Western Carriers (India) 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	-	48.46	18.79	14.46	25.45	34.3
Short-Term Investments	-	-	-	-	3.27	-
Cash & Short-Term Investments	1,696	48.46	18.79	14.46	28.72	34.3
Cash Growth	488.24%	157.90%	29.95%	-49.65%	-16.27%	-44.25%
Accounts Receivable	-	6,204	5,255	3,897	3,114	2,524
Other Receivables	-	101.45	120.63	143.88	103.21	80.74
Receivables	-	6,561	5,647	4,220	3,381	2,885
Other Current Assets	-	2,290	529.43	391.35	308.83	240.52
Total Current Assets	-	8,899	6,195	4,626	3,718	3,160
Property, Plant & Equipment	-	1,376	740.25	766.27	495.63	421.66
Long-Term Investments	-	32.27	32.25	39.68	87.87	73.99
Goodwill	-	310	310	310	310	310
Other Intangible Assets	-	1.06	1.61	1.19	1.45	1.68
Long-Term Deferred Tax Assets	-	41.09	36.53	29.95	27.06	25.21
Other Long-Term Assets	-	376.78	224.25	268.43	263.14	259.86
Total Assets	-	11,036	7,540	6,041	4,903	4,252
Accounts Payable	-	796.25	697.76	540.29	649.5	779.31
Accrued Expenses	-	69.42	80.8	79.89	84.02	59.84
Short-Term Debt	-	1,280	2,187	1,577	1,193	918.14
Current Portion of Long-Term Debt	-	253.57	224.94	161.43	102.55	102.06
Current Portion of Leases	-	9.97	22.56	20.55	15.24	15.1
Other Current Liabilities	-	64.55	29.63	42.14	26.83	3.83
Total Current Liabilities	-	2,474	3,242	2,421	2,071	1,878
Long-Term Debt	-	186.72	248.38	366.76	208.15	352.49
Long-Term Leases	-	26.56	10.54	28.25	25.88	40.25
Pension & Post-Retirement Benefits	-	68.09	55.2	39.5	22.04	14.67
Total Liabilities	-	2,755	3,556	2,855	2,327	2,286
Common Stock	-	509.78	393.5	393.5	393.5	393.5
Additional Paid-In Capital	-	3,532	-	-	-	-
Retained Earnings	-	4,104	3,453	2,649	2,032	1,571
Comprehensive Income & Other	-	135.1	137.23	141.09	148.12	0.05
Total Common Equity	8,473	8,281	3,984	3,184	2,574	1,964
Minority Interest	-	-	-	2.06	2.06	2.06
Shareholders' Equity	8,473	8,281	3,984	3,186	2,576	1,966
Total Liabilities & Equity	-	11,036	7,540	6,041	4,903	4,252
Total Debt	1,930	1,757	2,693	2,154	1,545	1,428
Net Cash (Debt)	-234.5	-1,708	-2,674	-2,139	-1,516	-1,394
Net Cash Per Share	-2.30	-18.77	-33.98	-27.18	-19.27	-17.71
Filing Date Shares Outstanding	102.15	101.96	78.7	78.7	78.7	78.7
Total Common Shares Outstanding	102.15	101.96	78.7	78.7	78.7	78.7
Working Capital	-	6,425	2,953	2,205	1,647	1,281
Book Value Per Share	83.35	81.22	50.62	40.46	32.70	24.96
Tangible Book Value	8,162	7,970	3,672	2,873	2,262	1,653
Tangible Book Value Per Share	80.29	78.17	46.66	36.50	28.75	21.00
Land	-	300.46	25.69	-	-	-
Buildings	-	5.95	4.47	1.92	1.92	-
Machinery	-	2,422	2,002	1,688	1,369	1,271
Construction In Progress	-	150.13	-	168.16	94.81	6.2

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