---
title: "Hitkari Industries Ltd (530633) — Share Price, Financials & Analysis"
symbol: "530633"
company: "Hitkari Industries Ltd"
canonical: "https://tapetide.com/stocks/530633"
isin: "INE553B01018"
bse_code: "530633"
generated_at: "2026-10-13T10:59:31.824Z"
---

# Hitkari Industries Ltd (530633)

Canonical page: https://tapetide.com/stocks/530633

## Company

- **BSE Code:** 530633
- **ISIN:** INE553B01018
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** hitkaripackaging.com

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -8.51% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | -10% | 12% |
| revenue growth | 17% | -1% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 533.81 | 515.24 | 603.64 | 563.37 | 624.09 | 604.71 | 680.81 | 602.04 | 681.77 | 673.79 | 808.26 | 706.37 |
| Expenses | 459.76 | 450.87 | 528.03 | 492.23 | 540.56 | 540.69 | 599.38 | 538.5 | 617.77 | 629.71 | 703.87 | 638.14 |
| Operating Profit | 74.05 | 64.37 | 75.61 | 71.14 | 83.53 | 64.02 | 81.43 | 63.54 | 64 | 44.08 | 104.39 | 68.23 |
| OPM % | 13.87 | 12.49 | 12.53 | 12.63 | 13.38 | 10.59 | 11.96 | 10.55 | 9.39 | 6.54 | 12.92 | 9.66 |
| Other Income | 4.43 | 3.99 | 5.82 | 3.1 | 8.75 | 3.13 | 8.16 | 1.31 | 0 | 2.45 | 1.22 | -3.62 |
| Interest | 6.46 | 7.29 | 9.29 | 14.32 | 13.38 | 13.79 | 15.53 | 16.25 | 19.91 | 25.89 | 23.99 | 23.3 |
| Depreciation | 16.85 | 17.4 | 19.46 | 24.48 | 25.76 | 26.31 | 26.81 | 27.27 | 33.33 | 35.12 | 35.5 | 35.73 |
| Profit before tax | 55.17 | 43.67 | 52.68 | 35.44 | 53.14 | 27.05 | 47.25 | 21.33 | 10.76 | -14.48 | 46.12 | 5.58 |
| Tax % | 16.44 | 24.43 | 26.03 | 28.72 | 23.24 | 26.47 | 27.09 | 41.21 | 86.34 | 8.49 | 31.11 | 110.57 |
| Net Profit | 46.1 | 33 | 38.97 | 25.26 | 40.79 | 19.89 | 34.45 | 12.54 | 1.47 | -15.71 | 31.77 | -0.59 |
| EPS in Rs | 1.82 | 1.3 | 1.54 | 0.99 | 1.61 | 0.79 | 1.36 | 0.5 | 0.08 | -0.6 | 1.27 | -0.01 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- | --- |
| Sales | 29.77 | 32.51 | 29.83 | 27.35 | 32 |
| Expenses | 27.12 | 31.93 | 28.06 | 25.65 | 30.35 |
| Operating Profit | 2.65 | 0.58 | 1.77 | 1.7 | 1.65 |
| OPM % | 8.9 | 1.78 | 5.93 | 6.22 | 5.16 |
| Other Income | -0.02 | -0.06 | -0.01 | -0.01 | -0.66 |
| Interest | 1.23 | 1.36 | 1.57 | 1.74 | 1.88 |
| Depreciation | 0.79 | 0.83 | 0.93 | 0.95 | 0.88 |
| Profit before tax | 0.61 | -1.67 | -0.74 | -1 | -1.77 |
| Tax % | 11.48 | 2.99 | 6.76 | -8 | -6.21 |
| Net Profit | 0.54 | -1.72 | -0.79 | -0.92 | -1.66 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 3.21 | 3.21 | 3.21 | 3.21 | 3.21 |
| Reserves | 10.45 | 8.73 | 7.94 | 7.01 | 5.36 |
| Borrowings | 8.76 | 10.01 | 11.52 | 13.46 | 13.8 |
| Other Liabilities | 8.83 | 11.41 | 8.43 | 8.42 | 9.3 |
| Total Liabilities | 31.25 | 33.36 | 31.1 | 32.1 | 31.67 |
| Fixed Assets | 9.68 | 11.13 | 10.37 | 9.48 | 7.79 |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 1.77 | 1.77 | 1.77 | 1.77 | 1.77 |
| Other Assets | 19.8 | 20.46 | 18.96 | 20.85 | 22.11 |
| Total Assets | 31.25 | 33.36 | 31.1 | 32.1 | 31.67 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | — | — | — | -2.45 | -0.37 |
| Cash from Investing Activity | — | — | — | -0.08 | 0.16 |
| Cash from Financing Activity | — | — | — | 1.93 | 0.34 |
| Net Cash Flow | — | — | — | -0.6 | 0.13 |
| Free Cash Flow | — | — | — | -2.53 | -0.21 |
| CFO/OP | — | — | — | -138 | -22 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | 92.94 | 97.57 | 77.45 | 82.61 | 82.7 |
| Inventory Days | 75.94 | 50.74 | 70.87 | 89.13 | 60.1 |
| Days Payable | 120.88 | 132.62 | 100.99 | 115.11 | 104.57 |
| Cash Conversion Cycle | 47.99 | 15.69 | 47.34 | 56.63 | 38.22 |
| Working Capital Days | 146.88 | 113.84 | 138.76 | 182.7 | 157.86 |
| ROCE % | — | -1.13 | 3.77 | 3.24 | 3.34 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 54.74% | 54.74% | 54.74% | 54.9% | 54.9% | 53.9% | 51.22% | 50.98% | 50.98% | 50.98% |
| FIIs | 6.78% | 3.19% | 2.63% | 2.56% | 1.28% | 1.63% | 1.44% | 1.36% | 1.77% | 1.74% |
| DIIs | 9.4% | 14.75% | 15.05% | 15.59% | 16.82% | 14.19% | 15.7% | 15.56% | 15.73% | 14.48% |
| Public | 29.08% | 27.32% | 27.58% | 26.96% | 27% | 30.28% | 31.64% | 32.1% | 31.53% | 32.78% |
| No. of Shareholders | 4221 | 5142 | 5722 | 5921 | 5960 | 12135 | 12889 | 16848 | 16140 | 16983 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 51.22% | 51.22% | 51.22% | 50.98% | 50.98% | 50.98% | 50.98% | 50.98% | 50.98% | 50.98% | 50.98% | 50.98% |
| FIIs | 1.44% | 1.45% | 1.37% | 1.28% | 1.36% | 1.77% | 1.72% | 1.78% | 1.77% | 1.75% | 1.74% | 1.74% |
| DIIs | 15.7% | 15.6% | 15.58% | 15.54% | 15.56% | 15.6% | 15.63% | 15.72% | 15.73% | 15.15% | 14.6% | 14.48% |
| Public | 31.64% | 31.71% | 31.81% | 32.2% | 32.1% | 31.65% | 31.67% | 31.51% | 31.53% | 32.12% | 32.68% | 32.78% |
| No. of Shareholders | 12889 | 14060 | 14278 | 18022 | 16848 | 14771 | 15142 | 14412 | 16140 | 16093 | 16232 | 16983 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 3 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 917.96 | Sell |
| EMA (10) | 911.47 | Sell |
| SMA (20) | 943.35 | Sell |
| EMA (20) | 929.53 | Sell |
| SMA (50) | 956.31 | Sell |
| EMA (50) | 955.48 | Sell |
| SMA (100) | 996.49 | Sell |
| EMA (100) | 982.61 | Sell |
| SMA (200) | 1038.28 | Sell |
| EMA (200) | 1011.5 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 29.23 | Buy |
| MACD (12,26,9) | -19.35 | Sell |
| Stochastic (14,3,3) | 12.37 | Buy |
| ADX (14) | 17.28 | Neutral |
| Williams %R (14) | -96.33 | Buy |
| ATR (14) | 30.44 | High Volatility |
| ROC (12) | -11.08 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 38.84 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-03-02 | [Annoucement Under Regulation 30](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f619bb71-9e62-4f85-83b4-691b0caf94fa.pdf) |
| 2026-02-09 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0cc66932-50c5-4892-9d4d-e0372552e9f2.pdf) |
| 2026-02-03 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b987981d-545e-459a-a7fa-1481640d29b4.pdf) |
| 2026-01-30 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/xml-data/corpfiling/AttachHis/16f399d5-8d22-4c94-9468-0c173d58fc6e.pdf) |
| 2026-01-29 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/xml-data/corpfiling/AttachHis/57a1c7cc-3902-45a1-a381-5afd1d66eb21.pdf) |
| 2026-01-29 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/xml-data/corpfiling/AttachHis/29e3b159-9ad4-48bc-8e41-eca5b231ec9d.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4e75ab05-ae76-4fbe-9c80-678738fc2f9e.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3e0f0290-c5b9-44d9-ae4f-32d6252fe69f.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ff251364-5c6a-4cbc-a1cd-9d89ada5309b.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/538979/73816538979.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/538979/69073538979.pdf) |
| Mar 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/538979/5389790320.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/538979/5389790319.pdf) |
| Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/538979/5389790318.pdf) |
| Mar 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/538979/5389790317.pdf) |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/538979/5389790316.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Feb 2026 | [Concall - Feb 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b987981d-545e-459a-a7fa-1481640d29b4.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/428aa10b-f85a-4b76-a7b1-6c6f587eb948.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d2a33d87-e495-462a-8ba1-2dc28b970347.pdf) |
| Aug 2025 | [Concall - Aug 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1a6eff24-b9ae-406f-8534-1c08ce5b4281.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f88dcfcf-4634-4a1e-91d3-ada24b457f77.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0f99ed52-ba02-4e52-a4af-9231951cb71f.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/94160599-2cb9-4699-a8ef-0c23f1992152.pdf) |
| Jul 2024 | [Concall - Jul 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c67be353-66eb-41ea-94f1-e5181ce1a1bc.pdf) |
| Jun 2024 | [Concall - Jun 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d1dba6b5-2444-4368-9d24-1db5c9b00766.pdf) |
| Feb 2024 | [Concall - Feb 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9d4e2a3c-ce25-41ca-a594-f73dad6283c1.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2025-07-04 | Credit rating update — CARE Ratings |
| 2025-02-12 | Credit rating update — ICRA |
| 2024-11-08 | Credit rating update — ICRA |
| 2024-07-05 | Credit rating update — CARE Ratings |
| 2024-04-25 | Credit rating update — CARE Ratings |
| 2023-12-18 | Credit rating update — ICRA |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:59:31.824Z.