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Balance sheet of Hi-Tech Gears is strong.
But short term working capital might become an issue for this company.
The debt of Hi-Tech Gears is decreasing.
Latest debt of Hi-Tech Gears is ₹90.3 Crs as of Sep-24.
This is less than Mar-24 when it was ₹191 Crs.
The profit is oscillating.
The profit of Hi-Tech Gears is ₹48.47 Crs for TTM, ₹114 Crs for Mar 2024 and ₹23.11 Crs for Mar 2023.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Hi-Tech Gears latest dividend payout ratio is 8.22% and 3yr average dividend payout ratio is 14.26%
Companies resources are majorly tied in miscellaneous assets