Munish Forge 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	Sep '25 Sep 30, 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	62.85	19.68	10.36	91.75	35.89	34.89
Cash & Short-Term Investments	62.85	19.68	10.36	91.75	35.89	34.89
Cash Growth	-31.50%	89.98%	-88.71%	155.66%	2.86%	21.05%
Accounts Receivable	248.32	253.5	201.57	212.27	231.08	208.76
Other Receivables	-	19.42	23.12	11.44	-	74.01
Receivables	303.13	301.61	224.69	223.71	231.08	282.77
Inventory	668.65	602.56	479.89	356.93	485.98	434.07
Prepaid Expenses	-	-	-	-	-	4.83
Other Current Assets	163.55	148.73	140.27	143.01	191.26	70.42
Total Current Assets	1,198	1,073	855.21	815.39	944.21	826.97
Property, Plant & Equipment	357.87	363.8	262.15	238.06	254.96	295.6
Long-Term Investments	126.29	118.17	-	-	-	-
Other Intangible Assets	2.67	1.87	1.18	1.39	1.59	-
Long-Term Deferred Charges	-	0.77	-	0.03	0.06	-
Other Long-Term Assets	57.69	58.21	12.4	13.96	13.33	11.53
Total Assets	1,743	1,615	1,131	1,069	1,214	1,134
Accounts Payable	131.26	156.18	122.99	72.98	124.46	117.12
Accrued Expenses	-	136.38	54.69	63.63	65.61	24.1
Short-Term Debt	-	454.66	400.02	413.67	425.94	380.4
Current Portion of Long-Term Debt	527.07	33.05	12.92	18.73	43.76	36.35
Current Portion of Leases	1.88	2.25	-	-	-	-
Current Income Taxes Payable	21.33	9.95	7.5	-	-	3.42
Other Current Liabilities	197.83	14.85	5.94	3.26	20.97	7.57
Total Current Liabilities	879.36	807.33	604.05	572.27	680.74	568.97
Long-Term Debt	103.13	114.33	110.8	118.27	166.89	174.55
Long-Term Leases	4.39	5.37	1.8	3	4.2	-
Long-Term Deferred Tax Liabilities	15.2	14.35	9.07	15.88	21.21	26.47
Other Long-Term Liabilities	-	-	0.01	0.01	0.01	-
Total Liabilities	1,002	941.37	725.73	709.42	873.04	769.99
Common Stock	177.14	177.14	96.36	96.36	96.36	105.36
Additional Paid-In Capital	-	177.88	140.1	140.1	140.1	-
Retained Earnings	-	315.1	165.52	121.63	101.95	-
Comprehensive Income & Other	563.5	3.91	3.23	1.31	2.69	258.75
Shareholders' Equity	740.63	674.03	405.22	359.41	341.11	364.11
Total Liabilities & Equity	1,743	1,615	1,131	1,069	1,214	1,134
Total Debt	636.47	609.66	525.54	553.67	640.79	591.31
Net Cash (Debt)	-573.62	-589.98	-515.18	-461.93	-604.91	-556.42
Net Cash Per Share	-32.35	-35.88	-31.45	-28.20	-36.93	-33.97
Filing Date Shares Outstanding	17.73	17.71	16.38	16.38	16.38	16.38
Total Common Shares Outstanding	17.73	17.71	16.38	16.38	16.38	16.38
Working Capital	318.83	265.25	251.17	243.13	263.47	258
Book Value Per Share	41.77	38.05	24.74	21.94	20.82	22.23
Tangible Book Value	737.97	672.16	404.03	358.02	339.51	364.11
Tangible Book Value Per Share	41.62	37.95	24.66	21.85	20.72	22.23
Land	-	12.35	12.35	12.35	12.35	-
Buildings	-	102.01	102.01	102.01	112.81	-
Machinery	-	680.76	503.92	506.76	541.88	-
Construction In Progress	-	-	49.34	-	-	-
Order Backlog	-	1,170	-	-	-	-

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