Hy Tech Engineers Limited
Company at a glance · Human reviewed · 26 Aug 2026
The business, in brief
We are an engineering company engaged in the design, manufacture and supply of hydraulic fittings catering to diverse industrial applications, with over four decades of operational experience in the hydraulics industry.
- Customer concentration
- 45.32% top 10 customers
- Total borrowings
- ₹29.76 cr Fiscal 2026
- DIN-metric fittings
- JIC flared and flareless fittings
- O-Ring Face Seal (ORFS) fittings
- conversion fittings
- adaptors
- hose fittings
- hydraulic fittings
* Estimated date based on the standard exchange timeline. Unmarked dates are exchange-reported.
Calculated at the upper band of ₹53.00 per share. Amounts exclude blocked-funds variation.
Application field guide
Shares reserved for you
Estimate is possible allottees divided by applications. Where the exchange omits application counts, the floor assumes every bid used that category's minimum bid size. Final odds depend on valid applications and the basis of allotment.
Prospectus dossier
Numbers, plans & pressure points
A focused reading of the company's reported financials, planned use of proceeds, business strengths and material risks.
A multi-year view
Figures retain the units reported in the RHP| Fiscal year | Revenue | Profit after tax | Operating cash flow | Borrowings | Net worth |
|---|---|---|---|---|---|
| Fiscal 2026 | ₹189.4 cr | ₹22.59 cr | ₹30.33 cr | ₹29.76 cr | ₹122.02 cr |
| Fiscal 2025 | ₹161.38 cr | ₹19.62 cr | ₹17.02 cr | ₹43.53 cr | ₹101.25 cr |
| Fiscal 2024 | ₹137.71 cr | ₹11.6 cr | ₹18.68 cr | ₹40.84 cr | ₹82.22 cr |
01 Use of funds
Where the
money goes.
03stated objects
in the filing
Funding the capital expenditure requirements towards procurement of machinery and equipment for expansion at Kavathe Unit, Shirwal Unit and Pithampur Unit-I;RHP p. 97
Repayment or prepayment, in full or in part, of certain outstanding borrowings availed by our Company; andRHP p. 97
General corporate purposesRHP p. 97
02 Growth case
What could drive
the business.
08signals found
in the filing
Integrated operations and product development capabilitiesRHP p. 175
Diversified customer base with wide market reachRHP p. 175
Experienced leadership, deep market understanding and industry credibilityRHP p. 177
Established global presence with access to growing international marketsRHP p. 177
Decentralized cell-based manufacturing modelRHP p. 178
High-Pressure Infrastructure DemandsRHP p. 148
Agriculture and MechanizationRHP p. 148
Industrial Automation IntegrationRHP p. 148
03 Risk factors
Read the downside first.
Selected material risks disclosed in the RHP. Read these before the upside case. This summary is not a substitute for the prospectus.
High Customer Concentration
We are dependent on a few customers for a major portion of our revenues with our top 10 customers contributing to 45.32%, 42.02% and 48.72% of our revenue from operations in Fiscals 2026, 2025 and 2024, respectively.
Export Revenue and US Market Dependency
We derive a significant portion of revenue from operations from exports, which accounted for 29.37%, 28.30% and 33.14% of our total revenues in Fiscal 2026, 2025 and 2024, respectively, with a substantial portion from the USA.
Raw Material Supplier Concentration
We are dependent on our suppliers for raw materials with our top 10 suppliers contributing to 65.61%, 54.78% and 65.49% of our total purchases in Fiscal 2026, 2025 and 2024, respectively.
Manufacturing Concentration in Maharashtra
Four out of our six Manufacturing Facilities are located in Maharashtra, India, contributing 77.64%, 77.27% and 77.43% of our revenue from operations during Fiscals 2026, 2025 and 2024, respectively.
Live issue demand
The book, in motion
Exchange timestamp 26 Aug 2026, 5:00 pm · checked 26 Aug 2026, 9:05 pm