Hi-Tech Pipes Limited (HITECH) fundamentals

Hi-Tech Pipes Limited is a listed company in Industrial Products, part of the Capital Goods sector, listed on the NSE as HITECH (ISIN INE106T01025). This page carries its reported financials, balance sheet, cash flow, shareholding pattern and valuation ratios.

What Hi-Tech Pipes Limited does

Hi-Tech Pipes Limited is an India-based company, which is engaged in the manufacturing of electric resistance welding (ERW) steel round and section pipes, cold rolled (CR) strips, galvanized plain (GP) coils, color coated sheet, and engineering products and distribution of the same across India. Its products include black hollow section and round pipe, galvanized and pre-galvanized pipes, crash barriers, metal beams, solar torque tubes, and cold CR coils. Its products are used in multiple sectors, including infrastructure, construction, automobiles, agriculture, defense, engineering, and telecom. Its product brands include JalShakti, Organic Pipes, FireFighter, Bahubali, Casewell, Shakti, Flatmax, Crashguard, Pillar, ColorStar, and Pre gal. The Company has approximately six manufacturing facilities spread across four states, namely Uttar Pradesh, Gujarat, Andhra Pradesh, and Maharashtra. Its subsidiaries include HTL Metal Pvt. Ltd., HTL Ispat Pvt. Ltd., and Hitech Metalex Pvt. Ltd.

Valuation and market data

Last close₹62.90
Market capitalisation₹1,271 crore
Enterprise value₹1,380 crore
P/E (TTM)16.68
Price to book0.95
Price to sales (TTM)0.17
Book value per share₹66.01
Dividend yield0.00%
SectorCapital Goods
IndustryIndustrial Products
Listed sinceMon May 07

Annual results

PeriodRevenueProfit before taxNet profitEPS
Mar 2026₹4,203 crore₹101 crore₹76 crore3.77
Mar 2025₹3,070 crore₹98 crore₹73 crore3.98
Mar 2024₹2,700 crore₹59 crore₹44 crore3.25
Mar 2023₹2,388 crore₹50 crore₹38 crore3.06
Mar 2022₹1,880 crore₹55 crore₹40 crore3.38

Figures are as reported (consolidated), in ₹ crore.

Shareholding pattern

As of Sep 2026:

Promoters43.4%
Foreign institutions (FII)1.1%
Mutual funds9.7%
Other domestic institutions0.9%
Retail and others44.9%

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Data is sourced from exchange filings and vendor feeds and is for research, not investment advice. Figures can be restated by the company after publication.