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Hitech Corporation Ltd P/E Ratio

Hitech Corporation Ltd P/E Ratio

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13.3 K

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Last Updated time: 14 Jul 15:30 PM

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Hitech Corporation Ltd

NSE: HITECHCORP

PE

20.1

Last updated : 14 Jul 15:30 PM

Key Highlights

    The P/E Ratio of Hitech Corporation Ltd is 20.1 as of 14 Jul 15:30 PM .a1#The P/E Ratio of Hitech Corporation Ltd changed from 11.2 on March 2019 to 15.4 on March 2024 . This represents a CAGR of 5.45% over 6 years. a1#The Latest Trading Price of Hitech Corporation Ltd is ₹ 254.05 as of 12 Jul 15:30 .a1#The PE Ratio of Packaging Industry has changed from 13.9 to 9.8 in 5 years. This represents a CAGR of -6.75%a1# The PE Ratio of Automobile industry is 17.2. The PE Ratio of Finance industry is 24.7. The PE Ratio of IT - Software industry is 29.2. The PE Ratio of Packaging industry is 40.9. The PE Ratio of Retail industry is 143.1. The PE Ratio of Textiles industry is 12.1. In 2024a1#The Market Cap of Hitech Corporation Ltd changed from ₹ 183.78 crore on March 2019 to ₹ 339.65 crore on March 2024 . This represents a CAGR of 10.78% over 6 years. a1#The Revenue of Hitech Corporation Ltd changed from ₹ 148.56 crore to ₹ 139.13 crore over 8 quarters. This represents a CAGR of -3.23% a1#The EBITDA of Hitech Corporation Ltd changed from ₹ 19.19 crore to ₹ 20.97 crore over 8 quarters. This represents a CAGR of 4.54% a1#The Net Pr of Hitech Corporation Ltd changed from ₹ 6.34 crore to ₹ 6.64 crore over 8 quarters. This represents a CAGR of 2.34% a1#The Dividend Payout of Hitech Corporation Ltd changed from 9.43 % on March 2019 to 7.81 % on March 2024 . This represents a CAGR of -3.09% over 6 years. a1#

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Historical P/E Ratio of Hitech Corporation Ltd

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share. P/E Ratio Formula P/E ratio = (CMP of share/ Earning per share) Types of Price to Earning Ratio 1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance. 2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

Historical P/E Ratio of Hitech Corporation Ltd

Period
Mar '1911.2
Mar '2035
Mar '2112.6
Mar '2210.4
Mar '239.5
Mar '2415.4

Company Fundamentals for Hitech Corporation Ltd

Market Cap

436 Cr

EPS

12.6

P/E Ratio (TTM) *

20.1

P/B Ratio (TTM) *

1.7

Day’s High

255.0

Day’s Low

240.65

DTE *

0.3

ROE *

8.4

52 Week High

308.85

52 Week Low

180.0

ROCE *

12.9

* All values are consolidated

Last Updated time: 14 Jul 15:30 PM

* All values are consolidated

Last Updated time: 14 Jul 15:30 PM

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Hitech Corporation Ltd

NSE: HITECHCORP

PRICE

254.05

15.25 (6.39%)

stock direction

Last updated : 12 Jul 15:30

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PRICE

The current market price or CMP refers to the price at which the securities are trading in the share market. Current price in Over-the-counter costs: The following current price depends upon the bid price & the asking price when a financial asset is sold over-the-counter(OTC). Current Price in Bond Market: The current price of a bond is determined by measuring the actual interest rate against the bid-related interest rate. The par or the face value is then calculated to represent the remaining interest payments due which occur before the maturity of the bond.

Share price Over Time

1M

1Y

3Y

5Y

* All values are in Rupees

SWOT Analysis Of Hitech Corporation Ltd

Strength

0

S

Weakness

0

W

Opportunity

0

O

Threats

1

T

Asset Value vs Market Value of Hitech Corporation Ltd

Market Value

436

Asset Value

98

3.4 X

Value addition

* All values are in Rupees

Competitive Comparison of P/E Ratio

Company NamePEMarket Cap (INR Cr.)
Hitech Corporation Ltd20436
Inox India Ltd6111,976
EPL Ltd287,452
Garware Hi Tech Films Ltd255,263
Uflex Ltd1064,045

Key Valuation Metric of Hitech Corporation Ltd

Earnings

22 Cr

20.1 X

PE Ratio

Market Cap

₹436.35Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

Earnings

22 Cr

20.1 X

PE Ratio

Market Cap

₹436.35Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Packaging Industry over time

PE Ratio of Top Sectors

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Historical Market Cap of Hitech Corporation Ltd

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Historical Market Cap of Hitech Corporation Ltd

Period
Mar '19184
Mar '2082
Mar '21213
Mar '22391
Mar '23268
Mar '24340

* All values are a in crore

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Historical Revenue of Hitech Corporation Ltd

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Historical Revenue of Hitech Corporation Ltd

Period
Jun '22149
Sep '22161
Dec '22121
Mar '23133
Jun '23151
Sep '23144
Dec '23130
Mar '24139

* All values are a in crore

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Historical EBITDA of Hitech Corporation Ltd

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

Historical EBITDA of Hitech Corporation Ltd

Period
Jun '2219
Sep '2225
Dec '2214
Mar '2321
Jun '2321
Sep '2318
Dec '2315
Mar '2421

* All values are a in crore

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Historical Net Profit of Hitech Corporation Ltd

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Historical Net Profit of Hitech Corporation Ltd

Period
Jun '226
Sep '2210
Dec '223
Mar '239
Jun '238
Sep '235
Dec '233
Mar '247

* All values are a in crore

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Historical Dividend Payout of Hitech Corporation Ltd

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Historical Dividend Payout of Hitech Corporation Ltd

Period
Mar '199
Mar '200
Mar '2110
Mar '225
Mar '236
Mar '248

* All values are a in %

About Hitech Corporation Ltd

About Hitech Corporation Ltd

    Hitech Corporation Ltd (Formerly known as Hi-Tech Plast Limited), incorporated in October, 1991, is a leading manufacturer of rigid plastic packaging solutions for a variety of customer segments from industries such as paints and coatings, agrochemicals, personal care, home care, pharmaceuticals, food & beverage and oils & lubricants. Presently, the Company is engaged in the manufacturing of rigid plastic containers specially catering to customers relating to Paints, Lube agro chemical, FMCG, personal and health care and home care product as well as export market. As at March 31, 2023, Geetanjali Trading & Investments Private Limited, the holding company owned 69.11% of the Company's equity share capital. The new manufacturing unit at Masat, Silvassa, Dadra & Nagar Havelli commenced its commercial production in April 2003. Plastic & Precision Machinefabrik Limited (PPMF) was amalgamated with the Company effective from 1st April 2003, through the Scheme of Amalgamation. Similarly, the Company's wholly owned subsidiary Multitech Plast Containers Limited was amalgamated with the Company, with effect from 1st April 2005. During year 2004-05, the Company purchased the remaining equity shares of Multitech Plast Containers Limited and Clear Plastics Limited, thereby making them the wholly owned subsidiaries of the Company. The new manufacturing unit in Rohtak, Haryana commenced its commercial production in April 2010. After commissioning of manufacturing unit in Rohtak, the Company expanded installed capacities in the year 2011-12. All these expansions started commercial production costing Rs 14 Crores. Further, it started commercial production at new Khandala Unit in Satara District of Maharashtra on 30th March, 2013. During the year 2014-15, through the Scheme of Amalgamation, Clear Mipak Packaging Solutions Limited (CMPSL), a subsidiary of the Company was merged into the Company, which came into effect from 1st April, 2014 and accordingly, CMPSL ceased to be the subsidiary of the Company. The Rebuilding of factory operation at Rohtak resumed in March, 2017. The Company set up a a facility for manufacturing rigid plastic containers at Mysuru, Karnataka and commenced commercial production at the said plant from end of September, 2018. Similarly, during the year 2018-19, it commenced construction work at Vizag for manufacturing rigid plastic containers and commenced commercial production in the month of August, 2019. As a part of its consolidation initiative, the manufacturing facility of the Company situated at Galonda (Dadra & Nagar Haveli) was shifted and merged with the unit situated at Naroli (Dadra & Nagar Haveli) by transfer of Plant and Machinery and other accessories with effect from October 1, 2018. Similarly, Technology Centre at Chinchwad, Pune was shifted to a separate unit situated within the plant premises at Sanaswadi. The manufacturing operations of the Company's unit situated at Baddi, Himachal Pradesh resumed operations to normalcy in the month of October, 2019.

Hitech Corporation Ltd News Hub

News

Hitech Corp. to conduct AGM

Hitech Corp. announced that the 33th Annual General Meeting (AGM) of the company will be h...

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29 Jun 202417:30

News

Board of Hitech Corp. recommends final dividend

Hitech Corp. announced that the Board of Directors of the Company at its meeting held on 1...

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17 May 202409:41

News

Hitech Corp. schedules board meeting

Hitech Corp. will hold a meeting of the Board of Directors of the Company on 16 May 2024 P...

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10 May 202416:05

News

Hitech Corporation incorporates wholly owned subsidiary in USA

Hitech Corporation has incorporated a wholly owned subsidiary in USA on 17 April 2024 with...

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18 Apr 202416:39

News

Hitech Corp. to convene board meeting

Hitech Corp. will hold a meeting of the Board of Directors of the Company on 7 February 20...

Read more

01 Feb 202410:58

News

Hitech Corp. to table results

Hitech Corp. will hold a meeting of the Board of Directors of the Company on 7 November 20...

Read more

02 Nov 202312:30

Product Composition by Percentage (Revenue)

FAQs for PE of Hitech Corporation Ltd

What is Hitech Corporation Ltd current share price?

The current market price of Hitech Corporation Ltd as of July 14, 2024 is ₹254.05.

What is Hitech Corporation Ltd's market cap?

Hitech Corporation Ltd's market capitalisation stood at ₹436 Cr as of July 14, 2024

What are Hitech Corporation Ltd's total net assets?

According to Hitech Corporation Ltd's most recent financial filings, the company's net assets total ₹98.5 Cr.

Is Hitech Corporation Ltd making a profit or loss?

Hitech Corporation Ltd's net Profit as of July 14, 2024 is close to ₹22 Cr.
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