Hi-Tech Pipes

Why is Hi-Tech Pipes Ltd falling/rising?

As of 02-Sep, Hi-Tech Pipes Ltd is experiencing a decline in its stock price to Rs 76.90, reflecting a significant underperformance compared to the broader market and declining investor interest. Factors such as a year-to-date drop of -16.50% and reduced trading volumes contribute to the negative sentiment surrounding the stock.

As of 02-Sep, Hi-Tech Pipes Ltd is experiencing a decline in its stock price, currently at Rs 76.90, which reflects a change of -2.84 (-3.56%). This downward movement can be attributed to several factors highlighted in the provided data. <BR><BR>Firstly, the stock has underperformed significantly compared to the broader market, with a 1-week decline of -6.02% against a -1.17% drop in the Sensex. Over the past month, the stock has decreased by -9.27%, while the Sensex has only fallen by -1.95%. Year-to-date, Hi-Tech Pipes has seen a decline of -16.50%, compared to a -10.15% decrease in the Sensex, indicating a persistent trend of underperformance.<BR><BR>Today's trading performance further illustrates this decline, as the stock underperformed its sector by -4.29%. It reached an intraday low of Rs 76.1, marking a decrease of -4.56%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend.<BR><BR>Investor participation has also waned, with delivery volume dropping by -47.41% compared to the 5-day average, indicating reduced interest from investors. Although the stock has a relatively attractive valuation with a return on capital employed (ROCE) of 9.7 and is trading at a discount compared to its peers, the overall sentiment remains negative due to flat results and declining profits, which have fallen by -0.7% over the past year.<BR><BR>In summary, the combination of significant underperformance against market benchmarks, declining investor participation, and flat financial results contributes to the falling stock price of Hi-Tech Pipes Ltd.

Which are the latest news on Hi-Tech Pipes?

Who are in the management team of Hi-Tech Pipes?

The management team of Hi-Tech Pipes includes Ajay Kumar Bansal (Chairman & Managing Director), Anish Bansal (Whole-time Director), Arun Kumar (Company Secretary), and four Independent Directors: Vivek Goyal, P K Saxena, Neerja Kumar, and Mukesh Kumar Garg. They oversee the company's operations and strategic direction.

The management team of Hi-Tech Pipes includes the following key members:<BR><BR>1. **Ajay Kumar Bansal** - Chairman & Managing Director<BR>2. **Anish Bansal** - Whole-time Director<BR>3. **Arun Kumar** - Company Secretary<BR>4. **Vivek Goyal** - Independent Director<BR>5. **P K Saxena** - Independent Director<BR>6. **Neerja Kumar** - Independent Director<BR>7. **Mukesh Kumar Garg** - Independent Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

What does Hi-Tech Pipes do?

Hi-Tech Pipes Ltd, established in 1985, operates in the Iron & Steel Products industry as a Small Cap company, reporting net sales of 1,413 Cr and a net profit of 20 Cr for June 2026. The company has a market cap of INR 1,645 Cr and key metrics include a P/E of 21.00 and a dividend yield of 0.02%.

Overview:<BR>Hi-Tech Pipes Ltd is a company operating in the Iron & Steel Products industry, classified as a Small Cap.<BR><BR>History:<BR>Incorporated in 1985, the company was converted to a Public Limited status and renamed Hi-Tech Pipes Limited in October 1986. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 1,413 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 20 Cr (Quarterly Results - Jun 2026)<BR>- Market Cap: INR 1,645 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 21.00<BR>- Industry P/E: 25<BR>- Dividend Yield: 0.02%<BR>- Debt Equity: 0.14<BR>- Return on Equity: 5.71%<BR>- Price to Book: 1.25<BR><BR>Contact Details:<BR>Address: 505 Pearl Omaxe Tower Netaji, Subhash Place Pitampura New Delhi New Delhi : 110034<BR>Tel: 91-11-48440050<BR>Email: info@hitechpipes.in<BR>Website: http://www.hitechpipes.in

Who are the peers of the Hi-Tech Pipes?

Hi-Tech Pipes' peers include Mahamaya Steel, MSP Steel & Pow., Aeroflex Enterprises, Rhetan TMT Ltd, Steel Exchange, Manaksia Coated, Electrotherm(I), and Bharat Wire. In terms of performance, Mahamaya Steel leads with a 1-year return of 315.48%, while Hi-Tech Pipes has a return of -8.28%.

Peers: The peers of Hi-Tech Pipes are Mahamaya Steel, MSP Steel & Pow., Aeroflex Enter., Rhetan TMT Ltd, Steel Exchange, Manaksia Coated, Electrotherm(I), and Bharat Wire.<BR><BR>Quality Snapshot: Excellent management risk is observed at Aeroflex Enter., while Good management risk is found at Hi-Tech Pipes. Average management risk is present at Manaksia Coated, and the rest. Below Average management risk is seen at Mahamaya Steel, MSP Steel & Pow., Rhetan TMT Ltd, Steel Exchange, and Bharat Wire. Growth is Good at Aeroflex Enter., Average at Hi-Tech Pipes, and Below Average at Mahamaya Steel, MSP Steel & Pow., Rhetan TMT Ltd, Steel Exchange, Manaksia Coated, and the rest. Capital Structure is Excellent at Aeroflex Enter., Average at Hi-Tech Pipes, and Below Average at Mahamaya Steel, MSP Steel & Pow., Rhetan TMT Ltd, Steel Exchange, Manaksia Coated, Bharat Wire, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Mahamaya Steel at 315.48%, while the peer with the lowest is Hi-Tech Pipes at -8.28%. Hi-Tech Pipes' 1-year return is significantly lower than that of Mahamaya Steel. Additionally, Rhetan TMT Ltd and Bharat Wire have negative six-month returns.

How big is Hi-Tech Pipes?

As of 31st August, Hi-Tech Pipes Ltd has a market capitalization of 1,645.00 Cr, with net sales of 4,821.52 Cr and a net profit of 75.29 Cr reported in the latest four quarters.

As of 31st August, Hi-Tech Pipes Ltd has a market capitalization of 1,645.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Hi-Tech Pipes reported net sales of 4,821.52 Cr and a net profit of 75.29 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with shareholder's funds amounting to 1,257.35 Cr and total assets of 1,755.66 Cr.

Should I buy, sell or hold Hi-Tech Pipes Ltd?

When is the next results date for Hi-Tech Pipes Ltd?

The next results date for Hi-Tech Pipes Ltd is 12 August 2026.

The next results date for Hi-Tech Pipes Ltd is scheduled for 12 August 2026.

Are Hi-Tech Pipes Ltd latest results good or bad?

Hi-Tech Pipes Ltd's latest results show strong revenue growth with net sales up 101.76% year-on-year, but profit margins have stagnated, and operating margins have decreased significantly, indicating operational challenges. Overall, while revenue is impressive, the mixed financial performance suggests caution for investors.

Hi-Tech Pipes Ltd's latest results present a mixed picture. On one hand, the company achieved remarkable revenue growth, with net sales reaching ₹1,480.36 crores in Q4 FY26, marking a significant 101.76% increase year-on-year and a 38.40% increase quarter-on-quarter. This reflects strong demand, particularly from the infrastructure and construction sectors.<BR><BR>However, the profit margins tell a different story. The net profit for the quarter was ₹17.60 crores, which represents a slight increase of 1.21% from the previous quarter but a decline of 0.17% compared to the same quarter last year. This stagnation in profit growth, despite the substantial revenue increase, raises concerns about the company's operational efficiency and pricing power in a competitive market.<BR><BR>Additionally, the operating margin has decreased significantly, falling to 3.13% from 4.76% a year ago. The rising interest costs, which surged by 138.33% year-on-year, further complicate the financial outlook, indicating increased financial pressure on the company.<BR><BR>In summary, while Hi-Tech Pipes Ltd has demonstrated strong revenue growth, the inability to translate this into improved profitability and the challenges with margin compression suggest that the results are not entirely positive. Investors may need to be cautious, as the company faces significant operational challenges despite its revenue achievements.

Is Hi-Tech Pipes technically bullish or bearish?

As of December 4, 2025, the market trend is mildly bearish, indicated by bearish signals from the weekly MACD and Bollinger Bands, despite some conflicting bullish signals from the KST and daily moving averages.

As of 4 December 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD and Bollinger Bands both indicating bearish conditions. The monthly MACD is mildly bearish, while the KST shows a conflicting bullish signal on the weekly timeframe. The daily moving averages are mildly bullish, but overall, the OBV is mildly bearish on both weekly and monthly charts. The lack of clear signals from the RSI and Dow Theory further supports a neutral outlook in the absence of strong bullish indicators.

Is Hi-Tech Pipes overvalued or undervalued?

As of December 1, 2025, Hi-Tech Pipes is considered undervalued with a PE ratio of 25.99 and an attractive valuation compared to peers like JSW Steel and Tata Steel, despite a year-to-date return of -37.5% against the Sensex.

As of 1 December 2025, Hi-Tech Pipes has moved from a fair to an attractive valuation grade, indicating a shift in perception regarding its market value. The company appears to be undervalued based on its current metrics. Key ratios include a PE ratio of 25.99, an EV to EBITDA of 13.34, and a Price to Book Value of 1.56, which suggest that the stock is priced reasonably compared to its earnings and asset value.<BR><BR>In comparison to its peers, Hi-Tech Pipes has a lower PE ratio than JSW Steel, which stands at 46.43, and a similar EV to EBITDA ratio to Jindal Steel at 12.74, both of which highlight its relative attractiveness. Additionally, while Tata Steel is also rated as attractive with a PE of 28.28, Hi-Tech Pipes offers a more favorable valuation at this time. Despite recent underperformance against the Sensex, with a year-to-date return of -37.5% compared to the Sensex's 9.60%, the current valuation metrics suggest that Hi-Tech Pipes presents a compelling investment opportunity.

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

Hi-Tech Pipes has shown significant growth in financial performance, with net sales increasing from 1,209.62 Cr in March 2020 to 3,067.64 Cr in March 2025, and profit after tax rising from 20.39 Cr to 72.95 Cr during the same period. The company's total assets also expanded from 567.75 Cr to 1,755.66 Cr, indicating a strong upward trend overall.

Answer:<BR>The historical performance of Hi-Tech Pipes shows a significant upward trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>Hi-Tech Pipes has demonstrated robust growth in net sales, increasing from 1,209.62 Cr in March 2020 to 3,067.64 Cr in March 2025. This growth is reflected in total operating income, which rose from 1,360.42 Cr in March 2019 to 3,067.64 Cr in March 2025. The company's total expenditure also increased, reaching 2,907.61 Cr in March 2025, up from 1,150.39 Cr in March 2020. Operating profit (PBDIT) has shown a positive trend, climbing from 60.48 Cr in March 2020 to 161.92 Cr in March 2025, while profit before tax increased from 23.87 Cr to 97.99 Cr in the same period. Consequently, profit after tax rose from 20.39 Cr in March 2020 to 72.95 Cr in March 2025. The company's total assets expanded significantly, from 567.75 Cr in March 2020 to 1,755.66 Cr in March 2025, while total liabilities also increased from 312.08 Cr to 191.52 Cr. Cash flow from operating activities improved, reaching 69.00 Cr in March 2025, compared to a negative cash flow of 95.00 Cr in March 2024. Overall, Hi-Tech Pipes has shown a strong upward trajectory in its financial performance over the years.

Who are the top shareholders of the Hi-Tech Pipes?

The top shareholders of Hi-Tech Pipes include promoters, with Ajay Kumar Bansal holding 10.51%, mutual funds at 11.78%, 39 foreign institutional investors (FIIs) with 8.96%, and individual investors at 20.53%. The highest public shareholder is Bandhan Small Cap Fund, owning 5.61%.

The top shareholders of Hi-Tech Pipes include a mix of promoters, mutual funds, foreign institutional investors (FIIs), and individual investors. The majority shareholders are the promoters, with Ajay Kumar Bansal holding the highest individual stake at 10.51%. Mutual funds collectively hold 11.78% through six schemes, while 39 FIIs own 8.96% of the company. The highest public shareholder is Bandhan Small Cap Fund, which holds 5.61%. Additionally, individual investors account for 20.53% of the total holdings.

Has Hi-Tech Pipes declared dividend?

Hi-Tech Pipes Ltd has declared a 2% dividend, amounting to ₹0.02 per share, with an ex-date of September 22, 2023. Despite the dividend declaration, the dividend yield is 0%, and total returns have varied significantly, showing negative returns in the short term and positive returns over the longer term.

Hi-Tech Pipes Ltd has declared a 2% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 2%<BR>- Amount per share: 0.02<BR>- Ex-date: 22 Sep 23<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -39.28%, with a dividend return of 0%, resulting in a total return of -39.28%.<BR><BR>Over the past year, the price return was -14.49%, with a dividend return of 0%, leading to a total return of -14.49%.<BR><BR>In the last 2 years, the price return was 26.07%, with a dividend return of 0.03%, resulting in a total return of 26.1%.<BR><BR>For the 3-year period, the price return was 106.03%, with a dividend return of 1.29%, leading to a total return of 107.32%.<BR><BR>Over the past 4 years, the price return was 0%, with a dividend return of 0%, resulting in a total return of 0.0%.<BR><BR>In the last 5 years, the price return was 0%, with a dividend return of 0%, leading to a total return of 0.0%.<BR><BR>Overall, Hi-Tech Pipes has declared a dividend, but the dividend yield remains at 0%. The total returns show significant fluctuations, with negative returns in the shorter periods and positive returns in the longer term, particularly over the 3-year period.