Hi-Tech Pipes Limited

NSEI:HITECH Stock Report

Market Cap: ₹20.9b

Hi-Tech Pipes Balance Sheet Health

Financial Health criteria checks 4/6

Hi-Tech Pipes has a total shareholder equity of ₹4.5B and total debt of ₹3.4B, which brings its debt-to-equity ratio to 75.9%. Its total assets and total liabilities are ₹9.9B and ₹5.4B respectively. Hi-Tech Pipes's EBIT is ₹985.0M making its interest coverage ratio 3.2. It has cash and short-term investments of ₹220.2M.

Key information

75.9%

Debt to equity ratio

₹3.43b

Debt

Interest coverage ratio3.2x
Cash₹220.23m
Equity₹4.52b
Total liabilities₹5.42b
Total assets₹9.94b

Recent financial health updates

No updates

Recent updates

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?

We're Watching These Trends At Hi-Tech Pipes (NSE:HITECH)

Dec 23
We're Watching These Trends At Hi-Tech Pipes (NSE:HITECH)

How Good Is Hi-Tech Pipes Limited (NSE:HITECH), When It Comes To ROE?

Nov 18
How Good Is Hi-Tech Pipes Limited (NSE:HITECH), When It Comes To ROE?

Financial Position Analysis

Short Term Liabilities: HITECH's short term assets (₹5.9B) exceed its short term liabilities (₹4.2B).

Long Term Liabilities: HITECH's short term assets (₹5.9B) exceed its long term liabilities (₹1.3B).


Debt to Equity History and Analysis

Debt Level: HITECH's net debt to equity ratio (71%) is considered high.

Reducing Debt: HITECH's debt to equity ratio has reduced from 212.2% to 75.9% over the past 5 years.

Debt Coverage: HITECH's debt is not well covered by operating cash flow (4.5%).

Interest Coverage: HITECH's interest payments on its debt are well covered by EBIT (3.2x coverage).


Balance Sheet


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