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Hi-Tech Pipes Reports 1.24 Lakh MT Sales in Q1 FY26, Up 6.89% QoQ

By Shishta Dutta | Updated at: Jan 12, 2026 02:51 PM IST

Hi-Tech Pipes Reports 1.24 Lakh MT Sales in Q1 FY26, Up 6.89% QoQ
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New Delhi, July 1, 2025 – Hi-Tech Pipes Limited (NSE: HITECH), a leading Indian manufacturer of ERW steel pipes, reported a robust sales performance for the first quarter of FY26, with total sales volume reaching 1,24,027 metric tonnes, marking a 6.89% quarter-on-quarter (QoQ) increase and a 1.53% year-on-year (YoY) growth.

Q1FY26 Sales Volume Performance

Quarter Sales Volume (MT) Growth (%)
Q1 FY26 1,24,027
Q4 FY25 1,16,032 +6.89% QoQ
Q1 FY25 1,22,155 +1.53% YoY

The strong sequential growth reflects sustained demand from key sectors including infrastructure and construction, underscoring the company’s growing market position.

Strategic Expansion in FY26

Hi-Tech Pipes is targeting a significant capacity expansion in FY26. The company currently operates six integrated manufacturing facilities located at Sikandrabad (UP), Sanand (Gujarat), Hindupur (AP), and Khopoli (Maharashtra) with an installed capacity of 7,50,000 MTPA. It aims to scale this to 1 million tonnes during FY26, strengthening its national supply capabilities.

With a pan-India network of over 500 dealers and distributors across 20+ states, the company continues to leverage its strong distribution backbone for deeper market penetration.

Hi-Tech Pipes Stock Performance

At the time of writing, at 12:59 PM IST, Hi-Tech Pipes shares are trading with a 0.50% dip, or at ₹101 as of July 1, 2025. Hi-Tech Pipes shares have declined 22% over the last year, 36% year-to-date, and gained 5% in the previous month.

About Hi-Tech Pipes Limited

Hi-Tech Pipes Limited, incorporated in 1985, is listed on NSE and BSE. It is one of India’s leading steel processing firms, offering a broad portfolio that includes ERW steel pipes, hollow sections, cold-rolled coils and strips, road crash barriers, solar mounting structures, GP/GC sheets, and colour-coated coils. The company has built a legacy of nearly four decades in delivering quality and innovation across industrial and infrastructure applications.

REF: https://nsearchives.nseindia.com/corporate/HITECH_01072025095248_Sales_Volume_Update_30062025.pdf

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