Profit & Loss

THE HI-TECH GEARS LTD.

NSE : HITECHGEARBSE : 522073ISIN CODE : INE127B01011Industry : Auto AncillaryHouse : Private
BSE1135.55-24.45 (-2.11 %)
PREV CLOSE ( ) 1160.00
OPEN PRICE ( ) 1190.00
BID PRICE (QTY) 0.00 (0)
OFFER PRICE (QTY) 0.00 (0)
VOLUME 7217
TODAY'S LOW / HIGH ( )1125.50 1190.00
52 WK LOW / HIGH ( )242.95 1275.75
NSE1124.45-33.2 (-2.87 %)
PREV CLOSE( ) 1157.65
OPEN PRICE ( ) 1180.00
BID PRICE (QTY) 1124.45 (20)
OFFER PRICE (QTY) 0.00 (0)
VOLUME 29969
TODAY'S LOW / HIGH( ) 1111.00 1199.40
52 WK LOW / HIGH ( )241.05 1280.45
Select year
( in Million)
Particulars
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
INCOME :
  
  
  
  
  
Gross Sales
11694.64
9715.21
7464.95
7233.53
9152.11
     Sales
11092.94
9249.15
7272.74
7061.63
8897.50
     Job Work/ Contract Receipts
312.59
207.91
12.31
5.71
8.12
     Processing Charges / Service Income
0.05
1.16
3.32
5.76
     Revenue from property development
     Other Operational Income
289.06
256.99
179.90
162.87
240.73
Less: Excise Duty
Net Sales
11692.23
9706.35
7455.42
7220.18
9137.22
EXPENDITURE :
Increase/Decrease in Stock
74.69
-281.63
22.05
45.02
-165.71
Raw Material Consumed
5917.85
5101.07
3649.57
3326.75
4658.32
     Opening Raw Materials
162.25
212.65
154.08
325.87
154.41
     Purchases Raw Materials
5850.16
4828.93
3520.83
2902.51
4506.06
     Closing Raw Materials
263.49
162.25
212.65
154.08
325.87
     Other Direct Purchases / Brought in cost
168.93
221.74
187.31
252.45
323.72
     Other raw material cost
0.00
0.00
0.00
0.00
0.00
Power & Fuel Cost
399.64
347.03
325.12
347.65
409.81
     Electricity & Power
399.64
347.03
325.12
347.65
409.81
     Oil, Fuel & Natural gas
0.00
0.00
0.00
0.00
0.00
     Coals etc
0.00
0.00
0.00
0.00
0.00
     Other power & fuel
0.00
0.00
0.00
0.00
0.00
Employee Cost
2184.12
2150.60
1599.33
1769.74
1921.71
     Salaries, Wages & Bonus
2082.97
2058.30
1519.37
1679.81
1818.27
     Contributions to EPF & Pension Funds
36.76
35.27
30.80
34.32
33.64
     Workmen and Staff Welfare Expenses
49.21
46.40
37.54
43.70
57.62
     Other Employees Cost
15.18
10.63
11.62
11.91
12.18
Other Manufacturing Expenses
1000.24
982.69
614.66
520.15
694.92
     Sub-contracted / Out sourced services
     Processing Charges
     Repairs and Maintenance
97.77
95.11
61.68
45.77
74.50
     Packing Material Consumed
     Other Mfg Exp
902.47
887.58
552.98
474.38
620.42
General and Administration Expenses
217.23
190.67
81.26
119.12
155.72
     Rent , Rates & Taxes
22.61
19.06
23.42
22.12
44.94
     Insurance
73.51
60.10
43.88
39.66
36.19
     Printing and stationery
     Professional and legal fees
115.64
106.54
9.97
54.53
72.25
     Traveling and conveyance
     Other Administration
5.47
4.97
3.99
2.81
2.34
Selling and Distribution Expenses
207.44
209.71
106.64
68.37
87.31
     Advertisement & Sales Promotion
     Sales Commissions & Incentives
     Freight and Forwarding
207.44
209.71
106.64
68.37
87.31
     Handling and Clearing Charges
0.00
0.00
0.00
0.00
0.00
     Other Selling Expenses
0.00
0.00
0.00
0.00
0.00
Miscellaneous Expenses
277.75
188.51
158.00
186.69
242.74
     Bad debts /advances written off
     Provision for doubtful debts
12.38
2.78
12.65
6.72
     Losson disposal of fixed assets(net)
     Losson foreign exchange fluctuations
14.85
     Losson sale of non-trade current investments
     Other Miscellaneous Expenses
265.37
185.73
145.35
186.69
221.17
Less: Expenses Capitalised
Total Expenditure
10278.96
8888.65
6556.63
6383.49
8004.82
Operating Profit (Excl OI)
1413.27
817.70
898.79
836.69
1132.40
Other Income
79.32
78.74
104.91
114.76
169.59
     Interest Received
27.14
18.79
33.42
29.80
36.27
     Dividend Received
0.03
0.01
     Profit on sale of Fixed Assets
15.14
8.60
0.13
0.57
91.42
     Profits on sale of Investments
     Provision Written Back
0.54
5.86
0.47
16.71
21.87
     Foreign Exchange Gains
33.03
42.23
27.84
18.16
     Others
3.44
3.25
43.05
49.52
20.03
Operating Profit
1492.59
896.44
1003.70
951.45
1301.99
Interest
331.66
264.47
232.80
331.29
294.81
     InterestonDebenture / Bonds
     Interest on Term Loan
265.14
205.52
170.72
278.63
244.80
     Intereston Fixed deposits
     Bank Charges etc
12.67
7.56
42.90
21.08
11.65
     Other Interest
53.85
51.39
19.18
31.58
38.36
PBDT
1160.93
631.97
770.90
620.16
1007.18
Depreciation
821.51
522.87
430.77
430.34
421.91
Profit Before Taxation & Exceptional Items
339.42
109.10
340.13
189.82
585.27
Exceptional Income / Expenses
Profit Before Tax
339.42
109.10
340.13
189.82
585.27
Provision for Tax
108.28
120.12
52.26
107.06
229.49
     Current Income Tax
187.37
138.03
135.96
65.44
176.56
     Deferred Tax
-90.60
-26.81
-95.81
44.37
52.93
     Other taxes
11.51
8.90
12.11
-2.75
0.00
Profit After Tax
231.14
-11.02
287.87
82.76
355.78
Extra items
0.00
0.00
0.00
0.00
0.00
Minority Interest
Share of Associate
Other Consolidated Items
Consolidated Net Profit
231.14
-11.02
287.87
82.76
355.78
Adjustments to PAT
Profit Balance B/F
2467.67
2506.76
2212.37
2202.22
1924.00
Appropriations
2698.81
2495.74
2500.24
2284.98
2279.78
     General Reserves
     Proposed Equity Dividend
     Corporate dividend tax
5.79
5.79
     Other Appropriation
18.53
28.07
-6.52
38.67
43.62
Equity Dividend %
25.00
15.00
20.00
15.00
35.00
Earnings Per Share
12.32
-0.59
15.34
4.41
18.96
Adjusted EPS
12.32
-0.59
15.34
4.41
18.96

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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.