Hi-Tech Pipes Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
HITECH · price
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Hi-Tech Pipes Limited reported audited consolidated revenue of Rs. 420,007.42 Lacs for FY26, up 37% from Rs. 306,763.62 Lacs in FY25. Standalone revenue grew to Rs. 344,280.84 Lacs from Rs. 255,019.28 Lacs, a 35% increase. Consolidated PAT for FY26 was Rs. 7,616.05 Lacs versus Rs. 7,294.91 Lacs in FY25, showing modest 4.4% growth. The Board approved issuance of 90 lakh Fully Convertible Equity Warrants to Promoter Group at Rs. 100 per warrant, raising approximately Rs. 9 crore. The company also acquired Sain Software Systems Private Limited as a wholly-owned subsidiary on March 31, 2026. Statutory auditors issued an unmodified opinion on both standalone and consolidated results.
The company delivered strong revenue growth of 37% but PAT growth was modest at 4.4%, indicating margin compression. The warrant issuance to promoters will dilute equity by up to 9 million shares. The clean audit opinion with no going concern issues is positive for investors.