Tata Hitachi Construction Machinery Company Ltd

Tata Hitachi Construction Machinery Company Ltd

Fortune 500 2024
+ 2 More
+ 2 More
OVERVIEW
FINANCIALS

About

Tata Hitachi is a construction equipment supplier. The company was established in 1998 as a joint venture between Tata Motors and Hitachi Construction Machinery Company Limited, with 40% and 60% ownership respectively. Tata Hitachi is spearheaded by Managing Director Sandeep Singh. The company operates from its headquarters in Bangalore. Tata Hitachi has several manufacturing facilities across India including Dharwad, Karnataka, and Kharagpur, West Bengal. The company’s product portfolio includes excavators, trucks, attachments, and customized machines. It has recently expanded into the Used Equipment market with Premium Used certified equipment. Tata Hitachi exports to African markets including Kenya, Tanzania, Uganda, and South Africa.

Incorporation Year: 1998
Headquarters: Bangalore
Top Management: Managing Director Sandeep Singh
Industry: Construction (Ancillary)

Featured In Fortune India Ranking

Fortune 500 India
#419(2024)
#378(2022)
#369(2021)
#419(2024)#378(2022)#369(2021)
Ranking Trend Fortune 500 India

Financial Data 2024

Revenue
5,001
(INR Cr)
Net Operating Income
4,875
(INR Cr)
Assets
1,707
(INR Cr)
Profit
240
(INR Cr)
Net Worth
1,182
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Revenue
(INR Cr)
5001
11.4%
4489
10.2%
4073
28.7%
3164
-7.7%
3426
-26.3%
4647
20.9%
3844
23.8%
3106
27.1%
2444
29.1%
1893
0.4%
1885
-15.8%
2238
-18.9%
2759
12.3%
2456
28.0%
1918
-7.2%
2068
-
Net Operating Income
(INR Cr)
4875
10.77%
4401
11.62%
3943
13.42%
3477
4.96%
3312
-23.63%
4337
13.44%
3823
25.35%
3050
23.70%
2466
33.72%
1844
-1.77%
1877
-16.29%
2242
-17.39%
2714
11.21%
2441
25.07%
1952
0.77%
1937
-19.67%
Profit
(INR Cr)
240
389.0%
49
696.9%
6
-89.0%
56
2652.0%
2
-99.1%
236
-18.1%
288
61.4%
179
-
-369
-
-119
-
-300
-
-72
-
-111
-
95
-8.2%
104
22.4%
85
-
Assets
(INR Cr)
1707
18.4%
1442
-5.5%
1525
22.3%
1247
-27.8%
1728
44.7%
1194
37.4%
869
7.5%
809
-11.2%
910
-36.8%
1440
6.3%
1355
-2.8%
1394
7.3%
1298
6.9%
1215
7.1%
1135
-1.1%
1147
-
Net Worth
(INR Cr)
1182
25.3%
943
5.8%
891
1.1%
882
7.2%
823
0.4%
820
40.5%
583
90.3%
307
-190.6%
-338
-616.3%
66
-65.8%
192
-61.8%
502
-12.5%
574
-17.3%
694
-4.2%
725
8.5%
668
4.1%
Employee Cost
(INR Cr)
382
8.6%
352
7.1%
329
6.6%
308
-0.9%
311
7.5%
289
21.9%
237
14.5%
207
8.1%
192
0.5%
191
20.9%
158
8.3%
146
-6.9%
157
24.2%
126
24.5%
101
13.6%
89
-
Interest Cost
(INR Cr)
62301930522527469985907448493229
Cash & Bank Balance
(INR Cr)
7573101225722221125043279420
Total Debt
(INR Cr)
36936750724178829624246512109591151877714511410479

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Profit As % Of Revenues 4.8%1.1%0.2%1.8%0.1%5.1%7.5%5.8%-----3.9%5.4%4.1%
Profit As % Of Assets 14.1%3.4%0.4%4.5%0.1%19.8%33.1%22.1%-----7.8%9.1%7.4%
Profit As % Of Networth 20.3%5.2%0.7%6.4%0.3%28.8%49.4%58.2%-----13.7%14.3%12.7%
Interest Cost to EBITDA % 14.9%14.9%19.4%17.0%42.9%5.7%5.4%17.6%-783.1%-406.6%270.6%24.1%18.6%16.6%
Debt to Equity Ratio 0.310.390.570.270.960.360.411.52-14.626.001.751.240.740.560.72
RONW 22.6%5.4%0.7%5.7%0.3%31.8%43.5%110.2%-----13.4%14.9%12.9%
ROCE 23.2%10.5%2.5%6.9%3.8%36.2%42.1%20.7%0.0%0.0%0.1%-1.4%-6.0%15.7%16.6%18.5%