CARE Ratings Limited (NSE:CARERATING)

CARE Ratings Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	970.02	382.86	494.25	176.33	120.86
Short-Term Investments	5,502	5,849	5,063	4,400	180.78
Trading Asset Securities	-	-	-	-	1,865
Cash & Short-Term Investments	6,472	6,232	5,557	4,576	2,166
Cash Growth	3.85%	12.15%	21.42%	111.26%	80.75%
Accounts Receivable	320.85	302.21	269.25	234.31	340.78
Other Receivables	-	10.93	0.77	6.18	4.23
Receivables	333.25	322.67	272.92	242.68	348.57
Prepaid Expenses	-	34.3	32.29	27.65	29.85
Other Current Assets	115.56	156.22	155.78	792.98	2,913
Total Current Assets	6,921	6,745	6,018	5,640	5,457
Property, Plant & Equipment	1,016	978.48	973.52	872.91	767.87
Long-Term Investments	1,405	503.61	544.74	552.55	352.28
Goodwill	79.5	79.5	79.5	79.5	79.5
Other Intangible Assets	126.31	90.07	62.12	85.63	34.82
Long-Term Deferred Tax Assets	0.13	-	-	23.42	12.19
Other Long-Term Assets	18.23	17.07	15.05	17.78	9.58
Total Assets	9,577	8,418	7,696	7,274	6,718
Accounts Payable	151.42	4.77	-	51.34	37.74
Accrued Expenses	55.77	343.79	316.72	227.83	222.86
Current Portion of Leases	32.75	24.08	22.01	32.72	27.45
Current Income Taxes Payable	15.61	14.4	-	2.13	1.39
Current Unearned Revenue	-	269.65	130.96	161.98	207.79
Other Current Liabilities	722.5	130.08	108.4	36.32	31.67
Total Current Liabilities	978.05	786.77	578.1	512.32	528.89
Long-Term Leases	204.94	171.47	152.77	56.41	44.81
Long-Term Deferred Tax Liabilities	66.02	54.82	49.39	60.62	104.95
Other Long-Term Liabilities	173.41	106.61	81.51	78.08	95.96
Total Liabilities	1,422	1,172	905.77	745.98	787.34
Common Stock	299.32	298.52	297.01	296.47	294.61
Additional Paid-In Capital	-	875.37	757.48	736.96	651.76
Retained Earnings	-	5,839	5,496	5,256	4,670
Comprehensive Income & Other	7,763	158.79	172.04	185.62	272
Total Common Equity	8,063	7,171	6,722	6,475	5,888
Minority Interest	92.34	74.56	68.33	53.14	42.18
Shareholders' Equity	8,155	7,246	6,790	6,528	5,930
Total Liabilities & Equity	9,577	8,418	7,696	7,274	6,718
Total Debt	237.69	195.54	174.78	89.13	72.26
Net Cash (Debt)	6,235	6,037	5,382	4,487	2,094
Net Cash Growth	3.28%	12.16%	19.94%	114.29%	92.74%
Net Cash Per Share	207.57	202.18	181.49	151.22	70.96
Filing Date Shares Outstanding	29.92	29.85	29.7	29.65	29.46
Total Common Shares Outstanding	29.92	29.85	29.7	29.65	29.46
Working Capital	5,943	5,959	5,440	5,127	4,929
Book Value Per Share	269.45	240.23	226.33	218.40	199.86
Tangible Book Value	7,857	7,002	6,580	6,310	5,774
Tangible Book Value Per Share	262.57	234.55	221.56	212.83	195.98
Buildings	-	729.95	729.95	723.88	701.47
Machinery	-	318.92	279.16	218.67	140.1
Leasehold Improvements	-	16.74	2.23	1.29	1.47

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