Hi-Tech Pipes Financial Statements

Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar Mar-2020 Mar-2018 Mar-2017 Mar-2016
Growth matrix (%)        
Revenue growth 19.10 59.30 26.50 --
Op profit growth (1.50) 50.80 24.90 --
EBIT growth (6.20) 62.60 30.30 --
Net profit growth (3) 102 59.80 --
Profitability ratios (%)        
OPM 4.90 5.92 6.26 6.34
EBIT margin 4.46 5.66 5.54 5.38
Net profit margin 1.69 2.07 1.63 1.29
RoCE 12.30 18 15 --
RoNW 3.55 5.52 3.62 --
RoA 1.16 1.65 1.10 --
Per share ratios ()        
EPS 18.70 20 10.10 6.20
Dividend per share 0.25 0.25 0.25 0.50
Cash EPS 12.60 16.20 3.34 0.68
Book value per share 159 108 74.60 64.40
Valuation ratios        
P/E 3.86 18 12.80 9.88
P/CEPS 5.70 22.20 38.60 89.80
P/B 0.45 3.33 1.73 0.95
EV/EBIDTA 6.15 9.97 7.01 5.84
Payout (%)        
Dividend payout -- 1.23 2.48 9.70
Tax payout (15) (30) (30) (36)
Liquidity ratios        
Debtor days 36.40 35.90 46.80 --
Inventory days 50.30 50.10 64.70 --
Creditor days (16) (20) (30) --
Leverage ratios        
Interest coverage (1.80) (2.10) (1.70) (1.60)
Net debt / equity 1.69 2.13 2.12 1.95
Net debt / op. profit 4.95 4.02 4.09 4.05
Cost breakup ()        
Material costs (91) (90) (88) (87)
Employee costs (1.50) (1.20) (1.70) (1.70)
Other costs (3.10) (3) (3.80) (5.10)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2020 Mar-2018 Mar-2017 Mar-2016
Revenue 1,210 1,016 637 504
yoy growth (%) 19.10 59.30 26.50 --
Raw materials (1,095) (913) (563) (438)
As % of sales 90.60 89.90 88.30 86.90
Employee costs (18) (12) (11) (8.50)
As % of sales 1.47 1.19 1.66 1.69
Other costs (37) (30) (24) (26)
As % of sales 3.07 2.96 3.81 5.12
Operating profit 59.20 60.10 39.90 31.90
OPM 4.90 5.92 6.26 6.34
Depreciation (6.60) (4) (6.90) (5.80)
Interest expense (30) (27) (20) (17)
Other income 1.25 1.31 2.39 0.97
Profit before tax 23.90 30 14.90 10.10
Taxes (3.50) (9) (4.50) (3.60)
Tax rate (15) (30) (30) (36)
Minorities and other -- -- -- --
Adj. profit 20.40 21 10.40 6.50
Exceptional items -- -- -- --
Net profit 20.40 21 10.40 6.50
yoy growth (%) (3) 102 59.80 --
NPM 1.69 2.07 1.63 1.29
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2020 Mar-2018 Mar-2017 Mar-2016
Profit before tax 23.90 30 14.90 10.10
Depreciation (6.60) (4) (6.90) (5.80)
Tax paid (3.50) (9) (4.50) (3.60)
Working capital 136 57.40 (57) --
Other operating items -- -- -- --
Operating cashflow 149 74.40 (54) --
Capital expenditure 102 46.80 (47) --
Free cash flow 252 121 (101) --
Equity raised 199 149 159 --
Investments -- -- -- --
Debt financing/disposal 197 124 (10) --
Dividends paid -- 0.26 0.26 0.52
Other items -- -- -- --
Net in cash 648 395 48.90 --
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar ( In .Cr) Mar-2020 Mar-2019 Mar-2018 Mar-2017
Equity capital 10.90 16.70 18.50 10.30
Preference capital -- -- -- --
Reserves 163 130 95.10 66.60
Net worth 174 147 114 76.90
Minority interest
Debt 312 272 255 180
Deferred tax liabilities (net) 14.80 14.70 8.80 4.06
Total liabilities 500 434 377 260
Fixed assets 202 173 141 88.90
Intangible assets
Investments -- -- -- --
Deferred tax asset (net) 2.86 3.32 2.37 0.30
Net working capital 276 241 221 155
Inventories 179 151 154 124
Inventory Days 53.90 -- 55.50 71.20
Sundry debtors 137 137 104 95.90
Debtor days 41.40 -- 37.30 54.90
Other current assets 30.50 27.60 36.10 34
Sundry creditors (56) (59) (45) (58)
Creditor days 16.90 -- 16.30 32.90
Other current liabilities (14) (16) (28) (42)
Cash 18.80 16 12.80 16.40
Total assets 500 434 377 260
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Dec-2020 Sep-2020 Jun-2020 Mar-2020 Dec-2019
Gross Sales 416 382 152 300 311
Excise Duty -- -- -- -- --
Net Sales 416 382 152 300 311
Other Operating Income -- -- -- -- --
Other Income 0.30 0.05 0.02 0.93 --
Total Income 416 382 152 301 311
Total Expenditure ** 392 362 143 285 296
PBIDT 23.50 19.20 9.16 15.40 15.20
Interest 8.79 8.15 6.53 8.60 7.42
PBDT 14.70 11 2.62 6.81 7.76
Depreciation 2.07 1.96 1.96 2.04 1.51
Minority Interest Before NP -- -- -- -- --
Tax 1.39 1.44 0.09 (0.10) 0.97
Deferred Tax 2.01 1.14 0.05 0.69 0.58
Reported Profit After Tax 9.26 6.50 0.52 4.20 4.69
Minority Interest After NP -- -- -- -- --
Net Profit after Minority Interest 9.26 6.50 0.52 4.20 4.69
Extra-ordinary Items -- -- -- -- --
Adjusted Profit After Extra-ordinary item 9.26 6.50 0.52 4.20 4.69
EPS (Unit Curr.) 8.48 5.95 -- 3.85 4.30
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) -- -- -- -- --
Equity 10.90 10.90 10.90 10.90 10.90
Public Shareholding (Number) -- -- -- -- --
Public Shareholding (%) -- -- -- -- --
Pledged/Encumbered - No. of Shares -- -- -- -- --
Pledged/Encumbered - % in Total Promoters Holding -- -- -- -- --
Pledged/Encumbered - % in Total Equity -- -- -- -- --
Non Encumbered - No. of Shares -- -- -- -- --
Non Encumbered - % in Total Promoters Holding -- -- -- -- --
Non Encumbered - % in Total Equity -- -- -- -- --
PBIDTM(%) 5.66 5.03 6.03 5.14 4.88
PBDTM(%) 3.54 2.89 1.73 2.27 2.50
PATM(%) 2.23 1.70 0.34 1.40 1.51
Open ZERO Brokerage Demat Account