Hitech Corporation Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
HITECHCORP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 18.8 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Hitech Corporation Limited reported audited standalone revenue from operations of Rs 58,425 lakhs for FY2026, up 6.3% from Rs 54,943 lakhs in FY2025. Standalone PAT increased marginally to Rs 802 lakhs vs Rs 798 lakhs year-on-year. Consolidated revenue grew 14% to Rs 64,040 lakhs with PAT jumping to Rs 1,519 lakhs from Rs 894 lakhs. The auditors issued an unmodified (clean) opinion on both standalone and consolidated financials. Exceptional items of Rs 135 lakhs were recorded due to new Labour Code implementation (past service cost for gratuity and compensated absences). The Board recommended a dividend of Rs 1 per share (10%) subject to shareholder approval. Mr Malav Dani was reappointed as Managing Director for 5 years from August 5, 2026.
Revenue growth was modest on standalone basis with PAT remaining flat, indicating pressure on margins. The stock may see neutral reaction as underlying business growth was subdued despite positive audit opinion. Dividend and MD reappointment provide some support.