The Hi-Tech Gears share price, P/E, ROE & financials

The Hi-Tech Gears (HITECHGEAR) had a P/E of 46.3× on 6 Nov 2026, above the industry P/E of 25.6×, and the shares are 38% below their 52-week high. Its ROCE of 7.3% is the lowest among the 7 largest Auto Parts peers, and sales and net profit fell 8.0% and 3.2% a year over 3 years. Its dividend yield is 0.8%, and debt is 0.35× equity. It is a small-cap company with a market cap of ₹912 Cr, ranked 77th of 140 Auto Parts companies by market cap; the shares fell 36% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹486.50
Day high: ₹489.95
Day low: ₹470.20
Prev. close: ₹491.00
Volume: 3.3K

Health check

1 fair · 5 to check

ReturnsBehind
−35.8% over a year, better than 0 of 7 peers.
Price tagPricier
P/E 46.3 vs industry 25.6.
GrowthShrinking
Sales −8.0%, profit −3.2% a year over 3 years.
ProfitabilityWeak
ROCE 7.3% vs peer median 15.6%.
Balance sheetFair
Debt 0.35× equity, interest covered 3.3×, Piotroski 5 of 9.
Red flags4 to check
Return on equity is low at 4.2%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Auto Parts

139 listed peers. Screen the industry

Small cap

₹912 Cr, #77 of 140 in its industry by size.

Moves with the market

Beta 0.83 vs the NIFTY 50: tracks the market closely.

Key metrics

Last 12 months to Jun 2026: sales ₹931 Cr · profit ₹20 Cr

Market cap: ₹912 Cr; Small cap
P/E: 46.3; Industry 25.6
Price to book: 1.74; Peers 8.75
Dividend yield: 0.80%
ROE: 4.2%; Peers 12.3%
ROCE: 7.3%; Peers 15.6%
Debt to equity: 0.35; Debt ₹183 Cr
EPS (TTM): ₹10.48; Face value ₹10
OPM (TTM): 11.1%; Net margin 2.1%
Sales growth: +10.3%; Latest quarter vs a year ago
Profit growth: −20.7%; Latest quarter vs a year ago
Price to sales: 0.98; EV/EBITDA 10.7

Strengths

Positive operating cash flow in each of the last 4 years.

Risks to check

Return on equity is low at 4.2%.
Quarterly profit down 20.7% on a year ago.
P/E of 46.3 against an industry P/E of 25.6.
38% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About The Hi-Tech Gears

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 components for two-wheelers, light vehicles, commercial vehicles, and off-highway vehicles; and engine gear. In addition, the company produces gears, shafts, and related transmission components for original…

Headquarters: Gurugram
Employees: 824
Sector: Consumer Cyclical
ISIN: INE127B01011
Website: thehitechgears.com

Price range

52 weeks

₹470.20₹785.00

Today

₹470.20₹489.95

Avg volume (3M): 3.1K
1-year return: minus 35.8%
From 52-week high: minus 38.2%

Peers · Auto Parts

Compare with peers Screen the whole industry

Company
MOTHERSONSamvardhana Motherson International	158.55	minus 5.62%	1,68,549	35.4	3.70	11.5%	10.2%	9.6%	17.1%	37.2%	0.32%	plus 60.8%
BOSCHLTDBosch	50,700.00	minus 3.38%	1,49,545	54.2	19.50	24.2%	19.4%	13.4%	10.3%	24.8%	0.53%	plus 38.6%
UNOMINDAUNO Minda	1,326.00	minus 0.67%	76,572	58.1	11.21	20.5%	19.1%	11.0%	20.5%	22.3%	0.22%	plus 6.6%
SONACOMSSona BLW Precision Forgings	900.00	minus 1.67%	56,266	75.0	8.75	13.2%	11.9%	23.2%	18.8%	17.4%	0.40%	plus 89.2%
SCHAEFFLERSchaeffler India	3,519.70	minus 1.17%	55,014	41.9	8.97	25.7%	20.2%	17.9%	12.3%	9.4%	0.99%	minus 13.9%
MRFMRF	1,25,295.00	minus 0.50%	53,139	22.0	2.53	15.6%	12.3%	15.1%	10.6%	46.7%	0.19%	minus 20.3%
BALKRISINDBalkrishna Industries	2,410.00	plus 0.34%	46,589	32.7	4.25	13.8%	11.6%	21.1%	3.6%	5.5%	0.71%	plus 1.6%
HITECHGEARThe Hi-Tech Gears	484.75	minus 1.27%	912	46.3	1.74	7.3%	4.2%	11.1%	−8.0%	−3.2%	0.80%	minus 35.8%
Median of 7 peers	–	−1.17%	56,266	41.9	8.75	15.6%	12.3%	15.1%	12.3%	22.3%	0.40%	6.6%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
211	235	219	224	232
184	207	197	198	206
26.2	27.8	21.9	25.2	26.3
12.4%	11.8%	10.0%	11.3%	11.3%
4.5	2.4	3.1	4.4	1.3
3.8	3.6	3.9	3.6	3.9
16.4	17	18	16	17.3
10.5	9.6	3.1	10	6.4
42.9%	37.3%	72.7%	19.3%	25.5%
6	6	0.9	8.1	4.8
3.19	3.19	0.45	4.31	2.53

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: −8.0%
Profit CAGR 3Y: −3.2%
EPS CAGR 3Y: −3.2%
ROE: 4.2%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
1,140	1,084	907	889
–	minus 5.0%	minus 16.3%	minus 2.0%
998	932	771	787
142	152	136	102
12.5%	14.0%	15.0%	11.5%
−2.6	1.2	10.1	12.9
24.5	31.7	20.7	14.3
82.2	61.2	63.5	67.3
0.7	77.4	0.7	−0
33.9	138	62.8	33.3
31.9%	17.2%	35.7%	37.0%
23.1	114	40.4	21
–	+394.3%	minus 64.7%	minus 48.0%
12.30	60.73	21.46	11.15

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
18.8	18.8	18.8	18.8
336	447	465	504
457	298	202	183
174	144	118	134
985	908	804	839
430	392	380	369
17.9	9.1	6.8	12.3
12.2	12.3	0.6	0.7
69.7	53	34.3	34.4
456	442	382	423
985	908	804	839

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
54.1	117	149	86.1
−40.7	143	−1.2	−34.1
−40.9	−280	−150	−57.1
−27.5	−19.5	−2.5	−5.1
−29.6	−34	−24	−32.2
24.6	83.4	125	53.9
−2.8	−4.7	−9.4	−9.4

Shareholding pattern

Source: NSE filings

56.1%

promoters

Promoters56.10%
Public43.90%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	56.10%	43.90%	minus 0.02
30 Jun 2026	56.12%	43.88%	0.00
31 Mar 2026	56.12%	43.88%	minus 0.06
31 Dec 2025	56.18%	43.82%	0.00
30 Sep 2025	56.18%	43.82%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

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