Iykot Hitech

Why is Iykot Hitech Toolroom Ltd falling/rising?

As of 01-Sep, the stock price of Iykot Hitech Toolroom Ltd is Rs. 22.16, unchanged from the previous session. Despite an 80.02% year-to-date increase, operational challenges and declining investor interest suggest a cautious outlook for its future performance.

As of 01-Sep, the stock price of Iykot Hitech Toolroom Ltd is currently at Rs. 22.16, showing no change from the previous trading session. Despite this stability in the current price, the stock has demonstrated a significant rise over the year, with a year-to-date increase of 80.02% and a one-year increase of 40.52%. This performance is notably strong compared to the Sensex, which has declined by 9.71% year-to-date.<BR><BR>However, there are several factors contributing to a cautious outlook on the stock. The company is facing operational challenges, including reported operating losses and a negative EBITDA of Rs. -1.08 crore. Additionally, the company's ability to service its debt is weak, as indicated by a poor EBIT to Interest ratio of -1.11. The latest quarterly results show flat performance, with the lowest recorded PBDIT and PBT figures, both at Rs. -0.45 crore, and an EPS of Rs. -0.43.<BR><BR>Moreover, there has been a notable decline in investor participation, with delivery volume dropping by 81.98% compared to the five-day average. This decline in trading activity, combined with the company's weak long-term fundamental strength and low profitability per unit of shareholders' funds, suggests that while the stock has risen significantly over the past year, it is currently facing pressures that could affect its future performance. The stock's erratic trading pattern, having not traded on four days out of the last twenty, further indicates instability.<BR><BR>In summary, while Iykot Hitech Toolroom Ltd has shown impressive gains over the past year, underlying operational weaknesses and declining investor interest may contribute to a more cautious sentiment regarding its future price movements.

Who are in the management team of Iykot Hitech?

The management team of Iykot Hitech consists of Likhitta Dugar (Whole-time Director), Suresh Rajasekar, S Munnavar Hussain, and Velli Paramasivam (all Independent Directors), and Annjana Dugar (Non-Executive Director).

The management team of Iykot Hitech includes the following individuals:<BR><BR>1. **Likhitta Dugar** - Whole-time Director<BR>2. **Suresh Rajasekar** - Independent Director<BR>3. **ANNJANA DUGAR** - Non Executive Director<BR>4. **S Munnavar Hussain** - Independent Director<BR>5. **Velli Paramasivam** - Independent Director<BR><BR>If you need more information about their roles or the company, feel free to ask!

What does Iykot Hitech do?

Iykot Hitech Toolroom Ltd manufactures plastic moulded components for various industries, including white goods and automobiles. As of June 2026, it reported net sales and profit of 0 Cr, with a market cap of INR 23 Cr.

Overview: <BR>Iykot Hitech Toolroom Ltd is engaged in the manufacturing of plastic moulded components for white goods, automobiles, and entertainment electronics, operating within the industrial manufacturing sector and classified as a micro-cap company.<BR><BR>History: <BR>The company was incorporated in August 1991 as Elcot Hitech Toolroom Limited in Tamil Nadu. It was promoted in the joint sector by Electronics Corporation of Tamilnadu (ELCOT) alongside technocrat entrepreneurs S Iyempandi and N K S Kolappan. The latest quarterly results report net sales and net profit of 0 Cr for June 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 0 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 23 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: -0.46 <BR>Return on Equity: -29.53% <BR>Price to Book: 5.96<BR><BR>Contact Details: <BR>Address: No 19 Block - 1, Sidco Electronic Cplx Guindy Chennai Tamil Nadu : 600032 <BR>Tel: 91-44-22500280 <BR>Email: info@iykot.com/grc@iykot.com <BR>Website: http://www.hitechtoolroom.com

Who are the peers of the Iykot Hitech?

Iykot Hitech's peers include G G Dandekar, Polymechplast Ma, Hawa Engineers, and others, with most exhibiting below-average growth and management risk. Harish Textile has the highest 1-year return at 5.09%, while Harshil Agrotech has the lowest at -74.29%.

Peers: The peers of Iykot Hitech are G G Dandekar, Polymechplast Ma, Hawa Engineers, Misquita Engg., Harshil Agrotech, Miven Mach. Tool, Harish Textile, Trans India, Veejay Lak. Eng., and Envair Electrody.<BR><BR>Quality Snapshot: Below Average management risk is observed at G G Dandekar, Misquita Engg., Iykot Hitech, Trans India, Veejay Lak. Eng., and Envair Electrody, while Average management risk is found at Polymechplast Ma, Harshil Agrotech, and Harish Textile. Good management risk is noted at Hawa Engineers. All peers exhibit Below Average growth except for Trans India, which has Good growth, while the rest show Below Average growth. The Capital Structure is Good for G G Dandekar, Polymechplast Ma, and Harshil Agrotech, while Below Average is noted for Hawa Engineers, Misquita Engg., Iykot Hitech, Harish Textile, Trans India, Veejay Lak. Eng., and Envair Electrody, and Miven Mach. Tool does not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Harish Textile at 5.09%, while the lowest is Harshil Agrotech at -74.29%. Iykot Hitech's 1-year return is not available for comparison. Additionally, several peers, including Hawa Engineers, Harshil Agrotech, Trans India, and Envair Electrody, have negative six-month returns.

How big is Iykot Hitech?

As of 31st August, Iykot Hitech Toolroom Ltd has a market capitalization of 23.00 Cr and reported Net Sales of 1.02 Cr with a Net Profit loss of 1.14 Cr over the latest four quarters. Shareholder's Funds are 3.86 Cr and Total Assets are 4.20 Cr as of March 2026.

As of 31st August, Iykot Hitech Toolroom Ltd has a market capitalization of 23.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Iykot Hitech reported Net Sales of 1.02 Cr. However, the company experienced a Net Profit loss of 1.14 Cr during the same period.<BR><BR>The latest reporting period for the balance sheet is March 2026. Shareholder's Funds are recorded at 3.86 Cr, while Total Assets amount to 4.20 Cr.

Which are the latest news on Iykot Hitech?

Should I buy, sell or hold Iykot Hitech Toolroom Ltd?

When is the next results date for Iykot Hitech Toolroom Ltd?

The next results date for Iykot Hitech Toolroom Ltd is 24 July 2026.

The next results date for Iykot Hitech Toolroom Ltd is scheduled for 24 July 2026.

Are Iykot Hitech Toolroom Ltd latest results good or bad?

Iykot Hitech Toolroom Ltd's latest results are concerning, showing a marginal profit of ₹0.03 crores after seven quarters of losses, but a significant 81.44% year-on-year revenue decline raises serious red flags about its financial health. Investors should be cautious due to ongoing operational challenges and a negative return on equity of -33.33%.

Iykot Hitech Toolroom Ltd's latest results present a mixed picture, but overall, they lean towards the negative side. In Q4 FY26, the company reported a net profit of ₹0.03 crores, which is a positive turnaround after seven consecutive quarters of losses. However, this marginal profit is overshadowed by a significant revenue decline of 81.44% year-on-year, with net sales dropping to ₹0.18 crores from ₹0.97 crores in the same quarter last year.<BR><BR>While there was a slight sequential improvement in revenue, increasing by 12.50% from ₹0.16 crores in Q3 FY26, the overall financial health of the company raises serious concerns. The operating margin of 27.78% appears positive, but it largely reflects a drastically reduced cost base rather than improved operational efficiency.<BR><BR>Additionally, the company's return on equity (ROE) stands at a negative 33.33%, indicating a lack of profitability and value generation for shareholders. The financial situation is further complicated by a negative operating cash flow of ₹-2.00 crores, which suggests that the company is consuming cash rather than generating it.<BR><BR>In summary, while Iykot Hitech has achieved a marginal profit, the severe revenue decline and ongoing operational challenges indicate that the latest results are not good. Investors should approach this stock with caution due to its precarious financial position and the risks associated with its micro-cap status.

How has been the historical performance of Iykot Hitech?

Iykot Hitech has experienced significant declines in net sales and profitability, with net sales dropping from 8.35 Cr in Mar'22 to 5.01 Cr in Mar'25, and operating profit remaining negative since Mar'23. The company's financial challenges are reflected in deteriorating earnings per share and negative cash flow from operating activities.

Answer:<BR>The historical performance of Iykot Hitech shows significant fluctuations in its financial metrics over the years.<BR><BR>Breakdown:<BR>Iykot Hitech's net sales have seen a decline from 8.35 Cr in Mar'22 to 5.01 Cr in Mar'25, with a notable drop from 2.25 Cr in Mar'23 to 1.33 Cr in Mar'24. Total operating income followed a similar trend, decreasing from 8.35 Cr in Mar'22 to 5.10 Cr in Mar'25. The company's total expenditure, excluding depreciation, peaked at 7.99 Cr in Mar'22 but fell to 6.02 Cr by Mar'25. Operating profit (PBDIT) has been negative since Mar'23, with losses widening from -0.97 Cr in Mar'23 to -0.92 Cr in Mar'25. Profit before tax and profit after tax also remained negative, with figures of -1.05 Cr for both in Mar'25. The company's earnings per share (EPS) have deteriorated from 0.33 in Mar'22 to -1.09 in Mar'25. On the balance sheet, total liabilities increased to 3.79 Cr in Mar'24 from 3.59 Cr in Mar'23, while total assets also rose slightly to 3.79 Cr in Mar'24. The cash flow from operating activities has been negative at -1.00 Cr in Mar'24, indicating ongoing financial challenges. Overall, Iykot Hitech has experienced a downward trend in sales and profitability, reflecting a challenging operational environment.

Is Iykot Hitech overvalued or undervalued?

As of November 12, 2024, Iykot Hitech is rated as risky due to significant financial distress, reflected in its negative PE and EV to EBITDA ratios, along with poor ROCE and ROE metrics, making it overvalued compared to peers like Rail Vikas and Ircon International, despite a strong historical return.

As of 12 November 2024, the valuation grade for Iykot Hitech has moved from does not qualify to risky. The company appears to be overvalued based on its financial ratios, with a PE ratio of -6.05 and an EV to EBITDA ratio of -7.03, indicating significant losses. Additionally, the ROCE and ROE are notably negative at -119.41% and -129.90%, respectively, which further underscores the company's financial distress.<BR><BR>In comparison to its peers, Iykot Hitech's valuation metrics are starkly unfavorable. For instance, Rail Vikas has a PE ratio of 69.76, while Ircon International, which is categorized as fair, has a PE of 28.25. This stark contrast highlights Iykot Hitech's poor standing within the industrial manufacturing sector. Despite a strong historical performance with a 1Y return of 25% compared to the Sensex's 7.64%, the current financial indicators suggest that the company is not positioned well for sustainable growth.

What is the technical trend for Iykot Hitech?

As of May 16, 2025, Iykot Hitech's technical trend is mildly bearish, influenced by daily moving averages and a bearish KST, despite mixed signals from the MACD and supportive Bollinger Bands.

As of 16 May 2025, the technical trend for Iykot Hitech has changed from sideways to mildly bearish. The weekly MACD indicates a mildly bullish stance, but the monthly MACD is mildly bearish, suggesting mixed signals. The daily moving averages are mildly bearish, reinforcing the current trend. The KST is bearish on a weekly basis and mildly bearish monthly, while the Dow Theory shows no trend weekly and mildly bearish monthly. The Bollinger Bands are mildly bullish weekly and bullish monthly, which adds some support. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the bearish KST.

Has Iykot Hitech declared dividend?

Iykot Hitech Toolroom Ltd has declared a 7% dividend, amounting to 0.35 per share, with an ex-date of September 12, 2019. Despite the dividend declaration, the yield is 0%, as dividends have not contributed to returns in recent periods, although the company has shown significant price appreciation over longer periods.

Iykot Hitech Toolroom Ltd has declared a 7% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 7%<BR>- Amount per share: 0.35<BR>- Ex-date: 12 Sep 19<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was 0%, the dividend return was 0%, resulting in a total return of 0.0%.<BR><BR>For the 1-year period, the price return was -4.01%, the dividend return was 0%, leading to a total return of -4.01%.<BR><BR>Over the 2-year period, the price return was 30.84%, the dividend return was 0%, resulting in a total return of 30.84%.<BR><BR>In the 3-year period, the price return was 134.41%, the dividend return was 0%, leading to a total return of 134.41%.<BR><BR>For the 4-year period, the price return was 337.17%, the dividend return was 0%, resulting in a total return of 337.17%.<BR><BR>In the 5-year period, the price return was 505.07%, the dividend return was 0%, leading to a total return of 505.07%.<BR><BR>Overall, while Iykot Hitech Toolroom Ltd has declared a dividend, the dividend yield remains at 0%, indicating that dividends have not contributed to returns in recent periods. However, the total returns over longer periods show significant price appreciation.

Who are the top shareholders of the Iykot Hitech?

The top shareholders of Iykot Hitech include Padam Dugar with 24.0%, individual investors with 24.92%, and Divya Kanda as the highest public shareholder at 2.94%. Currently, there are no holdings by mutual funds or foreign institutional investors.

The top shareholders of Iykot Hitech include the promoters, with Padam Dugar holding the largest share at 24.0%. Individual investors collectively own 24.92% of the company, while the highest public shareholder is Divya Kanda, who holds 2.94%. Notably, there are no holdings by mutual funds or foreign institutional investors (FIIs) at this time.