Hi-Tech Gears Limited (IN:HITECHGEAR)
:HITECHGEAR
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Hi-Tech Gears Limited
(HITECHGEAR)
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Rating:50Neutral
Price Target:
₹572.00
▼(-27.12% Downside)
Action:Reiterated
Date:06/03/26
The score is held back primarily by sharp margin compression and inconsistent revenue trends, plus weak technical momentum with the stock trading below major moving averages. Improved leverage and better recent cash flow provide some support, but the high P/E and low dividend yield reduce valuation attractiveness.
Positive Factors
Improved Leverage
Debt-to-equity falling to ~0.35x represents durable de-risking of the capital structure. Lower leverage reduces interest burdens and default risk, increases flexibility for capex or working-capital needs, and permits strategic investments or dividends without straining liquidity.
Negative Factors
Sharp Margin Compression
A steep fall in net margin markedly reduces the firm's ability to absorb cost shocks and weakens return on capital. Persistent margin pressure erodes reinvestment capacity and cash flow quality, making earnings and dividend durability contingent on structural margin recovery.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved Leverage
Debt-to-equity falling to ~0.35x represents durable de-risking of the capital structure. Lower leverage reduces interest burdens and default risk, increases flexibility for capex or working-capital needs, and permits strategic investments or dividends without straining liquidity.
Read all positive factors
Hi-Tech Gears Limited (HITECHGEAR) vs. iShares MSCI India ETF (INDA)
Market Cap
₹10.76B
Dividend Yield0.74%
Average Volume (3M)595.00
Price to Earnings (P/E)52.1
Beta (1Y)1.31
Revenue Growth-2.00%
EPS Growth-48.06%
CountryIN
Employees505
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-1.02
Price to Book (P/B)1.97
Price to Sales (P/S)1.13
P/FCF Ratio24.87
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 for automobile manufacturers in India, the United States, and internationally. It offers transmission gears and shafts, driveline components, steering linkage, and power take off com...
How the Company Makes Money
null...
Hi-Tech Gears Limited Financial Statement Overview
Summary
Income Statement
52
Neutral
Balance Sheet
63
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 8.57B | 9.08B | 9.22B | 11.07B | 11.63B | 9.71B |
| Gross Profit | 4.15B | 2.07B | 1.15B | 5.30B | 4.51B | 3.74B |
| EBITDA | 1.28B | 1.01B | 1.48B | 2.37B | 1.41B | 876.47M |
| Net Income | 285.96M | 209.79M | 403.63M | 1.14B | 231.14M | -11.02M |
Balance Sheet | ||||||
| Total Assets | 8.13B | 8.39B | 8.04B | 9.08B | 9.85B | 10.02B |
| Cash, Cash Equivalents and Short-Term Investments | 370.44M | 403.52M | 406.41M | 530.25M | 697.32M | 862.84M |
| Total Debt | 1.81B | 1.83B | 2.02B | 2.98B | 4.57B | 4.71B |
| Total Liabilities | 3.14B | 3.17B | 3.21B | 4.42B | 6.31B | 6.72B |
| Stockholders Equity | 4.99B | 5.23B | 4.84B | 4.66B | 3.54B | 3.31B |
Cash Flow | ||||||
| Free Cash Flow | 99.63M | 414.42M | 1.25B | 834.45M | 245.90M | -45.46M |
| Operating Cash Flow | 222.18M | 736.40M | 1.49B | 1.17B | 541.45M | 556.09M |
| Investing Cash Flow | -89.57M | -365.10M | -11.84M | 1.43B | -407.15M | -564.28M |
| Financing Cash Flow | -166.62M | -422.35M | -1.50B | -2.80B | -408.90M | 105.21M |
Hi-Tech Gears Limited Technical Analysis
Negative
784.90
Price Trends
599.66
Negative
613.39
Negative
674.50
Negative
Market Momentum
-4.75
Negative
44.22
Neutral
49.25
Neutral
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 579.84, above the 50-day MA of 599.66, and above the 200-day MA of 674.50, indicating a bearish trend. The MACD of -4.75 indicates Negative momentum. The RSI at 44.22 is Neutral, neither overbought nor oversold. The STOCH value of 49.25 is Neutral, 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 |
|---|---|---|---|---|---|---|---|
73 Outperform | ₹20.81B | 19.21 | ― | 1.57% | 26.47% | 35.12% | |
73 Outperform | ₹22.44B | 22.37 | ― | 0.32% | 5.20% | 10.23% | |
64 Neutral | ₹18.09B | 15.32 | ― | 0.95% | -3.98% | 9.20% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
61 Neutral | ₹17.69B | 12.81 | ― | 0.74% | 11.39% | 324.30% | |
60 Neutral | ₹20.09B | 37.68 | ― | 0.39% | 11.99% | 135.86% | |
50 Neutral | ₹10.76B | 52.10 | ― | 0.74% | -2.00% | -48.06% |
* Industrials Sector Average
IN:HITECHGEAR
Hi-Tech Gears Limited
572.00
-162.41
-22.11%
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Hi-Tech Gears Limited Corporate Events
Hi-Tech Gears Publishes FY26 Results, Proposes 40% Final Dividend
May 31, 2026
Hi-Tech Gears Limited has published its audited consolidated financial results for the quarter and year ended March 31, 2026 in national and regional newspapers, in compliance with SEBI listing regulations. The company reported total standalone in...
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.