Hitech Corporation

Hitech Corporation R&D Expenses

The Research & Development Expenses of Hitech Corporation (HITECHCORP.NS) as of Oct 31, 2026 is 64.01 M INR. In the previous year, Research & Development Expenses was 44.30 M INR — a change of 44.49% (higher).

R&D Expenses

64.01 MINR

YoY

44.49%

Last updated:

Research & Development Expenses of Hitech Corporation is 2024 64.01 M INR. Research & Development Expenses of Hitech Corporation was 2023 44.30 M INR. It decreases by 44.49% higher compared to the previous year.

The Hitech Corporation R&D Expenses history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

R&D Expenses
Date
R&D Expenses
Jan 1, 2017
36.89 M INR
Jan 1, 2018
47.05 M INR
Jan 1, 2019
40.01 M INR
Jan 1, 2020
45.36 M INR
Jan 1, 2021
20.86 M INR
Jan 1, 2022
34.47 M INR
Jan 1, 2023
44.30 M INR
Jan 1, 2024
64.01 M INR
The Hitech Corporation R&D Expenses history
YEARR&D ExpensesYoY
64.01 MINR+44.49%
44.30 MINR+28.50%
34.47 MINR+65.26%
20.86 MINR-54.02%
45.36 MINR+13.39%
40.01 MINR-14.96%
47.05 MINR+27.54%
36.89 MINR+8.28%
34.07 MINR+19.58%
28.49 MINR+61.16%
17.68 MINR—

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Hitech Corporation Stock analysis

What does Hitech Corporation do? Hitech Corp. Ltd. generates revenue by manufacturing and packaging plastic products for various industries. The company focuses on rigid plastic packaging, serving customers in paints, lube, agrochemical, FMCG, personal and health care, and home care sectors. It produces injection-molded containers and pails ranging from 200 ml to 20 liters, including specialized designs for hair care, bath and shower care, skincare, cosmetics, and oral care. The firm caters to approximately 1200 customers across paint and coating, agrochemicals, lubricants, and health care industries. Hitech Corp. Ltd. offers a range of plastic packaging solutions, including plastic jars and containers of various capacities. Its products are tailored for specific industry needs, such as paints and coating packaging, and distinguished packaging designs for personal care segments. The company's manufacturing process supports both domestic and export markets, targeting industries that require durable and functional plastic packaging solutions. The firm's product portfolio includes containers and pails designed for multiple capacities, meeting the demands of its diverse customer base. The company's revenue streams are derived from the sale of plastic packaging products to established industries. Customers in the paint and coating, agrochemicals, lubricants, and health care sectors form the core market segments. Hitech Corp. Ltd. leverages its manufacturing capabilities to provide customized packaging solutions, ensuring alignment with the specific requirements of each industry. The firm's focus on injection-molded plastic packaging enables it to serve a wide range of customer needs efficiently. Hitech Corporation is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Hitech Corporation stock

Research & Development Expenses of Hitech Corporation is 64.01 M INR in 2024.

Research & Development Expenses of Hitech Corporation changed from 44.30 M INR to 64.01 M INR, representing a 44.49% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Research & Development Expenses Hitech Corporation since 2006 – with annual values, charts, and detailed analysis.

R&D expenses represent the costs incurred in researching and developing new products, services, or processes. High R&D spending can signal innovation and future growth potential.

Research & Development Expenses's INR is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Research & Development Expenses's Hitech Corporation historically and in real time.

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Income Statement — Hitech Corporation

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