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Hitech NSEI:HITECHCORP Stock Report

Last Price

₹179.74

Market Cap

₹3.1b

7D

-6.4%

1Y

-23.2%

Updated

30 Apr, 2025

Data

Company Financials

Hitech Corporation Limited

NSEI:HITECHCORP Stock Report

Market Cap: ₹3.1b

HITECHCORP Stock Overview

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

HITECHCORP fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends3/6

Rewards

Trading at 44.7% below our estimate of its fair value

Risk Analysis

Profit margins (2.7%) are lower than last year (4.4%)

Volatile share price over the past 3 months compared to the Indian market

Does not have a meaningful market cap (₹3B)

Dividend of 0.55% is not well covered by free cash flows


Community vs My Fair Value

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Hitech Corporation Limited Competitors

G Foils

BSE:526747

₹3.5b

Kanpur Plastipack

BSE:507779

₹2.6b

Krishca Strapping Solutions

NSEI:KRISHCA

₹2.6b

Rajeshwari Cans

BSE:543285

₹2.9b

Price History & Performance

Summary of share price highs, lows and changes for Hitech
Historical stock prices
Current Share Price₹179.74
52 Week High₹351.35
52 Week Low₹160.00
Beta0.66
1 Month Change-1.61%
3 Month Change-18.76%
1 Year Change-23.22%
3 Year Change-28.77%
5 Year Change227.99%
Change since IPO64.37%

Recent News & Updates

The Market Doesn't Like What It Sees From Hitech Corporation Limited's (NSE:HITECHCORP) Earnings Yet As Shares Tumble 26%

Mar 01
The Market Doesn't Like What It Sees From Hitech Corporation Limited's (NSE:HITECHCORP) Earnings Yet As Shares Tumble 26%

Recent updates

The Market Doesn't Like What It Sees From Hitech Corporation Limited's (NSE:HITECHCORP) Earnings Yet As Shares Tumble 26%

Mar 01
The Market Doesn't Like What It Sees From Hitech Corporation Limited's (NSE:HITECHCORP) Earnings Yet As Shares Tumble 26%

These 4 Measures Indicate That Hitech (NSE:HITECHCORP) Is Using Debt Extensively

Jan 28
These 4 Measures Indicate That Hitech (NSE:HITECHCORP) Is Using Debt Extensively

Little Excitement Around Hitech Corporation Limited's (NSE:HITECHCORP) Earnings As Shares Take 26% Pounding

Nov 14
Little Excitement Around Hitech Corporation Limited's (NSE:HITECHCORP) Earnings As Shares Take 26% Pounding

Estimating The Fair Value Of Hitech Corporation Limited (NSE:HITECHCORP)

Oct 22
Estimating The Fair Value Of Hitech Corporation Limited (NSE:HITECHCORP)

Hitech Corporation Limited (NSE:HITECHCORP) Stock Catapults 26% Though Its Price And Business Still Lag The Market

Sep 29
Hitech Corporation Limited (NSE:HITECHCORP) Stock Catapults 26% Though Its Price And Business Still Lag The Market

Increases to CEO Compensation Might Be Put On Hold For Now at Hitech Corporation Limited (NSE:HITECHCORP)

Jul 19
Increases to CEO Compensation Might Be Put On Hold For Now at Hitech Corporation Limited (NSE:HITECHCORP)

Cautious Investors Not Rewarding Hitech Corporation Limited's (NSE:HITECHCORP) Performance Completely

Apr 23
Cautious Investors Not Rewarding Hitech Corporation Limited's (NSE:HITECHCORP) Performance Completely

Is Hitech (NSE:HITECHCORP) Using Too Much Debt?

Feb 15
Is Hitech (NSE:HITECHCORP) Using Too Much Debt?

Hitech (NSE:HITECHCORP) Is Investing Its Capital With Increasing Efficiency

Dec 24
Hitech (NSE:HITECHCORP) Is Investing Its Capital With Increasing Efficiency

Hitech (NSE:HITECHCORP) Has Affirmed Its Dividend Of ₹1.00

Jun 24
Hitech (NSE:HITECHCORP) Has Affirmed Its Dividend Of ₹1.00

Is Hitech (NSE:HITECHCORP) Using Too Much Debt?

Jun 10
Is Hitech (NSE:HITECHCORP) Using Too Much Debt?

With EPS Growth And More, Hitech (NSE:HITECHCORP) Is Interesting

Feb 23
With EPS Growth And More, Hitech (NSE:HITECHCORP) Is Interesting

We Think Hitech (NSE:HITECHCORP) Can Stay On Top Of Its Debt

Dec 28
We Think Hitech (NSE:HITECHCORP) Can Stay On Top Of Its Debt

Investors Shouldn't Overlook Hitech's (NSE:HITECHCORP) Impressive Returns On Capital

Dec 07
Investors Shouldn't Overlook Hitech's (NSE:HITECHCORP) Impressive Returns On Capital

Calculating The Fair Value Of Hitech Corporation Limited (NSE:HITECHCORP)

Sep 13
Calculating The Fair Value Of Hitech Corporation Limited (NSE:HITECHCORP)

Hitech (NSE:HITECHCORP) Seems To Use Debt Quite Sensibly

Aug 23
Hitech (NSE:HITECHCORP) Seems To Use Debt Quite Sensibly

We Think You Should Be Aware Of Some Concerning Factors In Hitech's (NSE:HITECHCORP) Earnings

May 30
We Think You Should Be Aware Of Some Concerning Factors In Hitech's (NSE:HITECHCORP) Earnings

Estimating The Fair Value Of Hitech Corporation Limited (NSE:HITECHCORP)

May 05
Estimating The Fair Value Of Hitech Corporation Limited (NSE:HITECHCORP)

Is Hitech (NSE:HITECHCORP) Likely To Turn Things Around?

Mar 11
Is Hitech (NSE:HITECHCORP) Likely To Turn Things Around?

Hitech Corporation Limited's (NSE:HITECHCORP) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

Feb 12
Hitech Corporation Limited's (NSE:HITECHCORP) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

Is Hitech (NSE:HITECHCORP) A Risky Investment?

Jan 17
Is Hitech (NSE:HITECHCORP) A Risky Investment?

Shareholder Returns

HITECHCORPIN PackagingIN Market
7D-6.4%-3.6%-0.3%
1Y-23.2%-5.8%1.6%

Return vs Industry: HITECHCORP underperformed the Indian Packaging industry which returned -5.8% over the past year.

Return vs Market: HITECHCORP underperformed the Indian Market which returned 1.6% over the past year.

Price Volatility

Is HITECHCORP's price volatile compared to industry and market?
HITECHCORP volatility
HITECHCORP Average Weekly Movement9.3%
Packaging Industry Average Movement7.5%
Market Average Movement7.3%
10% most volatile stocks in IN Market9.9%
10% least volatile stocks in IN Market4.8%

Stable Share Price: HITECHCORP's share price has been volatile over the past 3 months compared to the Indian market.

Volatility Over Time: HITECHCORP's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.

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?
HITECHCORP fundamental statistics
Market cap₹3.10b
Earnings (TTM)₹150.41m
Revenue (TTM)₹5.51b

20.6x

P/E Ratio

0.6x

P/S Ratio

Is HITECHCORP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HITECHCORP income statement (TTM)
Revenue₹5.51b
Cost of Revenue₹3.38b
Gross Profit₹2.13b
Other Expenses₹1.98b
Earnings₹150.41m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)8.76
Gross Margin38.64%
Net Profit Margin2.73%
Debt/Equity Ratio32.9%

How did HITECHCORP perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

8%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/30 17:49
End of Day Share Price 2025/04/30 00:00
Earnings2024/12/31
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.

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 Github.

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