| Announced on | Meeting on |
| May 10, 2024 | May 16, 2024 |
| Audited Results & Final Dividend | |
| Jan 31, 2024 | Feb 07, 2024 |
| Audited Results | |
| Oct 31, 2023 | Nov 07, 2023 |
| Quarterly Results | |
| Aug 01, 2023 | Aug 09, 2023 |
| Quarterly Results | |
| May 09, 2023 | May 17, 2023 |
| Audited Results & Final Dividend | |
Hitech Corporation Share Price
NSE
- Open237.00
- High255.50
- Low237.00
- Prev Close237.14
- Volume2,05,384
- VWAP(₹)250.73
Hitech Corporation share price insights
Dividend Announcement
Company announced a dividend of Rs 1.0 per share on 16 May, 2024 with record date of 19 Jul, 2024.Employee & Interest Expense
Company has spent 2.54% of its operating revenues towards interest expenses and 7.04% towards employee cost in the year ending 31 Mar, 2024. (Source: Standalone Financials)Stock Returns vs Nifty Smallcap 100
Stock gave a 3 year return of 47.37% as compared to Nifty Smallcap 100 which gave a return of 80.38%. (as of last trading session)Hitech Corporation Share Price Update
Hitech Corporation Ltd. share price moved up by 7.24% from its previous close of Rs 237.14. Hitech Corporation Ltd. stock last traded price is 254.29
Share Price Value Today/Current/Last 254.29 Previous Day 237.14
Hitech Corporation Share Price Returns
| 1 Day | 7.24% |
| 1 Month | 16.45% |
| 3 Months | 21.58% |
| 1 Year | 13.02% |
| 3 Years | 8.09% |
| 5 Years | 227.69% |
Key Metrics
| PE Ratio(x) | 19.85 |
| EPS - TTM(₹) | 12.81 |
| MCap(₹ Cr.) | 436.76 |
| MCap Rank | 15 |
| PB Ratio(x) | 1.55 |
| Div Yield(%) | 0.39 |
| Face Value(₹) | 10.00 |
| 52W High(₹) | 309.00 |
| 52W Low(₹) | 179.90 |
| MCap/Sales | 0.60 |
| Beta(1 Month) | 1.16 |
| BV/Share(₹) | 153.37 |
Hitech Corporation Share Recommendations
No Recommendations details available for this stock.
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Hitech Corporation News & Analysis
NewsCorporate Radar: Axis Bank, Bank of India to turn ex-dividend; Tata Power AGM & more Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
AnnouncementsCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
AnnouncementsAnnouncement under Regulation 30 (LODR)-Newspaper Publication
Announcements
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Hitech Corporation Financials
Consolidated
Sep 2015 Jun 2015 Mar 2015 Dec 2014 Sep 2014 Total Income 108.13 103.22 96.27 115.96 137.06 Total Income Growth (%) 4.75 7.22 -16.98 -15.39 17.73 Total Expenses 98.61 95.84 94.76 108.68 128.64 Total Expenses Growth (%) 2.89 1.14 -12.81 -15.52 18.31 EBIT 9.52 7.39 1.51 7.28 8.42 EBIT Growth (%) 28.92 387.91 -79.21 -13.49 9.56 Profit after Tax (PAT) 4.91 3.20 0.17 2.34 2.47 PAT Growth (%) 53.23 1,801.01 -92.82 -5.20 22.59 EBIT Margin (%) 8.81 7.16 1.57 6.28 6.14 Net Profit Margin (%) 4.54 3.10 0.17 2.02 1.80 Basic EPS (₹) 3.23 2.11 0.12 1.62 1.71 All figures in Rs Cr, unless mentioned otherwise
InsightsEmployee & Interest Expense
Company has spent 2.54% of its operating revenues towards interest expenses and 7.04% towards employee cost in the year ending 31 Mar, 2024. (Source: Standalone Financials)
Annual FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 Total Assets 252.33 266.99 263.84 265.20 241.78 Total Assets Growth (%) -5.49 1.20 -0.51 9.69 27.57 Total Liabilities 102.86 136.49 140.04 149.32 134.15 Total Liabilities Growth (%) -24.64 -2.53 -6.21 11.31 34.43 Total Equity 149.47 130.50 123.79 115.88 107.62 Total Equity Growth (%) 14.54 5.41 6.83 7.67 19.95 Current Ratio (x) 1.31 1.23 1.19 1.12 1.10 Total Debt to Equity (x) 0.52 0.78 0.94 1.18 1.03 Contingent Liabilities 0.00 65.09 112.43 109.44 116.79 All figures in Rs Cr, unless mentioned otherwise
Annual FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 Net Cash flow from Operating Activities 0.00 29.73 57.61 33.35 20.81 Net Cash used in Investing Activities 0.00 -6.32 -25.76 -32.97 -37.36 Net Cash flow from Financing Activities 0.00 -26.60 -34.06 2.52 16.19 Net Cash Flow 0.00 -3.19 -2.22 2.90 -0.35 Closing Cash & Cash Equivalent 0.00 3.18 6.37 8.59 5.69 Closing Cash & Cash Equivalent Growth (%) -100.00 -50.10 -25.82 50.92 -5.81 Total Debt/ CFO (x) - 2.61 1.54 3.10 3.93 All figures in Rs Cr, unless mentioned otherwise
InsightsIncrease in Cash from Investing
Company has used Rs 48.21 cr for investing activities which is an YoY increase of 202.81%. (Source: Standalone Financials)
Annual FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 Return on Equity (%) 5.89 6.37 9.55 12.08 18.09 Return on Capital Employed (%) 15.24 18.55 18.09 20.13 25.74 Return on Assets (%) 2.77 2.37 3.42 4.01 5.96 Interest Coverage Ratio (x) 2.60 1.78 1.69 1.81 2.81 Asset Turnover Ratio (x) 1.79 172.14 166.57 145.40 142.64 Price to Earnings (x) 21.41 10.37 6.43 6.82 7.59 Price to Book (x) 1.26 0.66 0.61 0.82 1.37 EV/EBITDA (x) 5.81 3.48 3.51 4.15 4.49 EBITDA Margin (%) 8.84 10.68 10.97 12.18 13.77
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Peer Comparison
NAME 1D 1W 1M 3M 1Y 3Y 5Y Hitech Corporation Stock Performance 7.24 20.75 23.77 17.02 18.61 47.37 174.46 Manaksia Ltd Stock Performance 0.24 -2.45 -8.77 -17.14 -47.50 47.17 161.17 B&B Triplewall Containers Stock Performance -1.36 -1.38 -2.61 -11.67 10.48 232.92 0.00 Shree Rama Multi Stock Performance -5.03 23.82 21.55 15.88 173.76 89.46 485.10 Commercial Syn Bags Stock Performance -1.09 12.22 9.96 -1.28 0.00 0.00 0.00 All values in %
Insights
Stock Returns vs Nifty Smallcap 100
Stock gave a 3 year return of 47.37% as compared to Nifty Smallcap 100 which gave a return of 80.38%. (as of last trading session)
Mutual Funds Ownership
No Data Available
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Corporate Actions
Final
10%
May 16, 2024
Board Meeting
Audited Results & Final Dividend
May 10, 2024
Board Meeting
Audited Results
Jan 31, 2024
Announced on Ex-Date Dividend% May 16, 2024 Jul 19, 2024 10% May 17, 2023 Jun 30, 2023 10% May 16, 2022 Jul 07, 2022 10% May 21, 2021 Jul 20, 2021 10% May 13, 2019 Sep 20, 2019 9% No Data Available
No Data Available
No Data Available
Announced on Meeting on Nov 22, 2023 Dec 26, 2023 - May 17, 2023 Jul 08, 2023 - May 16, 2022 Jul 16, 2022 - May 21, 2021 Jul 29, 2021 Book closure from 23 Jul, 2021 to 29 Jul, 2021 Feb 26, 2021 Mar 29, 2021 -
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About
Hitech Corporation Ltd., incorporated in the year 1991, is a Small Cap company (having a market cap of Rs 436.76 Crore) operating in Packaging sector.
Hitech Corporation Ltd. key Products/Revenue Segments include Containers Plastic, Scrap and Wind Mills for the year ending 31-Mar-2024.
For the quarter ended 31-03-2024, the company has reported a Standalone Total Income of Rs 139.13 Crore, up 7.04 % from last quarter Total Income of Rs 129.97 Crore and up 7.52 % from last year same quarter Total Income of Rs 129.40 Crore. Company has reported net profit after tax of Rs 6.64 Crore in latest quarter.
The company’s top management includes Mr.Jayendra R Shah, Mrs.Ina Ashwin Dani, Mr.Malav A Dani, Mr.Mehernosh A Mehta, Mr.Aditya M Sheth, Dr.Anjan C Ray, Mr.Bomi P Chinoy, Mr.Harish N Motiwalla, Ms.Kalpana V Merchant, Dr.Prakash D Trivedi, Mrs.Avan R Chaina, Mr.Ashish Roongta. Company has Kalyaniwalla & Mistry LLP as its auditors. As on 31-03-2024, the company has a total of 1.72 Crore shares outstanding.
About Hitech Corporation
Hitech Corporation Ltd., incorporated in the year 1991, is a Small Cap company (having a market cap of Rs 436.76 Crore) operating in Packaging sector. Hitech Corporation Ltd. key Products/Revenue Segments include Containers Plastic, Scrap and Wind Mills for the year ending 31-Mar-2024.For the quarter ended 31-03-2024, the company has reported a Standalone Total Income of Rs 139.13 Crore, up 7.04 % from last quarter Total Income of Rs 129.97 Crore and up 7.52 % from last year same quarter Total Income of Rs 129.40 Crore. Company has reported net profit after tax of Rs 6.64 Crore in latest quarter.The company’s top management includes Mr.Jayendra R Shah, Mrs.Ina Ashwin Dani, Mr.Malav A Dani, Mr.Mehernosh A Mehta, Mr.Aditya M Sheth, Dr.Anjan C Ray, Mr.Bomi P Chinoy, Mr.Harish N Motiwalla, Ms.Kalpana V Merchant, Dr.Prakash D Trivedi, Mrs.Avan R Chaina, Mr.Ashish Roongta. Company has Kalyaniwalla & Mistry LLP as its auditors. As on 31-03-2024, the company has a total of 1.72 Crore shares outstanding.
Key Indices Listed On
-
Address
Unit No. 201, 2nd Floor,Welspun House, Kamala City,Senapati Bapat Marg,Mumbai, Maharashtra - 400013
Executive Leadership
JR
Jayendra R Shah
Chairman, Non Ind & Non Exe DirectorIA
Ina Ashwin Dani
Vice Chairperson (Non-Executive)MA
Malav A Dani
Promoter Managing DirectorMA
Mehernosh A Mehta
Whole Time DirectorShow More
Auditors
Kalyaniwalla & Mistry LLP
FAQs about Hitech Corporation share
- 1. What's the Hitech Corporation share price today?Hitech Corporation share price was Rs 254.29 as on 12 Jul, 2024, 03:59 PM IST. Hitech Corporation share price was up by 7.24% based on previous share price of Rs. 235.4. In last 1 Month, Hitech Corporation share price moved up by 16.45%.
- 2. What is the CAGR of Hitech Corporation ?The CAGR of Hitech Corporation is 5.88.
- 3. What is the PE & PB ratio of Hitech Corporation ?The PE ratio of Hitech Corporation stands at 18.51, while the PB ratio is 1.55.
- 4. What is the market cap of Hitech Corporation ?Within the Packaging sector, Hitech Corporation stock has a market cap rank of 15. Hitech Corporation has a market cap of Rs 436.76 Cr.
- 5. Who's the chairman of Hitech Corporation ?Jayendra R Shah is the Chairman, Non Ind & Non Exe Director of Hitech Corporation
- 6. Who are the peers for Hitech Corporation in Packaging sector?Within Packaging sector Hitech Corporation , Shree Rama Multi-Tech Ltd., B&B Triplewall Containers Ltd., Commercial Syn Bags Ltd., Kanpur Plastipack Ltd., Worth Peripherals Ltd., Emmbi Industries Ltd., Manaksia Ltd., Beardsell Ltd., AMD Industries Ltd. and Rollatainers Ltd. are usually compared together by investors for analysis.
- 7. What are the key metrics to analyse Hitech Corporation Share Price?Hitech Corporation share can be quickly analyzed on following metrics:
- Stock's PE is 19.85
- Price to Book Ratio of 1.55
- 8. What are the returns for Hitech Corporation share?Return Performance of Hitech Corporation Shares:
- 1 Week: Hitech Corporation share price moved up by 7.24%
- 1 Month: Hitech Corporation share price moved up by 16.45%
- 3 Month: Hitech Corporation share price moved up by 21.58%
- 6 Month: Hitech Corporation share price moved down by 7.28%
- 9. What has been highest price of Hitech Corporation share in last 52 weeks?52 Week high of Hitech Corporation share is Rs 309.00 while 52 week low is Rs 179.90
- 10. Who are the key owners of Hitech Corporation stock?Promoter and FII owns 74.43, 0.0 shares of Hitech Corporation as on 31 Mar 2024
- There is no change in promoter holding from 31 Dec 2023 to 31 Mar 2024
- Foreign Institutional Investors holding has gone up from 0.0 (31 Dec 2023) to 0.1 (31 Mar 2024)
- Other investor holding have gone down from 25.56 (31 Dec 2023) to 25.47 (31 Mar 2024)
- 11. What are the Hitech Corporation quarterly results?Total Revenue and Earning for Hitech Corporation for the year ending 2024-03-31 was Rs 563.41 Cr and Rs 22.00 Cr on Standalone basis. Last Quarter 2024-03-31, Hitech Corporation reported an income of Rs 139.13 Cr and profit of Rs 6.64 Cr.
- 12. What dividend is Hitech Corporation giving?An equity Final dividend of Rs 1 per share was declared by Hitech Corporation Ltd. on 16 May 2024. So, company has declared a dividend of 10% on face value of Rs 10 per share. The ex dividend date is 19 Jul 2024.
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