What we do The Hi-Tech Gears Ltd manufactures precision automotive gears, shafts, and transmission components, serving major two-wheeler, passenger vehicle, and commercial vehicle manufacturers globally. |
Founded in 1,986 |
Market share Leading Indian Tier 1 auto components supplier with strategic global partnerships and diversified automotive segments. |
Problem solved Provides high-quality transmission components to enhance vehicle performance and durability, supporting efficient drivetrain systems. |
Top clients or who we serve Serve major OEMs like Hero MotoCorp, Cummins, Daimler, Bosch, Magna; operate in B2B automotive supply sector. |
Key management - |
Our journey and innovations Incorporated in 1986, expanded via technology tie-ups (e.g., Kyushu Musashi), global subsidiaries, and new EV component development. |
Where we operate Manufacturing in India, Canada, USA; exports to over 10 countries including Germany, UK, Brazil, China, South Korea. |
Top products or what we offer Precision gears, shafts, transmission and engine components for two-wheelers, passenger cars, commercial and off-highway vehicles. |
Top brands - |
Raw materials needed Steel forgings and precision metals for gears and shafts manufacturing. |
Raw materials supplier Suppliers include Kyushu Musashi (for forgings) and other metal component providers. |
Recurring vs cyclical contribution Revenue is business-to-business and mainly cyclical, linked to automotive production cycles with stable recurring orders. |
Our industry position Well-positioned as a competitive Tier 1 supplier with global footprint and leading OEM relationships. |
Financial highlights Consolidated revenue ₹926.96 crore, net profit ₹40.36 crore (FY 2024-25); exports 33.4% of turnover; EBITDA margin ~11%. |
Geographical revenue split India contributes ~48%, Canada ~28%, and other regions ~3%, with exports comprising a significant revenue share. |
Order book - |
Whats driving growth Growth driven by new EV business wins, operational efficiencies, geographic expansion, and diversified product launches. |
Our future plans Focus on EV component manufacturing, operational improvements, new customer acquisitions, and technology upgrades. |
Our green promise - |
Our people and values More than 2500 employees committed to innovation, quality, and customer satisfaction across global facilities. |
Key challenges ahead Managing global economic uncertainties, raw material cost volatility, and evolving automotive technology demands. |
Interesting facts First Indian company to get unique forging technology transfer from Honda's Japanese subsidiary. |
Risks and strategy Mitigates risks via diversification, lean manufacturing, strategic partnerships, and continuous technology upgrades. |
