The Hi-Tech Gears Limited (HITECHGEAR) — Financial Results | 8 August 2026

The Hi-Tech Gears Limited reported consolidated revenue of INR 2,377 crores for Q1 FY27, reflecting a 10.3% YoY increase driven by growth in exports and new customer wins in EV and premium segments. Operational EBITDA stood at INR 263 crores with a margin of 11.06%, while PAT was INR 48 crores, down 20% YoY due to cost absorption from plant refurbishments and inflationary pressures. The company highlighted ongoing transformation initiatives to improve machine throughput and labour productivity, with new business wins totaling INR 1,172 crores annualized in FY25-26. Forward-looking statements indicate confidence in ramp-up of new programs and expansion into passenger car and EV segments, though near-term profitability remains under pressure.