Hi-Tech Pipes Limited (HITECH)
ISIN: - Industry: Steel Sector: Basic Materials Website
845.35
-12.8(-1.49%)

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.

Pricing Updates

TODAY'S HIGH

864.15

TODAY'S LOW

835

52 WEEK HIGH

889.95

52 WEEK LOW

393.2

Major Holders

% of Shares Held by
All Insider

64.31%

% of Shares Held by
Institutions

0.00%

% of Float Held by
Institutions

0.00%

Number of Institutions
Holding Shares

0

Company Overview

MARKET CAP

1037.33 Cr.

ETERPRISE VALUE

1403.23 Cr.

NO. OF SHARES

1.22 Cr.

BOOK VALUE

217.419

DIV. YIELD

0.5%

DEBT

360.07 Cr.

GROSS PROFIT

179.57 Cr.

CASH

18.63 Cr.

REVENUE

2149.49 Cr.

REVENUE/SHARE

1791.683

OHLC Chart 1y 2y 5y 10y

Price Chart

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Volumes Chart

1d 1w 1m 3m 6m 1Yr 2Yr 5Yr

Cashflows

ParticularsMar 2022Mar 2021Mar 2020Mar 2019
Investments58.43 Lakhs-47.88 Lakhs-12.92 Lakhs-2.80 Cr.
Change To Liabilities30.43 Cr.-6.84 Cr.-1.71 Cr.13.66 Cr.
Total cashflows from Investing Activities-46.08 Cr.-39.63 Cr.-38.85 Cr.-40.27 Cr.
Net Borrowings69.97 Cr.-3.37 Cr.38.73 Cr.16.57 Cr.
Total Cash from Financing Activities47.42 Cr.-24.57 Cr.13.79 Cr.-8.79 Cr.
Other Liabilities-10.09 Cr.-2.03 Cr.1.14 Cr.-2.82 Cr.
Total Assets13.09 Cr.9.06 Cr.6.75 Cr.6 Cr.
Net Income40.32 Cr.22.80 Cr.20.38 Cr.27.34 Cr.
Change in Cash26.93 Lakhs-9.08 Lakhs-11.42 Lakhs-6.75 Lakhs
Effect of Exchange Rate0000
Total Cash from Operating Activities-1.06 Cr.64.11 Cr.24.94 Cr.49 Cr.
Depreciation9.66 Cr.8.28 Cr.6.53 Cr.5.27 Cr.
Other Cashflows from Investing Activities1 k1.75 Cr.-2.58 Cr.-3.23 Cr.
Dividends Paid0-27.32 Lakhs-32.18 Lakhs-32.17 Lakhs
Change to Inventory-70.93 Cr.-9.69 Cr.-27.54 Cr.3.11 Cr.
Change to Account Receivables-46.80 Cr.16.67 Cr.12.21 Lakhs-33.46 Cr.
Other Cashflows from Financing Activities-35.65 Cr.-29.99 Cr.-31.36 Cr.-31.04 Cr.
Change to Net Income46.35 Cr.34.89 Cr.25.98 Cr.35.85 Cr.
Capital Expenditures-46.67 Cr.-40.90 Cr.-36.13 Cr.-33.04 Cr.

Financials

ParticularsMar 2022Mar 2021Mar 2020Mar 2019
Research DevelopmentNoneNoneNoneNone
Effect of Accounting ChargesNoneNoneNoneNone
Income Before Tax55.32 Cr.30.99 Cr.23.86 Cr.40.98 Cr.
Minority InterestNoneNoneNoneNone
Net Income90.85 Cr.62.48 Cr.52.65 Cr.69.45 Cr.
Selling General Administrative21.98 Cr.19.99 Cr.19.58 Cr.14.64 Cr.
Gross Profit179.57 Cr.130.43 Cr.114.16 Cr.124.03 Cr.
Ebit90.85 Cr.62.48 Cr.52.65 Cr.69.45 Cr.
Operating Income90.85 Cr.62.48 Cr.52.65 Cr.69.45 Cr.
Other Operating Expenses57.06 Cr.39.64 Cr.35.35 Cr.34.62 Cr.
Interest Expense-36.47 Cr.-28.25 Cr.-27.30 Cr.-27.46 Cr.
Extraordinary ItemsNoneNoneNoneNone
Non RecurringNoneNoneNoneNone
Other ItemsNoneNoneNoneNone
Income Tax Expense14.99 Cr.8.18 Cr.3.47 Cr.13.63 Cr.
Total Revenue1878.84 Cr.1340.63 Cr.1209.61 Cr.1360.42 Cr.
Total Operating Expenses1787.99 Cr.1278.15 Cr.1156.96 Cr.1290.96 Cr.
Cost of Revenue1699.27 Cr.1210.19 Cr.1095.44 Cr.1236.38 Cr.
Total Other Income Expense Net-35.53 Cr.-31.48 Cr.-28.78 Cr.-28.47 Cr.
Discontinued OperationsNoneNoneNoneNone
Net Income from Continuous Ops.40.32 Cr.22.80 Cr.20.38 Cr.27.34 Cr.
Net Income Applicable to Common Shares40.32 Cr.22.80 Cr.20.38 Cr.27.34 Cr.

Balance Sheet

ParticularsMar 2022Mar 2021Mar 2020Mar 2019
Intangible Assets2 Lakhs1.25 Lakhs4.75 Lakhs8.25 Lakhs
Capital Surplus046.20 Cr.41.88 Cr.32.49 Cr.
Total Liabilities510.70 Cr.394.09 Cr.394.15 Cr.358.36 Cr.
Stock Holder Equity258.61 Cr.205.19 Cr.173.60 Cr.146.78 Cr.
Minority Interest0000
Other Liabilities16.29 Cr.9.22 Cr.10.22 Cr.12.58 Cr.
Total Assets769.32 Cr.599.28 Cr.567.75 Cr.505.15 Cr.
Common Stock12.27 Cr.11.20 Cr.10.92 Cr.10.70 Cr.
Retained Earnings0139.56 Cr.117.03 Cr.97.58 Cr.
Other Liabilities20.35 Cr.16.88 Cr.13.68 Cr.13 Cr.
Good Will0000
Treasury Stock246.34 Cr.8.21 Cr.3.75 Cr.6 Cr.
Other Assets11 Cr.9.41 Cr.6.60 Cr.4.47 Cr.
Cash17.07 Cr.63.40 Lakhs72.50 Lakhs83.91 Lakhs
Current Liabilities343.46 Cr.261.02 Cr.291.50 Cr.273.66 Cr.
Long Term Asset Charges0000
Short Long Term Debt29.89 Cr.21.89 Cr.16.60 Cr.13.82 Cr.
Other Stockholder Equity246.34 Cr.8.21 Cr.3.75 Cr.6 Cr.
Property Plant Equipment267.92 Cr.232.37 Cr.202.36 Cr.172.80 Cr.
Total Cur. Assets490.37 Cr.357.48 Cr.358.73 Cr.327.79 Cr.
Long Term Investments3 k3 k3 k3 k
Net Tangible Assets258.59 Cr.205.18 Cr.173.55 Cr.146.69 Cr.
Short Term Investments0000
Net Receivables167.41 Cr.120.60 Cr.137.27 Cr.137.39 Cr.
Long Term Debt146.87 Cr.116.17 Cr.88.96 Cr.71.70 Cr.
Inventory259.40 Cr.188.47 Cr.178.77 Cr.151.22 Cr.
Accounts Payable79.66 Cr.49.22 Cr.56.05 Cr.59.12 Cr.

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