Happy Forgings 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	Dec '25 Dec 31, 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	-	129.46	6.43	0.13	4.34	28.87
Short-Term Investments	-	474.95	1,210	0.28	8.51	148.78
Cash & Short-Term Investments	1,854	604.42	1,217	0.41	12.85	177.65
Cash Growth	100.32%	-50.32%	293762.32%	-96.78%	-92.77%	-56.29%
Accounts Receivable	-	4,265	3,569	3,081	2,238	1,658
Other Receivables	-	988.3	15.42	18.11	25.9	84.89
Receivables	-	5,257	3,587	3,101	2,266	1,744
Inventory	-	2,324	2,242	1,696	1,840	1,216
Prepaid Expenses	-	28.15	28.74	18.05	36.65	20.25
Other Current Assets	-	972.58	343.49	83.65	100.25	216.53
Total Current Assets	-	9,186	7,418	4,900	4,256	3,374
Property, Plant & Equipment	-	10,160	8,644	7,517	6,669	4,539
Long-Term Investments	-	-	-	-	4.17	-
Other Intangible Assets	-	145.33	59.53	14.81	15.58	10.83
Other Long-Term Assets	-	2,661	2,738	830.17	354.19	839.54
Total Assets	-	22,152	18,860	13,262	11,299	8,764
Accounts Payable	-	453.64	555.37	477.38	442.31	379.34
Accrued Expenses	-	225.64	203.18	180.44	126.41	127.23
Short-Term Debt	-	2,280	1,433	1,343	1,616	1,198
Current Portion of Long-Term Debt	-	-	-	260	46.67	36.52
Current Income Taxes Payable	-	35.04	18.17	110.17	60.9	19.39
Current Unearned Revenue	-	105.64	15.14	14.61	16.16	19.22
Other Current Liabilities	-	163.62	193.44	180.44	143.72	30.76
Total Current Liabilities	-	3,263	2,418	2,566	2,453	1,811
Long-Term Debt	-	-	-	581.76	740.46	299.96
Long-Term Deferred Tax Liabilities	-	393.28	316.18	230.45	229.43	201.61
Total Liabilities	-	3,657	2,735	3,379	3,422	2,312
Common Stock	-	188.48	188.41	179	179	89.5
Additional Paid-In Capital	-	5,978	5,963	2,162	2,162	2,163
Retained Earnings	-	12,240	9,940	7,625	5,535	4,199
Comprehensive Income & Other	-	89.41	33.85	-82.51	-	-
Shareholders' Equity	19,593	18,495	16,125	9,883	7,876	6,452
Total Liabilities & Equity	-	22,152	18,860	13,262	11,299	8,764
Total Debt	1,926	2,280	1,433	2,185	2,404	1,535
Net Cash (Debt)	-72.35	-1,675	-216.51	-2,185	-2,391	-1,357
Net Cash Per Share	-0.77	-17.78	-2.38	-24.41	-26.71	-15.16
Filing Date Shares Outstanding	94.31	94.24	94.2	89.5	89.5	89.5
Total Common Shares Outstanding	94.31	94.24	94.2	89.5	89.5	89.5
Working Capital	-	5,923	4,999	2,333	1,803	1,563
Book Value Per Share	207.84	196.25	171.17	110.43	88.00	72.09
Tangible Book Value	19,419	18,350	16,065	9,868	7,861	6,441
Tangible Book Value Per Share	205.99	194.71	170.54	110.26	87.83	71.96
Land	-	691.29	590.96	590.96	477.5	286.4
Buildings	-	888.31	871.75	753.78	645.9	609.37
Machinery	-	10,600	8,395	7,225	4,716	4,168
Construction In Progress	-	1,164	1,219	747.52	2,123	394.22

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