Hi-Tech Pipes Limited , one of India's leading manufacturers of ERW steel tubes and pipes, has announced record-breaking sales volume performance for the quarter ended March 31, 2026 (Q4FY26). The company achieved its highest ever quarterly sales volume, demonstrating strong operational efficiency and market presence.

Record-Breaking Q4FY26 Performance

The company's sales volume performance for Q4FY26 showcased exceptional growth across multiple metrics:

The quarterly sales volume of 1,47,125 MT represents the highest ever achieved by the company, marking a substantial 27% year-on-year increase from the previous year's corresponding quarter.

Full Year FY26 Achievement

The company's annual performance for FY26 also reached new heights, establishing another milestone in its operational history:

The full year sales volume of 5,32,437 MT represents the highest ever annual sales volume achieved by Hi-Tech Pipes Limited, reflecting approximately 10% growth over the previous fiscal year.

Management Commentary

Mr. Ajay Kumar Bansal, Managing Director of Hi-Tech Pipes Limited, expressed satisfaction with the company's strong operational performance. He emphasized that the Q4FY26 results demonstrate the company's focus on operational efficiency, capacity utilization, and strengthening market presence. The management remains optimistic about the demand outlook and believes the company is well-positioned to sustain this growth momentum going forward.

Company Overview

Hi-Tech Pipes Limited operates as one of India's leading steel processing companies with nearly four decades of experience. The company maintains a diversified product portfolio including:

• Steel pipes, hollow sections, and tubes
• Cold rolled coils and strips
• Road crash barriers and solar mounting structures
• GP/GC Sheets and Color Coated Coils
• Various galvanized products

The company operates six state-of-the-art integrated manufacturing facilities located across Sikandrabad (UP), Sanand (Gujarat), Hindupur (AP), Khopoli (Maharashtra), and Jammu (J&K), with a consolidated installed capacity of 10,50,000 MTPA. Hi-Tech Pipes maintains direct marketing presence in over 20 states through more than 550 dealers and distributors across India.

Hi-tech pipes Limited has announced the acquisition of 100% stake in Sain Software Systems Private Limited for Rs. 25.77 crore, following board approval on 31-03-2026. The acquisition was approved based on the recommendation of the Audit Committee and will result in Sain Software becoming a wholly owned subsidiary of the company.

Acquisition Details

The acquisition is structured as a cash transaction valued at Rs. 25.77 crore, based on a valuation report from an independent registered valuer. The primary objective is to acquire land and building owned by the target company for use as office premises to support current operational and future administrative requirements.

Target Company Profile

Sain Software Systems Private Limited is incorporated under the Companies Act, 2013 with its registered office at A-455, Basement, Defence Colony, New Delhi, 110020. The company was incorporated on 16/09/2006 and is engaged in providing information technology services.

Financial Structure

Revenue Performance

The target company has reported nil turnover for the past three financial years:

Strategic Rationale

The acquisition serves multiple strategic purposes for Hi-Tech Pipes. The primary objective is to secure office premises for captive use, providing long-term strategic value and efficient resource utilization. Post-acquisition, the target company will be rebranded and aligned with Hi-Tech Pipes' steel pipe business operations to achieve better operational synergy and brand consistency.

Related Party Considerations

Except for the directorship of Mr. Ajay Kumar Bansal in the target company, there are no other interests in Sain Software Systems. The proposed acquisition is being undertaken on an arm's length basis, ensuring compliance with regulatory requirements.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. No governmental or regulatory approvals are required for this acquisition, and the transaction is expected to be completed immediately or within a maximum period of 90 days.