Hitech Corporation Limited share price
Hitech Corporation Limited engages in rigid plastic packaging solution business in India. The company offers bottles, cans, caps and closures, custom enhancement, drums, jars, and pails for paints and coatings, lubricants, agrochemicals, food and beverages, pharmaceuticals, nutraceuticals, personal and home care, specialty chemicals and industrial applications. The company was formerly known as Hitech Plast Limited and changed its name to Hitech Corporation Limited in May 2017. Hitech Corporation Limited was incorporated in 1991 and is headquartered in Mumbai, India. Hitech Corporation Limited is a subsidiary of Geetanjali Trading and Investments Private Limited.Read more
- Market Cap₹ 711 Cr.
- Current Price₹ 413.75
- High / Low₹ 419 / 112
- Stock P/E40.5
- Book Value₹ 166
- Dividend Yield0.24 %
- ROCE10.6 %
- ROE5.50 %
- Face Value₹ 10.0
More figures (10)
- EPS (TTM)₹ 10.22
- Price / Book2.50
- OPM5.7 %
- Debt / Equity0.48
- Sales growth (3Y)4.7 %
- Profit growth (3Y)-18.8 %
- Promoter holding76.7 %
- EV / EBITDA10.7
- Beta0.79
- All-time high₹ 411
Price chart
| Returns | 1M | 3M | 6M | YTD | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| HITECHCORP | +25.19% | +28.81% | +187.75% | +145.88% | +116.10% | +18.63% | +12.42% |
| Nifty 50 | -0.31% | -3.85% | -4.34% | -11.42% | -9.53% | +5.46% | +4.76% |
Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.
Quick take
- Hitech Corporation Limited is in the Packaging & Containers industry (Consumer Cyclical), with a market value of ₹711 crore.
- It trades at 40.5 times its last 12 months' earnings and 2.5 times book value.
- Revenue grew 4.7% a year over the last 3 years, profit -18.8% a year.
- Return on equity was 5.5% and return on capital employed 10.6% in the latest year.
- Debt was 0.48 times shareholders' equity.
- The share price is 1.2% below its 52-week high and up 116.1% over one year.
- Promoters and insiders hold about 76.7%; institutions about 0.0%.
Pros
AI- Latest quarter (Jun 2026): sales up 37% and profit up 50% from a year ago.
- Promoters hold a large stake of 74.43%.
Cons
AI- Return on equity has been low: 5.8% on average over the last 3 years.
- Interest cover is thin: operating earnings are 2.2 times the interest cost.
Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.
About Hitech Corporation Limited
Hitech Corporation Limited engages in rigid plastic packaging solution business in India. The company offers bottles, cans, caps and closures, custom enhancement, drums, jars, and pails for paints and coatings, lubricants, agrochemicals, food and beverages, pharmaceuticals, nutraceuticals, personal and home care, specialty chemicals and industrial applications. The company was formerly known as Hitech Plast Limited and changed its name to Hitech Corporation Limited in May 2017. Hitech Corporation Limited was incorporated in 1991 and is headquartered in Mumbai, India. Hitech Corporation Limited is a subsidiary of Geetanjali Trading and Investments Private Limited.
- Employees
- 633
- Head office
- Mumbai
Peer comparison
Consumer CyclicalPackaging & Containers
| S.No. | Company | CMP ₹ | P/E | Mar Cap ₹ Cr | Div Yld % | NP Qtr ₹ Cr | Qtr Profit Var % | Sales Qtr ₹ Cr | Qtr Sales Var % | ROCE % | ROE % | P/B | OPM % | Debt / Eq | Prom. Hold. % | Sales ₹ Cr | Sales Var 3Yrs % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Hitech Corporation | 413.75 | 40.5 | 711 | 0.24 | 7 | 49.72 | 226 | 36.85 | 10.6 | 5.5 | 2.50 | 5.7 | 0.48 | 76.73 | 640 | 4.7 |
| 2. | EPL | 232.07 | 19.2 | 7,446 | 2.12 | 99 | -1.40 | 1,388 | 25.27 | 16.8 | 14.9 | 2.60 | 12.2 | 0.34 | 29.89 | 4,763 | 9.1 |
| 3. | AGI Greenpac | 752.05 | 13.4 | 4,866 | 0.93 | 99 | 11.82 | 785 | 14.19 | 18.2 | 15.6 | 2.02 | 18.0 | 0.10 | 70.75 | 2,665 | 5.5 |
| 4. | Knack Packaging | 207.10 | 24.7 | 2,534 | 0.00 | 31 | — | 262 | — | 38.3 | 35.5 | 6.72 | 15.0 | 0.67 | 78.86 | 816 | 16.6 |
| 5. | Mold-Tek Packaging | 315.85 | 27.6 | 2,099 | 0.96 | 26 | 14.17 | 300 | 24.90 | 14.2 | 11.0 | 3.04 | 13.0 | 0.31 | 39.20 | 887 | 6.7 |
| 6. | Borosil Scientific | 107.42 | 22.1 | 956 | 0.00 | 4 | — | 107 | 11.23 | 9.6 | 8.2 | 2.16 | 10.6 | 0.02 | 73.74 | 467 | 68.2 |
| Median: 6 Co. | 273.96 | 23.4 | 2,317 | 0.59 | 28 | 13.00 | 281 | 24.90 | 15.5 | 13.0 | 2.55 | 12.6 | 0.33 | 72.25 | 851 | 7.9 |
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Quarterly Results
Consolidated figures in ₹ croreStandalone figures in ₹ crore /
Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.
Profit & Loss
Consolidated figures in ₹ croreStandalone figures in ₹ crore /
Projection — your assumptions
Starts from the last four reported quarters (TTM) and applies the figures you enter; growth is pre-filled with the company's own past sales growth. This is a what-if calculator for illustration, not a forecast, estimate or recommendation.
Related party transactions
Related-party transactions are dealings with promoters, directors, subsidiaries and associates. Companies disclose them to the exchanges every half-year and in detail in the notes to their annual report.
- Related Party TransactionsHitech Corporation Limited has informed the Exchange about related Party Transactions for the Half Year ended 31st March, 202317-May-2023
- Related Party TransactionHitech Corporation Limited has informed the Exchange about related party transaction for the period ended September 202222-Nov-2022
- Related Party TransactionHitech Corporation Limited has informed the Exchange about related party transaction for the period ended March 202228-May-2022
- Related Party TransactionsHitech Corporation Limited has informed the Exchange about related Party Transactions for the half year ended 31st March, 202111-Jun-2021
- Related Party TransactionsHitech Corporation Limited has informed the Exchange about related Party Transactions for the half year ended 30th September, 2020, pursuant to Regulation 23(9) of SEBI (Listing O…08-Dec-2020
- Related Party TransactionsHitech Corporation Limited has informed the Exchange about related Party Transactions for the half year ended 31st March, 2020, pursuant to Regulation 23(9) of SEBI (Listing Oblig…15-Jul-2020
- Related Party TransactionsHitech Corporation Limited has informed the Exchange regarding Disclosure on Related Party Transactions for the half year ended September 30, 2019, pursuant to Regulation 23(9) of…27-Nov-2019
- Related Party TransactionsHitech Corporation Limited has submitted to the Exchange a copy of half yearly disclosure on Related Party Transactions for the half year ended March 31, 2019, pursuant to Regulat…07-Jun-2019
Full details: notes to the Financial Year 2026 annual report (related party disclosures).
| ₹ Cr | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|
| 561 | 640 | 701 | |
| YOY Sales Growth % | 14.07% | ||
| 500 | 566 | 624 | |
| Material Cost % | 61% | 60% | 61% |
| Employee Cost % | 8% | 8% | 8% |
| Other Expenses % | 20% | 20% | 20% |
| Operating Profit | 62 | 75 | 77 |
| OPM % | 11% | 12% | 11% |
| 3 | 4 | 5 | |
| Exceptional items | -1 | -1 | -1 |
| Interest | 16 | 19 | 19 |
| Depreciation | 36 | 40 | 40 |
| Profit before tax | 12 | 19 | 22 |
| 24% | 21% | 20% | |
| Current tax | 3 | 6 | |
| Deferred tax | -0 | -2 | |
| 9 | 15 | 18 | |
| YOY Profit Growth % | 69.96% | ||
| EPS in Rs | 5.20 | 8.84 | 10.22 |
Compounded Sales Growth
- TTM:
- 20%
Compounded Profit Growth
- TTM:
- 79%
Stock Price CAGR
- 5 Years:
- 12%
- 3 Years:
- 19%
- 1 Year:
- 116%
Return on Equity
- 4 Years:
- 7%
- Last Year:
- 6%
| ₹ Cr | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 104 | 104 | 462 | 460 | 447 | 588 | 559 | 562 | 549 | 584 | 642 | |
| YOY Sales Growth % | 342.93% | -0.39% | -2.83% | 31.62% | -5.06% | 0.56% | -2.20% | 6.34% | |||
| 97 | 97 | 410 | 400 | 383 | 503 | 484 | 489 | 490 | 520 | 575 | |
| Material Cost % | 57% | 57% | 62% | 60% | 59% | 63% | 63% | 60% | 61% | 61% | 62% |
| Employee Cost % | 6% | 6% | 7% | 7% | 6% | 5% | 6% | 7% | 8% | 8% | 8% |
| Other Expenses % | 30% | 30% | 20% | 21% | 20% | 17% | 18% | 20% | 20% | 20% | 20% |
| Operating Profit | 7 | 7 | 52 | 60 | 64 | 86 | 74 | 72 | 60 | 64 | 67 |
| OPM % | 7% | 7% | 11% | 13% | 14% | 15% | 13% | 13% | 11% | 11% | 11% |
| 0 | 0 | 15 | 1 | 1 | 1 | 2 | 2 | 3 | 3 | 3 | |
| Exceptional items | -3 | 6 | 10 | 4 | -1 | -1 | -1 | ||||
| Interest | 3 | 3 | 20 | 24 | 19 | 16 | 14 | 14 | 16 | 18 | 19 |
| Depreciation | 3 | 3 | 21 | 30 | 30 | 30 | 29 | 30 | 36 | 38 | 38 |
| Profit before tax | 2 | 2 | 26 | 4 | 22 | 50 | 37 | 30 | 10 | 9 | 13 |
| -11% | -11% | 36% | 34% | 24% | 26% | 24% | 27% | 23% | 12% | 14% | |
| Current tax | -1 | -1 | 5 | 1 | 7 | 14 | 9 | 8 | 3 | 4 | |
| Deferred tax | 1 | 1 | 5 | 1 | -2 | -1 | -0 | -0 | -0 | -2 | |
| 2 | 2 | 16 | 2 | 17 | 37 | 28 | 22 | 8 | 8 | 11 | |
| YOY Profit Growth % | 821.00% | -85.62% | 618.81% | 120.51% | -24.25% | -22.33% | -63.73% | 0.53% | |||
| EPS in Rs | 1.04 | 1.04 | 9.55 | 1.37 | 9.87 | 21.77 | 16.49 | 12.81 | 4.65 | 4.67 | 6.29 |
| Dividend Payout % | 6% | 8% | 22% | 22% |
Compounded Sales Growth
- 5 Years:
- 5%
- 3 Years:
- 2%
- TTM:
- 15%
Compounded Profit Growth
- 5 Years:
- -14%
- 3 Years:
- -34%
- TTM:
- 47%
Stock Price CAGR
- 5 Years:
- 12%
- 3 Years:
- 19%
- 1 Year:
- 116%
Return on Equity
- 4 Years:
- 7%
- Last Year:
- 6%
Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.
Balance Sheet
Consolidated figures in ₹ crore, as at 31 March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 17 | 17 | 17 | 17 |
| Reserves | 226 | 246 | 254 | 267 |
| 63 | 80 | 117 | 137 | |
| Long term borrowings | 15 | 25 | 43 | 52 |
| Short term borrowings | 46 | 46 | 67 | 81 |
| 34 | 45 | 62 | 67 | |
| Trade payables | 17 | 19 | 26 | 34 |
| Current liabilities | 73 | 84 | 120 | 131 |
| Total Liabilities | 340 | 389 | 450 | 489 |
| 231 | 271 | 295 | 291 | |
| Gross block | 386 | 448 | 503 | 534 |
| Accumulated depreciation | 155 | 177 | 208 | 243 |
| Goodwill & intangibles | 0 | 0 | 9 | 8 |
| CWIP | 10 | 21 | 15 | 14 |
| 99 | 97 | 141 | 184 | |
| Inventories | 37 | 42 | 51 | 72 |
| Trade receivables | 37 | 42 | 55 | 72 |
| Cash & equivalents | 2 | 1 | 2 | 5 |
| Current assets | 87 | 95 | 119 | 164 |
| Total Assets | 340 | 389 | 450 | 489 |
Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.
Cash Flows
Consolidated figures in ₹ crore, financial years ending March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 69 | 55 | 48 | 44 | |
| Profit for the year | 28 | 22 | 9 | 15 |
| Working capital changes | 7 | -10 | -5 | -31 |
| Direct taxes paid | -11 | -7 | -7 | -2 |
| -16 | -48 | -62 | -47 | |
| Fixed assets purchased | -19 | -51 | -53 | -37 |
| Fixed assets sold | 1 | 1 | 3 | 1 |
| Investments purchased | -1 | -12 | ||
| Investments sold | 0 | 0 | 1 | |
| -52 | -8 | 14 | 7 | |
| Proceeds from borrowings | 23 | 32 | 33 | |
| Repayment of borrowings | -31 | -23 | -17 | -18 |
| Interest paid | -14 | -14 | -15 | -19 |
| Dividends paid | -2 | -2 | -2 | -2 |
| Net Cash Flow | 2 | -2 | 0 | 3 |
| Free Cash Flow | 51 | 3 | -5 | 7 |
Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.
Ratios
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| ROE | 11.6% | 8.7% | 3.3% | 5.5% |
| ROCE | 19.2% | 14.5% | 8.5% | 10.6% |
| Operating margin | 8.5% | 7.6% | 4.7% | 5.7% |
| Net margin | 5.1% | 3.9% | 1.6% | 2.4% |
| Debt / equity | 0.26 | 0.31 | 0.43 | 0.48 |
| Current ratio | 1.19 | 1.13 | 0.99 | 1.25 |
| Debtor days | 24 | 28 | 36 | 41 |
| Inventory days | 38 | 44 | 53 | 67 |
| Days payable | 17 | 20 | 27 | 32 |
| Cash conversion cycle | 45 | 52 | 62 | 76 |
| Working capital days | 9 | 7 | 0 | 19 |
Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.
Shareholding Pattern
Numbers in percentages · as filed with NSE each quarter
- Promoters 74.43%
- DIIs 0.13%
- Government 0.02%
- Public 25.41%
| % | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 74.43% | 74.43% | 74.43% | 74.43% | 74.43% | 74.43% | 74.43% | 74.43% | 74.43% | 74.43% | 74.43% | 74.43% |
| 0.10% | 0.12% | 0.15% | 0.14% | 0.12% | 0.12% | 0.15% | ||||||
| Foreign portfolio investors (Cat. I) | 0.10% | 0.12% | 0.15% | 0.14% | 0.12% | 0.12% | 0.15% | |||||
| 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.13% | |
| Alternative investment funds | 0.09% | |||||||||||
| Government | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% |
| 25.51% | 25.51% | 25.40% | 25.39% | 25.36% | 25.36% | 25.38% | 25.39% | 25.35% | 25.51% | 25.51% | 25.41% | |
| Retail (up to ₹2 lakh) | 11.92% | 13.23% | 12.96% | 13.71% | 14.22% | 14.35% | 14.61% | 14.31% | 13.94% | 13.66% | 13.53% | 10.85% |
| HNIs (above ₹2 lakh) | 7.42% | 5.88% | 5.99% | 5.04% | 4.48% | 4.47% | 4.66% | 4.95% | 5.32% | 5.71% | 5.81% | 7.12% |
| NRIs | 1.60% | 1.78% | 1.78% | 1.86% | 1.87% | 1.77% | 1.68% | 1.64% | 1.59% | 1.61% | 1.53% | 1.02% |
| Bodies corporate | 1.25% | 1.40% | 1.36% | 1.37% | 1.34% | 1.26% | 1.21% | 1.16% | 1.14% | 1.17% | 1.17% | 2.26% |
| IEPF | 0.78% | 0.82% | 0.82% | 0.82% | 0.82% | 0.87% | 0.87% | 0.87% | 0.87% | 0.94% | 0.93% | 0.93% |
| No. of Shareholders | 7,441 | 8,175 | 8,184 | 8,436 | 8,575 | 8,926 | 9,487 | 9,285 | 9,201 | 8,905 | 8,727 | 7,720 |
Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.
Documents
Announcements
- General UpdatesHitech Corporation Limited has informed the Exchange about Receipt of Post Offer Public Announcement ("Post Offer PA") issued in accordance Regulation 17(4) and other applicable p…15-Oct-2026
- General UpdatesHitech Corporation Limited has informed the Exchange about Receipt of post offer public announcement ( Post Offer PA ) issued in accordance Regulation 17(4) and other applicable p…15-Oct-2026
- General UpdatesHitech Corporation Limited has informed the Exchange about Outcome Of The Reverse Book building Process Under Regulation 17(3) And Other Applicable Provisions Of The Securities An…13-Oct-2026
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Hitech Corporation Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 201813-Oct-2026
- Copy of Newspaper PublicationHitech Corporation Limited has informed the Exchange about Copy of Newspaper Publication of recommendations of Independent Director's Committee on Voluntary Delisting as per Regul…01-Oct-2026
- General UpdatesHitech Corporation Limited has informed the Exchange about recommendations of Independent Director's Committee as per Regulation 28 of SEBI Delisting Regulations.30-Sep-2026
- UpdatesKreo Capital Private Limited has Submitted to the Exchange a copy of Letter of Offer.30-Sep-2026
- General UpdatesHitech Corporation Limited has informed the Exchange about General Updates29-Sep-2026
- General UpdatesHitech Corporation Limited has informed the Exchange about General Updates29-Sep-2026
- Trading WindowHitech Corporation Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201529-Sep-2026
- General UpdatesHitech Corporation Limited has informed the Exchange about Publication of Detailed Public Announcement28-Sep-2026
- General UpdatesHitech Corporation Limited has informed the Exchange about receipt of In-principle approval from both the stock exchanges as per Regulation 21 of SEBI Delisting Regulations.25-Sep-2026
Annual reports
- Financial Year 202602-SEP-2026
- Financial Year 202502-JUL-2025
- Financial Year 202403-JUL-2024
- Financial Year 2023
- Financial Year 2022
- Financial Year 2021
- Financial Year 2020
- Financial Year 2019
- Financial Year 201818-JUL-2018
- Financial Year 201721-AUG-2017
Credit ratings
- Credit RatingHitech Corporation Limited has informed the Exchange about Credit Rating24-Apr-2024
- Credit RatingHitech Plast Limited has informed the Exchange that the Credit Analysis & Research Ltd. (CARE) has given a Rating to the proposed Fixed Deposits Issue of the Company of CARE A+ (F…22-May-2015
Concalls & investor meets
None filed recently.
Filings made by the company with NSE; documents open on NSE's website.
Key dates
- Ex-dividend date
- 4 Sep 2026
- Latest quarter
- 30 Jun 2026
- Financial year end
- 31 Mar 2026
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Latest news
In the news
From the company (NSE)
- General UpdatesHitech Corporation Limited has informed the Exchange about Receipt of Post Offer Public Announcement ("Post Offer PA") issued in accordance Regulation 17(4) and other applicable p…NSE filing · 15-Oct-2026
- General UpdatesHitech Corporation Limited has informed the Exchange about Receipt of post offer public announcement ( Post Offer PA ) issued in accordance Regulation 17(4) and other applicable p…NSE filing · 15-Oct-2026
- General UpdatesHitech Corporation Limited has informed the Exchange about Outcome Of The Reverse Book building Process Under Regulation 17(3) And Other Applicable Provisions Of The Securities An…NSE filing · 13-Oct-2026
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Hitech Corporation Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018NSE filing · 13-Oct-2026
- Copy of Newspaper PublicationHitech Corporation Limited has informed the Exchange about Copy of Newspaper Publication of recommendations of Independent Director's Committee on Voluntary Delisting as per Regul…NSE filing · 01-Oct-2026
- General UpdatesHitech Corporation Limited has informed the Exchange about recommendations of Independent Director's Committee as per Regulation 28 of SEBI Delisting Regulations.NSE filing · 30-Sep-2026
- UpdatesKreo Capital Private Limited has Submitted to the Exchange a copy of Letter of Offer.NSE filing · 30-Sep-2026
- General UpdatesHitech Corporation Limited has informed the Exchange about General UpdatesNSE filing · 29-Sep-2026
Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.
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