75.76
-2.38%
Close of 9 Nov 2026, in INR
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About Hi-Tech Pipes
Its shares trade on NSE under the ticker HITECH.NS. It has been listed since 25 February 2016. In the fiscal year to 31 March 2026, it reported revenue of ₹42.00bn and net income of ₹761.6m. At that date it held total assets of ₹20.24bn and shareholders' equity of ₹13.33bn.
Hi-Tech Pipes Ltd. engages in the manufacture of steel tubes & pipes. The company is headquartered in New Delhi, Delhi. The company went IPO on 2016-02-25. Its key products include black hollow section and round pipe, galvanized and pre-galvanized pipes and cold rolled coils (CR). Its products are used in multiple sectors, including infrastructure, construction, automobiles, energy, agriculture, defense, engineering and telecom. The company operates under the manufacturing of Steel Tubes & Pipes. Its product brands include JalShakti, Organic Pipes, FireFighter, Bahubali, Pre-Gal, Casewell, Shakti, Flatmax, Crashguard, Pillar, ColorStar and Metal GC Sheet. The firm has its five manufacturing facilities spread across four states, namely Uttar Pradesh, Gujarat, Andhra Pradesh and Maharashtra. The company has an installed capacity of approximately one million metric tons (MT) per annum.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Metals & Mining
- Listed since
- 25 Feb 2016
- Employees
- 542
- Website
- hitechpipes.in ↗
Leadership
Pay as last reported
- Mr. Ajay BansalExecutive Chairman of the Board, Managing Director₹9.6m
- Mr. Arvind BansalChief Financial Officer, Executive Director
- Mr. Arun KumarCompliance Officer, Company Secretary
- Mr. Anish BansalWhole-Time Director, since 2023₹6.0m
- Mr. Kamleshwar PrasadAdditional Non-Independent Executive Director, since 2024
- Mr. Nehal ShahChief Strategic Officer
- Mr. Mukesh GargNon-Executive Independent Director₹160,000
- Mr. Vivek GoyalNon-Executive Independent Director₹160,000
- Mrs. Neerja KumarNon-Executive Independent Director₹160,000
- Mr. Prashant SaxenaNon-Executive Independent Director₹160,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Hi-Tech Pipes Ltd. has a strong presence in the Metals & Mining sector with 542 employees and five manufacturing facilities.
- The company's product portfolio includes JalShakti, Organic Pipes, and FireFighter for diverse market applications.
- With an installed capacity of one million metric tons per annum, Hi-Tech Pipes Ltd. serves multiple sectors including infrastructure and defense.
Weaknesses
- Hi-Tech Pipes Ltd. operates with a limited number of manufacturing facilities across four Indian states only.
- The company's product range lacks innovation in the current market trends for steel tubes and pipes.
- Hi-Tech Pipes Ltd. has not expanded beyond its current operational footprint in India.
Opportunities
- Hi-Tech Pipes Ltd. can leverage the growing infrastructure projects in India to increase market share.
- The company can expand its product line to include eco-friendly steel solutions for the construction sector.
- Increasing demand for galvanized pipes in the automotive and energy sectors presents new opportunities.
Threats
- Competition from other steel tube manufacturers in India may impact Hi-Tech Pipes Ltd.'s market position.
- Fluctuations in raw material prices could affect the company's production costs and profitability.
- Economic downturns in key sectors like construction and automotive may reduce demand for steel pipes.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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