Valiant Organics 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	-	70.97	34.39	77.51	250.47	128.33
Short-Term Investments	-	5.1	3.2	6.02	208.76	182.91
Trading Asset Securities	-	-	33	373.19	40.25	38.6
Cash & Short-Term Investments	63.87	76.06	70.59	456.71	499.47	349.85
Cash Growth	-30.33%	7.75%	-84.54%	-8.56%	42.77%	100.76%
Accounts Receivable	-	1,769	2,094	2,543	3,209	1,568
Other Receivables	-	67.92	29.3	36.37	13.43	0.58
Receivables	-	2,329	2,615	2,587	3,227	1,573
Inventory	-	889.71	1,142	1,262	1,136	721.7
Prepaid Expenses	-	4.68	4.77	9.22	12.65	2.05
Other Current Assets	-	261.51	293.67	395.1	393.32	385.7
Total Current Assets	-	3,561	4,127	4,710	5,269	3,032
Property, Plant & Equipment	-	7,097	7,164	7,286	6,427	5,432
Long-Term Investments	-	935.83	952.97	36.68	32.45	23.37
Goodwill	-	123.28	123.28	123.28	123.28	123.28
Other Intangible Assets	-	4.55	2.38	2.13	0.02	0.15
Other Long-Term Assets	-	107.67	110.49	233.82	69.41	151.48
Total Assets	-	11,829	12,480	12,392	11,922	8,763
Accounts Payable	-	1,487	2,074	1,656	1,312	1,072
Accrued Expenses	-	62.82	75.27	108.67	93.67	99.2
Short-Term Debt	-	1,392	1,061	1,164	2,223	1,104
Current Portion of Long-Term Debt	-	585.33	762.17	853.88	345.08	225.84
Current Portion of Leases	-	1.94	2.27	1.75	3.15	4.78
Current Unearned Revenue	-	1.6	10.13	8.64	9.72	5.69
Other Current Liabilities	-	157.49	130.75	134.08	106.23	194.78
Total Current Liabilities	-	3,688	4,116	3,927	4,093	2,706
Long-Term Debt	-	506.91	741.61	706.07	1,058	750.65
Long-Term Leases	-	1.31	3.24	10.78	5.41	2.37
Pension & Post-Retirement Benefits	-	-	-	-	-	8.33
Long-Term Deferred Tax Liabilities	-	343.93	291.59	332.45	266.11	203.02
Other Long-Term Liabilities	-	36.18	34.37	15.31	10.52	6.83
Total Liabilities	-	4,577	5,187	4,992	5,432	3,677
Common Stock	-	280.05	275.75	271.54	271.54	271.54
Additional Paid-In Capital	-	22.47	10.09	-	-	-
Retained Earnings	-	5,675	5,712	5,795	5,038	3,941
Comprehensive Income & Other	-	1,275	1,295	820.97	817.98	805.98
Total Common Equity	7,395	7,253	7,293	6,888	6,127	5,019
Minority Interest	-	0.01	0.01	508.85	357.54	63.01
Shareholders' Equity	7,395	7,253	7,293	7,401	6,489	5,086
Total Liabilities & Equity	-	11,829	12,480	12,392	11,922	8,763
Total Debt	2,359	2,488	2,570	2,737	3,634	2,087
Net Cash (Debt)	-2,295	-2,412	-2,500	-2,280	-3,135	-1,738
Net Cash Per Share	-70.84	-87.38	-91.58	-81.50	-112.10	-62.14
Filing Date Shares Outstanding	28.04	28	27.58	27.15	27.15	27.15
Total Common Shares Outstanding	28.04	28	27.58	27.15	27.15	27.15
Working Capital	-	-127.73	10.78	783.41	1,176	326.26
Book Value Per Share	263.63	258.98	264.48	253.66	225.66	184.83
Tangible Book Value	7,268	7,125	7,167	6,762	6,004	4,895
Tangible Book Value Per Share	259.08	254.42	259.92	249.04	221.12	180.28
Land	-	366.49	366.49	-	467.36	423.01
Buildings	-	1,493	1,385	-	1,395	1,320
Machinery	-	6,472	6,090	-	4,557	4,151
Construction In Progress	-	656.97	861.39	-	1,116	458.91

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