Hi-Tech Pipes Key Ratios
NSE: HITECH | BSE: 543411
₹77.61
As on 06-Nov-2026IST
Market cap
₹1,574 Cr
Revenue (TTM)
₹5,429 Cr
P/E Ratio
19.1
P/B Ratio
1.1
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 3.78 | 70.74 | 72.63 | 26.86 | 26.88 |
| EBIT | 15.55 | 27.51 | 19.21 | 19.80 | 15.69 |
| Net Profit | 36.00 | 34.52 | 5.53 | 20.17 | 18.83 |
| EPS | 36.00 | 34.53 | 5.54 | 2.90 | 6.00 |
| Book Value | -- | -- | 6.05 | 36.34 | 29.67 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 3.87 | 4.06 | 3.01 | 3.49 | 4.53 |
| Net Margin
| 1.96 | 1.91 | 1.51 | 1.81 | 2.38 |
| Return on equity
| 7.34 | 10.93 | 6.01 | 5.88 | 8.17 |
| Return on Capital
| 10.61 | 12.37 | -- | 9.85 | 11.62 |
| Return on Assets
| 4.23 | 4.69 | 3.69 | 4.00 | 4.94 |
| Debt to Equity (x)
| -- | -- | 0.12 | 0.18 | 0.15 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
--
|
9.85
|
11.62
|
12.04
|
12.68
|
|
Peer Median
|
--
|
16.14
|
18.02
|
19.02
|
--
|
ROE
6.01
Lower than Peers by 5.00
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
6.01
|
5.88
|
8.17
|
10.23
|
12.78
|
|
Peer Median
|
11.02
|
12.40
|
16.88
|
20.14
|
--
|
ROA
3.69
Lower than Peers by 3.47
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
3.69
|
4.00
|
4.94
|
4.17
|
4.45
|
|
Peer Median
|
7.17
|
6.81
|
7.77
|
10.61
|
--
|
EBIT Margin
3.01
Lower than Peers by 4.28
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
3.01
|
3.49
|
4.53
|
3.68
|
3.75
|
|
Peer Median
|
7.29
|
10.20
|
10.72
|
12.52
|
--
|
Net Margin
1.51
Lower than Peers by 3.25
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
1.51
|
1.81
|
2.38
|
1.63
|
1.58
|
|
Peer Median
|
4.77
|
4.79
|
4.73
|
5.04
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
--
|
2.46
|
3.06
|
2.20
|
2.16
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
72.63
Higher than Peers by 62.26
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
72.63
|
36.92
|
13.65
|
13.14
|
26.98
|
|
Peer Median
|
10.37
|
23.89
|
13.12
|
17.36
|
--
|
EBIT Growth
19.21
Higher than Peers by 7.46
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
19.21
|
5.28
|
39.99
|
11.11
|
-1.56
|
|
Peer Median
|
11.75
|
20.97
|
15.13
|
29.80
|
--
|
Net Profit Growth
5.53
Lower than Peers by 7.94
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
5.53
|
4.40
|
66.05
|
16.58
|
-6.56
|
|
Peer Median
|
13.48
|
26.31
|
9.05
|
19.84
|
--
|
EPS Growth
5.54
Higher than Peers by 7.05
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
5.54
|
5.11
|
22.12
|
-0.66
|
-10.02
|
|
Peer Median
|
-1.52
|
10.57
|
8.64
|
12.50
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
--
|
6.05
|
138.34
|
59.34
|
28.07
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.12
Higher than Peers by 0.04
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
0.12
|
0.18
|
0.15
|
0.76
|
0.83
|
|
Peer Median
|
0.07
|
0.26
|
0.60
|
0.45
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
--
|
0.13
|
0.12
|
0.45
|
0.34
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.70
Higher than Peers by 0.03
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
1.70
|
2.14
|
2.34
|
1.53
|
1.45
|
|
Peer Median
|
1.67
|
1.76
|
1.56
|
1.73
|
--
|
Quick Ratio
0.96
Higher than Peers by 0.06
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
0.96
|
1.15
|
1.49
|
0.79
|
0.65
|
|
Peer Median
|
0.90
|
0.96
|
1.15
|
0.79
|
--
|
Interest Coverage
2.93
Lower than Peers by 2.31
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
2.93
|
3.13
|
3.28
|
2.40
|
2.41
|
|
Peer Median
|
5.24
|
3.23
|
4.88
|
7.06
|
--
|
Operating Efficiency
Debtors to sales
10.68
Lower than Peers by 1.51
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
10.68
|
10.69
|
9.87
|
10.38
|
7.78
|
|
Peer Median
|
12.20
|
15.18
|
17.48
|
10.48
|
--
|
Asset Turnover
2.44
Higher than Peers by 1.07
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
2.44
|
2.21
|
2.08
|
2.56
|
2.82
|
|
Peer Median
|
1.36
|
1.43
|
1.94
|
2.01
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
--
|
32.66
|
34.68
|
31.49
|
27.00
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
--
|
41.27
|
43.48
|
44.18
|
43.31
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
--
|
28.95
|
26.69
|
24.57
|
21.30
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
--
|
44.98
|
51.47
|
51.10
|
49.00
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
19.13
Lower than Peers by 5.31
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
19.13
|
18.85
|
28.66
|
47.53
|
27.17
|
|
Peer Median
|
24.44
|
24.44
|
28.60
|
36.03
|
--
|
Price / Book Value
1.12
Lower than Peers by 0.79
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
1.12
|
1.08
|
1.66
|
3.97
|
3.10
|
|
Peer Median
|
1.91
|
1.71
|
2.70
|
3.83
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
--
|
--
|
0.02
|
0.02
|
0.03
|
|
Peer Median
|
0.17
|
0.06
|
0.05
|
0.08
|
--
|
EV/EBITDA
9.24
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
9.24
|
9.08
|
12.95
|
21.28
|
12.13
|
|
Peer Median
|
--
|
16.00
|
18.08
|
32.36
|
--
|
Market Cap
1,574
Lower than Peers by 2,676
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
1,574
|
1,444
|
2,088
|
2,092
|
1,027
|
|
Peer Median
|
4,250
|
2,968
|
2,834
|
4,218
|
--
|