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Hi Tech Lubricants Ltd (HITE)

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27.30 +0.80 +3.02%

09/05 - Closed. Currency in PKR ( Disclaimer )

Volume: 3,767,000
Bid/Ask: 27.25 / 27.30
Day's Range: 26.65 - 28.10

Type: Equity

Market: Pakistan

ISIN: PK0111201015

S/N: HTL

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PSX:HITE Financials

This summary provides an overview of the most significant critical numbers from each of the Hi Tech Lubricants Ltd financial reports, including theHi Tech Lubricants Ltd income statement, balance sheet, and cash flow statement. Additionally, it features several financial ratios that provide insight into the company's financial health.

Investors can select to view data from four periods of either annual or quarterly information, allowing them to track the PSX:HITE financials over time via breakdowns of their annual reports.

Hi-Tech Lubricants Limited reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was PKR 7,783.91 million compared to PKR 5,677.64 million a year ago. Revenue was PKR 6,648.13 million compared to PKR 4,144.17 million a year ago. Net income was PKR 32.29 million compared to PKR 189.58 million a year ago. Basic earnings per share from continuing operations was PKR 0.23 compared to PKR 1.36 a year ago. Diluted earnings per share from continuing operations was PKR 0.23 compared to PKR 1.36 a year ago.For the nine months, sales was PKR 19,130.43 million compared to PKR 14,381.08 million a year ago. Revenue was PKR 15,981.16 million compared to PKR 11,514.52 million a year ago. Net loss was PKR 317.6 million compared to PKR 179.79 million a year ago. Basic loss per share from continuing operations was PKR 2.28 compared to PKR 1.29 a year ago. Diluted loss per share from continuing operations was PKR 2.28 compared to PKR 1.29 a year ago.

Annual Quarterly

Advanced Financial Summary

TTM = Trailing Twelve Months

MRQ = Most Recent Quarter

HITE Income Statement & Profits

Gross margin TTM 11.39%

Operating margin TTM 3.32%

Net Profit margin TTM -1.92%

Return on Investment TTM 5.09%

Total Revenue Net Income

Period Ending:	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023
Total Revenue	6648.13	5252.12	4080.91	4095.87
Gross Profit	647.98	377.18	547.93	713.96
Operating Income	233.11	9.06	181.31	243.45
Net Income	32.29	-293.19	-56.7	-67.19

HITE Balance Sheet

Quick Ratio MRQ 0.24

Current Ratio MRQ 0.96

LT Debt to Equity MRQ 8.49%

Total Debt to Equity MRQ 54.45%

Total Assets Total Liabilities

Period Ending:	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023
Total Assets	11861.59	12592.41	12218.37	12162.72
Total Liabilities	6135.48	6898.59	6231.36	6119.01
Total Equity	5726.11	5693.82	5987.01	6043.71

%ENGLISH_NAME% Latest Cash Flow Statement

Cash Flow/Share TTM 5.37

Revenue/Share TTM 144.23

Operating Cash Flow 13.44%

Cash Net Change in Cash

Period Ending:	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023
Period Length:	0 Months	0 Months	0 Months	0 Months
Cash From Operating Activities	642.79	-29.67	-71.19	205.83
Cash From Investing Activities	-26.93	13.2	-27.6	-28.26
Cash From Financing Activities	-590.71	110.05	87.22	-149.77
Net Change in Cash	25.14	93.58	-11.57	27.8

* In Millions of PKR (except for per share items)

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HITE Price Commentary

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Farhan Rawala Muhammad Sajeel May 19, 2021 21:40

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what About HTL Hold sell plz advice

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Aleem Adil Feb 08, 2021 7:11

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htl is falling down when should I buy

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Aleem Adil Feb 08, 2021 7:10

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htl is falling down at which rate should I buy

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Ammar Wasif Feb 07, 2021 17:59

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HTL will continue to grow due to their operating permits and business expansion in KPK....anything that can stop the pace is lockdown which is virtually impossible in Pakistan...recommended to buy..it will touch 120 mark soon

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Usman Shah Aug 11, 2020 15:32

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my favourite share

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Ahmed Shaikh Jul 11, 2020 10:40

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insha allah HTL will be raech at cross above 50 mid of aug

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Burhan Ahmed Mayo Dec 06, 2018 18:41

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I assume its fair value around Rs. 90 to reach by three months time if economy shows improvement.

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Rabia Shabbir Jul 16, 2018 12:20

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is there any logic behind this

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Qadeer Abdul Jan 11, 2017 10:49

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I think now htcl shall touch 150 easily

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