Solar Industries India Limited (NSE: SOLARINDS)

Solar Industries India Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	2,898	2,599	2,450	846.7	1,699	925.6
Short-Term Investments	351	16.8	47.6	46.5	47.4	80.1
Trading Asset Securities	-	2,221	292.1	59.2	5.1	-
Cash & Short-Term Investments	3,249	4,836	2,790	952.4	1,752	1,006
Cash Growth	26.77%	73.33%	192.95%	-45.63%	74.19%	-2.96%
Accounts Receivable	12,185	8,449	8,253	5,411	4,555	3,703
Other Receivables	-	1,250	169.2	733.2	623.7	866.9
Receivables	12,221	9,731	8,540	6,227	5,217	4,627
Inventory	10,687	10,195	12,139	8,423	4,728	3,482
Prepaid Expenses	-	326.7	204	198.9	208.2	73.5
Other Current Assets	4,709	1,395	1,341	837.9	351.1	646.8
Total Current Assets	30,866	26,484	25,014	16,639	12,257	9,835
Property, Plant & Equipment	27,434	24,437	19,225	16,630	15,239	13,165
Long-Term Investments	1,572	1,565	785.1	182.2	9.7	23.3
Goodwill	1,131	298.1	106.6	98.9	95.6	98.7
Other Intangible Assets	405.8	314	333	432.9	369	387.4
Long-Term Deferred Tax Assets	1,744	1,602	1,275	948.8	702.9	515.3
Long-Term Deferred Charges	-	126.3	174.5	69.1	101	83.7
Other Long-Term Assets	3,309	2,221	3,279	2,084	1,371	1,003
Total Assets	66,775	57,372	50,363	37,243	30,297	25,323
Accounts Payable	4,253	5,527	4,885	4,649	2,861	1,544
Accrued Expenses	176.1	1,379	1,367	932.3	742.8	805.4
Short-Term Debt	-	1,989	3,330	2,368	1,940	3,574
Current Portion of Long-Term Debt	6,601	3,225	3,635	1,934	1,590	979.6
Current Portion of Leases	121	91.1	65.1	43.8	48.2	40.2
Current Income Taxes Payable	380	186.9	628.4	219.1	178.6	32.4
Current Unearned Revenue	-	2,287	2,296	877.4	721.7	213.1
Other Current Liabilities	8,568	329.7	117	154.3	112.9	132.8
Total Current Liabilities	20,099	15,014	16,323	11,179	8,194	7,322
Long-Term Debt	4,980	5,836	4,727	4,359	4,332	2,528
Long-Term Leases	279.1	237.6	189.5	175.1	166	86.8
Long-Term Deferred Tax Liabilities	2,003	1,978	1,589	1,371	1,164	1,049
Other Long-Term Liabilities	423.2	2	-	-	10.4	3.1
Total Liabilities	27,784	23,100	22,856	17,094	13,876	11,007
Common Stock	181	181	181	181	181	181
Additional Paid-In Capital	-	1,491	1,491	1,491	1,491	1,491
Retained Earnings	-	34,448	26,323	19,256	15,474	13,363
Comprehensive Income & Other	37,763	-3,064	-1,892	-1,785	-1,352	-1,234
Total Common Equity	37,944	33,056	26,103	19,143	15,794	13,801
Minority Interest	1,047	1,217	1,404	1,006	626.9	515.1
Shareholders' Equity	38,991	34,273	27,507	20,149	16,421	14,316
Total Liabilities & Equity	66,775	57,372	50,363	37,243	30,297	25,323
Total Debt	11,981	11,378	11,947	8,880	8,076	7,208
Net Cash (Debt)	-8,732	-6,542	-9,157	-7,928	-6,324	-6,203
Net Cash Per Share	-96.50	-72.30	-101.19	-87.61	-69.88	-68.54
Filing Date Shares Outstanding	90.5	90.49	90.49	90.49	90.49	90.49
Total Common Shares Outstanding	90.5	90.49	90.49	90.49	90.49	90.49
Working Capital	10,768	11,470	8,690	5,460	4,062	2,514
Book Value Per Share	419.28	365.30	288.47	211.55	174.54	152.51
Tangible Book Value	36,408	32,444	25,664	18,611	15,330	13,315
Tangible Book Value Per Share	402.31	358.54	283.61	205.67	169.41	147.14
Land	-	3,711	2,005	1,535	1,511	1,506
Buildings	-	9,365	8,554	7,876	6,876	5,958
Machinery	-	11,431	10,296	8,795	6,897	6,366
Construction In Progress	-	4,874	2,794	2,211	2,824	1,522
Order Backlog	-	51,392	-	-	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.