Hi-Tech Pipes Ltd

Net profit of Hi-Tech Pipes declined 0.17% to Rs 17.60 crore in the quarter ended March 2026 as against Rs 17.63 crore during the previous quarter ended March 2025. Sales rose 101.76% to Rs 1480.36 crore in the quarter ended March 2026 as against Rs 733.74 crore during the previous quarter ended March 2025. For the full year,net profit rose 4.40% to Rs 76.16 crore in the year ended March 2026 as against Rs 72.95 crore during the previous year ended March 2025. Sales rose 36.92% to Rs 4200.07 crore in the year ended March 2026 as against Rs 3067.64 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1480.36733.74 102 4200.073067.64 37 OPM %3.134.76 -4.135.22 - PBDT30.8428.34 9 128.57118.91 8 PBT23.2224.08 -4 101.4797.99 4 NP17.6017.63 0 76.1672.95 4 Powered by Capital Market - Live

Hi-Tech Pipes will hold a meeting of the Board of Directors of the Company on 28 May 2026.

Sequentially, volumes increased around 8% from 1,36,067 MT recorded in Q3 FY26. For the full year FY26, the company reported total sales of 5,32,437 MT, up about 10% from 4,85,447 MT in FY25. The volume growth was driven by strong demand across the company's ERW steel pipe and tube segments, supporting its ongoing expansion in both domestic and industrial markets. Ajay Kumar Bansal, managing director (MD), Hi-Tech Pipes, said: 'We are pleased to report a strong operational performance in Q4FY28, with sales volume increasing by approximately 27% YoY to 1,47,125 MT and 8% sequentially over Q3FY26, marking the highest ever quarterly sales volume achieved by the Company. For the full year FY26, the company recorded a sales volume of 5,32,437 MT, reflecting a growth of around 10% over FY25 and achieving the highest ever annual sales volume. This performance underscores our focus on operational efficiency, capacity utilization, and strengthening market presence. We remain optimistic about the demand outlook and are well-positioned to sustain this growth momentum going forward. Hi-Tech Pipes is one of the leading steel tubes and pipes manufacturers in India. It provides innovative products for nearly four decades with a strong presence in steel pipes, hollow sections, tubes, cold rolled coils & strips, road crash barriers, solar mounting structures, GP/GC Sheets, color coated coils and a variety of other galvanised products. Hi-Tech Pipes has reported 14.2% fall in consolidated net profit to Rs 17.38 crore despite a 24.6% increase in net revenue from operations to Rs 1,069.58 crore in Q3 FY26 as compared with Q3 FY25.

The Sikandrabad facility hosts a production capacity of 0.12 million tons. It would specialise in the production on ERW pipes and hollow sections. With the commencement of commercial production at Sikandrabad, and supported by recently commissioned capacities at other locations, the company has raised its total installed annual capacity to 1.05 million tons. Ajay Kumar Bansal, chairman and managing director, Hi-Tech Pipes, said: 'With this commissioning, we have reached the important milestone of 1 million ton of installed capacity, reflecting our disciplined execution and long-term strategic vision. As we move ahead, we are actively gearing up for the next phase of expansion, targeting an additional 1 million tons of capacity.' Hi-Tech Pipes had announced its earnings for the December quarter on Saturday (07 February 2026). The company has reported 14.2% fall in consolidated net profit to Rs 17.38 crore despite a 24.6% increase in net revenue from operations to Rs 1,069.58 crore in Q3 FY26 as compared with Q3 FY25. Total expenses for the period under review aggregated to Rs 1,046.63 crore, up 25.7% YoY. Profit before tax in Q3 FY26 stood at Rs 23.20 crore, down by 14.3% from Rs 27.06 crore recorded in Q3 FY25. Hi-Tech Pipes is one of the leading steel tubes and pipes manufacturers in India. It provides innovative products for nearly four decades with a strong presence in steel pipes, hollow sections, tubes, cold rolled coils & strips, road crash barriers, solar mounting structures, GP/GC Sheets, color coated coils and a variety of other galvanised products. Powered by Capital Market - Live

Hi-Tech Pipes has commenced commercial production at its 1,20,000 MTPA capacity greenfield manufacturing facility (Unit 3) at Sikandrabad, Uttar Pradesh. With this, the company has achieved a landmark milestone of 1 million tons of installed annual capacity. Powered by Capital Market - Live

Net profit of Hi-Tech Pipes declined 9.19% to Rs 17.39 crore in the quarter ended December 2025 as against Rs 19.15 crore during the previous quarter ended December 2024. Sales rose 40.55% to Rs 1069.59 crore in the quarter ended December 2025 as against Rs 761.02 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales1069.59761.02 41 OPM %3.925.29 - PBDT29.8831.85 -6 PBT23.2125.59 -9 NP17.3919.15 -9 Powered by Capital Market - Live

Total expenses for the period under review aggregated to Rs 1,046.63 crore, up 25.7% YoY. Profit before tax in Q3 FY26 stood at Rs 23.20 crore, down by 14.3% from Rs 27.06 crore recorded in Q3 FY25. Hi-Tech Pipes is one of the leading steel tubes and pipes manufacturers in India. It provides innovative products for nearly four decades with a strong presence in steel pipes, hollow sections, tubes, cold rolled coils & strips, road crash barriers, solar mounting structures, GP/GC Sheets, color coated coils and a variety of other galvanised products. The scrip had shed 0.12% to end at Rs 80.79 on the BSE on Friday. Powered by Capital Market - Live

Hi-Tech Pipes will hold a meeting of the Board of Directors of the Company on 7 February 2026.Powered by Capital Market - Live

Hi-Tech Pipes announced the commencement of commercial production at its greenfield manufacturing facility at Kathua, J&K. The Kathua facility has an installed capacity of 80,000 tonnes per annum (MTPA) and is designed to manufacture ERW steel pipes as well as coated and other value-added steel products. The plant has been developed with modern manufacturing infrastructure, enhanced automation, and robust quality-control systems, enabling the Company to meet stringent customer specifications and evolving industry standards. With the commissioning of the Kathua facility, Hi-Tech Pipes is now very close to achieving 1 million tonnes of installed manufacturing capacity, reinforcing its position as one of the fastest-growing steel tube and pipe manufacturers in the country. The commissioning of this Greenfield plant aligns closely with the Company's strategic focus on increasing the share of value-added products (VAPs) in its overall sales mix. With greater emphasis on coated and specialized steel offerings, Hi-Tech Pipes expects to benefit from an improved product mix, enhanced realizations, and better EBITDA per tonne over the medium to long term. The newly commissioned capacity is expected to begin contributing meaningfully from mid of Q4FY26 onwards, supporting both volume growth and profitability.Powered by Capital Market - Live

Hi-Tech Pipes announced its sales volume performance for the quarter ended 31 December 2025 (Q3 FY26). Sales Volume Highlights ' Q3 FY26 Sales Volume: Sales volumes for Q3FY26 increased by approximately 10%, rising from 1,24,233 MT in Q3FY25 to 1,36,067 MT in Q3FY26. Quarter-on-Quarter Growth: Sales volumes grew by 9% approx. compared to 1,25,218 MT recorded in Q2FY26Powered by Capital Market - Live