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

Share Price and Basic Stock Data

Last Updated: July 12, 2025, 11:36 am

Market Cap	1,307 Cr.
Current Price	695
High / Low	1,065/515
Stock P/E	32.4
Book Value	257
Dividend Yield	0.72 %
ROCE	11.6 %
ROE	8.50 %
Face Value	10.0
PEG Ratio	4.65

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

Stock P/E Current Price Intrinsic Value

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	212 Cr.	224	274/149	21.7	233	0.18 %	8.99 %	4.88 %	2.00
The Hi-Tech Gears Ltd	1,307 Cr.	695	1,065/515	32.4	257	0.72 %	11.6 %	8.50 %	10.0
Bharat Gears Ltd	137 Cr.	89.2	120/64.8		73.5	0.00 %	1.88 %	11.8 %	10.0
Industry Average	552.00 Cr	336.07		27.05	187.83	0.30%	7.49%	8.39%	7.33

All Competitor Stocks of The Hi-Tech Gears Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	288.64	291.74	313.77	277.16	286.55	263.50	283.64	272.91	286.87	260.63	246.39	205.06	214.88
Expenses	254.05	260.15	275.00	239.37	253.37	230.29	248.50	232.16	246.04	219.69	211.21	178.51	181.66
Operating Profit	34.59	31.59	38.77	37.79	33.18	33.21	35.14	40.75	40.83	40.94	35.18	26.55	33.22
OPM %	11.98%	10.83%	12.36%	13.63%	11.58%	12.60%	12.39%	14.93%	14.23%	15.71%	14.28%	12.95%	15.46%
Other Income	2.21	2.12	2.69	2.18	0.94	3.09	78.45	2.07	3.33	2.41	1.91	3.10	4.30
Interest	8.08	7.76	8.14	8.54	8.73	9.00	13.87	8.21	6.69	6.45	5.65	4.93	4.34
Depreciation	14.68	19.80	23.54	23.68	15.13	15.01	15.02	14.87	16.28	15.59	16.00	15.95	15.93
Profit before tax	14.04	6.15	9.78	7.75	10.26	12.29	84.70	19.74	21.19	21.31	15.44	8.77	17.25
Tax %	19.94%	93.98%	63.91%	66.84%	-62.18%	24.33%	14.75%	24.52%	15.90%	33.18%	38.21%	21.66%	43.65%
Net Profit	11.24	0.37	3.53	2.57	16.64	9.30	72.22	14.91	17.83	14.24	9.54	6.87	9.72
EPS in Rs	5.99	0.20	1.88	1.37	8.87	4.96	38.48	7.94	9.50	7.58	5.08	3.66	5.17

Last Updated: May 31, 2025, 7:33 am

Below is a detailed analysis of the quarterly data for The Hi-Tech Gears Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 214.88 Cr.. The value appears strong and on an upward trend. It has increased from 205.06 Cr. (Dec 2024) to 214.88 Cr., marking an increase of 9.82 Cr..
For Expenses, as of Mar 2025, the value is 181.66 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 178.51 Cr. (Dec 2024) to 181.66 Cr., marking an increase of 3.15 Cr..
For Operating Profit, as of Mar 2025, the value is 33.22 Cr.. The value appears strong and on an upward trend. It has increased from 26.55 Cr. (Dec 2024) to 33.22 Cr., marking an increase of 6.67 Cr..
For OPM %, as of Mar 2025, the value is 15.46%. The value appears strong and on an upward trend. It has increased from 12.95% (Dec 2024) to 15.46%, marking an increase of 2.51%.
For Other Income, as of Mar 2025, the value is 4.30 Cr.. The value appears strong and on an upward trend. It has increased from 3.10 Cr. (Dec 2024) to 4.30 Cr., marking an increase of 1.20 Cr..
For Interest, as of Mar 2025, the value is 4.34 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 4.93 Cr. (Dec 2024) to 4.34 Cr., marking a decrease of 0.59 Cr..
For Depreciation, as of Mar 2025, the value is 15.93 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 15.95 Cr. (Dec 2024) to 15.93 Cr., marking a decrease of 0.02 Cr..
For Profit before tax, as of Mar 2025, the value is 17.25 Cr.. The value appears strong and on an upward trend. It has increased from 8.77 Cr. (Dec 2024) to 17.25 Cr., marking an increase of 8.48 Cr..
For Tax %, as of Mar 2025, the value is 43.65%. The value appears to be increasing, which may not be favorable. It has increased from 21.66% (Dec 2024) to 43.65%, marking an increase of 21.99%.
For Net Profit, as of Mar 2025, the value is 9.72 Cr.. The value appears strong and on an upward trend. It has increased from 6.87 Cr. (Dec 2024) to 9.72 Cr., marking an increase of 2.85 Cr..
For EPS in Rs, as of Mar 2025, the value is 5.17. The value appears strong and on an upward trend. It has increased from 3.66 (Dec 2024) to 5.17, marking an increase of 1.51.

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: June 16, 2025, 3:46 pm

Metric	Mar 2006	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	195	471	749	914	722	746	971	1,169	1,107	927
Expenses	178	415	654	800	638	656	889	1,028	957	791
Operating Profit	17	56	95	113	84	90	82	141	150	136
OPM %	9%	12%	13%	12%	12%	12%	8%	12%	14%	15%
Other Income	7	7	20	17	11	10	8	8	87	12
Interest	5	4	24	29	33	23	26	33	38	21
Depreciation	9	26	39	42	43	43	52	82	61	63
Profit before tax	9	33	52	59	19	34	11	34	138	63
Tax %	40%	38%	34%	39%	56%	15%	110%	32%	17%	36%
Net Profit	6	20	34	36	8	29	-1	23	114	40
EPS in Rs		10.73	18.24	18.96	4.41	15.34	-0.59	12.31	60.84	21.48
Dividend Payout %	42%	23%	19%	18%	34%	13%	-256%	20%	8%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	70.00%	5.88%	-77.78%	262.50%	-103.45%	2400.00%	395.65%	-64.91%
Change in YoY Net Profit Growth (%)	0.00%	-64.12%	-83.66%	340.28%	-365.95%	2503.45%	-2004.35%	-460.56%

The Hi-Tech Gears Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2017-2018 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	5%
3 Years:	-2%
TTM:	-16%

Compounded Profit Growth
10 Years:	%
5 Years:	37%
3 Years:	264%
TTM:	-20%

Stock Price CAGR
10 Years:	8%
5 Years:	46%
3 Years:	53%
1 Year:	-28%

Return on Equity
10 Years:	%
5 Years:	8%
3 Years:	9%
Last Year:	9%

Last Updated: Unknown

Balance Sheet

Last Updated: June 16, 2025, 11:13 am

Month	Mar 2006	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	9	19	19	19	19	19	19	19	19	19
Reserves	30	183	222	253	257	302	312	336	447	465
Borrowings	90	319	366	440	352	427	471	457	298	202
Other Liabilities	52	160	128	155	161	174	201	171	144	118
Total Liabilities	181	680	734	867	789	922	1,002	983	908	804
Fixed Assets	105	403	423	444	446	468	528	496	462	445
CWIP	7	11	13	19	34	71	38	13	4	1
Investments	0	0	0	4	8	10	12	12	12	1
Other Assets	70	267	298	400	301	373	424	462	430	357
Total Assets	181	680	734	867	789	922	1,002	983	908	804

Below is a detailed analysis of the balance sheet data for The Hi-Tech Gears Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, 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 Mar 2025, the value is 465.00 Cr.. The value appears strong and on an upward trend. It has increased from 447.00 Cr. (Mar 2024) to 465.00 Cr., marking an increase of 18.00 Cr..
For Borrowings, as of Mar 2025, the value is 202.00 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 202.00 Cr., marking a decrease of 96.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 118.00 Cr.. The value appears to be improving (decreasing). It has decreased from 144.00 Cr. (Mar 2024) to 118.00 Cr., marking a decrease of 26.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 804.00 Cr.. The value appears to be improving (decreasing). It has decreased from 908.00 Cr. (Mar 2024) to 804.00 Cr., marking a decrease of 104.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 445.00 Cr.. The value appears to be declining and may need further review. It has decreased from 462.00 Cr. (Mar 2024) to 445.00 Cr., marking a decrease of 17.00 Cr..
For CWIP, as of Mar 2025, the value is 1.00 Cr.. The value appears to be declining and may need further review. It has decreased from 4.00 Cr. (Mar 2024) to 1.00 Cr., marking a decrease of 3.00 Cr..
For Investments, as of Mar 2025, the value is 1.00 Cr.. The value appears to be declining and may need further review. It has decreased from 12.00 Cr. (Mar 2024) to 1.00 Cr., marking a decrease of 11.00 Cr..
For Other Assets, as of Mar 2025, the value is 357.00 Cr.. The value appears to be declining and may need further review. It has decreased from 430.00 Cr. (Mar 2024) to 357.00 Cr., marking a decrease of 73.00 Cr..
For Total Assets, as of Mar 2025, the value is 804.00 Cr.. The value appears to be declining and may need further review. It has decreased from 908.00 Cr. (Mar 2024) to 804.00 Cr., marking a decrease of 104.00 Cr..

Notably, the Reserves (465.00 Cr.) exceed the Borrowings (202.00 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

Month	Month		Mar 2006	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Cash from Operating Activity +	15	54	15	47	184	37	56	54	117	149
Cash from Investing Activity +	-48	-119	-72	-85	-40	-51	-56	-41	143	-1
Cash from Financing Activity +	33	26	18	60	-151	25	11	-41	-280	-150
Net Cash Flow	1	-40	-39	22	-7	12	10	-27	-19	-3

Free Cash Flow

Month	Mar 2006	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-73.00	-263.00	-271.00	-327.00	-268.00	-337.00	-389.00	-316.00	-148.00	-66.00

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

Month	Mar 2006	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	34	82	75	68	46	73	65	65	66
Inventory Days	124	85	66	87	92	91	88	75	79
Days Payable	158	86	75	79	102	112	109	73	69
Cash Conversion Cycle	0	81	66	76	37	52	45	67	76
Working Capital Days	39	28	53	51	8	54	49	62	74
ROCE %			13%	12%	8%	8%	5%	8%	12%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	56.00%	56.22%	56.22%	56.22%	56.22%	56.22%	56.22%	56.26%	56.26%	56.26%	56.23%	56.23%
FIIs	0.00%	0.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.02%	0.00%	0.06%	0.01%
DIIs	0.01%	0.00%	0.01%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Government	0.00%	0.00%	0.00%	0.00%	0.01%	0.01%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
Public	43.99%	43.76%	43.78%	43.78%	43.76%	43.77%	43.77%	43.72%	43.69%	43.73%	43.70%	43.75%
No. of Shareholders	7,785	7,583	7,463	7,554	7,736	6,643	6,309	7,176	7,414	7,284	9,567	11,872

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	21.49	60.86	12.32	-0.59	15.34
Diluted EPS (Rs.)	21.46	60.73	12.30	-0.59	15.34
Cash EPS (Rs.)	55.25	93.42	56.09	27.27	38.29
Book Value[Excl.RevalReserv]/Share (Rs.)	257.32	248.24	188.85	176.23	170.90
Book Value[Incl.RevalReserv]/Share (Rs.)	257.32	248.24	188.85	176.23	170.90
Revenue From Operations / Share (Rs.)	493.25	589.47	622.99	517.17	397.24
PBDIT / Share (Rs.)	78.54	85.14	79.53	47.76	53.48
PBIT / Share (Rs.)	44.77	52.56	35.76	19.90	30.53
PBT / Share (Rs.)	33.40	73.45	18.09	5.81	18.12
Net Profit / Share (Rs.)	21.48	60.84	12.32	-0.58	15.34
NP After MI And SOA / Share (Rs.)	21.48	60.84	12.32	-0.58	15.34
PBDIT Margin (%)	15.92	14.44	12.76	9.23	13.46
PBIT Margin (%)	9.07	8.91	5.73	3.84	7.68
PBT Margin (%)	6.77	12.46	2.90	1.12	4.56
Net Profit Margin (%)	4.35	10.32	1.97	-0.11	3.86
NP After MI And SOA Margin (%)	4.35	10.32	1.97	-0.11	3.86
Return on Networth / Equity (%)	8.34	24.50	6.52	-0.33	8.97
Return on Capital Employeed (%)	13.59	16.05	11.14	5.65	8.66
Return On Assets (%)	5.01	12.57	2.34	-0.10	3.12
Long Term Debt / Equity (X)	0.26	0.11	0.61	0.90	1.03
Total Debt / Equity (X)	0.41	0.41	1.22	1.34	1.16
Asset Turnover Ratio (%)	1.08	1.17	1.18	0.78	0.73
Current Ratio (X)	1.86	1.42	1.16	1.20	1.35
Quick Ratio (X)	1.19	0.99	0.84	0.85	1.00
Inventory Turnover Ratio (X)	3.63	4.44	4.80	3.88	3.54
Dividend Payout Ratio (NP) (%)	0.00	4.10	0.00	0.00	0.00
Dividend Payout Ratio (CP) (%)	0.00	2.67	0.00	0.00	0.00
Earning Retention Ratio (%)	0.00	95.90	0.00	0.00	0.00
Cash Earning Retention Ratio (%)	0.00	97.33	0.00	0.00	0.00
Interest Coverage Ratio (X)	6.91	4.23	4.50	3.39	4.31
Interest Coverage Ratio (Post Tax) (X)	2.89	1.99	1.70	0.95	2.24
Enterprise Value (Cr.)	1303.43	1583.85	827.56	761.72	620.24
EV / Net Operating Revenue (X)	1.41	1.43	0.70	0.78	0.83
EV / EBITDA (X)	8.83	9.91	5.54	8.50	6.18
MarketCap / Net Operating Revenue (X)	1.23	1.30	0.40	0.41	0.43
Retention Ratios (%)	0.00	95.89	0.00	0.00	0.00
Price / BV (X)	2.35	3.10	1.34	1.22	1.01
Price / Net Operating Revenue (X)	1.23	1.30	0.40	0.41	0.43
EarningsYield	0.03	0.07	0.04	0.00	0.08

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 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 25, the value is 21.49. This value is within the healthy range. It has decreased from 60.86 (Mar 24) to 21.49, marking a decrease of 39.37.
For Diluted EPS (Rs.), as of Mar 25, the value is 21.46. This value is within the healthy range. It has decreased from 60.73 (Mar 24) to 21.46, marking a decrease of 39.27.
For Cash EPS (Rs.), as of Mar 25, the value is 55.25. This value is within the healthy range. It has decreased from 93.42 (Mar 24) to 55.25, marking a decrease of 38.17.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 257.32. It has increased from 248.24 (Mar 24) to 257.32, marking an increase of 9.08.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 257.32. It has increased from 248.24 (Mar 24) to 257.32, marking an increase of 9.08.
For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 493.25. It has decreased from 589.47 (Mar 24) to 493.25, marking a decrease of 96.22.
For PBDIT / Share (Rs.), as of Mar 25, the value is 78.54. This value is within the healthy range. It has decreased from 85.14 (Mar 24) to 78.54, marking a decrease of 6.60.
For PBIT / Share (Rs.), as of Mar 25, the value is 44.77. This value is within the healthy range. It has decreased from 52.56 (Mar 24) to 44.77, marking a decrease of 7.79.
For PBT / Share (Rs.), as of Mar 25, the value is 33.40. This value is within the healthy range. It has decreased from 73.45 (Mar 24) to 33.40, marking a decrease of 40.05.
For Net Profit / Share (Rs.), as of Mar 25, the value is 21.48. This value is within the healthy range. It has decreased from 60.84 (Mar 24) to 21.48, marking a decrease of 39.36.
For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 21.48. This value is within the healthy range. It has decreased from 60.84 (Mar 24) to 21.48, marking a decrease of 39.36.
For PBDIT Margin (%), as of Mar 25, the value is 15.92. This value is within the healthy range. It has increased from 14.44 (Mar 24) to 15.92, marking an increase of 1.48.
For PBIT Margin (%), as of Mar 25, the value is 9.07. This value is below the healthy minimum of 10. It has increased from 8.91 (Mar 24) to 9.07, marking an increase of 0.16.
For PBT Margin (%), as of Mar 25, the value is 6.77. This value is below the healthy minimum of 10. It has decreased from 12.46 (Mar 24) to 6.77, marking a decrease of 5.69.
For Net Profit Margin (%), as of Mar 25, the value is 4.35. This value is below the healthy minimum of 5. It has decreased from 10.32 (Mar 24) to 4.35, marking a decrease of 5.97.
For NP After MI And SOA Margin (%), as of Mar 25, the value is 4.35. This value is below the healthy minimum of 8. It has decreased from 10.32 (Mar 24) to 4.35, marking a decrease of 5.97.
For Return on Networth / Equity (%), as of Mar 25, the value is 8.34. This value is below the healthy minimum of 15. It has decreased from 24.50 (Mar 24) to 8.34, marking a decrease of 16.16.
For Return on Capital Employeed (%), as of Mar 25, the value is 13.59. This value is within the healthy range. It has decreased from 16.05 (Mar 24) to 13.59, marking a decrease of 2.46.
For Return On Assets (%), as of Mar 25, the value is 5.01. This value is within the healthy range. It has decreased from 12.57 (Mar 24) to 5.01, marking a decrease of 7.56.
For Long Term Debt / Equity (X), as of Mar 25, the value is 0.26. This value is within the healthy range. It has increased from 0.11 (Mar 24) to 0.26, marking an increase of 0.15.
For Total Debt / Equity (X), as of Mar 25, the value is 0.41. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 0.41.
For Asset Turnover Ratio (%), as of Mar 25, the value is 1.08. It has decreased from 1.17 (Mar 24) to 1.08, marking a decrease of 0.09.
For Current Ratio (X), as of Mar 25, the value is 1.86. This value is within the healthy range. It has increased from 1.42 (Mar 24) to 1.86, marking an increase of 0.44.
For Quick Ratio (X), as of Mar 25, the value is 1.19. This value is within the healthy range. It has increased from 0.99 (Mar 24) to 1.19, marking an increase of 0.20.
For Inventory Turnover Ratio (X), as of Mar 25, the value is 3.63. This value is below the healthy minimum of 4. It has decreased from 4.44 (Mar 24) to 3.63, marking a decrease of 0.81.
For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 4.10 (Mar 24) to 0.00, marking a decrease of 4.10.
For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 2.67 (Mar 24) to 0.00, marking a decrease of 2.67.
For Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 95.90 (Mar 24) to 0.00, marking a decrease of 95.90.
For Cash Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 97.33 (Mar 24) to 0.00, marking a decrease of 97.33.
For Interest Coverage Ratio (X), as of Mar 25, the value is 6.91. This value is within the healthy range. It has increased from 4.23 (Mar 24) to 6.91, marking an increase of 2.68.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 2.89. This value is below the healthy minimum of 3. It has increased from 1.99 (Mar 24) to 2.89, marking an increase of 0.90.
For Enterprise Value (Cr.), as of Mar 25, the value is 1,303.43. It has decreased from 1,583.85 (Mar 24) to 1,303.43, marking a decrease of 280.42.
For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.41. This value is within the healthy range. It has decreased from 1.43 (Mar 24) to 1.41, marking a decrease of 0.02.
For EV / EBITDA (X), as of Mar 25, the value is 8.83. This value is within the healthy range. It has decreased from 9.91 (Mar 24) to 8.83, marking a decrease of 1.08.
For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.23. This value is within the healthy range. It has decreased from 1.30 (Mar 24) to 1.23, marking a decrease of 0.07.
For Retention Ratios (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 30. It has decreased from 95.89 (Mar 24) to 0.00, marking a decrease of 95.89.
For Price / BV (X), as of Mar 25, the value is 2.35. This value is within the healthy range. It has decreased from 3.10 (Mar 24) to 2.35, marking a decrease of 0.75.
For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.23. This value is within the healthy range. It has decreased from 1.30 (Mar 24) to 1.23, marking a decrease of 0.07.
For EarningsYield, as of Mar 25, the value is 0.03. This value is below the healthy minimum of 5. It has decreased from 0.07 (Mar 24) to 0.03, marking a decrease of 0.04.

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 July 14, 2025 is: 570.30

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 July 14, 2025, The Hi-Tech Gears Ltd is Overvalued by 17.94% compared to the current share price 695.00

Intrinsic Value of The Hi-Tech Gears Ltd as of July 14, 2025 is: 610.02

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 July 14, 2025, The Hi-Tech Gears Ltd is Overvalued by 12.23% compared to the current share price 695.00

Last 5 Year EPS CAGR: 6.97%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has shown consistent growth in sales (569.70 cr) and profit (45.20 cr) over the years.	The stock has a low average ROCE of 7.33%, which may not be favorable. The stock has a high average Working Capital Days of 46.44, which may not be favorable. The stock has a high average Cash Conversion Cycle of 55.56, which may not be favorable. The company has higher borrowings (342.20) compared to reserves (280.70), 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: 4.35%
  - 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: 13.59% (Industry Average ROCE: 7.49%)
  - 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%: 8.34% (Industry Average ROE: 8.39%)
  - 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): 2.89
  - 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: 1.19
  - 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: 32.4 (Industry average Stock P/E: 18.03)
  - 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. 657.61 Cr. and Equity Capital is Rs. 18.79 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Auto Ancl - Gears & Drive	Plot No. 24, 25 & 26, Gurgaon Haryana 122050	secretarial@thehitechgears.com http://www.thehitechgears.com

Management
Name	Position Held
Mr. Deep Kapuria	Executive Chairman
Mr. Anant Jaivant Talaulicar	Vice Chairman
Mr. Pranav Kapuria	Managing Director
Mr. Amresh Kumar Verma	Executive Director
Mr. Girish Narang	Executive Director
Mr. Anuj Kapuria	Executive Director
Mr. Bidadi Anjani Kumar	Non Executive Director
Mr. Kawal Jain	Non Executive Director
Mr. Anil Kumar Khanna	Independent Director
Mr. Sandeep Dinodia	Independent Director
Mr. Vinit Taneja	Independent Director
Mr. Krishan Chandra Verma	Independent Director
Ms. Malini Sud	Independent Director
Mr. Rajiv Batra	Independent Director
Mr. Ramesh Shankarmal Pilani	Independent Director
Mr. Deval Mahadev Desai	Independent Director
Mr. Sameer Gupta	Independent Director
Mr. Arjun Juneja	Independent Director
Mr. Vikram Rupchand Jaisinghani	Independent Director

FAQ

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

The Hi-Tech Gears Ltd's intrinsic value (as of 14 July 2025) is 570.30 17.94% lower the current market price of 695.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 1,307 Cr. market cap, FY2025-2026 high/low of 1,065/515, reserves of 465 Cr, and liabilities of 804 Cr.

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

The Market Cap of The Hi-Tech Gears Ltd is 1,307 Cr..

What is the current Stock Price of The Hi-Tech Gears Ltd as on 14 July 2025?

The current stock price of The Hi-Tech Gears Ltd as on 14 July 2025 is 695.

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 ₹1,065/515.

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

The Stock P/E of The Hi-Tech Gears Ltd is 32.4.

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

The Book Value of The Hi-Tech Gears Ltd is 257.

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

The Dividend Yield of The Hi-Tech Gears Ltd is 0.72 %.

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

The ROCE of The Hi-Tech Gears Ltd is 11.6 %.

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

The ROE of The Hi-Tech Gears Ltd is 8.50 %.

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

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