Hi-Tech Pipes logo

Hi-Tech Pipes share price

NSE: HITECHBSE: 543411Industrial ProductsSmall Cap

Hi-Tech Pipes Limited · Face value ₹1 · Listed Feb 2016 on NSE, Dec 2021 on BSE · Issue price ₹380
Last close ₹64.39down ₹0.52 (0.80%)BSE ₹64.40

Share price at the NSE close on 28 Oct 2026. Previous close ₹64.91.

28 Oct: open ₹65.15, high ₹66.00, low ₹64.00

52-week range of traded prices to 28 Oct 2026
₹62.10Low, 26 Oct 2026₹115.85High, 30 Oct 2025
Market cap
₹1,308 Cr1,229th largest listed
P/E
17.37
P/B
0.98
Dividend yield
Nonein the last 12 months
ROE
5.8%
ROCE
9.6%
Debt to equity
0.20
Volume, NSE
7,63,04951.8% delivered

Hi-Tech Pipes share price chart

Daily closes since Feb 2016, adjusted for splits and bonuses

−43.1%over a year · Nifty 500 −8.8%

Results20-session average 9,08,940 shares a day, 47.7% delivered

Results

Standalone, as consolidated accounts are on record for only 8 of the last ten years; ₹ crore.Hi-Tech Pipes quarterly results

Revenue growth, 12 months
+61.1%
Net profit growth, 12 months
−0.7%

Quarter to Jun 2026, against the quarter before

Revenue
₹1,112 Crdown 6.43%
Net profit
₹15 Crdown 5.26%
Net margin
1.4%

Revenue by quarter

₹621 CrSep 24₹634 CrDec 24₹572 CrMar 25₹631 CrJun 25₹721 CrSep 25₹902 CrDec 25₹1,189 CrMar 26₹1,112 CrJun 26
Peak revenue ₹1,189 Cr, quarter to Mar 2026; lowest ₹572 Cr, quarter to Mar 2025

Net profit by quarter, a loss in red

₹15 CrSep 24₹17 CrDec 24₹16 CrMar 25₹18 CrJun 25₹17 CrSep 25₹14 CrDec 25₹16 CrMar 26₹15 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue6216345726317219021,1891,112
Net profit1517161817141615
Net margin2.5%2.6%2.9%2.8%2.3%1.5%1.3%1.4%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Manufacturing of ERW Steel Tubes and Pipes, which carries all its revenue.

Valuation

Today, against the company's own history.Hi-Tech Pipes PE ratio and valuation

Price to earnings

At or below today's level on 26% of 1,823 trading days since Jun 2019.

LowestHighest
Its median22.32Industry median17.54
Price to book

At or below today's level on 1% of 247 trading days over the last year.

LowestHighest
Its median1.32Industry median1.59
Dividend yield

At or below today's level on 15% of 1,878 trading days since Nov 2016.

LowestHighest
Its median0.03%Industry median0.48%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−30.8%+0.8%−31.4%0.0%
3 years−3.9%+11.8%−14.0%0.0%
5 years+12.3%+18.7%−5.4%0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2023.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Hi-Tech Pipes shareholding pattern

Shareholding by group

  • Promoters43.43%
  • Foreign institutions1.12%
  • Indian institutions12.84%
  • Individuals and others42.41%
  • Employee trusts0.20%
Holder
AJAY KUMAR BANSALPromoter10.57%
ANISH BANSALPromoter7.71%
VIPUL BANSALPromoter6.53%
AKS BUILDCON PRIVATE LIMITEDPromoter4.19%
HI-TECH AGROVISION PRIVATE LIMITEDPromoter4.02%
PARVEEN BANSALPromoter3.65%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Promoters have pledged 14.70% of their shares. Since Jun 2026: promoters unchanged, foreign institutions +0.07 pts, Indian institutions −3.33 pts, mutual funds −2.41 pts.

The filing reports 2,89,35,590 of its 20,31,07,734 shares locked in.

Mutual fund holdings

3 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before.

Held unchanged
3
Sold out
2
Fund
Bandhan Mutual Fund logoBandhan Small Cap FundBandhan Mutual Fund1,18,97,6230.24%₹86.4 Cr
Bandhan Mutual Fund logoBandhan Large & Mid Cap FundBandhan Mutual Fund71,47,6380.25%₹51.9 Cr
JM Financial Mutual Fund logoJM Small Cap FundJM Financial Mutual Fund5,51,4650.43%₹4.00 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 29 Oct 2025.Hi-Tech Pipes insider trading

Bought on the market Sold on the market
  • Others0 purchases, 1 saleNo purchase₹5.87 CrNet−₹5.87 Cr
  • Promoters and promoter group: no market trade · 5 pledge filings of unclear kind · 3 off-market moves
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Hi-Tech Pipes competitors and peers

Iron & Steel Products, 146 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Hi-Tech Pipes in market cap.Capital goods stocks

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
MSP Steel & Power logoMSP Steel & PowerMSPL1,69644.731.65+4.0%–3.8%9.7%0.00%
Aeroflex Enterprises logoAeroflex EnterprisesAEROENTER1,417–1.71+27.4%––8.6%0.32%
Manaksia Coated Metals & Industries logoManaksia Coated Metals & IndustriesMANAKCOAT1,41331.033.67+12.7%+19.8%12.6%14.1%0.04%
Rajputana Stainless logoRajputana StainlessRSL1,372–3.78––––0.30%
Steel Exchange India logoSteel Exchange IndiaSTEELXIND1,26739.851.65−12.7%−5.3%4.3%9.0%0.00%
Mangalam Worldwide logoMangalam WorldwideMWL1,14220.703.44+8.9%+48.2%18.1%16.1%0.08%
Rhetan TMT logoRhetan TMTRHETAN1,12688.6710.37+2.7%+158.9%12.5%3.2%0.00%
BMW Industries logoBMW IndustriesBMW1,10212.951.37+13.1%+25.2%11.1%9.9%0.88%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Hi-Tech Pipes dividend history

Dividend per share, ₹, restated for later splits and bonuses

0.0Mar 170.0Mar 180.0Mar 190.0Mar 20Mar 210.1Mar 220.0Mar 230.0Mar 240.0Mar 25Mar 26
Highest ₹0.05 a share, year to Mar 2022.
Ex-dateTypePer share
19 Sep 2025Final₹0.03
13 Sep 2024Final₹0.03
22 Sep 2023Final₹0.03
20 Sep 2022Final₹0.50
17 Sep 2020Final₹0.25
17 Sep 2019Final₹0.25
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Hi-Tech Pipes announcements

Hi-Tech Pipes share price by year

Each calendar year to 2025.Hi-Tech Pipes share price history

YearClose at year endChangeHighest closeLowest close
202592.07−42.3%158.5686.07
2024159.65+38.8%205.61110.15
2023115.00+40.2%115.6571.25
202282.02+52.7%87.6739.86
202153.73+164.1%72.4119.91
202020.35+36.0%21.036.73
201914.97−31.6%32.1812.99
201821.88−33.7%43.3917.32
201733.00+182.3%36.4011.80
201611.69–16.415.40
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2016 is from its first session, 25 Feb 2016.

Recent sessions

The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
27 Oct 202662.7265.2262.7264.9164.493,19,32457.4%
26 Oct 202663.1964.2462.1062.9063.046,23,89239.8%
23 Oct 202666.1566.3662.6663.6863.788,73,44851.8%
22 Oct 202668.6568.6665.9066.1466.837,19,99453.8%
21 Oct 202671.4871.4868.0068.5669.176,72,46154.0%
19 Oct 202670.7972.1170.5071.1071.205,23,10255.9%
16 Oct 202670.5071.2370.1770.7070.655,19,14052.0%
15 Oct 202670.8072.3070.1070.5871.1111,07,72252.6%
14 Oct 202671.5673.0069.9270.9471.1313,01,22251.2%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
17 Mar 2023Split0.1000Each share became 10.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Chairperson and managing director
Ajay Kumar Bansal
At the end of the quarter to Sep 2026
NSE symbol
HITECH
BSE code
543411
ISIN
INE106T01025
Industry
Industrial Products
CIN
L27202DL1985PLC019750
Corporate identity number, the registrar of companies' code for it
Incorporated
1985
Registered office
505, Pearls Omaxe Tower, Netaji Subhash Place, Pitampura, Delhi 110034, Delhi
Share registrar
Bigshare Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments