Maheshwari Logistics 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	110.56	227.42	14.03	25.17	70.5	195.76
Short-Term Investments	20.51	244.25	50.9	175.23	92.47	77.15
Cash & Short-Term Investments	131.08	471.66	64.93	200.4	162.97	272.91
Cash Growth	-54.03%	626.47%	-67.60%	22.96%	-40.28%	88.09%
Accounts Receivable	1,812	1,546	1,461	1,424	1,342	1,196
Other Receivables	-	258.94	194.99	143.97	134.81	102.27
Receivables	1,830	1,860	1,875	1,579	1,489	1,314
Inventory	1,616	1,520	1,348	1,108	892.28	799.86
Prepaid Expenses	-	17.64	14.6	13.82	7.69	9.26
Other Current Assets	873.32	113.95	153.4	216.21	228.56	29.58
Total Current Assets	4,450	3,983	3,455	3,118	2,781	2,426
Property, Plant & Equipment	1,836	1,885	1,734	1,404	1,212	1,114
Goodwill	-	-	-	-	-	2.81
Other Intangible Assets	27.69	29.65	33.97	33.64	30.47	19.01
Other Long-Term Assets	189.8	236.86	244.16	234.95	263.83	114.4
Total Assets	6,504	6,134	5,467	4,790	4,287	3,676
Accounts Payable	1,114	1,109	883.11	808.13	767	683.34
Accrued Expenses	-	55.01	60.74	82.08	94.68	84.73
Short-Term Debt	-	1,622	1,143	873.34	579.59	407.75
Current Portion of Long-Term Debt	2,458	337.22	361.58	270.48	263.1	169.92
Current Portion of Leases	3.72	3.72	0.51	8.22	7.18	-
Current Income Taxes Payable	-	56.24	38.9	-	-	-
Other Current Liabilities	144.04	113.63	100.48	80.73	40.31	42.5
Total Current Liabilities	3,720	3,297	2,588	2,123	1,752	1,388
Long-Term Debt	576.43	723.13	976.98	909.38	903.56	799.8
Long-Term Leases	6.34	7.66	1.86	5.82	14.04	34.88
Long-Term Deferred Tax Liabilities	106.07	96.22	88.45	82.29	72.36	65.12
Other Long-Term Liabilities	-	0	0	-0	0	-
Total Liabilities	4,408	4,124	3,656	3,120	2,742	2,288
Common Stock	295.97	295.97	295.97	295.97	295.97	295.97
Additional Paid-In Capital	-	-	-	-	265.44	265.44
Retained Earnings	-	-	-	-	984.49	826.23
Comprehensive Income & Other	1,778	1,693	1,506	1,370	-	-
Total Common Equity	2,074	1,989	1,802	1,666	1,546	1,388
Minority Interest	21.53	21.43	9.75	4.32	-0.62	0.16
Shareholders' Equity	2,096	2,010	1,811	1,670	1,545	1,388
Total Liabilities & Equity	6,504	6,134	5,467	4,790	4,287	3,676
Total Debt	3,045	2,694	2,484	2,067	1,767	1,412
Net Cash (Debt)	-2,914	-2,222	-2,419	-1,867	-1,604	-1,139
Net Cash Per Share	-99.15	-75.08	-81.73	-63.08	-54.21	-38.50
Filing Date Shares Outstanding	29.52	29.6	29.6	29.6	29.6	29.6
Total Common Shares Outstanding	29.52	29.6	29.6	29.6	29.6	29.6
Working Capital	730.73	685.82	866.88	994.89	1,029	1,038
Book Value Per Share	70.25	67.20	60.87	56.28	52.23	46.88
Tangible Book Value	2,046	1,959	1,768	1,632	1,515	1,366
Tangible Book Value Per Share	69.31	66.20	59.72	55.14	51.20	46.15
Land	-	208.55	133.14	47.85	47.85	48.33
Buildings	-	328.13	265.24	150.98	148.06	135.27
Machinery	-	1,904	1,779	1,460	1,396	1,300
Construction In Progress	-	296.59	267.4	357.87	130.33	29.32

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