Balance Sheet

HITECH CORPORATION LTD.

NSE : HITECHCORPBSE : 526217ISIN CODE : INE120D01012Industry : Plastic ProductsHouse : Ashwin Dani Group
BSE241.8012.4 (+5.41 %)
PREV CLOSE ( ) 229.40
OPEN PRICE ( ) 231.05
BID PRICE (QTY) 0.00 (0)
OFFER PRICE (QTY) 0.00 (0)
VOLUME 25123
TODAY'S LOW / HIGH ( )229.00 242.50
52 WK LOW / HIGH ( )171 308.85
NSE241.8013.55 (+5.94 %)
PREV CLOSE( ) 228.25
OPEN PRICE ( ) 231.60
BID PRICE (QTY) 0.00 (0)
OFFER PRICE (QTY) 241.80 (122)
VOLUME 129730
TODAY'S LOW / HIGH( ) 229.00 242.75
52 WK LOW / HIGH ( )172.6 309
Select year
( in Million)
ParticularsMar2014Mar2013Mar2012Mar2011Mar2010
EQUITY AND LIABILITIES
Share Capital131.76131.76131.76131.76131.76
    Equity - Authorised200.00200.00200.00200.00200.00
    Equity - Issued131.76131.76131.76131.76131.76
    Equity Paid Up131.76131.76131.76131.76131.76
    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 & Outstandings0.000.000.000.000.00
Total Reserves863.97814.33748.62664.94544.09
    Securities Premium73.7273.7273.7273.7273.72
    Capital Reserves43.2643.2643.2643.2643.26
    Profit & Loss Account Balance653.93604.29543.85470.21360.05
    General Reserves46.9446.9441.6827.3418.45
    Other Reserves46.1246.1246.1250.4248.62
Reserve excluding Revaluation Reserve863.97814.33748.62664.94544.09
Revaluation reserve0.000.000.000.000.00
Shareholder's Funds995.72946.09880.38796.70675.85
Minority Interest309.25291.86278.42279.53221.42
Long-Term Borrowings0.000.000.000.000.00
Secured Loans182.62331.95293.38164.43592.81
    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 - Banks182.62331.95293.38164.43263.40
    Term Loans - Institutions0.000.000.000.000.00
    Other Secured0.000.000.000.00329.41
Unsecured Loans109.3374.7858.2851.15104.22
    Fixed Deposits - Public109.3374.7858.2851.15102.22
    Loans and advances from subsidiaries0.000.000.000.000.00
    Inter Corporate Deposits (Unsecured)0.000.000.000.002.00
    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 - Others0.000.000.000.000.00
    Other Unsecured Loan0.000.000.000.000.00
Deferred Tax Assets / Liabilities52.7756.8751.9356.1149.23
    Deferred Tax Assets7.5715.3919.246.915.27
    Deferred Tax Liability60.3572.2671.1763.0254.50
Other Long Term Liabilities0.000.000.000.000.00
Long Term Trade Payables0.000.000.000.000.00
Long Term Provisions4.947.977.816.900.00
Total Non-Current Liabilities349.66471.57411.40278.59746.27
Current Liabilities
Trade Payables203.65165.33143.05174.26133.28
    Sundry Creditors203.65165.33143.05174.26133.28
    Acceptances0.000.000.000.000.00
    Due to Subsidiaries- Trade Payables0.000.000.000.000.00
Other Current Liabilities301.45248.57219.30260.1582.85
    Bank Overdraft / Short term credit0.000.000.000.000.00
    Advances received from customers9.265.045.6829.810.00
    Interest Accrued But Not Due14.449.367.675.350.00
    Share Application Money0.000.000.000.000.00
    Current maturity of Debentures & Bonds0.000.0060.32145.010.00
    Current maturity - Others0.000.000.000.000.00
    Other Liabilities277.75234.17145.6379.9982.85
Short Term Borrowings482.71478.99683.52602.270.00
    Secured ST Loans repayable on Demands317.71353.99583.52602.270.00
    Working Capital Loans- Sec287.87330.74564.37393.020.00
    Buyers Credits - Unsec0.000.000.000.000.00
    Commercial Borrowings- Unsec0.000.000.000.000.00
    Other Unsecured Loans-122.87-205.74-464.37-393.020.00
Short Term Provisions27.4635.9435.9426.26207.97
    Proposed Equity Dividend11.8621.0821.0821.0819.76
    Provision for Corporate Dividend Tax2.023.583.423.423.28
    Provision for Tax0.000.000.000.00177.72
    Provision for post retirement benefits0.000.000.000.000.00
    Preference Dividend0.000.000.000.000.00
    Other Provisions13.5811.2811.441.767.20
Total Current Liabilities1015.26928.841081.801062.94424.10
Total Liabilities2669.892638.352651.992417.761594.30
ASSETS
Gross Block2581.112537.452169.771870.161419.29
Less: Accumulated Depreciation1227.201065.37895.51744.26631.35
Less: Impairment of Assets0.000.000.000.000.00
Net Block1353.911472.081274.271125.91787.94
Lease Adjustment A/c0.000.000.000.000.00
Capital Work in Progress13.928.5756.7569.97187.62
Non Current Investments0.000.001.101.101.10
Long Term Investment0.000.001.101.101.10
    Quoted0.000.000.000.000.00
    Unquoted1.101.101.101.101.10
Long Term Loans & Advances57.1653.51109.4956.460.00
Other Non Current Assets0.500.000.000.000.00
Total Non-Current Assets1425.491534.161441.611253.43976.66
Current Assets Loans & Advances
Currents Investments0.000.000.000.000.00
    Quoted0.000.000.000.000.00
    Unquoted0.000.000.000.000.00
Inventories337.29270.37381.92424.03273.06
    Raw Materials183.90133.68184.54230.41150.54
    Work-in Progress89.5575.79106.1481.1255.54
    Finished Goods55.5650.9679.4899.2956.33
    Packing Materials7.427.9310.1612.5210.18
    Stores  and Spare0.862.011.610.690.35
    Other Inventory0.000.000.000.000.12
Sundry Debtors729.85614.53623.71577.97461.14
    Debtors more than Six months89.7937.5935.81137.9230.69
    Debtors Others683.46600.28595.27446.41435.23
Cash and Bank31.7963.7185.8856.9160.42
    Cash in hand1.350.620.870.670.62
    Balances at Bank20.5863.1085.0156.2459.80
    Other cash and bank balances9.860.000.000.000.00
Other Current Assets91.6888.9967.6416.870.00
    Interest accrued on Investments1.341.142.540.000.00
    Interest accrued on Debentures0.000.000.000.000.00
    Deposits with Government0.000.000.000.000.00
    Interest accrued and or due on loans0.000.000.002.250.00
    Prepaid Expenses3.724.603.625.530.00
    Other current_assets86.6283.2561.489.090.00
Short Term Loans and Advances53.7966.5951.2388.56296.36
    Advances recoverable in cash or in kind15.1111.5010.4613.7747.53
    Advance income tax and TDS30.4054.5039.9729.91196.74
    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 & Advances8.280.590.8144.8852.09
Total Current Assets1244.401104.191210.381164.331090.98
Net Current Assets (Including Current Investments)229.14175.36128.59101.39666.88
Miscellaneous Expenses not written off0.000.000.000.000.00
Total Assets2669.892638.352651.992417.761594.30
Contingent Liabilities645.52603.76881.11884.32284.41
Total Debt972.711047.091095.49962.86697.04
Book Value75.5771.8166.8260.4751.29
Adjusted Book Value75.5771.8166.8260.4751.29

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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.