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Guided by: Dr. N.M. Leepsa

HINDUSTAN MACHINE TOOLS FINANCIAL REPORT

Group membersBandana Biswal-315SM1006Satish Kumar Patel-315SM1018Priyanka Senapati-315SM1030

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HMT – THE PROFILE• Incorporated in 1953 by the Government of India as a Machine Tool manufacturing company.• Over the years diversified into Watches, Tractors, Printing Machinery, Metal Forming Presses, Die Casting & Plastic Processing Machinery, CNC Systems & Bearings.• Successful technology absorption in all product groups through collaborations with world renowned manufacturers & further strengthened by continuous in house R&D.• Today, HMT comprises five subsidiaries under the ambit of a Holding Company, which also manages the Tractors Business directly.

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ORGANISATION

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HMT – THE VISION

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HMT – THE MISSION• To establish ourselves as one of the world’s premier companies in the engineering field having strong international competitiveness.• To achieve market leadership in India through ensuring customer satisfaction by supplying internationally competitive products and services.• To achieve sustained growth in the earnings of the group on behalf of shareholders.

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HMT – BUSINESS DOMAIN

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HMT – HOLDING COMPANYAfter having a large no of business domains around 18 manufacturing units around all over India, it restructured its various business into various subsidiaries under the ambit of a holding company.

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HMT – HOLDING COMPANYSLNO NAME OF THE SUBSIDIARIES % HOLDINGS

1 HMT Machines Tools Limited 100

2 HMT Watches Limited 100

3 HMT Chinar Watches Limited 100

4 HMT International Limited 100

5 HMT Bearings Limited 97.25

6 Praga Tools Limited 51.00

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HMT - MILESTONESYEAR DIVISION LOCATION STATE

1953 Machine Tool 1 Bangalore Karnataka

1961 Machine Tool 2 Bangalore Karnataka

1962 Watch Factory 1 Bangalore Karnataka

1963 Machine Tool 3 Pinjore Haryana

1965 Machine tool 4 Kalamassery Kerala

1967 Machine tool 5 Hyderabad Andra Pradesh

1971 Tractor Division Pinjore Haryana

1971 Die Casting Division Bangalore Karnataka

1972 Printing Machinery Division

Kalamassery Kerala

1972 Watch Factory 2 Bangalore Karnataka

1973 Precision Machinery Division

Bangalore Karnataka

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HMT - MILESTONESYEAR DIVISION LOCATION STATE

1975 Machine Tools 6 Ajmer Rajasthan

1975 HMT (International) Ltd. Bangalore Karnataka

1975 Watch Factory 3 Srinagar Jammu & Kashmir

1978 Watch Factory 4 Tumkur Karnataka

1981 HMT Bearings Ltd. Hyderabad Andra Pradesh

1981 Quartz Analog Watches Bangalore Karnataka

1982 Watch factory 5 Ranibag Uttar Pradesh

1982 Specialized Watch case Division

Bangalore Karnataka

1983 Stepper Motor Division Tumkur Karnataka

1985 Ball Screw Division Bangalore Karnataka

1986 CNC Systems Division Bangalore Karnataka

1991 Central Reconditioning Division

Bangalore Karnataka

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HMT - COMPETITORS

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HMT – Profit and Loss Account

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HMT – Profit and Loss Account IN RS. CRORES

MARCH’15 MARCH’14 MARCH’13

12 MONTHS 12 MONTHS 12 MONTHS

INCOME SALES TURNOVER 61.47 79.71 99.42

EXCISE DUTY 1.19 1.26 0.00

NET SALES 60.28 78.45 99.42

OTHER INCOMES 32.47 305.18 47.56

STOCK ADJUSTMENTS -6.50 8.77 -22.26

TOTAL INCOME 86.25 392.40 124.72

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HMT – Profit and Loss Account

Sales Turnover Excise Duty Net Sales Other Incomes Stock Adjustment

61.47

1.19

60.28

32.47-6.5

79.71

1.26

78.45

305.18

8.77

99.42

0

99.42

47.56

-22.26

INCOME

march'15 march'14 march'13

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HMT – Profit and Loss Account IN RS. CRORES

MARCH’15 MARCH’14 MARCH’13

12 MONTHS 12 MONTHS 12 MONTHS

EXPENDITURERAW MATERIALS 38.05 67.00 53.65POWER AND FUEL COST 3.49 4.78 4.40EMPLOYEE COST 99.78 90.30 70.70

OTHER MANUFACTURING EXPENSES

1.18 1.71 0.00

SELLING AND ADMIN EXPENSES

0.00 0.00 0.00

MISCELLANEOUS EXPENSES 19.23 103.98 17.22

PREOPERATIVE EXP. CAPITALISED

0.00 0.00 0.00

TOTAL EXPENSES 161.73 267.77 145.97

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HMT – Profit and Loss Account

RAW MATERIALS

POWER AND FUEL C

OST

EMPLOYEE COST

OTHER MANUFA

CTURING EXPENSES

SELLI

NG AND ADMIN EXPENSES

MISCELLA

NEOUS EXPENSE

S

PREOPERATIVE EXP. CAPITALIS

ED

38.05

3.49

99.78

1.18 0

19.23

0

67

4.78

90.3

1.71 0

103.98

0

53.65

4.4

70.7

0 0

17.22

0

EXPENDITURE

MARCH'15 MARCH'14 MARCH'13

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HMT – Profit and Loss Account IN RS.CRORE

MARCH’15 MARCH’14 MARCH’13

12 MONTHS 12 MONTHS 12 MONTHS

OPERATING PROFIT -107.95 -180.55 -68.81

PBDIT -75.48 124.63 -21.25

INTEREST 18.36 14.34 104.03

PBDT -93.84 110.29 -125.28

DEPRICIATION 2.71 3.40 3.55

OTHER WRITTEN OFF 0.00 0.00 0.00

PROFIT BEFORE TAX -96.55 106.89 -128.83

EXTRA ORDINARY ITEMS -0.02 -1.08 -16.56

POST EXTRA ORD. ITEMS -96.57 105.81 -145.39

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HMT – Profit and Loss Account

OPERATING PROFITê

PBDIT

INTERESTPBDT

DEPRICIATION

OTHER WRITTEN O

FF

PROFIT BEFO

RE TAX

EXTRA ORDINARY IT

EMS

POST EXTRA O

RD. ITEMS

-200

-150

-100

-50

0

50

100

150

-107.95

-75.48

18.36

-93.84

2.71 0

-96.55

-0.02

-96.57

-180.55

124.63

14.34

110.29

3.4 0

106.89

-1.08

105.81

-68.81

-21.25

104.03

-125.28

3.55 0

-128.83

-16.56

-145.39

PROFIT AND LOSS

MARCH'15 MARCH'14 MARCH'13

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HMT – Profit and Loss Account

PER SHARE DATA (ANNUALIZED)

SHARE ISSUED(IN LAKHS)

12040.92 7603.50 7603.50

EARNING PER SHARE(IN RS.)

-0.80 1.15 -1.19

BOOK VALUE 3.16 0.46 -0.69

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HMT – BALANCE SHEET

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HMT – BALANCE SHEETMARCH’15 MARCH’14 MARCH’13

12 MONTHS 12 MONTHS 12 MONTHSSOURCES OF FUNDSTOTAL SHARE CAPITAL 1864.09 1420.35 760.35EQUITY SHARE CAPITAL 1204.09 760.35 760.35

SHARE APPLICATION MONEY

0.00 443.74 443.00

PREFERANCE SHARE CAPITAL

660.00 660.00 0.00

RESERVES -823.75 -725.71 -812.92NETWORTH 1040.34 1138.38 390.43SECURED LOANS 30.27 31.55 111.27UNSECURED LOANS 62.61 52.78 420.92TOTAL DEBTS 92.88 84.33 532.19TOTAL LIABILITIES 1133.22 1222.71 922.62

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HMT – BALANCE SHEET

TOTAL SHARE CAPITAL

EQUITY SHARE CAPITAL

SHARE APPLIC

ATION M

ONEY

PREFERANCE SH

ARE CAPITAL

RESERVES

NETWORTH

SECURED LO

ANS

UNSECURED LO

ANS

TOTAL DEBTS

TOTAL LIABILI

TIES

1864.09

1204.09

0

660

-823.75

1040.34

30.27 62.61 92.88

1133.22

1420.35

760.35

443.74660

-725.71

1138.38

31.55 52.78 84.33

1222.71

760.35 760.35

443

0

-812.92

390.43

111.27

420.92532.19

922.62

LIABILITIES

MARCH'15 MARCH'14 MARCH'13

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HMT – BALANCE SHEET RS. IN CRORES

MARCH’15 MARCH’14 MARCH’13

APPLICATION OF FUNDS

GROSS BLOCK 138.53 139.42 139.33

LESS:REVALUATION RESERVES

0.00 0.00 0.00

LESS:ACCUM. DEPRICIATION

114.57 111.11 107.73

NET BLOCK 23.96 28.31 31.60

CAPITAL WORK IN PROGRESS

0.04 0.00 0.00

INVESTMENTS 763.90 763.90 765.56

INVENTORIES 34.21 43.43 32.99

SUNDRY DEBTORS 20.90 30.96 35.30

CASH AND BANK BALANCE

17.98 43.74 4.53

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HMT – BALANCE SHEET

GROSS BLO

CK

LESS:

REVALUATIO

N

R

ESERVES

LESS:

ACCUM. DEPRICIATIO

N

NET BLOCK

CAPITAL WORK IN

PROGRESS

INVESTMENTS

INVENTORIES

SUNDRY DEBTORS

CASH AND BANK BALA

NCE

138.53

0

114.5723.96 0.04

763.9

34.21 20.9 17.98

139.42

0111.11

28.31 0

763.9

43.43 30.96 43.74139.33

0107.73

31.6 0

765.56

32.99 35.3 4.53

ASSETS

MARCH'15 MARCH'14 Series 3

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HMT – BALANCE SHEETMARCH’15 MARCH’14 MARCH’13

TOTAL CURRENT ASSETS 73.09 118.13 72.82

LOANS AND ADVANCES 569.97 559.30 613.23

FIXED DEPOSITS 0.00 0.00 0.00

TOTAL LOANS, ADVANCES AND CA

643.06 677.43 686.05

DEFFERED CREDITS 0.00 0.00 0.00

CURRENT LIABILITIES 179.51 147.94 495.53

PROVISIONS 118.24 98.99 65.04

TOTAL CL AND PROVISIONS

297.75 246.93 560.57

NET CURRENT ASSETS 345.31 430.50 125.48

MISCELLENOUS EXPENSES 0.00 0.00 0.00

TOTAL ASSETS 1133.21 1222.71 922.64

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HMT – BALANCE SHEET

TOTAL CURRENT ASSE

TS

LOANS A

ND ADVANCES

FIXED DEPOSIT

S

TOTAL LOANS,

ADVANCES AND CA

DEFFERED CREDITS

CURRENT LIABILI

TIES

PROVISIONS

TOTAL CL A

ND PROVISIONS

NET CURRENT ASSETS

MISCELLE

NOUS EXPENSE

S

TOTAL ASSE

TS73.09

569.97

0

643.06

0

179.51118.24

297.75 345.31

0

1133.21

118.13

559.3

0

677.43

0147.94 98.99

246.93

430.5

0

1222.71

72.82

613.23

0

686.05

0

495.53

65.04

560.57

125.480

922.64

ASSETS

MARCH'15 MARCH'14 Series 3

HMT – CASH FLOW

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HMT – CASH FLOW IN RS. CRORE

MARCH’15 MARCH’14 MARCH’13

12 MONTHS 12 MONTHS 12 MONTHS

NET PROFIT BEFORE TAX -96.57 105.82 145.38

NET CASH FROM OPERATING ACTIVITIES

-37.74 -78.09 -18.43

NET CASH FROM INVESTING ACTIVITIES

3.47 -3.71 2.84

NET CASH FROM FINANCING ACTIVITIES

8.52 121.01 16.50

NET DECREASE/INCREASE IN CASH AND CASH EQUIVALENT

-25.75 39.21 0.91

OPEARTING CASH AND CASH EQUIVALENT

43.74 4.53 3.62

CLOSING CASH AND CASH EQUVALENT

17.98 43.74 4.53

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HMT – CASH FLOW

NET PROFIT BEFO

RE TAX

NAT CASH FR

OM OPERATING ACTIVITIES

NET CASH FR

OM INVEST

ING ACTIVITIES

NET CASH FR

OM FINANCING ACTIVITIES

NET DECREASE/IN

CREASE IN

CASH AND CASH

EQUIVALENT

OPEARTING CASH AND CASH

EQUIVALENT

CLOSIN

G CASH AND CASH

EQUVALENT

-96.57-37.74 3.47 8.52 -25.75 43.74

17.98

105.82

-78.09

-3.71

121.01

39.214.53

43.74

145.38

-18.432.84 16.5 0.91 3.62 4.53

CASH FLOW

MARCH'15 MARCH'14 Series 3

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HMT – LATEST STOCK PRICE

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WHAT IS ANALYSED?• From profit and loss account we derived that total expenses of the

company is highest in 2014.• Reported net profit has been drastically decreased in the year 2015 as

it has positive value in 2014 and it becomes negative coming to end of 2015.• Total liabilities is increased from 2013 to 2014 but again somewhat

decreased in 2015.• The same happens with the assets.

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REFERENCES• http://www.moneycontrol.com/stocks/company_info/print_main.php• http://www.moneycontrol.com/financials/hmt/profit-loss/HMT#HMT• http://www.hmtindia.com/• http://www.moneycontrol.com/financials/hmt/cash-flow/HMT#HMT

THANK YOU