The Hi-Tech Gears Ltd
NSE: HITECHGEAR BSE: 522073
The Hi-Tech Gears Ltd (HITECHGEAR) is a Diversified company listed on NSE: HITECHGEAR | BSE: 522073. With a market cap of ₹1,068 Cr and ROCE of 12.8%, ROE of 10.3%, it operates in the Indian Diversified sector.
₹568
52W: ₹521 — ₹897
PE 29.2 · Book ₹255 · +123% vs bookMarket Cap₹1,068 Cr
Stock P/E29.2Price to Earnings
ROCE12.8%Return on Capital
ROE10.3%Return on Equity
Div. Yield0.88%Face Value ₹10
Strengths
- +Company has reduced debt.
- +Company is almost debt free.
Weaknesses
- −The company has delivered a poor sales growth of 5.24% over past five years.
- −Company has a low return on equity of 11.6% over last 3 years.
Shareholding Pattern
Promoters56.12%
FIIs0%
DIIs0%
Public43.85%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 56.23% | 56.23% | 56.23% | 56.19%▼0.0 | 56.19% | 56.19% | 56.19% | 56.12%▼0.1 |
| FIIs | 0.01% | 0%▼0.0 | 0% | 0.01%▲0.0 | 0%▼0.0 | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 43.75% | 43.75% | 43.75% | 43.8%▲0.0 | 43.79%▼0.0 | 43.8%▲0.0 | 43.8% | 43.85%▲0.1 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 203.27 | 193.55 | 202.97 | 179.37 | 173.05 | 145.57 | 159.63 | 159.12 | 174.09 | 160.34 |
| Expenses | 177.76 | 164.7 | 175.78 | 151.62 | 147.56 | 127.22 | 135.01 | 139.47 | 154.34 | 144.22 |
| Operating Profit | 25.51 | 28.85 | 27.19 | 27.75 | 25.49 | 18.35 | 24.62 | 19.65 | 19.75 | 16.12 |
| OPM % | 12.55% | 14.91% | 13.4% | 15.47% | 14.73% | 12.61% | 15.42% | 12.35% | 11.34% | 10.05% |
| Net Profit | 10.07 | 12.68 | 16.22 | 14.37 | 12.18 | 7.47 | 13.36 | 9.39 | 7.98 | 5.8 |
| EPS ₹ | 5.37 | 6.76 | 8.64 | 7.65 | 6.49 | 3.98 | 7.11 | 5 | 4.25 | 3.09 |
AI Insights
Revenue Trend
TTM revenue at ₹653Cr, down 0.8% YoY. OPM at 12%.
Debt Position
Borrowings at ₹42Cr. Debt-to-equity ratio: 0.09x. Healthy balance sheet.
Capex Cycle
CWIP at ₹4Cr (2% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 0% (+0.00pp change). FIIs: 0% (+0.00pp change). Promoters hold 56.12%.
Margin & Efficiency
ROCE improving from 13% (Mar 2014) to 13% (Mar 2025). Working capital days: 52.
Valuation
PE 29.2x with 12.8% ROCE. Price is 123% above book value of ₹255. Dividend yield: 0.88%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO) 25 Apr - Mr. Vinod Raheja resigned as CFO and KMP on April 25, 2026.
- Announcement under Regulation 30 (LODR)-Change in Management 25 Apr - CFO Vinod Raheja resigned on April 25, 2026; resignation accepted immediately.
- Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP) 22 Apr - NCLAT continued interim stay on CIRP; next hearing on July 10, 2026.
- Non-Applicability Of SEBI Circular On Entities Identified As Large Corporate: Initial Disclosure For FY 2026-27. 22 Apr - Company confirms it is not a SEBI Large Corporate for FY 2026-27 debt disclosure.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 7 Apr - Special Window for Re-lodgment of transfer requests of physical shares.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse