The Hi

Gurugram, India Founded: 1986 • Age: 40 yrs Listed
Powertrain components are manufactured and supplied to tier 1 suppliers.

About The Hi

The Hi is a publicly listed company based in Gurugram (India) founded in 1986. Powertrain components are manufactured and supplied to tier 1 suppliers. The company has 505 employees. Its chief executive, as recorded, is Anuj Kapuria. Its website thehitechgears.com draws about 18 thousand monthly visits. Its Indian entity The Hi-Tech Gears Limited reported revenue of β‚Ή923 Cr. The Hi offers products and services including High Precision Gears and Assembly Modules. Its focus areas include Auto, Auto Components and Powertrain System. Its competitors include UNO Minda and Rane Group; 1 of its 2 listed competitors has raised funding.

Company details

Hi-Tech Gears was founded in 1986 and is based in Gurugram, India. Operations focus on the manufacture, supply, and export of powertrain components, including engine and transmission parts. These components serve two-wheelers, four-wheelers, and commercial vehicles within the automotive sector. The company supports tier 1 suppliers through its production and distribution activities.

  • Headquarters Gurugram, India
  • Employees 505
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website thehitechgears.com
  • Social LinkedIn X
  • Legal Name Hi-Tech Gears Limited
Key Metrics
  • Market Cap
    ₹922 Cr

    HITECHGEAR · NSE

  • Share Price
    ₹497.45

    +1.52% today

  • Revenue
    ₹908 Cr

    FY 2025-26 · -2.0% YoY

  • EBITDA
    ₹101 Cr

    Margin 11.1%

  • Net Profit
    ₹20.77 Cr

    FY 2025-26 · -47.4% YoY

  • P/E (TTM)
    46.9x

    P/B 1.8x

  • ROE
    4.2%

    ROCE 6.9%

  • Debt / Equity
    0.38

    Interest cover 44.0x

  • Employee Count
    505

Products & Services of The Hi

The Hi offers a comprehensive portfolio of products and services, including High Precision Gears and Assembly Modules.

High Precision Gears
Automotive Components

Gears designed for superior performance in vehicles and machinery

Assembly Modules
Manufacturing

Complete modules from raw materials to finished automotive assemblies

Board of directors of The Hi-Tech Gears Limited (The Hi)

The Hi-Tech Gears Limited is the primary company behind The Hi. The board of The Hi-Tech Gears Limited currently have 14 directors; the longest-serving is Deep Kapuria, appointed in 1986. 23 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Deep Kapuria
DIN 00006185
Whole-time director23 Oct 198640 yrsThe Hi-Tech Gears Limited
Pranav Kapuria
DIN 00006195
Managing Director25 May 200026 yrs 5 moThe Hi-Tech Gears Limited
Anuj Kapuria
DIN 00006366
Whole-time director30 May 200521 yrs 4 moThe Hi-Tech Gears Limited
Bidadi Anjani Kumar
DIN 00022417
Director03 Nov 201510 yrs 11 moThe Hi-Tech Gears Limited
Anant Jaivant Talaulicar
DIN 00031051
Director21 May 20188 yrs 5 moThe Hi-Tech Gears Limited
Rajiv Batra
DIN 00082866
Director02 Nov 20214 yrs 11 moThe Hi-Tech Gears Limited
Kawal Jain
DIN 00910924
Director26 Oct 20233 yrsThe Hi-Tech Gears Limited
Arjun Juneja
DIN 00704349
Director06 Aug 20242 yrs 2 moThe Hi-Tech Gears Limited
Vikram Rupchand Jaisinghani
DIN 00286606
Director06 Aug 20242 yrs 2 moThe Hi-Tech Gears Limited
Deval Mahadev Desai
DIN 07539095
Director06 Aug 20242 yrs 2 moThe Hi-Tech Gears Limited
Suchitra Rajendra
DIN 07962214
Director11 Feb 20251 yr 8 moThe Hi-Tech Gears Limited
Vishal Seth
DIN 05136478
Director25 Apr 20251 yr 6 moThe Hi-Tech Gears Limited
Vijay Mathur
DIN 00006455
Whole-time director24 Jul 20251 yr 3 moThe Hi-Tech Gears Limited
Ramakrishnan Ramanathan
DIN 03394401
Director24 Jul 20251 yr 3 moThe Hi-Tech Gears Limited

People of The Hi

30 people are tracked at The Hi (15 in leadership, 15 in team); the tracked headcount is 505.

NameRoleGroup
CEO & DirectorLeadership
Rakesh Gupta
General Manager EngineeringLeadership
Ajay Yadav
General Manager Business DevelopmentLeadership
Ved Parkash
Head Corporate RelationsLeadership
Sharad Mishra
Vice President &head -human ResourcesLeadership
Managing DirectorLeadership
Abhishek Kumar Verma
Head - Business DevelopmentLeadership
Kapil Rajora
Chief Financial OfficerLeadership
Charu Dutta
Plant Head HRLeadership
Inderjeet Sharma
Head Of EngineeringLeadership
Swaminathan K C
General Manager Business DevelopmentLeadership
Ca. Ashish Kumar Goel
Sr. General Manager FinanceLeadership
Mahesh Agarwal
Business Unit HeadLeadership
Sabu Jose Chrp
Human Resources Director, North AmericaLeadership
Naresh Poswal
Deputy General Manager- Global Strategy & ImprovementsLeadership
Neeraj Gupta
Deputy Manager Finance AccountTeam
Kush Verma
Senior EngineerTeam
Rajani Kant S.k. Srivastav
Manager Finance&accountsTeam
Manoj Kumar Jangra
Engineering ManagerTeam
Jeff Wegner
Manufacturing Engineering ManagerTeam

10 more people are available in the full profile.

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IPO & Listings of The Hi

The Hi is a publicly listed company on the NSE with ticker symbol HITECHGEAR in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date21 Jan 2002
  • Listed onNSE: HITECHGEAR
  • Listed entityHi-Tech Gears Limited
  • Exchange sectorProducer manufacturing
  • ISININE127B01011
  • Share price₹573.95 (+2.19% on the day) · 2026-10-14
  • Market capitalisation₹1,058 Cr
  • Price to earnings54.8
  • EPS (diluted, trailing year)₹10.48
  • Dividend yield0.71%
  • Volume (last session)942

Financials of The Hi

Exchange-reported figures of The Hi-Tech Gears Limited, the listed company behind The Hi (NSE: HITECHGEAR).

Financial Highlights

FY 2025-26 Β· Consolidated
Revenue
₹908 Cr
-2.0% YoY
EBITDA
₹101 Cr
-25.6% YoY
Profit After Tax
₹20.77 Cr
-47.4% YoY
Net Worth
₹523 Cr
+8.1% YoY
Total Assets
₹710 Cr
+2.8% YoY
Total Debt
₹183 Cr
-9.7% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue9089271,1071,169971746722
Revenue growth-2.0%-16.3%-5.3%+20.5%+30.2%+3.3%-
EBITDA10113615014181.7789.8783.66
EBITDA margin+11.1%+14.7%+13.5%+12.1%+8.4%+12.1%+11.6%
Profit before tax33.2962.7713833.9310.9034.0018.98
Net profit20.7739.4550.2122.42(0.88)28.768.25
Net profit margin+2.3%+4.3%+4.5%+1.9%-0.1%+3.9%+1.1%
EPS (β‚Ή)11.1521.4860.8412.32(0.59)15.344.41
Balance sheet
Total assets710690769817806753634
Net worth523484466354331321276
Total debt183202298457471427352
Cash & bank35.1535.7453.8479.8586.7177.1069.67
Net working capital258235277280217188136
Cash flow
Cash from operations86.0814911754.1555.6137.30184
Cash from investing(34.09)(1.18)143(40.72)(56.43)(50.87)(39.96)
Cash from financing(57.09)(150)(280)(40.89)10.5225.16(151)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue238229224241216215205246
Revenue growth (YoY)+10.3%+6.4%+9.0%-2.3%-17.3%---
Other income1.254.393.072.374.554.303.101.91
EBITDA26.3425.2221.9227.8026.1633.2226.5435.18
EBITDA margin+11.3%+11.3%+10.0%+11.8%+12.4%+15.8%+13.2%+14.6%
Depreciation17.3315.9717.9717.0116.4015.9315.9516.00
Interest3.883.603.893.573.794.344.935.65
Profit before tax6.3810.043.139.5910.5217.258.7615.44
Tax1.631.942.283.584.517.531.905.90
Net profit4.758.100.856.016.019.726.869.54
EPS (β‚Ή)2.534.310.453.193.195.173.655.07
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue667658780782645522509
Revenue growth+1.4%-15.7%-0.2%+21.3%+23.4%+2.6%-
EBITDA73.9796.2110510994.8082.4458.14
EBITDA margin+11.1%+14.6%+13.5%+14.0%+14.7%+15.8%+11.4%
Profit before tax44.6163.5764.7169.3853.6749.6615.29
Net profit32.8846.5048.9349.2237.8937.307.09
Net profit margin+4.9%+7.1%+6.3%+6.3%+5.9%+7.1%+1.4%
EPS (β‚Ή)17.5725.2126.2426.8220.5219.874.13
Balance sheet
Total assets598586595602563516462
Net worth496471443398349308267
Total debt97.31111147200209204190
Cash & bank29.1030.7545.8859.2551.3959.5744.64
Net working capital19417819419613910370.51
Cash flow
Cash from operations55.3287.7685.1653.2053.1857.52144
Cash from investing(30.81)(3.01)(14.30)(35.04)(43.43)(15.25)(51.21)
Cash from financing(30.68)(84.33)(77.70)(30.91)(17.83)(23.17)(108)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue170173160174159160146173
Revenue growth (YoY)+6.8%+8.5%+10.2%+0.6%-11.3%---
Other income1.364.542.912.463.944.663.171.70
Total expenses152155144154139135127148
EBITDA18.3218.4316.1319.7519.6624.6318.3525.48
EBITDA margin+11.1%+10.9%+10.3%+11.7%+12.7%+15.9%+13.0%+15.2%
Depreciation9.018.759.068.948.628.368.248.23
Interest2.142.051.941.782.072.462.803.10
Profit before tax8.5312.178.0411.4912.9118.4710.4815.85
Tax2.302.282.243.513.515.103.013.67

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 29 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue238229224241216215205246
Revenue growth (YoY)+10.3%+6.4%+9.0%-2.3%-17.3%---
Other income1.254.393.072.374.554.303.101.91
EBITDA26.3425.2221.9227.8026.1633.2226.5435.18
EBITDA margin+11.3%+11.3%+10.0%+11.8%+12.4%+15.8%+13.2%+14.6%
Depreciation17.3315.9717.9717.0116.4015.9315.9516.00
Interest3.883.603.893.573.794.344.935.65
Profit before tax6.3810.043.139.5910.5217.258.7615.44
Tax1.631.942.283.584.517.531.905.90
Net profit4.758.100.856.016.019.726.869.54
EPS (β‚Ή)2.534.310.453.193.195.173.655.07
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue9089271,1071,169971746722
Revenue growth-2.0%-16.3%-5.3%+20.5%+30.2%+3.3%-
Other income14.3811.7286.947.937.8710.4911.48
Total expenses8077919571,028889656638
Employee cost176164197218215160177
EBITDA10113615014181.7789.8783.66
EBITDA margin+11.1%+14.7%+13.5%+12.1%+8.4%+12.1%+11.6%
Depreciation67.3463.4761.1782.1552.2943.0843.03
Interest14.8521.3737.7733.1726.4523.2833.13
Profit before tax33.2962.7713833.9310.9034.0018.98
Tax12.3122.4023.6810.8312.015.2310.71
Net profit20.7739.4550.2122.42(0.88)28.768.25
Net profit margin+2.3%+4.3%+4.5%+1.9%-0.1%+3.9%+1.1%
EPS (β‚Ή)11.1521.4860.8412.32(0.59)15.344.41
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital18.8118.7918.7818.7718.7718.7718.77
Reserves & surplus504465447336312302257
Shareholders' funds (net worth)523484466354331321276
Minority interest0.000.000.000.000.000.000.00
Secured loans45.3963.54148322390365293
Unsecured loans13713915013680.1662.2959.17
Total debt183202298457471427352
Total liabilities710690769817806753634
Assets
Gross block1,2631,1711,1331,1221,071958888
Net block436445462496528468446
Capital work in progress6.681.183.6713.1638.2071.0933.91
Investments0.680.6412.2512.2112.209.508.25
Inventories14112512412311691.1285.14
Sundry debtors17315320020917414991.21
Cash & bank balances35.1535.7453.8479.8586.7177.1069.67
Loans & advances32.9830.5137.9934.4533.1835.8433.49
Total current assets382345416446410353280
Total current liabilities124110139166193165143
Net working capital258235277280217188136
Total assets710690769817806753634
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash11.4313.9833.4560.9151.2139.6246.96
Net cash from operating activities86.0814911754.1555.6137.30184
Net cash from investing activities(34.09)(1.18)143(40.72)(56.43)(50.87)(39.96)
Net cash from financing activities(57.09)(150)(280)(40.89)10.5225.16(151)
Net change in cash(5.11)(2.55)(19.47)(27.46)9.7011.59(7.34)
Closing cash35.1535.7453.8479.8586.7177.1069.67
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-2.0%-16.3%-5.3%+20.5%+30.2%+3.3%-
EBITDA growth-25.6%-9.4%+6.1%+72.8%-9.0%+7.4%-
PBT growth-47.0%-54.5%+306.5%+211.3%-67.9%+79.1%-67.6%
Net income growth-47.4%-21.4%+124.0%+2647.7%-103.1%+248.6%-
Revenue CAGR (3Y)-8.1%-1.5%+14.1%+17.4%+2.0%-0.1%+15.3%
EBITDA CAGR (3Y)-10.6%+18.5%+18.6%+19.1%-10.3%-1.7%+14.1%
Profitability & leverage
Net income margin+2.3%+4.4%+10.3%+2.0%-0.1%+3.9%+1.2%
Return on capital employed+6.9%+11.5%+12.4%+8.3%+4.8%+8.3%+7.7%
Return on net worth+4.2%+8.5%+12.2%+6.8%-0.3%+9.7%+3.0%
Debt / equity0.380.530.921.351.381.311.45
Long-term debt / equity0.240.280.470.821.001.061.11
Interest cover43.9929.5142.5556.0689.7249.7581.54
Efficiency & per share
Fixed asset turnover0.750.800.981.070.960.810.83
Inventory turnover6.827.448.969.769.378.467.51
Debtors turnover5.575.255.416.116.026.215.54
EPS (β‚Ή)11.1521.4860.8412.32(0.59)15.344.41
Dividend per share (β‚Ή)4.005.005.002.501.502.001.50
Book value per share (β‚Ή)277.81257.32248.24188.85176.23170.90147.18
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue170173160174159160146173
Revenue growth (YoY)+6.8%+8.5%+10.2%+0.6%-11.3%---
Other income1.364.542.912.463.944.663.171.70
Total expenses152155144154139135127148
EBITDA18.3218.4316.1319.7519.6624.6318.3525.48
EBITDA margin+11.1%+10.9%+10.3%+11.7%+12.7%+15.9%+13.0%+15.2%
Depreciation9.018.759.068.948.628.368.248.23
Interest2.142.051.941.782.072.462.803.10
Profit before tax8.5312.178.0411.4912.9118.4710.4815.85
Tax2.302.282.243.513.515.103.013.67
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue667658780782645522509
Revenue growth+1.4%-15.7%-0.2%+21.3%+23.4%+2.6%-
Other income13.8512.009.318.797.1510.266.20
Total expenses593561675673550440451
Employee cost10794.8311011010180.0695.70
EBITDA73.9796.2110510994.8082.4458.14
EBITDA margin+11.1%+14.6%+13.5%+14.0%+14.7%+15.8%+11.4%
Depreciation35.3732.7731.6131.6130.3625.1527.45
Interest7.8411.8718.1917.0817.9217.8921.60
Profit before tax44.6163.5764.7169.3853.6749.6615.29
Tax11.5416.1915.4619.0515.1512.357.56
Net profit32.8846.5048.9349.2237.8937.307.09
Net profit margin+4.9%+7.1%+6.3%+6.3%+5.9%+7.1%+1.4%
EPS (β‚Ή)17.5725.2126.2426.8220.5219.874.13
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital18.8118.7918.7818.7718.7718.7718.77
Reserves & surplus477452424379331289248
Shareholders' funds (net worth)496471443398349308267
Secured loans38.0048.1695.39146182150160
Unsecured loans59.3162.6051.9054.0126.5953.4230.14
Total debt97.31111147200209204190
Total liabilities598586595602563516462
Assets
Gross block685665616592572531504
Net block224233213211222205198
Capital work in progress3.590.733.2312.6415.9724.5111.59
Investments155155166167167164163
Inventories10092.9585.3978.9478.6556.9656.20
Sundry debtors13611614215212582.4759.00
Cash & bank balances29.1030.7545.8859.2551.3959.5744.64
Loans & advances22.0123.0027.1229.3128.2427.4023.57
Total current assets287263300319283226183
Total current liabilities93.1184.50106123144123113
Net working capital19417819419613910370.51
Total assets598586595602563516462
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash6.446.0212.8525.6033.6814.5929.37
Net cash from operating activities55.3287.7685.1653.2053.1857.52144
Net cash from investing activities(30.81)(3.01)(14.30)(35.04)(43.43)(15.25)(51.21)
Net cash from financing activities(30.68)(84.33)(77.70)(30.91)(17.83)(23.17)(108)
Net change in cash(6.17)0.42(6.83)(12.75)(8.08)19.09(14.78)
Closing cash29.1030.7545.8859.2551.3959.5744.64
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+1.4%-15.7%-0.2%+21.3%+23.4%+2.6%-
EBITDA growth-23.1%-8.6%-3.7%+15.3%+15.0%+41.8%-
PBT growth-29.8%-1.8%-6.7%+29.3%+8.1%+224.8%-71.2%
Net income growth-29.3%-5.0%-0.6%+29.9%+1.6%+426.1%-
Revenue CAGR (3Y)-5.2%+0.7%+14.3%+15.4%-0.1%-0.3%+4.4%
EBITDA CAGR (3Y)-12.2%+0.5%+8.5%+23.4%+4.8%+5.3%+2.1%
Profitability & leverage
Net income margin+5.0%+7.2%+6.3%+6.4%+6.0%+7.1%+1.5%
Return on capital employed+8.9%+12.8%+13.9%+14.9%+13.3%+13.8%+7.5%
Return on net worth+6.8%+10.4%+11.7%+13.5%+11.7%+13.0%+2.9%
Debt / equity0.220.280.410.550.630.690.83
Long-term debt / equity0.110.120.140.230.400.530.61
Interest cover20.3118.7124.7221.9927.8131.2370.38
Efficiency & per share
Fixed asset turnover0.991.031.291.341.171.011.06
Inventory turnover6.907.379.499.929.519.237.83
Debtors turnover5.295.095.315.646.217.396.06
EPS (β‚Ή)17.5725.2126.2426.8220.5219.874.13
Dividend per share (β‚Ή)4.005.005.002.501.502.001.50
Book value per share (β‚Ή)263.75250.41235.95211.86186.10163.97142.08

Competitors of The Hi

The Hi has 2 listed competitors in our database, 1 of them funded. They include UNO Minda and Rane Group.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
unominda.com1958Gurugram, India$259.53M2,509
Manufacturer and supplier of major auto components to OEMs and tier 1 companies
ranegroup.com1929Chennai, India172
Major auto components are manufactured and supplied to OEMs.
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Web traffic of The Hi

The website of The Hi (thehitechgears.com) receives about 17.7K visits a month.

  • Monthly visits
    17.7K

    ▲ 74.5% vs previous month

Top companies in Automotive Manufacturing & Components

3 companies that operate in the same segment as The Hi (Automotive Manufacturing & Components) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electrical and electronic parts for automobiles are provided by SEDEMAC.
2007Pune, Maharashtra, IndiaUSD 26.22 MUSD 32.69 M415
Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles
1994Mumbai, Maharashtra, IndiaUSD 137.89 MUSD 17.06 B33,980
Lithium-ion batteries for electric vehicles are manufactured across categories.
2006Gurugram, Haryana, IndiaUSD 34.18 M177
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Frequently Asked Questions about The Hi

The Hi was founded in 1986.

The Hi is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Anuj Kapuria is the CEO of The Hi, as recorded in our data.

The Hi has 505 employees.

The primary company behind The Hi, The Hi-Tech Gears Limited, reported revenue of β‚Ή923 Cr for FY 2026, down 2% year on year.

Hi-Tech Gears was founded in 1986 and is based in Gurugram, India. Operations focus on the manufacture, supply, and export of powertrain components, including engine and transmission parts. These components serve two-wheelers, four-wheelers, and commercial vehicles within the automotive sector. The company supports tier 1 suppliers through its production and distribution activities.

The Hi's top competitors include UNO Minda and Rane Group.

The Hi offers High Precision Gears and Assembly Modules.

Yes, The Hi is publicly traded on NSE under the ticker symbol HITECHGEAR.

The Hi operates through The Hi-Tech Gears Limited.

The legal entities of The Hi currently have 15 directors, including Rajiv Batra, Anant Jaivant Talaulicar, Naveen Jain and others.

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