Hitech Corporation Ltd.

196.95 +0.25 ▲0.1%

28 March 2024, 04:01:00 PM
Volume: 2,095

Company Profile

Sector Plastic Products Sector Icon Plastic Products Compare with Sector peers
Industry Plastic Products Industry Icon Plastic Products Compare with Industry peers
Website http://www.hitechgroup.com
Market Cap 338.28 Cr.
Enterprise Value(EV) 400.58 Cr. 2023-09
Financial Indicators
Earnings per share (EPS) 14.08 Trailing Twelve Months Ending 2023-12
Price-Earning Ratio (PE) 13.99 Trailing Twelve Months Ending 2023-12
Industry PE 41.33 Trailing Twelve Months Ending 2023-12
Book Value / Share 149.57 Trailing Twelve Months Ending 2023-12
Price to Book Value 1.32 Calculated using Price: 196.95
Dividend Yield 0.51 Period Ending 2023-03
No. of Shares Subscribed 1.72 Cr. 17,175,700 Shares
FaceValue 10
About Hitech Corporation Ltd.
Hitech Plast (HPL) incorporated in 1991; is engaged in the manufacturing and marketing of innovative polymer products to various industries paints, personal care and cosmetic packaging, agro chemicals and lube, health and pharma products, confectionary and retail household products.

Hitech Corporation Ltd. Delivery

Delivered Qty
Traded Qty

Hitech Corporation Ltd. Performance

1 Day
+0.13%
1 Week
-2.74%
1 Month
-15.00%
3 Month
-24.24%
6 Month
-14.37%
1 Year
+22.67%
2 Year
-17.11%
5 Year
+84.07%
10 Year
+304.83%

Hitech Corporation Ltd. Fundamental Ratios

9 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03 2023-03
Return on Equity (%) 6.89 11.38 6.69 5.28 10.43 1.43 9.76 18.74 12.31
Return on Capital Employed (%) 13.44 14.7 10.06 9.2 13.79 7.87 12.45 20.83 16.56
Return on Assets (%) 3.19 5.85 3.49 2.36 4.33 0.6 4.5 9.38 6.63

Hitech Corporation Ltd. Balance Sheet

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-09* Rs. Cr.
Shh. Funds 146 166 144 150 164 165 182 217 243 254
Non Curr. Liab. 14 8 51 86 118 106 74 103 89 20
Curr. Liab. 89 59 108 119 121 114 113 110 93 84
Minority Int.
Equity & Liab. 249 234 303 355 404 386 369 429 425 358
Non Curr. Assets 140 116 169 231 294 297 276 317 319 260
Curr. Assets 109 118 134 124 110 89 93 111 106 98
Misc. Exp. not W/O
Total Assets 249 234 303 355 404 386 369 429 425 358

Hitech Corporation Ltd. Profit and Loss

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-12 Rs. Cr. TTM
Net Sales 465 393 367 388 462 460 447 588 559 552
Other Income 1 1 1 6 1 1 1 1 5 2
Total Income 466 393 368 395 463 462 449 589 564 553
Total Expenditure -425 -347 -332 -351 -411 -401 -383 -503 -488 -483
PBIDT 41 46 36 43 52 60 66 87 76 70
Interest -16 -11 -9 -14 -20 -24 -19 -16 -14 -14
Depreciation -16 -16 -13 -18 -21 -30 -30 -30 -29 -29
Taxation -2 -6 -4 -4 -9 -1 -5 -13 -9 -8
Exceptional Items 15 -3 6 10 4 4
PAT 7 14 9 8 16 2 17 37 28 24
Adjusted EPS 4 8 5 5 10 1 10 22 16 14

Hitech Corporation Ltd. Cash Flow

Particulars 10 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr.
Cash Fr. Operatn. 17 39 41 37 43 86 56 65 73 69
Cash Fr. Inv. -6 -6 -7 -63 -80 -84 -25 -9 -6 -16
Cash Fr. Finan. -13 -33 -35 27 41 -6 -31 -52 -65 -54
Net Change -1 0 -1 1 3 -5 1 4 2 -1
Cash & Cash Eqvt 1 3 2 -4 -1 -6 -5 -1 0 -1

Hitech Corporation Ltd. Shareholding Pattern

9 Qtrs 2021-12 (%) 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%) 2023-12 (%)
Promoter 74.43 74.43 74.43 74.43 74.43 74.43 74.43 74.43 74.43
Public 25.57 25.57 25.57 25.57 25.57 25.57 25.57 25.57 25.57
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Hitech Corporation Ltd. Announcements

Thu, 28 Mar 2024
Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
Pursuant to Regulation 30 of SEBI (LODR) 2015 we are hereby submitting the Postal Ballot Notice to approve the following matters:1. To approve the appointment of Dr. Anjan Ray (DIN: 03630088) as Independent Non-Executive Director w.e.f 07/02/2024.2. To approve the appointment of Mr. Jayendra Shah (DIN: 00132613) as Non-Executive Non-independent Director of the Company and approval for appointment beyond 75 years of age.
Thu, 28 Mar 2024
Closure of Trading Window
Intimation for Closure of Trading Window under code of conduct for prevention of Insider Trading from Monday 1st April 2024 till 48 hours from the date of declaration of Financial Results for the quarter and financial year ending 31st March 2024.
Wed, 27 Mar 2024
Board Meeting Outcome for Outcome Of Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015
I. Pursuant to the Regulation 30 of the of the Securities and Exchange Board of India (LODR) Regulations 2015 ("Listing Regulations") we would like to inform you that Mr. Jayendra R. Shah (DIN: 00132613) and Mr. Harish Narendra Motiwalla (DIN: 00029835) will retire from the position of the Independent Directors on completion of their second term of office as an Independent Directors of the Company effecting from the close of business hours on 31st March 2024. II. The Board of Directors at its Meeting held today i.e. 27th March 2024 has proposed the appointment of Mr. Jayendra R. Shah who is above 75 years of age as Non-Executive Non-Independent Director of the Company w.e.f. from the date of approval of shareholders by special resolution pursuant to Regulation 17(1A) of Listing Regulations. Mr. Jayendra R. Shah will be appointed as Chairman of the Board with effect from the date of his appointment as Non-Executive Non-Independent Director of the Company.

Hitech Corporation Ltd. Technical Scans

Wed, 27 Mar 2024
High Delivery Percentage High Delivery Percentage
Close Crossing Last Week Low Close Crossing Last Week Low
Closing Below Previous Low Closing Below Previous Low
Close Below Last Week Low Close Below Last Week Low
Close Below Last Month Low Close Below Last Month Low

Hitech Corporation Ltd. Related Stocks

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Astral Ltd. 53,650.19 1,996.40 0.0%
Supreme Industries Ltd. 53,025.46 4,217.00 +1.0%
Finolex Industries Ltd. 15,465.39 246.90 -0.9%
Responsive Industries Ltd. 7,842.16 280.20 -3.2%
Prince Pipes and Fittings Ltd. 6,156.04 549.45 -1.3%
Time Technoplast Ltd. 5,782.15 249.65 -2.2%
EPL Ltd. 5,737.19 179.30 -0.5%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Astral Ltd. Consolidated 2023-12 94.09 1,996.40 0.0%
Supreme Industries Ltd. Consolidated 2023-12 49.36 4,217.00 +1.0%
Finolex Industries Ltd. Consolidated 2023-12 32.55 246.90 -0.9%
Responsive Industries Ltd. Consolidated 2023-12 57.70 280.20 -3.2%
Prince Pipes and Fittings Ltd. Standalone 2023-12 27.73 549.45 -1.3%
Time Technoplast Ltd. Consolidated 2023-12 20.53 249.65 -2.2%
EPL Ltd. Consolidated 2023-12 20.85 179.30 -0.5%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Astral Ltd. Consolidated 2023-12 17.80 1,996.40 0.0%
Supreme Industries Ltd. Consolidated 2023-12 10.95 4,217.00 +1.0%
Finolex Industries Ltd. Consolidated 2023-12 2.72 246.90 -0.9%
Responsive Industries Ltd. Consolidated 2023-12 7.00 280.20 -3.2%
Prince Pipes and Fittings Ltd. Standalone 2023-12 4.14 549.45 -1.3%
Time Technoplast Ltd. Consolidated 2023-12 2.35 249.65 -2.2%
EPL Ltd. Consolidated 2023-12 2.74 179.30 -0.5%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Astral Ltd. Consolidated 2023-03 0.03 1,996.40 0.0%
Supreme Industries Ltd. Consolidated 2023-03 0.00 4,217.00 +1.0%
Finolex Industries Ltd. Consolidated 2023-03 0.11 246.90 -0.9%
Responsive Industries Ltd. Consolidated 2023-03 0.26 280.20 -3.2%
Prince Pipes and Fittings Ltd. Standalone 2023-03 0.04 549.45 -1.3%
Time Technoplast Ltd. Consolidated 2023-03 0.36 249.65 -2.2%
EPL Ltd. Consolidated 2023-03 0.39 179.30 -0.5%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Astral Ltd. Consolidated 2023-03 18.23 1,996.40 0.0%
Supreme Industries Ltd. Consolidated 2023-03 20.99 4,217.00 +1.0%
Finolex Industries Ltd. Consolidated 2023-03 5.68 246.90 -0.9%
Responsive Industries Ltd. Consolidated 2023-03 2.48 280.20 -3.2%
Prince Pipes and Fittings Ltd. Standalone 2023-03 9.24 549.45 -1.3%
Time Technoplast Ltd. Consolidated 2023-03 10.34 249.65 -2.2%
EPL Ltd. Consolidated 2023-03 12.28 179.30 -0.5%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Astral Ltd. Consolidated 2023-03 18.23 1,996.40 0.0%
Supreme Industries Ltd. Consolidated 2023-03 20.99 4,217.00 +1.0%
Finolex Industries Ltd. Consolidated 2023-03 5.68 246.90 -0.9%
Responsive Industries Ltd. Consolidated 2023-03 2.48 280.20 -3.2%
Prince Pipes and Fittings Ltd. Standalone 2023-03 9.24 549.45 -1.3%
Time Technoplast Ltd. Consolidated 2023-03 10.34 249.65 -2.2%
EPL Ltd. Consolidated 2023-03 12.28 179.30 -0.5%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Astral Ltd. Consolidated 2023-03 5,158.50 1,996.40 0.0%
Supreme Industries Ltd. Consolidated 2023-03 9,201.59 4,217.00 +1.0%
Finolex Industries Ltd. Consolidated 2023-03 4,397.05 246.90 -0.9%
Responsive Industries Ltd. Consolidated 2023-03 973.66 280.20 -3.2%
Prince Pipes and Fittings Ltd. Standalone 2023-03 2,710.87 549.45 -1.3%
Time Technoplast Ltd. Consolidated 2023-03 4,289.44 249.65 -2.2%
EPL Ltd. Consolidated 2023-03 3,694.10 179.30 -0.5%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Astral Ltd. Consolidated 2023-03 459.50 1,996.40 0.0%
Supreme Industries Ltd. Consolidated 2023-03 865.33 4,217.00 +1.0%
Finolex Industries Ltd. Consolidated 2023-03 250.70 246.90 -0.9%
Responsive Industries Ltd. Consolidated 2023-03 24.44 280.20 -3.2%
Prince Pipes and Fittings Ltd. Standalone 2023-03 121.42 549.45 -1.3%
Time Technoplast Ltd. Consolidated 2023-03 223.77 249.65 -2.2%
EPL Ltd. Consolidated 2023-03 230.70 179.30 -0.5%

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