Hi-Tech Pipes Limited — Investor Meet, 31-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Hi-Tech Pipes reported Q4 revenue of Rs. 734 Cr, up 7.7% YoY, with sales volume rising 8% to 1.16 lakh tons. Net profit jumped 58% to Rs. 17.63 Cr, aided by cost controls and premium product mix. FY25 revenue grew 14% to Rs. 3,068 Cr, volumes up 24%, and PAT rose 66% to Rs. 72.95 Cr. Net working capital days improved to 52; debt-equity ratio down to 0.15; credit rating upgraded to A+. Capacity expansion to 1 million tons by FY26 with sales targets over 6 lakh tons and EBITDA guidance of Rs. 3,500-4,000 per ton. Growth driven by infrastructure, defense, solar exports, and railways. New plant commissioning underway; hot-dip galvanizing facility operational. Management remains confident, expecting margin stability, volume growth, and raw material cost benefits beyond 7 lakh tons. FY26 CAPEX around Rs. 200 Cr.