Munjal Showa 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	-	260.13	173.82	53.19	168	101.85
Trading Asset Securities	-	3,204	2,647	2,603	2,435	2,400
Cash & Short-Term Investments	3,007	3,464	2,821	2,656	2,603	2,502
Cash Growth	16.50%	22.80%	6.20%	2.05%	4.04%	-10.41%
Accounts Receivable	-	1,679	1,835	1,933	1,704	1,965
Other Receivables	-	-	-	14.98	0.12	0.36
Receivables	-	1,721	1,867	2,052	1,789	2,023
Inventory	-	772.68	728.25	734.39	727.37	880.39
Prepaid Expenses	-	48.38	36.35	33.84	33.81	30.93
Other Current Assets	-	63.83	144.06	138.14	34.74	18.99
Total Current Assets	-	6,070	5,596	5,614	5,188	5,455
Property, Plant & Equipment	-	1,170	1,211	1,284	1,297	1,336
Long-Term Investments	-	289.71	572.61	523.74	630.8	522.59
Other Intangible Assets	-	18.77	17.22	21.95	6.67	15.5
Long-Term Deferred Tax Assets	-	26.88	-	13.31	15.34	30
Other Long-Term Assets	-	696.68	693.15	636.18	704.21	636.59
Total Assets	-	8,284	8,106	8,106	7,859	8,014
Accounts Payable	-	1,202	1,154	1,285	1,139	1,263
Accrued Expenses	-	56.13	36.87	22.09	8.36	161.38
Current Unearned Revenue	-	-	-	0.18	0.2	0.2
Other Current Liabilities	-	169.07	157.33	186.88	232.47	58.35
Total Current Liabilities	-	1,428	1,348	1,495	1,380	1,482
Long-Term Unearned Revenue	-	-	-	-	0.18	0.38
Long-Term Deferred Tax Liabilities	-	-	11.99	-	-	-
Other Long-Term Liabilities	-	112.1	102.73	99.14	104.52	117.39
Total Liabilities	-	1,540	1,463	1,594	1,485	1,600
Common Stock	-	79.99	79.99	79.99	79.99	79.99
Retained Earnings	-	6,665	6,563	6,432	6,294	6,334
Comprehensive Income & Other	-	0	0	0	0	0
Shareholders' Equity	6,672	6,745	6,643	6,512	6,374	6,414
Total Liabilities & Equity	-	8,284	8,106	8,106	7,859	8,014
Net Cash (Debt)	3,007	3,464	2,821	2,656	2,603	2,502
Net Cash Growth	16.50%	22.80%	6.20%	2.05%	4.04%	-10.41%
Net Cash Per Share	75.18	86.61	70.53	66.41	65.08	62.55
Filing Date Shares Outstanding	39.95	40	40	40	40	40
Total Common Shares Outstanding	39.95	40	40	40	40	40
Working Capital	-	4,642	4,248	4,120	3,808	3,973
Book Value Per Share	166.30	168.64	166.08	162.83	159.37	160.37
Tangible Book Value	6,659	6,726	6,625	6,490	6,367	6,398
Tangible Book Value Per Share	165.97	168.17	165.65	162.28	159.20	159.98
Land	-	519.74	519.74	519.74	519.74	519.74
Buildings	-	562.68	560.03	560.03	534.01	534.01
Machinery	-	1,111	1,074	1,043	1,073	1,176
Construction In Progress	-	5.41	-	18.31	54.39	9.86

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.