HI-TECH PIPES LIMITED·STEEL PIPES 57.39STEEL 59.35·Industrial Products Companies

2026-08-21 NSE BSE Web Result 12 Aug

Price

81.37

+4.46%
O:77.59
H:81.75
L:77.59
C:81.37

52W Range

70.14127.5
+16%/-36%

Market Cap

₹1,652.69 Cr

Traded: ₹12.93 Cr (0.78%) 0.0x

Free Float: ₹621.91 Cr (2.08% of FF traded)

Volume · 60D trend

16.1 L 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:-4% 3M:-12% 6M:-8% 12M:-11%

Valuation

P/E21.9
P/B1.2
P/S0.3
EV/EBIT12.6

Business Strength

ROE8.0%
ROCE11.7%
OPM4.1%
NPM1.8%

Growth (3Y CAGR)

EPS+4.5%
Sales+21.0%
Profit+21.0%
3Y Return+1.0%

Balance Sheet

Debt/Equity0.2
Debt242 Cr
Pledge13.0%
CWIP/Fixed Asset16.2%

Cash Position

CFO/NP4.0%
FCF-167 Cr
FCF 3Y Avg-491 Cr
Cash/MCap9.0%

Others

Div Yield0.0%
Div Payout0.0%
Cash Conv. Cycle58 days
Tradeable Free Float37.6%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 53.72 Cr
8.64% FF
60d high
₹ 58.34 Cr
60d low
₹ 45.62 Cr
60d mean
₹ 50.75 Cr
vs mean
▲ 5.86%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
Sales
+24.0%
+26.0%
+21.0%
--
+61.0%
Stable
ROE
+10.0%
+8.0%
+7.0%
--
--
Decelerating
Return
--
+6.0%
+1.0%
-11.0%
--
Decelerating
Profit
+28.0%
+27.0%
+21.0%
--
-1.0%
Decelerating

Quarterly Results

Jun 2026

12 Aug
Rev
1.4K Cr
+79% YoY-5% QoQ
OPM3.5%
NPM1.4%
PAT
--20 Cr
EPS
-4% YoY1.0

Mar 2026

28 May
Rev
1.5K Cr
+102% YoY+38% QoQ
OPM3.1%
NPM1.2%
PAT
-0% YoY18 Cr
EPS
+0% YoY0.9

Dec 2025

7 Feb
Rev
1.1K Cr
+41% YoY+25% QoQ
OPM3.9%
NPM1.6%
PAT
-9% YoY17 Cr
EPS
-9% YoY0.9

Sep 2025

PDF
Rev
859 Cr
+22% YoY+9% QoQ
OPM5.0%
NPM2.3%
PAT
+12% YoY20 Cr
EPS
-3% YoY1.0

Jun 2025

PDF
Rev
791 Cr
-9% YoY+8% QoQ
OPM5.0%
NPM2.6%
PAT
+16% YoY21 Cr
EPS
-10% YoY1.0

Mar 2025

PDF
Rev
734 Cr
+8% YoY-4% QoQ
OPM4.8%
NPM2.5%
PAT
+58% YoY18 Cr
EPS
+18% YoY0.9

Dec 2024

PDF
Rev
761 Cr
+21% YoY+8% QoQ
OPM5.0%
NPM2.5%
PAT
+34% YoY19 Cr
EPS
-10% YoY0.9

Sep 2024

PDF
Rev
706 Cr
-5% YoY-19% QoQ
OPM6.0%
NPM2.5%
PAT
+72% YoY18 Cr
EPS
+29% YoY1.0

Jun 2024

PDF
Rev
867 Cr
+35% YoY+27% QoQ
OPM4.9%
NPM2.1%
PAT
+125% YoY18 Cr
EPS
+87% YoY1.1

Mar 2024

PDF
Rev
681 Cr
-3% YoY+8% QoQ
OPM5.0%
NPM1.6%
PAT
-30% YoY11 Cr
EPS
-40% YoY0.7

Dec 2023

PDF
Rev
630 Cr
+11% YoY-16% QoQ
OPM5.0%
NPM2.2%
PAT
+10% YoY14 Cr
EPS
-1% YoY1.1

Sep 2023

PDF
Rev
746 Cr
+25% YoY+16% QoQ
OPM3.6%
NPM1.5%
PAT
+12% YoY11 Cr
EPS
+129% YoY0.8

Jun 2023

PDF
Rev
642 Cr
---9% QoQ
OPM3.3%
NPM1.3%
PAT
+79% YoY8 Cr
EPS
--0.6

Mar 2023

PDF
Rev
702 Cr
--+23% QoQ
OPM5.0%
NPM2.3%
PAT
+41% YoY16 Cr
EPS
--1.2

Dec 2022

Rev
569 Cr
---5% QoQ
OPM5.0%
NPM2.3%
PAT
+28% YoY13 Cr
EPS
--1.1

Sep 2022

Rev
599 Cr
----
OPM4.0%
NPM0.7%
PAT
-6% YoY4 Cr
EPS
--0.3

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity0.20
Interest Coverage0.4x
Promoter Pledge13.0%
Borrowings268 Cr

Efficiency

Receivable Days39 days
Inventory Days53 days
Payable Days34 days
Cash Conversion cycle58 days

Cash Position

Operating Cash Flow3 Cr
Investing Cash Flow-41 Cr
Financing Cash Flow23 Cr
Free Cash Flow-167 Cr

Detailed Financials

Jun 2026PDF ↗
Mar 2026PDF ↗
Dec 2025PDF ↗
Sep 2025PDF ↗
Jun 2025PDF ↗
Mar 2025PDF ↗
Dec 2024PDF ↗
Sep 2024PDF ↗
Jun 2024PDF ↗
Mar 2024PDF ↗
Dec 2023PDF ↗
Sep 2023PDF ↗
Jun 2023PDF ↗
Mar 2023PDF ↗
Dec 2022
Sep 2022
Sales1,4131,4801,070859791734761706867681630746642702569599
Expenses1,3631,4341,028814750699721664824646599719621668541575
Operating Profit49464244413540424335322721342824
OPM %3.5%3.1%3.9%5.0%5.0%4.8%5.0%6.0%4.9%5.0%5.0%3.6%3.3%5.0%5.0%4.0%
Other Income100110011001001-6
Interest1616121287914141491088810
Depreciation8877646556433542
Profit Before Tax2623232728242624241519141121176
Tax %24.0%24.0%25.0%25.0%25.0%27.0%25.0%26.0%25.0%25.0%25.0%25.0%26.0%23.0%25.0%24.0%
Net Profit201817202118191818111411816134
Exceptional Items------000000000000-7
EPS (Rs)1.00.90.91.01.00.90.91.01.10.71.10.80.61.21.10.3
Sales Growth (YoY)78.6%101.6%40.6%21.7%-8.8%7.8%20.8%-5.4%35.0%-3.0%10.7%24.5%--------
Sales Growth (QoQ)-4.5%38.3%24.6%8.6%7.8%-3.5%7.8%-18.6%27.3%8.1%-15.6%16.2%-8.6%23.4%-5.0%--
OP Growth (YoY)19.5%31.4%5.0%4.8%-4.7%0.0%25.0%55.6%104.8%2.9%14.3%12.5%--------
OP Growth (QoQ)6.5%9.5%-4.5%7.3%17.1%-12.5%-4.8%-2.3%22.9%9.4%18.5%28.6%-38.2%21.4%16.7%--
Profit Growth (YoY)---0.2%-9.2%11.9%15.9%58.4%33.6%72.0%125.1%-29.7%10.1%11.6%79.0%41.2%28.0%-6.1%
EPS Growth (YoY)-3.9%0.0%-8.5%-2.9%-9.7%17.6%-10.5%28.8%86.9%-40.3%-0.9%128.6%--------
EPS Growth (QoQ)13.8%1.2%-14.0%-2.9%18.4%-7.5%-8.7%-9.7%54.0%-29.5%31.3%31.1%-50.8%17.0%202.9%--
OP Margin3.5%3.1%3.9%5.1%5.2%4.8%5.3%6.0%5.0%5.1%5.1%3.6%3.3%4.8%4.9%4.0%
Net Margin1.4%1.2%1.6%2.3%2.6%2.5%2.5%2.5%2.1%1.6%2.2%1.5%1.3%2.3%2.3%0.7%
Material Cost %--95.0%93.0%91.0%91.0%92.0%90.0%89.0%91.0%89.0%90.0%92.0%93.0%90.0%90.0%92.0%
Employee Cost %--1.0%1.0%1.0%1.0%1.0%1.0%1.0%1.0%1.0%1.0%1.0%1.0%1.0%1.0%1.0%
P/S0.340.410.560.57------------------------
P/E21.8722.3925.3122.95------------------------
P/B1.241.281.491.38------------------------

Shareholding Pattern

Shareholders:99.6K (+997.3%)
Current MixJun 2026

Exchange Filings

50
Company Update17 Aug 2026

Concall Transcript Q1FY27

Company Update14 Aug 2026

Statement of Deviation or Variation for the Quarter ended June 30, 2026

Company Update14 Aug 2026

Monitoring Agency Report w.r.t. the utilization of Qualified Institutional Placement ("QIP") proceeds for the Quarter ended June 30, 2026

Insider Trading / SAST14 Aug 2026

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vipul Bansal & Others

Company Update13 Aug 2026

Audio Recording Link of Earning Conference Call w.r.t. Un-audited Financial Results for the Quarter ended June 30, 2026

Company Update13 Aug 2026

Newspaper Publication w.r.t. Un-audited Financial Results for the Quarter ended June 30, 2026

Board Meeting12 Aug 2026

Un-audited Financial Results (Standalone and Consolidated) for the Quarter ended June 30, 2026

Result12 Aug 2026

Un-audited Financial Results (Consolidated and Standalone) for the Quarter ended June 30, 2026

Company Update12 Aug 2026

Press Release on Un-audited Financial Results of the Company for the Quarter ended June 30, 2026

Company Update12 Aug 2026

Investor Presentation w.r.t. the Un-audited Financial Results for the Quarter ended June 30, 2026

Company Update10 Aug 2026

Q1FY27 EARNING CONFERENCE CALL

Board Meeting05 Aug 2026

Hi-Tech Pipes Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve Intimation of Board Meeting for ....

Company Update10 Jul 2026

Hi-Tech Pipes Limited has submitted certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018 for the Quarter ended June 30, 2026

Company Update03 Jul 2026

HIGHEST EVER QUARTERLY SALES VOLUME

Company Update01 Jul 2026

General Update

AGM/EGM29 Jun 2026

Hi-Tech Pipes Limited has submitted with the exchange Consolidated Scrutinizer''s Report and Voting Results w.r.t. Postal Ballot Notice dated 28th May, 2026

Insider Trading / SAST24 Jun 2026

Closure of Trading Window for declaration of Un-Audited Financial Results (Standalone and Consolidated both)for the Quarter ending June 30, 2026

Company Update09 Jun 2026

Hi-Tech Pipes Limited has informed the Exchange about copy of Newspaper Publication

AGM/EGM08 Jun 2026

Hi-Tech Pipes Limited has informed the Exchange regarding Corrigendum to Notice of Postal Ballot dated May 28, 2026

Insider Trading / SAST02 Jun 2026

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bandhan Mutual Fund

Insider Trading / SAST02 Jun 2026

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bandhan Mutual Fund

Insider Trading / SAST02 Jun 2026

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bandhan Mutual Fund

Company Update30 May 2026

NEWSPAPER PUBLICATIONS W.R.T. FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH 31, 2026

Company Update30 May 2026

NEWSPAPER PUBLICATIONS W.R.T. DISPATCH OF NOTICE OF POSTAL BALLOT TO THE MEMBERS OF THE COMPANY

Company Update30 May 2026

Statement of Deviation or Variation under Regulation 32 for the Quarter ended March 31, 2026

AGM/EGM29 May 2026

Notice of Postal Ballot w.r.t. Raising of funds

Result28 May 2026

Results-Financial Results for March 31, 2026

Board Meeting28 May 2026

Outcome of the Board Meeting dated May 28, 2026

Company Update28 May 2026

Appointment of M/s. S. Shekar & Co., Cost Accountants, as the Cost Auditors of the Company for the Financial Year 2026-27

Company Update28 May 2026

Appointment of M/s. BAS & CO., Chartered Accountants as Internal Auditors of the Company for the F.Y. 2026-27

Company Update28 May 2026

Raising of Funds by way of issuance of warrants by way of Preferential Issue

Company Update28 May 2026

Press Release w.r.t. Audited Financial Results for the Quarter and Year ended March 31, 2026

Company Update28 May 2026

Investor Presentation w.r.t. Audited Financial Results for the Quarter and Year ended March 31, 2026

Company Update28 May 2026

Audio Recording Link of Earning Conference Call w.r.t. Audited Financial Results for the Quarter and Year ended March 31, 2026

Company Update25 May 2026

INTIMATION OF CONFERENCE CALL ON FINANCIAL PERFORMANCE OF THE COMPANY FOR THE QUARTER AND FINANCIAL YEAR ENDED MARCH 31, 2026

Board Meeting22 May 2026

Hi-Tech Pipes Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/05/2026 ,inter alia, to consider and approve Intimation for Board Meeting ....

Company Update14 May 2026

Monitoring Agency Report w.r.t. Utilization of Qualified Institutional Placement proceeds for the Quarter ended March 31, 2026

Company Update13 Apr 2026

Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the Quarter ended March 31, 2026

Company Update06 Apr 2026

Sales Volume Update Q4FY26

Others31 Mar 2026

Outcome of the Board Meeting

Company Update31 Mar 2026

Hi-Pipes Limited informed about Acquisition

Insider Trading / SAST25 Mar 2026

CLOSURE OF TRADING WINDOW FOR DECLARATION OF AUDITED FINANCIAL RESULTS (STANDALONE AND CONSOLIDATED) FOR THE QUARTER AND FINANCIAL YEAR ENDED MARCH 31, 2026

Company Update14 Feb 2026

Monitoring Agency Report for the Quarter ended December 31, 2025

Company Update12 Feb 2026

Transcript of Earning Conference Call held on February 07, 2026

Company Update09 Feb 2026

Newspaper Publication on Unaudited Financial Results for the Quarter and Nine Months ended December 31, 2025

Company Update09 Feb 2026

Commences Commercial Production at a Greenfield Facility at Sikandrababd Unit-III, U.P.- Commissioning marks achievement of 1 Million Tons Annual Installed Capacity

Company Update07 Feb 2026

Audio Recording link of Earning Conference Call with respect to Unaudited Financial Results for the Quarter and Nine Months ended December 31, 2025

Company Update07 Feb 2026

Press Release on Unaudited Financial Results for the Quarter and Nine Months ended December 31, 2025

Company Update07 Feb 2026

Investor Presentation on Unaudited Financial Results (Standalone & Consolidated) for the Quarter and Nine Months ended December 31, 2025

Board Meeting07 Feb 2026

Submission of Unaudited Financial Results (Standalone & Consolidated) for the Quarter and Nine Months ended December 31, 2025

Annual Reports

8

2025

2024

2023

2022

2021

2020

2019

2018

Credit Ratings

6
fitchRating update
10 Sept 2025Report
crisilRating update
18 Jul 2025Report
crisilRating update
16 Apr 2025Report
infomericsRating update
07 Feb 2025Report
crisilRating update
07 Feb 2025Report
fitchRating update
13 Dec 2024Report

Concalls

20

Feb 2026

28 Feb 2026

Nov 2025

30 Nov 2025

Aug 2025

31 Aug 2025

May 2025

31 May 2025

Feb 2025

28 Feb 2025

Nov 2024

30 Nov 2024

Oct 2024

31 Oct 2024

Aug 2024

31 Aug 2024

May 2024

31 May 2024

Jan 2024

31 Jan 2024

Nov 2023

30 Nov 2023

Aug 2023

31 Aug 2023

Jun 2023

30 Jun 2023

May 2023

31 May 2023

Feb 2023

28 Feb 2023

Nov 2022

30 Nov 2022

Aug 2022

31 Aug 2022

May 2022

31 May 2022

Jan 2022

31 Jan 2022

Jan 2022

31 Jan 2022

Held by Mutual Funds

6 schemes hold HITECH · sorted by weight

#SchemeWeight %
1

HSBC Infrastructure Fund

HSBC Mutual Fund

0.31%
2

Bandhan Large & Mid Cap Fund

IDFC Mutual Fund

0.33%
3

Bandhan Small Cap Fund

IDFC Mutual Fund

0.36%
4

JM Small Cap Fund

JM Financial Mutual Fund

0.47%
5

HSBC Small Cap Fund

HSBC Mutual Fund

0.21%
6

HSBC Business Cycles Fund

HSBC Mutual Fund

0.20%