Hi-Tech Pipes Limited

Capital Goods · Industrial Products

NSE: HITECH BSE: 543411
₹72.61
Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Industrial Products

The largest companies in the same industry by market cap. This company ranks #102 of 335. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

CompanyMarket cap (₹ Cr)PE (TTM)ROE1Y returnDiv. yieldQualityValuationMomentum
Cummins India Limited 131,947 57.8 27.9% 23.7% 1.39% 84 0 27
Polycab India Limited 120,900 43.0 22.3% 9.2% 0.59% 83 27 61
Welspun Corp Limited 71,672 81.9 17.2% 217.6% 0.18% 71 0 53
APL Apollo Tubes Limited 60,810 105.9 22.7% 26.5% — 68 0 51
Supreme Industries Limited 43,837 46.5 15.5% -17.6% — 76 0 49
KEI Industries Limited 42,590 42.7 13.8% 10.4% 0.10% 70 29 61
Astral Limited 36,816 56.6 13.2% -0.4% — 76 12 12
AIA Engineering Limited 36,106 27.9 15.8% 19.1% 0.41% 71 29 61
Hi-Tech Pipes Limited (this stock) 1,475 23.8 5.7% -38.6% — 47 71 46

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value
₹1,570 Cr
EV / EBITDA
10.3x
EV / Sales
0.40x
Market cap / Sales
0.38x
Earnings yield
4.20%

Quarterly Financials

↑ Positive
Quarterly Revenue

Jun 2026 quarterly revenue is Rs 1,113 Cr, up 76.1% YoY.

↓ Negative
Quarterly Net Profit

Jun 2026 quarterly net profit is Rs 15 Cr, down 15.1% YoY.

Period endRevenue (₹ Cr)PBT (₹ Cr)Net profit (₹ Cr)Basic EPS
June 30, 2026 1,112 20 15 ₹0.7500
March 31, 2026 1,189 21 16 ₹0.8100
Dec. 31, 2025 902 18 14 ₹0.6700
Sept. 30, 2025 721 22 17 ₹0.8200
June 30, 2025 631 24 18 ₹0.8800
March 31, 2025 572 22 16 ₹0.8800
Dec. 31, 2024 634 23 17 ₹0.9400
Sept. 30, 2024 621 21 15 ₹0.9300
June 30, 2024 723 20 15 ₹0.9900
March 31, 2024 565 8 6 ₹0.4600
Dec. 31, 2023 518 16 12 ₹0.9100
Sept. 30, 2023 603 12 9 ₹0.7000
June 30, 2023 520 9 7 ₹0.5000

Quarterly income statement (standalone, ₹ Cr)

IndicatorJun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23
Total income (before exceptional items)1,1131,189902722632572634622724565519604521
Operating revenue1,1121,189902721631572634621723565518603520
Other income100010011-0010
Operating expenses1,0741,148868684597541599586688539493582504
Operating profit39413437353035353526252116
Operating profit margin3.5%3.5%3.7%5.1%5.5%5.3%5.5%5.7%4.9%4.6%4.8%3.5%3.1%
Depreciation7766545545322
Interest13131010657111113675
Exceptional items, gain / (loss)—————————————
Profit before tax202118222422232120816129
Tax5556666552432
Net profit15161417181617151561297
EPS0.750.810.670.820.880.880.940.930.990.460.910.700.50
Net profit (TTM)61646467666453494334413832
EPS (TTM)3.053.183.253.523.633.743.323.293.062.573.229.1411.18

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year endedRevenue (₹ Cr)PBT (₹ Cr)Net profit (₹ Cr)
March 31, 2026 3,443 86 64
March 31, 2025 2,550 86 64
March 31, 2024 2,207 45 34
March 31, 2023 1,861 38 29

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

IndicatorCAGR 3YCAGR 5YMar 26Mar 25Mar 24Mar 23
Total income (before exceptional items) 22.7% — 3,445†2,552†2,209†1,863†
Operating revenue 22.8% — 3,4432,5502,2071,861
Other income — — 2†2†1†2†
Operating expenses — — 3,296†2,414†2,119†1,782†
Operating profit 22.9% — 146†136†88†79†
Operating profit margin — — 4.3%†5.3%†4.0%†4.2%†
Depreciation — — 24†18†13†11†
Interest — — 39†34†32†25†
Exceptional items, gain / (loss) — — 0†0†0†-7†
Profit before tax 31.5% — 86864538
Tax — — 22†22†11†9†
Net profit 30.5% — 64643429
EPS -38.3% — 3.18†3.74†2.57†13.54†

† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

RatioMar 26Mar 25Mar 24Mar 23
Operating margin4.3%†5.3%†4.0%†4.2%†
EBIT margin3.6%†4.7%†3.5%†3.4%†
PBT margin2.5%3.4%2.0%2.0%
Net margin1.9%2.5%1.5%1.6%
Interest coverage3.20x†3.54x†2.42x†2.49x†
Dividend payout————
Earnings retention————
Current ratio1.98x2.24x——
Quick ratio0.95x1.41x——
Debt to equity0.09x0.10x——
Return on equity5.1%5.4%——
Return on assets3.6%4.0%——
Return on capital employed9.3%†9.8%†——
Asset turnover1.92x1.60x——

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year endedOperating (₹ Cr)Investing (₹ Cr)Financing (₹ Cr)Capex (₹ Cr)Free Cash Flow (₹ Cr)
March 31, 2026 87 -74 -25 119 -32
March 31, 2025 120 -496 407 134 -14
March 31, 2024 -71 -109 179 101 -171
March 31, 2023 56 -81 26 63 -7
March 31, 2022 12 -41 29 42 -30

Balance Sheet (standalone)

Year endedTotal Assets (₹ Cr)Total Equity (₹ Cr)Reserves (₹ Cr)Borrowings, Current (₹ Cr)Borrowings, Non-current (₹ Cr)Current Assets (₹ Cr)Current Liabilities (₹ Cr)Cash & Equivalents (₹ Cr)Net Block (₹ Cr)Inventory (₹ Cr)
March 31, 2026 1,791 1,251 1,231 90 25 902 457 20 480 468
March 31, 2025 1,589 1,187 1,167 118 2 833 372 32 311 310
March 31, 2024 — — — — — — — — — —
March 31, 2023 — — — — — — — — — —
March 31, 2022 — — — — — — — — — —

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.