Minal Industries Limited (NSE:MINALIND)

Minal Industries Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	21.66	47.98	8.39	2.75	4.64	6.19
Short-Term Investments	74.24	15.5	-	-	-	-
Cash & Short-Term Investments	95.9	63.48	8.39	2.75	4.64	6.19
Cash Growth	589.45%	656.98%	205.17%	-40.79%	-25.02%	-56.15%
Accounts Receivable	132.53	167.35	240.25	145.64	92.26	122.64
Other Receivables	-	2.38	0.19	0.76	17.51	1.27
Receivables	135.14	172.33	243.05	155.39	115.15	131.78
Inventory	649.93	566.28	513.77	654.58	624.33	491.62
Prepaid Expenses	-	1.32	0.85	0.82	0.01	0.39
Other Current Assets	12.07	8.54	18.81	27.8	14.31	12.57
Total Current Assets	893.03	811.94	784.88	841.34	758.43	642.55
Property, Plant & Equipment	36.25	34.6	36.16	36.74	41.65	44.49
Long-Term Investments	0	27.3	27.29	30	40	36.62
Other Intangible Assets	1.52	1.63	1.55	1.84	0.28	0.33
Long-Term Deferred Tax Assets	-	-	-	-	0.38	0.13
Other Long-Term Assets	1.86	1.85	1.68	1.56	2.04	2.89
Total Assets	932.67	877.31	851.56	911.48	842.78	727.01

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	181.74	159.32	107.01	154.18	82.45	13.86
Accrued Expenses	-	5.45	3.96	4.03	0.09	1.83
Short-Term Debt	4.16	4.15	4.15	21.49	109.16	81.11
Current Portion of Leases	1.54	1.54	1.54	1.54	-	2.64
Current Income Taxes Payable	-	-	-	2.75	1.82	1.82
Other Current Liabilities	6.11	0.43	16.79	3.49	18.97	2
Total Current Liabilities	193.54	170.89	133.45	187.48	212.49	103.25
Long-Term Debt	57.42	52.72	70.67	102.92	-	-
Long-Term Leases	4.22	4.75	6.03	6.5	9.08	7.43
Pension & Post-Retirement Benefits	-	5.5	5.53	3.45	6.56	4.95
Long-Term Deferred Tax Liabilities	1.88	1.96	1.71	1.65	0.47	1.22
Other Long-Term Liabilities	5.92	-	-0	-	-0	0
Total Liabilities	262.98	235.82	217.39	301.99	228.59	116.86

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	383.8	383.8	383.8	383.8	383.8	383.8
Additional Paid-In Capital	-	116.73	116.73	116.73	116.73	116.73
Retained Earnings	-	23	23.36	-83.15	-68.17	-77.87
Comprehensive Income & Other	156.68	8.47	8.47	116.92	115.36	113.84
Total Common Equity	540.48	532	532.36	534.3	547.72	536.51
Minority Interest	129.21	109.49	101.8	75.19	66.47	73.64
Shareholders' Equity	669.69	641.49	634.16	609.49	614.19	610.15
Total Liabilities & Equity	932.67	877.31	851.56	911.48	842.78	727.01

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	67.34	63.16	82.39	132.45	118.24	91.19
Net Cash (Debt)	28.56	0.32	-74	-129.7	-113.6	-85
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-	0.00	-0.39	-0.68	-0.59	-0.44
Filing Date Shares Outstanding	-	191.9	191.9	191.9	191.9	191.9
Total Common Shares Outstanding	-	191.9	191.9	191.9	191.9	191.9
Working Capital	699.5	641.05	651.43	653.86	545.93	539.3
Book Value Per Share	-	2.77	2.77	2.78	2.85	2.80
Tangible Book Value	538.96	530.38	530.81	532.46	547.44	536.18
Tangible Book Value Per Share	-	2.76	2.77	2.77	2.85	2.79
Buildings	-	65.46	65.46	65.46	65.46	64.72
Machinery	-	122.22	118.47	113.87	113.65	109.9

Data Source: S&P Global Market Intelligence Last updated: Nov 5, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 7, 2026

Data Sources Report a data error