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Hi-Tech Pipes Ltd

HITECH

Hi-Tech Pipes Ltd

HITECH
IndustrialsBuilding Products - Pipes
SmallcapWith a market cap of ₹2,465 cr, stock is ranked 952
High RiskStock is 4.77x as volatile as Nifty
164.600.06% (+0.10)
164.600.06% (+0.10)

Price Chart

High
Low
Returns
1D
1W
1M
1Y
5Y
Max
SIP
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1D
1W
1M
1Y
5Y
Max
SIP
IndustrialsBuilding Products - Pipes
SmallcapWith a market cap of ₹2,465 cr, stock is ranked 952
High RiskStock is 4.77x as volatile as Nifty
Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

IndustrialsBuilding Products - Pipes
SmallcapWith a market cap of ₹2,465 cr, stock is ranked 952
High RiskStock is 4.77x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
50.615.900.02%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
58.136.650.50%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

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 older 

Aug 11, 2023

PDF
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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 18.62%, vs industry avg of 16.77%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 2.51% to 2.81%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 12.4%, vs industry avg of 20.78%

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Financial YearFY 2015FY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023TTM
Total Revenue459.45504.91639.821,017.011,361.801,210.871,341.431,879.792,388.112,721.87
Raw Materialssubtract398.43437.78568.45929.111,229.091,115.341,216.141,737.85100.552,606.84
Power & Fuel Costsubtract13.4714.1311.9714.9417.5616.2116.6824.7730.91
Employee Costsubtract7.308.5010.5812.1213.6817.7918.7821.9926.40
Selling & Administrative Expensessubtract8.009.099.1712.6814.7317.9818.9525.3942.89
Operating & Other expensessubtract6.032.51-2.63-13.3010.59-16.93-0.72-31.672,088.40
Depreciation/Amortizationsubtract3.985.796.944.005.316.578.329.6613.7714.78
Interest & Other Itemssubtract14.6817.0520.4527.4329.8530.0432.2936.4735.3035.73
Taxes & Other Itemssubtract2.583.574.519.0213.643.488.1915.0012.2015.80
EPS0.720.010.010.020.050.190.210.340.563.81
DPS0.500.010.000.000.000.000.000.010.030.03
Payout ratio0.700.400.250.120.050.010.000.010.050.01

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

May 14PDF
Jan 21PDF
Jan 20PDF
+2 more
FY 2023

Annual report

PDF

Investor Presentation

May 27PDF
Jan 28PDF
Nov 14PDF
Aug 10PDF
FY 2024

Annual Report Pending

Investor Presentation

Aug 11PDF
 

Peers & Comparison

Comparing 3 stocks from 
IndustrialsBuilding Products - Pipes

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Hi-Tech Pipes Ltd65.425.900.02%
Astral Ltd114.8417.720.18%
APL Apollo Tubes Ltd62.2413.290.35%
Ratnamani Metals and Tubes Ltd41.918.000.39%

Price Comparison

Compare HITECH with any stock or ETF
Compare HITECH with any stock or ETF
HITECH
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Shareholdings

Promoter Holdings Trend

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding52.13%6.64%4.61%0.29%36.32%

Sep 2023

Oct 2023

Dec 2023

Jan 2024

Shareholding History

MarJunSepOctDec '23Jan1.06%0.81%0.34%0.33%0.08%0.29%

Mutual Funds Holding Trend

Increased Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has increased by 5.15%

Top 5 Mutual Funds holding Hi-Tech Pipes Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Bandhan Core Equity Fund - Growth - Direct Plan

Growth
1.4995%1.02%1.02%71/122 (+45)
HSBC Small Cap Fund - Direct Plan - Growth

Growth
1.4736%0.28%0.28%94/103 (+4)
ITI Small Cap Fund - Direct Plan - Growth Option

Growth
1.3132%1.67%0.69%55/103 (+20)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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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

Final
Final | Div/Share: ₹0.03

Dividend/Share

0.03

Ex DateEx Date

Sep 22, 2023

Cash Dividend

Ex DateEx DateSep 20, 2022

Final
Final | Div/Share: ₹0.50

Dividend/Share

0.50

Ex DateEx Date

Sep 20, 2022

Cash Dividend

Ex DateEx DateSep 17, 2020

Final
Final | Div/Share: ₹0.25

Dividend/Share

0.25

Ex DateEx Date

Sep 17, 2020

Cash Dividend

Ex DateEx DateSep 17, 2019

Final
Final | Div/Share: ₹0.25

Dividend/Share

0.25

Ex DateEx Date

Sep 17, 2019

Cash Dividend

Ex DateEx DateJul 5, 2018

Final
Final | Div/Share: ₹0.25

Dividend/Share

0.25

Ex DateEx Date

Jul 5, 2018