Integrated Filing — IndAS



General information about company

Scrip Code 522073
NSE Symbol HITECHGEAR
MSEI Symbol NOTLISTED
ISIN INE127B01011
Name of company THE HI-TECH GEARS LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 12-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 03-02-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment The standalone operations of the Company falls under manufacturing of gears and transmissions, which is considered to be the only reportable segment by the management
Start date and time of board meeting 12-02-2026   16:00:00
End date and time of board meeting 12-02-2026   17:48:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 16,033.70 49,355.10
Other income 290.50 930.50
Total income 16,324.20 50,285.60
2 Expenses
(a) Cost of materials consumed 8,848.80 25,782.40
(b) Purchases of stock-in-trade 124.00 457.90
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (758.90) (661.70)
(d) Employee benefit expense 2,890.30 7,996.00
(e) Finance costs 193.50 579.00
(f) Depreciation, depletion and amortisation expense 906.00 2,661.70
(f) Other Expenses
1 Other Expenses 3,317.10 10,227.40
Total other expenses 3,317.10 10,227.40
Total expenses 15,520.80 47,042.70
3 Total profit before exceptional items and tax 803.40 3,242.90
4 Exceptional items 0.00 0.00
5 Total profit before tax 803.40 3,242.90
6 Tax expense
7 Current tax 257.00 1,036.00
8 Deferred tax (33.20) (110.00)
9 Total tax expenses 223.80 926.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 579.60 2,316.90
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 579.60 2,316.90
17 Other comprehensive income net of taxes 2.30 4.40
18 Total Comprehensive Income for the period 581.90 2,321.30
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 1,879.30 1,879.30
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 3.08 12.33
Diluted earnings (loss) per share from continuing operations 3.08 12.31
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 3.08 12.33
Diluted earnings (loss) per share from continuing and discontinued operations 3.08 12.31
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The above Un-audited (Standalone and Consolidated) Financial Results have been reviewed by the Audit Committee at their meeting held on February 12, 2026 and thereafter, approved by the Board of Directors in their meeting held on February 12, 2026. 2. The Limited Review has been carried out by the Statutory Auditors of the Company. 3. The standalone operations of the Company fall under manufacturing of gears and transmissions, which is considered to be the only reportable segment by the management. For consolidated operations, the Group has three operating segments (India, Canada and Others), which have been determined on geographical basis. 4. The Government of India has consolidated 29 labour laws into four New Labour Codes, effective 21 November 2025, with the supporting rules yet to be notified. The Company is in the process of evaluating the full impact of these New Labour Codes. Based on actuarial valuation, currently available guidance and management estimation, the increase in employee benefit obligations resulting from the change in law, amounting to Rs.15.6 Million is accounted for as past service cost and recognised as expense in the Standalone and Consolidated Statement of Profit and Loss during the quarter ended December 31, 2025 in accordance with Ind AS 19.The Company continues to monitor the notification of Central and State Rules and will evaluate any further accounting implications arising from future developments. 5. Other Comprehensive Income in the Consolidated Financial Statements includes foreign exchange translation gain of Rs. 52.31 million for the quarter ended 31 December 2025 and Rs. 174.77 million for the nine-month period ended 31 December 2025, arising on conversion of the financial statements of the Canadian subsidiary from its functional currency into Indian Rupees, being the presentation currency of the Group. The movement is primarily attributable to the strengthening of the Canadian Dollar during the current quarter and the nine-month period, as compared to the previous quarter and the corresponding period of the previous financial year. 6. Deferred tax figures include earlier years tax adjustments.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Equity Instrument through other Comprehensive Income 2.30 4.40
Total Amount of items that will not be reclassified to profit and loss 2.30 4.40
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 2.30 4.40