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Hitech Corporation Limited (HITECHCORP)

Small Cap

Industrials stocks · Small cap · NSE

Hitech Corporation Limited operates in Packaging, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹409.95
-3.80 · -0.92%
Market cap ₹587 Cr
Data qualityFresh enough for analysisQuote updated 21 Oct, 04:45 am IST
Details
Quote21 Oct, 04:45 am IST
Base fundamentals06 Oct 2026 · screener
Latest result14 Aug, 08:41 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens

Trend score and candlestick chart

67Bullish

full bull SMA stack · SMA20 +6.4% / mo · RSI overbought · MACD + · near 52W high

Stock trend: 78
Sector RS: 50
Sector 3M: -6.3% vs Nifty 500 -5.6%

Latest mapped FPI equity flow was not positive. View sector evidence

Technical chart

HITECHCORPD candles · FIT view+195.1%
Latest close ₹409.95 on 2026-10-19
Bar
-2.3%
RSI
85
MACD hist
7.52
52W pos
95%
Visible chart range
Candle interval
2026-10-19O ₹419.70H ₹424.50L ₹406.05C ₹409.95Vol 10,843 sh
₹115.28₹196.26₹277.25₹358.24₹439.2352H₹409.952026-032026-06VolRSIMACD2026-042026-062026-082026-092026-11
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context

Relative performance and chart statistics

Adjusted completed-session prices, rebased to 100

HITECHCORPNifty India ManufacturingNifty 500
-11%+3%+17%+32%20 Jul1 Sept19 Oct19 Oct 2026HITECHCORP +27.0%Nifty India Manufactu… -5.8%Nifty 500 -5.6%
HITECHCORP
+27.0%
Nifty 500
-5.6%
Nifty India Manufacturing
-5.8%
Vs Nifty 500
+32.6 pp
Chart stats
19 Oct 2026
From 52W high
-3.4%
₹424.5
52W range position
95%
₹112 - ₹424.5
ATR (14)
2.9%
₹12.1
Volume vs 20D
0.37x
Latest completed session
Avg traded value
₹1.1 Cr
20-session average
20D price channel
₹322 - ₹424.5
31.2% annualized volatility
Research snapshot

What the evidence says now

Weak fundamentals, while price trend supports entry. This looks more like momentum/speculation than a clean fundamental investment setup.

Weak U-Score but strong trend: momentum may be ahead of fundamentals.

Suggested next step
Momentum only
Trend is strong but fundamentals do not support a clean investment thesis.
U-Score
Legacy · OVERVALUED
28

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Latest result
Excellent
77

Revenue +36.9% · PAT +49.7% YoY

Technical
Bullish
67

Price trend and sector-relative-strength timing.

Valuation
Legacy model
-66.4%

Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.

Trust
Limited evidence
72

Financial-only signal; management claim evidence is not sufficient yet.

Financials

Fundamentals, quarterly history, margins, returns and balance-sheet evidence

Latest result

Quarter ended 30 Jun 2026

Excellent · 77/100

Rev +37% YoY · PAT +50% YoY · +36% QoQ · operating leverage · margin compression

Filed 14 Aug 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹225.7 Cr+36.9%+36.0%
EBITDA₹23 Cr+12.4%+7.7%
Operating margin10.2%-222 bps-267 bps
PAT₹7.1 Cr+49.7%-20.0%
PAT margin3.1%+27 bps-221 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Fundamentals

Valuation

P/E
30.90
P/B
2.06
EV/EBITDA
6.19
Market Cap
587.00Cr

Profitability

ROE
5.83%
ROCE
9.66%
ROA
3.68%
Dividend Y
0.29%

Growth (CAGR)

Revenue 5Y
9.00%
EPS 5Y
9.00%
Revenue 3Y
14.00%
EPS 3Y
14.00%

Balance Sheet

Debt/Equity
0.48
Interest Coverage
4.05×
Altman Z
4.64
Book Value
166.00

Cash Flow

FCF Yield
—
FCF Positive Y
4/5
OCF
44.00 Cr
EPS TTM
10.22

Shareholding

Promoter Hold
74.44%
Promoter Pledge
0.00%
Momentum 52W
97%

Financial History

Updated 19/10/2026

Revenue

₹ Cr
Latest: 226+35.9% vs prev
0225.7Mar 2015: 95.8Jun 2015: 103Sep 2015: 108Jun 2024: 143Sep 2024: 147Dec 2024: 123Mar 2025: 149Jun 2025: 165Sep 2025: 164Dec 2025: 145Mar 2026: 166Jun 2026: 226FY15Q1 15Q2 15Q1 24Q2 24Q3 24FY25Q1 25Q2 25Q3 25FY26Q1 26

Net Profit

₹ Cr
Latest: 7.1-20.0% vs prev
-2.608.9Mar 2015: -0.2Jun 2015: 3.0Sep 2015: 5.2Jun 2024: 3.9Sep 2024: 2.8Dec 2024: 1.3Mar 2025: 1.0Jun 2025: 4.8Sep 2025: 4.2Dec 2025: -2.6Mar 2026: 8.9Jun 2026: 7.1FY15Q1 15Q2 15Q1 24Q2 24Q3 24FY25Q1 25Q2 25Q3 25FY26Q1 26
ROE is shown only in the Annual view — quarterly equity data isn't published.

Technicals

Trend interpretation, Stage 2, relative strength, volume and indicator evidence

Daily technical trend read

Bullish setup

Trend is constructive — long-term uptrend intact. RSI 85.

  • Price > SMA20 > SMA50 > SMA200 — full bullish stack.
  • SMA20 rising (~6.1% over last month) — short-term momentum positive.
  • RSI(14) at 85 — overbought zone; risk of mean reversion.
  • MACD above signal, histogram expanding — bullish momentum building.
  • 3% off 52W high · 266% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Nifty 500 leadership

Relative Strength & Trend Stage

97
RS percentile
Stage 2 UptrendEstablished S2
1M return
+24.8%
3M return
+27.0%
6M return
+185.0%
1Y return
+120.8%
RS 1D
0
RS 20D
+3
Sector rank
#2
Industry rank
#12
Stage evidence
  • Price is 54.0% above the 30-week proxy.
  • The 50-DMA is above the 30-week proxy and its slope is rising +12.4%.
  • Both 3-month and 6-month returns are positive.
50-DMA
price above
200-DMA
price above
S2 entered
05 Jun 2026
S2 age
95 trading sessions
Sector
leading
Industry
leading
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 223.33+0.11%
57100144188231Sept 25Feb 26Jun 26Oct 26223
RS vs Nifty 500223

Valuation & peers

U-Score 28 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies

28U-SCORE
OVERVALUED

Fundamental score breakdown

U band · OVERVALUED
Valuation3/30
Growth8/25
Quality0/20
Balance Sheet9/15
Cash Flow4/10
Piotroski
8/9 (+5)
Penalties
-1
Raw sum
28

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

28/100 · legacy band OVERVALUED

Positive drivers

  • Piotroski is strong at 8/9.
  • Balance sheet contributes 9/15 to the score.
  • Cash flow contributes 4/10 to the score.

Main drags

  • Penalty bucket subtracts 1 points.
  • Fair-value margin of safety is negative at -66.4%.
  • Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model

Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks

For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.

Blended relative
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
30.9
PB
2.1
EV/EBITDA
6.2
ROE
5.8%
ROCE
9.7%
FCF Yield
—
Debt/Equity
0.5
MoS
-66.4%
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
28
Previous: 28
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-66.4%
Previous: -66.4%

Score history

12 stored score snapshots. Latest stored move: +0 points.

21 Oct 2026
v4.3-runtime-valuation
28
28
28
28
28
28
28
28
28
28
28
28

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.

Modelled fair value

Graham Number
₹195.38
-109.8% MoS
Growth-justified P/E
24.1
Growth-justified Value
₹246.3
-66.4% MoS
PEG
2.81

Comparable companies

Peers

Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.

Compare all ↗
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
PYRAMID
Small
Pyramid Technoplast Limited
Packaging
match 89
42
18.1
11.0%
+60%
WATCHLIST
KANPRPLA
Small
Kanpur Plastipack Limited
Packaging
match 87
54
13.7
14.9%
-29%
FAIR VALUE
COMSYN
Small
Commercial Syn Bags Limited
Packaging
match 84
47
36.7
16.1%
+17%
FAIR VALUE
WORTHPERI
Small
Worth Peripherals Limited
Packaging
match 83
34
14.6
8.1%
-76%
WATCHLIST
ROLLT
Small
Rollatainers Limited
Packaging
match 82
30
—
-73.8%
+81%
OVERVALUED

Business, management & trust

Growth engines, risks, management commitments and evidence-backed delivery

Business and thesis

Issuer presentation review pending

Hitech Corporation Limited operates in Packaging, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Trust Score
72Limited evidence · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Limited evidence: Claim history is still being built. It ranks around the 69th percentile of the scored universe and 67th percentile within Industrials. Main check: financial discipline is weak at 50/100.

This is a financial-behaviour screen, not a claim-tested management reliability verdict.

Computed 05 Sept 2026
management-trust-v1
10 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence

Financial behaviour is scored, but management claims do not yet have enough outcome checks.

Relative rank
69th percentile

overall median 67 · Industrials: 67th pctile, median 68 · Small: 71st pctile, median 66

Evidence depth
Financial-only

10 documents have extracted text, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Limited evidence · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
86
strong · holding, pledge, alignment
Cash flow
67
acceptable · profit to cash conversion
Balance sheet
81
strong · leverage and solvency
Discipline
50
watch · capital discipline
Results
80
strong · quarterly consistency

Trust positives

  • ▸Promoter holding is 74.4%.
  • ▸Promoter pledge is zero.
  • ▸4 years of positive FCF.
  • ▸4/4 latest quarters had positive YoY revenue growth.

Trust risks

  • ▸ROE is low at 5.8%.
  • ▸ROCE trend is -2.7%.
  • ▸1 of the latest 4 quarters had PAT decline worse than 25% YoY.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Important announcements & filings

Latest exchange and company disclosures found within the past two years.

12 shown
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 1 Oct - Intimation of publication of reasoned recommendations of Independent Directors'' Committee on Voluntary Delisting as per Regulation 28 of SEBI Delisting Regulations.

Source: Bse

Open source ↗
AnnouncementSep 2026

Sep 2026 · Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015 29 Sep - Company formed independent directors committee for Geetanjali Trading's delisting offer after DPA dated September 25, 2026.

Source: Bse

Open source ↗
Annual reportSep 2026

Sep 2026 · Letter To Shareholders As Per Regulation 36 (1)(B) Of SEBI (LODR) Regulations, 2015 2 Sep - 35th AGM on September 24, 2026; annual report FY2025-26 shared, with KYC and demat reminder.

Source: Bse

Open source ↗
Annual reportSep 2026

Sep 2026 · Notice Of 35Th Annual General Meeting To Be Held On September 24, 2026 And Annual Report For FY 2025-26. 2 Sep

Source: Bse

Open source ↗
AnnouncementSep 2026

Sep 2026 · Announcement under Regulation 30 (LODR)-Change in Management 14 Aug - Board approved Q1 FY27 audited standalone and consolidated results; VP V.S.R. Anjaneyulu retires Sept. 5, 2026.

Source: Bse

Open source ↗
Announcement

Announcement Under Regulation 30 Of SEBI (LODR) Regulations 25 Sep - BSE and NSE granted in-principle approval for Hitech Corporation’s voluntary delisting proposal.

Source: Bse

Open source ↗
Announcement

Announcement Under Regulation 30 (LODR)- Delisting Update 8 Sep - Hitech Corporation updated delisting due diligence and share capital audit reports after NSE query.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 3 Sep

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 18 Aug

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Change in Management 1d - Board approved FY26 audited results, recommended Re.1 dividend, and reappointed Managing Director from August 5, 2026.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 22 Jul - Clippings of the Notice published about the intention of the Company to make an application to the Central Government for its approval for reappointment of …

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 22 Jun - Notice published in Newspaper regarding shares to be transferred to IEPF.

Source: Bse

Open source ↗
Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.