Hi-Tech Pipes Limited

NSE:HITECH India Steel
Market Cap
$175.97 Million
₹15.24 Billion INR
Market Cap Rank
#18424 Global
#873 in India
Share Price
₹75.18
Change (1 day)
-6.63%
52-Week Range
₹72.95 - ₹122.59
All Time High
₹205.61
About

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

Hi-Tech Pipes Limited (HITECH) - Total Assets

Latest total assets as of September 2025: ₹19.08 Billion INR

Based on the latest financial reports, Hi-Tech Pipes Limited (HITECH) holds total assets worth ₹19.08 Billion INR as of September 2025.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

Hi-Tech Pipes Limited - Total Assets Trend (2013–2025)

This chart illustrates how Hi-Tech Pipes Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Hi-Tech Pipes Limited - Asset Composition Analysis

Current Asset Composition (March 2025)

Hi-Tech Pipes Limited's total assets of ₹19.08 Billion consist of 59.5% current assets and 40.5% non-current assets.

Asset Category Amount (INR) % of Total Assets
Cash & Equivalents ₹0.00 10.4%
Accounts Receivable ₹3.03 Billion 17.2%
Inventory ₹3.84 Billion 21.9%
Property, Plant & Equipment ₹2.92 Billion 16.7%
Intangible Assets ₹2.99 Million 0.0%
Goodwill ₹84.15 Million 0.5%

Asset Composition Trend (2013–2025)

This chart illustrates how Hi-Tech Pipes Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Hi-Tech Pipes Limited's current assets represent 59.5% of total assets in 2025, a decrease from 82.3% in 2013.
  • Cash Position: Cash and equivalents constituted 10.4% of total assets in 2025, up from 3.1% in 2013.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
  • Asset Diversification: The largest asset category is inventory at 21.9% of total assets.

Hi-Tech Pipes Limited Competitors by Total Assets

Key competitors of Hi-Tech Pipes Limited based on total assets are shown below.

Company Country Total Assets
365330
KQ:365330
Korea ₩83.64 Billion
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
China CN¥110.74 Billion
HBIS Co Ltd
SHE:000709
China CN¥271.74 Billion
Sgis Songshan Co Ltd
SHE:000717
China CN¥20.01 Billion
Bengang Steel Plates Co Ltd
SHE:000761
China CN¥46.73 Billion
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
China CN¥53.95 Billion
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
China CN¥66.23 Billion
Jiangsu Fasten Co Ltd
SHE:000890
China CN¥985.65 Million

Hi-Tech Pipes Limited - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 1.75 - 2.69

Strong asset utilization - Hi-Tech Pipes Limited generates 1.75x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 2.32% - 5.41%

Moderate ROA - For every $100 in assets, Hi-Tech Pipes Limited generates $ 4.16 in net profit.

Hi-Tech Pipes Limited - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 2.09 1.63 1.23
Quick Ratio 1.31 0.87 0.62
Cash Ratio 0.00 0.00 0.00
Working Capital ₹5.92 Billion ₹ 3.45 Billion ₹ 658.00 Million

Hi-Tech Pipes Limited - Advanced Valuation Insights

This section examines the relationship between Hi-Tech Pipes Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 1.24
Latest Market Cap to Assets Ratio 0.01
Asset Growth Rate (YoY) 48.9%
Total Assets ₹17.56 Billion
Market Capitalization $95.99 Million USD

Valuation Analysis

Below Book Valuation: The market values Hi-Tech Pipes Limited's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Hi-Tech Pipes Limited's assets grew by 48.9% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Hi-Tech Pipes Limited (2013–2025)

The table below shows the annual total assets of Hi-Tech Pipes Limited from 2013 to 2025.

Year Total Assets Change
2025-03-31 ₹17.56 Billion +48.95%
2024-03-31 ₹11.79 Billion +28.75%
2023-03-31 ₹9.16 Billion +19.00%
2022-03-31 ₹7.69 Billion +28.37%
2021-03-31 ₹5.99 Billion +5.55%
2020-03-31 ₹5.68 Billion +12.39%
2019-03-31 ₹5.05 Billion +12.61%
2018-03-31 ₹4.49 Billion +24.65%
2017-03-31 ₹3.60 Billion +28.79%
2016-03-31 ₹2.79 Billion +29.83%
2015-03-31 ₹2.15 Billion -4.30%
2014-03-31 ₹2.25 Billion +18.95%
2013-03-31 ₹1.89 Billion --