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Hitech Corporation Ltd
NSE:HITECHCORP

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Hitech Corporation Ltd
NSE:HITECHCORP
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Price: 130.7 INR -0.74% Market Closed
Market Cap: ₹2.2B

Gross Margin

39.6%
Current
Improving
by 3.7%
vs 3-y average of 35.9%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
39.6%
=
Gross Profit
₹2.5B
/
Revenue
₹6.2B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
39.6%
=
Gross Profit
₹2.5B
/
Revenue
₹6.2B

Peer Comparison

Country Company Market Cap Gross
Margin
IN
Hitech Corporation Ltd
NSE:HITECHCORP
2.2B INR
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US
Ball Corp
NYSE:BALL
16.5B USD
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US
Crown Holdings Inc
NYSE:CCK
11.9B USD
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CA
CCL Industries Inc
TSX:CCL.B
15B CAD
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US
Aptargroup Inc
NYSE:ATR
8.3B USD
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US
Berry Global Group Inc
NYSE:BERY
7.8B USD
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US
Silgan Holdings Inc
NYSE:SLGN
4.4B USD
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ZA
Nampak Ltd
JSE:NPK
3.9B ZAR
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CN
Jiamei Food Packaging Chuzhou Co Ltd
SZSE:002969
26.4B CNY
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JP
Toyo Seikan Group Holdings Ltd
TSE:5901
571.4B JPY
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US
Greif Inc
NYSE:GEF
3.1B USD
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Market Distribution

In line with most companies in India
Percentile
51th
Based on 4 996 companies
51th percentile
39.6%
Low
-3 052.3% — 26.9%
Typical Range
26.9% — 53.3%
High
53.3% — 8 269.1%
Distribution Statistics
India
Min -3 052.3%
30th Percentile 26.9%
Median 39%
70th Percentile 53.3%
Max 8 269.1%

Hitech Corporation Ltd
Glance View

Market Cap
2.2B INR
Industry
Packaging

Hitech Corp. Ltd. engages in the manufacturing and packaging of plastic. The company is headquartered in Mumbai, Maharashtra and currently employs 623 full-time employees. The firm offers to the customers related to paints, lube, agrochemical, fast-moving consumer goods (FMCG), personal and health care, and home care products, as well as export market. The firm operates through Rigid Plastic Containers segment. The company develops a range of plastic packaging designs, including sought-after products, such as plastic jars and containers of various capacities. The firm offers paints and coatings packaging. Its injection-molded plastic packaging designs offer multiple benefits, with containers and pails ranging from 200 milliliters (ml) to 20 liters. The firm develops distinguishes packaging designs across hair care, bath and shower care, skincare, cosmetics, and oral care. The firm has approximately 1200 customers across paint and coating FMCGS, agrochemicals, lubricants and health care industries.

HITECHCORP Intrinsic Value
248.3 INR
Undervaluation 47%
Intrinsic Value
Price
H
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
39.6%
=
Gross Profit
₹2.5B
/
Revenue
₹6.2B
What is Hitech Corporation Ltd's current Gross Margin?

The current Gross Margin for Hitech Corporation Ltd is 39.6%, which is above its 3-year median of 35.9%.

How has Gross Margin changed over time?

Over the last 3 years, Hitech Corporation Ltd’s Gross Margin has increased from 36.9% to 39.6%. During this period, it reached a low of 25.2% on Mar 31, 2023 and a high of 39.7% on Jun 30, 2024.

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