Vikram Solar 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	12,568	391.57	89.49	16.31	188.68
Cash & Short-Term Investments	12,568	391.57	89.49	16.31	188.68
Cash Growth	3109.68%	337.56%	448.68%	-91.36%	119.75%
Accounts Receivable	12,144	12,286	11,853	9,590	9,175
Other Receivables	63.96	1,721	1,841	1,887	1,779
Receivables	12,207	14,007	13,694	11,541	10,987
Inventory	8,231	4,286	3,933	3,732	2,650
Prepaid Expenses	-	132.44	100.85	91.56	170.1
Other Current Assets	4,264	2,790	1,965	2,149	2,197
Total Current Assets	37,271	21,608	19,783	17,529	16,193
Property, Plant & Equipment	15,259	6,073	5,266	6,503	5,339
Other Intangible Assets	189.98	97.99	66.74	119.35	162.87
Long-Term Deferred Tax Assets	7.55	0.7	0.43	0.41	1.95
Other Long-Term Assets	4,556	542.02	739.33	611.18	676.13
Total Assets	57,285	28,322	25,855	24,763	22,372
Accounts Payable	15,637	8,283	6,472	4,459	7,502
Accrued Expenses	-	177.85	265.57	121.63	167.51
Short-Term Debt	1,001	1,172	5,675	4,737	3,782
Current Portion of Long-Term Debt	-	360.32	421.23	498.78	610.11
Current Portion of Leases	938.84	91.34	90.95	94.27	97.45
Current Income Taxes Payable	-	132.87	33.5	13.93	12.44
Current Unearned Revenue	24.37	54.5	26.7	15.39	41.76
Other Current Liabilities	2,175	3,702	1,237	3,022	2,610
Total Current Liabilities	19,775	13,974	14,223	12,962	14,823
Long-Term Debt	-	773.96	1,987	2,142	2,639
Long-Term Leases	4,512	321.35	368.84	450.02	360.67
Long-Term Unearned Revenue	-	24.37	143.74	123.38	195.91
Pension & Post-Retirement Benefits	-	55.5	44.17	35.18	36.91
Long-Term Deferred Tax Liabilities	908.38	466.41	75.7	-	-
Other Long-Term Liabilities	411.62	285.76	4,559	5,398	803.26
Total Liabilities	25,607	15,902	21,401	21,111	18,859
Common Stock	3,623	3,165	2,588	2,588	2,588
Additional Paid-In Capital	-	5,949	-	-	-
Retained Earnings	-	3,316	1,922	1,131	983.11
Comprehensive Income & Other	28,054	-11.05	-55.74	-67.06	-58.54
Shareholders' Equity	31,678	12,420	4,454	3,652	3,513
Total Liabilities & Equity	57,285	28,322	25,855	24,763	22,372
Total Debt	6,451	2,719	8,543	7,922	7,489
Net Cash (Debt)	6,117	-2,328	-8,454	-7,906	-7,301
Net Cash Per Share	17.68	-7.67	-32.66	-30.54	-28.21
Filing Date Shares Outstanding	362.04	316.54	316.54	258.83	258.83
Total Common Shares Outstanding	362.04	316.54	258.83	258.83	258.83
Working Capital	17,496	7,634	5,560	4,567	1,369
Book Value Per Share	87.50	39.24	17.21	14.11	13.57
Tangible Book Value	31,488	12,322	4,387	3,533	3,350
Tangible Book Value Per Share	86.97	38.93	16.95	13.65	12.94
Land	-	2.63	2.63	2.63	2.63
Buildings	-	1,260	1,260	1,260	1,224
Machinery	-	8,338	6,498	6,504	5,211
Construction In Progress	-	626.2	278.11	170.45	29.38

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