Hitech Corporation Ltd.
•₹ 331.50.41%
2026-08-21
PROS
- Company has delivered good profit growth of 27.6% CAGR over last 5 years
- Latest quarter profit grew 81.8% YoY, showing strong momentum
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.93x)
- Working capital cycle has improved - days down from 7 to -5
- Company generates healthy free cash flow
- Company has a consistent dividend-paying track record
CONS
- A large part of profit comes from other income (35.2% of PBT)
- Company has a low return on equity of 8.0% over last 3 years
- Interest coverage is weak at 1.6x - earnings barely cover interest
- Total debt has risen sharply - up 50.5% year on year
- Company has delivered a poor sales growth of 3.6% over past five years
- Recurring exceptional / one-off items are inflating headline profit
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | SUPREMEIND | 3659.00 | 45.02 | 46479.13 | 0.98 | 280.72 | 38.76 | 2717.66 | 4.16 | 21.49 | 17.33 |
| 2. | ASTRAL | 1535.05 | 71.66 | 41239.14 | 0.26 | 120.20 | 51.77 | 1578.00 | 15.93 | 19.95 | 14.65 |
| 3. | GRWRHITECH | 7110.10 | 42.59 | 16518.46 | 0.17 | 132.65 | 59.78 | 633.08 | 27.90 | 20.41 | 27.17 |
| 4. | SHAILY | 3348.90 | 87.12 | 15403.35 | 0.09 | 48.01 | 16.75 | 280.67 | 13.77 | 19.55 | 29.59 |
| 5. | FINPIPE | 158.70 | 16.00 | 9846.97 | 1.73 | 114.52 | 16.67 | 883.58 | -15.30 | 17.40 | 12.09 |
| 6. | TIMETECHNO | 191.50 | 19.30 | 9453.12 | 0.78 | 1178.60 | 1120.71 | 16927.10 | 1151.40 | 18.16 | 13.25 |
| 7. | KINGFA | 5864.50 | 0.00 | 7947.21 | 0.00 | 80.21 | 101.58 | 688.57 | 49.06 | 30.70 | 16.12 |
| 8. | RESPONIND | 156.60 | 41.21 | 4175.09 | 0.06 | 2.74 | -94.51 | 192.87 | -43.06 | 10.76 | 12.09 |
| 9. | POLYPLEX | 1169.90 | 23.65 | 3672.60 | 0.26 | 171.07 | 386.02 | 2253.62 | 29.62 | 1.51 | 13.15 |
| 10. | PRINCEPIPE | 282.75 | 0.00 | 3126.11 | 0.35 | 337.49 | 6900.41 | 6094.18 | 949.97 | 3.92 | 12.66 |
| 11. | NILKAMAL | 2045.15 | 24.48 | 3051.88 | 0.98 | 24.40 | 59.20 | 819.73 | -7.18 | 10.76 | 9.44 |
| 12. | HITECHCORP | 330.00 | 32.30 | 566.80 | 0.30 | 7.11 | 49.73 | 225.67 | 36.84 | 9.69 | 10.20 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 150 | 143 | 129 | 139 | 143 | 147 | 123 | 137 | 153 | 148 | 132 | 152 | 211 | |
| 130 | 126 | 116 | 119 | 126 | 130 | 110 | 124 | 135 | 132 | 120 | 133 | 204 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 0 | 1 | 1 | 1 | 0 | 1 | 1 | 0 | 0 | 0 | 2 | 1 |
| Interest | 4 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 4 | 5 | 5 |
| Depreciation | 7 | 7 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 10 | 10 |
| 10 | 7 | 4 | 9 | 5 | 4 | 1 | -0 | 5 | 2 | -4 | 7 | 8 | |
| Tax % | 25.22% | 25.58% | 27.92% | 28.76% | 24.30% | 28.36% | -17.07% | -23.53% | 26.41% | 24.12% | 23.83% | 6.31% | 22.73% |
| Net Profit | 8 | 5 | 3 | 7 | 4 | 3 | 1 | -0 | 3 | 2 | -3 | 6 | 6 |
| 4 | 3 | 1 | 4 | 2 | 2 | 1 | -0 | 2 | 1 | -2 | 4 | 0 | |
| Equity Capital | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 150
- 130
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 4
- Depreciation
- 7
- 10
- Tax %
- 25.22%
- Net Profit
- 8
- 4
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 143
- 126
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 4
- Depreciation
- 7
- 7
- Tax %
- 25.58%
- Net Profit
- 5
- 3
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 129
- 116
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 3
- Depreciation
- 8
- 4
- Tax %
- 27.92%
- Net Profit
- 3
- 1
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 139
- 119
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 4
- Depreciation
- 8
- 9
- Tax %
- 28.76%
- Net Profit
- 7
- 4
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 143
- 126
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 4
- Depreciation
- 9
- 5
- Tax %
- 24.30%
- Net Profit
- 4
- 2
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 147
- 130
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 4
- Depreciation
- 9
- 4
- Tax %
- 28.36%
- Net Profit
- 3
- 2
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 123
- 110
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 4
- Depreciation
- 9
- 1
- Tax %
- -17.07%
- Net Profit
- 1
- 1
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 137
- 124
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 4
- Depreciation
- 9
- -0
- Tax %
- -23.53%
- Net Profit
- -0
- -0
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 153
- 135
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 4
- Depreciation
- 9
- 5
- Tax %
- 26.41%
- Net Profit
- 3
- 2
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 148
- 132
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 5
- Depreciation
- 9
- 2
- Tax %
- 24.12%
- Net Profit
- 2
- 1
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 132
- 120
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 4
- Depreciation
- 9
- -4
- Tax %
- 23.83%
- Net Profit
- -3
- -2
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 152
- 133
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 5
- Depreciation
- 10
- 7
- Tax %
- 6.31%
- Net Profit
- 6
- 4
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 211
- 204
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 5
- Depreciation
- 10
- 8
- Tax %
- 22.73%
- Net Profit
- 6
- 0
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 393 | 367 | 388 | 462 | 460 | 447 | 588 | 559 | 562 | 549 | 642 | |
| 347 | 332 | 351 | 411 | 401 | 383 | 503 | 488 | 491 | 490 | 589 | |
| Operating Profit | 46 | 36 | 43 | 52 | 60 | 66 | 87 | 76 | 74 | 63 | — |
| OPM % | 12 | 10 | 11 | 11 | 13 | 15 | 15 | 14 | 13 | 11 | — |
| Other Income | 1 | 1 | 6 | 1 | 1 | 1 | 1 | 5 | 3 | 4 | 3 |
| Interest | 11 | 9 | 14 | 20 | 24 | 19 | 16 | 14 | 14 | 16 | 19 |
| Depreciation | 16 | 13 | 18 | 21 | 30 | 30 | 30 | 29 | 30 | 36 | 38 |
| 20 | 14 | 12 | 26 | 4 | 22 | 50 | 37 | 30 | 10 | 13 | |
| Tax % | 30 | 31 | 35 | 36 | 34 | 24 | 26 | 24 | 27 | 23 | 14 |
| Net Profit | 14 | 9 | 8 | 16 | 2 | 17 | 37 | 28 | 22 | 8 | 11 |
| EPS | 0 | 0 | 0 | 0 | 0 | 10 | 22 | 16 | 13 | 5 | — |
| Dividend Payout % | 11 | 17 | 20 | 9 | 0 | 10 | 5 | 6 | 8 | 22 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 8 | 5 | 5 | 10 | 1 | 10 | 22 | 16 | 13 | 5 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 8 | 5 | 5 | 10 | 1 | 10 | 22 | 16 | 13 | 5 | — |
Mar 2016
- 393
- 347
- Operating Profit
- 46
- OPM %
- 12
- Other Income
- 1
- Interest
- 11
- Depreciation
- 16
- 20
- Tax %
- 30
- Net Profit
- 14
- EPS
- 0
- Dividend Payout %
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2017
- 367
- 332
- Operating Profit
- 36
- OPM %
- 10
- Other Income
- 1
- Interest
- 9
- Depreciation
- 13
- 14
- Tax %
- 31
- Net Profit
- 9
- EPS
- 0
- Dividend Payout %
- 17
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2018
- 388
- 351
- Operating Profit
- 43
- OPM %
- 11
- Other Income
- 6
- Interest
- 14
- Depreciation
- 18
- 12
- Tax %
- 35
- Net Profit
- 8
- EPS
- 0
- Dividend Payout %
- 20
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2019
- 462
- 411
- Operating Profit
- 52
- OPM %
- 11
- Other Income
- 1
- Interest
- 20
- Depreciation
- 21
- 26
- Tax %
- 36
- Net Profit
- 16
- EPS
- 0
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2020
- 460
- 401
- Operating Profit
- 60
- OPM %
- 13
- Other Income
- 1
- Interest
- 24
- Depreciation
- 30
- 4
- Tax %
- 34
- Net Profit
- 2
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2021
- 447
- 383
- Operating Profit
- 66
- OPM %
- 15
- Other Income
- 1
- Interest
- 19
- Depreciation
- 30
- 22
- Tax %
- 24
- Net Profit
- 17
- EPS
- 10
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2022
- 588
- 503
- Operating Profit
- 87
- OPM %
- 15
- Other Income
- 1
- Interest
- 16
- Depreciation
- 30
- 50
- Tax %
- 26
- Net Profit
- 37
- EPS
- 22
- Dividend Payout %
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 22
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 22
Mar 2023
- 559
- 488
- Operating Profit
- 76
- OPM %
- 14
- Other Income
- 5
- Interest
- 14
- Depreciation
- 29
- 37
- Tax %
- 24
- Net Profit
- 28
- EPS
- 16
- Dividend Payout %
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
Mar 2024
- 562
- 491
- Operating Profit
- 74
- OPM %
- 13
- Other Income
- 3
- Interest
- 14
- Depreciation
- 30
- 30
- Tax %
- 27
- Net Profit
- 22
- EPS
- 13
- Dividend Payout %
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
Mar 2025
- 549
- 490
- Operating Profit
- 63
- OPM %
- 11
- Other Income
- 4
- Interest
- 16
- Depreciation
- 36
- 10
- Tax %
- 23
- Net Profit
- 8
- EPS
- 5
- Dividend Payout %
- 22
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
TTM
- 642
- 589
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 19
- Depreciation
- 38
- 13
- Tax %
- 14
- Net Profit
- 11
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 2%
- 5 Years:
- 4%
- 3 Years:
- -2%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 2%
- 5 Years:
- 28%
- 3 Years:
- -40%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- 10%
- 3 Years:
- 11%
- 1 Year:
- 61%
RETURN ON EQUITY
- 10 Years:
- 9%
- 5 Years:
- 10%
- 3 Years:
- 8%
- Last Year:
- 3%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | |
| 118 | 127 | 133 | 147 | 148 | 165 | 200 | 226 | 246 | 253 | |
| 31 | 56 | 71 | 62 | 63 | 81 | 58 | 46 | 33 | 52 | |
| Trade Payables | 14 | 28 | 21 | 16 | 16 | 18 | 20 | 17 | 19 | 22 |
| 52 | 75 | 113 | 161 | 141 | 88 | 135 | 119 | 166 | 164 | |
| Total Liabilities | 234 | 303 | 355 | 404 | 386 | 369 | 429 | 425 | 481 | 508 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 97 | 139 | 156 | 234 | 275 | 243 | 238 | 221 | 250 | 266 | |
| Capital Work in Progress | 2 | 8 | 44 | 39 | 2 | 3 | 2 | 6 | 15 | 13 |
| 0 | 0 | 0 | 1 | 1 | 8 | 0 | 0 | 1 | 29 | |
| 30 | 33 | 37 | 40 | 35 | 39 | 44 | 37 | 42 | 49 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42 | 45 | |
| Cash & Bank | 2 | 1 | 3 | 1 | 1 | 1 | 1 | 3 | 1 | 0 |
| 103 | 122 | 115 | 89 | 72 | 75 | 145 | 157 | 130 | 106 | |
| Total Assets | 234 | 303 | 355 | 404 | 386 | 369 | 429 | 425 | 481 | 508 |
| Total Debt | 37 | 108 | 163 | 182 | 178 | 144 | 96 | 61 | 71 | 107 |
| Net Working Capital | 59 | 26 | 5 | -12 | -26 | -20 | 1 | 13 | 10 | -7 |
| Contingent Liabilities | 51 | 39 | 53 | 81 | 62 | 35 | 36 | 74 | 87 | 85 |
| Book Value per Share | 78.92 | 83.88 | 87.33 | 95.73 | 96.26 | 106.01 | 126.31 | 141.60 | 153.37 | 157.03 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 37 | 108 | 163 | 182 | 178 | 144 | 96 | 61 | 71 | 107 |
| Net Working Capital | 59 | 26 | 5 | -12 | -26 | -20 | 1 | 13 | 10 | -7 |
| Contingent Liabilities | 51 | 39 | 53 | 81 | 62 | 35 | 36 | 74 | 87 | 85 |
| Book Value per Share | 78.92 | 83.88 | 87.33 | 95.73 | 96.26 | 106.01 | 126.31 | 141.60 | 153.37 | 157.03 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2016
- 17
- 118
- 31
- Trade Payables
- 14
- 52
- Total Liabilities
- 234
- 97
- Capital Work in Progress
- 2
- 0
- 30
- 0
- Cash & Bank
- 2
- 103
- Total Assets
- 234
- Total Debt
- 37
- Net Working Capital
- 59
- Contingent Liabilities
- 51
- Book Value per Share
- 78.92
- Face Value
- 10.00
- Total Debt
- 37
- Net Working Capital
- 59
- Contingent Liabilities
- 51
- Book Value per Share
- 78.92
- Face Value
- 10.00
Mar 2017
- 17
- 127
- 56
- Trade Payables
- 28
- 75
- Total Liabilities
- 303
- 139
- Capital Work in Progress
- 8
- 0
- 33
- 0
- Cash & Bank
- 1
- 122
- Total Assets
- 303
- Total Debt
- 108
- Net Working Capital
- 26
- Contingent Liabilities
- 39
- Book Value per Share
- 83.88
- Face Value
- 10.00
- Total Debt
- 108
- Net Working Capital
- 26
- Contingent Liabilities
- 39
- Book Value per Share
- 83.88
- Face Value
- 10.00
Mar 2018
- 17
- 133
- 71
- Trade Payables
- 21
- 113
- Total Liabilities
- 355
- 156
- Capital Work in Progress
- 44
- 0
- 37
- 0
- Cash & Bank
- 3
- 115
- Total Assets
- 355
- Total Debt
- 163
- Net Working Capital
- 5
- Contingent Liabilities
- 53
- Book Value per Share
- 87.33
- Face Value
- 10.00
- Total Debt
- 163
- Net Working Capital
- 5
- Contingent Liabilities
- 53
- Book Value per Share
- 87.33
- Face Value
- 10.00
Mar 2019
- 17
- 147
- 62
- Trade Payables
- 16
- 161
- Total Liabilities
- 404
- 234
- Capital Work in Progress
- 39
- 1
- 40
- 0
- Cash & Bank
- 1
- 89
- Total Assets
- 404
- Total Debt
- 182
- Net Working Capital
- -12
- Contingent Liabilities
- 81
- Book Value per Share
- 95.73
- Face Value
- 10.00
- Total Debt
- 182
- Net Working Capital
- -12
- Contingent Liabilities
- 81
- Book Value per Share
- 95.73
- Face Value
- 10.00
Mar 2020
- 17
- 148
- 63
- Trade Payables
- 16
- 141
- Total Liabilities
- 386
- 275
- Capital Work in Progress
- 2
- 1
- 35
- 0
- Cash & Bank
- 1
- 72
- Total Assets
- 386
- Total Debt
- 178
- Net Working Capital
- -26
- Contingent Liabilities
- 62
- Book Value per Share
- 96.26
- Face Value
- 10.00
- Total Debt
- 178
- Net Working Capital
- -26
- Contingent Liabilities
- 62
- Book Value per Share
- 96.26
- Face Value
- 10.00
Mar 2021
- 17
- 165
- 81
- Trade Payables
- 18
- 88
- Total Liabilities
- 369
- 243
- Capital Work in Progress
- 3
- 8
- 39
- 0
- Cash & Bank
- 1
- 75
- Total Assets
- 369
- Total Debt
- 144
- Net Working Capital
- -20
- Contingent Liabilities
- 35
- Book Value per Share
- 106.01
- Face Value
- 10.00
- Total Debt
- 144
- Net Working Capital
- -20
- Contingent Liabilities
- 35
- Book Value per Share
- 106.01
- Face Value
- 10.00
Mar 2022
- 17
- 200
- 58
- Trade Payables
- 20
- 135
- Total Liabilities
- 429
- 238
- Capital Work in Progress
- 2
- 0
- 44
- 0
- Cash & Bank
- 1
- 145
- Total Assets
- 429
- Total Debt
- 96
- Net Working Capital
- 1
- Contingent Liabilities
- 36
- Book Value per Share
- 126.31
- Face Value
- 10.00
- Total Debt
- 96
- Net Working Capital
- 1
- Contingent Liabilities
- 36
- Book Value per Share
- 126.31
- Face Value
- 10.00
Mar 2023
- 17
- 226
- 46
- Trade Payables
- 17
- 119
- Total Liabilities
- 425
- 221
- Capital Work in Progress
- 6
- 0
- 37
- 0
- Cash & Bank
- 3
- 157
- Total Assets
- 425
- Total Debt
- 61
- Net Working Capital
- 13
- Contingent Liabilities
- 74
- Book Value per Share
- 141.60
- Face Value
- 10.00
- Total Debt
- 61
- Net Working Capital
- 13
- Contingent Liabilities
- 74
- Book Value per Share
- 141.60
- Face Value
- 10.00
Mar 2024
- 17
- 246
- 33
- Trade Payables
- 19
- 166
- Total Liabilities
- 481
- 250
- Capital Work in Progress
- 15
- 1
- 42
- 42
- Cash & Bank
- 1
- 130
- Total Assets
- 481
- Total Debt
- 71
- Net Working Capital
- 10
- Contingent Liabilities
- 87
- Book Value per Share
- 153.37
- Face Value
- 10.00
- Total Debt
- 71
- Net Working Capital
- 10
- Contingent Liabilities
- 87
- Book Value per Share
- 153.37
- Face Value
- 10.00
Mar 2025
- 17
- 253
- 52
- Trade Payables
- 22
- 164
- Total Liabilities
- 508
- 266
- Capital Work in Progress
- 13
- 29
- 49
- 45
- Cash & Bank
- 0
- 106
- Total Assets
- 508
- Total Debt
- 107
- Net Working Capital
- -7
- Contingent Liabilities
- 85
- Book Value per Share
- 157.03
- Face Value
- 10.00
- Total Debt
- 107
- Net Working Capital
- -7
- Contingent Liabilities
- 85
- Book Value per Share
- 157.03
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 41 | 37 | 43 | 86 | 56 | 65 | 73 | 69 | 55 | 47 | |
| Cash from Investing | -7 | -63 | -80 | -84 | -25 | -9 | -6 | -16 | -48 | -64 |
| Cash from Financing | -35 | 27 | 41 | -6 | -31 | -52 | -65 | -52 | -8 | 16 |
| -1 | 1 | 3 | -5 | 1 | 4 | 2 | 2 | -2 | -0 | |
| Free Cash Flow | 41 | 37 | -27 | -8 | 25 | 65 | 52 | 55 | -3 | -0 |
| OCF / Net Profit | 2.91 | 3.99 | 5.50 | 5.22 | 23.88 | 3.82 | 1.94 | 2.45 | 2.48 | 5.88 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 68 | 91 | 106 | 188 | 194 | 169 |
| OCF / Net Profit | 2.91 | 3.99 | 5.50 | 5.22 | 23.88 | 3.82 | 1.94 | 2.45 | 2.48 | 5.88 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 68 | 91 | 106 | 188 | 194 | 169 |
Mar 2016
- 41
- Cash from Investing
- -7
- Cash from Financing
- -35
- -1
- Free Cash Flow
- 41
- OCF / Net Profit
- 2.91
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.91
- Cumulative 5-Year FCF
- 0
Mar 2017
- 37
- Cash from Investing
- -63
- Cash from Financing
- 27
- 1
- Free Cash Flow
- 37
- OCF / Net Profit
- 3.99
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.99
- Cumulative 5-Year FCF
- 0
Mar 2018
- 43
- Cash from Investing
- -80
- Cash from Financing
- 41
- 3
- Free Cash Flow
- -27
- OCF / Net Profit
- 5.50
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 5.50
- Cumulative 5-Year FCF
- 0
Mar 2019
- 86
- Cash from Investing
- -84
- Cash from Financing
- -6
- -5
- Free Cash Flow
- -8
- OCF / Net Profit
- 5.22
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 5.22
- Cumulative 5-Year FCF
- 0
Mar 2020
- 56
- Cash from Investing
- -25
- Cash from Financing
- -31
- 1
- Free Cash Flow
- 25
- OCF / Net Profit
- 23.88
- Cumulative 5-Year FCF
- 68
- OCF / Net Profit
- 23.88
- Cumulative 5-Year FCF
- 68
Mar 2021
- 65
- Cash from Investing
- -9
- Cash from Financing
- -52
- 4
- Free Cash Flow
- 65
- OCF / Net Profit
- 3.82
- Cumulative 5-Year FCF
- 91
- OCF / Net Profit
- 3.82
- Cumulative 5-Year FCF
- 91
Mar 2022
- 73
- Cash from Investing
- -6
- Cash from Financing
- -65
- 2
- Free Cash Flow
- 52
- OCF / Net Profit
- 1.94
- Cumulative 5-Year FCF
- 106
- OCF / Net Profit
- 1.94
- Cumulative 5-Year FCF
- 106
Mar 2023
- 69
- Cash from Investing
- -16
- Cash from Financing
- -52
- 2
- Free Cash Flow
- 55
- OCF / Net Profit
- 2.45
- Cumulative 5-Year FCF
- 188
- OCF / Net Profit
- 2.45
- Cumulative 5-Year FCF
- 188
Mar 2024
- 55
- Cash from Investing
- -48
- Cash from Financing
- -8
- -2
- Free Cash Flow
- -3
- OCF / Net Profit
- 2.48
- Cumulative 5-Year FCF
- 194
- OCF / Net Profit
- 2.48
- Cumulative 5-Year FCF
- 194
Mar 2025
- 47
- Cash from Investing
- -64
- Cash from Financing
- 16
- -0
- Free Cash Flow
- -0
- OCF / Net Profit
- 5.88
- Cumulative 5-Year FCF
- 169
- OCF / Net Profit
- 5.88
- Cumulative 5-Year FCF
- 169
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 7.84 | 5.45 | 4.52 | 9.55 | 1.37 | 9.87 | 21.77 | 16.49 | 12.81 | 4.65 |
| Book Value (₹) | 78.92 | 83.88 | 87.33 | 95.73 | 96.26 | 106.01 | 126.31 | 141.60 | 153.37 | 157.03 |
| Dividend per Share (₹) | 0.90 | 0.90 | 0.90 | 0.90 | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Cash EPS (₹) | 17.30 | 13.01 | 14.72 | 22.03 | 18.82 | 27.06 | 39.25 | 33.15 | 30.11 | 25.62 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 10.71% | 8.89% | 10.93% | 11.27% | 13.11% | 14.66% | 14.72% | 13.59% | 12.59% | 10.84% |
| Net Margin % | 3.26% | 2.32% | 1.95% | 3.55% | 0.51% | 3.79% | 6.36% | 5.07% | 3.92% | 1.45% |
| ROE % | 11.38% | 6.69% | 5.28% | 10.43% | 1.43% | 9.76% | 18.74% | 12.31% | 8.69% | 2.99% |
| ROCE % | 14.70% | 10.06% | 9.20% | 13.79% | 7.87% | 12.45% | 20.83% | 16.56% | 13.86% | 7.42% |
| 5.85% | 3.49% | 2.36% | 4.33% | 0.60% | 4.50% | 9.38% | 6.63% | 4.86% | 1.61% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 57 | 67 | 75 | 52 | 39 | 36 | 27 | 26 | 26 | 29 |
| Inventory Days | 24 | 28 | 32 | 31 | 30 | 30 | 26 | 26 | 26 | 30 |
| Payable Days | 25 | 34 | 37 | 23 | 21 | 24 | 19 | 19 | 19 | 22 |
| 56 | 62 | 69 | 59 | 48 | 42 | 34 | 33 | 32 | 37 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.22x | 0.75x | 1.09x | 1.11x | 1.08x | 0.79x | 0.44x | 0.25x | 0.27x | 0.40x |
| Interest Coverage (x) | 2.93x | 2.47x | 1.86x | 2.28x | 1.15x | 2.16x | 4.12x | 3.71x | 3.11x | 1.64x |
| 2.00x | 1.24x | 1.04x | 0.90x | 0.78x | 0.82x | 1.01x | 1.14x | 1.09x | 0.94x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -15.54% | -6.45% | 5.77% | 18.91% | -0.39% | -2.83% | 31.62% | -5.06% | 0.56% | -2.20% |
| Operating Profit Growth % | 12.69% | -22.55% | 21.11% | 19.75% | 15.90% | 8.61% | 32.13% | -12.32% | -2.55% | -14.61% |
| Net Profit Growth % | 108.05% | -33.73% | -17.02% | 111.27% | -85.62% | 618.81% | 120.51% | -24.25% | -22.33% | -63.73% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -22.33% | -63.73% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 15.44x | 38.95x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.29x | 1.15x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.51% | 0.55% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 5.54x | 6.60x |
Mar 2016
- EPS (₹)
- 7.84
- Book Value (₹)
- 78.92
- Dividend per Share (₹)
- 0.90
- Cash EPS (₹)
- 17.30
- Operating Margin %
- 10.71%
- Net Margin %
- 3.26%
- ROE %
- 11.38%
- ROCE %
- 14.70%
- 5.85%
- Debtor Days
- 57
- Inventory Days
- 24
- Payable Days
- 25
- 56
- Debt to Equity (x)
- 0.22x
- Interest Coverage (x)
- 2.93x
- 2.00x
- Revenue Growth %
- -15.54%
- Operating Profit Growth %
- 12.69%
- Net Profit Growth %
- 108.05%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 5.45
- Book Value (₹)
- 83.88
- Dividend per Share (₹)
- 0.90
- Cash EPS (₹)
- 13.01
- Operating Margin %
- 8.89%
- Net Margin %
- 2.32%
- ROE %
- 6.69%
- ROCE %
- 10.06%
- 3.49%
- Debtor Days
- 67
- Inventory Days
- 28
- Payable Days
- 34
- 62
- Debt to Equity (x)
- 0.75x
- Interest Coverage (x)
- 2.47x
- 1.24x
- Revenue Growth %
- -6.45%
- Operating Profit Growth %
- -22.55%
- Net Profit Growth %
- -33.73%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 4.52
- Book Value (₹)
- 87.33
- Dividend per Share (₹)
- 0.90
- Cash EPS (₹)
- 14.72
- Operating Margin %
- 10.93%
- Net Margin %
- 1.95%
- ROE %
- 5.28%
- ROCE %
- 9.20%
- 2.36%
- Debtor Days
- 75
- Inventory Days
- 32
- Payable Days
- 37
- 69
- Debt to Equity (x)
- 1.09x
- Interest Coverage (x)
- 1.86x
- 1.04x
- Revenue Growth %
- 5.77%
- Operating Profit Growth %
- 21.11%
- Net Profit Growth %
- -17.02%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 9.55
- Book Value (₹)
- 95.73
- Dividend per Share (₹)
- 0.90
- Cash EPS (₹)
- 22.03
- Operating Margin %
- 11.27%
- Net Margin %
- 3.55%
- ROE %
- 10.43%
- ROCE %
- 13.79%
- 4.33%
- Debtor Days
- 52
- Inventory Days
- 31
- Payable Days
- 23
- 59
- Debt to Equity (x)
- 1.11x
- Interest Coverage (x)
- 2.28x
- 0.90x
- Revenue Growth %
- 18.91%
- Operating Profit Growth %
- 19.75%
- Net Profit Growth %
- 111.27%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 1.37
- Book Value (₹)
- 96.26
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 18.82
- Operating Margin %
- 13.11%
- Net Margin %
- 0.51%
- ROE %
- 1.43%
- ROCE %
- 7.87%
- 0.60%
- Debtor Days
- 39
- Inventory Days
- 30
- Payable Days
- 21
- 48
- Debt to Equity (x)
- 1.08x
- Interest Coverage (x)
- 1.15x
- 0.78x
- Revenue Growth %
- -0.39%
- Operating Profit Growth %
- 15.90%
- Net Profit Growth %
- -85.62%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 9.87
- Book Value (₹)
- 106.01
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 27.06
- Operating Margin %
- 14.66%
- Net Margin %
- 3.79%
- ROE %
- 9.76%
- ROCE %
- 12.45%
- 4.50%
- Debtor Days
- 36
- Inventory Days
- 30
- Payable Days
- 24
- 42
- Debt to Equity (x)
- 0.79x
- Interest Coverage (x)
- 2.16x
- 0.82x
- Revenue Growth %
- -2.83%
- Operating Profit Growth %
- 8.61%
- Net Profit Growth %
- 618.81%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 21.77
- Book Value (₹)
- 126.31
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 39.25
- Operating Margin %
- 14.72%
- Net Margin %
- 6.36%
- ROE %
- 18.74%
- ROCE %
- 20.83%
- 9.38%
- Debtor Days
- 27
- Inventory Days
- 26
- Payable Days
- 19
- 34
- Debt to Equity (x)
- 0.44x
- Interest Coverage (x)
- 4.12x
- 1.01x
- Revenue Growth %
- 31.62%
- Operating Profit Growth %
- 32.13%
- Net Profit Growth %
- 120.51%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 16.49
- Book Value (₹)
- 141.60
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 33.15
- Operating Margin %
- 13.59%
- Net Margin %
- 5.07%
- ROE %
- 12.31%
- ROCE %
- 16.56%
- 6.63%
- Debtor Days
- 26
- Inventory Days
- 26
- Payable Days
- 19
- 33
- Debt to Equity (x)
- 0.25x
- Interest Coverage (x)
- 3.71x
- 1.14x
- Revenue Growth %
- -5.06%
- Operating Profit Growth %
- -12.32%
- Net Profit Growth %
- -24.25%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 12.81
- Book Value (₹)
- 153.37
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 30.11
- Operating Margin %
- 12.59%
- Net Margin %
- 3.92%
- ROE %
- 8.69%
- ROCE %
- 13.86%
- 4.86%
- Debtor Days
- 26
- Inventory Days
- 26
- Payable Days
- 19
- 32
- Debt to Equity (x)
- 0.27x
- Interest Coverage (x)
- 3.11x
- 1.09x
- Revenue Growth %
- 0.56%
- Operating Profit Growth %
- -2.55%
- Net Profit Growth %
- -22.33%
- -22.33%
- P/E (x)
- 15.44x
- P/B (x)
- 1.29x
- Dividend Yield %
- 0.51%
- 5.54x
Mar 2025
- EPS (₹)
- 4.65
- Book Value (₹)
- 157.03
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 25.62
- Operating Margin %
- 10.84%
- Net Margin %
- 1.45%
- ROE %
- 2.99%
- ROCE %
- 7.42%
- 1.61%
- Debtor Days
- 29
- Inventory Days
- 30
- Payable Days
- 22
- 37
- Debt to Equity (x)
- 0.40x
- Interest Coverage (x)
- 1.64x
- 0.94x
- Revenue Growth %
- -2.20%
- Operating Profit Growth %
- -14.61%
- Net Profit Growth %
- -63.73%
- -63.73%
- P/E (x)
- 38.95x
- P/B (x)
- 1.15x
- Dividend Yield %
- 0.55%
- 6.60x
Documents
Announcements
- Copy of Newspaper Publication
2026-08-18 - Hitech Corporation Limited has informed the Exchange about Copy of Newspaper Publication
- Change in Management
2026-08-14 - Hitech Corporation Limited has informed the Exchange about change in Management
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Nothing filed yet.