Hitech Corporation Limited Share Price and Company Fundamentals
Last traded: Last Friday at 9:59 AM
Hitech Corporation Limited engages in rigid plastic packaging solution business in India. The company offers bottles, cans, caps and closures, custom enhancement, drums, jars, and pails for paints and coatings, lubricants, construction and specialty chemicals, agrochemicals, food and beverage and personal care, home care, pharmaceuticals, food and beverages, health care, and oils, 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.
Key Metrics
PE ratio
30.70
PB ratio
0.81
Dividend yield
0.75%
Beta
0.12
Market cap
₹2.25B
Enterprise value
₹3.56B
Company profile
| Industry / Sector | Packaging & Containers / Consumer Cyclical |
|---|---|
| Full time employees | 662 |
| Website | https://www.hitechcorporation.co |
| Mailing address | Welspun House, Unit No. 201-203 2nd Floor Kamala City, Senapati Bapat Marg Lower Parel (W) Mumbai 400013 India |
| Phone / Fax | 91 22 4001 6500 / 91 22 2495 5659 |
Dividends
Dividend yield
0.75%
Dividend amount
₹1.00
Payout ratio
23.47%
5Y Avg. yield
-%
Hitech Corporation Limited paid ₹1.00 dividend and the ex-dividend date was 18 Jul 2025.The dividend payout ratio is 23.47%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.HITECHCORP dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
Company Executives
As of Mar 2026, following are the company executives and directors listed on Hitech Corporation Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Malav Ashwin Dani | MD & Director | 50 | |
| Mr. Mehernosh Adi Mehta | Whole Time Director | 58 | |
| Mr. Jasraj Singh | Chief Operating Officer | ||
| Mr. V.S.R. Anjaneyulu | Vice President of Technology Centre | ||
| Mr. Raghavendra Prasad | General Manager of HR & IR | ||
| Ms. Hetali Harish Mehta | Company Secretary & Compliance Officer | 31 | |
| Mr. Amit Arvindkumar Panchal | Head of Operations All Plant |
Profitability and management effectiveness
Profit margin
1.17%
Operating margin
1.92%
Return on assets
-
Return on equity
-
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Hitech Corporation Limited is 2.25B and its enterprise value is 3.56B. The enterprise value to revenue ratio of HITECHCORP is 0.57. The enterprise value to EBITDA ratio of HITECHCORP is 5.21.
The HITECHCORP's stocks Beta value is 0.12 making it 88% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Hitech Corporation Limited (NSE:HITECHCORP) Frequently Asked Questions
1. What is Hitech Corporation Limited's Stock Symbol?
Hitech Corporation Limited trades on NSE under the ticker symbol "HITECHCORP".
2. What is Hitech Corporation Limited's stock price today?
One share of HITECHCORP stock can currently be purchased for approximately ₹131.1.
3. How can I contact Hitech Corporation Limited?
Hitech Corporation Limited's mailing address is Welspun House, Unit No. 201-203 2nd Floor Kamala City, Senapati Bapat Marg Lower Parel (W) Mumbai 400013 India. The company can be reached via phone at 91 22 4001 6500.
4. What is Hitech Corporation Limited's official website?
The official website of Hitech Corporation Limited is https://www.hitechcorporation.co.