NCL Industries 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	-	148.92	446.42	312.4	19.98	593.08
Cash & Short-Term Investments	175.44	148.92	446.42	312.4	19.98	593.08
Cash Growth	-44.07%	-66.64%	42.90%	1463.56%	-96.63%	6942.83%
Accounts Receivable	-	1,358	1,426	1,416	1,708	1,040
Other Receivables	-	168.65	242.04	183.91	202.02	187.32
Receivables	-	1,621	1,689	1,660	2,113	1,228
Inventory	-	2,481	1,770	1,496	1,289	1,051
Prepaid Expenses	-	13.94	13.87	17.13	13.04	7.07
Other Current Assets	-	347.79	494.35	633.62	1,084	504.52
Total Current Assets	-	4,613	4,414	4,119	4,519	3,384
Property, Plant & Equipment	-	10,911	10,288	10,342	9,728	8,802
Long-Term Investments	-	42.01	44.12	54.6	202.17	-
Goodwill	-	100.45	100.45	-	-	-
Long-Term Accounts Receivable	-	-	-	-	-	567.19
Other Long-Term Assets	-	681.84	543.11	545.97	255.46	236.71
Total Assets	-	16,348	15,390	15,062	14,705	12,990
Accounts Payable	-	1,515	896.27	848.48	661.07	625.09
Accrued Expenses	-	1,066	1,247	1,063	1,060	976.65
Short-Term Debt	-	274.39	-	-	372.07	296.64
Current Portion of Long-Term Debt	-	747.26	720.78	847.92	855.12	539.15
Current Portion of Leases	-	12.79	-	-	-	-
Current Income Taxes Payable	-	130.53	98.26	17.94	197.34	235.82
Other Current Liabilities	-	297.78	303.37	393.4	327.69	394.95
Total Current Liabilities	-	4,043	3,266	3,171	3,473	3,068
Long-Term Debt	-	2,144	2,195	2,907	2,813	2,366
Long-Term Leases	-	23.2	-	-	-	-
Long-Term Unearned Revenue	-	-	62.99	61.02	58.52	56.52
Pension & Post-Retirement Benefits	-	19.97	20.86	25.29	3.96	8.77
Long-Term Deferred Tax Liabilities	-	1,310	1,268	1,151	917.94	819.27
Other Long-Term Liabilities	-	225.34	86.23	48.63	30.92	24.07
Total Liabilities	-	7,766	6,899	7,364	7,297	6,343
Common Stock	-	452.33	452.33	452.33	452.33	452.33
Additional Paid-In Capital	-	2,122	2,122	2,122	2,122	2,122
Retained Earnings	-	5,990	5,896	5,100	4,809	4,048
Comprehensive Income & Other	-	18.04	20.28	24.09	24.39	24.39
Shareholders' Equity	8,894	8,582	8,491	7,699	7,408	6,647
Total Liabilities & Equity	-	16,348	15,390	15,062	14,705	12,990
Total Debt	3,174	3,201	2,915	3,755	4,040	3,202
Net Cash (Debt)	-2,999	-3,053	-2,469	-3,443	-4,020	-2,608
Net Cash Per Share	-66.27	-67.49	-54.59	-76.11	-88.87	-57.67
Filing Date Shares Outstanding	45.2	45.23	45.23	45.23	45.23	45.23
Total Common Shares Outstanding	45.2	45.23	45.23	45.23	45.23	45.23
Working Capital	-	570.24	1,149	948.59	1,046	315.19
Book Value Per Share	196.69	189.74	187.72	170.20	163.78	146.95
Tangible Book Value	8,793	8,482	8,391	7,699	7,408	6,647
Tangible Book Value Per Share	194.47	187.52	185.50	170.20	163.78	146.95
Land	-	937.7	904.12	858.01	808.2	782.68
Buildings	-	2,287	2,304	2,212	1,721	1,658
Machinery	-	9,871	9,904	9,754	7,979	7,789
Construction In Progress	-	1,483	385.67	282.53	1,713	605.38

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