Max Estates Balance Sheet

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	10,834	2,307	176.27	27.22
Short-Term Investments	5,820	1,192	1,297	584.07
Cash & Short-Term Investments	16,654	3,499	1,473	611.29
Cash Growth	375.90%	137.52%	141.02%	-
Accounts Receivable	145.03	101.59	64.79	19.33
Other Receivables	-	159.78	68.76	123.56
Receivables	145.03	261.37	133.54	142.89
Inventory	22,850	5,329	3,869	137.55
Prepaid Expenses	-	97.38	10.85	15.92
Other Current Assets	2,533	752.06	202.7	72.24
Total Current Assets	42,181	9,939	5,690	979.89
Property, Plant & Equipment	155.53	190.04	190.02	11.65
Long-Term Investments	51.17	272.04	636.45	1.03
Other Intangible Assets	28.31	33.04	33.31	0.35
Long-Term Accounts Receivable	37.25	404.13	335.34	6.38
Long-Term Deferred Tax Assets	881.86	648.75	199.85	4.38
Long-Term Deferred Charges	-	-	-	8.11
Other Long-Term Assets	29,125	19,527	15,187	9,242
Total Assets	72,461	31,014	22,272	10,254
Accounts Payable	4,531	372.92	270.35	99.75
Accrued Expenses	49.76	172.8	157.27	50.6
Short-Term Debt	-	-	625.94	266.7
Current Portion of Long-Term Debt	1,451	883.21	109.87	50.97
Current Portion of Leases	71.31	61.38	23.67	-
Current Income Taxes Payable	1.24	2.6	-	-
Current Unearned Revenue	-	-	2.88	14.05
Other Current Liabilities	14,968	4,932	107.28	86.49
Total Current Liabilities	21,072	6,425	1,297	568.55
Long-Term Debt	14,697	8,259	7,508	2,834
Long-Term Leases	343.09	414.25	348.81	-
Long-Term Unearned Revenue	-	156.72	2.94	17.21
Long-Term Deferred Tax Liabilities	165.73	74.3	108.34	39.12
Other Long-Term Liabilities	9,536	1,151	450.75	357.09
Total Liabilities	45,851	16,509	9,733	3,823
Common Stock	1,610	1,471	-	779.1
Additional Paid-In Capital	-	4,997	4,995	-
Retained Earnings	-	3,897	4,320	-446.95
Comprehensive Income & Other	21,175	1,343	2,797	5,757
Total Common Equity	22,785	11,709	12,112	6,089
Minority Interest	3,825	2,796	426.69	342.33
Shareholders' Equity	26,609	14,505	12,539	6,431
Total Liabilities & Equity	72,461	31,014	22,272	10,254
Total Debt	16,562	9,618	8,616	3,151
Net Cash (Debt)	92.03	-6,118	-7,143	-2,540
Net Cash Per Share	0.38	-41.59	-48.33	-32.60
Filing Date Shares Outstanding	192.69	147.13	77.91	77.91
Total Common Shares Outstanding	192.69	147.13	77.91	77.91
Working Capital	21,110	3,514	4,392	411.34
Book Value Per Share	118.25	79.58	155.46	78.15
Tangible Book Value	22,756	11,676	12,079	6,088
Tangible Book Value Per Share	118.10	79.36	155.03	78.15
Machinery	-	80.32	66.63	17.87
Leasehold Improvements	-	0.91	20.93	-

Updated Feb 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.