Share Price and Basic Stock Data
Last Updated: January 7, 2026, 10:53 pm
| PEG Ratio | 4.31 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Hi-Tech Pipes Ltd, operating in the steel tubes and pipes sector, reported a market capitalization of ₹1,851 Cr, with its stock trading at ₹91.2. The company’s revenue from operations stood at ₹1,861 Cr for the fiscal year ending March 2023, reflecting a substantial increase from ₹1,512 Cr in the previous fiscal year. The revenue trajectory has shown a consistent upward trend, with reported sales of ₹2,207 Cr for FY 2024 and projected revenues of ₹2,550 Cr for FY 2025, indicating robust growth. Quarterly sales figures also support this trend, with the latest quarter ending September 2023 recording sales of ₹603 Cr, up from ₹520 Cr in the prior quarter. This consistent growth in revenue can be attributed to increased demand in the infrastructure and construction sectors, which are pivotal for the company’s core operations. The company has also maintained a steady increase in sales over the past quarters, suggesting effective market penetration and operational efficiency.
Profitability and Efficiency Metrics
Hi-Tech Pipes reported a net profit of ₹67 Cr and a profit margin of 2.37% for FY 2025, which is an improvement over the previous year’s margin of 1.62%. Operating profit for FY 2025 rose to ₹136 Cr, with an operating profit margin (OPM) of 5.27%. The efficiency metrics, including a return on equity (ROE) of 7.47% and return on capital employed (ROCE) of 11.3%, indicate a moderate level of profitability compared to industry standards. The interest coverage ratio (ICR) stood at 3.76x, showcasing the company’s ability to meet its interest obligations comfortably. However, the OPM of 5% remains lower than the typical sector range, suggesting room for improvement in cost management and operational efficiencies. The company’s cash conversion cycle of 45 days is relatively efficient, reflecting effective inventory and receivables management, crucial for maintaining liquidity in a capital-intensive industry.
Balance Sheet Strength and Financial Ratios
As of the latest reporting, Hi-Tech Pipes holds total reserves of ₹1,202 Cr against borrowings of ₹174 Cr, indicating a strong balance sheet with low leverage. The debt-to-equity ratio stands at 0.15, reflecting a conservative approach to financing, which is favorable in the capital-intensive steel industry. The company’s current ratio is reported at 2.38, well above the typical benchmark of 1.5, suggesting a strong liquidity position. However, the price-to-book value (P/BV) ratio of 1.66x indicates that the stock may be trading at a premium relative to its book value, which could reflect investor optimism but also poses risks if future earnings do not meet expectations. Additionally, the asset turnover ratio of 2.09 indicates that the company is effectively utilizing its assets to generate sales, though it remains slightly below the higher efficiency levels typically seen in the industry.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Hi-Tech Pipes reveals a significant shift in ownership dynamics, with promoters holding 43.63% of shares as of September 2025, down from 59.32% in December 2022. This decline in promoter holding may raise concerns regarding insider confidence among retail investors. Foreign institutional investors (FIIs) and domestic institutional investors (DIIs) have increased their stakes to 2.39% and 14.51% respectively, indicating growing institutional interest. The number of shareholders has surged to 1,04,410, reflecting increased public interest and potential retail investment. This heightened shareholder base may enhance liquidity and market participation, although a declining promoter stake could suggest a dilution of control, which some investors may view as a risk. Maintaining investor confidence will be crucial for the company, especially as it navigates potential challenges in market conditions and operational performance.
Outlook, Risks, and Final Insight
Looking ahead, Hi-Tech Pipes faces both opportunities and challenges. The continued growth in infrastructure projects in India presents a favorable environment for increased demand for steel pipes and tubes. However, risks such as fluctuating raw material prices and potential regulatory changes in the steel industry could impact margins and profitability. The company’s low debt levels and strong liquidity provide a solid foundation for navigating these challenges. Additionally, improvements in operational efficiency could enhance profitability metrics further. If the company can leverage its strong market position and improve its margins, it may enhance shareholder returns. However, if the decline in promoter holdings leads to a loss of control or strategic direction, it may pose risks that could affect investor sentiment and stock performance.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Mukat Pipes Ltd | 17.3 Cr. | 14.6 | 20.8/11.8 | 6.21 | 0.00 % | % | % | 5.00 | |
| Hariom Pipe Industries Ltd | 1,268 Cr. | 409 | 572/301 | 20.3 | 195 | 0.15 % | 14.1 % | 11.9 % | 10.0 |
| Earthstahl & Alloys Ltd | 25.8 Cr. | 21.1 | 42.4/16.8 | 28.0 | 0.00 % | 3.58 % | 1.43 % | 10.0 | |
| Crimson Metal Engineering Company Ltd | 20.5 Cr. | 46.2 | 46.2/10.8 | 171 | 12.8 | 0.00 % | 8.11 % | 2.35 % | 10.0 |
| Welspun Corp Ltd | 20,851 Cr. | 791 | 995/664 | 11.8 | 311 | 0.63 % | 21.2 % | 18.6 % | 5.00 |
| Industry Average | 10,896.18 Cr | 520.42 | 40.55 | 163.02 | 0.42% | 15.34% | 11.65% | 4.69 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 457 | 444 | 553 | 520 | 603 | 518 | 565 | 723 | 621 | 634 | 572 | 631 | 721 |
| Expenses | 438 | 424 | 525 | 504 | 582 | 493 | 539 | 688 | 586 | 599 | 541 | 597 | 684 |
| Operating Profit | 18 | 19 | 28 | 16 | 21 | 25 | 26 | 35 | 35 | 35 | 30 | 35 | 37 |
| OPM % | 4% | 4% | 5% | 3% | 4% | 5% | 5% | 5% | 6% | 5% | 5% | 5% | 5% |
| Other Income | -6 | 0 | 0 | 0 | 1 | 0 | -0 | 1 | 1 | 0 | 0 | 1 | 0 |
| Interest | 6 | 6 | 6 | 5 | 7 | 6 | 13 | 11 | 11 | 7 | 5 | 6 | 10 |
| Depreciation | 2 | 3 | 5 | 2 | 2 | 3 | 5 | 4 | 4 | 5 | 4 | 5 | 6 |
| Profit before tax | 4 | 11 | 17 | 9 | 12 | 16 | 8 | 20 | 21 | 23 | 22 | 24 | 22 |
| Tax % | 25% | 25% | 21% | 25% | 25% | 24% | 22% | 25% | 26% | 27% | 26% | 25% | 25% |
| Net Profit | 3 | 8 | 14 | 7 | 9 | 12 | 6 | 15 | 15 | 17 | 16 | 18 | 17 |
| EPS in Rs | 0.27 | 0.68 | 1.07 | 0.50 | 0.70 | 0.88 | 0.41 | 0.97 | 0.87 | 0.82 | 0.80 | 0.88 | 0.81 |
Last Updated: January 1, 2026, 10:46 am
Below is a detailed analysis of the quarterly data for Hi-Tech Pipes Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 721.00 Cr.. The value appears strong and on an upward trend. It has increased from 631.00 Cr. (Jun 2025) to 721.00 Cr., marking an increase of 90.00 Cr..
- For Expenses, as of Sep 2025, the value is 684.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 597.00 Cr. (Jun 2025) to 684.00 Cr., marking an increase of 87.00 Cr..
- For Operating Profit, as of Sep 2025, the value is 37.00 Cr.. The value appears strong and on an upward trend. It has increased from 35.00 Cr. (Jun 2025) to 37.00 Cr., marking an increase of 2.00 Cr..
- For OPM %, as of Sep 2025, the value is 5.00%. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 5.00%.
- For Other Income, as of Sep 2025, the value is 0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1.00 Cr. (Jun 2025) to 0.00 Cr., marking a decrease of 1.00 Cr..
- For Interest, as of Sep 2025, the value is 10.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 6.00 Cr. (Jun 2025) to 10.00 Cr., marking an increase of 4.00 Cr..
- For Depreciation, as of Sep 2025, the value is 6.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 5.00 Cr. (Jun 2025) to 6.00 Cr., marking an increase of 1.00 Cr..
- For Profit before tax, as of Sep 2025, the value is 22.00 Cr.. The value appears to be declining and may need further review. It has decreased from 24.00 Cr. (Jun 2025) to 22.00 Cr., marking a decrease of 2.00 Cr..
- For Tax %, as of Sep 2025, the value is 25.00%. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 25.00%.
- For Net Profit, as of Sep 2025, the value is 17.00 Cr.. The value appears to be declining and may need further review. It has decreased from 18.00 Cr. (Jun 2025) to 17.00 Cr., marking a decrease of 1.00 Cr..
- For EPS in Rs, as of Sep 2025, the value is 0.81. The value appears to be declining and may need further review. It has decreased from 0.88 (Jun 2025) to 0.81, marking a decrease of 0.07.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 5:14 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 383 | 458 | 504 | 591 | 822 | 1,118 | 967 | 1,026 | 1,512 | 1,861 | 2,207 | 2,550 | 2,558 |
| Expenses | 364 | 433 | 472 | 555 | 776 | 1,063 | 923 | 975 | 1,438 | 1,782 | 2,119 | 2,414 | 2,421 |
| Operating Profit | 19 | 25 | 32 | 36 | 46 | 54 | 44 | 51 | 74 | 79 | 88 | 136 | 137 |
| OPM % | 5% | 6% | 6% | 6% | 6% | 5% | 5% | 5% | 5% | 4% | 4% | 5% | 5% |
| Other Income | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | 1 | -5 | 1 | 2 | 1 |
| Interest | 12 | 15 | 17 | 20 | 23 | 23 | 24 | 25 | 27 | 25 | 32 | 34 | 27 |
| Depreciation | 3 | 4 | 6 | 6 | 3 | 4 | 5 | 7 | 7 | 11 | 13 | 18 | 20 |
| Profit before tax | 4 | 8 | 10 | 13 | 21 | 29 | 16 | 20 | 41 | 38 | 45 | 86 | 91 |
| Tax % | 36% | 34% | 35% | 33% | 32% | 36% | 14% | 25% | 27% | 23% | 24% | 26% | |
| Net Profit | 3 | 5 | 6 | 9 | 15 | 18 | 14 | 15 | 30 | 29 | 34 | 64 | 67 |
| EPS in Rs | 0.82 | 1.31 | 0.63 | 0.85 | 1.41 | 1.70 | 1.28 | 1.34 | 2.43 | 2.26 | 2.26 | 3.13 | 3.31 |
| Dividend Payout % | 0% | 8% | 8% | 3% | 2% | 1% | 2% | 0% | 2% | 1% | 1% | 1% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 66.67% | 20.00% | 50.00% | 66.67% | 20.00% | -22.22% | 7.14% | 100.00% | -3.33% | 17.24% | 88.24% |
| Change in YoY Net Profit Growth (%) | 0.00% | -46.67% | 30.00% | 16.67% | -46.67% | -42.22% | 29.37% | 92.86% | -103.33% | 20.57% | 70.99% |
Hi-Tech Pipes Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 21% |
| 3 Years: | 19% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 29% |
| 5 Years: | 36% |
| 3 Years: | 29% |
| TTM: | 55% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 50% |
| 3 Years: | 16% |
| 1 Year: | -53% |
| Return on Equity | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 9% |
| 3 Years: | 8% |
| Last Year: | 7% |
Last Updated: September 5, 2025, 6:25 am
Balance Sheet
Last Updated: December 4, 2025, 1:23 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 4 | 10 | 10 | 10 | 11 | 11 | 11 | 12 | 13 | 15 | 20 | 20 |
| Reserves | 33 | 44 | 56 | 65 | 95 | 119 | 139 | 162 | 204 | 355 | 501 | 1,167 | 1,202 |
| Borrowings | 113 | 111 | 142 | 151 | 188 | 189 | 239 | 212 | 259 | 180 | 294 | 127 | 174 |
| Other Liabilities | 76 | 57 | 71 | 92 | 62 | 77 | 73 | 68 | 105 | 192 | 152 | 276 | 322 |
| Total Liabilities | 225 | 215 | 279 | 317 | 355 | 396 | 463 | 453 | 581 | 740 | 961 | 1,590 | 1,718 |
| Fixed Assets | 29 | 43 | 55 | 67 | 96 | 129 | 134 | 145 | 180 | 226 | 290 | 312 | 317 |
| CWIP | 7 | 8 | 7 | 3 | 12 | 2 | 21 | 29 | 28 | 34 | 57 | 152 | 199 |
| Investments | 0 | 0 | 0 | 3 | 3 | 3 | 3 | 3 | 3 | 5 | 5 | 6 | 8 |
| Other Assets | 189 | 164 | 218 | 245 | 245 | 261 | 304 | 275 | 370 | 475 | 609 | 1,120 | 1,194 |
| Total Assets | 225 | 215 | 279 | 317 | 355 | 396 | 463 | 453 | 581 | 740 | 961 | 1,590 | 1,718 |
Below is a detailed analysis of the balance sheet data for Hi-Tech Pipes Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 20.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 20.00 Cr..
- For Reserves, as of Sep 2025, the value is 1,202.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,167.00 Cr. (Mar 2025) to 1,202.00 Cr., marking an increase of 35.00 Cr..
- For Borrowings, as of Sep 2025, the value is 174.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 127.00 Cr. (Mar 2025) to 174.00 Cr., marking an increase of 47.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 322.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 276.00 Cr. (Mar 2025) to 322.00 Cr., marking an increase of 46.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 1,718.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,590.00 Cr. (Mar 2025) to 1,718.00 Cr., marking an increase of 128.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 317.00 Cr.. The value appears strong and on an upward trend. It has increased from 312.00 Cr. (Mar 2025) to 317.00 Cr., marking an increase of 5.00 Cr..
- For CWIP, as of Sep 2025, the value is 199.00 Cr.. The value appears strong and on an upward trend. It has increased from 152.00 Cr. (Mar 2025) to 199.00 Cr., marking an increase of 47.00 Cr..
- For Investments, as of Sep 2025, the value is 8.00 Cr.. The value appears strong and on an upward trend. It has increased from 6.00 Cr. (Mar 2025) to 8.00 Cr., marking an increase of 2.00 Cr..
- For Other Assets, as of Sep 2025, the value is 1,194.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,120.00 Cr. (Mar 2025) to 1,194.00 Cr., marking an increase of 74.00 Cr..
- For Total Assets, as of Sep 2025, the value is 1,718.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,590.00 Cr. (Mar 2025) to 1,718.00 Cr., marking an increase of 128.00 Cr..
Notably, the Reserves (1,202.00 Cr.) exceed the Borrowings (174.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -94.00 | -86.00 | -110.00 | -115.00 | -142.00 | -135.00 | -195.00 | -161.00 | -185.00 | -101.00 | -206.00 | 9.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 68 | 42 | 49 | 48 | 35 | 31 | 43 | 30 | 30 | 29 | 39 | 34 |
| Inventory Days | 79 | 62 | 85 | 81 | 61 | 43 | 58 | 54 | 48 | 54 | 48 | 49 |
| Days Payable | 54 | 36 | 31 | 37 | 17 | 21 | 23 | 19 | 21 | 33 | 22 | 37 |
| Cash Conversion Cycle | 94 | 68 | 102 | 92 | 78 | 53 | 78 | 65 | 58 | 49 | 66 | 45 |
| Working Capital Days | 10 | 11 | 23 | 13 | 12 | 8 | 14 | 17 | 17 | 27 | 32 | 40 |
| ROCE % | 12% | 14% | 15% | 15% | 17% | 17% | 11% | 12% | 16% | 14% | 11% | 11% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Bandhan Small Cap Fund | 8,526,085 | 0.47 | 86.04 | 7,494,193 | 2025-12-15 02:53:00 | 13.77% |
| Bandhan Large & Mid Cap Fund | 7,147,638 | 0.56 | 72.13 | N/A | N/A | N/A |
| HSBC Small Cap Fund | 4,082,217 | 0.25 | 41.19 | N/A | N/A | N/A |
| HSBC Infrastructure Fund | 860,000 | 0.38 | 8.68 | N/A | N/A | N/A |
| JM Aggressive Hybrid Fund | 491,645 | 0.61 | 4.96 | 600,000 | 2025-12-15 02:53:00 | -18.06% |
| Axis Small Cap Fund | 288,791 | 0.01 | 2.91 | N/A | N/A | N/A |
| HSBC Business Cycles Fund | 260,300 | 0.23 | 2.63 | N/A | N/A | N/A |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 1.00 | 1.00 | 1.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 3.98 | 3.25 | 3.06 | 33.77 | 20.85 |
| Diluted EPS (Rs.) | 3.98 | 2.69 | 2.18 | 33.70 | 18.96 |
| Cash EPS (Rs.) | 4.62 | 3.96 | 4.03 | 40.74 | 27.77 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 61.91 | 38.45 | 32.71 | 210.75 | 183.11 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 61.91 | 38.45 | 32.71 | 210.75 | 183.11 |
| Revenue From Operations / Share (Rs.) | 151.03 | 180.09 | 186.67 | 1531.12 | 1196.34 |
| PBDIT / Share (Rs.) | 7.97 | 7.74 | 8.25 | 82.68 | 63.89 |
| PBIT / Share (Rs.) | 6.94 | 6.71 | 7.17 | 74.80 | 56.47 |
| PBT / Share (Rs.) | 4.82 | 3.92 | 3.90 | 45.08 | 27.66 |
| Net Profit / Share (Rs.) | 3.59 | 2.93 | 2.95 | 32.86 | 20.35 |
| NP After MI And SOA / Share (Rs.) | 3.59 | 2.93 | 2.95 | 32.86 | 20.35 |
| PBDIT Margin (%) | 5.27 | 4.29 | 4.42 | 5.39 | 5.34 |
| PBIT Margin (%) | 4.59 | 3.72 | 3.84 | 4.88 | 4.71 |
| PBT Margin (%) | 3.19 | 2.17 | 2.09 | 2.94 | 2.31 |
| Net Profit Margin (%) | 2.37 | 1.62 | 1.57 | 2.14 | 1.70 |
| NP After MI And SOA Margin (%) | 2.37 | 1.62 | 1.57 | 2.14 | 1.70 |
| Return on Networth / Equity (%) | 5.80 | 7.62 | 9.01 | 15.59 | 11.11 |
| Return on Capital Employeed (%) | 10.69 | 14.10 | 17.05 | 21.55 | 18.70 |
| Return On Assets (%) | 4.15 | 3.72 | 4.11 | 5.24 | 3.80 |
| Long Term Debt / Equity (X) | 0.02 | 0.18 | 0.22 | 0.56 | 0.56 |
| Total Debt / Equity (X) | 0.15 | 0.63 | 0.56 | 1.41 | 1.44 |
| Asset Turnover Ratio (%) | 2.09 | 2.58 | 2.83 | 2.75 | 2.01 |
| Current Ratio (X) | 2.38 | 1.54 | 1.46 | 1.43 | 1.37 |
| Quick Ratio (X) | 1.51 | 0.79 | 0.64 | 0.67 | 0.64 |
| Inventory Turnover Ratio (X) | 8.39 | 6.90 | 7.38 | 7.75 | 5.81 |
| Dividend Payout Ratio (NP) (%) | 0.54 | 0.74 | 1.62 | 0.00 | 1.19 |
| Dividend Payout Ratio (CP) (%) | 0.42 | 0.54 | 1.19 | 0.00 | 0.87 |
| Earning Retention Ratio (%) | 99.46 | 99.26 | 98.38 | 0.00 | 98.81 |
| Cash Earning Retention Ratio (%) | 99.58 | 99.46 | 98.81 | 0.00 | 99.13 |
| Interest Coverage Ratio (X) | 3.76 | 2.77 | 2.99 | 2.78 | 2.22 |
| Interest Coverage Ratio (Post Tax) (X) | 2.70 | 2.05 | 2.25 | 2.11 | 1.71 |
| Enterprise Value (Cr.) | 2096.83 | 2432.21 | 1240.90 | 964.17 | 723.22 |
| EV / Net Operating Revenue (X) | 0.68 | 0.90 | 0.52 | 0.51 | 0.53 |
| EV / EBITDA (X) | 12.95 | 20.96 | 11.77 | 9.50 | 10.10 |
| MarketCap / Net Operating Revenue (X) | 0.68 | 0.77 | 0.43 | 0.32 | 0.33 |
| Retention Ratios (%) | 99.45 | 99.25 | 98.37 | 0.00 | 98.80 |
| Price / BV (X) | 1.66 | 3.63 | 2.46 | 2.38 | 2.17 |
| Price / Net Operating Revenue (X) | 0.68 | 0.77 | 0.43 | 0.32 | 0.33 |
| EarningsYield | 0.03 | 0.02 | 0.03 | 0.06 | 0.05 |
After reviewing the key financial ratios for Hi-Tech Pipes Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 3.98. This value is below the healthy minimum of 5. It has increased from 3.25 (Mar 24) to 3.98, marking an increase of 0.73.
- For Diluted EPS (Rs.), as of Mar 25, the value is 3.98. This value is below the healthy minimum of 5. It has increased from 2.69 (Mar 24) to 3.98, marking an increase of 1.29.
- For Cash EPS (Rs.), as of Mar 25, the value is 4.62. This value is within the healthy range. It has increased from 3.96 (Mar 24) to 4.62, marking an increase of 0.66.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 61.91. It has increased from 38.45 (Mar 24) to 61.91, marking an increase of 23.46.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 61.91. It has increased from 38.45 (Mar 24) to 61.91, marking an increase of 23.46.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 151.03. It has decreased from 180.09 (Mar 24) to 151.03, marking a decrease of 29.06.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 7.97. This value is within the healthy range. It has increased from 7.74 (Mar 24) to 7.97, marking an increase of 0.23.
- For PBIT / Share (Rs.), as of Mar 25, the value is 6.94. This value is within the healthy range. It has increased from 6.71 (Mar 24) to 6.94, marking an increase of 0.23.
- For PBT / Share (Rs.), as of Mar 25, the value is 4.82. This value is within the healthy range. It has increased from 3.92 (Mar 24) to 4.82, marking an increase of 0.90.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 3.59. This value is within the healthy range. It has increased from 2.93 (Mar 24) to 3.59, marking an increase of 0.66.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 3.59. This value is within the healthy range. It has increased from 2.93 (Mar 24) to 3.59, marking an increase of 0.66.
- For PBDIT Margin (%), as of Mar 25, the value is 5.27. This value is below the healthy minimum of 10. It has increased from 4.29 (Mar 24) to 5.27, marking an increase of 0.98.
- For PBIT Margin (%), as of Mar 25, the value is 4.59. This value is below the healthy minimum of 10. It has increased from 3.72 (Mar 24) to 4.59, marking an increase of 0.87.
- For PBT Margin (%), as of Mar 25, the value is 3.19. This value is below the healthy minimum of 10. It has increased from 2.17 (Mar 24) to 3.19, marking an increase of 1.02.
- For Net Profit Margin (%), as of Mar 25, the value is 2.37. This value is below the healthy minimum of 5. It has increased from 1.62 (Mar 24) to 2.37, marking an increase of 0.75.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 2.37. This value is below the healthy minimum of 8. It has increased from 1.62 (Mar 24) to 2.37, marking an increase of 0.75.
- For Return on Networth / Equity (%), as of Mar 25, the value is 5.80. This value is below the healthy minimum of 15. It has decreased from 7.62 (Mar 24) to 5.80, marking a decrease of 1.82.
- For Return on Capital Employeed (%), as of Mar 25, the value is 10.69. This value is within the healthy range. It has decreased from 14.10 (Mar 24) to 10.69, marking a decrease of 3.41.
- For Return On Assets (%), as of Mar 25, the value is 4.15. This value is below the healthy minimum of 5. It has increased from 3.72 (Mar 24) to 4.15, marking an increase of 0.43.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.02. This value is below the healthy minimum of 0.2. It has decreased from 0.18 (Mar 24) to 0.02, marking a decrease of 0.16.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.15. This value is within the healthy range. It has decreased from 0.63 (Mar 24) to 0.15, marking a decrease of 0.48.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 2.09. It has decreased from 2.58 (Mar 24) to 2.09, marking a decrease of 0.49.
- For Current Ratio (X), as of Mar 25, the value is 2.38. This value is within the healthy range. It has increased from 1.54 (Mar 24) to 2.38, marking an increase of 0.84.
- For Quick Ratio (X), as of Mar 25, the value is 1.51. This value is within the healthy range. It has increased from 0.79 (Mar 24) to 1.51, marking an increase of 0.72.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 8.39. This value exceeds the healthy maximum of 8. It has increased from 6.90 (Mar 24) to 8.39, marking an increase of 1.49.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 0.54. This value is below the healthy minimum of 20. It has decreased from 0.74 (Mar 24) to 0.54, marking a decrease of 0.20.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 0.42. This value is below the healthy minimum of 20. It has decreased from 0.54 (Mar 24) to 0.42, marking a decrease of 0.12.
- For Earning Retention Ratio (%), as of Mar 25, the value is 99.46. This value exceeds the healthy maximum of 70. It has increased from 99.26 (Mar 24) to 99.46, marking an increase of 0.20.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 99.58. This value exceeds the healthy maximum of 70. It has increased from 99.46 (Mar 24) to 99.58, marking an increase of 0.12.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 3.76. This value is within the healthy range. It has increased from 2.77 (Mar 24) to 3.76, marking an increase of 0.99.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 2.70. This value is below the healthy minimum of 3. It has increased from 2.05 (Mar 24) to 2.70, marking an increase of 0.65.
- For Enterprise Value (Cr.), as of Mar 25, the value is 2,096.83. It has decreased from 2,432.21 (Mar 24) to 2,096.83, marking a decrease of 335.38.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 0.68. This value is below the healthy minimum of 1. It has decreased from 0.90 (Mar 24) to 0.68, marking a decrease of 0.22.
- For EV / EBITDA (X), as of Mar 25, the value is 12.95. This value is within the healthy range. It has decreased from 20.96 (Mar 24) to 12.95, marking a decrease of 8.01.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 0.68. This value is below the healthy minimum of 1. It has decreased from 0.77 (Mar 24) to 0.68, marking a decrease of 0.09.
- For Retention Ratios (%), as of Mar 25, the value is 99.45. This value exceeds the healthy maximum of 70. It has increased from 99.25 (Mar 24) to 99.45, marking an increase of 0.20.
- For Price / BV (X), as of Mar 25, the value is 1.66. This value is within the healthy range. It has decreased from 3.63 (Mar 24) to 1.66, marking a decrease of 1.97.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 0.68. This value is below the healthy minimum of 1. It has decreased from 0.77 (Mar 24) to 0.68, marking a decrease of 0.09.
- For EarningsYield, as of Mar 25, the value is 0.03. This value is below the healthy minimum of 5. It has increased from 0.02 (Mar 24) to 0.03, marking an increase of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Hi-Tech Pipes Ltd:
- Net Profit Margin: 2.37%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 10.69% (Industry Average ROCE: 15.34%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 5.8% (Industry Average ROE: 11.65%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 2.7
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.51
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 27.5 (Industry average Stock P/E: 40.55)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.15
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 2.37%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Steel - Tubes/Pipes | No.505, Pearl Omaxe Tower, New Delhi Delhi 110034 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Ajay Kumar Bansal | Chairman & Managing Director |
| Mr. Anish Bansal | Whole Time Director |
| Mr. Kamleshwar Prasad | Whole Time Director |
| Mr. Vivek Goyal | Ind. Non-Executive Director |
| Mr. Prashant Kumar Saxena | Ind. Non-Executive Director |
| Mr. Mukesh Kumar Garg | Ind. Non-Executive Director |
| Mrs. Neerja Kumar | Ind. Non-Executive Director |
FAQ
What is the intrinsic value of Hi-Tech Pipes Ltd?
Hi-Tech Pipes Ltd's intrinsic value (as of 07 January 2026) is ₹98.96 which is 8.51% higher the current market price of ₹91.20, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹1,851 Cr. market cap, FY2025-2026 high/low of ₹155/81.6, reserves of ₹1,202 Cr, and liabilities of ₹1,718 Cr.
What is the Market Cap of Hi-Tech Pipes Ltd?
The Market Cap of Hi-Tech Pipes Ltd is 1,851 Cr..
What is the current Stock Price of Hi-Tech Pipes Ltd as on 07 January 2026?
The current stock price of Hi-Tech Pipes Ltd as on 07 January 2026 is ₹91.2.
What is the High / Low of Hi-Tech Pipes Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Hi-Tech Pipes Ltd stocks is ₹155/81.6.
What is the Stock P/E of Hi-Tech Pipes Ltd?
The Stock P/E of Hi-Tech Pipes Ltd is 27.5.
What is the Book Value of Hi-Tech Pipes Ltd?
The Book Value of Hi-Tech Pipes Ltd is 60.2.
What is the Dividend Yield of Hi-Tech Pipes Ltd?
The Dividend Yield of Hi-Tech Pipes Ltd is 0.03 %.
What is the ROCE of Hi-Tech Pipes Ltd?
The ROCE of Hi-Tech Pipes Ltd is 11.3 %.
What is the ROE of Hi-Tech Pipes Ltd?
The ROE of Hi-Tech Pipes Ltd is 7.47 %.
What is the Face Value of Hi-Tech Pipes Ltd?
The Face Value of Hi-Tech Pipes Ltd is 1.00.