INOX India 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	Dec '25 Dec 31, 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	-	35.15	49.49	112.1	11.85	22.47
Short-Term Investments	-	2,854	2,465	2,947	3,184	2,135
Cash & Short-Term Investments	3,030	2,889	2,515	3,059	3,196	2,158
Cash Growth	10.53%	14.90%	-17.80%	-4.27%	48.09%	96.59%
Accounts Receivable	-	4,255	1,902	1,995	781.12	1,127
Other Receivables	-	225.67	248.35	2.89	1.13	16.79
Receivables	-	4,490	2,161	2,005	786.71	1,147
Inventory	-	5,127	4,532	4,132	3,231	1,463
Prepaid Expenses	-	50.51	32.8	32.33	15.68	14.06
Other Current Assets	-	189.44	228.06	500.78	302.19	426.65
Total Current Assets	-	12,746	9,468	9,729	7,531	5,208
Property, Plant & Equipment	-	3,537	2,494	1,638	1,350	1,037
Long-Term Investments	-	40.6	40.78	3.16	3.48	21.42
Other Intangible Assets	-	98.3	108.25	8.68	5.54	6.45
Long-Term Deferred Tax Assets	-	17.38	-	-	-	-
Other Long-Term Assets	-	111.33	114.33	96.38	74.43	595.16
Total Assets	-	16,553	12,231	11,478	8,968	6,870
Accounts Payable	-	1,382	1,242	615.21	400.51	174.29
Accrued Expenses	-	449.85	394.25	650.94	478.32	448.21
Short-Term Debt	-	331	48.73	-	433.76	603.69
Current Portion of Leases	-	33.77	27.11	15.02	27.33	23.23
Current Income Taxes Payable	-	54.28	17.91	15.37	21.8	18.7
Current Unearned Revenue	-	4,347	2,875	431.49	366.72	278.9
Other Current Liabilities	-	927.32	821.67	3,976	2,021	1,397
Total Current Liabilities	-	7,526	5,427	5,704	3,750	2,944
Long-Term Leases	-	67.72	85.62	74.86	84.3	48.05
Pension & Post-Retirement Benefits	-	14.43	10.44	45.24	6.66	52.97
Long-Term Deferred Tax Liabilities	-	137.01	84.72	83.28	76.73	53.89
Other Long-Term Liabilities	-	71.24	132.62	75.51	47.7	50.18
Total Liabilities	-	7,816	5,740	5,983	3,965	3,149
Common Stock	-	181.53	181.53	181.53	181.53	90.76
Retained Earnings	-	8,639	6,386	5,437	4,935	3,754
Comprehensive Income & Other	-	-83.89	-77.12	-123.49	-113.99	-123.83
Total Common Equity	9,802	8,737	6,491	5,495	5,003	3,721
Shareholders' Equity	9,802	8,737	6,491	5,495	5,003	3,721
Total Liabilities & Equity	-	16,553	12,231	11,478	8,968	6,870
Total Debt	993.83	432.49	161.46	89.88	545.39	674.96
Net Cash (Debt)	2,036	2,457	2,353	2,969	2,650	1,483
Net Cash Growth	15.03%	4.41%	-20.75%	12.04%	78.72%	-
Net Cash Per Share	22.37	26.99	25.85	32.71	29.20	16.34
Filing Date Shares Outstanding	90.73	90.76	90.76	90.76	90.76	90.76
Total Common Shares Outstanding	90.73	90.76	90.76	90.76	90.76	90.76
Working Capital	-	5,220	4,041	4,025	3,782	2,264
Book Value Per Share	107.95	96.26	71.51	60.54	55.12	40.99
Tangible Book Value	9,708	8,639	6,382	5,486	4,997	3,714
Tangible Book Value Per Share	106.92	95.18	70.32	60.44	55.06	40.92
Land	-	222.94	199.82	196.81	41.44	41.44
Buildings	-	1,754	1,064	685.14	654.86	470.17
Machinery	-	2,353	1,811	1,261	1,010	876.78
Construction In Progress	-	41.95	47.63	2.22	18.62	23.86

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.