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Hi-Tech Pipes Ltd

Hi-Tech Pipes Ltd

HITECH Share Price

NSE
82.771.73% (+1.41)
High
Low
Returns
1D
1W
1M
1Y
5Y
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1W
1M
1Y
5Y
Max
SIP

With a market cap of ₹1,677 cr, stock is ranked 1,215

Stock is 3.27x as volatile as Nifty

HITECH Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

Avg

Average profitability - not good, not bad

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹1,677 cr, stock is ranked 1,215

Stock is 3.27x as volatile as Nifty

HITECH Performance & Key Metrics

HITECH Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
22.021.330.04%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
41.746.150.64%

HITECH Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 2 analysts

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

HITECH 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 View older 

Feb 7, 2026

PDF
View Older Presentations

HITECH Similar Stocks (Peers)

Compare with peers Compare with peers 

HITECH Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
78.95
78.95
1Y Return
47.13%
47.13%
Buy Reco %
82.35
82.35
PE Ratio
86.64
86.64
1Y Return
26.94%
26.94%
Buy Reco %
76.92
76.92
PE Ratio
30.48
30.48
1Y Return
10.09%
10.09%
Buy Reco %
80.00
80.00
PE Ratio
14.49
14.49
1Y Return
3.87%
3.87%
Buy Reco %
50.00
50.00
PE Ratio
6.11
6.11
1Y Return
38.86%
38.86%
Buy Reco %
100.00
100.00
Compare with Peers

HITECH Sentiment Analysis

HITECH Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

HITECH Stock Summary · February 2026

Hi-Tech Pipes Limited achieved a remarkable 40% year-on-year revenue growth, reaching INR 1,070 crores, driven by robust sales and large infrastructure projects, despite a 9% decline in profit after tax due to falling hot-rolled coil prices. The introduction of a 12% safeguard duty is anticipated to stabilize pricing and enhance margins, while the company’s strategic focus on value-added products aims to increase their share from 37% to 50%. With significant capacity expansions underway, targeting 2 million tons by FY '29, and a commitment to long-term raw material supply agreements, Hi-Tech is well-positioned to capitalize on strong market demand, particularly in the building and construction sectors. Additionally, the company is set to boost its export volume to 10%, leveraging favorable trade agreements and a solid order book, indicating promising growth prospects ahead.

HITECH Stock Growth Drivers
HITECH Stock Growth Drivers
7
  • Record Financial Performance

    Hi-Tech Pipes Limited achieved a record quarterly performance in Q3 FY26, with revenue from operations

  • Operational Expansion and Capacity Growth

    The company has commenced commercial production at its Sanand Unit II Phase 2, adding 100,000

HITECH Stock Challenges
HITECH Stock Challenges
3
  • Decline in Profitability

    In Q3 FY '26, Hi-Tech Pipes Limited reported a 9% year-on-year decline in profit after

  • Impact of Cheaper Imports

    The company faced challenges due to a sharp drop in hot-rolled coil prices, primarily caused

HITECH Forecast

HITECH Forecasts

Price

Revenue

Earnings

HITECH

HITECH

Income

Balance Sheet

Cash Flow

HITECH Income Statement

HITECH Income Statement

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Quartersep 2023dec 2023mar 2024jun 2024sep 2024dec 2024mar 2025jun 2025sep 2025dec 2025
Total Revenue746.73630.54680.76867.51706.87761.40733.76792.29859.911,069.84
Operating & Other expensessubtract719.24598.52645.69824.29663.71720.78698.82750.33814.441,027.71
Depreciation/Amortizationsubtract3.063.755.945.135.286.264.266.176.646.67
Interest & Other Itemssubtract10.399.2714.2614.0813.568.776.607.8211.7712.25
Taxes & Other Itemssubtract3.514.673.745.956.206.446.457.046.815.82
EPS0.811.090.841.161.101.080.951.041.010.84

HITECH Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2026FY 2026

Annual Report Pending

Investor Presentation

Feb 7PDF
Nov 12PDF
Aug 8PDF
FY 2025FY 2025

Annual report

PDF

Investor Presentation

May 26PDF
Feb 12PDF
FY 2024FY 2024

Annual report

PDF

Investor Presentation

Aug 11PDF
FY 2023FY 2023

Annual report

PDF

Investor Presentation

May 27PDF
Jan 28PDF
Nov 14PDF
Aug 10PDF
FY 2022FY 2022

Annual report

PDF
FY 2021FY 2021

Annual report

PDF
 

HITECH Stock Peers

HITECH Past Performance & Peer Comparison

HITECH Past Performance & Peer Comparison

Comparing 3 stocks from 
IndustrialsBuilding Products - Pipes

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Hi-Tech Pipes Ltd23.001.330.04%
APL Apollo Tubes Ltd78.9514.200.27%
Astral Ltd86.6412.290.22%
Ratnamani Metals and Tubes Ltd30.484.520.59%

HITECH Stock Price Comparison

Compare HITECH with any stock or ETF
Compare HITECH with any stock or ETF
HITECH
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HITECH Holdings

HITECH Shareholdings

HITECH Promoter Holdings Trend

HITECH Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

HITECH Institutional Holdings Trend

HITECH 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

HITECH Shareholding Pattern

HITECH Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding43.64%12.09%3.78%1.41%39.09%

Mar 2025

Jun 2025

Sep 2025

Dec 2025

HITECH Shareholding History

HITECH Shareholding History

OctDec '24MarJunSepDec '2512.98%9.79%8.96%1.70%2.39%1.41%

Mutual Funds Invested in HITECH

Mutual Funds Invested in HITECH

No mutual funds holding trends are available

Top 5 Mutual Funds holding Hi-Tech Pipes Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
4.9895%0.43%-0.05%169/256 (-2)
3.2279%0.38%-0.18%91/138 (-6)
1.8435%0.20%-0.05%107/116 (-12)

Compare 3-month MF holding change on Screener

HITECH Insider Trades & Bulk Stock Deals

HITECH Insider Trades & Bulk Stock Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases containing HITECH stock

smallcases containing HITECH stock

Looks like this stock is not in any smallcase yet.

HITECH Events

HITECH Events

HITECH Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

HITECH Dividend Trend

No dividend trend available

HITECH Upcoming Dividends

HITECH Upcoming Dividends

No upcoming dividends are available

HITECH Past Dividends

HITECH Past Dividends

Cash Dividend

Ex DateEx DateSep 19, 2025

Final
Final | Div/Share: ₹0.03

Dividend/Share

0.03

Ex DateEx Date

Sep 19, 2025

Cash Dividend

Ex DateEx DateSep 13, 2024

Final
Final | Div/Share: ₹0.03

Dividend/Share

0.03

Ex DateEx Date

Sep 13, 2024

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

HITECH Stock News & Opinions

HITECH Stock News & Opinions

Spotlight
Hi-Tech Pipes gains after Sikandrabad units commences commercial production

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

3 weeks agoCapital Market - Live
Corporate
Hi-Tech Pipes starts commercial production at its greenfield unit in Sikandrabad

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

3 weeks agoCapital Market - Live
Earnings
Hi-Tech Pipes consolidated net profit declines 9.19% in the December 2025 quarter

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

3 weeks agoCapital Market - Live
Spotlight
Hi-Tech Pipes posts over 14% YoY drop in Q3 PAT

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

3 weeks agoCapital Market - Live
Corporate
Hi-Tech Pipes to declare Quarterly Results

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

1 month agoCapital Market - Live
Corporate
Hi-Tech Pipes commences commercial production of greenfield unit at Kathua, J&K

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

1 month agoCapital Market - Live
Corporate
Hi-Tech Pipes records 9% QoQ growth in Q3 sales volumes

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

2 months agoCapital Market - Live
Corporate
Hi-Tech Pipes commences commercial production at Sanand Unit II Phase II

Hi-Tech Pipes has commenced commercial production at its Sanand Unit II - Phase II (Gujarat) brownfield expansion. With this commissioning, the company's total capacity has increased by 1 lakh MTPA  to 8.50 lakh MTPA. Powered by Capital Market - Live

3 months agoCapital Market - Live
Earnings
Hi-Tech Pipes consolidated net profit rises 11.87% in the September 2025 quarter

Net profit of Hi-Tech Pipes rose 11.87% to Rs 20.26 crore in the quarter ended September 2025 as against Rs 18.11 crore during the previous quarter ended September 2024. Sales rose 21.66% to Rs 858.77 crore in the quarter ended September 2025 as against Rs 705.90 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales858.77705.90 22 OPM %5.165.98 - PBDT33.7129.59 14 PBT27.0724.31 11 NP20.2618.11 12 Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Hi-Tech Pipes to discuss results

Hi-Tech Pipes will hold a meeting of the Board of Directors of the Company on 12 November 2025.Powered by Capital Market - Live

3 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of Hi-Tech Pipes Ltd (HITECH) today?

    The share price of HITECH as on 6th March 2026 is ₹82.77. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Hi-Tech Pipes Ltd (HITECH) share?

    The past returns of Hi-Tech Pipes Ltd (HITECH) share are
    • Past 1 week: -6.23%
    • Past 1 month: 2.34%
    • Past 3 months: -15.45%
    • Past 6 months: -7.89%
    • Past 1 year: -26.94%
    • Past 3 years: -4.16%
    • Past 5 years: 134.34%

  3. What are the peers or stocks similar to Hi-Tech Pipes Ltd (HITECH)?
  4. What is the dividend yield % of Hi-Tech Pipes Ltd (HITECH) share?

    The current dividend yield of Hi-Tech Pipes Ltd (HITECH) is 0.04.

  5. What is the market cap of Hi-Tech Pipes Ltd (HITECH) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Hi-Tech Pipes Ltd (HITECH) is ₹1677.83 Cr as of 6th March 2026.

  6. What is the 52 week high and low of Hi-Tech Pipes Ltd (HITECH) share?

    The 52-week high of Hi-Tech Pipes Ltd (HITECH) is ₹127.50 and the 52-week low is ₹70.70.

  7. What is the PE and PB ratio of Hi-Tech Pipes Ltd (HITECH) stock?

    The P/E (price-to-earnings) ratio of Hi-Tech Pipes Ltd (HITECH) is 23.00. The P/B (price-to-book) ratio is 1.33.

  8. Which sector does Hi-Tech Pipes Ltd (HITECH) belong to?

    Hi-Tech Pipes Ltd (HITECH) belongs to the Industrials sector & Building Products - Pipes sub-sector.

  9. How to buy Hi-Tech Pipes Ltd (HITECH) shares?

    You can directly buy Hi-Tech Pipes Ltd (HITECH) shares on Tickertape. Simply sign up, connect your demat account and place your order.