The Hi-Tech Gears Limited

Manufactures auto components for various vehicles using advanced technology.

1986 | Manesar, Haryana (India) | Active
Last Updated: November 16, 2024

The Hi-Tech Gears Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 18.78 Cr
  • Company Age 38 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 273.56 Cr
  • Satisfied Charges ₹ 373.88 Cr
  • Revenue Growth 21.31%
  • Profit Growth 30.69%
  • Ebitda 15.30%
  • Net Worth 13.84%
  • Total Assets 2.56%

About The Hi-Tech Gears

The Hi-Tech Gears Limited (THGL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 October 1986 and has a history of 38 years and four months. Its registered office is in Manesar, Haryana.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 522073 and on the National Stock Exchange(NSE) under HITECHGEAR.

The Corporate was formerly known as Hi-Tech Gears Limited. The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 18.78 Cr.

The company currently has active open charges totaling ₹273.56 Cr. The company has closed loans amounting to ₹373.88 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at The Hi-Tech Gears Limited India are Naveen Jain as COMPANY SECRETARY and Kapil Rajora as Cfo. Deep Kapuria, Pranav Kapuria, Anuj Kapuria, and Eleven other members serve as directors at the Company.

Company Details

  • Location Manesar, Haryana
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    thehitechgears.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L29130HR1986PLC081555

  • Company No.

    081555

  • Stock Symbol

    BSE : 522073 NSE : HITECHGEAR

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Oct 1986

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Automotive

What products or services does The Hi-Tech Gears Limited offer?

The Hi-Tech Gears Limited offers a wide range of products and services, including Automobile Fittings & Components, Automotive Belts, Clutch, Clutch Parts & Accessories, Clutch Components, Brakes & Braking Systems, Motorcycle Brake Part, Automobile Interiors & Accessories, Vehicle Horn, Oils, Grease & Lubricants, Engine Oil.

Who are the key members and board of directors at The Hi-Tech Gears?

Executive Team (3)

NameDesignationAppointment DateStatus
Pranav Kapuria Country flag representing In Managing Director25-May-2000Current
Naveen Jain Company Secretary18-Nov-2019Current
Kapil Rajora CFO15-Aug-2023Current

Board Members (13)

NameDesignationAppointment DateStatus
Sameer Gupta Country flag representing In Director 16-Aug-2024Current
Deep Kapuria Country flag representing In Whole-Time Director 23-Oct-1986Current
Anuj Kapuria Country flag representing In Whole-Time Director 30-May-2005Current
Bidadi Kumar Country flag representing In Director 03-Nov-2015Current
Anant Talaulicar Country flag representing Us Director 21-May-2018Current
Rajiv Batra Country flag representing In Director 02-Nov-2021Current

Financial Performance of The Hi-Tech Gears.

The Hi-Tech Gears Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.31% increase. The company also saw a substantial improvement in profitability, with a 30.69% increase in profit. The company's net worth Soared by an impressive increase of 13.84%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
21.31%
Revenue from Operations
21.29%
Total Assets
2.56%
Profit or Loss
30.69%
Net Worth
13.84%
EBITDA
15.30%

What is the Ownership and Shareholding Structure of The Hi-Tech Gears?

In 2022, The Hi-Tech Gears had a promoter holding of 56.22% and a public holding of 43.79%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹273.56 Cr

Satisfied Charges

₹373.88 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 119.00 Cr
  • Others : 114.50 Cr
  • Standard Chartered Bank : 30.00 Cr
  • Yes Bank Limited : 10.00 Cr
  • Citi Bank N.A. : 0.06 Cr

Latest Charge Details

DateLenderAmountStatus
16 Apr 2024Hdfc Bank Limited₹25.00 CrOpen
26 Feb 2024Yes Bank Limited₹10.00 CrOpen
04 Jan 2024Others₹5.50 CrOpen
02 Nov 2021Others₹25.00 CrOpen
12 Oct 2021Others₹30.00 CrOpen

How Many Employees Work at The Hi-Tech Gears?

The Hi-Tech Gears has a workforce of 720 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of The Hi-Tech Gears, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped The Hi-Tech Gears's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on The Hi-Tech Gears

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 94.00 Cr registered on 01 Oct 2018 with Charge ID 100233349 was modified on 30 Aug 2024.

    30 Aug 2024

  • Director Appointment

    Arjun Juneja was appointed as a Director was appointed as a Director on 27 Aug 2024 & has been associated with this company since 5 months 26 days .

    27 Aug 2024

  • Director Appointment

    Sameer Gupta was appointed as a Director was appointed as a Director on 16 Aug 2024 & has been associated with this company since 6 months 7 days .

    16 Aug 2024

  • Director Appointment

    Vikram Rupchand Jaisinghani was appointed as a Director was appointed as a Director on 12 Aug 2024 & has been associated with this company since 6 months 11 days .

    12 Aug 2024

  • Director Appointment

    Deval Mahadev Desai was appointed as a Director was appointed as a Director on 12 Aug 2024 & has been associated with this company since 6 months 11 days .

    12 Aug 2024

  • Director Appointment

    Girish Narang was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 12 Aug 2024 & has been associated with this company since 6 months 11 days .

    12 Aug 2024

Frequently asked questions

  • The Hi-Tech Gears Limited was incorporated on 23 Oct 1986.

  • The authorized share capital of The Hi-Tech Gears Limited is ₹ 20.00 Cr and paid-up capital is ₹ 18.78 Cr.

  • Currently 16 directors are associated with The Hi-Tech Gears Limited.

    • Deep Kapuria
    • Pranav Kapuria
    • Anuj Kapuria
    • Bidadi Anjani Kumar
    • Anant Jaivant Talaulicar
    • Rajiv Batra
    • Vikram Rupchand Jaisinghani
    • Sameer Gupta
    • Arjun Juneja
    • Ramesh Shankarmal Pilani
    • Kawal Jain
    • Malini Sud
    • Deval Mahadev Desai
    • Girish Narang
    • Naveen Jain
    • Kapil Rajora
  • As per Ministry of Corporate Affairs (Mca), the registered address of The Hi-Tech Gears Limited is Plot No. 24 25 26 Sector-7, Imt India, Manesar, Haryana, 122050.

  • The corporate identification number (CIN) of The Hi-Tech Gears Limited is L29130HR1986PLC081555 and the company number is 081555 as per Ministry of Corporate Affairs (MCA).

  • Yes, The Hi-Tech Gears Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): HITECHGEAR.

  • The Official website of The Hi-Tech Gears Limited is https://www.thehitechgears.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for The Hi-Tech Gears Limited has risen by 21.31%.

  • As Per 2023 financial reports, 720 employees are currently employed by The Hi-Tech Gears Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of The Hi-Tech Gears Limited has experienced an upsurge of 13.84%.

  • As per the financial statements for fiscal Year 2023, The total open charges for The Hi-Tech Gears Limited amount to ₹ 273.56 Cr.

  • The most recent Balance Sheet for The Hi-Tech Gears Limited was filed with the ROC on 31 Mar 2023.

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