About HICKS THERMOMETERS (INDIA) LIMITED Unlisted Shares
Established on 02 June 1961 Hicks Thermometers India Limited is registered at the Registrar of Companies, Kanpur. The authorized share capital of the company is Rs. 50,00,000 and its paid-up capital is Rs. 32,55,000. Hicks Thermometers India Ltd. manufactures and distributes a wide range of medical and healthcare products. The product line includes automatic blood pressure monitors, automatic digital blood pressure monitors, automatic blood pressure monitors, automatic digital blood pressure monitors, thermometers, medical digital thermometers, diagnostic tools & equipment, disposable medical products, and many other health care products. HICKS works with a wide range of pharmaceutical products in addition to healthcare products.
list of the major products of Hicks Thermometers India Ltd. -
Thermometers: Glass Thermometer, Digital Thermometer
Digital B.P. Monitor,
Nebulizer,
Pulse Oximeter,
Home care range:- Hot Water Bottle, Electric Heating Belt, Hot & Cold Pad, etc.
Diagnostics Products: Pregnancy Test Kit, Malaria Test Kit, HIV Test Kit, etc.
Rehabilitation Range: Cervical Collar, L. S. Belt, Abdominal Belt, Knee Cap, etc.
Incontinence Range: Adult diapers, Underpad,
Medical Disposables: Infusion Set, Face Mask
Hospital Range
The equity shares of the Company were listed on the UP Stock Exchange (“UPSE”) and the Calcutta Stock Exchange Limited (“CSE”). UPSE has become a derecognized stock exchange. The Company has been placed on the Dissemination Board (“DB”) of the National Stock Exchange Limited (“NSE”/ “Stock Exchange”) as referred by CSE vide SEBI letter Ref No SEBI/HO/MRD/DSA/OW/P/34060/1 dated 12th December 2018.
INCORPORATION DETAILS
|
CIN |
U33112UP1961PLC002846 |
|
Registration Date |
2nd June 1961 |
|
Company Name |
Hicks Thermometers India Limited |
|
Email Address |
|
|
Category/Sub-category of the Company |
Public Company / Limited by Shares |
|
Registration Number |
2846 |
|
Address of the Registered office & contact details |
A-12 &13 Industrial Estate, Aligarh-202001 (UP) Email: [email protected] |
|
Company Secretary & Compliance Officer |
Mrs. Sumati Tandon |
|
Name, Address & contact details of the Registrar & Transfer Agent, if any |
Skyline Financial Services Private Limited D-153 A, Ist Floor, Okhla Industrial Area, Phase I, New Delhi - 110020 Tel: + 91 11 64732681 -88 |
BOARD OF DIRECTORS
|
S.NO. |
Name of the Directors |
Category |
|
1. |
Mr. Hari Prakash Gupta |
Managing Director |
|
2. |
Mr. Siddharth Gupta |
Managing Director |
|
3. |
Mr. Sher Singh |
Director |
|
4. |
Dr. (Miss) Ranjana Bansal |
Director |
|
5. |
Mr. Bharat Bhusan Deva |
Director |
|
6. |
Mrs. Kusum Gupta |
Director |
|
7. |
Mr. Bharat Bansal |
Director |
Principal Business Activities of the Company
|
Name & Description of main products/services |
NIC Code of the Product /service |
% to the total turnover of the company |
|
Wholesale of Scientific, Medical, and Surgical Machinery and Equipment |
46596 |
100% |
SHAREHOLDING PATTERN (As of 31-03-2019)
|
S. No. |
Shareholder’s Category |
No. of Shares |
% of total Shares of the company |
|
1. |
Promoters |
1,95,745 |
71.05% |
|
2. |
Public |
79,755 |
28.95% |
|
Total |
2,75,500 |
100% |
INDUSTRY OUTLOOK
Medical equipment like thermometers, monitoring devices, disposable masks, and gloves are in higher demand because of the COVID-19 pandemic.
The operating Profits of the company have been increasing with a CAGR of 21.5% from 2017 to 2020. Healthcare has become one of India’s largest sectors,
both in terms of revenue and employment. The healthcare market is expected to increase three-fold to Rs. 8600000 Cr. by FY 2022.
PROFIT & LOSS STATEMENT OF HICKS THERMOMETERS (INDIA) LIMITED (In Rs.) (As of 31-03-2018 to 31-03-2021)
|
Income |
2021 |
2020 |
2019 |
2018 |
|
Revenue from Operations |
68,71,09,612.22 |
58,34,28,494.41 |
53,04,44,034.13 |
51,83,22,798.48 |
|
Other Income |
5285848.75 |
5171168.39 |
4352506.32 |
1,06,46,600.65 |
|
Total Revenue |
692395460.97 |
588599662.80 |
534796540.45 |
52,89,69,399.13 |
|
Expenses |
|
|
||
|
Cost of Material Consumed |
5230216.01 |
4513785.00 |
5605743.12 |
2,67,57,742.44 |
|
Purchase of Stock-in-trade |
403659919.39 |
327801707.24 |
306134368.95 |
28,04,07,129.50 |
|
Changes in inventories |
(52789842.46) |
(9611989.87) |
10331750.33 |
1,40,29,371.0 |
|
Employee Benefits Expense |
39799315.27 |
29127690.13 |
26655925.13 |
2,35,50,212.44 |
|
Finance Costs |
3658245.36 |
4743311.21 |
4514099.32 |
37,05,023.45 |
|
Depreciation and amortization expense |
2612520.00 |
3075127.00 |
3315050.00 |
30,52,188.00 |
|
Other Expenses |
212770868.36 |
184403589.72 |
143645881.05 |
15,69,29,810.63 |
|
Gain/(Loss) on foreign currency transaction |
3792369.04 |
1983605.97 |
8532361.06 |
(23,26,967.76) |
|
Total Expenses |
618733610.97 |
546036826.40 |
508735178.96 |
50,61,04,509.70 |
|
Profit before exceptional items and taxes |
73661850.00 |
42562836.40 |
26061361.49 |
2,28,64,889.43 |
|
Exceptional item |
- |
- |
- |
- |
|
Profit /(Loss) before tax |
73661850.00 |
42562836.40 |
26061361.49 |
2,28,64,889.43 |
|
Tax expenses |
|
|
||
|
Current tax |
18617529.00 |
10348037.00 |
6775953.80 |
75,12,838.00 |
|
Deferred tax |
(1110520) |
(451551.00) |
128679.20 |
(27,567.00) |
|
Excess/Short Provision relating to earlier year tax |
150000.00 |
476867.00 |
216143.10 |
- |
|
Profit (Loss) for the period |
54905426.20 |
32189483.40 |
18940585.39 |
1,53,79,618.43 |
|
Earning Per Equity Share |
|
|
||
|
Basic |
199.29 |
116.84 |
68.75 |
55.82 |
|
Diluted |
199.29 |
116.84 |
68.75 |
55.82 |
BALANCE SHEET OF HICKS THERMOMETERS (INDIA) LIMITED (In Rs.) (As of 31-03-2018 to 31-03-2021)
|
PARTICULARS |
2021 |
2020 |
2019 |
2018 |
|
Equity and Liabilities |
|
|
||
|
Equity |
|
|
||
|
Share Capital |
3255000.00 |
3255000.00 |
3255000.00 |
32,55,000.00 |
|
Reserves and Surplus |
223006719.90 |
168101293.70 |
135911810.30 |
11,69,71,224.91 |
|
Total Equity |
226261719.90 |
171356293.70 |
139166810.30 |
12,02,26,224.91 |
|
Non-Current Liabilities |
|
|
||
|
Financial liabilities |
|
|
||
|
Borrowings |
38426388.30 |
32541773.13 |
32029871.92 |
12,02,26,224.91 |
|
Provisions |
- |
- |
- |
- |
|
Deferred tax liabilities (net) |
611790.00 |
622895.20 |
1074446.20 |
9,45,767.00 |
|
Total Non-Current Liabilities |
39038178.30 |
33164668.33 |
33104318.12 |
3,41,06,068.60 |
|
Current Liabilities |
|
|
||
|
Financial liabilities |
|
|
||
|
Borrowings |
4451491.78 |
2344.00 |
17491702.16 |
88,39,877.35 |
|
Trade payables |
|
|
||
|
57786387.37 |
48062204.94 |
31238124.57 |
6,93,36,953.34 |
|
|
|
||
|
Other current financial liabilities |
4062675.43 |
3136622.00 |
3182595.90 |
22,43,098.34 |
|
Provisions |
754909.00 |
1145943.00 |
1144027.00 |
12,28,645.00 |
|
Total current liabilities |
67055463.58 |
52347113.94 |
53056449.63 |
8,16,48,574.03 |
|
Total Liabilities |
332355361.78 |
256868075.97 |
225327578.05 |
23,59,80,867.54 |
|
Assets |
|
|
||
|
Non-Current Assets |
|
|
||
|
Property, Plant, and Equipment |
16711097.03 |
16315750.06 |
18656386.90 |
2,09,89,584.32 |
|
Capital work-in-progress |
- |
- |
- |
- |
|
Non-current investment |
9600.00 |
9600.00 |
9600.00 |
9,600.00 |
|
Long-term loans and advances |
6739601.77 |
5166101.77 |
- |
- |
|
Total non-current assets |
23460298.80 |
21491451.83 |
18665986.90 |
2,09,99,184.32 |
|
Current assets |
|
|
|
|
|
Current Investments |
- |
- |
|
|
|
Inventories |
|
84235156.54 |
76009654.67 |
8,51,94,251.00 |
|
Trade receivables |
61947623.72 |
54780372.50 |
52063554.00 |
5,17,97,981.92 |
|
Cash and cash equivalents |
102505717.59 |
88715128.22 |
70276987.08 |
6,79,78,756.94 |
|
Short term Loans and advances |
- |
- |
5022301.77 |
80,32,030.36 |
|
Other Current assets |
5757145.09 |
7645966.88 |
3289093.63 |
19,78,663.00 |
|
Total current assets |
308895062 |
235376624.14 |
206661591.15 |
21,49,81,683.22 |
|
Total Assets |
332355361.78 |
256868075.97 |
225327578.05 |
23,59,80,867.54 |
DIVIDEND AND RETAINED EARNINGS (As of 31-03-2018 to 31-03-2021)
|
Particulars |
2021 |
2020 |
2019 |
2018 |
|
|
Dividend |
NIL |
NIL |
NIL |
NIL |
|
|
Retained Earnings (In Rs. Lakhs) |
NIL |
NIL |
NIL |
NIL |
|
PERFORMANCE OF THE COMPANY
Revenue from Operations Increased from Rs. 58,34,28,494.41 in FY 2020 to Rs 68,71,09,612.22 in FY 2021, showing an increase of 17.77% as compared to the previous financial year.
In FY 2021, Company’s Net profit stood at Rs. 54905426.20, 70.57% higher than the Net Profit of Rs. 32189483.40 in FY 2020.
The Current Ratio of the company as of 31st March 2021 was 4.61
The Debt Equity Ratio of the company as of 31st March 2021 was 1.47
The book value of the company as of 31st March 2021 was Rs.821.27 per share
The Company has not paid dividends in the last 4 years
