HITECHGEAR
The Hi-Tech Gears share price & financials
- Price
- ₹574.3
- Market cap
- ₹1.1k Cr
What The Hi-Tech Gears Limited does
The Hi-Tech Gears Limited manufactures precision gears, shafts, transmission and engine components used across Two-Wheeler, Passenger Vehicle, Commercial Vehicle and Agri/Off-Highway vehicle segments. It runs an integrated in-house process chain covering forging, machining, heat treatment, finishing, tool room/die manufacturing and assembly, and supplies these components as a strategic Tier-1 supplier to global OEMs and Tier-1s. It also develops EV driveline and advanced-transmission components (e.g. EV-differential assemblies, single-speed transmission gears) for the EV and premium vehicle segments.
Segments
- Two-Wheeler Transmission
- Car Transmission & Driveline
- Commercial & Off-Highway Vehicle Transmission
- Engine Gears & Power Take Off Components
- Precision Forging & Machining / Sintered Components
- Manufacturing plants
- 5 (3 in India, 1 each in Canada & USA)
- Employees
- 2,500+
- Export countries
- 10+
- Years of experience
- 39
- India plants
- Plant-I Bhiwadi (est. 1986), Plant-II Manesar (est. 2005), Plant-III Bhiwadi (est. 2011)
- Overseas plants
- Guelph, Canada & Emporium, USA (both acquired 2017)
Quarterly results
Q1 FY27: revenue up 10.3%, net profit down 20.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 246 | 205 | 215 | 216 | 241 −2% | 224 +9% | 229 +6% | 238 +10% |
| EBITDA | 35 | 27 | 33 | 26 | 28 −21% | 22 −17% | 25 −24% | 26 +1% |
| Net profit | 10 | 7 | 10 | 6 | 6 −37% | 1 −87% | 8 −17% | 5 −21% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −15.7% 1Y
1Y: ₹673.45 on 10 Sept 2025 → ₹567.45. High ₹876.05 (13 Oct 2025), low ₹530.9 (19 Aug 2026).
Financials, as filed
Revenue fell 8.1% a year over 3 years, FY23 to FY26. Operating margin narrowed to 11.1%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹1.2k Cr | ₹1.1k Cr | ₹927 Cr | ₹908 Cr |
| Operating profit | ₹141 Cr | ₹150 Cr | ₹136 Cr | ₹101 Cr |
| Operating margin | 12.1% | 13.5% | 14.7% | 11.1% |
| Interest | ₹33 Cr | ₹38 Cr | ₹21 Cr | ₹15 Cr |
| Depreciation | ₹82 Cr | ₹61 Cr | ₹63 Cr | ₹67 Cr |
| Net profit | ₹23 Cr | ₹114 Cr | ₹40 Cr | ₹21 Cr |
| Net margin | 2.0% | 10.3% | 4.4% | 2.3% |
| Cash from operations | ₹54 Cr | ₹117 Cr | ₹149 Cr | ₹86 Cr |
| Free cash flow | ₹32 Cr | ₹254 Cr | ₹126 Cr | ₹54 Cr |
| ROCE | 8.0% | 12.0% | 12.0% | 7.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹19 Cr | ₹19 Cr | ₹19 Cr | ₹19 Cr | ₹19 Cr | ₹19 Cr |
| Reserves | ₹302 Cr | ₹312 Cr | ₹336 Cr | ₹447 Cr | ₹480 Cr | ₹504 Cr |
| Borrowings | ₹427 Cr | ₹471 Cr | ₹457 Cr | ₹298 Cr | ₹181 Cr | ₹183 Cr |
| Other liabilities | ₹174 Cr | ₹201 Cr | ₹171 Cr | ₹144 Cr | ₹133 Cr | ₹132 Cr |
| Total liabilities | ₹922 Cr | ₹1.0k Cr | ₹983 Cr | ₹908 Cr | ₹813 Cr | ₹838 Cr |
| Fixed assets | ₹468 Cr | ₹528 Cr | ₹496 Cr | ₹462 Cr | ₹438 Cr | ₹436 Cr |
| Capital work in progress | ₹71 Cr | ₹38 Cr | ₹13 Cr | ₹4 Cr | ₹6 Cr | ₹7 Cr |
| Investments | ₹10 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹1 Cr | ₹1 Cr |
| Other assets | ₹373 Cr | ₹424 Cr | ₹462 Cr | ₹430 Cr | ₹368 Cr | ₹394 Cr |
| Total assets | ₹922 Cr | ₹1.0k Cr | ₹983 Cr | ₹908 Cr | ₹813 Cr | ₹838 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 10% to 9,484.
- Promoters
- 56.1%
- Government
- 0.0%
- Public
- 43.9%
Since Jun 2025
- Promoters −0.07 pp
- Public +0.07 pp
- FIIs 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 56.3%, FIIs 0.0%, Government 0.0%, Public 43.7%.Dec '23: Promoters 56.3%, Government 0.0%, Public 43.7%.Mar '24: Promoters 56.2%, FIIs 0.1%, Government 0.0%, Public 43.7%.Jun '24: Promoters 56.2%, FIIs 0.0%, Government 0.0%, Public 43.8%.Sep '24: Promoters 56.2%, Government 0.0%, Public 43.8%.Dec '24: Promoters 56.2%, Government 0.0%, Public 43.8%.Mar '25: Promoters 56.2%, FIIs 0.0%, Government 0.0%, Public 43.8%.Jun '25: Promoters 56.2%, Government 0.0%, Public 43.8%.Sep '25: Promoters 56.2%, Government 0.0%, Public 43.8%.Dec '25: Promoters 56.2%, Government 0.0%, Public 43.8%.Mar '26: Promoters 56.1%, Government 0.0%, Public 43.9%.Jun '26: Promoters 56.1%, Government 0.0%, Public 43.9%.
Who is on the register
Named in the Jun 2026 filing
Every holder of The Hi-Tech Gears Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Deep Kapuria | 16.56% | unchanged |
| Hi-Tech Portfolio Investments Limited | 10.48% | unchanged |
| Olympus Electrical Industries Pvt Ltd | 9.28% | unchanged |
| Vulcan Electro Controls Limited | 5.75% | unchanged |
| Pranav Kapuria | 4.51% | unchanged |
| Anuj Kapuria | 4.51% | unchanged |
| Veena Kapuria | 2.66% | unchanged |
| Manohar Devabhaktuni | 2.06% | unchanged |
| Deep Kapuria And Sons Huf | 1.23% | unchanged |
| Megha Kapuria | 0.45% | unchanged |
| Aabha Kapuria | 0.45% | unchanged |
| Adhiveer Kapuria | 0.10% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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