Comparison · NSE · data 2026-11-02
Hi-Tech Gears Limited vs Igarashi Motors India Limited
In plain words
Size: Igarashi Motors India Limited is about 1.2 times the market value of Hi-Tech Gears Limited.
Valuation (P/E): Igarashi Motors India Limited 69.9 vs Hi-Tech Gears Limited 48.2.
Return on equity: Hi-Tech Gears Limited 4.2% vs Igarashi Motors India Limited 2.6%.
Profit growth over 3 years: Igarashi Motors India Limited 32.4% a year vs Hi-Tech Gears Limited -3.2% a year.
Debt to equity: Hi-Tech Gears Limited 0.35 vs Igarashi Motors India Limited 0.31.
Differences in the numbers, not a recommendation of either stock.
Side by side
| HITECHGEAR | IGARASHI | |
|---|---|---|
| Price | ₹505 | ₹364.2 |
| Market cap | ₹923 cr | ₹1,111 cr |
| P/E | 48.2 | 69.9 |
| P/B | — | — |
| ROE | 4.2% | 2.6% |
| ROCE | 5.2% | 6.0% |
| Debt / equity | 0.35 | 0.31 |
| Operating margin | 3.5% | 3.2% |
| Dividend yield | 0.82% | 0.37% |
| Sales growth, 3 years (yearly) | -8.0% | 9.6% |
| Profit growth, 3 years (yearly) | -3.2% | 32.4% |
| 1-year return | -37.5% | -27.9% |
| Revenue, last 12 months | ₹931 cr | ₹912 cr |
| Net profit, last 12 months | ₹20 cr | ₹16 cr |
| Latest quarter | Jun 2026 | Jun 2026 |
| Quarter net profit | ₹5 cr | ₹7 cr |
| Quarter profit vs a year earlier | -20.7% | +169.7% |
| Promoter holding | 56.10% | 75.00% |
| Health check | Weak (2/10) | Weak (3.6/10) |
Common questions
Which has a higher P/E, Hi-Tech Gears Limited or Igarashi Motors India Limited?
Igarashi Motors India Limited trades at the higher P/E (69.9 against 48.2). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Hi-Tech Gears Limited (4.2% against 2.6%).
Which carries more debt?
Hi-Tech Gears Limited has the higher debt-to-equity ratio (0.35 against 0.31).