Suratwwala Business Group 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	-	10.71	55.15	7.57	5.41	6.95
Short-Term Investments	-	-	-	-	-	19.08
Trading Asset Securities	-	110.36	22.43	9.48	3.54	-
Cash & Short-Term Investments	132.05	121.07	77.58	17.04	8.95	26.03
Cash Growth	225.80%	56.06%	355.16%	90.52%	-65.63%	126.23%
Accounts Receivable	-	42.36	68.2	6.83	8.02	105.6
Other Receivables	-	-	-	-	1.44	16.29
Receivables	-	42.36	68.2	6.83	9.45	121.89
Inventory	-	1,317	1,059	1,031	708.87	427.88
Prepaid Expenses	-	-	-	-	-	0.8
Other Current Assets	-	59.2	19.84	7.94	16.66	43.95
Total Current Assets	-	1,539	1,225	1,063	743.93	620.54
Property, Plant & Equipment	-	271.28	12.47	7.54	9.72	5.17
Long-Term Investments	-	2.1	2.01	2.01	1.01	4.28
Long-Term Deferred Tax Assets	-	1.19	1.39	2	3.38	0.52
Other Long-Term Assets	-	38.97	31.37	128.27	357.75	105.5
Total Assets	-	1,853	1,272	1,203	1,116	736.01
Accounts Payable	-	127.53	93.96	80.72	19.91	15.44
Accrued Expenses	-	69.27	62.62	25.98	8.4	21.68
Short-Term Debt	-	69.08	324.44	261.91	304.08	-
Current Portion of Long-Term Debt	-	11.34	0.56	1.11	0.27	-
Current Portion of Leases	-	0.99	1.19	0.95	0.81	-
Current Income Taxes Payable	-	22.02	-	52.47	36.66	19.49
Current Unearned Revenue	-	0.03	6.71	2.32	-	-
Other Current Liabilities	-	199.16	135.19	593.32	708.92	166.12
Total Current Liabilities	-	499.41	624.66	1,019	1,079	222.73
Long-Term Debt	-	645.67	50.27	50.77	126.79	242.67
Long-Term Leases	-	0.17	1.08	1.41	3.17	-
Pension & Post-Retirement Benefits	-	0.13	0.12	1.23	1.01	-
Other Long-Term Liabilities	-	5.92	3.76	5.8	6.3	-
Total Liabilities	-	1,151	679.89	1,078	1,216	465.41
Common Stock	-	173.42	173.42	173.42	173.42	173.42
Additional Paid-In Capital	-	23	23	23	23	23
Retained Earnings	-	490.94	382.18	-85.21	-297.51	74.19
Total Common Equity	820.89	687.35	578.6	111.21	-101.1	270.61
Minority Interest	-	14.06	13.63	13.62	0.56	-
Shareholders' Equity	885.33	701.42	592.23	124.83	-100.54	270.61
Total Liabilities & Equity	-	1,853	1,272	1,203	1,116	736.01
Total Debt	651.42	727.25	377.54	316.14	435.12	242.67
Net Cash (Debt)	-519.37	-606.18	-299.96	-299.1	-426.17	-216.65
Net Cash Per Share	-2.94	-3.50	-1.73	-1.72	-2.46	-1.40
Filing Date Shares Outstanding	179.53	173.42	173.42	173.42	173.42	173.42
Total Common Shares Outstanding	179.53	173.42	173.42	173.42	173.42	173.42
Working Capital	-	1,040	600.22	44.22	-335.13	397.81
Book Value Per Share	4.63	3.96	3.34	0.64	-0.58	1.56
Tangible Book Value	820.89	687.35	578.6	111.21	-101.1	270.61
Tangible Book Value Per Share	4.63	3.96	3.34	0.64	-0.58	1.56
Land	-	201.72	-	-	-	-
Machinery	-	35.22	31.13	22.78	20.71	18.54
Construction In Progress	-	57.43	-	-	-	-

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