Hi-Tech Pipes

  • Market Cap: Small Cap
  • Industry: Iron & Steel Products
  • ISIN: INE106T01025
  • NSEID: HITECH
  • BSEID: 543411
INR
81.22
8.08 (11.05%)
BSENSE

Feb 03

BSE+NSE Vol: 17.88 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Comparison
Company
Score
Quality
Valuation
Financial
Technical
Aeroflex
Venus Pipes
Mahamaya Steel
Bharat Wire
Man Industries
Rhetan TMT Ltd
Hi-Tech Pipes
Hariom Pipe
Manaksia Coated
Rama Steel Tubes
MSP Steel & Pow.
Why is Hi-Tech Pipes Ltd ?
1
Flat results in Sep 25
  • INTEREST(Latest six months) At Rs 19.59 cr has Grown at 27.46%
  • ROCE(HY) Lowest at 8.89%
2
Falling Participation by Institutional Investors
  • Institutional investors have decreased their stake by -0.88% over the previous quarter and collectively hold 16.9% of the company
  • These investors have better capability and resources to analyse fundamentals of companies than most retail investors
3
Underperformed the market in the last 1 year
  • Even though the market (BSE500) has generated returns of 2.36% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -39.82% returns
stock-recommendationReal-Time Research Report
Verdict Report
How much should you sell?
  1. All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Iron & Steel Products)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Hi-Tech Pipes for you?

High Risk, Low Return

Absolute
Risk Adjusted
Volatility
Hi-Tech Pipes
-36.84%
-1.00
40.00%
Sensex
8.49%
0.44
11.83%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors
Factor
Value
Sales Growth (5y)
22.41%
EBIT Growth (5y)
22.16%
EBIT to Interest (avg)
2.76
Debt to EBITDA (avg)
2.80
Net Debt to Equity (avg)
0.09
Sales to Capital Employed (avg)
2.92
Tax Ratio
25.55%
Dividend Payout Ratio
0.70%
Pledged Shares
3.44%
Institutional Holding
17.27%
ROCE (avg)
12.91%
ROE (avg)
10.52%
stock-recommendationValuation
Valuation Scorecard stock-summary
stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary
Factor
Value
P/E Ratio
19
Industry P/E
28
Price to Book Value
1.16
EV to EBIT
11.80
EV to EBITDA
10.08
EV to Capital Employed
1.14
EV to Sales
0.51
PEG Ratio
1.99
Dividend Yield
0.03%
ROCE (Latest)
9.70%
ROE (Latest)
6.00%
Loading Valuation Snapshot...
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend
Financial Trend Scorecard stock-summary
stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

5What is working for the Company
PAT(9M)

At Rs 58.81 cr has Grown at 24.36%

NET SALES(Q)

Highest at Rs 858.77 cr

PBDIT(Q)

Highest at Rs 44.33 cr.

-6What is not working for the Company
INTEREST(Latest six months)

At Rs 19.59 cr has Grown at 27.46%

ROCE(HY)

Lowest at 8.89%

Loading Valuation Snapshot...
Here's what is working for Hi-Tech Pipes
Profit After Tax (PAT) - Nine Monthly
At Rs 58.81 cr has Grown at 24.36%
Year on Year (YoY)
MOJO Watch
Near term PAT trend is positive

PAT (Rs Cr)

Net Sales - Quarterly
Highest at Rs 858.77 cr
in the last five quarters
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Net Sales - Quarterly
At Rs 858.77 cr has Grown at 21.66%
Year on Year (YoY)
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Operating Profit (PBDIT) - Quarterly
Highest at Rs 44.33 cr.
in the last five quarters
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (Rs Cr)

Here's what is not working for Hi-Tech Pipes
Interest - Quarterly
At Rs 11.77 cr has Grown at 50.51%
Quarter on Quarter (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)

Non Operating Income - Quarterly
Highest at Rs 1.15 cr
in the last five quarters
MOJO Watch
Increased income from non business activities may not be sustainable

Non Operating Income