Hitech Corporation Ltd (HITECHCORP) AI Stock Analysis

• Market Cap: ₹2.28B
• Dividend Yield: 0.58%
• Average Volume (3M): 1.68K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.72
• Revenue Growth: 7.99%
• EPS Growth: -29.35%
• Country: IN
• Employees: 655
• Sector: Technology
• Sector Strength: 88
• Industry: Packaging & Containers
• EPS (TTM): -1.52
• Shares Outstanding: 17,175,700
• 10 Day Avg. Volume: 1,137
• 30 Day Avg. Volume: 1,680
• 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 Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 52 Neutral
• Price Target: ₹133.00 ▼(-20.93% Downside)
• Action: Reiterated Date: 03/11/26
• Date: Action: Reiterated 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

Strong equity base

A 60% equity ratio provides durable financial ballast and lower reliance on external debt, supporting capital allocation and resilience through cyclical downturns. Over 2-6 months this cushioning can fund operations or moderate financing needs while addressing profitability and cash flow shortfalls.

Stable operating margins

Sustained gross and stable EBIT/EBITDA margins indicate persistent cost control and operational efficiency in the packaging business. This margin resilience helps preserve cash generation potential and makes recovery of net profitability more attainable as revenue stabilizes or modestly grows.

Positive operating cash generation

A positive operating cash flow to net income ratio shows the core business converts earnings to cash reliably. Even with negative free cash flow, ongoing operational cash generation supports short-term liquidity, enables prioritized reinvestment, and reduces single-source funding reliance.

Negative Factors

Falling net profitability

A decline to a 1.6% net margin materially reduces retained earnings and the company’s ability to self-fund growth or pay consistent dividends. Persistently low net margins weaken buffer against cost shocks and make long-term return generation and strategic investments more difficult.

Negative free cash flow

Negative free cash flow, driven by higher capital expenditure, strains financing flexibility and increases dependence on external funding or equity. Over the medium term this constrains strategic initiatives, deleveraging ability, and resilience if operating profits remain slim.

Rising leverage and weaker ROE

Higher leverage paired with ROE halving signals the company is earning less on shareholder capital while taking on more debt risk. This combination reduces financial flexibility, raises interest burden sensitivity, and undermines long-term shareholder return prospects if trends persist.

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 lubricants. The company was formerly known as Hitech Plast Limited and changed its name to Hitech Corporation Limited in May 2017. The company was incorporated in 1991 and is headquartered in Mumbai, India. Hitech Corporation Limited is a subsidiary of Geetanjali Trading and Investments Private Limited.

How the Company Makes Money

Hitech Corporation Ltd Financial Statement Overview

Summary

Financials are mixed: stable operating margins and a strong equity ratio (60.0%) support resilience, but profitability weakened (net margin down to 1.6%), revenue dipped, leverage increased (debt-to-equity 43.3%), and free cash flow is negative in 2025.

Income Statement

Hitech Corporation Ltd shows a mixed performance in its income statement. The gross profit margin for 2025 is 24.6%, indicating a moderate ability to control costs relative to revenue generation. The net profit margin shows a decline from 3.9% in 2024 to 1.6% in 2025, highlighting decreasing profitability. Revenue has decreased slightly from 2024 to 2025, indicating potential challenges in growing sales. However, the company's EBIT and EBITDA margins are relatively stable, reflecting operational efficiency.

Balance Sheet

The balance sheet reveals a strong equity position with an equity ratio of 60.0% in 2025, suggesting a solid financial foundation and lower reliance on debt. However, the debt-to-equity ratio has increased to 43.3% in 2025, indicating rising leverage which could pose a risk if not managed carefully. The return on equity has declined from 8.4% in 2024 to 3.3% in 2025, suggesting reduced effectiveness in generating returns from equity.

Cash Flow

The cash flow statement indicates challenges with a negative free cash flow in 2025. The free cash flow growth rate has turned negative, reflecting higher capital expenditures. The operating cash flow to net income ratio remains positive, indicating cash generation ability from operations, but the free cash flow to net income ratio is concerning due to negative free cash flow.

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

• Technical Analysis Sentiment: Negative
• Last Price: 168.20
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:HITECHCORP, the sentiment is Negative. The current price of 168.2 is above the 20-day moving average (MA) of 142.81, above the 50-day MA of 154.11, and below the 200-day MA of 181.59, indicating a bearish trend. The MACD of -8.43 indicates Positive momentum. The RSI at 34.59 is Neutral, neither overbought nor oversold. The STOCH value of 27.41 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:HITECHCORP.

Hitech Corporation Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RPPL	63 Neutral	₹1.14B	16.55	―	―	10.14%	73.18%
KANPRPLA	62 Neutral	₹4.29B	9.74	―	0.52%	23.02%	―
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
EMMBI	60 Neutral	₹1.60B	41.66	―	0.29%	11.97%	-29.32%
HITECHCORP	52 Neutral	₹2.28B	-27.68	―	0.58%	7.99%	-29.35%