Havells India 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	-	8,073	2,661	4,652	7,758	3,546
Short-Term Investments	-	25,519	27,569	15,728	19,229	16,016
Cash & Short-Term Investments	14,617	33,591	30,230	20,380	26,987	19,562
Cash Growth	-54.16%	11.12%	48.33%	-24.48%	37.96%	73.28%
Accounts Receivable	-	12,715	12,092	11,138	8,194	6,087
Other Receivables	-	41.6	135.8	49.8	93.4	402.9
Receivables	-	12,757	12,228	11,188	8,287	6,489
Inventory	-	40,734	35,105	37,380	29,916	26,374
Prepaid Expenses	-	603.9	455.5	475	278.6	241.1
Other Current Assets	-	1,020	977.6	1,239	596.4	538.3
Total Current Assets	-	88,705	78,996	70,662	66,066	53,205
Property, Plant & Equipment	-	33,686	29,032	23,913	20,782	19,471
Long-Term Investments	-	109.8	200	1,352	2,929	-
Goodwill	-	3,105	3,105	3,105	3,105	3,105
Other Intangible Assets	-	10,910	10,730	10,853	11,022	11,228
Long-Term Accounts Receivable	-	14	118	271.6	415	531.1
Other Long-Term Assets	-	1,564	2,147	1,418	914.5	983.5
Total Assets	-	138,094	124,327	111,574	105,232	88,523
Accounts Payable	-	30,185	26,692	26,286	23,644	15,822
Accrued Expenses	-	10,266	9,215	6,899	4,618	4,317
Current Portion of Long-Term Debt	-	-	-	-	1,230	985.5
Current Portion of Leases	-	775.4	607.2	361.9	420.5	291.5
Current Income Taxes Payable	-	626.8	852	322.6	628.3	742.6
Current Unearned Revenue	-	1,060	1,013	1,329	1,026	519.5
Other Current Liabilities	-	4,834	4,451	3,158	4,765	5,096
Total Current Liabilities	-	47,748	42,831	38,355	36,331	27,774
Long-Term Debt	-	-	-	-	2,726	3,937
Long-Term Leases	-	2,410	2,424	1,869	1,788	1,015
Long-Term Unearned Revenue	-	57.8	46.4	41	49.9	45.7
Pension & Post-Retirement Benefits	-	74.4	59.8	41.5	-	-
Long-Term Deferred Tax Liabilities	-	3,753	3,575	3,615	3,506	3,391
Other Long-Term Liabilities	-	641.4	922.7	1,398	802.1	597.4
Total Liabilities	-	54,684	49,859	45,320	45,203	36,760
Common Stock	-	626.9	626.7	626.5	626.3	626
Additional Paid-In Capital	-	2,120	1,695	1,482	1,215	903.8
Retained Earnings	-	80,228	71,998	64,039	58,097	50,148
Comprehensive Income & Other	-	263.4	148.2	107.7	90.6	85.1
Total Common Equity	86,706	83,238	74,468	66,255	60,029	51,763
Minority Interest	-	171.8	-	-	-	-
Shareholders' Equity	86,875	83,410	74,468	66,255	60,029	51,763
Total Liabilities & Equity	-	138,094	124,327	111,574	105,232	88,523
Total Debt	2,860	3,185	3,032	2,231	6,164	6,229
Net Cash (Debt)	11,757	30,406	27,198	18,149	20,823	13,334
Net Cash Growth	-58.85%	11.79%	49.86%	-12.84%	56.17%	37.92%
Net Cash Per Share	18.76	48.49	43.40	28.97	33.25	21.30
Filing Date Shares Outstanding	626.63	626.94	626.68	626.51	626.3	626.01
Total Common Shares Outstanding	626.63	626.94	626.68	626.51	626.3	626.01
Working Capital	-	40,958	36,165	32,306	29,735	25,431
Book Value Per Share	138.35	132.77	118.83	105.75	95.85	82.69
Tangible Book Value	72,695	69,223	60,633	52,297	45,903	37,431
Tangible Book Value Per Share	115.99	110.41	96.75	83.47	73.29	59.79
Land	-	118.8	277.7	277.7	277.7	272.8
Buildings	-	11,791	10,344	8,755	7,899	7,751
Machinery	-	22,876	17,863	19,576	16,544	14,264
Construction In Progress	-	1,165	2,969	1,634	567.5	862.6
Leasehold Improvements	-	204.1	140.9	140.5	151.2	131.6

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.