Kandal M Venture Limited (FMFC)

Kandal M Venture Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023
Cash & Equivalents	0.1	0.24	0.36
Short-Term Investments	0.07	0.07	0.07
Cash & Short-Term Investments	0.17	0.3	0.43
Cash Growth	-43.56%	-29.71%	-
Accounts Receivable	1.19	0.61	0.64
Other Receivables	1.25	2.3	0.22
Receivables	6.73	6.91	0.92
Inventory	1.65	1.8	3.39
Prepaid Expenses	0.04	0.02	0.01
Other Current Assets	0.8	0.23	-
Total Current Assets	9.39	9.27	4.75
Property, Plant & Equipment	0.65	0.9	1.14
Long-Term Deferred Tax Assets	0.03	0.01	-
Total Assets	10.07	10.18	5.89
Accounts Payable	2.57	1.65	2.12
Accrued Expenses	1.29	0.34	0.39
Short-Term Debt	4.5	2.09	0.23
Current Portion of Long-Term Debt	0.58	0.73	-
Current Portion of Leases	0.08	0.07	0.07
Current Income Taxes Payable	0.01	0.12	0.02
Other Current Liabilities	0.56	0.47	3.17
Total Current Liabilities	9.6	5.48	5.99
Long-Term Debt	-	4.36	0.58
Long-Term Leases	0.09	0.17	0.24
Long-Term Deferred Tax Liabilities	-	-	0.03
Total Liabilities	9.69	10.01	6.84
Common Stock	0	0	0
Retained Earnings	2.87	2.66	1.54
Comprehensive Income & Other	-2.49	-2.49	-2.49
Shareholders' Equity	0.38	0.17	-0.95
Total Liabilities & Equity	10.07	10.18	5.89
Total Debt	5.26	7.43	1.12
Net Cash (Debt)	-5.09	-7.12	-0.69
Net Cash Per Share	-0.32	-0.45	-0.04
Filing Date Shares Outstanding	18.3	16	16
Total Common Shares Outstanding	16	16	16
Working Capital	-0.22	3.79	-1.24
Book Value Per Share	0.02	0.01	-0.06
Tangible Book Value	0.38	0.17	-0.95
Tangible Book Value Per Share	0.02	0.01	-0.06
Machinery	1.71	1.7	1.67
Leasehold Improvements	0.58	0.58	0.58

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q