Hitech Corp swings to Q4 profit, recommends Re.1 dividend
FY26 annual results show Q4 revenue up 10% to ₹151.6 cr; profit at ₹6.4 cr against loss a year ago. Dividend yield of ~10% at current price.
— 1 earlier story on Hitech Corporation Ltd. →What's new
- Q4 standalone revenue rose 10% YoY to ₹151.6 cr.
- Profit swung to ₹6.4 cr from a loss.
- Board recommended Re.1 dividend and reappointed MD for five years.
Why it matters
The results confirm the turnaround trajectory, but with full-year profit barely up, the sustainability of margins remains the open question.
What we're watching
- Whether margin improvement can sustain into FY27.
- Dividend policy — the 10% yield is notable, but payout ratio remains undisclosed.
- Reappointment signals management continuity.
The full read
Hitech Corp reported a clean set of annual numbers, with Q4 delivering a clear profit swing. The full-year picture is less dramatic — profit inched up from ₹7.9 cr to ₹8.0 cr — but the Q4 beat provides a positive base for FY27. The Re.1 dividend, about 10% at current price, offers a tangible return. The reappointment of MD Malav Dani removes succession uncertainty. Yet with no new guidance or material surprises, the next test is whether these results are enough to sustain the current valuation.