Hi-Tech Pipes Ltd - 543411 - Closure of Trading Window
Hi-Tech Pipes Limited has informed the exchanged regarding the Trading Window Closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201529-06-2023
29-06-2023
Hi-Tech Pipes Ltd - 543411 - Closure of Trading Window
Hi-Tech Pipes Limited has informed the exchanged regarding the Trading Window Closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201529-06-2023
Hi-Tech Pipes Ltd - 543411 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Hi-Tech Pipes Limited has informed the Exchange about Transcript of Con. Call held on May 30, 2023.05-06-2023
Hi-Tech Pipes Ltd - 543411 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Hi-Tech Pipes Limited informed the exchange about Newspaper publications of the Audited Financial Results (Standalone and Consolidated Both) of the Company for the Quarter and Year ended 31st March, 2023 published in Business Standard (English & Hindi- Delhi edition) of 29th May, 2023.31-05-2023
Hi-Tech Pipes Ltd - 543411 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Hi-Tech Pipes Limited has informed the Exchange about Link of Recording of the Investor Conference Call held today i.e. on Tuesday, 30th day of May, 2023 at 11:00 A.M. (IST) in respect to the company's Audited Financial Results (Consolidated & Standalone Both) for the quarter and year ended March 31, 2023.30-05-2023
Hi-Tech Pipes Ltd - 543411 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Hi-Tech Pipes Limited has informed the exchange regarding Annual Secretarial Compliance Report for the year ended on March 31, 2023.30-05-2023
Q4FY23 Quarterly & FY23 Annual Result Announced for Hi-Tech Pipes Ltd.
Iron & Steel Products company Hi-Tech Pipes announced Q4FY23 & FY23 results: Consolidated Q4FY23: Revenue from operations up by 18% to Rs 701.85 crore Sales volumes increased by 26% to 1.07 lakh tonnes EBITDA grew by 13% to Rs 33.75 crore EBITDA/ton at Rs 3,147 in Q4FY23 vs. Rs 3,511 in Q4FY22; decreased 10% YoY PAT increased by 42% to Rs 15.91 crore from Rs 11.22 crore in Q4FY22 Consolidated FY23: Revenue from operations up by 27% to Rs 2385.85 crore Sales volumes increased by 28% to 3.54 lakh tonnes EBITDA grew by 3% to Rs 103.21 crore EBITDA/ton at Rs 2.915 in FY23 vs. Rs 3.634 in FY22; decreased 19.78% YoY PAT decreased by 6% to Rs 37.79 crore from Rs 40.33 crore in Q4FY22 Debt Equity Ratio has improved significantly to 0.66x from 1.42x Debt Service Coverage Ratio has improved to 1.33x from 1.56x Current Ratio has improved to 1.46x from 1.43x Debtor turnover days reduced to 28 days from 33 days Inventory turnover days have reduced to 47 days from 50 days Net Working Capital Days substantially reduced to 48 days from 68 days Commenting on the performance, Ajay Kumar Bansal, Chairman, and Managing Director, Hi-Tech Pipes said, “I feel so elated to share that, during this Quarter the Company has registered ever highest Sales Volume, Revenue, PAT, and EBIDTA. Net working Capital days of the company have reduced substantially to 48 days. Our New Product “HitechColorStar” for premium Color Coated Coils has been well appreciated and accepted, we are confident of emerging as a strong brand across the country in this segment. Our greenfield facility of Large Dia. Pipes at Makhiyav, Sanand Gujarat is about to commission, we are expecting to start Commercial production from Q3FY24 onwards. This facility along with our color coating line will not only help us to increase the volumes but also to improve the margins and strengthen the company's reach into different territories. Going forward we will continue to look at opportunities to expand in the high demand and profitable geographies of the country as well as increase share of value added products in our portfolio.” Result PDF29-05-2023
Hi-Tech Pipes Ltd - 543411 - Disclosure Of Related Party Transaction For The Half Year Ended 31St March, 2023
Disclosure of Related Party Transactions on consolidated basis for the Half Year Ended March 31, 2023.27-05-2023
Hi-Tech Pipes Ltd - 543411 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Media Release with respect to the Audited Financial Results (Standalone and Consolidated) for the Quarter and Year ended March 31, 2023.27-05-2023
Hi-Tech Pipes Ltd - 543411 - Announcement under Regulation 30 (LODR)-Investor Presentation
Result update presentation with respect to the Audited Financial Results (Standalone and Consolidated) for the Quarter and Year ended March 31, 2023.27-05-2023