The Hi-Tech Gears' Q2 FY 2025-26 Quarterly Results

Result Summary

• The Hi-Tech Gears Ltd reported a 10.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 2.1%.
• Its expenses for the quarter were up by 11.4% QoQ and 0.3% YoY.
• The net profit increased 0.2% QoQ and decreased 37.0% YoY.
• The earnings per share (EPS) of The Hi-Tech Gears Ltd stood at 3.19 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

The Hi-Tech Gears Ltd is a company involved in the manufacturing and supply of automotive components. The company operates within the automotive industry, focusing on the production of gears and transmission components. These products are vital for various vehicles, including passenger cars, commercial vehicles, and two-wheelers. The Hi-Tech Gears Ltd has been recognized for its engineering prowess and commitment to quality, catering to both domestic and international markets. Recent developments in the company or industry are not available from the provided data.

Revenue

In the second quarter of FY26, The Hi-Tech Gears Ltd reported a total income of ₹243.11 crores, which represents a 10.5% increase from the previous quarter (Q1FY26) where the total income was ₹220.09 crores. Compared to the same quarter in the previous year (Q2FY25), there is a slight decrease of 2.1% from ₹248.30 crores. This fluctuation reflects the changes in the company's revenue generation capabilities over the respective periods.

Profitability

The company's profitability metrics for Q2FY26 show a profit before tax (PBT) of ₹9.60 crores, which is a decline of 8.7% from the previous quarter's PBT of ₹10.51 crores. Year-over-year, there is a more significant decrease of 37.8% from ₹15.44 crores in Q2FY25. Tax expenses for Q2FY26 were ₹3.58 crores, down by 20.6% from the previous quarter and 39.3% from the same quarter last year. Consequently, the profit after tax (PAT) for Q2FY26 was ₹6.01 crores, showing a marginal increase of 0.2% from the prior quarter but a substantial decrease of 37.0% from the previous year's corresponding quarter. The earnings per share (EPS) remained consistent at ₹3.19 compared to Q1FY26, but decreased from ₹5.07 in Q2FY25, reflecting the year-over-year decline in profitability.

Operating Metrics

The total expenses for The Hi-Tech Gears Ltd in Q2FY26 amounted to ₹233.51 crores, marking an 11.4% increase from Q1FY26, where expenses were ₹209.58 crores. On a year-over-year basis, total expenses saw a minimal increase of 0.3% from ₹232.86 crores in Q2FY25. These changes in operating expenses relative to the revenue generated play a crucial role in understanding the company's operational efficiency and cost management over different periods. The stability in the company's expenses, despite fluctuations in revenue and profitability, suggests a controlled approach to cost management.