Market Data
Market Cap₹1,489.59 Cr.
52W High₹123.85
Current Price₹73.34
52W Low₹70.15
Down from 52W High40.8 %
Face Value₹1
Performance
ROCE9.86 %
ROE5.65 %
EPS (TTM)₹0.99
EPS Prev Qtr₹0.89
EPS Last Year₹1.01
EBITDA Qtr₹41.59 Cr.
Book Value₹65
Financial Health
Debt/Equity0.18
Debt/Profit3.21
Total Assets₹2,023.616 Cr.
Promoter Holding43.43 %
Earning Power7.57 %
Valuation
Stock P/E19.66
Industry P/E18.9
Price to Book1.12
Price to Sales0.31
Graham Number₹74.13
Key Metrics
__derived
1
Face Value
₹1
About Hi-Tech Pipes Ltd
Metals & Mining · Steel
Hi-Tech Pipes Ltd is listed on NSE in the Metals & Mining / Steel sector. Face value ₹1. Market cap ₹1,489.59 Cr.
Price Chart
Strengths & Weaknesses
Strengths
- The company has a manageable debt-to-equity ratio of 0.15, indicating low financial leverage.
- The company has a solid promoter holding of 43.43%, suggesting strong control and alignment of interests.
Weaknesses
- The Return on Equity (ROE) is relatively low at 5.99%, indicating less efficient use of shareholder equity.
- The company has a relatively high P/E ratio of 22.01, which may suggest that the stock is overvalued compared to its earnings.
- The Return on Capital Employed (ROCE) is modest at 10.73%, indicating moderate efficiency in generating returns from capital employed.
Peer Comparison
| Name | CMP | P/E | Market Cap | Div Yield | NP Qtr | Qtr Profit Var% | Sales Qtr | Qtr Sales Var% | ROCE% | Debt/Eq |
|---|---|---|---|---|---|---|---|---|---|---|
| JSW Steel Ltd | - | 12.42 | ₹3,08,371.75 Cr | 0.56% | ₹27,995 Cr | - | ₹1,89,687 Cr | - | 20.93% | 0.95 |
| Tata Steel Ltd | - | 21.02 | ₹2,32,193.69 Cr | 2.15% | ₹11,263.7 Cr | - | ₹2,39,756.11 Cr | - | 12.73% | 0.83 |
| Jindal Steel Ltd | - | 42.66 | ₹1,16,279.84 Cr | 0.18% | ₹2,708.7 Cr | - | ₹56,412.57 Cr | - | 7.36% | 0.43 |
| Steel Authority of India Ltd | - | 17.84 | ₹76,187.54 Cr | 1.27% | ₹4,272.27 Cr | - | ₹1,11,134.75 Cr | - | 9.49% | 0.36 |
| Jindal Stainless Ltd | - | 18.9 | ₹61,443.99 Cr | 0.54% | ₹3,238.57 Cr | - | ₹44,026.06 Cr | - | 18.02% | 0.37 |
| Shyam Metalics & Energy Ltd | - | 26.54 | ₹29,821.05 Cr | 0.25% | ₹1,120.23 Cr | - | ₹19,584.31 Cr | - | 14.18% | 0.09 |
| Sarda Energy & Minerals Ltd | - | 15.64 | ₹17,663.11 Cr | 0.4% | ₹1,103.05 Cr | - | ₹5,665.38 Cr | - | 19.23% | 0.45 |
| Usha Martin Ltd | - | 30.51 | ₹15,482.42 Cr | 0.74% | ₹507.54 Cr | - | ₹3,836.87 Cr | - | 20.63% | 0.04 |
| Godawari Power & Ispat Ltd | - | 17.2 | ₹15,181.71 Cr | 0.44% | ₹807.69 Cr | - | ₹5,807.87 Cr | - | 19.17% | 0.07 |
| Gallantt Ispat Ltd. | - | 29.83 | ₹12,953.17 Cr | 0.37% | ₹434.14 Cr | - | ₹4,436.81 Cr | - | 15.45% | 0.17 |
| Vedanta Iron & Steel Ltd | - | - | ₹12,298.17 Cr | - | - | - | - | - | - | -1.07 |
| NMDC Steel Ltd | - | 134.84 | ₹12,249.93 Cr | - | ₹83.67 Cr | - | ₹13,938.43 Cr | - | 3.12% | 0.45 |
| Maharashtra Seamless Ltd | - | 12.99 | ₹9,574.25 Cr | 1.4% | ₹737.12 Cr | - | ₹4,620.27 Cr | - | 14% | 0 |
| Jayaswal Neco Industries Ltd | - | 15.15 | ₹8,549.64 Cr | - | ₹564.01 Cr | - | ₹7,589.03 Cr | - | 18.4% | 1.86 |
| Sunflag Iron & Steel Company Ltd | - | 39.41 | ₹8,111.68 Cr | 0.22% | ₹205.81 Cr | - | ₹3,995.1 Cr | - | 3.99% | 0.05 |
| Kirloskar Ferrous Industries Ltd | - | 22.11 | ₹7,732.37 Cr | 0.64% | ₹349.34 Cr | - | ₹6,961.99 Cr | - | 12.11% | 0.27 |
| Man Industries (India) Ltd | - | 34.46 | ₹7,149.91 Cr | - | ₹204.3 Cr | - | ₹3,874.9 Cr | - | 21.68% | 0.29 |
| Aeroflex Industries Ltd | - | 99.45 | ₹6,790.55 Cr | 0.08% | ₹67.15 Cr | - | ₹502.98 Cr | - | 20.38% | 0 |
| Technocraft Industries (India) Ltd | - | 19.53 | ₹6,632.47 Cr | 0.68% | ₹348.49 Cr | - | ₹2,931.1 Cr | - | 19.62% | 0.48 |
| Jai Balaji Industries Ltd | - | 19.78 | ₹5,791.88 Cr | - | ₹292.93 Cr | - | ₹5,786.44 Cr | - | 17.76% | 0.26 |
Quarterly Results
📊 Jun 2026: Revenue grew 78.5% YoY, Profit fell 4.2% YoY
| Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|
| Sales | 791.36 | 858.77 | 1,069.59 | 1,480.36 | 1,412.8 |
| ↳ QoQ Growth | - | +8.5% | +24.5% | +38.4% | -4.6% |
| Expenses | 756.5 | 821.08 | 1,034.38 | 1,441.66 | 1,371.21 |
| Operating Profit | 34.86 | 37.69 | 35.21 | 38.7 | 41.59 |
| OPM % | 4.41% | 4.39% | 3.29% | 2.61% | 2.94% |
| Other Income | 0.93 | 1.15 | 0.25 | 0.25 | 0.56 |
| Interest | 7.82 | 11.77 | 12.25 | 15.73 | 15.67 |
| Depreciation | 6.18 | 6.64 | 6.67 | 7.61 | 7.79 |
| EBITDA | 41.04 | 44.33 | 41.88 | 46.31 | 49.38 |
| EBITDA Margin % | 5.19% | 5.16% | 3.92% | 3.13% | 3.5% |
| Profit Before Tax | 27.97 | 27.07 | 23.21 | 23.22 | 26.48 |
| Tax % | 25.21% | 25.16% | 25.08% | 24.2% | 24.32% |
| Net Profit | 20.92 | 20.26 | 17.39 | 17.6 | 20.04 |
| ↳ QoQ Growth | - | -3.2% | -14.2% | +1.2% | +13.9% |
| EPS | 1.03 | 1.01 | 0.84 | 0.89 | 0.99 |
Profit & Loss
| Mar 2026 | TTM | |
|---|---|---|
| Sales | 4200.08 | 4821.52 |
| Expenses | 4053.62 | 4668.33 |
| Operating Profit | 146.46 | 153.19 |
| OPM % | 3.49% | 3.18% |
| Other Income | 2.58 | 2.21 |
| Interest | 47.57 | 55.42 |
| Depreciation | 27.1 | 28.71 |
| Profit Before Tax | 101.47 | 99.98 |
| Tax % | 24.93% | 24.69% |
| Net Profit | 76.17 | 75.29 |
| EPS | 3.77 | 3.73 |
Compounded Sales Growth
10Y
-
5Y
-
3Y
-
TTM
-
Compounded Profit Growth
10Y
-
5Y
-
3Y
-
TTM
-
Stock Price CAGR
10Y
-
5Y
-
3Y
-
1Y
-36.1%
Return on Equity
10Y
-
5Y
-
3Y
-
Last Year
5.65%
Balance Sheet
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 20.31 | 20.3108 |
| Reserves | 1237.04 | 1313.1729 |
| Borrowings | 191.52 | 242 |
| Other Liabilities | 306.79 | 448.13 |
| Total Liabilities | 1755.66 | 2023.6161 |
| Fixed Assets | 392.18 | 633.7259 |
| CWIP | 193.71 | 102.888 |
| Investments | 3.81 | 4.53 |
| Other Assets | 1165.96 | 1282.47 |
| Total Assets | 1755.66 | 2023.6161 |
Cash Flows
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Cash from Operating Activity | 69.8293 | 3.3243 |
| Cash from Investing Activity | -390.0729 | -40.6142 |
| Cash from Financing Activity | 353.7258 | 23.1323 |
| Net Cash Flow | 33.4822 | -14.1576 |
Ratios
| Mar 2026 | |
|---|---|
| Debtor Days | - |
| Inventory Days | - |
| Days Payable | - |
| Cash Conversion Cycle | - |
| Working Capital Days | 154.83 |
| ROCE % | 8.22% |
Shareholding Pattern
| Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|
| Promoters % | 43.64% | 43.64% | 43.76% | 43.43% |
| FIIs % | 2.39% | 1.41% | 0.81% | 1.05% |
| DIIs % | 14.51% | 15.87% | 16.27% | 16.17% |
| Public % | 28.2% | 28.99% | 29.06% | 28.4% |
| No. of Shareholders | 1,04,410 | 1,01,163 | 1,01,479 | 99,593 |
Major Shareholders (>1%)
- Ajay Kumar BansalPromoter and Promoter Group10.57%
- Bandhan Small Cap FundPublic Shareholding9.33%
- Anish BansalPromoter and Promoter Group7.71%
- Vipul BansalPromoter and Promoter Group6.53%
As of 2026-06-30View all shareholders →