Hi-Tech Pipes Ltd
HITECHHi-Tech Pipes Ltd
HITECH
Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 31.04 | 3.52 | 0.03% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 34.39 | 5.27 | 1.46% |
Forecast & Ratings
Detailed ForecastPrice
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Hi -Tech Pipes Limited is a company which produces steel pipes, hollow sections, tubes, cold rolled coils, road crash barriers, solar mounting structures and strips, and a range of other galvanized products.
Investor Presentation
View olderPeers
Compare with peersAstral Ltd
APL Apollo Tubes Ltd
Ratnamani Metals and Tubes Ltd
Jindal SAW Ltd
Maharashtra Seamless Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
Hmm, looks like data is unavailable here. Please come back after some timeRevenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 459.45 | 504.91 | 639.82 | 1,017.01 | 1,361.80 | 1,210.87 | 1,341.43 | 1,879.79 | 2,388.11 | 2,661.13 | ||||||||||
Raw Materials | 398.43 | 437.78 | 568.45 | 929.11 | 1,229.09 | 1,115.34 | 1,216.14 | 1,737.85 | 100.55 | 2,549.54 | ||||||||||
| Power & Fuel Cost | 13.47 | 14.13 | 11.97 | 14.94 | 17.56 | 16.21 | 16.68 | 24.77 | 30.91 | |||||||||||
| Employee Cost | 7.30 | 8.50 | 10.58 | 12.12 | 13.68 | 17.79 | 18.78 | 21.99 | 26.40 | |||||||||||
| Selling & Administrative Expenses | 8.00 | 9.09 | 9.17 | 12.68 | 14.73 | 17.98 | 18.95 | 25.39 | 42.89 | |||||||||||
| Operating & Other expenses | 6.03 | 2.51 | -2.63 | -13.30 | 10.59 | -16.93 | -0.72 | -31.67 | 2,088.40 | |||||||||||
EBITDA | 26.22 | 32.90 | 42.28 | 61.46 | 76.15 | 60.48 | 71.60 | 101.46 | 98.96 | 111.59 | ||||||||||
| Depreciation/Amortization | 3.98 | 5.79 | 6.94 | 4.00 | 5.31 | 6.57 | 8.32 | 9.66 | 13.77 | 14.65 | ||||||||||
| PBIT | 22.24 | 27.11 | 35.34 | 57.46 | 70.84 | 53.91 | 63.28 | 91.80 | 85.19 | 96.94 | ||||||||||
| Interest & Other Items | 14.68 | 17.05 | 20.45 | 27.43 | 29.85 | 30.04 | 32.29 | 36.47 | 35.30 | 34.02 | ||||||||||
| PBT | 7.56 | 10.06 | 14.89 | 30.03 | 40.99 | 23.87 | 30.99 | 55.33 | 49.89 | 62.92 | ||||||||||
| Taxes & Other Items | 2.58 | 3.57 | 4.51 | 9.02 | 13.64 | 3.48 | 8.19 | 15.00 | 12.20 | 15.51 | ||||||||||
| Net Income | 4.98 | 6.49 | 10.38 | 21.01 | 27.35 | 20.39 | 22.80 | 40.33 | 37.69 | 47.41 | ||||||||||
| EPS | 0.72 | 0.01 | 0.01 | 0.02 | 0.05 | 0.19 | 0.21 | 0.34 | 0.56 | 3.71 | ||||||||||
| DPS | 0.50 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.03 | 0.03 | ||||||||||
| Payout ratio | 0.70 | 0.40 | 0.25 | 0.12 | 0.05 | 0.01 | 0.00 | 0.01 | 0.05 | 0.01 |
Company Updates
Peers & Comparison
IndustrialsBuilding Products - Pipes
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Hi-Tech Pipes Ltd | 39.05 | 3.52 | 0.03% |
| Astral Ltd | 115.88 | 17.88 | 0.18% |
| APL Apollo Tubes Ltd | 68.74 | 14.68 | 0.31% |
| Ratnamani Metals and Tubes Ltd | 50.09 | 9.56 | 0.33% |
Price Comparison
Compare HITECH with any stock or ETFShareholdings
Promoter Holdings Trend
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
No institutional holdings trend are available
Shareholding Pattern
Mar 2023
Jun 2023
Sep 2023
Oct 2023
Shareholding History
Mutual Funds Holding Trend
No mutual funds holding trends are available
Top 4 Mutual Funds holding Hi-Tech Pipes Ltd
| Funds (Top 4) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
ITI Small Cap Fund - Direct Plan - Growth Option Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0000% | Percentage of the fund’s portfolio invested in the stock 0.98% | Change in the portfolio weight of the stock over the last 3 months 0.98% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 0/104 (0) |
ITI ELSS Tax Saver Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0000% | Percentage of the fund’s portfolio invested in the stock 0.92% | Change in the portfolio weight of the stock over the last 3 months 0.92% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 0/78 (0) |
ITI MULTI CAP FUND DIRECT PLAN GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0000% | Percentage of the fund’s portfolio invested in the stock 1.00% | Change in the portfolio weight of the stock over the last 3 months 1.00% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 0/86 (0) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateSep 22, 2023
Dividend/Share
₹0.03
Ex DateEx Date
Sep 22, 2023
Cash Dividend
Ex DateEx DateSep 20, 2022
Dividend/Share
₹0.50
Ex DateEx Date
Sep 20, 2022
Cash Dividend
Ex DateEx DateSep 17, 2020
Dividend/Share
₹0.25
Ex DateEx Date
Sep 17, 2020
Cash Dividend
Ex DateEx DateSep 17, 2019
Dividend/Share
₹0.25
Ex DateEx Date
Sep 17, 2019
Cash Dividend
Ex DateEx DateJul 5, 2018
Dividend/Share
₹0.25
Ex DateEx Date
Jul 5, 2018
News & Opinions
Hi-Tech Pipes shares jump 10% after strong quarterly earnings
6 months ago•Business Today
Hi-Tech Pipes’s net profit grows 42% to Rs 16 crore in March 2023 quarter
6 months ago•Business Standard
Bharat Electronics to consider dividend; Hi-Tech Pipes, 2 other shares to go ex-split today
8 months ago•Business Today
Hi-Tech Pipes splits shares in 1:10 ratio to increase liquidity
8 months ago•Bloomberg Quint
Hi-Tech Pipes splits shares in 10:10 ratio to increase liquidity
8 months ago•Moneycontrol
Hi-Tech Pipes Nears 52-Wk High on Ex-Split Day, Buoys 71% in 1 Year
8 months ago•Investing.com
Hi-Tech Pipes shares to trade ex-split on Friday; stock turns flat after early gains
8 months ago•Business Today
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 18.62%, vs industry avg of 16.77%
Increasing Market Share
Over the last 5 years, market share increased from 2.51% to 2.81%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 12.4%, vs industry avg of 20.98%