The Hi-Tech Gears Ltd

₹ 581 -0.08%

10 Jun - close price

hitechgears.com BSE: 522073 NSE: HITECHGEAR

About

Incorporated in 1986, Hi-Tech Gears Ltd is an auto component manufacturer and a Tier 1 supplier^[1]

Key Points

Business Overview:^[1]
THGL is an auto component manufacturer which supplies engine and transmission components to various OEMs in India and abroad

Website BSE NSE - BE

Market Cap ₹ 1,092 Cr.
Current Price ₹ 581
High / Low ₹ 897 / 521
Stock P/E 52.1
Book Value ₹ 278
Dividend Yield 0.86 %
ROCE 6.92 %
ROE 4.17 %
Face Value ₹ 10.0

Add ratio to table

Edit ratios

Pros

Cons

The company has delivered a poor sales growth of 4.03% over past five years.
Company has a low return on equity of 8.00% over last 3 years.
Company might be capitalizing the interest cost
Dividend payout has been low at 10.5% of profits over last 3 years
Working capital days have increased from 44.8 days to 63.0 days

* 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

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
	286.55	263.50	283.64	272.91	286.87	260.63	246.39	205.06	214.88	215.55	240.74	223.52	228.62
	253.37	230.29	248.50	232.16	246.04	219.69	211.21	178.51	181.66	189.40	212.94	201.60	203.39
Operating Profit	33.18	33.21	35.14	40.75	40.83	40.94	35.18	26.55	33.22	26.15	27.80	21.92	25.23
OPM %	11.58%	12.60%	12.39%	14.93%	14.23%	15.71%	14.28%	12.95%	15.46%	12.13%	11.55%	9.81%	11.04%
	0.94	3.09	78.45	2.07	3.33	2.41	1.91	3.10	4.30	4.55	2.37	3.07	4.39
Interest	8.73	9.00	13.87	8.21	6.69	6.45	5.65	4.93	4.34	3.79	3.57	3.89	3.60
Depreciation	15.13	15.01	15.02	14.87	16.28	15.59	16.00	15.95	15.93	16.40	17.01	17.97	15.97
Profit before tax	10.26	12.29	84.70	19.74	21.19	21.31	15.44	8.77	17.25	10.51	9.59	3.13	10.05
Tax %	-62.18%	24.33%	14.75%	24.52%	15.90%	33.18%	38.21%	21.66%	43.65%	42.91%	37.33%	72.84%	19.30%
	16.64	9.30	72.22	14.91	17.83	14.24	9.54	6.87	9.72	6.00	6.01	0.86	8.11
EPS in Rs	8.87	4.96	38.48	7.94	9.50	7.58	5.08	3.66	5.17	3.19	3.20	0.46	4.31
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	Mar 2026
	195	471	749	914	722	746	971	1,169	1,107	927	908
	178	415	654	800	638	656	889	1,028	957	791	807
Operating Profit	17	56	95	113	84	90	82	141	150	136	101
OPM %	9%	12%	13%	12%	12%	12%	8%	12%	14%	15%	11%
	7	7	20	17	11	10	8	8	87	12	14
Interest	5	4	24	29	33	23	26	33	38	21	15
Depreciation	9	26	39	42	43	43	52	82	61	63	67
Profit before tax	9	33	52	59	19	34	11	34	138	63	33
Tax %	40%	38%	34%	39%	56%	15%	110%	32%	17%	36%	37%
	6	20	34	36	8	29	-1	23	114	40	21
EPS in Rs		10.73	18.24	18.96	4.41	15.34	-0.59	12.31	60.84	21.48	11.15
Dividend Payout %	42%	23%	19%	18%	34%	13%	-256%	20%	8%	23%	0%

Compounded Sales Growth
10 Years:	%
5 Years:	4%
3 Years:	-8%
TTM:	-2%

Compounded Profit Growth
10 Years:	%
5 Years:	-6%
3 Years:	-2%
TTM:	-47%

Stock Price CAGR
10 Years:	9%
5 Years:	20%
3 Years:	15%
1 Year:	-26%

Return on Equity
10 Years:	8%
5 Years:	6%
3 Years:	8%
Last Year:	4%

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	Mar 2026
Equity Capital	9	19	19	19	19	19	19	19	19	19	19
Reserves	30	183	222	253	257	302	312	336	447	465	504
	90	319	366	440	352	427	471	457	298	202	183
	52	160	128	155	161	174	201	171	144	118	134
Total Liabilities	181	680	734	867	789	922	1,002	983	908	804	839
	105	403	423	444	446	468	528	496	462	445	436
CWIP	7	11	13	19	34	71	38	13	4	1	7
Investments	0	0	0	4	8	10	12	12	12	1	1
	70	267	298	400	301	373	424	462	430	357	396
Total Assets	181	680	734	867	789	922	1,002	983	908	804	839

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	Mar 2026
	15	54	15	47	184	37	56	54	117	149	86
	-48	-119	-72	-85	-40	-51	-56	-41	143	-1	-34
	33	26	18	60	-151	25	11	-41	-280	-150	-57
Net Cash Flow	1	-40	-39	22	-7	12	10	-27	-19	-3	-5
Free Cash Flow	-32	39	-48	-39	156	-21	-3	32	254	126	54
CFO/OP	101%	120%	39%	54%	230%	56%	86%	53%	90%	122%	99%

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	Mar 2026
Debtor Days	34	82	75	68	46	73	65	65	66	60	70
Inventory Days	124	85	66	87	92	91	88	75	79	99	112
Days Payable	158	86	75	79	102	112	109	73	69	66	80
Cash Conversion Cycle	0	81	66	76	37	52	45	67	76	93	101
Working Capital Days	39	-30	24	14	8	7	-7	-5	23	49	63
ROCE %			13%	12%	8%	8%	5%	8%	12%	12%	7%

Insights

In beta

Mar 2014

Mar 2015

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Number of Manufacturing Plants
Number

	x	x	x	x	x	x	x	x	x	x
xxx.xx	xxx.xx		x,xxx.xx	x,xxx.xx	x,xxx.xx	x,xxx.xx	x,xxx.xx	x,xxx.xx	x,xxx.xx	x,xxx.xx
			xxx	xxx	x,xxx	xxx	xxx	x,xxx	xxx
								x,xxx	x,xxx	xxx
								xx	xx	xx
								xx	xx	xx
								xx	xx	xx

Please log in to see hidden values.

Revenue from Exports (Standalone)
INR Million ・Standalone data

Total Employees (Approximate)
Number ・Includes some standalone data

New Business Wins (Annualized)
INR Million ・Includes some standalone data

Revenue Contribution - International Markets
%

Revenue Contribution - Passenger Vehicles
%

Revenue Contribution - Two Wheelers
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
	56.26%	56.26%	56.26%	56.23%	56.23%	56.23%	56.23%	56.19%	56.19%	56.19%	56.19%	56.12%
	0.00%	0.02%	0.00%	0.06%	0.01%	0.00%	0.00%	0.01%	0.00%	0.00%	0.00%	0.00%
	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
	43.72%	43.69%	43.73%	43.70%	43.75%	43.75%	43.75%	43.80%	43.79%	43.80%	43.80%	43.85%
No. of Shareholders	7,176	7,414	7,284	9,567	11,872	11,841	11,227	10,825	10,551	10,216	9,852	9,571

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	55.30%	55.30%	55.30%	55.53%	56.00%	56.22%	56.22%	56.23%	56.19%	56.12%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.06%	0.01%	0.00%
	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%	0.00%	0.02%	0.02%	0.02%	0.02%
	44.56%	44.46%	44.57%	44.47%	43.99%	43.78%	43.77%	43.70%	43.80%	43.85%
No. of Shareholders	5,305	5,275	5,245	5,203	5,243	7,463	6,309	9,567	10,825	9,571

* 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

Jun 2026

Transcript

AI Summary
PPT
Feb 2026

Transcript

AI Summary
PPT
Nov 2025

Transcript

AI Summary
PPT
Aug 2025

Transcript

AI Summary
PPT
May 2025

Transcript

AI Summary
PPT
Feb 2025

Transcript

AI Summary
PPT
Nov 2024

Transcript

AI Summary
PPT
Nov 2024

Transcript

AI Summary
PPT
Aug 2024

Transcript

AI Summary
PPT
Jun 2024

Transcript

AI Summary
PPT
Mar 2024

Transcript

AI Summary
PPT
Feb 2024

Transcript

AI Summary
PPT
Jan 2024

Transcript

AI Summary
PPT
Nov 2023

Transcript

AI Summary
PPT
Aug 2023

Transcript

AI Summary
PPT
Jun 2023

Transcript

AI Summary
PPT