Hi-Tech Pipes Limited has informed the Exchange regarding a press release dated May 28, 2026, titled "Press Release w.r.t. Financial Results for the Quarter and Year ended March 31, 2026.".
HITECH · price
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Hi-Tech Pipes Limited reported strong FY26 results with annual revenue surging 37% to Rs.4,200 Cr from Rs.3,068 Cr in FY25, driven by record sales volumes. Full-year sales volume grew 10% to 5,32,437 MT, marking the company's highest-ever annual performance. EBITDA increased 8% to Rs.173.55 Cr, though EBITDA per ton marginally declined 1% to Rs.3,260 due to a challenging global environment. Q4FY26 was particularly outstanding with revenue doubling 102% to Rs.1,480 Cr and EBITDA rising 33% to Rs.46.32 Cr, driven by robust infrastructure and construction sector demand. Total comprehensive income grew 5% annually to Rs.76.58 Cr.
The company delivered exceptional double-digit growth in both revenue and volumes, indicating strong operational execution. However, compressed EBITDA per ton suggests margin pressure from input costs. The healthy debt-to-equity ratio of 0.18% and adequate working capital management provide financial flexibility for expansion.