Hitech Corporation Ltd
Incorporated in 1991, Hitech Corporation Ltd manufactures rigid plastic packaging products[1]
- 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.
Peer comparison
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - Annual Secretarial Compliance Report for FY ended March 31, 2025, confirming regulatory adherence.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
28 May - Copies of Newspaper containing publication of financial results for the fourth quarter and year ending 31st March, 2025
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Announcement under Regulation 30 (LODR)-Newspaper Publication
27 May - Copies of notices published in newspaper dated 24th May, 2025, for the attention of shareholders regarding transfer of shares to IEPF . The notices were …
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Announcement under Regulation 30 (LODR)-Change in Management
26 May - Appointment of Nilesh Shah & Associates as Secretarial Auditor for FY 2025-26 to FY 2029-30.
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Board Meeting Outcome for Outcome Of Board Meeting Dated 26Th May, 2025
26 May - Audited FY25 results approved; 10% dividend recommended; new chairman appointed; Sarigam unit closure cost Rs 154.91 lakhs.
Annual reports
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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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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from nse
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Financial Year 2011
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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