Hi-Tech Pipes Limited Market Cap ($169.15 Million)
Market Cap & Net Worth: Hi-Tech Pipes Limited (HITECH)
Hi-Tech Pipes Limited market cap. Hi-Tech Pipes Limited (NSE:HITECH) has a market capitalization of $169.15 Million (Rs15.64 Billion) as of November 5, 2026. Listed on the NSE stock exchange, this India-based company holds position #17027 globally and #893 in its home market, demonstrating a 18.87% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Hi-Tech Pipes Limited's stock price Rs77.16 by its total outstanding shares 202710234 (202.71 Million). Also see HITECH operating cash flow for how efficiently the company converts equity into cash flow.
Hi-Tech Pipes Limited Market Cap History (2016–2026)
Hi-Tech Pipes Limited market cap history from 2016 to 2026. Data shows growth from $25.46 Million to $169.15 Million (27.33% CAGR). Check HITECH stock price for real-time trading data and today's change.
Hi-Tech Pipes Limited Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Hi-Tech Pipes Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Explore net asset momentum of Hi-Tech Pipes Limited to track how rapidly the company is growing its equity base year over year.
Latest Price to Sales (P/S) Ratio
0.00x
Hi-Tech Pipes Limited's market cap is 0.00 times its annual revenue
Latest Price to Earnings (P/E) Ratio
0.22x
Hi-Tech Pipes Limited's market cap is 0.22 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2017 | $71.94 Million | $6.37 Billion | $103.45 Million | 0.01x | 0.70x |
| 2018 | $47.74 Million | $10.14 Billion | $210.08 Million | 0.00x | 0.23x |
| 2019 | $32.71 Million | $13.59 Billion | $273.50 Million | 0.00x | 0.12x |
| 2020 | $44.54 Million | $12.08 Billion | $203.88 Million | 0.00x | 0.22x |
| 2021 | $117.62 Million | $13.39 Billion | $228.03 Million | 0.01x | 0.52x |
| 2022 | $179.71 Million | $18.77 Billion | $403.26 Million | 0.01x | 0.45x |
| 2023 | $252.07 Million | $23.86 Billion | $376.81 Million | 0.01x | 0.67x |
| 2024 | $349.99 Million | $26.99 Billion | $439.31 Million | 0.01x | 0.80x |
| 2025 | $201.84 Million | $30.68 Billion | $729.49 Million | 0.01x | 0.28x |
| 2026 | $169.15 Million | $42.00 Billion | $761.61 Million | 0.00x | 0.22x |
Competitor Companies of HITECH by Market Capitalization
Companies near Hi-Tech Pipes Limited in the global market cap rankings as of November 5, 2026. Also see Hi-Tech Pipes Limited assets under control for a full breakdown of the balance sheet.
Key companies related to Hi-Tech Pipes Limited by market ranking:
- ArcelorMittal SA (AS:MT): Ranked #561 globally with a market cap of $48.06 Billion USD ( €41.11 Billion EUR).
- ArcelorMittal SA ADR (NYSE:MT): Ranked #597 globally with a market cap of $45.32 Billion USD.
- ArcelorMittal SA (XETRA:ARRD): Ranked #665 globally with a market cap of $39.90 Billion USD ( €34.13 Billion EUR).
- ArcelorMittal SA (MC:MTS): Ranked #670 globally with a market cap of $39.75 Billion USD ( €34.00 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #561 | ArcelorMittal SA | AS:MT | $48.06 Billion | €55.12 |
| #597 | ArcelorMittal SA ADR | NYSE:MT | $45.32 Billion | $59.54 |
| #665 | ArcelorMittal SA | XETRA:ARRD | $39.90 Billion | €60.56 |
| #670 | ArcelorMittal SA | MC:MTS | $39.75 Billion | €55.04 |
Market Capitalization of Hi-Tech Pipes Limited (2016–2026)
Market capitalization of Hi-Tech Pipes Limited from 2016 to today. Between 2016 and today, Hi-Tech Pipes Limited's market cap moved from $25.46 Million to $ 169.15 Million, with a yearly change of 27.33%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Rs169.15 Million | -16.19% |
| 2025 | Rs201.84 Million | -42.33% |
| 2024 | Rs349.99 Million | +38.84% |
| 2023 | Rs252.07 Million | +40.27% |
| 2022 | Rs179.71 Million | +52.79% |
| 2021 | Rs117.62 Million | +164.11% |
| 2020 | Rs44.54 Million | +36.15% |
| 2019 | Rs32.71 Million | -31.48% |
| 2018 | Rs47.74 Million | -33.64% |
| 2017 | Rs71.94 Million | +182.61% |
| 2016 | Rs25.46 Million | -- |
End of Day Market Cap According to Different Sources
On Nov 5th, 2026 the market cap of Hi-Tech Pipes Limited was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $169.15 Million USD |
| MoneyControl | $169.15 Million USD |
| MarketWatch | $169.15 Million USD |
| marketcap.company | $169.15 Million USD |
| Reuters | $169.15 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Hi-Tech Pipes Limited
Hi-Tech Pipes Limited manufactures and sells steel in India. The company provides mild steel hollow section ERW steel pipes, mild steel round pipes, GI pipes, pre-galvanized steel pipes, crash barriers, cold rolled coils and strips, and coated coils and roofing sheets. It also offers hot rolled, pickled and oiled, cold rolled close annealed, cold rolled full hard, and BP sheets coil and strip pro… Read more