Hitech Corporation Limited

BSE: 526217 NSE: HITECHCORP
Hitech Corporation Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN L28992MH1991PLC168235 Incorporated 16 October 1991 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: HITECHCORP · BSE: 526217 Public Limited Company manufacturing
Data last updated
Revenue · FY 2026
₹640.4 Cr
▲ 14.07% YoY
Computed EBITDA · FY 2026
₹78.84 Cr
▲ 20.88% YoY
Net profit · FY 2026
₹15.19 Cr
▲ 69.96% YoY
Authorised capital
₹60.5 Cr
Registered with MCA
Paid-up capital
₹17.18 Cr
Issued & subscribed
Open charges
₹353.51 Cr
Satisfied ₹182.23 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
462
Latest available

About Hitech Corporation Limited

Data last updated: 14 July 2026

Hitech Corporation Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Geetanjali Trading And Investments Private Limited and recognised as a startup by DPIIT. It specialises in plastic-based products, a part of the broader manufacturing sector. Incorporated on 16 October 1991, the company has been in operation for over 35 years.

Registered with ROC Mumbai under CIN L28992MH1991PLC168235. Listed on BSE: 526217 and NSE: HITECHCORP.

Capital: an authorised share capital of ₹60.5 Cr and a paid-up capital of ₹17.18 Cr. Formerly known as Hitech Plast Limited. It is led by directors including Malav Ashwin Dani and Jayendra Ratilal Shah.

Last AGM: 24 July 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.

As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹640.4 Cr, a growth of 14.07% compared to the previous year. The net worth stands at ₹284.64 Cr (up 5.15% YoY). Total assets are valued at ₹488.84 Cr (up 8.43% YoY).

The company has a workforce of approximately 462 employees as per the latest available data. It operates as a subsidiary of Geetanjali Trading And Investments Private Limited.

The company is associated with 1 brand - Hitech. As per MCA filings, the company has open charges of ₹353.51 Cr and satisfied charges of ₹182.23 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hitechgroup.com.

Company Details of Hitech Corporation Limited
CIN L28992MH1991PLC168235
Registration Number 168235
Incorporation Date 16 October 1991
ROC Mumbai
Listing Status Listed (BSE: 526217, NSE: HITECHCORP)
Company Status Active
Date of Last AGM 24 July 2025
Date of Balance Sheet 31 March 2025
Parent Company Geetanjali Trading And Investments Private Limited
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Key People
Malav Ashwin Dani Managing Director Mehernosh Adi Mehta Whole-Time Director Jayendra Ratilal Shah Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    hitechgroup.com
  • Social Media
    Locked
  • Registered Address
    Unit No. 201 2Nd Floor Welspun House Kamala City Senapati Bapat Marg Lower, Parel, Mumbai, Maharashtra, India – 400013
  • Industry
    Manufacturing, Plastic-Based Products
Company report
Hitech Corporation Limited - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for Hitech Corporation Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Hitech Corporation Limited

Hitech Corporation Limited has one previous CIN (Corporate Identification Number): U28992MH1991PLC168235. The current CIN is L28992MH1991PLC168235, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L28992MH1991PLC168235 Current
U28992MH1991PLC168235 Previous

Associated Brands with Hitech Corporation Limited

Hitech Corporation Limited operates one associated brand: Hitech. These brands represent Hitech Corporation Limited's diversified market presence and brand portfolio.

Brand Description Website
Hitech
Multiple industries are operated across by the diversified conglomerate. hitechgroup.com

Business Activity of Hitech Corporation Limited

Hitech Corporation Limited is engaged in the principal business activity of manufacturing, with detailed activities including plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C8 Plastic products, non-metallic mineral products, rubber products, fabricated metal products Locked
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Business activity turnover details for Hitech Corporation Limited

Turnover contribution percentages and historical activity changes require an active report plan.

  • Turnover contribution
  • Historical classifications
  • Filing-level activity changes

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Auditor Details of Hitech Corporation Limited

Hitech Corporation Limited is audited by Kalyaniwalla & Mistry LLP (ICAI peer reviewed, certificate valid till 2027-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
Kalyaniwalla & Mistry LLP (ICAI peer reviewed, certificate valid till 2027-07-31) FY 2026 Declaration of unmodified opinion

Board of Directors of Hitech Corporation Limited

Hitech Corporation Limited is currently managed by 10 directors, with 23 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Malav Ashwin Dani
Also directs: Thriarr Polymers Private Limited, Avinash Holding And Trading Company Private Limited, Mefree Llp and 5 more
Managing Director 01 Feb 2008 18 Years 6 Months Current
Jayendra Ratilal Shah
Also directs: Geetanjali Trading And Investments Private Limited, Jayvee Organics And Polymers Pvt Ltd
Director 29 Apr 2024 2 Years 3 Months Current
Kalpana Vithaldas Merchant Director 27 Feb 2020 6 Years 5 Months Current
Mehernosh Adi Mehta
Also directs: Paladin Paints & Chemicals Private Limited
Whole-Time Director 17 Mar 2016 10 Years 4 Months Current
Aditya Mahendra Sheth
Also directs: Galiakotwala Engineering Company Private Limited, Galiakotwala Janseva Foundation
Director 25 Jun 2019 7 Years 1 Months Current
Ina Ashwin Dani
Also directs: Rituh Holding And Trading Company Private Limited, Avinash Holding And Trading Company Private Limited, Hitech Specialities Solutions Private Limited and 2 more
Director 22 Dec 2023 2 Years 7 Months Current
Showing 6 of 10 current directors. View all directors

Financials of Hitech Corporation Limited FY 2026 filings available

Hitech Corporation Limited reported revenue of ₹640.4 Cr (up 14.07% YoY) for FY 2026.

Revenue · FY 2026
₹640.4 Cr ▲ 14.07%
Profit · FY 2026
₹15.19 Cr ▲ 69.96%
Computed EBITDA · FY 2026
₹78.84 Cr ▲ 20.88%
Revenue₹ Cr · Consolidated0250500750FY 2025: ₹561 Cr561FY 2025FY 2026: ₹640 Cr · +14.1% YoY640+14.1%FY 2026
Net Profit₹ Cr · Consolidated01020FY 2025: ₹9 Cr8.9FY 2025FY 2026: ₹15 Cr · +70% YoY15.2+70%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year0100200Q1'25: ₹143 Cr143Q1'25Q2'25: ₹147 Cr147Q2'25Q3'25: ₹123 Cr123Q3'25Q4'25: ₹149 Cr149Q4'25Q1'26: ₹165 Cr · +15.6% YoY165+15.6%Q1'26Q2'26: ₹164 Cr · +12.2% YoY164+12.2%Q2'26Q3'26: ₹145 Cr · +18% YoY145+18%Q3'26Q4'26: ₹166 Cr · +11.2% YoY166+11.2%Q4'26
Metrics FY 2026 FY 2025
Revenue from Operations ₹640.4 Cr ₹561.43 Cr
Other Income ₹4.27 Cr ₹3.5 Cr
Total Income ₹644.68 Cr ₹564.92 Cr
Cost of Materials Consumed ₹386.19 Cr ₹343.87 Cr
Purchases of Stock-in-Trade ₹0 ₹0
Changes in Inventories -₹3.35 Cr -₹1.11 Cr
Employee Benefit Expense ₹51.81 Cr ₹44.08 Cr
Finance Costs ₹18.65 Cr ₹16.15 Cr
Depreciation & Amortisation ₹39.71 Cr ₹36.46 Cr
Other Expenses ₹131.18 Cr ₹112.86 Cr
Total Expenses ₹624.19 Cr ₹552.31 Cr
Profit Before Exceptional Items & Tax ₹20.49 Cr ₹12.61 Cr
Exceptional Items -₹1.35 Cr -₹78.33 Lakh
Profit Before Tax ₹19.13 Cr ₹11.83 Cr
Total Tax Expense ₹3.95 Cr ₹2.89 Cr
Net Profit ₹15.19 Cr ₹8.94 Cr
  attributable to Owners ₹0 ₹0
  attributable to NCI ₹0 ₹0
Other Comprehensive Income ₹47.72 Lakh ₹4.83 Lakh
Total Comprehensive Income ₹15.67 Cr ₹8.99 Cr
EBITDA (computed) ₹78.84 Cr ₹65.22 Cr
Basic EPS ₹8.84 ₹5.20
Diluted EPS ₹8.84 ₹5.20
Metrics FY 2026 FY 2025
Total Assets ₹488.84 Cr ₹450.83 Cr
Non-current Assets ₹324.65 Cr ₹331.39 Cr
Current Assets ₹163.82 Cr ₹119.06 Cr
Property, Plant & Equipment ₹276.31 Cr ₹279.64 Cr
Inventories ₹71.71 Cr ₹51.27 Cr
Trade Receivables ₹71.77 Cr ₹54.56 Cr
Cash & Equivalents ₹5.29 Cr ₹2.26 Cr
Equity (Net Worth) ₹284.64 Cr ₹270.7 Cr
Equity Share Capital ₹17.18 Cr ₹17.18 Cr
Borrowings (Non-current) ₹51.51 Cr ₹43.06 Cr
Borrowings (Current) ₹80.92 Cr ₹66.79 Cr
Total Debt (computed) ₹132.43 Cr ₹109.85 Cr
Current Liabilities ₹131.31 Cr ₹120.1 Cr
Total Liabilities ₹204.2 Cr ₹180.13 Cr
Metrics FY 2026 FY 2025
Operating Cash Flow ₹43.81 Cr ₹48.1 Cr
Investing Cash Flow -₹47.4 Cr -₹62.01 Cr
Financing Cash Flow ₹6.61 Cr ₹15.53 Cr
Capital Expenditure ₹36.86 Cr ₹53.08 Cr
Free Cash Flow (computed) ₹6.95 Cr -₹4.98 Cr
Dividends Paid ₹1.73 Cr ₹1.73 Cr
Net Change in Cash ₹3.02 Cr ₹1.62 Cr
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25
Revenue from Operations ₹166 Cr ₹145.12 Cr ₹164.38 Cr ₹164.9 Cr ₹149.29 Cr ₹123 Cr ₹146.51 Cr ₹142.62 Cr
Other Income ₹2.91 Cr ₹47.37 Lakh ₹47.85 Lakh ₹40.95 Lakh ₹1.26 Cr ₹96.91 Lakh ₹36.42 Lakh ₹97.92 Lakh
Total Income ₹168.91 Cr ₹145.59 Cr ₹164.86 Cr ₹165.31 Cr ₹150.55 Cr ₹123.97 Cr ₹146.88 Cr ₹143.6 Cr
Cost of Materials Consumed ₹97.23 Cr ₹88.7 Cr ₹99.48 Cr ₹100.79 Cr ₹91.85 Cr ₹74.2 Cr ₹90.24 Cr ₹87.58 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹33.48 Lakh -₹1.55 Cr -₹1.35 Cr -₹79.27 Lakh -₹65.89 Lakh ₹1.03 Cr -₹1.04 Cr -₹44.05 Lakh
Employee Benefit Expense ₹13.12 Cr ₹14.46 Cr ₹12.16 Cr ₹12.08 Cr ₹11.71 Cr ₹10.28 Cr ₹10.92 Cr ₹11.18 Cr
Finance Costs ₹4.66 Cr ₹4.57 Cr ₹4.82 Cr ₹4.59 Cr ₹4.2 Cr ₹3.9 Cr ₹4.1 Cr ₹3.95 Cr
Depreciation & Amortisation ₹10.02 Cr ₹10 Cr ₹9.93 Cr ₹9.76 Cr ₹9.63 Cr ₹9.06 Cr ₹9.09 Cr ₹8.68 Cr
Other Expenses ₹33.96 Cr ₹30.71 Cr ₹34.16 Cr ₹32.35 Cr ₹30.63 Cr ₹24.44 Cr ₹29.63 Cr ₹28.23 Cr
Total Expenses ₹159.32 Cr ₹146.9 Cr ₹159.2 Cr ₹158.78 Cr ₹147.36 Cr ₹122.92 Cr ₹142.93 Cr ₹139.18 Cr
Profit Before Exceptional Items & Tax ₹9.59 Cr -₹1.31 Cr ₹5.66 Cr ₹6.54 Cr ₹3.19 Cr ₹1.05 Cr ₹3.94 Cr ₹4.42 Cr
Exceptional Items ₹64.7 Lakh -₹2 Cr ₹0 ₹0 -₹1.55 Cr ₹0 ₹0 ₹76.58 Lakh
Profit Before Tax ₹10.24 Cr -₹3.31 Cr ₹5.66 Cr ₹6.54 Cr ₹1.65 Cr ₹1.05 Cr ₹3.94 Cr ₹5.19 Cr
Total Tax Expense ₹1.35 Cr -₹69.19 Lakh ₹1.49 Cr ₹1.79 Cr ₹63.32 Lakh -₹20.57 Lakh ₹1.16 Cr ₹1.3 Cr
Net Profit ₹8.89 Cr -₹2.62 Cr ₹4.17 Cr ₹4.75 Cr ₹1.01 Cr ₹1.26 Cr ₹2.78 Cr ₹3.89 Cr
  attributable to Owners ₹0 - ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
  attributable to NCI ₹0 - ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Other Comprehensive Income ₹11.64 Lakh ₹36,000 -₹19.69 Lakh ₹55.17 Lakh ₹9.55 Lakh -₹9.81 Lakh -₹38.79 Lakh ₹43.1 Lakh
Total Comprehensive Income ₹9 Cr -₹2.61 Cr ₹3.97 Cr ₹5.3 Cr ₹1.11 Cr ₹1.16 Cr ₹2.39 Cr ₹4.32 Cr
EBITDA (computed) ₹24.27 Cr ₹13.26 Cr ₹20.41 Cr ₹20.9 Cr ₹17.03 Cr ₹14.02 Cr ₹17.13 Cr ₹17.05 Cr
Basic EPS ₹5.17 ₹-1.52 ₹2.43 ₹2.76 ₹0.59 ₹0.73 ₹1.62 ₹2.26
Diluted EPS ₹5.17 ₹-1.52 ₹2.43 ₹2.76 ₹0.59 ₹0.73 ₹1.62 ₹2.26
Latest 8 quarters shown.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹584.25 Cr ₹549.43 Cr ₹561.79 Cr ₹558.67 Cr ₹588.46 Cr ₹447.08 Cr ₹460.09 Cr
Other Income ₹2.53 Cr ₹3.44 Cr ₹1.61 Cr ₹1.74 Cr ₹79.12 Lakh ₹1.45 Cr ₹54.83 Lakh
Total Income ₹586.78 Cr ₹552.87 Cr ₹563.41 Cr ₹560.41 Cr ₹589.25 Cr ₹448.54 Cr ₹460.64 Cr
Cost of Materials Consumed ₹358.44 Cr ₹335.83 Cr ₹339.26 Cr ₹347.04 Cr ₹372.29 Cr ₹263.92 Cr ₹272.97 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories -₹2.62 Cr ₹17.66 Lakh -₹70.13 Lakh ₹3.05 Cr -₹1.16 Cr ₹1.41 Cr ₹1.67 Cr
Employee Benefit Expense ₹45.25 Cr ₹42.96 Cr ₹39.53 Cr ₹35.63 Cr ₹31.41 Cr ₹28.61 Cr ₹30.81 Cr
Finance Costs ₹18.37 Cr ₹16.07 Cr ₹14.26 Cr ₹13.77 Cr ₹16.13 Cr ₹19.33 Cr ₹23.56 Cr
Depreciation & Amortisation ₹37.74 Cr ₹36.02 Cr ₹29.71 Cr ₹28.6 Cr ₹30.01 Cr ₹29.51 Cr ₹29.97 Cr
Other Expenses ₹119.12 Cr ₹110.72 Cr ₹111.33 Cr ₹98.76 Cr ₹100.13 Cr ₹89.06 Cr ₹94.85 Cr
Total Expenses ₹576.29 Cr ₹541.77 Cr ₹533.39 Cr ₹526.86 Cr ₹548.8 Cr ₹431.84 Cr ₹453.83 Cr
Profit Before Exceptional Items & Tax ₹10.49 Cr ₹11.1 Cr ₹30.02 Cr ₹33.56 Cr ₹40.45 Cr ₹16.7 Cr ₹6.81 Cr
Exceptional Items -₹1.35 Cr -₹78.33 Lakh ₹0 ₹3.81 Cr ₹9.94 Cr ₹5.64 Cr -₹3.22 Cr
Profit Before Tax ₹9.14 Cr ₹10.32 Cr ₹30.02 Cr ₹37.36 Cr ₹50.39 Cr ₹22.34 Cr ₹3.58 Cr
Total Tax Expense ₹1.12 Cr ₹2.34 Cr ₹8.02 Cr ₹9.03 Cr ₹12.99 Cr ₹5.38 Cr ₹1.23 Cr
Net Profit ₹8.02 Cr ₹7.98 Cr ₹22 Cr ₹28.33 Cr ₹37.4 Cr ₹16.96 Cr ₹2.36 Cr
  attributable to Owners - - - - - - ₹0
  attributable to NCI - - - - - - ₹0
Other Comprehensive Income ₹12.31 Lakh ₹3.57 Lakh -₹7.64 Lakh -₹35.31 Lakh -₹80.3 Lakh -₹21.31 Lakh ₹40.4 Lakh
Total Comprehensive Income ₹8.15 Cr ₹8.02 Cr ₹21.93 Cr ₹27.98 Cr ₹36.59 Cr ₹16.75 Cr ₹2.76 Cr
EBITDA (computed) ₹66.61 Cr ₹63.18 Cr ₹73.99 Cr ₹75.93 Cr ₹86.59 Cr ₹65.54 Cr ₹60.34 Cr
Basic EPS ₹4.67 ₹4.65 ₹12.81 ₹16.49 ₹21.77 ₹9.87 ₹1.37
Diluted EPS ₹4.67 ₹4.65 ₹12.81 ₹16.49 ₹21.77 ₹9.87 ₹1.37
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹472.39 Cr ₹440.34 Cr ₹389.19 Cr ₹340.45 Cr
Non-current Assets ₹329.7 Cr ₹333.86 Cr ₹294.11 Cr ₹253.26 Cr
Current Assets ₹142.32 Cr ₹106.11 Cr ₹94.53 Cr ₹86.63 Cr
Property, Plant & Equipment ₹262.85 Cr ₹266.1 Cr ₹249.6 Cr ₹221.05 Cr
Inventories ₹67.89 Cr ₹48.82 Cr ₹42.07 Cr ₹37.48 Cr
Trade Receivables ₹61.16 Cr ₹44.97 Cr ₹42.34 Cr ₹36.57 Cr
Cash & Equivalents ₹28.98 Lakh ₹28.1 Lakh ₹64.33 Lakh ₹2.35 Cr
Equity (Net Worth) ₹276.15 Cr ₹269.72 Cr ₹263.42 Cr ₹243.21 Cr
Equity Share Capital ₹17.18 Cr ₹17.18 Cr ₹17.18 Cr ₹17.18 Cr
Borrowings (Non-current) ₹49.97 Cr ₹40.84 Cr ₹24.63 Cr ₹15.04 Cr
Borrowings (Current) ₹80.64 Cr ₹66.03 Cr ₹46.37 Cr ₹46.13 Cr
Total Debt (computed) ₹130.61 Cr ₹106.87 Cr ₹71 Cr ₹61.18 Cr
Current Liabilities ₹124.63 Cr ₹113.12 Cr ₹84.49 Cr ₹73.48 Cr
Total Liabilities ₹196.24 Cr ₹170.62 Cr ₹125.78 Cr ₹97.24 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹37.27 Cr ₹46.95 Cr ₹54.57 Cr ₹69.33 Cr ₹72.68 Cr
Investing Cash Flow -₹45.33 Cr -₹63.74 Cr -₹48.21 Cr -₹15.92 Cr -₹5.91 Cr
Financing Cash Flow ₹8.07 Cr ₹16.43 Cr -₹8.07 Cr -₹54.33 Cr -₹65.06 Cr
Capital Expenditure ₹34.83 Cr ₹52.69 Cr ₹51.35 Cr ₹18.67 Cr ₹19.11 Cr
Free Cash Flow (computed) ₹2.44 Cr -₹5.74 Cr ₹3.23 Cr ₹50.66 Cr ₹53.57 Cr
Dividends Paid ₹1.73 Cr ₹1.73 Cr ₹1.73 Cr ₹1.76 Cr ₹2.42 Cr
Net Change in Cash ₹88,000 -₹36.23 Lakh -₹1.71 Cr -₹91.89 Lakh ₹1.71 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹151.61 Cr ₹131.54 Cr ₹148.28 Cr ₹152.82 Cr ₹137.3 Cr ₹123 Cr ₹146.51 Cr ₹142.62 Cr ₹138.63 Cr ₹129.3 Cr ₹143.49 Cr ₹150.38 Cr
Other Income ₹1.77 Cr ₹20.73 Lakh ₹16.57 Lakh ₹38.46 Lakh ₹1.2 Cr ₹96.91 Lakh ₹36.42 Lakh ₹97.92 Lakh ₹50.03 Lakh ₹67.27 Lakh ₹8.07 Lakh ₹15.75 Lakh
Total Income ₹153.39 Cr ₹131.74 Cr ₹148.45 Cr ₹153.21 Cr ₹138.5 Cr ₹123.97 Cr ₹146.88 Cr ₹143.6 Cr ₹139.13 Cr ₹129.97 Cr ₹143.57 Cr ₹150.53 Cr
Cost of Materials Consumed ₹91.08 Cr ₹81.3 Cr ₹91.78 Cr ₹94.27 Cr ₹83.81 Cr ₹74.2 Cr ₹90.24 Cr ₹87.58 Cr ₹82.74 Cr ₹78.85 Cr ₹87.68 Cr ₹90 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories -₹37.8 Lakh -₹88.35 Lakh -₹90.05 Lakh -₹45.84 Lakh ₹62.61 Lakh ₹1.03 Cr -₹1.04 Cr -₹44.05 Lakh -₹1.42 Cr -₹27.81 Lakh -₹59.3 Lakh ₹1.59 Cr
Employee Benefit Expense ₹11.11 Cr ₹11.49 Cr ₹11.37 Cr ₹11.28 Cr ₹10.91 Cr ₹10.16 Cr ₹10.8 Cr ₹11.09 Cr ₹9.81 Cr ₹9.96 Cr ₹10.3 Cr ₹9.46 Cr
Finance Costs ₹4.62 Cr ₹4.47 Cr ₹4.8 Cr ₹4.49 Cr ₹4.11 Cr ₹3.9 Cr ₹4.1 Cr ₹3.95 Cr ₹3.6 Cr ₹3.49 Cr ₹3.61 Cr ₹3.56 Cr
Depreciation & Amortisation ₹9.52 Cr ₹9.49 Cr ₹9.42 Cr ₹9.31 Cr ₹9.19 Cr ₹9.06 Cr ₹9.09 Cr ₹8.68 Cr ₹8.04 Cr ₹7.52 Cr ₹7.22 Cr ₹6.93 Cr
Other Expenses ₹31.28 Cr ₹28.17 Cr ₹29.98 Cr ₹29.68 Cr ₹28.64 Cr ₹24.38 Cr ₹29.6 Cr ₹28.16 Cr ₹27.04 Cr ₹26.92 Cr ₹28.44 Cr ₹28.73 Cr
Total Expenses ₹147.22 Cr ₹134.03 Cr ₹146.46 Cr ₹148.58 Cr ₹137.29 Cr ₹122.74 Cr ₹142.79 Cr ₹139.02 Cr ₹129.81 Cr ₹126.47 Cr ₹136.65 Cr ₹140.26 Cr
Profit Before Exceptional Items & Tax ₹6.16 Cr -₹2.28 Cr ₹1.99 Cr ₹4.63 Cr ₹1.21 Cr ₹1.22 Cr ₹4.09 Cr ₹4.58 Cr ₹9.32 Cr ₹3.51 Cr ₹6.92 Cr ₹10.27 Cr
Exceptional Items ₹64.7 Lakh -₹2 Cr ₹0 ₹0 -₹1.55 Cr ₹0 ₹0 ₹76.58 Lakh ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹6.81 Cr -₹4.28 Cr ₹1.99 Cr ₹4.63 Cr -₹34.11 Lakh ₹1.22 Cr ₹4.09 Cr ₹5.35 Cr ₹9.32 Cr ₹3.51 Cr ₹6.92 Cr ₹10.27 Cr
Total Tax Expense ₹43.17 Lakh -₹1.02 Cr ₹47.84 Lakh ₹1.22 Cr ₹7.89 Lakh -₹20.57 Lakh ₹1.16 Cr ₹1.3 Cr ₹2.68 Cr ₹97.76 Lakh ₹1.77 Cr ₹2.59 Cr
Net Profit ₹6.38 Cr -₹3.27 Cr ₹1.51 Cr ₹3.4 Cr -₹42 Lakh ₹1.43 Cr ₹2.92 Cr ₹4.05 Cr ₹6.64 Cr ₹2.53 Cr ₹5.15 Cr ₹7.68 Cr
Other Comprehensive Income ₹2.94 Lakh -₹87,000 -₹23.11 Lakh ₹33.35 Lakh ₹8.3 Lakh -₹8.7 Lakh -₹39.13 Lakh ₹43.1 Lakh -₹3.05 Lakh -₹7.81 Lakh -₹7.69 Lakh ₹10.91 Lakh
Total Comprehensive Income ₹6.41 Cr -₹3.27 Cr ₹1.28 Cr ₹3.73 Cr -₹33.7 Lakh ₹1.34 Cr ₹2.53 Cr ₹4.48 Cr ₹6.61 Cr ₹2.45 Cr ₹5.07 Cr ₹7.79 Cr
EBITDA (computed) ₹20.29 Cr ₹11.67 Cr ₹16.21 Cr ₹18.43 Cr ₹14.51 Cr ₹14.19 Cr ₹17.27 Cr ₹17.21 Cr ₹20.97 Cr ₹14.52 Cr ₹17.75 Cr ₹20.76 Cr
Basic EPS ₹3.71 ₹-1.90 ₹0.88 ₹1.98 ₹-0.24 ₹0.83 ₹1.70 ₹2.36 ₹3.87 ₹1.47 ₹3.00 ₹4.47
Diluted EPS ₹3.71 ₹-1.90 ₹0.88 ₹1.98 ₹-0.24 ₹0.83 ₹1.70 ₹2.36 ₹3.87 ₹1.47 ₹3.00 ₹4.47
Latest 12 quarters shown of 24 on record.
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Shareholding Pattern of Hitech Corporation Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 74.43%, domestic institutional investors hold 0.04%, retail and other public shareholders hold 25.51% of Hitech Corporation Limited. The company had 8,727 shareholders on record.

Promoters: 74.43%DII (Domestic Institutional): 0.04%Retail & Others: 25.51%
Mar 2026
QUARTER
74.43% Promoters
0.04% DII (Domestic Institutional)
25.51% Retail & Others
Promoter holding - history
Now 74.43% · Mar 2026High 74.44% · Mar 2020Low 71.06% · Dec 2015
70%71.5%73%74.5%76%Dec 2015Mar 2018Sep 2020Mar 2023Sep 2025Dec 2015: 71.06%Feb 2016: 74.43%Mar 2016: 74.43%Jun 2016: 74.43%Sep 2016: 74.43%Dec 2016: 74.43%Mar 2017: 74.43%Jun 2017: 74.43%Sep 2017: 74.43%Dec 2017: 74.43%Mar 2018: 74.43%Jun 2018: 74.43%Sep 2018: 74.43%Dec 2018: 74.43%Mar 2019: 74.43%Jun 2019: 74.43%Sep 2019: 74.43%Dec 2019: 74.43%Mar 2020: 74.44%Jun 2020: 74.44%Sep 2020: 74.43%Dec 2020: 74.43%Mar 2021: 74.43%Jun 2021: 74.43%Sep 2021: 74.43%Dec 2021: 74.43%Mar 2022: 74.43%Jun 2022: 74.43%Sep 2022: 74.43%Dec 2022: 74.43%Mar 2023: 74.43%Jun 2023: 74.43%Sep 2023: 74.43%Dec 2023: 74.43%Mar 2024: 74.43%Jun 2024: 74.43%Sep 2024: 74.43%Dec 2024: 74.43%Mar 2025: 74.43%Jun 2025: 74.43%Sep 2025: 74.43%Dec 2025: 74.43%Mar 2026: 74.43%74.44%71.06%74.43%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters74.43%74.43%74.43%74.43%74.43%74.43%
Public25.57%25.57%25.57%25.57%25.57%25.57%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Promoters74.43%74.43%74.43%74.43%74.43%74.43%74.44%74.43%74.43%74.43%74.43%
Public25.57%25.57%25.57%25.57%25.57%25.57%25.57%25.57%25.57%25.57%25.57%
Promoter change (YoY, %pts)+0.00+0.00+0.00+0.00+0.00-0.01+0.01+0.00+0.00+0.00-

Board & Governance of Hitech Corporation Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Hitech Corporation Limited has 10 directors - 6 independent and 2 executive. The board is chaired by Swaminathan Sivaram.

DirectorPositionOn board sinceListed boards
Swaminathan Sivaram Non-Executive - Independent Director · Chairperson 2024-12-19 2
Jayendra R. Shah Non-Executive - Non Independent Director 2024-04-29 1
Malav A. Dani Executive Director · MD 2008-02-01 2
Mehernosh A. Mehta Executive Director 2016-03-17 1
Bomi P. Chinoy Non-Executive - Independent Director 2016-05-23 1
Aditya M. Sheth Non-Executive - Independent Director 2019-06-25 1
Kalpana V. Merchant Non-Executive - Independent Director 2020-02-27 1
Ina Ashwin Dani Non-Executive - Non Independent Director 2023-12-22 1
Prakash D. Trivedi Non-Executive - Independent Director 2023-12-22 1
Anjan Ray Non-Executive - Independent Director 2024-02-07 1
Board Committees
CommitteeMembers
Audit Committee Bomi P. Chinoy (Chairperson), Kalpana V. Merchant, Aditya M. Sheth, Jayendra R. Shah
Nomination and remuneration committee Aditya M. Sheth (Chairperson), Jayendra R. Shah, Anjan Ray
Stakeholders Relationship Committee Kalpana V. Merchant (Chairperson), Bomi P. Chinoy, Aditya M. Sheth, Jayendra R. Shah
Corporate Social Responsibility Committee Aditya M. Sheth (Chairperson), Bomi P. Chinoy, Prakash D. Trivedi, Malav A. Dani

Charges & Borrowings of Hitech Corporation Limited

Open charges
₹353.51 Cr
Satisfied charges
₹182.23 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹231.06 Cr
Kotak Mahindra Bank Limited₹80.70 Cr
Axis Bank Limited₹20.00 Cr
Standard Chartered Bank₹10.00 Cr
The Zoroastrian Co-Operative Bank Limited₹9.00 Cr
Others₹2.75 Cr
Latest charge details
DateLenderAmountStatus
30 May 2026 Hdfc Bank Limited ₹15 Cr Open
27 Mar 2024 The Zoroastrian Co-Operative Bank Limited ₹9 Cr Open
27 Sep 2019 Axis Bank Limited ₹20 Cr Open
28 Mar 2019 Hdfc Bank Limited ₹32 Cr Open
04 May 2017 Hdfc Bank Limited ₹110 Cr Open

Total charge records: 34 View all charges

Employees and EPFO Compliance at Hitech Corporation Limited

Hitech Corporation Limited has a workforce of 462 employees as of May 15, 2024.

Employee count
462
Active EPFO establishments
10
Employee growth
4.29%
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Employee and EPFO history for Hitech Corporation Limited

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GST Compliance of Hitech Corporation Limited

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Credit Ratings, Litigation & Regulatory Alerts for Hitech Corporation Limited

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MSME Payment Delays by Hitech Corporation Limited

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MSME payment history for Hitech Corporation Limited

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Subsidiaries & Group Companies of Hitech Corporation Limited

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Corporate group structure for Hitech Corporation Limited

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MCA Filings & Documents of Hitech Corporation Limited

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Recent Activity on Hitech Corporation Limited

Charges
15 Jun 2026
A charge with Hdfc Bank Limited of Rs. 74.06 Cr registered on 24 Jul 2014 with Charge ID 10519597 was modified on 15 Jun 2026.
Directors
11 Jun 2026
Mugdha Amol Khare was appointed as a Cfo on 11 Jun 2026 & has been associated with this company since 2 months 7 days.
Charges
30 May 2026
A charge with Hdfc Bank Limited amounted to Rs. 15.00 Cr with Charge ID 101307006 was registered on 30 May 2026.
Directors
08 May 2026
Mehli Maneck Golvala was appointed as a Additional Director on 08 May 2026 & has been associated with this company since 3 months 10 days.
Activity
24 Jul 2025
Hitech Corporation Limited last Annual general meeting of members was held on 24 Jul 2025 as per latest MCA records.
Directors
18 Apr 2025
Hetali Harish Mehta was appointed as a Company Secretary on 18 Apr 2025 & has been associated with this company since 1 year 4 months.

Recent News on Hitech Corporation Limited

Board of Hitech Corporation appoints director
25 Jun 2019 · Business Standard

Frequently Asked Questions about Hitech Corporation Limited

Hitech Corporation Limited is an active public limited company in the manufacturing sector based in Mumbai, Maharashtra, India. It was incorporated on 16 October 1991 (35+ years old) and is registered under CIN L28992MH1991PLC168235. Listed on BSE: 526217 and NSE: HITECHCORP. The company has 462 employees.

Hitech Corporation Limited reported revenue of ₹640.4 Cr for FY 2026 (up 14.07% YoY) based on consolidated NSE filings.

The current directors of Hitech Corporation Limited are:

The primary industry of Hitech Corporation Limited is manufacturing. The company specifically operates in plastic-based products. The company is currently active in this sector.

Yes. Hitech Corporation Limited is listed on both BSE (code: 526217) and NSE (symbol: HITECHCORP).

Yes, Hitech Corporation Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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