Announced Thu, 28 May · 12:55 IST

Results-Financial Results for March 31, 2026

Revenue Growth 20pctPat Growth 25pctEbitda Margin CompressionNegative Operating CashflowRelated Party TransactionsResults View source PDF

HITECH · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-12.2%1-day move

₹95.29

prior close

₹88.77

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.3+0.6-0.1-0.3-12.2-8.7-8.3-6.1-7.8-9.4-2.6-5.0——

Up moveDown movePending

AI summary

Hi-Tech Pipes reported consolidated revenue of Rs 4200 crore for FY26, up 37% from Rs 307 crore in FY25, driven by higher steel pipe volumes. However, PAT grew only 4.4% to Rs 76.2 crore, indicating significant margin compression as input costs rose faster than sales. Standalone PAT was flat at Rs 64.2 crore. Operating cash flow dropped sharply to Rs 33 lakh from Rs 698 crore in FY25, reflecting stress in working capital due to rising inventories and receivables. The company issued 90 lakh convertible warrants to promoter group (Vipul Bansal, AKS Buildcon, Hi-Tech Agrovision) at Rs 100 each, which will increase promoter holding. Auditors issued an unmodified (clean) opinion. The company also acquired Sain Software Systems as a new wholly-owned subsidiary on March 31, 2026.

Likely market impact

Strong topline growth was offset by margin compression and weak cash generation. The preferential warrant issue to promoters increases promoter stake but may be dilutive for minority shareholders. The stock may see mixed reaction given flat PAT growth despite 37% revenue growth.