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NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
Hi-Tech Pipes Limited

Hi-Tech Pipes Limited

NSE: HITECH
SteelBasic MaterialsSMALL CAPMCap ₹1.43k Cr
₹70.70₹0.12 (+0.17%)

Market Closed • NSE

Market cap₹1.43k Cr
Enterprise value₹1.61k Cr
P/E TTM18.95
Forward P/E12.51
P/B1.05
EPS TTM₹3.73
Forward EPS₹5.65
ROCE9.77%
D/E0.20
Dividend yield0.00%
Face value₹1.00
52W high₹119.24
52W low₹69.51
Price chart(1Y)
1Y Return:-21.14% (₹18.95)
H: ₹97.17L: ₹69.51
1W+0.70%
1M-4.12%
3M-18.65%
6M-21.43%
1Y-38.41%
Today at a glance

Day range

₹70.17₹71.23

52 week range

₹69.51₹119.24
Volume518.8K0.61x 20D avg
Free float50.00%-39.00% volume

Hi-Tech Pipes Limited closed at INR70.70 (+0.17%) on volume 0.61x its 20-day average, trading 40.71% below its 52-week high.

Technical analysis
RSI (14)40.5Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹2.44High
SMA 20₹72.75BEARISH
SMA 50₹76.08BEARISH
SMA 100₹81.89BEARISH
SMA 200₹83.23BEARISH
CPR bottom₹71.20
Pivot₹70.99
CPR top₹70.79
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved +11.1% QoQ

2025-09-19

DIVIDEND Announced

Dividend - Re 0.025 Per Share

2024-09-13

DIVIDEND Announced

Dividend - Rs 0.025 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹267.5 Cr₹1.43k Cr18.67%≤ 33%PASS
Non-halal income ratio–₹4.20k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹2.00k Cr₹2.02k Cr98.93%≥ 20%PASS
Receivables ratio–₹2.02k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E18.9521.90
Forward P/E12.51—
P/B1.052.20
EV/EBITDA—18.00
PEG—1.00
Earnings yield5.304.60
Growth & profitability
RevenuePAT
FY25PAT margin 2.40%
FY26PAT margin 1.80%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+11.00%
Revenue CAGR 5Y+6.50%
PAT CAGR 3Y+1.40%
PAT CAGR 5Y+0.90%
Operating margin2.94%
Net margin1.56%
Financial health & cash flow
Net debt₹245.9 CrModerate
Interest coverage3.10xEBIT / interest
CFO / PAT0.04x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹3.3 Cr
Capital expenditure–
Free cash flow₹-14845.2 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall73/100
Valuation60/100
Profitability65/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.20x

Attractive Valuation: P/E of 19.0x trades below sector historical averages

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Steel.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

70%47%23%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
17.08%Institutional holding
38.97%Public holding
5Periods available
0.00%Promoter pledged
1.01LShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
20 Sept 2025Dividend₹0.03 / share—19 Sept 2025
14 Sept 2024Dividend₹0.03 / share—13 Sept 2024
22 Sept 2023Dividend₹0.03 / share—22 Sept 2023
17 Mar 2023Dividend₹10.00 / share—17 Mar 2023
21 Sept 2022Dividend₹0.50 / share—20 Sept 2022
—Annual General MeetingAnnual General Meeting—20 Sept 2022
—Annual General MeetingAnnual General Meeting—21 Sept 2021
19 Sept 2020Dividend₹0.25 / share—17 Sept 2020
—Dividend₹0.25 / share—17 Sept 2019
—Dividend₹0.25 / share—05 Jul 2018
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)50.27%+1.73% latest vs average
Highest delivery67.21%on 22 Sept
Average volume (20D)850.9KTrading-session average
Conviction trendStrengthening+1.73% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
UltraTech Cement Limited
UltraTech Cement LimitedULTRACEMCO
Open analysis
₹3.21L37.592.21%₹25,799.47₹2,982.76+11.86%+20.17%
JSW Steel Limited
JSW Steel LimitedJSWSTEEL
Open analysis
₹2.97L12.050.59%₹47,364.00₹4,651.00+11.55%+112.96%
Hindustan Zinc Limited
Hindustan Zinc LimitedHINDZINC
Open analysis
₹2.28L13.372.07%₹13,687.00₹5,425.00+77.22%+146.14%
Asian Paints Limited
Asian Paints LimitedASIANPAINT
Open analysis
₹2.24L46.941.17%₹10,541.94₹1,539.25+17.94%+39.96%
Tata Steel Limited
Tata Steel LimitedTATASTEEL
Open analysis
₹2.19L19.832.27%₹60,794.00₹2,385.00+14.32%+18.83%
Hindalco Industries Limited
Hindalco Industries LimitedHINDALCO
Open analysis
₹2.02L12.320.56%₹84,825.00₹7,013.00+32.06%+75.15%
Grasim Industries Limited
Grasim Industries LimitedGRASIM
Open analysis
₹1.98L34.820.35%₹11,794.71₹246.65-70.60%-82.61%
Solar Industries India Limited
Solar Industries India LimitedSOLARINDS
Open analysis
₹1.81L90.930.06%₹3,668.00₹666.00+70.29%+88.67%
About Hi-Tech Pipes Limited
Hi-Tech Pipes Limited

Hi-Tech Pipes business of manufacturing of ERW Steel Round & Section Pipes, cold Rolled Strips & Engineering Products and distribution of the same across india.

IndiaBasic Materials

Questions investors ask
Is Hi-Tech Pipes Limited Shariah compliant?

Hi-Tech Pipes Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (18.67%) complies with AAOIFI threshold (≤ 33%).

What is Hi-Tech Pipes Limited's current valuation relative to peers?

Hi-Tech Pipes Limited trades at a P/E of 19.0x compared to the sector median of 21.9x, and a Price-to-Book of 1.0x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.20x. Interest coverage is 3.1x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 6.5% while net profit growth averaged 0.9%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.