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 30 October 2026 close · figures from the company's filings with NSE

Hi-Tech Pipes (NSE: HITECH) had a market capitalisation of ₹1,390 crore at the 30 October 2026 close (₹68.44 a share), a PE ratio of 18.5 on the last four quarters' profit and a price-to-book ratio of 1.04. 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
₹68.44 · 30 October 2026 close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026

Hi-Tech Pipes at a glance · consolidated

Market cap
₹1,390 Crat ₹68.44 · 30 Oct close
PE ratio (last 4 quarters)
18.518.3 on FY26 profit
Price to book (PB)
1.04book 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 18.5 at the 30 October 2026 close (₹68.44 a share): a market capitalisation of ₹1,390 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 18.3.

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 ₹1,390 crore at the 30 October 2026 close.

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

Hi-Tech Pipes' price-to-book (PB) ratio is 1.04 at the 30 October 2026 close: a market capitalisation of ₹1,390 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 ₹68.44.

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 30 October 2026 close was ₹68.44.

What is the Hi-Tech Pipes market cap?

Hi-Tech Pipes' market capitalisation was ₹1,390 crore at the 30 October 2026 close: 20.31 crore shares at ₹68.44 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%.

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%).

How does the Hi-Tech Pipes PE ratio compare with its peers?

At the 30 October 2026 closing prices, on FY26 net profit, Hi-Tech Pipes' PE ratio is 18.3, the lowest of the four: Aeroflex Enterprises 22.0, Rhetan TMT 103.7 and Rajputana Stainless 28.2, a peer average of 51.3. Each is the company's market capitalisation at that price divided by its FY26 net profit.

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.

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%). At the 30 October 2026 close, Hi-Tech Pipes' market capitalisation was ₹1,390 crore against ₹1,410 crore for Aeroflex Enterprises, and its PE ratio on FY26 profit 18.3 against 22.0.

Where do these Hi-Tech Pipes figures come from?

From Hi-Tech Pipes' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). 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.