Ola Electric Mobility 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	Jun '25 Jun 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	-	3,390	1,070	2,429	12,350	3,582
Short-Term Investments	-	24,220	6,640	5,854	2,440	9,170
Trading Asset Securities	-	20	260	2,382	10,646	4,554
Cash & Short-Term Investments	35,180	27,630	7,970	10,665	25,436	17,306
Cash Growth	341.59%	246.68%	-25.27%	-58.07%	46.98%	-
Accounts Receivable	-	90	1,580	1,528	176.1	4.9
Other Receivables	-	7,860	7,210	4,725	562.96	246
Receivables	-	7,950	8,790	6,253	739.06	250.9
Inventory	-	7,840	6,940	5,840	2,843	32.22
Prepaid Expenses	-	320	160	321.09	221.19	60.4
Other Current Assets	-	22,870	16,600	11,418	11,397	1,047
Total Current Assets	-	66,610	40,460	34,496	40,635	18,697
Property, Plant & Equipment	-	28,850	23,800	11,418	9,084	584.39
Long-Term Investments	-	380	380	378.6	378.6	-
Goodwill	-	90	90	61.9	61.9	140.75
Other Intangible Assets	-	9,620	8,150	5,780	1,929	744.04
Other Long-Term Assets	-	5,200	4,470	3,596	1,869	960.24
Total Assets	-	110,750	77,350	55,732	53,959	21,126
Accounts Payable	-	9,510	13,490	6,933	3,568	432.43
Accrued Expenses	-	980	1,520	2,984	1,489	481.01
Short-Term Debt	-	9,850	9,730	9,226	2,069	388.72
Current Portion of Long-Term Debt	-	3,340	980	228.2	197.6	-
Current Portion of Leases	-	2,000	1,060	101.61	43.56	8.7
Current Unearned Revenue	-	1,630	1,930	1,047	478.9	2.57
Other Current Liabilities	-	8,230	11,370	2,989	3,719	63.72
Total Current Liabilities	-	35,540	40,080	23,509	11,565	1,377
Long-Term Debt	-	17,240	13,190	7,003	5,238	-
Long-Term Leases	-	3,130	2,150	398.6	490.37	24.3
Long-Term Unearned Revenue	-	1,500	1,590	1,206	-	-
Other Long-Term Liabilities	-	1,800	-	-	23.93	-
Total Liabilities	-	59,320	57,160	32,167	17,344	1,420
Common Stock	-	44,110	19,550	19,555	19,555	0.1
Additional Paid-In Capital	-	68,990	9,190	9,195	8,674	21,675
Retained Earnings	-	-63,470	-40,560	-24,671	-9,949	-2,120
Comprehensive Income & Other	-	1,800	32,010	19,486	18,335	151.51
Shareholders' Equity	51,430	51,430	20,190	23,564	36,615	19,706
Total Liabilities & Equity	-	110,750	77,350	55,732	53,959	21,126
Total Debt	35,560	35,560	27,110	16,958	8,038	421.72
Net Cash (Debt)	-380	-7,930	-19,140	-6,293	17,398	16,884
Net Cash Growth	-	-	-	-	3.04%	-
Net Cash Per Share	-0.09	-1.91	-5.25	-1.67	4.96	5.00
Filing Date Shares Outstanding	4,412	4,411	3,687	3,765	3,511	3,379
Total Common Shares Outstanding	4,412	4,411	4,929	3,765	3,511	3,379
Working Capital	-	31,070	380	10,987	29,070	17,320
Book Value Per Share	11.65	11.66	4.10	6.26	10.43	5.83
Tangible Book Value	41,720	41,720	11,950	17,722	34,623	18,821
Tangible Book Value Per Share	9.45	9.46	2.42	4.71	9.86	5.57
Buildings	-	8,660	6,270	3,329	3,009	-
Machinery	-	17,230	11,980	6,824	4,904	203.3
Construction In Progress	-	2,540	4,190	1,309	183.53	48.63
Leasehold Improvements	-	1,010	980	316.19	38.6	49

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