Hi-Tech Pipes Ltd.

HITECH

₹95.35

-0.73% (-0.7)

Market Cap

₹1,937 Cr.

P/E

26.55

About

Hi-Tech Pipes limited, is one of India's leading producers and suppliers of steel pipes, hollow sections, tubes, cold rolled coils and strips and a variety of other galvanized products.

Hi-Tech Pipes limited, is one of India's leading producers and suppliers of steel pipes, hollo… Read more

Low

52W Range

High

211

Timeline

Key company specific updates

Company Timeline

Subscribe now for more updates

Custom financial statementNew

Edit rows

Forensics

9 Yes

Positive for this company

2 Neutral

Neutral for this company

6 No

Negative for this company

0 No Data

Insufficient data to analyse

Accounting & Shareholding

Contingent Liabilities

Company does not have significant contingent liabilities
Depreciation Effect

Depreciation accounting is not leading to increase in profits
Other Income

Other income is not affecting ratios of the company
Pledge

Promoters have not pledged a significant portion of their holding
Retail Holding

Retail has been selling the stock which is usually a good time to buy
Promoter Holding

Promoter has not sold any shares in the last 90 days
Revenue Recognition

Chances of aggressive revenue recognition - operating profit of company is not getting converted to cash and recievables rising faster than sales

Price & Performance

ROE

Asset turnover is responsible for roe increase over last 10 years
Working Capital

Working capital of the company seems to be under control
Sales Growth

Sales of the company has grown at a good pace
Balance Sheet Strength

Balance sheet of the company is strong. it shouldnt have solvency or liquidity issues
Capex vs ROCE

Company has made significant capex which might be affecting its roce
Current vs Historic Valuation

Company is trading at a premium to 3yr historic valuations
Debt

Company might have issues servicing its debt
Share price

Share price has increased over last 10 years but more due to rerating
Margin Stability

Margins of the company are volatile
ROCE Strength

Roce of the company is not consistently strong

Revenue mix

Product Wise Break-Up

Location Wise Break-Up

Operational Metrics

Manufacturing Capacity - Steel Pipes (MTPA)
Source
Realization/Tonne - Steel Pipes (Rs/MT)
Source
EBITDA/Tonne - Steel (Rs/Tonne)
Source
Quarterly Sales Volume - Steel Pipes (Tonnes)
Source

Peer Comparison

Corporate Actions

Consolidated

DATE

DETAILS

Show Less

Customers

Adani Enterprises Ltd.
Ashok Leyland Ltd.
Bajaj Auto Ltd.
Bharat Heavy Electricals Ltd.
Bharti Airtel Ltd.
DLF Ltd.
Hindustan Construction Company Ltd.
Indian Oil Corporation Ltd.
Jaypee Infratech Ltd.
Larsen & Toubro Ltd.
NTPC Ltd.
Reliance Industries Ltd.
Steel Authority Of India Ltd.
Tata Motors Ltd.
Thermax Ltd.
BSNL
Government
Government of India
GVK Group
HP
Gas Authority Of India Limited

Showing 5 of 21

FAQs on Hi-Tech Pipes Ltd. Business

What does Hi-Tech Pipes do?

Hi-Tech Pipes Limited is a prominent producer and supplier in India, specializing in steel pipes, hollow sections, tubes, cold rolled coils, strips, and various galvanized products.

Who are the competitors of Hi-Tech Pipes?

Hi-Tech Pipes major competitors are Rama Steel Tubes, Aeroflex Industries, Man Industries, JTL Industries, Hariom Pipe Inds., Venus Pipes & Tubes, Gandhi Spl. Tubes.
Market Cap of Hi-Tech Pipes is ₹1,937 Crs.
While the median market cap of its peers are ₹2,146 Crs.

Is Hi-Tech Pipes financially stable compared to its competitors?

Hi-Tech Pipes seems to be less financially stable compared to its competitors.
Altman Z score of Hi-Tech Pipes is 5.32 and is ranked 5 out of its 8 competitors.

View FAQ's On Shareprice

Global Leaders

Companies with a dominant global position in a product. Might be a sign of very strong moat.

Run Query

Company Filing

	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Annual Report	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11	FY10
Earnings Release	May	Mar Jun Sep Dec	Mar Jun Sep Dec	Mar Jun Sep Dec			Mar Jun Sep Dec	Mar Jun Sep Dec	Mar Sep
Investor Presentation	May	Mar Jun Sep Dec	Mar Jun Sep Dec	Mar May Jun Aug Sep Dec	Jan Dec		Mar Jun Sep Dec	Mar Jun Sep Dec	Mar Sep Dec
Conference Call		Mar Jun Sep Dec	Mar Sep Dec	Mar Jun Sep Dec	Sep			Jun Sep
Conference Call SummaryCon Call Summary Powered by Gemini

Discussions & Analysis

Hi-Tech Pipes Ltd.

Interview - Mr. Ajay Kumar Bansal, Chairman & Managing Director, Hi-Tech Pipes Limited - TubePipeIndia

Metals Mining & Minerals

How to Invest in Cyclical Businesses - PPFAS | Jiten Parmar

Is Copper the new oil in an electrified world? - SOIC

Overview Of Steel Industry In One Picture - Dr Prashanth Mishra

A Glimpse Into The World Of Mining & Ancillaries - John Lee Pettimore

The energy transition delusion: inescapable mineral realities - Mark Mills

How to do Business Analysis of Nonferrous Metal Companies - Dr Vijay Malik

Spotting Winners in Metals & Mining Sector - SOIC

Steel Pipes

Steel Pipes Industry Overview - SOIC

Will Water Industry be the next Mega Theme? - SOIC

WATER Sector Analysis - Pipes - Sadhan

Steel Sector

Steel Sector - Basics and Sample Valuation - Omkara Capital

Long vs Flat Products - Explanation and Classification - CARE Ratings

Steel Sector Overview - Kirtan A Shah

A Deeper Look at the Indian Steel Pipe Industry - Capital Mind

Understanding The Steel Industry: A Deep Dive Into The Value Chain - Medha Nair

Spotting Winners in Metals & Mining Sector - SOIC

Role of die-casting industry in electric vehicles - MfgTechUpdate

Ideas Dashboard

Timeline

Watchlist

Portfolio

Alerts

Research

Stock Screener

Market

Raw Material

Hi-Tech Pipes Ltd.