Hy-Tech Engineers IPO: Quiet company, loud numbers
Hy-Tech Engineers is hitting the stock market with a Rs 136 crore IPO priced at Rs 50 to 53 per share, and the numbers look genuinely interesting. Revenue is growing at 17% annually, but profits have compounded at nearly 40% over three years, meaning this manufacturer is getting more efficient as it scales. EBITDA margins jumped from 16% in FY24 to above 22% in FY25 and held there through FY26, which is starting to look structural. Return on equity sits at over 20%, the highest among listed peers in this stock market segment. The bid window runs August 24 to 27, 2026. Get the full market…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.