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 20-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 15-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth 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 20-05-2026   14:30:00
End date and time of board meeting 20-05-2026   17:00:00
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 Declaration of unmodified opinion



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 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 16,600.06 64,040.21
Other income 291.32 427.49
Total income 16,891.38 64,467.70
2 Expenses
(a) Cost of materials consumed 9,723.15 38,619.17
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 33.48 (335.01)
(d) Employee benefit expense 1,311.71 5,181.29
(e) Finance costs 466.40 1,864.71
(f) Depreciation, depletion and amortisation expense 1,001.56 3,970.81
(f) Other Expenses
1 Other Expenses 3,395.80 13,118.11
Total other expenses 3,395.80 13,118.11
Total expenses 15,932.10 62,419.08
3 Total profit before exceptional items and tax 959.28 2,048.62
4 Exceptional items 64.70 (135.15)
5 Total profit before tax 1,023.98 1,913.47
6 Tax expense
7 Current tax 272.83 631.74
8 Deferred tax (137.57) (237.13)
9 Total tax expenses 135.26 394.61
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 888.72 1,518.86
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 888.72 1,518.86
17 Other comprehensive income net of taxes 11.64 47.72
18 Total Comprehensive Income for the period 900.36 1,566.58
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 26,746.78
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 5.17 8.84
Diluted earnings (loss) per share from continuing operations 5.17 8.84
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 5.17 8.84
Diluted earnings (loss) per share from continuing and discontinued operations 5.17 8.84
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 for the quarter and year ended March 31, 2026 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 May 0, 2026. 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 Company 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 the year ended March 31, 2026 and year ended March 31, 2025 represents the following: a. The Government of India has notified the provisions of the four new Labour Codes (“Labour Codes”) on November 21, 2025, consolidating twenty-nine existing labour laws into a comprehensive and unified regulatory framework. Among other changes, the Labour Codes introduce a uniform definition of “wages” to be applied consistently across various employee benefit computations. Pursuant to the revised definition of wages and in accordance with Ind AS 19 – Employee Benefits, the Company has recognised charge arising from the actuarial valuation of past service costs relating to Gratuity Rs. 104.06 lakhs and Compensated absences Rs. 31.10 lakhs. b. 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. c. 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 Board of Directors have, subject to approval by shareholders in the ensuing Annual General Meeting, recommended a dividend of Rs.1 per share ( at the rate of 10%), on the equity shares of the Company for the year ended March 31, 2026, the liability for the same to be accounted once approved by the shareholders at the ensuing Annual General Meeting



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 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 27,631.39
Capital work-in-progress 1,187.22
Investment property 610.64
Goodwill 746.27
Other intangible assets 60.54
Intangible assets under development 13.73
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
1 Other non-current financial assets 869.37
Total of other non-current financial assets 869.37
Total non-current financial assets 983.40
Deferred tax assets (net) 916.08
Other non-current assets
1 Other non-current assets 315.47
Total of other non-current assets 315.47
Total non-current assets 32,464.74
2 Current assets
Inventories 7,171.16
Current financial asset
Current investments 0.00
Trade receivables, current 7,177.23
Cash and cash equivalents 528.77
Bank balance other than cash and cash equivalents 269.46
Loans, current 0.00
Other current financial assets
Total of other current financial assets 238.09
Total current financial assets 8,213.55
Current tax assets (net) 0.00
Other current assets
1 Other current assets 997.56
Total of other current assets 997.56
Total current assets 16,382.27
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 48,884.48
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1,717.57
Other equity 26,746.78
Total equity attributable to owners of parent 28,464.35
Non controlling interest
Total equity 28,464.35
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 5,151.07
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
1 Lease Liabilities 250.54
2 Other Financial Liabilities 100.00
Total of other non-current financial liabilities 350.54
Total non-current financial liabilities 5,501.61
Provisions, non-current 1,041.89
Deferred tax liabilities (net) 135.24
Deferred government grants, Non-current 0.00
Other non-current liabilities
1 Other non-current liabilities 610.38
Total of other non-current liabilities 610.38
Total non-current liabilities 7,289.12
Current liabilities
Current financial liabilities
Borrowings, current 8,092.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 1,312.12
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 2,100.77
Total Trade payable 3,412.89
Other current financial liabilities
1 Lease Liabilities 241.25
2 Other financial liabilities 717.45
Total of other current financial liabilities 958.70
Total current financial liabilities 12,463.59
Other current liabilities 346.02
1 Other Current liabilities 346.02
Total of other current liabilities 346.02
Provisions, current 284.97
Current tax liabilities (Net) 36.43
Deferred government grants, Current 0.00
Total current liabilities 13,131.01
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 20,420.13
Total equity and liabilites 48,884.48
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 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
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 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
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 9.60 50.70
Total Amount of items that will not be reclassified to profit and loss 9.60 50.70
2 Income tax relating to items that will not be reclassified to profit or loss 2.73 12.76
3 Amount of items that will be reclassified to profit and loss
1 Exchange differences in translating financial statements of foreign operations 4.77 9.78
Total Amount of items that will be reclassified to profit and loss 4.77 9.78
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 11.64 47.72



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 31-03-2026
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 1,913.47
Adjustments for reconcile profit (loss)
Adjustments for finance costs 1,864.71
Adjustments for decrease (increase) in inventories (2,044.17)
Adjustments for decrease (increase) in trade receivables, current (1,745.60)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (243.05)
Adjustments for decrease (increase) in other non-current assets 98.72
Adjustments for other financial assets, non-current 46.45
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 865.01
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 136.11
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 3,970.81
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current (0.69)
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current (110.05)
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (13.85)
Adjustments for dividend income 0.00
Adjustments for interest income 205.12
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 90.65
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 2,709.93
Net cash flows from (used in) operations 4,623.40
Dividends received 0.00
Interest paid 242.68
Interest received 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 4,380.72
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 947.81
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 64.83
Purchase of property, plant and equipment 3,686.13
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 67.48
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (238.00)
Net cash flows from (used in) investing activities (4,739.63)
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 4,780.20
Repayments of borrowings 1,846.53
Payments of lease liabilities 243.86
Dividends paid 173.16
Interest paid 1,855.28
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 661.37
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 302.46
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 302.46
Cash and cash equivalents cash flow statement at beginning of period 226.31
Cash and cash equivalents cash flow statement at end of period 528.77





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Kalyaniwalla & Mistry LLP Yes 31-07-2027