Hi-Tech Pipes Limited

NSEI:HITECH Stock Report

Market Cap: ₹33.0b

Hi-Tech Pipes Management

Management criteria checks 3/4

Hi-Tech Pipes' CEO is Ajay Bansal, appointed in Oct 2012, has a tenure of 12.17 years. total yearly compensation is ₹14.40M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 22.04% of the company’s shares, worth ₹7.27B. The average tenure of the management team and the board of directors is 1.3 years and 5.9 years respectively.

Key information

Ajay Bansal

Chief executive officer

₹14.4m

Total compensation

CEO salary percentage100.0%
CEO tenure12.2yrs
CEO ownership22.0%
Management average tenure1.3yrs
Board average tenure5.9yrs

Recent management updates

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?

CEO Compensation Analysis

How has Ajay Bansal's remuneration changed compared to Hi-Tech Pipes's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹616m

Jun 30 2024n/an/a

₹540m

Mar 31 2024₹14m₹14m

₹439m

Dec 31 2023n/an/a

₹486m

Sep 30 2023n/an/a

₹473m

Jun 30 2023n/an/a

₹412m

Mar 31 2023₹12m₹12m

₹377m

Dec 31 2022n/an/a

₹330m

Sep 30 2022n/an/a

₹302m

Jun 30 2022n/an/a

₹359m

Mar 31 2022₹10m₹10m

₹403m

Dec 31 2021n/an/a

₹356m

Sep 30 2021n/an/a

₹347m

Jun 30 2021n/an/a

₹312m

Mar 31 2021₹10m₹10m

₹228m

Dec 31 2020n/an/a

₹204m

Sep 30 2020n/an/a

₹159m

Jun 30 2020n/an/a

₹139m

Mar 31 2020₹10m₹10m

₹204m

Dec 31 2019n/an/a

₹244m

Sep 30 2019n/an/a

₹257m

Jun 30 2019n/an/a

₹279m

Mar 31 2019₹6m₹6m

₹273m

Dec 31 2018n/an/a

₹243m

Sep 30 2018n/an/a

₹235m

Jun 30 2018n/an/a

₹233m

Mar 31 2018₹6m₹6m

₹210m

Compensation vs Market: Ajay's total compensation ($USD168.41K) is below average for companies of similar size in the Indian market ($USD267.95K).

Compensation vs Earnings: Ajay's compensation has been consistent with company performance over the past year.

CEO

Ajay Bansal (67 yo)

12.2yrs

Tenure

₹14,400,000

Compensation

Mr. Ajay Kumar Bansal serves as the Chairman of Hi-Tech Pipes Limited and has been its Managing Director since October 1, 2012. He has served as a Managing Director at Hitech Saw Private Limited since Sept...

Leadership Team

NamePositionTenureCompensationOwnership
Ajay Bansal
Chairman & MD12.2yrs₹14.40m22.04%
₹ 7.3b
Anish Bansal
Whole-Time Director1.3yrs₹12.00m7.75%
₹ 2.6b
Kamleshwar Prasad
Additional Non-Independent Executive Directorless than a yearno datano data
Arvind Bansal
Group CFO & Executive Director1.3yrsno data0.0020%
₹ 649.7k
Santosh Rai
Head of Accounts & Financeno datano datano data
Ashok Aggarwal
Head of Commercialno datano datano data
Anand Amin
Head of Projectsno datano datano data

1.3yrs

Average Tenure

Experienced Management: HITECH's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Ajay Bansal
Chairman & MD39.9yrs₹14.40m22.04%
₹ 7.3b
Anish Bansal
Whole-Time Director15.8yrs₹12.00m7.75%
₹ 2.6b
Kamleshwar Prasad
Additional Non-Independent Executive Directorless than a yearno datano data
Arvind Bansal
Group CFO & Executive Director1.3yrsno data0.0020%
₹ 649.7k
Vivek Goyal
Non-Executive Independent Director6.9yrs₹300.00kno data
Prashant Saxena
Non-Executive Independent Director6.9yrs₹300.00kno data
Neerja Aggarwal
Non-Executive Independent Director4.9yrs₹300.00kno data
Mukesh Garg
Non-Executive Independent Director4yrs₹300.00kno data

5.9yrs

Average Tenure

65yo

Average Age

Experienced Board: HITECH's board of directors are considered experienced (5.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 10:38
End of Day Share Price 2024/12/27 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
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