Hittco Tools

Why is Hittco Tools Ltd falling/rising?

As of 11-Aug, Hittco Tools Ltd's stock price is at 11.90, down 0.67%. Despite a recent 4.11% weekly gain and increased investor interest, the stock has significant long-term declines, including a 20.67% drop over the past year.

As of 11-Aug, Hittco Tools Ltd's stock price is currently at 11.90, reflecting a decrease of 0.08 or 0.67%. The stock has underperformed its sector today by 0.28%. Over the past week, however, it has shown a positive return of 4.11%, contrasting with a slight decline in the benchmark Sensex, which fell by 0.35%. <BR><BR>Despite this short-term gain, the stock has experienced significant declines over longer periods, with a 1-month drop of 13.52% and a 1-year decline of 20.67%. Year-to-date, the stock is down 3.57%, while the Sensex has also shown a negative return of 8.29%. <BR><BR>Investor participation appears to be rising, as indicated by a 33.12% increase in delivery volume compared to the 5-day average, suggesting that more investors are engaging with the stock. Additionally, the stock is trading above its 5-day, 50-day, 100-day, and 200-day moving averages, although it is below the 20-day moving average. <BR><BR>Overall, while there are signs of increased investor interest and short-term gains, the longer-term performance and current price decline indicate that Hittco Tools Ltd is facing challenges that are contributing to its falling stock price.

Should I buy, sell or hold Hittco Tools Ltd?

Which are the latest news on Hittco Tools?

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.

How big is Hittco Tools?

As of 10th June, Hittco Tools Ltd has a market capitalization of 6.00 Cr and reported net sales of 8.09 Cr with a loss of 0.68 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 10th June, Hittco Tools Ltd has a market capitalization of 6.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Hittco Tools reported net sales of 8.09 Cr. However, the company experienced a loss of 0.68 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.

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 oversee the company's operations and governance.

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 is responsible for overseeing the company's operations and governance.

Who are the peers of the Hittco Tools?

Hittco Tools' peers include Arrowhead Sepera, Pan Electronics, Rajasthan Cylind, Premier, Lexoraa Ind, Incon Engineers, Hindusthan Udyog, Perfect Infraeng, and Marshall Machin. Hittco Tools has a Below Average management risk and growth rating, with a 1-year return of -24.67%, better than Pan Electronics but worse than Lexoraa Ind's 23.62%.

Peers: The peers of Hittco Tools are Arrowhead Sepera, Pan Electronics, Rajasthan Cylind, Premier, Lexoraa Ind, Incon Engineers, Hindusthan Udyog, Perfect Infraeng, and Marshall Machin.<BR><BR>Quality Snapshot: Good management risk is observed at Arrowhead Sepera, while Below Average management risk is found at Hittco Tools, Rajasthan Cylind, Perfect Infraeng, and Marshall Machin. Growth ratings are Below Average for Hittco Tools, Rajasthan Cylind, and Perfect Infraeng, while the rest do not qualify. Below Average capital structure is noted for Hittco Tools, Rajasthan Cylind, Perfect Infraeng, and Marshall Machin, with the others not qualifying.<BR><BR>Return Snapshot: Lexoraa Ind has the highest 1-year return at 23.62%, while Pan Electronics has the lowest at -59.17%. Hittco Tools' 1-year return of -24.67% is worse than Lexoraa Ind's but better than Pan Electronics'. Additionally, Arrowhead Sepera, Rajasthan Cylind, Hittco Tools, Perfect Infraeng, and Marshall Machin have negative six-month returns.

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 6 Cr. As of March 2026, the company 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 promoted by Surendra Bhandari. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 2 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 0 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 6 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: -20.54% <BR>Price to Book: 1.96<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

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