Indian Emulsifiers 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
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
Cash & Equivalents	43.9	0.73	0.86	0.28	0.27	0.36
Short-Term Investments	6.21	5.01	2.54	7.29	-	-
Cash & Short-Term Investments	50.11	5.73	3.4	7.56	0.27	0.36
Cash Growth	305.66%	68.70%	-55.06%	2701.11%	-24.58%	-
Accounts Receivable	589.41	306.1	185.27	80.5	29.16	-
Receivables	589.57	306.68	185.27	80.5	29.16	-
Inventory	280.11	364.14	209.94	87.51	12.02	-
Other Current Assets	103.92	84.67	32.02	39.66	51.21	5.61
Total Current Assets	1,024	761.23	430.63	215.23	92.65	5.97
Property, Plant & Equipment	404.41	403.65	199.72	127.2	97.87	-
Long-Term Investments	9.64	8.06	7.37	0.55	0.5	-
Other Long-Term Assets	-	1.11	1.01	0.25	-	-
Total Assets	1,438	1,174	638.72	343.23	191.02	5.97
Accounts Payable	107.68	64.09	89.25	9.07	0.05	0.01
Accrued Expenses	50.9	5.05	4.64	2.61	1.74	-
Short-Term Debt	-	173.62	89.62	76.1	29.89	5.89
Current Portion of Long-Term Debt	191.56	14.89	14	10.67	-	-
Current Income Taxes Payable	-	27.15	18.99	7.11	-	-
Other Current Liabilities	30.93	0.02	3.95	-	-	-
Total Current Liabilities	381.07	284.82	220.45	105.56	31.68	5.9
Long-Term Debt	131.86	67.44	132.42	116.27	76.97	-
Pension & Post-Retirement Benefits	-	-	-	-	0.11	0.01
Long-Term Deferred Tax Liabilities	1.79	1.14	1.04	0.72	0.77	-
Other Long-Term Liabilities	-0	0.32	0.43	0.23	-0	-
Total Liabilities	514.72	353.71	354.35	222.79	109.53	5.91
Common Stock	122.22	122.22	90.11	60.1	60.1	0.1
Additional Paid-In Capital	-	437.23	66.68	-	-	-
Retained Earnings	-	260.57	127.58	39.34	0.39	-0.04
Comprehensive Income & Other	800.82	0.33	0.01	-0	-0	-
Total Common Equity	923.04	820.35	284.38	99.43	60.49	0.06
Shareholders' Equity	923.04	820.35	284.38	120.44	81.49	0.06
Total Liabilities & Equity	1,438	1,174	638.72	343.23	191.02	5.97
Total Debt	323.43	255.94	236.05	203.04	106.85	5.89
Net Cash (Debt)	-273.31	-250.21	-232.65	-195.48	-106.58	-5.53
Net Cash Per Share	-19.22	-17.59	-25.85	-24.02	-13.14	-0.92
Filing Date Shares Outstanding	12.23	12.22	9.01	6.01	6.01	6.01
Total Common Shares Outstanding	12.23	12.22	9.01	6.01	6.01	6.01
Working Capital	642.64	476.41	210.18	109.67	60.97	0.08
Book Value Per Share	75.50	67.12	31.56	16.54	10.07	0.01
Tangible Book Value	923.04	820.35	284.38	99.43	60.49	0.06
Tangible Book Value Per Share	75.50	67.12	31.56	16.54	10.07	0.01
Land	-	18.27	18.27	18.27	18.27	18.27
Buildings	-	85.77	71.29	39.81	39.81	39.81
Machinery	-	138.81	113.39	83.03	41.87	41.87
Construction In Progress	-	213.85	27.56	-	-	-

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