Minda Corporation Ltd vs The Hi Tech Gears Ltd Stock Comparison
Minda Corporation Ltd vs The Hi Tech Gears Ltd Stock Comparison
Last Updated on: Jun 12, 2026
Key Highlights
The Latest Trading Price of Minda Corporation Ltd is ₹ 636.7 as of 12 Jun 15:30
. The P/E Ratio of Minda Corporation Ltd changed from 45.6 on March 2021 to 50.5 on March 2025 . This represents a CAGR of 2.06% over 5 yearsThe P/E Ratio of The Hi-Tech Gears Ltd changed from 11.3 on March 2021 to 28.2 on March 2025 . This represents a CAGR of 20.07% over 5 years The Market Cap of Minda Corporation Ltd changed from ₹ 2407 crore on March 2021 to ₹ 12893 crore on March 2025 . This represents a CAGR of 39.88% over 5 yearsThe Market Cap of The Hi-Tech Gears Ltd changed from ₹ 325.28 crore on March 2021 to ₹ 1136 crore on March 2025 . This represents a CAGR of 28.44% over 5 years The revenue of Minda Corporation Ltd for the Mar '26 is ₹ 1712 crore as compare to the Dec '25 revenue of ₹ 1563 crore. This represent the growth of 9.49% The revenue of The Hi-Tech Gears Ltd for the Mar '26 is ₹ 233.01 crore as compare to the Dec '25 revenue of ₹ 226.59 crore. This represent the growth of 2.83% The ebitda of Minda Corporation Ltd for the Mar '26 is ₹ 211.67 crore as compare to the Dec '25 ebitda of ₹ 182.79 crore. This represent the growth of 15.8% The ebitda of The Hi-Tech Gears Ltd for the Mar '26 is ₹ 29.62 crore as compare to the Dec '25 ebitda of ₹ 24.99 crore. This represent the growth of 18.53% The net profit of Minda Corporation Ltd changed from ₹ 62.34 crore to ₹ 92.53 crore over 8 quarters. This represents a CAGR of 21.83%
The net profit of The Hi-Tech Gears Ltd changed from ₹ 14.24 crore to ₹ 8.11 crore over 8 quarters. This represents a CAGR of -24.53%
The Dividend Payout of Minda Corporation Ltd changed from 18.56 % on March 2021 to 16.25 % on March 2025 . This represents a CAGR of -2.62% over 5 yearsThe Dividend Payout of The Hi-Tech Gears Ltd changed from 10.07 % on March 2021 to 19.83 % on March 2025 . This represents a CAGR of 14.51% over 5 years .
About Minda Corporation Ltd
Minda Corporation Limited was formerly incorporated in March, 1985 as 'Minda Huf Limited'.
The Company changed its name from Minda Huf Limited to Minda Corporation Limited on March 28, 2007.
The Company was established with the main object for manufacture of Ignition Switches for Indian Automotive Industry and is the flagship company of Spark Minda, Ashok Minda Group, which was part of erstwhile Minda Group.
Company is one of the largest suppliers of 2 wheeler, 3 wheeler and Off Road vehicles Electronic & Mechanical Security System.
The Company offers a diverse range of products including Mechatronics, Information and Connected Systems, Plastics and Interiors, Aftermarket, Electronics Manufacturing Excellence and Spark Minda Green Mobility.
The company manufactures Die Casting Parts and high-class Surface Finishing parts for auto and consumer durable industry.
About The Hi-Tech Gears Ltd
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.
FAQs for the comparison of Minda Corporation Ltd and The Hi-Tech Gears Ltd
Which company has a larger market capitalization, Minda Corporation Ltd or The Hi-Tech Gears Ltd?
Market cap of Minda Corporation Ltd is 15,222 Cr while Market cap of The Hi-Tech Gears Ltd is 1,091 Cr
What are the key factors driving the stock performance of Minda Corporation Ltd and The Hi-Tech Gears Ltd?
The stock performance of Minda Corporation Ltd and The Hi-Tech Gears Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.
What are the recent stock price for Minda Corporation Ltd and The Hi-Tech Gears Ltd?
As of June 12, 2026, the Minda Corporation Ltd stock price is INR ₹636.7. On the other hand, The Hi-Tech Gears Ltd stock price is INR ₹580.4.
How do dividend payouts of Minda Corporation Ltd and The Hi-Tech Gears Ltd compare?
To compare the dividend payouts of Minda Corporation Ltd and The Hi-Tech Gears Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
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