HVAX Technologies Limited (NSE:HVAX)

HVAX Technologies 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	90.32	142.73	46.71	87.14	64.5
Cash & Short-Term Investments	90.32	142.73	46.71	87.14	64.5
Cash Growth	-36.72%	205.59%	-46.40%	35.09%	107.57%
Accounts Receivable	859.19	714.36	249.06	324.83	197.59
Other Receivables	89.91	62.24	32.22	30.31	24.94
Receivables	949.1	776.6	281.28	355.13	222.53
Inventory	416.5	205.83	200.94	200.26	149.45
Prepaid Expenses	1.84	1.12	1.01	1.11	0.76
Other Current Assets	5.15	1.36	3.17	56.03	13.28
Total Current Assets	1,463	1,128	533.1	699.68	450.52
Property, Plant & Equipment	67.26	76.4	89.37	70.13	79.92
Long-Term Investments	0.3	0.3	3.7	7.15	4.11
Other Intangible Assets	0.93	1.18	0.45	0.46	0.47
Long-Term Deferred Tax Assets	3.86	2.31	1.54	0.51	0.09
Other Long-Term Assets	6.6	7.78	8.49	4.63	3.58
Total Assets	1,542	1,216	636.63	782.56	538.68

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	209.4	155.19	60.02	94	84.78
Accrued Expenses	25.17	36.03	11.44	10.64	9.75
Short-Term Debt	385.09	254.44	215.46	137.46	59.08
Current Portion of Long-Term Debt	3.63	3.17	2.88	12.52	11.31
Current Income Taxes Payable	9.93	12.4	2.39	3.56	1.71
Other Current Liabilities	4.5	-	-	329.32	218.25
Total Current Liabilities	637.73	461.22	292.18	587.51	384.88
Long-Term Debt	20.35	22.21	25.39	19.24	30.61
Long-Term Unearned Revenue	-	-	-	0.2	0.2
Pension & Post-Retirement Benefits	14.89	12.02	9.28	3.53	2.94
Total Liabilities	672.96	495.45	326.85	610.48	418.64

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	27.77	27.77	6.82	6.17	6.17
Additional Paid-In Capital	320.57	320.57	41.59	2.24	2.24
Retained Earnings	514.92	371.82	261.38	163.67	111.64
Comprehensive Income & Other	3.77	-	-	-	-
Total Common Equity	867.02	720.16	309.79	172.08	120.04
Minority Interest	1.87	-	-	-	-
Shareholders' Equity	868.89	720.16	309.79	172.08	120.04
Total Liabilities & Equity	1,542	1,216	636.63	782.56	538.68

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	409.07	279.82	243.73	169.22	101
Net Cash (Debt)	-318.75	-137.09	-197.02	-82.08	-36.5
Net Cash Growth	-	-	-	-	-
Net Cash Per Share	-114.79	-56.98	-99.37	-44.35	-19.72
Filing Date Shares Outstanding	2.78	2.78	2.04	1.85	1.85
Total Common Shares Outstanding	2.78	2.78	2.04	1.85	1.85
Working Capital	825.18	666.42	240.92	112.17	65.63
Book Value Per Share	312.23	259.34	151.49	92.98	64.86
Tangible Book Value	866.09	718.98	309.34	171.62	119.57
Tangible Book Value Per Share	311.89	258.92	151.28	92.73	64.61
Buildings	62.51	62.51	62.51	62.51	62.51
Machinery	57.11	54.27	52.28	35.56	34.89

Data Source: S&P Global Market Intelligence Last updated: Sep 2, 2026

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

Update frequency:

Semi-annually

Last checked:

Sep 11, 2026

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