Happy Square Outsourcing Services Limited (NSE:WHITEFORCE)

NSE:WHITEFORCE Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	6.51	2.25	2.28	4.94	8.67
Cash & Short-Term Investments	6.51	2.25	2.28	4.94	8.67
Cash Growth	189.64%	-1.14%	-53.96%	-43.03%	2239.52%
Accounts Receivable	228.61	151.71	76.22	60.07	42.61
Other Receivables	1.94	1.94	-	-	-
Receivables	230.55	153.64	77.19	60.4	42.75
Prepaid Expenses	7.54	3.63	-	-	-
Other Current Assets	106.44	79.93	37.96	14.78	2.43
Total Current Assets	351.04	239.45	117.42	80.12	53.85
Property, Plant & Equipment	11.16	11.59	4.27	3.9	2.52
Long-Term Investments	13.3	22.27	10.7	4.73	0.44
Other Intangible Assets	20.39	9.81	-	-	-
Long-Term Deferred Tax Assets	0.52	0.65	0.35	0.18	0.06
Other Long-Term Assets	-0	0.49	11.29	-	0
Total Assets	396.4	284.26	144.03	88.92	56.86
Accounts Payable	8.09	14.54	25.45	19.06	3.14
Accrued Expenses	95.1	71.86	27.08	24.82	21.01
Short-Term Debt	114.84	78.96	38.99	8.78	0.29
Current Income Taxes Payable	1.99	-	-	0.5	0.79
Other Current Liabilities	18.28	21.08	0.32	0.63	0.25
Total Current Liabilities	238.31	186.45	91.84	53.8	25.48
Long-Term Debt	31.1	30.86	26.72	29.75	28.82
Other Long-Term Liabilities	0	-0	-	-	-
Total Liabilities	271.62	218.93	118.57	83.55	54.3
Common Stock	84.1	0.1	0.1	0.1	0.1
Retained Earnings	40.68	65.23	25.36	5.27	2.47
Shareholders' Equity	124.78	65.33	25.46	5.37	2.57
Total Liabilities & Equity	396.4	284.26	144.03	88.92	56.86
Total Debt	145.94	109.82	65.72	38.53	29.11
Net Cash (Debt)	-139.43	-107.57	-63.44	-33.59	-20.43
Net Cash Per Share	-16.58	-	-7.54	-3.99	-2.43
Filing Date Shares Outstanding	8.41	8.41	8.41	8.41	0.84
Total Common Shares Outstanding	8.41	8.41	8.41	8.41	0.84
Working Capital	112.73	53	25.58	26.31	28.37
Book Value Per Share	14.84	7.77	3.03	0.64	3.05
Tangible Book Value	104.39	55.52	25.46	5.37	2.57
Tangible Book Value Per Share	12.41	6.60	3.03	0.64	3.05
Land	7.45	7.4	-	-	-
Machinery	9.82	8.83	7.28	5.34	3
Construction In Progress	0.04	-	-	-	-

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