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HITECH logo

Hi-Tech Pipes LimitedNSEI:HITECH Stock Report

Market Cap ₹21.6b
Share Price
₹106.51
My Fair Value
n/a
1Y-36.6%
7D0.3%
Portfolio Value
​
View

Hi-Tech Pipes Limited

NSEI:HITECH Stock Report

Market Cap: ₹21.6b

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

Earnings are forecast to grow 29.97% per year

Earnings grew by 26.5% over the past year

Risk Analysis

High level of non-cash earnings


HITECH Community Fair Values

Create Narrative

See what 22 others think this stock is worth. Follow their fair value or set your own to get alerts.

HITECH logo
Hi-Tech Pipes

Global Steel Price Volatility Will Challenge Expansion Yet Uncover Value

Key Takeaways New capacity expansions and entry into value-added product segments may boost growth, but steel price volatility and material shifts threaten margin and revenue stability. Exposure to global trade policies, competition, and regulatory risks could pressure order inflows, capacity use, and profitability despite supportive infrastructure demand.
View narrative
₹122
FV
12.7% undervalued intrinsic discount
24.66%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
3users have followed this narrative
HITECH logo
Hi-Tech Pipes

Growing Urbanization And Renewables Will Drive India's Steel Pipe Demand

Key Takeaways Expansion into higher-value, specialized pipe segments and renewable energy positions the company for sustained margin gains and outperformance versus peers. Strong infrastructure and Make in India tailwinds support multi-year domestic demand growth, driving recurring volume gains and enhanced earnings visibility.
View narrative
₹180
FV
40.8% undervalued intrinsic discount
24.68%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
1users have followed this narrative
HITECH logo
Hi-Tech Pipes

Capacity Upgrades In Infrastructure And Renewables Will Expand Reach

Key Takeaways Capacity additions and expansion into value-added segments drive premium product mix, supporting higher margins and strengthening market position in growth sectors and exports. Strong demand from renewables and infrastructure, combined with cost discipline and strategic initiatives, enhances earnings stability and supports long-term growth potential.
View narrative
₹122
FV
12.7% undervalued intrinsic discount
25.71%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
8users have followed this narrative
View Stock Community

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₹106.51
52 Week High₹177.86
52 Week Low₹84.80
Beta0.32
1 Month Change-7.21%
3 Month Change21.89%
1 Year Change-36.59%
3 Year Change72.61%
5 Year Change649.54%
Change since IPO373.43%

Recent News & Updates

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

Sep 21
Hi-Tech Pipes Limited's (NSE:HITECH) CEO Compensation Looks Acceptable To Us And Here's Why

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

Sep 18
Hi-Tech Pipes Limited (NSE:HITECH) Soars 25% But It's A Story Of Risk Vs Reward

Recent updates

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

Sep 21
Hi-Tech Pipes Limited's (NSE:HITECH) CEO Compensation Looks Acceptable To Us And Here's Why

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

Sep 18
Hi-Tech Pipes Limited (NSE:HITECH) Soars 25% But It's A Story Of Risk Vs Reward

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

Sep 13
Be Wary Of Hi-Tech Pipes (NSE:HITECH) And Its Returns On Capital

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

Jun 02
Hi-Tech Pipes' (NSE:HITECH) Earnings Are Weaker Than They Seem

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

Feb 14
Hi-Tech Pipes Limited's (NSE:HITECH) Popularity With Investors Is Clear
User avatar

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.

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

Nov 20
Hi-Tech Pipes' (NSE:HITECH) Shareholders Should Assess Earnings With Caution

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

Sep 15
There Could Be A Chance Hi-Tech Pipes Limited's (NSE:HITECH) CEO Will Have Their Compensation Increased

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

Aug 13
Hi-Tech Pipes Limited (NSE:HITECH) Not Lagging Market On Growth Or Pricing

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

May 21
Hi-Tech Pipes' (NSE:HITECH) Profits May Not Reveal Underlying Issues

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

Mar 21
Hi-Tech Pipes Limited (NSE:HITECH) Shares May Have Slumped 30% But Getting In Cheap Is Still Unlikely

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

Mar 05
Hi-Tech Pipes (NSE:HITECH) Could Be Struggling To Allocate Capital

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

Dec 28
Shareholders Should Be Pleased With Hi-Tech Pipes Limited's (NSE:HITECH) Price

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

Oct 14
The Returns On Capital At Hi-Tech Pipes (NSE:HITECH) Don't Inspire Confidence

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

Sep 14
Here's Why We Think Hi-Tech Pipes (NSE:HITECH) Is Well Worth Watching

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

Sep 22
Hi-Tech Pipes Limited's (NSE:HITECH) CEO Compensation Is Looking A Bit Stretched At The Moment

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

Jul 22
Here's Why We Think Hi-Tech Pipes (NSE:HITECH) Is Well Worth Watching

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

May 12
Why You Should Care About Hi-Tech Pipes' (NSE:HITECH) Strong Returns On Capital

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

Mar 03
If You Like EPS Growth Then Check Out Hi-Tech Pipes (NSE:HITECH) Before It's Too Late

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

Jan 08
Many Would Be Envious Of Hi-Tech Pipes' (NSE:HITECH) Excellent Returns On Capital

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

Nov 06
Robust Earnings May Not Tell The Whole Story For Hi-Tech Pipes (NSE:HITECH)

Investors Could Be Concerned With Hi-Tech Pipes' (NSE:HITECH) Returns On Capital

Apr 06
Investors Could Be Concerned With Hi-Tech Pipes' (NSE:HITECH) Returns On Capital

The Hi-Tech Pipes (NSE:HITECH) Share Price Is Up 212% And Shareholders Are Boasting About It

Mar 10
The Hi-Tech Pipes (NSE:HITECH) Share Price Is Up 212% And Shareholders Are Boasting About It

Shareholder Returns

HITECHIN Metals and MiningIN Market
7D0.3%0.5%1.1%
1Y-36.6%15.1%5.4%

Return vs Industry: HITECH underperformed the Indian Metals and Mining industry which returned 15.1% over the past year.

Return vs Market: HITECH underperformed the Indian Market which returned 5.4% over the past year.

Price Volatility

Is HITECH's price volatile compared to industry and market?
HITECH volatility
HITECH Average Weekly Movement5.2%
Metals and Mining Industry Average Movement5.4%
Market Average Movement5.2%
10% most volatile stocks in IN Market8.5%
10% least volatile stocks in IN Market3.1%

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 (5%) 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₹21.63b
Earnings (TTM)₹779.65m
Revenue (TTM)₹31.46b
27.7x
P/E Ratio
0.7x
P/S Ratio

Is HITECH overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HITECH income statement (TTM)
Revenue₹31.46b
Cost of Revenue₹28.62b
Gross Profit₹2.84b
Other Expenses₹2.06b
Earnings₹779.65m

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)3.84
Gross Margin9.02%
Net Profit Margin2.48%
Debt/Equity Ratio20.9%

How did HITECH perform over the long term?

See historical performance and comparison

Dividends

0.02%
Current Dividend Yield
0.6463%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/16 00:05
End of Day Share Price 2025/11/14 00:00
Earnings2025/09/30
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. 2 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)