Midwest 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	-	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	-	2,400	1,191	962.46	416.42	517.74
Other Receivables	-	0.67	93.99	1.25	20.35	-
Receivables	-	2,857	1,403	1,074	552.55	559.53
Inventory	-	276.12	371.99	574.18	509.86	597.95
Prepaid Expenses	-	143.62	46.16	34.38	-	67.73
Other Current Assets	-	806.23	658.09	507.29	422.54	362.5
Total Current Assets	-	4,226	2,926	2,316	2,107	1,638
Property, Plant & Equipment	-	4,218	2,654	2,560	2,399	2,138
Long-Term Investments	-	218.94	206.36	191.84	113.24	10.71
Goodwill	-	15.48	15.48	15.3	18.1	3.42
Other Intangible Assets	-	1,098	1,059	1,033	934.96	850.31
Long-Term Deferred Tax Assets	-	72.48	68.98	31.28	40.86	31.47
Other Long-Term Assets	-	629.83	674.6	412.81	424.42	348.49
Total Assets	-	10,587	7,604	6,560	6,038	5,021
Accounts Payable	-	499.51	215.79	205.01	105.84	133.5
Accrued Expenses	-	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	-	307.89	273.73	273.83	240.39	249.88
Current Portion of Leases	-	6.81	6.55	1.53	-	-
Current Income Taxes Payable	-	228.99	34.31	28.49	-	47.46
Other Current Liabilities	-	577.08	643.47	441.61	920.34	382.54
Total Current Liabilities	-	2,634	1,761	1,759	1,904	1,583
Long-Term Debt	-	1,377	566.44	613.8	537.21	536.86
Long-Term Leases	-	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	-	24.98	32.91	-	-	-
Other Long-Term Liabilities	-	133.83	163.16	14.67	20.63	28.65
Total Liabilities	-	4,263	2,613	2,441	2,515	2,198
Common Stock	-	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	-	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	-	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	-	10,587	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	-53.49	-67.27	-23.50	-40.94	-10.55	-44.10
Filing Date Shares Outstanding	37.6	33.81	33.81	33.81	33.81	33.81
Total Common Shares Outstanding	37.6	33.81	33.81	33.81	33.81	33.81
Working Capital	-	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	-	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.