Hi-Tech Pipes Limited — PPTs, 12-11-2025: Investor Presentation

**Business Performance:** Hi-Tech Pipes reported a robust Q2 FY26 with revenue growing 25.5% YoY to Rs 839.2 Cr. Profit after Tax (PAT) also saw a significant jump of 25.3% YoY, reaching Rs 22.9 Cr. Sales volume increased by 24.3% YoY to 128,155 MT, indicating solid operational growth across its steel pipes and tubes segments. Half-year results also reflect healthy growth trends.

**Growth Drivers or Strategy:** The company is strategically focused on capacity expansion, with a new 240,000 TPA facility in Sikandrabad for value-added GP and Color Coated Coils expected by Q4 FY26. This move, along with geographical diversification into Southern & Western India, aims to boost higher-margin product sales and market reach. Hi-Tech Pipes also emphasizes branding, distribution, and operational efficiency through technology adoption.

**Recent Developments:** Hi-Tech Pipes successfully reduced its debt by Rs 100 Cr in H1 FY26 and received an upgraded credit rating (CARE A/Stable, CARE A1+). The upcoming commercial production at the Sikandrabad plant by Q4 FY26 is a key milestone.

**Key Financial Metrics:** Q2 FY26 EBITDA rose 17.5% to Rs 46.1 Cr, with EPS at Rs 14.50. Debt-to-Equity improved to 0.54, and Return on Capital Employed (RoCE) stood at 18.7% for FY25.

**Management Commentary / Outlook:** Management's focus remains on leveraging expanded capacity for value-added products, enhancing market presence, and improving operational efficiencies to drive sustained future growth and profitability.