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Last Updated on: 04 April, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

The Hi-Tech Gears Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 2, 2025, 9:02 pm

Market Cap 1,187 Cr.
Current Price 623
High / Low 1,280/515
Stock P/E24.5
Book Value 261
Dividend Yield0.80 %
ROCE12.5 %
ROE12.2 %
Face Value 10.0
PEG Ratio2.23

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for The Hi-Tech Gears Ltd

Competitors of The Hi-Tech Gears Ltd

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Him Teknoforge Ltd 149 Cr. 169 274/11716.0 2340.24 %8.63 %4.10 % 2.00
The Hi-Tech Gears Ltd 1,187 Cr. 623 1,280/51524.5 2610.80 %12.5 %12.2 % 10.0
JTEKT India Ltd 3,171 Cr. 125 226/10640.4 30.00.48 %15.9 %12.4 % 1.00
Bharat Gears Ltd 106 Cr. 69.1 123/64.8 79.70.00 %1.65 %9.13 % 10.0
Industry Average1,153.25 Cr246.5326.97151.180.38%9.67%9.46%5.75

All Competitor Stocks of The Hi-Tech Gears Ltd

Quarterly Result

MetricDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Sales 222.63288.64291.74313.77277.16286.55263.50283.64272.91286.87260.63246.39205.06
Expenses 216.71254.05260.15275.00239.37253.37230.29248.50232.16246.04219.69211.21178.51
Operating Profit 5.9234.5931.5938.7737.7933.1833.2135.1440.7540.8340.9435.1826.55
OPM % 2.66%11.98%10.83%12.36%13.63%11.58%12.60%12.39%14.93%14.23%15.71%14.28%12.95%
Other Income 2.822.212.122.692.180.943.0978.452.073.332.411.913.10
Interest 6.538.087.768.148.548.739.0013.878.216.696.455.654.93
Depreciation 13.8814.6819.8023.5423.6815.1315.0115.0214.8716.2815.5916.0015.95
Profit before tax -11.6714.046.159.787.7510.2612.2984.7019.7421.1921.3115.448.77
Tax % 12.00%19.94%93.98%63.91%66.84%-62.18%24.33%14.75%24.52%15.90%33.18%38.21%21.66%
Net Profit -13.0611.240.373.532.5716.649.3072.2214.9117.8314.249.546.87
EPS in Rs -6.965.990.201.881.378.874.9638.487.949.507.585.083.66

Last Updated: February 28, 2025, 4:40 pm

Below is a detailed analysis of the quarterly data for The Hi-Tech Gears Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

  • For Sales, as of Dec 2024, the value is ₹205.06 Cr.. The value appears to be declining and may need further review. It has decreased from 246.39 Cr. (Sep 2024) to ₹205.06 Cr., marking a decrease of 41.33 Cr..
  • For Expenses, as of Dec 2024, the value is ₹178.51 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 211.21 Cr. (Sep 2024) to ₹178.51 Cr., marking a decrease of 32.70 Cr..
  • For Operating Profit, as of Dec 2024, the value is ₹26.55 Cr.. The value appears to be declining and may need further review. It has decreased from 35.18 Cr. (Sep 2024) to ₹26.55 Cr., marking a decrease of 8.63 Cr..
  • For OPM %, as of Dec 2024, the value is 12.95%. The value appears to be declining and may need further review. It has decreased from 14.28% (Sep 2024) to 12.95%, marking a decrease of 1.33%.
  • For Other Income, as of Dec 2024, the value is ₹3.10 Cr.. The value appears strong and on an upward trend. It has increased from 1.91 Cr. (Sep 2024) to ₹3.10 Cr., marking an increase of 1.19 Cr..
  • For Interest, as of Dec 2024, the value is ₹4.93 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 5.65 Cr. (Sep 2024) to ₹4.93 Cr., marking a decrease of 0.72 Cr..
  • For Depreciation, as of Dec 2024, the value is ₹15.95 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 16.00 Cr. (Sep 2024) to ₹15.95 Cr., marking a decrease of 0.05 Cr..
  • For Profit before tax, as of Dec 2024, the value is ₹8.77 Cr.. The value appears to be declining and may need further review. It has decreased from 15.44 Cr. (Sep 2024) to ₹8.77 Cr., marking a decrease of 6.67 Cr..
  • For Tax %, as of Dec 2024, the value is 21.66%. The value appears to be improving (decreasing) as expected. It has decreased from 38.21% (Sep 2024) to 21.66%, marking a decrease of 16.55%.
  • For Net Profit, as of Dec 2024, the value is ₹6.87 Cr.. The value appears to be declining and may need further review. It has decreased from 9.54 Cr. (Sep 2024) to ₹6.87 Cr., marking a decrease of 2.67 Cr..
  • For EPS in Rs, as of Dec 2024, the value is 3.66. The value appears to be declining and may need further review. It has decreased from 5.08 (Sep 2024) to 3.66, marking a decrease of 1.42.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 2:37 pm

MetricMar 2006Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales 1954717499147227469711,1691,107999
Expenses 1784156548006386568891,028957855
Operating Profit 175695113849082141150144
OPM % 9%12%13%12%12%12%8%12%14%14%
Other Income 7720171110888711
Interest 542429332326333824
Depreciation 9263942434352826164
Profit before tax 93352591934113413867
Tax % 40%38%34%39%56%15%110%32%17%
Net Profit 6203436829-12311448
EPS in Rs 10.7318.2418.964.4115.34-0.5912.3160.8425.82
Dividend Payout % 42%23%19%18%34%13%-256%20%8%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)70.00%5.88%-77.78%262.50%-103.45%2400.00%395.65%
Change in YoY Net Profit Growth (%)0.00%-64.12%-83.66%340.28%-365.95%2503.45%-2004.35%

The Hi-Tech Gears Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 7 years from 2017-2018 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:%
5 Years:4%
3 Years:14%
TTM:-10%
Compounded Profit Growth
10 Years:%
5 Years:11%
3 Years:20%
TTM:2%
Stock Price CAGR
10 Years:7%
5 Years:53%
3 Years:36%
1 Year:-34%
Return on Equity
10 Years:%
5 Years:7%
3 Years:7%
Last Year:12%

Last Updated: Unknown

Balance Sheet

Last Updated: February 12, 2025, 2:42 pm

MonthMar 2006Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital 9191919191919191919
Reserves 30183222253257302312336447471
Borrowings 90319366440352427471457298261
Other Liabilities 52160128155161174201171144129
Total Liabilities 1816807348677899221,002983908879
Fixed Assets 105403423444446468528496462469
CWIP 71113193471381342
Investments 000481012121212
Other Assets 70267298400301373424462430396
Total Assets 1816807348677899221,002983908879

Below is a detailed analysis of the balance sheet data for The Hi-Tech Gears Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2024, the value is ₹19.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 19.00 Cr..
  • For Reserves, as of Sep 2024, the value is ₹471.00 Cr.. The value appears strong and on an upward trend. It has increased from 447.00 Cr. (Mar 2024) to ₹471.00 Cr., marking an increase of 24.00 Cr..
  • For Borrowings, as of Sep 2024, the value is ₹261.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 298.00 Cr. (Mar 2024) to ₹261.00 Cr., marking a decrease of 37.00 Cr..
  • For Other Liabilities, as of Sep 2024, the value is ₹129.00 Cr.. The value appears to be improving (decreasing). It has decreased from 144.00 Cr. (Mar 2024) to ₹129.00 Cr., marking a decrease of 15.00 Cr..
  • For Total Liabilities, as of Sep 2024, the value is ₹879.00 Cr.. The value appears to be improving (decreasing). It has decreased from 908.00 Cr. (Mar 2024) to ₹879.00 Cr., marking a decrease of 29.00 Cr..
  • For Fixed Assets, as of Sep 2024, the value is ₹469.00 Cr.. The value appears strong and on an upward trend. It has increased from 462.00 Cr. (Mar 2024) to ₹469.00 Cr., marking an increase of 7.00 Cr..
  • For CWIP, as of Sep 2024, the value is ₹2.00 Cr.. The value appears to be declining and may need further review. It has decreased from 4.00 Cr. (Mar 2024) to ₹2.00 Cr., marking a decrease of 2.00 Cr..
  • For Investments, as of Sep 2024, the value is ₹12.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 12.00 Cr..
  • For Other Assets, as of Sep 2024, the value is ₹396.00 Cr.. The value appears to be declining and may need further review. It has decreased from 430.00 Cr. (Mar 2024) to ₹396.00 Cr., marking a decrease of 34.00 Cr..
  • For Total Assets, as of Sep 2024, the value is ₹879.00 Cr.. The value appears to be declining and may need further review. It has decreased from 908.00 Cr. (Mar 2024) to ₹879.00 Cr., marking a decrease of 29.00 Cr..

Notably, the Reserves (₹471.00 Cr.) exceed the Borrowings (261.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2006Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +15541547184375654117
Cash from Investing Activity +-48-119-72-85-40-51-56-41143
Cash from Financing Activity +33261860-1512511-41-280
Net Cash Flow1-40-3922-71210-27-19

Free Cash Flow

MonthMar 2006Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-73.00-263.00-271.00-327.00-268.00-337.00-389.00-316.00-148.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2006Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days348275684673656566
Inventory Days1248566879291887579
Days Payable1588675791021121097369
Cash Conversion Cycle08166763752456776
Working Capital Days39285351854496274
ROCE %13%12%8%8%5%8%12%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters56.00%56.22%56.22%56.22%56.22%56.22%56.22%56.26%56.26%56.26%56.23%56.23%
FIIs0.00%0.02%0.00%0.00%0.00%0.00%0.00%0.00%0.02%0.00%0.06%0.01%
DIIs0.01%0.00%0.01%0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Government0.00%0.00%0.00%0.00%0.01%0.01%0.02%0.02%0.02%0.02%0.02%0.02%
Public43.99%43.76%43.78%43.78%43.76%43.77%43.77%43.72%43.69%43.73%43.70%43.75%
No. of Shareholders7,7857,5837,4637,5547,7366,6436,3097,1767,4147,2849,56711,872

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 60.8612.32-0.5915.344.41
Diluted EPS (Rs.) 60.7312.30-0.5915.344.41
Cash EPS (Rs.) 93.4256.0927.2738.2927.34
Book Value[Excl.RevalReserv]/Share (Rs.) 248.24188.85176.23170.90147.18
Book Value[Incl.RevalReserv]/Share (Rs.) 248.24188.85176.23170.90147.18
Revenue From Operations / Share (Rs.) 589.47622.99517.17397.24384.71
PBDIT / Share (Rs.) 85.1479.5347.7653.4850.70
PBIT / Share (Rs.) 52.5635.7619.9030.5327.77
PBT / Share (Rs.) 73.4518.095.8118.1210.11
Net Profit / Share (Rs.) 60.8412.32-0.5815.344.41
NP After MI And SOA / Share (Rs.) 60.8412.32-0.5815.344.41
PBDIT Margin (%) 14.4412.769.2313.4613.17
PBIT Margin (%) 8.915.733.847.687.21
PBT Margin (%) 12.462.901.124.562.62
Net Profit Margin (%) 10.321.97-0.113.861.14
NP After MI And SOA Margin (%) 10.321.97-0.113.861.14
Return on Networth / Equity (%) 24.506.52-0.338.972.99
Return on Capital Employeed (%) 16.0511.145.658.668.76
Return On Assets (%) 12.572.34-0.103.121.04
Long Term Debt / Equity (X) 0.110.610.901.031.09
Total Debt / Equity (X) 0.411.221.341.161.09
Asset Turnover Ratio (%) 1.171.180.780.730.70
Current Ratio (X) 1.421.161.201.351.43
Quick Ratio (X) 0.990.840.851.000.99
Inventory Turnover Ratio (X) 4.444.803.883.542.88
Dividend Payout Ratio (NP) (%) 4.100.000.000.0095.68
Dividend Payout Ratio (CP) (%) 2.670.000.000.0015.43
Earning Retention Ratio (%) 95.900.000.000.004.32
Cash Earning Retention Ratio (%) 97.330.000.000.0084.57
Interest Coverage Ratio (X) 4.234.503.394.312.87
Interest Coverage Ratio (Post Tax) (X) 1.991.700.952.241.25
Enterprise Value (Cr.) 1583.85827.56761.72620.24364.19
EV / Net Operating Revenue (X) 1.430.700.780.830.50
EV / EBITDA (X) 9.915.548.506.183.83
MarketCap / Net Operating Revenue (X) 1.300.400.410.430.18
Retention Ratios (%) 95.890.000.000.004.31
Price / BV (X) 3.101.341.221.010.48
Price / Net Operating Revenue (X) 1.300.400.410.430.18
EarningsYield 0.070.040.000.080.06

After reviewing the key financial ratios for The Hi-Tech Gears Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
  • For Basic EPS (Rs.), as of Mar 24, the value is 60.86. This value is within the healthy range. It has increased from 12.32 (Mar 23) to 60.86, marking an increase of 48.54.
  • For Diluted EPS (Rs.), as of Mar 24, the value is 60.73. This value is within the healthy range. It has increased from 12.30 (Mar 23) to 60.73, marking an increase of 48.43.
  • For Cash EPS (Rs.), as of Mar 24, the value is 93.42. This value is within the healthy range. It has increased from 56.09 (Mar 23) to 93.42, marking an increase of 37.33.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 248.24. It has increased from 188.85 (Mar 23) to 248.24, marking an increase of 59.39.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 248.24. It has increased from 188.85 (Mar 23) to 248.24, marking an increase of 59.39.
  • For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 589.47. It has decreased from 622.99 (Mar 23) to 589.47, marking a decrease of 33.52.
  • For PBDIT / Share (Rs.), as of Mar 24, the value is 85.14. This value is within the healthy range. It has increased from 79.53 (Mar 23) to 85.14, marking an increase of 5.61.
  • For PBIT / Share (Rs.), as of Mar 24, the value is 52.56. This value is within the healthy range. It has increased from 35.76 (Mar 23) to 52.56, marking an increase of 16.80.
  • For PBT / Share (Rs.), as of Mar 24, the value is 73.45. This value is within the healthy range. It has increased from 18.09 (Mar 23) to 73.45, marking an increase of 55.36.
  • For Net Profit / Share (Rs.), as of Mar 24, the value is 60.84. This value is within the healthy range. It has increased from 12.32 (Mar 23) to 60.84, marking an increase of 48.52.
  • For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 60.84. This value is within the healthy range. It has increased from 12.32 (Mar 23) to 60.84, marking an increase of 48.52.
  • For PBDIT Margin (%), as of Mar 24, the value is 14.44. This value is within the healthy range. It has increased from 12.76 (Mar 23) to 14.44, marking an increase of 1.68.
  • For PBIT Margin (%), as of Mar 24, the value is 8.91. This value is below the healthy minimum of 10. It has increased from 5.73 (Mar 23) to 8.91, marking an increase of 3.18.
  • For PBT Margin (%), as of Mar 24, the value is 12.46. This value is within the healthy range. It has increased from 2.90 (Mar 23) to 12.46, marking an increase of 9.56.
  • For Net Profit Margin (%), as of Mar 24, the value is 10.32. This value exceeds the healthy maximum of 10. It has increased from 1.97 (Mar 23) to 10.32, marking an increase of 8.35.
  • For NP After MI And SOA Margin (%), as of Mar 24, the value is 10.32. This value is within the healthy range. It has increased from 1.97 (Mar 23) to 10.32, marking an increase of 8.35.
  • For Return on Networth / Equity (%), as of Mar 24, the value is 24.50. This value is within the healthy range. It has increased from 6.52 (Mar 23) to 24.50, marking an increase of 17.98.
  • For Return on Capital Employeed (%), as of Mar 24, the value is 16.05. This value is within the healthy range. It has increased from 11.14 (Mar 23) to 16.05, marking an increase of 4.91.
  • For Return On Assets (%), as of Mar 24, the value is 12.57. This value is within the healthy range. It has increased from 2.34 (Mar 23) to 12.57, marking an increase of 10.23.
  • For Long Term Debt / Equity (X), as of Mar 24, the value is 0.11. This value is below the healthy minimum of 0.2. It has decreased from 0.61 (Mar 23) to 0.11, marking a decrease of 0.50.
  • For Total Debt / Equity (X), as of Mar 24, the value is 0.41. This value is within the healthy range. It has decreased from 1.22 (Mar 23) to 0.41, marking a decrease of 0.81.
  • For Asset Turnover Ratio (%), as of Mar 24, the value is 1.17. It has decreased from 1.18 (Mar 23) to 1.17, marking a decrease of 0.01.
  • For Current Ratio (X), as of Mar 24, the value is 1.42. This value is below the healthy minimum of 1.5. It has increased from 1.16 (Mar 23) to 1.42, marking an increase of 0.26.
  • For Quick Ratio (X), as of Mar 24, the value is 0.99. This value is below the healthy minimum of 1. It has increased from 0.84 (Mar 23) to 0.99, marking an increase of 0.15.
  • For Inventory Turnover Ratio (X), as of Mar 24, the value is 4.44. This value is within the healthy range. It has decreased from 4.80 (Mar 23) to 4.44, marking a decrease of 0.36.
  • For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 4.10. This value is below the healthy minimum of 20. It has increased from 0.00 (Mar 23) to 4.10, marking an increase of 4.10.
  • For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 2.67. This value is below the healthy minimum of 20. It has increased from 0.00 (Mar 23) to 2.67, marking an increase of 2.67.
  • For Earning Retention Ratio (%), as of Mar 24, the value is 95.90. This value exceeds the healthy maximum of 70. It has increased from 0.00 (Mar 23) to 95.90, marking an increase of 95.90.
  • For Cash Earning Retention Ratio (%), as of Mar 24, the value is 97.33. This value exceeds the healthy maximum of 70. It has increased from 0.00 (Mar 23) to 97.33, marking an increase of 97.33.
  • For Interest Coverage Ratio (X), as of Mar 24, the value is 4.23. This value is within the healthy range. It has decreased from 4.50 (Mar 23) to 4.23, marking a decrease of 0.27.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 1.99. This value is below the healthy minimum of 3. It has increased from 1.70 (Mar 23) to 1.99, marking an increase of 0.29.
  • For Enterprise Value (Cr.), as of Mar 24, the value is 1,583.85. It has increased from 827.56 (Mar 23) to 1,583.85, marking an increase of 756.29.
  • For EV / Net Operating Revenue (X), as of Mar 24, the value is 1.43. This value is within the healthy range. It has increased from 0.70 (Mar 23) to 1.43, marking an increase of 0.73.
  • For EV / EBITDA (X), as of Mar 24, the value is 9.91. This value is within the healthy range. It has increased from 5.54 (Mar 23) to 9.91, marking an increase of 4.37.
  • For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 1.30. This value is within the healthy range. It has increased from 0.40 (Mar 23) to 1.30, marking an increase of 0.90.
  • For Retention Ratios (%), as of Mar 24, the value is 95.89. This value exceeds the healthy maximum of 70. It has increased from 0.00 (Mar 23) to 95.89, marking an increase of 95.89.
  • For Price / BV (X), as of Mar 24, the value is 3.10. This value exceeds the healthy maximum of 3. It has increased from 1.34 (Mar 23) to 3.10, marking an increase of 1.76.
  • For Price / Net Operating Revenue (X), as of Mar 24, the value is 1.30. This value is within the healthy range. It has increased from 0.40 (Mar 23) to 1.30, marking an increase of 0.90.
  • For EarningsYield, as of Mar 24, the value is 0.07. This value is below the healthy minimum of 5. It has increased from 0.04 (Mar 23) to 0.07, marking an increase of 0.03.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of The Hi-Tech Gears Ltd as of April 4, 2025 is: 629.10

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 4, 2025, The Hi-Tech Gears Ltd is Undervalued by 0.98% compared to the current share price 623.00

Intrinsic Value of The Hi-Tech Gears Ltd as of April 4, 2025 is: 698.15

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 4, 2025, The Hi-Tech Gears Ltd is Undervalued by 12.06% compared to the current share price 623.00

Last 5 Year EPS CAGR: 10.98%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has shown consistent growth in sales (576.90 cr) and profit (45.60 cr) over the years.
  1. The stock has a low average ROCE of 7.33%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 46.44, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 55.56, which may not be favorable.
  4. The company has higher borrowings (348.10) compared to reserves (281.30), which may suggest financial risk.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in The Hi-Tech Gears Ltd:
    1. Net Profit Margin: 10.32%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 16.05% (Industry Average ROCE: 9.67%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 24.5% (Industry Average ROE: 9.46%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 1.99
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.99
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 24.5 (Industry average Stock P/E: 26.97)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.41
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

The Hi-Tech Gears Ltd. is a Public Limited Listed company incorporated on 23/10/1986 and has its registered office in the State of Haryana, India. Company's Corporate Identification Number(CIN) is L29130HR1986PLC081555 and registration number is 004536. Currently Company is involved in the business activities of Manufacture of diverse parts and accessories for motor vehecles sucs as brakes, gearboxes, axles, road wheels, suspension shock absorbers, radiators, silencers, exhaust pipes, catalysers, clutches, steering wheels, steering columns and steering boxes etc.. Company's Total Operating Revenue is Rs. 779.98 Cr. and Equity Capital is Rs. 18.78 Cr. for the Year ended 31/03/2024.
INDUSTRYADDRESSCONTACT
Auto Ancl - Gears & DrivePlot No. 24, 25 & 26, Gurgaon Haryana 122050secretarial@thehitechgears.com
http://www.thehitechgears.com
Management
NamePosition Held
Mr. Deep KapuriaExecutive Chairman
Mr. Anant Jaivant TalaulicarVice Chairman
Mr. Pranav KapuriaManaging Director
Mr. Amresh Kumar VermaExecutive Director
Mr. Girish NarangExecutive Director
Mr. Anuj KapuriaExecutive Director
Mr. Bidadi Anjani KumarNon Executive Director
Mr. Kawal JainNon Executive Director
Mr. Anil Kumar KhannaIndependent Director
Mr. Sandeep DinodiaIndependent Director
Mr. Vinit TanejaIndependent Director
Mr. Krishan Chandra VermaIndependent Director
Ms. Malini SudIndependent Director
Mr. Rajiv BatraIndependent Director
Mr. Ramesh Shankarmal PilaniIndependent Director
Mr. Deval Mahadev DesaiIndependent Director
Mr. Sameer GuptaIndependent Director
Mr. Arjun JunejaIndependent Director
Mr. Vikram Rupchand JaisinghaniIndependent Director

FAQ

What is the intrinsic value of The Hi-Tech Gears Ltd?

The Hi-Tech Gears Ltd's intrinsic value (as of 04 April 2025) is ₹629.10 — 0.98% higher the current market price of ₹623.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 1,187 Cr. market cap, FY2025-2026 high/low of ₹1,280/515, reserves of 471 Cr, and liabilities of 879 Cr.

What is the Market Cap of The Hi-Tech Gears Ltd?

The Market Cap of The Hi-Tech Gears Ltd is 1,187 Cr..

What is the current Stock Price of The Hi-Tech Gears Ltd as on 04 April 2025?

The current stock price of The Hi-Tech Gears Ltd as on 04 April 2025 is 623.

What is the High / Low of The Hi-Tech Gears Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of The Hi-Tech Gears Ltd stocks is ₹1,280/515.

What is the Stock P/E of The Hi-Tech Gears Ltd?

The Stock P/E of The Hi-Tech Gears Ltd is 24.5.

What is the Book Value of The Hi-Tech Gears Ltd?

The Book Value of The Hi-Tech Gears Ltd is 261.

What is the Dividend Yield of The Hi-Tech Gears Ltd?

The Dividend Yield of The Hi-Tech Gears Ltd is 0.80 %.

What is the ROCE of The Hi-Tech Gears Ltd?

The ROCE of The Hi-Tech Gears Ltd is 12.5 %.

What is the ROE of The Hi-Tech Gears Ltd?

The ROE of The Hi-Tech Gears Ltd is 12.2 %.

What is the Face Value of The Hi-Tech Gears Ltd?

The Face Value of The Hi-Tech Gears Ltd is 10.0.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in The Hi-Tech Gears Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE