Hi-tech Gears Limited · NSE:HITECHGEAR
Hi-tech Gears — The Hi-Tech Gears — Q3 FY25 Earnings Presentation
27 slides from Hi-tech Gears's earnings presentation, 2025
Slide 1: The Hi-Tech Gears Ltd. Earnings Presentation Q3/9M-FY25
THE HI-TECHPRESENTATION EARNING GEARS LTD. Q 3 / 9M- FY25 1
Slide 2: Snapshot
S N A P S H OT 5 10+ 37 Years Manufacturing 2,500+ Exports to Of Experience Plants Employees Countries Strategic 14% Marquee Partners 3 Year 58% Global Customers to Major Auto Revenue CAGR 3 Year PAT CAGR OEMs 2
Slide 3: Company Overview
C O M PA N Y O V E R V I E W CONSOLIDATED REVENUE (INR MN) & EBITDA • The Hi-Tech Gears Ltd. (THGL) was incorporated in 1986 and has grown to be an auto MARGINS (%) component manufacturer of high repute, supplying engine and transmission 11,692 11,069 components to diverse marquee customers across t
Slide 4: Key Strengths
KEY STRENGTHS Leading manufacturers of critical One of the very few component Strategically located state-of-the- high-precision gears, manufacturers catering to diverse art manufacturing facilities in shafts and transmission segments of automobiles and India, Canada and USA components driven by cor
Slide 5: Global Footprint and Marquee Customers
G L O B A L F O OT P R I N T A N D M A R Q U E E C U S TO M E R S Daimler A.G. JCB Power Cummins Robert Bosch Magna Powertrain Perkins UK GERMANY Daimler Fuso JAPAN Cummins CANADA Robert Bosch CHINA SOUTH KOREA Cummins USA Foton Cummins Daimler American Axle GKN Magna MEXICO Powertrain Robert Bosch
Slide 6: Diversified Business Presence
DIVERSIFIED BUSINESS PRESENCE TWO-WHEELER MEDIUM & HEAVY COMMERCIAL VEHICLES PASSENGER CARS AGRI, ENGINES AND OFF-HIGHWAY 6 Association with Top players in each segment
Slide 7: Plants Across India and North America
PLANTS ACROSS INDIA AND NORTH AMERICA Manufacturing facilities in India Manufacturing facilities overseas Plant-I, Bhiwadi Plant-II, Manesar Plant-III, Bhiwadi Plant-I, Guelph, Canada Plant-II, Emporium USA Est. 1986 Est. 2005 Est. 2011 Acquired 2017 Acquired 2017 DUAL SHORE PRESENCE 7
Slide 8: Product Portfolio
PRODUCT PORTFOLIO Commercial & Off- Sintered Two-Wheeler Car Transmission & Engine Power Take Off Precision Forging & Highway Vehicles Transmission Driveline Gears Components Machining Components Transmission 8
Slide 9: Process Infrastructure
PROCESS INFRASTRUCTURE Forging Finishing • Hot Forging • Gear Grinder • Warm Forging • Honing, • Cold Forging • Gear Honing, • Cold Extrusion • Hard Turning, • Coining • Grinding, etc. Machining Tool Room & Die Manufacturing • CNC Turning • Vertical Machining Center EDM . • Gear Cutting (Wet & Dry H
Slide 10: Thrust on EV and New Technologies
THRUST ON EV AND NEW TECHNOLOGIES Electric Vehicle Components EV-Differential Assembly – EV deliver higher torque and power curve with fewer gear with higher rotational speed. THGL Initiatives: TW : Gear Component Final Assembly & Counter Assembly and Gear Drive PC : Helical Gear Components Advance
Slide 11: Financial Overview
FINANCIAL OVERVIEW
Slide 12: Q3/9M-FY25 Financial Highlights
Q3/9M-FY25 FINANCIAL HIGHLIGHTS Q3-FY25 Consolidated Highlights Q3-FY25 Standalone Highlights INR 2,051 Mn INR 266 Mn INR 69 Mn INR 1,456 Mn INR 183 Mn INR 75 Mn Operational Operational Operational Operational Net Profit Net Profit Income EBITDA Income EBITDA (24.8)% YoY (34.6)% YoY (53.7)% YoY (24.
Slide 13: Q3/9M-FY25 Operational Highlights (1/2)
Q 3 / 9 M - F Y 2 5 O P E R AT I O N A L H I G H L I G H T S ( 1 / 2 ) India Business: Consolidation and Improving Operating Efficiencies • Standalone India operations are currently in a consolidation phase, with strong focus on improving operational efficiency. • The company underwent a comprehensi
Slide 14: Q3/9M-FY25 Operational Highlights (2/2)
Q 3 / 9 M - F Y 2 5 O P E R AT I O N A L H I G H L I G H T S ( 2 / 2 ) North America (Canada and USA): Positioned for Growth Amidst Market Volatility • Market Dynamics & Opportunity: • The North American market has been experiencing volatility, driven by economic uncertainty, shifting consumer prefe
Slide 15: New Business Wins: India and North America
NEW BUSINESS WINS: INDIA AND NORTH AMERICA New business won ~ ₹ 1,754 Mn annualized New business won ~ ₹ 695 Mn annualized Current Customer New Customer Current Customer New Customer FY 22-23 ₹ 1,081 Mn ₹ 673 Mn FY 23-24 ₹ 301 Mn ₹ 494 Mn EV Business ICE Business Entry into Indian Passenger Car cust
Slide 16: Quarterly Consolidated Financial Performance
Q U A R T E R LY C O N S O L I D AT E D F I N A N C I A L P E R F O R M A N C E PARTICULARS (INR MN) Q3-FY25 Q3-FY24 Y-O-Y Q2-FY25 Q-O-Q Operational Revenue 2,051 2,729 (24.8)% 2,464 (16.8)% Total Expenses 1,785 2,322 (23.1)% 2,112 (15.5)% EBITDA 266 407 (34.6)% 352 (24.4)% EBITDA Margin (%) 12.97%
Slide 17: Quarterly Standalone Financial Performance
Q U A R T E R LY S TA N D A L O N E F I N A N C I A L P E R F O R M A N C E PARTICULARS (INR MN) Q3-FY25 Q3-FY24 Y-O-Y Q2-FY25 Q-O-Q Operational Revenue 1,456 1,936 (24.8)% 1,731 (15.9)% Total Expenses 1,273 1,648 (22.8)% 1,476 (13.8)% EBITDA 183 288 (36.5)% 255 (28.2)% EBITDA Margin (%) 12.57% 14.8
Slide 18: YTD Consolidated Financial Performance
Y T D C O N S O L I D AT E D F I N A N C I A L P E R F O R M A N C E PARTICULARS (INR MN) 9M FY25 9M FY24 Y-O-Y Operational Revenue 7,121 8,200 (13.2)% Total Expenses 6,095 7,109 (14.3)% EBITDA 1,026 1,091 (6.0)% EBITDA Margin (%) 14.41% 13.30% 111 Bps Depreciation and amortisation 475 449 5.8% Fina
Slide 19: YTD Standalone Financial Performance
Y T D S TA N D A L O N E F I N A N C I A L P E R F O R M A N C E PARTICULARS (INR MN) 9M FY25 9M FY24 Y-O-Y Operational Revenue 4,980 5,770 (13.7)% Total Expenses 4,264 4,990 (14.5)% EBITDA 716 780 (8.2)% EBITDA Margin (%) 14.38% 13.52% 86 Bps Depreciation and amortisation 244 239 2.1% Finance costs
Slide 20: Historical Consolidated Income Statement
H I S TO R I C A L C O N S O L I D AT E D I N C O M E S TAT E M E N T Particulars (INR Mn) FY22 FY23 FY24 9M FY25 Revenue from Operations 9,706 11,692 11,069 7,121 Expenses 8,889 10,278 9,570 6,095 EBITDA 817 1,414 1,499 1,026 EBITDA Margins (%) 8.42% 12.09% 13.55% 14.41% Depreciation and amortisati
Slide 21: Historical Standalone Income Statement
H I S TO R I C A L S TA N D A L O N E I N C O M E S TAT E M E N T PARTICULARS (INR MN) FY22 FY23 FY24 9M FY25 Revenue from Operations 6,446 7,818 7,800 4,980 Expenses 5,497 6,725 6,748 4,264 EBITDA 949 1,093 1,052 716 EBITDA Margins (%) 14.72% 13.98% 13.49% 14.38% Depreciation and amortisation 304 3
Slide 22: Historical Consolidated Balance Sheet
H I S TO R I C A L C O N S O L I D AT E D B A L A N C E S H E E T PARTICULARS (INR MN) FY22 FY23 FY24 H1 FY25 PARTICULARS (INR MN) FY22 FY23 FY24 H1 FY25 NON-CURRENT ASSETS 5,924 5,390 4,925 4,959 EQUITY 3,308 3,545 4,662 4,893 a) Property, plant and equipment 3,871 3,853 3,417 3,310 Equity Share Ca
Slide 23: Historical Standalone Balance Sheet
H I S TO R I C A L S TA N D A L O N E B A L A N C E S H E E T PARTICULARS (INR MN) FY22 FY23 FY24 H1 FY25 PARTICULARS (INR MN) FY22 FY23 FY24 H1 FY25 NON-CURRENT ASSETS 4,266 4,089 4,016 4,167 EQUITY 3,493 3,976 4,431 4,668 a) Property, plant and equipment 1,935 1,840 1,791 1,791 Equity Share Capita
Slide 24: Historical Consolidated Financial Highlights
H I S TO R I C A L C O N S O L I D AT E D F I N A N C I A L H I G H L I G H T S OPERATIONAL REVENUE (INR MN) EBITDA (INR MN) & EBITDA MARGINS PAT (INR MN) & PAT MARGINS (%) (%) 140 0 12. 00% 11,692 1,499 1,143 11,069 1,414 160 0 16. 00% 14.41% 120 0 10. 00% 9,706 140 0 14. 00% 100 0 10.32% 13.55% 8.
Slide 25: Capital Market Information
C A P I TA L M A R K E T I N F O R M AT I O N SHARE PRICE PERFORMANCE 200% 150% 100% 50% 0% -50% Jan-2024 Feb-2024 Mar-2024 Apr-2024 May-2024 Jun-2024 Jul-2024 Aug-2024 Sep-2024 Oct-2024 Nov-2024 Dec-2024 Hi-tech gears SENSEX MARKET DATA (INR) AS ON 31st DECEMBER, 2024 SHAREHOLDING PATTERN AS ON 31s
Slide 26: Disclaimer
DISCLAIMER The Hi Tech Gears Limited Disclaimer: No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are
Slide 27: Thank You
THANK YOU