Balance Sheet

THE HI-TECH GEARS LTD.

NSE : HITECHGEARBSE : 522073ISIN CODE : INE127B01011Industry : Auto AncillaryHouse : Private
BSE1155.0092.25 (+8.68 %)
PREV CLOSE ( ) 1062.75
OPEN PRICE ( ) 1086.05
BID PRICE (QTY) 1158.85 (1)
OFFER PRICE (QTY) 1164.90 (24)
VOLUME 66838
TODAY'S LOW / HIGH ( )1031.00 1169.00
52 WK LOW / HIGH ( )242.95 1062.75
NSE1159.85100.75 (+9.51 %)
PREV CLOSE( ) 1059.10
OPEN PRICE ( ) 1085.00
BID PRICE (QTY) 1157.00 (75)
OFFER PRICE (QTY) 1159.70 (64)
VOLUME 335243
TODAY'S LOW / HIGH( ) 1030.20 1165.00
52 WK LOW / HIGH ( )241.05 1059.1
Select year
( in Million)
ParticularsMar2023Mar2022Mar2021Mar2020Mar2019
EQUITY AND LIABILITIES
Share Capital187.68187.68187.68187.68187.68
    Equity - Authorised200.00200.00200.00200.00200.00
    Equity - Issued187.68187.68187.68187.68187.68
    Equity Paid Up187.68187.68187.68187.68187.68
    Equity Shares Forfeited0.000.000.000.000.00
    Adjustments to Equity0.000.000.000.000.00
    Preference Capital Paid Up0.000.000.000.000.00
    Face Value10.0010.0010.0010.0010.00
Share Warrants & Outstandings4.340.000.000.000.00
Total Reserves3352.243119.753019.682574.602529.70
    Securities Premium0.000.000.000.000.00
    Capital Reserves0.000.000.000.000.00
    Profit & Loss Account Balance2680.282467.672506.762212.372202.22
    General Reserves308.08308.08308.08308.08308.08
    Other Reserves363.88344.00204.8454.1519.40
Reserve excluding Revaluation Reserve3352.243119.753019.682574.602529.70
Revaluation reserve0.000.000.000.000.00
Shareholder's Funds3544.263307.433207.362762.282717.38
Minority Interest0.000.000.000.000.00
Long-Term Borrowings0.000.000.000.000.00
Secured Loans2401.353213.323241.682929.173093.81
    Non Convertible Debentures0.000.000.000.000.00
    Converible Debentures & Bonds0.000.000.000.000.00
    Packing Credit - Bank0.000.000.000.000.00
    Inter Corporate & Security Deposit0.000.000.000.000.00
    Term Loans - Banks1980.692293.72836.24659.45577.61
    Term Loans - Institutions0.000.000.000.000.00
    Other Secured420.66919.602405.442269.722516.20
Unsecured Loans0.000.0072.4173.880.00
    Fixed Deposits - Public0.000.000.000.000.00
    Loans and advances from subsidiaries0.000.000.000.000.00
    Inter Corporate Deposits (Unsecured)0.000.000.000.000.00
    Foreign Currency Convertible Notes0.000.000.000.000.00
    Long Term Loan in Foreign Currency0.000.000.000.000.00
    Loans - Banks0.000.000.000.000.00
    Loans - Govt.0.000.000.000.000.00
    Loans - Others0.000.0072.4173.880.00
    Other Unsecured Loan0.000.000.000.000.00
Deferred Tax Assets / Liabilities-57.5636.3741.49120.1491.80
    Deferred Tax Assets83.1353.5169.6486.3262.79
    Deferred Tax Liability25.5789.88111.13206.46154.59
Other Long Term Liabilities10.2412.5915.0917.5123.13
Long Term Trade Payables0.000.000.000.000.00
Long Term Provisions38.1034.3235.3239.1246.32
Total Non-Current Liabilities2392.133296.603405.993179.823255.06
Current Liabilities
Trade Payables1205.721433.161124.90938.21970.63
    Sundry Creditors1205.721433.161124.90938.21970.63
    Acceptances0.000.000.000.000.00
    Due to Subsidiaries- Trade Payables0.000.000.000.000.00
Other Current Liabilities1285.531030.641004.40972.42767.31
    Bank Overdraft / Short term credit0.000.000.000.000.00
    Advances received from customers55.3038.1347.8552.9450.25
    Interest Accrued But Not Due8.3211.9614.9715.6019.13
    Share Application Money0.000.000.000.000.00
    Current maturity of Debentures & Bonds0.000.000.000.000.00
    Current maturity - Others35.2944.5744.7620.922.75
    Other Liabilities1186.62935.98896.82882.96695.18
Short Term Borrowings1320.26912.02406.792.03927.44
    Secured ST Loans repayable on Demands1020.56912.02406.792.03927.44
    Working Capital Loans- Sec1020.56912.02406.792.03927.44
    Buyers Credits - Unsec0.000.000.000.000.00
    Commercial Borrowings- Unsec0.000.000.000.000.00
    Other Unsecured Loans-720.86-912.02-406.79-2.03-927.44
Short Term Provisions23.7542.8072.86261.13202.67
    Proposed Equity Dividend0.000.000.000.000.00
    Provision for Corporate Dividend Tax0.000.000.000.000.00
    Provision for Tax0.000.000.00223.80166.88
    Provision for post retirement benefits0.000.000.000.000.00
    Preference Dividend0.000.000.000.000.00
    Other Provisions23.7542.8072.8637.3335.79
Total Current Liabilities3835.263418.622608.952173.792868.05
Total Liabilities9771.6510022.659222.308115.898840.49
ASSETS
Gross Block10972.6010710.869583.538881.798422.97
Less: Accumulated Depreciation6015.675431.234900.074423.343981.73
Less: Impairment of Assets0.000.000.000.000.00
Net Block4956.935279.634683.464458.454441.24
Lease Adjustment A/c0.000.000.000.000.00
Capital Work in Progress131.61382.02710.85339.05194.23
Non Current Investments122.06122.0095.0182.4535.68
Long Term Investment122.06122.0095.0182.4535.68
    Quoted1.101.040.770.410.67
    Unquoted120.96120.9694.2482.0435.01
Long Term Loans & Advances87.25133.16198.23208.68357.18
Other Non Current Assets9.466.867.098.437.50
Total Non-Current Assets5307.315923.675694.645097.065035.83
Current Assets Loans & Advances
Currents Investments0.000.000.000.000.00
    Quoted0.000.000.000.000.00
    Unquoted0.000.000.000.000.00
Inventories1234.861161.24911.17851.381070.25
    Raw Materials263.49162.25212.65154.08325.87
    Work-in Progress329.02330.40259.42279.59367.79
    Finished Goods277.12348.17137.53139.4096.22
    Packing Materials0.000.000.000.000.00
    Stores  and Spare362.31315.67292.50267.24279.83
    Other Inventory2.924.759.0711.070.54
Sundry Debtors2086.431738.891487.19912.101692.91
    Debtors more than Six months63.9259.5910.360.000.00
    Debtors Others2056.841701.251496.00918.621708.71
Cash and Bank798.47867.07770.96696.68593.66
    Cash in hand0.290.350.250.340.56
    Balances at Bank798.18866.72770.71696.34593.10
    Other cash and bank balances0.000.000.000.000.00
Other Current Assets142.81125.42173.64155.59100.67
    Interest accrued on Investments0.000.000.000.000.00
    Interest accrued on Debentures0.000.000.000.000.00
    Deposits with Government0.000.000.000.000.00
    Interest accrued and or due on loans0.000.000.000.000.00
    Prepaid Expenses56.4238.4944.1592.2634.37
    Other current_assets86.3986.93129.4963.3366.30
Short Term Loans and Advances201.77206.36184.70403.08347.17
    Advances recoverable in cash or in kind53.2550.0444.0351.7947.68
    Advance income tax and TDS27.7118.7223.27263.01189.85
    Amounts due from directors0.000.000.000.000.00
    Due From Subsidiaries0.000.000.000.000.00
    Inter corporate deposits0.000.000.000.000.00
    Corporate Deposits0.000.000.000.000.00
    Other Loans & Advances120.81137.60117.4088.28109.64
Total Current Assets4464.344098.983527.663018.833804.66
Net Current Assets (Including Current Investments)629.08680.36918.71845.04936.61
Miscellaneous Expenses not written off0.000.000.000.000.00
Total Assets9771.6510022.659222.308115.898840.49
Contingent Liabilities33.8229.3249.4750.7314.93
Total Debt4572.694705.594271.403522.874401.34
Book Value188.61176.23170.90147.18144.79
Adjusted Book Value188.61176.23170.90147.18144.79

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RISK DISCLOSURES ON DERIVATIVES

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Source:

1. SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.