common Shares Outstanding	465.59	465.59	465.59	465.59	465.59	465.59
Working Capital	3,285	7,354	7,252	18,167	16,967	13,037
Book Value Per Share	156.29	154.00	144.02	141.13	116.31	112.11
Tangible Book Value	69,695	68,048	63,435	64,542	53,652	51,575
Tangible Book Value Per Share	149.69	146.15	136.25	138.62	115.24	110.77
Land	-	1,125	1,111	824.78	814.34	773.98
Buildings	-	15,466	14,640	11,729	11,282	9,575
Machinery	-	83,933	75,760	63,624	60,298	50,981
Construction In Progress	-	9,769	6,964	11,248	9,001	11,427

Source: S&P Capital IQ. Standard template. Financial Sources.