Heads UP Ventures 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	2016 - 2020
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	2016 - 2020
Cash & Equivalents	10.49	22.87	13.55	23.47	150.15	170.63	Upgrade
Cash & Short-Term Investments	10.99	22.87	13.55	23.47	150.15	170.63	Upgrade
Cash Growth	20.22%	68.82%	-42.26%	-84.37%	-12.01%	213.20%	Upgrade
Accounts Receivable	105.18	10.64	9.23	11.24	13.84	19.76	Upgrade
Other Receivables	-	7.67	25.63	26.05	40.28	31.13	Upgrade
Receivables	180.27	18.31	34.86	126.55	161	233.03	Upgrade
Inventory	-	-	-	13.21	-	-	Upgrade
Prepaid Expenses	-	0.02	0.01	0.09	0.04	0.11	Upgrade
Other Current Assets	62.17	129.89	103.88	39.46	30.47	34.36	Upgrade
Total Current Assets	253.42	171.09	152.3	202.77	341.66	438.12	Upgrade
Property, Plant & Equipment	1.53	0.23	0.35	0.93	1.53	1.53	Upgrade
Long-Term Investments	11.35	10.03	8.75	-	-	-	Upgrade
Other Intangible Assets	-	1.3	1.3	1.49	-	-	Upgrade
Other Long-Term Assets	7.67	-0	0	9.76	8.29	0.87	Upgrade
Total Assets	273.96	182.64	162.7	214.96	351.47	440.52	Upgrade
Accounts Payable	49.21	1.42	1.35	4.07	4.31	10.71	Upgrade
Accrued Expenses	-	2.55	0.69	5.1	4.29	7.09	Upgrade
Short-Term Debt	-	-	-	-	41.69	73.89	Upgrade
Current Income Taxes Payable	-	-	-	-	0.95	0.95	Upgrade
Other Current Liabilities	28.18	25.16	21.1	21.07	19.34	13.57	Upgrade
Total Current Liabilities	77.38	29.13	23.13	30.24	70.58	106.19	Upgrade
Pension & Post-Retirement Benefits	-	-	-	3.15	3.12	2.85	Upgrade
Other Long-Term Liabilities	5.98	0.16	0.16	-0	-	-	Upgrade
Total Liabilities	83.36	29.29	23.29	33.39	73.7	109.05	Upgrade
Common Stock	220.83	220.83	220.83	220.83	220.83	220.83	Upgrade
Retained Earnings	-	-67.98	-81.92	-39.76	56.44	110.15	Upgrade
Comprehensive Income & Other	-30.23	0.5	0.5	0.5	0.5	0.5	Upgrade
Shareholders' Equity	190.6	153.35	139.41	181.57	277.77	331.48	Upgrade
Total Liabilities & Equity	273.96	182.64	162.7	214.96	351.47	440.52	Upgrade
Total Debt	-	-	-	-	41.69	73.89	Upgrade
Net Cash (Debt)	10.99	22.87	13.55	23.47	108.46	96.75	Upgrade
Net Cash Growth	20.22%	68.82%	-42.26%	-78.36%	12.10%	206.19%	Upgrade
Net Cash Per Share	0.45	1.03	0.62	1.06	4.91	4.38	Upgrade
Filing Date Shares Outstanding	22.35	22.08	22.08	22.08	22.08	22.08	Upgrade
Total Common Shares Outstanding	22.35	22.08	22.08	22.08	22.08	22.08	Upgrade
Working Capital	176.04	141.96	129.17	172.53	271.08	331.93	Upgrade
Book Value Per Share	8.53	6.94	6.31	8.22	12.58	15.01	Upgrade
Tangible Book Value	190.6	152.05	138.11	180.08	277.77	331.48	Upgrade
Tangible Book Value Per Share	8.53	6.89	6.25	8.15	12.58	15.01	Upgrade
Machinery	-	0.93	0.92	2.38	2.31	2.18	Upgrade
Construction In Progress	-	-	-	-	0.28	-	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.