HEG Ltd.

INCOME STATEMENT ANALYSIS

YEARLY (MAR) CHANGE HALF YEARLY (SEP)
2020 2019 +/- % 2020 2019
TOTAL REVENUE 2,292.78 6,702.02 -4409.24 -65.79% 556.17 1,380.89
PBIT 65.8 4,695.05 -4629.25 -98.60% -26.85 525.56
INTEREST 36.51 17.97 18.54 103.17% 9.01 19.21
PBT 29.29 4,677.08 -4647.79 -99.37% -35.86 506.35
TAX -24.09 1,626.65 -1650.74 -101.48% -12.71 92.94
NET INCOME 53.38 3,050.43 -2997.05 -98.25% -23.15 413.41
INTEREST COVERAGE 0.46 168.75 -168.29 -3.57 20.52
RATIO

QUARTERLY ANA
(OCT-DEC) CHANGE % (JULY-SEP)
2020 2019 +/- +/- 2020 2019
TOTAL REVENUE 319.59 393.69 -74.1 -18.82% 322.88 564.38
PBIT 5.55 14.23 -8.68 -61.00% -43.8 156.33
INTEREST 1.27 8.73 -7.46 -85.45% 3.04 9.95
PBT 4.28 5.5 -1.22 -22.18% -46.84 146.38
TAX -0.4 -0.44 0.04 -9.09% -12.93 -32.65
NET INCOME 4.68 5.94 -1.26 -21.21% -33.91 179.03
INTEREST COVERAGE 2.69 -0.32 3.00 -12.15 16.99
RATIO
d. ( Amisha Agrawal)
NT ANALYSIS
CHANGE HALF YEARLY (MAR) CHANGE
+/- % 2020 2019 +/- %
-824.72 -59.72% 768.13 3,211.64 -2443.51 -76.08%
-552.41 -105.11% -459.78 2,144.25 -2604.03 -121.44%
-10.2 -53.10% 17.31 9.43 7.88 83.56%
-542.21 -107.08% -477.09 2,134.82 -2611.91 -122.35%
-105.65 -113.68% -117.03 743.57 -860.6 -115.74%
-436.56 -105.60% -360.06 1,391.25 -1751.31 -125.88%
-24.09 -21.80 146.53 -168.34

QUARTERLY ANALYSIS
CHANGE % (APR-JUNE) CHANGE % (JAN-MAR)
+/- +/- 2020 2019 +/- +/- 2020 2019
-241.5 -42.79% 233.29 816.51 -583.22 -71.43% 374.44 1,346.65
-200.13 -128.02% 16.95 369.23 -352.28 -95.41% -474.01 812.08
-6.91 -69.45% 5.97 9.25 -3.28 -35.46% 8.58 5.86
-193.22 -132.00% 10.98 359.98 -349 -96.95% -482.59 806.22
19.72 -60.40% 0.22 125.59 -125.37 -99.82% -116.59 281.8
-212.94 -118.94% 10.76 234.39 -223.63 -95.41% -366 524.42
-29.15 0.80 24.34 -23.54 -43.66 88.49
CHANGE %
+/- +/-
-972.21 -72.19%
-1286.09 -158.37%
2.72 46.42%
-1288.81 -159.86%
-398.39 -141.37%
-890.42 -169.79%
-132.15
 HEG Ltd.
CAPITAL AND RESERVE INTERPRETATION
Mar-20 Mar-15 CHANGE Mar-19 CHANGE Mar-18
EQUITIES AND LIABILITIES 2015-2020 19-20
SHAREHOLDER'S FUNDS
Equity Share Capital 38.6 39.96 -3.40% 38.6 0.00% 39.96
Reserves & Surplus 3,384.28 900.77 275.71% 3,680.40 -8.05% 1,768.66
TOTAL SHAREHOLDER'S FUND 3,422.88 940.73 263.85% 3,719.00 -7.96% 1,808.62

RATIO OF CAPITAL & RESERVES 0.01 0.04 -0.01 0.01 0.00 0.02

CAPITAL AND LOAN INTERPRETATION

Mar-20 Mar-15 CHANGE Mar-19 CHANGE Mar-18
2015-2020 19-20
Equity Share Capital 38.6 39.96 -3.40% 38.6 0.00% 39.96
Reserves & Surplus 3,384.28 900.77 275.71% 3,680.40 -8.05% 1,768.66
TOTAL SHAREHOLDER'S FUND 3,422.88 940.73 263.85% 3,719.00 -7.96% 1,808.62
LONG TERM LOANS 110.12 353.77 -68.87% 132.81 -17.08% 125.08
CURRENT LIABILITIES 816.51 878.44 -7.05% 1,217.87 -32.96% 701.87
TOTAL LOAN 926.63 1,232.21 -24.80% 1,350.68 -31.40% 826.95
Ratio of Capital & Total Loan 3.69 0.76 -10.64 2.75 0.25 2.19

Ratio of Equity Share Capital & 0.01 0.04 -0.01 0.01 0.00 0.02
Reserves
Ratio of Equity Share Capital & 0.04 0.03 0.14 0.03 0.00 0.05
Total Loan

SECURED LOAN AND FIXED ASSETS INTERPRETATION

Mar-20 Mar-15 CHANGE Mar-19 CHANGE Mar-18
2015-2020 19-20
Secured Loan 0 252.37 -100.00% 0 0.00% 0
Fixed Assets 845.26 1,014.29 -16.66% 806.95 4.75% 834.98
Current Assets 2,058.88 925.6 122.44% 3,435.51 -40.07% 1,614.92
Current Liabilities 816.51 878.44 -7.05% 1,217.87 -32.96% 701.87
Current Ratio 2.52 1.05 -17.37 2.82 1.22 2.30
Ratio of Secured Loans to Fixed
Assets 0.00 0.25 6.00 0.00 0.00 0.00
PRETATION
CHANGE Mar-17 CHANGE Mar-16 CHANGE
18-20 17-20 16-20

-3.40% 39.96 -3.40% 39.96 -3.40%

91.35% 831.84 306.84% 881.04 284.12%
89.25% 871.80 292.62% 921.00 271.65%

-0.04 0.05 -0.01 0.05 -0.01

ETATION
CHANGE Mar-17 CHANGE Mar-16 CHANGE
18-20 17-20 16-20
-3.40% 39.96 -3.40% 39.96 -3.40%
91.35% 831.84 306.84% 881.04 284.12%
89.25% 871.80 292.62% 921.00 271.65%
-11.96% 202.28 -45.56% 212.07 -48.07%
16.33% 697.67 17.03% 745.28 9.56%
12.05% 899.95 2.96% 957.35 -3.21%
7.40 0.97 98.71 0.96 -84.66

-0.04 0.05 -0.01 0.05 -0.01

-0.28 0.04 -1.15 0.04 1.06

NTERPRETATION
CHANGE Mar-17 CHANGE Mar-16 CHANGE
18-20 17-20 16-20
0.00% 135.64 -100.00% 156.55 -1.0000
1.23% 890.1 -5.04% 961.94 -0.1213
27.49% 700.43 193.95% 735.16 1.8006
16.33% 697.67 17.03% 745.28 0.0956
1.68 1.00 11.39 0.99 18.84

0.00 0.15 19.85 0.16 8.24