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HITECHCORP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Hitech Corporation Limited reported audited standalone revenue of Rs 58,425 lakhs for FY2026, up 6.3% from Rs 54,943 lakhs in FY2025. Standalone PAT was Rs 802 lakhs (flat vs Rs 798 lakhs). On consolidated basis, revenue grew 14% to Rs 64,040 lakhs from Rs 56,143 lakhs, while PAT surged 70% to Rs 1,519 lakhs from Rs 894 lakhs, boosted by the subsidiary's contribution. The Board recommended a dividend of Rs 1 per share (10%) subject to shareholder approval. Exceptional items of Rs 135 lakhs were recorded due to new Labour Code provisions requiring actuarial valuation charges for gratuity and compensated absences. Auditors issued unmodified opinions on both standalone and consolidated financials. Mr. Malav Dani was reappointed as Managing Director for 5 years from August 5, 2026.
The 70% jump in consolidated PAT signals strong operational performance and improved profitability. The stock could see positive reaction given robust earnings growth, clean audit with unmodified opinion, and shareholder-friendly dividend payout.