Munish Forge Limited (NSE:MUNISH)

Munish Forge Balance Sheet

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

Assets

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	68.52	19.68	10.36	91.75	35.89
Cash & Short-Term Investments	68.52	19.68	10.36	91.75	35.89
Cash Growth	248.15%	89.98%	-88.71%	155.66%	2.86%
Accounts Receivable	416.53	253.5	201.57	212.27	231.08
Other Receivables	-	-	23.12	11.44	-
Receivables	473.73	282.19	224.69	223.71	231.08
Inventory	683.78	602.56	479.89	356.93	485.98
Other Current Assets	247	168.15	140.27	143.01	191.26
Total Current Assets	1,473	1,073	855.21	815.39	944.21
Property, Plant & Equipment	395.33	363.8	262.15	238.06	254.96
Long-Term Investments	127.56	118.17	-	-	-
Other Intangible Assets	2.43	1.87	1.18	1.39	1.59
Long-Term Deferred Charges	0.62	0.77	-	0.03	0.06
Other Long-Term Assets	96.34	58.21	12.4	13.96	13.33
Total Assets	2,095	1,615	1,131	1,069	1,214

Liabilities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	97.16	156.18	122.99	72.98	124.46
Accrued Expenses	74.93	136.38	54.69	63.63	65.61
Short-Term Debt	491.02	454.66	400.02	413.67	425.94
Current Portion of Long-Term Debt	26.31	33.05	12.92	18.73	43.76
Current Portion of Leases	8.84	2.25	-	-	-
Current Income Taxes Payable	12.53	10.5	7.5	-	-
Other Current Liabilities	64.27	14.85	5.94	3.26	20.97
Total Current Liabilities	775.05	807.88	604.05	572.27	680.74
Long-Term Debt	42.47	114.33	110.8	118.27	166.89
Long-Term Leases	3.36	5.37	1.8	3	4.2
Long-Term Deferred Tax Liabilities	11.97	14.35	9.07	15.88	21.21
Other Long-Term Liabilities	-0	-	0.01	0.01	0.01
Total Liabilities	832.85	941.93	725.73	709.42	873.04

Shareholders' Equity

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	240.7	177.14	96.36	96.36	96.36
Additional Paid-In Capital	657.6	245.33	140.1	140.1	140.1
Retained Earnings	348.26	247.94	165.52	121.63	101.95
Comprehensive Income & Other	15.89	3.07	3.23	1.31	2.69
Shareholders' Equity	1,262	673.48	405.22	359.41	341.11
Total Liabilities & Equity	2,095	1,615	1,131	1,069	1,214

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	572	609.66	525.54	553.67	640.79
Net Cash (Debt)	-503.48	-589.98	-515.18	-461.93	-604.91
Net Cash Growth	-	-	-	-	-
Net Cash Per Share	-24.10	-33.31	-31.45	-28.20	-36.93
Filing Date Shares Outstanding	24.07	17.71	16.38	16.38	16.38
Total Common Shares Outstanding	24.07	17.71	16.38	16.38	16.38
Working Capital	697.98	264.7	251.17	243.13	263.47
Book Value Per Share	52.45	38.02	24.74	21.94	20.82
Tangible Book Value	1,260	671.6	404.03	358.02	339.51
Tangible Book Value Per Share	52.35	37.91	24.66	21.85	20.72
Land	12.35	12.35	12.35	12.35	12.35
Buildings	102.09	102.01	102.01	102.01	112.81
Machinery	732.39	680.76	503.92	506.76	541.88
Construction In Progress	3.23	-	49.34	-	-

Data Source: S&P Global Market Intelligence Last updated: Sep 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:

Sep 30, 2026

Data Sources Report a data error