Hi Tech Pipes Ltd Stock Price Today (NSE: HITECH)

Hi Tech Pipes Ltd

91.89+1.47 (+1.63%)
Market Closed

Fundamental Score

...

Hi Tech Pipes Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Hi Tech Pipes Ltd share price today is 91.89, up +1.63% on NSE/BSE as of 17 June 2026. Hi Tech Pipes Ltd (HITECH) is a Small-cap company in the Iron & Steel Products sector with a market capitalisation of 2.02K (Cr). The 52-week high for HITECH share price is 127.50 and the 52-week low is 70.14. At a P/E ratio of 25.97x, HITECH is currently trading above its industry average P/E of 22.05x. The company has a Return on Equity (ROE) of 7.95% and a debt-to-equity ratio of 0.21.

Hi Tech Pipes Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
96.80
Low
81.11
Volume
7.7L
Change
+4.55%

Hi Tech Pipes Ltd share price chart: 4.55% return over the past month. 52-week high ₹127.50, 52-week low ₹70.14.

Hi Tech Pipes Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
83.1987.2582.3086.336.31L (Cr)
87.0988.2083.5083.697.78L (Cr)
88.7790.0086.3086.7028.82L (Cr)
95.1695.1695.1695.160.00 (Cr)
95.6896.8094.0295.1610.11L (Cr)
93.0095.8092.4295.4417.79L (Cr)
86.5592.7586.5592.0422.29L (Cr)
85.7786.0384.6385.192.35L (Cr)
86.1987.1885.0585.573.61L (Cr)
85.0087.8084.0685.585.76L (Cr)

Hi Tech Pipes Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
87.0988.2082.3086.33-0.87%
92.1796.8081.1186.70-5.93%
74.8594.3172.3892.17+23.14%
83.0085.8970.1470.93-14.54%
74.0092.0070.7088.13+19.09%
92.6596.3072.4874.48-19.61%
101.80102.6689.2092.07-9.56%
114.62115.5894.98100.91-11.96%
114.50123.80111.20114.62+0.10%
86.00127.5086.00114.00+32.56%
90.0092.4085.3086.07-4.37%
101.51102.5089.0190.14-11.20%

AI Research Briefing

Powered by Gemini · 2026-04-08

Small-cap infrastructure play with stretched valuation and negative FCF, vulnerable to steel price volatility.

Research Confidence
6.0/10Moderate
GOVT CAPEX DARK HORSE1M: -13.04% | 3M: 13.34% | 6M: 4.21%Expensive - P/E of 25.97x vs Industry P/E of 22.05x

WHAT'S HAPPENING NOW

Hi-Tech Pipes reported record sales volume of 1,47,125 MT in Q4FY26, a 27% YoY increase. Total sales volume for FY26 reached 5,32,437 MT, up 10% YoY. The company acquired Sain Software Systems for Crore.

CORE STORY

Hi-Tech Pipes is being priced as a growth play on infrastructure and renewable energy, fueled by capacity expansion and increasing sales volumes. The Sain Software acquisition suggests a move towards securing real estate assets.

Why Now
  • Record sales volume in Q4FY26
  • Capacity expansion to 1 million tons
  • Acquisition of Sain Software
Potential Catalysts
  • New infrastructure projects announced
  • Increase in steel prices
  • Further capacity expansion
Key Risks
  • Negative free cash flow of ₹-299.31 Cr
  • Small-cap liquidity risk
  • P/E higher than industry P/E
Institutional Activity

FII increased stake by 0.69%, while DII decreased stake by 1.57%. Promoter stake decreased by 0.35%.

Macro Context

India's iron ore imports are set to hit a 7-year high, driven by demand and shortage of high-grade ore.

Cash Flow Quality

No - Free Cash Flow 5Y: ₹-299.31 Cr

3–6 Month Outlook

Expect continued growth in the next 3-6 months driven by infrastructure spending. Monitor steel prices and FCF closely.

Primary Thesis Risk

Negative free cash flow and small-cap illiquidity could lead to a sharp correction.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

7.95%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

11.61%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

4.83%

Average operating profit margin over 5 years

Dividend Yield

0.03%

Annual dividend as % of current share price

Hi Tech Pipes Ltd Valuation Check

Poor

Price to Earnings (P/E)

25.97x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

22.05x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

43.63%

% shares held by company founders/management

Poor

FII Holding

2.39%

% shares held by foreign institutional investors

Good

DII Holding

14.51%

% held by domestic mutual funds, LIC, banks

Poor

Promoter Pledged %

3.44%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

11.87%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

21.66%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

20.46%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

13.98%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

29.01%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.21x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

4.00x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-299.31 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Hi Tech Pipes Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of HITECH across key market metrics for learning purposes.

Positive Indicators

4 factors identified

Strong Revenue Growth (21.66%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (20.46% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Strong Profit Growth Track Record (29.01% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Conservative Debt Levels (D/E: 0.21)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Risk Factors

3 factors identified

Below-Average Return on Equity (7.95%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Margin Pressure Concerns (4.83%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Negative Free Cash Flow (₹-299.31 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Hi Tech Pipes Ltd vs Iron & Steel Products Peers

Peer Comparison - Iron & Steel Products

Compare Hi Tech Pipes Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
52.6/100
92
₹2024.58
26.0
Average
7.95%
Poor
11.61%
Average
0.2
Excellent
29.01%
Excellent
20.46%
Excellent
0.03%
58.2/100
1868
₹48140.62
45.9
Average
18.95%
Good
22.36%
Excellent
0.2
Excellent
25.60%
Excellent
21.78%
Excellent
0.33%
68/100
976
₹22904.25
23.6
Average
8.99%
Poor
12.05%
Average
0.1
Excellent
21.75%
Excellent
28.17%
Excellent
0.55%
68.3/100
1353
₹22738.84
12.8
Average
18.59%
Good
21.24%
Excellent
0.2
Excellent
13.17%
Good
7.02%
Good
0.58%
68/100
2587
₹16673.81
27.5
Average
16.01%
Good
21.51%
Excellent
0.1
Excellent
12.03%
Good
14.94%
Good
0.59%
58.9/100
282
₹16393.58
22.1
Average
17.23%
Good
23.25%
Excellent
0.0
Excellent
36.29%
Excellent
10.43%
Good
0.42%
61.5/100
689
₹14229.55
28.9
Average
15.11%
Good
19.20%
Good
0.2
Excellent
77.96%
Excellent
37.76%
Excellent
0.21%
43.7/100
510
₹12879.99
30.5
Average
15.83%
Good
18.75%
Good
0.1
Excellent
-0.10%
Poor
10.03%
Good
0.71%
42.5/100
246
₹10658.72
7.8
Average
16.31%
Good
19.37%
Good
0.4
Excellent
23.92%
Excellent
12.37%
Good
1.20%
62/100
635
₹7894.79
10.1
Average
12.90%
Average
16.63%
Good
0.0
Excellent
36.46%
Excellent
14.78%
Good
1.70%
38.5/100
105
₹6850.49
18.2
Average
4.86%
Poor
12.59%
Average
0.9
Good
16.22%
Excellent
10.52%
Good
0.00%

Hi Tech Pipes Ltd PE Ratio History

Historical price-to-earnings ratio for HITECH — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20253.98₹92.0723.1x
FY 20242.69₹159.6559.3x
FY 20232.18₹115.0052.8x
FY 20223.38₹82.0224.3x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Hi Tech Pipes Ltd Dividend History

Annual cash dividends paid by HITECH — dividend yield 0.03%

Financial YearDividends Paid (₹ Cr)
FY 20250.40 Cr
FY 20240.33 Cr
FY 20230.61 Cr
FY 20210.27 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Hi Tech Pipes Ltd Quarterly Performance

Latest quarterly metrics for HITECH — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

21.66%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

11.87%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

20.46%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

29.01%

Compounded annual net profit growth over 5 years

Hi Tech Pipes Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for HITECH — calculated from daily price history

57RSI 14
Neutral — RSI 57

Momentum is balanced — neither overbought nor oversold.

SMA 50
85
▲ Price above SMA 50 — Short-term bullish
SMA 200
93
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
803K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Hi Tech Pipes Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Hi Tech Pipes Ltd (HITECH) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Hi Tech Pipes Ltd

About HITECH (Hi Tech Pipes Ltd)

Hi Tech Pipes Ltd is a dynamic force in the Indian iron and steel industry, renowned for its comprehensive range of high-quality products. HITECH specializes in crafting an array o...f steel solutions, from robust mild steel hollow sections and meticulously engineered ERW steel pipes to durable galvanized iron (GI) pipes designed to withstand demanding environments. The company further extends its expertise into pre-galvanized steel pipes, ensuring enhanced corrosion resistance and prolonged lifespan. HITECH also manufactures crucial infrastructure components such as crash barriers, contributing to road safety and structural integrity. Its commitment to innovation is evident in its production of cold rolled coils and strips, as well as advanced coated coils and roofing sheets, catering to diverse architectural and industrial needs. Expanding beyond standard offerings, HITECH demonstrates its technical prowess through the fabrication of specialized steel products. This includes the creation of hot rolled, pickled and oiled steel, cold rolled close annealed steel, and cold rolled full hard steel, each tailored to specific performance requirements. HITECH also supplies BP sheets, coils, and strips, providing versatile options for manufacturing processes. Recognizing the importance of water resource management, the company produces casing pipes designed for borewells, ensuring reliable and safe access to groundwater. These diverse product lines reflect HITECH's dedication to serving a wide spectrum of sectors and contributing to infrastructural development. Beyond the core steel products, HITECH ventures into providing specialized components, including HR coil pipes, designed for demanding applications where high strength and resilience are paramount. The company further supplies metal, further illustrating its dedication to providing a complete solution for any and all metal and steel fabrication needs. HITECH's success stems from its unwavering commitment to quality, technological advancement, and customer satisfaction. By continually investing in research and development, HITECH remains at the forefront of the industry, adapting to evolving market demands and delivering superior steel solutions that meet the highest standards of performance and durability.

Company Details

Symbol:HITECH
Industry:Iron & Steel Products
Sector:Iron & Steel Products

Key Leadership

Mr. Ajay Kumar Bansal
Chairman & MD
Mr. Anish Kumar Bansal
Whole-Time Director
Mr. Kamleshwar Prasad
Whole-Time Director

HITECH Share Price: Frequently Asked Questions

What is the current share price of Hi Tech Pipes Ltd?

Hi Tech Pipes Ltd (HITECH) trades at ₹91.89 on NSE and BSE. Market cap ₹2.02K (Cr). Educational data only.

What is the P/E ratio of Hi Tech Pipes Ltd?

Hi Tech Pipes Ltd has a P/E of 25.97x vs industry average 22.05x.

What is the Bull Run score for Hi Tech Pipes Ltd?

Hi Tech Pipes Ltd has a Bull Run score of 52.6/100 based on 25+ financial parameters.

Does Hi Tech Pipes Ltd pay dividends?

Hi Tech Pipes Ltd has a dividend yield of 0.03%. Past dividends don't guarantee future payments.

What is the ROE of Hi Tech Pipes Ltd?

Hi Tech Pipes Ltd has ROE of 7.95%. Higher ROE indicates better use of shareholder equity.

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

Hi Tech Pipes Ltd has debt-to-equity of 0.21.

Is Hi Tech Pipes Ltd a good investment?

Bull Run gives Hi Tech Pipes Ltd a score of 52.6/100. This is not investment advice — consult a SEBI-registered advisor.