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Hi-Tech Gears Limited

Hi-Tech Gears Limited

500.00
INR
-5.00
(-0.99%)
10.46EPS
61.90P/E
12.25BMarket Cap
Hi-Tech Gears Limited
BSE:HITECHGEAR
(Bombay Stock Exchange)

Recent

price

500.00

P/E

ratio

61.90

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
226.41
265.07
198.94
192.36
230.14
239.76
245.55
390.65
474.02
376.03
387.66
503.48
607.59
577.3
482.85
472.75
485.71
Revenue per Share
18.67
22.44
8.64
8.49
9.81
11.28
10.73
18.25
18.96
4.41
15.34
-0.59
12.32
60.86
21.49
11.16
10.53
Basic EPS, GAAP
13.85
-17.42
30.94
4.23
3.31
13.11
20.07
-27.12
-37.93
65.14
-11.41
-2.42
13.1
44.45
66.56
28.67
- -
Free Cash Flow per Basic Share
4.37
4.5
2.5
2.5
2.5
3
3.32
3.31
4.22
4.22
- -
2
1.5
2.5
5
5
- -
Dividend per Share
65.85
83.04
88.6
93.89
96.8
106.25
107.35
128.32
144.79
147.18
170.9
176.23
188.85
248.24
257.31
277.8
- -
Book Value per Share
65.81
82.1
87.52
93.15
96.53
106.02
47.31
67.2
85.82
88.25
109.91
115.58
144.05
205.72
219.12
235.72
- -
Tangible Book Value per Share
19
19
19
19
19
19
19
19
19
19
19
19
19
19
19
19
19
Basic Weighted Avg Shares
4,249
4,975
3,734
3,610
4,319
4,500
4,608
7,332
8,896
7,057
7,276
9,449
11,403
10,838
9,068
8,886
9,103
Sales/Revenue/Turnover
-65.42
13.35
7.93
6.47
6.44
7.66
7.12
8.71
8.59
6.23
6.72
3.26
5.29
8.4
7.99
3.8
3.63
Operating Margin (%)
162
198
232
231
251
227
262
394
422
430
431
523
822
612
635
673
683
Depreciation Expense
350
421
162
159
184
212
201
342
356
83
288
-11
231
1,143
404
210
197
Net Income, GAAP
33.48
32.63
31.41
27.81
29.96
37.01
38.18
33.53
39.21
56.4
15.36
110.1
31.9
17.17
35.69
36.97
32.31
Effective Tax Rate (%)
8.24
8.47
4.34
4.41
4.26
4.7
4.37
4.67
4
1.17
3.96
-0.12
2.03
10.54
4.45
2.36
2.17
Profit Margin (%)
326
33
131
207
103
241
321
911
937
845
919
680
629
1,222
1,597
1,920
- -
Working Capital
541
410
299
138
2
3
2,428
2,844
3,094
3,003
3,314
3,213
2,401
1,435
1,271
1,168
- -
LT Debt
1,236
1,559
1,663
1,762
1,817
1,994
2,015
2,408
2,717
2,762
3,207
3,307
3,544
4,662
4,836
5,226
- -
Total Equity
-113.91
22.5
9.59
9.22
9.57
9.24
5.36
7.5
7.9
2.82
5.8
-0.41
5.17
17.75
6.43
3.06
- -
Return on Invested Capital (%)
24.7
23.47
7.65
9.02
9.3
9.44
5.83
8.77
7.7
3.11
6.52
-0.46
4.93
17.82
7.46
4.36
- -
Return on Capital (%)
31.56
30.14
10.07
9.3
10.29
11.11
10.05
15.48
13.88
3.02
9.64
-0.34
6.75
27.85
8.5
4.17
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
657
- -
LT Borrowings
- -
74
- -
LT Finance Leases
- -
1,094
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
19
19
19
Market Capitalization
13,155
10,159
12,253

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
3,821
- -
Cash, Cash Equivalents & STI
- -
404
- -
Accounts Receivable, Net
- -
1,732
- -
Inventories
- -
1,408
- -
Total Current Liabilities
- -
1,901
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
657
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.48%
10.72%
8.08%
Free Cash Flow
-101.88%
-97.49%
-56.89%
Net Income, GAAP
-177.95%
-403.94%
-48.02%
Sales/Revenue/Turnover
9.25%
5.45%
-2.01%
Total Cash Common Dividend
- -
- -
0.09%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2,550
2,410
2,005
2,102
9,068
2026
2,106
2,352
2,191
2,237
8,886
2027
2,323
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
7.58
5.09
3.66
5.17
21.49
2026
3.19
3.2
0.46
4.32
11.16
2027
2.53
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
5
2026
- -
- -
- -
- -
5
2027
- -
- -
- -
- -
- -
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Business
The Hi-Tech Gears Limited The Hi-Tech Gears Limited manufactures precision automotive components as a Tier 1 supplier to global automobile manufacturers and Tier 1 and Tier 2 suppliers; its core products include transmission gears and shafts such as forged lug gears, drive/driven spur and helical gears, straight and involute special ratchets, kick spindles and cranks; driveline components; engine gears and components; steering linkage; and power take off components, with applications spanning two-wheelers (26% of consolidated revenue), passenger vehicles (42%), and commercial vehicles, agriculture and off-highway (31%). The company, founded in 1986 and headquartered in Gurugram, Haryana, India, with manufacturing plants in Bhiwadi (Rajasthan) and Manesar (Haryana), operates across India, North America, and other regions through subsidiaries including The Hi-Tech Gears Canada Inc. (formerly Teutech Industries Inc., acquired in 2017), Teutech LLC (USA), The Hi-Tech Robotic Systemz Limited (established 2004, focused on robotics, AI, computer vision, industrial automation, military electronics and autonomous navigation), and Novus Hi-Tech Robotic Systemz Private Limited (specializing in modular software-defined mobile robots and ADAS for fleet safety). In recent developments, the company achieved consolidated turnover exceeding INR 11,000 million in FY 2023-24 while reducing standalone long-term borrowings by INR 427 million to INR 801 million and consolidated borrowings by INR 1,423 million to INR 1,829 million; executed a sale-and-leaseback transaction for its Guelph, Ontario facility in August 2023 generating INR 770 million in exceptional income; allotted 10,186 equity shares under its Stock Incentive Plan 2021, increasing paid-up capital to INR 187.78 million; and recommended a record final dividend of 50% (INR 5 per share) approved at the September 2025 AGM, reflecting sustained operational excellence, productivity gains in overseas units, and a strategic focus on asset utilization, cost optimization and emerging technologies amid robust Indian automotive growth.