Indian Actor - Hrithik Roshan is The Brand Ambassador: Steel Pipes Stock in Focus as PAT Jumps 59 Per Cent in Q4FY25 & Surges 66 Per Cent in FY25
The stock is up by 16 per cent from its 52-week low of Rs 81.56 per share.
On Monday, shares of Hi-Tech Pipes Ltd plunged 2.65 per cent to Rs 94.71 per share from their previous closing of Rs 97.29 per share. The stock’s 52-week high is Rs 210.75 per share and its 52-week low is Rs 81.56 per share. The company has a market cap of over Rs 1,900 crore. The stock is up by 16 per cent from its 52-week low of Rs 81.56 per share.
Hi-Tech Pipes Limited, a leading Indian steel processing company, offers a wide array of innovative products, including steel pipes, hollow sections, and various galvanised products. Operating six integrated manufacturing facilities across India, the company boasts an installed capacity of 7,50,000 MTPA, aiming for 1 million tonnes by FY26. With a strong direct marketing presence in over 20 states and a network of over 500 dealers & distributors, Hi-Tech Pipes has established a significant footprint in the market.
The company delivered a strong financial performance in Q4 FY25, with revenue growing by 7.74 per cent to Rs 734 crore, up from Rs 681 crore in Q4 FY24. This growth was primarily fueled by robust demand within the infrastructure and construction sectors. Sales volume saw an 8 per cent increase, reaching 1,16,032 MT compared to 1,07,721 MT in the same period last year, further reflecting heightened demand. Profitability also significantly improved, rising by 59 per cent to Rs 17.63 crore from Rs 11.12 crore in Q4 FY24, underscoring a successful focus on cost optimisation and the strong performance of value-added products.
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For the full fiscal year FY25, the company's financial results were equally impressive. Annual revenue grew by 14 per cent to Rs 3068 crore, compared to Rs 2,699 crore in FY24, supported by record sales volumes. Sales volume surged by a remarkable 24 per cent to 4,85,447 MT from 3,91,147 MT in FY24, marking the highest-ever annual performance. Profitability for the year rose by 66 per cent to Rs 72.95 crore, up from Rs 43.93 crore in FY24, driven by operational excellence and improved margins. The company also strengthened its financial health, with Net Working Capital Days reduced to 52 days (from 63 days), ROCE improving to 14.35 per cent (versus 13.70 per cent), and a strengthened Debt-to-Equity Ratio of 0.15x (versus 0.70x). Additionally, the credit rating was upgraded to A+ for long-term borrowings, reflecting strong financial strength and governance.
Commenting on the performance, Mr. Ajay Kumar Bansal, Chairman and Managing Director, Hi-Tech Pipes Ltd: FY25 marks a defining year for Hi-Tech Pipes, with 14 per cent revenue growth and a 66 per cent surge in profitability, driven by operational excellence and strategic capacity expansion. Our disciplined financial management reduced debt-to-equity to 0.15x and strengthened ROCE to 14.35 per cent, reflecting robust capital efficiency. With the commissioning of our Sikandrabad greenfield plant and Sanand Phase II, positioned to meet the rising demand in infrastructure and renewables. We are proud to contribute to nation-building through projects like the Kavach Anti-Collision System and BSF's border fencing. With an upgraded A+ credit rating, we are poised to achieve our next target of 2 million MT capacity vision by Fy29.
Disclaimer: The article is for informational purposes only and not investment advice.