Hi-Tech Pipes

  • Market Cap: Small Cap
  • Industry: Iron & Steel Products
  • ISIN: INE106T01025
  • NSEID: HITECH
  • BSEID: 543411
INR
85.15
-1.88 (-2.16%)
BSENSE

Jun 08, 03:30 PM

BSE+NSE Vol: 6.61 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

Comparison

Company
Score
Quality
Valuation
Financial
Technical
JTL Industries
BMW Industries
Venus Pipes
Rhetan TMT Ltd
MSP Steel & Pow.
Bharat Wire
Vardhman Special
Steel Exchange
Hariom Pipe
Hi-Tech Pipes
Mahamaya Steel

Why is Hi-Tech Pipes Ltd ?

1
Flat results in Mar 26
  • OPERATING PROFIT TO INTEREST(Q) Lowest at 2.94 times
  • INTEREST(Q) Highest at Rs 15.73 cr
2
Underperformed the market in the last 1 year
  • Even though the market (BSE500) generated negative returns of -4.58% in the last 1 year, its fall in the stock was much higher with a return of -17.18%
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
-17.31%
-0.43
40.25%
Sensex
-10.54%
-0.81
13.06%
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)
25.66%
EBIT Growth (5y)
18.57%
EBIT to Interest (avg)
2.74
Debt to EBITDA (avg)
2.54
Net Debt to Equity (avg)
0.14
Sales to Capital Employed (avg)
2.91
Tax Ratio
24.93%
Dividend Payout Ratio
0.70%
Pledged Shares
13.56%
Institutional Holding
17.08%
ROCE (avg)
12.59%
ROE (avg)
8.99%
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
23
Industry P/E
27
Price to Book Value
1.34
EV to EBIT
13.42
EV to EBITDA
11.33
EV to Capital Employed
1.30
EV to Sales
0.47
PEG Ratio
5.29
Dividend Yield
0.02%
ROCE (Latest)
9.67%
ROE (Latest)
5.71%
Loading Valuation Snapshot...
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Bearish
Moving Averages
Bearish (Daily)
KST
Bullish
Bearish
Dow Theory
No Trend
No Trend
OBV
No Trend
Mildly Bullish
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

13What is working for the Company
NET SALES(9M)

Higher at Rs 3,408.72 cr

PBDIT(Q)

Highest at Rs 46.31 cr.

-15What is not working for the Company
OPERATING PROFIT TO INTEREST(Q)

Lowest at 2.94 times

INTEREST(Q)

Highest at Rs 15.73 cr

Loading Valuation Snapshot...

Here's what is working for Hi-Tech Pipes

Net Sales - Quarterly
At Rs 1,480.36 cr has Grown at 101.76%
Year on Year (YoY)
MOJO Watch
Near term sales trend is very positive

Net Sales (Rs Cr)

Net Sales - Quarterly
Highest at Rs 1,480.36 cr and Grown
each quarter in the last five quarters
MOJO Watch
Near term sales trend is very positive

Net Sales (Rs Cr)

Operating Profit (PBDIT) - Quarterly
Highest at Rs 46.31 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

Operating Profit to Interest - Quarterly
Lowest at 2.94 times and Fallen
each quarter in the last five quarters
MOJO Watch
The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Interest - Quarterly
At Rs 15.73 cr has Grown at 28.41%
Quarter on Quarter (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)

Interest - Quarterly
Highest at Rs 15.73 cr
in the last five quarters and Increased by 28.41 % (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)