Sector: Metals & Mining
|Small Cap
Hi-Tech Pipes Ltd.
₹89.20
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Trade with MTF₹86.55
₹90.29
₹70.14
₹127.50
Markets Today
Historical Performance
Indicator | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|
| Total Revenue | 901.71 | 721.21 | 631.18 | 571.53 | 633.93 |
| Operating Expense | 868.01 | 684.17 | 596.54 | 541.10 | 599.33 |
| Operating Profit | 33.70 | 37.04 | 34.63 | 30.44 | 34.60 |
| Depreciation | 5.75 | 5.74 | 5.32 | 3.85 | 5.17 |
| Interest | 9.78 | 9.55 | 6.34 | 4.62 | 6.87 |
| Tax | 4.64 | 5.56 | 6 | 5.70 | 6.11 |
| Net Profit | 13.78 | 16.52 | 17.85 | 16.30 | 16.60 |
₹89.20
↗ Bullish Moving Average
3
↘ Bearish Moving Average
13
About Hi-Tech Pipes Limited Company Share Price
Hi-Tech Pipes Limited, with its corporate operations in New Delhi, functions as a steel pipe and tube manufacturing company in India . The company produces products including ERW steel pipes, galvanized pipes, GP pipes, color-coated coils, roofing sheets, and metal beam crash barriers. Hi-Tech Pipes has a substantial reach with manufacturing plants spread across multiple states in India, including Telangana, Uttarakhand, Tamil Nadu, Gujarat, Punjab, and West Bengal . The company also has a presence in international markets through its exports to more than twenty countries worldwide.
Hi-Tech Pipes share price on NSE and BSE signifies how market participants react to the company’s operational performance and the overall developments in the steel sector. The company’s financial health depends on factors like manufacturing capacity utilization, raw material steel prices, demand from infrastructure and automobile sectors, and the company’s ability to manage operational costs. Hi-Tech Pipes stock price gets influenced by various factors such as earnings reports, changes in government infrastructure spending, and trends in domestic and international demand for steel pipes. In the longer run, strategies such as capacity expansion, new product development, and geographical reach affect the stock market sentiments. All these factors need monitoring to have an idea about the company’s stock price movements.
Hi-Tech Pipes live share price provides real-time information about the last price traded, bid and ask prices, and volume traded. These indicators represent market activity and liquidity, reflecting investor response to corporate announcements, economic conditions, and sector news. Constant monitoring of the Hi-Tech Pipes stock price movements helps in observing short term price volatility and shows how a stock moves relative to the broader metal index. Furthermore, monitoring Hi-Tech Pipes live price helps investors understand real-time market sentiment, price fluctuations, and trading behaviour. It allows them to evaluate short-term performance and respond to news, quarterly results, or sector trends that may influence the company’s valuation.
Hi-Tech Pipes Limited was incorporated in 1985 and is engaged in the manufacturing of electric resistance welded (ERW) steel pipes and related steel tubular products. The company has evolved from a conventional steel pipe manufacturer into a diversified steel products supplier catering to infrastructure, construction, automotive, agriculture, and industrial sectors. Its registered and corporate office is located in New Delhi, while its manufacturing operations are spread across multiple locations in India. Over time, the company has expanded its product portfolio to include structural steel sections, galvanized products, and value-added coated steel solutions. It is listed on Indian stock exchanges and continues to expand capacity through brownfield and greenfield projects to support demand from infrastructure-led sectors such as water supply, construction, and renewable energy.
India’s electric resistance welded (ERW) steel pipes and tubes industry is primarily driven by demand from infrastructure development, construction activity, irrigation projects, urban housing, and industrial expansion. Government-led investments in water supply systems, including large-scale schemes such as rural and urban water distribution projects, have been a key demand driver for steel pipes used in transmission and distribution networks. Growth in transportation infrastructure, including highways, railways, and industrial corridors, has further supported consumption of structural and ERW pipes. In addition, increasing adoption of steel tubular products in renewable energy applications such as solar mounting structures has added a new demand segment for value-added pipes and tubes. The industry also benefits from replacement demand in ageing water and industrial pipeline systems. Within this operating environment, Hi-Tech Pipes Limited functions as part of the organized ERW steel pipe manufacturing segment, with demand trends closely linked to overall infrastructure and construction cycles in the domestic market.
Hi-Tech Pipes share price on NSE reflects its status as a steel pipe manufacturer with a strong focus on infrastructure and automotive applications in India. Performance gets driven by factors like manufacturing capacity utilization, raw material steel price stability, demand from infrastructure projects, and the company’s ability to manage operational costs effectively. Investors compare Hi-Tech Pipes share price today with other steel tube and pipe manufacturers to gauge relative performance within the sector.
These underlying factors often appear through real market movements across different periods. Broader sector strength has played a role in supporting Hi-Tech Pipes share price. In addition to operational and sector-led factors, corporate actions such as stock splits can also have a significant impact on Hi-Tech Pipes share price movements in the short term. The company completed a ten for one stock split in March 2023, which increased the number of outstanding shares and made the shares more affordable . This shows how corporate actions can trigger short-term swings, even within a competitive steel framework influenced by raw material prices and infrastructure demand cycles.
While short-term movements reflect events and announcements, longer-term valuation trends become visible through Hi-Tech Pipes share price 52-week high and low, providing context beyond daily or weekly changes . Highs indicate strong steel pipe demand and stable margins, while lows align with market corrections or sector volatility . These levels capture the impacts of government policies, infrastructure spending, and earnings visibility, providing context for the stock’s historical performance.
Hi-Tech Pipes stock performance reflects the trading behaviour of a small-cap steel company operating within India’s industrial landscape. The company’s diversified product portfolio across steel pipes, tubes, and galvanized roofing sheets has shaped its Hi-Tech Pipes share price history. Over time, the stock has shown long-term wealth creation, marked by periods of gains and phases of consolidation. The company was incorporated in 1985 and has grown from a single manufacturing facility to multiple plants across India .
Hi-Tech Pipes stock performance over time has closely followed India’s industrial growth and infrastructure demand cycles. For instance, the company’s involvement in marquee projects such as the Delhi Metro, the Delhi-Meerut RRTS, and various national expressways has been viewed favourably. Over longer investment horizons, the stock has delivered meaningful returns, with the Hi-Tech Pipes share price showing a significant compound annual growth rate over five years. The company reported total income of over thirty thousand crore rupees for the financial year 2025, reflecting its operational scale . However, the stock has seen underperformance in the last one year, with the share price declining by over thirteen percent .
Despite COVID-19 disruptions, Hi-Tech Pipes shares showed resilience. While the broader economy faced challenges with lockdowns and supply chain disruptions, the company’s focus on essential infrastructure products and its diversified customer base helped the stock recover. The company’s manufacturing facilities resumed operations gradually following government guidelines during lockdowns.
Hi-Tech Pipes share price has seen decreases due to several recurring reasons. A decline in demand from infrastructure or automotive sectors directly impacts steel pipe sales and leads to selling pressure. Changes in government policy, such as alterations in GST rates on steel or changes in import duties, can also cause the stock to fall. Furthermore, any increase in operational costs like raw material procurement costs for steel without a matching rise in product prices squeezes the company’s margins, making the stock less attractive. Periods of economic slowdown that reduce industrial activity raise concerns about order volumes, leading to a drop in Hi-Tech Pipes share price. The stock is also sensitive to competitive intensity in the steel pipe segment; if rival companies gain market share through aggressive pricing, it can lead to a decrease in Hi-Tech Pipes stock price as investors adjust expectations for future profitability . Broader market sell-offs in small-cap stocks also pull the price down, regardless of the company’s individual performance. The company’s net profit for the quarter ended December 2025 was reported at over one hundred seventy four crore rupees, representing a decrease from the previous quarter . A decrease in export demand or lower sales from the agriculture sector directly hurts the company’s revenue, resulting in a lower valuation for Hi-Tech Pipes share price.
Hi-Tech Pipes is a holding in steel and small-cap portfolios, offering exposure to steel pipes, tubes, galvanized roofing sheets, and crash barriers. Inclusion in metal and infrastructure indices underscores its importance in India’s steel pipe manufacturing space. The company’s diversified product portfolio, strong clientele including government infrastructure projects, and pan-India manufacturing presence make it a consideration for long-term allocations.
Hi-Tech Pipes equity is held by a broad mix of domestic and international institutional investors, reflecting its standing in India’s steel sector. Promoter holding remains stable at around forty three point six four percent . Prominent mutual fund holders include Bandhan Mutual Fund, HSBC Mutual Fund, and Motilal Oswal Asset Management Company, with mutual funds collectively holding approximately twelve point zero nine percent of the company . Other institutional investors include foreign institutional investors holding around one point four one percent and other domestic institutions holding nearly three point seven eight percent . This broad investor base with institutional participation underscores the company’s role as a holding in both domestic and global portfolios focused on steel manufacturing.
Beyond fundamentals and ownership, Hi-Tech Pipes share price is actively monitored by market participants. The stock is available for trading in the futures and options segment on the NSE, allowing investors to take positions based on their outlook for the steel sector. Market participants watch derivative indicators such as open interest and rollover patterns to gauge sentiment around quarterly results and policy announcements.
Technical indicators such as RSI, MACD, and MFI provide additional insight into short-term momentum shifts in the Hi-Tech Pipes stock price. While these indicators are primarily used for near-term trading decisions, they also help investors and portfolio managers understand broader market sentiment and anticipate potential volatility, especially around key events or announcements.
Hi-Tech Pipes stock price has exhibited certain volatility patterns. Hi-Tech Pipes beta has generally remained at levels reflecting its position as a small-cap steel stock with institutional participation and business fundamentals tied to the industrial cycle. The beta has been observed around zero point seven four, indicating lower sensitivity to broader market movements . Over shorter timeframes, the stock has shown relatively moderate volatility, with average weekly movements around certain percentages. During the three-month period, this sensitivity appears balanced, suggesting a stable trading pattern. Across longer durations, the beta trends in a manner indicating continued low correlation with overall market fluctuations. This behaviour is typical for companies in the steel sector with diversified end-user industries. Overall, these variations across different timeframes highlight that while Hi-Tech Pipes may experience short-term fluctuations, its longer-term volatility remains relatively low compared to the broader market.
Hi-Tech Pipes sector relevance stems from its scale in steel pipe manufacturing and its strong presence across infrastructure, automotive, and agriculture segments. Peer comparisons with companies like APL Apollo Tubes, Welspun Corp, Jindal Saw, Ratnamani Metals and Tubes, and Usha Martin focus on manufacturing capacity, product mix, distribution reach, and geographical presence rather than short-term stock moves . These benchmarks help investors assess operational scale, efficiency, and regulatory adherence. Institutional tracking of infrastructure spending, automotive production cycles, and government schemes like the Jal Jeevan Mission further highlights Hi-Tech Pipes positioning within India’s broader steel tube and pipe market.
Hi-Tech Pipes market cap history shows the company’s position within the steel sector. Earlier in its history, the market capitalization grew steadily as the company established itself as a manufacturer of steel pipes and tubes. The company’s focus on capacity expansion and its strategic presence across multiple states contributed to a re-evaluation by the market. This transition from a regional pipe manufacturer to a pan-India steel products company has been a key factor in how the company’s overall valuation has evolved over time. The company currently maintains a market capitalization in the small-cap range .
Hi-Tech Pipes earnings history demonstrates the impact of its strategic business decisions and external market conditions. In earlier periods, earnings reflected the cyclical nature of the steel business with exposure to economic downturns and raw material price swings. As the company expanded its product portfolio and increased its manufacturing capacity, earnings patterns showed improvement. The company reported a net profit of over seven hundred twenty nine crore rupees for the financial year 2025, representing a sixty six percent increase from the previous financial year . The company’s revenue from operations for the financial year 2025 was reported at over thirty thousand six hundred seventy seven crore rupees, with revenue showing a compound annual growth rate of approximately fourteen percent .
Hi-Tech Pipes EPS provides insight into its operational performance and income generation from steel pipe and tube sales. Over the years, earnings per share have shown variation in line with the company’s business cycle and industry conditions. The shift toward higher-value products and the expansion of the product portfolio have influenced the EPS trajectory. Quarterly performance reflects the ongoing earnings from both domestic and international operations, with the steel pipes segment contributing significantly to the overall per-share earnings picture. The company’s diluted earnings per share for the financial year 2025 was reported at three rupees ninety eight paise .
Hi-Tech Pipes P/E ratio reflects how investors perceive the company’s earnings relative to its business model. The company’s price-to-earnings ratio has been observed around twenty to twenty five times, indicating the valuation the market assigns to the company’s earnings . This ratio has moved in response to how investors view the company’s prospects in areas like capacity expansion and infrastructure project participation. The company’s P/E ratio has fluctuated based on earnings performance and market sentiment . These changes highlight how market sentiment has evolved alongside the company’s business transformation and expansion strategy.
Summary
Hi-Tech Pipes Limited manufactures steel pipes, tubes, galvanized roofing sheets, and crash barriers for infrastructure and industrial customers. Hi-Tech Pipes share price on the NSE and BSE reflects trading activity within the steel pipe manufacturing industry. The company has a notable presence in both domestic and international markets. Hi-Tech Pipes stock price is influenced by infrastructure spending, automotive demand, raw material costs, and broader economic factors. The company’s focus on capacity expansion and product diversification remains a key aspect of its business profile.
| Held By | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoter | 44 | 44 | 44 | 43.6 | 43.6 | 43.8 |
| FII | 9.8 | 9 | 1.7 | 2.4 | 1.4 | 0.8 |
| DII | 17.3 | 16.4 | 16.1 | 14.5 | 15.9 | 16.3 |
| Public | 28.8 | 30.5 | 38.1 | 39.3 | 38.9 | 39 |
| Period | Combined Delivery Volume | NSE+BSE Traded Volume Avg | Daily Avg Delivery Volume % |
|---|---|---|---|
| Day | 1.64 L | 3.54 L | 46.26% |
| Week | 2.24 L | 5.2 L | 43.01% |
| 1 Month | 3.99 L | 8.54 L | 46.72% |
| 6 Month | 4.77 L | 9.61 L | 49.65% |
Benjamin Graham Value Screen
Strong Performer, Under Radar Stocks (DVM)
Rising Net Cash Flow and Cash from Operating activity
Annual Profit Growth higher than Sector Profit Growth
PEG lower than Industry PEG
Relative Outperformance versus Industry over 1 Week
Companies with Low Debt
Increasing Revenue every quarter for the past 3 quarters
Annual Net Profits improving for last 2 years
Book Value per share Improving for last 2 years
Top Gainers
Volume Shockers
Ex-Date | Dividend Amount | Dividend Type | Record Date | Instrument Type |
|---|---|---|---|---|
| 19 Sep, 2025 | 0.02 | FINAL | 20 Sep, 2025 | Equity Share |
| 13 Sep, 2024 | 0.02 | FINAL | 14 Sep, 2024 | Equity Share |
| 22 Sep, 2023 | 0.02 | FINAL | 22 Sep, 2023 | Equity Share |
| 20 Sep, 2022 | 0.5 | FINAL | 21 Sep, 2022 | Equity Share |
| 17 Sep, 2020 | 0.25 | FINAL | 19 Sep, 2020 | Equity Share |
| 17 Sep, 2019 | 0.25 | FINAL | Equity Share | |
| 05 Jul, 2018 | 0.25 | FINAL | Equity Share | |
| 18 Sep, 2017 | 0.25 | FINAL | Equity Share | |
| 21 Sep, 2016 | 0.5 | FINAL | Equity Share |
Financials | ||||||
|---|---|---|---|---|---|---|
| Price (₹) | ₹47.95 | ₹503 | ₹140 | ₹29.35 | ₹1,421.90 | ₹404.30 |
| % Change | 0.38% | 0.40% | 0.00% | 0.93% | 1.51% | 17.41% |
| Revenue TTM (₹ Cr) | - | - | - | ₹24.44 | ₹1,122.79 | ₹1,559.39 |
| Net Profit TTM (₹ Cr) | - | - | - | ₹10.30 | ₹100.17 | ₹62.85 |
| PE TTM | - | 28.10 | 22.50 | 216.40 | 27.60 | 15.40 |
| 1 Year Return | -52 | 226.28 | 31.82 | 33.65 | -0.12 | -21.11 |
| ROCE | - | - | - | - | - | 18.88 |
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