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Hi-Tech Gears NSEI:HITECHGEAR Stock Report

Last Price

₹833.00

Market Cap

₹15.5b

7D

-3.0%

1Y

82.8%

Updated

25 Dec, 2024

Data

Company Financials

The Hi-Tech Gears Limited

NSEI:HITECHGEAR Stock Report

Market Cap: ₹15.5b

HITECHGEAR Stock Overview

Manufactures and sells auto components to automobile manufacturers and Tier 1 and 2 suppliers in India, the United States, and internationally. More details

HITECHGEAR fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends4/6

My Notes

Capture your thoughts, links and company narrative

The Hi-Tech Gears Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Hi-Tech Gears
Historical stock prices
Current Share Price₹833.00
52 Week High₹1,280.45
52 Week Low₹398.60
Beta1.45
1 Month Change6.88%
3 Month Change-2.83%
1 Year Change82.78%
3 Year Change236.23%
5 Year Change395.98%
Change since IPO1,593.09%

Recent News & Updates

We Think Shareholders Will Probably Be Generous With The Hi-Tech Gears Limited's (NSE:HITECHGEAR) CEO Compensation

Sep 20
We Think Shareholders Will Probably Be Generous With The Hi-Tech Gears Limited's (NSE:HITECHGEAR) CEO Compensation

Hi-Tech Gears' (NSE:HITECHGEAR) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 30
Hi-Tech Gears' (NSE:HITECHGEAR) Shareholders Will Receive A Bigger Dividend Than Last Year

Recent updates

We Think Shareholders Will Probably Be Generous With The Hi-Tech Gears Limited's (NSE:HITECHGEAR) CEO Compensation

Sep 20
We Think Shareholders Will Probably Be Generous With The Hi-Tech Gears Limited's (NSE:HITECHGEAR) CEO Compensation

Hi-Tech Gears' (NSE:HITECHGEAR) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 30
Hi-Tech Gears' (NSE:HITECHGEAR) Shareholders Will Receive A Bigger Dividend Than Last Year

Hi-Tech Gears' (NSE:HITECHGEAR) Dividend Will Be Increased To ₹5.00

Aug 09
Hi-Tech Gears' (NSE:HITECHGEAR) Dividend Will Be Increased To ₹5.00

Concerns Surrounding Hi-Tech Gears' (NSE:HITECHGEAR) Performance

Jun 06
Concerns Surrounding Hi-Tech Gears' (NSE:HITECHGEAR) Performance

Is Hi-Tech Gears (NSE:HITECHGEAR) Using Too Much Debt?

May 31
Is Hi-Tech Gears (NSE:HITECHGEAR) Using Too Much Debt?

Further Upside For The Hi-Tech Gears Limited (NSE:HITECHGEAR) Shares Could Introduce Price Risks After 26% Bounce

May 06
Further Upside For The Hi-Tech Gears Limited (NSE:HITECHGEAR) Shares Could Introduce Price Risks After 26% Bounce

Returns On Capital At Hi-Tech Gears (NSE:HITECHGEAR) Have Hit The Brakes

Apr 18
Returns On Capital At Hi-Tech Gears (NSE:HITECHGEAR) Have Hit The Brakes

The Market Lifts The Hi-Tech Gears Limited (NSE:HITECHGEAR) Shares 36% But It Can Do More

Mar 22
The Market Lifts The Hi-Tech Gears Limited (NSE:HITECHGEAR) Shares 36% But It Can Do More

Is Now The Time To Put Hi-Tech Gears (NSE:HITECHGEAR) On Your Watchlist?

Mar 19
Is Now The Time To Put Hi-Tech Gears (NSE:HITECHGEAR) On Your Watchlist?

We Think Hi-Tech Gears (NSE:HITECHGEAR) Can Stay On Top Of Its Debt

Feb 10
We Think Hi-Tech Gears (NSE:HITECHGEAR) Can Stay On Top Of Its Debt

Here's Why We Think Hi-Tech Gears (NSE:HITECHGEAR) Might Deserve Your Attention Today

Nov 17
Here's Why We Think Hi-Tech Gears (NSE:HITECHGEAR) Might Deserve Your Attention Today

Shareholders May Be More Conservative With The Hi-Tech Gears Limited's (NSE:HITECHGEAR) CEO Compensation For Now

Sep 22
Shareholders May Be More Conservative With The Hi-Tech Gears Limited's (NSE:HITECHGEAR) CEO Compensation For Now

The Returns At Hi-Tech Gears (NSE:HITECHGEAR) Aren't Growing

Jun 26
The Returns At Hi-Tech Gears (NSE:HITECHGEAR) Aren't Growing

Does Hi-Tech Gears (NSE:HITECHGEAR) Have A Healthy Balance Sheet?

Jun 03
Does Hi-Tech Gears (NSE:HITECHGEAR) Have A Healthy Balance Sheet?

Calculating The Fair Value Of The Hi-Tech Gears Limited (NSE:HITECHGEAR)

Jan 28
Calculating The Fair Value Of The Hi-Tech Gears Limited (NSE:HITECHGEAR)

We Think Hi-Tech Gears (NSE:HITECHGEAR) Is Taking Some Risk With Its Debt

Jan 01
We Think Hi-Tech Gears (NSE:HITECHGEAR) Is Taking Some Risk With Its Debt

Hi-Tech Gears' (NSE:HITECHGEAR) Shareholders Will Receive A Smaller Dividend Than Last Year

Sep 02
Hi-Tech Gears' (NSE:HITECHGEAR) Shareholders Will Receive A Smaller Dividend Than Last Year

Hi-Tech Gears (NSE:HITECHGEAR) Will Pay A Smaller Dividend Than Last Year

Aug 11
Hi-Tech Gears (NSE:HITECHGEAR) Will Pay A Smaller Dividend Than Last Year

There Are Reasons To Feel Uneasy About Hi-Tech Gears' (NSE:HITECHGEAR) Returns On Capital

Apr 05
There Are Reasons To Feel Uneasy About Hi-Tech Gears' (NSE:HITECHGEAR) Returns On Capital

Does Hi-Tech Gears (NSE:HITECHGEAR) Have A Healthy Balance Sheet?

Dec 03
Does Hi-Tech Gears (NSE:HITECHGEAR) Have A Healthy Balance Sheet?

Hi-Tech Gears (NSE:HITECHGEAR) Will Want To Turn Around Its Return Trends

Sep 08
Hi-Tech Gears (NSE:HITECHGEAR) Will Want To Turn Around Its Return Trends

Hi-Tech Gears (NSE:HITECHGEAR) May Have Issues Allocating Its Capital

May 18
Hi-Tech Gears (NSE:HITECHGEAR) May Have Issues Allocating Its Capital

Insider Buying: Aabha Kapuria Just Spent ₹77k On The Hi-Tech Gears Limited (NSE:HITECHGEAR) Shares

Mar 12
Insider Buying: Aabha Kapuria Just Spent ₹77k On The Hi-Tech Gears Limited (NSE:HITECHGEAR) Shares

Reflecting on Hi-Tech Gears' (NSE:HITECHGEAR) Share Price Returns Over The Last Three Years

Feb 06
Reflecting on Hi-Tech Gears' (NSE:HITECHGEAR) Share Price Returns Over The Last Three Years

Shareholder Returns

HITECHGEARIN Auto ComponentsIN Market
7D-3.0%-2.9%-3.2%
1Y82.8%22.6%18.7%

Return vs Industry: HITECHGEAR exceeded the Indian Auto Components industry which returned 22.6% over the past year.

Return vs Market: HITECHGEAR exceeded the Indian Market which returned 18.7% over the past year.

Price Volatility

Is HITECHGEAR's price volatile compared to industry and market?
HITECHGEAR volatility
HITECHGEAR Average Weekly Movement5.3%
Auto Components Industry Average Movement5.4%
Market Average Movement6.2%
10% most volatile stocks in IN Market9.1%
10% least volatile stocks in IN Market4.1%

Stable Share Price: HITECHGEAR has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: HITECHGEAR's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1986552Pranav Kapuriawww.thehitechgears.com

The Hi-Tech Gears Limited manufactures and sells auto components to automobile manufacturers and Tier 1 and 2 suppliers in India, the United States, and internationally. It offers transmission and engine components, driveline components, steering linkage, power take off components, and engineering design services for two wheelers, light vehicles, commercial vehicles, and off highway vehicles, as well as engine gears. The company also develops products and services in the field of robotics, artificial intelligence, automotive embedded systems, and computer vision and biometrics.

The Hi-Tech Gears Limited Fundamentals Summary

How do Hi-Tech Gears's earnings and revenue compare to its market cap?
HITECHGEAR fundamental statistics
Market cap₹15.54b
Earnings (TTM)₹565.17m
Revenue (TTM)₹10.67b

27.5x

P/E Ratio

1.5x

P/S Ratio

Is HITECHGEAR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HITECHGEAR income statement (TTM)
Revenue₹10.67b
Cost of Revenue₹5.50b
Gross Profit₹5.17b
Other Expenses₹4.60b
Earnings₹565.17m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)30.10
Gross Margin48.42%
Net Profit Margin5.30%
Debt/Equity Ratio28.4%

How did HITECHGEAR perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

8%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 22:07
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

The Hi-Tech Gears Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harini V.FirstCall Research