Kandal M Venture Balance Sheet

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

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023
Cash & Equivalents	1.66	0.1	0.24	0.36
Short-Term Investments	0.07	0.07	0.07	0.07
Cash & Short-Term Investments	1.73	0.17	0.3	0.43
Cash Growth	1595.39%	-43.56%	-29.71%	-
Accounts Receivable	1.32	1.19	0.61	0.64
Other Receivables	0.57	1.25	2.3	0.22
Receivables	5.79	6.73	6.91	0.92
Inventory	2.05	1.65	1.8	3.39
Prepaid Expenses	0.04	0.04	0.02	0.01
Other Current Assets	-	0.8	0.23	-
Total Current Assets	9.61	9.39	9.27	4.75
Property, Plant & Equipment	0.53	0.65	0.9	1.14
Long-Term Deferred Tax Assets	0.04	0.03	0.01	-
Total Assets	10.18	10.07	10.18	5.89
Accounts Payable	1.07	2.57	1.65	2.12
Accrued Expenses	0.77	1.29	0.34	0.39
Short-Term Debt	-	5.09	2.82	0.23
Current Portion of Leases	0.08	0.08	0.07	0.07
Current Income Taxes Payable	0	0.01	0.12	0.02
Current Unearned Revenue	0.23	0.17	0.46	-
Other Current Liabilities	0	0.39	0.01	3.17
Total Current Liabilities	2.16	9.6	5.48	5.99
Long-Term Debt	-	-	4.36	0.58
Long-Term Leases	0.04	0.09	0.17	0.24
Long-Term Deferred Tax Liabilities	-	-	-	0.03
Total Liabilities	2.2	9.69	10.01	6.84
Common Stock	0	0	0	0
Retained Earnings	3.04	2.87	2.66	1.54
Comprehensive Income & Other	-2.49	-2.49	-2.49	-2.49
Shareholders' Equity	7.98	0.38	0.17	-0.95
Total Liabilities & Equity	10.18	10.07	10.18	5.89
Total Debt	0.13	5.26	7.43	1.12
Net Cash (Debt)	1.6	-5.09	-7.12	-0.69
Net Cash Per Share	0.10	-0.32	-0.45	-0.04
Filing Date Shares Outstanding	18.3	18.3	16	16
Total Common Shares Outstanding	18.3	16	16	16
Working Capital	7.45	-0.22	3.79	-1.24
Book Value Per Share	0.44	0.02	0.01	-0.06
Tangible Book Value	7.98	0.38	0.17	-0.95
Tangible Book Value Per Share	0.44	0.02	0.01	-0.06
Machinery	1.73	1.71	1.7	1.67
Leasehold Improvements	0.58	0.58	0.58	0.58

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