Mazagon Dock Shipbuilders 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	-	52,854	52,185	18,684	7,205	7,399
Short-Term Investments	-	108,640	89,910	114,179	107,600	72,880
Cash & Short-Term Investments	129,917	161,494	142,095	132,864	114,805	80,279
Cash Growth	-4.43%	13.65%	6.95%	15.73%	43.01%	38.45%
Accounts Receivable	-	16,721	19,042	12,856	14,124	11,796
Other Receivables	-	2,868	3,076	2,214	1,407	1,396
Receivables	-	19,589	22,118	15,070	15,531	13,192
Inventory	-	45,371	57,134	73,569	77,001	58,886
Prepaid Expenses	-	870.6	40.9	40.9	34.9	83.8
Other Current Assets	-	19,814	36,495	39,309	57,923	68,401
Total Current Assets	-	247,138	257,882	260,852	265,294	220,842
Property, Plant & Equipment	-	15,775	8,879	10,686	10,435	8,751
Long-Term Investments	-	7,650	6,788	5,886	5,423	5,187
Other Intangible Assets	-	214	216.8	173.6	80.6	119.2
Long-Term Accounts Receivable	-	177.3	176.5	180.2	177.3	154.4
Long-Term Deferred Tax Assets	-	6,783	5,998	4,501	4,468	4,236
Other Long-Term Assets	-	9,140	14,348	12,353	11,823	12,096
Total Assets	-	287,077	294,488	294,632	297,702	251,385
Accounts Payable	-	37,383	44,298	44,628	61,657	63,618
Accrued Expenses	-	2,897	2,959	2,094	2,108	1,950
Current Portion of Leases	-	3	1.2	57.3	69	66.3
Current Unearned Revenue	-	154,944	177,234	193,333	187,078	141,761
Other Current Liabilities	-	3,004	1,695	1,286	927.9	498.3
Total Current Liabilities	-	198,230	226,187	241,399	251,839	207,894
Long-Term Leases	-	200.3	164.3	3.1	47.4	230.3
Long-Term Unearned Revenue	-	1,197	1,266	1,335	1,403	1,480
Pension & Post-Retirement Benefits	-	1,043	1,026	930.2	972	848.6
Other Long-Term Liabilities	-	7,008	3,410	3,364	4,863	6,615
Total Liabilities	-	207,678	232,053	247,030	259,125	217,068
Common Stock	-	2,017	2,017	2,017	2,017	2,017
Retained Earnings	-	76,728	59,736	44,858	35,832	31,532
Comprehensive Income & Other	-	653.9	681.4	727	728	768.6
Shareholders' Equity	89,103	79,399	62,435	47,602	38,577	34,317
Total Liabilities & Equity	-	287,077	294,488	294,632	297,702	251,385
Total Debt	18.4	203.3	165.5	60.4	116.4	296.6
Net Cash (Debt)	129,898	161,291	141,929	132,803	114,688	79,983
Net Cash Growth	-4.19%	13.64%	6.87%	15.79%	43.39%	38.78%
Net Cash Per Share	322.02	399.85	351.85	329.23	284.32	198.28
Filing Date Shares Outstanding	403.38	403.38	403.38	403.38	403.38	403.38
Total Common Shares Outstanding	403.38	403.38	403.38	403.38	403.38	403.38
Working Capital	-	48,908	31,695	19,453	13,455	12,948
Book Value Per Share	220.89	196.83	154.78	118.01	95.63	85.07
Tangible Book Value	88,910	79,185	62,218	47,428	38,496	34,198
Tangible Book Value Per Share	220.41	196.30	154.24	117.58	95.43	84.78
Land	-	1,077	1,077	1,077	1,077	1,077
Buildings	-	4,184	3,975	3,729	3,089	3,063
Machinery	-	6,768	6,266	5,942	5,747	5,569
Construction In Progress	-	1,332	682.4	616.2	869.4	801.5

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