StockWatch
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Iron & Steel Products
Quarterly Result12 Aug 2026, 01:44 pm

Hi-Tech Pipes Q1FY27 Revenue Jumps 79% to ₹1,413 Cr

AI Summary

Hi-Tech Pipes Ltd. reported a strong start to FY27 with un-audited financial results for the quarter ended June 30, 2026. Revenue surged by 79% year-on-year to ₹1,413 crore from ₹791 crore in Q1FY26, driven by robust demand in infrastructure and construction sectors. Sales volume increased by 26% to 1,56,136 MT. Profit After Tax stood at ₹20.04 crore, a slight decrease from ₹20.92 crore in Q1FY26. EBITDA grew by 20% to ₹49.37 crore, with EBITDA per metric ton improving marginally to ₹3,162. The company highlighted the successful ramp-up of recently added capacities and progress on new facilities, reiterating its commitment to expanding capacity by another 1 million tonnes.

Key Highlights

  • Revenue grew 79% YoY to ₹1,413 Cr in Q1FY27.
  • Sales volume increased 26% YoY to 1,56,136 MT.
  • PAT slightly decreased to ₹20.04 Cr from ₹20.92 Cr.
  • EBITDA increased 20% YoY to ₹49.37 Cr.
  • Company is on track to expand capacity to 2 million tonnes by FY29.