The Hi-Tech Gears Limited — PPTs, 15-02-2025: Investor Presentation

**Financial Highlights**: For Q3 FY25, Hi-Tech Gears reported consolidated operational income of ₹2,051 Mn, down 24.8% YoY, and EBITDA of ₹266 Mn, reflecting a 34.6% YoY decline. The net profit for the quarter stood at ₹69 Mn, a decrease of 53.7% YoY, resulting in a PAT margin of 3.30%. For 9M FY25, the company achieved operational revenue of ₹7,121 Mn, down 13.2% YoY, and an EBITDA of ₹1,026 Mn, marking a 6.0% YoY decline.

**Strategic Initiatives and Growth Drivers**: The company is focused on consolidating its India operations while enhancing operational efficiencies and ramping up production for new programs in collaboration with Mahindra & Mahindra and Jawa bikes. It emphasizes improving asset utilization and has launched several new projects across its business segments, particularly focusing on electric vehicles (EVs).

**Business Developments**: Hi-Tech Gears continues to secure new business, winning over ₹1,754 Mn in annualized revenue from new customers in FY24, including contracts in the EV sector. Partnerships with key players such as Hero Moto Corp bolster its market presence.

**Market Position and Competitive Advantage**: The company has established strong relationships with global automotive OEMs, supported by a diversified portfolio and advanced manufacturing capabilities. Its strategic transformation has improved competitiveness, enabling it to navigate market challenges effectively.

**Investor Implications**: With a focus on operational improvement and expansion into the EV market, Hi-Tech Gears presents a potential growth story, although current performance metrics show challenges that may affect short-term profitability. Investors should watch closely for recovery in operational income and the successful execution of new contracts within a volatile market environment.