Hi-Tech Pipes financials

·Capital Goods & DefenceChart ›
Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹1,413cr+78.5% on Q1 FY26
Net profit
₹20.0cr−4.2% on Q1 FY26
EBITDA margin
3.5%−1.7 pts on Q1 FY26
EPS
₹0.99−4.8% on Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue1,413791+78.5%
EBITDA49.441.0+20.3%
EBITDA margin3.5%5.2%−1.7 pts
Profit before tax26.528.0−5.3%
Net profit20.020.9−4.2%
EPS₹0.99₹1.04−4.8%

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹1,413 crNet profit₹20.0 crNet margin1.4%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
1,376————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
21.721.735.82.31.9
268268179366235
1,622————
4,8224,2003,0682,6992,386
—+36.9%+13.6%+13.1%—
182174160115103
3.8%4.1%5.2%4.3%4.3%
15314613999.489.4
75.376.272.943.937.7
1.6%1.8%2.4%1.6%1.6%
₹3.71₹3.75₹3.59₹2.16₹1.86
—+4.4%+66.1%+16.6%—
—3.369.8−95.2134
—−152−190−109−69.3
−148−148−120−20464.4
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

HITECH₹67.75

Hi-Tech Pipes Limited

· Capital Goods & Defence
₹ CrorePeersAEROENTERRHETANRSLMUKANDLTDSTEELXINDMSPLRATNAVEERMANAKCOATMcap ₹1,376 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————1,376.1
- Cash, Equiv & ST Investments1.92.335.821.721.7
+ Total Debt235.1365.8179.1267.5267.5
Enterprise Value————1,621.9
Revenue2,385.82,699.33,067.64,200.14,821.5
Growth %, YoY—+13.1+13.6+36.9—
EBITDA103.2114.9160.0173.6181.9
Margin %4.334.265.224.133.77
EBIT89.499.4139.1146.5153.2
Net Income37.743.972.976.275.3
Margin %1.581.632.381.811.56
EPS, Adj (current shares)1.862.163.593.753.71
Growth %, YoY—+16.6+66.1+4.4—
Cash from Operations133.7-95.269.83.3—
Capital Expenditures-69.3-109.2-189.9-151.8—
Free Cash Flow64.4-204.4-120.1-148.5-148.5
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Hi-Tech Pipes financials and key ratios

Prices at the previous close · figures from the company's filings with NSE

Hi-Tech Pipes (NSE: HITECH) had a market capitalisation of ₹1,376 crore at the previous close (₹67.75 a share), a PE ratio of 18.3 on the last four quarters' profit and a price-to-book ratio of 1.03. In FY26 its consolidated net profit was ₹76.2 crore on revenue of ₹4,200 crore; in Q1 FY27 (April–June 2026) it was ₹20 crore, down 4.2% year on year. Its debt-to-equity ratio was 0.20 on 31 March 2026. Promoters held 43.43% of the shares on 30 September 2026.

Share price used
₹67.75 · previous close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026

Hi-Tech Pipes at a glance · consolidated

Market cap
₹1,376 Crat ₹67.75 · previous close
PE ratio (last 4 quarters)
18.318.1 on FY26 profit
Price to book (PB)
1.03book value ₹65.65 a share
ROE (FY26)
5.9%−2.1 pts vs FY25ROCE 10.5%
Debt to equity
0.20net debt ₹181 Cr
Promoter holding
43.43%unchanged vs 30 Jun 202630 September 2026
Net worth
₹1,333 Cr+6.1% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
−₹148 Cr
EPS (FY26)
₹7.54

Questions

What is the Hi-Tech Pipes PE ratio today?

Hi-Tech Pipes' PE ratio is 18.3 at the previous close (₹67.75 a share): a market capitalisation of ₹1,376 crore divided by consolidated net profit of ₹75.3 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹76.2 crore) it is 18.1.

What is the Hi-Tech Pipes debt to equity ratio?

Hi-Tech Pipes' debt-to-equity ratio was 0.20 on 31 March 2026: borrowings of ₹268 crore against total equity of ₹1,333 crore. A year earlier, on 31 March 2025, it was 0.14.

What is the Hi-Tech Pipes net worth?

Hi-Tech Pipes' net worth — shareholders' equity in its consolidated balance sheet — was ₹1,333 crore on 31 March 2026, up 6.1% from ₹1,257 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹1,376 crore at the previous close.

What is the Hi-Tech Pipes PB ratio (price to book value)?

Hi-Tech Pipes' price-to-book (PB) ratio is 1.03 at the previous close: a market capitalisation of ₹1,376 crore divided by shareholders' equity (book value) of ₹1,333 crore on 31 March 2026. That is a book value of ₹65.65 per share against a share price of ₹67.75.

What is the Hi-Tech Pipes ROE and ROCE?

In FY26, Hi-Tech Pipes' return on equity (ROE) was 5.9% and its return on capital employed (ROCE) was 10.5%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 8.0% and ROCE 13.7%.

What is the Hi-Tech Pipes book value per share?

Hi-Tech Pipes' book value per share was ₹65.65 on 31 March 2026: shareholders' equity of ₹1,333 crore divided by the 20.31 crore shares in issue, up 6.1% from ₹61.91 a year earlier. The share price at the previous close was ₹67.75.

What is the Hi-Tech Pipes market cap?

Hi-Tech Pipes' market capitalisation was ₹1,376 crore at the previous close: 20.31 crore shares at ₹67.75 each.

What is the Hi-Tech Pipes EPS?

Hi-Tech Pipes' basic earnings per share (EPS) were ₹7.54 in FY26. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹4.62.

When are the Hi-Tech Pipes next results?

Hi-Tech Pipes will announce its Q2 FY27 results (July–September 2026) on Thursday, 5 November 2026, the date of the board meeting it has notified to the exchanges.

Is Hi-Tech Pipes debt free?

No. Hi-Tech Pipes had borrowings of ₹268 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.20. Its cash and current investments were ₹87 crore, so its net debt was ₹181 crore.

What is the Hi-Tech Pipes promoter holding?

Promoters held 43.43% of Hi-Tech Pipes on 30 September 2026, unchanged from the previous quarter and down 0.21 percentage points from 43.64% a year earlier, according to the shareholding pattern filed with NSE.

What is the Hi-Tech Pipes free cash flow?

In FY26, Hi-Tech Pipes generated ₹3.3 crore of cash from operations and spent ₹152 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹148 crore. In FY25 it was −₹120 crore.

What is the Hi-Tech Pipes shareholding pattern?

On 30 September 2026, Hi-Tech Pipes' shares were held by promoters 43.43%, foreign portfolio investors (FII/FPI) 1.12%, domestic institutions (DII) 12.84% (including mutual funds at 9.65%) and retail and other non-institutional investors 42.41%. Over the year, FII holding was down 1.27 percentage points from 2.39% and DII holding was down 1.67 percentage points from 14.51%.

What are the Hi-Tech Pipes latest quarterly results?

Hi-Tech Pipes' latest results are for Q1 FY27 (April–June 2026), filed on 12 August 2026: consolidated net profit ₹20 crore, down 4.2% from ₹20.9 crore in Q1 FY26; revenue from operations ₹1,413 crore, up 78.5% year on year.

How does Hi-Tech Pipes compare with its peers?

On FY26 consolidated figures, against Aeroflex Enterprises, Rhetan TMT and Rajputana Stainless: Hi-Tech Pipes' operating margin of 3.5% is the lowest of the four (Aeroflex Enterprises 12.7%, Rhetan TMT 24.8%, Rajputana Stainless 8.2%; peer average 15.2%); its return on equity of 5.9% is the lowest of the four (Aeroflex Enterprises 8.4%, Rhetan TMT 9.5%, Rajputana Stainless 13.7%; peer average 10.5%).

What is the Hi-Tech Pipes revenue and profit in FY26?

In FY26 (April 2025–March 2026), Hi-Tech Pipes' consolidated net profit was ₹76.2 crore, up 4.4% from ₹72.9 crore in FY25, on revenue from operations of ₹4,200 crore (up 36.9%). Over three years, from FY23, net profit was up 102.1%.

Hi-Tech Pipes vs Aeroflex Enterprises: how do they compare?

In FY26, Hi-Tech Pipes earned net profit of ₹76.2 crore on revenue of ₹4,200 crore, against ₹64.2 crore on ₹698 crore for Aeroflex Enterprises. Hi-Tech Pipes' operating margin was 3.5% (Aeroflex Enterprises 12.7%) and its return on equity 5.9% (Aeroflex Enterprises 8.4%).

Where do these Hi-Tech Pipes figures come from?

From Hi-Tech Pipes' own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.