Hi-Tech Pipes Ltd. (IN:HITECH)

:HITECH

HITECH

Hi-Tech Pipes Ltd.

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Hi-Tech Pipes Ltd. (HITECH) Price & Analysis

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HITECH Stock Chart & Stats

₹94.99

-₹2.61(-1.70%)

At close: Jan 09 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

₹17.38B

Enterprise Value₹19.50B

Total Cash (Recent Filing)₹1.57B

Total Debt (Recent Filing)₹2.72B

Price to Earnings (P/E)27.4

Beta1.69

Next Earnings

Aug 07, 2026

EPS 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 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)5.57

Revenue Forecast (FY)₹44.19B

Bulls Say, Bears Say

Bulls Say

Revenue GrowthConsistent double-digit revenue growth and a multi-year increase in total revenue indicate durable demand for welded and value‑added steel products across construction and infra. This trend supports scalable operations, better fixed-cost absorption, and long-term market share gains.

Improving ProfitabilityRising gross and net margins, together with stable EBIT/EBITDA, point to improving operational efficiency and a shift toward higher value‑added products. Sustained margin improvement enhances cash generation potential and makes reinvestment in capex and product mix upgrades more viable.

Stronger Balance SheetLarger equity base and materially improved leverage provide financial flexibility to fund capex and absorb cyclical swings in steel markets. A stronger balance sheet reduces refinancing risk and supports strategic investments without overly stressing interest coverage.

Bears Say

Negative Free Cash FlowPersistent negative free cash flow driven by heavy capex creates reliance on external financing or equity to fund growth. Over months, this can pressure liquidity, limit flexibility for dividends or buybacks, and increase vulnerability if revenue or margins slow unexpectedly.

Low Absolute Net MarginsEven with improvement, low single‑digit net margins leave limited cushion against input cost spikes or demand contractions. Structural low margins constrain retained earnings and reduce the company's ability to self‑fund expansions or weather prolonged industry downturns.

Input-cost ExposureBusiness economics depend on the spread between hot‑rolled coil/strip costs and selling prices. This commodity exposure causes structural margin volatility over cycles and means pricing pass‑through delays can materially compress profitability during rising raw material cost periods.

Hi-Tech Pipes Ltd. News

Hi-Tech Pipes Posts Record Quarterly and Annual Sales Volumes in FY26

The latest announcement is out from Hi-Tech Pipes Ltd. ( ($IN:HITECH) ). Hi-Tech Pipes Limited reported its highest-ever...

2M ago

Hi-Tech Pipes Hits 1 Million-Ton Capacity with New Sikandrabad Plant

Hi-Tech Pipes Ltd. ( ($IN:HITECH) ) has shared an announcement. Hi-Tech Pipes Limited has commenced commercial production at...

3M ago

Hi-Tech Pipes Posts Earnings Call Audio for December Quarter Results

An announcement from Hi-Tech Pipes Ltd. ( ($IN:HITECH) ) is now available. Hi-Tech Pipes Limited has notified the...

3M ago

Hi-Tech Pipes Schedules Conference Call to Discuss Financial Performance

Hi-Tech Pipes Ltd. ( ($IN:HITECH) ) has issued an update. Hi-Tech Pipes Ltd. has announced a conference call...

6M ago

Hi-Tech Pipes Achieves Record Sales Volumes in FY26

Hi-Tech Pipes Ltd. ( ($IN:HITECH) ) has shared an announcement. Hi-Tech Pipes Limited announced record-breaking sales volumes for...

8M ago

Hi-Tech Pipes Appoints New Chief Strategy Officer

Hi-Tech Pipes Ltd. ( ($IN:HITECH) ) just unveiled an update. Hi-Tech Pipes Limited has announced the appointment of...

8M ago

Hi-Tech Pipes Appoints Nehal Shah as Chief Strategy Officer

Hi-Tech Pipes Ltd. ( ($IN:HITECH) ) just unveiled an announcement. Hi-Tech Pipes Limited has appointed Mr. Nehal Shah...

8M ago

Hi-Tech Pipes Ltd. Announces Q1 2025 Financial Results

Hi-Tech Pipes Ltd. ( ($IN:HITECH) ) has shared an update. Hi-Tech Pipes Ltd. has released its unaudited financial...

9M ago

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 ₹17.38B.

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 78 days.

How were Hi-Tech Pipes Ltd.’s earnings last quarter?

Currently, no data Available

Is Hi-Tech Pipes Ltd. overvalued?

According to Wall Street analysts Hi-Tech Pipes Ltd.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

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?

Currently, no data Available

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.