Why is Hi-Tech Pipes Ltd ?
1
Flat results in Jun 26
- INTEREST(Latest six months) At Rs 31.40 cr has Grown at 30.72%
2
Below par performance in long term as well as near term
- Along with generating -17.40% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
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
-17.55%
-0.41
43.04%
Sensex
-5.48%
-0.41
13.39%
Quality key factors
Factor
Value
Sales Growth (5y)
25.13%
EBIT Growth (5y)
15.58%
EBIT to Interest (avg)
2.79
Debt to EBITDA (avg)
2.54
Net Debt to Equity (avg)
0.14
Sales to Capital Employed (avg)
2.91
Tax Ratio
24.69%
Dividend Payout Ratio
0.70%
Pledged Shares
13.00%
Institutional Holding
17.23%
ROCE (avg)
12.59%
ROE (avg)
8.99%
Valuation Key Factors 
Factor
Value
P/E Ratio
20
Industry P/E
25
Price to Book Value
1.15
EV to EBIT
11.16
EV to EBITDA
9.40
EV to Capital Employed
1.13
EV to Sales
0.35
PEG Ratio
NA
Dividend Yield
0.03%
ROCE (Latest)
9.67%
ROE (Latest)
5.71%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bullish
No Trend
Technical Movement
11What is working for the Company
NET SALES(Q)
At Rs 1,412.80 cr has Grown at 78.53%
PBDIT(Q)
Highest at Rs 49.38 cr.
-7What is not working for the Company
INTEREST(Latest six months)
At Rs 31.40 cr has Grown at 30.72%
Loading Valuation Snapshot...
Here's what is working for Hi-Tech Pipes
Net Sales - Quarterly
At Rs 1,412.80 cr has Grown at 78.53%
Year on Year (YoY)MOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 49.38 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 - Latest six months
At Rs 31.40 cr has Grown at 30.72%
over previous Half yearly periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)






