The Hi-Tech Gears Ltd.

1160.00 +54.20 ▲4.9%

25 April 2024, 04:01:00 PM
Volume: 20,223

Company Profile

Sector Automobile & Ancillaries Sector Icon Automobile & Ancillaries Compare with Sector peers
Industry Auto Ancillary Industry Icon Auto Ancillary Compare with Industry peers
Website http://www.hitechgears.com
Market Cap 2,178.27 Cr.
Enterprise Value(EV) 2,361.58 Cr. 2023-09
Financial Indicators
Earnings per share (EPS) 60.22 Trailing Twelve Months Ending 2023-12
Price-Earning Ratio (PE) 19.26 Trailing Twelve Months Ending 2023-12
Industry PE 39.79 Trailing Twelve Months Ending 2023-12
Book Value / Share 239.46 Trailing Twelve Months Ending 2023-12
Price to Book Value 4.84 Calculated using Price: 1,160.00
Dividend Yield 0.22 Period Ending 2023-03
No. of Shares Subscribed 1.88 Cr. 18,778,186 Shares
FaceValue 10
About The Hi-Tech Gears Ltd.
Hi Tech Gears incorporated in 1986 is engaged in the business of manufacturing an auto component. The company is part of Hi-Tech Group that has business interest in area of robotics, artificial intelligence and machine vision technologies.

The Hi-Tech Gears Ltd. Delivery

Delivered Qty
Traded Qty

The Hi-Tech Gears Ltd. Performance

1 Day
+4.90%
1 Week
+20.06%
1 Month
+74.45%
3 Month
+150.78%
6 Month
+214.28%
1 Year
+346.33%
2 Year
+416.24%
5 Year
+306.80%
10 Year
+1136.01%

The Hi-Tech Gears Ltd. Fundamental Ratios

9 years 2006-03 2007-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03 2023-03
Return on Equity (%) 15.24 19.65 16.33 15.48 13.88 3.02 9.64 -0.34 6.75
Return on Capital Employed (%) 13.22 16.39 11.01 13.32 13.35 7.78 8.33 4.82 8.32
Return on Assets (%) 3.55 4.4 4.53 4.71 4.32 0.98 3.32 -0.11 2.34

The Hi-Tech Gears Ltd. Balance Sheet

Particulars 8 years 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-09* Rs. Cr.
Shh. Funds 201 241 272 276 321 331 354 435
Non Curr. Liab. 252 295 326 318 341 330 239 146
Curr. Liab. 238 228 287 217 261 342 384 359
Minority Int.
Equity & Liab. 692 764 884 812 922 1,002 977 939
Non Curr. Assets 421 445 504 510 569 592 531 507
Curr. Assets 271 319 380 302 353 410 446 432
Misc. Exp. not W/O
Total Assets 692 764 884 812 922 1,002 977 939

The Hi-Tech Gears Ltd. Profit and Loss

Particulars 8 years 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-12 Rs. Cr. TTM
Net Sales 471 749 914 722 746 971 1,169 1,107
Other Income 7 20 17 11 10 8 8 7
Total Income 478 768 931 733 756 979 1,177 1,114
Total Expenditure -415 -654 -800 -638 -656 -889 -1,028 -964
PBIDT 63 114 130 95 100 90 149 150
Interest -4 -24 -29 -33 -23 -26 -33 -40
Depreciation -26 -39 -42 -43 -43 -52 -82 -60
Taxation -12 -17 -23 -11 -5 -12 -11 -14
Exceptional Items 77
PAT 20 34 36 8 29 -1 23 113
Minority Interest
Share Associate
Other Related Items
Consolidated Net Profit 20 34 36 8 29 -1 23 113
Adjusted EPS 11 18 19 4 15 -1 12 60

The Hi-Tech Gears Ltd. Cash Flow

Particulars 7 years 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr.
Cash Fr. Operatn. 54 15 47 184 37 56 54
Cash Fr. Inv. -119 -72 -85 -40 -51 -56 -41
Cash Fr. Finan. 26 18 60 -151 25 11 -41
Net Change -40 -39 22 -7 12 10 -27
Cash & Cash Eqvt 63 25 47 40 51 61 33

The Hi-Tech Gears Ltd. Shareholding Pattern

9 Qtrs 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%) 2023-12 (%) 2024-03 (%)
Promoter 56.22 56.22 56.22 56.22 56.22 56.26 56.26 56.26 56.23
Public 43.78 43.78 43.78 43.78 43.78 43.74 43.74 43.74 43.77
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
No. of Shareholders (in Lacs)

The Hi-Tech Gears Ltd. Announcements

Fri, 19 Apr 2024
Compliance Certificate Pursuant To Regulation 40(9) & 40(10) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.
Pursuant to Reg. 40 (9) & (10) of SEBI (LODR) Regulations 2015 we hereby enclosed the Compliance certificate issued by Practicing Company Secretary in respect of our Company for the financial year ended on March 31 2024.
Wed, 17 Apr 2024
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompanyThe Hi-Tech Gears Ltd
2CIN NO.L29130HR1986PLC081555
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 48.67
4Highest Credit Rating during the previous FY BBB+Positive
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CRISIL LTD.
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No



Name of the Company Secretary: Naveen Jain
Designation: Company Secretary and Compliance Officer
EmailId: Naveen.jain@thehitechgears.com
Name of the Chief Financial Officer: Kapil Rajora
Designation: Chief Financial Officer
EmailId: kapil.rajora@thehitechgears.com

Date: 17/04/2024

Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Fri, 12 Apr 2024
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Certificate under Regulation 74(5) of SEBI (DP) Regulations 2018.

The Hi-Tech Gears Ltd. Technical Scans

Thu, 25 Apr 2024
Opening at Low Opening at Low
Closing Above Previous High Closing Above Previous High
Making Lower Lows for 3 days Making Lower Lows for 3 days
Close Within 52 Week High Zone Close Within 52 Week High Zone
Making Lower Lows for 2 Days Making Lower Lows for 2 Days

The Hi-Tech Gears Ltd. Related Stocks

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. 405,579.32 12,922.50 -0.2%
Tata Motors Ltd. 332,639.80 1,001.25 +1.0%
Mahindra & Mahindra Ltd. 260,587.68 2,096.85 +1.9%
Bajaj Auto Ltd. 243,892.83 8,734.90 +0.4%
Eicher Motors Ltd. 125,904.04 4,615.20 +1.9%
TVS Motor Company Ltd. 95,323.85 2,005.75 +2.1%
Hero MotoCorp Ltd. 89,964.78 4,498.30 +2.4%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-12 33.33 12,922.50 -0.2%
Tata Motors Ltd. Consolidated 2023-12 17.15 1,001.25 +1.0%
Mahindra & Mahindra Ltd. Consolidated 2023-12 23.37 2,096.85 +1.9%
Bajaj Auto Ltd. Consolidated 2024-03 31.64 8,734.90 +0.4%
Eicher Motors Ltd. Consolidated 2023-12 32.82 4,615.20 +1.9%
TVS Motor Company Ltd. Consolidated 2023-12 58.28 2,005.75 +2.1%
Hero MotoCorp Ltd. Consolidated 2023-12 24.89 4,498.30 +2.4%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-12 4.96 12,922.50 -0.2%
Tata Motors Ltd. Consolidated 2023-12 5.50 1,001.25 +1.0%
Mahindra & Mahindra Ltd. Consolidated 2023-12 4.12 2,096.85 +1.9%
Bajaj Auto Ltd. Consolidated 2024-03 8.42 8,734.90 +0.4%
Eicher Motors Ltd. Consolidated 2023-12 7.49 4,615.20 +1.9%
TVS Motor Company Ltd. Consolidated 2023-12 13.93 2,005.75 +2.1%
Hero MotoCorp Ltd. Consolidated 2023-12 4.81 4,498.30 +2.4%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 0.02 12,922.50 -0.2%
Tata Motors Ltd. Consolidated 2023-03 2.78 1,001.25 +1.0%
Mahindra & Mahindra Ltd. Consolidated 2023-03 1.58 2,096.85 +1.9%
Bajaj Auto Ltd. Consolidated 2023-03 0.00 8,734.90 +0.4%
Eicher Motors Ltd. Consolidated 2023-03 0.01 4,615.20 +1.9%
TVS Motor Company Ltd. Consolidated 2023-03 3.93 2,005.75 +2.1%
Hero MotoCorp Ltd. Consolidated 2023-03 0.02 4,498.30 +2.4%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 14.02 12,922.50 -0.2%
Tata Motors Ltd. Consolidated 2023-03 5.24 1,001.25 +1.0%
Mahindra & Mahindra Ltd. Consolidated 2023-03 22.09 2,096.85 +1.9%
Bajaj Auto Ltd. Consolidated 2023-03 20.50 8,734.90 +0.4%
Eicher Motors Ltd. Consolidated 2023-03 21.19 4,615.20 +1.9%
TVS Motor Company Ltd. Consolidated 2023-03 26.44 2,005.75 +2.1%
Hero MotoCorp Ltd. Consolidated 2023-03 17.26 4,498.30 +2.4%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 14.02 12,922.50 -0.2%
Tata Motors Ltd. Consolidated 2023-03 5.24 1,001.25 +1.0%
Mahindra & Mahindra Ltd. Consolidated 2023-03 22.09 2,096.85 +1.9%
Bajaj Auto Ltd. Consolidated 2023-03 20.50 8,734.90 +0.4%
Eicher Motors Ltd. Consolidated 2023-03 21.19 4,615.20 +1.9%
TVS Motor Company Ltd. Consolidated 2023-03 26.44 2,005.75 +2.1%
Hero MotoCorp Ltd. Consolidated 2023-03 17.26 4,498.30 +2.4%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 117,571.30 12,922.50 -0.2%
Tata Motors Ltd. Consolidated 2023-03 345,966.97 1,001.25 +1.0%
Mahindra & Mahindra Ltd. Consolidated 2023-03 121,268.55 2,096.85 +1.9%
Bajaj Auto Ltd. Consolidated 2023-03 36,455.38 8,734.90 +0.4%
Eicher Motors Ltd. Consolidated 2023-03 14,442.18 4,615.20 +1.9%
TVS Motor Company Ltd. Consolidated 2023-03 31,973.99 2,005.75 +2.1%
Hero MotoCorp Ltd. Consolidated 2023-03 34,158.38 4,498.30 +2.4%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 8,211.00 12,922.50 -0.2%
Tata Motors Ltd. Consolidated 2023-03 2,353.49 1,001.25 +1.0%
Mahindra & Mahindra Ltd. Consolidated 2023-03 11,374.48 2,096.85 +1.9%
Bajaj Auto Ltd. Consolidated 2023-03 6,060.21 8,734.90 +0.4%
Eicher Motors Ltd. Consolidated 2023-03 2,913.94 4,615.20 +1.9%
TVS Motor Company Ltd. Consolidated 2023-03 1,309.46 2,005.75 +2.1%
Hero MotoCorp Ltd. Consolidated 2023-03 2,799.90 4,498.30 +2.4%

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