Hitech Corporation Ltd

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Hitech Corp. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents
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Hitech Corporation Ltd

₹ 410 -0.15%
22 Oct - close price
hitechgroup.com BSE: 526217 NSE: HITECHCORP
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

Website BSE NSE - BE
  • Market Cap ₹ 705 Cr.
  • Current Price ₹ 410
  • High / Low ₹ 425 / 112
  • Stock P/E 57.7
  • Book Value ₹ 161
  • Dividend Yield 0.24 %
  • ROCE 7.16 %
  • ROE 3.16 %
  • Face Value ₹ 10.0
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Pros

Cons

  • Stock is trading at 2.55 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 5.52% over past five years.
  • Tax rate seems low
  • Company has a low return on equity of 4.60% 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

Industrials Capital Goods Industrial Products Packaging

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
150.38 143.49 129.30 138.63 142.62 146.51 123.00 137.30 152.82 148.28 131.54 151.61 210.84
129.78 125.82 115.45 118.16 126.31 129.60 109.79 123.99 134.77 132.24 120.08 133.08 189.40
Operating Profit 20.60 17.67 13.85 20.47 16.31 16.91 13.21 13.31 18.05 16.04 11.46 18.53 21.44
OPM % 13.70% 12.31% 10.71% 14.77% 11.44% 11.54% 10.74% 9.69% 11.81% 10.82% 8.71% 12.22% 10.17%
0.16 0.08 0.67 0.50 1.67 0.36 0.97 -0.35 0.38 0.17 -1.79 2.42 1.14
Interest 3.56 3.61 3.49 3.60 3.95 4.10 3.90 4.11 4.49 4.80 4.47 4.62 4.98
Depreciation 6.93 7.22 7.52 8.04 8.68 9.09 9.06 9.19 9.31 9.42 9.49 9.52 9.60
Profit before tax 10.27 6.92 3.51 9.33 5.35 4.08 1.22 -0.34 4.63 1.99 -4.29 6.81 8.00
Tax % 25.22% 25.43% 27.92% 28.72% 24.30% 28.68% -16.39% 23.53% 26.35% 24.12% -23.54% 6.31% 22.75%
7.68 5.15 2.53 6.64 4.05 2.92 1.43 -0.42 3.40 1.51 -3.27 6.38 6.18
EPS in Rs 4.47 3.00 1.47 3.87 2.36 1.70 0.83 -0.24 1.98 0.88 -1.90 3.71 3.60
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
465 393 367 388 462 460 447 588 559 562 549 584 642
425 347 332 351 410 400 383 502 486 490 490 520 575
Operating Profit 40 45 35 37 52 60 64 86 73 72 60 64 67
OPM % 9% 12% 10% 10% 11% 13% 14% 15% 13% 13% 11% 11% 10%
1 1 1 6 15 -3 7 11 7 2 3 1 2
Interest 16 10 9 14 20 24 19 16 14 14 16 18 19
Depreciation 16 16 13 18 21 30 30 30 29 30 36 38 38
Profit before tax 9 20 14 12 26 4 22 50 37 30 10 9 13
Tax % 25% 30% 31% 35% 36% 34% 24% 26% 24% 27% 23% 12%
7 14 9 8 16 2 17 37 28 22 8 8 11
EPS in Rs 4.47 8.22 5.45 4.52 9.55 1.37 9.87 21.77 16.49 12.81 4.65 4.67 6.29
Dividend Payout % 20% 11% 17% 20% 9% 0% 10% 5% 6% 8% 22% 21%
Compounded Sales Growth
10 Years: 4%
5 Years: 6%
3 Years: 2%
TTM: 15%
Compounded Profit Growth
10 Years: -5%
5 Years: -8%
3 Years: -30%
TTM: 42%
Stock Price CAGR
10 Years: 7%
5 Years: 14%
3 Years: 17%
1 Year: 117%
Return on Equity
10 Years: 7%
5 Years: 7%
3 Years: 5%
Last Year: 3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 15 17 17 17 17 17 17 17 17 17 17 17
Reserves 131 118 127 133 147 148 165 200 226 246 253 259
69 68 108 166 185 183 148 99 63 80 114 136
34 30 51 39 55 37 39 38 34 45 56 61
Total Liabilities 249 234 303 355 404 386 369 354 340 389 440 472
121 97 139 156 235 276 251 245 228 256 273 270
CWIP 2 2 8 44 39 2 3 2 6 15 13 12
Investments 0 0 0 0 0 0 0 0 0 1 29 28
126 135 156 155 130 108 114 107 106 117 127 163
Total Assets 249 234 303 355 404 386 369 354 340 389 440 472

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
39 41 37 43 86 56 65 73 69 55 47 37
-4 -7 -63 -80 -84 -25 -9 -6 -16 -48 -64 -45
-33 -35 27 41 -6 -31 -52 -65 -52 -8 16 8
Net Cash Flow 2 -1 1 3 -5 1 4 2 2 -2 -0 0
Free Cash Flow 32 33 -26 -38 1 31 55 67 53 7 -2 3
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit 108% 106% 122% 125% 178% 97% 110% 103% 110% 86% 87% 57%

Ratios

Standalone / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 58 57 87 71 44 34 36 27 24 28 30 38
Inventory Days 30 47 52 58 51 46 53 43 39 45 53 70
Days Payable 20 23 45 32 20 22 25 19 18 21 24 32
Cash Conversion Cycle 67 81 94 96 75 59 64 50 45 52 59 76
Working Capital Days 13 53 25 2 -10 -21 -22 0 7 6 -5 11
ROCE % 13% 15% 10% 9% 9% 9% 10% 17% 15% 13% 7% 7%

Insights

In beta
Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Number of Manufacturing Plants
count

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Total Permanent Employees
count
Asian Paints Customer Revenue Share
%
Installed Capacity
MTPA
Number of Customers Served
count
Product SKUs
count
Top Five Customers Revenue Share
%
Production Volume
MT

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Shareholding Pattern

Numbers in percentages

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
74.44% 74.44% 74.44% 74.44% 74.44% 74.44% 74.44% 74.44% 74.44% 74.44% 74.44% 74.44%
0.00% 0.10% 0.12% 0.15% 0.14% 0.12% 0.12% 0.15% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.13% 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%
25.54% 25.44% 25.44% 25.37% 25.36% 25.38% 25.38% 25.36% 25.51% 25.50% 25.41% 25.51%
No. of Shareholders 8,1758,1848,4368,5758,9269,4879,2859,2018,9058,7277,7206,864

* 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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