About
Hitech Corporation Limited engages in rigid plastic packaging solution business in India. The company offers bottles, cans, caps and closures, custom enhancement, drums, jars, and pails for paints and coatings, lubricants, construction and specialty chemicals, agrochemicals, food and beverage and personal care, home care, pharmaceuticals, food and beverages, health care, and oils, and lubricants. The company was formerly known as Hitech Plast Limited and changed its name to Hitech Corporation Limited in May 2017. Hitech Corporation Limited was incorporated in 1991 and is headquartered in Mumbai, India. Hitech Corporation Limited is a subsidiary of Geetanjali Trading and Investments Private Limited.
Key Metrics
as of Sep 2026Market Cap577 Cr
P/E30.40
Div Yield0.30 %
Book Value₹166.00
52w High₹345.00
52w Low₹112.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Sep 2015 | Jun 2015 | Mar 2015 | Dec 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 225.67 | 166.00 | 145.12 | 164.38 | 164.90 | 149.29 | 123.00 | 146.51 | 142.62 | 107.96 | 102.87 | 95.84 | 115.74 |
| Expenses | 202.66 | 144.64 | 132.33 | 144.45 | 144.42 | 133.52 | 109.96 | 129.74 | 126.47 | 94.73 | 91.83 | 89.95 | 104.91 |
| Operating Profit | 23.01 | 21.36 | 12.79 | 19.93 | 20.48 | 15.77 | 13.04 | 16.77 | 16.15 | 13.23 | 11.04 | 5.89 | 10.83 |
| OPM % | 10.20 | 12.87 | 8.81 | 12.12 | 12.42 | 10.56 | 10.60 | 11.45 | 11.32 | 12.25 | 10.73 | 6.15 | 9.36 |
| Other Income | 1.33 | 3.56 | -1.53 | 0.48 | 0.41 | -0.29 | 0.97 | 0.36 | 1.67 | 0.17 | 0.35 | 0.43 | 0.21 |
| Depreciation | 10.04 | 10.02 | 10.00 | 9.93 | 9.76 | 9.63 | 9.06 | 9.09 | 8.68 | 3.88 | 4.01 | 4.81 | 3.76 |
| Interest | 5.02 | 4.66 | 4.57 | 4.82 | 4.59 | 4.20 | 3.90 | 4.10 | 3.95 | 2.96 | 3.09 | 2.74 | 4.36 |
| Profit before tax | 9.28 | 10.24 | -3.31 | 5.66 | 6.54 | 1.65 | 1.05 | 3.94 | 5.19 | 6.56 | 4.29 | -1.23 | 2.92 |
| Tax % | 23.38 | 13.18 | -20.85 | 26.50 | 27.37 | 38.18 | -19.05 | 29.70 | 25.05 | 20.27 | 29.37 | -86.99 | 24.32 |
| Net Profit | 7.11 | 8.89 | -2.62 | 4.17 | 4.75 | 1.01 | 1.26 | 2.78 | 3.89 | 5.24 | 3.03 | -0.17 | 2.20 |
| EPS in Rs | 4.14 | 5.18 | -1.53 | 2.43 | 2.77 | 0.59 | 0.73 | 1.62 | 2.26 | 3.24 | 2.11 | 0.11 | 1.54 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | Mar 2009 | Mar 2008 | Mar 2007 | Mar 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 640.00 | 561.00 | 460.00 | 439.00 | 386.00 | 345.00 | 262.00 | 216.00 | 179.00 | 155.00 | 83.00 |
| Expenses | 566.00 | 500.00 | 411.00 | 393.00 | 340.00 | 298.00 | 223.00 | 184.00 | 151.00 | 133.00 | 68.00 |
| Operating Profit | 75.00 | 62.00 | 49.00 | 46.00 | 45.00 | 46.00 | 39.00 | 32.00 | 28.00 | 22.00 | 15.00 |
| OPM % | 12.00 | 11.00 | 11.00 | 11.00 | 12.00 | 13.00 | 15.00 | 15.00 | 16.00 | 14.00 | 18.00 |
| Other Income | 3.00 | 3.00 | 0.00 | 2.00 | 2.00 | 1.00 | 2.00 | 2.00 | 1.00 | 2.00 | 0.00 |
| Interest | 19.00 | 16.00 | 17.00 | 18.00 | 18.00 | 12.00 | 9.00 | 10.00 | 8.00 | 6.00 | 3.00 |
| Depreciation | 40.00 | 36.00 | 18.00 | 17.00 | 15.00 | 13.00 | 9.00 | 9.00 | 9.00 | 9.00 | 5.00 |
| Profit before tax | 19.00 | 12.00 | 13.00 | 13.00 | 14.00 | 22.00 | 24.00 | 15.00 | 13.00 | 10.00 | 7.00 |
| Tax % | 21.00 | 24.00 | 40.00 | 18.00 | 25.00 | 28.00 | 33.00 | 27.00 | 17.00 | 21.00 | 31.00 |
| Net Profit | 15.00 | 9.00 | 8.00 | 10.00 | 10.00 | 16.00 | 16.00 | 11.00 | 11.00 | 8.00 | 5.00 |
| EPS in Rs | 8.84 | 5.21 | 4.82 | 6.86 | 8.08 | 10.94 | 11.34 | 7.73 | 7.23 | 5.58 | — |
| Dividend Payout % | 11.00 | 19.00 | 19.00 | 23.00 | 20.00 | 15.00 | 13.00 | 14.00 | 14.00 | 14.00 | 21.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | Mar 2009 | Mar 2008 | Mar 2007 | Mar 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 17.00 | 17.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 12.00 |
| Reserves | 267.00 | 254.00 | 86.00 | 81.00 | 75.00 | 66.00 | 54.00 | 41.00 | 24.00 | 17.00 | 5.00 |
| Borrowings | 137.00 | 117.00 | 97.00 | 105.00 | 118.00 | 96.00 | 70.00 | 50.00 | 54.00 | 49.00 | 29.00 |
| Other Liabilities | 67.00 | 62.00 | 70.00 | 65.00 | 59.00 | 66.00 | 52.00 | 36.00 | 27.00 | 17.00 | 18.00 |
| Total Liabilities | 489.00 | 450.00 | 267.00 | 264.00 | 265.00 | 242.00 | 189.00 | 139.00 | 119.00 | 96.00 | 63.00 |
| Fixed Assets | 291.00 | 295.00 | 135.00 | 147.00 | 127.00 | 113.00 | 79.00 | 65.00 | 55.00 | 42.00 | 28.00 |
| CWIP | 12.00 | 13.00 | 1.00 | 1.00 | 6.00 | 7.00 | 19.00 | 6.00 | 1.00 | 5.00 | 1.00 |
| Investments | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 185.00 | 142.00 | 130.00 | 116.00 | 132.00 | 122.00 | 91.00 | 68.00 | 63.00 | 49.00 | 35.00 |
| Total Assets | 489.00 | 450.00 | 267.00 | 264.00 | 265.00 | 242.00 | 189.00 | 139.00 | 119.00 | 96.00 | 63.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | Mar 2009 | Mar 2008 | Mar 2007 | Mar 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 44.00 | 48.00 | 30.00 | 58.00 | 33.00 | 21.00 | 21.00 | 29.00 | 17.00 | 8.00 | 14.00 |
| Cash from Investing Activity | -47.00 | -61.00 | -6.00 | -26.00 | -33.00 | -37.00 | -34.00 | -17.00 | -22.00 | -28.00 | -10.00 |
| Cash from Financing Activity | 7.00 | 14.00 | -27.00 | -34.00 | 3.00 | 16.00 | 16.00 | -11.00 | 5.00 | 20.00 | -4.00 |
| Net Cash Flow | 3.00 | 2.00 | -3.00 | -2.00 | 3.00 | 0.00 | 2.00 | 2.00 | 0.00 | 0.00 | 0.00 |
| Free Cash Flow | 8.00 | -1.00 | 23.00 | 31.00 | 0.00 | -17.00 | -14.00 | 12.00 | -5.00 | -9.00 | 4.00 |
| CFO/OP % | 62.00 | 89.00 | 70.00 | 132.00 | 85.00 | 59.00 | 71.00 | 101.00 | 69.00 | 52.00 | 109.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | Mar 2009 | Mar 2008 | Mar 2007 | Mar 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 41.00 | 35.00 | 58.00 | 51.00 | 59.00 | 61.00 | 64.00 | 55.00 | 66.00 | 60.00 | 62.00 |
| Inventory Days | 68.00 | 55.00 | 40.00 | 34.00 | 61.00 | 77.00 | 68.00 | 53.00 | 64.00 | 56.00 | 85.00 |
| Days Payable | 33.00 | 27.00 | 24.00 | 21.00 | 23.00 | 32.00 | 33.00 | 24.00 | 24.00 | 0.00 | 28.00 |
| Cash Conversion Cycle | 77.00 | 63.00 | 74.00 | 64.00 | 97.00 | 107.00 | 99.00 | 84.00 | 106.00 | 116.00 | 119.00 |
| Working Capital Days | 14.00 | -2.00 | 16.00 | 9.00 | 4.00 | 5.00 | 85.00 | 80.00 | 93.00 | 85.00 | 88.00 |
| ROCE % | 10.00 | — | 14.00 | 13.00 | 14.00 | 19.00 | 23.00 | 23.00 | 22.00 | 23.00 | — |
Corporate Actions
20 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 18 Jul 2025 | 18 Jul 2025 | — | 1.00 | |
| Dividend | 19 Jul 2024 | 19 Jul 2024 | — | 1.00 | |
| Dividend | 30 Jun 2023 | 01 Jul 2023 | — | 1.00 | |
| Dividend | 07 Jul 2022 | 08 Jul 2022 | — | 1.00 | |
| Dividend | 20 Jul 2021 | 22 Jul 2021 | — | 1.00 | |
| Other | 17 Sep 2020 | — | — | — | Annual General Meeting |
| Dividend | 20 Sep 2019 | — | — | 0.90 | |
| Dividend | 06 Jul 2018 | — | — | 0.90 | |
| Dividend | 25 Jul 2017 | — | — | 0.90 | |
| Dividend | 14 Sep 2016 | — | — | 0.90 | |
| Dividend | 21 Dec 2015 | — | — | 0.90 | |
| Dividend | 04 Sep 2014 | — | — | 0.90 | |
| Dividend | 30 Aug 2013 | — | — | 1.60 | |
| Dividend | 31 Jul 2012 | — | — | 1.60 | |
| Other | 31 Jul 2012 | — | — | — | Annual General Meeting/ Dividend Rs. 1.60/- Per Equity Share |
| Dividend | 20 Jul 2011 | — | — | 1.60 | |
| Dividend | 25 Aug 2010 | — | — | 1.50 | |
| Dividend | 16 Sep 2009 | — | — | 1.10 | |
| Dividend | 10 Sep 2008 | — | — | 1.00 | |
| Dividend | 07 Sep 2007 | — | — | 0.80 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update20 Aug from crisil
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Rating update3 Jun from crisil
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Rating update2 Jul 2025 from crisil
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Rating update22 May 2025 from crisil
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Rating update22 Mar 2024 from crisil
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Rating update27 Dec 2022 from crisil