₹ 0.1 Cr
Volume transacted
1.2 K
stocks traded
Last Updated time: 26 Jul 13:19 PM
The Hi-Tech Gears Ltd
NSE: HITECHGEAR
DPS
₹ 2.5
Last updated : FY 2023
The Dividend per Share of The Hi-Tech Gears Ltd is ₹ 2.5 as of 2023 .a1#The Dividend Payout of The Hi-Tech Gears Ltd changed from 18.52 % on March 2019 to 9.32 % on March 2023 . This represents a CAGR of -12.83% over 5 years. a1#The Latest Trading Price of The Hi-Tech Gears Ltd is ₹ 926 as of 26 Jul 13:11 .a1#The Market Cap of The Hi-Tech Gears Ltd changed from ₹ 552.59 crore on March 2019 to ₹ 474.22 crore on March 2023 . This represents a CAGR of -3.01% over 5 years. a1#The Revenue of The Hi-Tech Gears Ltd changed from ₹ 293.87 crore to ₹ 290.24 crore over 8 quarters. This represents a CAGR of -0.62% a1#The EBITDA of The Hi-Tech Gears Ltd changed from ₹ 33.71 crore to ₹ 44.16 crore over 8 quarters. This represents a CAGR of 14.46% a1#The Net Pr of The Hi-Tech Gears Ltd changed from ₹ 0.37 crore to ₹ 17.83 crore over 8 quarters. This represents a CAGR of 594.18% a1#
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Market Cap
₹ 1,742 Cr
EPS
₹ 19.8
P/E Ratio (TTM) *
46.8
P/B Ratio (TTM) *
3.7
DTE *
0.6
ROE *
8.0
ROCE *
12.9
Dividend Yield *
0.99
DPS *
2.5
Dividend Payout *
9.32
Ann.Dividend % *
25
* All values are consolidated
Last Updated time: 26 Jul 13:19 PM
* All values are consolidated
Last Updated time: 26 Jul 13:19 PM
Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.
Period | |
---|---|
Mar '19 | 19 |
Mar '20 | 36 |
Mar '21 | 10 |
Mar '22 | 7 |
Mar '23 | 9 |
* All values are a in %
Dividend Yield is a financial ratio that shows the annual dividend income relative to the market price of a share. It is calculated by dividing the dividend per share by the current market price per share, expressed as a percentage.
* All values are in %
The Hi-Tech Gears Ltd
NSE: HITECHGEAR
PRICE
₹ 926
-1.85 (-0.20%)
Last updated : 26 Jul 13:11
Strength
4
S
Weakness
2
W
Opportunity
0
O
Threats
1
T
A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.
A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.
Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.
A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:
Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore
Period | |
---|---|
Mar '19 | 553 |
Mar '20 | 133 |
Mar '21 | 325 |
Mar '22 | 404 |
Mar '23 | 474 |
* All values are a in ₹crore
Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.
Period | |
---|---|
Jun '22 | 294 |
Sep '22 | 316 |
Dec '22 | 279 |
Mar '23 | 287 |
Jun '23 | 267 |
Sep '23 | 362 |
Dec '23 | 275 |
Mar '24 | 290 |
* All values are a in ₹crore
PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.
Period | |
---|---|
Jun '22 | 34 |
Sep '22 | 41 |
Dec '22 | 40 |
Mar '23 | 34 |
Jun '23 | 36 |
Sep '23 | 114 |
Dec '23 | 43 |
Mar '24 | 44 |
* All values are a in ₹crore
Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue
Period | |
---|---|
Jun '22 | 0 |
Sep '22 | 4 |
Dec '22 | 3 |
Mar '23 | 17 |
Jun '23 | 9 |
Sep '23 | 72 |
Dec '23 | 15 |
Mar '24 | 18 |
* All values are a in ₹crore
Incorporated in 1986, Hi-Tech Gears Limited (HTGL) manufactures automotive gears and shafts at Bhiwadi, Rajasthan, mainly for Hero Honda Motors (HHML). The Company is an auto component manufacturer (a Tier 1 supplier). Over a period of time, it acquired additional equipments to cater to the requirement of gears and shafts for HHML and other original equipment manufacturers. The Company is engaged in the business of gears and transmission components. HTGL has tied up with Kyushu Musashi, a subsidiary of Honda Motors, Japan, to manufacture closed-die forgings in India. This particular product is a raw material for transmission gears and shafts. These forgings are at present imported by HHML. With the implementation of the forgings project, the company will stand to benefit as in-house forgings manufacture will result in value-added and cost-effective products. The technology thus acquired will be unique which imparts greater strength to forgings and will not be restricted to the automobile sector. This is the first time this technology is being transferred outside the Honda group. Company commenced supply to M/s Cummins world wide. Besides this the company is developing markets in Germany and increasing its business in U.K. Company also confident about the healthy segment of its business due to company's largest customer M/s Hero Honds Motors Ltd. It has plans of diversifying into the software arena with a foray into e-engineering services. The company has formed a small group named Hi-tech Soft which is utilising software from original equipment (OE) customers to undertake projects on assembly, modelling, computer aided machining (CAM), drawing and other engineering services. It plans to strengthen it and then hive it off as a separate entity in the future. This division plans to offer product and process life cycle management projects, intralink implementation, training and consulting services. During the year 2003-04, Hi-Tech Robotic Systemz Inc. was incorporated as a 100% subsidiary of the Company. In 2005, the Company set up Manufacturing plant at Manesar. During 2017-18, the Company incorporated a Wholly Owned Subsidiary Company in US in the name of 'Neo-Tech Auto Systemz Inc.' and subscribed 10,00,000 common shares of CAD $ 0.01 each. Similarly during the year 2018-19, it incorporated a Wholly Owned Subsidiary in Canada in the name of 'Neo-Tech Smart Solutions Inc.' and subscribed 2,50,000 common shares of CAD $ 1 each. As on March 31, 2023, the Company had 9 Wholly-owned Subsidiaries consisting of 3 wholly owned subsidiaries viz., 2545887 Ontario Inc., Neo-Tech Smart Solutions Inc. & Neo-Tech Auto Systemz Inc., and 6 wholly-owned step down subsidiaries viz., 2504584 Ontario Inc., 2323532 Ontario Inc., The Hi-Tech Gears Canada Inc., Teutech Holdings Co., Teutech Leasing Co. and Teutech LLC. However, 2 Wholly-owned Step-Down Subsidiaries i.e., 2323532 Ontario Inc. and 2504584 Ontario Inc. got amalgamated with The Hi-Tech Gears Canada Inc. (Wholly-owned Step down Subsidiary of the Company) w.e.f. June 15, 2023 and both the aforesaid Wholly-owned Step-Down Subsidiaries, viz., 2323532 Ontario Inc. and 2504584 Ontario Inc ceased to exist from June 15, 2023.
Board of The Hi-Tech Gears recommends final dividend
The Hi-Tech Gears announced that the Board of Directors of the Company at its meeting held...
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30 May 202410:54
The Hi-Tech Gears announces board meeting date
The Hi-Tech Gears will hold a meeting of the Board of Directors of the Company on 29 May 2...
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25 May 202416:32
The Hi-Tech Gears schedules board meeting
The Hi-Tech Gears will hold a meeting of the Board of Directors of the Company on 13 Febru...
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06 Feb 202415:40
The Hi-Tech Gears to convene board meeting
The Hi-Tech Gears will hold a meeting of the Board of Directors of the Company on 7 Novemb...
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30 Oct 202315:27
Board of Hi-Tech Gears appoints directors
The Hi-Tech Gears announced the appointment of the following directors in the board meetin...
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27 Oct 202309:40
The Hi-Tech Gears to hold AGM
The Hi-Tech Gears announced that the 37th Annual General Meeting (AGM) of the company will...
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31 Aug 202317:29
FAQs for dividends of The Hi-Tech Gears Ltd
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