POTENTIALLY UNDERVALUED SMALLCAP STOCK: ๐ฅ
๐ Sales & profits at all time high
๐ค Insider Buys 1,40,000 Shares
๐ [ Mega Thread ] ๐งต
Techno-Funda Analysis ๐
๐ Sales & profits at all time high
๐ค Insider Buys 1,40,000 Shares
๐ [ Mega Thread ] ๐งต
Techno-Funda Analysis ๐
(1) About company:
Hi-Tech Pipes Limited (HTPL) is one of Indiaโs biggest steel pipe and tube manufacturers, producing structural tubes, CR sheets, galvanized coils, solar structures, and metal crash barriers. x.com
Hi-Tech Pipes Limited (HTPL) is one of Indiaโs biggest steel pipe and tube manufacturers, producing structural tubes, CR sheets, galvanized coils, solar structures, and metal crash barriers. x.com
(2) Hi-Tech Pipes serves a broad range of industries:
- Infrastructure
- Real Estate
- Automobile
- Agriculture
- Oil & Gas
- Defense
- Industrial Sectors
- Telecommunications
- Housing
- Infrastructure
- Real Estate
- Automobile
- Agriculture
- Oil & Gas
- Defense
- Industrial Sectors
- Telecommunications
- Housing
(3) H1 FY25 consolidated performance:
Revenue: +13.31%
EBITDA: +77%
PAT: +95.46%
Sales Volume (MT): +32.59%
EBITDA per MT: +33.51% x.com
Revenue: +13.31%
EBITDA: +77%
PAT: +95.46%
Sales Volume (MT): +32.59%
EBITDA per MT: +33.51% x.com
(4) Company recently raised โน5,000 million through QIP from Marquee Institutional Investors. x.com
(6) Management outlook for the company:
- Hi-Tech believes it can reach its FY25 target of 500,000 tons, having managed challenges in the first half and expecting a better second half of the year.
- Company plans to double its manufacturing capacity from 1 million to 2 million tons to meet rising demand in infrastructure, construction, and renewable energy.
- India's steel pipes and tubes market is 9-10 million tons and is expected to grow by 15% yearly.
- Company has received its largest order in the solar energy sector and expects growth to continue. Solar projects currently bring 10% of their revenue, and they plan to increase this.
- Hi-Tech believes it can reach its FY25 target of 500,000 tons, having managed challenges in the first half and expecting a better second half of the year.
- Company plans to double its manufacturing capacity from 1 million to 2 million tons to meet rising demand in infrastructure, construction, and renewable energy.
- India's steel pipes and tubes market is 9-10 million tons and is expected to grow by 15% yearly.
- Company has received its largest order in the solar energy sector and expects growth to continue. Solar projects currently bring 10% of their revenue, and they plan to increase this.
(8) Financial Metrics:
โ CMP: 162
โ Mcap: 3,298 crores
โ TTM PE: 67
โ Forward PE: 46
โ ROCE: 11%
โ ROE: 8%
โ D/E Ratio: 0.38
โ Current ratio: 1.63
โ OPM: 5%
โ Promoter holdings: 44%
โ 3 years sales, profit growth: 29% and 31%
โ CMP: 162
โ Mcap: 3,298 crores
โ TTM PE: 67
โ Forward PE: 46
โ ROCE: 11%
โ ROE: 8%
โ D/E Ratio: 0.38
โ Current ratio: 1.63
โ OPM: 5%
โ Promoter holdings: 44%
โ 3 years sales, profit growth: 29% and 31%
(9) Shareholding pattern:
- FII has been growing its stake over the past 4 quarters.
- DIIs raised their stake by 7.17% in the previous quarter. x.com
- FII has been growing its stake over the past 4 quarters.
- DIIs raised their stake by 7.17% in the previous quarter. x.com
(10) Chart overview:
Price chart is creating a wedge pattern at the 200 SMA, and a breakout above the upper line could spark an uptrend rally. x.com
Price chart is creating a wedge pattern at the 200 SMA, and a breakout above the upper line could spark an uptrend rally. x.com
That's it for today!
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x.com
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(2) Bookmark this thread.
x.com
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