Press Release

Hi-TGCH ] 011-48440050 El PIPES Info@hitechpipes.in [ www.hitechpipes.in BUILDING A NEW INDIA Date: November 05, 2026 Listing Department, Corporate Relations Department, National Stock Exchange of India BSE Limited Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Fort Bandra Kurla Complex- Bandra (E), Mumbai- 400001 Mumbai-400051 Scrip Code: 543411 NSE Symbol: HITECH Subject: Press Release Dear Sir/ Madam, Pursuant to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, please find enclosed herewith Press Release with respect to the Unaudited Financial Results for the Quarter & Half year ended September 30, 2026. The same can also be accessed at the website of the Company at www.hitechpipes.in. Kindly take the above information on record and oblige. Thanks and Regards For Hi-Tech Pipes Limited For HI-TECH PIPES LTD. Managing Director Ajay Kumar Bansal Managing Director Encl: As above = ERW PIPES & HOLLOW SECTIONS | GPGC SHEETS & COLOR COATED COIL | GI & GP PIPES | CR COILS & STRIPS | CRASH BARRIER=— HI-TECH PIPES LIMITED 505, Pearls Omaxe Tower, Netaji Subhash Place, Pitampura, New Delhi -110034 CIN: L27202DL1985PLC018750 Hi-TECH PIPES LIMITED Q2&H1FY27 FINANCIAL RESULTS SALES VOLUME JUMPS +32% (Q2-YOY) PAT JUMPS +35% (Q2-YOY) New Delhi- Thursday, 05th Nov, 2026 - Hi-Tech Pipes Ltd., one of the leading steel tubes and pipes manufacturers in India, reported its Q2&H1FY27 Unaudited Financial Results (Consoli- dated & Standalone) Q2&H1FY27- KEY HIGHLIGHTS 1. Q2FY27: Total sales volumes increased by 32% to 1.65 Lakh tonnes in Q2FY27 as compared to 1.25 Lakh tonnes in Q2 FY26. Revenue from operations increased by 70.74% to Rs.1466.24 Crore in Q2FY27 as compared to Rs.858.77 Crore in Q2FY26. EBITDA increased by 27.63% to Rs.56.58 Crore in Q2FY27 as compared to Rs.44.33 Crore in Q2FY26. EBITDA/ton at Rs.3429 in Q2FY27 vs. Rs.3540 in Q2FY26. 2.H1FY27: Revenue from operations was up by 74.47% to Rs.2879.04 Crores in H1FY27 as compared to Rs.1650.13 Crore in H1FY26. Total sales volumes increased by 29% to 3.21 Lakh tonnes in H1FY27 as compared to 2.49 Lakh tonnes in H1FY26. EBITDA increased by 24.12% to Rs.105.95 Crore in H1FY27 as compared to Rs.85.36 Crore in H1FY26. EBITDA/ton at Rs.3299 in H1FY27 vs. Rs.3425 in H1FY26. Net Working Capital Days has decreased to 33 days in H1FY27 from 56 days in FY26. Debt Equity Ratio has increased to 0.23x in H1FY27 from 0.18x in FY26. Current Ratio has decreased to 1.70x in H1FY27 from 2.17x in FY26. Return on Capital Employed has increased to 12.25% in H1FY27 from 11.11% in FY26. Commenting on the performance, Mr. Ajay Kumar Bansal, Chairman and Managing Director, Hi-Tech Pipes Ltd. “We are pleased to deliver a strong performance in Q2FY27, reecting the sustained momentum in our business and our continued focus on growth and operational excellence. The Company registered a robust 71% year-on-year growth in revenue to Rs. 1,466 crore, while sales volumes increased by 32% to 1.65 lakh tonnes. EBITDA grew by 28% to Rs. 57 crore, while Prot After Tax recorded an impressive growth of 35% to Rs. 27 crore, Additionally, Net Working Capital Days improved signi- cantly, declining from 56 days in H1 FY26 to 33 days in H1 FY27, reecting enhanced working capital efciency and disciplined cash ow management. These results underscore our commitment to driving protable growth while strengthening operational efciencies and nancial discipline.” Looking ahead, our vision of achieving 2 million tonnes of manufacturing capacity by FY29 remains rmly on track, with all planned capacity additions progressing as envisaged and scheduled to roll out as per plan. We remain condent of capitalizing on the strong growth opportunities across India’s infrastructure and manufacturing sectors. With a robust expansion roadmap and strong execution capabilities, we are committed to creating sustainable long-term value for all our stakeholders. On the occasion of Deepawali, Hitech Pipes Limited extends its warm wishes to all its stakeholders, employees, customers and business associates, wishing everyone happiness, prosperity and success” About Hi-Tech Pipes Limited One of India’s leading steel processing companies, providing world class innovative prod- ucts for nearly Four decades with a strong presence in steel pipes, hollow sections, tubes, cold rolled coils & strips, road crash barriers, solar mounting structures, GP/GC Sheets, Color Coated Coils and a variety of other galvanized products. The Company operates Eight (8)state-of-the-art integrated manufacturing facilities located at Sikandrabad (UP), Sanand (Gujarat), Hindupur (AP) - near Bangalore, Khopoli (Maharashtra), and kathua Jammu (J&K) with an installed capacity of 10,50,000 MTPA, on a consolidated basis and is on the way to reach 2million Tones Capacity in FY29. The Company has direct marketing presence in over 20 states with more than 550+ Dealers & distributors across India. For more details, please visit: or Contact Mr. Arvind Kumar Bansal Mr. Arun Kumar Executive Director & Group CFO Company Secretary & Compliance Ofcer Hi- Tech Pipes Ltd. Hi-Tech Pipes limited Email: arvind.bansal@hitechpipes.in Email: cs@hitechpipes.in DISCLAIMER: Certain statements in this document that are not historical facts are forward looking statements. Such forward looking statements are subject to certain risks and uncertainties like government actions, local, political or eco- nomic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. Hi-tech Pipes Ltd. Shall not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reect subsequent events or circumstances.