Why is Hi-Tech Pipes Ltd ?
1
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
2
Below par performance in long term as well as near term
- Along with generating -34.75% 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
-34.75%
-0.89
39.01%
Sensex
7.97%
0.69
11.53%
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%
Valuation Key Factors 
Factor
Value
P/E Ratio
23
Industry P/E
29
Price to Book Value
1.34
EV to EBIT
13.36
EV to EBITDA
11.40
EV to Capital Employed
1.31
EV to Sales
0.54
PEG Ratio
1.55
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
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
No Trend
Mildly Bearish
Technical Movement
5What is working for the Company
NET SALES(Q)
Highest at Rs 1,069.59 cr
-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 quartersMOJO 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 periodMOJO 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 quartersMOJO 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 quartersMOJO 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 quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)






