Master Trust 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	-	447.1	96.89	194.77	66.2	159.66
Accounts Receivable	-	1,606	1,250	496.09	557.13	659.25
Other Receivables	-	1,434	728.06	811.1	550.18	695.03
Property, Plant & Equipment	-	148.03	153	138.22	118.75	99.48
Investments in Debt & Equity Securities	-	192.57	146.24	60.88	66.83	135.27
Other Current Assets	-	14,369	14,971	10,100	8,410	5,703
Long-Term Deferred Tax Assets	-	0.05	24.2	43.11	4.87	-
Other Long-Term Assets	-	1,145	1,059	314.92	187.99	283.9
Total Assets	-	19,529	18,657	12,328	10,277	7,856
Accounts Payable	-	9,331	10,330	6,666	6,019	4,007
Accrued Expenses	-	56.12	71.62	36	40.48	24.59
Short-Term Debt	-	747.74	264.3	740.99	230.57	131.47
Current Portion of Long-Term Debt	-	1,823	876.9	154.02	-	-
Other Current Liabilities	-	1,068	1,230	327.96	0.21	0.55
Long-Term Debt	-	8.42	732.99	727.25	736.43	819.14
Long-Term Deferred Tax Liabilities	-	-	-	-	-	17.16
Other Long-Term Liabilities	-	85.61	54.38	-	244.84	273.73
Total Liabilities	-	13,130	13,598	8,661	7,279	5,301
Common Stock	-	112.26	108.76	108.76	108.76	108.76
Additional Paid-In Capital	-	701.88	460.38	460.38	460.38	460.38
Retained Earnings	-	5,375	4,138	3,058	2,416	1,864
Comprehensive Income & Other	-	193.14	335.54	22.56	13.02	122.53
Total Common Equity	7,538	6,383	5,043	3,650	2,998	2,556
Minority Interest	-	16.37	16.34	16.3	-	-
Shareholders' Equity	7,555	6,399	5,059	3,666	2,998	2,556
Total Liabilities & Equity	-	19,529	18,657	12,328	10,277	7,856
Total Debt	1,628	2,579	1,874	1,622	967	950.61
Net Cash (Debt)	13,800	-2,132	-1,777	-1,427	-900.8	-790.95
Net Cash Growth	2.93%	-	-	-	-	-
Net Cash Per Share	116.95	-18.21	-16.09	-13.12	-8.28	-7.27
Filing Date Shares Outstanding	116.74	112.27	108.77	108.77	108.77	108.77
Total Common Shares Outstanding	116.74	112.27	108.77	108.77	108.77	108.77
Working Capital	-	5,016	4,472	3,845	3,608	3,153
Book Value Per Share	64.81	56.85	46.36	33.56	27.57	23.50
Tangible Book Value	7,538	6,383	5,043	3,650	2,998	2,556
Tangible Book Value Per Share	64.81	56.85	46.36	33.56	27.57	23.50

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