Hi-Tech Pipes Ltd
Hi-Tech Pipes Ltd (HITECH) last reported results for the quarter ended Jun 2026, with sales of ₹1,413 crore and net profit of ₹20 crore. The stock last traded at ₹72.9, a market capitalisation of ₹1,480 crore, on a P/E of 19.7. Over the past 52 weeks the stock has ranged between ₹69.8 and ₹124. Figures are as of 6 Oct 2026 and are not real time.
Hi-Tech Pipes Ltd share price and key metrics
- Current price
- ₹72.9
- Market cap
- ₹1,480 cr
- Stock P/E
- 19.7
- Book value
- ₹65.6
- ROE
- 5.88%
- ROCE
- 9.77%
- Dividend yield
- 0.00%
- 52w high / low
- 124/69.8
Metrics as of 6 Oct 2026. Not real time.
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Hi-Tech Pipes Ltd growth and returns
- 10 Years
- 24%
- 5 Years
- 26%
- 3 Years
- 21%
- TTM
- 61%
- 10 Years
- 28%
- 5 Years
- 27%
- 3 Years
- 21%
- TTM
- -1%
- 10 Years
- %
- 5 Years
- 4%
- 3 Years
- -5%
- 1 Year
- -39%
- 10 Years
- 10%
- 5 Years
- 8%
- 3 Years
- 7%
- Last Year
- 6%
Hi-Tech Pipes Ltd quarterly results
In the quarter ended Jun 2026, sales were ₹1,413 cr, up 78.6% from ₹791 cr a year earlier. Net profit was ₹20 cr, down 4.8% year on year.
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 706 | 761 | 734 | 791 | 859 | 1,070 | 1,480 | 1,413 |
| Expenses | 664 | 721 | 699 | 750 | 814 | 1,028 | 1,434 | 1,363 |
| Operating profit | 42 | 40 | 35 | 41 | 44 | 42 | 46 | 49 |
| OPM % | 6% | 5% | 4.8% | 5% | 5% | 3.9% | 3.1% | 3.5% |
| Other income | 1 | 0 | 0 | 1 | 1 | 0 | 0 | 1 |
| Interest | 14 | 9 | 7 | 8 | 12 | 12 | 16 | 16 |
| Depreciation | 5 | 6 | 4 | 6 | 7 | 7 | 8 | 8 |
| Profit before tax | 24 | 26 | 24 | 28 | 27 | 23 | 23 | 26 |
| Tax % | 26% | 25% | 27% | 25% | 25% | 25% | 24% | 24% |
| Net profit | 18 | 19 | 18 | 21 | 20 | 17 | 18 | 20 |
| EPS (₹) | 1.03 | 0.94 | 0.87 | 1.03 | 1.00 | 0.86 | 0.87 | 0.99 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
Hi-Tech Pipes Ltd annual results
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 637 | 1,016 | 1,360 | 1,210 | 1,341 | 1,879 | 2,386 | 2,699 | 3,068 | 4,200 | 4,822 |
| Operating profit | 40 | 60 | 75 | 59 | 71 | 101 | 103 | 115 | 160 | 174 | 182 |
| OPM % | 6% | 6% | 6% | 4.9% | 5% | 5% | 4.3% | 4.2% | 5% | 4.1% | 3.8% |
| Net profit | 10 | 21 | 27 | 20 | 23 | 40 | 38 | 44 | 73 | 76 | 75 |
| EPS (₹) | 1.01 | 2.04 | 2.56 | 1.87 | 2.03 | 3.29 | 2.95 | 2.93 | 3.59 | 3.75 | 3.72 |
TTM is the trailing twelve months to the most recent quarter.
Hi-Tech Pipes Ltd balance sheet
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 10 | 10 | 11 | 11 | 11 | 12 | 13 | 15 | 20 | 20 |
| Reserves | 67 | 103 | 136 | 163 | 194 | 246 | 405 | 561 | 1,237 | 1,313 |
| Borrowings | 180 | 255 | 272 | 312 | 317 | 393 | 273 | 402 | 192 | 268 |
| Other liabilities | 103 | 80 | 86 | 82 | 77 | 117 | 224 | 200 | 307 | 422 |
| Total liabilities | 360 | 449 | 505 | 568 | 599 | 769 | 916 | 1,179 | 1,756 | 2,024 |
| Fixed assets | 81 | 124 | 169 | 173 | 202 | 239 | 287 | 355 | 392 | 634 |
| CWIP | 8 | 17 | 4 | 29 | 30 | 29 | 36 | 62 | 194 | 103 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 3 | 4 | 5 |
| Other assets | 271 | 307 | 332 | 365 | 367 | 501 | 590 | 759 | 1,166 | 1,282 |
| Total assets | 360 | 449 | 505 | 568 | 599 | 769 | 916 | 1,179 | 1,756 | 2,024 |
As reported by the company. Total assets equal total liabilities by construction.
Hi-Tech Pipes Ltd cash flow
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 24 | -6 | 49 | 25 | 64 | -17 | 134 | -95 | 70 | 3 |
| Cash from investing | -39 | -53 | -40 | -39 | -40 | -46 | -98 | -153 | -390 | -41 |
| Cash from financing | 14 | 59 | -9 | 14 | -25 | 64 | -35 | 249 | 354 | 23 |
| Net cash flow | -1 | -0 | -0 | -0 | -0 | 0 | 1 | 0 | 33 | -14 |
| Free cash flow | -10 | -62 | 16 | -11 | 23 | -63 | 64 | -204 | -120 | -167 |
| CFO / operating profit | 69% | 0% | 73% | 53% | 97% | -13% | 144% | -73% | 55% | 14% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
Hi-Tech Pipes Ltd operating ratios
| Per year | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 15% | 18% | 18% | 12% | 13% | 16% | 14% | 12% | 12% | 10% |
| Debtor days | 55 | 37 | 37 | 41 | 33 | 33 | 28 | 38 | 36 | 39 |
| Inventory days | 81 | 62 | 45 | 60 | 57 | — | — | 610 | 716 | 266 |
| Days payable | 37 | 18 | 17 | 19 | 15 | — | — | 277 | 466 | 173 |
| Cash conversion cycle | 98 | 81 | 64 | 82 | 75 | 33 | 28 | 371 | 287 | 132 |
| Working capital days | 16 | 13 | 10 | 15 | 22 | 25 | 23 | 30 | 50 | 49 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
Hi-Tech Pipes Ltd shareholding pattern
Promoters held 43.43% at Jun 2026, down from 43.97% at Jun 2025. FIIs 1.06% and DIIs 16.17%.
| % held | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 50.76% | 43.97% | 43.97% | 43.97% | 43.63% | 43.63% | 43.76% | 43.43% |
| FIIs | 9.31% | 9.79% | 8.96% | 1.70% | 2.39% | 1.41% | 0.81% | 1.06% |
| DIIs | 10.05% | 17.32% | 16.40% | 16.08% | 14.51% | 15.87% | 16.27% | 16.17% |
| Public | 29.89% | 28.84% | 30.52% | 38.09% | 39.28% | 38.90% | 38.97% | 39.14% |
| No. of shareholders | 61,937 | 73,118 | 78,293 | 1,07,843 | 1,04,410 | 1,01,163 | 1,01,479 | 99,593 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
Hi-Tech Pipes Ltd corporate filings
- Hi-Tech Pipes Ltd reports highest-ever sales volume in Q2H1FY27Company Updatelow impact
Cruxal's analysis: The company announced record sales volume for Q2H1FY27, with sales reaching approximately…
Read the full analysis - AGM Voting ResultsAGM/EGMmedium impact
- Hi-Tech Pipes Limited concludes 42nd Annual General Meeting; routine business items transactedAGM/EGMlow impact
Cruxal's analysis: Hi-Tech Pipes Limited has successfully concluded its 42nd Annual General Meeting held on…
Read the full analysis - Closure Of Trading WindowInsider Trading / SASTlow impact
- Hi-Tech Pipes Ltd files revised Annual Report for 2025-26Otherslow impact
Cruxal's analysis: Hi-Tech Pipes Ltd has submitted a revised version of its Annual Report for the financial…
Read the full analysis - Hi-Tech Pipes Ltd publishes routine newspaper notice regarding regulatory complianceCompany Updatelow impact
Cruxal's analysis: Hi-Tech Pipes Ltd has fulfilled a routine regulatory requirement under Regulation 30 of…
Read the full analysis - Hi-Tech Pipes Ltd releases Annual Report for FY 2025-2026Otherslow impact
Cruxal's analysis: Hi-Tech Pipes Ltd has filed its Annual Report for the financial year 2025-2026 in…
Read the full analysis - Hi-Tech Pipes Limited Announces 42nd AGM and Releases FY 2025-26 Annual ReportAGM/EGMhigh impact
Cruxal's analysis: Hi-Tech Pipes Limited has issued a notice for its 42nd Annual General Meeting to be held…
Read the full analysis - Hi-Tech Pipes Limited announces 42nd Annual General Meeting scheduled for September 28, 2026Company Updatelow impact
Cruxal's analysis: Hi-Tech Pipes Limited has issued a formal intimation regarding the dispatch of the Notice…
Read the full analysis - Hi-Tech Pipes Ltd releases Q1FY27 earnings call transcriptCompany Updatelow impact
Cruxal's analysis: Hi-Tech Pipes Ltd has filed the transcript for its Q1FY27 analyst/investor conference…
Read the full analysis - Hi-Tech Pipes Ltd files Statement of Deviation or Variation for quarter ended June 30, 2026Company Updatelow impact
Cruxal's analysis: Hi-Tech Pipes Ltd has submitted its Statement of Deviation or Variation regarding the…
Read the full analysis - Hi-Tech Pipes Limited reports Q1 FY2027 Monitoring Agency update on QIP proceeds utilizationCompany Updatelow impact
Cruxal's analysis: Hi-Tech Pipes Limited has released the Monitoring Agency Report by CRISIL Ratings for the…
Read the full analysis - Hi-Tech Pipes Limited Announces Preferential Allotment of 90 Lakh Warrants to Promoter GroupInsider Trading / SASTmedium impact
Cruxal's analysis: Hi-Tech Pipes Limited has disclosed a preferential allotment of 90 lakh warrants to…
Read the full analysis - Hi-Tech Pipes Limited releases audio recording of Q1 FY27 earnings conference callCompany Updatelow impact
Cruxal's analysis: Hi-Tech Pipes Limited has formally disclosed the audio recording link for its earnings…
Read the full analysis - Hi-Tech Pipes Limited Reports Q1 FY27 Financial Results with 79% YoY Revenue GrowthCompany Updatehigh impact
Cruxal's analysis: Hi-Tech Pipes Limited reported consolidated financial results for the quarter ended June…
Read the full analysis - Hi-Tech Pipes Reports Q1FY27 Financials: 79% Revenue Growth Driven by Capacity ExpansionCompany Updatehigh impact
Cruxal's analysis: Hi-Tech Pipes Limited reported strong Q1FY27 results with revenue growing 79% YoY to…
Read the full analysis - Hi-Tech Pipes Q1FY27 Results: Revenue Surges 79% YoY on Strong Volume Growth, EBITDA Up 20%Company Updatehigh impact
Cruxal's analysis: Hi-Tech Pipes Limited reported a robust Q1FY27 performance with revenue growing 79% YoY…
Read the full analysis - Hi-Tech Pipes Limited Reports Q1 FY27 Consolidated Net Profit of 20.04 crore on Revenue of 1,412.80 croreBoard Meetinghigh impact
Cruxal's analysis: Hi-Tech Pipes Limited has released its unaudited financial results for the quarter ended…
Read the full analysis - Hi-Tech Pipes Ltd schedules Q1FY27 earnings conference callCompany Updatelow impact
Cruxal's analysis: Hi-Tech Pipes Ltd has issued an intimation regarding an upcoming analyst and investor…
Read the full analysis - Hi-Tech Pipes Limited schedules Board Meeting for August 12, 2026, to approve Q1 FY27 financial resultsBoard Meetinglow impact
Cruxal's analysis: Hi-Tech Pipes Limited has formally intimated the stock exchanges regarding a Board of…
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