Hi-Tech Pipes Share Price

Iron & Steel Products company Hi-Tech Pipes announced Q4FY26 & FY26 results Consolidated Financial Highlights: Revenue from Operations: For Q4FY26, the revenue stood at Rs 1,48,035.89 lakh, representing a growth of 38.40% QoQ compared to Rs 1,06,958.82 lakh in Q3FY26, and an increase of 101.75% YoY against Rs 73,374.40 lakh in Q4FY25. For FY26, the consolidated revenue reached Rs 4,20,007.42 lakh, up 36.91% from Rs 3,06,763.62 lakh in FY25. Total Income: The total income for Q4FY26 was Rs 1,48,061.34 lakh, showing a 38.39% QoQ increase from Rs 1,06,984.17 lakh and a 101.78% YoY increase from Rs 73,375.49 lakh. The annual total income for FY26 was Rs 4,20,266.00 lakh, compared to Rs 3,06,952.49 lakh in FY25, reflecting a growth of 36.92%. Net Profit: The company reported a net profit for Q4FY26 at Rs 1,759.87 lakh, which is a marginal increase of 1.22% QoQ from Rs 1,738.70 lakh, but a slight decline of 0.20% YoY compared to Rs 1,763.37 lakh in Q4FY25. For FY26, net profit stood at Rs 7,616.05 lakh, a growth of 4.40% over Rs 7,294.91 lakh in FY25. Earnings Per Share (EPS): The basic EPS for Q4FY26 was Rs 0.89, compared to Rs 0.84 in Q3FY26 and Rs 0.95 in Q4FY25. The annual basic EPS for FY26 stood at Rs 3.77 compared to Rs 3.98 in FY25. Standalone Financial Highlights: Revenue from Operations: For Q4FY26, the standalone revenue was Rs 1,18,871.08 lakh, reflecting a 31.83% QoQ growth from Rs 90,171.25 lakh and a 107.98% YoY increase from Rs 57,153.31 lakh. For FY26, standalone revenue stood at Rs 3,44,280.84 lakh, up 35.00% from Rs 2,55,019.28 lakh in FY25. Total Income: Standalone total income for Q4FY26 was Rs 1,18,909.24 lakh, up 31.83% QoQ from Rs 90,196.29 lakh and up 108.04% YoY from Rs 57,157.15 lakh. The annual standalone total income for FY26 reached Rs 3,44,464.34 lakh, a 34.99% increase over Rs 2,55,182.80 lakh in FY25. Net Profit: The standalone net profit for Q4FY26 was Rs 1,600.21 lakh, an increase of 16.09% QoQ from Rs 1,378.34 lakh, but a 1.84% YoY decrease from Rs 1,630.21 lakh in Q4FY25. For FY26, the net profit was Rs 6,416.21 lakh, representing a marginal growth of 0.84% compared to Rs 6,362.77 lakh in FY25. Business Highlights: Segment-wise Performance: "In accordance with the provisions of Ind AS 108 — Operating Segment, the company has only one operating segment i.e. Manufacturing of Steel Pipes & CR products and which is considered to be the only reportable segment by the management." Preferential Issue of Warrants: The Board approved the issuance of 90,00,000 (Ninety lakh only) Fully Convertible Equity Warrants to persons belonging to the Promoter Group at a price of Rs 100/- per warrant. These warrants are exercisable within a period of 18 months from the date of allotment. Acquisition of Subsidiary: "Hi-Tech Pipes Limited acquired 100% shareholding of Sain Software Systems Private Limited on March 31, 2026." The financial results of this subsidiary have been incorporated in the consolidated financial statements for FY26. Appointment of Auditors: The Board approved the appointment of M/s S. Shekhar & Co. as Cost Auditors and M/s BAS & Co. LLP as Internal Auditors for FY27. Impact of New Labour Codes: "The new Labour Codes notified by the Government of India became applicable from November 21, 2025. The Company has complied with the relevant provisions, and the implementation has no material impact on its financial liabilities." Ajay Kumar Bansal, Chairman and Managing Director, Hi-Tech Pipes, said: The Company have delivered a resilient performance in FY26. The sales volumes increased to 5.32 lakh tonnes, while revenue grew strongly by 37% to Rs 4,200 crore. EBITDA improved by 8% to Rs 174 crore, supported by operational efficiencies, improved product mix, and higher contribution from value-added products, which now account for 39% of the overall business mix. The Company also maintained stable profitability with Total Comprehensive Income rising to Rs 77 crore and continued to maintain a healthy balance sheet. The Company has already initiated its next phase of growth with a vision to achieve 2 million tonnes capacity by FY29 through the addition of 1 million tonnes incremental capacity. Key strategic projects including the DFT facility at Sanand, API pipes facility, and the fully integrated Hindupur plant are progressing as planned and are expected to strengthen the Company's presence in high-value and specialized product segments. Going forward, the Company remains optimistic on the long-term outlook for the steel tubes and pipes industry, driven by strong demand from infrastructure, renewable energy, construction, water transportation, and industrial sectors, while continuing to focus on operational efficiency, sustainability, and value-added product growth. Result PDF

• Trendlyne
• 4 weeks ago

Iron & Steel Products company Hi-Tech Pipes announced Q3FY26 results Total sales volumes increased by 10% to 1.36 lakh tonnes in Q3FY26 as compared to 1.24 lakh tonnes in Q3FY25. Revenue from operations increased by 41% to Rs 1,069.59 crore in Q3FY26 as compared to Rs 761.02 crore in Q3FY25. EBITDA increased by 4% to Rs 41.88 crore in Q3FY26 as compared to Rs 40.23 crore in Q3FY25. EBITDA/ton at Rs 3,078/MT in Q3FY26 vs. Rs 3238/MT in Q3FY25 Decreased by 5% YoY. PAT Decreased by 9.20% to Rs 19.15 crore as compared to Rs 17.39 crore in Q3FY26. Ajay Kumar Bansal, Chairman & Managing Director, Hi-Tech Pipes, said: During the quarter, the Company delivered its highest-ever quarterly performance, with revenues growing 41% year-on-year to Rs 1,070 crore and volumes reaching a record 135,067 tonnes. While EBITDA improved modestly, profitability was impacted by softer HRC prices, leading to a temporary decline in PAT. Despite we remain focused on strengthening operating leverage and improving margins. I am pleased to note the commencement of commercial production at our Sanand Unit-2 Phase I| and the Jammu (Kathua) facility, with Sikandrabad expected to follow shortly, significantly enhancing our scale and product mix. With installed capacity nearing 1 million tonnes and demand supported by infrastructure, renewable energy projects, and export opportunities, the Company is well positioned for sustained long-term growth. Result PDF

• Trendlyne
• 4 months 2 weeks ago

Iron & Steel Products company Hi-Tech Pipes announced Q2FY26 results. Total sales volumes increased by 1.78% to 1.25 lakh tonnes in Q2FY26 as compared to 1.23 lakh tonnes in Q2FY25. Revenue from operations increased by 21.66% to Rs 858.77 Crore in Q2FY26 as compared to Rs 705.89 Crore in Q2FY25. EBITDA increased by 5.08% to Rs 44.33 Crore in Q2FY26 as compared to Rs 42.18 Crore in Q2FY25. EBITDA/ton at Rs 3540 in Q2FY26 vs. Rs 3429 in Q2FY25 increased by 3.24% YoY. Ajay Kumar Bansal, Chairman & Managing Director, Hi-Tech Pipes, said: "We are pleased to report another quarter of healthy growth in both revenue and profitability, underscoring our focus on higher-value products, process optimization, and a resilient operating model. During the quarter, our revenue from operations grew by 21.66% to Rs 858.77 crore, while profit after tax increased by 11.86% to Rs 20.26 crore, supported by operational efficiencies and an improved product mix. Our capacity expansion initiatives are progressing as planned. The Sikandrabad and Sanand facilities have entered the advanced phase of operational readiness, and we expect these units to meaningfully contribute to our production volumes and growth momentum in the near term. As part of our long-term strategic roadmap, we are also foraying into API-grade pipe manufacturing, which will enhance our presence in high-specification and value-added segments such as oil & gas, water transmission, and industrial infrastructure. This initiative aligns with our broader vision to achieve 2 million tonnes of installed capacity, driving sustainable and value-accretive growth for all our stakeholders." Result PDF

• Trendlyne
• 7 months 2 weeks ago