Gallard Steel 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	Sep '25 Sep 30, 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	2.27	2.45	16.6	2.94	1.76	1.18
Cash & Short-Term Investments	2.27	2.45	16.6	2.94	1.76	1.18
Cash Growth	-22.96%	-85.23%	464.59%	67.43%	48.41%	-
Accounts Receivable	139.02	148.01	90.98	45.33	19.92	13.81
Other Receivables	0.46	0.46	0.22	0.22	0.62	0.34
Receivables	139.48	148.47	91.2	48.09	20.86	15.3
Inventory	63.21	62.89	52.76	32.58	27.08	26.03
Prepaid Expenses	0.23	0.27	0.16	0.13	0.04	0.36
Other Current Assets	40.42	18.44	42.87	4.11	4.08	3.11
Total Current Assets	245.61	232.52	203.58	87.85	53.81	45.98
Property, Plant & Equipment	213.12	214.83	171.9	73.96	91.59	67.64
Long-Term Investments	15.45	14.92	4.34	3.7	0.13	-
Goodwill	4.57	4.57	4.57	-	-	-
Other Intangible Assets	1.19	0.75	0.64	0.28	0.26	0.19
Long-Term Deferred Tax Assets	1.77	1.81	1.74	1.19	5.09	5.89
Other Long-Term Assets	21.63	18.34	4.6	29.18	3.52	0.33
Total Assets	503.35	487.73	391.39	196.15	154.41	120.03
Accounts Payable	41.59	72.8	63.88	35.93	27.69	14.14
Accrued Expenses	17.2	14.95	10.77	4.66	3.82	2.7
Short-Term Debt	53.67	61.64	47.48	38.53	23.04	17.7
Current Portion of Long-Term Debt	19.26	23.55	22.99	13.85	4.81	2
Current Income Taxes Payable	33.63	21.78	3.95	-	-	-
Other Current Liabilities	2.85	2.42	5.54	0.41	1.48	0.11
Total Current Liabilities	169.4	197.14	154.6	93.37	60.84	36.65
Long-Term Debt	118.39	118.59	105.45	41.7	43.89	26.29
Pension & Post-Retirement Benefits	0.54	0.51	0.25	0.2	0.16	-
Other Long-Term Liabilities	1.26	0.66	20.81	0	0	9.72
Total Liabilities	289.59	316.91	281.11	135.27	104.89	72.66
Common Stock	70	70	70	22.55	22.55	22.55
Additional Paid-In Capital	8.25	8.25	8.25	38.25	38.25	38.25
Comprehensive Income & Other	-	92.57	32.03	0.07	-11.28	-13.44
Shareholders' Equity	213.75	170.82	110.28	60.87	49.53	47.36
Total Liabilities & Equity	503.35	487.73	391.39	196.15	154.41	120.03
Total Debt	192.52	203.79	175.91	94.08	71.74	45.99
Net Cash (Debt)	-190.25	-201.34	-159.32	-91.14	-69.98	-44.81
Net Cash Per Share	-27.18	-28.76	-25.60	-18.98	-14.57	-12.80
Filing Date Shares Outstanding	7	7	7	3.95	3.95	3.5
Total Common Shares Outstanding	7	7	7	3.95	3.95	3.5
Working Capital	76.21	35.37	48.99	-5.52	-7.03	9.33
Book Value Per Share	30.54	24.40	15.75	15.43	12.55	13.53
Tangible Book Value	207.99	165.51	105.07	60.59	49.27	47.18
Tangible Book Value Per Share	29.71	23.64	15.01	15.35	12.48	13.48
Land	17.77	17.77	17.77	-	15.1	15.1
Buildings	43.93	42.79	34.41	22.45	22.29	22.11
Machinery	216.29	162.17	112.7	50.24	55.06	43.62
Construction In Progress	12.29	58.98	47.97	36.47	37.92	19.8

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