company background image
526217 logo

Hitech BSE:526217 Stock Report

Last Price

₹224.85

Market Cap

₹3.9b

7D

-1.3%

1Y

-12.1%

Updated

30 Dec, 2024

Data

Company Financials

Hitech Corporation Limited

BSE:526217 Stock Report

Market Cap: ₹3.9b

526217 Stock Overview

Manufactures, sells, and exports rigid plastic containers in India and internationally. More details

526217 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends3/6

Rewards

Trading at 48.6% below our estimate of its fair value

Risk Analysis

Profit margins (2.8%) are lower than last year (4.5%)

Does not have a meaningful market cap (₹4B)

Dividend of 0.44% is not well covered by free cash flows


My Notes

Capture your thoughts, links and company narrative

Hitech Corporation Limited Competitors

Krishca Strapping Solutions

NSEI:KRISHCA

₹3.7b

G Foils

BSE:526747

₹2.8b

Hindustan Tin Works

BSE:530315

₹2.1b

Pyramid Technoplast

NSEI:PYRAMID

₹7.4b

Price History & Performance

Summary of share price highs, lows and changes for Hitech
Historical stock prices
Current Share Price₹224.85
52 Week High₹350.50
52 Week Low₹180.00
Beta0.98
1 Month Change-6.70%
3 Month Change-21.16%
1 Year Change-12.13%
3 Year Change-25.51%
5 Year Change149.83%
Change since IPO538.78%

Recent News & Updates

Recent updates

Shareholder Returns

526217IN PackagingIN Market
7D-1.3%-0.9%0.2%
1Y-12.1%27.4%17.2%

Return vs Industry: 526217 underperformed the Indian Packaging industry which returned 27.4% over the past year.

Return vs Market: 526217 underperformed the Indian Market which returned 17.2% over the past year.

Price Volatility

Is 526217's price volatile compared to industry and market?
526217 volatility
526217 Average Weekly Movement7.3%
Packaging Industry Average Movement7.5%
Market Average Movement6.2%
10% most volatile stocks in IN Market9.1%
10% least volatile stocks in IN Market4.1%

Stable Share Price: 526217 has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: 526217's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1991655Malav Daniwww.hitechgroup.com/new/rigidplastic.html

Hitech Corporation Limited manufactures, sells, and exports rigid plastic containers in India and internationally. Its products have applications in paints and coatings, agrochemicals, personal care, home care, pharmaceuticals, food and beverages, health care, and oils, and lubricants. Hitech Corporation Limited was formerly known as Hitech Plast Limited and changed its name to Hitech Corporation Limited in May 2017.

Hitech Corporation Limited Fundamentals Summary

How do Hitech's earnings and revenue compare to its market cap?
526217 fundamental statistics
Market cap₹3.86b
Earnings (TTM)₹158.36m
Revenue (TTM)₹5.57b

24.4x

P/E Ratio

0.7x

P/S Ratio

Is 526217 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
526217 income statement (TTM)
Revenue₹5.57b
Cost of Revenue₹3.41b
Gross Profit₹2.16b
Other Expenses₹2.00b
Earnings₹158.36m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)9.22
Gross Margin38.74%
Net Profit Margin2.84%
Debt/Equity Ratio29.8%

How did 526217 perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

8%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 00:11
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Hitech Corporation Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anil BurraFirstCall Research