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	2016 - 2020
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	2016 - 2020
Cash & Equivalents	110.56	227.42	14.03	25.17	70.5	195.76	Upgrade
Short-Term Investments	20.51	244.25	50.9	175.23	92.47	77.15	Upgrade
Cash & Short-Term Investments	131.08	471.66	64.93	200.4	162.97	272.91	Upgrade
Cash Growth	-54.03%	626.47%	-67.60%	22.96%	-40.28%	88.09%	Upgrade
Accounts Receivable	1,812	1,546	1,461	1,424	1,342	1,196	Upgrade
Other Receivables	-	258.94	194.99	143.97	134.81	102.27	Upgrade
Receivables	1,830	1,860	1,875	1,579	1,489	1,314	Upgrade
Inventory	1,616	1,520	1,348	1,108	892.28	799.86	Upgrade
Prepaid Expenses	-	17.64	14.6	13.82	7.69	9.26	Upgrade
Other Current Assets	873.32	113.95	153.4	216.21	228.56	29.58	Upgrade
Total Current Assets	4,450	3,983	3,455	3,118	2,781	2,426	Upgrade
Property, Plant & Equipment	1,836	1,885	1,734	1,404	1,212	1,114	Upgrade
Goodwill	-	-	-	-	-	2.81	Upgrade
Other Intangible Assets	27.69	29.65	33.97	33.64	30.47	19.01	Upgrade
Other Long-Term Assets	189.8	236.86	244.16	234.95	263.83	114.4	Upgrade
Total Assets	6,504	6,134	5,467	4,790	4,287	3,676	Upgrade
Accounts Payable	1,114	1,109	883.11	808.13	767	683.34	Upgrade
Accrued Expenses	-	55.01	60.74	82.08	94.68	84.73	Upgrade
Short-Term Debt	-	1,622	1,143	873.34	579.59	407.75	Upgrade
Current Portion of Long-Term Debt	2,458	337.22	361.58	270.48	263.1	169.92	Upgrade
Current Portion of Leases	3.72	3.72	0.51	8.22	7.18	-	Upgrade
Current Income Taxes Payable	-	56.24	38.9	-	-	-	Upgrade
Other Current Liabilities	144.04	113.63	100.48	80.73	40.31	42.5	Upgrade
Total Current Liabilities	3,720	3,297	2,588	2,123	1,752	1,388	Upgrade
Long-Term Debt	576.43	723.13	976.98	909.38	903.56	799.8	Upgrade
Long-Term Leases	6.34	7.66	1.86	5.82	14.04	34.88	Upgrade
Long-Term Deferred Tax Liabilities	106.07	96.22	88.45	82.29	72.36	65.12	Upgrade
Other Long-Term Liabilities	-	0	0	-0	0	-	Upgrade
Total Liabilities	4,408	4,124	3,656	3,120	2,742	2,288	Upgrade
Common Stock	295.97	295.97	295.97	295.97	295.97	295.97	Upgrade
Additional Paid-In Capital	-	-	-	-	265.44	265.44	Upgrade
Retained Earnings	-	-	-	-	984.49	826.23	Upgrade
Comprehensive Income & Other	1,778	1,693	1,506	1,370	-	-	Upgrade
Total Common Equity	2,074	1,989	1,802	1,666	1,546	1,388	Upgrade
Minority Interest	21.53	21.43	9.75	4.32	-0.62	0.16	Upgrade
Shareholders' Equity	2,096	2,010	1,811	1,670	1,545	1,388	Upgrade
Total Liabilities & Equity	6,504	6,134	5,467	4,790	4,287	3,676	Upgrade
Total Debt	3,045	2,694	2,484	2,067	1,767	1,412	Upgrade
Net Cash (Debt)	-2,914	-2,222	-2,419	-1,867	-1,604	-1,139	Upgrade
Net Cash Per Share	-65.86	-75.08	-81.73	-63.08	-54.21	-38.50	Upgrade
Filing Date Shares Outstanding	29.52	29.6	29.6	29.6	29.6	29.6	Upgrade
Total Common Shares Outstanding	29.52	29.6	29.6	29.6	29.6	29.6	Upgrade
Working Capital	730.73	685.82	866.88	994.89	1,029	1,038	Upgrade
Book Value Per Share	70.25	67.20	60.87	56.28	52.23	46.88	Upgrade
Tangible Book Value	2,046	1,959	1,768	1,632	1,515	1,366	Upgrade
Tangible Book Value Per Share	69.31	66.20	59.72	55.14	51.20	46.15	Upgrade
Land	-	208.55	133.14	47.85	47.85	48.33	Upgrade
Buildings	-	328.13	265.24	150.98	148.06	135.27	Upgrade
Machinery	-	1,904	1,779	1,460	1,396	1,300	Upgrade
Construction In Progress	-	296.59	267.4	357.87	130.33	29.32	Upgrade

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