January 30, 2024

I have Bought Hittco Tools at Rs. 9 to 11 with my Personal Target Price of Rs. 20 to 25


HITTCO Tools Limited started its manufacturing activities in the year 1974 and in the year 1995, HITTCO became a Public Limited Company, and embarked on a large expansion cum diversiļ¬cation program in the field of cutting tools.

HITTCO today, prides itself with the quality and the dedication of a professional team in areas such as technical, planning, quality control and marketing who have over the years contributed to the overall growth of the organization. The manufacturing process adopted by 'HITTCO' is the most accepted and modern method of grinding due to which a high accuracy and finish is achieved on the tools produced.

Product Portfolio:

The company manufactures different types of high performance Carbide & HSS Tools to machine-wide variety of metals & acrylic like High Performance Endmills, Endmills for Non-Ferrous Metals, HSS Jobber Drills, Die and Mold Endmills, General Purpose Endmills, Carbide High Performance Drills, etc. which can be classified as:
    a) HSS Tools:

        HSS Drills
        HSS Central Drills
        HSS End Mills
        HSS Round Tool Built
            b) Solid Carbide Tools:

                Solid Carbide End Mills
                Solid Carbide Drills
                Solid Carbide Reamers
                Solid Carbide Special Tools


User Industries:
Automotive, Aerospace, Mold, Defense, Railways, Jewelry, Power-Energy, Watch, Oil & Gas, etc.

Exports:
The company markets its products through a network of distributors across the world. In FY21, the company's exports were ~4.5% of the total revenue.
[6]

Future Outlook:[8]
The company has plans to increase the production of Drill Bits and Taps as well as Carbide Tools. Additionally, the company is also planning to expand their overseas marketing activities.

Manufacturing Units:
The company has two manufacturing units located at Peenya Industrial Area, which is the largest industrial area in all of Asia. Built area of the units is approximately 5000 Sq. Mtr.

Real Image of Plant 








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I have Bought Hittco Tools at Rs. 9 to 11 with my Personal Target Price of Rs. 20 to 25

HITTCO Tools Limited started its manufacturing activities in the year 1974 and in the year 1995, HITTCO became a Public Limited Company, and...