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HITECH logo

Hi-Tech Pipes NSEI:HITECH Stock Report

Last Price

₹155.94

Market Cap

₹32.7b

7D

-5.0%

1Y

56.0%

Updated

20 Dec, 2024

Data

Company Financials +

Hi-Tech Pipes Limited

NSEI:HITECH Stock Report

Market Cap: ₹32.7b

My Notes

Capture your thoughts, links and company narrative

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₹155.94
52 Week High₹210.85
52 Week Low₹99.10
Beta1.03
1 Month Change-5.95%
3 Month Change-24.02%
1 Year Change56.02%
3 Year Change210.45%
5 Year Change1,034.11%
Change since IPO593.14%

Recent News & Updates

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

Recent updates

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

Can Hi-Tech Pipes Limited's (NSE:HITECH) ROE Continue To Surpass The Industry Average?

Feb 17
Can Hi-Tech Pipes Limited's (NSE:HITECH) ROE Continue To Surpass The Industry Average?

How Many Hi-Tech Pipes Limited (NSE:HITECH) Shares Did Insiders Buy, In The Last Year?

Jan 27
How Many Hi-Tech Pipes Limited (NSE:HITECH) Shares Did Insiders Buy, In The Last Year?

Shareholder Returns

HITECHIN Metals and MiningIN Market
7D-5.0%-4.9%-2.1%
1Y56.0%29.3%22.5%

Return vs Industry: HITECH exceeded the Indian Metals and Mining industry which returned 29.3% over the past year.

Return vs Market: HITECH exceeded the Indian Market which returned 22.5% over the past year.

Price Volatility

Is HITECH's price volatile compared to industry and market?
HITECH volatility
HITECH Average Weekly Movement4.9%
Metals and Mining Industry Average Movement6.0%
Market Average Movement6.2%
10% most volatile stocks in IN Market9.1%
10% least volatile stocks in IN Market4.1%

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
1985525Ajay 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; galvanized steel; pre-galvanized steel pipes; crash barriers; cold rolled coils and strips; and coated coils and roofing sheets. It offers CRFH, HROP, and GPGC coil and strip products.

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₹32.68b
Earnings (TTM)₹616.16m
Revenue (TTM)₹28.84b

51.4x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HITECH income statement (TTM)
Revenue₹28.84b
Cost of Revenue₹26.00b
Gross Profit₹2.84b
Other Expenses₹2.22b
Earnings₹616.16m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 14, 2025

Earnings per share (EPS)3.03
Gross Margin9.85%
Net Profit Margin2.14%
Debt/Equity Ratio48.6%

How did HITECH perform over the long term?

See historical performance and comparison

Dividends

0.02%

Current Dividend Yield

0.6201%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 11:27
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

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 .

Analyst Sources

Hi-Tech Pipes Limited is covered by 1 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.