Hi-Tech Pipes

  • Market Cap: Small Cap
  • Industry: Iron & Steel Products
  • ISIN: INE106T01025
  • NSEID: HITECH
  • BSEID: 543411
INR
82.80
1.63 (2.01%)
BSENSE

Mar 06

BSE+NSE Vol: 8.19 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
Venus Pipes
Mahamaya Steel
Rhetan TMT Ltd
Manaksia Coated
Hariom Pipe
JTL Industries
Bharat Wire
Rama Steel Tubes
Welspun Special.
Hi-Tech Pipes
MSP Steel & Pow.

Why is Hi-Tech Pipes Ltd ?

1
Poor long term growth as Operating profit has grown by an annual rate 19.02% of over the last 5 years
2
Negative results in Dec 25
  • INTEREST(Latest six months) At Rs 24.02 cr has Grown at 66.57%
  • ROCE(HY) Lowest at 8.89%
  • OPERATING PROFIT TO INTEREST (Q) Lowest at 3.42 times
3
Below par performance in long term as well as near term
  • Along with generating -26.40% 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
-26.4%
-0.69
37.99%
Sensex
6.16%
0.52
11.74%
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)
22.56%
EBIT Growth (5y)
19.02%
EBIT to Interest (avg)
2.75
Debt to EBITDA (avg)
2.80
Net Debt to Equity (avg)
0.09
Sales to Capital Employed (avg)
2.92
Tax Ratio
25.54%
Dividend Payout Ratio
0.70%
Pledged Shares
3.44%
Institutional Holding
17.27%
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
22
Industry P/E
27
Price to Book Value
1.29
EV to EBIT
12.98
EV to EBITDA
11.08
EV to Capital Employed
1.27
EV to Sales
0.52
PEG Ratio
1.50
Dividend Yield
0.02%
ROCE (Latest)
9.70%
ROE (Latest)
6.00%
Loading Valuation Snapshot...
stock-recommendationTechnicals

Technical key factors

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

At Rs 1,069.59 cr has Grown at 40.55%

-12What is not working for the Company
INTEREST(Latest six months)

At Rs 24.02 cr has Grown at 66.57%

ROCE(HY)

Lowest at 8.89%

OPERATING PROFIT TO INTEREST (Q)

Lowest at 3.42 times

PBT LESS OI(Q)

Lowest at Rs 22.96 cr.

PAT(Q)

At Rs 17.39 cr has Fallen at -9.2%

EPS(Q)

Lowest at Rs 0.86

Loading Valuation Snapshot...

Here's what is working for Hi-Tech Pipes

Net Sales - Quarterly
At Rs 1,069.59 cr has Grown at 40.55%
Year on Year (YoY)
MOJO Watch
Near term sales trend is very positive

Net Sales (Rs Cr)

Net Sales - Quarterly
Highest at Rs 1,069.59 cr
in the last five quarters
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

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

Interest - Latest six months
At Rs 24.02 cr has Grown at 66.57%
over previous Half yearly period
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)

Operating Profit to Interest - Quarterly
Lowest at 3.42 times
in the last five quarters
MOJO Watch
The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs 22.96 cr.
in the last five quarters
MOJO Watch
Near term PBT trend is negative

PBT less Other Income (Rs Cr)

Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 22.96 cr has Fallen at -8.93%
Year on Year (YoY)
MOJO Watch
Near term PBT trend is negative

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly
At Rs 17.39 cr has Fallen at -9.2%
Year on Year (YoY)
MOJO Watch
Near term PAT trend is negative

PAT (Rs Cr)

Earnings per Share (EPS) - Quarterly
Lowest at Rs 0.86
in the last five quarters
MOJO Watch
Declining profitability; company has created lower earnings for shareholders

EPS (Rs)