Hi-Tech Pipes

  • Market Cap: Small Cap
  • Industry: Iron & Steel Products
  • ISIN: INE106T01025
  • NSEID: HITECH
  • BSEID: 543411
INR
77.04
0.94 (1.24%)
BSENSE

Apr 02

BSE+NSE Vol: 6.14 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
Venus Pipes
Mahamaya Steel
Rhetan TMT Ltd
Ratnaveer Precis
Gandhi Spl. Tube
JTL Industries
Bharat Wire
Manaksia Coated
MSP Steel & Pow.
Hi-Tech Pipes
Steel Exchange
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
-26.28%
-1.00
40.00%
Sensex
-4.3%
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)
22.56%
EBIT Growth (5y)
19.02%
EBIT to Interest (avg)
2.75
Debt to EBITDA (avg)
2.80
Net Debt to Equity (avg)
0.09
Sales to Capital Employed (avg)
2.92
Tax Ratio
25.54%
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
21
Industry P/E
26
Price to Book Value
1.20
EV to EBIT
12.14
EV to EBITDA
10.36
EV to Capital Employed
1.19
EV to Sales
0.49
PEG Ratio
1.40
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
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
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
NET SALES(Q)

Highest at Rs 1,069.59 cr

-12What is not working for the Company
INTEREST(Latest six months)

At Rs 24.02 cr has Grown at 66.57%

ROCE(HY)

Lowest at 8.89%

OPERATING PROFIT TO INTEREST (Q)

Lowest at 3.42 times

PBT LESS OI(Q)

Lowest at Rs 22.96 cr.

PAT(Q)

At Rs 17.39 cr has Fallen at -9.2%

EPS(Q)

Lowest at Rs 0.86

Loading Valuation Snapshot...
Here's what is working for Hi-Tech Pipes
Net Sales - Quarterly
At Rs 1,069.59 cr has Grown at 40.55%
Year on Year (YoY)
MOJO Watch
Near term sales trend is very positive

Net Sales (Rs Cr)

Net Sales - Quarterly
Highest at Rs 1,069.59 cr
in the last five quarters
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Here's what is not working for Hi-Tech Pipes
Interest - Latest six months
At Rs 24.02 cr has Grown at 66.57%
over previous Half yearly period
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)

Operating Profit to Interest - Quarterly
Lowest at 3.42 times
in the last five quarters
MOJO Watch
The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs 22.96 cr.
in the last five quarters
MOJO Watch
Near term PBT trend is negative

PBT less Other Income (Rs Cr)

Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 22.96 cr has Fallen at -8.93%
Year on Year (YoY)
MOJO Watch
Near term PBT trend is negative

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly
At Rs 17.39 cr has Fallen at -9.2%
Year on Year (YoY)
MOJO Watch
Near term PAT trend is negative

PAT (Rs Cr)

Earnings per Share (EPS) - Quarterly
Lowest at Rs 0.86
in the last five quarters
MOJO Watch
Declining profitability; company has created lower earnings for shareholders

EPS (Rs)