Vardhman Special Steels 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	585.61	107.57	76.4	95.35	2.71
Short-Term Investments	1,548	103.94	-	200.03	310.8
Cash & Short-Term Investments	2,134	211.5	76.4	295.38	313.51
Cash Growth	908.78%	176.83%	-74.13%	-5.78%	-40.10%
Accounts Receivable	2,778	2,613	2,622	2,615	2,219
Other Receivables	-	374.26	337.16	289.35	249.47
Receivables	2,802	3,009	2,976	2,920	2,483
Inventory	3,502	3,374	3,592	3,743	3,147
Prepaid Expenses	-	12.96	23.5	19.23	19.76
Other Current Assets	1,116	4.07	74.76	8.86	3.87
Total Current Assets	9,554	6,612	6,743	6,986	5,967
Property, Plant & Equipment	6,115	4,257	3,257	3,056	3,020
Long-Term Investments	33.52	76.55	-	-	-
Other Intangible Assets	0.14	0.22	0.38	0.43	0.85
Other Long-Term Assets	605.95	384.43	370.35	234.38	191.91
Total Assets	16,331	11,359	10,397	10,305	9,209
Accounts Payable	1,842	1,393	1,745	1,856	1,475
Accrued Expenses	13.2	317.25	350.41	289.74	239.17
Short-Term Debt	-	1,056	458.32	782.96	511.64
Current Portion of Long-Term Debt	926.5	108.32	230.1	206	308.67
Current Portion of Leases	2.53	2.2	1.9	1.63	1.36
Current Income Taxes Payable	-	3.87	2.08	5.11	42.1
Current Unearned Revenue	-	66.92	6.23	8.41	15.25
Other Current Liabilities	514.99	184.57	38.32	59.1	35.83
Total Current Liabilities	3,299	3,132	2,832	3,209	2,629
Long-Term Debt	-	32.96	140.99	440.25	788.92
Long-Term Leases	1.03	3.56	5.76	7.65	9.13
Long-Term Deferred Tax Liabilities	226.94	184.3	197.81	200.87	208.53
Other Long-Term Liabilities	30.67	27	26.35	25.73	23.81
Total Liabilities	3,558	3,380	3,203	3,883	3,659
Common Stock	966.86	817.33	814.6	406.27	405.61
Additional Paid-In Capital	-	1,077	1,060	1,458	1,452
Retained Earnings	-	6,066	5,301	4,545	3,686
Comprehensive Income & Other	11,806	19.2	17.58	12.43	6.39
Shareholders' Equity	12,773	7,979	7,194	6,422	5,550
Total Liabilities & Equity	16,331	11,359	10,397	10,305	9,209
Total Debt	930.05	1,203	837.06	1,438	1,620
Net Cash (Debt)	1,204	-991.54	-760.66	-1,143	-1,306
Net Cash Per Share	12.95	-12.11	-9.28	-14.01	-16.02
Filing Date Shares Outstanding	96.53	81.73	81.46	81.25	81.12
Total Common Shares Outstanding	96.53	81.73	81.46	81.25	81.12
Working Capital	6,255	3,479	3,911	3,778	3,338
Book Value Per Share	132.32	97.62	88.31	79.04	68.41
Tangible Book Value	12,773	7,979	7,193	6,422	5,549
Tangible Book Value Per Share	132.32	97.62	88.30	79.03	68.40
Land	-	549.3	551.54	358.23	340.23
Buildings	-	568.18	570.66	554.76	541.18
Machinery	-	4,462	4,289	3,893	3,600
Construction In Progress	-	1,170	9.93	119.1	128.78

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