Hi-tech Gears Limited · NSE:HITECHGEAR
Hi-tech Gears — The Hi-Tech Gears — Q2/H1 FY26 Earnings Presentation
28 slides from Hi-tech Gears's earnings presentation, Nov 10, 2025
Slide 1: Intimation to stock exchanges under Regulation 30
CIN - L29130HR1986PLC081555 Corporate Office: Millennium Plaza, Tower-B, Sushant Lok-1, Sector-27, Gurugram -122009, Haryana, INDIA Tel.: +91(124) 4715100 E-mail: secretarial@thehitechgears.com November 10, 2025 The Manager, The Manager, Listing Department, Listing Department, National Stock Exchang
Slide 2: The Hi-Tech Gears Ltd. Earnings Presentation Q2/H1-FY26
THE HI-TECHPRESENTATION EARNING GEARS LTD. Q 2/H 1-F Y 26 1
Slide 3: Snapshot
S N A P S H OT 5 10+ 39 Years Manufacturing 2,500+ Exports to Of Experience Plants Employees Countries Strategic 6% Marquee Partners 4 Year 9% Global Customers to Major Auto Revenue CAGR 4 Year PAT CAGR OEMs 2
Slide 4: 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 components to diverse marquee customers across the globe. 12,0
Slide 5: 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 India, Canada and USA components driven by core En
Slide 6: Global Footprint and Marquee Customers
G LO 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 B
Slide 7: 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 8: 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 9: Product Portfolio
PRODUCT PORTFOLIO Commercial & Off- Sintered Two-Wheeler Car Transmission Engine PowerTake Off Precision Forging Highway Vehicles Transmission & Driveline Gears Components & Machining Components Transmission 8
Slide 10: 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 Ho
Slide 11: Thrust on EV and New Technologies
THR UST ON E V AN D N EW TECHN OLOG IES 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 Ad
Slide 12: Financial Overview
Z) FINANCIAL OVERVIEW
Slide 13: Q2/H1-FY26 Financial Highlights
Q2/H1-FY26 FINANCIAL HIGHLIGHTS Q2-FY26 Consolidated Highlights Q2-FY26 Standalone Highlights INR 2,407 Mn INR 278 Mn INR 96 Mn INR 60 Mn INR 1,741 Mn INR 197 Mn INR 115 Mn INR 80 Mn Operational Operational Operational Operational PBT PAT PBT PAT Income EBITDA Income EBITDA (2.3)% YoY (21.0)% YoY (3
Slide 14: Q2/H1-FY26 Operational Highlights (1/2)
Q 2 / H 1 - F Y 2 6 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 • The company continues to maintain cost discipline, prudent financial management, and balanced exposure across ICE and EV programs in both domestic and internati
Slide 15: Q2/H1-FY26 Operational Highlights (2/2)
Q 2 / H 1 - F Y 2 6 O P E R AT I O N A L H I G H L I G H T S ( 2 / 2 ) North America: Positioned for Growth Amidst Market Volatility • North American business revenues decreased on account of • Uncertain geo-political operating environment in North America driving customers in wait and watch mode •
Slide 16: New Business Wins: India and North America
NEW BUSINESS WINS: INDIA AND NORTH AMERICA New business won ~ ₹ 803 Mn annualized New business won ~ ₹ 860 Mn annualized Existing Customers New Customers Current Customer New Customer FY 23-25 ₹ 309 Mn ₹ 494 Mn H1 FY 25-26 ₹ 860 Mn NIL Entry into Indian Passenger Car customers Increasing wallet shar
Slide 17: 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) Q2-FY26 Q2-FY25 Y-O-Y Q1-FY25 Q-O-Q Operational Revenue 2,407 2,464 (2.3)% 2,155 11.7% Total Expenses 2,129 2,112 0.8% 1,893 12.5% EBITDA 278 352 (21.0)% 262 6.1% EBITDA Margin (%) 11.55% 14.29% (274
Slide 18: 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) Q2-FY26 Q2-FY25 Y-O-Y Q1-FY26 Q-O-Q Operational Revenue 1,741 1,731 0.6% 1,591 9.4% Total Expenses 1,544 1,476 4.6% 1,394 10.8% EBITDA 197 255 (22.7)% 197 0.0% EBITDA Margin (%) 11.32% 14.73% (341) Bps 1
Slide 19: Half Yearly Consolidated Financial Performance
H A L F Y E A 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) H1 FY26 H1 FY25 Y-O-Y Operational Revenue 4,563 5,070 (10.0)% Total Expenses 4,023 4,308 (6.6)% EBITDA 540 762 (29.1)% EBITDA Margin (%) 11.83% 15.03% (320) bps Depreciation and amortisation 334 31
Slide 20: Half Yearly Standalone Financial Performance
H A L F Y E A 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) H1 FY26 H1 FY25 Y-O-Y Operational Revenue 3,332 3,524 (5.4)% Total Expenses 2,937 2,992 (1.8)% EBITDA 395 532 (25.8)% EBITDA Margin (%) 11.85% 15.10% (325) Bps Depreciation and amortisation 176 162 8.6
Slide 21: Historical Consolidated Income Statement
H I S T O 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) FY23 FY24 FY25 H1 FY26 Revenue from Operations 11,692 11,069 9,270 4,563 Expenses 10,278 9,570 7,911 4,023 EBITDA 1,414 1,499 1,359 539 EBITDA Margins (%) 12.09% 13.55% 14.66% 11.83% Depreciation and amortisa
Slide 22: Historical Consolidated Balance Sheet
H I S T O 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) FY24 FY25 H1-FY26 PARTICULARS (INR Mn) FY24 FY25 H1-FY26 NON-CURRENT ASSETS 4,925 4,593 4,544 EQUITY 4,662 4,836 4,988 a) Property, plant and equipment 3,417 3,112 3,016 Equity Share Capital 188 188 188 b) Capita
Slide 23: Historical Standalone Income Statement
H I S T O 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) FY23 FY24 FY25 H1 FY26 Revenue from Operations 7,818 7,800 6,576 3,332 Expenses 6,725 6,748 5,614 2,937 EBITDA 1,093 1,052 962 395 EBITDA Margins (%) 13.98% 13.49% 14.64% 11.85% Depreciation and amortisation 316
Slide 24: Historical Standalone Balance Sheet
H I S T O 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) FY24 FY25 H1-FY26 PARTICULARS (INR Mn) FY24 FY25 H1-FY26 NON-CURRENT ASSETS 4,016 4,075 4,017 EQUITY 4,431 4,706 4,789 a) Property, plant and equipment 1,791 1,762 1,702 Equity Share Capital 188 188 188 b) Capital wo
Slide 25: Historical Consolidated Financial Highlights
H I S T O 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 (%) 1,600 1,499 16.00% 1200 1,143 12.00% 1,414 1,359 11,692 11.83% 11,069 1,400 14.00% 14.66% 1000 10.00% 13.55% 9,270 1,200 1
Slide 26: 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 10% 0% -10% -20% -30% -40% -50% Oct-2024 Nov-2024 Dec-2024 Jan-2025 Feb-2025 Mar-2025 Apr-2025 May-2025 Jun-2025 Jul-2025 Aug-2025 Sep-2025 Hi-tech gears SENSEX MARKET DATA (INR) AS ON 30th SEPTEMBER, 2025 SHAREHOLDING PATTERN AS
Slide 27: 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 28: Thank You
THANK YOU