The Hi-Tech Gears Ltd.
Snapshot View

321.25 -10.30 ▼-3.1%

05 August 2021, 04:00:00 P.M.
Volume: 4,866

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Auto Ancillary Compare with Industry peers
Website http://www.hitechgears.com
Financial Indicators
Market Cap 606.86 Cr.
Earnings per share (EPS) 15.34 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 21.08 Trailing Twelve Months Ending 2021-03
Industry PE 71.33 Trailing Twelve Months Ending 2021-03
Book Value / Share 170.90 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.89 Calculated using Price: 323.35
Dividend Yield 0.62 Period Ending 2020-03
No. of Shares Subscribed 1.88 Cr. 18,768,000 Shares
FaceValue 10
Company Profile

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.

Business division

Forging- Company manufacturing unit is capable of hot, warm and cold forging and extrusion of precision components.

Company also conducts machining of various critical engines, transmission, CDRI and other machined parts. Under machining it is capable of gear honning, gear grinding, shaving, wet and dry hobbing, deep hole drilling, automatic straightening and roll forming etc.

Company has a die shop equipped with CAM facilities for Milling, EDM etc.

Milestone

1986-90- Company was incorporated and commenced production in the same year company

1991-95 Company entered into a technical tie up with Honda motors, Japan. The same year company commenced backward integration production in ForgeShop. Company entered into technical partnership with GETRAG. In the same period company installed hi-end engineering software.

1996-2000-Company received ISO-9002 certification. Company started engineering software division–Hi-Tech e Soft. In order to set up export oriented unit company entered into a JV with GETRAG.

2001-2005 Company launched an initiative of lean manufacturing. It also set up a manufacturing facility at Manesar. In collaboration with GETRAG, company launched an international purchase office in India.

2006- New plant was set up at west and south India. Company expanded its robotic and engineering division.

Future Plans

Hi-Tech Gears plans to strengthen its in-house designing facilities, introduce processes for improvement of quality and quantity of the products and focus on widening it product presence in the domestic and international markets.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-3.11%
1 Week
-3.79%
1 Month
+8.84%
3 Month
+75.35%
6 Month
+63.74%
1 Year
+187.86%
2 Year
+91.33%
5 Year
+5.69%
8 years 2004-03 2005-03 2006-03 2007-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 16.59 24.15 15.24 19.65 16.33 15.48 13.88 3.02
Return on Capital Employed (%) 20.19 20.77 13.22 16.39 11.01 13.32 13.35 7.78
Return on Assets (%) 5.89 7.11 3.55 4.40 4.53 4.71 4.32 0.98

Balance Sheet View Details

Particulars 4 years 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 201 241 272 276
Non Curr. Liab. 252 295 326 318
Curr. Liab. 238 228 287 217
Minority Int.
Equity & Liab. 692 764 884 812
Non Curr. Assets 421 445 504 510
Curr. Assets 271 319 380 302
Misc. Exp. not W/O
Total Assets 692 764 884 812

Profit Loss View Details

Particulars 4 years 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 471 749 914 722
Other Income 7 20 17 11
Total Income 478 768 931 733
Total Expenditure -415 -654 -800 -638
PBIDT 63 114 130 95
Interest -4 -24 -29 -33
Depreciation -26 -39 -42 -43
Taxation -12 -17 -23 -11
Exceptional Items
PAT 20 34 36 8

Cash Flow View Details

Particulars 4 years 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 54 15 47 184
Cash Fr. Inv. -119 -72 -85 -40
Cash Fr. Finan. 26 18 60 -151
Net Change -40 -39 22 -7
Cash & Cash Eqvt 63 25 47 40

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 55.32 55.39 55.53 55.53 55.53 55.62 55.70 56.00 56.00
Public 44.68 44.61 44.47 44.47 44.47 44.38 44.30 44.00 44.00
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

Announcements View Details

Sat, 31 Jul 2021
Board Meeting Intimation for Consideration And Approval Of Un-Audited Financial Results (Standalone And Consolidated) Of The Company For The Quarter Ended June 30 2021 <BR>
The Hi-Tech Gears Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/08/2021 inter alia to consider and approve 1. Un-audited (Standalone and Consolidated) Financial Results of the Company for the quarter ended June 30 2021.

2. Any other matter with the consent of the Chair and other Directors present.

Wed, 28 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication

Pursuant to the provisions of Section 124 and 125 of the Companies Act 2013 read with Investor Education and Protection Fund Authority (Accounting Audit Transfer and Refund) Rules 2016 and applicable regulations of SEBI (LODR) Regulations 2015 please find enclosed herewith an intimation in the form of Public Notice to the identified shareholder whose equity shares are qualified for transfer to Investor Education and Protection Fund (IEPF) Authority account as required published in the following newspapers:-

Business Standard (National Daily Newspaper in English) - July 28 2021
Business Standard New Delhi NCT of Delhi and Haryana - July 28 2021
(Regional Daily Newspaper in Hindi)

You are requested to take the above information on records and oblige.
Tue, 27 Jul 2021
Disclosure Of Related Party Transactions Pursuant To Regulation 23(9) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 ('Listing Regulations') For The Half Year Ended March 31 2021
Dear Sir/Maam
Pursuant to Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 please find enclosed the disclosure of Related Party Transactions on a consolidated basis for the half year ended March 31 2021.

You are requested to take the above on record and oblige.

Technical Scans View Details

Thu, 05 Aug 2021
High Delivery Percentage High Delivery Percentage
Making Lower Lows for 3 days Making Lower Lows for 3 days
Close Within 52 Week High Zone Close Within 52 Week High Zone
Wed, 04 Aug 2021
Higher Delivery Quantity Higher Delivery Quantity
Higher Trade Quantity Higher Trade Quantity

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