



Metals & Mining | Small Cap
Hi-Tech Pipes Ltd demonstrates a mixed financial performance. The company exhibits strong solvency and growth, indicating a solid financial foundation and successful expansion strategies. Profitability metrics are also robust, reflecting efficient operations and healthy earnings. However, liquidity and financial ratios are areas of concern, suggesting potential challenges in short-term obligations and returns to investors. Efficiency ratios indicate good management of receivables and fixed assets offset by inventory and capital turnover issues. Overall, Hi-Tech Pipes Ltd showcases a blend of strengths and weaknesses, requiring strategic focus on improving liquidity and financial returns to sustain long-term growth and stability. Future growth depends on how well it manages its debt and meets its short-term liabilities.
Hi-Tech Pipes Ltd demonstrates a mixed financial performance. The company exhibits strong solvency and growth, indicating a solid financial foundation and successful expansion strategies. Profitability metrics are also robust, reflecting efficient operations and healthy earnings. However, liquidity and financial ratios are areas of concern, suggesting potential challenges in short-term obligations and returns to investors. Efficiency ratios indicate good management of receivables and fixed assets offset by inventory and capital turnover issues. Overall, Hi-Tech Pipes Ltd showcases a blend of strengths and weaknesses, requiring strategic focus on improving liquidity and financial returns to sustain long-term growth and stability. Future growth depends on how well it manages its debt and meets its short-term liabilities.
Overall Valuation Score
Markets Depth NSE
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0
0
Sell Orders
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0
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Markets Today NSE
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0.00
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0.00
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0.00
Avg Price
0.00
Volume
0
Last Traded Quantity
0
Last Traded Time
N/A
Price Movement Indicator
Today's Low: 0.00
Today's High: 0.00
P/E RATIO (TTM)
26.56
Industry Median
21.98
Small Cap Median
21.26
P/E RATIO
22.38
P/B RATIO
1.28
Industry Median
1.47
Small Cap Median
1.43
P/S RATIO
0.39
Industry Median
0.81
Small Cap Median
0.72
Others
PEG RATIO
0.00
EV/EBITDA RATIO
9.33
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹83.93 as on Aug 10, 2026.
The company demonstrates excellent growth across all key metrics, including revenue, operating profit, EPS, assets, and net income. This indicates a strong expansion trajectory and effective strategies for increasing business volume and profitability. Such consistent growth reflects the company's ability to capitalize on market opportunities. The score is based on a weighted average of the growth rates over the past five years.
| Growth Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue Growth Rate | 40.12 | 26.98 | 13.12 | 13.67 | 36.9 |
| Operating Profit Growth Rate | 42.25 | 1.98 | 11.65 | 39.13 | 8.75 |
| Earnings Per Share (EPS) Growth | 62.07 | -10.33 | -0.68 | 22.53 | 4.46 |
| Asset Growth Rate | 28.38 | 19.12 | 28.71 | 48.94 | 15.26 |
| Net Income Growth Rate | 73.91 | -5 | 15.79 | 65.91 | 4.11 |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | JTL Industries Ltd | 8.26 | 30.06 | Overvalued | 154.00 | 2.24 | 103.00 |
| 2 | Tembo Global Industries Ltd | 8.09 | 1.26 | Neutral | 142.00 | 33.85 | 98.00 |
| 3 | Hi-Tech Pipes Ltd | 7.92 | 22.38 | Neutral | 174.00 | 3.16 | 76.00 |
| 4 | Mahamaya Steel Industries Ltd | 7.80 | 142.14 | Neutral | 24.00 | 5.32 | 10.00 |
| 5 | Gandhi Special Tubes Ltd | 7.75 | 15.68 | Overvalued | 84.00 | 56.26 | 68.00 |
| 6 | Aeroflex Industries Ltd | 7.43 | 100.18 | Neutral | 100.00 | 4.18 | 56.00 |
| 7 | Hariom Pipe Industries Ltd | 7.39 | 16.37 | Neutral | 209.00 | 24.49 | 76.00 |
| 8 | Electrotherm (India) Ltd | 7.22 | 2.94 | Highly Undervalued | 372.00 | -12.70 | 442.00 |
| 9 | Jash Engineering Ltd | 6.64 | 42.03 | Highly Overvalued | 102.00 | 10.77 | 76.00 |
| 10 | Bharat Wire Ropes Ltd | 6.34 | 13.60 | Overvalued | 164.00 | 10.56 | 96.00 |
| 11 | Rama Steel Tubes Ltd | 6.05 | 59.38 | Neutral | 17.00 | 0.09 | 11.00 |
| 12 | Venus Pipes & Tubes Ltd | 5.87 | 32.91 | Neutral | 191.00 | 49.22 | 102.00 |
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Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Market Sentiment
Analysis Driven By 26 Technical Indicators From The 1 Hour Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Hi-Tech Pipes Ltd is a leading manufacturer of steel pipes, tubes, and related products in India. The company specializes in ERW pipes, hollow sections, galvanised pipes, and cold-rolled steel strips. It serves diverse sectors like infrastructure, agriculture, construction, and general engineering, establishing a strong market presence through its integrated manufacturing facilities and extensive distribution network.
P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Hi-Tech Pipes Ltd's P/E ratio (TTM) is 26.56, compared to the industry median of 21.98 and large cap median of 21.26.
P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Hi-Tech Pipes Ltd's P/B ratio is 1.28, compared to the industry median of 1.47 and large cap median of 1.43.
P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Hi-Tech Pipes Ltd's P/S ratio is 0.39, compared to the industry median of 0.81 and large cap median of 0.72.
PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Hi-Tech Pipes Ltd's PEG ratio is 0.90.
EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Hi-Tech Pipes Ltd's EV/EBITDA ratio is 9.33.
Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Hi-Tech Pipes Ltd's ROE is 5.70%.
Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Hi-Tech Pipes Ltd's ROA is 8.60%.
Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Hi-Tech Pipes Ltd's ROCE is 10%.
Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Hi-Tech Pipes Ltd's operating margin is 4.14%.
Net Margin: Net margin shows what percentage of revenue converts into final net profit. Hi-Tech Pipes Ltd's net margin is 1.81%.
Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Hi-Tech Pipes Ltd's current ratio is 2.14.
Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Hi-Tech Pipes Ltd's debt-to-equity ratio is 0.06.
Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Hi-Tech Pipes Ltd's interest coverage ratio is 3.10.
Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Hi-Tech Pipes Ltd's DPS is ₹0.
Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Hi-Tech Pipes Ltd's EPS is 4.46.
(Source line: "Ratios as of 10 Aug 2026, based on last traded price of ₹83.93. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")
1985: Incorporated as Hi-Tech Pipes Private Limited. 1993: Converted into a Public Limited Company. 2010: Commenced operations at the Sanand, Gujarat plant, expanding manufacturing capabilities. 2016: Listed on the National Stock Exchange (NSE). 2017: Expanded manufacturing capacity with new facilities, strengthening market position. Present: Continues as a prominent manufacturer of steel tubes and related products, focusing on value-added offerings and market reach.
| Segment Name | Revenue % | EBITDA |
|---|---|---|
| Steel Pipes and Tubes | 100% | Operating Profit |
Mr. Ajay Kumar Bansal - Managing Director & CEO. He is the founder of the company and plays a pivotal role in its strategic direction, growth, and operational management.
Bonus Issue: 1:1 in November 2023. Bonus Issue: 1:2 in September 2017. Stock Split: From face value ₹10 to ₹1 (1:10) in May 2022.
References
The Hi-Tech Pipes Ltd share price today is ₹83.93 on NSE (HITECH), as of 11 Aug 2026.
As of 10 Aug 2026, Hi-Tech Pipes Ltd share price is ₹83.93, with previous close ₹N/A. Today's range is ₹N/A to ₹N/A. The 52-week range is ₹N/A to ₹N/A.
As of today, Hi-Tech Pipes Ltd's market cap is ₹1,636.64 crore (Small Cap).
Hi-Tech Pipes Ltd's current P/E ratio is 26.56, compared to the METALS & MINING sector average of 58.
Hi-Tech Pipes Ltd's current P/B ratio is 1.28.
Hi-Tech Pipes Ltd's current dividend yield is N/A. Last dividend of ₹0.75 per share was declared on 15-Sep-2023.
Hi-Tech Pipes Ltd's EPS (TTM) is ₹4.46.
Hi-Tech Pipes Ltd is a leading manufacturer of steel pipes, tubes, and related products in India. The company specializes in ERW pipes, hollow sections, galvanised pipes, and cold-rolled steel strips. It serves diverse sectors like infrastructure, agriculture, construction, and general engineering, establishing a strong market presence through its integrated manufacturing facilities and extensive distribution network.
Hi-Tech Pipes Ltd is promoted by Ajay Kumar Bansal / Bansal Group, holding 43.76% as of 10 Aug 2026.
Hi-Tech Pipes Ltd is listed on NSE (HITECH) and BSE (543411). Its next quarterly results are expected on July/August 2024.