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Hitech Corporation Ltd
(HITECHCORP)
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Rating:54Neutral
Price Target:
₹346.00
▲(105.71% Upside)
Action:Reiterated
Date:09/06/26
The score is held back mainly by weakening cash generation (negative free cash flow) and margin compression, which reduce financial flexibility despite a moderate balance sheet. This is partially offset by strong technical trend/momentum, but valuation is relatively rich given the high P/E and low dividend yield.
Positive Factors
Revenue and EPS Growth
The reported growth rates indicate that Hitech has expanded revenue while improving earnings per share, supporting evidence of operating traction. If growth remains repeatable, it can strengthen internal funding capacity and help the company maintain customer and market relevance over the next several quarters.
Negative Factors
Weak Cash Generation
Persistent negative free cash flow and weaker operating cash generation indicate that accounting earnings are not converting efficiently into cash. This can reduce financial flexibility, increase reliance on external funding, and constrain the company’s ability to reinvest while conditions remain challenging.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue and EPS Growth
The reported growth rates indicate that Hitech has expanded revenue while improving earnings per share, supporting evidence of operating traction. If growth remains repeatable, it can strengthen internal funding capacity and help the company maintain customer and market relevance over the next several quarters.
Read all positive factors
Hitech Corporation Ltd (HITECHCORP) vs. iShares MSCI India ETF (INDA)
Market Cap
₹5.83B
Dividend Yield0.3%
Average Volume (3M)291.00
Price to Earnings (P/E)33.0
Beta (1Y)1.11
Revenue Growth20.12%
EPS Growth79.10%
CountryIN
Employees655
SectorGeneral
Sector StrengthN/A
IndustryPackaging & Containers
Share Statistics
EPS (TTM)10.22
Shares Outstanding17,175,700
10 Day Avg. Volume150
30 Day Avg. Volume291
Financial Highlights & Ratios
PEG Ratio0.18
Price to Book (P/B)0.69
Price to Sales (P/S)0.31
P/FCF Ratio-18.88
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Hitech Corporation Ltd Business Overview & Revenue Model
Company Description
Hitech Corporation Limited is an entity dedicated to the manufacturing, sale, and international export of robust plastic packaging. These versatile containers find application across numerous sectors, including paints and coatings, products for pe...
Hitech Corporation Ltd Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
62
Positive
Cash Flow
33
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.01B | 6.40B | 5.61B | 5.62B | 5.59B | 5.86B |
| Gross Profit | 2.22B | 1.66B | 622.60M | 758.76M | 2.09B | 2.15B |
| EBITDA | 796.00M | 774.90M | 644.39M | 739.89M | 791.48M | 961.39M |
| Net Income | 175.49M | 151.89M | 89.37M | 220.03M | 283.29M | 373.97M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 4.89B | 4.51B | 3.89B | 3.40B | 3.54B |
| Cash, Cash Equivalents and Short-Term Investments | 79.82M | 79.82M | 24.46M | 7.04M | 24.15M | 7.79M |
| Total Debt | 0.00 | 1.37B | 1.17B | 803.84M | 630.48M | 988.59M |
| Total Liabilities | -2.85B | 2.04B | 1.80B | 1.26B | 972.38M | 1.37B |
| Stockholders Equity | 2.85B | 2.85B | 2.71B | 2.63B | 2.43B | 2.17B |
Cash Flow | ||||||
| Free Cash Flow | 42.55M | -104.04M | -201.97M | 32.28M | 506.59M | 535.69M |
| Operating Cash Flow | 259.08M | 264.57M | 480.97M | 545.74M | 693.29M | 726.79M |
| Investing Cash Flow | -274.67M | -480.71M | -623.89M | -482.11M | -159.21M | -59.10M |
| Financing Cash Flow | 18.18M | 246.39M | 290.87M | -80.73M | -543.27M | -650.57M |
Hitech Corporation Ltd Technical Analysis
Positive
168.20
Price Trends
323.06
Positive
266.30
Positive
211.39
Positive
Market Momentum
4.92
Negative
67.62
Neutral
83.89
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:HITECHCORP, the sentiment is Positive. The current price of 168.2 is below the 20-day moving average (MA) of 330.01, below the 50-day MA of 323.06, and below the 200-day MA of 211.39, indicating a bullish trend. The MACD of 4.92 indicates Negative momentum. The RSI at 67.62 is Neutral, neither overbought nor oversold. The STOCH value of 83.89 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:HITECHCORP.
Hitech Corporation Ltd Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | ₹6.12B | 13.20 | ― | 0.84% | 9.69% | 125.91% | |
68 Neutral | ₹5.60B | 18.65 | ― | 1.39% | 25.92% | 22.48% | |
64 Neutral | ₹6.02B | 8.27 | ― | 0.61% | -3.96% | 26.16% | |
59 Neutral | ₹12.17B | 40.49 | ― | 0.13% | 12.22% | 42.84% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | ₹5.83B | 32.97 | ― | 0.30% | 20.12% | 79.10% |
* General Sector Average
IN:HITECHCORP
Hitech Corporation Ltd
339.50
140.19
70.34%
IN:COMSYN
Commercial Syn Bags Limited
301.80
146.70
94.58%
IN:KANPRPLA
Kanpur Plastipack Limited
250.15
31.02
14.16%
IN:NAHARPOLY
Nahar Poly Films Limited
245.00
-43.27
-15.01%
IN:TIRUPATI
Shree Tirupati Balajee FIBC Ltd.
308.00
-221.30
-41.81%
IN:TPLPLASTEH
TPL Plastech Limited
71.81
-3.22
-4.29%
Hitech Corporation Ltd Corporate Events
Hitech Corporation Wins Shareholder Nod for Voluntary Delisting and Board Changes
Jul 10, 2026
Hitech Corporation Limited has secured shareholder approval via postal ballot and remote e-voting for the voluntary delisting of its equity shares from the BSE and National Stock Exchange of India. The company reported that public shareholder vote...
Hitech Corporation Wins Shareholder Nod for Board Changes
Jul 10, 2026
Hitech Corporation Limited has secured shareholder approval via postal ballot for the re-appointment of Managing Director Malav Dani and the appointment of Mehli Golvala as an Independent Non-Executive Director. Dani’s new five-year term wil...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.