Hi-Tech Pipes

  • Market Cap: Small Cap
  • Industry: Iron & Steel Products
  • ISIN: INE106T01025
  • NSEID: HITECH
  • BSEID: 543411
INR
80.50
-4.55 (-5.35%)
BSENSE

Jan 20

BSE+NSE Vol: 10.74 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

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Comparison

Company
Score
Quality
Valuation
Financial
Technical
Manaksia Coated
Venus Pipes
Rhetan TMT Ltd
Mahamaya Steel
Aeroflex
Hi-Tech Pipes
Hariom Pipe
Bharat Wire
Welspun Special.
Rama Steel Tubes
MSP Steel & Pow.

Why is Hi-Tech Pipes Ltd ?

1
Flat results in Sep 25
  • ROCE(HY) Lowest at 8.89%
  • INTEREST(Q) At Rs 11.77 cr has Grown at 50.51%
2
Falling Participation by Institutional Investors
  • Institutional investors have decreased their stake by -0.88% over the previous quarter and collectively hold 16.9% of the company
  • These investors have better capability and resources to analyse fundamentals of companies than most retail investors
3
Below par performance in long term as well as near term
  • Along with generating -41.18% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
stock-recommendationReal-Time Research Report

Verdict Report

How much should you sell?

  1. All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Iron & Steel Products)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Hi-Tech Pipes for you?

High Risk, Low Return

Absolute
Risk Adjusted
Volatility
Hi-Tech Pipes
-41.18%
-1.09
37.93%
Sensex
6.63%
0.59
11.31%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
22.41%
EBIT Growth (5y)
22.16%
EBIT to Interest (avg)
2.76
Debt to EBITDA (avg)
2.80
Net Debt to Equity (avg)
0.09
Sales to Capital Employed (avg)
2.92
Tax Ratio
25.55%
Dividend Payout Ratio
0.70%
Pledged Shares
3.44%
Institutional Holding
16.90%
ROCE (avg)
12.91%
ROE (avg)
10.52%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
21
Industry P/E
29
Price to Book Value
1.26
EV to EBIT
12.76
EV to EBITDA
10.90
EV to Capital Employed
1.24
EV to Sales
0.56
PEG Ratio
2.16
Dividend Yield
0.02%
ROCE (Latest)
9.70%
ROE (Latest)
6.00%
Loading Valuation Snapshot...
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
Mildly Bearish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

5What is working for the Company
PAT(9M)

At Rs 58.81 cr has Grown at 24.36%

NET SALES(Q)

Highest at Rs 858.77 cr

PBDIT(Q)

Highest at Rs 44.33 cr.

-6What is not working for the Company
ROCE(HY)

Lowest at 8.89%

INTEREST(Q)

At Rs 11.77 cr has Grown at 50.51%

Loading Valuation Snapshot...

Here's what is working for Hi-Tech Pipes

Profit After Tax (PAT) - Nine Monthly
At Rs 58.81 cr has Grown at 24.36%
Year on Year (YoY)
MOJO Watch
Near term PAT trend is positive

PAT (Rs Cr)

Net Sales - Quarterly
Highest at Rs 858.77 cr
in the last five quarters
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Net Sales - Quarterly
At Rs 858.77 cr has Grown at 21.66%
Year on Year (YoY)
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Operating Profit (PBDIT) - Quarterly
Highest at Rs 44.33 cr.
in the last five quarters
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (Rs Cr)

Here's what is not working for Hi-Tech Pipes

Interest - Quarterly
At Rs 11.77 cr has Grown at 50.51%
Quarter on Quarter (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)

Non Operating Income - Quarterly
Highest at Rs 1.15 cr
in the last five quarters
MOJO Watch
Increased income from non business activities may not be sustainable

Non Operating Income