Press Release w.r.t. Audited Financial Results for the Quarter and Year ended March 31, 2026
HITECH · price
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Hi-Tech Pipes Ltd reported strong FY26 results with annual revenue growing 37% to Rs. 4,200 Cr from Rs. 3,068 Cr in FY25, driven by record sales volumes of 5,32,437 MT (up 10%). Q4 FY26 revenue surged 102% to Rs. 1,480 Cr vs Rs. 734 Cr in Q4FY25, with sales volume up 27% to 1,47,125 MT. Total comprehensive income rose 5% to Rs. 76.58 Cr annually and EBITDA increased 8% to Rs. 173.55 Cr. However, EBITDA per ton declined 1% to Rs. 3,260 due to challenging global environment. Net working capital days increased from 52 to 56 days. Debt-to-equity ratio remains low at less than 0.18%, providing financial flexibility for expansion.
Strong revenue and volume growth indicates robust demand from infrastructure and construction sectors, though margin compression (lower EBITDA/ton) is a concern. The company's low leverage and improving absolute profitability are positive for shareholders, but the declining per-ton profitability suggests cost pressures.