UPL Limited Balance Sheet

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	60,860	94,780	59,430	59,670	57,970
Short-Term Investments	6,340	220	430	840	2,780
Trading Asset Securities	-	3,200	2,610	460	8,400
Cash & Short-Term Investments	67,200	98,200	62,470	60,970	69,150
Cash Growth	-31.57%	57.19%	2.46%	-11.83%	42.99%
Accounts Receivable	178,740	159,940	166,800	182,820	153,280
Other Receivables	4,150	23,320	26,590	25,210	28,000
Receivables	184,920	183,510	193,590	208,280	181,440
Inventory	126,760	103,160	127,760	139,850	130,780
Prepaid Expenses	-	2,370	2,440	-	-
Other Current Assets	44,070	9,370	7,020	11,180	15,910
Total Current Assets	422,950	396,610	393,280	420,280	397,280
Property, Plant & Equipment	109,130	100,460	108,140	102,670	92,620
Long-Term Investments	20,320	20,080	18,930	15,690	10,820
Goodwill	229,540	206,750	201,840	198,980	183,640
Other Intangible Assets	114,330	109,090	110,230	113,660	110,680
Long-Term Accounts Receivable	4,690	70	100	620	60
Long-Term Deferred Tax Assets	39,290	33,220	35,950	26,610	20,760
Other Long-Term Assets	11,800	13,530	6,760	6,690	10,260
Total Assets	952,050	880,020	875,460	885,770	826,790
Accounts Payable	120,180	108,670	126,310	176,140	165,520
Accrued Expenses	50,840	59,130	45,170	22,550	21,960
Short-Term Debt	17,780	11,940	44,280	12,190	41,170
Current Portion of Long-Term Debt	47,330	42,570	-	16,360	1,440
Current Portion of Leases	5,090	3,920	3,580	2,650	2,170
Current Income Taxes Payable	8,210	5,000	5,300	6,550	4,500
Current Unearned Revenue	-	36,330	29,160	40,920	27,200
Other Current Liabilities	98,050	18,130	14,810	13,010	15,800
Total Current Liabilities	347,480	285,690	268,610	290,370	279,760
Long-Term Debt	155,350	182,630	240,100	201,440	216,050
Long-Term Leases	10,210	9,930	9,580	6,750	6,260
Pension & Post-Retirement Benefits	-	3,260	3,270	1,950	1,830
Long-Term Deferred Tax Liabilities	20,860	19,900	24,060	24,620	25,120
Other Long-Term Liabilities	5,460	350	2,780	6,350	4,690
Total Liabilities	539,360	501,760	548,400	531,480	533,710
Common Stock	1,690	1,590	1,500	1,500	1,530
Additional Paid-In Capital	-	48,660	32,420	32,420	45,940
Retained Earnings	-	227,160	200,370	221,890	172,430
Comprehensive Income & Other	345,270	44,580	43,640	12,770	26,710
Total Common Equity	346,960	321,990	277,930	268,580	246,610
Minority Interest	65,730	56,270	49,130	85,710	46,470
Shareholders' Equity	412,690	378,260	327,060	354,290	293,080
Total Liabilities & Equity	952,050	880,020	875,460	885,770	826,790
Total Debt	235,760	250,990	297,540	239,390	267,090
Net Cash (Debt)	-168,560	-152,790	-235,070	-178,420	-197,940
Net Cash Per Share	-195.75	-193.57	-307.08	-237.70	-259.07
Filing Date Shares Outstanding	844.07	844.43	750.61	750.61	764.05
Total Common Shares Outstanding	844.07	844.43	750.61	750.61	764.05
Working Capital	75,470	110,920	124,670	129,910	117,520
Book Value Per Share	411.05	345.95	330.49	357.82	283.69
Tangible Book Value	3,090	6,150	-34,140	-44,060	-47,710
Tangible Book Value Per Share	3.66	-28.08	-85.26	-58.70	-101.53
Land	-	11,250	10,250	10,510	9,680
Buildings	-	31,480	28,680	25,320	20,990
Machinery	-	127,060	124,650	116,670	103,140
Construction In Progress	-	6,150	11,060	11,970	11,840

Source: S&P Global Market Intelligence. Standard template. Financial Sources.