Hi-Tech Pipes Ltd.
Snapshot View

627.60 +12.60 ▲2.1%

26 July 2021, 09:19:55 A.M.
Volume: 5,512

Overview View Details

Sector Iron & Steel Compare with Sector peers
Industry Steel & Iron Products Compare with Industry peers
Website http://www.hitechpipes.in
Financial Indicators
Market Cap 716.85 Cr.
Earnings per share (EPS) 19.56 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 31.44 Trailing Twelve Months Ending 2021-03
Industry PE 19.75 Trailing Twelve Months Ending 2021-03
Book Value / Share 175.47 Trailing Twelve Months Ending 2021-03
Price to Book Value 3.50 Calculated using Price: 615.00
Dividend Yield 0.04 Period Ending 2020-03
No. of Shares Subscribed 1.17 Cr. 11,656,100 Shares
FaceValue 10
Company Profile

Hi-Tech Pipes started in late 1985 as M/S Ram Lal Harbans Lal Limited. Later the name of the company was changed to Hi-Tech Pipes Ltd (HPL). It started production in 1988 with manufacturing of MS pipes CR coils and strips in 1996 and as a measure of backward integration installed Continuous Galvanizing Line in 2001. Thereafter in 2005 it got hot-dipped galvanizing facilities installed, in 2008 started production of highway crass barriers and hollow section in 2010, commenced production of solar mounting structures. In 2012 set up another manufacturing unit to manufacture steel tubes and hollow sections as second unit in Sikandrabad Industrial Area. In 2014 started commissioning of a new Greenfield state of art steel tubes and hollow sections manufacturing facilities in Sanand Gujrat. In July 2015 got commercial production from Sanand facilities. Today, the company’s multi-locational integrated plants have cold rolling mills to manufacture CRCA coils and strips, Continuous Galvanizing Line to manufacture Corrugated Sheets and Purling, pre-galvanized sheets required for manufacturing GP pipes, latest technology high speed tube mills to manufacture steel tubes, pipes, hollow sections of various sizes and types to cater the requirements of diverse industries and sectors.

The company has grown into a matured and experienced organization, which better understands the market needs and demands. It works with the objective of providing maximum customer satisfaction through its superior quality products, which can satisfy specific needs and requirements. The company is taking the pride of serving various industries with its products. ERW pipes & tubes for Oil & Gas and water sector, Black steel pipes, galvanized steel pipes and tubes for construction industry, precision tubes for automobile industry and hollow section for infrastructure and many more to boast of.

Business area of the company

Hi-Tech Pipes limited - an ISO 9001 certified company, is one of India's leading engineering house of excellence and innovation producing steel pipes, hollow sections, tubes, cold rolled coils, road crash barriers, solar mounting structures and strips and a variety of other galvanized products.

Key Events and Milestones

  • 1985: The company was incorporated as Ram Lal Harbans Lal Limited.
  • 1986: Certificate of Commencement of Business. 
  • 1986: The name of the company was changed to Hi-Tech Pipes Limited.
  • 1988: Started Production of MS. Pipes.
  • 1996: Started Production of Strips.
  • 1999: Issued bonus share in the ratio of 1:1 to the shareholders.
  • 2013: Issued bonus share in the ratio of 5:1 to the shareholders.
  • 2015: Issued bonus share in the ratio of 1:1 to the shareholders.
  • 2015: Gross Turnover of the company crossed Rs 500 crore.
  • 2015: Started production at Sanand plant Gujarat.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+2.05%
1 Week
+17.19%
1 Month
+50.87%
3 Month
+65.79%
6 Month
+149.00%
1 Year
+469.77%
2 Year
+244.08%
5 Year
+555.46%
5 years 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 9.80 14.50 23.03 22.20 12.97
Return on Capital Employed (%) 13.02 15.21 18.39 18.00 11.92
Return on Assets (%) 2.32 3.25 5.20 5.74 3.80

Balance Sheet View Details

Particulars 5 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 66 77 114 147 174
Non Curr. Liab. 45 64 84 85 103
Curr. Liab. 168 219 251 274 292
Minority Int.
Equity & Liab. 279 360 449 505 568
Non Curr. Assets 67 96 149 177 209
Curr. Assets 213 264 299 328 359
Misc. Exp. not W/O
Total Assets 279 360 449 505 568

Profit Loss View Details

Particulars 5 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 504 637 1,016 1,360 1,210
Other Income 1 2 1 1 1
Total Income 505 640 1,017 1,362 1,211
Total Expenditure -472 -598 -956 -1,286 -1,150
PBIDT 33 42 61 76 60
Interest -17 -20 -27 -30 -30
Depreciation -6 -7 -4 -5 -7
Taxation -4 -5 -9 -14 -3
Exceptional Items
PAT 7 10 21 27 20

Cash Flow View Details

Particulars 5 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 1 24 -6 49 25
Cash Fr. Inv. -19 -39 -53 -40 -39
Cash Fr. Finan. 23 14 59 -9 14
Net Change 5 -1 0 0 0
Cash & Cash Eqvt 13 1 1 1 1

Shareholding Pattern View Details

9 Qtrs 2019-03 (%) 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%)
Promoter 60.85 60.85 61.75 62.11 62.70 62.70 62.71 62.71 62.48
Public 39.15 39.15 38.25 37.89 37.30 37.29 37.29 37.29 37.51
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.45 0.45 7.11 7.07 7.00 7.00 7.00 7.00 7.27

Announcements View Details

Tue, 20 Jul 2021
Committee Meeting Updates
Hi-Tech Pipes Limited has informed the Exchange regarding Outcome of Committee Meeting held on July 19, 2021.
Tue, 20 Jul 2021
Outcome of Board Meeting
Hi-Tech Pipes Limited has informed the Exchange regarding Board meeting held on July 19, 2021.
Tue, 20 Jul 2021
Updates
Hi-Tech Pipes Limited has informed the Exchange regarding 'Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018'.

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Increasing Relative Strength - Benchmark index Increasing Relative Strength - Benchmark index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index

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