Hi-Tech Pipes Ltd Share Price – NSE /  BSE

Steel, Small Cap

Hi-Tech Pipes announced the commencement of commercial production at its greenfield manufacturing facility at Kathua, J&K.

The Kathua facility has an installed capacity of 80,000 tonnes per annum (MTPA) and is designed to manufacture ERW steel pipes as well as coated and other value-added steel products. The plant has been developed with modern manufacturing infrastructure, enhanced automation, and robust quality-control systems, enabling the Company to meet stringent customer specifications and evolving industry standards. With the commissioning of the Kathua facility, Hi-Tech Pipes is now very close to achieving 1 million tonnes of installed manufacturing capacity, reinforcing its position as one of the fastest-growing steel tube and pipe manufacturers in the country.

The commissioning of this Greenfield plant aligns closely with the Company's strategic focus on increasing the share of value-added products (VAPs) in its overall sales mix. With greater emphasis on coated and specialized steel offerings, Hi-Tech Pipes expects to benefit from an improved product mix, enhanced realizations, and better EBITDA per tonne over the medium to long term. The newly commissioned capacity is expected to begin contributing meaningfully from mid of Q4FY26 onwards, supporting both volume growth and profitability.

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Hi-Tech Pipes announced its sales volume performance for the quarter ended 31 December 2025 (Q3 FY26).

Sales Volume Highlights ?

• Q3 FY26 Sales Volume: Sales volumes for Q3FY26 increased by approximately 10%, rising from 1,24,233 MT in Q3FY25 to 1,36,067 MT in Q3FY26.
• Quarter-on-Quarter Growth: Sales volumes grew by 9% approx. compared to 1,25,218 MT recorded in Q2FY26

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Hi-Tech Pipes has commenced commercial production at its Sanand Unit II - Phase II (Gujarat) brownfield expansion. With this commissioning, the company's total capacity has increased by 1 lakh MTPA  to 8.50 lakh MTPA.

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Net profit of Hi-Tech Pipes rose 11.87% to Rs 20.26 crore in the quarter ended September 2025 as against Rs 18.11 crore during the previous quarter ended September 2024. Sales rose 21.66% to Rs 858.77 crore in the quarter ended September 2025 as against Rs 705.90 crore during the previous quarter ended September 2024.

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