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Hi-Tech Pipes share price & results

Hi-Tech Pipes Limited· Capital Goods· Industrials

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Manufactures steel tubes, pipes, hollow sections & coated coils across 6 plants in 4 Indian states.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue1,112 ₹ crore+76.2% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin3.5 %−1.5 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit15.0 ₹ crore−16.7% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity5.79 %−2.1 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-3.98 %−0.1 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)61.16 %+23.2 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

2 of 7 judged targets kept · 16 open · verdicts reflect calls analysed to Q1 FY27.

Hi-Tech Pipes Limited management guidance track record on Inve: 23 targets tracked across analysed earnings calls (2 achieved, 5 missed, 16 open).

TargetOriginal wordingSaidLatest callVerdict
Sales VolumeUpwards of 600,000 tons
Call transcript, Q4 FY25 · 26 May 2025		Q4 FY25Q1 FY27:Promise concluded in a prior period.
Call transcript, Q1 FY27 · 13 Aug 2026		Achieved*
Sales Volume5 lakh tons for FY25
Call transcript, Q3 FY25 · 12 Feb 2025		Q3 FY25Q1 FY27:Promise concluded in a prior period.
Call transcript, Q1 FY27 · 13 Aug 2026		Missed
Sales VolumeAround 8.5 lakh tons for FY28
Call transcript, Q4 FY26 · 28 May 2026		Q4 FY26Q1 FY27:Revised target upwards: 'For FY28, we are targeting 1 million tons of sales volume.'
Call transcript, Q1 FY27 · 13 Aug 2026		Revised Up

Source: Inve Guidance Tracker for Hi-Tech Pipes Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

5 of Hi-Tech Pipes Limited's 23 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 20 more targets are in the full ledger.

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Price

₹64.91 +3.20% · +₹2.01

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −43.6% 1Y

₹60₹80₹100Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 13 Nov 2025Q3 FY26 — 6 Feb 2026Q4 FY26 — 27 May 2026Q1 FY27 — 13 Aug 2026

1Y: ₹115 on 24 Oct 2025 → ₹64.91. High ₹115.1 (29 Oct 2025), low ₹62.9 (26 Oct 2026).

Previous close
₹62.9
Market cap
₹1.3k Cr
52-week range
₹62.9 – ₹115.1
One year
−42.76%
Price to earnings (TTM to Jun 2026)
17.04×
Return on equity (TTM to Jun 2026)
5.79%

Overview

Symbol
NSE:HITECH
Industry
Industrials
Exchange
NSE
Currency
INR

What Hi-Tech Pipes Limited does

Based on the company's own presentations, annual report and earnings calls.

Hi-Tech Pipes Limited, founded in 1985, is one of India's leading manufacturers of steel tubes and pipes, serving infrastructure, construction, solar and industrial customers. It earns revenue by converting steel coils into ERW black steel tubes, square/rectangular hollow sections, solar torque tubes, GP/GI pipes, CR coils and colour-coated coils, sold through a nationwide dealer, distributor, OEM and contract-customer network. The company operates manufacturing facilities in Uttar Pradesh, Gujarat, Andhra Pradesh and Maharashtra, and is expanding its value-added product mix (e.g., solar tubes, hollow sections).

Segments

  • MS Pipes & Hollow Sections
  • GP & GI Pipes
  • GPGC Sheet & Colour-Coated Coil
  • CR Coils & Strips
Manufacturing plants
6 facilities across 4 states (Uttar Pradesh, Gujarat, Andhra Pradesh, Maharashtra)
Installed manufacturing capacity
7,50,000 MTPA (750,000 tonnes/year) across all units
Market position
Among the largest producers of steel tubes and pipes in India
Registered brands
12+
Product SKUs
1,200+
Geographic reach
Products available across 19+ states in India
Founded 1985Headquarters 505, Pearls Omaxe Tower, Netaji Subhash Place, Pitampura, New Delhi, India Company website

How the price took the results

close before → close after

Q1 FY27
+1.8%
13 Aug
Q4 FY26
−8.9%
28 May
Q3 FY26
+4.8%
7 Feb
Q2 FY26
+0.6%
13 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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