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Hi-Tech Pipes LimitedNSEI:HITECH Stock Report

Market Cap ₹18.7b
Share Price
₹91.83
₹122
24.7% undervalued intrinsic discount
1Y3.8%
7D-0.4%
Portfolio Value
View

Hi-Tech Pipes Limited

NSEI:HITECH Stock Report

Market Cap: ₹18.7b

Hi-Tech Pipes (HITECH) Stock Overview

Manufactures and sells steel in India. More details

HITECH fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance4/6
Financial Health5/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for HITECH from our risk checks.

HITECH Community Fair Values

Create Narrative

See what 24 others think this stock is worth. Follow their fair value or set your own to get alerts.

Materials opportunity

Hi-Tech Pipes Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Hi-Tech Pipes
Historical stock prices
Current Share Price₹91.83
52 Week High₹127.50
52 Week Low₹70.14
Beta0.50
1 Month Change15.99%
3 Month Change13.11%
1 Year Change3.82%
3 Year Change24.60%
5 Year Change152.25%
Change since IPO308.18%

Recent News & Updates

Analysis Article Feb 11

Hi-Tech Pipes Limited Just Recorded A 11% Revenue Beat: Here's What Analysts Think

It's been a pretty great week for Hi-Tech Pipes Limited ( NSE:HITECH ) shareholders, with its shares surging 12% to...

Recent updates

Analysis Article Feb 11

Hi-Tech Pipes Limited Just Recorded A 11% Revenue Beat: Here's What Analysts Think

It's been a pretty great week for Hi-Tech Pipes Limited ( NSE:HITECH ) shareholders, with its shares surging 12% to...
Analysis Article Sep 21

Hi-Tech Pipes Limited's (NSE:HITECH) CEO Compensation Looks Acceptable To Us And Here's Why

Key Insights Hi-Tech Pipes' Annual General Meeting to take place on 27th of September Salary of ₹14.4m is part of CEO...
Analysis Article Sep 18

Hi-Tech Pipes Limited (NSE:HITECH) Soars 25% But It's A Story Of Risk Vs Reward

Hi-Tech Pipes Limited ( NSE:HITECH ) shares have had a really impressive month, gaining 25% after a shaky period...
Analysis Article Sep 13

Be Wary Of Hi-Tech Pipes (NSE:HITECH) And Its Returns On Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Narrative Update Sep 06

Capacity Upgrades In Infrastructure And Renewables Will Expand Reach

A notable reduction in Hi-Tech Pipes’ future P/E ratio suggests a more cautious earnings outlook, contributing to the sharp decrease in the consensus analyst price target from ₹151.00 to ₹122.00. What's in the News Board meeting scheduled to consider and approve unaudited standalone and consolidated financial results for the quarter ended June 30, 2025, and address other business as permitted by the Chair.
Analysis Article Jun 02

Hi-Tech Pipes' (NSE:HITECH) Earnings Are Weaker Than They Seem

Despite posting some strong earnings, the market for Hi-Tech Pipes Limited's ( NSE:HITECH ) stock hasn't moved much. We...
Analysis Article Feb 14

Hi-Tech Pipes Limited's (NSE:HITECH) Popularity With Investors Is Clear

With a price-to-earnings (or "P/E") ratio of 35.4x Hi-Tech Pipes Limited ( NSE:HITECH ) may be sending bearish signals...
User avatar
New Narrative Feb 09

Doubling Capacity And Expanding In India Will Meet Future Demand In Renewable Energy

Doubling manufacturing capacity and focusing on value-added products are expected to drive revenue growth and improve earnings.
Analysis Article Nov 20

Hi-Tech Pipes' (NSE:HITECH) Shareholders Should Assess Earnings With Caution

Strong earnings weren't enough to please Hi-Tech Pipes Limited's ( NSE:HITECH ) shareholders over the last week. Our...
Analysis Article Sep 15

There Could Be A Chance Hi-Tech Pipes Limited's (NSE:HITECH) CEO Will Have Their Compensation Increased

Key Insights Hi-Tech Pipes will host its Annual General Meeting on 21st of September Total pay for CEO Ajay Bansal...
Analysis Article Aug 13

Hi-Tech Pipes Limited (NSE:HITECH) Not Lagging Market On Growth Or Pricing

When close to half the companies in India have price-to-earnings ratios (or "P/E's") below 33x, you may consider...
Analysis Article May 21

Hi-Tech Pipes' (NSE:HITECH) Profits May Not Reveal Underlying Issues

Following the solid earnings report from Hi-Tech Pipes Limited ( NSE:HITECH ), the market responded by bidding up the...
Analysis Article Mar 21

Hi-Tech Pipes Limited (NSE:HITECH) Shares May Have Slumped 30% But Getting In Cheap Is Still Unlikely

Hi-Tech Pipes Limited ( NSE:HITECH ) shares have retraced a considerable 30% in the last month, reversing a fair amount...
Analysis Article Mar 05

Hi-Tech Pipes (NSE:HITECH) Could Be Struggling To Allocate Capital

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
Analysis Article Dec 28

Shareholders Should Be Pleased With Hi-Tech Pipes Limited's (NSE:HITECH) Price

When close to half the companies in India have price-to-earnings ratios (or "P/E's") below 29x, you may consider...
Analysis Article Oct 14

The Returns On Capital At Hi-Tech Pipes (NSE:HITECH) Don't Inspire Confidence

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Sep 14

Here's Why We Think Hi-Tech Pipes (NSE:HITECH) Is Well Worth Watching

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Sep 22

Hi-Tech Pipes Limited's (NSE:HITECH) CEO Compensation Is Looking A Bit Stretched At The Moment

Under the guidance of CEO Ajay Bansal, Hi-Tech Pipes Limited ( NSE:HITECH ) has performed reasonably well recently. In...
Analysis Article Jul 22

Here's Why We Think Hi-Tech Pipes (NSE:HITECH) Is Well Worth Watching

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article May 12

Why You Should Care About Hi-Tech Pipes' (NSE:HITECH) Strong Returns On Capital

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Mar 03

If You Like EPS Growth Then Check Out Hi-Tech Pipes (NSE:HITECH) Before It's Too Late

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Analysis Article Jan 08

Many Would Be Envious Of Hi-Tech Pipes' (NSE:HITECH) Excellent Returns On Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article Nov 06

Robust Earnings May Not Tell The Whole Story For Hi-Tech Pipes (NSE:HITECH)

Hi-Tech Pipes Limited ( NSE:HITECH ) announced strong profits, but the stock was stagnant. Our analysis suggests that...

Shareholder Returns

HITECHIN Metals and MiningIN Market
7D-0.4%-7.0%0.9%
1Y3.8%38.0%6.1%

Return vs Industry: HITECH underperformed the Indian Metals and Mining industry which returned 38% over the past year.

Return vs Market: HITECH underperformed the Indian Market which returned 6.1% over the past year.

Price Volatility

Is HITECH's price volatile compared to industry and market?
HITECH volatility
HITECH Average Weekly Movement7.2%
Metals and Mining Industry Average Movement7.2%
Market Average Movement7.2%
10% most volatile stocks in IN Market10.2%
10% least volatile stocks in IN Market4.7%

Stable Share Price: HITECH has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: HITECH's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1985535Ajay Bansalwww.hitechpipes.in

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.

Hi-Tech Pipes Limited Fundamentals Summary

How do Hi-Tech Pipes's earnings and revenue compare to its market cap?
HITECH fundamental statistics
Market cap₹18.65b
Earnings (TTM)₹762.03m
Revenue (TTM)₹34.53b
24.5x
P/E Ratio
0.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HITECH income statement (TTM)
Revenue₹34.53b
Cost of Revenue₹31.70b
Gross Profit₹2.83b
Other Expenses₹2.07b
Earnings₹762.03m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)3.75
Gross Margin8.20%
Net Profit Margin2.21%
Debt/Equity Ratio20.9%

How did HITECH perform over the long term?

See historical performance and comparison

Dividends

0.03%
Current Dividend Yield
0.6463%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 04:29
End of Day Share Price 2026/05/07 00:00
Earnings2025/12/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hi-Tech Pipes Limited is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAntique Stockbroking Ltd.
Vikash SinghPhillipCapital (India)