Hitech Corporation Ltd
405.05
INR
0.00
(0.00%)
ISIN
INE120D01012
Return %
Stock
S&P 500
1Y
106.76
14.20
3Y
50.72
81.12
5Y
90.84
68.34
Capital Structure
INR
•
in mil. unless spec.Working Capital
INR
•
in mil. unless spec.Growth Rates
INR
•
in mil. unless spec.Quarterly Revenue
INR
•
in mil. unless spec.Quarterly Earnings Per Share
INR
•
in mil. unless spec.Quarterly Dividends Per Share
INR
•
in mil. unless spec.Company Description
- CEO
- Malav Ashwin Dani
- Full Time Employees
- 633
- Sector
- Producer manufacturing
- Industry
- Miscellaneous manufacturing
- Address
- Welspun House, Unit No. 201-203 Mumbai MA India 400013
- IPO Date
- Oct 25, 1993
- Website
- hitechgroup.com
- Similar Companies
- Business
- Hitech Corporation Limited operates as a diversified manufacturer and supplier primarily engaged in plastic packaging solutions serving industries including paints, coatings, personal care, construction chemicals, lubricants, adhesives, food, and beverages. The company’s product portfolio includes plastic jars, containers, bottles, buckets, and specialty packaging items designed to meet industry standards for safety and sustainability. In addition to packaging, Hitech Corporation offers specialty chemicals, personal care formulations, and food nutrition ingredients, supported by its Technology Centre and Applications Laboratory for research and development. Founded in 1991 and headquartered in Silvassa, India, the company operates across multiple locations to provide end-to-end packaging services from concept to final product. In recent developments, Hitech Corporation has undertaken strategic expansion through the acquisition of Thriarr Polymers Private Limited in late 2024, which brings additional product lines into its portfolio and strengthens its position in specialty polymer products. The company has also announced the closure of its PPMF Business Unit at Sarigam, Gujarat, as part of operational restructuring. Moreover, Hitech Corporation continues to invest in advanced manufacturing capabilities, including the unveiling of an advanced manufacturing facility in Dahej and a technology center in Pune. Its Board of Directors actively pursues operational and financial improvements, exemplified by dividend approvals and continuous compliance reporting. The company services diverse markets primarily in India but also caters to international clients via its extensive production and distribution network. Hitech Corporation’s offerings focus on integrated packaging solutions for a broad array of industrial and consumer segments, including paints, FMCG, personal care, food and beverages, construction chemicals, and specialty chemicals, supported by comprehensive R&D and technical services. Its strategic initiatives in acquisitions and facility upgrades reflect a business model aimed at innovation, quality, and market expansion within the domestic and international packaging industry landscape.