Hitech Corp.

Why is Hitech Corporation Ltd falling/rising?

As of 30-Aug, Hitech Corporation Ltd's stock price is rising at 336.00, reflecting a 1.05% increase. Despite this rise, indicators suggest potential weakness, including erratic trading behavior and declining investor participation.

As of 30-Aug, Hitech Corporation Ltd's stock price is rising, currently at 336.00, reflecting a change of 3.5 (1.05%) upward. This increase can be attributed to its strong performance over various time periods compared to the benchmark Sensex. Over the past week, the stock has risen by 1.51%, while the Sensex has declined by 0.36%. In the last month, Hitech Corporation Ltd has gained 5.15%, significantly outperforming the Sensex, which increased by only 0.65%. Year-to-date, the stock has shown remarkable growth of 99.88%, contrasting sharply with the Sensex's decline of 9.34%. <BR><BR>However, it is important to note that despite the current rise, there are indicators of potential weakness. The stock has underperformed its sector by 101.21% today, and it has not traded on two days out of the last 20, indicating erratic trading behavior. Additionally, Hitech Corporation Ltd is trading below its moving averages across various time frames, which may suggest a lack of momentum. Furthermore, there has been a significant drop in investor participation, with delivery volume falling by 81.05% against the 5-day average. <BR><BR>In summary, while the stock is currently rising, its overall trading patterns and declining investor interest could pose challenges moving forward.

Which are the latest news on Hitech Corp.?

Should I buy, sell or hold 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 directors such as Harish N Motiwalla and Bomi Pesi Chinoy, among others, bringing diverse expertise to the company.

The management team of Hitech Corp. includes the following 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 brings a diverse range of expertise and leadership to the company.

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, was incorporated in 1991 and rebranded in 2017.

Overview:<BR>Hitech Corporation Ltd operates in the packaging industry and is categorized as a micro-cap company.<BR><BR>History:<BR>The company was incorporated in October 1991 and was formerly known as Hi-Tech Plast Limited. It changed its name to Hitech Corporation Limited, with the new certificate of incorporation obtained on May 3, 2017. 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 573 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 34.00 <BR>Industry P/E: 21 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.49 <BR>Return on Equity: 3.41% <BR>Price to Book: 2.02 <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, TPL Plastech, Subam Papers, Sh. Jagdamba Pol, Sh. Rama Multi, Cropster Agro, and B&B Triplewall, with varying management risks and growth ratings. Subam Papers leads in 1-year returns at 87.08%, while Hitech Corp. has a return of 64.02%.

Peers: Hitech Corp. has the following peers: Kanpur Plastipa., Nahar Poly, Pyramid Technopl, TPL Plastech, Subam Papers, Sh. Jagdamba Pol, Sh. Rama Multi., Cropster Agro, B&B Triplewall.<BR><BR>Quality Snapshot: Excellent management risk is observed at Pyramid Technopl, Sh. Jagdamba Pol, and Hitech Corp., while Average management risk is found at Kanpur Plastipa., Nahar Poly, TPL Plastech, Sh. Rama Multi., and Cropster Agro, and the rest. Below Average management risk is noted at Subam Papers and B&B Triplewall. Growth is rated as Excellent for Cropster Agro, Good for Subam Papers, Sh. Rama Multi., and Hitech Corp., while Average growth is seen at Kanpur Plastipa., Nahar Poly, Pyramid Technopl, TPL Plastech, Sh. Jagdamba Pol, and the rest. Below Average growth is noted at B&B Triplewall. Capital Structure is Excellent for Pyramid Technopl and Sh. Jagdamba Pol, Good for Nahar Poly, TPL Plastech, and Hitech Corp., Average for Subam Papers and Sh. Rama Multi., and Below Average for Kanpur Plastipa. and B&B Triplewall.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Subam Papers at 87.08%, while the lowest is Nahar Poly at -16.97%. Hitech Corp.'s 1-year return of 64.02% is significantly higher than Nahar Poly's. Additionally, the six-month returns for Cropster Agro, Sh. Rama Multi., and B&B Triplewall are negative.

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.