Hi-Tech Pipes Ltd

About [ edit ]

Hi-Tech Pipes business of manufacturing of ERW Steel Round & Section Pipes, cold Rolled Strips & Engineering Products and distribution of the same across india.

Key Points [ edit ]
  • Market Cap 408 Cr.
  • Current Price 368
  • High / Low 411 / 68.7
  • Stock P/E 19.9
  • Book Value 163
  • Dividend Yield 0.07 %
  • ROCE 12.0 %
  • ROE 13.0 %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.

Peer comparison

Sector: Steel Industry: Steel - Medium / Small

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
282.30 321.50 339.40 319.12 380.40 323.49 275.35 311.00 299.78 151.88 381.55 415.70
267.33 304.06 320.60 301.05 359.95 304.95 264.28 295.82 285.30 142.75 362.41 392.48
Operating Profit 14.97 17.44 18.80 18.07 20.45 18.54 11.07 15.18 14.48 9.13 19.14 23.22
OPM % 5.30% 5.42% 5.54% 5.66% 5.38% 5.73% 4.02% 4.88% 4.83% 6.01% 5.02% 5.59%
Other Income 0.38 0.18 0.15 0.05 1.00 0.11 0.21 0.00 0.93 0.02 0.05 0.30
Interest 7.04 6.76 7.70 7.91 7.47 6.52 7.50 7.42 8.60 6.53 8.15 8.79
Depreciation 1.05 1.41 1.30 1.31 1.29 1.51 1.51 1.51 2.04 1.96 1.96 2.07
Profit before tax 7.26 9.45 9.95 8.90 12.69 10.62 2.27 6.25 4.77 0.66 9.08 12.66
Tax % 30.03% 31.01% 33.47% 32.02% 35.70% 33.80% -97.36% 24.80% 11.74% 21.21% 28.41% 26.86%
Net Profit 5.08 6.52 6.62 6.05 8.16 7.03 4.48 4.69 4.20 0.52 6.50 9.26
EPS in Rs 4.93 6.09 6.19 5.65 7.63 6.57 4.10 4.29 3.84 0.48 5.95 8.48

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
504 637 1,016 1,360 1,210 1,249
472 598 956 1,286 1,150 1,183
Operating Profit 32 40 60 75 59 66
OPM % 6% 6% 6% 6% 5% 5%
Other Income 1 2 1 1 1 1
Interest 17 20 27 30 30 32
Depreciation 6 7 4 5 7 8
Profit before tax 10 15 30 41 24 27
Tax % 35% 30% 30% 33% 15%
Net Profit 6 10 21 27 20 20
EPS in Rs 6.31 10.08 20.40 25.56 18.66 18.75
Dividend Payout % 8% 2% 1% 1% 1%
Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:24%
TTM:-3%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:27%
TTM:-16%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:-5%
1 Year:383%
Return on Equity
10 Years:%
5 Years:%
3 Years:19%
Last Year:13%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
10 10 10 11 11 11
Reserves 56 67 95 130 163 170
Borrowings 142 180 255 272 312 307
71 103 88 92 82 91
Total Liabilities 279 360 449 505 568 579
55 81 124 169 173 175
CWIP 7 8 17 4 29 47
Investments 0 0 0 0 0 0
218 271 307 332 365 357
Total Assets 279 360 449 505 568 579

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
1 24 -6 49 25
-19 -39 -53 -40 -39
23 14 59 -9 14
Net Cash Flow 5 -1 -0 -0 -0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % 15% 19% 18% 12%
Debtor Days 49 55 37 37 41
Inventory Turnover 5.08 6.66 8.21 6.74

Shareholding Pattern

Numbers in percentages

Shareholding pattern is currently not available for this company.

Documents