Hitech Corporation Ltd.

NSE: HITECHCORP  SECTOR: Plastic Products

136.95
-3.05 (-2.18%)

Price Summary

Today's High

₹ 136.95

Today's Low

₹ 125.1

52 Week High

₹ 151

52 Week Low

₹ 50.1

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.

Company Essentials

Market Cap

235.2212115 Cr.

Enterprise Value

412.3015115 Cr.

No. of Shares

1.71757 Cr.

P/E

48.53

P/B

1.38

Face Value

₹ 10

Div. Yield

0%

Book Value (TTM)

₹  98.9227

CASH

0.8424 Cr.

DEBT

177.9227 Cr.

Promoter Holding

74.43%

EPS (TTM)

₹  2.822

Sales Growth

-0.392724762941687%

ROE

1.43092075835828 %

ROCE

7.86892496787426 %

Profit Growth

0.512794207879334 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

Please login to Add & View your own added ratios.

Login

Price Chart 1w1m3m6m1Yr3Yr5Yr

* Prices are based on daily market changes.

Valuation Chart 1w1m3m6m1Yr3Yr5Yr

* The chart is based on the standalone earnings of the company.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

Sales Growth (in Cr.)

1 Year-0.39%
3 Year7.8%
5 Year-0.21%

Profit Growth (in Cr.)

1 Year-85.62%
3 Year-36.82%
5 Year-19.05%

ROE%

1 Year1.43%
3 Year5.71%
5 Year7.04%

ROCE %

1 Year7.87%
3 Year10.29%
5 Year11.13%

Debt/Equity

1.0762

Price to Cash Flow

4.17

Interest Cover Ratio

1.1521212352689

CFO/PAT (5 Yr. Avg.)

8.3007518927757

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2020 74.43 0
Sep 2020 74.43 0
Jun 2020 74.43 0
Mar 2020 74.43 0
Dec 2019 74.43 0
* Figures given above are % of equity capital

 Strengths

  • The company has an efficient Cash Conversion Cycle of 54.9507241740316 days.
  • The company has a good cash flow management; CFO/PAT stands at 8.3007518927757.
  • The company has a high promoter holding of 74.43%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 36.3232793901215.

 Limitations

  • The company has shown a poor profit growth of -36.8238017949422% for the Past 3 years.
  • The company has shown a poor revenue growth of 7.80138725130566% for the Past 3 years.
  • Company has a poor ROE of 5.7149912327929% over the past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
Net Sales 107.46 109.14 57.37 123.32 128.53
Total Expenditure 91.92 95.68 52.36 104.16 109.06
Operating Profit 15.54 13.46 5.01 19.15 19.46
Other Income 0.09 0.16 0.15 0.48 0.42
Interest 5.96 5.34 4.63 5.05 5.08
Depreciation 7.88 7.81 6.89 7.62 7.6
Exceptional Items -3.28 0.06 0 0 0
Profit Before Tax -1.49 0.53 -6.35 6.97 7.19
Tax -0.65 0.24 0 0.57 2.68
Profit After Tax -0.85 0.29 -6.35 6.4 4.52
Adjusted EPS (Rs) -0.05 0.02 -0.37 0.37 0.26

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Net Sales 392.58 367.25 388.45 461.9 460.09
Total Expenditure 347.07 332.37 351.32 411.28 401.47
Operating Profit 45.51 34.89 37.13 50.62 58.62
Other Income 0.84 1.01 6.34 1.44 1.72
Interest 10.5 9.28 13.92 19.92 23.56
Depreciation 15.59 12.99 17.52 21.43 29.97
Exceptional Items 0 0 0 14.86 -3.22
Profit Before Tax 20.25 13.62 12.03 25.58 3.58
Tax 6.13 4.27 4.27 9.17 1.23
Net Profit 14.12 9.36 7.76 16.4 2.36
Adjusted EPS (Rs.) 7.84 5.45 4.52 9.55 1.37

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Equity and Liabilities
Share Capital 48.12 17.18 17.18 17.18 17.18
Total Reserves 118.37 126.89 132.82 147.25 148.15
Borrowings 5.22 48.57 81.8 109.86 93.61
Other N/C liabilities 2.82 2.89 3.87 8.04 12.24
Current liabilities 59.12 107.63 118.94 121.47 115.08
Total Liabilities 233.65 303.17 354.61 403.8 386.26
Assets
Net Block 96.87 139.38 155.95 233.78 274.9
Capital WIP 2.25 7.68 43.79 38.81 1.65
Investments 0 0 0 1.17 1.13
Loans & Advances 9.57 21.28 30.38 18.68 18.2
Other N/C Assets 6.94 0.94 0.75 1.5 1.59
Current Assets 118.02 133.88 123.73 109.87 88.79
Total Assets 233.65 303.17 354.61 403.8 386.26
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Profit Before Tax 20.25 13.62 12.03 25.58 3.58
Adjustment 27.04 23.52 32.35 41.83 53.55
Working Capital Changes 0.41 5.76 1.98 24.84 0.88
Tax Paid -6.56 -5.57 -3.66 -6.64 -1.67
Operating Cash Flow 41.15 37.33 42.7 85.6 56.34
Investing Cash Flow -7.36 -63.3 -80.19 -84.44 -24.64
Financing Cash Flow -34.91 27.31 40.57 -6.11 -31.1
Net Cash Flow -1.12 1.34 3.08 -4.95 0.6

Corporate Actions

Ratings & Research Reports

Company Presentations

Currently we do not have any Presentation and Concall related to this company.
Report us

Company News

Hitech Corporation Stock Price Analysis and Quick Research Report. Is Hitech Corporation an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Hitech Corporation has a PE ratio of 48.5294117647059 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Hitech Corporation has ROA of 0.59724577880161 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Hitech Corporation has a Current ratio of 0.771546574141417 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Hitech Corporation has a ROE of 1.43092075835828 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Hitech Corporation has a D/E ratio of 1.0762 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Hitech Corporation has an Inventory turnover ratio of 12.3123287304646 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Hitech Corporation has reported revenue growth of -0.392724762941687 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Hitech Corporation for the current financial year is 12.7404571873456 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Hitech Corporation is Rs 0 and the yield is 0 %.

Brief about Hitech Corporation

X