Hitech Corporation share price & results
- Jun 2026
- Sept 2026
Rigid plastic packaging manufacturer (pails, bottles, drums, jars) for FMCG, agrochemical, pharma, paints and personal-care brands, plus thermoset moulded components (switchgear, automotive, kitchenware) via subsidiary Thriarr Polymers.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 211 | +38.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 10.2 | −1.6 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 6.2 | +81.8% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | 6.85 | +3.2 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | 1.22 | +1.5 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 20.13 | +9.3 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance +120.4% 1Y
1Y: ₹186.98 on 24 Oct 2025 → ₹412.15. High ₹413.75 (16 Oct 2026), low ₹114.31 (30 Mar 2026).
- Previous close
- ₹411.2
- Market cap
- ₹713 Cr
- 52-week range
- ₹114.31 – ₹413.75
- One year
- +119.80%
- Price to earnings (TTM to Jun 2026)
- 37.53×
- Return on equity (TTM to Jun 2026)
- 6.85%
Overview
- Symbol
- NSE:HITECHCORP
- Sector
- Capital Goods
- Industry
- Industrials
- Exchange
- NSE
- Currency
- INR
What Hitech Corporation Limited does
Based on the company's own presentations, annual report and earnings calls.
Hitech Corporation manufactures rigid plastic packaging - pails (1L-20L), bottles (5ml-5L) and large drums (up to 250L) - using injection moulding, extrusion/injection/stretch blow moulding and multiple labelling technologies (in-mould labelling, dry offset, heat transfer, screen printing, hot foil stamping, metallizing). It serves food & beverage, pharmaceuticals, home and personal care, agrochemicals, paints and construction-chemical customers, supported by a Technology Centre in Pune that handles design, prototyping and mould development. Through its wholly owned subsidiary Thriarr Polymers, the company also makes thermoset moulded products - switchgear components, kitchenware and automobile parts - and develops precision moulds and dies. A US subsidiary, Hitech Global Inc, was set up to market products and source technology internationally.
Segments
- Rigid plastic packaging
- Thermoset moulded components (Thriarr Polymers)
- Manufacturing/technology locations
- 13 nationwide across India
- Manufacturing space
- 1 mil sq. ft.
- Product SKUs
- 1200+
- Total employees
- 662
- New products launched (FY2025)
- 200
- Mould designs developed (Technology Centre)
- 500+
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2011 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +82% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 147 | 123 | 137 | 153 | 148 | 132 | 152 | 211 |
| Expenses | 130 | 110 | 124 | 135 | 132 | 120 | 133 | 189 |
| Operating profit | 17 | 13 | 13 | 18 | 16 | 11 | 19 | 21 |
| Operating margin | 11.5% | 10.7% | 9.7% | 11.8% | 10.8% | 8.7% | 12.2% | 10.2% |
| Other income | 0 | 1 | -0 | 0 | 0 | -2 | 2 | 1 |
| Interest | 4 | 4 | 4 | 4 | 5 | 4 | 5 | 5 |
| Depreciation | 9 | 9 | 9 | 9 | 9 | 9 | 10 | 10 |
| Profit before tax | 4 | 1 | -0 | 5 | 2 | -4 | 7 | 8 |
| Tax rate | 28.7% | −16.4% | 23.5% | 26.4% | 24.1% | −23.5% | 6.3% | 22.8% |
| Net profit | 3 | 1 | -0 | 3 | 2 | -3 | 6 | 6 |
| EPS (₹ per share) | 1.70 | 0.83 | -0.24 | 1.98 | 0.88 | -1.90 | 3.71 | 3.60 |
| Line item | Mar 2015 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Sales | 465 | 559 | 562 | 549 | 584 |
| Expenses | 425 | 484 | 489 | 490 | 520 |
| Operating profit | 40 | 74 | 73 | 60 | 64 |
| Other income | 1 | 6 | 1 | 3 | 1 |
| Interest | 16 | 14 | 14 | 16 | 18 |
| Depreciation | 16 | 29 | 30 | 36 | 38 |
| Profit before tax | 9 | 37 | 30 | 10 | 9 |
| Net profit | 7 | 28 | 22 | 8 | 8 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 200 | 226 | 246 | 253 | 261 | 259 |
| Borrowings | 99 | 63 | 80 | 114 | 132 | 136 |
| Other liabilities | 38 | 34 | 45 | 56 | 63 | 61 |
| Total liabilities | 354 | 340 | 389 | 440 | 474 | 472 |
| Fixed assets | 245 | 228 | 256 | 273 | 294 | 270 |
| Capital work in progress | 2 | 6 | 15 | 13 | 13 | 12 |
| Investments | 0 | 0 | 1 | 29 | 1 | 28 |
| Other assets | 107 | 106 | 117 | 127 | 165 | 163 |
| Total assets | 354 | 340 | 389 | 440 | 474 | 472 |
| Line item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 21 | 33 | 58 | 30 | 47 | 37 |
| Cash from investing | -37 | -33 | -26 | -6 | -64 | -45 |
| Cash from financing | 16 | 3 | -34 | -27 | 16 | 8 |
| Net cash flow | 0 | 3 | -2 | -3 | 0 | 0 |
| Free cash flow | -17 | 0 | 31 | 23 | -2 | 3 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 36 | 27 | 24 | 28 | 30 | 38 |
| Inventory days | 53 | 43 | 39 | 45 | 53 | 70 |
| Days payable | 25 | 19 | 18 | 21 | 24 | 32 |
| Cash conversion cycle | 64 | 50 | 45 | 52 | 59 | 76 |
| Working capital days | -22 | 0 | 7 | 6 | -5 | 11 |
| Return on capital employed | 10.0% | 17.0% | 15.0% | 13.0% | 7.0% | 7.0% |
| Dividend payout | 10.0% | 5.0% | 6.0% | 8.0% | 22.0% | 21.0% |
What the price assumes
Growth trapTo justify its price of ₹412, this stock must grow earnings at 25% every year for 7 years. Our analysis caps realistic growth at ~-37%. At that growth it is worth ₹16 — downside of 96%.
- Growth the price implies
- 24.7% a year
- for 7 years, fading to 4%
- It has actually compounded at
- -37.4% a year
- net profit, FY23–FY26 · EPS -37.4%
- The gap
- 0.6 pp
- -96% downside if it only repeats history
Ownership
Who owns it
Promoters hold 74.44% as of Sept 2026; institutions cut 0.09 pts since Jun 2026.
- Promoters 74.44%
- Foreign institutions 0.00%
- Domestic institutions 0.04%
- Government 0.02%
- Public 25.51%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- +0.39 pp 1.76% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of Hitech Corporation Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 69.11% | unchanged | |
| 1.76% | +0.39 pp | |
| 1.70% | unchanged | |
| 1.52% | unchanged | |
| 1.03% | unchanged | |
| 0.31% | unchanged | |
| 0.24% | unchanged | |
| 0.19% | unchanged | |
| 0.17% | unchanged | |
| 0.09% | unchanged | |
| 0.04% | unchanged | |
| 0.03% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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