How has been the historical performance of Hi-Tech Pipes?

Answer:The historical performance of Hi-Tech Pipes shows significant growth in net sales and profitability over the years.

Breakdown:
Hi-Tech Pipes has demonstrated a strong upward trend in net sales, increasing from 1,209.62 Cr in Mar'20 to 3,067.64 Cr in Mar'25. This growth is accompanied by a rise in total operating income, which reached 3,067.64 Cr in Mar'25, up from 2,699.29 Cr in Mar'24. The company's total expenditure also rose, but at a slower pace, leading to an operating profit (PBDIT) of 161.92 Cr in Mar'25, compared to 116.04 Cr in Mar'24. Profit before tax increased to 97.99 Cr in Mar'25 from 58.69 Cr in Mar'24, resulting in a profit after tax of 72.95 Cr, up from 43.93 Cr. The earnings per share rose to 3.59 in Mar'25 from 2.93 in Mar'24, reflecting improved profitability. On the balance sheet, total assets grew significantly from 567.75 Cr in Mar'20 to 1,755.66 Cr in Mar'25, while total liabilities also increased, but the company's net current assets improved to 606.03 Cr in Mar'25. Cash flow from operating activities turned positive at 69.00 Cr in Mar'25, contrasting with a negative cash flow in the previous year, indicating better operational efficiency. Overall, Hi-Tech Pipes has shown robust growth in sales, profits, and asset management over the years.