Hi-Tech Gears Limited (IN:HITECHGEAR)
:HITECHGEAR
Want to see IN:HITECHGEAR full AI Analyst Report?
Top Page
Hi-Tech Gears Limited
(HITECHGEAR)
Select Model
Select Model
Rating:60Neutral
Price Target:
₹659.00
▼(-16.04% Downside)
Action:Downgraded
Date:11/08/25
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
Strong free cash flow
Free cash flow growth of 49.8% provides durable liquidity to fund capex, working capital, debt servicing and shareholder returns. This cash-generation strength cushions the business against revenue weakness, enables opportunistic reinvestment, and supports solvency across multiple quarters.
Negative Factors
Declining revenue
An ~18% year-on-year revenue decline is a persistent structural risk: reduced scale hurts operating leverage, may force price or volume trade-offs, and complicates investment payback. Without sustained demand or new market traction, recovery could be slow over several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong free cash flow
Free cash flow growth of 49.8% provides durable liquidity to fund capex, working capital, debt servicing and shareholder returns. This cash-generation strength cushions the business against revenue weakness, enables opportunistic reinvestment, and supports solvency across multiple quarters.
Read all positive factors
Hi-Tech Gears Limited (HITECHGEAR) vs. iShares MSCI India ETF (INDA)
Market Cap
₹10.72B
Dividend Yield0.74%
Average Volume (3M)595.00
Price to Earnings (P/E)378.4
Beta (1Y)1.30
Revenue Growth-10.44%
EPS Growth-53.46%
CountryIN
Employees552
SectorIndustrials
Sector Strength72
IndustryAuto - Parts
Share Statistics
EPS (TTM)15.22
Shares Outstanding18,813,547
10 Day Avg. Volume1,256
30 Day Avg. Volume595
Financial Highlights & Ratios
PEG Ratio-0.44
Price to Book (P/B)2.36
Price to Sales (P/S)1.24
P/FCF Ratio9.14
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 ...
How the Company Makes Money
null...
Hi-Tech Gears Limited Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
72
Positive
Cash Flow
78
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 8.57B | 9.22B | 11.07B | 11.63B | 9.71B | 7.41B |
| Gross Profit | 4.15B | 1.15B | 5.30B | 4.51B | 3.74B | 3.05B |
| EBITDA | 1.28B | 1.48B | 2.37B | 1.41B | 876.47M | 960.80M |
| Net Income | 285.96M | 403.63M | 1.14B | 231.14M | -11.02M | 287.87M |
Balance Sheet | ||||||
| Total Assets | 8.13B | 8.04B | 9.08B | 9.85B | 10.02B | 9.22B |
| Cash, Cash Equivalents and Short-Term Investments | 370.44M | 406.41M | 530.25M | 697.32M | 862.84M | 672.42M |
| Total Debt | 1.81B | 2.02B | 2.98B | 4.57B | 4.71B | 4.27B |
| Total Liabilities | 3.14B | 3.21B | 4.42B | 6.31B | 6.72B | 6.01B |
| Stockholders Equity | 4.99B | 4.84B | 4.66B | 3.54B | 3.31B | 3.21B |
Cash Flow | ||||||
| Free Cash Flow | 99.63M | 1.25B | 834.45M | 245.90M | -45.46M | -214.05M |
| Operating Cash Flow | 222.18M | 1.49B | 1.17B | 541.45M | 556.09M | 372.98M |
| Investing Cash Flow | -89.57M | -11.84M | 1.43B | -407.15M | -564.28M | -508.67M |
| Financing Cash Flow | -166.62M | -1.50B | -2.80B | -408.90M | 105.21M | 251.63M |
Hi-Tech Gears Limited Technical Analysis
Negative
784.90
Price Trends
603.62
Negative
647.02
Negative
684.57
Negative
Market Momentum
-8.45
Positive
33.46
Neutral
16.78
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:HITECHGEAR, the sentiment is Negative. The current price of 784.9 is above the 20-day moving average (MA) of 613.71, above the 50-day MA of 603.62, and above the 200-day MA of 684.57, indicating a bearish trend. The MACD of -8.45 indicates Positive momentum. The RSI at 33.46 is Neutral, neither overbought nor oversold. The STOCH value of 16.78 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:HITECHGEAR.
Hi-Tech Gears Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | ₹20.20B | 15.60 | ― | 0.32% | 1.88% | -15.78% | |
64 Neutral | ₹15.62B | 13.09 | ― | 0.95% | -3.98% | 9.21% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
60 Neutral | ₹10.72B | 378.45 | ― | 0.74% | -10.44% | -53.46% | |
60 Neutral | ₹15.52B | 42.56 | ― | 0.39% | 5.87% | 76.28% | |
59 Neutral | ₹11.18B | 13.37 | ― | 0.74% | 11.39% | 324.30% | |
58 Neutral | ₹17.76B | 18.47 | ― | 1.57% | 24.30% | 29.97% |
* Industrials Sector Average
IN:HITECHGEAR
Hi-Tech Gears Limited
570.00
-6.09
-1.06%
IN:GNA
GNA Axles Ltd
363.85
31.86
9.60%
IN:INDNIPPON
India Nippon Electricals Limited
784.95
116.28
17.39%
IN:JAYBARMARU
Jay Bharat Maruti Limited
103.24
33.41
47.84%
IN:RICOAUTO
Rico Auto Industries Limited
114.75
42.79
59.46%
IN:TALBROAUTO
Talbros Automotive Components Limited
327.20
40.74
14.22%
Hi-Tech Gears Limited Corporate Events
Hi-Tech Gears Confirms SEBI-Compliant Dematerialisation of Shares for March Quarter
Apr 7, 2026
Hi-Tech Gears Limited has notified the stock exchanges that its registrar and share transfer agent, MAS Services Limited, has certified compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ...
Hi-Tech Gears Discloses Resignation of Senior HR Executive
Mar 20, 2026
Hi-Tech Gears Limited has announced a change in its senior management with the resignation of Sharad Mishra from the position of Vice President–HR, designated as Senior Management Personnel, effective from the close of business on March 19, ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.