Hitech Corporation Ltd (IN:HITECHCORP)
:HITECHCORP
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Hitech Corporation Ltd
(HITECHCORP)
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Rating:52Neutral
Price Target:
₹146.00
▼(-13.20% Downside)
Action:ReiteratedDate:03/11/26
The score is held back primarily by weak technical momentum (price below all major moving averages with negative MACD and low RSI/Stoch). Financial performance is mixed—strong equity position but declining profitability and negative free cash flow. Valuation provides little support due to a negative P/E and a modest dividend yield.
Positive Factors
Diversified end markets & long-term contracts
Hitech's exposure across multiple end markets and its stated long‑term contracts reduce demand cyclicality and concentration risk. This diversification plus tailored packaging and R&D capabilities supports steady order flow and resilience in revenue streams over a multi‑quarter horizon.
Negative Factors
Declining net profit margin
The sharp fall in net margin signals pressure after operating costs and finance items, reducing retained earnings and the firm's ability to fund growth internally. Persistently lower net profit margins can constrain reinvestment, dividend capacity, and overall shareholder returns over multiple quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified end markets & long-term contracts
Hitech's exposure across multiple end markets and its stated long‑term contracts reduce demand cyclicality and concentration risk. This diversification plus tailored packaging and R&D capabilities supports steady order flow and resilience in revenue streams over a multi‑quarter horizon.
Read all positive factors
Hitech Corporation Ltd (HITECHCORP) vs. iShares MSCI India ETF (INDA)
Market Cap
₹2.43B
Dividend Yield0.58%
Average Volume (3M)1.68K
Price to Earnings (P/E)―
Beta (1Y)1.39
Revenue Growth7.99%
EPS Growth-29.35%
CountryIN
Employees655
SectorTechnology
Sector Strength88
IndustryPackaging & Containers
Share Statistics
EPS (TTM)-1.52
Shares Outstanding17,175,700
10 Day Avg. Volume1,137
30 Day Avg. Volume1,680
Financial Highlights & Ratios
PEG Ratio-0.60
Price to Book (P/B)1.17
Price to Sales (P/S)0.57
P/FCF Ratio-15.71
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 manufactures, sells, and exports rigid plastic containers in India and internationally. Its products have applications in paints and coatings, personal care, home care, food and beverages, health care, agrochemicals, and...
How the Company Makes Money
Hitech Corporation Ltd generates its revenue through the production and sale of rigid plastic packaging products. The company primarily earns money by supplying these packaging solutions to a diverse customer base across industries such as food an...
Hitech Corporation Ltd Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
70
Positive
Cash Flow
50
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 6.02B | 5.61B | 5.62B | 5.59B | 5.86B | 4.45B |
| Gross Profit | 2.16B | 622.60M | 758.76M | 2.09B | 2.15B | 1.80B |
| EBITDA | 707.99M | 644.39M | 739.89M | 791.48M | 961.39M | 642.31M |
| Net Income | 111.88M | 89.37M | 220.03M | 283.29M | 373.97M | 169.59M |
Balance Sheet | ||||||
| Total Assets | 4.74B | 4.51B | 3.89B | 3.40B | 3.54B | 3.69B |
| Cash, Cash Equivalents and Short-Term Investments | 59.65M | 24.46M | 7.04M | 24.15M | 7.79M | 5.82M |
| Total Debt | 1.32B | 1.17B | 803.84M | 630.48M | 988.59M | 1.40B |
| Total Liabilities | 1.95B | 1.80B | 1.26B | 972.38M | 1.37B | 1.86B |
| Stockholders Equity | 2.78B | 2.71B | 2.63B | 2.43B | 2.17B | 1.82B |
Cash Flow | ||||||
| Free Cash Flow | 42.55M | -201.97M | 32.28M | 506.59M | 535.69M | 475.56M |
| Operating Cash Flow | 259.08M | 480.97M | 545.74M | 693.29M | 726.79M | 648.27M |
| Investing Cash Flow | -274.67M | -623.89M | -482.11M | -159.21M | -59.10M | -89.41M |
| Financing Cash Flow | 18.18M | 290.87M | -80.73M | -543.27M | -650.57M | -522.43M |
Hitech Corporation Ltd Technical Analysis
Neutral
168.20
Price Trends
143.43
Negative
157.78
Negative
176.74
Negative
Market Momentum
-1.20
Negative
53.27
Neutral
80.54
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:HITECHCORP, the sentiment is Neutral. The current price of 168.2 is above the 20-day moving average (MA) of 134.31, above the 50-day MA of 143.43, and below the 200-day MA of 176.74, indicating a neutral trend. The MACD of -1.20 indicates Negative momentum. The RSI at 53.27 is Neutral, neither overbought nor oversold. The STOCH value of 80.54 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:HITECHCORP.
Hitech Corporation Ltd Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | ₹4.47B | 9.74 | ― | 0.52% | 23.02% | ― | |
63 Neutral | ₹1.18B | 16.55 | ― | ― | 10.14% | 73.18% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
59 Neutral | ₹1.61B | 41.66 | ― | 0.29% | 11.97% | -29.32% | |
52 Neutral | ₹2.43B | -27.68 | ― | 0.58% | 7.99% | -29.35% |
* Technology Sector Average
IN:HITECHCORP
Hitech Corporation Ltd
141.30
-36.60
-20.57%
IN:EMMBI
Emmbi Industries Limited
83.67
-4.53
-5.14%
IN:KANPRPLA
Kanpur Plastipack Limited
186.00
73.96
66.01%
IN:RPPL
Rajshree Polypack Ltd.
16.11
-8.14
-33.57%
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.