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Hi-Tech Pipes share price

Hi-Tech Pipes Ltd.

NSE: HITECH BSE: 543411 SECTOR: Steel & Iron Products  68k   80   10

142.70
-1.79 (-1.24%)
NSE: Today, 02:34 PM

Price Summary

Today's High

₹ 146

Today's Low

₹ 140.68

52 Week High

₹ 210.85

52 Week Low

₹ 102.8

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

2898.35 Cr.

Enterprise Value

3166.63 Cr.

No. of Shares

20.31 Cr.

P/E

59.31

P/B

2.45

Face Value

₹ 1

Div. Yield

0.02 %

Book Value (TTM)

₹  58.26

CASH

25.32 Cr.

DEBT

293.6 Cr.

Promoter Holding

50.76 %

EPS (TTM)

₹  2.41

Sales Growth

18.64%

ROE

9.07 %

ROCE

11.27%

Profit Growth

17.3 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year18.64%
3 Year29.08%
5 Year14.58%

Profit Growth

1 Year17.04%
3 Year31.23%
5 Year13.11%

ROE%

1 Year9.07%
3 Year12.06%
5 Year11.18%

ROCE %

1 Year11.27%
3 Year13.12%
5 Year12.51%

Debt/Equity

0.629

Price to Cash Flow

-41.09

Interest Cover Ratio

2.4173

CFO/PAT (5 Yr. Avg.)

0.585714520394921

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 50.76 2.57
Jun 2024 53.95 2.69
Mar 2024 53.20 2.88
Dec 2023 55.64 3.01
Sep 2023 55.27 1.79
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 31.124706940491% for the Past 3 years.
  • The company has shown a good revenue growth of 29.0752082316958% for the Past 3 years.
  • The company has an efficient Cash Conversion Cycle of 49.7728 days.
  • The company has a high promoter holding of 50.76%.

 Limitations

  • Company has negative cash flow from operations of -70.5302.
  • The company is trading at a high PE of 59.31.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 603.49 518.19 565.49 723.44 621.29
Total Expenditure 582.21 493.27 539.43 688.02 585.87
Operating Profit 21.28 24.92 26.06 35.42 35.42
Other Income 0.69 0.44 -0.27 0.53 0.93
Interest 7.3 6.33 12.7 11.09 11.21
Depreciation 2.41 3.13 5.22 4.44 4.5
Exceptional Items 0 0 0 0 0
Profit Before Tax 12.26 15.9 7.87 20.41 20.63
Tax 3.09 3.88 1.74 5.05 5.28
Profit After Tax 9.17 12.02 6.13 15.37 15.35
Adjusted EPS (Rs) 0.7 0.88 0.41 0.97 0.87

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 967.06 1026.49 1511.89 1860.55 2207.42
Total Expenditure 922.67 975.31 1437.8 1781.66 2119.21
Operating Profit 44.39 51.17 74.09 78.89 88.21
Other Income 1.25 0.8 0.94 1.98 1.12
Interest 24.23 25.26 26.91 25.32 31.63
Depreciation 5.04 6.55 7.2 11.28 12.87
Exceptional Items 0 0 0 -6.52 0
Profit Before Tax 16.37 20.16 40.92 37.75 44.83
Tax 2.33 5.13 11.05 8.85 10.93
Net Profit 14.04 15.04 29.87 29.04 33.98
Adjusted EPS (Rs.) 1.28 1.34 2.43 2.26 2.26

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 10.93 11.21 12.27 12.78 14.99
Total Reserves 138.94 162.48 204.39 354.61 500.63
Borrowings 59.98 69.79 82.22 59.1 80.15
Other N/C liabilities 12.94 14.41 16.65 20.84 24.25
Current liabilities 239.9 195.41 266.87 297.14 346.76
Total Liabilities 462.69 453.3 582.41 744.48 966.78
Assets
Net Block 133.79 144.95 180.09 225.87 290.19
Capital WIP 21.47 29.44 28.08 33.93 57.27
Intangible WIP 0 0 0 0 0
Investments 3.48 3.49 3.49 5.19 5.19
Loans & Advances 10.21 15.87 16.9 24.44 46.4
Other N/C Assets 0 0 0 0 0
Current Assets 293.74 259.55 353.85 455.05 567.72
Total Assets 462.69 453.3 582.41 744.48 966.78
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 16.37 20.16 40.92 44.26 44.83
Adjustment 28.41 31.03 33.3 35.34 43.5
Changes in Assets & Liabilities -37.19 27.53 -64.59 -12.02 -149.76
Tax Paid -4.4 -3.1 -2.75 -11.44 -9.1
Operating Cash Flow 3.19 75.62 6.88 56.15 -70.53
Investing Cash Flow -31.26 -26.88 -41.35 -78.91 -107.23
Financing Cash Flow 28.01 -48.87 34.6 23.55 177.98
Net Cash Flow -0.06 -0.12 0.12 0.79 0.22

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 55.27 55.64 53.20 53.95 50.76
ajay kumar bansal 14.71 14.04 12.84 13.48 12.12
aks buildcon private limi... 4.22 6.22 5.68 5.38 4.84
alka goel - - 0.13 0.13 0.11
anish bansal 10.35 9.88 10.37 9.82 8.83
gaurav goyal huf - 1.04 0.95 0.96 0.91
govind aggarwal - - - 0.95 0.85
govind aggarwal huf - - - - 0.79
hi-tech agrovision privat... 3.94 3.77 4.78 5.15 4.63
krishan mittal huf 0.06 - - 0.63 0.57
mannan goel - 0.15 0.13 0.13 0.11
mrinaal mittal - - 0.67 0.63 0.57
mukesh mittal 0.01 - 0.67 0.64 0.57
naresh aggarwal 0.46 - 0.67 0.63 0.57
naresh kumar huf - - - - 0.57
parveen bansal 7.27 6.94 4.94 4.68 4.21
renu mittal - - 0.67 0.63 0.57
saurabh goyal & sons huf - - - - 0.85
shweta bansal 2.11 2.01 1.84 1.74 1.56
vipul bansal 8.60 8.21 8.84 8.37 7.53
ajay kumar & sons 3.52 3.36 - - -
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 44.73 44.36 46.80 46.05 49.24
ag dynamic funds limited - - - - 4.26
bandhan midcap fund - - - 2.58 2.32
hsbc small cap fund - - 2.72 3.29 2.95
iti small cap fund - 1.63 1.46 2.06 1.84
motilal oswal equity oppo... 1.43 1.57 1.33 1.42 1.23
nexpact limited - - - 1.59 4.26
penang enterprises privat... 2.44 2.33 2.05 1.94 1.75
bandhan core equity fund - - 2.18 - -
motilal oswal business ad... - 1.09 - - -
expertpro realty private ... 1.53 - - - -
quant mutual fund - quant... 1.53 - - - -

Ratings & Research Reports

Company Presentations

Company News

Hi-Tech Pipes informs about press release 2 Jan, 11:46 AM Hi-Tech Pipes reports 26% rise in total sales volume during Q3FY25 2 Jan, 10:23 AM Hi-Tech Pipes informs about credit rating 16 Dec, 9:52 AM Hi-Tech Pipes ropes in Hrithik Roshan as brand ambassador 26 Nov, 10:42 AM Hi-Tech Pipes informs about press release 26 Nov, 10:00 AM Hi-Tech Pipes informs about press release 6 Nov, 5:57 PM Hi-Tech Pipes - Quaterly Results 6 Nov, 12:37 PM Hi-Tech Pipes - Quaterly Results 6 Nov, 12:37 PM Hi-Tech Pipes - Quaterly Results 6 Nov, 12:37 PM Hi-Tech Pipes commences 5 MW of captive green power utilization 17 Oct, 12:45 PM Hi-Tech Pipes informs about media release 17 Oct, 12:04 PM Hi-Tech Pipes informs about media release 3 Oct, 10:10 AM Hi-Tech Pipes informs about credit rating 3 Sep, 10:02 AM Hi-Tech Pipes informs about newspaper publication 31 Aug, 1:39 PM Hi-Tech Pipes informs about AGM 29 Aug, 2:55 PM Hi-Tech Pipes informs about media release 20 Aug, 9:37 AM Hi-Tech Pipes secures orders worth Rs 105 crore 20 Aug, 9:30 AM Hi-Tech Pipes informs about monitoring agency report 14 Aug, 5:10 PM Hi-Tech Pipes - Quaterly Results 12 Aug, 12:53 PM Hi-Tech Pipes - Quaterly Results 12 Aug, 12:53 PM Hi-Tech Pipes - Quaterly Results 12 Aug, 12:53 PM Hi-Tech Pipes aiming decarbonisation of manufacturing facilities 24 Jul, 12:48 PM Hi-Tech Pipes informs about media release 24 Jul, 10:10 AM Hi Tech Pipes informs about media release 18 Jul, 11:55 AM Hi-Tech Pipes reports 45% rise in total sales volume in Q1FY25 18 Jul, 10:26 AM Hi-Tech Pipes - Quaterly Results 11 May, 1:28 PM Hi-Tech Pipes - Quaterly Results 11 May, 1:28 PM Hi-Tech Pipes - Quaterly Results 11 May, 1:28 PM Hi-Tech Pipes informs about compliance certificate 11 Apr, 11:38 AM Hi- Tec Pipes informs about media release 1 Apr, 10:05 AM Hi-Tech Pipes informs about trading window closure 28 Mar, 5:32 PM Hi-Tech Pipes informs about press release 18 Mar, 5:02 PM Hi-Tech Pipes commences commercial production at Sanand Unit-II Phase-1 18 Mar, 3:00 PM Hi-Tech Pipes informs about press release 27 Feb, 5:17 PM Hi-Tech Pipes informs about disclosure 24 Jan, 12:20 PM Hi-Tech Pipes informs about press release 22 Jan, 12:47 PM Hi-Tech Pipes informs about disclosure 20 Jan, 10:08 AM Hi-Tech Pipes informs about disclosure 18 Jan, 10:00 AM Hi-Tech Pipes informs about certificate 15 Jan, 12:49 PM Hi-Tech Pipes reports 10% rise in Q3 consolidated net profit 12 Jan, 4:21 PM Hi-Tech Pipes - Quaterly Results 12 Jan, 3:07 PM Hi-Tech Pipes - Quaterly Results 12 Jan, 3:07 PM Hi-Tech Pipes - Quaterly Results 12 Jan, 3:07 PM Hi-Tech Pipes submits financial results 28 Oct, 3:40 PM Hi-Tech Pipes - Quaterly Results 28 Oct, 12:36 PM Hi-Tech Pipes - Quaterly Results 28 Oct, 12:36 PM Hi-Tech Pipes - Quaterly Results 28 Oct, 12:36 PM Hi-Tech Pipes - Quaterly Results 11 Aug, 2:13 PM Hi-Tech Pipes - Quaterly Results 11 Aug, 2:13 PM Hi-Tech Pipes informs about disclosure 4 Aug, 12:30 PM

Hi-Tech Pipes Stock Price Analysis and Quick Research Report. Is Hi-Tech Pipes an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Hi-Tech Pipes stock price today is Rs 142.39. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Hi-Tech Pipes . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Hi-Tech Pipes has a PE ratio of 59.1812136325852 which is high and comparatively overvalued .

  • Share Price: - The current share price of Hi-Tech Pipes is Rs 142.39. One can use valuation calculators of ticker to know if Hi-Tech Pipes share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Hi-Tech Pipes has ROA of 3.962 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Hi-Tech Pipes has a Current ratio of 1.6372 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Hi-Tech Pipes has a ROE of 9.0742 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Hi-Tech Pipes has a Debt to Equity ratio of 0.629 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Hi-Tech Pipes has reported revenue growth of 18.6435 % which is fair in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Hi-Tech Pipes for the current financial year is 3.99627257497661 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Hi-Tech Pipes is Rs 0.025 and the yield is 0.0175 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Hi-Tech Pipes is Rs 2.406 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Hi-Tech Pipes in Ticker for free. Also, one can get the intrinsic value of Hi-Tech Pipes by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Hi-Tech Pipes
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