Hitech Corp.

Why is Hitech Corporation Ltd falling/rising?

As of 06-Aug, Hitech Corporation Ltd's stock price is slightly rising at 319.00, but it has underperformed compared to the sector and is trading below its moving averages, indicating potential bearish trends. Despite a year-to-date increase of 89.77%, recent performance shows mixed results and challenges in sustaining upward momentum.

As of 06-Aug, Hitech Corporation Ltd's stock price is rising slightly, currently at 319.00, with a change of 0.45 (0.14%) upward. Despite this small increase, the stock has underperformed compared to the sector, with a performance today that is down by 99.41%. <BR><BR>Over the past week, the stock has seen a decline of 0.39%, while the benchmark Sensex has increased by 1.32%. However, in the longer term, Hitech Corporation has shown significant gains, with a year-to-date increase of 89.77% compared to a decline of 7.35% in the Sensex. The stock has also performed well over the past year, rising by 74.51%.<BR><BR>Despite the current rise in price, the stock is trading lower than its moving averages across various time frames (5-day, 20-day, 50-day, 100-day, and 200-day), indicating a potential bearish trend. Additionally, the stock has demonstrated erratic trading patterns, not trading on one day out of the last 20 days. <BR><BR>On a positive note, there has been a notable increase in investor participation, with delivery volume on August 5 rising by 168.96% against the 5-day average. This suggests some renewed interest from investors, which could be contributing to the slight upward movement in the stock price. Overall, while there is a minor rise in the stock price today, the broader context indicates mixed performance and challenges in maintaining upward momentum.

Which are the latest news on Hitech Corp.?

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 directors, along with key roles such as the Company Secretary. This team is responsible for guiding the company's strategy and operations.

The management team of Hitech Corp. includes the following key individuals:<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 team plays a crucial role in guiding the company's strategy and operations.

Who are the peers of the Hitech Corp.?

Hitech Corp.'s peers include Commerl. Synbags, Subam Papers, Nahar Poly, Pyramid Technopl, Sh. Rama Multi., TPL Plastech, Sh. Jagdamba Pol, B&B Triplewall, and Kanpur Plastipa. Hitech Corp. has good management risk and capital structure, with a 1-year return of 59.79%, while Subam Papers leads with a 163.41% return.

Peers: The peers of Hitech Corp. are Commerl. Synbags, Subam Papers, Nahar Poly, Pyramid Technopl, Sh. Rama Multi., TPL Plastech, Sh. Jagdamba Pol, B&B Triplewall, and Kanpur Plastipa.<BR><BR>Quality Snapshot: Excellent management risk is observed at Sh. Jagdamba Pol, while Good management risk is found at Hitech Corp. and Subam Papers. Average management risk is present at Commerl. Synbags, Nahar Poly, Pyramid Technopl, Sh. Rama Multi., and TPL Plastech, and the rest. Below Average management risk is noted at B&B Triplewall and Kanpur Plastipa. Growth is Good at Subam Papers and Sh. Rama Multi., while Below Average growth is seen at Hitech Corp., Commerl. Synbags, Nahar Poly, Pyramid Technopl, TPL Plastech, Sh. Jagdamba Pol, B&B Triplewall, and Kanpur Plastipa. The rest have Average growth. Excellent capital structure is noted at Pyramid Technopl and Sh. Jagdamba Pol, Good capital structure is found at Hitech Corp., Nahar Poly, Sh. Rama Multi., TPL Plastech, and the rest, while Below Average capital structure is observed at Commerl. Synbags, Subam Papers, B&B Triplewall, and Kanpur Plastipa.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Subam Papers at 163.41%, while the lowest is Sh. Jagdamba Pol at -49.53%. Hitech Corp.'s 1-year return of 59.79% is significantly higher than Sh. Jagdamba Pol's but lower than Subam Papers'. Additionally, peers with negative six-month returns include Pyramid Technopl, Sh. Rama Multi., TPL Plastech, Sh. Jagdamba Pol, and Kanpur Plastipa.

What does Hitech Corp. do?

Hitech Corporation Ltd operates in the packaging industry as a micro-cap company, reporting net sales of 166 Cr and a net profit of 9 Cr for March 2026. The company, formerly known as Hi-Tech Plast Limited, has a market cap of INR 536 Cr and a P/E ratio of 32.00.

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 on May 3, 2017, and the latest quarterly results reported net sales and profit for March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 166 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 9 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 536 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>P/E: 32.00 <BR>Industry P/E: 18 <BR>Dividend Yield: 0.32% <BR>Debt-Equity: 0.49 <BR>Return on Equity: 3.41% <BR>Price to Book: 1.95 <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

Should I buy, sell or hold Hitech Corporation Ltd?

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.

When is the next results date for Hitech Corporation Ltd?

The next results date for Hitech Corporation Ltd is 10 February 2026.

The next results date for Hitech Corporation Ltd is scheduled for 10 February 2026.

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.