The Hi-Tech Gears Ltd

₹ 761 -4.11%

12 Jun 4:01 p.m.

hitechgears.com BSE: 522073 NSE: HITECHGEAR

About

The Hi-Tech Gears Ltd is an auto components manufacturer primarily engaged in the business of manufacturing gears and transmission components.^[1]

Key Points

Product Portfolio
The product portfolio of the company comprises precision gears, shafts, transmission components, and engine components catering to two-wheelers (26%), Passenger Vehicles (43%), Commercial Vehicles, and Agri and Off-Road vehicles (31%). ^[1]

Website BSE NSE - BE

Market Cap ₹ 1,418 Cr.
Current Price ₹ 761
High / Low ₹ 1,065 / 515
Stock P/E 35.1
Book Value ₹ 257
Dividend Yield 0.66 %
ROCE 11.6 %
ROE 8.50 %
Face Value ₹ 10.0

Add ratio to table

Edit ratios

Pros

Company has reduced debt.
Company has delivered good profit growth of 37.3% CAGR over last 5 years

Cons

Stock is trading at 2.95 times its book value
The company has delivered a poor sales growth of 5.12% over past five years.
Company has a low return on equity of 9.20% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Consumer Discretionary Automobile and Auto Components Auto Components Auto Components & Equipments

Part of BSE SmallCap BSE Allcap BSE Consumer Discretionary

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
	288.64	291.74	313.77	277.16	286.55	263.50	283.64	272.91	286.87	260.63	246.39	205.06	214.88
	254.05	260.15	275.00	239.37	253.37	230.29	248.50	232.16	246.04	219.69	211.21	178.51	181.66
Operating Profit	34.59	31.59	38.77	37.79	33.18	33.21	35.14	40.75	40.83	40.94	35.18	26.55	33.22
OPM %	11.98%	10.83%	12.36%	13.63%	11.58%	12.60%	12.39%	14.93%	14.23%	15.71%	14.28%	12.95%	15.46%
	2.21	2.12	2.69	2.18	0.94	3.09	78.45	2.07	3.33	2.41	1.91	3.10	4.30
Interest	8.08	7.76	8.14	8.54	8.73	9.00	13.87	8.21	6.69	6.45	5.65	4.93	4.34
Depreciation	14.68	19.80	23.54	23.68	15.13	15.01	15.02	14.87	16.28	15.59	16.00	15.95	15.93
Profit before tax	14.04	6.15	9.78	7.75	10.26	12.29	84.70	19.74	21.19	21.31	15.44	8.77	17.25
Tax %	19.94%	93.98%	63.91%	66.84%	-62.18%	24.33%	14.75%	24.52%	15.90%	33.18%	38.21%	21.66%	43.65%
	11.24	0.37	3.53	2.57	16.64	9.30	72.22	14.91	17.83	14.24	9.54	6.87	9.72
EPS in Rs	5.99	0.20	1.88	1.37	8.87	4.96	38.48	7.94	9.50	7.58	5.08	3.66	5.17
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2006	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	195	471	749	914	722	746	971	1,169	1,107	927
	178	415	654	800	638	656	889	1,028	957	791
Operating Profit	17	56	95	113	84	90	82	141	150	136
OPM %	9%	12%	13%	12%	12%	12%	8%	12%	14%	15%
	7	7	20	17	11	10	8	8	87	12
Interest	5	4	24	29	33	23	26	33	38	21
Depreciation	9	26	39	42	43	43	52	82	61	63
Profit before tax	9	33	52	59	19	34	11	34	138	63
Tax %	40%	38%	34%	39%	56%	15%	110%	32%	17%	36%
	6	20	34	36	8	29	-1	23	114	40
EPS in Rs		10.73	18.24	18.96	4.41	15.34	-0.59	12.31	60.84	21.48
Dividend Payout %	42%	23%	19%	18%	34%	13%	-256%	20%	8%	0%

Compounded Sales Growth
10 Years:	%
5 Years:	5%
3 Years:	-2%
TTM:	-16%

Compounded Profit Growth
10 Years:	%
5 Years:	37%
3 Years:	264%
TTM:	-20%

Stock Price CAGR
10 Years:	12%
5 Years:	49%
3 Years:	63%
1 Year:	-25%

Return on Equity
10 Years:	%
5 Years:	8%
3 Years:	9%
Last Year:	9%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2006	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	9	19	19	19	19	19	19	19	19	19
Reserves	30	183	222	253	257	302	312	336	447	465
	90	319	366	440	352	427	471	457	298	202
	52	160	128	155	161	174	201	171	144	118
Total Liabilities	181	680	734	867	789	922	1,002	983	908	804
	105	403	423	444	446	468	528	496	462	445
CWIP	7	11	13	19	34	71	38	13	4	1
Investments	0	0	0	4	8	10	12	12	12	1
	70	267	298	400	301	373	424	462	430	357
Total Assets	181	680	734	867	789	922	1,002	983	908	804

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2006	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	15	54	15	47	184	37	56	54	117	149
	-48	-119	-72	-85	-40	-51	-56	-41	143	-1
	33	26	18	60	-151	25	11	-41	-280	-150
Net Cash Flow	1	-40	-39	22	-7	12	10	-27	-19	-3

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2006	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	34	82	75	68	46	73	65	65	66	60
Inventory Days	124	85	66	87	92	91	88	75	79	99
Days Payable	158	86	75	79	102	112	109	73	69	66
Cash Conversion Cycle	0	81	66	76	37	52	45	67	76	93
Working Capital Days	39	28	53	51	8	54	49	62	74	80
ROCE %			13%	12%	8%	8%	5%	8%	12%	12%

Shareholding Pattern

Numbers in percentages

	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
	56.22%	56.22%	56.22%	56.22%	56.26%	56.26%	56.26%	56.23%	56.23%	56.23%	56.23%	56.19%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.02%	0.00%	0.06%	0.01%	0.00%	0.00%	0.01%
	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
	0.00%	0.01%	0.01%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
	43.78%	43.76%	43.77%	43.77%	43.72%	43.69%	43.73%	43.70%	43.75%	43.75%	43.75%	43.80%
No. of Shareholders	7,554	7,736	6,643	6,309	7,176	7,414	7,284	9,567	11,872	11,841	11,227	10,825

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	55.30%	55.30%	55.30%	55.53%	56.00%	56.22%	56.22%	56.23%	56.19%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.06%	0.01%
	0.14%	0.24%	0.13%	0.01%	0.01%	0.01%	0.00%	0.00%	0.00%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.02%	0.02%	0.02%
	44.56%	44.46%	44.57%	44.47%	43.99%	43.78%	43.77%	43.70%	43.80%
No. of Shareholders	5,305	5,275	5,245	5,203	5,243	7,463	6,309	9,567	10,825

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

All

Annual reports

Credit ratings

Concalls

May 2025

Transcript

Notes
PPT
Feb 2025

Transcript

Notes
PPT
Nov 2024

Transcript

Notes
PPT
Nov 2024

Transcript

Notes
PPT
Aug 2024

Transcript

Notes
PPT
Jun 2024

Transcript

Notes
PPT
Mar 2024

Transcript

Notes
PPT
Feb 2024

Transcript

Notes
PPT
Jan 2024

Transcript

Notes
PPT
Nov 2023

Transcript

Notes
PPT
Aug 2023

Transcript

Notes
PPT
Jun 2023

Transcript

Notes
PPT