Dev Accelerator 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	416.29	33.63	5.43	5.44	17.8	8.37
Cash & Short-Term Investments	416.29	33.63	5.43	5.44	17.8	8.37
Cash Growth	7566.56%	519.34%	-0.18%	-69.44%	112.61%	-
Accounts Receivable	480.69	492.24	118.78	36.5	19.47	9.41
Receivables	641.43	498.82	395.44	36.5	19.47	23.08
Inventory	-	-	-	2.66	0.78	-
Prepaid Expenses	-	313.28	192.4	125.45	46.73	-
Other Current Assets	632.45	188.73	77.71	53.44	23.18	6.72
Total Current Assets	1,690	1,034	670.98	223.49	107.96	38.17
Property, Plant & Equipment	3,052	2,895	2,644	2,277	787.61	556.18
Long-Term Investments	534.71	531.48	90.95	9.5	7.81	2.68
Goodwill	0.45	0.45	0.45	-	-	-
Other Intangible Assets	39.34	42.58	48.93	1.54	1.82	1.74
Long-Term Deferred Tax Assets	137.31	141.71	133.79	41.96	9.84	2.19
Other Long-Term Assets	514.06	392.71	438.44	269.05	92.28	67.62
Total Assets	6,377	5,404	4,111	2,824	1,008	668.82
Accounts Payable	635.15	390.89	231.4	170.44	67.15	40.56
Accrued Expenses	-	144.43	58.15	51.93	12.61	9.96
Short-Term Debt	555.06	108.28	265.18	78.96	12.51	3.03
Current Portion of Long-Term Debt	-	209.08	44.2	13.94	21.06	-
Current Portion of Leases	219.43	637.93	489.62	387.85	142.35	96.01
Current Unearned Revenue	-	-	5.36	22.6	9.71	0.23
Other Current Liabilities	105.71	7.33	2.69	0.79	4.82	1.63
Total Current Liabilities	1,515	1,498	1,097	726.51	270.21	151.43
Long-Term Debt	112.7	989.37	701.12	239.11	105.19	63.04
Long-Term Leases	2,348	1,911	1,749	1,631	570.36	415.24
Pension & Post-Retirement Benefits	-	3.38	1.96	1.18	0.68	-
Other Long-Term Liabilities	576.05	453.72	274.25	214.33	82.83	32.96
Total Liabilities	4,552	4,856	3,823	2,812	1,029	662.67
Common Stock	216.15	133.37	0.14	0.12	35.88	35.88
Additional Paid-In Capital	-	590.5	480.74	209.39	47.71	-
Retained Earnings	-	-211.79	-228.77	-233.07	-104.85	-29.72
Total Common Equity	1,825	512.08	252.11	-23.56	-21.26	6.16
Minority Interest	0.29	0.34	0.09	0.02	0.01	-
Shareholders' Equity	1,825	548.2	287.97	12.24	-21.25	6.16
Total Liabilities & Equity	6,377	5,404	4,111	2,824	1,008	668.82
Total Debt	3,235	3,856	3,249	2,351	851.47	577.32
Net Cash (Debt)	-2,819	-3,822	-3,244	-2,345	-833.67	-568.95
Net Cash Per Share	-42.24	-58.86	-57.75	-46.62	-18.50	-12.63
Filing Date Shares Outstanding	67.88	66.69	66.69	54.87	48.81	45.05
Total Common Shares Outstanding	67.88	66.69	61.45	54.87	48.81	45.05
Working Capital	174.83	-463.48	-425.62	-503.02	-162.25	-113.25
Book Value Per Share	26.89	7.68	4.10	-0.43	-0.44	0.14
Tangible Book Value	1,785	469.05	202.73	-25.1	-23.08	4.42
Tangible Book Value Per Share	26.30	7.03	3.30	-0.46	-0.47	0.10
Machinery	-	761.29	647.01	358.38	117.35	48.84
Construction In Progress	-	2.66	2.66	3.18	3.18	3.18

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