Hy-Tech Engineers Limited
NSE: HTEL · Other Industrial Products
Snapshot
Unlock Hy-Tech Engineers Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Hy-Tech Engineers Limited designs, manufactures, and supplies a diverse portfolio of standard and customized hydraulic fittings for industrial applications. Backed by over four decades of operational experience, the company maintains a catalogue of more than 11,000 stock-keeping units serving sectors such as construction machinery, automotive, farming machinery, injection moulding, railways, and defence.
Business Model
The company operates on a business-to-business model, supplying original equipment manufacturers directly alongside a network of domestic and international distributors. It manufactures products across six facilities in India and achieves backward integration through a dedicated forged metal parts unit in Nashik.
- Direct Customers:170
- Stock Keeping Units:11,000+
- Manufacturing Facilities:6
Management Commentary
- Total Revenue (FY26):1,934.35 million rupees
- Revenue from Operations (FY26):1,894.04 million rupees
- Profit After Tax (FY26):225.92 million rupees
Growth Outlook
Growth is supported by capacity utilization optimisation, ongoing demand from diverse end-user industries like defence and railways, and expanding international distribution channels across regions such as the USA and Europe.
- Actual Production (FY26):32.70 million pieces
- Capacity Utilisation (FY26):70.55%
Key Risks
- Cyclicality in End-User Industries. Demand for hydraulic fittings is heavily dependent on the performance of cyclical sectors such as construction machinery, automotive, and farming.
- Raw Material Price Volatility. Fluctuations in the prices of metals and forged components can impact manufacturing margins and profitability.
- Geographic Concentration and Export Risks. International sales expose the company to foreign exchange fluctuations, trade barriers, and geopolitical risks in key overseas markets.
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Peers · Other Industrial Products
| Company | Mkt Cap | P/E (TTM) | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Hy-Tech Engineers LimitedHTEL | ₹676 Cr | — | — | — | 22.0% | — | — | — |
Oriental Rail Infrastructure LimitedORIRAIL | ₹850 Cr | 17.7× | 10.90 | -0.7% | 16.6% | 12.3% | 20.2% | -14.9% |
MIC ElectronicsMICEL | ₹837 Cr | -72.0× | 33.04 | — | 12.0% | -5.5% | 9.9% | -38.2% |
Mallcom (India)MALLCOM | ₹609 Cr | 21.8× | 12.69 | 3.9% | 10.9% | 8.7% | 13.8% | -27.0% |
Simplex CastingsSIMPLEXCAS | ₹576 Cr | 5.5× | 14.82 | 15.3% | 19.3% | 27.5% | 32.8% | -67.4% |
Sealmatic IndiaSEALMATIC | ₹435 Cr | — | — | — | 15.0% | — | — | -14.3% |
As of Mar 2026
Financials
Hy-Tech Engineers Limited
NSE: HTEL · Other Industrial Products
Snapshot
Unlock Hy-Tech Engineers Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Hy-Tech Engineers Limited designs, manufactures, and supplies a diverse portfolio of standard and customized hydraulic fittings for industrial applications. Backed by over four decades of operational experience, the company maintains a catalogue of more than 11,000 stock-keeping units serving sectors such as construction machinery, automotive, farming machinery, injection moulding, railways, and defence.
Business Model
The company operates on a business-to-business model, supplying original equipment manufacturers directly alongside a network of domestic and international distributors. It manufactures products across six facilities in India and achieves backward integration through a dedicated forged metal parts unit in Nashik.
- Direct Customers:170
- Stock Keeping Units:11,000+
- Manufacturing Facilities:6
Management Commentary
- Total Revenue (FY26):1,934.35 million rupees
- Revenue from Operations (FY26):1,894.04 million rupees
- Profit After Tax (FY26):225.92 million rupees
Growth Outlook
Growth is supported by capacity utilization optimisation, ongoing demand from diverse end-user industries like defence and railways, and expanding international distribution channels across regions such as the USA and Europe.
- Actual Production (FY26):32.70 million pieces
- Capacity Utilisation (FY26):70.55%
Key Risks
- Cyclicality in End-User Industries. Demand for hydraulic fittings is heavily dependent on the performance of cyclical sectors such as construction machinery, automotive, and farming.
- Raw Material Price Volatility. Fluctuations in the prices of metals and forged components can impact manufacturing margins and profitability.
- Geographic Concentration and Export Risks. International sales expose the company to foreign exchange fluctuations, trade barriers, and geopolitical risks in key overseas markets.
Start your research today
Unlock AI insights, financials, peers and live data on Hy-Tech Engineers Limited and 5,000+ companies — free.
Peers · Other Industrial Products
As of Mar 2026