Mahindra & Mahindra Limited (MAHMF)

Mahindra & Mahindra Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	163,076	45,301	34,934	34,876	33,746	47,450
Short-Term Investments	139,449	121,181	121,249	101,633	125,986	44,013
Trading Asset Securities	-	95,752	108,399	90,417	74,591	56,052
Cash & Short-Term Investments	302,525	262,234	264,582	226,926	234,323	147,515
Cash Growth	36.37%	-0.89%	16.59%	-3.16%	58.85%	-2.27%
Accounts Receivable	85,343	76,874	71,989	65,238	60,948	69,984
Other Receivables	-	13,427	8,785	8,117	6,924	4,882
Receivables	531,558	480,902	427,621	365,778	358,674	354,503
Inventory	197,648	185,905	168,550	115,958	96,154	111,119
Restricted Cash	-	387.6	442.4	317.6	335.9	425
Other Current Assets	97,073	53,229	52,059	42,501	31,892	26,893
Total Current Assets	1,128,805	982,656	913,254	751,480	721,379	640,454
Property, Plant & Equipment	273,078	248,699	215,740	249,384	220,893	269,689
Long-Term Investments	204,659	241,045	230,185	203,181	188,859	134,244
Goodwill	24,541	24,484	25,489	13,404	13,049	15,123
Other Intangible Assets	101,103	51,036	32,214	40,846	38,350	47,147
Long-Term Accounts Receivable	2,750	2,872	2,896	3,138	3,750	5,562
Long-Term Deferred Tax Assets	15,713	15,790	16,155	17,243	17,173	12,905
Long-Term Deferred Charges	-	44,922	44,742	30,283	26,769	40,150
Other Long-Term Assets	85,129	73,666	50,516	43,676	50,277	45,340
Total Assets	2,552,799	2,363,007	2,058,918	1,741,128	1,664,625	1,670,067
Accounts Payable	276,537	256,656	238,357	190,366	155,058	149,854
Accrued Expenses	-	55,800	53,007	45,183	42,212	30,052
Short-Term Debt	-	109,296	90,722	53,696	46,466	102,175
Current Portion of Long-Term Debt	422,400	245,752	248,088	207,661	206,550	195,767
Current Portion of Leases	5,957	6,084	5,973	5,055	5,383	4,747
Current Income Taxes Payable	8,722	5,425	6,160	3,920	4,388	3,010
Current Unearned Revenue	-	36,615	27,486	23,226	19,611	19,031
Other Current Liabilities	146,731	39,828	36,001	33,777	34,793	35,459
Total Current Liabilities	860,348	755,457	705,794	562,883	514,460	540,095
Long-Term Debt	734,095	700,758	555,587	487,686	529,203	499,992
Long-Term Leases	29,796	28,139	28,825	24,326	21,282	22,988
Long-Term Unearned Revenue	60,534	59,465	55,253	52,499	47,660	53,504
Long-Term Deferred Tax Liabilities	19,182	17,721	16,086	17,861	14,942	15,119
Other Long-Term Liabilities	30,350	16,720	14,618	17,402	18,681	26,845
Total Liabilities	1,734,304	1,587,914	1,388,097	1,172,875	1,158,103	1,193,456
Common Stock	5,577	5,574	5,568	5,561	5,552	5,543
Additional Paid-In Capital	-	28,249	27,455	26,495	25,351	24,087
Retained Earnings	-	625,797	528,615	436,333	380,062	351,922
Comprehensive Income & Other	699,438	2,286	2,020	2,838	4,855	18,141
Total Common Equity	705,015	661,906	563,658	471,226	415,819	399,693
Minority Interest	113,480	113,188	107,163	97,026	90,703	76,917
Shareholders' Equity	818,495	775,093	670,821	568,253	506,522	476,611
Total Liabilities & Equity	2,552,799	2,363,007	2,058,918	1,741,128	1,664,625	1,670,067
Total Debt	1,192,248	1,090,029	929,196	778,424	808,884	825,670
Net Cash (Debt)	-889,722	-827,795	-664,614	-551,498	-574,561	-678,155
Net Cash Per Share	-794.80	-739.92	-594.83	-494.38	-515.59	-611.48
Filing Date Shares Outstanding	1,115	1,115	1,114	1,112	1,110	1,109
Total Common Shares Outstanding	1,115	1,115	1,114	1,112	1,110	1,109
Working Capital	268,457	227,200	207,460	188,597	206,919	100,359
Book Value Per Share	632.15	593.76	506.14	423.71	374.51	360.55
Tangible Book Value	579,371	586,386	505,955	416,976	364,420	337,424
Tangible Book Value Per Share	519.49	526.01	454.32	374.93	328.22	304.38
Land	-	13,071	12,422	11,683	10,282	38,721
Buildings	-	71,258	67,474	65,317	57,273	94,053
Machinery	-	295,513	269,727	283,322	241,483	407,255
Construction In Progress	-	34,613	12,227	30,361	44,776	25,518

Source: S&P Capital IQ. Standard template. Financial Sources.