Below are the financial statements of Phoenix Mills, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of INR | 2024 | 2023 |
|---|---|---|
| Non-current assets | — | — |
| Property, plant and equipment | 22,131.65b | 18,092.48b |
| Right of use assets | 266.68b | 0b |
| Investment property | 102,749.92b | 85,357.6b |
| Investment property under construction (including capital work in progress) | 15,032.57b | 22,946.62b |
| Goodwill on consolidation | 6,203.27b | 6,176.31b |
| Other intangible assets | 21.47b | 18.15b |
| Financial assets | — | — |
| Investments | 4,013.81b | 3,021.69b |
| Loans | 23b | 23.23b |
| Other financial assets | 2,310.59b | 1,538.9b |
| Deferred tax assets (net) | 1,355.21b | 1,635.15b |
| Income tax assets (net) | 1,781.29b | 1,256.93b |
| Other non-current assets | 3,069.45b | 1,898.05b |
| Assets | — | — |
| Total non-current assets | 158,958.91b | 141,965.09b |
| Current assets | — | — |
| Inventories | 7,817.41b | 12,117.3b |
| Financial assets | — | — |
| Investments | 13,239.61b | 9,801.18b |
| Trade and other receivables | 2,700.49b | 2,382.48b |
| Cash and cash equivalents | 4,552.33b | 2,645.79b |
| Bank balance other than cash & cash equivalent | 2,544.05b | 3,656.36b |
| Loans | 624.14b | 494.71b |
| Other financial assets | 1,269.09b | 1,185.99b |
| Other current assets | 1,127.41b | 1,643.11b |
| Total current assets | 33,874.53b | 33,926.91b |
| Total assets | 192,833.44b | 175,892.01b |
| Equity | — | — |
| Equity share capital | 357.39b | 357.22b |
| Other equity | 94,219.72b | 83,440.44b |
| Equity attributable to the owners | 94,577.11b | 83,797.66b |
| Non-controlling interest | 29,297.31b | 26,963.17b |
| Total equity | 123,874.42b | 110,760.83b |
| Financial liabilities | — | — |
| Borrowings | 38,130.85b | 33,102.01b |
| Lease liabilities | 210.47b | 0b |
| Trade payables | — | — |
| Total outstanding dues of micro enterprises and small enterprises | 0b | 0b |
| Total outstanding dues of creditors other than micro enterprises and small enterprises | 0.02b | 0b |
| Other financial liabilities | 4,097.41b | 2,613.99b |
| Non-current liabilities | — | — |
| Provisions | 294.86b | 258.37b |
| Deferred tax liabilities (net) | 3,249.93b | 2,873.23b |
| Other non-current liabilities | 523.79b | 498.52b |
| Liabilities | — | — |
| Total non-current liabilities | 46,507.32b | 39,346.12b |
| Financial liabilities | — | — |
| Borrowings | 7,988.35b | 9,490.78b |
| Lease liabilities | 62.73b | 0b |
| Trade payables | — | — |
| Total outstanding dues of micro enterprises and small enterprises | 476.67b | 215.57b |
| Total outstanding dues of creditors other than micro enterprises and small enterprises | 1,574.8b | 1,369.39b |
| Other financial liabilities | 8,521.81b | 8,829.49b |
| Current liabilities | — | — |
| Provisions | 1,792.31b | 1,570.4b |
| Other current liabilities | 1,914.7b | 4,232.35b |
| Current tax liabilities (net) | 120.33b | 77.09b |
| Total current liabilities | 22,451.7b | 25,785.07b |
| Total equity and liabilities | 192,833.44b | 175,892.01b |
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