The Hi-Tech Gears' Q1 FY 2026-27 Quarterly Results

Result Summary

• The Hi-Tech Gears Ltd reported a 2.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 8.6%.
• Its expenses for the quarter were up by 4.3% QoQ and 11.0% YoY.
• The net profit decreased 41.3% QoQ and decreased 20.7% YoY.
• The earnings per share (EPS) of The Hi-Tech Gears Ltd stood at 2.53 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

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 reputed entity in the automotive component manufacturing industry. The company primarily focuses on the production of precision automotive components, serving both domestic and international markets. These components are essential in the assembly and functioning of vehicles, which highlights the company's pivotal role in the automotive supply chain. While specific recent major developments of the company are not provided in the data, its longstanding presence in the industry indicates a stable operational framework and a commitment to quality production standards.

Revenue

In the first quarter of fiscal year 2027 (Q1FY27), The Hi-Tech Gears Ltd reported a total income of ₹238.94 crores. This represents a quarter-over-quarter increase of 2.5% compared to the ₹233.01 crores reported in the fourth quarter of fiscal year 2026 (Q4FY26). Additionally, on a year-over-year basis, the total income increased by 8.6% from ₹220.09 crores in the first quarter of fiscal year 2026 (Q1FY26). This growth in revenue over both the quarterly and annual periods highlights the company's enhanced capacity to generate income, which can be attributed to either increased sales volume, price adjustments, or a combination of both.

Profitability

The company's profitability metrics for Q1FY27 reflect a decrease when contrasted with previous periods. Profit Before Tax (PBT) for the quarter stood at ₹6.39 crores, down by 36.4% from the ₹10.05 crores recorded in Q4FY26, and a 39.2% decline from the ₹10.51 crores in Q1FY26. Subsequently, Profit After Tax (PAT) for Q1FY27 was ₹4.76 crores, a significant drop from ₹8.11 crores in Q4FY26 and ₹6.00 crores in Q1FY26, marking a decrease of 41.3% QoQ and 20.7% YoY. The Earnings Per Share (EPS) mirrored this trend, decreasing from 4.31 in Q4FY26 to 2.53 in Q1FY27, and from 3.19 in Q1FY26. These figures illustrate a reduction in profitability over both the short and long term.

Operating Metrics

The operational efficiency of The Hi-Tech Gears Ltd can be partially inferred from the comparison between total income and total expenses. In Q1FY27, the company reported total expenses of ₹232.55 crores, which is a 4.3% increase from ₹222.97 crores in Q4FY26 and an 11.0% rise from ₹209.58 crores in Q1FY26. The increase in expenses outpaced the growth in income during the same periods, contributing to the observed decline in profit margins. The tax expense for Q1FY27 was ₹1.63 crores, reduced from ₹1.93 crores in Q4FY26 and ₹4.51 crores in Q1FY26, indicating a lower tax burden in the current quarter compared to both preceding periods. These metrics provide insights into the cost management and tax strategies of the company during the reporting period.