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The Hi-Tech Gear

  • Market Cap: Small Cap
  • Industry: Auto Ancillary
  • ISIN: INE127B01011
  • NSEID: HITECHGEAR
  • BSEID: 522073
INR
602.70
28.7 (5.0%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 5.66 k

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

550.15602.70

52 Week

523.051,275.75
Valuation
Technical
Day's Volume

CASH

5.66 k (140.67%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 2 FIIs

DII

0.02%

Held by 0 DIIs

Promoter

56.23%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 8.18%

  • Poor long term growth as Net Sales has grown by an annual rate of 4.62% and Operating profit at 6.33% over the last 5 years
  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.06 times
2

Negative results in Dec 24

3

Stock is technically in a Bearish range

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Auto Ancillary

stock-summary
Market cap

INR 1,133 Cr (Small Cap)

stock-summary
P/E

22.00

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

0.87%

stock-summary
Debt Equity

0.43

stock-summary
Return on Equity

11.57%

stock-summary
Price to Book

2.20

Revenue and Profits (1 Year):
Net Sales:
205 Cr
(Quarterly Results - Dec 2024)
Net Profit:
7 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.87%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-31.51%
0%
-31.51%
1 Year
-28.94%
0.45%
-28.49%
2 Years
127.18%
2.95%
130.13%
3 Years
150.5%
4.84%
155.34%
4 Years
261.01%
6.02%
267.03%
5 Years
602.86%
14.67%
617.53%

Latest dividend: 5 per share ex-dividend date: Sep-19-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
4.62%
EBIT Growth (5y)
6.33%
EBIT to Interest (avg)
1.98
Debt to EBITDA (avg)
3.79
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.27
Tax Ratio
27.32%
Dividend Payout Ratio
8.22%
Pledged Shares
0
Institutional Holding
0.02%
ROCE (avg)
8.06%
ROE (avg)
6.13%
Valuation key factors
Factor
Value
P/E Ratio
22
Industry P/E
28
Price to Book Value
2.20
EV to EBIT
16.20
EV to EBITDA
9.00
EV to Capital Employed
1.84
EV to Sales
1.29
PEG Ratio
9.99
Dividend Yield
0.87%
ROCE (Latest)
13.54%
ROE (Latest)
11.57%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bullish
Mildly Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 2 FIIs (0.0%)

Promoter with highest holding

Deep Kapuria (16.59%)

Highest Public shareholder

Nemish S Shah (4.08%)

Individual Investors Holdings

19.02%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -16.77% vs -5.46% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -27.99% vs -33.01% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "205.06",
          "val2": "246.39",
          "chgp": "-16.77%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "26.54",
          "val2": "35.18",
          "chgp": "-24.56%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "4.93",
          "val2": "5.65",
          "chgp": "-12.74%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "6.87",
          "val2": "9.54",
          "chgp": "-27.99%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "13.23%",
          "val2": "14.60%",
          "chgp": "-1.37%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -7.33% vs -9.64% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -70.83% vs 1,990.26% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "507.02",
          "val2": "547.13",
          "chgp": "-7.33%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "76.13",
          "val2": "68.35",
          "chgp": "11.38%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "12.10",
          "val2": "22.87",
          "chgp": "-47.09%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "77.16",
          "chgp": "-100.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "23.78",
          "val2": "81.52",
          "chgp": "-70.83%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "15.35%",
          "val2": "12.76%",
          "chgp": "2.59%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -13.17% vs -7.10% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -68.22% vs 1,390.42% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "712.08",
          "val2": "820.04",
          "chgp": "-13.17%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "102.67",
          "val2": "109.11",
          "chgp": "-5.90%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "17.03",
          "val2": "31.08",
          "chgp": "-45.21%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "77.06",
          "chgp": "-100.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "30.65",
          "val2": "96.43",
          "chgp": "-68.22%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "14.42%",
          "val2": "13.31%",
          "chgp": "1.11%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -5.33% vs 20.46% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 394.37% vs 2,200.91% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,106.90",
          "val2": "1,169.23",
          "chgp": "-5.33%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "149.93",
          "val2": "141.33",
          "chgp": "6.09%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "37.77",
          "val2": "33.17",
          "chgp": "13.87%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "114.25",
          "val2": "23.11",
          "chgp": "394.37%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "13.83%",
          "val2": "12.39%",
          "chgp": "1.44%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
205.06
246.39
-16.77%
Operating Profit (PBDIT) excl Other Income
26.54
35.18
-24.56%
Interest
4.93
5.65
-12.74%
Exceptional Items
0.00
0.00
Consolidate Net Profit
6.87
9.54
-27.99%
Operating Profit Margin (Excl OI)
13.23%
14.60%
-1.37%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -16.77% vs -5.46% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is -27.99% vs -33.01% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
507.02
547.13
-7.33%
Operating Profit (PBDIT) excl Other Income
76.13
68.35
11.38%
Interest
12.10
22.87
-47.09%
Exceptional Items
0.00
77.16
-100.00%
Consolidate Net Profit
23.78
81.52
-70.83%
Operating Profit Margin (Excl OI)
15.35%
12.76%
2.59%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -7.33% vs -9.64% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is -70.83% vs 1,990.26% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
712.08
820.04
-13.17%
Operating Profit (PBDIT) excl Other Income
102.67
109.11
-5.90%
Interest
17.03
31.08
-45.21%
Exceptional Items
0.00
77.06
-100.00%
Consolidate Net Profit
30.65
96.43
-68.22%
Operating Profit Margin (Excl OI)
14.42%
13.31%
1.11%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -13.17% vs -7.10% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is -68.22% vs 1,390.42% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
1,106.90
1,169.23
-5.33%
Operating Profit (PBDIT) excl Other Income
149.93
141.33
6.09%
Interest
37.77
33.17
13.87%
Exceptional Items
0.00
0.00
Consolidate Net Profit
114.25
23.11
394.37%
Operating Profit Margin (Excl OI)
13.83%
12.39%
1.44%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -5.33% vs 20.46% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 394.37% vs 2,200.91% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About The Hi-Tech Gears Ltd stock-summary
stock-summary
The Hi-Tech Gears Ltd
Small Cap
Auto Ancillary
Incorporated in 1986, Hi-Tech Gears Limited (HTGL) manufactures automotive gears and shafts at Bhiwadi, Rajasthan, mainly for Hero Honda Motors (HHML). The Company is an auto component manufacturer (a Tier 1 supplier). Over a period of time, it acquired additional equipments to cater to the requirement of gears and shafts for HHML and other original equipment manufacturers. The Company is engaged in the business of gears and transmission components.
Company Coordinates stock-summary
Company Details
Plot No 24 25 & 26, Sector-7 IMT Manesar Gurgaon Haryana : 120050
stock-summary
Tel: 91-124-4715200
stock-summary
http://www.hitechgears.com
stock-summary
secretarial@hitechgears.com
Registrar Details
MAS Services Ltd, T-34 , 2nd Floor, Okhla Industrial Area, Phase - II, New Delhi
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