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Hy-Tech Engineers Ltd (HTEL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544891 NSE: HTEL Engineering - Industrial Equipments | | Hy-Tech Engineers Share Price

₹73.56 -1.44 (-1.92%)

As on 04-Sep'26 16:59

Hy-Tech Engineers Ltd (HTEL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544891 NSE: HTEL Engineering - Industrial Equipments | | Hy-Tech Engineers Share Price

₹73.56 -1.44 (-1.92%)

As on 04-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹698 Cr.
Current Price
₹73.6
52-Week Low / High
₹69 / 79
TTM EPS
₹2.4
TTM Sales
₹189 Cr.
Book Value per Share
₹19.2
P/E Ratio
30.87
In line with its 5-year historical median
Industry PE
57.7
Price to Book (P/B)
3.83
In line with its 5-year historical median
Price to Sales (P/S)
3.68
In line with its 5-year historical median
EV/EBITDA
15.41
In line with its 5-year historical median
Dividend Yield
0.54%
Profitability Efficiency
Return on Equity (ROE)
20.24%
Return on Capital Employed (ROCE)
23.96%
Return on Assets (ROA)
13.18%
Operating Profit Margin
22.3%
Net Profit Margin
11.93%
Gross Profit Margin
21.8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
17.36%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
16.64%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
15.24%
Asset Quality
Promoter Holding
71.23%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹135 Cr.
Equity
₹47.4 Cr.
Face Value
₹5
All Time Low / High
₹68.56 / 79.36

Hy-Tech Engineers stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Overvalued

Price Trend

Weak
Q.1 Is Hy-Tech Engineers Ltd a good quality company?
Hy-Tech Engineers Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Hy-Tech Engineers Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Hy-Tech Engineers Ltd vs industry peers?
Hy-Tech Engineers Ltd revenue CAGR is 12.43%, compared to the industry median CAGR of 11.97%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of Hy-Tech Engineers Ltd?
Promoters hold 71.23% of the Hy-Tech Engineers Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Hy-Tech Engineers Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Hy-Tech Engineers Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 31.6%17.7%23.4%24%-
Value Creation
Index
1.30.30.70.7-

Growth Parameters

Sales 133138161189189
Sales YoY Gr.-3.3%17.2%17.4%-
Adj EPS 21.32.12.52.4
YoY Gr.--33.9%58.9%20.5%-
BVPS (₹) 8.69.912.114.619.2
Adj Net
Profit
16.310.817.120.623
Cash Flow from Ops. 31.318.61730.3-
Debt/CF from Ops. 0.72.22.61-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANA12.4%17.4%
Adj EPS NANA8.2%20.5%
BVPSNANA19.6%20.5%
Share Price - - - -

Key Financial Parameters

Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
22.81418.618.514.1
Op. Profit
Mgn %
23.816.722.522.3NAN
Net Profit
Mgn %
12.27.810.610.911.9
Debt to
Equity
0.30.50.40.2-
Working Cap
Days
02021991830
Cash Conv.
Cycle
01091061080

Valuation of Hy-Tech Engineers - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'23Mar'24Mar'25Mar'26
Sales133138161189
Operating Expenses + 102115125147
Manufacturing Costs31354047
Material Costs46505666
Employee Cost 16192023
Other Costs 811911
Operating Profit 32233642
Operating Profit Margin (%) 23.8%16.7%22.4%22.3%
Other Income + 4354
Exceptional Items 0000
Interest 5355
Depreciation 671011
Profit Before Tax 24162631
Tax 6478
Profit After Tax 18122023
PAT Margin (%) 13.4%8.4%12.2%11.9%
Adjusted EPS (₹)2.11.42.42.7
Dividend Payout Ratio (%)3.10%4.90%10.60%14.80%
PARTICULARSMar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 7182101122
Share Capital 004242
Reserves 71826080
Debt +16384026
Long Term Debt12212317
Short Term Debt417179
Minority Interest0000
Trade Payables21131715
Others Liabilities 14121110
Total Liabilities 123145169174

Fixed Assets

Net Fixed Assets +35566460
Gross Block50769397
Accumulated Depreciation15202938
CWIP 6636
Investments 1122
Inventories23212728
Trade Receivables43374650
Cash Equivalents 65115
Others Assets 10192613
Total Assets 123145169174
PARTICULARSMar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 31191730
PBT 24162631
Adjustment 11111215
Changes in Working Capital 4-3-16-7
Tax Paid -8-5-6-8
Cash Flow From Investing Activity + -7-36-13-7
Capex -14-28-12-11
Net Investments 5-8-24
Others 3100
Cash Flow From Financing Activity + -2517-3-21
Net Proceeds from Shares 0000
Net Proceeds from Borrowing -772-7
Interest Paid -4-2-6-5
Dividend Paid -0-1-1-2
Others -13130-8
Net Cash Flow -0-002
PARTICULARSMar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)24.9415.0221.3820.24
ROCE (%)31.617.7123.4323.96
Asset Turnover Ratio1.091.031.031.1
PAT to CFO Conversion(x)1.721.580.851.3
Working Capital Days
Receivable Days116.60105.3093.4092.10
Inventory Days63.7058.705453.10
Payable Days169.10127.7097.9087.10

Top 5 Mutual Funds Holding

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Announcements

Hy-Tech Engineers Ltd FAQs

The current trading price of Hy-Tech Engineers on 04-Sep-2026 16:59 is ₹73.56.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Sep-2026 the market cap of Hy-Tech Engineers stood at ₹697.7 Cr

The latest P/E ratio of Hy-Tech Engineers as of 03-Sep-2026 is 30.87.

The latest P/B ratio of Hy-Tech Engineers as of 03-Sep-2026 is 3.83.

The 52-week high of Hy-Tech Engineers is ₹79.36 and the 52-week low is ₹68.56.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Hy-Tech Engineers is ₹189 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Hy-Tech Engineers Ltd is a average quality company.

The key valuation ratios of Hy-Tech Engineers Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Hy-Tech Engineers Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Hy-Tech Engineers Ltd

Hy-Tech Engineers was incorporated as ‘Hy-Tech Engineers Private Limited’ as a private limited company under the provisions of the Companies Act, 1956 pursuant to certificate of incorporation dated December 18, 1978, issued by Registrar of Companies, Maharashtra at Mumbai.

Hy-Tech Engineers is an engineering company engaged in the design, manufacture and supply of hydraulic fittings catering to diverse industrial applications, with decades of operational experience in the hydraulics industry. Its product portfolio comprises standard hydraulic fittings viz. DIN-metric fittings, JIC flared and flareless fittings, O-Ring Face Seal (ORFS) fittings and conversion fittings, as well as fittings customized to customer specifications. Its portfolio consists of a wide range of stock keeping units (SKUs) of hydraulic fittings, serving diverse application needs across industries such as construction machinery, automotive, farming machinery, injection moulding machines and hydraulic systems. In addition, it has obtained certifications which enable it to cater to sectors such as railways and defence, thereby expanding its addressable market.

The company operates on a business-to-business (B2B) model across both domestic and international markets. Its sales approach combines direct engagement with original equipment manufacturers (OEMs) and other industrial customers as also through a network of authorized distributors and distribution partners. Direct customer engagement enables it to build long-term relationships and offer tailored solutions aligned with specific industry requirements. To complement its direct sales efforts, it leverages a network of distributors and distribution partners in India and overseas, which allows it to expand its reach to a broader customer base. The distributors typically maintain inventory in their territories, promote its products, provide after-sales support, and act as the primary interface for customers. This dual-channel distribution strategy enhances its market penetration and provides it with the opportunity to increase market share for its offerings across a wide range of industrial sectors. The company has also engaged with a non-exclusive distribution partner in Europe who is not directly involved in customer acquisition but primarily provide post-sale services, local coordination and logistics support.

Business area of the company

Hy-Tech Engineers is engaged in the manufacturing and selling of Hydraulic fittings for auto and industrial sector. Its portfolio consists of a wide range of SKUs of hydraulic fittings, serving diverse application needs across industries such as construction machinery, automotive, farming machinery, injection moulding machines and hydraulic systems.

Products of the company

  • DIN (Metric) fittings
  • JIC flared and flareless fittings
  • O-ring face seal fittings
  • Conversion fittings

Awards, accreditations and recognitions

  • 2012: Imai Operation Excellence Award awarded to Hy-tech Group including the company and its Group Company, NR Hytech Engineers Private Limited for ‘excellence in design, implementation & long-term use of an employee partnership model’ towards successful employee engagement.
  • 2023: Kaizen award - Silver from Confederation of Indian Industry - CII.
  • 2023: Certificate of Recognition as a ‘Two Star Export House’ awarded by the Directorate General of Foreign Trade, Ministry of Commerce and Industry, Government of India.

History and milestones

  • 1978: Incorporation of the company.
  • 1987: Setting up of its unit at Pune, Maharashtra.
  • 1991: Setting up of its unit at Thane, Maharashtra, for shifting of operations from Pune for operational convenience.
  • 2005: Setting up of its Thane Unit in Maharashtra.
  • 2008: Setting up of its Pithampur (Unit-I) in Madhya Pradesh.
  • 2010: Setting up of its Shirwal Unit in Maharashtra.
  • 2014: Acquisition of its erstwhile subsidiary, Sagar Forge Private Limited, pursuant to a Scheme of Amalgamation with the company and its respective shareholders and creditors, following which it commenced operations of the Nashik Unit which was previously operated by Sagar Forge Private Limited.
  • 2021: Setting up of its Pithampur (Unit-II) in Madhya Pradesh.
  • 2021: Setting up of its Kavathe Unit in Maharashtra.

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