Hi-Tech Gears Limited (HITECHGEAR) AI Stock Analysis

• Market Cap: ₹14.17B
• Dividend Yield: 0.74%
• Average Volume (3M): 595.00
• Price to Earnings (P/E): 49.5
• Beta (1Y): 1.41
• Revenue Growth: -17.86%
• EPS Growth: -49.46%
• Country: IN
• Employees: 552
• Sector: Industrials
• Sector Strength: 72
• Industry: Auto - Parts
• EPS (TTM): 3.20
• Shares Outstanding: 18,793,217
• 10 Day Avg. Volume: 1,256
• 30 Day Avg. Volume: 595
• PEG Ratio: -0.44
• Price to Book (P/B): 2.36
• Price to Sales (P/S): 1.24
• P/FCF Ratio: 9.14
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 60 Neutral
• Price Target: ₹787.00 ▲(0.27% Upside)

The overall stock score of 60 reflects a mixed outlook for Hi-Tech Gears Limited. The company's strong cash flow and stable balance sheet are positive factors, but declining revenue and profitability are concerns. Technical indicators suggest caution, and the high P/E ratio indicates potential overvaluation. Investors should monitor revenue growth and profitability improvements for a more favorable outlook.

Positive Factors

Cash Flow Stability

Strong free cash flow growth enhances liquidity and supports future investments and debt servicing, indicating robust financial health.

Balance Sheet Health

A low debt-to-equity ratio reflects good leverage management, providing financial stability and flexibility for future growth.

Operational Efficiency

Improved EBITDA margin indicates effective cost management and operational efficiency, supporting long-term profitability.

Negative Factors

Declining Revenue

A decline in revenue impacts growth prospects and may challenge the company's ability to sustain its market position.

Profitability Concerns

Reduced net profit margin suggests declining profitability, which could hinder reinvestment and shareholder returns.

Revenue Growth Challenges

Negative revenue growth indicates difficulties in expanding market reach and product adoption, affecting long-term growth potential.

Hi-Tech Gears Limited Business Overview & Revenue Model

Company Description

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 was incorporated in 1986 and is based in Gurugram, India.

How the Company Makes Money

HITECHGEAR generates revenue primarily through the sale of its precision-engineered components to various industries, particularly automotive and aerospace. The company operates under a business-to-business (B2B) model, supplying products directly to manufacturers and OEMs (Original Equipment Manufacturers). Key revenue streams include bulk orders for custom-engineered components and long-term contracts with major industry players. Additionally, HITECHGEAR may benefit from partnerships with technology firms to integrate advanced manufacturing techniques, enhancing efficiency and product quality. Other potential revenue sources could include after-sales services, maintenance contracts, and consulting services related to engineering solutions, although specific details on these avenues are not available.

Hi-Tech Gears Limited Financial Statement Overview

Summary

Hi-Tech Gears Limited demonstrates a mixed financial performance with solid cash flow and balance sheet management, offset by declining revenue and profitability in the latest period. The company's strengths lie in its operational efficiency and strong cash generation. However, addressing revenue growth and improving profit margins should be focal points to enhance overall financial performance.

Income Statement

The income statement shows a mixed performance with a significant decline in revenue from 2024 to 2025, dropping by approximately 18.1%, which adversely affects the revenue growth rate. Gross profit margin stands at 26.2% for 2025, which is commendable but reflects a decrease from previous years. Net profit margin decreased to 4.4% in 2025, indicating reduced profitability. However, EBITDA margin improved to 16.3%, showing operational efficiency. The company needs to address revenue growth to stabilize financial health.

Balance Sheet

The balance sheet indicates a stable financial position with a debt-to-equity ratio of 0.42 in 2025, showing good leverage management. The equity ratio of 60.1% suggests a strong equity base, providing financial stability. Return on equity is moderate at 8.3%, pointing towards decent shareholder returns. Overall, the balance sheet reflects a healthy capital structure with manageable debt levels.

Cash Flow

Cash flow analysis reveals strong free cash flow generation, with a growth of 49.8% from 2024 to 2025, enhancing liquidity. Operating cash flow to net income ratio is robust, indicating effective cash generation relative to net income. Free cash flow to net income ratio is also favorable, suggesting sound cash management practices. The company exhibits solid cash flow stability, which is a positive sign for future investments and debt servicing.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	8.62B	9.22B	11.07B	11.63B	9.71B	7.41B
Gross Profit	4.20B	1.15B	5.30B	4.51B	3.74B	3.05B
EBITDA	1.35B	1.48B	2.37B	1.41B	876.47M	960.80M
Net Income	321.24M	403.63M	1.14B	231.14M	-11.02M	287.87M
Balance Sheet
Total Assets	0.00	8.04B	9.08B	9.85B	10.02B	9.22B
Cash, Cash Equivalents and Short-Term Investments	357.39M	406.41M	530.25M	697.32M	862.84M	672.42M
Total Debt	0.00	2.02B	2.98B	4.57B	4.71B	4.27B
Total Liabilities	-4.84B	3.21B	4.42B	6.31B	6.72B	6.01B
Stockholders Equity	4.84B	4.84B	4.66B	3.54B	3.31B	3.21B
Cash Flow
Free Cash Flow	0.00	1.25B	834.45M	245.90M	-45.46M	-214.05M
Operating Cash Flow	0.00	1.49B	1.17B	541.45M	556.09M	372.98M
Investing Cash Flow	0.00	-11.84M	1.43B	-407.15M	-564.28M	-508.67M
Financing Cash Flow	0.00	-1.50B	-2.80B	-408.90M	105.21M	251.63M

Hi-Tech Gears Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 784.90
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:HITECHGEAR, the sentiment is Positive. The current price of 784.9 is above the 20-day moving average (MA) of 711.65, above the 50-day MA of 721.74, and above the 200-day MA of 690.30, indicating a bullish trend. The MACD of 13.36 indicates Negative momentum. The RSI at 58.84 is Neutral, neither overbought nor oversold. The STOCH value of 63.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:HITECHGEAR.

Hi-Tech Gears Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GNA	73 Outperform	₹15.27B	14.55	―	0.95%	-4.65%	9.95%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
JAYBARMARU	63 Neutral	₹10.46B	15.81	―	0.74%	4.76%	150.94%
TALBROAUTO	61 Neutral	₹16.64B	17.39	―	0.32%	0.74%	-17.90%
HITECHGEAR	60 Neutral	₹14.17B	49.54	―	0.74%	-17.86%	-49.46%
RICOAUTO	60 Neutral	₹17.24B	40.11	―	0.39%	3.68%	14.13%
INDNIPPON	58 Neutral	₹18.01B	20.15	―	1.57%	22.67%	24.50%

Hi-Tech Gears Limited Corporate Events

Hi-Tech Gears Opens Special Window for Physical Share Transfers

Hi-Tech Gears Limited announced a special window for the re-lodgement of transfer requests for physical shares, as per the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. This move is significant for shareholders holding physical shares, as it provides them an opportunity to update their share transfer requests, potentially impacting the company’s shareholder engagement and compliance with regulatory standards.

Hi-Tech Gears Limited Publishes Unaudited Financial Results for September 2025

Hi-Tech Gears Limited announced the publication of its unaudited financial results for the quarter and half-year ending September 30, 2025, in major newspapers. The results, reviewed by the Audit Committee and approved by the Board of Directors, highlight the company’s financial performance and are available on stock exchange websites. This publication is part of the company’s compliance with SEBI regulations, ensuring transparency and informing stakeholders about its financial health.

Hi-Tech Gears Limited: Update on Insolvency Resolution Process

Hi-Tech Gears Limited has announced updates regarding its ongoing Corporate Insolvency Resolution Process (CIRP). The National Company Law Appellate Tribunal (NCLAT) has extended the interim stay on the CIRP, initially granted in September 2024, due to a delay in proceedings. The next hearing is scheduled for December 16, 2025. This development may impact the company’s operational stability and stakeholder confidence as the resolution process remains in limbo.