Titan Company Limited (NSE:TITAN)

Titan Company Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	8,530	4,070	4,090	2,320	2,190	1,810
Short-Term Investments	26,110	9,090	6,350	7,440	4,370	140
Trading Asset Securities	-	10,310	16,150	18,560	-	28,050
Cash & Short-Term Investments	34,640	23,470	26,590	28,320	6,560	30,000
Cash Growth	7.31%	-11.73%	-6.11%	331.71%	-78.13%	1282.49%
Accounts Receivable	14,370	12,190	12,510	7,190	6,910	4,940
Other Receivables	-	540	11,710	440	980	1,280
Receivables	14,810	13,170	27,030	8,980	12,120	6,980
Inventory	376,570	281,840	190,510	165,840	136,090	84,080
Prepaid Expenses	-	1,170	1,060	980	730	270
Restricted Cash	-	5,000	4,650	3,200	2,160	3,000
Other Current Assets	24,720	19,690	6,240	16,750	16,880	7,640
Total Current Assets	450,740	344,340	256,080	224,070	174,540	131,970
Property, Plant & Equipment	38,860	37,210	33,680	27,610	22,600	21,520
Long-Term Investments	10,620	6,510	6,790	3,510	2,790	190
Goodwill	1,270	1,230	1,230	1,230	1,230	1,230
Other Intangible Assets	3,410	3,220	3,140	2,570	2,450	2,560
Long-Term Accounts Receivable	-	6,720	6,060	4,360	2,510	2,050
Long-Term Deferred Tax Assets	1,600	1,700	1,870	1,580	1,870	1,050
Other Long-Term Assets	13,140	4,920	5,930	4,760	3,530	3,520
Total Assets	520,300	406,470	315,500	270,230	211,940	164,520
Accounts Payable	25,440	19,630	14,100	12,140	12,940	7,890
Accrued Expenses	-	6,430	5,540	5,550	4,290	3,050
Short-Term Debt	160,880	147,330	97,020	74,920	59,070	43,660
Current Portion of Long-Term Debt	90,990	27,680	1,750	20	70	70
Current Portion of Leases	3,770	3,630	3,170	2,660	2,210	1,970
Current Income Taxes Payable	1,490	400	620	730	820	800
Current Unearned Revenue	-	130	110	-	1,260	1,330
Other Current Liabilities	76,330	52,700	42,980	36,620	24,460	18,370
Total Current Liabilities	358,900	257,930	165,290	132,640	105,120	77,140
Long-Term Debt	5,470	5,950	33,020	-	20	90
Long-Term Leases	24,420	23,180	20,320	16,070	11,380	10,590
Pension & Post-Retirement Benefits	-	850	630	370	360	330
Long-Term Deferred Tax Liabilities	30	20	30	30	60	80
Other Long-Term Liabilities	3,450	2,300	2,280	2,080	1,670	1,270
Total Liabilities	392,270	290,230	221,570	151,190	118,610	89,500
Common Stock	890	890	890	890	890	890
Additional Paid-In Capital	-	1,420	1,420	1,420	1,410	1,410
Retained Earnings	-	118,450	94,850	116,780	90,940	72,760
Treasury Stock	-	-2,420	-2,360	-	-	-
Comprehensive Income & Other	127,140	-2,100	-870	-580	-210	-90
Total Common Equity	128,030	116,240	93,930	118,510	93,030	74,970
Minority Interest	-	-	-	530	300	50
Shareholders' Equity	128,030	116,240	93,930	119,040	93,330	75,020
Total Liabilities & Equity	520,300	406,470	315,500	270,230	211,940	164,520
Total Debt	285,530	207,770	155,280	93,670	72,750	56,380
Net Cash (Debt)	-250,890	-184,300	-128,690	-65,350	-66,190	-26,380
Net Cash Per Share	-282.77	-207.70	-144.98	-73.61	-74.56	-29.71
Filing Date Shares Outstanding	886.78	887.79	887.79	887.79	887.79	887.79
Total Common Shares Outstanding	886.78	887.79	887.79	887.79	887.79	887.79
Working Capital	91,840	86,410	90,790	91,430	69,420	54,830
Book Value Per Share	144.38	130.93	105.80	133.49	104.79	84.45
Tangible Book Value	123,350	111,790	89,560	114,710	89,350	71,180
Tangible Book Value Per Share	139.10	125.92	100.88	129.21	100.64	80.18
Land	-	1,380	1,380	1,160	1,080	850
Buildings	-	6,110	5,940	4,270	4,220	4,140
Machinery	-	16,170	14,440	15,880	13,820	12,840
Construction In Progress	-	930	880	1,330	690	190
Leasehold Improvements	-	6,690	5,560	540	170	130

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.