Hi-Tech Pipes Q2FY27 Revenue Jumps 71% to ₹1,466 Crore
Hi-Tech Pipes Ltd. reported a strong Q2FY27 with revenue from operations surging 70.74% to ₹1,466.24 Crore from ₹858.77 Crore in Q2FY26. Total sales volumes increased by 32% to 1.65 Lakh tonnes. EBITDA grew by 27.63% to ₹56.58 Crore. For the half-year ended September 30, 2026 (H1FY27), revenue was up 74.47% to ₹2,879.04 Crores, and sales volumes increased by 29% to 3.21 Lakh tonnes. EBITDA for H1FY27 rose to ₹105.95 Crore. The company highlighted a significant improvement in Net Working Capital Days to 33 from 56 in FY26, though the Debt Equity Ratio increased to 0.23x and Current Ratio decreased to 1.70x. Return on Capital Employed improved to 12.25%. The company reaffirmed its vision to achieve 2 million tonnes of manufacturing capacity by FY29.
Key Highlights
- Q2FY27 revenue increased by 70.74% to ₹1,466.24 Crore.
- Sales volumes grew by 32% to 1.65 Lakh tonnes in Q2FY27.
- EBITDA rose 27.63% to ₹56.58 Crore in Q2FY27.
- Net Working Capital Days improved significantly to 33.
- Capacity expansion target of 2 million tonnes by FY29 remains on track.
Price Impact
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