| Y/e 31 Mar( In .Cr) | Mar-2026 | Mar-2025 | Mar-2024 | Mar-2023 |
|---|---|---|---|---|
Equity Capital | 7.66 | 7.66 | 7.66 | 7.66 |
Preference Capital | 0 | 0 | 0 | 0 |
Reserves | 1,222.64 | 1,195.27 | 1,106.31 | 1,032.7 |
Net Worth | 1,230.3 | 1,202.93 | 1,113.97 | 1,040.36 |
Minority Interest | ||||
Debt | 701.73 | 812.19 | 817.53 | 636.95 |
Deferred Tax Liability Net | 134.7 | 114.4 | 79.07 | 75.53 |
Total Liabilities | 2,066.73 | 2,129.52 | 2,010.57 | 1,752.84 |
Fixed Assets | 1,154.85 | 1,189.72 | 1,147.39 | 1,006.44 |
Intangible Assets | ||||
Investments | 513.1 | 490.8 | 358.39 | 320.04 |
Deferred Tax Asset Net | 39.56 | 12.33 | 9.22 | 4.46 |
Networking Capital | 345.34 | 423.4 | 481.12 | 411.35 |
Inventories | 658.14 | 717.88 | 629.4 | 755.86 |
Inventory Days | ||||
Sundry Debtors | 364.57 | 298.23 | 229.66 | 193.38 |
Debtor Days | ||||
Other Current Assets | 268.16 | 179.97 | 253.61 | 122.87 |
Sundry Creditors | -522.2 | -502.93 | -396.67 | -415.44 |
Creditor Days | ||||
Other Current Liabilities | -423.33 | -269.75 | -234.88 | -245.32 |
Cash | 13.88 | 13.27 | 14.45 | 10.55 |
Total Assets | 2,066.73 | 2,129.52 | 2,010.57 | 1,752.84 |
The partnership brings the company’s Eurogrip tyres into Honda’s official after-sales service network, expanding the Indian brand’s visibility in Asia’s competitive two-wheeler market.
Standard Chartered Bank is spearheading the fundraising effort, which will also involve credit investors who may join the lending pool.
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