Hitech Corporation Limited
Hitech Corporation Limited (HITECHCORP): company summary
The company's business improved in the latest quarter, with revenue rising 36.9% and net profit jumping 49.7% compared to the same quarter a year earlier.
Hitech Corporation Limited (HITECHCORP) is a micro-cap Capital Goods company valued at ₹709 crore operating in Packaging on the NSE and BSE.
- Recent price move
- Hitech Corporation Limited last traded at ₹411.45, up 4.99% on the day.
- Recent developments
- On 2026-09-04, the company announced a dividend of ₹1.00 per share, effective from that date. In the latest quarter, net profit rose sharply to ₹7 crore, outperforming the ₹5 crore in the same quarter a year earlier. Domestic institutional holding increased by 0.09 percentage points to 0.13%.
- Financial performance
- The company's business improved in the latest quarter, with revenue rising 36.9% and net profit jumping 49.7% compared to the same quarter a year earlier. Annual revenue grew 14.2% to ₹640 crore, while annual net profit surged 68.8% to ₹15 crore. The net profit margin widened to 2.4% from 1.6% in the prior year, but return on equity remained at 0.0%.
- Valuation multiples
- The stock trades at 46.5 times earnings, 1.98 times book value. It yields 0.3%.
- Things to watch
- The company's return on equity remains at 0.0%, indicating no return to shareholders. The stock is 1.7% below its 52-week high, and profit growth has slowed significantly over the past five years, with a -2.2% CAGR. The latest quarter's net profit was ₹7 crore, up from a ₹3 crore loss in the prior year's quarter.
- Where it stands
- Hitech Corporation Ltd's latest quarter showed strong growth in both revenue and net profit, with the latter rising 49.7% year-over-year. The stock is 1.7% below its 52-week high, and the company's return on equity remains at 0.0%. The most significant movement was in net profit, which rose to ₹7 crore in the latest quarter.
Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
Price performance
Supported by risk (7.8) and momentum (7.5), but held back by growth (1.8). Risk looks strong at 7.8, but that is offset by growth at 1.8. We are calling it Mixed rather than resolving the conflict for you.
DocStoX score
Low confidenceAt a glance
Key highlights
- Profitable in all of the last 5 years
- Profit shrinking 2% a year
- Growth is weak (1.8/10)
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About the company
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Hitech Corporation Limited peers in Capital Goods
Other Capital Goods stocks on the NSE & BSE. See the full Capital Goods sector list.
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