Hi-Tech Pipes Limited
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- Market Cap.:
- ₹9.95 billion
- Book Value:
- Revenue TTM:
- ₹22.79 billion
- Operating Margin TTM:
- Gross Profit TTM:
- ₹1.80 billion
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Hi-Tech Pipes Limited had its IPO on under the ticker symbol HITECH.
The company operates in the Basic Materials sector and Steel industry. Hi-Tech Pipes Limited has a staff strength of 575 employees.
Shares of Hi-Tech Pipes Limited opened at ₹75.6 at the start of the last trading session i.e. 2023-05-28.
The stocks traded within a range of ₹75.25 - ₹76.9, and closed at ₹76.25.
This is a +1.33% increase from the previous day's closing price.
A total volume of 349,244 shares were traded at the close of the day’s session.
In the last one week, shares of Hi-Tech Pipes Limited have increased by +3.18%.
Hi-Tech Pipes Limited's Key Ratios
Hi-Tech Pipes Limited has a market cap of ₹9.95 billion, indicating a price to book ratio of 0 and a price to sales ratio of 0.4988.
In the last 12-months Hi-Tech Pipes Limited’s revenue was ₹22.79 billion with a gross profit of ₹1.80 billion and an EBITDA of ₹989.68 million. The EBITDA ratio measures Hi-Tech Pipes Limited's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Hi-Tech Pipes Limited’s operating margin was 3.88% while its return on assets stood at 8.3% with a return of equity of 17.39%.
In Q4, Hi-Tech Pipes Limited’s quarterly earnings growth was a negative -11.7% while revenue growth was a positive 29.4%.
Hi-Tech Pipes Limited’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at ₹2.16 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Hi-Tech Pipes Limited’s profitability.
Hi-Tech Pipes Limited stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.4988.
Hi-Tech Pipes Limited stock pays annual dividends of ₹0 per share, indicating a yield of 0.07% and a payout ratio of 2.32%.
Balance sheet and cash flow metrics
- Total Assets
- ₹3.46 billion
- Total Liabilities
- ₹794.86 million
- Operating Cash Flow
- Capital Expenditure
- Dividend Payout Ratio
Hi-Tech Pipes Limited ended 2023 with ₹3.46 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹3.46 billion while shareholder equity stood at ₹2.32 billion.
Hi-Tech Pipes Limited ended 2023 with ₹0 in deferred long-term liabilities, ₹794.86 million in other current liabilities, 171757000.00 in common stock, ₹2.15 billion in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹3.76 million and cash and short-term investments were ₹17.56 million. The company’s total short-term debt was ₹0 while long-term debt stood at ₹264.38 million.
Hi-Tech Pipes Limited’s total current assets stands at ₹923.34 million while long-term investments were ₹0 and short-term investments were ₹10.43 million. Its net receivables were ₹451.68 million compared to accounts payable of ₹1.09 billion and inventory worth ₹384.12 million.
In 2023, Hi-Tech Pipes Limited's operating cash flow was ₹0 while its capital expenditure stood at ₹0.
Comparatively, Hi-Tech Pipes Limited paid ₹0.02 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Hi-Tech Pipes Limited stock is currently trading at ₹76.25 per share. It touched a 52-week high of ₹995 and a 52-week low of ₹995. Analysts tracking the stock have a 12-month average target price of ₹.
Its 50-day moving average was ₹77.66 and 200-day moving average was ₹569.66 The short ratio stood at 0 indicating a short percent outstanding of 0%.
Around 6011% of the company’s stock are held by insiders while 308.1% are held by institutions.
Frequently Asked Questions About Hi-Tech Pipes Limited
Similar Industry Stocks (Steel)
Hi-Tech Pipes Limited manufactures and sells steel products for infrastructure, constructions, automobiles, energy, agriculture, defense, engineering, and telecom industries in India. It offers GI pipes for agriculture and poly houses; steel pipes that are used for firefighting in commercial buildings and housing projects, as well as railing, fencing, road signs, cladding, furniture and containers, solar mounting structure, roof top sheds, infrastructure, airport, and metro stations; casing pipes for use in borewell and water management; structural pipes for poles and railings, scaffolding, casing columns, and telecom tower appliactions; cold rolled coils and strips, which are used in housing, automobile, office furniture, electric lamination, precision tubes and pipes, and white goods; and steel hollow section pipes for commercial building. The company also provides metal beam crash barriers for applications, such as national highways, expressways, bridges and flyovers, high embankments/sharp curves and banks, mines, collieries, high-density fast-moving traffic areas, village areas along highways, motor racing/test drove tracks, crash test sites, factory areas, traffic safety in airports, plants handling hazardous chemicals, and multi-story parking; and GC roofing sheets and color coated roofing sheets for housing industry. It operates through a network of approximately 390 distributors and dealers. The company also exports its products. Hi-Tech Pipes Limited was formerly known as Ram Lal Harbans Lal Limited and changed its name to Hi-Tech Pipes Limited in October 1986. Hi-Tech Pipes Limited was incorporated in 1985 and is headquartered in New Delhi, India.