
About Hi-Tech Pipes Ltd
Data last updated:
Hi-Tech Pipes Ltd is a public limited company based in New Delhi, Delhi, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 02 January 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L27202DL1985PLC019750. Its GSTIN is 07AAACH1224Q2ZJ (Delhi). The company holds 12 GST registrations, of which 7 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 543411 and NSE: HITECH.
The company has an authorised share capital of ₹24 Cr and a paid-up capital of ₹20.31 Cr. It was formerly known as Ram Lal Harbans Lal Limited. It is led by directors including Ajay Kumar Bansal (Managing Director) and Kamleshwar Prasad (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 505 Pearl Omaxe Tower Netaji Subhash Place Pitampura, New Delhi, Delhi, India – 110034.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹4,200.07 Cr, a growth of 36.9% compared to the previous year. For the same year it recorded a net profit of ₹76.16 Cr (net margin 1.8%) and EBITDA of ₹173.55 Cr (EBITDA margin 4.1%).
The company has about 180 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
As per MCA filings, the company has open charges of ₹552.74 Cr and satisfied charges of ₹1,222.11 Cr on record. Court records list 113 cases involving the company, including 81 filed by the company and 32 filed against it; 24 cases are pending. The company has 47 deals on record (45 market trades, 1 qip, 1 ipo); the latest was in April 2026. Its 8 peer companies in the Metals and Minerals industry (Pipes, Steel), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 4 smaller; the largest is Arjas Steel Private Limited with revenue of ₹2,894.37 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hitechpipes.in.
Company details
CIN history
Hi-Tech Pipes has one previous CIN (Corporate Identification Number): U27202DL1985PLC019750. The current CIN is L27202DL1985PLC019750, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27202DL1985PLC019750 | Current |
| U27202DL1985PLC019750 | Previous |
Contact details
Hi-Tech Pipes Ltd's registered office is in New Delhi, Delhi. Its website is hitechpipes.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address505 Pearl Omaxe Tower Netaji Subhash Place Pitampura, New Delhi, Delhi, India – 110034
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Hi-Tech Pipes Ltd, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Hi-Tech Pipes is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Hi-Tech Pipes Ltd, buy the company report.
Financials of Hi-Tech Pipes Ltd
FY 2025-26 filings availableHi-Tech Pipes Ltd reported revenue of ₹4,200.07 Cr (up 36.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 4,200 | 3,068 | 2,699 | 2,386 | 1,879 | 1,341 | 1,210 |
| Revenue growth | +36.9% | +13.7% | +13.1% | +27.0% | +40.2% | +10.8% | - |
| EBITDA | 174 | 160 | 115 | 96.70 | 101 | 70.79 | 59.23 |
| EBITDA margin | +4.1% | +5.2% | +4.3% | +4.1% | +5.4% | +5.3% | +4.9% |
| Profit before tax | 101 | 98.01 | 58.69 | 49.89 | 55.33 | 30.98 | 23.87 |
| Net profit | 76.16 | 72.90 | 43.92 | 42.57 | 40.33 | 22.79 | 20.39 |
| Net profit margin | +1.8% | +2.4% | +1.6% | +1.8% | +2.2% | +1.7% | +1.7% |
| EPS (₹) | 3.77 | 3.59 | 2.93 | 2.95 | 32.86 | 20.35 | 18.66 |
| Balance sheet | |||||||
| Total assets | - | 1,454 | 983 | 695 | 654 | 524 | 487 |
| Net worth | - | 1,257 | 576 | 418 | 259 | 205 | 174 |
| Total debt | - | 192 | 402 | 273 | 393 | 317 | 312 |
| Cash & bank | - | 183 | 25.99 | 21.17 | 17.07 | 16.93 | 18.77 |
| Net working capital | - | 772 | 546 | 353 | 393 | 297 | 290 |
| Cash flow | |||||||
| Cash from operations | - | 69.83 | (95.19) | 134 | (17.32) | 64.12 | 24.95 |
| Cash from investing | - | (390) | (153) | (98.18) | (46.45) | (39.63) | (38.86) |
| Cash from financing | - | 354 | 249 | (34.58) | 64.03 | (24.58) | 13.79 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,413 | 1,480 | 1,070 | 859 | 791 | 734 | 761 | 706 |
| Revenue growth (YoY) | +78.5% | +101.8% | +40.6% | +21.7% | -8.7% | - | - | - |
| Other income | 0.56 | 0.25 | 0.25 | 1.15 | 0.93 | 0.01 | 0.38 | 0.97 |
| EBITDA | 49.37 | 46.31 | 41.88 | 44.33 | 41.03 | 34.92 | 40.24 | 42.19 |
| EBITDA margin | +3.5% | +3.1% | +3.9% | +5.2% | +5.2% | +4.8% | +5.3% | +6.0% |
| Depreciation | 7.79 | 7.61 | 6.67 | 6.64 | 6.17 | 4.26 | 6.26 | 5.28 |
| Interest | 15.67 | 15.73 | 12.25 | 11.77 | 7.82 | 6.60 | 8.77 | 13.56 |
| Profit before tax | 26.47 | 23.22 | 23.21 | 27.07 | 27.97 | 24.07 | 25.59 | 24.32 |
| Tax | 6.44 | 5.63 | 5.82 | 6.81 | 7.04 | 6.45 | 6.44 | 6.20 |
| Net profit | 20.03 | 17.59 | 17.39 | 20.26 | 20.93 | 17.62 | 19.15 | 18.12 |
| EPS (₹) | 0.99 | 0.89 | 0.84 | 1.01 | 1.04 | 0.95 | 1.08 | 1.10 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 3,443 | 2,550 | 2,207 | 1,861 | 1,512 | 1,026 | 967 |
| Revenue growth | +35.0% | +15.5% | +18.6% | +23.1% | +47.3% | +6.2% | - |
| EBITDA | 146 | 136 | 88.21 | 72.37 | 74.11 | 51.18 | 44.38 |
| EBITDA margin | +4.3% | +5.3% | +4.0% | +3.9% | +4.9% | +5.0% | +4.6% |
| Profit before tax | 85.74 | 85.76 | 44.83 | 37.75 | 40.94 | 20.17 | 16.36 |
| Net profit | 64.16 | 63.62 | 33.89 | 33.73 | 29.89 | 15.04 | 13.86 |
| Net profit margin | +1.9% | +2.5% | +1.5% | +1.8% | +2.0% | +1.5% | +1.4% |
| EPS (₹) | 3.18 | 3.13 | 2.26 | 2.26 | 24.34 | 13.42 | 12.85 |
| Balance sheet | |||||||
| Total assets | - | 1,319 | 813 | 551 | 477 | 387 | 391 |
| Net worth | - | 1,187 | 516 | 367 | 217 | 174 | 150 |
| Total debt | - | 127 | 294 | 180 | 259 | 212 | 239 |
| Cash & bank | - | 179 | 25.32 | 20.72 | 16.61 | 16.82 | 17.87 |
| Net working capital | - | 586 | 434 | 279 | 264 | 206 | 233 |
| Cash flow | |||||||
| Cash from operations | - | 120 | (70.53) | 56.15 | 6.88 | 75.62 | 3.19 |
| Cash from investing | - | (496) | (125) | (78.91) | (41.35) | (26.88) | (31.26) |
| Cash from financing | - | 407 | 196 | 23.55 | 34.60 | (48.87) | 28.01 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,112 | 1,189 | 902 | 721 | 631 | 572 | 634 | 621 |
| Revenue growth (YoY) | +76.2% | +108.0% | +42.2% | +16.1% | -12.8% | - | - | - |
| Other income | 0.53 | 0.38 | 0.25 | 0.32 | 0.88 | 0.04 | 0.14 | 0.93 |
| Total expenses | 1,074 | 1,148 | 868 | 684 | 597 | 541 | 599 | 586 |
| EBITDA | 38.76 | 41.05 | 33.70 | 37.04 | 34.64 | 30.43 | 34.60 | 35.42 |
| EBITDA margin | +3.5% | +3.5% | +3.7% | +5.1% | +5.5% | +5.3% | +5.5% | +5.7% |
| Depreciation | 6.52 | 6.82 | 5.75 | 5.74 | 5.32 | 3.85 | 5.17 | 4.50 |
| Interest | 12.51 | 13.23 | 9.78 | 9.55 | 6.34 | 4.62 | 6.87 | 11.21 |
| Profit before tax | 20.26 | 21.38 | 18.42 | 22.07 | 23.86 | 22.00 | 22.70 | 20.64 |
| Tax | 5.10 | 5.38 | 4.63 | 5.56 | 6.00 | 5.71 | 6.11 | 5.27 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,413 | 1,480 | 1,070 | 859 | 791 | 734 | 761 | 706 |
| Revenue growth (YoY) | +78.5% | +101.8% | +40.6% | +21.7% | -8.7% | - | - | - |
| Other income | 0.56 | 0.25 | 0.25 | 1.15 | 0.93 | 0.01 | 0.38 | 0.97 |
| EBITDA | 49.37 | 46.31 | 41.88 | 44.33 | 41.03 | 34.92 | 40.24 | 42.19 |
| EBITDA margin | +3.5% | +3.1% | +3.9% | +5.2% | +5.2% | +4.8% | +5.3% | +6.0% |
| Depreciation | 7.79 | 7.61 | 6.67 | 6.64 | 6.17 | 4.26 | 6.26 | 5.28 |
| Interest | 15.67 | 15.73 | 12.25 | 11.77 | 7.82 | 6.60 | 8.77 | 13.56 |
| Profit before tax | 26.47 | 23.22 | 23.21 | 27.07 | 27.97 | 24.07 | 25.59 | 24.32 |
| Tax | 6.44 | 5.63 | 5.82 | 6.81 | 7.04 | 6.45 | 6.44 | 6.20 |
| Net profit | 20.03 | 17.59 | 17.39 | 20.26 | 20.93 | 17.62 | 19.15 | 18.12 |
| EPS (₹) | 0.99 | 0.89 | 0.84 | 1.01 | 1.04 | 0.95 | 1.08 | 1.10 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 4,200 | 3,068 | 2,699 | 2,386 | 1,879 | 1,341 | 1,210 |
| Revenue growth | +36.9% | +13.7% | +13.1% | +27.0% | +40.2% | +10.8% | - |
| Other income | 2.59 | 1.89 | 1.18 | 2.26 | 0.94 | 0.80 | 1.25 |
| Total expenses | 4,027 | 2,908 | 2,584 | 2,289 | 1,778 | 1,270 | 1,150 |
| Employee cost | 0.00 | 33.19 | 31.46 | 26.40 | 21.99 | 18.78 | 17.79 |
| EBITDA | 174 | 160 | 115 | 96.70 | 101 | 70.79 | 59.23 |
| EBITDA margin | +4.1% | +5.2% | +4.3% | +4.1% | +5.4% | +5.3% | +4.9% |
| Depreciation | 27.10 | 20.92 | 15.49 | 13.77 | 9.66 | 8.32 | 6.57 |
| Interest | 47.57 | 43.01 | 41.86 | 35.30 | 36.47 | 32.29 | 30.04 |
| Profit before tax | 101 | 98.01 | 58.69 | 49.89 | 55.33 | 30.98 | 23.87 |
| Tax | 25.31 | 25.04 | 14.76 | 12.20 | 15.00 | 8.19 | 3.48 |
| Net profit | 76.16 | 72.90 | 43.92 | 42.57 | 40.33 | 22.79 | 20.39 |
| Net profit margin | +1.8% | +2.4% | +1.6% | +1.8% | +2.2% | +1.7% | +1.7% |
| EPS (₹) | 3.77 | 3.59 | 2.93 | 2.95 | 32.86 | 20.35 | 18.66 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | - | 20.31 | 14.99 | 12.78 | 12.27 | 11.21 | 10.93 |
| Reserves & surplus | - | 1,237 | 513 | 318 | 246 | 190 | 163 |
| Shareholders' funds (net worth) | - | 1,257 | 576 | 418 | 259 | 205 | 174 |
| Minority interest | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | - | 190 | 398 | 266 | 363 | 293 | 278 |
| Unsecured loans | - | 1.84 | 4.15 | 7.73 | 30.29 | 23.50 | 34.18 |
| Total debt | - | 192 | 402 | 273 | 393 | 317 | 312 |
| Total liabilities | - | 1,454 | 983 | 695 | 654 | 524 | 487 |
| Assets | |||||||
| Gross block | - | 482 | 424 | 341 | 279 | 233 | 195 |
| Net block | - | 392 | 355 | 287 | 239 | 202 | 173 |
| Capital work in progress | - | 194 | 62.30 | 36.41 | 28.97 | 29.88 | 29.40 |
| Investments | - | 3.81 | 2.55 | 1.70 | 0.00 | 0.00 | 0.00 |
| Inventories | - | 384 | 347 | 307 | 259 | 188 | 179 |
| Sundry debtors | - | 303 | 280 | 186 | 167 | 121 | 137 |
| Cash & bank balances | - | 183 | 25.99 | 21.17 | 17.07 | 16.93 | 18.77 |
| Loans & advances | - | 174 | 62.73 | 37.88 | 46.48 | 31.48 | 23.91 |
| Total current assets | - | 1,044 | 716 | 551 | 490 | 357 | 359 |
| Total current liabilities | - | 272 | 170 | 198 | 96.93 | 60.21 | 68.38 |
| Net working capital | - | 772 | 546 | 353 | 393 | 297 | 290 |
| Total assets | - | 1,454 | 983 | 695 | 654 | 524 | 487 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | - | 2.33 | 1.89 | 0.90 | 0.63 | 0.73 | 0.84 |
| Net cash from operating activities | - | 69.83 | (95.19) | 134 | (17.32) | 64.12 | 24.95 |
| Net cash from investing activities | - | (390) | (153) | (98.18) | (46.45) | (39.63) | (38.86) |
| Net cash from financing activities | - | 354 | 249 | (34.58) | 64.03 | (24.58) | 13.79 |
| Net change in cash | - | 33.48 | 0.44 | 0.99 | 0.27 | (0.09) | (0.11) |
| Closing cash | - | 183 | 25.99 | 21.17 | 17.07 | 16.93 | 18.77 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +36.9% | +13.7% | +13.1% | +27.0% | +40.2% | +10.8% | - |
| EBITDA growth | +8.4% | +39.3% | +18.8% | -3.8% | +42.0% | +19.5% | - |
| PBT growth | +3.5% | +67.0% | +17.6% | -9.8% | +78.6% | +29.8% | -41.8% |
| Net income growth | +4.5% | +66.0% | +3.2% | +5.6% | +77.0% | +11.8% | - |
| Revenue CAGR (3Y) | +20.8% | +17.8% | +26.3% | +25.4% | +11.4% | +9.7% | +23.8% |
| EBITDA CAGR (3Y) | +21.5% | +16.8% | +17.5% | +17.8% | +10.4% | +5.6% | +14.1% |
| Profitability & leverage | |||||||
| Net income margin | +1.8% | +2.4% | +1.6% | +1.6% | +2.2% | +1.7% | +1.7% |
| Return on capital employed | - | +11.6% | +12.0% | +13.6% | +15.6% | +12.5% | +11.9% |
| Return on net worth | - | +8.0% | +8.8% | +12.6% | +17.4% | +12.0% | +12.7% |
| Debt / equity | - | 0.32 | 0.68 | 0.99 | 1.53 | 1.66 | 1.82 |
| Long-term debt / equity | - | 0.07 | 0.20 | 0.36 | 0.57 | 0.54 | 0.50 |
| Interest cover | 32.48 | 30.91 | 42.13 | 42.57 | 40.14 | 51.69 | 57.05 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 6.77 | 7.06 | 7.70 | 7.33 | 6.25 | 6.35 |
| Inventory turnover | - | 8.39 | 8.26 | 8.43 | 8.39 | 7.30 | 7.33 |
| Debtors turnover | - | 10.53 | 11.59 | 13.52 | 13.05 | 10.40 | 8.81 |
| EPS (₹) | 3.77 | 3.59 | 2.93 | 2.95 | 32.86 | 20.35 | 18.66 |
| Dividend per share (₹) | 0.00 | 0.03 | 0.03 | 0.03 | 0.50 | 0.00 | 0.25 |
| Book value per share (₹) | 0.00 | 61.91 | 35.20 | 25.90 | 210.67 | 179.12 | 158.89 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,112 | 1,189 | 902 | 721 | 631 | 572 | 634 | 621 |
| Revenue growth (YoY) | +76.2% | +108.0% | +42.2% | +16.1% | -12.8% | - | - | - |
| Other income | 0.53 | 0.38 | 0.25 | 0.32 | 0.88 | 0.04 | 0.14 | 0.93 |
| Total expenses | 1,074 | 1,148 | 868 | 684 | 597 | 541 | 599 | 586 |
| EBITDA | 38.76 | 41.05 | 33.70 | 37.04 | 34.64 | 30.43 | 34.60 | 35.42 |
| EBITDA margin | +3.5% | +3.5% | +3.7% | +5.1% | +5.5% | +5.3% | +5.5% | +5.7% |
| Depreciation | 6.52 | 6.82 | 5.75 | 5.74 | 5.32 | 3.85 | 5.17 | 4.50 |
| Interest | 12.51 | 13.23 | 9.78 | 9.55 | 6.34 | 4.62 | 6.87 | 11.21 |
| Profit before tax | 20.26 | 21.38 | 18.42 | 22.07 | 23.86 | 22.00 | 22.70 | 20.64 |
| Tax | 5.10 | 5.38 | 4.63 | 5.56 | 6.00 | 5.71 | 6.11 | 5.27 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 3,443 | 2,550 | 2,207 | 1,861 | 1,512 | 1,026 | 967 |
| Revenue growth | +35.0% | +15.5% | +18.6% | +23.1% | +47.3% | +6.2% | - |
| Other income | 1.84 | 1.64 | 1.12 | 1.98 | 0.94 | 0.80 | 1.25 |
| Total expenses | 3,296 | 2,414 | 2,119 | 1,788 | 1,438 | 975 | 923 |
| Employee cost | 0.00 | 24.68 | 23.66 | 19.12 | 16.27 | 13.35 | 13.08 |
| EBITDA | 146 | 136 | 88.21 | 72.37 | 74.11 | 51.18 | 44.38 |
| EBITDA margin | +4.3% | +5.3% | +4.0% | +3.9% | +4.9% | +5.0% | +4.6% |
| Depreciation | 23.63 | 17.97 | 12.87 | 11.28 | 7.20 | 6.55 | 5.04 |
| Interest | 38.90 | 33.78 | 31.63 | 25.32 | 26.91 | 25.26 | 24.23 |
| Profit before tax | 85.74 | 85.76 | 44.83 | 37.75 | 40.94 | 20.17 | 16.36 |
| Tax | 21.58 | 22.13 | 10.93 | 8.85 | 11.05 | 5.13 | 2.33 |
| Net profit | 64.16 | 63.62 | 33.89 | 33.73 | 29.89 | 15.04 | 13.86 |
| Net profit margin | +1.9% | +2.5% | +1.5% | +1.8% | +2.0% | +1.5% | +1.4% |
| EPS (₹) | 3.18 | 3.13 | 2.26 | 2.26 | 24.34 | 13.42 | 12.85 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | - | 20.31 | 14.99 | 12.78 | 12.27 | 11.21 | 10.93 |
| Reserves & surplus | - | 1,167 | 452 | 268 | 204 | 158 | 139 |
| Shareholders' funds (net worth) | - | 1,187 | 516 | 367 | 217 | 174 | 150 |
| Secured loans | - | 127 | 269 | 169 | 255 | 207 | 167 |
| Unsecured loans | - | 0.00 | 24.36 | 10.80 | 4.09 | 5.24 | 72.63 |
| Total debt | - | 127 | 294 | 180 | 259 | 212 | 239 |
| Total liabilities | - | 1,319 | 813 | 551 | 477 | 387 | 391 |
| Assets | |||||||
| Gross block | - | 385 | 346 | 268 | 212 | 170 | 152 |
| Net block | - | 312 | 290 | 226 | 180 | 145 | 134 |
| Capital work in progress | - | 152 | 57.27 | 33.93 | 28.08 | 29.44 | 21.47 |
| Investments | - | 6.36 | 5.19 | 5.19 | 3.49 | 3.49 | 3.48 |
| Inventories | - | 310 | 267 | 249 | 181 | 138 | 140 |
| Sundry debtors | - | 234 | 237 | 148 | 125 | 84.81 | 113 |
| Cash & bank balances | - | 179 | 25.32 | 20.72 | 16.61 | 16.82 | 17.87 |
| Loans & advances | - | 110 | 32.50 | 33.07 | 30.35 | 20.31 | 23.10 |
| Total current assets | - | 833 | 562 | 450 | 353 | 260 | 294 |
| Total current liabilities | - | 247 | 128 | 172 | 88.79 | 53.38 | 60.42 |
| Net working capital | - | 586 | 434 | 279 | 264 | 206 | 233 |
| Total assets | - | 1,319 | 813 | 551 | 477 | 387 | 391 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | - | 1.66 | 1.44 | 0.65 | 0.52 | 0.65 | 0.71 |
| Net cash from operating activities | - | 120 | (70.53) | 56.15 | 6.88 | 75.62 | 3.19 |
| Net cash from investing activities | - | (496) | (125) | (78.91) | (41.35) | (26.88) | (31.26) |
| Net cash from financing activities | - | 407 | 196 | 23.55 | 34.60 | (48.87) | 28.01 |
| Net change in cash | - | 30.54 | 0.22 | 0.79 | 0.12 | (0.12) | (0.06) |
| Closing cash | - | 179 | 25.32 | 20.72 | 16.61 | 16.82 | 17.87 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +35.0% | +15.5% | +18.6% | +23.1% | +47.3% | +6.2% | - |
| EBITDA growth | +7.8% | +54.0% | +21.9% | -2.4% | +44.8% | +15.3% | - |
| PBT growth | -0.0% | +91.3% | +18.8% | -7.8% | +103.0% | +23.3% | -42.7% |
| Net income growth | +0.9% | +87.7% | +0.5% | +12.9% | +98.7% | +8.5% | - |
| Revenue CAGR (3Y) | +22.8% | +19.0% | +29.1% | +24.4% | +10.6% | +7.7% | +17.8% |
| EBITDA CAGR (3Y) | +26.5% | +22.4% | +19.9% | +17.7% | +10.9% | +3.8% | +6.7% |
| Profitability & leverage | |||||||
| Net income margin | +1.9% | +2.5% | +1.5% | +1.6% | +2.0% | +1.5% | +1.5% |
| Return on capital employed | - | +11.2% | +11.2% | +13.5% | +15.7% | +11.7% | +11.4% |
| Return on net worth | - | +7.5% | +7.7% | +11.6% | +15.3% | +9.3% | +10.1% |
| Debt / equity | - | 0.25 | 0.54 | 0.75 | 1.21 | 1.39 | 1.53 |
| Long-term debt / equity | - | 0.05 | 0.16 | 0.24 | 0.39 | 0.40 | 0.37 |
| Interest cover | 31.68 | 28.65 | 41.98 | 41.45 | 40.22 | 56.60 | 61.59 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 6.98 | 7.19 | 7.75 | 7.92 | 6.38 | 6.57 |
| Inventory turnover | - | 8.84 | 8.56 | 8.66 | 9.50 | 7.40 | 7.44 |
| Debtors turnover | - | 10.81 | 11.46 | 13.65 | 14.41 | 10.39 | 9.35 |
| EPS (₹) | 3.18 | 3.13 | 2.26 | 2.26 | 24.34 | 13.42 | 12.85 |
| Dividend per share (₹) | 0.00 | 0.03 | 0.03 | 0.03 | 0.50 | 0.00 | 0.25 |
| Book value per share (₹) | 0.00 | 58.45 | 31.14 | 21.94 | 176.48 | 151.01 | 137.16 |
To see the full year-wise statements and ratios of Hi-Tech Pipes Ltd, buy the company report.
Board of directors of Hi-Tech Pipes Ltd
Hi-Tech Pipes has 7 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamleshwar Prasad Also directs: Hitech Metalex Private Limited | Whole-Time Director | 12 Jan 2024 | 2 Years 9 Months | Current |
| Anish Bansal Also directs: Hi-Tech Agrovision Private Limited, Hi-Tech Global Steels Private Limited, Hi-Tech Green Tubes Private Limited and 5 more | Whole-Time Director | 19 Feb 2009 | 17 Years 8 Months | Current |
| Ajay Kumar Bansal Also directs: Hi-Tech Agrovision Private Limited, Hi-Tech Global Steels Private Limited, Hi-Tech Green Tubes Private Limited and 5 more | Managing Director | 02 Jan 1985 | 41 Years 9 Months | Current |
| Prashant Kumar Saxena | Director | 30 Jan 2018 | 8 Years 9 Months | Current |
| Vivek Goyal | Director | 30 Jan 2018 | 8 Years 9 Months | Current |
| Neerja Kumar Also directs: HTL Metal Private Limited, Hi-Tech Flow Solutions Limited | Director | 22 Jan 2020 | 6 Years 9 Months | Current |
Peer comparison
Hi-Tech Pipes Ltd is compared with the 8 companies closest to it by revenue in the Metals and Minerals industry (Pipes, Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hi-Tech Pipes Ltdthis company | ₹4,200.07 Cr (FY 2026) | ₹76.16 Cr | 1.8% | 36.9% | 180 | New Delhi, Delhi, India |
| Arjas Steel Private Limited | ₹2,894.37 Cr (FY 2025) | 10.0% | Andhra Pradesh, India | |||
| Prompt Enterprises Private Limited | ₹2,823.32 Cr (FY 2025) | 27.0% | Yamuna Vihar, Delhi, India | |||
| Mukand Sumi Special Steel Limited | ₹2,736.76 Cr (FY 2025) | -4.0% | Kalwa, Maharashtra, India | |||
| Apollo Tricoat Tubes Limited | ₹2,734.51 Cr (FY 2022) | 85.0% | Delhi, India | |||
| Jaideep Ispat and Alloys Private Limited | ₹2,699.75 Cr (FY 2025) | 0.0% | Indore, Madhya Pradesh, India | |||
| Orissa Steel & Power Private Limited | ₹2,691.1 Cr (FY 2025) | 15.0% | Kolkata, West Bengal, India | |||
| Ismt Limited | ₹2,598.18 Cr (FY 2023) | 19.0% | Pune, Maharashtra, India | |||
| SMC Power Generation Limited | ₹2,579.32 Cr (FY 2025) | 3.0% | Jharsuguda, Odisha, India |
To see the full peer comparison of Hi-Tech Pipes Ltd, buy the company report.
Auditor
Hi-Tech Pipes Ltd is audited by A.N. Garg & Company for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.N. Garg & Company | FY 2022 | 004616N |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 43.40%, foreign institutional investors hold 1.10%, domestic institutional investors hold 16.10% and retail and other public shareholders hold 39.40%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 43.40% | 43.80% | 43.60% | 43.60% |
| Public | 56.60% | 56.20% | 56.40% | 56.40% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jun 2026 | 101322202 | Axis Bank Limited | ₹2.7 Cr | Open | |
| 25 Jun 2024 | 100956395 | Others | ₹15 Cr | Open | |
| 06 Mar 2024 | 100910034 | Others | ₹38.5 Cr | Open | |
| 31 Jul 2023 | 100760948 | Axis Bank Limited | ₹1.84 Cr | Open | |
| 23 Aug 2022 | 100611325 | Others | ₹30 Cr | Open |
To see the full charge records of Hi-Tech Pipes Ltd, buy the company report.
Total charge records: 61 View all charges
Deals & funding
Hi-Tech Pipes Ltd has 47 deals on record (45 market trades, 1 qip, 1 ipo); the latest was in April 2026.
Deals on record (5 of 47)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2026 | Market trade | ₹9.1 Cr | Buyer: Prime India Polymix Private Limited Seller: Prime India Polymix Private Limited |
| Mar 2026 | Market trade | ₹10.27 Cr | Seller: Prime India Polymix Private Limited |
| Sep 2025 | Market trade | ₹68.96 Cr | Buyer: Graviton Research Capital LLP , Hrti Private Limited , Qe Securities LLP Seller: Graviton Research Capital LLP , Hrti Private Limited , Qe Securities LLP |
| Oct 2024 | QIP | ₹500.79 Cr | Investors: Others - QIP Investors, Bharat Value Fund, BOFA Securities Europe SA -ODI, an individual |
| Aug 2024 | Market trade | ₹12.67 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
To see the full deal history of Hi-Tech Pipes Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hi-Tech Pipes Ltd has 113 court cases on record: 81 filed by Hi-Tech Pipes, 32 filed against it. 24 cases are pending and 89 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 89 | 26 | 19 |
| High courts | 19 | 3 | 5 |
| Supreme Court | 4 | 3 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 113)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed by the company against M/S. P.D. Metal Craft Pvt Ltd and Ors. | Pending |
| District court, Central, Delhi | Cheque dishonour complaint | Filed by the company against Ms P D Metal Craft Pvt Ltd and Ors Through Its Directors | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Civil suit | Filed against the company by Jaypee Infratech Limited | Pending |
| District court, North West, Delhi | Execution petition | Filed by the company against Ms Pink City Expressway Pvt Ltd | Disposed |
| District court, North West, Delhi | Execution petition | Filed against the company by Indian Oil Corporation Limited | Disposed |
To see the full case history of Hi-Tech Pipes Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Hi-Tech Pipes Ltd was last rated by Brickwork on 13 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 13 Aug 2021 |
To see the full credit ratings and regulatory alerts of Hi-Tech Pipes Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hi-Tech Pipes Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Hi-Tech Pipes has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| HTL Ispat Private Limited | U27100DL2011PTC214434 | |
| Hitech Metalex Pvt. Ltd | U27310DL2019PTC356455 | |
| HTL Metal Private Limited | U27320DL2011PTC214435 |
To see the full group structure of Hi-Tech Pipes Ltd, buy the company report.
Employees & EPFO
Hi-Tech Pipes Ltd has a workforce of 180 employees on its EPFO records as of Aug 24, 2024, across 3 active EPFO establishments.
GST
Hi-Tech Pipes has 12 GST registrations: 7 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACH1224Q2ZJ | Delhi | Active | 01 Apr 2018 |
| 09AAACH1224Q1ZG | Uttar Pradesh | Active | 01 Jul 2017 |
| 24AAACH1224Q1ZO | Gujarat | Active | 01 Jul 2017 |
| 06AAACH1224Q2ZL | Haryana | Active | 01 May 2018 |
To see the full GST registrations and return filing status of Hi-Tech Pipes Ltd, buy the company report.
Recent activity
Hi-Tech Pipes Ltd has 31 board changes on record since 1985: 20 appointments and 11 cessations. The latest: Kamleshwar Prasad was appointed as Whole-Time Director on 12 Jan 2024.
159 earlier events are in the company report.
News
Frequently asked questions
Hi-Tech Pipes is an active public limited company based in New Delhi, Delhi, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 02 January 1985 (41+ years old) and is registered under CIN L27202DL1985PLC019750. Listed on BSE: 543411 and NSE: HITECH.
Hi-Tech Pipes reported revenue of ₹4,200.07 Cr for FY 2025-26 (up 36.9% YoY) based on consolidated financials.
Hi-Tech Pipes has 7 current directors:
- Ajay Kumar Bansal - Managing Director
- Kamleshwar Prasad - Whole-Time Director
- Anish Bansal - Whole-Time Director
- Prashant Kumar Saxena - Director
- Vivek Goyal - Director
- Neerja Kumar - Director
- Mukesh Garg - Director
The latest financial statements of Hi-Tech Pipes on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hi-Tech Pipes is 07AAACH1224Q2ZJ, registered in Delhi. The company has 12 GST registrations in all, of which 7 are active and 5 are cancelled or inactive. Other active GSTINs include 09AAACH1224Q1ZG (Uttar Pradesh), 24AAACH1224Q1ZO (Gujarat), 06AAACH1224Q2ZL (Haryana).
The CIN (Corporate Identification Number) of Hi-Tech Pipes is L27202DL1985PLC019750. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Hi-Tech Pipes is a listed company as per MCA records. Its shares are listed on both BSE (code: 543411) and NSE (symbol: HITECH).
Hi-Tech Pipes has 113 court cases on record: 81 filed by the company and 32 filed against it. 24 are pending. Most are in the district courts.
Hi-Tech Pipes was incorporated on 02 January 1985, making it 41+ years old. It is registered with the Registrar of Companies, Delhi.
Hi-Tech Pipes has 47 deals on record (45 market trades, 1 qip, 1 ipo); the latest was in April 2026.
The peers of Hi-Tech Pipes by revenue are Arjas Steel Private Limited, Prompt Enterprises Private Limited, Mukand Sumi Special Steel Limited, Apollo Tricoat Tubes Limited, Jaideep Ispat and Alloys Private Limited and 3 more, all in the Metals and Minerals industry (Pipes, Steel), with the same principal business activity (metal and metal products).

