Hi Tech Financials
| HITECH Stock | 168.04 2.74 1.66% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Operating Income | 2.1 B | 2 B |
|
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HITECH | Select Account or Indicator |
Understanding current and past Hi Tech Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Hi Tech's financial statements are interrelated, with each one affecting the others. For example, an increase in Hi Tech's assets may result in an increase in income on the income statement.
Please note, the presentation of Hi Tech's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Hi Tech's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Hi Tech's management manipulating its earnings.
Hi Tech Stock Summary
Hi Tech competes with NMDC, Embassy Office, Gujarat Narmada, Gujarat Alkalies, and JTL Industries. Hi Tech is entity of India. It is traded as Stock on NSE exchange.Specialization | Basic Materials, Materials |
| Instrument | India Stock View All |
| Exchange | National Stock Exchange of India |
| ISIN | INE106T01025 |
| Business Address | GF 10, 505, |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.hitechpipes.in |
| Phone | 91 11 4844 0050 |
You should never invest in Hi Tech without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of HITECH Stock, because this is throwing your money away. Analyzing the key information contained in Hi Tech's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Hi Tech Key Financial Ratios
Hi Tech's financial ratios allow both analysts and investors to convert raw data from Hi Tech's financial statements into concise, actionable information that can be used to evaluate the performance of Hi Tech over time and compare it to other companies across industries.| Revenue | 26.99 B | ||||
| Gross Profit | 2.14 B | ||||
| EBITDA | 1.16 B | ||||
| Net Income | 439.31 M | ||||
| Total Asset | 11.79 B |
Hi Tech Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 5.7B | 6.0B | 7.7B | 9.2B | 11.8B | 12.4B | |
| Other Current Liab | 2.5M | 76.8M | 74.3M | 158.7M | 42.4M | 40.3M | |
| Net Debt | 3.1B | 3.2B | 3.9B | 2.3B | 4.0B | 2.5B | |
| Retained Earnings | 862.0M | 1.1B | 1.5B | 1.9B | 2.3B | 2.4B | |
| Accounts Payable | 560.6M | 492.3M | 796.6M | 1.7B | 1.6B | 1.7B | |
| Cash | 7.3M | 6.3M | 9.0M | 18.9M | 23.3M | 38.4M | |
| Net Receivables | 1.8B | 1.2B | 1.7B | 1.9B | 2.8B | 1.5B | |
| Inventory | 1.8B | 1.9B | 2.6B | 3.1B | 3.5B | 1.8B | |
| Total Liab | 3.9B | 3.9B | 5.1B | 5.0B | 6.0B | 3.8B | |
| Total Current Assets | 3.6B | 3.6B | 4.9B | 5.5B | 7.2B | 3.7B | |
| Short Term Debt | 2.2B | 2.0B | 2.4B | 1.8B | 2.9B | 1.8B | |
| Common Stock | 109.3M | 112.1M | 122.7M | 127.8M | 149.9M | 102.1M | |
| Other Liab | 136.8M | 168.9M | 203.6M | 254.9M | 293.1M | 164.8M | |
| Net Tangible Assets | 1.7B | 2.1B | 2.6B | 4.2B | 4.8B | 5.0B | |
| Other Assets | 66.0M | (1K) | 110.1M | 2.7M | 3.1M | 2.9M | |
| Long Term Debt | 936.1M | 631.0M | 378.3M | 940.3M | 1.1B | 763.3M | |
| Short Long Term Debt | 2.2B | 1.8B | 2.2B | 1.4B | 2.6B | 1.7B | |
| Intangible Assets | 475K | 125K | 200K | 5.7M | 5.3M | 5.6M | |
| Long Term Debt Total | 974.3M | 659.4M | 393.8M | 155.4M | 139.9M | 132.9M | |
| Net Invested Capital | 4.9B | 5.0B | 6.2B | 6.5B | 9.4B | 6.3B | |
| Net Working Capital | 672.3M | 964.6M | 1.5B | 1.7B | 2.5B | 1.3B | |
| Capital Stock | 109.3M | 112.1M | 122.7M | 127.8M | 149.9M | 133.6M |
Hi Tech Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Revenue | 12.1B | 13.4B | 18.8B | 23.9B | 27.0B | 28.3B | |
| Gross Profit | 1.1B | 1.3B | 1.8B | 2.1B | 1.5B | 1.2B | |
| Operating Income | 509.7M | 624.8M | 908.6M | 917M | 2.0B | 2.1B | |
| Ebit | 509.8M | 632.8M | 917.9M | 851.8M | 1.0B | 572.2M | |
| Ebitda | 575.5M | 716.0M | 1.0B | 989.6M | 1.2B | 651.5M | |
| Cost Of Revenue | 11.0B | 12.1B | 17.0B | 21.7B | 25.5B | 26.8B | |
| Income Before Tax | 238.7M | 309.9M | 553.2M | 498.8M | 586.9M | 301.9M | |
| Net Income | 203.9M | 228.0M | 403.3M | 376.8M | 439.3M | 220.0M | |
| Income Tax Expense | 34.8M | 81.9M | 150.0M | 122.0M | 147.6M | 82.0M | |
| Interest Expense | 273.0M | 282.5M | 328.2M | 353.0M | 418.6M | 291.7M | |
| Tax Provision | 12.3M | 53.8M | 129.9M | 122.0M | 147.6M | 86.0M | |
| Interest Income | 137.2M | 116.1M | 161.3M | 54.3M | 62.5M | 97.9M | |
| Net Interest Income | (291.7M) | (322.9M) | (364.7M) | (353.0M) | (418.6M) | (439.5M) |
Hi Tech Key Cash Accounts
Cash flow analysis captures how much money flows into and out of Hi Tech Pipes. It measures of how well HITECH is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Hi Tech brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money HITECH had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Hi Tech has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (275.4M) | (97.0M) | (709.4M) | (473.6M) | (399.0M) | (379.0M) | |
| Change In Cash | (1.1M) | (910K) | 2.7M | 9.9M | 48.3M | 50.7M | |
| Free Cash Flow | (111.9M) | 232.1M | (477.4M) | 644.0M | (2.0B) | (1.9B) | |
| Depreciation | 65.7M | 83.2M | 96.6M | 137.7M | 154.9M | 79.3M | |
| Other Non Cash Items | 225.0M | 267.1M | 313.6M | 189.1M | 274.3M | 218.8M | |
| Capital Expenditures | 361.4M | 409.1M | 466.7M | 693.4M | 1.1B | 1.1B | |
| Net Income | 238.7M | 309.9M | 553.2M | 564.0M | 439.3M | 292.1M | |
| End Period Cash Flow | 7.3M | 6.3M | 9.0M | 18.9M | 259.9M | 272.9M | |
| Net Borrowings | 387.3M | (33.7M) | 699.8M | (1.2B) | (1.1B) | (1.0B) | |
| Dividends Paid | 3.2M | 3.2M | 2.7M | 6.1M | 3.3M | 3.5M | |
| Change To Netincome | 259.8M | 348.9M | (44.9B) | 311.1M | 280.0M | 294.0M | |
| Investments | (1.3M) | (4.8M) | 4.6M | (1.0B) | (1.2B) | (1.1B) |
HITECH Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Hi Tech's current stock value. Our valuation model uses many indicators to compare Hi Tech value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hi Tech competition to find correlations between indicators driving Hi Tech's intrinsic value. More Info.Hi Tech Pipes Limited is rated # 4 in return on equity category among its peers. It is rated # 3 in return on asset category among its peers reporting about 0.67 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Hi Tech Pipes Limited is roughly 1.50 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Hi Tech by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hi Tech's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Hi Tech Pipes Systematic Risk
Hi Tech's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hi Tech volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Hi Tech Pipes correlated with the market. If Beta is less than 0 Hi Tech generally moves in the opposite direction as compared to the market. If Hi Tech Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hi Tech Pipes is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hi Tech is generally in the same direction as the market. If Beta > 1 Hi Tech moves generally in the same direction as, but more than the movement of the benchmark.
Hi Tech Pipes Limited Total Assets Over Time
Hi Tech Thematic Clasifications
Hi Tech Pipes Limited is part of several thematic ideas from ISP to IT. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasHi Tech November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Hi Tech help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Hi Tech Pipes Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hi Tech Pipes Limited based on widely used predictive technical indicators. In general, we focus on analyzing HITECH Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hi Tech's daily price indicators and compare them against related drivers.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 11.35 | |||
| Value At Risk | (3.61) | |||
| Potential Upside | 4.0 |
Complementary Tools for HITECH Stock analysis
When running Hi Tech's price analysis, check to measure Hi Tech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hi Tech is operating at the current time. Most of Hi Tech's value examination focuses on studying past and present price action to predict the probability of Hi Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hi Tech's price. Additionally, you may evaluate how the addition of Hi Tech to your portfolios can decrease your overall portfolio volatility.
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