Financials Hitech Corporation Limited

Equities

HITECHCORP

INE120D01012

Non-Paper Containers & Packaging

Market Closed - Bombay S.E. 06:00:50 2024-04-26 am EDT 5-day change 1st Jan Change
232.3 INR -2.15% Intraday chart for Hitech Corporation Limited +12.82% -9.13%

Valuation

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Capitalization 1 2,432 1,838 824.4 2,132 3,908 2,684
Enterprise Value (EV) 1 4,041 3,651 2,647 3,604 4,889 3,290
P/E ratio 31.3 x 11.2 x 35 x 12.6 x 10.5 x 9.48 x
Yield 0.64% 0.84% - 0.81% 0.44% 0.64%
Capitalization / Revenue 0.63 x 0.4 x 0.18 x 0.48 x 0.66 x 0.48 x
EV / Revenue 1.04 x 0.79 x 0.58 x 0.81 x 0.83 x 0.59 x
EV / EBITDA 10.8 x 7.06 x 4.52 x 5.77 x 5.83 x 4.51 x
EV / FCF -7.23 x -13 x 18.8 x 18.1 x 13.7 x 10.1 x
FCF Yield -13.8% -7.71% 5.31% 5.53% 7.29% 9.92%
Price to Book 1.62 x 1.12 x 0.5 x 1.17 x 1.8 x 1.1 x
Nbr of stocks (in thousands) 17,176 17,176 17,176 17,176 17,176 17,176
Reference price 2 141.6 107.0 48.00 124.1 227.6 156.2
Announcement Date 6/22/18 9/5/19 9/3/20 7/5/21 6/22/22 6/15/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Net sales 1 3,885 4,619 4,601 4,471 5,885 5,587
EBITDA 1 373.5 517.3 585 625.1 839.3 729.6
EBIT 1 199.9 304 301.1 347.4 556.6 459.1
Operating Margin 5.14% 6.58% 6.54% 7.77% 9.46% 8.22%
Earnings before Tax (EBT) 1 120.3 255.8 35.85 223.4 503.9 373.6
Net income 1 77.64 164 23.59 169.6 374 283.3
Net margin 2% 3.55% 0.51% 3.79% 6.36% 5.07%
EPS 2 4.520 9.550 1.370 9.870 21.77 16.49
Free Cash Flow 1 -558.9 -281.4 140.6 199.2 356.6 326.5
FCF margin -14.39% -6.09% 3.05% 4.46% 6.06% 5.84%
FCF Conversion (EBITDA) - - 24.02% 31.87% 42.48% 44.75%
FCF Conversion (Net income) - - 595.73% 117.48% 95.34% 115.26%
Dividend per Share 2 0.9000 0.9000 - 1.000 1.000 1.000
Announcement Date 6/22/18 9/5/19 9/3/20 7/5/21 6/22/22 6/15/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 1,608 1,814 1,823 1,473 981 606
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 4.306 x 3.506 x 3.116 x 2.356 x 1.169 x 0.831 x
Free Cash Flow 1 -559 -281 141 199 357 327
ROE (net income / shareholders' equity) 5.28% 10.4% 1.43% 9.76% 18.7% 12.3%
ROA (Net income/ Total Assets) 3.8% 5.01% 4.76% 5.76% 9.63% 8.26%
Assets 1 2,044 3,274 495.3 2,945 3,883 3,428
Book Value Per Share 2 87.30 95.70 96.30 106.0 126.0 142.0
Cash Flow per Share 2 1.140 0.2200 0.3000 0.3300 0.4200 1.370
Capex 1 809 848 260 173 191 187
Capex / Sales 20.82% 18.36% 5.65% 3.86% 3.25% 3.34%
Announcement Date 6/22/18 9/5/19 9/3/20 7/5/21 6/22/22 6/15/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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