HI-TECH PIPES LIMITED
Latest filings
Next results: Thu, 5 Nov · Financial Results/Other business matters- Board meeting set for November 5 to approve September results · Results
- CRISIL reaffirms ratings; bank loan limit raised to Rs 565 Cr · Credit & Debt
- CRISIL reaffirms credit ratings, bank facility up to Rs 565 Cr · Credit & Debt
Snapshot
What the business is, and whether it's a good one at a fair price.
Manufactures steel pipes and related flat products — MS pipes, hollow sections, GI and GPGC sheets, and CR coils and strips — sold mainly to infrastructure, construction, and engineering customers. Notable order wins include Varanasi, Jaipur and Khowai airports, Bharuch railway station, and solar parks at Khavda and Bikaner. The product mix is shifting toward value-added items, with management guiding the value-added share from 37% to 50% over the next one to two years. Raw materials, primarily hot-rolled coil, are the dominant cost at 74.2% of revenue, making steel spreads the principal swing factor; long-term HRC supply MOUs are in place with SAIL, ArcelorMittal, Tata, and NMDC. A 12% safeguard duty on steel imports imposed in December 2025 has been cited as stabilising domestic pricing, with EBITDA per ton guided at ₹4,000 from Q4 FY26 onwards. Capex of ₹500-600 cr is planned for the next phase of expansion, partly funded by a ₹501 cr QIP raised in October 2024.
Scorecard
Measured from the filed financials, judged against its Iron & Steel Products peers · as of FY26 — not investment advice
Strengths
Nothing stands out in the filed numbers.Concerns
Charts
How has the market priced it — with filings on the timeline?
HITECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Peers
How does it stack up on valuation, returns and growth?
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Financials
Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Ownership
Who owns it — and is the promoter stake clean?
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Common questions
Answered from HI-TECH PIPES LIMITED's filed financials and exchange disclosures
What does HI-TECH PIPES LIMITED do?
HI-TECH PIPES LIMITED is a Industrial Products company listed on NSE and BSE, trading under the symbol HITECH.
Is HI-TECH PIPES LIMITED profitable?
Yes. Over the trailing twelve months HI-TECH PIPES LIMITED reported a net profit of ₹75 Cr on revenue of ₹4,822 Cr.
Does HI-TECH PIPES LIMITED pay a dividend?
Yes. The dividend yield is 0.03% at the current price. It paid out 1% of its profit as dividend in FY26.
Is HI-TECH PIPES LIMITED debt-free?
No. It reported borrowings of ₹268 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹246 Cr after cash. Debt stands at 0.20× equity. That is lower than 51% of its 101 Iron & Steel Products peers.
Is HI-TECH PIPES LIMITED expensive compared with its peers?
On trailing P/E, HI-TECH PIPES LIMITED ranks 43 of 105 in Iron & Steel Products — cheaper than 60% of them, against an industry median of 15.4×. This is a position, not a valuation judgement.
How much does the HI-TECH PIPES LIMITED share price move in a day?
On a typical session HI-TECH PIPES LIMITED moves 1.50% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.
When are HI-TECH PIPES LIMITED's next results?
Financial Results/Other business matters on Thu, 5 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.
Where can I track HI-TECH PIPES LIMITED's announcements?
Every NSE and BSE filing by HI-TECH PIPES LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.