HITECH · NSE
Hi-Tech Pipes Limited
₹76.14
+3.25% (+₹2.4)
Prev. close
₹73.74
Volume
7,51,081
Delivery %
59.2%
As of
18 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About Hi-Tech Pipes Limited
Hi-Tech Pipes Limited manufactures and sells steel in India. The company provides mild steel hollow section ERW steel pipes, mild steel round pipes, GI pipes, pre-galvanized steel pipes, crash barriers, cold rolled coils and strips, and coated coils and roofing sheets. It also offers hot rolled, pickled and oiled, cold rolled close annealed, cold rolled full hard, and BP sheets coil and strip products, as well as casing pipes for borewells. In addition, the company provides ERW round, square, and rectangular hollow sections; GP and GC sheets; colour-coated coils and sheets; solar torque tubes; and metal beam crash barriers. It 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.
Details
Sector
Basic Materials
Industry
Steel
CEO
Mr. Ajay Kumar Bansal
Headquarters
New Delhi
Employees
551
Website
hitechpipes.inExchange
View on NSE ↗Key stats
Market cap
₹1,543.44 Cr
P/E ratio (TTM)
20.5
Dividend yield
0.03%
EPS (TTM)
₹3.72
Beta (1Y · daily vs NIFTY 50)
1.66
Beta (5Y · monthly vs NIFTY 50)
1.40
Shares float
10.69 Cr
EPS · quarter ended Jun 2026
₹0.99
Financial Performance
01 · Financials
FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹1,340.63 Cr | ₹1,878.85 Cr | ₹2,385.85 Cr | ₹2,699.29 Cr | ₹3,067.64 Cr | ₹4,200.07 Cr | |
| EBITDA | ₹71.60 Cr | ₹101.46 Cr | ₹95.00 Cr | ₹112.57 Cr | ₹161.92 Cr | ₹176.14 Cr |
| ₹22.80 Cr | ₹40.33 Cr | ₹37.68 Cr | ₹43.93 Cr | ₹72.95 Cr | ₹76.16 Cr | |
| Diluted EPS | ₹1.9 | ₹3.37 | ₹2.18 | ₹2.69 | ₹3.98 | ₹3.77 |
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹599.00 Cr | ₹769.00 Cr | ₹916.00 Cr | ₹1,179.00 Cr | ₹1,756.00 Cr | ₹2,024.00 Cr | |
| — | — | ₹273.46 Cr | ₹402.29 Cr | ₹191.52 Cr | ₹267.82 Cr | |
| Stockholders' equity | ₹205.00 Cr | ₹258.00 Cr | ₹418.00 Cr | ₹576.00 Cr | ₹1,257.00 Cr | ₹1,333.00 Cr |
Total debt, Long-term debt, Current (short-term) debt, Others have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹64.12 Cr | ₹-1.06 Cr | ₹133.74 Cr | ₹-95.19 Cr | ₹69.83 Cr | ₹3.32 Cr | |
| Investing cash flow | ₹-39.63 Cr | ₹-46.09 Cr | ₹-98.18 Cr | ₹-153.38 Cr | ₹-390.07 Cr | ₹-40.61 Cr |
| ₹-24.58 Cr | ₹47.42 Cr | ₹-34.58 Cr | ₹249.02 Cr | ₹353.73 Cr | ₹23.13 Cr | |
| Capital expenditure | ₹-38.29 Cr | ₹0 | ₹-69.34 Cr | ₹-109.18 Cr | ₹-189.91 Cr | ₹-151.78 Cr |
| End cash position | ₹63.40 L | ₹90.33 L | ₹1.89 Cr | ₹2.33 Cr | ₹35.82 Cr | ₹21.66 Cr |
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21 | Dec 21 | Mar 22 | Jun 22–Dec 22(3Q) | Feb 23 | Mar 23 | Jun 23 | Sep 23 | Oct 23 | Nov 23 | Dec 23 | Jan 24 | Feb 24 | Mar 24 | Apr 24 | Jun 24 | Jul 24 | Sep 24 | Oct 24 | Dec 24 | Mar 25–Jun 25(2Q) | Sep 25–Dec 25(2Q) | Mar 26 | Jun 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 59.55% | 59.19% | 59.31% | 59.32% | 57.81% | 56.87% | 55.57% | 55.27% | 56.33% | 56.13% | 55.64% | 52.13% | 53.21% | 53.20% | 53.82% | 53.95% | 50.77% | 50.76% | 44.01% | 43.97% | 43.97% | 43.64% | 43.76% | 43.43% |
| Public | 40.46% | 40.81% | 40.69% | 40.68% | 42.19% | 43.13% | 44.43% | 44.73% | 43.67% | 43.87% | 44.36% | 47.87% | 46.79% | 46.80% | 46.18% | 46.05% | 49.23% | 49.24% | 55.99% | 55.95% | 55.88% | 56.17% | 56.05% | 56.37% |
| Employee trusts | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.07% | 0.15% | 0.20% | 0.20% | 0.20% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Basic Materials
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| UltraTech Cement Limited | ₹3.17 L Cr | ₹11,014 | 36.9 | 4.13 | 10.7% | 0.31 | +16.6% | -12.8% |
| JSW Steel Limited | ₹3.06 L Cr | ₹1,275.6 | 12.4 | 3.06 | 22.3% | 1.19 | +9.3% | +13.8% |
| Hindustan Zinc Limited | ₹2.42 L Cr | ₹596 | 14.2 | 10.69 | 61.1% | 0.39 | +18.6% | +31.0% |
| Asian Paints Limited | ₹2.35 L Cr | ₹2,451.3 | 49.3 | 11.01 | 20.2% | 0.18 | +5.1% | -1.1% |
| Tata Steel Limited | ₹2.28 L Cr | ₹187.29 | 20.7 | 2.23 | 10.6% | 0.90 | +6.2% | +9.3% |
| Hindalco Industries Limited | ₹2.18 L Cr | ₹986.5 | 13.3 | 1.59 | 9.8% | 0.73 | +15.0% | +31.5% |
| Grasim Industries Limited | ₹2.15 L Cr | ₹3,209.2 | 37.9 | 2.08 | 4.8% | 2.20 | +18.2% | +11.5% |
| Solar Industries India Limited | ₹1.71 L Cr | ₹18,815 | 86.1 | 27.25 | 26.7% | 0.29 | +30.6% | +27.0% |
| Vedanta Aluminium Metal Limited | ₹1.60 L Cr | ₹416.5 | 42.1 | — | — | — | — | — |
| Pidilite Industries Limited | ₹1.58 L Cr | ₹1,572.1 | 59.8 | 14.58 | 22.6% | 0.04 | +11.1% | -48.5% |
| JINDAL STEEL LIMITED | ₹1.11 L Cr | ₹1,103 | 41.1 | 2.19 | 6.6% | 0.44 | +5.5% | +4.7% |
| Hi-Tech Pipes Limited | ₹1,487.08 Cr | ₹73.74 | 19.7 | 1.12 | 5.7% | 0.20 | +40.1% | -32.7% |
Ranked by market cap within Basic Materials, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Concall transcripts
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
2 indices
Weight is BSE’s own published index weight. Indices without weight data are listed without one, in alphabetical order after the weighted ones.
Hi-Tech Pipes Plans 1 Million TPA Capacity Addition, Targets 2 Million TPA by FY29
Hi-Tech Pipes Limited plans to add 1 million tonnes of steel pipe capacity over the next two to three years, aiming for a total of 2 million tonnes by FY29. This expansion includes new facilities in Uttar Pradesh, Andhra Pradesh, and Gujarat. The company estimates a capital expenditure of INR 650 crore for this growth, focusing on value-added products.
Revenue Beat: Hi-Tech Pipes Limited Beat Analyst Estimates By 32%
Hi-Tech Pipes Limited's shares fell 6.8% last week despite first-quarter revenue beating analyst estimates by 32%. Analysts raised revenue forecasts for 2027 but significantly reduced earnings per share expectations. The consensus price target remained unchanged at ₹111.