Hi-Tech Pipes Ltd.

HITECH

₹109.52

2.06% (2.21)

Market Cap

₹2,221 Cr.

P/E

29.29

Key Ratios

Edit Ratio's

Market cap

2,221 Cr

29.29

Prom Holding

43.97 %

ROE (%)

7.64

ROCE (%)

14.10

Div Yield (%)

0.02

Sales

2,992 Cr

OPM (%)

5.29 %

Debt to Equity

0.76

Edit Ratio's

About

Hi-Tech Pipes limited, is one of India's leading producers and suppliers of steel pipes, hollo… Read more

Low

52W Range

High

211

Timeline

Key company specific updates

Company Timeline

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Custom financial statement

New

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Forensics

9 Yes

Positive for this company

2 Neutral

Neutral for this company

6 No

Negative for this company

0 No Data

Insufficient data to analyse

Accounting & Shareholding

Contingent Liabilities

Company does not have significant contingent liabilities
Depreciation Effect

Depreciation accounting is not leading to increase in profits
Other Income

Other income is not affecting ratios of the company
Pledge

Promoters have not pledged a significant portion of their holding
Retail Holding

Retail has been selling the stock which is usually a good time to buy
Promoter Holding

Promoter has not sold any shares in the last 90 days
Revenue Recognition

Chances of aggressive revenue recognition - operating profit of company is not getting converted to cash and recievables rising faster than sales

Price & Performance

ROE

Asset turnover is responsible for roe increase over last 10 years
Working Capital

Working capital of the company seems to be under control
Sales Growth

Sales of the company has grown at a good pace
Balance Sheet Strength

Balance sheet of the company is strong. it shouldnt have solvency or liquidity issues
Capex vs ROCE

Company has made significant capex which might be affecting its roce
Current vs Historic Valuation

Company is trading at a premium to 3yr historic valuations
Debt

Company might have issues servicing its debt
Share price

Share price has increased over last 10 years but more due to rerating
Margin Stability

Margins of the company are volatile
ROCE Strength

Roce of the company is not consistently strong

Revenue mix

Product Wise Break-Up

Location Wise Break-Up

Operational Metrics

Manufacturing Capacity - Steel Pipes (MTPA)
Source
Realization/Tonne - Steel Pipes (Rs/MT)
Source
EBITDA/Tonne - Steel (Rs/Tonne)
Source
Quarterly Sales Volume - Steel Pipes (Tonnes)
Source

Peer Comparison

Corporate Actions

Consolidated

DATE

DETAILS

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Customers

Adani Enterprises Ltd.
Ashok Leyland Ltd.
Bajaj Auto Ltd.
Bharat Heavy Electricals Ltd.
Bharti Airtel Ltd.
DLF Ltd.
Hindustan Construction Company Ltd.
Indian Oil Corporation Ltd.
Jaypee Infratech Ltd.
Larsen & Toubro Ltd.
NTPC Ltd.
Reliance Industries Ltd.
Steel Authority Of India Ltd.
Tata Motors Ltd.
Thermax Ltd.
BSNL
Government
Government of India
GVK Group
HP
Gas Authority Of India Limited

Showing 5 of 21

FAQs on Hi-Tech Pipes Ltd. Business

What does Hi-Tech Pipes do?

Hi-Tech Pipes Limited is a prominent producer and supplier in India, specializing in steel pipes, hollow sections, tubes, cold rolled coils, strips, and various galvanized products.

Who are the competitors of Hi-Tech Pipes?

Hi-Tech Pipes major competitors are Aeroflex Industries, Hariom Pipe Inds., Rama Steel Tubes, Venus Pipes & Tubes, JTL Industries, Gandhi Spl. Tubes, Man Industries.
Market Cap of Hi-Tech Pipes is ₹2,178 Crs.
While the median market cap of its peers are ₹2,425 Crs.

Is Hi-Tech Pipes financially stable compared to its competitors?

Hi-Tech Pipes seems to be less financially stable compared to its competitors.
Altman Z score of Hi-Tech Pipes is 5.56 and is ranked 5 out of its 8 competitors.

View FAQ's On Shareprice

Global Leaders

Companies with a dominant global position in a product. Might be a sign of very strong moat.

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Volume Gainers

Gainers with huge volumes

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