Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 12 March, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 543411 | NSE: HITECH

Hi-Tech Pipes Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 8, 2025, 1:49 pm

Market Cap 2,313 Cr.
Current Price 114
High / Low 211/97.1
Stock P/E43.3
Book Value 33.6
Dividend Yield0.02 %
ROCE11.3 %
ROE7.68 %
Face Value 1.00
PEG Ratio2.40

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Hi-Tech Pipes Ltd

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 19.0 Cr. 16.0 26.0/11.4146 5.760.00 %%% 5.00
Hariom Pipe Industries Ltd 1,094 Cr. 352 889/32417.9 1780.17 %14.6 %13.5 % 10.0
Earthstahl & Alloys Ltd 37.5 Cr. 30.6 55.5/0.0024.8 30.70.00 %8.22 %5.21 % 10.0
Crimson Metal Engineering Company Ltd 4.57 Cr. 10.3 10.3/9.38 12.50.00 %7.27 %21.7 % 10.0
Welspun Corp Ltd 20,863 Cr. 795 835/44014.1 2300.63 %20.2 %19.8 % 5.00
Industry Average8,625.54 Cr478.8941.18139.120.42%16.71%14.57%4.69

All Competitor Stocks of Hi-Tech Pipes Ltd

Quarterly Result

MetricDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Sales 350484407457444553520603518565723621634
Expenses 332460394438424525504582493539688586599
Operating Profit 17241318192816212526353535
OPM % 5%5%3%4%4%5%3%4%5%5%5%6%5%
Other Income 011-600010-0110
Interest 61076665761311117
Depreciation 2222352235445
Profit before tax 913541117912168202123
Tax % 27%29%26%25%25%21%25%25%24%22%25%26%27%
Net Profit 794381479126151517
EPS in Rs 0.540.740.290.270.681.070.500.700.880.410.970.870.82

Last Updated: February 28, 2025, 7:28 pm

Below is a detailed analysis of the quarterly data for Hi-Tech Pipes Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

  • For Sales, as of Dec 2024, the value is ₹634.00 Cr.. The value appears strong and on an upward trend. It has increased from 621.00 Cr. (Sep 2024) to ₹634.00 Cr., marking an increase of ₹13.00 Cr..
  • For Expenses, as of Dec 2024, the value is ₹599.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 586.00 Cr. (Sep 2024) to ₹599.00 Cr., marking an increase of ₹13.00 Cr..
  • For Operating Profit, as of Dec 2024, the value is ₹35.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 35.00 Cr..
  • For OPM %, as of Dec 2024, the value is 5.00%. The value appears to be declining and may need further review. It has decreased from 6.00% (Sep 2024) to 5.00%, marking a decrease of 1.00%.
  • For Other Income, as of Dec 2024, the value is ₹0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1.00 Cr. (Sep 2024) to ₹0.00 Cr., marking a decrease of 1.00 Cr..
  • For Interest, as of Dec 2024, the value is ₹7.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 11.00 Cr. (Sep 2024) to ₹7.00 Cr., marking a decrease of 4.00 Cr..
  • For Depreciation, as of Dec 2024, the value is ₹5.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4.00 Cr. (Sep 2024) to ₹5.00 Cr., marking an increase of ₹1.00 Cr..
  • For Profit before tax, as of Dec 2024, the value is ₹23.00 Cr.. The value appears strong and on an upward trend. It has increased from 21.00 Cr. (Sep 2024) to ₹23.00 Cr., marking an increase of ₹2.00 Cr..
  • For Tax %, as of Dec 2024, the value is 27.00%. The value appears to be increasing, which may not be favorable. It has increased from 26.00% (Sep 2024) to 27.00%, marking an increase of 1.00%.
  • For Net Profit, as of Dec 2024, the value is ₹17.00 Cr.. The value appears strong and on an upward trend. It has increased from 15.00 Cr. (Sep 2024) to ₹17.00 Cr., marking an increase of ₹2.00 Cr..
  • For EPS in Rs, as of Dec 2024, the value is 0.82. The value appears to be declining and may need further review. It has decreased from ₹0.87 (Sep 2024) to 0.82, marking a decrease of ₹0.05.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 4:02 pm

MetricMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales 3703834585045918221,1189671,0261,5121,8612,2072,544
Expenses 3523644334725557761,0639239751,4381,7822,1192,413
Operating Profit 171925323646544451747988132
OPM % 5%5%6%6%6%6%5%5%5%5%4%4%5%
Other Income 0111321111-511
Interest 12121517202323242527253242
Depreciation 3346634577111319
Profit before tax 34810132129162041384572
Tax % 34%36%34%35%33%32%36%14%25%27%23%24%
Net Profit 235691518141530293453
EPS in Rs 4.400.821.310.630.851.411.701.281.342.432.262.263.07
Dividend Payout % 0%0%8%8%3%2%1%2%0%2%1%1%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)50.00%66.67%20.00%50.00%66.67%20.00%-22.22%7.14%100.00%-3.33%17.24%
Change in YoY Net Profit Growth (%)0.00%16.67%-46.67%30.00%16.67%-46.67%-42.22%29.37%92.86%-103.33%20.57%

Hi-Tech Pipes Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:19%
5 Years:15%
3 Years:29%
TTM:16%
Compounded Profit Growth
10 Years:30%
5 Years:13%
3 Years:31%
TTM:29%
Stock Price CAGR
10 Years:%
5 Years:60%
3 Years:24%
1 Year:-19%
Return on Equity
10 Years:11%
5 Years:10%
3 Years:11%
Last Year:8%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 3:29 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital 0.473410101011111112131518
Reserves 303344566595119139162204355501665
Borrowings 95113111142151188189239212259180294259
Other Liabilities 647657719262777368105192152269
Total Liabilities 1892252152793173553964634535817409611,210
Fixed Assets 272943556796129134145180226290283
CWIP 57873122212928345776
Investments 0000333333556
Other Assets 157189164218245245261304275370475609845
Total Assets 1892252152793173553964634535817409611,210

Below is a detailed analysis of the balance sheet data for Hi-Tech Pipes Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2024, the value is ₹18.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹15.00 Cr. (Mar 2024) to ₹18.00 Cr., marking an increase of 3.00 Cr..
  • For Reserves, as of Sep 2024, the value is ₹665.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹501.00 Cr. (Mar 2024) to ₹665.00 Cr., marking an increase of 164.00 Cr..
  • For Borrowings, as of Sep 2024, the value is ₹259.00 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 ₹259.00 Cr., marking a decrease of 35.00 Cr..
  • For Other Liabilities, as of Sep 2024, the value is ₹269.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹152.00 Cr. (Mar 2024) to ₹269.00 Cr., marking an increase of 117.00 Cr..
  • For Total Liabilities, as of Sep 2024, the value is ₹1,210.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹961.00 Cr. (Mar 2024) to ₹1,210.00 Cr., marking an increase of 249.00 Cr..
  • For Fixed Assets, as of Sep 2024, the value is ₹283.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹290.00 Cr. (Mar 2024) to ₹283.00 Cr., marking a decrease of 7.00 Cr..
  • For CWIP, as of Sep 2024, the value is ₹76.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹57.00 Cr. (Mar 2024) to ₹76.00 Cr., marking an increase of 19.00 Cr..
  • For Investments, as of Sep 2024, 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 Sep 2024, the value is ₹845.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹609.00 Cr. (Mar 2024) to ₹845.00 Cr., marking an increase of 236.00 Cr..
  • For Total Assets, as of Sep 2024, the value is ₹1,210.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹961.00 Cr. (Mar 2024) to ₹1,210.00 Cr., marking an increase of 249.00 Cr..

Notably, the Reserves (₹665.00 Cr.) exceed the Borrowings (259.00 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.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +2-226139552376756-71
Cash from Investing Activity +-6-8-19-19-28-34-31-31-27-41-79-107
Cash from Financing Activity +411-723-1229-2028-493524178
Net Cash Flow0115-2-00-0-0010

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-78.00-94.00-86.00-110.00-115.00-142.00-135.00-195.00-161.00-185.00-101.00-206.00

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.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days576842494835314330302939
Inventory Days697962858161435854485448
Days Payable515436313717212319213322
Cash Conversion Cycle7694681029278537865584966
Working Capital Days869980988074537762554563
ROCE %13%12%14%15%15%17%17%12%12%16%15%13%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Jul 2024
Promoters59.19%59.31%59.32%59.32%59.32%56.87%55.58%55.27%55.63%53.19%53.95%50.77%
FIIs0.01%0.01%0.01%0.01%0.57%1.06%0.81%0.34%0.08%0.38%1.82%8.72%
DIIs0.00%0.00%0.16%0.16%0.00%5.08%4.97%4.82%7.45%11.44%11.35%10.21%
Public40.81%40.69%40.51%40.51%40.12%36.97%38.65%39.57%36.84%34.97%32.88%30.30%
No. of Shareholders5,8635,6645,6515,6525,7059,07619,01029,57539,28345,88852,23752,237

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
HSBC Small Cap Fund - Regular Plan2,700,0000.2839.342,700,0002025-03-100%
Bandhan Core Equity Fund2,600,0001.0237.882,700,0002025-03-10-3.7%
Bandhan Infrastructure Fund400,0000.65.832,700,0002025-03-10-85.19%
Bandhan Midcap Fund300,0000.424.372,700,0002025-03-10-88.89%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue 1.001.0010.0010.0010.00
Basic EPS (Rs.) 3.253.0633.7720.8518.85
Diluted EPS (Rs.) 2.692.1833.7018.9618.85
Cash EPS (Rs.) 3.964.0340.7427.7724.67
Book Value[Excl.RevalReserv]/Share (Rs.) 38.4532.71210.75183.11158.89
Book Value[Incl.RevalReserv]/Share (Rs.) 38.4532.71210.75183.11158.89
Revenue From Operations / Share (Rs.) 180.09186.671531.121196.341107.09
PBDIT / Share (Rs.) 7.748.2582.6863.8955.35
PBIT / Share (Rs.) 6.717.1774.8056.4749.33
PBT / Share (Rs.) 3.923.9045.0827.6621.84
Net Profit / Share (Rs.) 2.932.9532.8620.3518.66
NP After MI And SOA / Share (Rs.) 2.932.9532.8620.3518.66
PBDIT Margin (%) 4.294.425.395.344.99
PBIT Margin (%) 3.723.844.884.714.45
PBT Margin (%) 2.172.092.942.311.97
Net Profit Margin (%) 1.621.572.141.701.68
NP After MI And SOA Margin (%) 1.621.572.141.701.68
Return on Networth / Equity (%) 7.629.0115.5911.1111.74
Return on Capital Employeed (%) 14.1017.0521.5518.7019.51
Return On Assets (%) 3.724.115.243.803.59
Long Term Debt / Equity (X) 0.180.220.560.560.51
Total Debt / Equity (X) 0.630.561.411.441.70
Asset Turnover Ratio (%) 2.582.832.752.012.00
Current Ratio (X) 1.541.461.431.371.23
Quick Ratio (X) 0.790.640.670.640.61
Inventory Turnover Ratio (X) 6.907.387.755.816.05
Dividend Payout Ratio (NP) (%) 0.741.620.001.190.00
Dividend Payout Ratio (CP) (%) 0.541.190.000.870.00
Earning Retention Ratio (%) 99.2698.380.0098.810.00
Cash Earning Retention Ratio (%) 99.4698.810.0099.130.00
Interest Coverage Ratio (X) 2.772.992.782.222.01
Interest Coverage Ratio (Post Tax) (X) 2.052.252.111.711.68
Enterprise Value (Cr.) 2432.211240.90964.17723.22355.43
EV / Net Operating Revenue (X) 0.900.520.510.530.29
EV / EBITDA (X) 20.9611.779.5010.105.88
MarketCap / Net Operating Revenue (X) 0.770.430.320.330.06
Retention Ratios (%) 99.2598.370.0098.800.00
Price / BV (X) 3.632.462.382.170.45
Price / Net Operating Revenue (X) 0.770.430.320.330.06
EarningsYield 0.020.030.060.050.25

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 24, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 1.00.
  • For Basic EPS (Rs.), as of Mar 24, the value is 3.25. This value is below the healthy minimum of 5. It has increased from 3.06 (Mar 23) to 3.25, marking an increase of 0.19.
  • For Diluted EPS (Rs.), as of Mar 24, the value is 2.69. This value is below the healthy minimum of 5. It has increased from 2.18 (Mar 23) to 2.69, marking an increase of 0.51.
  • For Cash EPS (Rs.), as of Mar 24, the value is 3.96. This value is within the healthy range. It has decreased from 4.03 (Mar 23) to 3.96, marking a decrease of 0.07.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 38.45. It has increased from 32.71 (Mar 23) to 38.45, marking an increase of 5.74.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 38.45. It has increased from 32.71 (Mar 23) to 38.45, marking an increase of 5.74.
  • For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 180.09. It has decreased from 186.67 (Mar 23) to 180.09, marking a decrease of 6.58.
  • For PBDIT / Share (Rs.), as of Mar 24, the value is 7.74. This value is within the healthy range. It has decreased from 8.25 (Mar 23) to 7.74, marking a decrease of 0.51.
  • For PBIT / Share (Rs.), as of Mar 24, the value is 6.71. This value is within the healthy range. It has decreased from 7.17 (Mar 23) to 6.71, marking a decrease of 0.46.
  • For PBT / Share (Rs.), as of Mar 24, the value is 3.92. This value is within the healthy range. It has increased from 3.90 (Mar 23) to 3.92, marking an increase of 0.02.
  • For Net Profit / Share (Rs.), as of Mar 24, the value is 2.93. This value is within the healthy range. It has decreased from 2.95 (Mar 23) to 2.93, marking a decrease of 0.02.
  • For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 2.93. This value is within the healthy range. It has decreased from 2.95 (Mar 23) to 2.93, marking a decrease of 0.02.
  • For PBDIT Margin (%), as of Mar 24, the value is 4.29. This value is below the healthy minimum of 10. It has decreased from 4.42 (Mar 23) to 4.29, marking a decrease of 0.13.
  • For PBIT Margin (%), as of Mar 24, the value is 3.72. This value is below the healthy minimum of 10. It has decreased from 3.84 (Mar 23) to 3.72, marking a decrease of 0.12.
  • For PBT Margin (%), as of Mar 24, the value is 2.17. This value is below the healthy minimum of 10. It has increased from 2.09 (Mar 23) to 2.17, marking an increase of 0.08.
  • For Net Profit Margin (%), as of Mar 24, the value is 1.62. This value is below the healthy minimum of 5. It has increased from 1.57 (Mar 23) to 1.62, marking an increase of 0.05.
  • For NP After MI And SOA Margin (%), as of Mar 24, the value is 1.62. This value is below the healthy minimum of 8. It has increased from 1.57 (Mar 23) to 1.62, marking an increase of 0.05.
  • For Return on Networth / Equity (%), as of Mar 24, the value is 7.62. This value is below the healthy minimum of 15. It has decreased from 9.01 (Mar 23) to 7.62, marking a decrease of 1.39.
  • For Return on Capital Employeed (%), as of Mar 24, the value is 14.10. This value is within the healthy range. It has decreased from 17.05 (Mar 23) to 14.10, marking a decrease of 2.95.
  • For Return On Assets (%), as of Mar 24, the value is 3.72. This value is below the healthy minimum of 5. It has decreased from 4.11 (Mar 23) to 3.72, marking a decrease of 0.39.
  • For Long Term Debt / Equity (X), as of Mar 24, the value is 0.18. This value is below the healthy minimum of 0.2. It has decreased from 0.22 (Mar 23) to 0.18, marking a decrease of 0.04.
  • For Total Debt / Equity (X), as of Mar 24, the value is 0.63. This value is within the healthy range. It has increased from 0.56 (Mar 23) to 0.63, marking an increase of 0.07.
  • For Asset Turnover Ratio (%), as of Mar 24, the value is 2.58. It has decreased from 2.83 (Mar 23) to 2.58, marking a decrease of 0.25.
  • For Current Ratio (X), as of Mar 24, the value is 1.54. This value is within the healthy range. It has increased from 1.46 (Mar 23) to 1.54, marking an increase of 0.08.
  • For Quick Ratio (X), as of Mar 24, the value is 0.79. This value is below the healthy minimum of 1. It has increased from 0.64 (Mar 23) to 0.79, marking an increase of 0.15.
  • For Inventory Turnover Ratio (X), as of Mar 24, the value is 6.90. This value is within the healthy range. It has decreased from 7.38 (Mar 23) to 6.90, marking a decrease of 0.48.
  • For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 0.74. This value is below the healthy minimum of 20. It has decreased from 1.62 (Mar 23) to 0.74, marking a decrease of 0.88.
  • For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 0.54. This value is below the healthy minimum of 20. It has decreased from 1.19 (Mar 23) to 0.54, marking a decrease of 0.65.
  • For Earning Retention Ratio (%), as of Mar 24, the value is 99.26. This value exceeds the healthy maximum of 70. It has increased from 98.38 (Mar 23) to 99.26, marking an increase of 0.88.
  • For Cash Earning Retention Ratio (%), as of Mar 24, the value is 99.46. This value exceeds the healthy maximum of 70. It has increased from 98.81 (Mar 23) to 99.46, marking an increase of 0.65.
  • For Interest Coverage Ratio (X), as of Mar 24, the value is 2.77. This value is below the healthy minimum of 3. It has decreased from 2.99 (Mar 23) to 2.77, marking a decrease of 0.22.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 2.05. This value is below the healthy minimum of 3. It has decreased from 2.25 (Mar 23) to 2.05, marking a decrease of 0.20.
  • For Enterprise Value (Cr.), as of Mar 24, the value is 2,432.21. It has increased from 1,240.90 (Mar 23) to 2,432.21, marking an increase of 1,191.31.
  • For EV / Net Operating Revenue (X), as of Mar 24, the value is 0.90. This value is below the healthy minimum of 1. It has increased from 0.52 (Mar 23) to 0.90, marking an increase of 0.38.
  • For EV / EBITDA (X), as of Mar 24, the value is 20.96. This value exceeds the healthy maximum of 15. It has increased from 11.77 (Mar 23) to 20.96, marking an increase of 9.19.
  • For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.77. This value is below the healthy minimum of 1. It has increased from 0.43 (Mar 23) to 0.77, marking an increase of 0.34.
  • For Retention Ratios (%), as of Mar 24, the value is 99.25. This value exceeds the healthy maximum of 70. It has increased from 98.37 (Mar 23) to 99.25, marking an increase of 0.88.
  • For Price / BV (X), as of Mar 24, the value is 3.63. This value exceeds the healthy maximum of 3. It has increased from 2.46 (Mar 23) to 3.63, marking an increase of 1.17.
  • For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.77. This value is below the healthy minimum of 1. It has increased from 0.43 (Mar 23) to 0.77, marking an increase of 0.34.
  • For EarningsYield, as of Mar 24, the value is 0.02. This value is below the healthy minimum of 5. It has decreased from 0.03 (Mar 23) to 0.02, marking a decrease of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Hi-Tech Pipes Ltd as of March 12, 2025 is: ₹89.41

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 12, 2025, Hi-Tech Pipes Ltd is Overvalued by 21.57% compared to the current share price 114.00

Intrinsic Value of Hi-Tech Pipes Ltd as of March 12, 2025 is: 105.53

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 12, 2025, Hi-Tech Pipes Ltd is Overvalued by 7.43% compared to the current share price 114.00

Last 5 Year EPS CAGR: 18.03%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (189.85 cr) compared to borrowings (187.08 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (315.62 cr) and profit (24.62 cr) over the years.
  1. The stock has a low average ROCE of 14.25%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 72.67, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 73.25, which may not be favorable.

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:
    1. Net Profit Margin: 1.62%
      • 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.
    2. ROCE: 14.1% (Industry Average ROCE: 16.71%)
      • 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.
    3. ROE%: 7.62% (Industry Average ROE: 14.57%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 2.05
      • 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.
    5. Quick Ratio: 0.79
      • 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.
    6. Stock P/E: 43.3 (Industry average Stock P/E: 41.18)
      • 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.
    7. Total Debt / Equity: 0.63
      • 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.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Hi-Tech Pipes Ltd. is a Public Limited Listed company incorporated on 02/01/1985 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L27202DL1985PLC019750 and registration number is 019750. Currently Company is involved in the business activities of Manufacture of tubes, pipes and hollow profiles and of tube or pipe fittings of cast-iron/cast-steel. Company's Total Operating Revenue is Rs. 2207.42 Cr. and Equity Capital is Rs. 14.99 Cr. for the Year ended 31/03/2024.
INDUSTRYADDRESSCONTACT
Steel - Tubes/PipesNo.505, Pearl Omaxe Tower, New Delhi Delhi 110034info@hitechpipes.in
http://www.hitechpipes.in
Management
NamePosition Held
Mr. Ajay Kumar BansalChairman & Managing Director
Mr. Anish BansalWhole Time Director
Mr. Kamleshwar PrasadWhole Time Director
Mr. Vivek GoyalInd. Non-Executive Director
Mr. Prashant Kumar SaxenaInd. Non-Executive Director
Mr. Mukesh Kumar GargInd. Non-Executive Director
Mrs. Neerja KumarInd. Non-Executive Woman Director

FAQ

What is the latest intrinsic value of Hi-Tech Pipes Ltd?

The latest intrinsic value of Hi-Tech Pipes Ltd as on 12 March 2025 is ₹89.41, which is 21.57% lower than the current market price of 114.00, indicating the stock is overvalued by 21.57%. The intrinsic value of Hi-Tech Pipes Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹2,313 Cr. and recorded a high/low of ₹211/97.1 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹665 Cr and total liabilities of ₹1,210 Cr.

What is the Market Cap of Hi-Tech Pipes Ltd?

The Market Cap of Hi-Tech Pipes Ltd is 2,313 Cr..

What is the current Stock Price of Hi-Tech Pipes Ltd as on 12 March 2025?

The current stock price of Hi-Tech Pipes Ltd as on 12 March 2025 is ₹114.

What is the High / Low of Hi-Tech Pipes Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Hi-Tech Pipes Ltd stocks is ₹211/97.1.

What is the Stock P/E of Hi-Tech Pipes Ltd?

The Stock P/E of Hi-Tech Pipes Ltd is 43.3.

What is the Book Value of Hi-Tech Pipes Ltd?

The Book Value of Hi-Tech Pipes Ltd is 33.6.

What is the Dividend Yield of Hi-Tech Pipes Ltd?

The Dividend Yield of Hi-Tech Pipes Ltd is 0.02 %.

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 7.68 %.

What is the Face Value of Hi-Tech Pipes Ltd?

The Face Value of Hi-Tech Pipes Ltd is 1.00.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Hi-Tech Pipes Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE