Hi-Tech Pipes Limited (NSE:HITECH)

Hi-Tech Pipes Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	834.89	216.58	358.16	23.33	18.89	9.03
Short-Term Investments	-	477.87	1,207	-	-	-
Cash & Short-Term Investments	834.89	694.45	1,565	23.33	18.89	9.03
Cash Growth	-46.72%	-55.64%	6608.36%	23.53%	109.11%	42.48%
Accounts Receivable	5,800	4,490	3,027	2,802	1,855	1,674
Other Receivables	-	365.31	246.29	305.01	248.76	154.47
Receivables	5,800	4,855	3,273	3,107	2,104	1,829
Inventory	6,765	5,656	3,843	3,467	3,068	2,594
Prepaid Expenses	-	34.52	165.67	8.51	10.39	8.29
Restricted Cash	-	175.51	261.06	236.59	192.78	161.71
Other Current Assets	2,154	697.39	1,331	313.78	119.69	302.03
Total Current Assets	15,554	12,113	10,439	7,156	5,513	4,904
Property, Plant & Equipment	8,156	7,184	5,859	4,167	3,229	2,679
Long-Term Investments	45.51	45.34	38.12	25.5	17	0
Goodwill	181.66	181.66	-	-	-	-
Other Intangible Assets	0.14	0.29	2.99	5.34	5.65	0.2
Other Long-Term Assets	1,506	658.55	1,174	433.92	389.77	66.3
Total Assets	25,496	20,236	17,557	11,787	9,155	7,693

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	7,373	3,679	2,497	1,573	1,742	796.61
Accrued Expenses	-	31.15	31.94	27.74	29.19	24.14
Short-Term Debt	-	1,679	1,537	2,593	1,411	2,176
Current Portion of Long-Term Debt	1,556	79.58	123.95	364.92	383.54	289.2
Current Portion of Leases	47.63	3.12	-	-	-	-
Current Income Taxes Payable	53.98	183.98	204.42	104.65	46.33	90.78
Other Current Liabilities	127.92	-67.94	-15.92	-5.52	167.51	57.75
Total Current Liabilities	9,158	5,588	4,378	4,658	3,779	3,435
Long-Term Debt	1,635	661.43	254.68	1,065	940.27	1,469
Long-Term Leases	248.25	255.1	-	-	-	-
Pension & Post-Retirement Benefits	-	13.01	17.39	14.59	11.79	9.47
Long-Term Deferred Tax Liabilities	371.01	346.9	296.05	260.91	219.54	183.54
Other Long-Term Liabilities	50.12	37.1	36.56	25.03	23.53	10.59
Total Liabilities	11,463	6,901	4,983	6,023	4,974	5,107

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	203.11	203.11	203.11	149.89	127.81	122.71
Additional Paid-In Capital	-	8,959	8,959	2,473	967.63	619.81
Retained Earnings	-	4,100	3,338	2,614	2,177	1,805
Comprehensive Income & Other	13,831	73.13	73.13	526.82	908.72	38.53
Shareholders' Equity	14,034	13,335	12,574	5,764	4,181	2,586
Total Liabilities & Equity	25,496	20,236	17,557	11,787	9,155	7,693

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	3,486	2,678	1,915	4,023	2,735	3,934
Net Cash (Debt)	-2,651	-1,984	-349.85	-4,000	-2,716	-3,925
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-13.02	-9.77	-1.91	-24.45	-15.63	-32.89
Filing Date Shares Outstanding	203.39	203.11	203.11	149.89	127.81	122.71
Total Common Shares Outstanding	203.39	203.11	203.11	149.89	127.81	122.71
Working Capital	6,396	6,525	6,060	2,497	1,734	1,469
Book Value Per Share	69.00	65.65	61.91	38.45	32.71	21.08
Tangible Book Value	13,852	13,153	12,571	5,758	4,175	2,586
Tangible Book Value Per Share	68.11	64.76	61.89	38.42	32.67	21.07
Land	-	639.24	607.13	451.52	348.35	324.75
Buildings	-	1,926	962.56	938.92	772.57	552.98
Machinery	-	4,256	3,243	2,838	2,277	1,914
Construction In Progress	-	1,029	1,937	623	364.07	289.67

Data Source: S&P Global Market Intelligence Last updated: Nov 5, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 11, 2026

Data Sources Report a data error