The Hi-Tech Gears share price today

The Hi-Tech Gears Ltd's share price was ₹502.35 at the close on 4 November 2026. It has been falling for 41 weeks. That is 16.4% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹500 and ₹753, and at that close it sat 1% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today The Hi-Tech Gears Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 15 weeks running.

Over the last 11 years the share price moved +107% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 24 July 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

One change stood out: profit down on a year earlier for 8 quarters in a row.

1. Profit down on a year earlier for 8 quarters in a row

   In the June 2026 quarter profit was ₹5 crore, -20.7% on a year earlier.

For April to June 2026 (the quarter ended 30 June 2026), The Hi-Tech Gears reported revenue of ₹238 crore, up 10.3% from ₹216 crore a year earlier, and a profit of ₹4.76 crore, down 20.7% from ₹6.00 crore.

The Hi-Tech Gears results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

The Hi-Tech Gears closed at ₹502.35 on 4 November 2026, down 31.7% from ₹735.75 a year earlier (7 November 2025) and up 100.7% over five years. Its highest weekly close since March 2016 was ₹1,163.45 on 19 April 2024.

The Hi-Tech Gears share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

560 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: The Hi-Tech Gears closed at ₹502.35, up 0.5% on the week and down 16.5% on the month. 15 Sep 2026: ex-date for a dividend of ₹4 a share.

Earlier

• Results for April to June 2026: Revenue up 10.3% and profit down 20.7% on a year earlier.

The Hi-Tech Gears paid ₹4 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.80% at the ₹502.35 close on 4 November 2026. The last was a dividend of ₹4 a share, ex-date 15 September 2026.

The Hi-Tech Gears dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. The Hi-Tech Gears Ltd paid out 36% of its profit as dividends in FY26, and it paid a dividend in 10 of its last 11 reported years. One of those years shows a negative figure because profit itself was negative.

From the NSE corporate-actions record, read 5 November 2026.

The Hi-Tech Gears is on one of our India lists: 52 week high & low.

The Hi-Tech Gears Ltd earned ₹4.8 Cr of net profit in the Jun 2026 quarter, −20.7% on the same quarter a year earlier. Full-year FY26 profit was ₹21.0 Cr. Over 20 years profit has grown 6.5% a year on average. That is 2.0% of the quarter's revenue. The same quarter a year earlier earned ₹6.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹21.0 Cr (−47.5% on the year before).

Why profit moved: revenue changed +10.3% on a year earlier and the margin moved −1.1 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed −40.4% and revenue +5.9%. Profit is growing slower than sales: rising costs are taking part of the growth.

The Hi-Tech Gears Ltd reported ₹238 Cr of revenue in the Jun 2026 quarter, +10.3% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 20 years it has grown 8.0% a year on average. The last full year, FY26, came in at ₹908 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹931 Cr.

FY26 revenue was ₹908 Cr, −2.0% on the year before.

Recent pace: the last four quarters grew +5.9% on average, against 8.0% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +5.5%, against −8.2% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −38.6%, against −59.3% a year (accelerating).

The Hi-Tech Gears Ltd's operating margin was 11.1% in the Jun 2026 quarter, 1.1 percentage points lower than the same quarter a year ago. Across 11 years it has been between 8.0% and 15.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −1.1 percentage points on the year while gross margin changed +2.1 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 201% of The Hi-Tech Gears Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹86.0 Cr of operating cash against ₹21.0 Cr of profit. After ₹64.0 Cr of spending on assets, ₹22.0 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 201% of profit came in as cash: the cash cycle got 49 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.

The Hi-Tech Gears Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 101 days in FY26, up from 52 days in FY21. It spent ₹125 Cr on assets over the last 3 years. Customers take 70 days to pay, and stock sits for 112 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹908 Cr, each day of that cycle ties up about ₹2.5 Cr, so roughly ₹251 Cr is tied up in the business at any time.

FY26: customers took 70 days to pay and stock sat for 112 days, about 3.7 months of sales sitting as stock, for a full cycle of 101 days, longer than FY21's 52.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 112 days. Customers pay about 70 days after that. Suppliers are paid at 80 days. Together that makes the 101-day cycle.

Spending on assets: ₹125 Cr over the last 3 years, against ₹191 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹7.0 Cr (FY26): assets paid for that are not earning yet.

In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.

The Hi-Tech Gears Ltd's P/E is 47.9×, near the high end of its own history: higher than 86% of past readings. Its usual P/E (the middle reading) is 26.7×, over 9.1 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.