NLC India Balance Sheet

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	8,422	1,870	5,655	774.8	1,394
Short-Term Investments	6.1	1.8	0.6	50	-
Accounts Receivable	33,377	41,216	51,713	72,572	49,927
Other Receivables	269	3,105	3,407	2,125	672.5
Inventory	22,813	19,127	14,836	11,825	12,014
Prepaid Expenses	-	504.5	1,170	1,043	1,141
Restricted Cash	-	66.8	84.7	58.5	18.8
Loans Receivable Current	240.1	200.3	218.5	60.2	268.2
Other Current Assets	19,684	14,557	16,173	9,293	10,514
Total Current Assets	84,811	80,648	93,258	97,801	75,951
Property, Plant & Equipment	506,375	457,838	408,887	385,150	375,936
Regulatory Assets	8,525	4,696	18,011	17,947	26,755
Other Intangible Assets	2,512	2,126	2,287	1,795	1,898
Long-Term Investments	78.6	80.8	78.4	75.9	66.2
Long-Term Loans Receivable	110.7	92.2	155.9	349.5	231.9
Long-Term Deferred Tax Assets	4,581	-	-	-	-
Long-Term Deferred Charges	-	-	-	-	1,136
Long-Term Accounts Receivable	-	718.1	2,749	4,654	-
Other Long-Term Assets	45,029	32,315	23,992	22,904	15,880
Total Assets	652,023	578,514	549,418	530,677	497,854
Accounts Payable	13,498	18,980	13,754	9,509	15,180
Accrued Expenses	-	17,958	11,622	9,444	11,064
Short-Term Debt	47,695	26,275	17,475	22,813	15,924
Current Portion of Long-Term Debt	-	12,735	14,063	15,262	16,208
Current Unearned Revenue	-	40.1	39.5	37.8	46.2
Current Portion of Leases	44.7	21.2	23.2	24.2	-
Current Income Taxes Payable	1,859	-	-	-	-
Other Current Liabilities	42,529	31,063	22,489	13,676	4,072
Total Current Liabilities	105,626	107,073	79,465	70,766	62,493
Long-Term Debt	230,324	184,911	192,257	184,982	188,453
Long-Term Leases	853.7	343.5	337.2	250	277
Long-Term Unearned Revenue	-	2,205	1,337	1,180	1,237
Long-Term Deferred Tax Liabilities	34,839	40,284	37,904	33,814	30,543
Other Long-Term Liabilities	27,641	24,250	44,455	63,429	51,109
Total Liabilities	399,283	359,066	355,756	354,420	334,111
Common Stock	13,866	13,866	13,866	13,866	13,866
Retained Earnings	-	167,533	145,485	131,816	122,063
Comprehensive Income & Other	201,381	5,830	5,959	6,006	5,963
Total Common Equity	215,248	187,230	165,311	151,688	141,892
Minority Interest	37,493	32,218	28,352	24,568	21,851
Shareholders' Equity	252,740	219,447	193,662	176,257	163,743
Total Liabilities & Equity	652,023	578,514	549,418	530,677	497,854
Total Debt	278,918	224,286	224,155	223,331	220,861
Net Cash (Debt)	-270,490	-222,414	-218,500	-222,507	-219,467
Net Cash Per Share	-195.06	-160.40	-157.58	-160.46	-158.27
Filing Date Shares Outstanding	1,387	1,387	1,387	1,387	1,387
Total Common Shares Outstanding	1,387	1,387	1,387	1,387	1,387
Working Capital	-20,815	-26,425	13,793	27,035	13,458
Book Value Per Share	155.24	135.02	119.22	109.39	102.33
Tangible Book Value	212,735	185,104	163,024	149,893	139,994
Tangible Book Value Per Share	153.43	133.49	117.57	108.10	100.96
Land	-	23,053	21,487	19,225	17,394
Buildings	-	10,677	8,931	8,734	8,565
Machinery	-	385,982	309,285	304,456	304,904
Construction In Progress	-	152,974	177,265	146,363	129,086

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