Hitech Corporation Ltd
Incorporated in 1991, Hitech Corporation Ltd manufactures rigid plastic packaging products[1]
- Market Cap ₹ 540 Cr.
- Current Price ₹ 314
- High / Low ₹ 325 / 112
- Stock P/E 33.4
- Book Value ₹ 166
- Dividend Yield 0.32 %
- ROCE 9.66 %
- ROE 5.83 %
- 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 83 | 155 | 179 | 216 | 262 | 345 | 386 | 439 | 460 | 561 | 640 | |
| 68 | 133 | 151 | 184 | 223 | 298 | 340 | 393 | 411 | 500 | 566 | |
| Operating Profit | 15 | 22 | 28 | 32 | 39 | 46 | 45 | 46 | 49 | 62 | 75 |
| OPM % | 18% | 14% | 16% | 15% | 15% | 13% | 12% | 11% | 11% | 11% | 12% |
| 0 | 2 | 1 | 2 | 2 | 1 | 2 | 2 | 0 | 3 | 3 | |
| Interest | 3 | 6 | 8 | 10 | 9 | 12 | 18 | 18 | 17 | 16 | 19 |
| Depreciation | 5 | 9 | 9 | 9 | 9 | 13 | 15 | 17 | 18 | 36 | 40 |
| Profit before tax | 7 | 10 | 13 | 15 | 24 | 22 | 14 | 13 | 13 | 12 | 19 |
| Tax % | 31% | 21% | 17% | 27% | 33% | 28% | 25% | 18% | 40% | 24% | 21% |
| 5 | 8 | 11 | 11 | 16 | 16 | 10 | 10 | 8 | 9 | 15 | |
| EPS in Rs | 5.58 | 7.23 | 7.73 | 11.34 | 10.94 | 8.08 | 6.86 | 4.82 | 5.21 | 8.84 | |
| Dividend Payout % | 21% | 14% | 14% | 14% | 13% | 15% | 20% | 23% | 19% | 19% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 104% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 12% |
| 3 Years: | 14% |
| 1 Year: | 63% |
| 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 | 291 | |
| 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/OP | 109% | 52% | 69% | 101% | 71% | 59% | 85% | 132% | 70% | 89% | 62% |
Ratios
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtors Turnover Ratio Times |
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| Number of Permanent Employees Count ・Standalone data |
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| Number of Manufacturing Locations Count |
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| Revenue Contribution from Largest Customer (Asian Paints) % |
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| Customer Base Count |
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| Product SKUs Count |
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Extracted by Screener AI
Documents
Announcements
- Closure of Trading Window 1d
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Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015, As Amended
1d - Mrs. Prerana Jadhav appointed on 4 June 2026 for delisting due diligence, replacing Robert Pavrey & Associates LLP.
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Board Meeting Intimation for Prior Intimation In Accordance With Regulation 29 Of The SEBI (LODR) Regulations, 2015 ('SEBI Listing Regulations') And The SEBI (Delisting Of Equity Shares) Regulations, 2021 ('SEBI Delisting Regulations')
1d - Board meets on 9 June 2026 to consider voluntary delisting; indicative price ₹353 versus ₹252 floor.
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Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015.
28 May - Hitech Corporation disclosed voluntary delisting floor price of Rs 252 per share; indicative price Rs 353.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
28 May - Annual secretarial compliance report filed; two-day delay in Regulation 74(5) confirmation certificate filing noted.
Annual reports
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Financial Year 2025
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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
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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