United Heat Transfer 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	Sep '25 Sep 30, 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	0.62	3.46	2.61	24.19	28.62	12.32
Cash & Short-Term Investments	0.62	3.46	2.61	24.19	28.62	12.32
Cash Growth	-97.44%	32.87%	-89.22%	-15.48%	132.26%	-
Accounts Receivable	107.62	186.12	131.62	73.65	78.6	69.01
Other Receivables	-	-	-	-	-	3.46
Receivables	107.62	186.12	131.62	73.65	78.6	72.47
Inventory	336.24	228.95	141	149	155.65	79.45
Prepaid Expenses	-	0.39	-	1.38	1.38	0.67
Other Current Assets	85.32	79.41	55.25	40.78	16.5	14.02
Total Current Assets	529.79	498.34	330.47	289	280.75	178.93
Property, Plant & Equipment	351.55	350.79	352.64	355.79	343.03	310.76
Long-Term Investments	17.81	19.91	17.2	0.03	0.03	0.03
Other Intangible Assets	8.32	8.42	3.23	2.07	0.84	0.98
Long-Term Accounts Receivable	-	-	-	-	-	2.1
Other Long-Term Assets	2.13	1.8	1.7	1.85	1.59	1.8
Total Assets	909.6	879.26	705.25	648.73	626.24	494.59
Accounts Payable	63.86	49.27	63.21	115.84	107.54	46.88
Accrued Expenses	-	6.65	3.87	4.32	4.1	9.96
Short-Term Debt	134.94	79.51	153.57	73.72	99.11	78.25
Current Portion of Long-Term Debt	-	35.44	50.93	44.47	10.31	9.95
Current Income Taxes Payable	-	15.57	12.41	5.91	3.69	5.39
Other Current Liabilities	51.07	25.07	24.82	37.79	2.25	4.94
Total Current Liabilities	249.87	211.51	308.8	282.05	227	155.38
Long-Term Debt	45.83	63.38	164.73	211.33	266.73	224.46
Long-Term Deferred Tax Liabilities	20.29	19.14	16.36	13.39	12.28	9.78
Other Long-Term Liabilities	-0	-	11.01	0	-	-
Total Liabilities	315.99	294.03	500.9	506.77	506	389.62
Common Stock	190.04	190.04	127.5	42.5	42.5	42.5
Additional Paid-In Capital	-	266.79	-	-	-	-
Retained Earnings	-	128.41	76.85	99.47	77.73	62.46
Shareholders' Equity	593.61	585.24	204.35	141.97	120.23	104.96
Total Liabilities & Equity	909.6	879.26	705.25	648.73	626.24	494.59
Total Debt	180.77	178.33	369.22	329.52	376.15	312.67
Net Cash (Debt)	-180.15	-174.86	-366.61	-305.32	-347.52	-300.34
Net Cash Per Share	-9.76	-10.99	-28.75	-23.95	-27.28	-23.53
Filing Date Shares Outstanding	19.02	19	13.92	12.75	12.75	12.76
Total Common Shares Outstanding	19.02	19	12.75	12.75	12.75	12.76
Working Capital	279.92	286.83	21.68	6.95	53.75	23.55
Book Value Per Share	31.21	30.80	16.03	11.13	9.43	8.22
Tangible Book Value	585.29	576.81	201.12	139.9	119.39	103.99
Tangible Book Value Per Share	30.77	30.35	15.77	10.97	9.36	8.15
Land	-	118.79	118.18	86.8	86.8	84.18
Buildings	-	126.28	119.69	65.11	65.11	65.11
Machinery	-	221.94	211.83	193.29	171.98	151.64
Construction In Progress	-	9.76	9.76	112.37	106.29	152.38
Order Backlog	-	390	-	-	-	-

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