The Hi-Tech Gears Limited (HITECHGEAR) - Net Assets
Based on the latest financial reports, The Hi-Tech Gears Limited (HITECHGEAR) has net assets worth Rs4.99 Billion INR (≈ $53.94 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs8.13 Billion ≈ $87.90 Million USD) and total liabilities (Rs3.14 Billion ≈ $33.96 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check HITECHGEAR asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs4.99 Billion |
| % of Total Assets | 61.37% |
| Annual Growth Rate | 14.07% |
| 5-Year Change | 50.77% |
| 10-Year Change | 146.68% |
| Growth Volatility | 19.32 |
The Hi-Tech Gears Limited - Net Assets Trend (2006–2025)
This chart illustrates how The Hi-Tech Gears Limited's net assets have evolved over time, based on quarterly financial data. Also explore how large is The Hi-Tech Gears Limited's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for The Hi-Tech Gears Limited (2006–2025)
The table below shows the annual net assets of The Hi-Tech Gears Limited from 2006 to 2025. For live valuation and market cap data, see how much is The Hi-Tech Gears Limited worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs4.84 Billion ≈ $52.30 Million |
+3.74% |
| 2024-03-31 | Rs4.66 Billion ≈ $50.41 Million |
+31.52% |
| 2023-03-31 | Rs3.54 Billion ≈ $38.33 Million |
+7.16% |
| 2022-03-31 | Rs3.31 Billion ≈ $35.77 Million |
+3.12% |
| 2021-03-31 | Rs3.21 Billion ≈ $34.69 Million |
+16.11% |
| 2020-03-31 | Rs2.76 Billion ≈ $29.87 Million |
+1.65% |
| 2019-03-31 | Rs2.72 Billion ≈ $29.39 Million |
+12.83% |
| 2018-03-31 | Rs2.41 Billion ≈ $26.05 Million |
+19.54% |
| 2017-03-31 | Rs2.01 Billion ≈ $21.79 Million |
+2.78% |
| 2016-03-31 | Rs1.96 Billion ≈ $21.20 Million |
+7.91% |
| 2015-03-31 | Rs1.82 Billion ≈ $19.65 Million |
+3.09% |
| 2014-03-31 | Rs1.76 Billion ≈ $19.06 Million |
+5.98% |
| 2013-03-31 | Rs1.66 Billion ≈ $17.98 Million |
+6.69% |
| 2012-03-31 | Rs1.56 Billion ≈ $16.85 Million |
+26.10% |
| 2011-03-31 | Rs1.24 Billion ≈ $13.37 Million |
+25.56% |
| 2010-03-31 | Rs984.35 Million ≈ $10.65 Million |
+28.71% |
| 2009-03-31 | Rs764.81 Million ≈ $8.27 Million |
-8.44% |
| 2008-03-31 | Rs835.34 Million ≈ $9.03 Million |
+84.44% |
| 2007-03-31 | Rs452.90 Million ≈ $4.90 Million |
+14.18% |
| 2006-03-31 | Rs396.65 Million ≈ $4.29 Million |
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Equity Component Analysis
This analysis shows how different components contribute to The Hi-Tech Gears Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 407258000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs4.07 Billion | 84.22% |
| Common Stock | Rs187.93 Million | 3.89% |
| Other Comprehensive Income | Rs568.16 Million | 11.75% |
| Other Components | Rs7.08 Million | 0.15% |
| Total Equity | Rs4.84 Billion | 100.00% |
The Hi-Tech Gears Limited Competitors by Market Cap
The table below lists competitors of The Hi-Tech Gears Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Silicom
NASDAQ:SILC
|
$125.54 Million |
|
Apyx Medical Inc
NASDAQ:APYX
|
$125.55 Million |
|
Synalloy Corporation
NASDAQ:ACNT
|
$125.57 Million |
|
Darwin AG
XETRA:7V0
|
$125.57 Million |
|
Spring Valley Acquisition Corp. II Class A Ordinary Shares
NASDAQ:SVII
|
$125.48 Million |
|
Aspen Group Ltd
TA:ASGR
|
$125.46 Million |
|
Synergy Innovation Co. Ltd
KQ:048870
|
$125.39 Million |
|
Access Bio Inc
KQ:950130
|
$125.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Hi-Tech Gears Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,661,530,000 to 4,835,750,000, a change of 174,220,000 (3.7%).
- Net income of 403,630,000 contributed positively to equity growth.
- Dividend payments of 93,890,000 reduced retained earnings.
- Share repurchases of 150,000 reduced equity.
- New share issuances of 150,000 increased equity.
- Other comprehensive income decreased equity by 122,400,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs403.63 Million | +8.35% |
| Dividends Paid | Rs93.89 Million | -1.94% |
| Share Repurchases | Rs150.00K | -0.0% |
| Share Issuances | Rs150.00K | +0.0% |
| Other Comprehensive Income | Rs-122.40 Million | -2.53% |
| Other Changes | Rs-13.12 Million | -0.27% |
| Total Change | Rs- | 3.74% |
Book Value vs Market Value Analysis
This analysis compares The Hi-Tech Gears Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.40x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 29.22x to 2.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs21.13 | Rs617.55 | x |
| 2007-03-31 | Rs24.13 | Rs617.55 | x |
| 2008-03-31 | Rs44.51 | Rs617.55 | x |
| 2009-03-31 | Rs40.75 | Rs617.55 | x |
| 2010-03-31 | Rs52.45 | Rs617.55 | x |
| 2011-03-31 | Rs65.85 | Rs617.55 | x |
| 2012-03-31 | Rs83.04 | Rs617.55 | x |
| 2013-03-31 | Rs88.60 | Rs617.55 | x |
| 2014-03-31 | Rs93.89 | Rs617.55 | x |
| 2015-03-31 | Rs96.80 | Rs617.55 | x |
| 2016-03-31 | Rs104.45 | Rs617.55 | x |
| 2017-03-31 | Rs107.35 | Rs617.55 | x |
| 2018-03-31 | Rs128.32 | Rs617.55 | x |
| 2019-03-31 | Rs144.79 | Rs617.55 | x |
| 2020-03-31 | Rs147.18 | Rs617.55 | x |
| 2021-03-31 | Rs170.90 | Rs617.55 | x |
| 2022-03-31 | Rs176.23 | Rs617.55 | x |
| 2023-03-31 | Rs188.63 | Rs617.55 | x |
| 2024-03-31 | Rs247.79 | Rs617.55 | x |
| 2025-03-31 | Rs257.47 | Rs617.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Hi-Tech Gears Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.35%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.38%
- • Asset Turnover: 1.15x
- • Equity Multiplier: 1.66x
- Recent ROE (8.35%) is below the historical average (12.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 13.95% | 2.84% | 1.08x | 4.56x | Rs15.67 Million |
| 2007 | 18.39% | 3.09% | 1.36x | 4.37x | Rs38.02 Million |
| 2008 | 11.74% | 3.45% | 1.20x | 2.83x | Rs14.53 Million |
| 2009 | 7.64% | 1.98% | 1.31x | 2.94x | Rs-18.05 Million |
| 2010 | 18.11% | 5.52% | 1.35x | 2.44x | Rs79.82 Million |
| 2011 | 28.35% | 8.24% | 1.59x | 2.16x | Rs226.75 Million |
| 2012 | 27.02% | 8.47% | 1.44x | 2.22x | Rs265.29 Million |
| 2013 | 9.75% | 4.34% | 1.22x | 1.85x | Rs-4.14 Million |
| 2014 | 9.04% | 4.41% | 1.21x | 1.69x | Rs-16.96 Million |
| 2015 | 10.14% | 4.26% | 1.47x | 1.62x | Rs2.51 Million |
| 2016 | 10.80% | 4.70% | 1.42x | 1.61x | Rs15.61 Million |
| 2017 | 10.00% | 4.26% | 0.69x | 3.38x | Rs-80.60K |
| 2018 | 14.22% | 4.67% | 1.00x | 3.05x | Rs101.59 Million |
| 2019 | 13.09% | 4.00% | 1.03x | 3.19x | Rs84.04 Million |
| 2020 | 3.00% | 1.17% | 0.89x | 2.86x | Rs-193.47 Million |
| 2021 | 8.98% | 3.88% | 0.80x | 2.88x | Rs-32.87 Million |
| 2022 | -0.33% | -0.11% | 0.97x | 3.03x | Rs-341.76 Million |
| 2023 | 6.52% | 1.99% | 1.18x | 2.78x | Rs-123.29 Million |
| 2024 | 24.51% | 10.32% | 1.22x | 1.95x | Rs676.38 Million |
| 2025 | 8.35% | 4.38% | 1.15x | 1.66x | Rs-79.94 Million |
Industry Comparison
This section compares The Hi-Tech Gears Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $20,558,196,000
- Average return on equity (ROE) among peers: 17.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Hi-Tech Gears Limited (HITECHGEAR) | Rs4.99 Billion | 13.95% | 0.63x | $125.51 Million |
| Asahi India Glass Limited (ASAHIINDIA) | $12.88 Billion | 11.93% | 2.00x | $2.31 Billion |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $10.43 Billion | 23.74% | 0.84x | $937.98 Million |
| Balkrishna Industries Limited (BALKRISIND) | $50.08 Billion | 19.16% | 0.36x | $4.52 Billion |
| Banco Products (I) Limited (BANCOINDIA) | $9.82 Billion | 15.53% | 0.56x | $956.83 Million |
| Bharat Gears Limited (BHARATGEAR) | $393.44 Million | 22.33% | 3.35x | $17.81 Million |
| Bosch Limited (BOSCHLTD) | $47.28 Billion | 23.74% | 0.51x | $11.48 Billion |
| CEAT Limited (CEATLTD) | $5.13 Billion | 28.95% | 2.06x | $1.50 Billion |
| CIE Automotive India Limited (CIEINDIA) | $49.08 Billion | 2.17% | 0.94x | $1.94 Billion |
| Craftsman Automation Limited (CRAFTSMAN) | $17.52 Billion | 17.38% | 1.69x | $1.98 Billion |
| Divgi Torqtransfer Systems Limited (DIVGIITTS) | $2.96 Billion | 12.86% | 0.23x | $238.35 Million |
About The Hi-Tech Gears Limited
The Hi-Tech Gears Limited manufactures and sells auto components for automobile manufacturers in India, the United States, and internationally. It offers transmission gears and shafts, driveline components, steering linkage, and power take off components for two wheelers, light vehicles, commercial vehicles, and off highway vehicles; and engine gears. The Hi-Tech Gears Limited was incorporated in… Read more