Integrated Filing — IndAS



General information about company

Scrip Code 526217
NSE Symbol HITECHCORP
MSEI Symbol NOTLISTED
ISIN INE120D01012
Name of company Hitech Corporation Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 10-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 04-11-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Manufacturing of Plastic Containers
Start date and time of board meeting 10-11-2025   16:30:00
End date and time of board meeting 10-11-2025   18:40:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 16,438.13 32,928.61
Other income 47.85 88.80
Total income 16,485.98 33,017.41
2 Expenses
(a) Cost of materials consumed 9,947.69 20,026.22
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (134.57) (213.84)
(d) Employee benefit expense 1,215.53 2,423.13
(e) Finance costs 481.95 941.36
(f) Depreciation, depletion and amortisation expense 992.59 1,968.97
(f) Other Expenses
1 Other Expenses 3,416.31 6,651.20
Total other expenses 3,416.31 6,651.20
Total expenses 15,919.50 31,797.04
3 Total profit before exceptional items and tax 566.48 1,220.37
4 Exceptional items 0.00 0.00
5 Total profit before tax 566.48 1,220.37
6 Tax expense
7 Current tax 189.51 404.98
8 Deferred tax (40.06) (76.44)
9 Total tax expenses 149.45 328.54
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 417.03 891.83
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 417.03 891.83
17 Other comprehensive income net of taxes (19.69) 35.72
18 Total Comprehensive Income for the period 397.34 927.55
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 0.00 0.00
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 0.00 0.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 1,717.57 1,717.57
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 2.43 5.19
Diluted earnings (loss) per share from continuing operations 2.43 5.19
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 2.43 5.19
Diluted earnings (loss) per share from continuing and discontinued operations 2.43 5.19
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The (audited) consolidated financial results which are published in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements), 2015, have been reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors of the Company at their respective meetings held on November 10, 2025. 2. The (audited) consolidated financial results are prepared in accordance with the Indian Accounting Standards (Ind AS) under section 133 of the Companies Act, 2013, read with prescribed relevant rules issued thereunder and other accounting principles generally accepted in India. 3. The Group has identified Plastic Products as its single primary reportable segment in accordance with the requirements of Ind AS 108 - Operating Segments. Accordingly, no separate segment information has been provided. 4. The exceptional item for half year ended September 30,2024 and year ended March 31, 2025, represents: a. The excess of the compensation amount for the compulsory acquisition of Land (net of interest) over the related carrying cost of the asset held for sale received under Orders from the Land Acquisition, Rehabilitation & Resettlement Authority, D & N. H., Silvassa under the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 (‘the Act’) amounting to Rs. 76.58 lakhs during the quarter ended June 30, 2024. b. The one-time Employee retrenchment compensation payable to the employees on closure of its operations of Sarigam Unit in May 2025, situated at GIDC Sarigam, Gujarat amounting to Rs. 154.91 lakhs accrued during the quarter ended March 31, 2025. 5. The figures for the quarter ended September 30, 2025 are balancing figures between the audited figures in respect of half year ended September 30, 2025 and the published year to date figures (unaudited) upto June 30, 2025.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 27,893.42
Capital work-in-progress 1,325.73
Investment property 625.88
Goodwill 841.46
Other intangible assets 19.90
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 114.03
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets 672.47
Total non-current financial assets 786.50
Deferred tax assets (net) 33.52
Other non-current assets 1,675.74
Total non-current assets 33,202.15
2 Current assets
Inventories 5,772.64
Current financial asset
Current investments 0.00
Trade receivables, current 6,619.70
Cash and cash equivalents 252.17
Bank balance other than cash and cash equivalents 200.89
Loans, current 0.00
Other current financial assets 143.46
Total current financial assets 7,216.22
Current tax assets (net) 0.00
Other current assets 1,139.64
Total current assets 14,128.50
3 Non-current assets classified as held for sale 37.47
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 47,368.12
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1,717.57
Other equity 26,107.74
Total equity attributable to owners of parent 27,825.31
Non controlling interest
Total equity 27,825.31
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 4,472.52
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities 560.74
Total non-current financial liabilities 5,033.26
Provisions, non-current 861.79
Deferred tax liabilities (net) 202.51
Deferred government grants, Non-current 0.00
Other non-current liabilities 0.00
Total non-current liabilities 6,097.56
Current liabilities
Current financial liabilities
Borrowings, current 8,123.36
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 624.64
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 2,939.79
Total Trade payable 3,564.43
Other current financial liabilities 1,181.61
Total current financial liabilities 12,869.40
Other current liabilities 247.08
Provisions, current 262.87
Current tax liabilities (Net) 65.90
Deferred government grants, Current 0.00
Total current liabilities 13,445.25
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 19,542.81
Total equity and liabilites 47,368.12
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement of defined benefit plans -3287000 4285000
Total Amount of items that will not be reclassified to profit and loss (32.87) 42.85
2 Income tax relating to items that will not be reclassified to profit or loss (9.76) 10.79
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss (3.42) (3.66)
5 Total Other comprehensive income (19.69) 35.72



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 1,220.37
Adjustments for reconcile profit (loss)
Adjustments for finance costs 950.18
Adjustments for decrease (increase) in inventories (645.65)
Adjustments for decrease (increase) in trade receivables, current (1,119.90)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (397.27)
Adjustments for decrease (increase) in other non-current assets (20.20)
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 337.01
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 1,008.53
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (8.63)
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 1,968.97
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current (50.19)
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current (164.71)
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 5.12
Adjustments for dividend income 0.00
Adjustments for interest income 28.71
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 49.10
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 1,883.65
Net cash flows from (used in) operations 3,104.02
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 513.21
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 2,590.81
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 671.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 26.49
Purchase of property, plant and equipment 2,165.30
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 29.93
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 33.14
Net cash flows from (used in) investing activities (2,746.74)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 2,303.65
Repayments of borrowings 900.72
Payments of lease liabilities 120.46
Dividends paid 172.82
Interest paid 927.86
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 181.79
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 25.86
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 25.86
Cash and cash equivalents cash flow statement at beginning of period 226.31
Cash and cash equivalents cash flow statement at end of period 252.17