Hi-Tech Pipes Key Ratios
NSE: HITECH | BSE: 543411
₹82.05
As on 28-Aug-2026IST
Market cap
₹1,667 Cr
Revenue (TTM)
₹4,822 Cr
P/E Ratio
22.1
P/B Ratio
1.2
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -4.56 | 78.53 | 61.15 | 24.28 | 25.13 |
| EBIT | 7.47 | 19.30 | 12.29 | 18.30 | 15.58 |
| Net Profit | 13.87 | -4.22 | -0.70 | 17.72 | 19.30 |
| EPS | 13.86 | -4.21 | -4.21 | 4.29 | 5.80 |
| Book Value | -- | -- | 75.89 | 43.23 | 31.26 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-25 | Mar-24 |
| EBIT-Margin
| 3.89 | 4.29 | 3.18 | 4.53 | 3.68 |
| Net Margin
| 1.86 | 1.89 | 1.56 | 2.38 | 1.63 |
| Return on equity
| 9.47 | 12.19 | 5.72 | 8.17 | 10.23 |
| Return on Capital
| 11.62 | 12.91 | -- | 11.62 | 12.04 |
| Return on Assets
| 4.42 | 4.67 | 3.98 | 4.94 | 4.17 |
| Debt to Equity (x)
| -- | -- | 0.05 | 0.15 | 0.76 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
--
|
11.62
|
12.04
|
12.68
|
15.63
|
|
Peer Median
|
--
|
18.02
|
19.02
|
29.89
|
--
|
ROE
5.72
Lower than Peers by 5.28
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
5.72
|
8.17
|
10.23
|
12.78
|
17.56
|
|
Peer Median
|
11.00
|
16.88
|
20.14
|
29.85
|
--
|
ROA
3.98
Lower than Peers by 3.37
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
3.98
|
4.94
|
4.17
|
4.45
|
5.89
|
|
Peer Median
|
7.35
|
7.77
|
10.61
|
14.41
|
--
|
EBIT Margin
3.18
Lower than Peers by 4.14
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
3.18
|
4.53
|
3.68
|
3.75
|
4.84
|
|
Peer Median
|
7.31
|
10.72
|
12.52
|
9.84
|
--
|
Net Margin
1.56
Lower than Peers by 3.21
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
1.56
|
2.38
|
1.63
|
1.58
|
2.15
|
|
Peer Median
|
4.77
|
4.73
|
5.04
|
6.50
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
--
|
3.06
|
2.20
|
2.16
|
2.66
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
61.15
Higher than Peers by 52.62
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
61.15
|
13.65
|
13.14
|
26.98
|
40.15
|
|
Peer Median
|
8.53
|
13.12
|
17.36
|
82.53
|
--
|
EBIT Growth
12.29
Higher than Peers by 1.34
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
12.29
|
39.99
|
11.11
|
-1.56
|
45.41
|
|
Peer Median
|
10.95
|
15.13
|
29.80
|
82.08
|
--
|
Net Profit Growth
-0.70
Lower than Peers by 11.49
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
-0.70
|
66.05
|
16.58
|
-6.56
|
76.85
|
|
Peer Median
|
10.79
|
9.05
|
19.84
|
295.45
|
--
|
EPS Growth
-4.21
Lower than Peers by 1.36
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
-4.21
|
22.12
|
-0.66
|
-10.02
|
61.50
|
|
Peer Median
|
-2.85
|
8.64
|
12.50
|
114.55
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
--
|
138.34
|
59.34
|
28.07
|
28.79
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.05
Lower than Peers by 0.01
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
0.05
|
0.15
|
0.76
|
0.83
|
1.52
|
|
Peer Median
|
0.06
|
0.60
|
0.45
|
0.50
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
--
|
0.12
|
0.45
|
0.34
|
0.84
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.17
Higher than Peers by 0.49
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
2.17
|
2.34
|
1.53
|
1.45
|
1.43
|
|
Peer Median
|
1.67
|
1.56
|
1.73
|
1.96
|
--
|
Quick Ratio
1.16
Higher than Peers by 0.26
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
1.16
|
1.49
|
0.79
|
0.65
|
0.67
|
|
Peer Median
|
0.90
|
1.15
|
0.79
|
0.96
|
--
|
Interest Coverage
2.80
Lower than Peers by 2.43
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
2.80
|
3.28
|
2.40
|
2.41
|
2.52
|
|
Peer Median
|
5.24
|
4.88
|
7.06
|
7.08
|
--
|
Operating Efficiency
Debtors to sales
9.31
Lower than Peers by 2.90
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
9.31
|
9.87
|
10.38
|
7.78
|
8.91
|
|
Peer Median
|
12.21
|
17.48
|
10.48
|
12.52
|
--
|
Asset Turnover
2.55
Higher than Peers by 1.23
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
2.55
|
2.08
|
2.56
|
2.82
|
2.74
|
|
Peer Median
|
1.33
|
1.94
|
2.01
|
2.71
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
--
|
34.68
|
31.49
|
27.00
|
27.98
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
--
|
43.48
|
44.18
|
43.31
|
43.50
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
--
|
26.69
|
24.57
|
21.30
|
13.84
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
--
|
51.47
|
51.10
|
49.00
|
57.64
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
22.15
Lower than Peers by 6.04
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
22.15
|
28.66
|
47.53
|
27.17
|
1.53
|
|
Peer Median
|
28.19
|
28.60
|
36.03
|
33.43
|
--
|
Price / Book Value
1.23
Lower than Peers by 0.77
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
1.23
|
1.66
|
3.97
|
3.10
|
2.39
|
|
Peer Median
|
2.00
|
2.70
|
3.83
|
3.78
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
--
|
0.02
|
0.02
|
0.03
|
0.10
|
|
Peer Median
|
0.14
|
0.05
|
0.08
|
0.06
|
--
|
EV/EBITDA
9.90
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
9.90
|
12.95
|
21.28
|
12.13
|
9.79
|
|
Peer Median
|
--
|
18.08
|
32.36
|
20.88
|
--
|
Market Cap
1,667
Lower than Peers by 3,375
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Hi-Tech Pipes
|
1,667
|
2,088
|
2,092
|
1,027
|
617
|
|
Peer Median
|
5,042
|
2,834
|
4,218
|
2,026
|
--
|