Hittco Tools

Why is Hittco Tools Ltd falling/rising?

As of 01-Sep, Hittco Tools Ltd's stock price is rising to Rs 15.65, reflecting a 4.96% increase. The stock has shown strong short-term performance, significantly outperforming the Sensex and benefiting from increased investor interest, despite some long-term fundamental concerns.

As of 01-Sep, Hittco Tools Ltd's stock price is rising, currently at Rs 15.65, reflecting a change of Rs 0.74 or 4.96%. The stock has shown strong performance over various periods, with a notable increase of 9.36% over the past week and 28.49% over the past month, significantly outperforming the Sensex, which has declined by 0.92% and 1.47% respectively during the same time frames. <BR><BR>Today, the stock is close to its 52-week high, just 2.24% away, and has outperformed its sector by 2.28%. It has been on a consecutive gain streak for the last three days, accumulating a total return of 15.33% in that period. Additionally, Hittco Tools is trading above its moving averages across multiple time frames, indicating a positive trend. <BR><BR>Investor participation has also increased, with delivery volume rising by 35.77% compared to the five-day average, suggesting heightened interest in the stock. The engineering sector, in which Hittco operates, has gained by 2.38%, contributing to the stock's upward momentum. <BR><BR>Despite some concerns regarding long-term fundamentals, such as a negative EBIT and a high Debt to EBITDA ratio, the stock's recent performance and market-beating returns in both the near and long term have driven its price higher. Overall, the combination of strong short-term gains, positive sector performance, and increased investor interest are key factors contributing to the rise in Hittco Tools Ltd's stock price.

Which are the latest news on Hittco Tools?

Who are in the management team of Hittco Tools?

The management team of Hittco Tools includes Surendra Bhandari (Chairman & Managing Director), Yash Vardhan Bhandari (Whole Time Director & CFO), Sidharth Bhandari, Madhu Bhandari, and several independent directors, along with Sarita Kirnani as Company Secretary & Compliance Officer. They are responsible for guiding the company's strategy and operations.

The management team of Hittco Tools includes the following individuals:<BR><BR>1. Surendra Bhandari - Chairman & Managing Director<BR>2. Yash Vardhan Bhandari - Whole Time Director & CFO<BR>3. Sidharth Bhandari - Director<BR>4. Madhu Bhandari - Director<BR>5. S R Satish - Independent Director<BR>6. Vikram S Gupta - Independent Director<BR>7. B S Prakash - Independent Director<BR>8. Menezes Braganca Nikhil Fernando De - Independent Director<BR>9. Sarita Kirnani - Company Secretary & Compliance Officer<BR><BR>This team plays a crucial role in guiding the company's strategy and operations.

What does Hittco Tools do?

Hittco Tools Ltd manufactures high-performance carbide and HSS tools for machining metals and acrylics, operating as a micro-cap company with a market cap of INR 10 Cr. As of June 2026, it reported net sales of 2 Cr and a net profit of 0 Cr.

Overview:<BR>Hittco Tools Ltd manufactures high-performance carbide and HSS tools for machining a wide variety of metals and acrylics, operating within the industrial manufacturing sector and classified as a micro-cap company.<BR><BR>History:<BR>Hittco Tools Ltd was incorporated in 1995 and is currently reporting its quarterly results for June 2026, with net sales and net profit figures available for this period.<BR><BR>Financial Snapshot:<BR>Net Sales: 2 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 0 Cr (Quarterly Results - Jun 2026) <BR>Market cap: INR 10 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 35 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 1.06 <BR>Return on Equity: -13.60% <BR>Price to Book: 2.83<BR><BR>Contact Details:<BR>Address: HTC Aspire 19 Aliaskar Road, 2nd Floor Bangalore Karnataka : 560052 <BR>Tel: 91-80-41491251 (Extn 131/138) <BR>Email: info@hittco.com <BR>Website: http://www.hittco.com

Who are the peers of the Hittco Tools?

Hittco Tools' peers include Arrowhead Sepera, Shivagrico Impl., Rajasthan Cylind, and others. Hittco Tools has the highest 1-year return at 4.71%, while Rajasthan Cylind has the lowest at -16.88%.

Peers: The peers of Hittco Tools are Arrowhead Sepera, Shivagrico Impl., Rajasthan Cylind, Incon Engineers, Pan Electronics, Premier, Quality RO Indu., Lexoraa Ind, Marshall Machin, and Perfect Infraeng.<BR><BR>Quality Snapshot: Excellent management risk is observed at Arrowhead Sepera, while Below Average management risk is found at Shivagrico Impl., Rajasthan Cylind, Hittco Tools, Quality RO Indu., Marshall Machin, and Perfect Infraeng, and the rest. Growth is Average at Quality RO Indu., while Below Average growth is seen at Arrowhead Sepera, Shivagrico Impl., Rajasthan Cylind, Hittco Tools, Marshall Machin, and Perfect Infraeng, and the rest. Capital Structure is Below Average at Arrowhead Sepera, Shivagrico Impl., Rajasthan Cylind, Hittco Tools, Quality RO Indu., Marshall Machin, and Perfect Infraeng, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Hittco Tools at 4.71%, while the peer with the lowest 1-year return is Rajasthan Cylind at -16.88%, indicating that Hittco Tools outperforms its peers in this regard. Additionally, Pan Electronics has a negative six-month return of -56.37%.

How big is Hittco Tools?

As of 31st August, Hittco Tools Ltd has a market capitalization of 10.00 Cr and reported net sales of 8.44 Cr with a loss of 0.45 Cr over the latest four quarters. Shareholder's Funds were 3.41 Cr and Total Assets were 10.15 Cr as of March 2025.

As of 31st August, Hittco Tools Ltd has a market capitalization of 10.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Hittco Tools reported net sales of 8.44 Cr. However, the company experienced a loss of 0.45 Cr during the same period.<BR><BR>The latest annual period for the balance sheet is March 2025, where Shareholder's Funds amounted to 3.41 Cr and Total Assets were reported at 10.15 Cr.

Should I buy, sell or hold Hittco Tools Ltd?

When is the next results date for Hittco Tools Ltd?

The next results date for Hittco Tools Ltd is 10 August 2026.

The next results date for Hittco Tools Ltd is scheduled for 10 August 2026.

Are Hittco Tools Ltd latest results good or bad?

Hittco Tools Ltd's latest results show a 29.32% quarter-on-quarter revenue growth and a return to profitability, but year-on-year revenue declined by 5.73%, and concerns about high leverage and operational inefficiencies persist. Overall, the results are mixed, suggesting caution for investors.

Hittco Tools Ltd's latest results present a mixed picture. On one hand, the company reported a significant quarter-on-quarter revenue growth of 29.32%, reaching ₹2.47 crores, and achieved a net profit of ₹0.12 crores, marking a recovery from the losses experienced in the previous three quarters. The operating margin also improved dramatically to 21.86%, a notable turnaround from negative margins in prior quarters.<BR><BR>However, there are significant concerns. Year-on-year, revenue declined by 5.73%, and the company has a low proprietary investment score of 12 out of 100, which indicates substantial worries regarding its sustainability and financial health. Additionally, the company has been grappling with high leverage and operational inefficiencies, as evidenced by negative returns on capital and a high debt burden.<BR><BR>In summary, while the latest quarter shows some positive developments, the overall financial health and operational challenges suggest that the results are not entirely good. Investors should approach with caution, considering the underlying issues that could affect future performance.

How has been the historical performance of Hittco Tools?

Hittco Tools has shown fluctuating financial performance, with net sales peaking at 7.13 Cr in Mar'19, declining to 5.49 Cr in Mar'21, and recovering to 6.95 Cr in Mar'25. Key metrics like operating profit and profit after tax have also varied significantly, indicating volatility in the company's financial health.

Answer:<BR>The historical performance of Hittco Tools shows a fluctuating trend in its financial metrics over the years.<BR><BR>Breakdown:<BR>Hittco Tools' net sales peaked at 7.13 Cr in Mar'19, followed by a decline to 5.49 Cr in Mar'21, and then a slight recovery to 6.95 Cr in Mar'25. Total operating income mirrored this trend, with a high of 7.01 Cr in Mar'23 and a low of 5.49 Cr in Mar'21. The total expenditure, excluding depreciation, increased from 6.06 Cr in Mar'19 to 6.52 Cr in Mar'25, impacting the operating profit, which fell from 1.08 Cr in Mar'19 to 0.43 Cr in Mar'25. Profit before tax showed a decline from 0.02 Cr in Mar'19 to 0.08 Cr in Mar'25, while profit after tax fluctuated, reaching a high of 0.74 Cr in Mar'22 but dropping to -0.01 Cr in Mar'25. The company's total liabilities rose from 6.79 Cr in Mar'21 to 10.15 Cr in Mar'25, with total assets also increasing from 6.79 Cr to 10.15 Cr in the same period. The book value per share adjusted slightly from 3.28 in Mar'20 to 5.39 in Mar'25. Overall, Hittco Tools has experienced volatility in its financial performance, with notable fluctuations in sales, profits, and asset values over the years.

Who are the top shareholders of the Hittco Tools?

The top shareholders of Hittco Tools are Surendra Bhandari with 16.25%, and Moizbhai Hakimuddin Boriawala with 4.21%. Individual investors hold a significant 59.25% of the shares, with no institutional or pledged promoter holdings reported.

The top shareholders of Hittco Tools include Surendra Bhandari, who is the promoter with the highest holding at 16.25%. The highest public shareholder is Moizbhai Hakimuddin Boriawala, holding 4.21%. Additionally, individual investors collectively hold a significant portion of the company, accounting for 59.25% of the shares. There are no institutional holdings or pledged promoter holdings reported.

Is Hittco Tools overvalued or undervalued?

As of November 18, 2024, Hittco Tools is considered overvalued and risky, with a PE ratio of -7.95, an EV to EBIT of -12.25, and negative returns on capital and equity, significantly underperforming compared to peers like Ircon International and Craftsman Auto.

As of 18 November 2024, Hittco Tools has moved from an attractive to a risky valuation grade. The company is currently overvalued, indicated by a PE ratio of -7.95 and an EV to EBIT of -12.25, which are significant red flags for potential investors. Additionally, the EV to EBITDA stands at 12.25, further highlighting the company's valuation concerns.<BR><BR>In comparison to its peers, Hittco Tools is positioned unfavorably against companies like Ircon International, which has a PE ratio of 28.25 and an EV to EBITDA of 23.27, and Craftsman Auto, with a PE of 63.8 and an EV to EBITDA of 18.78. The negative ROCE of -7.00% and ROE of -9.09% further emphasize the company's struggles in generating returns. While Hittco Tools has shown a 9.75% return over the past year, it still lags behind the Sensex return of 7.62%, reinforcing the notion of its overvaluation amidst a challenging financial landscape.

What is the technical trend for Hittco Tools?

As of June 2, 2025, Hittco Tools shows a mildly bearish trend overall, influenced by daily moving averages and monthly MACD, despite some mixed signals from weekly indicators like MACD and Bollinger Bands.

As of 2 June 2025, the technical trend for Hittco Tools has changed from sideways to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD shows a mildly bearish trend. The daily moving averages are also mildly bearish, suggesting short-term weakness. The Bollinger Bands are bullish on the weekly timeframe but sideways on the monthly, indicating mixed signals. The KST and Dow Theory both reflect a mildly bullish outlook on the weekly but are mildly bearish on the monthly. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the monthly MACD.

Has Hittco Tools declared dividend?

No Dividend History Available