Havells India Limited (NSE: HAVELLS)

Havells India 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	31,883	2,661	4,652	7,758	3,546	2,677
Short-Term Investments	-	27,569	15,728	19,229	16,016	8,612
Cash & Short-Term Investments	31,883	30,230	20,380	26,987	19,562	11,289
Cash Growth	38.03%	48.33%	-24.48%	37.96%	73.29%	-13.74%
Accounts Receivable	7,591	12,092	11,138	8,194	6,087	2,866
Other Receivables	-	135.8	49.8	93.4	402.9	719.2
Receivables	7,591	12,228	11,188	8,287	6,489	3,585
Inventory	38,551	35,105	37,380	29,916	26,374	18,933
Prepaid Expenses	-	455.5	475	278.6	241.1	94.9
Other Current Assets	2,872	977.6	1,239	596.4	538.3	904.3
Total Current Assets	80,898	78,996	70,662	66,066	53,205	34,806
Property, Plant & Equipment	32,398	29,032	23,913	20,782	19,471	19,824
Long-Term Investments	200	200	1,352	2,929	-	-
Goodwill	3,105	3,105	3,105	3,105	3,105	3,105
Other Intangible Assets	10,670	10,730	10,853	11,022	11,228	11,429
Long-Term Accounts Receivable	56.8	118	271.6	415	531.1	685.4
Other Long-Term Assets	1,106	2,147	1,418	914.5	983.5	885.7
Total Assets	128,433	124,327	111,574	105,232	88,523	70,735
Accounts Payable	29,399	26,692	26,286	23,644	15,822	14,100
Accrued Expenses	-	9,215	6,899	4,618	4,317	3,184
Current Portion of Long-Term Debt	-	-	-	1,230	985.5	405
Current Portion of Leases	670.3	607.2	361.9	420.5	291.5	318.7
Current Income Taxes Payable	-	852	322.6	628.3	742.6	-
Current Unearned Revenue	942.9	1,565	1,329	1,026	519.5	546.4
Other Current Liabilities	12,157	3,899	3,158	4,765	5,096	4,715
Total Current Liabilities	43,169	42,831	38,355	36,331	27,774	23,269
Long-Term Debt	-	-	-	2,726	3,937	-
Long-Term Leases	2,646	2,424	1,869	1,788	1,015	897.4
Long-Term Unearned Revenue	58	46.4	41	49.9	45.7	43.2
Long-Term Deferred Tax Liabilities	3,624	3,575	3,615	3,506	3,391	2,865
Other Long-Term Liabilities	841.9	922.7	1,398	802.1	597.4	544.1
Total Liabilities	50,339	49,859	45,320	45,203	36,760	27,619
Common Stock	626.9	626.7	626.5	626.3	626	625.8
Additional Paid-In Capital	-	1,695	1,482	1,215	903.8	805.8
Retained Earnings	-	71,998	64,039	58,097	50,148	41,603
Comprehensive Income & Other	77,311	148.2	107.7	90.6	85.1	80.8
Total Common Equity	77,938	74,468	66,255	60,029	51,763	43,116
Minority Interest	155.9	-	-	-	-	-
Shareholders' Equity	78,094	74,468	66,255	60,029	51,763	43,116
Total Liabilities & Equity	128,433	124,327	111,574	105,232	88,523	70,735
Total Debt	3,316	3,032	2,231	6,164	6,229	1,621
Net Cash (Debt)	28,567	27,198	18,149	20,823	13,334	9,668
Net Cash Growth	39.94%	49.86%	-12.84%	56.17%	37.92%	-20.38%
Net Cash Per Share	45.55	43.40	28.97	33.25	21.30	15.45
Filing Date Shares Outstanding	626.71	626.68	626.51	626.3	626.01	625.8
Total Common Shares Outstanding	626.71	626.68	626.51	626.3	626.01	625.8
Working Capital	37,729	36,165	32,306	29,735	25,431	11,537
Book Value Per Share	124.36	118.83	105.75	95.85	82.69	68.90
Tangible Book Value	64,164	60,633	52,297	45,903	37,431	28,582
Tangible Book Value Per Share	102.38	96.75	83.47	73.29	59.79	45.67
Land	-	277.7	277.7	277.7	272.8	272.8
Buildings	-	10,344	8,755	7,899	7,751	7,917
Machinery	-	23,306	19,576	16,544	14,264	13,069
Construction In Progress	-	2,969	1,634	567.5	862.6	827.7
Leasehold Improvements	-	140.9	140.5	151.2	131.6	133.8

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