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
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
₹323.51 Cr
Satisfied ₹182.23 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
462
Latest available

About Hitech Corporation Limited

Data last updated: 23 December 2025

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 Bomi Pesi Chinoy and Aditya Mahendra Sheth.

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

As per the financials filed for FY 2025, the company reported a revenue of ₹552.87 Cr, a decline of 2% compared to the previous year.

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 ₹323.51 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 Avan Rohinton Chaina Cfo
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
    hitechgroup.com
  • Social Media
    **************
  • 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
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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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 *********

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 13 directors, with 29 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
Bomi Pesi Chinoy
Also directs: Canes Venatici Trading Private Limited, Sattva Holding And Trading Private Limited, Rayirth Holding And Trading Company Private Limited
Director 23 May 2016 10 Years 1 Months Current
Aditya Mahendra Sheth
Also directs: Galiakotwala Engineering Company Private Limited, Galiakotwala Janseva Foundation
Director 25 Jun 2019 7 Years 0 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 2 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 6 Months Current
Darshana Ajay Soni Deputy Nodal Officer 09 Aug 2023 2 Years 11 Months Current
Avan Rohinton Chaina
Also directs: Rituh Holding And Trading Company Private Limited, Avinash Holding And Trading Company Private Limited, S C Dani Research Foundation Private Limited
Cfo 03 Jul 2019 7 Years 0 Months Current
Showing 6 of 13 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. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹640.4 Cr ▲ 14.07%
Profit · FY 2026
₹15.19 Cr ▲ 69.96%
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
₹323.51 Cr
Satisfied charges
₹182.23 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹201.06 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
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
24 Jul 2014 Hdfc Bank Limited ₹59.06 Cr Open

Total charge records: 33 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%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Hitech Corporation Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Hitech Corporation Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Hitech Corporation Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Hitech Corporation Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Hitech Corporation Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Hitech Corporation Limited

MSME Payment Delays by Hitech Corporation Limited

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Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Hitech Corporation Limited

Subsidiaries & Group Companies of Hitech Corporation Limited

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Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Hitech Corporation Limited

MCA Filings & Documents of Hitech Corporation Limited

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Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Hitech Corporation Limited

Activity
24 Jul 2025
Hitech Corporation Limited last Annual general meeting of members was held on 24 Jul 2025 as per latest MCA records.
Charges
05 Apr 2025
A charge with Hdfc Bank Limited of Rs. 110.00 Cr registered on 04 May 2017 with Charge ID 100109804 was modified on 05 Apr 2025.
Activity
31 Mar 2025
Hitech Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
14 Feb 2025
A charge registered on 12 Apr 2018 via Charge ID 100171993 with Others was fully satisfied on 14 Feb 2025.
Directors
19 Dec 2024
Sivaram Swaminathan was appointed as a Director on 19 Dec 2024 & has been associated with this company since 1 year 6 months.
Directors
29 Apr 2024
Jayendra Ratilal Shah was appointed as a Director on 29 Apr 2024 & has been associated with this company since 2 years 2 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 ₹552.87 Cr for FY 2025 (down 2.00% YoY).

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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