Midwest Limited (NSE:MIDWESTLTD)

Midwest Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	356.44	142.25	254.58	110.16	356.1	48.28
Short-Term Investments	-	0.04	3.02	7.65	265.52	2
Trading Asset Securities	-	-	189.32	8.26	-	-
Cash & Short-Term Investments	356.44	142.29	446.92	126.07	621.62	50.29
Cash Growth	-20.24%	-68.16%	254.50%	-79.72%	1136.15%	-3.03%
Accounts Receivable	1,910	2,400	1,191	962.46	416.42	517.74
Other Receivables	0.02	0.67	93.99	1.25	20.35	-
Receivables	2,181	2,857	1,403	1,074	552.55	559.53
Inventory	264.97	276.12	371.99	574.18	509.86	597.95
Prepaid Expenses	-	143.62	46.16	34.38	-	67.73
Other Current Assets	824.07	806.23	658.09	507.29	422.54	362.5
Total Current Assets	3,626	4,226	2,926	2,316	2,107	1,638
Property, Plant & Equipment	4,754	4,218	2,654	2,560	2,399	2,138
Long-Term Investments	199.88	218.94	206.36	191.84	113.24	10.71
Goodwill	15.48	15.48	15.48	15.3	18.1	3.42
Other Intangible Assets	1,151	1,098	1,059	1,033	934.96	850.31
Long-Term Deferred Tax Assets	71.58	72.48	68.98	31.28	40.86	31.47
Other Long-Term Assets	708.11	629.83	674.6	412.81	424.42	348.49
Total Assets	10,825	10,587	7,604	6,560	6,038	5,021
Accounts Payable	442.5	499.51	215.79	205.01	105.84	133.5
Accrued Expenses	27.03	333.35	222.8	205.36	453.52	561.22
Short-Term Debt	-	680.74	364.66	603.13	183.62	208.73
Current Portion of Long-Term Debt	653.39	307.89	273.73	273.83	240.39	249.88
Current Portion of Leases	4.38	6.81	6.55	1.53	-	-
Current Income Taxes Payable	295.23	228.99	34.31	28.49	-	47.46
Other Current Liabilities	642.66	577.08	643.47	441.61	920.34	382.54
Total Current Liabilities	2,065	2,634	1,761	1,759	1,904	1,583
Long-Term Debt	1,638	1,377	566.44	613.8	537.21	536.86
Long-Term Leases	44.62	44.07	30.08	17.94	17.26	16.59
Long-Term Unearned Revenue	-	6.68	24.12	-	-	-
Pension & Post-Retirement Benefits	-	41.58	35.38	35.9	36.22	32.37
Long-Term Deferred Tax Liabilities	27.53	24.98	32.91	-	-	-
Other Long-Term Liabilities	169.17	133.83	163.16	14.67	20.63	28.65
Total Liabilities	3,944	4,263	2,613	2,441	2,515	2,198
Common Stock	169.06	169.06	96.61	7.43	7.43	7.43
Retained Earnings	-	5,146	3,928	3,157	3,153	2,549
Comprehensive Income & Other	6,568	876.66	920.62	931.39	266.89	239.4
Total Common Equity	6,737	6,192	4,945	4,096	3,427	2,796
Minority Interest	143.49	132.35	45.57	22.46	95.12	26.92
Shareholders' Equity	6,880	6,324	4,991	4,119	3,522	2,823
Total Liabilities & Equity	10,825	10,587	7,604	6,560	6,038	5,021
Total Debt	2,340	2,417	1,241	1,510	978.48	1,012
Net Cash (Debt)	-1,984	-2,275	-794.54	-1,384	-356.86	-961.77
Net Cash Per Share	-55.62	-67.27	-23.50	-40.94	-10.55	-44.10
Filing Date Shares Outstanding	33.91	33.81	33.81	33.81	33.81	33.81
Total Common Shares Outstanding	33.91	33.81	33.81	33.81	33.81	33.81
Working Capital	1,561	1,591	1,165	557.15	202.84	54.67
Book Value Per Share	198.64	183.12	146.25	121.15	101.36	82.69
Tangible Book Value	5,570	5,078	3,871	3,048	2,474	1,942
Tangible Book Value Per Share	164.25	150.19	114.47	90.16	73.18	57.44
Land	-	1,102	1,093	1,082	974.07	909.3
Buildings	-	163.49	163.42	166.24	164.06	120.57
Machinery	-	2,598	2,117	2,174	1,909	1,749
Construction In Progress	807.66	1,164	132.73	21.56	96.44	77.32
Leasehold Improvements	-	-16.83	19.59	19.59	19.59	19.59

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