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Hi-Tech Pipes

  • Market Cap: Small Cap
  • Industry: Steel/Sponge Iron/Pig Iron
  • ISIN: INE106T01025
  • NSEID: HITECH
  • BSEID: 543411
INR
97.60
3.15 (3.34%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 3.79 lacs

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  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

96.0598.30

52 Week

82.55210.75
Valuation
Technical
Day's Volume

CASH

3.79 lacs (-54.52%) Volume

Shareholding (Dec 2024)

FII

9.79%

Held by 36 FIIs

DII

17.32%

Held by 17 DIIs

Promoter

43.97%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.20 times

  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.20 times
2

Poor long term growth as Operating profit has grown by an annual rate 18.33% of over the last 5 years

 
3

Stock is technically in a Bearish range

4

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Steel/Sponge Iron/Pig Iron

stock-summary
Market cap

INR 1,982 Cr (Small Cap)

stock-summary
P/E

29.00

stock-summary
Industry P/E

29

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.39

stock-summary
Return on Equity

8.23%

stock-summary
Price to Book

2.56

Revenue and Profits (1 Year):
Net Sales:
761 Cr
(Quarterly Results - Dec 2024)
Net Profit:
19 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-51.5%
0%
-51.5%
1 Year
-28.84%
0%
-28.84%
2 Years
24.9%
0.03%
24.93%
3 Years
84.46%
1.00%
85.46%
4 Years
0%
0%
0.0%
5 Years
0%
0%
0.0%

Latest dividend: 0.02 per share ex-dividend date: Sep-22-2023

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
18.50%
EBIT Growth (5y)
18.33%
EBIT to Interest (avg)
2.39
Debt to EBITDA (avg)
3.54
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
3.00
Tax Ratio
25.15%
Dividend Payout Ratio
0.85%
Pledged Shares
2.59%
Institutional Holding
27.10%
ROCE (avg)
13.09%
ROE (avg)
11.08%
Valuation key factors
Factor
Value
P/E Ratio
29
Industry P/E
29
Price to Book Value
2.56
EV to EBIT
16.04
EV to EBITDA
13.78
EV to Capital Employed
2.12
EV to Sales
0.73
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
12.65%
ROE (Latest)
8.23%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

2.5933

Mutual Funds

Held by 6 Schemes (10.26%)

FIIs

Held by 36 FIIs (9.79%)

Promoter with highest holding

Ajay Kumar Bansal (10.51%)

Highest Public shareholder

Bandhan Small Cap Fund (3.99%)

Individual Investors Holdings

20.22%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 20.78% vs 10.68% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 33.64% vs 10.06% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "761.02",
          "val2": "630.10",
          "chgp": "20.78%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "40.24",
          "val2": "31.57",
          "chgp": "27.46%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "8.77",
          "val2": "9.27",
          "chgp": "-5.39%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "19.15",
          "val2": "14.33",
          "chgp": "33.64%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "5.29%",
          "val2": "5.01%",
          "chgp": "0.28%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 13.31% vs 24.53% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 95.67% vs 109.52% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,572.88",
          "val2": "1,388.17",
          "chgp": "13.31%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "84.87",
          "val2": "47.95",
          "chgp": "77.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "27.64",
          "val2": "18.34",
          "chgp": "50.71%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "36.16",
          "val2": "18.48",
          "chgp": "95.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "5.40%",
          "val2": "3.45%",
          "chgp": "1.95%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 15.64% vs 19.85% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 68.58% vs 50.23% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,333.90",
          "val2": "2,018.27",
          "chgp": "15.64%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "125.11",
          "val2": "79.52",
          "chgp": "57.33%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "36.41",
          "val2": "27.61",
          "chgp": "31.87%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "55.31",
          "val2": "32.81",
          "chgp": "68.58%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "5.36%",
          "val2": "3.94%",
          "chgp": "1.42%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 13.14% vs 26.98% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 16.59% vs -6.57% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,699.29",
          "val2": "2,385.85",
          "chgp": "13.14%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "114.86",
          "val2": "103.21",
          "chgp": "11.29%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "41.86",
          "val2": "35.30",
          "chgp": "18.58%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "-6.52",
          "chgp": "100.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "43.93",
          "val2": "37.68",
          "chgp": "16.59%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "4.26%",
          "val2": "4.33%",
          "chgp": "-0.07%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
761.02
630.10
20.78%
Operating Profit (PBDIT) excl Other Income
40.24
31.57
27.46%
Interest
8.77
9.27
-5.39%
Exceptional Items
0.00
0.00
Consolidate Net Profit
19.15
14.33
33.64%
Operating Profit Margin (Excl OI)
5.29%
5.01%
0.28%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 20.78% vs 10.68% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2024 is 33.64% vs 10.06% in Dec 2023

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
1,572.88
1,388.17
13.31%
Operating Profit (PBDIT) excl Other Income
84.87
47.95
77.00%
Interest
27.64
18.34
50.71%
Exceptional Items
0.00
0.00
Consolidate Net Profit
36.16
18.48
95.67%
Operating Profit Margin (Excl OI)
5.40%
3.45%
1.95%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 13.31% vs 24.53% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 95.67% vs 109.52% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
2,333.90
2,018.27
15.64%
Operating Profit (PBDIT) excl Other Income
125.11
79.52
57.33%
Interest
36.41
27.61
31.87%
Exceptional Items
0.00
0.00
Consolidate Net Profit
55.31
32.81
68.58%
Operating Profit Margin (Excl OI)
5.36%
3.94%
1.42%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 15.64% vs 19.85% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 68.58% vs 50.23% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
2,699.29
2,385.85
13.14%
Operating Profit (PBDIT) excl Other Income
114.86
103.21
11.29%
Interest
41.86
35.30
18.58%
Exceptional Items
0.00
-6.52
100.00%
Consolidate Net Profit
43.93
37.68
16.59%
Operating Profit Margin (Excl OI)
4.26%
4.33%
-0.07%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 13.14% vs 26.98% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 16.59% vs -6.57% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Hi-Tech Pipes Ltd stock-summary
stock-summary
Hi-Tech Pipes Ltd
Small Cap
Steel/Sponge Iron/Pig Iron
Hi-Tech Pipes Limited, (formerly known as Ram Lal Harbans Lal Limited) was incorporated in 1985. The status was converted to Public Limited and the Company was renamed to Hi-Tech Pipes Limited in October, 1986. The Company serves Infrastructure, Constructions, Automobiles, Energy, Agriculture, Oil & Gas, Defense, Engineering& Telecom industries.
Company Coordinates stock-summary
Company Details
505 Pearl Omaxe Tower Netaji, Subhash Place Pitampura New Delhi New Delhi : 110034
stock-summary
Tel: 91-11-48440050
stock-summary
http://www.hitechpipes.in
stock-summary
info@hitechpipes.in
Registrar Details
Bigshare Services Pvt Ltd , 4E/8 1st Floor, Jhandewalan Extension, New Delhi
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