Hitech Corp.

What does Hitech Corp. do?

Hitech Corporation Ltd is a micro-cap manufacturer of rigid plastic packaging solutions, with recent net sales of 149 Cr and a net profit of 1 Cr for the quarter ending March 2025. The company has a market cap of Rs 330 Cr and key financial metrics include a P/E ratio of 36.00 and a dividend yield of 0.54%.

Overview: <BR>Hitech Corporation Ltd is a leading manufacturer of rigid plastic packaging solutions in the packaging industry and operates within the micro-cap market segment.<BR><BR>History: <BR>Incorporated in October 1991, Hitech Corporation Ltd was formerly known as Hi-Tech Plast Limited. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 149 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 1 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 330 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 36.00 <BR>Industry P/E: 21 <BR>Dividend Yield: 0.54% <BR>Debt-Equity: 0.42 <BR>Return on Equity: 3.32% <BR>Price to Book: 1.19 <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 in the management team of Hitech Corp.?

As of March 2023, the management team of Hitech Corp. includes Ashwin S Dani (Chairman), Malav A Dani (Managing Director), Mehernosh Adi Mehta (Whole-time Director), and several independent directors, along with other key positions such as Company Secretary and Vice Chairman. This diverse team oversees the governance and management of the company.

As of March 2023, 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 comprises various roles, including executive and independent directors, contributing to the governance and management of Hitech Corp.

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.

Who are the peers of the Hitech Corp.?

Hitech Corp.'s peers include EPL Ltd, AGI Greenpac, Uflex, Polyplex Corpn, TCPL Packaging, B&B Triplewall, Sah Polymers, Rajeshwari Cans, and RDB Rasayans. Key insights show varying management risks, growth ratings, and capital structures among these companies, with Rajeshwari Cans leading in 1-year returns at 261.48% and Hitech Corp. at -10.94%.

Peers: The peers of Hitech Corp. are EPL Ltd, AGI Greenpac, Uflex, Polyplex Corpn, TCPL Packaging, B&B Triplewall, Sah Polymers, Rajeshwari Cans, RDB Rasayans.<BR><BR>Quality Snapshot: Excellent management risk is observed at EPL Ltd and TCPL Packaging, while Average management risk is found at AGI Greenpac, Uflex, Polyplex Corpn, Rajeshwari Cans, RDB Rasayans, and the rest. Below Average management risk is noted at B&B Triplewall and Sah Polymers. Growth ratings show that Good growth is seen at TCPL Packaging, while Average growth is found at AGI Greenpac, and the rest. Below Average growth is observed at EPL Ltd, Uflex, Polyplex Corpn, B&B Triplewall, Sah Polymers, Rajeshwari Cans, and RDB Rasayans. For Capital Structure, Excellent is noted at Polyplex Corpn and RDB Rasayans, Good at Hitech Corp. and EPL Ltd, Average at AGI Greenpac and TCPL Packaging, and Below Average at Uflex, B&B Triplewall, Sah Polymers, and Rajeshwari Cans.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Rajeshwari Cans at 261.48%, while the lowest is B&B Triplewall at -37.45%. Hitech Corp.'s 1-year return is -10.94%, which is higher than B&B Triplewall but lower than all other peers. Additionally, the six-month return is negative for B&B Triplewall, Hitech Corp., and RDB Rasayans.

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.

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.

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.

Are Hitech Corp. latest results good or bad?

Hitech Corporation's latest results are largely negative, with a 12.21% decline in net profit and decreasing profitability margins, despite a year-on-year revenue growth of 12.20%. The company's return on equity has dropped to 3.29%, and its stock has underperformed significantly over the past year.

Hitech Corporation's latest results present a mixed picture, leaning towards negative overall. In Q2 FY26, the company reported a net profit of ₹4.17 crores, which is a decline of 12.21% compared to the previous quarter. While the revenue showed a year-on-year growth of 12.20%, it experienced a slight sequential decline of 0.32%, indicating stagnation in sales.<BR><BR>Profitability metrics are concerning, with both operating margin and PAT margin decreasing. The operating margin fell to 12.12%, down 30 basis points from the previous quarter, and the PAT margin decreased to 2.54%, down 34 basis points. This suggests that while the company is managing to maintain revenue levels, it is struggling with rising costs and operational challenges that are impacting its profitability.<BR><BR>Additionally, the company's return on equity (ROE) has deteriorated sharply to just 3.29%, indicating weak returns on shareholder capital. The stock has also underperformed significantly over the past year, down 27.60% compared to the Sensex's gain of 4.79%.<BR><BR>In summary, while there are some positive aspects, such as year-on-year revenue growth, the overall trend in profitability and stock performance suggests that Hitech Corporation is facing significant challenges, making the latest results more negative than positive.

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 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.

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.

Should I buy, sell or hold Hitech Corporation Ltd?

Why is Hitech Corporation Ltd falling/rising?

As of 10-Feb, Hitech Corporation Ltd's stock price is at Rs 164.70, down 2.14%, and has underperformed its sector. The stock shows a bearish trend, being below key moving averages and has declined 22.18% over the past year.

As of 10-Feb, Hitech Corporation Ltd's stock price is falling, currently at Rs 164.70, which reflects a decrease of Rs 3.6 or 2.14%. This decline is notable as the stock has underperformed its sector by 4.27% today and has experienced a trend reversal after two consecutive days of gains. The stock reached an intraday low of Rs 160.05, marking a drop of 4.9%. <BR><BR>In terms of moving averages, while the stock is above the 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages, indicating a bearish trend over a longer time frame. Additionally, despite a significant increase in delivery volume by 250.22% compared to the 5-day average, the overall performance year-to-date shows a decline of 2.02%, which is worse than the benchmark Sensex's decline of 1.11%. Over the past year, the stock has fallen by 22.18%, contrasting sharply with the Sensex's gain of 9.01%. <BR><BR>These factors collectively contribute to the current downward movement in Hitech Corporation Ltd's stock price.

Which are the latest news on Hitech Corp.?