Hi-Tech Pipes Ltd.

146.05 -3.85 ▼-2.6%

01 March 2024, 04:01:00 PM
Volume: 62,501

Company Profile

Sector Iron & Steel Sector Icon Iron & Steel Compare with Sector peers
Industry Steel & Iron Products Industry Icon Steel & Iron Products Compare with Industry peers
Website http://www.hitechpipes.in
Market Cap 2,170.35 Cr.
Enterprise Value(EV) 2,452.95 Cr. 2023-09
Financial Indicators
Earnings per share (EPS) 3.25 Trailing Twelve Months Ending 2023-12
Price-Earning Ratio (PE) 44.55 Trailing Twelve Months Ending 2023-12
Industry PE 30.70 Trailing Twelve Months Ending 2023-12
Book Value / Share 34.08 Trailing Twelve Months Ending 2023-12
Price to Book Value 4.25 Calculated using Price: 144.80
Dividend Yield 0.02 Period Ending 2023-03
No. of Shares Subscribed 14.99 Cr. 149,886,000 Shares
FaceValue 1
About Hi-Tech Pipes Ltd.
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.

Hi-Tech Pipes Ltd. Delivery

Delivered Qty
Traded Qty

Hi-Tech Pipes Ltd. Performance

1 Day
-2.57%
1 Week
-6.68%
1 Month
-1.78%
3 Month
+34.98%
6 Month
+90.67%
1 Year
+87.87%
2 Year
+164.06%
5 Year
10 Year

Hi-Tech Pipes Ltd. Fundamental Ratios

8 years 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03 2023-03
Return on Equity (%) 9.8 14.5 23.03 22.2 12.97 12.18 17.56 12.78
Return on Capital Employed (%) 13.02 15.21 18.39 18 11.92 12.56 15.63 12.68
Return on Assets (%) 2.32 3.25 5.2 5.74 3.8 3.91 5.89 4.45

Hi-Tech Pipes Ltd. Balance Sheet

Particulars 9 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-09* Rs. Cr.
Shh. Funds 66 77 114 147 174 205 259 418 452
Non Curr. Liab. 45 64 84 85 103 133 167 120 125
Curr. Liab. 168 219 251 274 292 261 345 384 417
Minority Int.
Equity & Liab. 279 360 449 505 568 599 771 922 994
Non Curr. Assets 67 96 149 177 209 242 279 364 399
Curr. Assets 213 264 299 328 359 357 492 557 595
Misc. Exp. not W/O
Total Assets 279 360 449 505 568 599 771 922 994

Hi-Tech Pipes Ltd. Profit and Loss

Particulars 9 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-12 Rs. Cr. TTM
Net Sales 504 637 1,016 1,360 1,210 1,341 1,879 2,386 2,720
Other Income 1 2 1 1 1 1 1 2 2
Total Income 505 640 1,017 1,362 1,211 1,341 1,880 2,388 2,722
Total Expenditure -472 -598 -956 -1,286 -1,150 -1,270 -1,778 -2,283 -2,607
PBIDT 33 42 61 76 60 72 101 105 115
Interest -17 -20 -27 -30 -30 -32 -36 -35 -36
Depreciation -6 -7 -4 -5 -7 -8 -10 -14 -15
Taxation -4 -5 -9 -14 -3 -8 -15 -12 -16
Exceptional Items -7
PAT 7 10 21 27 20 23 40 38 49
Minority Interest
Share Associate
Other Related Items 0
Consolidated Net Profit 7 10 21 27 20 23 40 38 49
Adjusted EPS 1 1 2 3 2 2 3 3 4

Hi-Tech Pipes Ltd. Cash Flow

Particulars 8 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr.
Cash Fr. Operatn. 1 24 -6 49 25 64 -17 134
Cash Fr. Inv. -19 -39 -53 -40 -39 -40 -46 -104
Cash Fr. Finan. 23 14 59 -9 14 -25 64 -29
Net Change 5 -1 0 0 0 0 0 1
Cash & Cash Eqvt 13 1 1 1 1 1 1 2

Hi-Tech Pipes Ltd. Shareholding Pattern

9 Qtrs 2021-12 (%) 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%) 2023-12 (%)
Promoter 59.19 59.31 59.32 59.32 59.32 56.87 55.57 55.27 55.64
Public 40.81 40.69 40.68 40.68 40.68 43.13 44.43 44.73 44.36
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 2.20 1.78 1.78 1.78 1.78 1.78 2.19 1.79 3.01

Hi-Tech Pipes Ltd. Announcements

Tue, 27 Feb 2024
Announcement under Regulation 30 (LODR)-Newspaper Publication
Hi-Tech Pipes Limited has informed the Exchange regarding copy of Newspaper Publication for completion of dispatch of Notice of Postal Ballot.
Mon, 26 Feb 2024
Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
Hi-Tech Pipes Limited has informed the exchange regarding Notice of Postal Ballot.
Tue, 20 Feb 2024
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Vipul Bansal & Others

Hi-Tech Pipes Ltd. Technical Scans

Fri, 01 Mar 2024
Close Crossing Last Week Low Close Crossing Last Week Low
Close Crossing Last Month Close from Above Close Crossing Last Month Close from Above
Closing Below Previous Low Closing Below Previous Low
Making Lower Lows for 3 days Making Lower Lows for 3 days
Close Within 52 Week High Zone Close Within 52 Week High Zone

Hi-Tech Pipes Ltd. Related Stocks

Stock Name Market Cap(Rs. Cr.) LTP Chg %
JSW Steel Ltd. 204,403.27 835.85 +4.5%
Tata Steel Ltd. 187,251.84 150.00 +6.5%
Jindal Steel & Power Ltd. 83,917.55 822.65 +5.9%
Steel Authority Of India Ltd. 54,997.94 133.15 +9.8%
Jindal Stainless Ltd. 53,609.71 653.90 +2.2%
APL Apollo Tubes Ltd. 43,024.63 1,550.30 +0.2%
Motherson Sumi Wiring India Ltd. 30,956.60 70.02 -0.2%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
JSW Steel Ltd. Consolidated 2023-12 18.29 835.85 +4.5%
Tata Steel Ltd. Consolidated 2023-12 0.00 150.00 +6.5%
Jindal Steel & Power Ltd. Consolidated 2023-12 15.35 822.65 +5.9%
Steel Authority Of India Ltd. Consolidated 2023-12 17.74 133.15 +9.8%
Jindal Stainless Ltd. Consolidated 2023-12 18.00 653.90 +2.2%
APL Apollo Tubes Ltd. Consolidated 2023-12 56.33 1,550.30 +0.2%
Motherson Sumi Wiring India Ltd. Standalone 2023-12 52.89 70.02 -0.2%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
JSW Steel Ltd. Consolidated 2023-12 2.68 835.85 +4.5%
Tata Steel Ltd. Consolidated 2023-12 2.10 150.00 +6.5%
Jindal Steel & Power Ltd. Consolidated 2023-12 1.93 822.65 +5.9%
Steel Authority Of India Ltd. Consolidated 2023-12 0.98 133.15 +9.8%
Jindal Stainless Ltd. Consolidated 2023-12 3.85 653.90 +2.2%
APL Apollo Tubes Ltd. Consolidated 2023-12 12.49 1,550.30 +0.2%
Motherson Sumi Wiring India Ltd. Standalone 2023-12 20.85 70.02 -0.2%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
JSW Steel Ltd. Consolidated 2023-03 1.21 835.85 +4.5%
Tata Steel Ltd. Consolidated 2023-03 0.76 150.00 +6.5%
Jindal Steel & Power Ltd. Consolidated 2023-03 0.32 822.65 +5.9%
Steel Authority Of India Ltd. Consolidated 2023-03 0.56 133.15 +9.8%
Jindal Stainless Ltd. Consolidated 2023-03 0.32 653.90 +2.2%
APL Apollo Tubes Ltd. Consolidated 2023-03 0.29 1,550.30 +0.2%
Motherson Sumi Wiring India Ltd. Standalone 2023-03 0.06 70.02 -0.2%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
JSW Steel Ltd. Consolidated 2023-03 6.26 835.85 +4.5%
Tata Steel Ltd. Consolidated 2023-03 7.48 150.00 +6.5%
Jindal Steel & Power Ltd. Consolidated 2023-03 8.59 822.65 +5.9%
Steel Authority Of India Ltd. Consolidated 2023-03 4.00 133.15 +9.8%
Jindal Stainless Ltd. Consolidated 2023-03 22.13 653.90 +2.2%
APL Apollo Tubes Ltd. Consolidated 2023-03 23.51 1,550.30 +0.2%
Motherson Sumi Wiring India Ltd. Standalone 2023-03 39.83 70.02 -0.2%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
JSW Steel Ltd. Consolidated 2023-03 6.26 835.85 +4.5%
Tata Steel Ltd. Consolidated 2023-03 7.48 150.00 +6.5%
Jindal Steel & Power Ltd. Consolidated 2023-03 8.59 822.65 +5.9%
Steel Authority Of India Ltd. Consolidated 2023-03 4.00 133.15 +9.8%
Jindal Stainless Ltd. Consolidated 2023-03 22.13 653.90 +2.2%
APL Apollo Tubes Ltd. Consolidated 2023-03 23.51 1,550.30 +0.2%
Motherson Sumi Wiring India Ltd. Standalone 2023-03 39.83 70.02 -0.2%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
JSW Steel Ltd. Consolidated 2023-03 165,960.00 835.85 +4.5%
Tata Steel Ltd. Consolidated 2023-03 243,352.69 150.00 +6.5%
Jindal Steel & Power Ltd. Consolidated 2023-03 52,711.18 822.65 +5.9%
Steel Authority Of India Ltd. Consolidated 2023-03 104,447.72 133.15 +9.8%
Jindal Stainless Ltd. Consolidated 2023-03 35,697.03 653.90 +2.2%
APL Apollo Tubes Ltd. Consolidated 2023-03 16,165.95 1,550.30 +0.2%
Motherson Sumi Wiring India Ltd. Standalone 2023-03 7,057.40 70.02 -0.2%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
JSW Steel Ltd. Consolidated 2023-03 4,139.00 835.85 +4.5%
Tata Steel Ltd. Consolidated 2023-03 8,075.35 150.00 +6.5%
Jindal Steel & Power Ltd. Consolidated 2023-03 3,193.21 822.65 +5.9%
Steel Authority Of India Ltd. Consolidated 2023-03 2,176.53 133.15 +9.8%
Jindal Stainless Ltd. Consolidated 2023-03 2,083.83 653.90 +2.2%
APL Apollo Tubes Ltd. Consolidated 2023-03 641.86 1,550.30 +0.2%
Motherson Sumi Wiring India Ltd. Standalone 2023-03 487.00 70.02 -0.2%

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