Hitech Corporation Ltd

Hitech Corporation Ltd

₹ 192 0.10%
18 Jun 12:40 p.m.
About

Incorporated in 1991, Hitech Corporation Ltd manufactures rigid plastic packaging products[1]

Key Points

Business Overview:[1]
HCL is a part of Hitech Group of companies. It offers a wide range of rigid plastic packaging for industries such as paints and coatings, agrochemicals, personal care, home care, pharmaceuticals, food & beverage, oils and lubricants

  • Market Cap 329 Cr.
  • Current Price 192
  • High / Low 351 / 152
  • Stock P/E 38.4
  • Book Value 157
  • Dividend Yield 0.53 %
  • ROCE 7.46 %
  • ROE 3.22 %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 3.62% over past five years.
  • Company has a low return on equity of 7.36% over last 3 years.
  • Dividend payout has been low at 11.8% of profits over last 3 years

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
150.05 148.39 160.71 121.07 128.49 150.38 143.49 129.30 138.63 142.62 146.51 123.00 137.30
127.79 129.38 136.03 107.10 111.98 129.78 125.82 115.45 118.16 126.31 129.60 109.79 123.99
Operating Profit 22.26 19.01 24.68 13.97 16.51 20.60 17.67 13.85 20.47 16.31 16.91 13.21 13.31
OPM % 14.84% 12.81% 15.36% 11.54% 12.85% 13.70% 12.31% 10.71% 14.77% 11.44% 11.54% 10.74% 9.69%
0.17 0.17 0.43 0.24 4.71 0.16 0.08 0.67 0.50 1.67 0.36 0.97 -0.35
Interest 3.53 3.51 3.68 3.49 3.08 3.56 3.61 3.49 3.60 3.95 4.10 3.90 4.11
Depreciation 7.30 7.18 7.31 7.15 6.96 6.93 7.22 7.52 8.04 8.68 9.09 9.06 9.19
Profit before tax 11.60 8.49 14.12 3.57 11.18 10.27 6.92 3.51 9.33 5.35 4.08 1.22 -0.34
Tax % 28.02% 25.32% 25.71% 25.21% 21.02% 25.22% 25.43% 27.92% 28.72% 24.30% 28.68% -16.39% 23.53%
8.34 6.34 10.49 2.68 8.82 7.68 5.15 2.53 6.64 4.05 2.92 1.43 -0.42
EPS in Rs 4.86 3.69 6.11 1.56 5.14 4.47 3.00 1.47 3.87 2.36 1.70 0.83 -0.24
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
271 465 393 367 388 462 460 447 588 559 562 549
242 425 347 332 351 410 400 383 502 486 490 490
Operating Profit 29 40 45 35 37 52 60 64 86 73 72 60
OPM % 11% 9% 12% 10% 10% 11% 13% 14% 15% 13% 13% 11%
0 1 1 1 6 15 -3 7 11 7 2 3
Interest 14 16 10 9 14 20 24 19 16 14 14 16
Depreciation 10 16 16 13 18 21 30 30 30 29 30 36
Profit before tax 6 9 20 14 12 26 4 22 50 37 30 10
Tax % 33% 25% 30% 31% 35% 36% 34% 24% 26% 24% 27% 23%
4 7 14 9 8 16 2 17 37 28 22 8
EPS in Rs 2.84 4.47 8.22 5.45 4.52 9.55 1.37 9.87 21.77 16.49 12.81 4.65
Dividend Payout % 32% 20% 11% 17% 20% 9% 0% 10% 5% 6% 8% 22%
Compounded Sales Growth
10 Years: 2%
5 Years: 4%
3 Years: -2%
TTM: -2%
Compounded Profit Growth
10 Years: 2%
5 Years: 18%
3 Years: -34%
TTM: -60%
Stock Price CAGR
10 Years: 8%
5 Years: 17%
3 Years: -5%
1 Year: -11%
Return on Equity
10 Years: 8%
5 Years: 9%
3 Years: 7%
Last Year: 3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 13 15 17 17 17 17 17 17 17 17 17 17
Reserves 71 131 118 127 133 147 148 165 200 226 246 253
71 69 68 108 166 185 183 148 99 63 80 114
21 34 30 51 39 55 37 39 38 34 45 56
Total Liabilities 177 249 234 303 355 404 386 369 354 340 389 440
78 121 97 139 156 235 276 251 245 228 256 273
CWIP 1 2 2 8 44 39 2 3 2 6 15 13
Investments 34 0 0 0 0 0 0 0 0 0 1 29
63 126 135 156 155 130 108 114 107 106 117 127
Total Assets 177 249 234 303 355 404 386 369 354 340 389 440

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
17 39 41 37 43 86 56 65 73 69 55 47
-6 -4 -7 -63 -80 -84 -25 -9 -6 -16 -48 -64
-13 -33 -35 27 41 -6 -31 -52 -65 -52 -8 16
Net Cash Flow -1 2 -1 1 3 -5 1 4 2 2 -2 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 45 58 57 87 71 44 34 36 27 24 27 30
Inventory Days 35 30 47 52 58 51 46 53 43 39 45 53
Days Payable 20 20 23 45 32 20 22 25 19 18 21 24
Cash Conversion Cycle 60 67 81 94 96 75 59 64 50 45 52 59
Working Capital Days 32 54 76 80 68 39 30 16 37 38 38 41
ROCE % 13% 13% 15% 10% 9% 9% 9% 10% 17% 15% 13% 7%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
74.43% 74.44% 74.44% 74.44% 74.44% 74.44% 74.44% 74.44% 74.44% 74.44% 74.44% 74.44%
0.00% 0.00% 0.00% 0.00% 0.03% 0.00% 0.00% 0.10% 0.12% 0.15% 0.14% 0.12%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.04% 0.04% 0.04%
0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02%
25.55% 25.55% 25.55% 25.54% 25.51% 25.56% 25.54% 25.44% 25.44% 25.37% 25.36% 25.38%
No. of Shareholders 7,8487,8097,8857,7347,8277,4418,1758,1848,4368,5758,9269,487

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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