Hi-Tech Pipes , a leading manufacturer of ERW steel pipes and related products, has reported record-breaking sales volumes for both the second quarter (Q2) and the first half (H1) of the financial year 2025-26. The company's performance showcases its strong market presence and resilience in the face of seasonal challenges.

Q2 FY26 Performance

Hi-Tech Pipes achieved a sales volume of 125,218.00 metric tonnes (MT) in Q2 FY26, marking a year-on-year increase from 123,027.00 MT in Q2 FY25. This growth demonstrates the company's ability to expand its market share and meet customer demand effectively.

H1 FY26 Results

For the first half of FY26, Hi-Tech Pipes reported an impressive sales volume of 249,245.00 MT, up from 245,182.00 MT in H1 FY25. This consistent growth over a six-month period underscores the company's strong performance and market position.

Management Commentary

Ajay Kumar Bansal, Chairman & Managing Director of Hi-Tech Pipes, expressed his satisfaction with the company's performance, stating, "We are delighted to share that Hi-Tech Pipes has delivered its highest ever sales volume in Q2 and H1 FY26. This achievement, despite the extended monsoon season which traditionally impacts demand and logistics, underscores the resilience of our business model and the strength of our market presence."

Mr. Bansal also highlighted the company's ongoing expansion efforts, noting, "With capacity expansion projects almost nearing the completion stage, we are confident of delivering impressive volume growth in the foreseeable future."

Company Overview

Hi-Tech Pipes has been a prominent player in the steel processing industry for nearly four decades. The company specializes in manufacturing a wide range of products, including:

• Steel pipes
• Hollow sections
• Tubes
• Cold rolled coils & strips
• Road crash barriers
• Solar mounting structures
• GP/GC Sheets
• Color Coated Coils
• Various galvanized products

With six state-of-the-art integrated manufacturing facilities located in Sikandrabad (UP), Sanand (Gujarat), Hindupur (AP), and Khopoli (Maharashtra), Hi-Tech Pipes boasts a consolidated installed capacity of 750,000.00 MTPA. The company aims to reach a capacity of 1 million tonnes in FY26, further solidifying its position in the market.

Hi-Tech Pipes has established a strong distribution network, with a direct marketing presence in over 20 states and more than 550 dealers and distributors across India. This extensive reach has contributed to the company's ability to achieve record sales volumes and maintain its growth trajectory.

Hi-Tech Pipes Limited, a prominent player in the building materials sector, has announced a significant addition to its leadership team. The company has appointed Mr. Nehal Shah as its new Chief Strategy Officer (CSO), effective September 22, 2025. This strategic move aims to bolster the company's growth trajectory and market positioning.

Appointment Details

The appointment of Mr. Shah was approved by Hi-Tech Pipes' Board of Directors, following a recommendation from the Nomination and Remuneration Committee. As per the company's filing with the National Stock Exchange of India Limited and BSE Limited, Mr. Shah will be designated as a Senior Management Person (SMP).

Professional Background

Mr. Nehal Shah brings a wealth of experience to his new role at Hi-Tech Pipes:

• Education: Commerce Graduate (B.Com) and qualified Chartered Accountant
• Experience: Over two decades in equity research, corporate strategy, and industry analysis
• Expertise: Specialized knowledge in the building materials sector
• Previous Roles: Held senior positions at renowned organizations including Kajaria Ceramics, Century Plyboards, and ICICI Securities

Expected Contributions

With his extensive background, Mr. Shah is poised to make significant contributions to Hi-Tech Pipes:

1. Business Growth: Leveraging his industry insights to drive expansion
2. Market Positioning: Enhancing the company's standing in the competitive building materials sector
3. Long-term Value Creation: Developing strategies for sustainable growth and shareholder value

Company's Perspective

The appointment of Mr. Shah as CSO aligns with Hi-Tech Pipes' commitment to strengthening its leadership team with experienced professionals. This strategic move is expected to bring fresh perspectives and innovative strategies to the company's operations and future plans.

Hi-Tech Pipes Limited continues to demonstrate its focus on strategic growth and market leadership in the building materials industry.

As the company embarks on this new chapter with Mr. Nehal Shah at the helm of its strategic initiatives, stakeholders will be keenly watching the potential impact on Hi-Tech Pipes' future trajectory in the dynamic building materials market.