Hi-Tech Pipes Limited (HITECH.NS)
New Delhi, IN
Hi-Tech Pipes Limited, headquartered in New Delhi, India, operates as a leading manufacturer and supplier of a comprehensive array of steel-based products. The company primarily serves a diverse range of critical sectors across India, including infrastructure development, construction, automotive, energy, agriculture, defense, engineering, and telecommunications. Its extensive product portfolio includes ERW black steel pipes and tubes, which are utilized for purposes such as fencing, utility lines, scaffolding, conveyance of water and gas, oil country tubular goods, hand pumps, mining operations, thermal power plants, telecom infrastructure, automotive components, and agricultural equipment. Hi-Tech Pipes also offers rectangular and hollow sections, alongside galvanized and pre-galvanized steel pipes and tubes. A significant offering comprises metal beam crash barriers, essential for safety applications on national highways, expressways, bridges, flyovers, embankments, mining sites, high-traffic urban areas, motor racing tracks, rural roads, crash test facilities, industrial premises, airport safety zones, facilities handling hazardous chemicals, and multi-story parking structures. Additionally, the company produces cold rolled sheets and strips, vital for manufacturing precision tubes, containers, bicycles, furniture, color-coated materials, galvanized and tinned products, and automotive body panels. Other specialized products include cold formed sections, solar panel mounting structures, and various other galvanized items. Hi-Tech Pipes maintains a robust distribution network comprising around 200 distributors and 300 dealers across India, and also actively exports its products internationally. Established in 1985, the company originally operated under the name Ram Lal Harbans Lal Limited before adopting its current identity, Hi-Tech Pipes Limited, in October 1986.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -9.00% | +0.06% | -6.04% | -1.74% | -14.18% | -5.94% | -9.37% | +14.55% | +113.77% | +821.28% | +1,372.79% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 2 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Steel: +1.2%+36.9% ★ Q1'26: +101.8% (vs Q1'25)
-
EPS growth Steel: +17.4%-5.3% Q1'26: -10.1% (vs Q1'25)
-
FCF margin FCF growth · Steel: +44.2%-1.9% Q1'26: -5.9% (vs Q1'25)
-
EBIT margin Steel: +5.8%+3.5% Q1'26: +2.6% (vs Q1'25)
-
ROIC Steel: +4.3%+7.6% ★ Q1'26: +8.1% (vs Q1'25)
-
Share dilution Steel: +0.0%+13.9% Q1'26: +11.5% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Steel: 0.57×1.38× Q1'26: 1.30× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Mar 2020 actual |
Mar 2021 actual |
Mar 2022 actual |
Mar 2023 actual |
Mar 2024 actual |
Mar 2025 actual |
Mar 2026 1 Rev. Ana. 1 EPS Ana. |
Mar 2027 1 Rev. Ana. 1 EPS Ana. |
Mar 2028 2 Rev. Ana. 2 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|
| Revenue |
12.08B
est: 13.60B (-11.2%)
|
13.39B
est: 15.72B (-14.8%)
|
18.77B
est: 18.79B (-0.1%)
|
23.86B
est: 23.86B (0.0%)
|
26.99B
est: 29.24B (-7.7%)
|
30.68B
est: 31.21B (-1.7%)
|
36.97B
36.46B – 37.48B
+18.5% YoY
|
45.17B
44.55B – 45.79B
+22.2% YoY
|
53.19B
51.85B – 54.53B
+17.8% YoY
|
| EBITDA |
577.40M
est: 648.88M (-11.0%)
|
675.65M
est: 749.96M (-9.9%)
|
977.34M
est: 896.25M (+9.0%)
|
989.57M
est: 1.14B (-13.0%)
|
1.13B
est: 1.30B (-13.6%)
|
1.62B
est: 1.39B (+16.4%)
|
1.65B
1.63B – 1.67B
+18.5% YoY
|
2.01B
1.99B – 2.04B
+22.2% YoY
|
2.37B
2.31B – 2.43B
+17.8% YoY
|
| EBIT |
511.68M
est: 568.09M (-9.9%)
|
592.42M
est: 656.58M (-9.8%)
|
880.71M
est: 784.66M (+12.2%)
|
851.85M
est: 996.38M (-14.5%)
|
970.85M
est: 1.17B (-16.8%)
|
1.41B
est: 1.24B (+13.3%)
|
1.47B
1.45B – 1.49B
+18.5% YoY
|
1.80B
1.78B – 1.83B
+22.2% YoY
|
2.12B
2.07B – 2.17B
+17.8% YoY
|
| Net Income |
203.88M
est: 453.89M (-55.1%)
|
228.03M
est: 608.15M (-62.5%)
|
403.26M
est: 583.32M (-30.9%)
|
376.82M
est: 620.56M (-39.3%)
|
439.31M
est: 783.40M (-43.9%)
|
729.49M
est: 861.94M (-15.4%)
|
794.60M
780.35M – 808.85M
-7.8% YoY
|
828.27M
813.42M – 843.12M
+4.2% YoY
|
1.07B
859.80M – 1.28B
+29.3% YoY
|
| SGA |
137.01M
est: 196.71M (-30.4%)
|
151.71M
est: 227.36M (-33.3%)
|
66.89M
est: 271.70M (-75.4%)
|
367.85M
est: 345.02M (+6.6%)
|
335.60M
est: 491.83M (-31.8%)
|
906.63M
est: 524.89M (+72.7%)
|
621.87M
613.30M – 630.45M
+18.5% YoY
|
759.79M
749.31M – 770.26M
+22.2% YoY
|
894.66M
872.11M – 917.22M
+17.8% YoY
|
| EPS |
1.88
est: 2.56 (-26.6%)
|
2.09
est: 3.43 (-39.1%)
|
3.38
est: 3.29 (+2.7%)
|
3.05
est: 3.50 (-12.9%)
|
3.25
est: 3.88 (-16.2%)
|
3.98
est: 4.27 (-6.7%)
|
3.93
3.86 – 4.00
-7.8% YoY
|
4.10
4.03 – 4.17
+4.2% YoY
|
5.30
4.26 – 6.34
+29.3% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-29 | B | 3/5 | 1/5 | 3/5 | 4/5 | 2/5 | 2/5 | 4/5 |
| 2026-05-27 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-26 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-25 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-22 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-21 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-20 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-19 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-18 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-15 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-14 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-13 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-12 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-11 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-08 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-07 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-06 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-05 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-04 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-30 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-29 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-28 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-27 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-24 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-23 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-22 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-21 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-20 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-17 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-16 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
This company is not held by any ETF in our universe.
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Ajay Kumar Bansal | Chairman & MD | 14M | male |
| Kamleshwar Prasad | Whole-Time Director | 12M | male |
| Anish Kumar Bansal | Whole-Time Director | 12M | male |
| Arvind Kumar Bansal | Group Chief Financial Officer & Executive Director | — | male |
| Nehal Shah | Chief Strategy Officer | — | male |
| Santosh Rai | Head of Accounts & Finance | — | male |
| Anand Amin | Head of Projects | — | male |
| Arun Kumar Sharma | Company Secretary & Compliance Officer | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for HITECH.NS
Short-term intention
Target Price Distribution
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