Company The Hi-Tech Gears Limited

Equities

HITECHGEAR

INE127B01011

Auto, Truck & Motorcycle Parts

Market Closed - Bombay S.E. 06:00:48 2024-04-25 am EDT 5-day change 1st Jan Change
1,161 INR +4.97% Intraday chart for The Hi-Tech Gears Limited +9.23% +154.00%

Business Summary

The Hi-Tech Gears Limited is an India-based auto component manufacturer. The Company is engaged in the manufacturing of gears and transmission. Its products include transmission and engine components, driveline components, engine design services and advanced technology-enabled products and solutions in the field of robotics, artificial intelligence, vision and embedded systems. It primarily serves to global automobile manufacturers and tier-1 and tier-2 suppliers. It offers a variety of components, such as forged lug gears, drive/driven spur, and helical gears, straight and involute special ratchets, kick spindle, and crank. The Company’s applications include marine, construction, defense, emergency vehicle, mining, agriculture, power generation, and many other stationery equipment. It manufactures variety of components in different shapes and sizes finding their application in different assemblies and vehicles. Its subsidiaries include 2545887 Ontario Inc., Neo-Tech Auto Systemz Inc.

Number of employees: 615

Sales per Business

INR in Million2022Weight2023Weight Delta
Transmission Gears and Shafts
94.9 %
9,240 95.2 % 11,091 94.9 % +20.02%
Jobwork
2.7 %
208 2.1 % 313 2.7 % +50.35%
Scrap
1.9 %
209 2.2 % 226 1.9 % +8.43%
Export Incentives
0.5 %
48 0.5 % 63 0.5 % +30.03%
Other-services
0.0 %
1 0.0 % 0 0.0 % -95.69%

Sales per region

INR in Million2022Weight2023Weight Delta
India
48.1 %
4,365 45.0 % 5,623 48.1 % +28.81%
America
45.4 %
3,699 38.1 % 5,303 45.4 % +43.39%
Others
6.6 %
1,643 16.9 % 766 6.6 % -53.36%

Managers

Managers TitleAgeSince
Chief Executive Officer 48 00-05-24
Founder 74 86-10-22
Director of Finance/CFO - -
Chief Operating Officer - -
Compliance Officer - 19-11-17
Director/Board Member 45 05-05-29
Human Resources Officer - 18-06-30

Members of the board

Members of the board TitleAgeSince
Founder 74 86-10-22
Director/Board Member - 23-10-25
Director/Board Member 62 02-10-27
Director/Board Member 66 09-05-22
Director/Board Member 72 15-11-02
Director/Board Member 70 87-09-16
Chief Executive Officer 48 00-05-24
Director/Board Member 45 05-05-29
Director/Board Member - 21-11-01
Director/Board Member - 23-10-25

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 18,778,186 7,385,009 ( 39.33 %) 0 39.33 %

Shareholders

NameEquities%Valuation
3,119,461 16.61 % 29 M ₹
Hi-Tech Portfolio Investments Ltd.
10.50 %
1,971,876 10.50 % 18 M ₹
Olympus Electrical Industries Pvt Ltd.
9.294 %
1,745,200 9.294 % 16 M ₹
Vulcan Electro Controls Ltd.
5.762 %
1,082,000 5.762 % 10 M ₹
848,102 4.516 % 8 M ₹
844,062 4.495 % 8 M ₹
501,120 2.669 % 5 M ₹
454,000 2.418 % 4 M ₹
401,841 2.140 % 4 M ₹
Prescient Investment Management Pvt Ltd.
2.118 %
397,655 2.118 % 4 M ₹

Company contact information

The Hi-Tech Gears Ltd.

Tower-B Unitech’s Millennium Plaza

122002, Gurugram

+91 24 471 5100

http://www.thehitechgears.com
address The Hi-Tech Gears Limited(HITECHGEAR)
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