Financial Performance Summary

Hi-Tech Pipes Limited reported unaudited financial results (consolidated and standalone) for Q1 FY27 ended June 30, 2026.

Revenue Performance

  • Revenue: ₹1,413 crore in Q1 FY27, representing 79% growth compared to ₹791 crore in Q1 FY26
  • Revenue growth driven by robust demand in infrastructure and construction sectors

Volume Metrics

  • Sales volume: 156,136 metric tons (MT) in Q1 FY27
  • Volume growth: 26% increase compared to 124,027 MT in Q1 FY26
  • Volume growth reflects sustained demand and successful ramp-up of recently added capacities

Profitability Metrics

  • Profit After Tax (PAT): ₹20.04 crore in Q1 FY27, compared to ₹20.92 crore in Q1 FY26
  • EBITDA: ₹49.37 crore in Q1 FY27, representing 20% growth compared to ₹41.03 crore in Q1 FY26
  • EBITDA per metric ton: ₹3,162 in Q1 FY27, showing marginal improvement from ₹3,148 in Q4 FY26
  • EBITDA improvement supported by enhanced operating performance

Capacity and Expansion

  • Current installed capacity: 1,050,000 MTPA (consolidated basis)
  • Manufacturing facilities: 8 state-of-the-art integrated facilities located at Sikandrabad (UP), Sanand (Gujarat), Hindupur (AP), Khopoli (Maharashtra), and Kathua Jammu (J&K)
  • Expansion target: Adding another 1 million tonnes of capacity
  • Target capacity: 2 million tonnes capacity by FY29
  • Execution progressing at healthy pace
  • Newly commissioned facilities progressing well and contributing to growth momentum

Management Commentary

Mr. Ajay Kumar Bansal, Chairman and Managing Director, commented on the performance:

  • Strong start to FY27 with sustained demand
  • Optimistic about structural growth opportunities in steel pipe industry
  • Growth supported by infrastructure development, water and energy projects, and rising domestic demand
  • Company positioned to deliver sustainable and profitable growth with expanding capacity, strong execution capabilities, and focus on operational efficiency

Business Overview

Hi-Tech Pipes Limited is one of India's leading steel processing companies with nearly four decades of experience. The company has a strong presence in:

  • Steel pipes
  • Hollow sections
  • Tubes
  • Cold rolled coils & strips
  • Road crash barriers
  • Solar mounting structures
  • GP/GC Sheets
  • Color Coated Coils
  • Various other galvanised products

Market Presence

  • Direct marketing presence in over 20 states
  • More than 550 dealers & distributors across India