HTL Hi-Tech Lubricants Limited

Hi-Tech Lubricants Limited (HTL) financial ratios

Hi-Tech Lubricants Limited earned a net margin of 1.3% in FY2026 against a five-year average of 0.6% (Oil & Gas Marketing Companies median 1.0%). Return on equity was 7.4%, compared with a sector median of 18.2%. The current ratio stood at 1.11× and debt was 63.1% of equity. Cash took about 26 days to cycle through receivables, inventory and payables.

FY2026 vs the Oil & Gas Marketing Companies median

Gross margin: 9.8%; Sector median 5.4%
Operating margin: 3.4%; Sector median 3.4%
Net margin: 1.3%; Sector median 1.0%
Return on equity (ROE): 7.4%; Sector median 18.2%
Return on assets (ROA): 3.3%; Sector median 2.9%
Current ratio: 1.11×; Sector median 0.97×
Debt to equity: 63.1%; Sector median 54.7%
Asset turnover: 2.64×; Sector median 2.82×
Dividend payout ratio: 0.0%; Sector median 12.8%

Median of the 9 companies in the sector with the figure for their latest fiscal year.

HTL financial ratios (annual) (Rs mn)
Rs mn	FY2026 Jul 2025 – Jun 2026	FY2025 Jul 2024 – Jun 2025	FY2024 Jul 2023 – Jun 2024	FY2023 Jul 2022 – Jun 2023	FY2022 Jul 2021 – Jun 2022	FY2021 Jul 2020 – Jun 2021	FY2020 Jul 2019 – Jun 2020	FY2019 Jul 2018 – Jun 2019	FY2018 Jul 2017 – Jun 2018	FY2017 Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015	FY2014 Jul 2013 – Jun 2014	FY2013 Jul 2012 – Jun 2013	FY2012 * Jul 2011 – Jun 2012	FY2011 Jul 2010 – Jun 2011
Profitability
Gross margin	9.8%	9.2%	9.7%	15.5%	21.1%	21.4%	25.1%	21.9%	25.9%	26.4%	29.2%	24.5%	24.7%	24.9%	22.8%	—
EBITDA margin	4.7%	4.1%	4.2%	6.2%	12.7%	10.5%	9.7%	8.1%	15.2%	17.3%	13.2%	9.5%	9.3%	9.3%	9.6%	—
Operating margin	3.4%	2.7%	2.3%	3.5%	10.7%	8.0%	5.6%	6.5%	13.8%	15.7%	12.6%	8.9%	8.8%	9.0%	9.2%	—
Pre-tax margin	2.4%	0.4%	(1.3%)	(2.1%)	6.9%	7.4%	1.3%	3.2%	12.4%	14.7%	12.4%	9.2%	8.3%	8.4%	8.5%	—
Net margin	1.3%	0.3%	(0.6%)	(1.6%)	3.5%	6.1%	2.2%	0.4%	8.2%	10.2%	7.4%	6.2%	5.7%	5.9%	6.2%	—
Effective tax rate	46.6%	32.5%	—	—	49.3%	16.6%	(60.6%)	86.3%	34.0%	31.0%	40.2%	32.7%	30.8%	30.3%	27.2%	—
Returns
Return on equity (ROE)	7.4%	1.7%	(2.3%)	(4.0%)	11.7%	15.7%	3.1%	1.0%	19.4%	21.1%	22.8%	31.5%	38.3%	47.4%	112.2%	—
Return on assets (ROA)	3.3%	0.8%	(1.1%)	(2.0%)	6.2%	9.4%	1.8%	0.6%	11.5%	13.2%	15.5%	17.3%	19.0%	23.7%	53.4%	—
Return on invested capital (ROIC)	6.9%	4.8%	—	—	10.1%	13.5%	8.5%	1.4%	15.2%	17.0%	19.9%	27.8%	30.3%	35.7%	80.7%	—
Liquidity
Current ratio	1.11×	1.00×	0.97×	1.04×	1.20×	1.36×	1.33×	1.28×	1.56×	1.54×	2.81×	1.35×	1.46×	1.81×	1.76×	1.01×
Quick ratio	0.64×	0.53×	0.45×	0.32×	0.38×	0.57×	0.65×	0.89×	0.88×	0.73×	2.03×	0.66×	0.63×	0.66×	0.87×	1.01×
Leverage
Debt to equity	63.1%	54.8%	55.6%	61.2%	49.6%	28.9%	33.5%	60.3%	39.2%	44.1%	21.6%	4.2%	25.2%	28.4%	38.7%	15,250.0%
Debt to capital	38.7%	35.4%	35.7%	38.0%	33.1%	22.4%	25.1%	37.6%	28.2%	30.6%	17.7%	4.0%	20.1%	22.1%	27.9%	99.3%
Debt to assets	27.7%	25.3%	24.6%	30.4%	24.4%	16.9%	20.7%	33.1%	24.3%	24.9%	15.3%	2.6%	12.1%	14.7%	18.4%	99.3%
Assets to equity	2.23×	2.22×	2.14×	2.02×	1.90×	1.67×	1.72×	1.72×	1.69×	1.60×	1.47×	1.82×	2.02×	2.00×	2.10×	—
Efficiency
Asset turnover	2.64×	2.51×	1.90×	1.26×	1.77×	1.53×	0.83×	1.37×	1.40×	1.30×	2.10×	2.80×	3.32×	4.03×	8.61×	—
Receivable days days	29	21	20	19	12	12	51	33	19	21	18	22	18	23	13	—
Inventory days days	34	37	55	102	79	78	119	69	98	97	46	57	68	60	25	—
Payable days days	36	42	46	61	55	60	78	36	52	60	47	62	53	40	18	—
Cash conversion cycle days	26	17	29	60	36	30	92	66	66	59	17	16	33	43	20	—
Dividends
Dividend payout ratio	0.0%	0.0%	—	—	78.2%	51.6%	23.8%	494.3%	53.5%	42.1%	29.1%	0.0%	0.0%	0.0%	0.0%	—
Earnings retention rate	1.00×	1.00×	—	—	0.22×	0.48×	0.76×	(3.94×)	0.47×	0.58×	0.71×	1.00×	1.00×	1.00×	1.00×	—

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

HTL: frequently asked questions

What is HTL's EPS?

Hi-Tech Lubricants Limited reported basic earnings per share of Rs 3.40 for FY2026 (Jul 2025 – Jun 2026).

What is HTL's P/E ratio?

At the closing price of Rs 35.91 on 16 Oct 2026, HTL trades at a P/E of 10.6× based on EPS of Rs 3.40 (FY2026).

Does HTL pay dividends?

Yes. Hi-Tech Lubricants Limited declared a dividend of Rs 1.15 per share for FY2026. At Rs 35.91 that is a dividend yield of 3.2%.

What was HTL's revenue and profit in FY2026?

Hi-Tech Lubricants Limited reported revenue of Rs 37.6 bn and profit attributable to shareholders of Rs 473.0 mn for FY2026 (Jul 2025 – Jun 2026).

What is HTL's book value per share?

Hi-Tech Lubricants Limited's book value per share was Rs 48.02 at the end of FY2026. The shares trade at 0.75× book value.

Information only, not investment advice.