Titan Company Limited (NSE: TITAN)

Titan Company 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	17,580	4,090	2,320	2,190	1,810	750
Short-Term Investments	14,700	6,350	7,440	4,370	140	280
Trading Asset Securities	-	16,150	18,560	-	28,050	1,140
Cash & Short-Term Investments	32,280	26,590	28,320	6,560	30,000	2,170
Cash Growth	-41.24%	-6.11%	331.71%	-78.13%	1282.49%	-76.25%
Accounts Receivable	13,290	12,510	7,190	6,910	4,940	4,430
Other Receivables	-	1,450	440	980	1,280	1,210
Receivables	13,690	16,770	8,980	12,120	6,980	6,200
Inventory	253,370	190,510	165,840	136,090	84,080	81,030
Prepaid Expenses	-	1,060	980	730	270	320
Restricted Cash	-	4,650	3,200	2,160	3,000	2,560
Other Current Assets	22,970	16,500	16,750	16,880	7,640	8,930
Total Current Assets	322,310	256,080	224,070	174,540	131,970	101,210
Property, Plant & Equipment	35,100	33,680	27,610	22,600	21,520	22,310
Long-Term Investments	10,650	6,790	3,510	2,790	190	440
Goodwill	1,230	1,230	1,230	1,230	1,230	1,230
Other Intangible Assets	3,250	3,140	2,570	2,450	2,560	2,730
Long-Term Accounts Receivable	-	6,060	4,360	2,510	2,050	1,910
Long-Term Deferred Tax Assets	1,890	1,870	1,580	1,870	1,050	1,590
Other Long-Term Assets	13,260	5,930	4,760	3,530	3,520	2,540
Total Assets	388,260	315,500	270,230	211,940	164,520	135,500
Accounts Payable	19,710	14,100	12,140	12,940	7,890	5,960
Accrued Expenses	-	5,540	5,550	4,290	3,050	3,580
Short-Term Debt	107,070	97,020	74,920	59,070	43,660	22,910
Current Portion of Long-Term Debt	64,010	1,750	20	70	70	110
Current Portion of Leases	3,360	3,170	2,660	2,210	1,970	1,870
Current Income Taxes Payable	750	620	730	820	800	90
Current Unearned Revenue	-	110	-	1,260	1,330	1,430
Other Current Liabilities	50,750	42,980	36,620	24,460	18,370	20,330
Total Current Liabilities	245,650	165,290	132,640	105,120	77,140	56,280
Long-Term Debt	20,090	33,020	-	20	90	170
Long-Term Leases	21,950	20,320	16,070	11,380	10,590	10,560
Long-Term Deferred Tax Liabilities	30	30	30	60	80	60
Other Long-Term Liabilities	3,180	2,490	2,080	1,670	1,270	1,370
Total Liabilities	290,900	221,570	151,190	118,610	89,500	68,770
Common Stock	890	890	890	890	890	890
Additional Paid-In Capital	-	1,420	1,420	1,410	1,410	1,410
Retained Earnings	-	94,850	116,780	90,940	72,760	66,570
Comprehensive Income & Other	96,470	-3,230	-580	-210	-90	-2,180
Total Common Equity	97,360	93,930	118,510	93,030	74,970	66,690
Minority Interest	-	-	530	300	50	40
Shareholders' Equity	97,360	93,930	119,040	93,330	75,020	66,730
Total Liabilities & Equity	388,260	315,500	270,230	211,940	164,520	135,500
Total Debt	216,480	155,280	93,670	72,750	56,380	35,620
Net Cash (Debt)	-184,200	-128,690	-65,350	-66,190	-26,380	-33,450
Net Cash Per Share	-207.55	-144.98	-73.61	-74.56	-29.71	-37.68
Filing Date Shares Outstanding	886.65	887.79	887.79	887.79	887.79	887.79
Total Common Shares Outstanding	886.65	887.79	887.79	887.79	887.79	887.79
Working Capital	76,660	90,790	91,430	69,420	54,830	44,930
Book Value Per Share	109.81	105.80	133.49	104.79	84.45	75.12
Tangible Book Value	92,880	89,560	114,710	89,350	71,180	62,730
Tangible Book Value Per Share	104.75	100.88	129.21	100.64	80.18	70.66
Land	-	1,380	1,160	1,080	850	850
Buildings	-	5,940	4,270	4,220	4,140	4,110
Machinery	-	14,440	15,880	13,820	12,840	12,420
Construction In Progress	-	880	1,330	690	190	110
Leasehold Improvements	-	5,560	540	170	130	70

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