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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
₹17.50B
Enterprise Value₹20.43B
Total Cash (Recent Filing)₹1.57B
Total Debt (Recent Filing)₹2.72B
Price to Earnings (P/E)22.8
Beta1.73
Next Earnings
Aug 07, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.03%
Share Statistics
EPS (TTM)4.12
Shares Outstanding203,107,730
10 Day Avg. Volume115,504
30 Day Avg. Volume333,048
Financial Highlights & Ratios
PEG Ratio-3.57
Price to Book (P/B)1.07
Price to Sales (P/S)0.34
P/FCF Ratio-6.71
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)4.1
Revenue Forecast (FY)₹45.17B
Bulls Say, Bears Say
Bulls Say
Strong Revenue GrowthSustained, accelerating top‑line expansion signals growing demand for Hi‑Tech's welded and value‑added steel products. Durable revenue momentum supports better capacity utilization, scale benefits, and provides a firmer base to fund targeted investments and product development over the medium term.
Improved Leverage And Balance SheetA materially stronger leverage position reduces financial vulnerability and cost of capital, giving management more flexibility to fund capex or working capital without immediate refinancing. This structural improvement supports resilience and strategic optionality over the next several quarters.
Value-added Product MixA business model centered on converted, value‑added tubes, galvanized and processed products creates structural differentiation versus pure commodity traders. This mix increases customer stickiness, supports higher per‑unit margins when execution is stable, and underpins sustainable B2B demand.
Bears Say
Weak And Volatile Operating Cash FlowInconsistent cash conversion from operations—with OCF swings and negative turns—means earnings are not reliably translating into internally available funds. Over 2–6 months this constrains capex funding, increases reliance on external financing, and raises liquidity and execution risk during growth phases.
Low Net Margins And Limited Operating LeverageDespite revenue growth, persistently low net margins limit earnings resilience and free cash generation. The company's profitability is sensitive to raw‑material cost swings and product‑mix shifts, making sustained margin improvement a prerequisite for durable cash flow and investment capacity.
Moderating Returns On EquityGrowth accompanied by sizable equity expansion has reduced ROE, indicating lower capital efficiency. Unless new investments yield returns above the company's cost of capital, moderated ROE can weigh on shareholder returns and necessitate disciplined allocation to restore long‑term capital productivity.
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 ₹17.50B.
When is Hi-Tech Pipes Ltd.’s upcoming earnings report date?
Hi-Tech Pipes Ltd.’s upcoming earnings report date is Aug 07, 2026 which is in 36 days.
How were Hi-Tech Pipes Ltd.’s earnings last quarter?
Hi-Tech Pipes Ltd. released its earnings results on May 28, 2026. The company reported ₹1.2 earnings per share for the quarter, beating the consensus estimate of N/A by ₹1.2.
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 ₹1.2 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went same 0%.
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, headquartered in New Delhi, India, operates as a leading manufacturer and supplier of a comprehensive array of steel-based products. The company primarily serves a diverse range of critical sectors across India, including infrastructure development, construction, automotive, energy, agriculture, defense, engineering, and telecommunications. Its extensive product portfolio includes ERW black steel pipes and tubes, which are utilized for purposes such as fencing, utility lines, scaffolding, conveyance of water and gas, oil country tubular goods, hand pumps, mining operations, thermal power plants, telecom infrastructure, automotive components, and agricultural equipment. Hi-Tech Pipes also offers rectangular and hollow sections, alongside galvanized and pre-galvanized steel pipes and tubes. A significant offering comprises metal beam crash barriers, essential for safety applications on national highways, expressways, bridges, flyovers, embankments, mining sites, high-traffic urban areas, motor racing tracks, rural roads, crash test facilities, industrial premises, airport safety zones, facilities handling hazardous chemicals, and multi-story parking structures. Additionally, the company produces cold rolled sheets and strips, vital for manufacturing precision tubes, containers, bicycles, furniture, color-coated materials, galvanized and tinned products, and automotive body panels. Other specialized products include cold formed sections, solar panel mounting structures, and various other galvanized items. Hi-Tech Pipes maintains a robust distribution network comprising around 200 distributors and 300 dealers across India, and also actively exports its products internationally. Established in 1985, the company originally operated under the name Ram Lal Harbans Lal Limited before adopting its current identity, Hi-Tech Pipes Limited, in October 1986.
Technical Analysis
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