Hi-Tech Pipes
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Hi-Tech Pipes

101.43
+1.50
(1.50%)
Market Cap
₹2,060.12 Cr
PE Ratio
27.46
Volume
1,44,218.00
Day High - Low
₹101.91 - ₹99.93
52W High-Low
₹177.86 - ₹84.80
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Key Fundamentals
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Market Cap
2,060.12 Cr
EPS
3.98
PB Ratio
1.65
Book Value
63.95
EBITDA
161.90
Dividend Yield
0.02 %
ROE Growth %
-
Debt to Equity
0.68
Analyst Rating and Forecast
- By Refinitiv from2 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+100.00 %
+100.00 %
Hold
Hold0.0 %
0.0 %
Sell
Sell0.0 %
0.0 %
Forecast For
Actual

Company News

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positive
Hi-Tech Pipes Commences Commercial Production at Sanand Unit II Phase II Expansion1 day ago
Hi-Tech Pipes Limited has started commercial production at its Sanand, Gujarat Unit II Phase II brownfield expansion, adding 1 lakh MTPA capacity for large-diameter ERW pipes and jumbo hollow sections. The expansion strengthens the company's Western India presence and enhances capabilities to serve solar, fabrication, engineering, and infrastructure sectors while improving logistics efficiencies and export potential.
positive
Hi-Tech Pipes Limited reported revenue growth of 21.66% to INR 858.77 crores in Q2FY26 with sales volume up 1.78% to 1.25 lakh tons, driven by better product mix and value-added products. The company has commenced trial runs at its 3 lakh ton capacity expansion and laid foundation stone for a greenfield facility in Hindupur, Andhra Pradesh with 1.5 lakh ton capacity targeting completion by Q1FY28.
neutral
Hi-Tech Pipes Limited provided the audio recording link of its investor conference call held on November 13, 2025, discussing the company's un-audited financial results for the quarter and half year ended September 30, 2025. The audio link has been made available on the company's website and shared with stock exchanges NSE and BSE for investor information and records.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
1,723.00
#1 47,836.69
45.56
20,785.60
14.25
757
#1 460.41
46.58
815.95
22,775.76
24.12
15,368.10
#1 15.08
909
20.77
34.60
859.90
22,667.56
10.75
14,167.30
-19.42
#1 1,902
56.71
44.84
2,359.70
16,539.61
26.58
5,246.10
2.22
542
57.10
48.68
234.70
15,715.90
23.11
5,471.70
-1.47
813
1.38
32.84
595.30
14,363.45
30.03
4,308.30
1.75
401
81.80
48.92
425.10
12,954.57
33.17
3,513.50
7.59
406
0.46
39.02
164.59
10,525.67
#1 9.49
#1 20,947.80
-0.84
1,458
-70.84
37.77
573.05
7,678.83
9.75
5,465.90
-1.45
777
-43.14
50.95
72.24
7,014.49
19.56
2,666.90
-12.30
-94
407.31
47.34
Growth Rate
Revenue Growth
13.66 %
Net Income Growth
66.06 %
Cash Flow Change
-171.18 %
ROE
-23.88 %
ROCE
-24.11 %
EBITDA Margin (Avg.)
22.79 %

Quarterly Financial Results

Quarterly Financials
Jun 2017
Sept 2017
Dec 2017
Mar 2018
Jun 2018
Sept 2018
Dec 2018
Mar 2019
Jun 2019
Sept 2019
Dec 2019
Mar 2020
Jun 2020
Sept 2020
Dec 2020
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Revenue
202
253
279
283
322
340
319
381
324
276
311
301
152
382
416
392
383
461
440
596
517
599
570
702
642
747
631
681
868
707
761
734
792
860
Expenses
189
236
264
267
304
321
301
360
305
264
296
285
143
362
393
372
362
437
415
565
498
582
541
668
621
719
599
646
824
664
721
699
750
814
EBITDA
14
17
16
15
18
19
18
21
19
11
15
15
9
19
24
20
22
24
25
31
18
18
29
34
22
28
32
35
43
43
41
35
42
46
Operating Profit %
7 %
7 %
5 %
5 %
5 %
6 %
6 %
5 %
6 %
4 %
5 %
5 %
6 %
5 %
6 %
5 %
6 %
5 %
6 %
5 %
3 %
3 %
5 %
5 %
3 %
4 %
5 %
5 %
5 %
6 %
5 %
5 %
5 %
5 %
Depreciation
1
1
1
1
1
1
1
1
2
2
2
2
2
2
2
2
2
2
2
3
3
3
4
5
3
3
4
6
5
5
6
4
6
7
Interest
7
7
7
7
7
8
8
8
7
8
7
9
7
8
9
9
7
8
9
12
10
10
8
8
8
10
9
14
14
14
9
7
8
12
Profit Before Tax
6
9
8
7
9
10
9
13
11
2
6
5
1
9
13
9
12
14
14
16
6
6
17
21
11
14
19
15
24
24
26
24
28
27
Tax
2
3
2
2
3
3
3
5
4
-2
2
1
0
3
3
2
3
4
4
5
2
1
4
5
3
4
5
4
6
6
6
7
7
7
Net Profit
4
6
5
5
7
7
6
8
7
5
5
4
1
7
9
7
9
10
10
11
5
4
13
16
8
11
14
11
18
18
19
18
21
20
EPS in ₹
4.12
6.25
5.08
4.93
6.16
6.19
5.65
7.79
6.57
4.18
4.30
3.84
0.48
5.95
8.48
5.95
7.82
8.41
8.33
0.94
0.37
3.54
10.01
1.29
0.61
0.81
1.09
0.84
1.16
1.10
1.08
0.95
1.04
1.01

Balance Sheet

Balance Sheet
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total Assets
279
360
449
505
568
599
769
916
1,179
1,756
Fixed Assets
55
81
124
169
173
203
239
287
355
393
Current Assets
213
264
299
328
359
358
490
551
716
1,044
Capital Work in Progress
7
8
17
4
29
30
29
36
62
194
Investments
0
0
0
0
0
0
0
2
3
4
Other Assets
218
271
307
332
365
367
501
590
759
1,166
Total Liabilities
279
360
449
505
568
599
769
916
1,179
1,756
Current Liabilities
168
219
251
274
292
261
344
378
466
438
Non Current Liabilities
45
64
84
85
103
133
167
120
137
61
Total Equity
66
77
114
147
174
205
259
418
576
1,257
Reserve & Surplus
56
67
95
130
163
190
246
318
513
1,237
Share Capital
10
10
11
11
11
11
12
13
15
20

Cash Flow

Cash Flow
2016
2017
2018
2019
2020
2021
2022
2023
2024
Net Cash Flow
5
-2
-0
-0
-0
-0
0
1
0
Investing Activities
-19
-39
-53
-40
-39
-40
-47
-98
-117
Operating Activities
1
24
-6
49
25
64
-17
134
-95
Financing Activities
23
14
59
-9
14
-25
64
-35
213

Share Holding

% Holding
Mar 2021
Jun 2021
Aug 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Feb 2023
Mar 2023
Jun 2023
Sept 2023
Oct 2023
Dec 2023
Jan 2024
Feb 2024
Mar 2024
Apr 2024
Jun 2024
Jul 2024
Sept 2024
Oct 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Promoter
62.48 %
60.95 %
59.22 %
59.55 %
59.19 %
59.31 %
59.32 %
59.32 %
59.32 %
57.81 %
56.87 %
55.57 %
55.27 %
56.33 %
55.64 %
52.13 %
53.21 %
53.82 %
53.82 %
53.95 %
50.77 %
50.76 %
44.01 %
43.97 %
43.97 %
43.97 %
43.64 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.34 %
0.00 %
0.00 %
0.00 %
0.00 %
1.96 %
0.00 %
1.82 %
8.72 %
9.30 %
12.98 %
9.79 %
8.96 %
1.70 %
2.39 %
DIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.16 %
0.00 %
3.91 %
5.09 %
4.97 %
4.81 %
1.49 %
2.51 %
6.64 %
6.10 %
10.83 %
7.57 %
11.35 %
10.21 %
10.06 %
17.22 %
17.32 %
16.40 %
16.08 %
14.51 %
Government
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 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
27.53 %
28.32 %
30.27 %
29.24 %
28.61 %
26.44 %
26.92 %
26.83 %
26.00 %
24.22 %
23.86 %
25.66 %
25.64 %
25.03 %
25.93 %
24.94 %
24.97 %
23.75 %
23.75 %
23.98 %
22.30 %
22.62 %
19.50 %
20.22 %
20.53 %
28.31 %
28.20 %
Others
9.98 %
10.72 %
10.51 %
11.20 %
12.21 %
14.26 %
13.76 %
13.68 %
14.68 %
14.06 %
14.19 %
13.80 %
13.94 %
17.14 %
15.92 %
16.29 %
15.73 %
9.64 %
14.86 %
8.90 %
8.00 %
7.26 %
6.28 %
8.70 %
10.14 %
9.94 %
11.27 %
No of Share Holders
2,234
3,162
5,195
6,532
5,863
5,664
5,651
5,652
5,705
7,218
9,076
19,010
29,575
29,575
39,283
38,557
39,136
45,890
45,890
52,237
52,237
61,937
61,623
73,118
78,293
1,07,843
1,04,410

Dividend History

Annual Cash Flows 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Dividend Per Share (₹) 0.00 0.25 0.25 0.25 0.25 0.00 0.5 0.025 0.025 0.025
Dividend Yield (%) 0.00 0.69 1.1 3.47 0.63 0.00 0.65 0.02 0.02 0.03

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
21 Sept 2022 DIVIDEND Dividend
₹ 0.50 /share
20 Sept 2022 52.83 60.91
28 Jan 2023 SPLIT Split
1:10
17 Mar 2023 90.32 90.32
22 Sept 2023 DIVIDEND Dividend
₹ 0.03 /share
22 Sept 2023 76.21 87.55
14 Sept 2024 DIVIDEND Dividend
₹ 0.03 /share
13 Sept 2024 124.55 192.65
21 Sept 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
21 Sept 2024 193.55 205.24
06 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
06 Nov 2024 174.50 190.60
12 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
12 Feb 2025 128.60 119.15
26 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
26 May 2025 93.97 97.29
08 Aug 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
08 Aug 2025 91.25 87.96
20 Sept 2025 DIVIDEND Dividend
₹ 0.03 /share
19 Sept 2025 97.29 121.39
27 Sept 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
27 Sept 2025 87.98 115.39
12 Nov 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
12 Nov 2025 111.56 106.57

Announcements

Announcement under Regulation 30 (LODR)-Press Release / Media Release1 day ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome7 days ago
Announcement under Regulation 30 (LODR)-Monitoring Agency ReportNov 14, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeNov 13, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 13, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseNov 13, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationNov 12, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseNov 12, 2025
Results-Financial Results September 30 2025Nov 12, 2025
Board Meeting Outcome for OUTCOME OF THE BOARD MEEEETINGNov 12, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 11, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 09, 2025
Board Meeting Intimation for Approval Of Un-Audited Financial Results (Standalone And Consolidated) Of The Company For The Quarter & Half Year Ended September 30 2025 And Other Business Matters With Permission Of Chairman.Nov 05, 2025
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Oct 27, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 11, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseOct 01, 2025
Shareholder Meeting / Postal Ballot-Scrutinizers ReportSep 29, 2025
Closure of Trading WindowSep 27, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMSep 27, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseSep 22, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementSep 22, 2025
Announcement under Regulation 30 (LODR)-Credit RatingSep 11, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 04, 2025
Business Responsibility and Sustainability Reporting (BRSR)Sep 02, 2025
Reg. 34 (1) Annual Report.Sep 02, 2025
Notice Of 41St Annual General MeetingSep 02, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 01, 2025
Corporate Action-Board to consider DividendAug 30, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 13, 2025
Announcement under Regulation 30 (LODR)-Monitoring Agency ReportAug 12, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 10, 2025
Update W.R.T Statement Of Deviation For The Quarter Ended June 30 2025Aug 08, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 08, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationAug 08, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 08, 2025
FINANCIAL RESULTS FOR Q1FY26Aug 08, 2025
Board Meeting Outcome for OUTCOME OF BOARD MEETINGAug 08, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 05, 2025
Board Meeting Intimation for To Consider And Approve The Un-Audited Financial Results Of The Company For The Quarter Ended 30 June 2025.Jul 31, 2025
Announcement under Regulation 30 (LODR)-Credit RatingJul 19, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 09, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJul 01, 2025
Closure of Trading WindowJun 30, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeMay 31, 2025
Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 29, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 28, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeMay 26, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationMay 26, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMay 26, 2025
ANNUAL FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31 MARCH 2025May 26, 2025

Technical Indicators

RSI(14)
Neutral
36.47
ATR(14)
Volatile
4.36
STOCH(9,6)
Neutral
21.40
STOCH RSI(14)
Neutral
33.22
MACD(12,26)
Bearish
-0.71
ADX(14)
Strong Trend
32.58
UO(9)
Bearish
43.35
ROC(12)
Downtrend And Accelerating
-6.23
WillR(14)
Neutral
-69.85