Hi-Tech Pipes Limited Reports Highest Ever Quarterly Sales Volume of 1,56,136 MT in Q1FY27

Hi-Tech Pipes Limited Reports Highest Ever Quarterly Sales Volume of 1,56,136 MT in Q1FY27

Hi-Tech Pipes Limited Reports Highest Ever Quarterly Sales Volume of 1,56,136 MT in Q1FY27​

Hi-Tech Pipes Limited, a leading Indian manufacturer specializing in ERW steel pipes, announced strong sales volume performance for the first quarter of FY27. The company reported achieving a sales volume of 1,56,136 MT in Q1FY27.

The results show significant growth across comparative periods. Compared to Q1FY26, when sales were 1,24,027 MT, the company recorded a year-on-year (YoY) growth of 26%. On a quarter-on-quarter (QoQ) basis, sales volume increased by 6% from the 1,47,127 MT achieved in Q4FY28.

This robust growth was attributed to sustained demand across key sectors, including infrastructure, construction, and engineering segments. The company also cited its diversified product portfolio, expanded capacities, and strong customer relationships as contributing factors to the performance improvement.

Company Profile and Capacity Outlook​

Hi-Tech Pipes Limited has been a prominent steel processing entity in India for nearly four decades. It provides world class innovative products ranging from hollow sections and tubes to cold rolled coils and strips. The company's product lines also include specialized items such as road crash barriers, solar mounting structures, GP/GC Sheets, Color Coated Coils, and various other galvanised products.

The company operates eight state-of-the-art integrated manufacturing facilities located in Sikandrabad (UP), Sanand (Gujarat), Hindupur (AP) near Bangalore, and Khopoli (Maharashtra). These operations possess an installed capacity of 10,50,000 MTPA on a consolidated basis. Hi-Tech Pipes Limited is actively working toward achieving a 2 million Tones Capacity by FY29.

The company maintains a strong market presence across India, with direct marketing operational in over 20 states and a network comprising more than 550 Dealers and distributors nationwide.

HITECH Stock Price Movement​

Shares of Hi-Tech Pipes Limited are edging higher to ₹86.89 as of 10:47 AM today, climbing by 1.05% in live trading. The stock is seeing strong activity, with a volume of 174,013 shares changing hands.
 

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