Buy Or Sell Opportunity • Jun 01
Now 31% overvalued Over the last 90 days, the stock has fallen 1.5% to ₹10.69. The fair value is estimated to be ₹8.19, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • May 31
Full year 2026 earnings released Full year 2026 results: Revenue: ₹81.2m (up 17% from FY 2025). Net loss: ₹7.07m (loss widened ₹7.01m from FY 2025). Announcement • May 22
Hittco Tools Limited to Report Q4, 2026 Results on May 30, 2026 Hittco Tools Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 30, 2026 Board Change • Apr 07
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Additional Independent Director Ranjan Kotekar was the last independent director to join the board, commencing their role in 2026. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Mar 30
Hittco Tools Limited announced that it has received INR 6.1944 million in funding On March 28, 2026, Hittco Tools Limited closed the transaction. Reported Earnings • Feb 15
Third quarter 2026 earnings released: ₹0.43 loss per share (vs ₹0.27 loss in 3Q 2025) Third quarter 2026 results: ₹0.43 loss per share (further deteriorated from ₹0.27 loss in 3Q 2025). Revenue: ₹19.1m (up 23% from 3Q 2025). Net loss: ₹2.60m (loss widened 61% from 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Announcement • Feb 06
Hittco Tools Limited to Report Q3, 2026 Results on Feb 14, 2026 Hittco Tools Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 14, 2026 Buy Or Sell Opportunity • Feb 06
Now 32% overvalued Over the last 90 days, the stock has fallen 15% to ₹11.45. The fair value is estimated to be ₹8.68, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹10.25, the stock trades at a trailing P/E ratio of 69.8x. Average trailing P/E is 26x in the Machinery industry in India. Total loss to shareholders of 18% over the past three years. Reported Earnings • Nov 16
Second quarter 2026 earnings released: ₹0.41 loss per share (vs ₹0.48 loss in 2Q 2025) Second quarter 2026 results: ₹0.41 loss per share (improved from ₹0.48 loss in 2Q 2025). Revenue: ₹20.5m (up 49% from 2Q 2025). Net loss: ₹2.46m (loss narrowed 16% from 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance. Announcement • Nov 08
Hittco Tools Limited to Report Q2, 2026 Results on Nov 14, 2025 Hittco Tools Limited announced that they will report Q2, 2026 results on Nov 14, 2025 New Risk • Sep 25
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (2.2% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (8.1% average weekly change). Revenue is less than US$1m (₹73m revenue, or US$825k). Market cap is less than US$10m (₹86.5m market cap, or US$975.7k). Board Change • Sep 14
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Chairman Rajeev Hassanand was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Sep 05
Hittco Tools Limited, Annual General Meeting, Sep 30, 2025 Hittco Tools Limited, Annual General Meeting, Sep 30, 2025, at 11:00 Indian Standard Time. New Risk • Aug 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.2% average weekly change). Revenue is less than US$1m (₹69m revenue, or US$794k). Market cap is less than US$10m (₹91.5m market cap, or US$1.05m). Announcement • Aug 09
Hittco Tools Limited to Report Q1, 2026 Results on Aug 14, 2025 Hittco Tools Limited announced that they will report Q1, 2026 results on Aug 14, 2025 Reported Earnings • Jun 04
Full year 2025 earnings released: ₹0.08 loss per share (vs ₹0.30 profit in FY 2024) Full year 2025 results: ₹0.08 loss per share (down from ₹0.30 profit in FY 2024). Revenue: ₹73.7m (up 24% from FY 2024). Net loss: ₹63.0k (down 103% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance. Announcement • May 22
Hittco Tools Limited to Report Q4, 2025 Results on May 30, 2025 Hittco Tools Limited announced that they will report Q4, 2025 results on May 30, 2025 Board Change • May 05
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Rajeev Hassanand was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 09
Hittco Tools Limited Announces Resignation of Sarita Kirnani as Company Secretary and Compliance Officer, Effective 7Th April, 2025 Hittco Tools Limited announced that Ms. Sarita Kirnani resigned from the post of Company Secretary and Compliance officer of the Company on 7 April, 2025 to pursue opportunities outside the Company. Reported Earnings • Feb 15
Third quarter 2025 earnings released: ₹0.27 loss per share (vs ₹0.08 loss in 3Q 2024) Third quarter 2025 results: ₹0.27 loss per share (further deteriorated from ₹0.08 loss in 3Q 2024). Revenue: ₹15.5m (up 6.1% from 3Q 2024). Net loss: ₹1.62m (loss widened 242% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Announcement • Feb 08
Hittco Tools Limited to Report Q3, 2025 Results on Feb 14, 2025 Hittco Tools Limited announced that they will report Q3, 2025 results on Feb 14, 2025 New Risk • Jan 15
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.1% average weekly change). Revenue is less than US$1m (₹56m revenue, or US$647k). Market cap is less than US$10m (₹80.1m market cap, or US$927.1k). Minor Risk Shareholders have been diluted in the past year (2.1% increase in shares outstanding). New Risk • Nov 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (₹56m revenue, or US$660k). Market cap is less than US$10m (₹92.2m market cap, or US$1.09m). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Reported Earnings • Nov 20
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: ₹13.8m (down 7.3% from 2Q 2024). Net loss: ₹2.91m (down ₹3.07m from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Announcement • Nov 09
Hittco Tools Limited to Report Q2, 2025 Results on Nov 14, 2024 Hittco Tools Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Board Change • Oct 11
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Rajeev Hassanand was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Sep 13
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (₹57m revenue, or US$678k). Market cap is less than US$10m (₹83.2m market cap, or US$990.7k). Minor Risk Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Announcement • Sep 10
Hittco Tools Limited, Annual General Meeting, Sep 30, 2024 Hittco Tools Limited, Annual General Meeting, Sep 30, 2024, at 11:00 Indian Standard Time. Announcement • Aug 30
Hittco Tools Limited to Report Fiscal Year 2024 Final Results on Sep 05, 2024 Hittco Tools Limited announced that they will report fiscal year 2024 final results on Sep 05, 2024 Reported Earnings • Aug 17
First quarter 2025 earnings released First quarter 2025 results: Revenue: ₹13.0m (down 17% from 1Q 2024). Net loss: ₹3.40m (down ₹3.79m from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings. Announcement • Aug 15
Hittco Tools Limited Approves the Appointment of Rajeev Shantilal Desai as Additional Independent Director Hittco Tools Limited at its board of directors meeting held on August 14, 2024, as per the recommendations of the Nomination and Remuneration Committee, the Board approved the appointment of Mr. Rajeev Shantilal Desai, as Additional Independent Director on the board of the Company with effect from August 14, 2024. Mr. Rajeev Shantilal Desai is a highly experience person with over 20 years of experience in the Management. He is a person with positive, inspiring, experienced personality. Announcement • Aug 10
Hittco Tools Limited Announces Resignation of Ruth Mary Chithra J. as CFO Hittco Tools Limited announced resignation of Ruth Mary Chithra J. as CFO, effective from August 6, 2024, due commitments and certain other pre-occupation. Announcement • Aug 09
Hittco Tools Limited to Report Q1, 2025 Results on Aug 14, 2024 Hittco Tools Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹0.34 (vs ₹1.03 in FY 2023) Full year 2024 results: EPS: ₹0.34 (down from ₹1.03 in FY 2023). Revenue: ₹59.9m (down 14% from FY 2023). Net income: ₹1.87m (down 70% from FY 2023). Profit margin: 3.1% (down from 8.8% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 26
Hittco Tools Limited to Report Q4, 2024 Results on May 30, 2024 Hittco Tools Limited announced that they will report Q4, 2024 results on May 30, 2024 Announcement • Apr 12
Hittco Tools Limited Announces Resignation of Rajib Ghosh Roy as CEO Hittco Tools Limited announced that Mr. Rajib Ghosh Roy has resigned from the post of CEO of the Company on 11 April, 2024. Reported Earnings • Feb 14
Third quarter 2024 earnings released: ₹0.08 loss per share (vs ₹0.29 profit in 3Q 2023) Third quarter 2024 results: ₹0.08 loss per share (down from ₹0.29 profit in 3Q 2023). Revenue: ₹14.6m (down 17% from 3Q 2023). Net loss: ₹474.0k (down 127% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 50% per year whereas the company’s share price has increased by 54% per year. Announcement • Feb 07
Hittco Tools Limited to Report Q3, 2024 Results on Feb 13, 2024 Hittco Tools Limited announced that they will report Q3, 2024 results on Feb 13, 2024 Announcement • Sep 01
Hittco Tools Limited Appoints Sarita Kirnani as Company Secretary and Compliance Officer Hittco Tools Limited appointed Sarita Kirnani (Membership No: A58936) as Company Secretary and Compliance Officer of the Company w.e.f 31.08.2023. Announcement • Aug 29
Hittco Tools Limited Announces the Resignation of Ms. Preeti Saxena as Company Secretary and Compliance Officer Hittco Tools Limited announced the resignation of Ms. Preeti Saxena as company secretary and compliance officer of the company with effect from August 19, 2023. New Risk • Aug 16
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.6% Last year net profit margin: 15% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Revenue is less than US$1m (₹69m revenue, or US$831k). Market cap is less than US$10m (₹66.3m market cap, or US$796.7k). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Profit margins are more than 30% lower than last year (5.6% net profit margin). Announcement • Aug 07
Hittco Tools Limited to Report Q1, 2024 Results on Aug 14, 2023 Hittco Tools Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Reported Earnings • Jul 26
Full year 2023 earnings released: EPS: ₹1.03 (vs ₹1.23 in FY 2022) Full year 2023 results: EPS: ₹1.03 (down from ₹1.23 in FY 2022). Revenue: ₹70.1m (up 6.6% from FY 2022). Net income: ₹6.19m (down 17% from FY 2022). Profit margin: 8.8% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Announcement • Jul 16
Hittco Tools Limited to Report Fiscal Year 2023 Results on Jul 22, 2023 Hittco Tools Limited announced that they will report fiscal year 2023 results on Jul 22, 2023 New Risk • Jul 14
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (8.9% average weekly change). Revenue is less than US$1m (₹70m revenue, or US$854k). Market cap is less than US$10m (₹63.4m market cap, or US$772.9k). Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹13.79, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 27x in the Machinery industry in India. Total returns to shareholders of 233% over the past three years. Reported Earnings • Jun 04
Full year 2023 earnings released Full year 2023 results: Revenue: ₹70.5m (up 7.2% from FY 2022). Net income: ₹6.19m (down 17% from FY 2022). Profit margin: 8.8% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Announcement • May 20
Hittco Tools Limited to Report Q4, 2023 Results on May 30, 2023 Hittco Tools Limited announced that they will report Q4, 2023 results on May 30, 2023 Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹9.58, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 22x in the Machinery industry in India. Total returns to shareholders of 78% over the past three years. Reported Earnings • Feb 16
Third quarter 2023 earnings released: EPS: ₹0.29 (vs ₹0.46 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.29 (down from ₹0.46 in 3Q 2022). Revenue: ₹17.8m (up 2.7% from 3Q 2022). Net income: ₹1.76m (down 37% from 3Q 2022). Profit margin: 9.9% (down from 16% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Announcement • Feb 02
Hittco Tools Limited to Report Q3, 2023 Results on Feb 08, 2023 Hittco Tools Limited announced that they will report Q3, 2023 results on Feb 08, 2023 Announcement • Dec 24
Hittco Tools Limited Announces Appointment of Preeti Saxena as Company Secretary and Compliance Officer Hittco Tools Limited announced that Ms. Preeti Saxena has been appointed as Company secretary and Compliance Officer of the Company with effect from 01 December, 2022. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment deteriorated over the past week After last week's 22% share price decline to ₹14.00, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 26x in the Machinery industry in India. Total returns to shareholders of 161% over the past three years. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. CFO & Whole Time Executive Director Yashvardhan Bhandari was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 15
Hittco Tools Limited Appoints Yashvardhan Bhandari as CFO Hittco Tools Limited at its meeting held on November 14, 2022 has appointed Mr. Yashvardhan Bhandari as the CFO and KMP of the Company, with immediate effect as per the provisions of Section 203 of the Companies Act, 2013 read with its applicable Rules and Regulation 30 of SEBI Regulation, 2015.Mr. Yash Vardhan Bhandari holds BA (Hons) International Business from the Regents University, London and business courses from Columbia university, New York. He has done his internship in a pharmaceutical company, which gained him specialization in marketing and finance field. Announcement • Nov 09
Hittco Tools Limited to Report Q2, 2023 Results on Nov 14, 2022 Hittco Tools Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Announcement • Nov 08
Hittco Tools Limited Announces Resignation of Ruth Mary Chithra. J. as Chief Financial Officer Hittco Tools Limited announced that resignation Mrs. Ruth Mary Chithra. J. has tendered her from the post of Chief Financial Officer of the Company effective from November 7, 2022. Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improved over the past week After last week's 17% share price gain to ₹13.52, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 27x in the Machinery industry in India. Total returns to shareholders of 152% over the past three years. Announcement • Sep 07
Hittco Tools Limited, Annual General Meeting, Sep 30, 2022 Hittco Tools Limited, Annual General Meeting, Sep 30, 2022, at 13:00 Indian Standard Time. Location: HTC Aspire, 19 Ali Asker Road Bangalore India Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment improved over the past week After last week's 20% share price gain to ₹11.00, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 26x in the Machinery industry in India. Total returns to shareholders of 148% over the past three years. Reported Earnings • Aug 14
First quarter 2023 earnings released: EPS: ₹0.45 (vs ₹0.04 in 1Q 2022) First quarter 2023 results: EPS: ₹0.45 (up from ₹0.04 in 1Q 2022). Revenue: ₹16.7m (up 20% from 1Q 2022). Net income: ₹2.73m (up ₹2.51m from 1Q 2022). Profit margin: 16% (up from 1.6% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Announcement • Aug 04
Hittco Tools Limited to Report Q1, 2023 Results on Aug 12, 2022 Hittco Tools Limited announced that they will report Q1, 2023 results on Aug 12, 2022 Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 19% share price gain to ₹9.58, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 24x in the Machinery industry in India. Total returns to shareholders of 113% over the past three years. Announcement • May 21
Hittco Tools Limited to Report Q4, 2022 Results on May 30, 2022 Hittco Tools Limited announced that they will report Q4, 2022 results on May 30, 2022 Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. Independent Director Menezes Braganca Fernando De was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improved over the past week After last week's 16% share price gain to ₹12.06, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 25x in the Machinery industry in India. Total returns to shareholders of 98% over the past three years. Announcement • Mar 30
Hittco Tools Limited Appoints Priya Mehrotra as Company Secretary and Compliance Officer Hittco Tools Limited informed that Ms. Priya Mehrotra has been appointed as Company secretary and Compliance Officer of the Company with effect from 29 March, 2022. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹10.90, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 24x in the Machinery industry in India. Total returns to shareholders of 173% over the past three years. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorated over the past week After last week's 22% share price decline to ₹12.45, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 22x in the Machinery industry in India. Total returns to shareholders of 295% over the past three years. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹21.50, the stock trades at a trailing P/E ratio of 28.2x. Average trailing P/E is 24x in the Machinery industry in India. Total returns to shareholders of 527% over the past three years. Recent Insider Transactions • Feb 14
Non Executive Director recently sold ₹7.2m worth of stock On the 11th of February, Sidharth Bhandari sold around 301k shares on-market at roughly ₹23.90 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹8.3m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improved over the past week After last week's 26% share price gain to ₹26.60, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 26x in the Machinery industry in India. Total returns to shareholders of 676% over the past three years. Reported Earnings • Jan 28
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.46 (up from ₹0.04 in 3Q 2021). Revenue: ₹17.5m (up 10% from 3Q 2021). Net income: ₹2.78m (up ₹2.56m from 3Q 2021). Profit margin: 16% (up from 1.4% in 3Q 2021). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 86% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Jan 07
Non Executive Director recently sold ₹1.1m worth of stock On the 31st of December, Sidharth Bhandari sold around 95k shares on-market at roughly ₹11.73 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improved over the past week After last week's 16% share price gain to ₹9.60, the stock trades at a trailing P/E ratio of 39.6x. Average trailing P/E is 22x in the Machinery industry in India. Total returns to shareholders of 166% over the past three years. Executive Departure • Dec 03
Independent Non-Executive Director Rajeev Hassanand has left the company On the 30th of November, Rajeev Hassanand's tenure as Independent Non-Executive Director ended after 2.4 years in the role. We don't have any record of a personal shareholding under Rajeev's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.42 years, which is considered inexperienced in the Simply Wall St Risk Model. Board Change • Dec 03
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Menezes Braganca Fernando De was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improved over the past week After last week's 21% share price gain to ₹8.61, the stock trades at a trailing P/E ratio of 35.5x. Average trailing P/E is 23x in the Machinery industry in India. Total returns to shareholders of 139% over the past three years. Executive Departure • Oct 07
CFO & Executive Director Yashvardhan Bhandari has left the company On the 30th of September, Yashvardhan Bhandari's tenure as CFO & Executive Director ended after 1.4 years in the role. As of June 2021, Yashvardhan still personally held only 118.70k shares (₹476k worth at the time). Yashvardhan is the only executive to leave the company over the last 12 months. Reported Earnings • Aug 18
First quarter 2022 earnings released: EPS ₹0.04 (vs ₹0.28 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹14.0m (up 73% from 1Q 2021). Net income: ₹226.0k (up ₹1.91m from 1Q 2021). Profit margin: 1.6% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Jul 04
Full year 2021 earnings released: ₹0.35 loss per share (vs ₹1.41 loss in FY 2020) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: ₹55.1m (down 2.3% from FY 2020). Net loss: ₹2.19m (loss narrowed 74% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 25
New 90-day high: ₹4.53 The company is up 2.0% from its price of ₹4.43 on 27 November 2020. The Indian market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 26% over the same period. Reported Earnings • Feb 15
Third quarter 2021 earnings released: EPS ₹0.04 (vs ₹0.08 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹15.9m (up 2.9% from 3Q 2020). Net income: ₹221.0k (up ₹692.0k from 3Q 2020). Profit margin: 1.4% (up from net loss in 3Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • Feb 06
Hittco Tools Limited to Report Q3, 2021 Results on Feb 13, 2021 Hittco Tools Limited announced that they will report Q3, 2021 results on Feb 13, 2021 Is New 90 Day High Low • Jan 08
New 90-day low: ₹3.80 The company is down 22% from its price of ₹4.90 on 09 October 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 29% over the same period. Is New 90 Day High Low • Dec 16
New 90-day low: ₹4.21 The company is down 10.0% from its price of ₹4.70 on 16 September 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 11% over the same period. Is New 90 Day High Low • Nov 06
New 90-day low: ₹4.43 The company is down 3.0% from its price of ₹4.55 on 07 August 2020. The Indian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 12% over the same period. Reported Earnings • Sep 18
First quarter earnings released Over the last 12 months the company has reported total losses of ₹8.87m, with losses widening by ₹8.56m from the prior year. Total revenue was ₹50.0m over the last 12 months, down 27% from the prior year.