Iykot Hitech

Why is Iykot Hitech Toolroom Ltd falling/rising?

As of 09-Jun, Iykot Hitech Toolroom Ltd's stock price is Rs.20.11, unchanged from the previous session, but it has reached a new 52-week high. The stock has shown significant growth over various periods, outperforming the Sensex, though concerns about erratic trading and declining delivery volume remain.

As of 09-Jun, Iykot Hitech Toolroom Ltd's stock price is currently at Rs.20.11, showing no change from the previous trading session. However, the stock has recently reached a new 52-week high today, indicating a positive upward movement. Over the past week, the stock has increased by 4.96%, significantly outperforming the Sensex, which has declined by 0.98%. <BR><BR>In the past month, Iykot Hitech's stock has risen by 10.19%, while the Sensex has fallen by 4.41%. Year-to-date, the stock has shown remarkable growth of 63.36%, contrasting sharply with the Sensex's decline of 13.26%. Additionally, over the past year, the stock has appreciated by 43.64%, again outperforming the Sensex, which has decreased by 10.34%. <BR><BR>The stock's performance over longer periods is also impressive, with a 104.60% increase over three years and a staggering 390.23% rise over five years, compared to the Sensex's 18.03% and 42.31% increases, respectively. <BR><BR>Despite this positive performance, there are some concerns. The stock has experienced erratic trading, not trading on four out of the last twenty days, and there has been a significant drop in delivery volume, which fell by 82.93% against the five-day average. Additionally, the engineering sector has seen a decline of 2.01%. <BR><BR>Overall, while Iykot Hitech Toolroom Ltd's stock is currently rising based on its recent performance and new highs, the erratic trading patterns and declining investor participation could pose challenges moving forward.

Which are the latest news on Iykot Hitech?

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.

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 April 27, 2026.

The next results date for Iykot Hitech Toolroom Ltd is scheduled for April 27, 2026.

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.

How big is Iykot Hitech?

As of 24th July, Iykot Hitech Toolroom Ltd has a market capitalization of 8.00 Cr and reported Net Sales of 4.11 Cr with a Net Profit loss of 1.56 Cr over the latest four quarters. Shareholder's Funds are 1.20 Cr and Total Assets are valued at 3.79 Cr as of March 2024.

As of 24th July, Iykot Hitech Toolroom Ltd has a market capitalization of 8.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Iykot Hitech reported Net Sales of 4.11 Cr. However, the company experienced a loss of 1.56 Cr in Net Profit during the same period.<BR><BR>The latest reporting period for the balance sheet is March 2024. Shareholder's Funds stood at 1.20 Cr, while Total Assets were valued at 3.79 Cr.

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.

Who are the peers of the Iykot Hitech?

Iykot Hitech's peers include Rail Vikas, Tube Investments, AIA Engineering, Triveni Turbine, Ircon Intl., Hittco Tools, Lexoraa Ind, S.S. Infra. Dev., and Filtron Engineer. Iykot Hitech has below average management risk and capital structure, with a 1-year return of -8.09%, better than Lexoraa Ind but worse than Rail Vikas's 21.92%.

Peers: The peers of Iykot Hitech are Rail Vikas, Tube Investments, AIA Engineering, Triveni Turbine, Ircon Intl., Hittco Tools, Lexoraa Ind, S.S. Infra. Dev., and Filtron Engineer.<BR><BR>Quality Snapshot: Excellent management risk is observed at Tube Investments and Triveni Turbine, while Good management risk is found at AIA Engineering. Average management risk is noted for Rail Vikas and Ircon Intl., and Below Average management risk is present at Iykot Hitech, Hittco Tools, and the rest. In terms of growth, Tube Investments shows Excellent growth, while Triveni Turbine and AIA Engineering have Below Average growth. The peers with Below Average growth include Rail Vikas, Ircon Intl., Iykot Hitech, Hittco Tools, and the rest. For capital structure, Tube Investments, AIA Engineering, and Triveni Turbine have Excellent capital structures, while Rail Vikas and Ircon Intl. are rated Average, and Iykot Hitech, Hittco Tools, and the rest are rated Below Average.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Rail Vikas at 21.92%, while the lowest is Lexoraa Ind at -53.66%. Iykot Hitech's 1-year return of -8.09% is better than Lexoraa Ind's but worse than Rail Vikas's. Additionally, several peers, including Tube Investments, AIA Engineering, Triveni Turbine, Ircon Intl., and Hittco Tools, have negative six-month returns.

What does Iykot Hitech do?

Iykot Hitech Toolroom Ltd manufactures plastic moulded components for the white goods, automobile, and entertainment electronics sectors. As of December 2024, it reported net sales of 1 Cr and a market cap of Rs 9 Cr.

Overview: <BR>Iykot Hitech Toolroom Ltd is engaged in the manufacturing of plastic moulded components for the white goods, automobile, and entertainment electronics sectors, operating within the engineering industry 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 has reported net sales and net profit for the quarter ending December 2024.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 1 Cr (Quarterly Results - Dec 2024) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Dec 2024) <BR>Market-cap value: Rs 9 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 29 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.11 <BR>Return on Equity: -129.90% <BR>Price to Book: 6.97<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

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.

Who are in the management team of Iykot Hitech?

As of Mar 2023 The management team of Iykot Hitech includes Likhitta Dugar (Whole-time Director), Suresh Rajasekar, S. Munnavar Hussain, and Velli Paramasivam (all Independent Directors), and Annjana Dugar (Non-Executive Director).

As of Mar 2023 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 details about their roles or contributions, feel free to ask!