Hitech Corporation Ltd
Incorporated in 1991, Hitech Corporation Ltd manufactures rigid plastic packaging products[1]
- Market Cap ₹ 705 Cr.
- Current Price ₹ 410
- High / Low ₹ 425 / 112
- Stock P/E 37.1
- 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 | |
| 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: | 7% |
| 5 Years: | 14% |
| 3 Years: | 17% |
| 1 Year: | 117% |
| 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 | |
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| Number of Manufacturing Plants count ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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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.
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Post Offer Public Announcement Issued In Accordance Of Regulation 17(4) And Other Applicable Provisions Of ''SEBI Delisting Regulations'' For The Delisting Of The Equity Shares Of The Company.
- Hitech Corporation received post-offer PA; delisting deemed successful at Rs.426 per share on October 15, 2026.
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Post Offer Public Announcement Issued In Accordance Of Regulation 17(4) And Other Applicable Provisions Of 'SEBI Delisting Regulations' For The Delisting Of The Equity Shares Of The Company.
- Hitech Corporation delisting offer successful; exit price Rs426, payments due October 23, 2026.
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Outcome Of The Reverse Book Building Process Under Regulation 17(3) And Other Applicable Provisions Of The SEBI (Delisting Of Equity Shares) Regulations, 2021.
- Reverse book building ended; delisting successful if Acquirer accepts Rs.425 per share discovered price.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
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