NSEAnalysts/Institutional Investor Meet/Con. Call Updates3d ago · 17 Aug 2026, 05:01 pm
Analysts/Institutional Investor Meet/Con. Call Updates
Hi-Tech Pipes Limited · HITECH
✦ AI Summary▲ PositiveResults
Hi-Tech Pipes Limited has announced its Q1 FY27 earnings, reporting a strong growth in volumes, revenue, and EBITDA. The company achieved sales volume of 1,56,136 metric tons in Q1 FY27, a 26% year-on-year growth, and revenue of INR1,413 crores, a 79% year-on-year growth. EBITDA increased by 20% to INR49.37 crores, and EBITDA per ton improved marginally to INR3,162 per ton.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment9/10
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Hi-Tech Pipes Limited has informed the Exchange about Transcript
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' FII-TeCI-l : f:;ozgéfigfsspes,in
pIPES & www.hitechpipes.in
BUILDING A NEW INDIA
Date: August 17, 2026
Listing Department,
Manager,
National Stock Exchange of India BSE Limited,
Phiroze Jeejeebhoy Towers,
Limited
Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Fort
Bandra Kurla Complex- Bandra (E), Mumbai — 400 001
Mumbai — 400 051
Scrip Code: 543411
NSE Symbol: HITECH
Subject: Transcript of Earnings Conference Call held on Thursday, August 13,
2026
Dear Sir/ Ma’am,
With reference to the captioned subject, please find enclosed herewith the Transcript of
Earnings Conference Call held on Thursday, August 13,2026 at 11:30 A.M. with respect
to the Company’s Financial Results (Consolidated & Standalone) for the Quarter ended
June 30, 2026.
The transcript of the conference call is available at the website of the Company at
www.hitechpipes.in
Kindly take the above information on records and oblige.
Thanking You,
Yours Faithfully,
For Hi-Tech Pipes Limited
For HI-TECH PIPES LIMITED
Company Secretary
Arun Kumar
Company Secretary &
Compliance Officer
Encl: a/a
MS PIPES & HOLLOW SECTIONS | GPGC SHEET & COLOR COATED COIL | GI & GP PIPES | CR COILS & STRIPS —=
HI-TECH PIPES LIMITED
505, Pearls Omaxe Tower, Netaji Subhash Place, Pitampura, New Delhi -110034
CIN: L27202DL1985PLC019750
“Hi-Tech Pipes Limited
Q1 FY27 Earnings Conference Call”
August 13, 2026
MANAGEMENT: MR. ANISH BANSAL – WHOLE TIME DIRECTOR – HI-
TECH PIPES LIMITED
MR. ARVIND BANSAL – EXECUTIVE DIRECTOR AND
GROUP CHIEF FINANCIAL OFFICER – HI-TECH PIPES
LIMITED
Page 1 of 9
Hi-Tech Pipes Limited
August 13, 2026
Moderator: Ladies and gentlemen, good day, and welcome to the Hi-Tech Pipes Limited Q1 FY27 Earnings
Conference Call. As a reminder, all participant lines will remain in the listen-only mode and
there will be an opportunity for you to ask questions after the management's opening remarks.
Should you need assistance during the conference call, please signal the operator by pressing
star then zero on your touchtone telephone. Please note that this conference is being recorded.
I will now hand the conference over to Mr. Anish Bansal, Whole-Time Director from Hi-Tech
Pipes Limited. Thank you, and over to you, sir.
Anish Bansal: Good morning, ladies and gentlemen. On behalf of the Board of Directors, I extend a warm
welcome to all of you to the earnings conference call of the company for the first quarter of
FY27. I'm joined today by Mr. Arvind Bansal, Executive Director and Group CFO.
I'm pleased to share that despite the challenges arising from Iran war, the company has started
FY27 on a strong note with healthy growth in volumes, revenue and EBITDA. The performance
during the quarter reflects sustained demand across key end-user industries, successful ramp-up
of our recently added capacities and continued focus on operational efficiency.
Coming to our operational performance, the company achieved sales volume of 1,56,136 metric
tons in Q1 FY27 compared with 124,000 metric tons in Q1 FY26, registering a strong growth
of 26% year-on-year. This growth was supported by robust demand, particularly from the
infrastructure and construction sectors, along with the increasing contribution from our
expanded manufacturing capacities.
Coming to the financial performance. The company reported revenue of INR1,413 crores in Q1
FY27 compared with INR791 crores in Q1 FY26, registering a strong growth of 79% year-on-
year. Profit after tax stood at INR20 crores in Q1 FY27 compared to INR20.92 crores in Q1
FY26.
Our EBITDA increased by 20% to INR49.37 crores in Q1 FY27 compared with INR41 crores
in Q1 FY26. Further, EBITDA per ton improved marginally to INR3,162 per ton in Q1 FY27
compared with INR3,148 per ton in Q4 FY26. This improvement reflects our continued focus
on operational efficiency, product mix and cost management.
During the quarter, we continued to strengthen our product portfolio. We have added several
new sizes, especially in Jumbo Hollow sections and customer relations with an increasing focus
on value-added and differentiated products and opportunities across infrastructure, construction,
Page 2 of 9
Hi-Tech Pipes Limited
August 13, 2026
water, energy and other industrial applications. We are also continuing to develop our domestic
and export markets while taking steps towards greater energy efficiency and adoption of cleaner
energy sources across our operations.
Moving towards our expansion initiatives, the company remains fully committed to its long-
term growth vision of achieving 2 million tons capacity by FY29. As part of this road map, we
plan to add another 1 million tons of capacity in the next 2 to 3 years. The execution of this
expansion program is progressing at a rapid pace, and we remain focused on commissioning the
planned capacities in a phased and disciplined manner.
The Direct Forming Technology facility, DFT at Sanand Unit-II Phase-3 is progressing as
planned and is expected to be operational by Q3 FY27. This facility will further enhance our
capabilities and capacities in high-quality pipe segments and improve our ability to cater to
evolving customer requirements.
The API pipes facility is also progressing as planned with readiness expected by Q4 of this
current financial year. This facility will provide us with an opportunity to participate in the
specialized pipe applications, particularly in the oil and gas transportation segment and further
strengthen our value-added product portfolio.
At our Hindupur, Andhra Pradesh facility, construction activities are progressing well. The
integrated manufacturing facility of ERW tubes, specialized solar tubes and other value-added
steel products is expected to become operational by Q4 FY27. These projects are important
milestones in our growth journey and will provide the company with additional capacity, product
capabilities and opportunities to serve larger and more specialized customer requirements.
Outlook. Looking ahead, we remain optimistic about the structural growth opportunities in the
steel tubes and pipes industry. The continued development of infrastructure growth in
construction activity, renewable energy expansion and rising industrial demand are expected to
provide strong long-term growth opportunities for the sector.
With our capacity expansion program progressing well, newly added capacities ramping up,
specialized facilities moving towards commissioning and our financial position further
strengthened through the preferential issue, we believe the company is well positioned to
capitalize on the opportunities ahead.
I now request the moderator to open the floor for the question-and-answer session.
Moderator: Thank you. Ladies and gentlemen, we will now begin the question-and-answer session. We take
the first question from the line of Nupur Sharma, an Individual Investor.
Nupur Sharma: I have one question that how are you viewing the demand environment across infrastructure,
construction, water, solar and other industrial segment for the remainder of FY27?
Page 3 of 9
Hi-Tech Pipes Limited
August 13, 2026
Anish Bansal: The demand from the infrastructure and construction sector remains very strong. Now we are
seeing a lot of new projects, which were earlier on hold and now they are coming on shape now.
Going forward, I think for us, next 2 to 3 quarters will be quite crucial when it comes to invest
in construction. Whereas solar is concerned, we are gaining share in the solar segment, and we'll
be adding more lines in this year, which will further establish our footprint in the solar torque
tubes segment.
Moderator: We take the next question from the line of Manan Poladia from MKP Securities.
Manan Poladia: I just have 2 questions for you. First, on the product mix within VAP and otherwise, if you could
give us a breakup of the industries that you are catering to right now and if you see any new
industries emerging as customers in the near future? That's one thing.
Secondly, on the EBITDA per ton, I think we've
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