The Hi-Tech Gears Limited

Company Profile

The Hi-Tech Gears Limited had its IPO on under the ticker symbol HITECHGEAR.

The company operates in the Consumer Cyclical sector and Auto Parts industry. The Hi-Tech Gears Limited has a staff strength of 0 employees.

Stock update

Shares of The Hi-Tech Gears Limited opened at ₹392.4 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹378.55 - ₹393.75, and closed at ₹389.15.

This is a -1.9% slip from the previous day's closing price.

A total volume of 1,688 shares were traded at the close of the day’s session.

In the last one week, shares of The Hi-Tech Gears Limited have slipped by -4.3%.

The Hi-Tech Gears Limited's Key Ratios

The Hi-Tech Gears Limited has a market cap of ₹7.68 billion, indicating a price to book ratio of 1.5273 and a price to sales ratio of 0.4674.

In the last 12-months The Hi-Tech Gears Limited’s revenue was ₹11.41 billion with a gross profit of ₹4.79 billion and an EBITDA of ₹1.56 billion. The EBITDA ratio measures The Hi-Tech Gears Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, The Hi-Tech Gears Limited’s operating margin was 5.75% while its return on assets stood at 3.72% with a return of equity of 6.75%.

In Q2, The Hi-Tech Gears Limited’s quarterly earnings growth was a positive 2370% while revenue growth was a negative 9.7%.

The Hi-Tech Gears Limited’s PE and PEG Ratio

Forward PE

0

Trailing PE

24.1903

PEG

Its diluted EPS in the last 12-months stands at ₹16.92 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into The Hi-Tech Gears Limited’s profitability.

The Hi-Tech Gears Limited stock is trading at a EV to sales ratio of 0.8177 and a EV to EBITDA ratio of 7.4938. Its price to sales ratio in the trailing 12-months stood at 0.4674.

The Hi-Tech Gears Limited stock pays annual dividends of ₹0 per share, indicating a yield of 0% and a payout ratio of 46.14%.

Balance sheet and cash flow metrics

Total Assets

₹9.85 billion

Total Liabilities

₹3.84 billion

Operating Cash Flow

₹0

Capital Expenditure

₹0

Dividend Payout Ratio

46.14%

The Hi-Tech Gears Limited ended 2024 with ₹9.85 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹9.85 billion while shareholder equity stood at ₹3.54 billion.

The Hi-Tech Gears Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹3.84 billion in other current liabilities, in common stock, ₹0 in retained earnings and ₹314.49 million in goodwill. Its cash balance stood at ₹334.53 million and cash and short-term investments were ₹0. The company’s total short-term debt was ₹0 while long-term debt stood at ₹2.20 billion.

The Hi-Tech Gears Limited’s total current assets stands at ₹4.46 billion while long-term investments were ₹0 and short-term investments were ₹550.87 million. Its net receivables were ₹2.09 billion compared to accounts payable of ₹1.21 billion and inventory worth ₹1.23 billion.

In 2024, The Hi-Tech Gears Limited's operating cash flow was ₹0 while its capital expenditure stood at ₹0.

Comparatively, The Hi-Tech Gears Limited paid ₹0.46 in dividends in 2024.

Other key metrics

Current Trading Price

₹389.15

52-Week High

₹427

52-Week Low

₹190

Analyst Target Price

₹

The Hi-Tech Gears Limited stock is currently trading at ₹389.15 per share. It touched a 52-week high of ₹427 and a 52-week low of ₹427. Analysts tracking the stock have a 12-month average target price of ₹.

Its 50-day moving average was ₹397.51 and 200-day moving average was ₹304.85 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 6236.5% of the company’s stock are held by insiders while 211.9% are held by institutions.