The Hi-Tech Gears Limited

BSE: HITECHGEAR522073ISIN INE127B01011

Consumer Discretionary
Auto Components & Equipments

Share price

₹515.55+1.55 (+0.30%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹795.00
52W low: ₹480.00
Off 52W high: -35.15%
1M return: -12.32%
3M return: -12.60%
6M return: -14.79%
1Y return: -33.31%
20D avg volume: 193
50 DMA: ₹552.66
200 DMA: ₹627.48

Key ratios Consolidated

Market cap: ₹970.27 Cr
Current price: ₹515.55
52W high / low: ₹795.00 / ₹480.00
Face value: ₹10.00
P/E: 49.15
P/B: 1.86
EPS (TTM): ₹10.49
Book value / share: ₹277.81
ROE: —
ROCE: 7.40%
Operating margin: —
Net margin: —
Debt / equity: 0.35
Net debt: ₹176.20 Cr
Interest cover: 3.24
Dividend yield: 0.78%
Dividend / share (TTM): ₹4.00
Payout: 38.13%
Cash conversion cycle: 85.6 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	237.69	228.62	223.52	240.74	215.55	214.88	200.53	240.99	260.63	286.87	267.61	283.63
	1.25	4.39	3.07	2.37	4.55	4.30	7.63	7.31	2.41	3.38	7.47	1.29
	238.94	233.01	226.59	243.11	220.09	219.18	208.16	248.30	263.04	290.24	275.08	284.93
	232.55	222.97	223.46	233.52	209.58	201.93	199.40	232.86	241.73	269.00	255.23	277.38
	110.71	110.33	117.66	124.21	105.21	106.63	93.34	125.08	126.52	138.51	136.63	141.49
	3.34	2.79	1.24	1.27	2.07	4.30	4.31	3.56	3.46	5.37	7.04	5.95
	46.09	44.36	47.83	44.55	38.76	34.68	41.48	43.14	44.24	48.08	47.70	51.47
	3.88	3.60	3.89	3.57	3.79	4.34	4.93	5.65	6.45	6.69	8.21	13.87
	17.33	15.97	17.97	17.00	16.39	15.93	15.95	16.00	15.59	16.28	14.87	15.02
	47.36	44.09	43.04	46.39	39.28	40.24	36.06	45.12	44.00	49.55	44.23	51.39
	6.39	10.05	3.13	9.60	10.51	17.25	8.77	15.44	21.31	21.24	19.85	7.54
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.05	-0.10	77.16
	6.39	10.05	3.13	9.60	10.51	17.25	8.77	15.44	21.31	21.19	19.75	84.70
	1.63	1.93	2.28	3.58	4.51	7.53	1.90	5.90	7.08	3.36	4.83	12.49
	4.76	8.11	0.85	6.01	6.00	9.72	6.87	9.54	14.24	17.83	14.91	72.22
	2.53	4.32	0.46	3.20	3.19	5.17	3.66	5.09	7.58	9.49	7.95	38.48
Key metrics
	27.60	29.62	24.99	30.17	30.69	37.52	29.65	37.09	43.35	44.16	42.83	113.59
	11.60%	13.00%	11.20%	12.50%	14.20%	17.50%	14.80%	15.40%	16.60%	15.40%	16.00%	40.00%
	2.00%	3.50%	0.40%	2.50%	2.80%	4.50%	3.40%	4.00%	5.50%	6.20%	5.60%	25.50%
	—	2.10%	—	2.10%	—	3.50%	—	—	—	—	—	—
	10.30%	6.40%	11.50%	-0.10%	-17.30%	-25.10%	-25.10%	-15.00%	—	—	—	—
	-20.70%	-16.60%	-87.60%	-37.00%	-57.90%	-45.50%	-53.90%	-86.80%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	930.57	908.42	926.96	1,107	1,169	970.63
	11.08	14.38	11.72	9.93	7.93	7.87
	941.65	922.80	938.68	1,117	1,177	978.51
	912.50	889.52	875.91	1,056	1,143	967.60
	462.91	457.40	451.57	548.63	574.89	487.93
	8.64	7.37	15.64	21.02	16.89	22.17
	182.83	175.51	163.54	196.71	218.41	215.06
	14.94	14.85	21.37	37.77	33.17	26.45
	68.27	67.34	63.47	61.17	82.15	52.29
	180.88	172.80	165.42	190.97	210.23	191.86
	29.17	33.29	62.77	60.92	33.94	10.91
	0.00	0.00	0.00	77.01	0.00	0.00
	29.17	33.29	62.77	137.93	33.94	10.91
	9.42	12.31	22.40	23.68	10.83	12.01
	19.73	20.98	40.36	114.25	23.11	-1.10
	10.51	11.16	21.49	60.86	12.32	-0.59
Key metrics
	112.38	115.48	147.61	236.87	149.26	89.65
	12.08%	12.70%	15.90%	21.40%	12.80%	9.20%
	2.12%	2.30%	4.40%	10.30%	2.00%	-0.10%
	—	7.40%	13.60%	—	—	—
	6.72%	-2.00%	-16.30%	-5.30%	20.50%	—
	-38.59%	-48.00%	-64.70%	394.40%	2,200.90%	—
	—	49.53	143.68	—	—	—
	—	3.90	4.16	—	—	—
	—	0.35	0.42	—	—	—
	—	176.20	190.76	—	—	—
	—	85.6	76.6	—	—	—
Balance sheet
	—	839.30	804.08	—	—	—
	—	382.07	344.76	—	—	—
	—	6.33	11.43	—	—	—
	—	173.17	153.04	—	—	—
	—	140.77	125.47	—	—	—
	—	24.98	23.93	—	—	—
	—	357.12	373.70	—	—	—
	—	101.15	83.97	—	—	—
	—	190.11	185.05	—	—	—
	—	182.53	202.19	—	—	—
	—	65.66	75.13	—	—	—
	—	116.87	127.06	—	—	—
	—	522.64	483.57	—	—	—
Cash flow
	—	81.73	167.73	—	—	—
	—	-29.74	-19.88	—	—	—
	—	-57.09	-150.40	—	—	—
	—	32.20	24.05	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	169.97	173.22	160.34	174.09	159.12	159.62	141.34	168.01	179.37	202.96	188.82	203.27
	1.36	4.54	2.90	2.46	3.94	4.66	7.40	6.75	2.48	3.80	6.41	1.00
	171.33	177.76	163.24	176.55	163.06	164.28	148.74	174.75	181.85	206.76	195.23	204.27
	162.79	165.59	155.21	165.06	150.16	145.82	138.26	158.90	163.07	187.12	177.58	190.43
	79.62	83.14	88.49	91.97	77.37	80.21	69.90	91.48	90.06	101.34	101.30	104.42
	3.34	2.79	1.24	1.27	2.07	4.30	4.31	3.56	3.46	5.37	7.04	5.95
	27.02	27.05	28.90	26.84	24.22	20.82	24.61	25.05	24.35	26.36	26.36	29.39
	2.14	2.05	1.94	1.78	2.07	2.46	2.80	3.10	3.52	3.68	5.01	4.71
	9.01	8.75	9.06	8.94	8.62	8.36	8.24	8.23	7.94	7.68	7.87	7.96
	37.07	35.86	33.17	38.32	30.79	31.39	27.98	33.98	32.42	39.24	32.92	39.49
	8.54	12.17	8.03	11.49	12.90	18.46	10.48	15.86	18.78	19.65	17.65	13.84
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	8.54	12.17	8.03	11.49	12.90	18.46	10.48	15.86	18.78	19.65	17.65	13.84
	2.30	2.28	2.24	3.51	3.51	5.10	3.01	3.68	4.41	3.43	4.97	3.77
	6.24	9.89	5.80	7.98	9.39	13.36	7.47	12.18	14.37	16.22	12.68	10.07
	3.32	5.26	3.08	4.25	5.00	7.11	3.98	6.49	7.65	8.64	6.75	5.37
Key metrics
	19.69	22.97	19.03	22.21	23.59	29.28	21.52	27.19	30.24	31.01	30.53	26.51
	11.60%	13.30%	11.90%	12.80%	14.80%	18.30%	15.20%	16.20%	16.90%	15.30%	16.20%	13.00%
	3.70%	5.70%	3.60%	4.60%	5.90%	8.40%	5.30%	7.20%	8.00%	8.00%	6.70%	5.00%
	—	2.60%	—	2.50%	—	3.90%	—	—	—	—	—	—
	6.80%	8.50%	13.40%	3.60%	-11.30%	-21.40%	-25.10%	-17.30%	—	—	—	—
	-33.50%	-26.00%	-22.40%	-34.50%	-34.70%	-17.60%	-41.10%	21.00%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	677.62	666.77	657.61	779.98	781.81	644.60
	11.26	13.85	12.00	9.31	8.79	7.15
	688.88	680.61	669.61	789.29	790.61	651.75
	648.65	636.02	606.04	724.57	721.21	598.09
	343.22	340.96	331.65	399.96	397.73	329.64
	8.64	7.37	15.64	21.02	16.89	22.17
	109.81	107.01	94.83	109.57	110.44	100.83
	7.91	7.84	11.87	18.19	17.08	17.92
	35.76	35.37	32.77	31.61	31.61	30.36
	144.42	138.13	125.77	144.78	142.47	120.65
	40.23	44.59	63.57	64.73	69.39	53.66
	0.00	0.00	0.00	—	—	—
	40.23	44.59	63.57	64.73	69.39	53.66
	10.33	11.54	16.19	15.46	19.05	15.14
	29.91	33.05	47.38	49.27	50.34	38.52
	15.91	17.59	25.23	26.24	26.82	20.52
Key metrics
	83.90	87.80	108.21	114.53	118.08	101.94
	12.38%	13.20%	16.50%	14.70%	15.10%	15.80%
	4.41%	5.00%	7.20%	6.30%	6.40%	6.00%
	—	9.50%	14.20%	—	—	—
	7.89%	1.40%	-15.70%	-0.20%	21.30%	—
	-29.46%	-30.20%	-3.80%	-2.10%	30.70%	—
	—	21.65	79.39	—	—	—
	—	1.54	2.18	—	—	—
	—	0.20	0.24	—	—	—
	—	97.03	104.32	—	—	—
	—	88.7	81.8	—	—	—
Balance sheet
	—	691.22	670.38	—	—	—
	—	287.20	262.89	—	—	—
	—	0.28	6.44	—	—	—
	—	135.80	116.19	—	—	—
	—	100.28	92.95	—	—	—
	—	19.21	20.93	—	—	—
	—	223.38	232.05	—	—	—
	—	73.93	61.73	—	—	—
	—	141.65	139.36	—	—	—
	—	97.31	110.76	—	—	—
	—	48.54	54.87	—	—	—
	—	48.77	55.89	—	—	—
	—	496.19	470.59	—	—	—
Cash flow
	—	50.97	103.39	—	—	—
	—	-26.46	-18.64	—	—	—
	—	-30.68	-84.33	—	—	—
	—	29.32	24.00	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -5.17%
Sales CAGR 5Y: —
Profit CAGR 3Y: -13.09%
Profit CAGR 5Y: —
Sales YoY (TTM): +7.89%
Profit YoY (TTM): -29.46%

Consolidated

Sales CAGR 3Y: -8.07%
Sales CAGR 5Y: —
Profit CAGR 3Y: -3.17%
Profit CAGR 5Y: —
Sales YoY (TTM): +6.72%
Profit YoY (TTM): -38.59%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 56.10%

Quarter	September 2026	June 2026
Promoter %	56.10%	56.12%

Holder	Type	Holding	Previous	Change
DEEP KAPURIA	Promoter	16.55%	16.56%	-0.01%
HI-TECH PORTFOLIO INVESTMENTS LIMITED	Promoter	10.48%	10.48%	0.00%
OLYMPUS ELECTRICAL INDUSTRIES PVT LTD	Promoter	9.27%	9.28%	-0.01%
VULCAN ELECTRO CONTROLS LIMITED	Promoter	5.75%	5.75%	0.00%
PRANAV KAPURIA	Promoter	4.51%	4.51%	0.00%
ANUJ KAPURIA	Promoter	4.51%	4.51%	0.00%
VEENA KAPURIA	Promoter	2.66%	2.66%	0.00%
MANOHAR DEVABHAKTUNI	Public	1.89%	2.06%	-0.17%
DEEP KAPURIA AND SONS HUF	Promoter	1.23%	1.23%	0.00%
AABHA KAPURIA	Promoter	0.45%	0.45%	0.00%
MEGHA KAPURIA	Promoter	0.45%	0.45%	0.00%
ADHIRAJ KAPURIA	Promoter	0.10%	0.10%	0.00%
ADHIVEER KAPURIA	Promoter	0.10%	0.10%	0.00%
ABHAY KAPURIA	Promoter	0.04%	0.04%	0.00%
NOVUS HI-TECH ROBOTIC SYSTEMZ PRIVATE LTD	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Samvardhana Motherson International Limited	1,69,717	159.25	36.90	10.90%	+14.02% TTM	+24.64% TTM	+52.47%
Bosch Ltd	1,49,840	50,800.00	63.41	24.30%	+13.63% TTM	-11.32% TTM	+34.19%
Bharat Forge Ltd	88,694	1,815.00	123.94	15.80%	+17.54% TTM	-30.02% TTM	+37.06%
UNO Minda Limited	69,117	1,196.90	53.56	17.90%	+18.80% TTM	+15.35% TTM	-4.40%
Sona BLW Precision Forgings Limited	55,766	892.00	75.38	13.30%	+43.07% TTM	+21.75% TTM	+84.45%
Schaeffler India Limited	54,886	3,511.50	41.79	—	—	—	-15.20%
Tube Investments of India Ltd	43,747	2,260.00	39.45	12.80%	+17.62% TTM	+6.56% TTM	-24.44%
Endurance Technologies Limited	35,086	2,494.30	34.50	16.30%	+31.99% TTM	+15.15% TTM	-14.03%
Dhoot Transmission Limited	33,444	1,635.00	—	—	—	—	—
Exide Industries Ltd.	31,131	366.25	29.64	8.90%	+13.46% TTM	+32.16% TTM	-3.52%
Craftsman Automation Limited	27,927	10,677.90	52.97	14.20%	+35.85% TTM	+119.55% TTM	+56.36%
Sansera Engineering Limited	27,648	4,429.55	78.72	13.60%	+23.49% TTM	+52.89% TTM	+189.79%
Motherson Sumi Wiring India Limited S	26,009	39.22	38.08	35.50%	+35.93% TTM	+11.75% TTM	-16.50%
Asahi India Glass Ltd.	25,070	983.40	45.71	10.80%	+19.75% TTM	+46.40% TTM	+2.72%
Gabriel India Ltd.	24,678	1,392.40	75.53	22.80%	+24.12% TTM	+38.28% TTM	+10.16%
ZF Commercial Vehicle Control Systems India Limited	24,345	2,139.15	48.76	18.50%	+9.03% TTM	+3.22% TTM	+0.07%
Sundram Fasteners Ltd.	22,794	1,084.75	35.98	18.20%	+17.24% TTM	+13.95% TTM	+12.64%
BELRISE INDUSTRIES LIMITED	21,253	219.75	41.93	14.70%	—	—	+51.19%
SPR Auto Technologies Limited	19,750	4,257.65	33.20	18.00%	+46.79% TTM	+8.24% TTM	+57.73%
Tenneco Clean Air India Limited	18,753	464.65	31.18	64.30%	—	—	—
Minda Corporation Limited	16,202	677.70	29.06	15.10%	+32.84% TTM	+108.97% TTM	+14.51%
Lumax Auto Technologies Ltd.	14,306	2,099.00	33.99	24.70%	+32.82% TTM	+57.49% TTM	+75.07%
SEDEMAC MECHATRONICS LIMITED S	13,737	3,106.75	—	31.00%	—	—	—
Amara Raja Energy & Mobility Limited	13,341	728.90	16.72	14.40%	+15.67% TTM	-11.47% TTM	-26.41%
CIE Automotive India Limited	13,295	350.45	14.25	—	+12.44% TTM	+15.35% TTM	-18.90%
The Hi-Tech Gears Limited	970	515.55	49.15	7.40%	+6.72% TTM	-38.59% TTM	-33.31%

Filings & corporate actions

Recent announcements

Un audited standalone and consolidated Financial Results of the company for the 2nd quarter and half year ended September 30, 20264 Nov 2026 · Result / Financial Results
The Hi-Tech Gears Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/11/2026 ,inter alia, to consider and approve the following inter-alia: ....29 Oct 2026 · Board Meeting / Board Meeting
Updates on Corporate Insolvency resolution Process13 Oct 2026 · Company Update / Updates - Corporate Insolvency Resolution Process (CIRP)
Certificate under Regulation 74(5) of SEBI (DP) Regulations, 20189 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Special Window for re-lodgement of transfer request of physical shares7 Oct 2026 · Company Update / Newspaper Publication
Update on Corporate Insolvency Resolution Process6 Oct 2026 · Company Update / Updates - Corporate Insolvency Resolution Process (CIRP)
Disclosure under Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 20151 Oct 2026 · Company Update / General
Update on Corporate Insolvency Resolution Process29 Sep 2026 · Company Update / Updates - Corporate Insolvency Resolution Process (CIRP)
Closure of Trading Window26 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Disclosure of Voting Results under Regulation 44 of SEBI(LODR) Regulations, 201524 Sep 2026 · AGM/EGM / AGM
Proceedings of 40th AGM22 Sep 2026 · AGM/EGM / AGM
Resignation of Company Secretary & Compliance Officer29 Aug 2026 · Company Update / Resignation of Company Secretary / Compliance Officer
Resignation of Company Secretary & Compliance Officer29 Aug 2026 · Company Update / Cessation
Clarification of CIRP order24 Aug 2026 · Company Update / Updates - Corporate Insolvency Resolution Process (CIRP)
Intimation of Newspaper Publication of 40th AGM Notice and E-voting Information22 Aug 2026 · Company Update / Newspaper Publication
Intimation for Submission of Annual Report of the Company for the Financial Year 2025-2026.21 Aug 2026 · Others / Reg. 34 (1) Annual Report
Intimation for 40th Annual General Meeting (AGM) and Notice of AGM of the Company.21 Aug 2026 · AGM/EGM / AGM
Updates on Corporate Insolvency Resolution Process (CIRP)20 Aug 2026 · Company Update / Updates - Corporate Insolvency Resolution Process (CIRP)
Intimation of Newspaper Publication regarding 40th AGM of the Company Scheduled to be held on 22nd September, 2026.19 Aug 2026 · Company Update / Newspaper Publication
Intimation of Record Date for the purpose of Dividend and 40th Annual General Meeting, in continuation to our letter dated August 06, 2026.12 Aug 2026 · Corp. Action / Record Date
Intimation Pursuant to Regulation 30 if SEBI(LODR) Regulations, 2015 - Earning Presentation Q1 - 2026-278 Aug 2026 · Company Update / Investor Presentation
Intimation of Newspaper Publication of Un-audited Financial Results for the quarter ended June 30, 20268 Aug 2026 · Company Update / Newspaper Publication
Special window for re-lodgement of transfer request for Physical Shares7 Aug 2026 · Company Update / Newspaper Publication
Continuation of Mr. Bidadi Anjani Kumar (DIN: 00022417) as a Non Executive Non Independent Director who will attain the age of 75 years.6 Aug 2026 · Company Update / General
Intimation for 40th AGM, Book Closure and E-Voting Dates6 Aug 2026 · Corp. Action / Book Closure
Intimation of record date for the purpose of Dividend and 40th AGM6 Aug 2026 · Corp. Action / Record Date
Appointment of Mr. Manoj Kumar Saxena designated as SMP of the Company6 Aug 2026 · Company Update / Change in Management
Re-appointment of Mr. Rajiv Batra (DIN: 00082866) as Non- Executive Independent Director of the Company6 Aug 2026 · Company Update / Change in Management
Appointment of Scrutinizer for the 40th AGM of the Company6 Aug 2026 · Company Update / General
Results6 Aug 2026 · Result / Financial Results
Outcome of the Board Meeting held on August 06, 20266 Aug 2026 · Board Meeting / Outcome of Board Meeting
Intimation regarding Newspaper Advertisement regarding identified shareholders whose equity shares are qualified for transfer to IEPF authority as required.1 Aug 2026 · Company Update / Newspaper Publication
Intimation of allotment of 6497 Equity Shares pursuant to exercise of Employees Stock Options under "The Hi-Tech Gears Limited Stock Incentive Plan, 2021"31 Jul 2026 · Company Update / Allotment of ESOP / ESPS
The Hi-Tech Gears Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/08/2026 ,inter alia, to consider and approve i) the Un-audited (Standalone ....29 Jul 2026 · Board Meeting / Board Meeting
Certificate under Reg. 74(5) of SEBI (DP) Regulations, 20186 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading Window25 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Disclosure under regulation 30 read with Schedule III of SEBI (LODR) Regulations, 201519 Jun 2026 · Company Update / General
Special Window for Re-lodgment of transfer request of Physical Shares6 Jun 2026 · Company Update / Newspaper Publication
Intimation pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 - Investor Presentation Q4 - FY 2026/ FY2026.2 Jun 2026 · Company Update / Investor Presentation
Intimation regarding publication of Audited Financial Results for the quarter and Year ended March 31, 2026 in Newspapers.31 May 2026 · Company Update / Newspaper Publication

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 4.0000	15 Sep 2026	15 Sep 2026	—
Final Dividend - Rs. - 5.0000	19 Sep 2025	19 Sep 2025	—
Final Dividend - Rs. - 5.0000	19 Sep 2024	—	—

Board meetings

4 Nov 2026 Board Meeting - Financial Results
6 Aug 2026 Board Meeting - Financial Results