Market Cap
218.99 Cr.Face value
10.00Book value
160.48Div. yield
0.78%P/E ratio
29.95P/B ratio
0.79Debt/Eq.
0.41Market Cap
218.99 Cr.Face value
10.00Book value
160.48Div. yield
0.78%P/E ratio
29.95P/B ratio
0.79Debt/Eq.
0.41
Hitech Corporation manufactures rigid plastic packaging across pails, bottles and large drums, supported by advanced moulding technologies. It serves industries spanning paints and coatings, lubricants, construction and specialty chemicals, agrochemicals, food and beverage, home and personal care, and pharmaceuticals.
The Company has 13 manufacturing units across India and a DSIR‑recognised Technology Centre in Pune, with 1 million sq. ft of manufacturing space. Internationally, a wholly owned US subsidiary provides marketing services to support the Group's outreach outside India.
The Group has 2 subsidiaries, both wholly owned. One manufactures thermoset moulded parts for assembly in automobiles and other industries, and the other provides marketing services in the US for the Parent Group.
Key developments included entry into the bulk packaging drum business at Dahej, expansion into dairy markets, and modernisation of machines and moulds. The Group also completed a strategic acquisition in thermoset moulded components and established a US entity to handle overseas marketing.