Hi-Tech Gears Limited (HITECHGEAR) AI Stock Analysis

• Market Cap: ₹15.66B
• Dividend Yield: 0.59%
• Average Volume (3M): 595.00
• Price to Earnings (P/E): 48.7
• Beta (1Y): 1.30
• Revenue Growth: -20.12%
• EPS Growth: -73.06%
• Country: IN
• Employees: 552
• Sector: Industrials
• Sector Strength: 72
• Industry: Auto - Parts
• EPS (TTM): 3.19
• 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: ₹708.00
• Price Target Upside: -15.04% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 63 Neutral
• Price Target: ₹708.00 ▼(-15.04% Downside)

The overall stock score of 63 reflects a combination of solid cash flow and balance sheet management, offset by declining revenue and profitability. Technical indicators suggest mixed momentum, while valuation metrics indicate potential overvaluation. The absence of earnings call and corporate events data limits the analysis to financial performance, technical analysis, and valuation.

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

Hi-Tech Gears Limited generates revenue through the manufacturing and sale of precision-engineered components, primarily focusing on gears and transmission solutions for the automotive industry. The company’s key revenue streams include direct sales to OEMs, aftermarket sales, and exports. By entering into strategic partnerships with major automotive manufacturers, Hi-Tech Gears ensures a consistent demand for its products. Additionally, the company's investment in technology and innovation allows it to offer high-value solutions, further enhancing its revenue potential. Export sales also contribute significantly to its earnings, with a substantial portion of its revenue derived from international markets.

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: 833.35
• 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 833.35 is above the 20-day moving average (MA) of 790.65, above the 50-day MA of 712.68, and above the 200-day MA of 678.43, indicating a bullish trend. The MACD of 41.48 indicates Negative momentum. The RSI at 63.40 is Neutral, neither overbought nor oversold. The STOCH value of 63.02 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	70 Outperform	₹13.15B	12.85	―	0.98%	-3.10%	8.21%
TALBROAUTO	69 Neutral	₹18.53B	19.30	―	0.40%	3.71%	-15.16%
INDNIPPON	68 Neutral	₹22.73B	26.02	―	1.25%	17.61%	28.12%
JAYBARMARU	64 Neutral	₹9.98B	19.63	―	0.76%	0.93%	88.42%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
HITECHGEAR	63 Neutral	₹15.66B	48.71	―	0.59%	-20.12%	-73.06%
RICOAUTO	51 Neutral	₹11.55B	36.05	―	0.59%	2.34%	-15.64%