Hi-Tech Pipes Limited (HITECH) Earnings Call Transcripts

Hi-Tech Pipes Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, Hi-Tech Pipes Limited reported a remarkable revenue increase of 102% year-over-year, reaching INR 1,480 crores, driven by strong demand and operational efficiencies. For the full fiscal year, revenue rose 37% to INR 4,200 crores, while total comprehensive income grew by 5% to INR 77 crores. Management provided optimistic guidance for FY '27, targeting sales volumes between 6.5 lakh tonnes and 7 lakh tonnes, indicating continued growth momentum.

Reported metrics

Guidance from management

For FY '27, management targets sales volumes between 6.5 lakh tonnes and 7 lakh tonnes, indicating continued growth. They also expect the share of value-added products to reach nearly 50% by the end of FY '27.

What management said

So this preferential issue has been done by the promoters amounting to INR 90 crores. And this is part of our planning from 1 million tonnes to 2 million tonnes and the requirement of working capital will be met through these proceeds.

Yes. So Himanshu, so basically in this -- by the end of FY '27, we are targeting our operational capacity at around 1.4 million tonnes. This is the Sanand facility is brownfield and the Hindupur facility is greenfield. So you can say like 50% will be brownfield and 50% will be greenfield. And we are expecting both the facilities to be operational in Q4 of this financial year.

What analysts pressed on

Analysts raised concerns regarding the impact of rising input costs and geopolitical factors on margins. There were also questions about the timeline for new product introductions and the readiness of the API facility for oil and gas applications.

Main topics on the call

• Revenue Growth — Hi-Tech Pipes achieved a significant revenue growth of 102% in Q4 FY '26, with revenue reaching INR 1,480 crores compared to INR 734 crores in Q4 FY '25. Management noted, 'This was achieved despite the rise in energy in...
• Volume Expansion — The company reported a sales volume of 1.47 lakh tonnes in Q4 FY '26, up 27% from 1.16 lakh tonnes in Q4 FY '25. For FY '26, total sales volume increased to 5.32 lakh tonnes, reflecting strong demand momentum.
• EBITDA Performance — EBITDA for Q4 FY '26 rose 33% to INR 46 crores, with EBITDA per tonne improving by 5% to INR 3,150. For the full year, EBITDA grew by 8% to INR 174 crores, indicating stable profitability amidst rising costs.
• Capacity Expansion Plans — Management outlined plans to increase capacity to 2 million tonnes by FY '29, with an additional 1 million tonnes expected by FY '27. The Sanand facility and Hindupur facility are key components of this expansion.

Read the full Hi-Tech Pipes Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 19 Hi-Tech Pipes Limited earnings call transcripts on record, spanning November 1, 2021 to August 13, 2026. Based on this history, Hi-Tech Pipes Limited reports quarterly. The most recent call on file is dated August 13, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

HITECH

Exchange

NSEI

Country

IN

Sector

Materials

Industry

Metals and Mining

Calls on record

19

First call

November 1, 2021

Most recent

August 13, 2026

Reporting cadence

quarterly