Tarmat 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	-	53.88	36.24	50.41	44.6	146.97
Cash & Short-Term Investments	127.51	53.88	36.24	50.41	44.6	146.97
Cash Growth	83.39%	48.69%	-28.10%	13.01%	-69.65%	-47.23%
Accounts Receivable	-	217.24	128.27	223.99	224.79	129.4
Receivables	-	217.24	128.27	223.99	224.79	129.4
Inventory	-	693.82	717.36	675.46	798.68	693.03
Other Current Assets	-	984.96	758.94	842.08	828.75	778.46
Total Current Assets	-	1,950	1,641	1,792	1,897	1,748
Property, Plant & Equipment	-	206.95	161.59	169.55	172.15	180.11
Long-Term Investments	-	10.48	10.48	10.48	10.48	192.29
Goodwill	-	1.46	1.46	1.46	1.46	1.46
Long-Term Accounts Receivable	-	2.5	4.42	8.24	19.28	18.75
Other Long-Term Assets	-	187.29	161.63	148.69	98.03	-
Total Assets	-	2,359	1,980	2,130	2,198	2,325
Accounts Payable	-	312.91	504.41	624.86	657.54	600.1
Accrued Expenses	-	31.09	26.6	21.26	21.65	26.25
Short-Term Debt	-	-	-	40.05	400.58	845.77
Current Portion of Long-Term Debt	-	20.1	1.8	12.04	20.75	18.77
Other Current Liabilities	-	179.12	41.26	105.56	137.65	176.31
Total Current Liabilities	-	543.22	574.07	803.76	1,238	1,667
Long-Term Debt	-	75.27	102.86	7.43	12.27	30.18
Pension & Post-Retirement Benefits	-	6.04	5.09	8.66	7.5	11.43
Long-Term Deferred Tax Liabilities	-	1.37	1.99	3.29	4.55	3.71
Total Liabilities	-	625.9	684.02	823.15	1,262	1,713
Common Stock	-	240.64	213.14	213.14	158	133.31
Additional Paid-In Capital	-	1,421	1,187	1,187	844.89	691.79
Retained Earnings	-	-85.74	-104.43	-93.56	-167.25	-213.02
Comprehensive Income & Other	-	157.26	0.88	0.85	100.11	0.85
Shareholders' Equity	1,755	1,733	1,296	1,307	935.75	612.93
Total Liabilities & Equity	-	2,359	1,980	2,130	2,198	2,325
Total Debt	113.48	95.38	104.67	59.53	433.6	894.71
Net Cash (Debt)	14.03	-41.49	-68.43	-9.12	-388.99	-747.74
Net Cash Per Share	0.44	-1.40	-3.08	-0.29	-18.27	-56.07
Filing Date Shares Outstanding	24.49	24.06	21.31	21.31	15.8	21.31
Total Common Shares Outstanding	24.49	24.06	21.31	21.31	15.8	13.33
Working Capital	-	1,407	1,067	988.18	658.66	80.67
Book Value Per Share	73.07	72.00	60.82	61.33	59.22	45.98
Tangible Book Value	1,753	1,731	1,295	1,306	934.28	611.46
Tangible Book Value Per Share	73.01	71.94	60.75	61.26	59.13	45.87
Land	-	43.85	43.53	43.53	43.53	43.53
Buildings	-	34.61	34.61	34.61	34.61	34.61
Machinery	-	706.91	654.64	654.16	646.41	643.76

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