Nifty

:

10710.80

Sensex

:

36093.47

-129.85 (-1.20%)
-470.41 (-1.29%)

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Nifty
Sensex

:
:

10710.80
36093.47

-129.85 (-1.20%)
-470.41 (-1.29%)

Hi-Tech Gears Ltd.

Auto Ancillary

Rating :

39/99

BSE: 522073 | NSE: HITECHGEAR

Watchlist

NSE BSE

182.80

18-Sep-2019

Open
High
Low
Previous Close

178.05
184.00
177.95
179.85

Volume
Traded Value (lacs)
52 Week High
52 Week Low

2073
3.75
495.00
147.40

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

346.27
10.57
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

670.76
1.90%
1.28

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales

Revenue CAGR (%)

10 Years
5 Years
3 Years

5.99
7.87
5.43

EBITDA CAGR (%)

10 Years
5 Years
3 Years

8.12
9.01
4.28

PAT CAGR (%)

10 Years
5 Years
3 Years

15.29
14.91
14.68

P:E (Median)

8 Years
5 Years
3 Years

22.34
26.36
27.32

P:BV (Average)

8 Years
5 Years
3 Years

2.57
3.24
3.22

EV:EBITDA (Average)

8 Years
5 Years
3 Years

7.80
10.22
10.47

Quarterly Results

Standalone Figures in Rs. Crores /

Consolidated

Description Jun 19 Jun 18 Var% Mar 19 Mar 18 Var% Dec 18 Dec 17 Var% Sep 18 Sep 17 Var%
Net Sales 150.68 162.72 -7.40% 160.92 144.02 11.73% 151.59 124.58 21.68% 171.98 136.66 25.85%
Expenses 135.33 138.42 -2.23% 138.57 124.52 11.28% 129.90 107.94 20.34% 155.06 118.26 31.12%
EBITDA 15.35 24.30 -36.83% 22.35 19.49 14.67% 21.69 16.64 30.35% 16.92 18.40 -8.04%
EBIDTM 10.19% 14.93% 13.89% 13.54% 14.31% 13.36% 9.84% 13.46%
Other Income 1.72 3.18 -45.91% 1.47 2.64 -44.32% 7.11 3.80 87.11% 6.25 3.65 71.23%
Interest 4.87 8.96 -45.65% 4.69 2.65 76.98% 4.98 2.09 138.28% 4.45 2.19 103.20%
Depreciation 7.11 6.46 10.06% 6.85 6.46 6.04% 6.82 7.11 -4.08% 6.96 6.48 7.41%
PBT 5.08 12.06 -57.88% 12.29 13.02 -5.61% 17.00 11.24 51.25% 11.76 13.38 -12.11%
Tax 2.02 6.27 -67.78% 3.17 4.80 -33.96% 2.38 3.80 -37.37% 5.81 4.24 37.03%
PAT 3.06 5.79 -47.15% 9.12 8.22 10.95% 14.62 7.44 96.51% 5.95 9.14 -34.90%
PATM 2.03% 3.56% 5.66% 5.71% 9.64% 5.97% 3.46% 6.69%
EPS 1.63 3.08 -47.08% 4.86 4.38 10.96% 7.79 3.96 96.72% 3.17 4.87 -34.91%

Description Jun 19 Jun 18 Var% Mar 19 Mar 18 Var% Dec 18 Dec 17 Var% Sep 18 Sep 17 Var%
Net Sales 217.60 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Expenses 193.06 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBITDA 24.53 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIDTM 11.28% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Other Income 2.83 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 7.54 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 11.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBT 8.82 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Tax 3.22 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 5.59 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PATM 2.57% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS 2.98 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description TTM Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12 Mar 11 Mar 10 Mar 09
Net Sales 635.17 527.27 448.31 449.97 431.93 361.02 373.38 497.48 424.93 322.70 294.78 Net Sales Growth 11.83% 17.61% -0.37% 4.18% 19.64% -3.31% -24.95% 17.07% 31.68% 9.47% Cost Of Goods Sold 336.29 280.43 233.62 247.38 251.66 206.91 212.35 275.51 232.48 134.44 126.92 Gross Profit 298.88 246.83 214.68 202.59 180.27 154.10 161.02 221.97 192.45 188.26 167.86 GP Margin 47.05% 46.81% 47.89% 45.02% 41.74% 42.68% 43.12% 44.62% 45.29% 58.34% 56.94% Total Expenditure 558.86 456.71 393.62 392.76 379.50 315.18 320.96 411.28 350.98 275.09 262.46 Power & Fuel Cost - 30.11 23.90 21.08 18.18 13.38 14.17 17.40 15.41 13.47 11.90 % Of Sales - 5.71% 5.33% 4.68% 4.21% 3.71% 3.80% 3.50% 3.63% 4.17% 4.04% Employee Cost - 79.29 72.44 68.65 60.86 55.33 55.52 58.17 45.53 36.53 35.57 % Of Sales - 15.04% 16.16% 15.26% 14.09% 15.33% 14.87% 11.69% 10.71% 11.32% 12.07% Manufacturing Exp. - 36.97 31.09 31.67 28.33 21.01 20.86 32.52 26.59 71.30 72.36 % Of Sales - 7.01% 6.93% 7.04% 6.56% 5.82% 5.59% 6.54% 6.26% 22.09% 24.55% General & Admin Exp. - 11.97 13.70 3.83 3.97 3.84 3.60 8.76 8.52 16.78 14.06 % Of Sales - 2.27% 3.06% 0.85% 0.92% 1.06% 0.96% 1.76% 2.01% 5.20% 4.77% Selling & Distn. Exp. - 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.02 % Of Sales - 0% 0% 0% 0% 0% 0% 0% 0% 0.02% 0.01% Miscellaneous Exp. - 17.95 18.86 20.15 16.51 14.71 14.46 18.92 22.46 2.53 0.02 % Of Sales - 3.40% 4.21% 4.48% 3.82% 4.07% 3.87% 3.80% 5.29% 0.78% 0.55% EBITDA 76.31 70.56 54.69 57.21 52.43 45.84 52.42 86.20 73.95 47.61 32.32 EBITDA Margin 12.01% 13.38% 12.20% 12.71% 12.14% 12.70% 14.04% 17.33% 17.40% 14.75% 10.96% Other Income 16.55 13.19 5.91 2.28 2.66 5.18 2.00 3.55 2.46 0.86 1.30 Interest 18.99 9.06 2.94 2.49 3.69 5.90 7.62 7.41 7.56 8.87 9.97 Depreciation 27.74 26.30 25.08 22.73 25.11 23.06 23.16 19.82 16.19 12.61 11.77 PBT 46.13 48.39 32.58 34.26 26.30 22.06 23.64 62.51 52.66 26.99 11.88 Tax 13.38 16.48 11.70 12.44 7.88 6.13 7.43 20.40 17.63 9.14 4.19 Tax Rate 29.00% 34.06% 35.91% 37.03% 29.96% 27.79% 31.43% 32.63% 33.48% 33.86% 35.27% PAT 32.75 31.91 20.88 21.16 18.42 15.93 16.21 42.11 35.03 17.85 7.69 PAT before Minority Interest 32.75 31.91 20.88 21.16 18.42 15.93 16.21 42.11 35.03 17.85 7.69 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 5.16% 6.05% 4.66% 4.70% 4.26% 4.41% 4.34% 8.46% 8.24% 5.53% 2.61% PAT Growth 7.06% 52.83% -1.32% 14.88% 15.63% -1.73% -61.51% 20.21% 96.25% 132.12% Unadjusted EPS 17.45 17.00 11.12 11.28 9.81 8.49 8.64 22.44 18.67 19.00 6.23

Description TTM Mar 18 Mar 17 Mar 07 Mar 06 Mar 05
Net Sales - 748.56 471.27 269.63 201.29 159.28 Net Sales Growth - 58.84% 74.78% 33.95% 26.37% Cost Of Goods Sold - 368.24 242.77 104.33 77.70 61.76 Gross Profit - 380.33 228.50 165.31 123.59 97.52 GP Margin - 50.81% 48.49% 61.31% 61.40% 61.23% Total Expenditure - 653.92 414.98 238.18 178.32 137.76 Power & Fuel Cost - 37.73 24.55 14.94 15.19 10.78 % Of Sales - 5.04% 5.21% 5.54% 7.55% 6.77% Employee Cost - 150.46 79.38 26.18 20.22 15.39 % Of Sales - 20.10% 16.84% 9.71% 10.05% 9.66% Manufacturing Exp. - 54.73 33.09 79.09 54.74 42.82 % Of Sales - 7.31% 7.02% 29.33% 27.19% 26.88% General & Admin Exp. - 15.44 4.84 4.17 3.80 3.26 % Of Sales - 2.06% 1.03% 1.55% 1.89% 2.05% Selling & Distn. Exp. - 0.00 0.00 0.02 0.02 0.02 % Of Sales - 0% 0% 0.01% 0.01% 0.01% Miscellaneous Exp. - 27.33 30.34 9.45 6.65 3.73 % Of Sales - 3.65% 6.44% 3.50% 3.30% 2.34% EBITDA - 94.64 56.29 31.45 22.97 21.52 EBITDA Margin - 12.64% 11.94% 11.66% 11.41% 13.51% Other Income - 19.81 6.52 1.87 0.74 0.81 Interest - 23.51 4.08 9.06 5.19 2.97 Depreciation - 39.42 26.15 10.81 9.26 6.92 PBT - 51.52 32.58 13.45 9.26 12.45 Tax - 17.27 12.44 5.12 3.72 4.63 Tax Rate - 33.52% 38.18% 38.07% 40.17% 37.19% PAT - 34.24 20.14 8.33 5.53 7.81 PAT before Minority Interest - 34.24 20.14 8.33 5.53 7.81 Minority Interest - 0.00 0.00 0.00 0.00 0.00 PAT Margin - 4.57% 4.27% 3.09% 2.75% 4.90% PAT Growth - 70.01% 141.78% 50.63% -29.19% Unadjusted EPS - 18.25 10.73 8.88 5.90 8.32

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12 Mar 11 Mar 10 Mar 09
Shareholder's Funds 240.44 214.44 196.03 181.67 176.21 166.28 155.85 123.60 98.44 76.48 Share Capital 18.77 18.77 18.77 18.77 18.77 18.77 18.77 18.77 9.38 9.38 Total Reserves 221.67 195.67 177.26 162.90 157.44 147.51 137.09 104.83 89.05 67.10 Non-Current Liabilities 129.59 81.67 6.20 6.55 25.86 40.84 52.82 56.82 59.19 75.09 Secured Loans 122.24 72.01 0.28 0.16 13.80 29.93 41.04 45.07 46.73 61.66 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.86 3.72 Long Term Provisions 3.34 3.39 3.19 2.35 2.57 0.00 0.00 0.00 0.00 0.00 Current Liabilities 180.18 136.43 113.69 105.44 95.61 100.06 137.11 86.88 82.14 73.59 Trade Payables 55.39 37.51 38.59 34.30 43.87 44.25 61.35 47.21 56.24 41.91 Other Current Liabilities 35.02 33.08 27.46 36.42 22.82 15.56 17.73 6.47 12.04 16.88 Short Term Borrowings 56.87 51.39 41.13 29.87 7.88 3.95 26.89 4.23 0.00 0.00 Short Term Provisions 32.90 14.45 6.51 4.85 21.04 36.30 31.14 28.96 13.86 14.80 Total Liabilities 550.21 432.54 315.92 293.66 297.68 307.18 345.78 267.30 239.77 225.16 Net Block 169.33 170.52 174.37 172.55 178.81 189.97 200.68 155.29 142.27 139.77 Gross Block 440.70 419.47 393.64 374.09 346.08 334.27 321.87 260.34 231.90 216.98 Accumulated Depreciation 271.37 248.95 219.27 201.53 167.27 144.30 121.19 105.04 89.62 77.21 Non Current Assets 330.85 277.66 180.66 177.91 181.34 194.05 205.39 161.19 147.57 144.81 Capital Work in Progress 2.11 2.81 2.53 0.80 0.16 0.32 0.30 0.03 5.29 5.03 Non Current Investment 153.57 101.51 0.07 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Loans & Adv. 5.65 2.54 3.06 3.91 1.82 3.75 4.41 5.86 0.00 0.00 Other Non Current Assets 0.18 0.28 0.64 0.64 0.56 0.00 0.00 0.00 0.00 0.00 Current Assets 219.36 154.88 135.27 115.75 116.34 113.13 140.39 106.11 92.20 80.35 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 45.71 34.71 32.13 28.21 25.22 22.39 24.47 22.04 23.08 27.80 Sundry Debtors 99.71 73.02 66.46 64.08 52.13 29.73 70.08 30.68 37.97 26.99 Cash & Bank 24.10 14.04 15.52 2.13 2.30 10.56 1.90 20.36 2.39 0.70 Other Current Assets 49.84 9.34 2.81 1.98 36.68 50.45 43.95 33.03 28.77 24.86 Short Term Loans & Adv. 41.24 23.78 18.34 19.35 35.41 48.93 42.41 32.08 28.77 24.86 Net Current Assets 39.17 18.45 21.58 10.30 20.74 13.07 3.28 19.23 10.06 6.76 Total Assets 550.21 432.54 315.93 293.66 297.68 307.18 345.78 267.30 239.77 225.16

Description Mar 18 Mar 17 Mar 07 Mar 06 Mar 05
Shareholder's Funds 240.84 201.47 45.29 39.67 36.81 Share Capital 18.77 18.77 9.38 9.38 9.38 Total Reserves 222.07 182.71 35.91 30.28 27.42 Non-Current Liabilities 294.73 251.63 109.31 97.23 61.47 Secured Loans 284.44 242.80 89.27 80.22 48.02 Unsecured Loans 0.00 0.00 11.02 9.31 8.43 Long Term Provisions 3.34 3.39 0.00 0.00 0.00 Current Liabilities 228.06 238.47 43.16 44.11 32.43 Trade Payables 75.68 57.15 30.12 33.53 23.06 Other Current Liabilities 60.96 92.50 7.94 6.94 4.56 Short Term Borrowings 58.52 74.37 0.00 0.00 0.00 Short Term Provisions 32.90 14.45 5.10 3.64 4.81 Total Liabilities 763.63 691.57 197.76 181.01 130.71 Net Block 423.11 402.74 105.15 104.79 55.44 Gross Block 708.72 652.88 159.45 150.23 91.63 Accumulated Depreciation 285.61 250.14 54.30 45.44 36.18 Non Current Assets 444.51 420.96 111.44 111.45 72.92 Capital Work in Progress 12.91 10.90 6.29 6.66 17.46 Non Current Investment 0.05 0.12 0.00 0.00 0.01 Long Term Loans & Adv. 8.26 6.92 0.00 0.00 0.00 Other Non Current Assets 0.18 0.28 0.00 0.00 0.00 Current Assets 319.11 270.62 86.24 69.48 54.02 Current Investments 0.00 0.00 0.00 0.00 0.00 Inventories 66.96 56.33 32.44 26.44 22.54 Sundry Debtors 153.50 105.85 26.97 17.94 15.23 Cash & Bank 41.12 70.40 4.46 4.79 4.07 Other Current Assets 57.52 10.67 0.00 0.00 12.18 Short Term Loans & Adv. 47.63 27.37 22.38 20.30 12.18 Net Current Assets 91.05 32.14 43.08 25.37 21.59 Total Assets 763.62 691.58 197.76 181.01 130.71

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12 Mar 11 Mar 10 Mar 09
Cash From Operating Activity 45.48 37.23 50.36 39.06 17.73 69.79 33.02 53.35 44.24 41.81 PBT 48.39 32.58 33.60 26.30 22.06 23.64 62.51 52.67 26.99 11.88 Adjustment 26.83 21.93 26.81 28.00 26.88 30.61 26.47 23.58 21.59 21.72 Changes in Working Capital -12.56 -4.33 3.93 -7.08 -22.64 24.50 -35.14 -6.85 3.18 12.58 Cash after chg. in Working capital 62.66 50.18 64.35 47.22 26.30 78.75 53.84 69.41 51.76 46.18 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -17.18 -12.95 -13.99 -8.17 -8.57 -8.96 -20.82 -16.05 -7.52 -4.37 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -88.18 -119.50 -24.91 -32.45 -8.49 -11.58 -63.97 -25.02 -15.26 -4.98 Net Fixed Assets -20.53 -26.11 -21.28 -28.65 -11.65 -12.42 -61.80 -23.18 -15.18 -9.32 Net Investments -52.06 -101.44 -0.07 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Others -15.59 8.05 -3.56 -3.80 3.16 0.84 -2.17 -1.84 -0.08 4.34 Cash from Financing Activity 43.39 74.98 -12.05 -6.78 -16.95 -49.55 12.48 -10.35 -27.30 -37.40 Net Cash Inflow / Outflow 0.69 -7.29 13.39 -0.17 -7.71 8.66 -18.47 17.98 1.68 -0.57 Opening Cash & Equivalents 6.83 14.12 2.13 2.30 10.01 1.90 20.36 2.39 0.70 1.27 Closing Cash & Equivalent 7.52 6.83 15.52 2.13 2.30 10.56 1.90 20.36 2.39 0.70

Description Mar 18 Mar 17 Mar 07 Mar 06 Mar 05
Cash From Operating Activity 15.31 53.97 -2.25 15.45 1.60 PBT 51.52 32.58 11.10 6.91 10.10 Adjustment 54.97 23.74 8.86 9.27 6.67 Changes in Working Capital -69.13 11.46 -18.05 -3.05 -11.56 Cash after chg. in Working capital 37.36 67.79 1.92 13.13 5.22 Interest Paid 0.00 0.00 0.00 0.00 0.00 Tax Paid -22.04 -13.82 -4.16 -1.37 -3.61 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -71.88 -119.48 -8.85 -47.81 -33.75 Net Fixed Assets -20.53 -256.54 -8.85 -47.80 Net Investments -52.06 -101.08 0.02 -0.44 Others 0.71 238.14 -0.02 0.43 Cash from Financing Activity 17.90 25.88 10.77 33.08 29.18 Net Cash Inflow / Outflow -38.66 -39.64 -0.34 0.72 -2.97 Opening Cash & Equivalents 63.20 102.84 4.79 4.07 7.04 Closing Cash & Equivalent 24.53 63.20 4.46 4.79 4.07

Financial Ratios

Standalone /

Consolidated

Right to Left

Description Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12 Mar 11 Mar 10 Mar 09
Book Value (Rs.) 128.11 114.26 88.38 80.72 77.82 72.52 66.97 49.78 35.54 23.84 ROA 6.49% 5.58% 6.94% 6.23% 5.27% 4.97% 13.74% 13.82% 7.68% 3.34% ROE 14.03% 10.98% 13.34% 12.38% 11.29% 12.39% 38.44% 43.76% 32.03% 15.94% ROCE 15.11% 13.03% 17.91% 15.64% 15.06% 15.91% 39.18% 45.83% 31.82% 17.60% Fixed Asset Turnover 1.25 1.21 1.29 1.31 1.17 1.25 1.83 1.85 1.54 1.52 Receivable days 58.55 51.75 48.09 44.80 37.67 44.42 34.49 27.46 34.41 33.72 Inventory Days 27.26 24.79 22.23 20.60 21.91 20.86 15.92 18.05 26.95 32.69 Payable days 37.21 35.78 33.71 36.99 49.98 59.16 48.34 54.83 65.71 57.75 Cash Conversion Cycle 48.59 40.76 36.60 28.42 9.60 6.12 2.07 -9.33 -4.35 8.66 Total Debt/Equity 0.76 0.58 0.25 0.29 0.29 0.35 0.67 0.58 0.73 1.46 Interest Cover 6.34 12.08 14.48 8.13 4.74 4.10 9.43 7.96 4.04 2.19

Description Mar 18 Mar 17 Mar 07 Mar 06 Mar 05 Mar 04
Book Value (Rs.) 128.32 107.35 24.09 21.09 17.60 16.87 ROA 4.71% 4.53% 4.40% 3.55% 7.11% 5.89% ROE 15.48% 16.33% 19.65% 15.24% 24.15% 16.59% ROCE 13.32% 11.01% 16.39% 13.22% 20.77% 20.19% Fixed Asset Turnover 1.12 1.27 1.94 1.86 2.11 1.77 Receivable days 62.30 47.07 27.33 26.87 28.93 34.83 Inventory Days 29.62 31.46 35.83 39.67 32.84 25.73 Payable days 37.39 39.92 48.71 57.54 53.98 63.63 Cash Conversion Cycle 54.54 38.62 14.45 9.00 7.79 -3.07 Total Debt/Equity 1.52 1.58 2.22 2.26 1.71 0.86 Interest Cover 3.19 8.98 2.48 2.78 5.20 3.42

Top Investors:

anuj anantrai sheth

nemish s shah (huf)

mukesh chimanlal patani

shamyak investment private limited

hiten anantrai sheth

prescient wealth management pvt ltd

indianivesh securities limited

Annual Reports:

News Update:

Hi-Tech Gears - Quarterly Results
14th Aug 2019, 18:01 PM

Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

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