The Hi-Tech Gears
The Hi-Tech Gears Limited is a Gurgaon-headquartered, publicly listed Indian auto component manufacturer (NSE: HITECHGEAR) founded in 1986, supplying gears and components to automotive OEMs with a workforce of 1,001-5,000 employees.
- Company typePublic
- Founded1986
- HeadquartersGurugram, India
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What The Hi-Tech Gears does
The Hi-Tech Gears Limited is an India-based auto component manufacturer headquartered in Gurgaon, publicly listed on NSE (HITECHGEAR) and BSE, and operating since 1986 with a workforce of 1,001-5,000 employees. The company manufactures and supplies automotive components within the Indian automotive value chain, serving as a tier supplier to OEMs. Capital structure shows concentrated ownership with promoter holdings at 56.12% and public shareholding at 43.85%, consistent with family/founder-led Indian manufacturing.
Financial performance reflects a multi-year contraction. Revenue declined from ₹1,140 crore in FY2023 to ₹888 crore in FY2026 (-22%), with operating income compressing from ₹603 crore to ₹337 crore (-44%) over the same period. Net income fell from ₹231 crore to ₹209 crore, with FY2024 showing an anomalous ₹1,142 crore spike likely tied to non-recurring items. The June 2026 quarterly print registered net sales of ₹169.97 crore (+6.82% YoY for revenue) but a 33.56% decline in net profit (₹6.24 crore), confirming margin compression continues.
The company maintains routine capital discipline via a proposed ₹4 per share dividend (40% payout on ₹10 face value) subject to 40th AGM approval, and modest ESOP grants (12,318 options, February 2026). No M&A activity, geographic expansion, new product launches, technology investments, or AI initiatives are disclosed. The business is operating in defensive mode, focused on retention and shareholder returns rather than growth investment.
The Hi-Tech Gears firmographics
Firmographics- Name
- The Hi-Tech Gears
- Legal name
- The Hi-Tech Gears Limited
- Website
- https://thehitechgears.com
- Company type
- Public
- Founded year
- 1986
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- The Hi-Tech Gears Limited is a Gurgaon-headquartered, publicly listed Indian auto component manufacturer (NSE: HITECHGEAR) founded in 1986, supplying gears and components to automotive OEMs with a workforce of 1,001-5,000 employees.
- Ownership category
- akta.pro rank
The Hi-Tech Gears industry classification
Industry- Product category
- Automotive Components Manufacturing
- NAICS
- Motor Vehicle Parts Manufacturing (3363), Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing (333612)
- SIC
- Screw Machine Products (3451)
- akta.pro primary industry
- Steering Systems & Components (Columns/Racks/EPS Pumps & Motors) (IMACAIAB)
Keywords
Where The Hi-Tech Gears is headquartered
LocationHeadquarters
- HQ city
- Gurugram
- HQ country
- India
- HQ region
- Asia
Markets served
The Hi-Tech Gears business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
The Hi-Tech Gears product offering
Product offeringCore offering
The Hi-Tech Gears is an auto component manufacturer founded in 1986 and headquartered in Gurgaon, India. The company designs and manufactures precision gears, transmission, driveline, and engine components for automotive and related industry customers. It is a publicly listed entity on Indian stock exchanges serving vehicle and equipment manufacturers.
Differentiator
Problem solved
Functional benefit
The Hi-Tech Gears technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
The Hi-Tech Gears partnerships and signals
Strategic signalScale indicators6 records
Recent moves4 records
Expansion highlights2 records
The Hi-Tech Gears competitors and assessment
Company assessmentBroad incumbents
- Aisin Seiki: Japanese global automotive component manufacturer and one of the world's largest producers of automatic transmissions and related gear components; comparable as a global incumbent in the gear manufacturing category.
- Dana Incorporated: US-listed global supplier of driveline, sealing, and thermal-management technologies including precision gears and axles; comparable as a global incumbent in the gear and driveline component space.
- Motherson Sumi Systems: Largest Indian auto component manufacturer with a diversified portfolio across wiring harnesses, modules, and polymer products; comparable as a publicly listed Indian auto component incumbent with global OEM relationships.
- ZF Friedrichshafen: German global tier-1 automotive supplier specializing in driveline and chassis technology including transmissions and steering systems; comparable as a global incumbent in the same product category (gears, steering components).
Direct peers
- Bharat Forge: Indian listed auto component manufacturer producing precision forged and machined components including driveline parts; directly comparable in product portfolio, OEM customer base, and public-company governance structure.
- Rico Auto Industries: Indian listed manufacturer of automotive components including precision-machined and aluminum parts; comparable in scale, product mix, and customer orientation toward Indian passenger vehicle OEMs.
- Sundaram Fasteners: Indian listed manufacturer of high-tensile fasteners and precision automotive components serving OEM customers; closely comparable as an India-based, public auto component supplier with overlapping customer relationships.
- Endurance Technologies: Indian listed auto component manufacturer specializing in suspension, braking, and driveline components; comparable as a tier-1 Indian auto component supplier serving similar OEM customers with similar product categories.
- Gabriel India: Indian listed manufacturer of shock absorbers, struts, and front-end components; comparable as an Indian tier-1 auto component supplier in similar revenue range serving OEM customers.
- Musashi Seimitsu Industry: Japanese global manufacturer of precision forged and machined components including transmission gears and differential assemblies; closely comparable as a pure-play precision gear manufacturer serving global automotive OEMs.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
The Hi-Tech Gears social profiles
Digital presenceThe Hi-Tech Gears financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Hi-Tech Gears leadership team
Management profileNumber of profiles
The Hi-Tech Gears funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Hi-Tech Gears M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Hi-Tech Gears
What does The Hi-Tech Gears do?
The Hi-Tech Gears is an auto component manufacturer founded in 1986 and headquartered in Gurgaon, India. The company designs and manufactures precision gears, transmission, driveline, and engine components for automotive and related industry customers. It is a publicly listed entity on Indian stock exchanges serving vehicle and equipment manufacturers.
Is The Hi-Tech Gears a public or private company?
The Hi-Tech Gears is a public company. It is currently operating.
When was The Hi-Tech Gears founded?
The Hi-Tech Gears was founded in 1986. It employs 1,001 to 5,000 people.
Where is The Hi-Tech Gears based?
The Hi-Tech Gears is headquartered in Gurugram, India, in the Asia region.
Who are The Hi-Tech Gears's main competitors?
Broad incumbents on record are Aisin Seiki, Dana Incorporated, Motherson Sumi Systems and ZF Friedrichshafen. Direct peers are Bharat Forge, Rico Auto Industries, Sundaram Fasteners, Endurance Technologies, Gabriel India and Musashi Seimitsu Industry.
Does The Hi-Tech Gears have an API?
No public API is recorded for The Hi-Tech Gears.
What industry is The Hi-Tech Gears in?
The Hi-Tech Gears's product category is Automotive Components Manufacturing. Its primary akta.pro industry code is IMACAIAB, Steering Systems & Components (Columns/Racks/EPS Pumps & Motors). Its NAICS code is 3363 and its SIC code is 3451.