Hitech Corporation Ltd
HITECHCORP NSE
Hitech Corporation Ltd
IndustrialsNSE: HITECHCORP BSE: 526217 Packaging
Key Fundamentals
MicrocapPackagingIndustrial ProductsMarket Cap
₹213 Cr
Volatility
Moderate
P/E Ratio
29.9
EBITDA
₹65.20 Cr
Return on Equity
8.35%
Debt to Equity
0.43
Book Value
₹162
EPS
₹10.36
52W High
₹223.44
52W Low
₹112
Technical Indicators
Key Insights
Strengths
1- Stock is trading at 0.82 times its book value
Weaknesses
2- Company has low interest coverage ratio.
- Contingent liabilities of Rs.85.1 Cr.
Growth Rate
Revenue Growth
-
Net Income Growth
-
Cash Flow Change
-92.00% ↘
ROE
3.00% ↗
ROCE
-
EBITDA Margin (Avg.)
-
Quarterly Results
| Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Depreciation | 3.83 | 3.84 | 3.76 | 4.81 | 4.01 | 3.88 | 8.68 | 9.09 | 9.06 | 9.63 | 9.76 | 9.93 | 10 |
| EPS in Rs | 1.53 | 1.63 | 1.54 | 0.11 | 2.11 | 3.24 | 2.26 | 1.62 | 0.73 | 0.59 | 2.77 | 2.43 | -1.53 |
| Expenses | 105 | 125 | 105 | 89.95 | 91.83 | 94.73 | 126 | 130 | 110 | 134 | 144 | 144 | 132 |
| Interest | 4.14 | 4.55 | 4.36 | 2.74 | 3.09 | 2.96 | 3.95 | 4.1 | 3.9 | 4.2 | 4.59 | 4.82 | 4.57 |
| Net Profit | 2.38 | 2.49 | 2.2 | -0.17 | 3.03 | 5.24 | 3.89 | 2.78 | 1.26 | 1.01 | 4.75 | 4.17 | -2.62 |
| OPM % | 9.82% | 8.85% | 9.36% | 6.15% | 10.73% | 12.25% | 11.32% | 11.45% | 10.6% | 10.56% | 12.42% | 12.12% | 8.81% |
| Operating Profit | 11.42 | 12.12 | 10.83 | 5.89 | 11.04 | 13.23 | 16.15 | 16.77 | 13.04 | 15.77 | 20.48 | 19.93 | 12.79 |
| Other Income | 0.09 | 0.13 | 0.21 | 0.43 | 0.35 | 0.17 | 1.67 | 0.36 | 0.97 | -0.29 | 0.41 | 0.48 | -1.53 |
| PBT | 3.54 | 3.86 | 2.92 | -1.23 | 4.29 | 6.56 | 5.19 | 3.94 | 1.05 | 1.65 | 6.54 | 5.66 | -3.31 |
| Sales | 116 | 137 | 116 | 95.84 | 103 | 108 | 143 | 147 | 123 | 149 | 165 | 164 | 145 |
| Tax % | 33.05% | 35.49% | 24.32% | -86.99% | 29.37% | 20.27% | 25.05% | 29.7% | -19.05% | 38.18% | 27.37% | 26.5% | -20.85% |
Profit & Loss
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Depreciation | 5 | 9 | 9 | 9 | 9 | 13 | 15 | 17 | 18 | 36 | 39 |
| Div. Payout % | 21% | 14% | 14% | 14% | 13% | 15% | 20% | 23% | 19% | 19% | — |
| EPS in Rs | — | 5.58 | 7.23 | 7.73 | 11.34 | 10.94 | 8.08 | 6.86 | 4.82 | 5.21 | 4.26 |
| Expenses | 68 | 133 | 151 | 184 | 223 | 298 | 340 | 393 | 411 | 500 | 555 |
| Interest | 3 | 6 | 8 | 10 | 9 | 12 | 18 | 18 | 17 | 16 | 18 |
| Net Profit | 5 | 8 | 11 | 11 | 16 | 16 | 10 | 10 | 8 | 9 | 7 |
| OPM % | 18% | 14% | 16% | 15% | 15% | 13% | 12% | 11% | 11% | 11% | 11% |
| Operating Profit | 15 | 22 | 28 | 32 | 39 | 46 | 45 | 46 | 49 | 62 | 69 |
| Other Income | 0 | 2 | 1 | 2 | 2 | 1 | 2 | 2 | 0 | 3 | -1 |
| PBT | 7 | 10 | 13 | 15 | 24 | 22 | 14 | 13 | 13 | 12 | 11 |
| Sales | 83 | 155 | 179 | 216 | 262 | 345 | 386 | 439 | 460 | 561 | 624 |
| Tax % | 31% | 21% | 17% | 27% | 33% | 28% | 25% | 18% | 40% | 24% | — |
Balance Sheet
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Borrowings | 29 | 49 | 54 | 50 | 70 | 96 | 118 | 105 | 97 | 117 | 132 |
| CWIP | 1 | 5 | 1 | 6 | 19 | 7 | 6 | 1 | 1 | 13 | 13 |
| Equity Capital | 12 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 17 | 17 |
| Fixed Assets | 28 | 42 | 55 | 65 | 79 | 113 | 127 | 147 | 135 | 295 | 294 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Other Assets | 35 | 49 | 63 | 68 | 91 | 122 | 132 | 116 | 130 | 142 | 165 |
| Other Liabilities | 18 | 17 | 27 | 36 | 52 | 66 | 59 | 65 | 70 | 62 | 63 |
| Reserves | 5 | 17 | 24 | 41 | 54 | 66 | 75 | 81 | 86 | 254 | 261 |
| Total Assets | 63 | 96 | 119 | 139 | 189 | 242 | 265 | 264 | 267 | 450 | 474 |
| Total Liabilities | 63 | 96 | 119 | 139 | 189 | 242 | 265 | 264 | 267 | 450 | 474 |
Cash Flow
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| CFO/OP | 109 | 52 | 69 | 101 | 71 | 59 | 85 | 132 | 70 | 89 |
| Financing | -4 | 20 | 5 | -11 | 16 | 16 | 3 | -34 | -27 | 14 |
| Investing | -10 | -28 | -22 | -17 | -34 | -37 | -33 | -26 | -6 | -61 |
| Operating | 14 | 8 | 17 | 29 | 21 | 21 | 33 | 58 | 30 | 48 |
| Free Cash Flow | 4 | -9 | -5 | 12 | -14 | -17 | 0 | 31 | 23 | -1 |
| Net Cash Flow | 0 | 0 | 0 | 2 | 2 | 0 | 3 | -2 | -3 | 2 |
Ratios
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Conversion Cycle | 119 | 116 | 106 | 84 | 99 | 107 | 97 | 64 | 74 | 63 |
| Days Payable | 28 | 0 | 24 | 24 | 33 | 32 | 23 | 21 | 24 | 27 |
| Debtor Days | 62 | 60 | 66 | 55 | 64 | 61 | 59 | 51 | 58 | 35 |
| Inventory Days | 85 | 56 | 64 | 53 | 68 | 77 | 61 | 34 | 40 | 55 |
| ROCE % | — | 23% | 22% | 23% | 23% | 19% | 14% | 13% | 14% | — |
| Working Capital Days | 88 | 85 | 93 | 80 | 85 | 5 | 4 | 9 | 16 | -2 |
Documents
Financial Year 2011
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Financial Year 2015
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Financial Year 2014
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Financial Year 2012
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Financial Year 2025
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Financial Year 2013
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Rating update
30 Dec 2021 from crisil
30 Dec 2021 from crisil
Rating update
29 Sep 2021 from crisil
29 Sep 2021 from crisil
Rating update
27 Dec 2022 from crisil
27 Dec 2022 from crisil
Rating update
22 May 2025 from crisil
22 May 2025 from crisil
Rating update
22 Mar 2024 from crisil
22 Mar 2024 from crisil
Rating update
2 Jul 2025 from crisil
2 Jul 2025 from crisil
Announcement under Regulation 30 (LODR)-Change in Management
27 Mar - Re-appointment of Mr. Mehernosh Mehta as Whole-Time Director from March 17, 2026 to March 16, 2027.
27 Mar - Re-appointment of Mr. Mehernosh Mehta as Whole-Time Director from March 17, 2026 to March 16, 2027.
Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
23 Feb - Postal ballot to re-appoint Mehernosh Mehta as Whole Time Director Mar17,2026–Mar16,2027; remuneration Rs35.63 lakh p.a.; voting Feb24–Mar25,2026.
23 Feb - Postal ballot to re-appoint Mehernosh Mehta as Whole Time Director Mar17,2026–Mar16,2027; remuneration Rs35.63 lakh p.a.; voting Feb24–Mar25,2026.
Announcement under Regulation 30 (LODR)-Change in Management
12h - Re-appointment of Mr. Mehernosh Mehta as Whole-Time Director from March 17, 2026 to March 16, 2027.
12h - Re-appointment of Mr. Mehernosh Mehta as Whole-Time Director from March 17, 2026 to March 16, 2027.
Announcement under Regulation 30 (LODR)-Change in Management
10 Feb - Board approved audited Q3 and nine-month results; CFO Avan Chaina retires Feb 11, 2026; Mehernosh Mehta reappointed Mar 17, 2026.
10 Feb - Board approved audited Q3 and nine-month results; CFO Avan Chaina retires Feb 11, 2026; Mehernosh Mehta reappointed Mar 17, 2026.
Quarterly Results For December 2025
10 Feb - Approved audited Q3/9M results; consolidated 9M profit ₹630.14 lakh; CFO retires Feb 11, 2026.
10 Feb - Approved audited Q3/9M results; consolidated 9M profit ₹630.14 lakh; CFO retires Feb 11, 2026.
Frequently Asked Questions about Hitech Corporation Ltd
What does Hitech Corporation Ltd do?
Incorporated in 1991, Hitech Corporation Ltd manufactures rigid plastic packaging products[1]
Where is Hitech Corporation Ltd (HITECHCORP) listed?
Hitech Corporation Ltd is listed on the Indian stock exchanges. It is listed on NSE: HITECHCORP and BSE: 526217. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Hitech Corporation Ltd belong to?
Hitech Corporation Ltd operates in the Industrials sector within the Packaging industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Hitech Corporation Ltd?
Hitech Corporation Ltd has a market capitalisation of approximately ₹212.60 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Hitech Corporation Ltd?
The Price-to-Earnings (PE) ratio of Hitech Corporation Ltd is 29.90. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Hitech Corporation Ltd?
Over the past 52 weeks, Hitech Corporation Ltd has traded between a low of ₹112 and a high of ₹223.44. This range helps investors understand the stock's price volatility and recent trading levels.
Does Hitech Corporation Ltd pay dividends?
Yes, Hitech Corporation Ltd has a dividend yield of 0.78%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Hitech Corporation Ltd?
Hitech Corporation Ltd has a Return on Equity (ROE) of 8.35%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Hitech Corporation Ltd on Tapetide?
On Tapetide, you can view Hitech Corporation Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 1991, Hitech Corporation Ltd manufactures rigid plastic packaging products[1]
Website hitechgroup.com
CEO Mr. Malav Ashwin Dani
Employees 662
Listed 2007-12-20
Face Value ₹ 10
Issued Size 1,71,75,700