Hi-Tech Pipes Limited (HITECH) - Total Assets
Based on the latest financial reports, Hi-Tech Pipes Limited (HITECH) holds total assets worth Rs20.24 Billion INR (≈ $218.85 Million USD) as of March 2026. 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. Explore Hi-Tech Pipes Limited cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Hi-Tech Pipes Limited - Total Assets Trend (2013–2026)
This chart illustrates how Hi-Tech Pipes Limited's total assets have evolved over time, based on quarterly financial data. See what is Hi-Tech Pipes Limited's book value for net asset value and shareholders' equity analysis.
Hi-Tech Pipes Limited - Asset Composition Analysis
Current Asset Composition (March 2026)
Hi-Tech Pipes Limited's total assets of Rs20.24 Billion consist of 59.9% current assets and 40.1% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Rs0.00 | 4.3% |
| Accounts Receivable | Rs4.49 Billion | 22.2% |
| Inventory | Rs5.66 Billion | 28.0% |
| Property, Plant & Equipment | Rs0.00 | 0.0% |
| Intangible Assets | Rs287.00K | 0.0% |
| Goodwill | Rs181.66 Million | 0.9% |
Asset Composition Trend (2013–2026)
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. For live market cap, price, and company overview, see how much is Hi-Tech Pipes Limited worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hi-Tech Pipes Limited's current assets represent 59.9% of total assets in 2026, a decrease from 82.3% in 2013.
- Cash Position: Cash and equivalents constituted 4.3% of total assets in 2026, 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 28.0% 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 |
|---|---|---|
|
Jindal Steel & Power Limited
NSE:JINDALSTEL
|
India | Rs977.62 Billion |
|
Jindal Stainless Limited
NSE:JSL
|
India | Rs407.04 Billion |
|
Inner Mongolia Dazhong Mining Co Ltd
SHE:001203
|
China | CN¥17.05 Billion |
|
Hunan Valin Steel Co Ltd
SHE:000932
|
China | CN¥154.67 Billion |
|
BCI Minerals Ltd
AU:BCI
|
Australia | AU$1.20 Billion |
|
Anyang Iron & Steel Inc
SHG:600569
|
China | CN¥46.68 Billion |
|
Zhejiang Huada New Materials Co Ltd
SHG:605158
|
China | CN¥8.40 Billion |
|
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class B
IS:KRDMB
|
Turkey | TL99.54 Billion |
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 | 2.17 | 2.38 | 1.37 |
| Quick Ratio | 1.16 | 1.51 | 0.65 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Rs6.52 Billion | Rs6.06 Billion | Rs964.57 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 | 1.29 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 15.3% |
| Total Assets | Rs20.24 Billion |
| Market Capitalization | $187.41 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hi-Tech Pipes Limited's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Hi-Tech Pipes Limited's assets grew by 15.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Hi-Tech Pipes Limited (2013–2026)
The table below shows the annual total assets of Hi-Tech Pipes Limited from 2013 to 2026.
| Year | Total Assets | Change |
|---|---|---|
| 2026-03-31 | Rs20.24 Billion ≈ $218.85 Million |
+15.26% |
| 2025-03-31 | Rs17.56 Billion ≈ $189.87 Million |
+48.95% |
| 2024-03-31 | Rs11.79 Billion ≈ $127.47 Million |
+28.75% |
| 2023-03-31 | Rs9.16 Billion ≈ $99.01 Million |
+19.00% |
| 2022-03-31 | Rs7.69 Billion ≈ $83.20 Million |
+28.37% |
| 2021-03-31 | Rs5.99 Billion ≈ $64.81 Million |
+5.55% |
| 2020-03-31 | Rs5.68 Billion ≈ $61.40 Million |
+12.39% |
| 2019-03-31 | Rs5.05 Billion ≈ $54.63 Million |
+12.61% |
| 2018-03-31 | Rs4.49 Billion ≈ $48.51 Million |
+24.65% |
| 2017-03-31 | Rs3.60 Billion ≈ $38.92 Million |
+28.79% |
| 2016-03-31 | Rs2.79 Billion ≈ $30.22 Million |
+29.83% |
| 2015-03-31 | Rs2.15 Billion ≈ $23.28 Million |
-4.30% |
| 2014-03-31 | Rs2.25 Billion ≈ $24.32 Million |
+18.95% |
| 2013-03-31 | Rs1.89 Billion ≈ $20.45 Million |
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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