Rubicon Research 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	-	1,050	506.05	544.27	386.71	841.61
Trading Asset Securities	-	-	-	-	-	137.98
Cash & Short-Term Investments	1,514	1,050	506.05	544.27	386.71	979.59
Cash Growth	199.22%	107.45%	-7.02%	40.74%	-60.52%	-
Accounts Receivable	-	3,238	3,015	2,250	1,396	1,363
Other Receivables	-	374.04	425.95	257.56	238.26	171.48
Receivables	-	3,612	3,441	2,507	1,634	1,535
Inventory	-	5,216	3,005	1,672	895.87	622.55
Prepaid Expenses	-	546.01	422.28	168.58	119.64	102.1
Other Current Assets	-	209.79	257.78	123.57	247.79	123.68
Total Current Assets	-	10,634	7,632	5,016	3,284	3,363
Property, Plant & Equipment	-	2,760	2,568	2,033	1,615	1,465
Long-Term Investments	-	0.5	0.5	0.5	0.5	2.85
Goodwill	-	476.11	513.3	21.7	21.64	20.77
Other Intangible Assets	-	101.87	87.44	183.88	319.59	453.04
Long-Term Deferred Tax Assets	-	17.71	9.26	-	-	-
Other Long-Term Assets	-	524.26	284.4	241.83	354.48	77.92
Total Assets	-	14,514	11,095	7,497	5,595	5,383
Accounts Payable	-	2,391	1,767	968.72	569.68	332.42
Accrued Expenses	-	306.32	208.82	135.89	115.19	97.79
Short-Term Debt	-	2,901	2,642	1,958	913.56	434.97
Current Portion of Long-Term Debt	-	385.8	395.85	248.48	144.18	112.97
Current Portion of Leases	-	78.65	60.72	17.52	38.78	35.13
Current Income Taxes Payable	-	318.06	35.51	90.41	2.79	2.18
Other Current Liabilities	-	1,479	614.53	194.27	50.91	96.18
Total Current Liabilities	-	7,860	5,725	3,613	1,835	1,112
Long-Term Debt	-	815.73	1,093	972.77	637.83	384.82
Long-Term Leases	-	165.74	220.36	-	15.61	50.67
Pension & Post-Retirement Benefits	-	61.62	19.66	10.65	7.09	3.79
Long-Term Deferred Tax Liabilities	-	-	-	14.54	39.04	81.95
Other Long-Term Liabilities	-	201.07	187.11	22.18	6.55	8.19
Total Liabilities	-	9,104	7,245	4,633	2,541	1,641
Common Stock	-	154.13	152.1	50.7	50.7	50.7
Additional Paid-In Capital	-	2,599	2,378	2,480	2,480	2,480
Retained Earnings	-	2,521	1,161	253.43	424.85	1,101
Comprehensive Income & Other	-	135.95	158.45	79.75	98.55	109.8
Total Common Equity	6,474	5,410	3,850	2,864	3,054	3,741
Minority Interest	-	0.01	-	-	-	0
Shareholders' Equity	6,474	5,410	3,850	2,864	3,054	3,741
Total Liabilities & Equity	-	14,514	11,095	7,497	5,595	5,383
Total Debt	5,675	4,347	4,412	3,197	1,750	1,019
Net Cash (Debt)	-4,161	-3,297	-3,906	-2,652	-1,363	-38.98
Net Cash Per Share	-26.30	-21.30	-25.37	-17.44	-8.96	-0.25
Filing Date Shares Outstanding	163.22	154.13	152.1	152.1	152.1	152.1
Total Common Shares Outstanding	163.22	154.13	152.1	152.1	152.1	152.1
Working Capital	-	2,773	1,907	1,403	1,449	2,251
Book Value Per Share	41.96	35.10	25.31	18.83	20.08	24.60
Tangible Book Value	5,899	4,832	3,249	2,658	2,713	3,268
Tangible Book Value Per Share	38.23	31.35	21.36	17.48	17.84	21.48
Buildings	-	701.99	657.18	590.7	581.22	481.42
Machinery	-	2,801	2,440	1,865	1,525	1,266
Construction In Progress	-	66.69	95.82	245.06	26.38	56.69
Leasehold Improvements	-	144.72	144.75	144.68	144.74	141.52

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