Hitech Corp.

Which are the latest news on Hitech Corp.?

Why is Hitech Corporation Ltd falling/rising?

As of 05-Sep, Hitech Corporation Ltd's stock price is rising to 339.50, reflecting a year-to-date increase of 101.96% and strong investor interest as it approaches its 52-week high. The stock's performance is bolstered by increased delivery volume and consistent gains, indicating positive market sentiment.

As of 05-Sep, Hitech Corporation Ltd's stock price is rising, currently at 339.50, reflecting a change of 1.5 (0.44%) upwards. This upward movement can be attributed to several factors. Firstly, the stock has shown strong performance over various time frames, with a year-to-date increase of 101.96%, significantly outperforming the Sensex, which has declined by 10.21% during the same period. Additionally, the stock has gained 1.04% over the past week while the Sensex has fallen by 0.97%.<BR><BR>Today, the stock is close to its 52-week high, just 0.52% away from Rs 341.25, indicating strong investor interest. The stock has also outperformed its sector by 0.53% today and has been on a consecutive gain streak for the last two days, accumulating a total return of 1.65% in that period. Furthermore, Hitech Corporation Ltd is trading above its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which is a positive technical indicator.<BR><BR>Investor participation appears to be increasing, as evidenced by a 65.78% rise in delivery volume on September 3 compared to the 5-day average. This suggests that more investors are willing to hold the stock rather than trade it, which typically supports price increases. Overall, these factors contribute to the rising stock price of Hitech Corporation Ltd.

Who are in the management team of Hitech Corp.?

The management team of Hitech Corp. includes Ashwin S Dani (Chairman), Malav A Dani (Managing Director), Ina A Dani (Vice Chairman), and several independent and non-executive directors, along with a Company Secretary. This diverse team provides governance and strategic direction for the company.

The management team of Hitech Corp. includes the following members:<BR><BR>1. **Ashwin S Dani** - Chairman (Non-Executive)<BR>2. **Harish N Motiwalla** - Independent Director<BR>3. **Malav A Dani** - Managing Director<BR>4. **Jayendra Ratilal Shah** - Chairman (Non-Executive)<BR>5. **Mehernosh Adi Mehta** - Whole-time Director<BR>6. **Bomi Pesi Chinoy** - Independent Director<BR>7. **Aditya M Sheth** - Independent Director<BR>8. **Kalpana Vithaldas Merchant** - Independent Director<BR>9. **Ashish Roongta** - Company Secretary & Compliance Officer<BR>10. **Ina A Dani** - Vice Chairman<BR>11. **Prakash D Trivedi** - Non-Executive Director<BR><BR>This diverse team brings a range of expertise to the company, contributing to its governance and strategic direction.

What does Hitech Corp. do?

Hitech Corporation Ltd operates in the packaging industry and is classified as a micro-cap company with a market cap of INR 552 Cr. As of June 2026, it reported net sales of 226 Cr and a net profit of 7 Cr.

Overview: <BR>Hitech Corporation Ltd operates in the packaging industry and is classified as a micro-cap company.<BR><BR>History: <BR>Hitech Corporation Ltd was incorporated in October 1991 and was formerly known as Hi-Tech Plast Limited. The company changed its name to Hitech Corporation Limited, receiving a Certificate of Incorporation from the Registrar of Companies, Mumbai on 3rd May 2017. The most recent quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 226 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 7 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 552 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 30.00 <BR>Industry P/E: 18 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.45 <BR>Return on Equity: 5.84% <BR>Price to Book: 2.03 <BR><BR>Contact Details: <BR>Address: Unit 201 2nd Flr Welspun House, S B Marg Lower Parel (W) Mumbai Maharashtra : 400013 <BR>Tel: 91-22-40016500 <BR>Email: investor.help@hitechgroup.com <BR>Website: http://www.hitechgroup.com

Who are the peers of the Hitech Corp.?

Hitech Corp.'s peers include Kanpur Plastipa, Nahar Poly, Pyramid Technopl, Subam Papers, TPL Plastech, Sh. Rama Multi, Sh. Jagdamba Pol, B&B Triplewall, and RDB Rasayans. Hitech Corp. has an average management risk, a 1-year return of 69.84%, and is outperformed by Subam Papers in growth.

Peers: The peers of Hitech Corp. are Kanpur Plastipa., Nahar Poly, Pyramid Technopl, Subam Papers, TPL Plastech, Sh. Rama Multi., Sh. Jagdamba Pol, B&B Triplewall, and RDB Rasayans.<BR><BR>Quality Snapshot: Excellent management risk is observed at Pyramid Technopl and RDB Rasayans, while Average management risk is found at Kanpur Plastipa., Nahar Poly, TPL Plastech, Sh. Rama Multi., and Hitech Corp. Below Average management risk is noted at Subam Papers, Sh. Jagdamba Pol, and B&B Triplewall. Growth is Excellent at Cropster Agro, Good at Subam Papers and Sh. Rama Multi., and Below Average at Kanpur Plastipa., Nahar Poly, Pyramid Technopl, TPL Plastech, Hitech Corp., and RDB Rasayans. Capital Structure is Excellent at Pyramid Technopl and Sh. Jagdamba Pol, Good at Nahar Poly, TPL Plastech, and Sh. Rama Multi., and Below Average at Kanpur Plastipa., Hitech Corp., B&B Triplewall, and RDB Rasayans.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Subam Papers at 69.04%, while the lowest is Nahar Poly at -17.39%. Hitech Corp.'s 1-year return is 69.84%, which is higher than Subam Papers. Additionally, the six-month return is negative for Sh. Rama Multi. and RDB Rasayans.

Should I buy, sell or hold Hitech Corporation Ltd?

When is the next results date for Hitech Corporation Ltd?

The next results date for Hitech Corporation Ltd is 14 August 2026.

The next results date for Hitech Corporation Ltd is scheduled for 14 August 2026.

Are Hitech Corporation Ltd latest results good or bad?

Hitech Corporation Ltd's Q4 FY26 results are strong, with a net profit of ₹8.89 crores (up 780.20% year-on-year) and revenue growth of 11.19%. However, the overall performance in FY26 showed volatility, raising concerns about the sustainability of these improvements.

Hitech Corporation Ltd's latest results for Q4 FY26 can be considered quite good, especially when looking at the significant improvements in key financial metrics. The company reported a net profit of ₹8.89 crores, which is a remarkable increase of 780.20% year-on-year. Additionally, revenue for the quarter reached ₹166.00 crores, reflecting an 11.19% increase compared to the same period last year.<BR><BR>The operating margin also showed a positive trend, rising to 12.87%, the highest in at least seven quarters, indicating improved operational efficiency. The profit after tax (PAT) margin increased to 5.36%, up from just 0.68% in Q4 FY25, which suggests a strong turnaround in profitability.<BR><BR>However, it's important to note that while the Q4 results are encouraging, the overall performance throughout FY26 was marked by volatility, including a loss in Q2 FY26. The full-year net profit remained flat at ₹8.00 crores despite a revenue growth of 22.2% to ₹561.00 crores. This inconsistency raises concerns about the sustainability of the recent improvements.<BR><BR>In summary, while the latest quarterly results are strong and indicate a positive shift, the company's history of operational volatility suggests that investors should remain cautious and watch for sustained performance in the upcoming quarters.

How has been the historical performance of Hitech Corp.?

Hitech Corp. has shown steady growth in net sales, increasing from 261.92 Cr in Mar'10 to 561.43 Cr in Mar'25, while total operating income also rose to 561.43 Cr. However, profit metrics like profit before tax and profit after tax declined, despite a significant increase in reserves from 54.41 Cr to 253.52 Cr during the same period.

Answer:<BR>The historical performance of Hitech Corp. shows a steady increase in net sales over the years, rising from 261.92 Cr in Mar'10 to 561.43 Cr in Mar'25. Total operating income also followed this upward trend, reaching 561.43 Cr in Mar'25 from 263.58 Cr in Mar'10. However, the company faced fluctuations in operating profit, with a peak of 65.23 Cr in Mar'25 compared to 41.61 Cr in Mar'10. Profit before tax showed a decline from 23.57 Cr in Mar'10 to 11.83 Cr in Mar'25, while profit after tax also decreased from 15.73 Cr in Mar'10 to 8.94 Cr in Mar'25. The earnings per share (EPS) reflected a similar trend, dropping from 11.34 in Mar'10 to 5.2 in Mar'25. Despite these declines in profit metrics, the company’s reserves significantly increased from 54.41 Cr in Mar'10 to 253.52 Cr in Mar'25, indicating a strong accumulation of retained earnings.<BR><BR>Breakdown:<BR>Hitech Corp. has demonstrated a robust growth trajectory in net sales, which increased from 261.92 Cr in Mar'10 to 561.43 Cr in Mar'25, showcasing the company's expanding market presence. Total operating income mirrored this growth, climbing to 561.43 Cr in Mar'25. However, operating profit experienced volatility, peaking at 65.23 Cr in Mar'25 but reflecting a decline in profit before tax from 23.57 Cr in Mar'10 to 11.83 Cr in Mar'25. Profit after tax also decreased over the same period, from 15.73 Cr to 8.94 Cr, alongside a drop in earnings per share from 11.34 to 5.2. Despite these challenges in profitability, Hitech Corp. has significantly bolstered its reserves, which surged from 54.41 Cr in Mar'10 to 253.52 Cr in Mar'25, indicating a strong foundation for future growth.

Is Hitech Corp. overvalued or undervalued?

As of November 19, 2025, Hitech Corp. is considered very attractive and undervalued compared to peers, with a PE Ratio of 42.08, an EV to EBITDA of 7.06, and a PEG Ratio of 0.00, indicating strong growth potential despite recent underperformance against the Sensex.

As of 19 November 2025, Hitech Corp. has moved from an attractive to a very attractive valuation grade. The company is currently considered undervalued, particularly when compared to its peers. Key ratios include a PE Ratio of 42.08, an EV to EBITDA of 7.06, and a Price to Book Value of 1.17, which highlight its potential for growth despite the high PE ratio.<BR><BR>In comparison to its peers, Hitech Corp. stands out with a significantly lower EV to EBITDA ratio than Garware Hi Tech, which is at 21.41, and AGI Greenpac at 8.77. The PEG Ratio of 0.00 further emphasizes its undervaluation relative to growth expectations, especially when considering that other peers like Uflex have a PEG of 0.74. While the stock has underperformed against the Sensex over various time frames, its current valuation suggests a strong upside potential if market conditions improve.

How big is Hitech Corp.?

As of 24th July, Hitech Corporation Ltd has a market capitalization of 366.00 Cr, classified as a Micro Cap company, with net sales of 561.42 Cr and a net profit of 8.94 Cr for the latest four quarters. Specific values for Shareholder's Funds and Total Assets are unavailable.

As of 24th July, Hitech Corporation Ltd has a market capitalization of 366.00 Cr and is classified as a Micro Cap company.<BR><BR>For the latest four quarters, Hitech Corporation reported net sales of 561.42 Cr and a net profit of 8.94 Cr.<BR><BR>The reporting period for the balance sheet data is the latest annual period. However, specific values for Shareholder's Funds and Total Assets are not available.

Who are the top shareholders of the Hitech Corp.?

The top shareholder of Hitech Corp. is Geetanjali Trading And Investments Private Limited, owning 69.11% of the shares. Individual investors hold 19.27%, while foreign institutional investors own 0.12%, and there are no mutual funds invested in the company.

The top shareholders of Hitech Corp. include Geetanjali Trading And Investments Private Limited, which holds a significant 69.11% of the shares. The company has no pledged promoter holdings, and individual investors collectively own 19.27% of the shares. Additionally, there are four foreign institutional investors (FIIs) holding a small portion, specifically 0.12%. There are no mutual funds currently invested in the company.

What is the technical trend for Hitech Corp.?

As of May 12, 2025, Hitech Corp. shows a mildly bearish trend, with mixed signals from the MACD and moving averages, indicating short-term strength but a bearish long-term outlook.

As of 12 May 2025, the technical trend for Hitech Corp. has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, but the monthly MACD remains bearish, indicating mixed signals. The daily moving averages are mildly bearish, which aligns with the overall trend. The Bollinger Bands show a sideways movement on the weekly chart while being mildly bearish on the monthly chart. The KST and OBV are both mildly bullish on the weekly timeframe but bearish on the monthly, suggesting some short-term strength that is not reflected in the longer-term outlook. Overall, the current stance is mildly bearish, driven primarily by the bearish monthly indicators and the daily moving averages.

Has Hitech Corp. declared dividend?

Hitech Corporation Ltd has declared a 10% dividend, amounting to 1 per share, with an ex-date of July 19, 2024. While the company shows significant volatility in total returns, it has experienced a strong positive return of 184.68% over the past 5 years.

Hitech Corporation Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1 per share<BR>- Ex-date: Jul-19-2024<BR><BR>Dividend Yield: 0.54%.<BR><BR>Total Returns by Period:<BR>Over the past 6 months, the price return was -23.81%, with a dividend return of 0%, resulting in a total return of -23.81%.<BR><BR>In the 1-year period, the price return was -4.6%, the dividend return was 0.46%, leading to a total return of -4.14%.<BR><BR>For the 2-year period, the price return was -6.86%, the dividend return was 0.90%, resulting in a total return of -5.96%.<BR><BR>In the 3-year period, the price return was -17.0%, the dividend return was 1.36%, leading to a total return of -15.64%.<BR><BR>Over the 4-year period, the price return was 9.33%, the dividend return was 1.76%, resulting in a total return of 11.09%.<BR><BR>In the 5-year period, the price return was 179.42%, the dividend return was 5.26%, leading to a total return of 184.68%.<BR><BR>Overall, Hitech Corp has declared a dividend, but the total returns over recent periods show significant volatility, with negative returns in shorter time frames and a strong positive return over the 5-year period.