Share Price and Basic Stock Data
Last Updated: November 28, 2025, 8:20 am
| PEG Ratio | 4.74 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Hi-Tech Pipes Ltd operates within the steel tubes and pipes industry, focusing on manufacturing and selling a variety of steel products. For the fiscal year ending March 2025, the company reported sales of ₹2,550 Cr, a substantial increase from ₹1,861 Cr in FY 2023. The revenue growth trajectory is evident in the quarterly sales figures, which rose from ₹407 Cr in June 2022 to ₹603 Cr in September 2023. This upward trend is expected to continue, as the company has consistently achieved quarterly sales above ₹500 Cr since March 2023, peaking at ₹723 Cr in June 2024. Such performance suggests a robust demand for its products, driven likely by infrastructure development and construction activities across India. The operating profit margin (OPM) has also shown resilience, hovering around 5% for the fiscal year 2025, which aligns with the overall sector performance. This growth indicates Hi-Tech Pipes’ strategic positioning to capitalize on market opportunities and its ability to navigate fluctuations in raw material costs.
Profitability and Efficiency Metrics
Hi-Tech Pipes Ltd has demonstrated commendable profitability metrics, with a net profit of ₹64 Cr reported for FY 2025, up from ₹29 Cr in FY 2023. This growth in profitability is complemented by an increase in the earnings per share (EPS), which stood at ₹3.13 for FY 2025, compared to ₹2.26 in FY 2023. The company exhibits a return on equity (ROE) of 7.47%, while return on capital employed (ROCE) is recorded at 11.3%, indicating efficient utilization of equity and capital resources. The interest coverage ratio (ICR) of 3.76x further underscores the company’s ability to meet its interest obligations comfortably. However, the operating profit margin (OPM) is relatively low at 5%, which may pose challenges in terms of competitive pricing and cost management. The cash conversion cycle (CCC) of 45 days is relatively efficient, suggesting effective inventory and receivables management, although it is essential to monitor ongoing operational efficiency to sustain profitability levels.
Balance Sheet Strength and Financial Ratios
As of March 2025, Hi-Tech Pipes Ltd maintained a solid balance sheet, with total assets amounting to ₹1,590 Cr and total liabilities of ₹1,590 Cr, indicating a balanced financial structure. The company reported reserves of ₹1,167 Cr, significantly bolstering its equity capital of ₹20 Cr. The debt levels are moderate, with borrowings recorded at ₹127 Cr, resulting in a total debt-to-equity ratio of 0.15x, significantly lower than the industry average, suggesting prudent financial management. The company’s current ratio stands at 2.38, reflecting a strong liquidity position, while the quick ratio of 1.51 indicates sound short-term financial health. Additionally, the price-to-book value (P/BV) ratio is at 1.66x, suggesting that the stock is trading at a fair value compared to its net worth. These financial ratios position Hi-Tech Pipes favorably within the sector, indicating a capacity to leverage growth opportunities while maintaining financial stability.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Hi-Tech Pipes Ltd reflects a diverse investor base, with promoters holding 43.63% as of March 2025, a decline from 59.32% in December 2022. This reduction may indicate a gradual dilution of promoter stake, possibly to raise funds for expansion. Foreign institutional investors (FIIs) hold 2.39%, while domestic institutional investors (DIIs) account for 14.51%. The public shareholding has increased significantly, standing at 39.28% with a total of 1,04,410 shareholders. This diversification in ownership suggests growing investor confidence, particularly among retail investors, as evidenced by the increase in the number of shareholders from 5,705 in December 2022 to 1,04,410 in March 2025. The consistent interest from DIIs, particularly with their stake rising to 16.40% in March 2025, underscores a positive outlook on the company’s future prospects and financial performance.
Outlook, Risks, and Final Insight
Looking ahead, Hi-Tech Pipes Ltd is well-positioned to capitalize on the growing demand in the steel pipes and tubes market, bolstered by ongoing infrastructure projects in India. The company’s robust revenue growth, coupled with healthy profitability metrics, indicates a strong operational foundation. However, risks such as fluctuations in raw material prices and potential supply chain disruptions could impact margins. Additionally, the decline in promoter shareholding might raise concerns among some investors regarding long-term strategic direction. To maintain momentum, Hi-Tech Pipes must focus on enhancing operational efficiencies and managing costs effectively. Overall, the company’s financial health, combined with a diverse shareholder base, suggests a resilient outlook, contingent on navigating market challenges and capitalizing on growth opportunities in the evolving steel sector.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Hi-Tech Pipes Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Mukat Pipes Ltd | 16.4 Cr. | 13.9 | 22.0/11.8 | 6.21 | 0.00 % | % | % | 5.00 | |
| Hariom Pipe Industries Ltd | 1,061 Cr. | 343 | 592/301 | 17.0 | 195 | 0.18 % | 14.1 % | 11.9 % | 10.0 |
| Earthstahl & Alloys Ltd | 24.8 Cr. | 20.2 | 45.0/16.8 | 28.0 | 0.00 % | 3.58 % | 1.43 % | 10.0 | |
| Crimson Metal Engineering Company Ltd | 16.4 Cr. | 37.0 | 37.0/10.8 | 136 | 12.8 | 0.00 % | 8.11 % | 2.35 % | 10.0 |
| Welspun Corp Ltd | 22,732 Cr. | 862 | 995/664 | 12.8 | 311 | 0.58 % | 21.2 % | 18.6 % | 5.00 |
| Industry Average | 9,757.00 Cr | 525.89 | 38.12 | 163.05 | 0.43% | 15.34% | 11.65% | 4.69 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 407 | 457 | 444 | 553 | 520 | 603 | 518 | 565 | 723 | 621 | 634 | 572 | 631 |
| Expenses | 394 | 438 | 424 | 525 | 504 | 582 | 493 | 539 | 688 | 586 | 599 | 541 | 597 |
| Operating Profit | 13 | 18 | 19 | 28 | 16 | 21 | 25 | 26 | 35 | 35 | 35 | 30 | 35 |
| OPM % | 3% | 4% | 4% | 5% | 3% | 4% | 5% | 5% | 5% | 6% | 5% | 5% | 5% |
| Other Income | 1 | -6 | 0 | 0 | 0 | 1 | 0 | -0 | 1 | 1 | 0 | 0 | 1 |
| Interest | 7 | 6 | 6 | 6 | 5 | 7 | 6 | 13 | 11 | 11 | 7 | 5 | 6 |
| Depreciation | 2 | 2 | 3 | 5 | 2 | 2 | 3 | 5 | 4 | 4 | 5 | 4 | 5 |
| Profit before tax | 5 | 4 | 11 | 17 | 9 | 12 | 16 | 8 | 20 | 21 | 23 | 22 | 24 |
| Tax % | 26% | 25% | 25% | 21% | 25% | 25% | 24% | 22% | 25% | 26% | 27% | 26% | 25% |
| Net Profit | 4 | 3 | 8 | 14 | 7 | 9 | 12 | 6 | 15 | 15 | 17 | 16 | 18 |
| EPS in Rs | 0.29 | 0.27 | 0.68 | 1.07 | 0.50 | 0.70 | 0.88 | 0.41 | 0.97 | 0.87 | 0.82 | 0.80 | 0.88 |
Last Updated: August 20, 2025, 9:35 am
Below is a detailed analysis of the quarterly data for Hi-Tech Pipes Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 631.00 Cr.. The value appears strong and on an upward trend. It has increased from 572.00 Cr. (Mar 2025) to 631.00 Cr., marking an increase of 59.00 Cr..
- For Expenses, as of Jun 2025, the value is 597.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 541.00 Cr. (Mar 2025) to 597.00 Cr., marking an increase of 56.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 35.00 Cr.. The value appears strong and on an upward trend. It has increased from 30.00 Cr. (Mar 2025) to 35.00 Cr., marking an increase of 5.00 Cr..
- For OPM %, as of Jun 2025, the value is 5.00%. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 5.00%.
- For Other Income, as of Jun 2025, the value is 1.00 Cr.. The value appears strong and on an upward trend. It has increased from 0.00 Cr. (Mar 2025) to 1.00 Cr., marking an increase of 1.00 Cr..
- For Interest, as of Jun 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. (Mar 2025) to 6.00 Cr., marking an increase of 1.00 Cr..
- For Depreciation, as of Jun 2025, the value is 5.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4.00 Cr. (Mar 2025) to 5.00 Cr., marking an increase of 1.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 24.00 Cr.. The value appears strong and on an upward trend. It has increased from 22.00 Cr. (Mar 2025) to 24.00 Cr., marking an increase of 2.00 Cr..
- For Tax %, as of Jun 2025, the value is 25.00%. The value appears to be improving (decreasing) as expected. It has decreased from 26.00% (Mar 2025) to 25.00%, marking a decrease of 1.00%.
- For Net Profit, as of Jun 2025, the value is 18.00 Cr.. The value appears strong and on an upward trend. It has increased from 16.00 Cr. (Mar 2025) to 18.00 Cr., marking an increase of 2.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 0.88. The value appears strong and on an upward trend. It has increased from 0.80 (Mar 2025) to 0.88, marking an increase of 0.08.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: November 15, 2025, 5:13 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: October 10, 2025, 2:12 pm
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 4 | 10 | 10 | 10 | 11 | 11 | 11 | 12 | 13 | 15 | 20 |
| Reserves | 33 | 44 | 56 | 65 | 95 | 119 | 139 | 162 | 204 | 355 | 501 | 1,167 |
| Borrowings | 113 | 111 | 142 | 151 | 188 | 189 | 239 | 212 | 259 | 180 | 294 | 127 |
| Other Liabilities | 76 | 57 | 71 | 92 | 62 | 77 | 73 | 68 | 105 | 192 | 152 | 276 |
| Total Liabilities | 225 | 215 | 279 | 317 | 355 | 396 | 463 | 453 | 581 | 740 | 961 | 1,590 |
| Fixed Assets | 29 | 43 | 55 | 67 | 96 | 129 | 134 | 145 | 180 | 226 | 290 | 312 |
| CWIP | 7 | 8 | 7 | 3 | 12 | 2 | 21 | 29 | 28 | 34 | 57 | 152 |
| Investments | 0 | 0 | 0 | 3 | 3 | 3 | 3 | 3 | 3 | 5 | 5 | 6 |
| Other Assets | 189 | 164 | 218 | 245 | 245 | 261 | 304 | 275 | 370 | 475 | 609 | 1,120 |
| Total Assets | 225 | 215 | 279 | 317 | 355 | 396 | 463 | 453 | 581 | 740 | 961 | 1,590 |
Below is a detailed analysis of the balance sheet data for Hi-Tech Pipes Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 20.00 Cr.. The value appears strong and on an upward trend. It has increased from 15.00 Cr. (Mar 2024) to 20.00 Cr., marking an increase of 5.00 Cr..
- For Reserves, as of Mar 2025, the value is 1,167.00 Cr.. The value appears strong and on an upward trend. It has increased from 501.00 Cr. (Mar 2024) to 1,167.00 Cr., marking an increase of 666.00 Cr..
- For Borrowings, as of Mar 2025, the value is 127.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 294.00 Cr. (Mar 2024) to 127.00 Cr., marking a decrease of 167.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 276.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 152.00 Cr. (Mar 2024) to 276.00 Cr., marking an increase of 124.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 1,590.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 961.00 Cr. (Mar 2024) to 1,590.00 Cr., marking an increase of 629.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 312.00 Cr.. The value appears strong and on an upward trend. It has increased from 290.00 Cr. (Mar 2024) to 312.00 Cr., marking an increase of 22.00 Cr..
- For CWIP, as of Mar 2025, the value is 152.00 Cr.. The value appears strong and on an upward trend. It has increased from 57.00 Cr. (Mar 2024) to 152.00 Cr., marking an increase of 95.00 Cr..
- For Investments, as of Mar 2025, the value is 6.00 Cr.. The value appears strong and on an upward trend. It has increased from 5.00 Cr. (Mar 2024) to 6.00 Cr., marking an increase of 1.00 Cr..
- For Other Assets, as of Mar 2025, the value is 1,120.00 Cr.. The value appears strong and on an upward trend. It has increased from 609.00 Cr. (Mar 2024) to 1,120.00 Cr., marking an increase of 511.00 Cr..
- For Total Assets, as of Mar 2025, the value is 1,590.00 Cr.. The value appears strong and on an upward trend. It has increased from 961.00 Cr. (Mar 2024) to 1,590.00 Cr., marking an increase of 629.00 Cr..
Notably, the Reserves (1,167.00 Cr.) exceed the Borrowings (127.00 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 |
|---|---|---|---|---|---|---|
| HSBC Small Cap Fund - Regular Plan | 2,700,000 | 0.28 | 39.34 | 2,700,000 | 2025-04-22 17:25:32 | 0% |
| Bandhan Core Equity Fund | 2,600,000 | 1.02 | 37.88 | 2,600,000 | 2025-04-22 17:25:32 | 0% |
| Bandhan Infrastructure Fund | 400,000 | 0.6 | 5.83 | 400,000 | 2025-04-22 17:25:32 | 0% |
| Bandhan Midcap Fund | 300,000 | 0.42 | 4.37 | 300,000 | 2025-04-22 17:25:32 | 0% |
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 |
|---|---|
|
|
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: 30.2 (Industry average Stock P/E: 38.12)
- 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 | info@hitechpipes.in http://www.hitechpipes.in |
| 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 28 November 2025) is 108.68 which is 8.79% higher the current market price of 99.90, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 2,029 Cr. market cap, FY2025-2026 high/low of 178/81.6, reserves of ₹1,167 Cr, and liabilities of 1,590 Cr.
What is the Market Cap of Hi-Tech Pipes Ltd?
The Market Cap of Hi-Tech Pipes Ltd is 2,029 Cr..
What is the current Stock Price of Hi-Tech Pipes Ltd as on 28 November 2025?
The current stock price of Hi-Tech Pipes Ltd as on 28 November 2025 is 99.9.
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 178/81.6.
What is the Stock P/E of Hi-Tech Pipes Ltd?
The Stock P/E of Hi-Tech Pipes Ltd is 30.2.
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.
