Results - Announcements
The Hi-Tech Gears Ltd share price inched up 0.30% to Rs 515.55 after the company's net profit jumped 124.79% to Rs 10.7 crore, while revenue from operations edged up 19.87% to Rs 278.5 crore in Q3FY26 over Q2FY26.
The market capitalization of Auto Components & Equipments industry group stocks on BSE stood at Rs 12.67 lakh crore, rising 6.01%. It has improved by 3.24% over last one week and edged lower by 0.92% in last one month while the market capitalization of The Hi-Tech Gears Ltd has marginally improved by 2.09% and 10.18% in the same period respectively.
Profit before tax (PBT) of The Hi-Tech Gears Ltd stood at Rs 15.13 crore in Q3 FY26, jumping 57.60% year-on-year, and surging by 136.78% quarter-on-quarter. EBITDA came in at Rs 31 crore, rallying 20.57% YoY and expanding by 22.15% sequentially.
Total expenses rose by 17.61% to Rs 268.94 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 143.92 crore, soaring by 30% YoY, while employee benefits expense was at Rs 52.93 crore, surging 14.84% YoY.
For the TTM ended FY26, revenue from operations softened by 2.01% to Rs 888.56 crore, while net profit tumbled by 48.02% to Rs 20.98 crore, compared to previous TTM. EBITDA surged by 12704% to Rs 86.72 crore, and PBT tanked by 46.97% to Rs 33.29 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 86.08 crore in FY26, as against Rs 149.04 crore in FY25.
The Hi-Tech Gears Ltd nosedived by 33.31% in last one year, underperforming the benchmark BSE Sensex which has slipped by 7.38% during the same period.