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HITECH PIPES
Intrinsic Value | Fundamental Analysis

BOM : 543411     NSE : HITECH    
LT :  
    Long Term Analysis
Fundamentals : Average
Valuation : Bad [Stock is Expensive]
Debt : High
Updated:
ST :  
    Short Term Analysis
Quarterly Earnings Trend : Downward
Price Momentum : Upward
Pledged Shares : None or < 25%
Jul 24,2024
Price(EOD): ₹ 147.55
This is the End-of-Day (EOD) Stock Price updated daily by 7 pm IST.
Steel & Iron Products
MCap: ₹ 2,598.36 Cr
Value of ₹ 1 Lac invested in HITECH PIPES
on Dec 16,2021 (price: ₹ 57.10)

₹ 1 L

₹ 2.58 L

1W : -2.1% 1M : 10.9% 1Y : 71.8%
COMMUNITY POLL
for HITECH PIPES
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HITECH PIPES is part of below Screeners ↓
Best 1M Momentum Small Cap Stocks
Industry Peers & Returns1W1M1Y
HITECH PIPES -2.1% 10.9% 71.8%
JSW STEEL -5.2% -5.7% 12.8%
TATA STEEL -3.6% -9.9% 37.4%
JINDAL STAINLESS -4.9% -6% 100%
STEEL AUTHORITY OF INDIA -0.7% -1.9% 55.7%
APL APOLLO TUBES -2.4% -8% 7.1%
MOTHERSON SUMI WIRING INDIA -1.9% -3.9% 23%
RATNAMANI METALS & TUBES 2.3% -2.4% 37%
SHYAM METALICS AND ENERGY 1.5% 6% 79.8%

FUNDAMENTAL ANALYSIS OF HITECH PIPES

 
Fundamentals Score
[ Q(TTM): Mar2024, Y: Mar2023
Q : Last Qtr data
Y : Last Audited Annual/Yearly Data
TTM i.e. Trailing Twelve Months is calculated using last 4 quarterly data and is a good substitute to track last 4 Qtr Annual result before the subsequent year data is published and audited.
Learn More
]


VALUATION OF HITECH PIPES

 
Valuation Score
[As on : Jul 24,2024 ]

Ratio Consolidated
P/E
P/B
P/S
59.05
P/E Calculated based on Trailing Twelve Months (TTM) Earnings of Rs 44.00 Cr
[Latest Qtr - Mar2024 - Consolidated Results ]

7.85
P/B Calculated based on Book Value of Rs 331.09 Cr
[Latest Year - Mar2023 - Consolidated Results ]

0.96
P/S Calculated based on Trailing Twelve Months (TTM) Revenues of Rs 2,699.29 Cr
[Latest Qtr - Mar2024 - Consolidated Results ]

Financial Ratios →

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FAIR VALUE OF HITECH PIPES

 
Model Discount(-)/
Premium(+)
EV/EBIDTA
EV/Sales
Price/Sales
403%
136%
207%

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SHARE PRICE MOMENTUM OF HITECH PIPES


Insights 💡 HITECH is one of the top 37% companies with bullish price momentum currently! Discover More →

HITECH PIPES vs SENSEX


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DEBT OF HITECH PIPES

Year Debt/Equity ratio
Standalone Consolidated
2023
2022
2021
Avg_3yrs
0.64
1.2
1.25
1.03
0.83
1.52
1.58
1.31
[Last Annual Data : Mar2023]
Financial Ratios →

PLEDGED PROMOTER SHARES OF HITECH PIPES

Pledged Promoter Shares
3.01 %
As on : Dec2023

If less than 25%

Good
If between 25% and 50% Neutral
If greater than 50% Bad
Shareholding Pattern →

QTRLY RESULTS OF HITECH PIPES

Consolidated Q-o-Q Y-o-Y
Revenue
Op Profit
Profit Before Tax
Profit After Tax
8.08%
11.92%
-21.73%
-22.35%
-2.97%
4.69%
-28.17%
-29.78%
QtrlyTrend
-2
Latest Qtr: Mar2024
Quarterly Result Analysis →


HITECH PIPES related INDICES

BSE Indices1W1M1Y
S&P BSE SMALL CAP -0.9% 3.7% 59.1%
S&P BSE ALLCAP -1.2% 3.2% 36.8%
S&P BSE MIDSMALLCAP -1.5% 2.8% 59.1%
S&P BSE INDUSTRIALS -3.5% 0.2% 76.6%
No NSE index found

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FAQ about HITECH PIPES


Is HITECH PIPES good for long term investment?

As on Jul 24,2024, the Fundamentals of HITECH PIPES look Average and hence you may wait for the results to improve to invest for long term ! See Financial Performance of HITECH PIPES . Please look at the other parameters such as Valuation, Price Momentum, News & Corporate Governance and/or consult an Investment Advisor before taking an investment decision!

Is HITECH PIPES UnderValued or OverValued?

As on Jul 24,2024, HITECH PIPES is Over Valued based on the estimates of intrinsic value and hence may not be a good buying opportunity according to Share Valuation at this time!

What is the Intrinsic Value of HITECH PIPES ?

As on Jul 24,2024, the Intrinsic Value of HITECH PIPES is Rs. 48.06 estimated based on Median of the 3 historical models.
Fair Value [Median EV / EBIDTA Model] : Rs. 29.32
Fair Value [Median EV / Sales Model] : Rs. 62.43
Fair Value [Median Price / Sales Model] : Rs. 48.06
Estimated Median Fair Value of HITECH PIPES : Rs. 48.06

The fair value of any stock is always subjective and should, in no way, be taken as a recommendation to buy/sell the same.

Is HITECH PIPES trading at a Premium or Discount?

As on Jul 24,2024, HITECH PIPES is trading at a Premium of 207% based on the estimates of Median Intrinsic Value!