Hi-Tech Pipes Future Growth

Future criteria checks 5/6

Hi-Tech Pipes is forecast to grow earnings and revenue by 47.7% and 25.2% per annum respectively. EPS is expected to grow by 40.9% per annum. Return on equity is forecast to be 14.2% in 3 years.

Key information

47.7%

Earnings growth rate

40.9%

EPS growth rate

Metals and Mining earnings growth	30.5%
Revenue growth rate	25.2%
Future return on equity	14.2%
Analyst coverage	Low
Last updated	08 Nov 2024

Recent future growth updates

Recent updates

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

Nov 20

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

Sep 15

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

Aug 13

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

May 21

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

Mar 21

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

Sep 22

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

Jul 22

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

May 12

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

Mar 03

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

Jan 08

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

Nov 06

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

Apr 06

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

Mar 10

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

Feb 17

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

Jan 27

Earnings and Revenue Growth Forecasts

NSEI:HITECH - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	53,987	2,093	N/A	915	2
3/31/2026	42,929	1,430	N/A	767	2
3/31/2025	33,478	847	-815	185	2
9/30/2024	28,840	616	-1,512	-443	N/A
6/30/2024	29,241	540	N/A	N/A	N/A
3/31/2024	26,993	439	-2,044	-952	N/A
12/31/2023	27,201	486	N/A	N/A	N/A
9/30/2023	26,593	473	-729	153	N/A
6/30/2023	25,118	412	N/A	N/A	N/A
3/31/2023	23,858	377	644	1,337	N/A
12/31/2022	22,788	330	N/A	N/A	N/A
9/30/2022	21,495	302	433	874	N/A
6/30/2022	20,118	359	N/A	N/A	N/A
3/31/2022	18,788	403	-625	-173	N/A
12/31/2021	16,756	356	N/A	N/A	N/A
9/30/2021	16,513	347	17	406	N/A
6/30/2021	15,720	312	N/A	N/A	N/A
3/31/2021	13,406	228	232	641	N/A
12/31/2020	12,489	204	N/A	N/A	N/A
9/30/2020	11,442	159	-60	459	N/A
6/30/2020	10,380	139	N/A	N/A	N/A
3/31/2020	12,096	204	-112	249	N/A
12/31/2019	12,902	244	N/A	N/A	N/A
9/30/2019	12,984	257	250	539	N/A
6/30/2019	13,624	279	N/A	N/A	N/A
3/31/2019	13,604	273	159	490	N/A
12/31/2018	12,623	243	N/A	N/A	N/A
9/30/2018	11,977	235	N/A	N/A	N/A
6/30/2018	11,354	233	N/A	N/A	N/A
3/31/2018	10,157	210	N/A	-58	N/A
3/31/2017	6,374	104	N/A	244	N/A
3/31/2016	5,039	65	N/A	8	N/A
3/31/2015	4,584	50	N/A	262	N/A
3/31/2014	3,848	26	N/A	-18	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HITECH's forecast earnings growth (47.7% per year) is above the savings rate (6.7%).

Earnings vs Market: HITECH's earnings (47.7% per year) are forecast to grow faster than the Indian market (17.9% per year).

High Growth Earnings: HITECH's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: HITECH's revenue (25.2% per year) is forecast to grow faster than the Indian market (10.4% per year).

High Growth Revenue: HITECH's revenue (25.2% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: HITECH's Return on Equity is forecast to be low in 3 years time (14.2%).

Hi-Tech Pipes Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Price target increased by 8.5% to ₹186

Consensus EPS estimates fall by 19%

Recent updates

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

New major risk - Financial position

Second quarter 2025 earnings released: EPS: ₹1.10 (vs ₹0.81 in 2Q 2024)

New major risk - Shareholder dilution

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

Dividend of ₹0.025 announced

Hi-Tech Pipes Limited to Report Q2, 2025 Results on Nov 14, 2024

Hi-Tech Pipes Limited, Annual General Meeting, Sep 21, 2024

Price target increased by 8.5% to ₹186

First quarter 2025 earnings released: EPS: ₹1.16 (vs ₹0.61 in 1Q 2024)

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

Hi-Tech Pipes Limited to Report Q1, 2025 Results on Aug 12, 2024

Investor sentiment improves as stock rises 15%

Investor sentiment improves as stock rises 17%

Chairman & MD recently bought ₹7.1m worth of stock

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

Consensus EPS estimates fall by 19%

Full year 2024 earnings: EPS and revenues miss analyst expectations

CFO & Executive Director recently bought ₹479k worth of stock

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

Investor sentiment deteriorates as stock falls 19%

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

New minor risk - Share price stability

Investor sentiment improves as stock rises 19%

Chairman & MD recently sold ₹87m worth of stock

Third quarter 2024 earnings released: EPS: ₹1.09 (vs ₹1.06 in 3Q 2023)

Hi-Tech Pipes Limited Announces Change in Directorate

Investor sentiment improves as stock rises 20%

Insufficient new directors

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

Investor sentiment improves as stock rises 16%

New minor risk - Share price stability

Second quarter 2024 earnings released: EPS: ₹0.81 (vs ₹0.35 in 2Q 2023)

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

Investor sentiment improves as stock rises 16%

Hi-Tech Pipes Limited Approves Dividend

Upcoming dividend of ₹0.025 per share

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

Hi-Tech Pipes Limited to Report Fiscal Year 2024 Results on May 30, 2024

First quarter 2024 earnings released: EPS: ₹0.61 (vs ₹0.36 in 1Q 2023)

Hi-Tech Pipes Limited Announces CFO Changes

Hi-Tech Pipes Limited to Report Q1, 2024 Results on Aug 11, 2023

Full year 2023 earnings released: EPS: ₹3.06 (vs ₹3.38 in FY 2022)

Hi-Tech Pipes Limited Recommends a Dividend for the Financial Year Ended March 31, 2023

Hi-Tech Pipes Limited to Report Q4, 2023 Results on May 27, 2023

Third quarter 2023 earnings released: EPS: ₹10.61 (vs ₹8.33 in 3Q 2022)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Hi-Tech Pipes Limited announced that it expects to receive INR 1.1937 billion in funding from a group of investors

Second quarter 2023 earnings released: EPS: ₹3.54 (vs ₹8.41 in 2Q 2022)

Hi-Tech Pipes Limited Approves Final Dividend

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

Hi-Tech Pipes Limited Announces Resignation of R N Maloo as Executive Director

Upcoming dividend of ₹0.50 per share

Hi-Tech Pipes Limited Declares Final Dividend for the Financial Year 2021-22

Hi-Tech Pipes Limited, Annual General Meeting, Sep 28, 2022

Investor sentiment improved over the past week

First quarter 2023 earnings released: EPS: ₹3.65 (vs ₹7.82 in 1Q 2022)

Hi-Tech Pipes Limited to Report Q1, 2023 Results on Aug 10, 2022

Investor sentiment improved over the past week

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

Investor sentiment improved over the past week

Hi-Tech Pipes Limited Announces Board Changes

Full year 2022 earnings released: EPS: ₹33.77 (vs ₹20.85 in FY 2021)

Hi-Tech Pipes Limited Recommends Dividend for the Financial Year Ended March 31, 2022

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

Hi-Tech Pipes Limited to Report Q4, 2022 Results on May 14, 2022

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

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

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)

Chairman & MD recently sold ₹18m worth of stock

Second quarter 2022 earnings released: EPS ₹8.41 (vs ₹5.95 in 2Q 2021)