Himalayan Solar Limited (NSE:HIMALAYAN)

Himalayan Solar Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Assets

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	103.23	68.43	46.07	81.73	13.28
Short-Term Investments	-	-	-	17.56	4.3
Cash & Short-Term Investments	103.23	68.43	46.07	99.29	17.58
Cash Growth	50.85%	48.53%	-53.60%	464.92%	-
Accounts Receivable	1,253	663.19	404.52	124.71	148.91
Other Receivables	-	-	-	14.82	12.17
Receivables	1,253	663.19	404.52	140.71	169.18
Inventory	33.03	33.72	238.65	35.57	57.17
Prepaid Expenses	0.79	0.71	0.35	-	-
Other Current Assets	112.99	98.46	106.94	36.36	3.93
Total Current Assets	1,503	864.51	796.53	311.93	247.85
Property, Plant & Equipment	59.96	52.1	13.67	11.96	13.05
Other Intangible Assets	0.55	-	-	-	-
Long-Term Deferred Tax Assets	0.96	1.59	0.85	0.96	0.83
Other Long-Term Assets	17.32	20.01	30.38	-	3.91
Total Assets	1,582	938.22	841.43	324.86	265.64

Liabilities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	660.67	322.28	477.51	18.79	71.31
Accrued Expenses	6.72	9.15	2.74	2.16	1.37
Short-Term Debt	230.1	244.29	234.14	160.04	82.17
Current Portion of Long-Term Debt	40.02	5.49	0.5	-	-
Current Income Taxes Payable	68.23	58.08	19.99	2.6	-
Other Current Liabilities	13.47	12.38	0.52	56.44	37.55
Total Current Liabilities	1,019	651.68	735.4	240.03	192.4
Long-Term Debt	91.11	19.7	0.75	29.69	24.78
Pension & Post-Retirement Benefits	0.89	0.57	0.23	-	-
Other Long-Term Liabilities	1.71	1.71	1.72	-0	-0
Total Liabilities	1,113	673.66	738.1	269.72	217.18

Shareholders' Equity

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	162.19	36.04	36.04	36.04	36.04
Retained Earnings	307.08	228.52	67.29	19.1	12.41
Shareholders' Equity	469.27	264.56	103.33	55.14	48.46
Total Liabilities & Equity	1,582	938.22	841.43	324.86	265.64

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	361.24	269.48	235.39	189.73	106.95
Net Cash (Debt)	-258.01	-201.06	-189.32	-90.44	-89.38
Net Cash Growth	-	-	-	-	-
Net Cash Per Share	-15.91	-12.40	-11.67	-5.58	-5.52
Filing Date Shares Outstanding	22.11	16.22	16.22	16.22	16.2
Total Common Shares Outstanding	16.22	16.22	16.22	16.22	16.2
Working Capital	484.19	212.83	61.14	71.9	55.45
Book Value Per Share	28.93	16.31	6.37	3.40	2.99
Tangible Book Value	468.71	264.56	103.33	55.14	48.46
Tangible Book Value Per Share	28.90	16.31	6.37	3.40	2.99
Machinery	73.38	70.08	25.58	15.06	-

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every year for this company.

Update frequency:

Yearly

Last checked:

Oct 8, 2026

Data Sources Report a data error