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- Indian - auto ancillaries
- HI-TECH GEARS - L.G.BALAKRISHNAN
HI-TECH GEARS vs L.G.BALAKRISHNAN - Comparison Results
Current Valuations
| HI-TECH GEARS | L.G.BALAKRISHNAN | HI-TECH GEARS/ L.G.BALAKRISHNAN |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 26.4 | 13.7 | 192.7% | View Chart |
| P/BV | x | 3.2 | 2.4 | 134.2% | View Chart |
| Dividend Yield | % | 0.6 | 1.5 | 42.5% |
Financials
 HI-TECH GEARS  L.G.BALAKRISHNAN |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| HI-TECH GEARS Mar-24 |
L.G.BALAKRISHNAN Mar-24 |
HI-TECH GEARS/ L.G.BALAKRISHNAN |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 798 | 1,409 | 56.6% | |
| Low | Rs | 243 | 745 | 32.6% | |
| Sales per share (Unadj.) | Rs | 589.4 | 747.4 | 78.9% | |
| Earnings per share (Unadj.) | Rs | 60.8 | 86.5 | 70.3% | |
| Cash flow per share (Unadj.) | Rs | 93.4 | 111.3 | 83.9% | |
| Dividends per share (Unadj.) | Rs | 5.00 | 18.00 | 27.8% | |
| Avg Dividend yield | % | 1.0 | 1.7 | 57.5% | |
| Book value per share (Unadj.) | Rs | 247.9 | 517.7 | 47.9% | |
| Shares outstanding (eoy) | m | 18.78 | 31.39 | 59.8% | |
| Bonus / Rights / Conversions | 0 | 0 | - | ||
| Price / Sales ratio | x | 0.9 | 1.4 | 61.3% | |
| Avg P/E ratio | x | 8.6 | 12.5 | 68.7% | |
| P/CF ratio (eoy) | x | 5.6 | 9.7 | 57.6% | |
| Price / Book Value ratio | x | 2.1 | 2.1 | 100.9% | |
| Dividend payout | % | 8.2 | 20.8 | 39.5% | |
| Avg Mkt Cap | Rs m | 9,777 | 33,810 | 28.9% | |
| No. of employees | `000 | NA | NA | - | |
| Total wages/salary | Rs m | 1,967 | 3,616 | 54.4% | |
| Avg. sales/employee | Rs Th | 0 | 0 | - | |
| Avg. wages/employee | Rs Th | 0 | 0 | - | |
| Avg. net profit/employee | Rs Th | 0 | 0 | - | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 11,069 | 23,460 | 47.2% | |
| Other income | Rs m | 99 | 494 | 20.1% | |
| Total revenues | Rs m | 11,168 | 23,955 | 46.6% | |
| Gross profit | Rs m | 2,269 | 4,021 | 56.4% | |
| Depreciation | Rs m | 612 | 780 | 78.5% | |
| Interest | Rs m | 378 | 89 | 425.4% | |
| Profit before tax | Rs m | 1,379 | 3,647 | 37.8% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | 237 | 932 | 25.4% | |
| Profit after tax | Rs m | 1,143 | 2,715 | 42.1% | |
| Gross profit margin | % | 20.5 | 17.1 | 119.6% | |
| Effective tax rate | % | 17.2 | 25.6 | 67.2% | |
| Net profit margin | % | 10.3 | 11.6 | 89.2% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 4,332 | 11,117 | 39.0% | |
| Current liabilities | Rs m | 3,110 | 5,283 | 58.9% | |
| Net working cap to sales | % | 11.0 | 24.9 | 44.4% | |
| Current ratio | x | 1.4 | 2.1 | 66.2% | |
| Inventory Days | Days | 9 | 79 | 11.1% | |
| Debtors Days | Days | 66 | 468 | 14.1% | |
| Net fixed assets | Rs m | 4,925 | 11,250 | 43.8% | |
| Share capital | Rs m | 188 | 314 | 59.8% | |
| "Free" reserves | Rs m | 4,468 | 15,936 | 28.0% | |
| Net worth | Rs m | 4,656 | 16,250 | 28.7% | |
| Long term debt | Rs m | 1,435 | 185 | 775.4% | |
| Total assets | Rs m | 9,257 | 22,367 | 41.4% | |
| Interest coverage | x | 4.7 | 42.1 | 11.1% | |
| Debt to equity ratio | x | 0.3 | 0 | 2,706.4% | |
| Sales to assets ratio | x | 1.2 | 1.0 | 114.0% | |
| Return on assets | % | 16.4 | 12.5 | 131.0% | |
| Return on equity | % | 24.5 | 16.7 | 146.9% | |
| Return on capital | % | 28.8 | 22.7 | 126.9% | |
| Exports to sales | % | 20.7 | 12.1 | 170.7% | |
| Imports to sales | % | 0.8 | 2.4 | 31.3% | |
| Exports (fob) | Rs m | 2,294 | 2,848 | 80.5% | |
| Imports (cif) | Rs m | 84 | 572 | 14.8% | |
| Fx inflow | Rs m | 2,294 | 2,848 | 80.5% | |
| Fx outflow | Rs m | 523 | 572 | 91.5% | |
| Net fx | Rs m | 1,771 | 2,276 | 77.8% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 1,175 | 3,427 | 34.3% | |
| From Investments | Rs m | 1,433 | -2,994 | -47.9% | |
| From Financial Activity | Rs m | -2,802 | -400 | 700.4% | |
| Net Cashflow | Rs m | -195 | 33 | -583.0% | |
Share Holding
| Indian Promoters | % | 56.2 | 34.8 | 161.6% | |
| Foreign collaborators | % | 0.0 | 0.0 | - | |
| Indian inst/Mut Fund | % | 0.0 | 20.9 | 0.1% | |
| FIIs | % | 0.0 | 6.5 | - | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 43.8 | 65.2 | 67.1% | |
| Shareholders | 11,841 | 37,430 | 31.6% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare HI-TECH GEARS With: BOSCH TALBROS AUTO GNA AXLES GABRIEL INDIA FIEM INDUSTRIES
More on HI-TECH GEARS vs L.G.BALAKRISHNAN
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
HI-TECH GEARS vs L.G.BALAKRISHNAN Share Price Performance
| Period | HI-TECH GEARS | L.G.BALAKRISHNAN |
|---|---|---|
| 1-Day | 2.65% | 1.78% |
| 1-Month | 7.48% | -6.56% |
| 1-Year | 64.40% | 7.75% |
| 3-Year CAGR | 53.77% | 33.69% |
| 5-Year CAGR | 36.63% | 35.47% |
* Compound Annual Growth Rate
Here are more details on the HI-TECH GEARS share price and the L.G.BALAKRISHNAN share price.
Moving on to shareholding structures...
The promoters of HI-TECH GEARS hold a 56.2% stake in the company. In case of L.G.BALAKRISHNAN the stake stands at 34.8%.
To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of HI-TECH GEARS and the shareholding pattern of L.G.BALAKRISHNAN.
Finally, a word on dividends...
In the most recent financial year, HI-TECH GEARS paid a dividend of Rs 5.0 per share. This amounted to a Dividend Payout ratio of 8.2%.
L.G.BALAKRISHNAN paid Rs 18.0, and its dividend payout ratio stood at 20.8%.
You may visit here to review the dividend history of HI-TECH GEARS, and the dividend history of L.G.BALAKRISHNAN.
For a sector overview, read our auto ancillaries sector report.
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