HITECH

Hi-Tech Pipes Ltd.

NSE: HITECH

BSE: 543411

Sector: Capital Goods

Industry Group: Industrial Products

Industry: Iron & Steel Products

81.01+0.2 (+0.26%)

25 Aug, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

14.8 / 100

Value Score

73.1 / 100

Price Momentum Score

42.5 / 100

QVM Score

32.4 / 100

Key Metrics

Market Cap

1645.38

P/E (TTM)

21.86

P/B

1.23

P/S (TTM)

0.34

EV/EBITDA

10.04

CAPE (5Y)

24.65

ROE (TTM)

5.88

ROCE (TTM)

9.60

ROA (TTM)

4.03

Avg 3Y ROE

7.56

Earnings 3Y CAGR

14.02

Sales 3Y CAGR

24.28

Sales 5Y CAGR

25.13

Debt/Equity

0.20

Consensus TP

109.00

Strong Buy %

Promoter Holding

43.43

Pledged %

13.00

Stock Analysis

Fundamental analysis overview of Hi-Tech Pipes Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Strong revenue growth and above median growth of industry

The company delivered strong revenue growth of 61.15% for 12-month ended 30 Jun 2026 and the growth was 51.65 percentage points higher than median growth of industry

What is Sales growth (1Y)?

Median: 9.5

Value 61.15

-99.993709.6

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.2 as on 30 Jun 2026 and Debt to Equity increased marginally by 0.05 in the last 1 year

What is Debt to Equity?

Consistently pays dividend

The company has not missed dividend payments once in the last 4 financial years

What is Dividend streak?

Negative

Analysts have been downgrading forward EPS estimates

Analyst EPS estimate (consensus) for forward EPS has decreased by -21.41% in the last 3 months, indicating weak earnings momentum

What is Earnings upgrade (3M)?

Low and declining ROE

The company reported low ROE of 5.88% for 12-month ended 30 Jun 2026 and ROE declined by -207 bps from 1 year ago

What is ROE (FY)?

Low but stable operating margin

The company reported low operating margin of 3.18% for 12-month ended 30 Jun 2026 and operating margin declined marginally by -137 bps from 1 year ago

What is Operating profit margin?

Low EPS growth and lower than median growth of industry

The company delivered moderate EPS growth of -8.81% for 12-month ended 30 Jun 2026 and the growth was 23.13 percentage points lower than median growth of industry

What is EPS growth (1Y)?

Low dividend yield

The company has a low dividend yield of 0.0%

What is Dividend yield?

Neutral

Reasonably valued but PE TTM is at a premium to industry median P/E

PE TTM of 21.86 indicates that the stock is reasonably valued on a standalone basis but is at a 17.02% premium to industry median P/E

What is P/E Ratio?

Median: 18.68

Value 21.86

-137.6515048.7

Company's earnings are of moderate quality

Earnings quality score of 36.6 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

36.6 / 100

Financial Snapshot

See detailed analysis

Multi-year trends for Hi-Tech Pipes Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Hi-Tech Pipes Ltd. Shareholding Pattern

Quarterly breakdown of Hi-Tech Pipes Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	62.70	62.70	62.71	62.71	62.48	60.95	59.55	59.19	59.31	59.32	59.32	59.32	56.87	55.57	55.27	55.64	53.20	53.95	50.76	43.97	43.97	43.97	43.64	43.64	43.76	43.43
Indian Promoter	62.70	62.70	62.71	62.71	62.48	60.95	59.55	59.19	59.31	59.32	59.32	59.32	56.87	55.57	55.27	55.64	53.20	53.95	50.76	43.97	43.97	43.97	43.64	43.64	43.76	43.43
Foreign Promoter	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	1.21	1.21	1.16	1.16	0.59	0.42	0.01	0.01	0.01	0.17	0.17	0.56	6.15	5.78	5.16	7.53	11.83	13.17	19.36	27.11	25.36	17.78	16.90	17.27	17.08	17.22
Mutual Funds / UTI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	1.57	1.53	1.52	2.51	8.00	7.93	7.11	10.26	11.78	11.59	10.38	12.09	12.02	12.06
FI/Bank/Insurance	0.05	0.05	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.74	0.73	0.73	0.73	0.73	1.25	1.24
Govt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	1.16	1.16	1.16	1.16	0.00	0.00	0.01	0.01	0.01	0.01	0.01	0.57	1.06	0.81	0.35	0.08	0.38	1.81	9.31	9.79	8.96	1.70	2.39	1.41	0.81	1.06
Other Institutions	0.00	0.00	0.00	0.00	0.59	0.42	0.00	0.00	0.00	0.16	0.16	0.00	3.52	3.44	3.29	4.94	3.44	3.42	2.94	6.32	3.89	3.76	3.40	3.05	3.00	2.87
Non-Institution	36.09	36.08	36.13	36.13	36.92	38.63	40.45	40.81	40.69	40.51	40.51	40.11	36.98	38.64	39.58	36.83	34.97	32.88	29.88	28.92	30.67	38.25	39.46	39.09	39.16	39.35
Bodies Corporate	3.04	3.05	5.31	4.27	6.47	6.35	8.90	10.56	11.79	11.94	11.99	11.66	11.22	10.55	10.76	6.67	6.01	5.38	4.70	5.55	6.38	6.63	8.24	7.02	6.74	6.71
Others (incl. Retail) No. of shareholders	33.05 1,239	33.03 1,639	30.82 1,779	31.86 1,581	30.45 2,143	32.28 3,092	31.55 6,419	30.25 5,751	28.90 5,552	28.57 5,540	28.52 5,538	28.45 5,546	25.76 8,903	28.09 18,819	28.82 29,358	30.16 39,038	28.96 45,596	27.50 51,939	25.18 61,569	23.37 72,684	24.29 77,871	31.62 1,07,357	31.22 1,03,921	32.07 1,00,691	32.42 1,01,028	32.64 99,141

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Hi-Tech Pipes Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
MANOJ KUMAR GUPTA TRUSTEE HI-TECH PIPES EMPLOYEES WELFARE TRUST Designated Person	September-2025	Market Purchase (Acquisition) 30th Sep 2025	0.19 %	₹ 121.00	11.90 k	₹ 14.40 lac
MANOJ KUMAR GUPTA TRUSTEE HI-TECH PIPES EMPLOYEES WELFARE TRUST Designated Person	September-2025	Market Purchase (Acquisition) 24th Sep 2025	0.18 %	₹ 122.57	20.00 k	₹ 24.51 lac
MANOJ KUMAR GUPTA TRUSTEE HI-TECH PIPES EMPLOYEES WELFARE TRUST Designated Person	September-2025	Market Purchase (Acquisition) 23rd Sep 2025	0.15 %	₹ 121.77	50.00 k	₹ 60.88 lac
MANOJ KUMAR GUPTA TRUSTEE HI-TECH PIPES EMPLOYEES WELFARE TRUST Designated Person	March-2025	Market Purchase (Acquisition) 25th Mar 2025	0.11 %	₹ 115.95	90.00 k	₹ 1.04 cr
MANOJ KUMAR GUPTA TRUSTEE HI-TECH PIPES EMPLOYEES WELFARE TRUST Designated Person	March-2025	Market Purchase (Acquisition) 13th Mar 2025	0.10 %	₹ 102.00	10.00 k	₹ 10.20 lac
MANOJ KUMAR GUPTA TRUSTEE HI-TECH PIPES EMPLOYEES WELFARE TRUST Designated Person	March-2025	Market Purchase (Acquisition) 10th Mar 2025	0.10 %	₹ 113.71	10.00 k	₹ 11.37 lac
MANOJ KUMAR GUPTA TRUSTEE HI-TECH PIPES EMPLOYEES WELFARE TRUST Designated Person	February-2025	Market Purchase (Acquisition) 24th Feb 2025	0.08 %	₹ 112.41	26.00 k	₹ 29.23 lac
MANOJ KUMAR GUPTA TRUSTEE HI-TECH PIPES EMPLOYEES WELFARE TRUST Designated Person	February-2025	Market Purchase (Acquisition) 21st Feb 2025	0.08 %	₹ 102.32	20.00 k	₹ 20.46 lac
MANOJ KUMAR GUPTA TRUSTEE HI-TECH PIPES EMPLOYEES WELFARE TRUST Designated Person	December-2024	Market Purchase (Acquisition) 31st Dec 2024	0.07 %	₹ 160.93	11.50 k	₹ 18.51 lac
MANOJ KUMAR GUPTA TRUSTEE HI-TECH PIPES EMPLOYEES WELFARE TRUST Designated Person	December-2024	Market Purchase (Acquisition) 26th Dec 2024	0.05 %	₹ 158.79	25.00 k	₹ 39.70 lac

…

Corporate Actions

History of Hi-Tech Pipes Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 0.03/share
Record date: 20th Sep 2025Ex-date: 19th Sep 2025
Announced on: 26th May 2025
Dividend₹ 0.03/share
Record date: 14th Sep 2024Ex-date: 13th Sep 2024
Announced on: 11th May 2024
Dividend₹ 0.03/share
Record date: 22nd Sep 2023Ex-date: 22nd Sep 2023
Announced on: 27th May 2023
Stock Split1 : 10
Ex-date: 17th Mar 2023Announced on: 10th Jan 2023
Nominal value change form INR 10 to INR 1.
Dividend₹ 0.50/share
Record date: 21st Sep 2022Ex-date: 20th Sep 2022
Announced on: 15th May 2022

Company Profile

Overview of Hi-Tech Pipes Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Hi-Tech Pipes Limited is an India-based company, which is engaged in the manufacturing of electric resistance welding (ERW) steel round and section pipes, cold rolled (CR) strips, galvanized plain (GP) coils, color coated sheet, and engineering products and distribution of the same across India. Its...

Key personnel

Mr. Arun Kumar

Compliance Officer, Company Secretary

Mr. Nehal Shah

Chief Strategic Officer

Mr. Ajay Kumar BansalD

Executive Chairman of the Board, Managing Director

Mr. Arvind BansalD

Chief Financial Officer, Executive Director

Mr. Anish Kumar BansalD

Whole-Time Director

Mr. Kamleshwar PrasadD

Whole Time Director

Mr. Mukesh Kumar GargD

Non-Executive Independent Director

Mr. Vivek GoyalD

Non-Executive Independent Director

View all

Incorporated on

02 Jan 1985

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

IPO date

25 Feb 2016

Free Float

10,85,14,574

Website

https://hitechpipes.in/

Phone no.

+911148440050

Address

505, PEARL OMAXE TOWER NETAJI SUBHASH PLACE, PITAMPURA, , 110034, India

Frequently Asked Questions

What is the current share price of Hi-Tech Pipes Ltd.?

The current share price of Hi-Tech Pipes Ltd. is ₹ 81.01 as of 25 Aug 2026.

What is the market capitalisation of Hi-Tech Pipes Ltd.?

The market capitalisation of Hi-Tech Pipes Ltd. stands at ₹ 1,645.38 Cr.

What is the PE ratio of Hi-Tech Pipes Ltd.?

The Price-to-Earnings (PE) ratio of Hi-Tech Pipes Ltd. is 21.86 as of the latest trailing twelve months data.

What is the ROE and ROCE of Hi-Tech Pipes Ltd.?

Hi-Tech Pipes Ltd. has a Return on Equity (ROE) of 5.88% and a Return on Capital Employed (ROCE) of 9.60% as per the latest financial reports.

What is the 52-week high and low of Hi-Tech Pipes Ltd.?

The 52-week high of Hi-Tech Pipes Ltd. is - and the 52-week low is -.

What is the dividend yield of Hi-Tech Pipes Ltd.?

The dividend yield of Hi-Tech Pipes Ltd. is 0.00% based on the current market price.

What is the FII and DII holding in Hi-Tech Pipes Ltd.?

Foreign Institutional Investors (FII) hold 1.06%, Domestic Institutional Investors (DII) hold 13.30% and retail/public investors hold 32.64% of Hi-Tech Pipes Ltd. shares.

What sector does Hi-Tech Pipes Ltd. belong to?

Hi-Tech Pipes Ltd. operates in the Capital Goods sector.

What is the beta of Hi-Tech Pipes Ltd.?

The beta of Hi-Tech Pipes Ltd. is 1.54, indicating its price volatility relative to the broader market. Over the past 1 year, Hi-Tech Pipes Ltd. has delivered an absolute return of -7.30%.

What is the RSI of Hi-Tech Pipes Ltd.?

The 14-day Relative Strength Index (RSI) of Hi-Tech Pipes Ltd. is 45.37, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Hi-Tech Pipes Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Hi-Tech Pipes Ltd. Shareholding Pattern

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Company Profile

Corporate Actions