Hi-Tech Pipes Peer Comparison

NSE: HITECH | BSE: 543411

₹77.61

₹0.13 (0.17%)

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 %

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	Hi-Tech Pipes	Sambhv Steel Tubes	Venus Pipes	JTL	Hariom Pipe
Market cap (₹ Cr)	1,574	4,811	3,951	2,968	1,134
Revenue (₹ Cr)	5,429	2,843	1,280	2,499	1,854
Net Profit (₹ Cr)	82.28	195.15	103.54	128.43	83.57
Net Margin (%)	1.51	6.83	8.01	5.11	4.48
RoE (%)	6.01	17.79	14.96	8.01	12.40
Price to Earnings	19.13	24.65	38.16	24.44	13.57
Price-To-Book	1.12	4.11	3.70	2.11	1.62

Income Statement (₹ Cr)

	Hi-Tech Pipes	Sambhv Steel Tubes	Venus Pipes	JTL	Hariom Pipe
Operating Revenue	5,428.99	2,842.60	1,280.49	2,498.60	1,853.90
Total Income	5,430.73	2,856.38	1,293.39	2,511.58	1,866.85
Total Expenditure	5,234.85	2,503.18	1,079.04	2,292.75	1,626.91
EBITDA	194.14	339.42	201.45	205.85	226.99
Depreciation	30.59	49.45	28.38	31.11	67.04
EBIT	163.55	289.97	173.07	174.74	159.96
Interest	56.41	38.66	46.03	17.23	58.52
Other Income	1.75	13.78	12.90	12.98	12.95
Exceptional Items	0.00	-3.51	-0.46	0.00	0.00
Profit before Tax	108.88	261.59	139.49	170.49	114.38
Provision for Tax	26.60	66.44	35.95	42.06	30.81
Profit after Tax	82.28	195.15	103.54	128.43	83.57

	Hi-Tech Pipes	Sambhv Steel Tubes	Venus Pipes	JTL	Hariom Pipe
Shareholder's Funds	1,403.37	1,169.78	720.44	1,544.24	701.39
Minority Interest	0.00	0.00	0.00	-7.24	0.00
Non-Current Liabilities	230.43	493.60	173.00	83.60	274.61
Current Liabilities	915.82	775.12	599.08	376.01	465.66
Total Liabilities	2,037.51	--	1,314.77	1,996.28	--

	Hi-Tech Pipes	Sambhv Steel Tubes	Venus Pipes	JTL	Hariom Pipe
Non-Current Assets	795.88	1,188.58	604.92	724.42	527.77
Current Assets	1,555.39	879.10	841.74	1,249.15	750.87
Total Assets	2,037.51	--	1,314.77	1,996.28	--
Total Debt*	242.31	--	285.53	244.06	--
Net Current Assets	639.57	103.98	242.66	873.14	285.22
Contingent Liabilities	3.53	--	23.57	16.73	--

	Hi-Tech Pipes	Sambhv Steel Tubes	Venus Pipes	JTL	Hariom Pipe
Cash From Operating Activities	3.32	--	112.42	-67.37	--
Cash Flow from Investing Activities	-40.61	--	-202.82	-141.95	--
Cash from Financing Activities	23.13	--	93.65	169.65	--
Net Cash Inflow / Outflow	-14.16	--	3.25	-39.68	--

	Hi-Tech Pipes	Sambhv Steel Tubes	Venus Pipes	JTL	Hariom Pipe
ROCE (%)	9.85	--	21.25	10.13	--
ROE (%)	6.01	17.79	14.96	8.01	12.40
ROA (%)	3.69	9.86	7.76	7.17	6.46
EBIT Margin (%)	3.01	10.20	13.52	6.99	8.63
Net Margin (%)	1.51	6.83	8.01	5.11	4.48
Cash Profit Margin (%)	0.00	0.00	0.00	0.00	0.00

	Hi-Tech Pipes	Sambhv Steel Tubes	Venus Pipes	JTL	Hariom Pipe
Revenue Growth (%)	72.63	41.91	21.10	31.91	23.89
EBIT Growth (%)	19.21	67.78	15.15	80.67	20.97
Net Profit Growth (%)	5.53	113.03	11.90	59.59	33.74
EPS Growth (%)	5.53	102.55	10.57	52.75	33.74
Book Value Growth (%)	6.05	--	28.71	28.83	--

	Hi-Tech Pipes	Sambhv Steel Tubes	Venus Pipes	JTL	Hariom Pipe
Price / Earnings	19.13	24.32	34.34	24.44	13.57
Price / Book Value	1.12	4.11	3.70	2.11	1.62
Dividend Yield (%)	0.00	0.00	0.06	0.17	0.20
EV/EBITDA	8.91	14.72	20.88	15.39	6.64
Market Cap (₹ Cr)	1,443.57	--	1,849.34	1,601.85	--

	Hi-Tech Pipes	Sambhv Steel Tubes	Venus Pipes	JTL	Hariom Pipe
Debt to Equity	0.12	0.38	0.20	0.02	0.33
Short term debt to equity ratio	0.13	--	0.25	0.14	--
Current Ratio	1.70	1.13	1.41	3.32	1.61
Quick Ratio	0.96	0.59	0.66	2.48	0.60
Interest Coverage	2.93	7.77	4.03	10.90	2.95

	Hi-Tech Pipes	Sambhv Steel Tubes	Venus Pipes	JTL	Hariom Pipe
Debtors to sales (%)	10.68	7.05	23.09	15.18	11.34
Asset Turnover	2.44	1.44	0.96	1.40	1.43
Receivable days	32.66	--	70.67	59.30	--
Inventory Days	41.27	--	114.12	41.72	--
Payable days	28.95	--	127.24	16.67	--
Cash Conversion Cycle	44.98	--	57.56	84.36	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.