Hi-Tech Pipes Ltd. (IN:HITECH)
:HITECH
HITECH Stock Chart & Stats
₹94.99
-₹2.61(-1.70%)
At close: 4:00 PM EST
₹94.99
-₹2.61(-1.70%)
Day’s Range― - ―
52-Week Range₹70.15 - ₹127.46
Previous CloseN/A
Volume120.59K
Average Volume (3M)333.05K
Market Cap
₹16.14B
Enterprise Value₹19.44B
Total Cash (Recent Filing)₹1.57B
Total Debt (Recent Filing)₹2.72B
Price to Earnings (P/E)27.4
Beta1.67
Next Earnings
May 11, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.03%
Share Statistics
EPS (TTM)1.05
Shares Outstanding203,107,730
10 Day Avg. Volume115,504
30 Day Avg. Volume333,048
Financial Highlights & Ratios
PEG Ratio1.14
Price to Book (P/B)1.48
Price to Sales (P/S)0.61
P/FCF Ratio-11.54
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)6.15
Revenue Forecast (FY)₹45.63B
Bulls Say, Bears Say
Bulls Say
Revenue Growth & Improving ProfitabilityHi‑Tech shows multi‑year top‑line growth with improving net margins and stable EBIT/EBITDA, indicating operational scalability and better cost management. These durable trends suggest the core tubular business is expanding market share and converting sales growth into incremental profit over time.
Improved Balance‑sheet Leverage And Equity BaseA stronger equity base and materially improved debt‑to‑equity increase financial flexibility and reduce refinancing risk. That structural improvement supports capacity to fund growth, absorb cyclical downturns, and maintain investment plans without immediate stress on liquidity or covenant breaches.
Operating Cash Flow RecoveryRising operating cash flow shows the core manufacturing operations increasingly convert earnings into cash, a durable indicator of business health. While capex drives negative FCF today, stronger OCF means investments are funded progressively from operations rather than solely from external financing.
Bears Say
Negative Free Cash Flow From Heavy CapexSustained negative free cash flow signals the company relies on external funding or equity to support expansion. Over months this can pressure liquidity, increase interest costs, and constrain dividend or buyback capacity unless capex delivers clear returns that boost margins and cash generation.
Thin Absolute MarginsLow gross and net margins reflect the commodity‑linked nature of steel tubulars and limited pricing power. These thin margins leave earnings vulnerable to raw material swings and freight/labor inflation, requiring consistently high throughput or favorable input pass‑through to sustain profitability.
Earnings Volatility And Modest ROEDeclining EPS alongside only modest ROE suggests earnings generation is uneven and capital returns are limited. Over the medium term this raises questions about reinvestment efficacy and whether incremental capex will translate into sufficiently higher returns for shareholders.
Hi-Tech Pipes Ltd. News
HITECH FAQ
What was Hi-Tech Pipes Ltd.’s price range in the past 12 months?
Hi-Tech Pipes Ltd. lowest stock price was ₹70.15 and its highest was ₹127.46 in the past 12 months.
What is Hi-Tech Pipes Ltd.’s market cap?
Hi-Tech Pipes Ltd.’s market cap is ₹16.14B.
When is Hi-Tech Pipes Ltd.’s upcoming earnings report date?
Hi-Tech Pipes Ltd.’s upcoming earnings report date is May 11, 2026 which is in 32 days.
How were Hi-Tech Pipes Ltd.’s earnings last quarter?
Hi-Tech Pipes Ltd. released its earnings results on Feb 07, 2026. The company reported ₹1.05 earnings per share for the quarter, beating the consensus estimate of N/A by ₹1.05.
Is Hi-Tech Pipes Ltd. overvalued?
According to Wall Street analysts Hi-Tech Pipes Ltd.’s price is currently Overvalued.
Does Hi-Tech Pipes Ltd. pay dividends?
Hi-Tech Pipes Ltd. pays a Annually dividend of ₹0.025 which represents an annual dividend yield of 0.03%. See more information on Hi-Tech Pipes Ltd. dividends here
What is Hi-Tech Pipes Ltd.’s EPS estimate?
Hi-Tech Pipes Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Hi-Tech Pipes Ltd. have?
Hi-Tech Pipes Ltd. has 203,107,730 shares outstanding.
What happened to Hi-Tech Pipes Ltd.’s price movement after its last earnings report?
Hi-Tech Pipes Ltd. reported an EPS of ₹1.05 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -0.984%.
Which hedge fund is a major shareholder of Hi-Tech Pipes Ltd.?
Currently, no hedge funds are holding shares in IN:HITECH
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Hi-Tech Pipes Ltd.
Hi-Tech Pipes Limited manufactures and sells steel products for infrastructure, constructions, automobiles, energy, agriculture, defense, engineering, and telecom industries in India. It offers ERW black steel pipes and tubes used in fencing, line pipes, scaffolding, water and gas conveyance, oil country tubular, hand pumps, collieries, thermal powers, telecom, automobiles, and agriculture sector; rectangular and hollow sections; galvanized and pre-galvanized steel pipes and tubes; metal beam crash barriers for applications, such as national highways, expressways, bridges and flyovers, embankments, mines, collieries, high density fast moving traffic areas in cities, motor racing/test drove tracks, village areas along highways, crash test sites, factory areas, traffic safety in airports, plants handling hazardous chemicals, and multi-story parking lots. The company also provides cold rolled sheets and strips used in precision tubes, containers, bicycles, furniture, color coating, galvanizing and tinning, and automobile industry to produce car body panels; and cold formed sections, as well as solar mounting structures and various other galvanized products. It operates through a network of approximately 200 distributors and 300 dealers. Hi-Tech Pipes Limited also exports its products. The company was formerly known as Ram Lal Harbans Lal Limited and changed its name to Hi-Tech Pipes Limited in October 1986. Hi-Tech Pipes Limited was incorporated in 1985 and is headquartered in New Delhi, India.
Technical Analysis
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