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%
How much should you sell?
- 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%
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%
Valuation Key Factors 
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...
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
Technical Movement
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 quartersMOJO 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 quartersMOJO 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 quartersMOJO 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)






