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
Underperformed the market in the last 1 year
- Even though the market (BSE500) has generated returns of 2.12% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -39.74% returns
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
-39.68%
-0.96
41.15%
Sensex
4.83%
0.41
11.83%
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%
Valuation Key Factors 
Factor
Value
P/E Ratio
25
Industry P/E
28
Price to Book Value
1.53
EV to EBIT
15.32
EV to EBITDA
13.09
EV to Capital Employed
1.49
EV to Sales
0.67
PEG Ratio
2.63
Dividend Yield
0.02%
ROCE (Latest)
9.70%
ROE (Latest)
6.00%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
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 quartersMOJO 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 quartersMOJO 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 quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income






