Igarashi Motors India balance sheet

As of Mar 2026

Total assets: ₹834cr+7.6% on Mar 2025
Shareholders' equity: ₹467cr+0.2% on Mar 2025
Total debt: ₹129cr−0.2% on Mar 2025
Cash and investments: ₹3.1cr−84.1% on Mar 2025

₹ crore except per share

Tap a line for its trend	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Current assets
Non-current assets					FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	395	369	338	345
	50.1	57.0	57.2	37.2
	6.3	9.1	5.9	7.0
	2.9	—	—	2.4
	1.3	0.6	0.4	0.4
	0.6	0.8	0.0	0.0
	16.2	4.4	4.0	3.3
	18.1	5.9	4.4	3.7
	3.6	3.9	2.5	2.2
	0.5	3.4	1.2	0.2
	476	448	409	397
	117	111	113	109
	0.0	16.7	15.5	17.0
	216	173	207	176
	3.1	2.9	4.2	4.9
	0.2	0.3	0.4	0.4
	0.2	0.2	0.0	0.0
	1.3	1.4	4.5	4.3
	221	195	232	202
	20.0	21.5	—	18.2
	358	327	364	329
	834	775	774	726
Equity
	31.5	31.5	31.5	31.5
	435	434	416	408
	467	466	447	440
	467	466	447	440
Liabilities
	17.2	10.0	19.4	8.2
	0.5	15.7	20.9	25.5
	17.8	25.7	40.3	33.7
	16.7	19.0	20.6	19.9
	7.6	—	—	—
	42.1	44.7	60.9	53.6
	112	119	92.8	84.1
	164	110	137	114
	11.7	10.3	16.3	12.3
	287	240	246	210
	13.2	9.6	8.4	10.2
	—	—	—	0.2
	25.2	15.7	11.7	12.8
	326	265	266	233
	368	309	327	287
	834	775	774	726
Assets — additional as-filed lines
	—	—	19.3	—
Trade payables — MSME split
	15.1	10.1	—	—
	149	99.8	—	—

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From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.

alphave

IGARASHI₹367.55

Igarashi Motors India Limited

· Auto & Mobility

₹ CrorePeersKROSS JAYBARMARU BHARATSE PRECAM ALICON MUNJALAU NDRAUTO RICOAUTOMcap ₹1,157 Cr

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In ₹ Crore except Per Share As of	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/06/2026
Non-current Assets
+ Property, Plant & Equipment	344.7	338.1	368.6	394.9	394.9
+ Capital Work-in-Progress	37.2	57.2	57.0	50.1	50.1
+ Other Intangibles	7.0	5.9	9.1	6.3	6.3
+ Intangibles under Development	2.4	—	—	2.9	2.9
+ Non-current Investments	0.4	0.4	0.6	1.3	1.3
+ Long-term Loans	0.0	0.0	0.8	0.6	0.6
+ Other Non-current Financial Assets	3.3	4.0	4.4	16.2	16.2
Non-current Financial Assets	3.7	4.4	5.9	18.1	18.1
+ Deferred Tax Assets	2.2	2.5	3.9	3.6	3.6
+ Other Non-current Assets	0.2	1.2	3.4	0.5	0.5
Total Non-current Assets	397.2	409.1	447.8	476.5	476.5
Current Assets
+ Inventories	108.6	113.2	110.9	116.9	116.9
+ Current Investments	17.0	15.5	16.7	0.0	0.0
+ Trade Receivables	175.5	207.4	173.5	216.2	216.2
+ Cash & Cash Equivalents	4.9	4.2	2.9	3.1	3.1
+ Other Bank Balances	0.4	0.4	0.3	0.2	0.2
+ Short-term Loans	0.0	0.0	0.2	0.2	0.2
+ Other Current Financial Assets	4.3	4.5	1.4	1.3	1.3
Current Financial Assets	202.2	232.0	194.9	220.9	220.9
+ Other Current Assets	18.2	—	21.5	20.0	20.0
Total Current Assets	329.0	364.5	327.2	357.8	357.8
Total Assets	726.2	773.6	775.0	834.3	834.3
Equity
+ Equity Share Capital	31.5	31.5	31.5	31.5	31.5
+ Other Equity / Reserves	408.1	415.5	434.1	435.2	435.2
Equity — Owners of Parent	439.5	447.0	465.6	466.6	466.6
Total Equity	439.5	447.0	465.6	466.6	466.6
Liabilities
+ Borrowings — Non-current	8.2	19.4	10.0	17.2	17.2
+ Other Non-current Financial Liab	25.5	20.9	15.7	0.5	0.5
Non-current Financial Liabilities	33.7	40.3	25.7	17.8	17.8
+ Deferred Tax Liabilities	19.9	20.6	19.0	16.7	16.7
+ Other Non-current Liabilities	—	—	—	7.6	7.6
Non-current Liabilities	53.6	60.9	44.7	42.1	42.1
+ Borrowings — Current	84.1	92.8	119.3	111.8	111.8
+ Trade Payables	113.5	136.5	109.9	163.7	163.7
+ Other Current Financial Liab	12.3	16.3	10.3	11.7	11.7
Current Financial Liabilities	209.9	245.6	239.6	287.2	287.2
+ Provisions — Current	10.2	8.4	9.6	13.2	13.2
+ Current Tax Liabilities	0.2	—	—	—	—
+ Other Current Liabilities	12.8	11.7	15.7	25.2	25.2
Current Liabilities	233.1	265.7	264.8	325.5	325.5
Total Liabilities	286.7	326.6	309.5	367.7	367.7
Total Equity & Liabilities	726.2	773.6	775.0	834.3	834.3
Assets — additional as-filed lines
+ Current Tax Assets	—	19.3	—	—	—
Trade Payables — MSME split
+ Dues to Micro & Small — Current	—	—	10.1	15.1	15.1
+ Dues to Other Creditors — Current	—	—	99.8	148.6	148.6

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.