The India Cements Balance Sheet

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	606	1,041	842.18	648.67	462.95
Short-Term Investments	19.5	10.75	10.32	39.73	39.58
Cash & Short-Term Investments	625.5	1,052	852.5	688.4	502.53
Cash Growth	-40.54%	23.41%	23.84%	36.99%	19.76%
Accounts Receivable	2,485	6,592	6,994	8,245	9,311
Other Receivables	-	320.53	420.23	607.1	537.06
Receivables	2,511	6,913	15,377	19,706	10,159
Inventory	7,342	6,078	6,752	8,356	9,172
Prepaid Expenses	-	247.34	256.95	309.38	262.05
Other Current Assets	5,366	1,632	4,157	5,209	5,319
Total Current Assets	15,845	15,922	27,395	34,269	25,415
Property, Plant & Equipment	115,259	117,536	69,671	69,849	72,307
Long-Term Investments	813.6	1,194	1,503	1,632	2,371
Goodwill	-	439.73	690.89	690.89	2,018
Other Intangible Assets	55.1	175.51	275.65	624.54	549.65
Other Long-Term Assets	1,963	2,953	6,293	6,249	5,867
Total Assets	134,031	138,302	107,006	114,672	120,430
Accounts Payable	8,658	9,820	12,446	13,324	12,965
Accrued Expenses	-	38.43	844.9	645.05	468.5
Short-Term Debt	-	316.23	5,354	5,154	6,004
Current Portion of Long-Term Debt	3,269	611.3	6,612	6,229	5,465
Current Portion of Leases	15.8	17.74	11.79	7.55	16.42
Current Income Taxes Payable	0.4	18.37	35.37	105.26	24.29
Other Current Liabilities	3,814	1,683	2,663	2,801	2,364
Total Current Liabilities	15,757	12,505	27,968	28,265	27,307
Long-Term Debt	9,738	10,664	14,298	18,012	19,386
Long-Term Leases	24.6	42.72	51.47	50	33.48
Long-Term Unearned Revenue	-	5,544	4,229	4,896	5,706
Pension & Post-Retirement Benefits	-	715.5	914.57	932.95	1,053
Long-Term Deferred Tax Liabilities	5,937	5,932	2,312	2,839	5,308
Other Long-Term Liabilities	1,332	937.91	1,242	1,410	1,402
Total Liabilities	32,788	36,340	51,013	56,405	60,196
Common Stock	3,099	3,099	3,099	3,099	3,099
Additional Paid-In Capital	-	15,033	15,033	15,033	15,033
Retained Earnings	-	30,473	32,749	34,727	36,169
Comprehensive Income & Other	98,144	53,336	4,866	4,904	5,170
Total Common Equity	101,243	101,941	55,747	57,763	59,470
Minority Interest	-	20.69	245.76	504.48	763.46
Shareholders' Equity	101,243	101,962	55,993	58,268	60,234
Total Liabilities & Equity	134,031	138,302	107,006	114,672	120,430
Total Debt	13,048	11,652	26,327	29,453	30,906
Net Cash (Debt)	-12,423	-10,599	-25,475	-28,764	-30,403
Net Cash Per Share	-40.08	-34.20	-82.20	-92.82	-98.11
Filing Date Shares Outstanding	309.9	309.9	309.9	309.9	309.9
Total Common Shares Outstanding	309.9	309.9	309.9	309.9	309.9
Working Capital	87.5	3,417	-572.21	6,003	-1,892
Book Value Per Share	326.70	328.95	179.89	186.39	191.90
Tangible Book Value	101,188	101,326	54,781	56,448	56,903
Tangible Book Value Per Share	326.52	326.97	176.77	182.15	183.62
Land	-	74,868	42,529	42,482	42,860
Buildings	-	14,135	6,730	6,369	6,351
Machinery	-	45,908	37,585	35,921	35,249
Construction In Progress	-	1,766	1,901	3,134	3,860
Leasehold Improvements	-	581.58	335.75	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.