Hind Rectifiers Limited (NSE:HIRECT)

Hind Rectifiers Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	259.37	2.93	3.27	1.26	2.68	1.23
Cash & Short-Term Investments	259.37	2.93	3.27	1.26	2.68	1.23
Cash Growth	1356.40%	-10.27%	160.35%	-53.06%	118.09%	-91.76%
Accounts Receivable	1,016	1,166	928.98	708.39	715.68	915.82
Other Receivables	-	2.96	0.16	11.04	7.7	0.74
Receivables	1,016	1,169	929.45	719.53	723.43	916.63
Inventory	1,428	1,207	967.19	924.42	770.21	685.4
Other Current Assets	540.9	290.41	189.6	210.42	148.11	143.41
Total Current Assets	3,245	2,670	2,090	1,856	1,644	1,747
Property, Plant & Equipment	1,454	982.52	908.87	797.45	580.55	443.1
Long-Term Investments	1.28	1.28	1.28	1.28	1.28	1.03
Other Intangible Assets	208.38	209.5	211.76	204.98	179.62	161.53
Long-Term Deferred Tax Assets	-	-	21.07	47.1	24.33	38.76
Other Long-Term Assets	136.95	309.54	77.72	16.39	31.42	18.85
Total Assets	5,045	4,173	3,310	2,923	2,462	2,410
Accounts Payable	659.58	599.16	472.84	531.17	476.17	418.91
Accrued Expenses	-	48.26	49.59	31.11	21.66	22.26
Short-Term Debt	-	1,203	958.23	705.4	458.97	657.95
Current Portion of Long-Term Debt	1,591	102.57	97.6	97.2	78.61	67.1
Current Portion of Leases	16.87	15.58	12.04	1.58	2.04	-
Current Income Taxes Payable	34.23	23.46	9.87	-	0.07	-
Other Current Liabilities	266.86	192.01	129	141.82	84.95	78.5
Total Current Liabilities	2,569	2,184	1,729	1,508	1,122	1,245
Long-Term Debt	440.06	284	233.49	243.34	208.83	112.52
Long-Term Leases	28.43	37.27	49.51	-	1.45	-
Pension & Post-Retirement Benefits	-	24.61	24.21	19.59	16.57	15.23
Long-Term Deferred Tax Liabilities	19.82	15.31	-	-	-	-
Other Long-Term Liabilities	85.86	28.7	28.57	34.49	37.92	39.79
Total Liabilities	3,143	2,574	2,065	1,806	1,387	1,412
Common Stock	34.37	34.33	34.28	34.25	33.13	33.13
Additional Paid-In Capital	-	230.86	226.22	222.62	115.2	115.2
Retained Earnings	-	1,325	974.21	848.06	921.75	849.38
Comprehensive Income & Other	1,868	8.32	10.59	12.23	4.32	-
Shareholders' Equity	1,902	1,599	1,245	1,117	1,074	997.71
Total Liabilities & Equity	5,045	4,173	3,310	2,923	2,462	2,410
Total Debt	2,077	1,643	1,351	1,048	749.9	837.57
Net Cash (Debt)	-1,817	-1,640	-1,348	-1,046	-747.22	-836.34
Net Cash Per Share	-105.77	-95.46	-78.39	-63.15	-44.84	-50.49
Filing Date Shares Outstanding	17.16	17.16	17.14	17.12	16.56	16.56
Total Common Shares Outstanding	17.16	17.16	17.14	17.12	16.56	16.56
Working Capital	675.79	485.74	360.35	347.35	521.98	501.93
Book Value Per Share	110.84	93.15	72.66	65.24	64.86	60.23
Tangible Book Value	1,694	1,389	1,034	912.16	894.78	836.18
Tangible Book Value Per Share	98.69	80.94	60.31	53.27	54.02	50.48
Land	-	39.86	52.08	52.08	52.08	52.08
Buildings	-	285.22	324.01	319.79	128.19	128.19
Machinery	-	792.61	651.71	583.99	423.35	355.34
Construction In Progress	-	68.44	81.61	68.74	176.88	86.94

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