{"id":595,"date":"2021-06-05T11:04:01","date_gmt":"2021-06-05T11:04:01","guid":{"rendered":"https:\/\/investors.bajajauto.com\/ar21\/?page_id=595"},"modified":"2021-06-25T15:32:37","modified_gmt":"2021-06-25T15:32:37","slug":"balance-sheet","status":"publish","type":"page","link":"https:\/\/investors.bajajauto.com\/ar21\/balance-sheet\/","title":{"rendered":"Balance Sheet"},"content":{"rendered":"<div class=\"nolwrap\">\n<div class=\"row\"  id=\"row-695409437\">\n\n\n\t<div id=\"col-1215025936\" class=\"col hide-for-medium medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"ux-menu stack stack-col justify-start ux-menu--divider-solid hide-for-small\">\n\t\t\n\n\t<div class=\"ux-menu-link flex menu-item\">\n\t\t<a class=\"ux-menu-link__link flex\" href=\"https:\/\/investors.bajajauto.com\/ar21\/standalone-financial-statement\/\" >\n\t\t\t\t\t\t<span class=\"ux-menu-link__text\">\n\t\t\t\tStandalone Financial Statement\t\t\t<\/span>\n\t\t<\/a>\n\t<\/div>\n\t\n\n\t<div class=\"ux-menu-link flex menu-item\">\n\t\t<a class=\"ux-menu-link__link flex\" href=\"https:\/\/investors.bajajauto.com\/ar21\/balance-sheet\/\" >\n\t\t\t\t\t\t<span class=\"ux-menu-link__text\">\n\t\t\t\tBalance sheet\t\t\t<\/span>\n\t\t<\/a>\n\t<\/div>\n\t\n\n\t<div class=\"ux-menu-link flex menu-item\">\n\t\t<a class=\"ux-menu-link__link flex\" href=\"https:\/\/investors.bajajauto.com\/ar21\/statement-of-profit-and-loss\/\" >\n\t\t\t\t\t\t<span class=\"ux-menu-link__text\">\n\t\t\t\tStatement of Profit and Loss\t\t\t<\/span>\n\t\t<\/a>\n\t<\/div>\n\t\n\n\t<div class=\"ux-menu-link flex menu-item\">\n\t\t<a class=\"ux-menu-link__link flex\" href=\"https:\/\/investors.bajajauto.com\/ar21\/statement-of-changes-in-equity\/\" >\n\t\t\t\t\t\t<span class=\"ux-menu-link__text\">\n\t\t\t\tStatement of Changes in Equity\t\t\t<\/span>\n\t\t<\/a>\n\t<\/div>\n\t\n\n\t<div class=\"ux-menu-link flex menu-item\">\n\t\t<a class=\"ux-menu-link__link flex\" href=\"https:\/\/investors.bajajauto.com\/ar21\/statement-of-cash-flows\/\" >\n\t\t\t\t\t\t<span class=\"ux-menu-link__text\">\n\t\t\t\tStatement of Cash Flows\t\t\t<\/span>\n\t\t<\/a>\n\t<\/div>\n\t\n\n\t<div class=\"ux-menu-link flex menu-item\">\n\t\t<a class=\"ux-menu-link__link flex\" href=\"https:\/\/investors.bajajauto.com\/ar21\/notes-to-standalone-financial-statements\/\" >\n\t\t\t\t\t\t<span class=\"ux-menu-link__text\">\n\t\t\t\tNotes to standalone financial statements\t\t\t<\/span>\n\t\t<\/a>\n\t<\/div>\n\t\n\n\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1044784287\" class=\"col hide-for-medium medium-9 small-12 large-9\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-4132854197\" class=\"text\">\n\t\t\n\n<h2>Balance Sheet<\/h2>\n\t\t\n<style>\n#text-4132854197 {\n  color: #005dac;\n}\n#text-4132854197 > * {\n  color: #005dac;\n}\n<\/style>\n\t<\/div>\n\t\n<div class=\"is-divider divider clearfix\" style=\"margin-top:10px;margin-bottom:10px;max-width:100%;background-color:rgb(0, 93, 172);\"><\/div>\n\n<div class=\"row row-collapse align-bottom\"  id=\"row-1720904254\">\n\n\n\t<div id=\"col-436870623\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1261791508\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1702240093\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1080302586\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-767326130\" class=\"text\">\n\t\t\n\n( \u20b9 in Crore )\n\t\t\n<style>\n#text-767326130 {\n  text-align: right;\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"gap-601081453\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-601081453 {\n  padding-top: 10px;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t<div id=\"text-2539107832\" class=\"text\">\n\t\t\n\nAs at 31 March\n\t\t\n<style>\n#text-2539107832 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n<div class=\"is-divider divider clearfix\" style=\"margin-top:10px;margin-bottom:10px;max-width:100%;background-color:rgb(128, 130, 133);\"><\/div>\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<table class=\"table table-sm\">\n<thead>\n<tr>\n<th scope=\"col\">Particulars<\/th>\n<th style=\"text-align: center;\" scope=\"col\">Note No.<\/th>\n<th style=\"color: #005dac; text-align: right;\" scope=\"col\"><b>2021<\/b><\/th>\n<th style=\"text-align: right;\" scope=\"col\">2020<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><b>ASSETS<b><\/b><\/b><\/td>\n<td>&nbsp;<\/td>\n<td style=\"color: #005dac;\">&nbsp;<\/td>\n<td>&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><b>Non-current assets<\/b><\/td>\n<td>&nbsp;<\/td>\n<td style=\"color: #005dac;\">&nbsp;<\/td>\n<td>&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/2-property-plant-equipment\/\">Property, plant and equipment<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/2-property-plant-equipment\/\">2<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">1,565.33<\/td>\n<td style=\"text-align: right;\">1,602.03<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/2-property-plant-equipment\/\">Capital work-in-progress<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/2-property-plant-equipment\/\">2<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">15.98<\/td>\n<td style=\"text-align: right;\">46.54<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/3-investment-property\/\">Investment property<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/3-investment-property\/\">3<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">52.30<\/td>\n<td style=\"text-align: right;\">53.90<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/4-intangible-assets\/\">Intangible assets<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/4-intangible-assets\/\">4<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">47.30<\/td>\n<td style=\"text-align: right;\">43.09<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/4-intangible-assets\/\">Intangible assets under development<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/4-intangible-assets\/\">4<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">&#8211;<\/td>\n<td style=\"text-align: right;\">13.65<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/5-investments\/\">Investments in subsidiaries<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/5-investments\/\">5A<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">1,233.26<\/td>\n<td style=\"text-align: right;\">1,233.26<\/td>\n<\/tr>\n<tr>\n<td>Financial assets<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/5-investments\/\">\u2003Investments<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/5-investments\/\">5B<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">13,369.58<\/td>\n<td style=\"text-align: right;\">14,182.94<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/10-trade-receivables\/\">\u2003Trade receivables<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/10-trade-receivables\/\">10<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">&#8211;<\/td>\n<td style=\"text-align: right;\">&#8211;<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/6-loan\/\">\u2003Loans<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/6-loan\/\">6<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">31.43<\/td>\n<td style=\"text-align: right;\">32.46<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/7-other-financial-assets\/\">\u2003Other financial assets<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/7-other-financial-assets\/\">7<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">&#8211;<\/td>\n<td style=\"text-align: right;\">3.13<\/td>\n<\/tr>\n<tr>\n<td>Income tax assets (net)<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">714.81<\/td>\n<td style=\"text-align: right;\">714.81<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/8-other-assets\/\">Other non-current assets<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/8-other-assets\/\">8<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">325.08<\/td>\n<td style=\"text-align: right;\">250.53<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/8-other-assets\/\">Other non-current assets<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/8-other-assets\/\">8<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\"><b>17,355.07<\/b><\/td>\n<td style=\"text-align: right;\"><b>18,176.34<\/b><\/td>\n<\/tr>\n<tr>\n<td>Current assets<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/9-inventories\/\">Inventories<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/9-inventories\/\">9<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">1,493.89<\/td>\n<td style=\"text-align: right;\">1,063.50<\/td>\n<\/tr>\n<tr>\n<td>Financial assets<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/5-investments\/\">\u2003Investments<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/5-investments\/\">5B<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">8,028.11<\/td>\n<td style=\"text-align: right;\">2,779.75<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/10-trade-receivables\/\">\u2003Trade receivables<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/10-trade-receivables\/\">10<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">2,716.85<\/td>\n<td style=\"text-align: right;\">1,725.10<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/11-cash-and-cash-equivalents\/\">\u2003Cash and cash equivalents<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/11-cash-and-cash-equivalents\/\">11<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">505.13<\/td>\n<td style=\"text-align: right;\">277.33<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/12-other-bank-balances\/\">\u2003Other bank balances<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/12-other-bank-balances\/\">12<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">22.23<\/td>\n<td style=\"text-align: right;\">30.94<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/6-loan\/\">\u2003Loans<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/6-loan\/\">6<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">5.74<\/td>\n<td style=\"text-align: right;\">6.11<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/7-other-financial-assets\/\">\u2003Other financial assets<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/7-other-financial-assets\/\">7<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">223.53<\/td>\n<td style=\"text-align: right;\">77.56<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/8-other-assets\/\">Other current assets<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/8-other-assets\/\">8<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">1,179.65<\/td>\n<td style=\"text-align: right;\">636.67<\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\"><b>14,175.13<\/b><\/td>\n<td style=\"text-align: right;\"><b>6,596.96<\/b><\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\"><b>31,530.20<\/b>\n<\/td>\n<td style=\"text-align: right;\"><b>24,773.30<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>EQUITY AND LIABILITIES<\/b><\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><b>Equity<\/b><\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/13-equity-share-capital\/\">Equity share capital<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/13-equity-share-capital\/\">13<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">289.37<\/td>\n<td style=\"text-align: right;\">289.37<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/14-other-equity\/\">Other equity<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/14-other-equity\/\">14<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">24,912.89<\/td>\n<td style=\"text-align: right;\">19,636.12<\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\"><b>25,202.26<\/b><\/td>\n<td style=\"text-align: right;\"><b>19,925.49<\/b><\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><b>Non-current liabilities<\/b><\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td>Financial liabilities<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/15-sales-tax-deferral\/\">\u2003Sales tax deferral<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/15-sales-tax-deferral\/\">15<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">121.46<\/td>\n<td style=\"text-align: right;\">125.59<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/16-provisions\/\">Provisions<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/16-provisions\/\">16<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">1.98<\/td>\n<td style=\"text-align: right;\">80.50<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/17-deferred-tax-liabilities-net\/\">Deferred tax liabilities (net)<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/17-deferred-tax-liabilities-net\/\">17<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">522.14<\/td>\n<td style=\"text-align: right;\">346.38<\/td>\n<\/tr>\n<tr>\n<td>Government grant<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">38.65<\/td>\n<td style=\"text-align: right;\">41.30<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/18-other-non-current-liabilities\/\">Other non-current liabilities<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/18-other-non-current-liabilities\/\">18<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">0.50<\/td>\n<td style=\"text-align: right;\">0.83<\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\"><b>684.73<\/b><\/td>\n<td style=\"text-align: right;\"><b>594.60<\/b><\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><b>Current liabilities<\/b><\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td>Financial liabilities<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td>\u2003Trade payables<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td>\u2003\u2002Total outstanding dues of micro enterprises and small enterprises<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">121.20<\/td>\n<td style=\"text-align: right;\">13.73<\/td>\n<\/tr>\n<tr>\n<td>\u2003\u2002Total outstanding dues of creditors other than micro enterprises and small \u2002enterprises<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">4,452.61<\/td>\n<td style=\"text-align: right;\">3185.97<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/19-other-financial-liabilities\/\">\u2003Other financial liabilities<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/19-other-financial-liabilities\/\">19<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">407.44<\/td>\n<td style=\"text-align: right;\">548.27<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/20-other-current-liabilities\/\">Other current liabilities<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/20-other-current-liabilities\/\">20<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">482.79<\/td>\n<td style=\"text-align: right;\">328.88<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/16-provisions\/\">Provisions<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/16-provisions\/\">16<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">152.37<\/td>\n<td style=\"text-align: right;\">157.97<\/td>\n<\/tr>\n<tr>\n<td>Government grant<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">2.65<\/td>\n<td style=\"text-align: right;\">2.65<\/td>\n<\/tr>\n<tr>\n<td>Current tax liabilities (net)<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">24.15<\/td>\n<td style=\"text-align: right;\">15.74<\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\"><b>5,643.21<\/b><\/td>\n<td style=\"text-align: right;\"><b>4,253.21<\/b><\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\"><b>31,530.20<\/b>\n<\/td>\n<td style=\"text-align: right;\"><b>24,773.30<\/b><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/1-summary-of-significant-accounting-policies-followed-by-the-company\/\">Summary of significant accounting policies followed by the Company<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/1-summary-of-significant-accounting-policies-followed-by-the-company\/\">1<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\"><\/td>\n<td style=\"text-align: right;\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\t<div id=\"gap-1666501639\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-1666501639 {\n  padding-top: 50px;\n}\n<\/style>\n\t<\/div>\n\t\n\n<div class=\"row\"  id=\"row-2063473890\">\n\n\n\t<div id=\"col-1658662085\" class=\"col medium-7 small-6 large-7\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n<p>The accompanying notes are an integral part of the<br \/> financial statements.<br \/> As per our report of even date<\/p>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-19552161\" class=\"col medium-5 small-6 large-5\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-269456498\" class=\"text\">\n\t\t\n\n<p>On behalf of the Board of Directors<\/p>\n\t\t\n<style>\n#text-269456498 {\n  text-align: right;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row\"  id=\"row-1614766948\">\n\n\n\t<div id=\"col-298442584\" class=\"col medium-6 small-8 large-6\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n<p>For S R B C &amp; CO LLP<br \/>\nChartered Accountants<br \/>\nICAI Firm Registration Number: 324982E\/E300003<\/p>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1732235368\" class=\"col medium-3 small-4 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-2072883385\" class=\"text show-for-medium\">\n\t\t\n\n<p>Rahul Bajaj<br>\nChairman<\/p>\n\t\t\n<style>\n#text-2072883385 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-699408616\" class=\"col hide-for-small medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-1326489481\" class=\"text\">\n\t\t\n\n<p>Rahul Bajaj<br>\nChairman<\/p>\n\t\t\n<style>\n#text-1326489481 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row\"  id=\"row-408135122\">\n\n\n\t<div id=\"col-1733577820\" class=\"col medium-5 small-4 large-5\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n<p>per Arvind Sethi<br \/>\nPartner<br \/>\nMembership Number: 89802<br \/>\nPune: 29 April 2021<\/p>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1979031363\" class=\"col medium-4 small-4 large-4\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-1403395974\" class=\"text\">\n\t\t\n\nSoumen Ray<br>\nChief Financial Officer\n\t\t\n<style>\n#text-1403395974 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"text-2900831606\" class=\"text\">\n\t\t\n\nDr. J Sridhar<br>\nCompany Secretary\n\t\t\n<style>\n#text-2900831606 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-294184235\" class=\"col medium-3 small-4 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-3314062824\" class=\"text\">\n\t\t\n\nRahul Bajaj<br>\nChairman\n\t\t\n<style>\n#text-3314062824 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"text-1447045585\" class=\"text\">\n\t\t\n\nMadhur Bajaj<br>\nVice Chairman\n\t\t\n<style>\n#text-1447045585 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-874577976\" class=\"col show-for-medium hide-for-small small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-2262834755\" class=\"text\">\n\t\t\n\n<h2>Balance Sheet<\/h2>\n\t\t\n<style>\n#text-2262834755 {\n  color: #005dac;\n}\n#text-2262834755 > * {\n  color: #005dac;\n}\n<\/style>\n\t<\/div>\n\t\n<div class=\"is-divider divider clearfix\" style=\"margin-top:10px;margin-bottom:10px;max-width:100%;background-color:rgb(0, 93, 172);\"><\/div>\n\n<div class=\"row row-collapse align-bottom\"  id=\"row-116823280\">\n\n\n\t<div id=\"col-593542806\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1587136917\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1450989353\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1724807564\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-3298064745\" class=\"text\">\n\t\t\n\n( \u20b9 in Crore )\n\t\t\n<style>\n#text-3298064745 {\n  text-align: right;\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"gap-303467005\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-303467005 {\n  padding-top: 10px;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t<div id=\"text-1415476522\" class=\"text\">\n\t\t\n\nAs at 31 March\n\t\t\n<style>\n#text-1415476522 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n<div class=\"is-divider divider clearfix\" style=\"margin-top:10px;margin-bottom:10px;max-width:100%;background-color:rgb(128, 130, 133);\"><\/div>\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<table class=\"table table-sm\">\n<thead>\n<tr>\n<th scope=\"col\">Particulars<\/th>\n<th style=\"text-align: center;\" scope=\"col\">Note No.<\/th>\n<th style=\"color: #005dac; text-align: right;\" scope=\"col\"><b>2021<\/b><\/th>\n<th style=\"text-align: right;\" scope=\"col\">2020<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><b>ASSETS<b><\/b><\/b><\/td>\n<td>&nbsp;<\/td>\n<td style=\"color: #005dac;\">&nbsp;<\/td>\n<td>&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><b>Non-current assets<\/b><\/td>\n<td>&nbsp;<\/td>\n<td style=\"color: #005dac;\">&nbsp;<\/td>\n<td>&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/2-property-plant-equipment\/\">Property, plant and equipment<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/2-property-plant-equipment\/\">2<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">1,565.33<\/td>\n<td style=\"text-align: right;\">1,602.03<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/2-property-plant-equipment\/\">Capital work-in-progress<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/2-property-plant-equipment\/\">2<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">15.98<\/td>\n<td style=\"text-align: right;\">46.54<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/3-investment-property\/\">Investment property<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/3-investment-property\/\">3<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">52.30<\/td>\n<td style=\"text-align: right;\">53.90<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/4-intangible-assets\/\">Intangible assets<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/4-intangible-assets\/\">4<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">47.30<\/td>\n<td style=\"text-align: right;\">43.09<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/4-intangible-assets\/\">Intangible assets under development<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/4-intangible-assets\/\">4<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">&#8211;<\/td>\n<td style=\"text-align: right;\">13.65<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/5-investments\/\">Investments in subsidiaries<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/5-investments\/\">5A<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">1,233.26<\/td>\n<td style=\"text-align: right;\">1,233.26<\/td>\n<\/tr>\n<tr>\n<td>Financial assets<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/5-investments\/\">\u2003Investments<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/5-investments\/\">5B<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">13,369.58<\/td>\n<td style=\"text-align: right;\">14,182.94<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/10-trade-receivables\/\">\u2003Trade receivables<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/10-trade-receivables\/\">10<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">&#8211;<\/td>\n<td style=\"text-align: right;\">&#8211;<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/6-loan\/\">\u2003Loans<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/6-loan\/\">6<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">31.43<\/td>\n<td style=\"text-align: right;\">32.46<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/7-other-financial-assets\/\">\u2003Other financial assets<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/7-other-financial-assets\/\">7<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">&#8211;<\/td>\n<td style=\"text-align: right;\">3.13<\/td>\n<\/tr>\n<tr>\n<td>Income tax assets (net)<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">714.81<\/td>\n<td style=\"text-align: right;\">714.81<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/8-other-assets\/\">Other non-current assets<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/8-other-assets\/\">8<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">325.08<\/td>\n<td style=\"text-align: right;\">250.53<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/8-other-assets\/\">Other non-current assets<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/8-other-assets\/\">8<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\"><b>17,355.07<\/b><\/td>\n<td style=\"text-align: right;\"><b>18,176.34<\/b><\/td>\n<\/tr>\n<tr>\n<td>Current assets<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/9-inventories\/\">Inventories<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/9-inventories\/\">9<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">1,493.89<\/td>\n<td style=\"text-align: right;\">1,063.50<\/td>\n<\/tr>\n<tr>\n<td>Financial assets<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/5-investments\/\">\u2003Investments<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/5-investments\/\">5B<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">8,028.11<\/td>\n<td style=\"text-align: right;\">2,779.75<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/10-trade-receivables\/\">\u2003Trade receivables<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/10-trade-receivables\/\">10<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">2,716.85<\/td>\n<td style=\"text-align: right;\">1,725.10<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/11-cash-and-cash-equivalents\/\">\u2003Cash and cash equivalents<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/11-cash-and-cash-equivalents\/\">11<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">505.13<\/td>\n<td style=\"text-align: right;\">277.33<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/12-other-bank-balances\/\">\u2003Other bank balances<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/12-other-bank-balances\/\">12<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">22.23<\/td>\n<td style=\"text-align: right;\">30.94<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/6-loan\/\">\u2003Loans<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/6-loan\/\">6<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">5.74<\/td>\n<td style=\"text-align: right;\">6.11<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/7-other-financial-assets\/\">\u2003Other financial assets<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/7-other-financial-assets\/\">7<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">223.53<\/td>\n<td style=\"text-align: right;\">77.56<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/8-other-assets\/\">Other current assets<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/8-other-assets\/\">8<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">1,179.65<\/td>\n<td style=\"text-align: right;\">636.67<\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\"><b>14,175.13<\/b><\/td>\n<td style=\"text-align: right;\"><b>6,596.96<\/b><\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\"><b>31,530.20<\/b>\n<\/td>\n<td style=\"text-align: right;\"><b>24,773.30<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>EQUITY AND LIABILITIES<\/b><\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><b>Equity<\/b><\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/13-equity-share-capital\/\">Equity share capital<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/13-equity-share-capital\/\">13<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">289.37<\/td>\n<td style=\"text-align: right;\">289.37<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/14-other-equity\/\">Other equity<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/14-other-equity\/\">14<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">24,912.89<\/td>\n<td style=\"text-align: right;\">19,636.12<\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\"><b>25,202.26<\/b><\/td>\n<td style=\"text-align: right;\"><b>19,925.49<\/b><\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><b>Non-current liabilities<\/b><\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td>Financial liabilities<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/15-sales-tax-deferral\/\">\u2003Sales tax deferral<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/15-sales-tax-deferral\/\">15<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">121.46<\/td>\n<td style=\"text-align: right;\">125.59<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/16-provisions\/\">Provisions<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/16-provisions\/\">16<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">1.98<\/td>\n<td style=\"text-align: right;\">80.50<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/17-deferred-tax-liabilities-net\/\">Deferred tax liabilities (net)<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/17-deferred-tax-liabilities-net\/\">17<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">522.14<\/td>\n<td style=\"text-align: right;\">346.38<\/td>\n<\/tr>\n<tr>\n<td>Government grant<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">38.65<\/td>\n<td style=\"text-align: right;\">41.30<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/18-other-non-current-liabilities\/\">Other non-current liabilities<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/18-other-non-current-liabilities\/\">18<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">0.50<\/td>\n<td style=\"text-align: right;\">0.83<\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\"><b>684.73<\/b><\/td>\n<td style=\"text-align: right;\"><b>594.60<\/b><\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><b>Current liabilities<\/b><\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td>Financial liabilities<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td>\u2003Trade payables<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td>\u2003\u2002Total outstanding dues of micro enterprises and small enterprises<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">121.20<\/td>\n<td style=\"text-align: right;\">13.73<\/td>\n<\/tr>\n<tr>\n<td>\u2003\u2002Total outstanding dues of creditors other than micro enterprises and small \u2002enterprises<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">4,452.61<\/td>\n<td style=\"text-align: right;\">3185.97<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/19-other-financial-liabilities\/\">\u2003Other financial liabilities<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/19-other-financial-liabilities\/\">19<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">407.44<\/td>\n<td style=\"text-align: right;\">548.27<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/20-other-current-liabilities\/\">Other current liabilities<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/20-other-current-liabilities\/\">20<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">482.79<\/td>\n<td style=\"text-align: right;\">328.88<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/16-provisions\/\">Provisions<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/16-provisions\/\">16<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">152.37<\/td>\n<td style=\"text-align: right;\">157.97<\/td>\n<\/tr>\n<tr>\n<td>Government grant<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">2.65<\/td>\n<td style=\"text-align: right;\">2.65<\/td>\n<\/tr>\n<tr>\n<td>Current tax liabilities (net)<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">24.15<\/td>\n<td style=\"text-align: right;\">15.74<\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\"><b>5,643.21<\/b><\/td>\n<td style=\"text-align: right;\"><b>4,253.21<\/b><\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\"><b>31,530.20<\/b>\n<\/td>\n<td style=\"text-align: right;\"><b>24,773.30<\/b><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/1-summary-of-significant-accounting-policies-followed-by-the-company\/\">Summary of significant accounting policies followed by the Company<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/1-summary-of-significant-accounting-policies-followed-by-the-company\/\">1<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\"><\/td>\n<td style=\"text-align: right;\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\t<div id=\"gap-973750864\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-973750864 {\n  padding-top: 50px;\n}\n<\/style>\n\t<\/div>\n\t\n\n<div class=\"row\"  id=\"row-798405897\">\n\n\n\t<div id=\"col-861895120\" class=\"col medium-7 small-6 large-7\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n<p>The accompanying notes are an integral part of the<br \/> financial statements.<br \/> As per our report of even date<\/p>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-468934787\" class=\"col medium-5 small-6 large-5\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-2766292674\" class=\"text\">\n\t\t\n\n<p>On behalf of the Board of Directors<\/p>\n\t\t\n<style>\n#text-2766292674 {\n  text-align: right;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row\"  id=\"row-1687999872\">\n\n\n\t<div id=\"col-1539643100\" class=\"col medium-6 small-8 large-6\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n<p>For S R B C &amp; CO LLP<br \/>\nChartered Accountants<br \/>\nICAI Firm Registration Number: 324982E\/E300003<\/p>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-2108572374\" class=\"col medium-3 small-4 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-4193331593\" class=\"text show-for-medium\">\n\t\t\n\n<p>Rahul Bajaj<br>\nChairman<\/p>\n\t\t\n<style>\n#text-4193331593 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-4297231\" class=\"col hide-for-small medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-421866753\" class=\"text\">\n\t\t\n\n<p>Rahul Bajaj<br>\nChairman<\/p>\n\t\t\n<style>\n#text-421866753 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row\"  id=\"row-629401414\">\n\n\n\t<div id=\"col-608443005\" class=\"col medium-5 small-4 large-5\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n<p>per Arvind Sethi<br \/>\nPartner<br \/>\nMembership Number: 89802<br \/>\nPune: 29 April 2021<\/p>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1166656296\" class=\"col medium-4 small-4 large-4\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-3880218607\" class=\"text\">\n\t\t\n\nSoumen Ray<br>\nChief Financial Officer\n\t\t\n<style>\n#text-3880218607 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"text-2926920863\" class=\"text\">\n\t\t\n\nDr. J Sridhar<br>\nCompany Secretary\n\t\t\n<style>\n#text-2926920863 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-59207443\" class=\"col medium-3 small-4 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-1702888964\" class=\"text\">\n\t\t\n\nRahul Bajaj<br>\nChairman\n\t\t\n<style>\n#text-1702888964 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"text-1198223342\" class=\"text\">\n\t\t\n\nMadhur Bajaj<br>\nVice Chairman\n\t\t\n<style>\n#text-1198223342 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-2144985244\" class=\"col show-for-small small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-3572971068\" class=\"text\">\n\t\t\n\n<h2>Balance Sheet<\/h2>\n\t\t\n<style>\n#text-3572971068 {\n  color: #005dac;\n}\n#text-3572971068 > * {\n  color: #005dac;\n}\n<\/style>\n\t<\/div>\n\t\n<div class=\"is-divider divider clearfix\" style=\"margin-top:10px;margin-bottom:10px;max-width:100%;background-color:rgb(0, 93, 172);\"><\/div>\n\n<div class=\"row row-collapse align-bottom\"  id=\"row-969319211\">\n\n\n\t<div id=\"col-1811606755\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1567255887\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1202314794\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1325403260\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-2742786196\" class=\"text\">\n\t\t\n\n( \u20b9 in Crore )\n\t\t\n<style>\n#text-2742786196 {\n  text-align: right;\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"gap-1670869986\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-1670869986 {\n  padding-top: 10px;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t<div id=\"text-708515566\" class=\"text\">\n\t\t\n\nAs at 31 March\n\t\t\n<style>\n#text-708515566 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n<div class=\"is-divider divider clearfix\" style=\"margin-top:10px;margin-bottom:10px;max-width:100%;background-color:rgb(128, 130, 133);\"><\/div>\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<table class=\"table table-sm\">\n<thead>\n<tr>\n<th scope=\"col\">Particulars<\/th>\n<th style=\"text-align: center;\" scope=\"col\">Note No.<\/th>\n<th style=\"color: #005dac; text-align: right;\" scope=\"col\"><b>2021<\/b><\/th>\n<th style=\"text-align: right;\" scope=\"col\">2020<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><b>ASSETS<b><\/b><\/b><\/td>\n<td>&nbsp;<\/td>\n<td style=\"color: #005dac;\">&nbsp;<\/td>\n<td>&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><b>Non-current assets<\/b><\/td>\n<td>&nbsp;<\/td>\n<td style=\"color: #005dac;\">&nbsp;<\/td>\n<td>&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/2-property-plant-equipment\/\">Property, plant and equipment<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/2-property-plant-equipment\/\">2<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">1,565.33<\/td>\n<td style=\"text-align: right;\">1,602.03<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/2-property-plant-equipment\/\">Capital work-in-progress<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/2-property-plant-equipment\/\">2<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">15.98<\/td>\n<td style=\"text-align: right;\">46.54<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/3-investment-property\/\">Investment property<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/3-investment-property\/\">3<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">52.30<\/td>\n<td style=\"text-align: right;\">53.90<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/4-intangible-assets\/\">Intangible assets<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/4-intangible-assets\/\">4<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">47.30<\/td>\n<td style=\"text-align: right;\">43.09<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/4-intangible-assets\/\">Intangible assets under development<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/4-intangible-assets\/\">4<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">&#8211;<\/td>\n<td style=\"text-align: right;\">13.65<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/5-investments\/\">Investments in subsidiaries<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/5-investments\/\">5A<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">1,233.26<\/td>\n<td style=\"text-align: right;\">1,233.26<\/td>\n<\/tr>\n<tr>\n<td>Financial assets<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/5-investments\/\">\u2003Investments<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/5-investments\/\">5B<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">13,369.58<\/td>\n<td style=\"text-align: right;\">14,182.94<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/10-trade-receivables\/\">\u2003Trade receivables<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/10-trade-receivables\/\">10<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">&#8211;<\/td>\n<td style=\"text-align: right;\">&#8211;<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/6-loan\/\">\u2003Loans<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/6-loan\/\">6<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">31.43<\/td>\n<td style=\"text-align: right;\">32.46<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/7-other-financial-assets\/\">\u2003Other financial assets<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/7-other-financial-assets\/\">7<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">&#8211;<\/td>\n<td style=\"text-align: right;\">3.13<\/td>\n<\/tr>\n<tr>\n<td>Income tax assets (net)<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">714.81<\/td>\n<td style=\"text-align: right;\">714.81<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/8-other-assets\/\">Other non-current assets<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/8-other-assets\/\">8<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">325.08<\/td>\n<td style=\"text-align: right;\">250.53<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/8-other-assets\/\">Other non-current assets<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/8-other-assets\/\">8<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\"><b>17,355.07<\/b><\/td>\n<td style=\"text-align: right;\"><b>18,176.34<\/b><\/td>\n<\/tr>\n<tr>\n<td>Current assets<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/9-inventories\/\">Inventories<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/9-inventories\/\">9<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">1,493.89<\/td>\n<td style=\"text-align: right;\">1,063.50<\/td>\n<\/tr>\n<tr>\n<td>Financial assets<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/5-investments\/\">\u2003Investments<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/5-investments\/\">5B<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">8,028.11<\/td>\n<td style=\"text-align: right;\">2,779.75<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/10-trade-receivables\/\">\u2003Trade receivables<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/10-trade-receivables\/\">10<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">2,716.85<\/td>\n<td style=\"text-align: right;\">1,725.10<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/11-cash-and-cash-equivalents\/\">\u2003Cash and cash equivalents<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/11-cash-and-cash-equivalents\/\">11<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">505.13<\/td>\n<td style=\"text-align: right;\">277.33<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/12-other-bank-balances\/\">\u2003Other bank balances<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/12-other-bank-balances\/\">12<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">22.23<\/td>\n<td style=\"text-align: right;\">30.94<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/6-loan\/\">\u2003Loans<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/6-loan\/\">6<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">5.74<\/td>\n<td style=\"text-align: right;\">6.11<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/7-other-financial-assets\/\">\u2003Other financial assets<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/7-other-financial-assets\/\">7<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">223.53<\/td>\n<td style=\"text-align: right;\">77.56<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/8-other-assets\/\">Other current assets<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/8-other-assets\/\">8<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">1,179.65<\/td>\n<td style=\"text-align: right;\">636.67<\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\"><b>14,175.13<\/b><\/td>\n<td style=\"text-align: right;\"><b>6,596.96<\/b><\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\"><b>31,530.20<\/b>\n<\/td>\n<td style=\"text-align: right;\"><b>24,773.30<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>EQUITY AND LIABILITIES<\/b><\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><b>Equity<\/b><\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/13-equity-share-capital\/\">Equity share capital<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/13-equity-share-capital\/\">13<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">289.37<\/td>\n<td style=\"text-align: right;\">289.37<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/14-other-equity\/\">Other equity<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/14-other-equity\/\">14<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">24,912.89<\/td>\n<td style=\"text-align: right;\">19,636.12<\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\"><b>25,202.26<\/b><\/td>\n<td style=\"text-align: right;\"><b>19,925.49<\/b><\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><b>Non-current liabilities<\/b><\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td>Financial liabilities<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/15-sales-tax-deferral\/\">\u2003Sales tax deferral<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/15-sales-tax-deferral\/\">15<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">121.46<\/td>\n<td style=\"text-align: right;\">125.59<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/16-provisions\/\">Provisions<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/16-provisions\/\">16<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">1.98<\/td>\n<td style=\"text-align: right;\">80.50<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/17-deferred-tax-liabilities-net\/\">Deferred tax liabilities (net)<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/17-deferred-tax-liabilities-net\/\">17<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">522.14<\/td>\n<td style=\"text-align: right;\">346.38<\/td>\n<\/tr>\n<tr>\n<td>Government grant<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">38.65<\/td>\n<td style=\"text-align: right;\">41.30<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/18-other-non-current-liabilities\/\">Other non-current liabilities<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/18-other-non-current-liabilities\/\">18<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">0.50<\/td>\n<td style=\"text-align: right;\">0.83<\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\"><b>684.73<\/b><\/td>\n<td style=\"text-align: right;\"><b>594.60<\/b><\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><b>Current liabilities<\/b><\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td>Financial liabilities<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td>\u2003Trade payables<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">&nbsp;<\/td>\n<td style=\"text-align: right;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td>\u2003\u2002Total outstanding dues of micro enterprises and small enterprises<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">121.20<\/td>\n<td style=\"text-align: right;\">13.73<\/td>\n<\/tr>\n<tr>\n<td>\u2003\u2002Total outstanding dues of creditors other than micro enterprises and small \u2002enterprises<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">4,452.61<\/td>\n<td style=\"text-align: right;\">3185.97<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/19-other-financial-liabilities\/\">\u2003Other financial liabilities<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/19-other-financial-liabilities\/\">19<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">407.44<\/td>\n<td style=\"text-align: right;\">548.27<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/20-other-current-liabilities\/\">Other current liabilities<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/20-other-current-liabilities\/\">20<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">482.79<\/td>\n<td style=\"text-align: right;\">328.88<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/16-provisions\/\">Provisions<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/16-provisions\/\">16<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\">152.37<\/td>\n<td style=\"text-align: right;\">157.97<\/td>\n<\/tr>\n<tr>\n<td>Government grant<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">2.65<\/td>\n<td style=\"text-align: right;\">2.65<\/td>\n<\/tr>\n<tr>\n<td>Current tax liabilities (net)<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\">24.15<\/td>\n<td style=\"text-align: right;\">15.74<\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\"><b>5,643.21<\/b><\/td>\n<td style=\"text-align: right;\"><b>4,253.21<\/b><\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td style=\"text-align: center;\">&nbsp;<\/td>\n<td style=\"color: #005dac; text-align: right;\"><b>31,530.20<\/b>\n<\/td>\n<td style=\"text-align: right;\"><b>24,773.30<\/b><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/1-summary-of-significant-accounting-policies-followed-by-the-company\/\">Summary of significant accounting policies followed by the Company<\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/1-summary-of-significant-accounting-policies-followed-by-the-company\/\">1<\/a><\/td>\n<td style=\"color: #005dac; text-align: right;\"><\/td>\n<td style=\"text-align: right;\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\t<div id=\"gap-1107937343\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-1107937343 {\n  padding-top: 50px;\n}\n<\/style>\n\t<\/div>\n\t\n\n<div class=\"row\"  id=\"row-2036458607\">\n\n\n\t<div id=\"col-568072215\" class=\"col medium-7 small-6 large-7\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n<p>The accompanying notes are an integral part of the<br \/> financial statements.<br \/> As per our report of even date<\/p>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1413206071\" class=\"col medium-5 small-6 large-5\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-2672589673\" class=\"text\">\n\t\t\n\n<p>On behalf of the Board of Directors<\/p>\n\t\t\n<style>\n#text-2672589673 {\n  text-align: right;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row\"  id=\"row-222890285\">\n\n\n\t<div id=\"col-762887802\" class=\"col medium-6 small-8 large-6\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n<p>For S R B C &amp; CO LLP<br \/>\nChartered Accountants<br \/>\nICAI Firm Registration Number: 324982E\/E300003<\/p>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1405405854\" class=\"col medium-3 small-4 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-3802255633\" class=\"text show-for-medium\">\n\t\t\n\n<p>Rahul Bajaj<br>\nChairman<\/p>\n\t\t\n<style>\n#text-3802255633 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1237365523\" class=\"col hide-for-small medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-4276839064\" class=\"text\">\n\t\t\n\n<p>Rahul Bajaj<br>\nChairman<\/p>\n\t\t\n<style>\n#text-4276839064 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row\"  id=\"row-1807693615\">\n\n\n\t<div id=\"col-574707660\" class=\"col medium-5 small-4 large-5\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n<p>per Arvind Sethi<br \/>\nPartner<br \/>\nMembership Number: 89802<br \/>\nPune: 29 April 2021<\/p>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-611840096\" class=\"col medium-4 small-4 large-4\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-288519068\" class=\"text\">\n\t\t\n\nSoumen Ray<br>\nChief Financial Officer\n\t\t\n<style>\n#text-288519068 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"text-1315293837\" class=\"text\">\n\t\t\n\nDr. J Sridhar<br>\nCompany Secretary\n\t\t\n<style>\n#text-1315293837 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-634749689\" class=\"col medium-3 small-4 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-2848934836\" class=\"text\">\n\t\t\n\nRahul Bajaj<br>\nChairman\n\t\t\n<style>\n#text-2848934836 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"text-569039217\" class=\"text\">\n\t\t\n\nMadhur Bajaj<br>\nVice Chairman\n\t\t\n<style>\n#text-569039217 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n\n<\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-595","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/investors.bajajauto.com\/ar21\/wp-json\/wp\/v2\/pages\/595","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investors.bajajauto.com\/ar21\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/investors.bajajauto.com\/ar21\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/investors.bajajauto.com\/ar21\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/investors.bajajauto.com\/ar21\/wp-json\/wp\/v2\/comments?post=595"}],"version-history":[{"count":10,"href":"https:\/\/investors.bajajauto.com\/ar21\/wp-json\/wp\/v2\/pages\/595\/revisions"}],"predecessor-version":[{"id":3474,"href":"https:\/\/investors.bajajauto.com\/ar21\/wp-json\/wp\/v2\/pages\/595\/revisions\/3474"}],"wp:attachment":[{"href":"https:\/\/investors.bajajauto.com\/ar21\/wp-json\/wp\/v2\/media?parent=595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}