Hi-Tech Pipes Limited

Hi-Tech Pipes Limitedverified

HITECH.BO

Price:

$91.4

Market Cap:

$18.45B

Hi-Tech Pipes Limited manufactures and sells steel products for infrastructure, constructions, automobiles, energy, agriculture, defense, engineering, and telecom industries in India. It offers GI pipes for agriculture and poly houses; steel pipes that are used for firefighting in commercial buildings and housing projects, as well as railing, fencing, road signs, cladding, furniture and containers, solar mounting structure, roof top sheds, infrastructure, airport, and metro stations; casing pipes for use in borewell and water; structural pipes for poles and railings, scaffolding, casing columns, and telecom tower applications; cold rolled coils and strips, which are used in housing, automobi...[Read more]

Industry

Steel

IPO Date

2021-12-16

Stock Exchange

BSE

Ticker

HITECH.BO

The Current Ratio as of December 2025 (TTM) for Hi-Tech Pipes Limited (HITECH.BO) is 2.09

According to Hi-Tech Pipes Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.09. This represents a change of 86.77% compared to the average of 1.12 of the last 4 quarters.

Hi-Tech Pipes Limited (HITECH.BO) Historical Current Ratio (quarterly & annually)

How has HITECH.BO Current Ratio performed in the past?

The mean historical Current Ratio of Hi-Tech Pipes Limited over the last ten years is 1.43. The current 2.09 Current Ratio has changed 14.54% with respect to the historical average. Over the past ten years (40 quarters), HITECH.BO's Current Ratio was at its highest in in the March 2025 quarter at 2.38. The Current Ratio was at its lowest in in the January 2016 quarter at 0.

Quarterly (TTM)
Annual

Average

1.43

Median

1.32

Minimum

1.19

Maximum

2.38

Hi-Tech Pipes Limited (HITECH.BO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Hi-Tech Pipes Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 55.20%

Maximum Annual Current Ratio = 2.38

Minimum Annual Increase = -5.13%

Minimum Annual Current Ratio = 1.19

Quarterly (TTM)
Annual
YearCurrent RatioChange
20252.3855.20%
20241.545.29%
20231.462.19%
20221.434.25%
20211.3711.29%
20201.232.74%
20191.200.58%
20181.19-0.95%
20171.20-5.13%
20161.2710.47%

Hi-Tech Pipes Limited (HITECH.BO) Average Current Ratio

How has HITECH.BO Current Ratio performed in the past?

The current Current Ratio of Hi-Tech Pipes Limited (HITECH.BO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.79

5-year avg

1.64

10-year avg

1.43

Hi-Tech Pipes Limited (HITECH.BO) Current Ratio vs. Peers

How is HITECH.BO’s Current Ratio compared to its peers?

Hi-Tech Pipes Limited’s Current Ratio is greater than Venus Pipes and Tubes Limited (0), greater than Venus Pipes and Tubes Limited (0), greater than Rajratan Global Wire Limited (1.14), less than Steelcast Limited (5.85), less than JTL Industries Limited (4.17), less than JTL Industries Limited (4.17), greater than Mukand Limited (1.23), greater than Mukand Limited (1.23), greater than Man Industries (India) Limited (1.65), greater than Man Industries (India) Limited (1.65),

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