Hitech Corp swings to profit, consolidated net nearly doubles
Q4 standalone profit at ₹6.4 cr vs loss a year ago. Full-year consolidated earnings jump to ₹15.2 cr. Board recommends Re.1 dividend.
— 2 earlier stories on Hitech Corporation Ltd. →What's new
- Standalone Q4 profit of ₹6.4 cr vs loss of ₹0.4 cr in Q4 FY25.
- Consolidated full-year profit nearly doubled to ₹15.2 cr.
- Board recommended Re.1 dividend and reappointed MD Malav Dani.
Why this matters
For a nano-cap, a swing from quarterly loss to profit and near-doubling of annual earnings is a material turnaround. The dividend signals management's confidence in sustained cash generation, but the real test is whether this is a one-off or the start of a trend.
What we're watching
- Whether Q1 FY27 maintains the momentum or reverts to prior trends.
- Subsidiary contributions that drove the consolidated jump.
- Any working capital or margin commentary in the concall.
The full read
Hitech Corporation's audited results mark a sharp reversal from last year. Standalone Q4 revenue rose 10% to ₹151.6 crore, but the headline is profit: ₹6.4 crore against a ₹0.4 crore loss in the year-ago quarter. For the full year, consolidated net profit nearly doubled to ₹15.2 crore from ₹8.9 crore, powered by operational improvements and subsidiary performance. The board backed the turnaround with a Re.1 dividend — a 10% yield at current prices — and reappointed Managing Director Malav Dani for five years. While the numbers were pre-announced as a board meeting outcome, the actual quantum is stronger than the bare intimation suggested. For a nano-cap, this is a meaningful inflection point, provided the trajectory holds.
Hitech Corporation Ltd.
Latest quarter · Mar 2026
Strength & growth
Story so far
All notes on HITECHCORP →- 20 May 2026 · 8:49 PM IST Hitech Corp swings to profit, consolidated net nearly doubles
- 58d ago Hitech promoters move to take the company private
- 63d ago Hitech Corp swings to Q4 profit, recommends Re.1 dividend