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Hi-Tech Pipes Ltd. (IN:HITECH)
:HITECH
India Market

Hi-Tech Pipes Ltd. (HITECH) Ratios

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Hi-Tech Pipes Ltd. Ratios

IN:HITECH's free cash flow for Q2 2026 was ₹0.09. For the 2026 fiscal year, IN:HITECH's free cash flow was decreased by ₹ and operating cash flow was ₹0.05. See a summary of the company’s cash flow.
Ratios
TTM
Mar 25Mar 24Mar 23Mar 22
Liquidity Ratios
Current Ratio
2.09 2.38 1.54 1.46 1.43
Quick Ratio
1.31 1.51 0.79 0.65 0.67
Cash Ratio
0.11 0.42 <0.01 <0.01 <0.01
Solvency Ratio
0.16 0.19 0.10 0.10 0.10
Operating Cash Flow Ratio
-0.03 0.06 -0.20 0.35 >-0.01
Short-Term Operating Cash Flow Coverage
-0.06 0.18 -0.32 0.75 >-0.01
Net Current Asset Value
₹ 5.27B₹ 5.46B₹ 1.13B₹ 539.20M₹ -203.30M
Leverage Ratios
Debt-to-Assets Ratio
0.14 0.10 0.34 0.30 0.51
Debt-to-Equity Ratio
0.21 0.14 0.70 0.65 1.52
Debt-to-Capital Ratio
0.17 0.12 0.41 0.40 0.60
Long-Term Debt-to-Capital Ratio
0.02 0.02 0.16 0.18 0.36
Financial Leverage Ratio
1.47 1.40 2.05 2.19 2.97
Debt Service Coverage Ratio
0.49 0.70 0.29 0.40 0.29
Interest Coverage Ratio
3.60 3.23 4.85 2.50 2.46
Debt to Market Cap
0.17 0.10 0.21 0.28 0.65
Interest Debt Per Share
15.00 12.53 32.82 25.01 35.98
Net Debt to EBITDA
1.31 -0.02 3.55 2.74 4.01
Profitability Margins
Gross Profit Margin
7.40%7.49%8.77%8.87%6.91%
EBIT Margin
4.08%4.60%3.60%3.57%4.69%
EBITDA Margin
4.76%5.28%4.17%4.15%5.21%
Operating Profit Margin
4.01%4.53%7.53%3.70%4.77%
Pretax Profit Margin
2.96%3.19%2.17%2.09%2.95%
Net Profit Margin
2.21%2.38%1.63%1.58%2.15%
Continuous Operations Profit Margin
2.21%2.38%1.63%1.58%2.15%
Net Income Per EBT
74.47%74.45%74.86%75.54%72.89%
EBT Per EBIT
73.92%70.44%28.88%56.49%61.77%
Return on Assets (ROA)
3.99%4.16%3.73%4.12%5.24%
Return on Equity (ROE)
6.68%5.80%7.62%9.01%15.59%
Return on Capital Employed (ROCE)
10.15%10.56%28.51%16.43%21.03%
Return on Invested Capital (ROIC)
6.41%7.04%15.14%9.35%9.85%
Return on Tangible Assets
3.99%4.16%3.73%4.12%5.24%
Earnings Yield
4.72%3.92%2.25%3.82%6.70%
Efficiency Ratios
Receivables Turnover
9.36 10.13 9.63 12.86 11.21
Payables Turnover
11.30 11.36 15.66 12.48 21.33
Inventory Turnover
7.58 7.39 7.10 7.09 6.55
Fixed Asset Turnover
5.35 5.24 6.48 7.39 6.84
Asset Turnover
1.81 1.75 2.29 2.61 2.44
Working Capital Turnover Ratio
11.67 7.17 12.76 14.90 15.43
Cash Conversion Cycle
54.85 53.32 65.95 50.64 71.16
Days of Sales Outstanding
39.01 36.02 37.89 28.38 32.55
Days of Inventory Outstanding
48.13 49.42 51.38 51.50 55.72
Days of Payables Outstanding
32.30 32.12 23.32 29.24 17.11
Operating Cycle
87.14 85.44 89.27 79.88 88.27
Cash Flow Ratios
Operating Cash Flow Per Share
-0.70 1.60 -7.03 10.83 -0.09
Free Cash Flow Per Share
-4.21 -9.11 -15.10 5.22 -4.00
CapEx Per Share
3.51 10.71 8.07 5.62 3.91
Free Cash Flow to Operating Cash Flow
6.02 -5.68 2.15 0.48 44.86
Dividend Paid and CapEx Coverage Ratio
-0.20 0.15 -0.87 1.91 -0.02
Capital Expenditure Coverage Ratio
-0.20 0.15 -0.87 1.93 -0.02
Operating Cash Flow Coverage Ratio
-0.05 0.16 -0.24 0.49 >-0.01
Operating Cash Flow to Sales Ratio
>-0.01 <0.01 -0.04 0.06 >-0.01
Free Cash Flow Yield
-5.51%-8.67%-10.48%6.53%-7.93%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
21.17 25.54 44.39 26.16 14.92
Price-to-Sales (P/S) Ratio
0.46 0.61 0.72 0.41 0.32
Price-to-Book (P/B) Ratio
1.24 1.48 3.38 2.36 2.33
Price-to-Free Cash Flow (P/FCF) Ratio
-18.15 -11.54 -9.54 15.30 -12.61
Price-to-Operating Cash Flow Ratio
-111.64 65.55 -20.49 7.37 -565.50
Price-to-Earnings Growth (PEG) Ratio
-3.63 1.14 6.77 -2.68 0.24
Price-to-Fair Value
1.24 1.48 3.38 2.36 2.33
Enterprise Value Multiple
10.91 11.48 20.87 12.70 10.17
Enterprise Value
17.95B 18.60B 23.50B 12.57B 9.94B
EV to EBITDA
10.91 11.48 20.87 12.70 10.17
EV to Sales
0.52 0.61 0.87 0.53 0.53
EV to Free Cash Flow
-20.62 -11.52 -11.50 19.52 -20.83
EV to Operating Cash Flow
-124.25 65.42 -24.69 9.40 -934.20
Tangible Book Value Per Share
62.74 70.90 42.55 33.83 21.65
Shareholders’ Equity Per Share
62.75 70.92 42.59 33.87 21.65
Tax and Other Ratios
Effective Tax Rate
0.26 0.26 0.25 0.24 0.27
Revenue Per Share
166.84 173.02 199.47 193.28 157.19
Net Income Per Share
3.68 4.11 3.25 3.05 3.38
Tax Burden
0.74 0.74 0.75 0.76 0.73
Interest Burden
0.73 0.69 0.60 0.59 0.63
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
<0.01 0.01 0.01 <0.01 <0.01
Stock-Based Compensation to Revenue
0.00 0.00 0.00 0.00 0.00
Income Quality
-0.15 0.39 -2.17 2.37 -0.02
Currency in INR