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Hi-Tech Pipes HITECH.NS · INR

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75.76

-2.38%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2026

Revenue

₹42.00bn

FY2017FY2026

Net income

₹761.6m

FY2017FY2026

Free cash flow

−₹2.14bn

FY2017FY2026

Shareholders' equity

₹13.33bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue₹42.00bn₹30.68bn₹26.99bn₹23.86bn₹18.77bn₹13.39bn₹12.08bn₹13.59bn₹10.14bn₹6.37bn
Gross profit₹2.44bn₹2.30bn₹2.37bn₹2.12bn₹1.30bn₹1.29bn₹1.13bn₹1.22bn₹1.01bn₹747.6m
Operating income₹1.46bn₹1.82bn₹1.01bn₹883.1m₹895.6m₹613.9m₹509.7m₹677.8m₹546.1m₹353.4m
Net income₹761.6m₹729.5m₹439.3m₹376.8m₹403.3m₹228.0m₹203.9m₹273.5m₹210.1m₹103.5m
Diluted earnings per share3.753.522.482.182.261.861.702.291.760.86

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets₹20.24bn₹17.56bn₹11.79bn₹9.16bn₹7.69bn₹5.99bn₹5.68bn₹5.05bn₹4.49bn₹3.60bn
Cash and short-term investments₹870.0m₹1.83bn₹23.3m₹18.9m₹9.0m₹6.3m₹7.3m₹8.4m₹9.1m₹164.2m
Total liabilities₹6.90bn₹4.98bn₹6.02bn₹4.97bn₹5.11bn₹3.94bn₹3.94bn₹3.58bn₹3.35bn₹2.83bn
Debt₹2.68bn₹1.79bn₹4.02bn₹2.73bn₹3.93bn₹3.17bn₹3.21bn₹3.10bn₹2.66bn₹1.80bn
Shareholders' equity₹13.33bn₹12.57bn₹5.76bn₹4.18bn₹2.59bn₹2.05bn₹1.74bn₹1.47bn₹1.14bn₹765.3m
Shares outstanding203m207m177m173m178m123m120m120m120m120m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations−₹436.1m₹284.2m−₹951.9m₹1.34bn−₹10.6m₹641.2m₹249.5m₹490.0m−₹58.0m₹244.7m
Capital spending−₹1.70bn−₹1.90bn−₹1.09bn−₹693.4m−₹466.7m−₹409.1m−₹361.4m−₹331.0m−₹564.9m−₹360.3m
Free cash flow−₹2.14bn−₹1.61bn−₹2.04bn₹644.0m−₹477.4m₹232.1m−₹111.9m₹159.1m−₹622.9m−₹115.6m
Dividends paid−₹4.5m−₹4.0m−₹3.3m−₹6.1m−₹6.1m−₹2.7m−₹3.2m−₹3.2m−₹3.1m−₹6.2m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹14.13bn₹14.80bn₹10.70bn₹8.59bn₹7.91bn₹7.34bn₹7.61bn₹7.06bn
Gross profit₹679.6m₹628.0m₹611.1m₹771.7m₹725.8m₹447.7m₹766.9m₹750.2m
Operating income₹415.9m₹387.0m₹352.1m₹376.9m₹348.6m₹306.7m₹339.7m₹369.1m
Net income₹200.4m₹176.0m₹173.9m₹202.6m₹209.2m₹176.3m₹191.5m₹181.1m
Diluted earnings per share0.990.870.840.981.010.851.081.02
Cash from operations———−₹144.0m—₹494.0m—₹293.0m
Capital spending———−₹726.0m—−₹530.0m—−₹294.0m
Free cash flow———−₹870.0m—−₹36.0m—−₹1.0m
Total assets—₹20.24bn—₹19.08bn—₹17.56bn—₹14.13bn
Cash and short-term investments₹870.0m₹870.0m₹1.57bn₹1.57bn₹1.83bn₹1.83bn₹344.8m₹344.8m
Debt—₹2.42bn—₹2.92bn—₹2.02bn—₹2.80bn
Shareholders' equity₹13.33bn₹13.33bn₹12.99bn₹12.99bn₹12.57bn₹12.57bn₹7.49bn₹7.49bn

Financial ratios

Data as of 28 Sept 2026

FY2026FY2025FY2024FY2023FY2022FY2021
Gross margin5.8%7.5%8.8%8.9%6.9%9.6%
Operating margin3.5%5.9%3.7%3.7%4.8%4.6%
Net margin1.8%2.4%1.6%1.6%2.1%1.7%
Return on equity5.7%5.8%7.6%9.0%15.6%11.1%
Return on assets3.8%4.2%3.7%4.1%5.2%3.8%
Free cash flow yield8.5%14.4%1.1%16.0%3.5%11.7%
Revenue growth36.9%13.6%13.1%27.1%40.2%10.8%
Earnings growth4.4%66.1%16.6%-6.6%76.8%11.8%
Current ratio2.17x2.38x1.54x1.46x1.43x1.37x
Debt to equity0.18x0.14x0.69x0.64x1.06x1.29x
Equity ratio65.9%71.6%48.9%45.7%33.6%34.2%
Interest coverage3.08x4.23x2.40x2.50x2.46x1.90x
Buybacks as a share of market value1.9%-16.7%-2.7%3.0%-45.0%-2.6%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue20.7%25.7%23.6%
Operating income18.4%19.0%30.7%
Net income26.4%27.3%27.9%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin6.5%7.5%7.6%8.2%
Operating margin4.5%4.2%4.3%4.4%
Net margin2.1%1.9%1.9%1.9%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings21.326.164.452.736.228.911.96.512.538.2
Price to sales0.40.61.10.80.80.50.20.10.30.6

Dividends and splits

Per share, in the currency the company pays

Paid for 4 years. Last went ex-dividend on 19 Sept 2025.

FY2026FY2025FY2024FY2023FY2021FY2020FY2019FY2018
Paid in the year0.0250.0250.0250.050.0250.0250.0250.025
  • 10-for-1 split · 17 Mar 2023

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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