Hitech Corporation Ltd
Incorporated in 1991, Hitech Corporation Ltd manufactures rigid plastic packaging products[1]
- Market Cap ₹ 709 Cr.
- Current Price ₹ 413
- High / Low ₹ 425 / 112
- Stock P/E 37.3
- Book Value ₹ 166
- Dividend Yield 0.24 %
- ROCE 9.57 %
- ROE 5.71 %
- Face Value ₹ 10.0
Pros
Cons
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 83 | 155 | 179 | 216 | 262 | 345 | 386 | 439 | 460 | 561 | 640 | 701 | |
| Sales growth | +86% | +16% | +20% | +21% | +32% | +12% | +14% | +5% | +14% | +20% | ||
| 68 | 133 | 151 | 184 | 223 | 298 | 340 | 393 | 411 | 500 | 566 | 624 | |
| Operating Profit | 15 | 22 | 28 | 32 | 39 | 46 | 45 | 46 | 49 | 62 | 75 | 77 |
| OPM % | 18% | 14% | 16% | 15% | 15% | 13% | 12% | 11% | 11% | 11% | 12% | 11% |
| 0 | 2 | 1 | 2 | 2 | 1 | 2 | 2 | 0 | 3 | 3 | 4 | |
| Interest | 3 | 6 | 8 | 10 | 9 | 12 | 18 | 18 | 17 | 16 | 19 | 19 |
| Depreciation | 5 | 9 | 9 | 9 | 9 | 13 | 15 | 17 | 18 | 36 | 40 | 40 |
| Profit before tax | 7 | 10 | 13 | 15 | 24 | 22 | 14 | 13 | 13 | 12 | 19 | 22 |
| Tax % | 31% | 21% | 17% | 27% | 33% | 28% | 25% | 18% | 40% | 24% | 21% | |
| 5 | 8 | 11 | 11 | 16 | 16 | 10 | 10 | 8 | 9 | 15 | 18 | |
| EPS in Rs | 5.58 | 7.23 | 7.73 | 11.34 | 10.94 | 8.08 | 6.86 | 4.82 | 5.21 | 8.84 | 10.22 | |
| Dividend Payout % | 21% | 14% | 14% | 14% | 13% | 15% | 20% | 23% | 19% | 19% | 11% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 77% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 10% |
| 3 Years: | 13% |
| 1 Year: | 120% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 17 | 17 |
| Reserves | 5 | 17 | 24 | 41 | 54 | 66 | 75 | 81 | 86 | 254 | 267 |
| 29 | 49 | 54 | 50 | 70 | 96 | 118 | 105 | 97 | 117 | 137 | |
| 18 | 17 | 27 | 36 | 52 | 66 | 59 | 65 | 70 | 62 | 67 | |
| Total Liabilities | 63 | 96 | 119 | 139 | 189 | 242 | 265 | 264 | 267 | 450 | 489 |
| 28 | 42 | 55 | 65 | 79 | 113 | 127 | 147 | 135 | 295 | 290 | |
| CWIP | 1 | 5 | 1 | 6 | 19 | 7 | 6 | 1 | 1 | 13 | 12 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| 35 | 49 | 63 | 68 | 91 | 122 | 132 | 116 | 130 | 142 | 185 | |
| Total Assets | 63 | 96 | 119 | 139 | 189 | 242 | 265 | 264 | 267 | 450 | 489 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 14 | 8 | 17 | 29 | 21 | 21 | 33 | 58 | 30 | 48 | 44 | |
| -10 | -28 | -22 | -17 | -34 | -37 | -33 | -26 | -6 | -61 | -47 | |
| -4 | 20 | 5 | -11 | 16 | 16 | 3 | -34 | -27 | 14 | 7 | |
| Net Cash Flow | -0 | 0 | 0 | 2 | 2 | -0 | 3 | -2 | -3 | 2 | 3 |
| Free Cash Flow | 4 | -9 | -5 | 12 | -14 | -17 | 0 | 31 | 23 | -1 | 8 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 109% | 52% | 69% | 101% | 71% | 59% | 85% | 132% | 70% | 89% | 62% |
Ratios
Consolidated / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 62 | 60 | 66 | 55 | 64 | 61 | 59 | 51 | 58 | 35 | 41 |
| Inventory Days | 85 | 56 | 64 | 53 | 68 | 77 | 61 | 34 | 40 | 55 | 68 |
| Days Payable | 28 | 0 | 24 | 24 | 33 | 32 | 23 | 21 | 24 | 27 | 33 |
| Cash Conversion Cycle | 119 | 116 | 106 | 84 | 99 | 107 | 97 | 64 | 74 | 63 | 77 |
| Working Capital Days | 88 | 85 | 93 | 80 | 85 | 5 | 4 | 9 | 16 | -2 | 14 |
| ROCE % | 23% | 22% | 23% | 23% | 19% | 14% | 13% | 14% | 10% |
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 ・Standalone data |
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| Top Five Customers Revenue Share % ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Board Meeting Intimation for Consideration Of The Financial Results Of The Company For The Quarter And Half Year Ended 30Th September, 2026.
- Board meeting on 13 November 2026 to approve Q2 and half-year results; trading window reopens after 48 hours.
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Disclosure Under Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015
- Geetanjali Trading acquired 30,09,593 shares on 23 Oct 2026 under Hitech's voluntary delisting offer.
- Disclosures under Reg. 10(6) of SEBI (SAST) Regulations, 2011
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Disclosures under Reg. 29(1) & 29(2) of SEBI (SAST) Regulations, 2011
- The the disclosure under Regulation 29(1) & 29(2) of SEBI (SAST) Regulations, 2011 for Geetanjali Trading & Investments Pvt Ltd
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Receipt Of Corrigendum To Outcome Of Reverse Book Building Process ("RBBP") Issued In Accordance Regulation 17(3) And Other Applicable Provisions With SEBI (Delisting Of Equity Shares) Regulations, 2021, As Amended ('SEBI Delisting Regulations') And To Post Offer Public Announcement ('Post Offer PA') Issued In Accordance Regulation 17(4) And Other Applicable Provisions Of SEBI Delisting Regulations For The Delisting Of The Equity Shares Of Hitech Corporation Limited ("The Company').
- Corrigendum updates delisting RBBP: 30,09,593 shares validly tendered; delisting offer remains successful.
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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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