Hitech Corporation Limited (HITECHCORP)
ISIN: - Industry: Packaging & Containers Sector: Consumer Cyclical Website
233
-2.15(-0.91%)

Hitech Corporation Limited manufactures, sells, and exports rigid plastic containers in India and internationally. Its products have applications in paints and coatings, home care, personal care, FMCG, food and beverages, health care, agrochemicals, and lubricants. The company was formerly known as Hitech Plast Limited and changed its name to Hitech Corporation Limited in May 2017. Hitech Corporation Limited was incorporated in 1991 and is headquartered in Mumbai, India. Hitech Corporation Limited is a subsidiary of Geetanjali Trading and Investments Private Limited.

Pricing Updates

TODAY'S HIGH

239.35

TODAY'S LOW

226.5

52 WEEK HIGH

338

52 WEEK LOW

167.45

Major Holders

% of Shares Held by
All Insider

76.50%

% of Shares Held by
Institutions

0.00%

% of Float Held by
Institutions

0.00%

Number of Institutions
Holding Shares

0

Company Overview

MARKET CAP

400.19 Cr.

ETERPRISE VALUE

497.86 Cr.

NO. OF SHARES

1.71 Cr.

BOOK VALUE

126.384

DIV. YIELD

1%

DEBT

98.85 Cr.

GROSS PROFIT

217.33 Cr.

CASH

95.92 Lakhs

REVENUE

588.45 Cr.

REVENUE/SHARE

342.562

OHLC Chart 1y 2y 5y 10y

Price Chart

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Volumes Chart

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Cashflows

ParticularsMar 2022Mar 2021Mar 2020Mar 2019
Investments-71 k-77 k50.42 Lakhs-5.17 Lakhs
Change To Liabilities99.36 Lakhs1.97 Cr.71.33 Lakhs-5.08 Cr.
Total cashflows from Investing Activities-5.90 Cr.-8.94 Cr.-24.64 Cr.-84.43 Cr.
Net Borrowings-39.74 Cr.-16.64 Cr.-4.97 Cr.20.24 Cr.
Total Cash from Financing Activities-65.05 Cr.-52.24 Cr.-31.09 Cr.-6.11 Cr.
Other Liabilities42.65 Lakhs7.75 Cr.-17.14 Cr.13.23 Cr.
Total Assets0000
Net Income37.39 Cr.16.95 Cr.2.35 Cr.16.40 Cr.
Change in Cash1.71 Cr.3.64 Cr.60.18 Lakhs-4.94 Cr.
Effect of Exchange Rate0000
Total Cash from Operating Activities72.67 Cr.64.82 Cr.56.34 Cr.85.60 Cr.
Depreciation30.01 Cr.29.40 Cr.29.85 Cr.21.33 Cr.
Other Cashflows from Investing Activities15.12 Lakhs51.35 Lakhs57.98 Lakhs22.97 Lakhs
Dividends Paid-2.42 Cr.-3.25 Cr.-3.97 Cr.-4.46 Cr.
Change to Inventory-4.88 Cr.-3.88 Cr.5.09 Cr.-2.47 Cr.
Change to Account Receivables35.13 Lakhs-1.53 Cr.11.92 Cr.19.16 Cr.
Other Cashflows from Financing Activities-15.43 Cr.-17.43 Cr.-22.14 Cr.-17.95 Cr.
Change to Net Income8.38 Cr.14.04 Cr.23.42 Cr.22.93 Cr.
Capital Expenditures-19.11 Cr.-17.27 Cr.-25.98 Cr.-84.81 Cr.

Financials

ParticularsMar 2022Mar 2021Mar 2020Mar 2019
Research DevelopmentNoneNoneNoneNone
Effect of Accounting ChargesNoneNoneNoneNone
Income Before Tax50.38 Cr.22.33 Cr.3.58 Cr.25.57 Cr.
Minority InterestNoneNoneNoneNone
Net Income55.78 Cr.34.74 Cr.30.10 Cr.30.39 Cr.
Selling General Administrative31.40 Cr.28.73 Cr.31.25 Cr.33.19 Cr.
Gross Profit217.33 Cr.178.68 Cr.182.44 Cr.172.46 Cr.
Ebit55.78 Cr.34.74 Cr.30.10 Cr.30.39 Cr.
Operating Income55.78 Cr.34.74 Cr.30.10 Cr.30.39 Cr.
Other Operating Expenses100.12 Cr.85.18 Cr.89.50 Cr.86.70 Cr.
Interest Expense-16.13 Cr.-19.21 Cr.-23.43 Cr.-12.48 Cr.
Extraordinary ItemsNoneNoneNoneNone
Non RecurringNoneNoneNoneNone
Other ItemsNoneNoneNoneNone
Income Tax Expense12.99 Cr.5.37 Cr.1.22 Cr.9.17 Cr.
Total Revenue588.45 Cr.447.08 Cr.460.08 Cr.461.90 Cr.
Total Operating Expenses532.66 Cr.412.33 Cr.429.97 Cr.431.50 Cr.
Cost of Revenue371.12 Cr.268.39 Cr.277.64 Cr.289.43 Cr.
Total Other Income Expense Net-5.40 Cr.-12.40 Cr.-26.52 Cr.-4.82 Cr.
Discontinued OperationsNoneNoneNoneNone
Net Income from Continuous Ops.37.39 Cr.16.95 Cr.2.35 Cr.16.40 Cr.
Net Income Applicable to Common Shares37.39 Cr.16.95 Cr.2.35 Cr.16.40 Cr.

Balance Sheet

ParticularsMar 2022Mar 2021Mar 2020Mar 2019
Intangible Assets16.80 Lakhs29.29 Lakhs13.94 Lakhs24.84 Lakhs
Capital Surplus018.80 Cr.18.80 Cr.18.80 Cr.
Total Liabilities136.94 Cr.186.44 Cr.220.32 Cr.239.36 Cr.
Stock Holder Equity216.95 Cr.182.07 Cr.165.32 Cr.164.43 Cr.
Minority Interest0000
Other Liabilities6.88 Cr.3.72 Cr.6.84 Cr.25 Cr.
Total Assets353.90 Cr.368.52 Cr.385.65 Cr.403.79 Cr.
Common Stock17.17 Cr.17.17 Cr.17.17 Cr.17.17 Cr.
Retained Earnings0117.99 Cr.116.15 Cr.115.25 Cr.
Other Liabilities7.27 Cr.7.64 Cr.8.42 Cr.8.03 Cr.
Good Will0000
Treasury Stock199.77 Cr.28.10 Cr.13.19 Cr.13.19 Cr.
Other Assets21.38 Cr.29.38 Cr.20.08 Cr.21.14 Cr.
Cash95.92 Lakhs56.26 Lakhs51.77 Lakhs38.51 Lakhs
Current Liabilities90.30 Cr.112.85 Cr.114.47 Cr.121.47 Cr.
Long Term Asset Charges0000
Short Long Term Debt58.18 Cr.36.20 Cr.21.25 Cr.10 Cr.
Other Stockholder Equity199.77 Cr.28.10 Cr.13.19 Cr.13.19 Cr.
Property Plant Equipment239.44 Cr.245.92 Cr.276.41 Cr.272.33 Cr.
Total Cur. Assets92.89 Cr.92.71 Cr.88.79 Cr.109.86 Cr.
Long Term Investments019.80 Lakhs21.76 Lakhs20.68 Lakhs
Net Tangible Assets216.78 Cr.181.78 Cr.165.19 Cr.164.18 Cr.
Short Term Investments06.90 Lakhs7.82 Lakhs59.78 Lakhs
Net Receivables44.78 Cr.45.18 Cr.47.46 Cr.60.21 Cr.
Long Term Debt37.83 Cr.63.10 Cr.93.60 Cr.109.85 Cr.
Inventory43.58 Cr.38.70 Cr.34.81 Cr.39.91 Cr.
Accounts Payable19.29 Cr.18.30 Cr.16.33 Cr.15.61 Cr.

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