Hi-Tech Pipes Ltd. expects to achieve revenue of around Rs 3,500-Rs 3,700 crore in fiscal 2025, driven by increased focus on value-added products, according to the company's Whole Time Director Anish Bansal. The value-added products segment, which contributes 36% to the company’s topline presently, could rise up to nearly half of the total revenue in the next two to three years. Hi-Tech Pipes has
The Company has new plants coming up. The margin will also increase because the share of value-added products has increased significantly. The Hi-Tech Pipes is focused on increasing its production capacity, adding 1 million tonnes to the volume by the end of this financial year.
Out of this, 70% peak utilisation is possible. So that means we will have 6.5 to 7 lakh tonnes at disposal for FY26. With an Ebitda of Rs 4,000 plus per tonne, the company is poised well for good margin expansion from the current 5% mark.
Higher valuation will also enable the company to better-discount raw materials, Bansal said. This EBITDA per tonne progression from the current Rs 3,500 per tonne will be achieved with a mix of volume and value growth, according to Bansal. Hi-Tech Pipes will spend Rs 800 crore in the next two and a half years to drive the production volumes to 2 million tonnes. The capex will be done internally and externally if required.
The company's first quarter consolidated revenue rose 35% year-on-year to Rs 866.98 crore from Rs 642.16 crore in the year-ago period. The company's profit after tax surged over 125% to Rs 18.05 crore in the April-June quarter, up from Rs 8.03 crore in the same period last year.
