Hi-Tech Pipes Limited
HITECH
Rank in Stocks
#17563
Hi-Tech Pipes Limited, headquartered in New Delhi, India, operates as a leading... Hi-Tech Pipes Limited, headquartered in New Delhi, India, operates as a leading manufacturer and supplier of a comprehensive array of steel-based products. The company primarily serves a diverse range of critical sectors across India, including infrastructure development, construction, automotive, energy, agriculture, defense, engineering, and telecommunications. Its extensive product portfolio includes ERW black steel pipes and tubes, which are utilized for purposes such as fencing, utility lines, scaffolding, conveyance of water and gas, oil country tubular goods, hand pumps, mining operations, thermal power plants, telecom infrastructure, automotive components, and agricultural equipment. Hi-Tech Pipes also offers rectangular and hollow sections, alongside galvanized and pre-galvanized steel pipes and tubes. A significant offering comprises metal beam crash barriers, essential for safety applications on national highways, expressways, bridges, flyovers, embankments, mining sites, high-traffic urban areas, motor racing tracks, rural roads, crash test facilities, industrial premises, airport safety zones, facilities handling hazardous chemicals, and multi-story parking structures. Additionally, the company produces cold rolled sheets and strips, vital for manufacturing precision tubes, containers, bicycles, furniture, color-coated materials, galvanized and tinned products, and automotive body panels. Other specialized products include cold formed sections, solar panel mounting structures, and various other galvanized items. Hi-Tech Pipes maintains a robust distribution network comprising around 200 distributors and 300 dealers across India, and also actively exports its products internationally. Established in 1985, the company originally operated under the name Ram Lal Harbans Lal Limited before adopting its current identity, Hi-Tech Pipes Limited, in October 1986.
Share Price
$0.80641168
Last synced: 2026-11-09
Market Cap
$163.47M
Change (1 day)
-1.85%
Change (1 year)
-33.06%
Country
Stock data: Financial Modeling PrepΒ·Updated Β·Not investment adviceΒ·How we calculate this
Trade Hi-Tech Pipes Limited (HITECH)
Category
Basic Materials
Operating Margin for Hi-Tech Pipes Limited (HITECH)
Operating Margin as of November 2026 TTM: 3.18%
According to Hi-Tech Pipes Limited's latest financial reports, its current operating margin (TTM) is 3.18%. At the end of 2025 the company had an operating margin of 4.53%.
Operating Margin history for Hi-Tech Pipes Limited from 2013 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 3.18% | -29.80% |
| 2025 | 4.53% | -39.84% |
| 2024 | 7.53% | 103.51% |
| 2023 | 3.70% | -22.43% |
| 2022 | 4.77% | 3.92% |
| 2021 | 4.59% | 8.77% |
| 2020 | 4.22% | -15.43% |
| 2019 | 4.99% | -7.25% |
| 2018 | 5.38% | 130.90% |
| 2017 | 2.33% | 16.50% |
| 2016 | 2.00% | 21.21% |
| 2015 | 1.65% | -59.06% |
| 2014 | 4.03% | 4.40% |
| 2013 | 3.86% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 13.25% | -95.83% |
US
|
|
| 4.26% | -98.66% |
LU
|
|
| 13.00% | -95.91% |
IN
|
|
| 12.02% | -96.22% |
US
|
|
| 19.95% | -93.73% |
IN
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.
Questions about Hi-Tech Pipes Limited's operating margin
What is Hi-Tech Pipes Limited's operating margin?
Hi-Tech Pipes Limited's operating margin is 3.18%, as of Nov 2026.
What was Hi-Tech Pipes Limited's operating margin in 2025?
In 2025, Hi-Tech Pipes Limited's operating margin was 4.53%, compared with 7.53% in 2024.
How has Hi-Tech Pipes Limited's operating margin changed since 2020?
From 2020 to 2025, Hi-Tech Pipes Limited's operating margin was highest in 2024 (7.53%) and lowest in 2023 (3.70%).
How does Hi-Tech Pipes Limited's operating margin compare with similar companies?
Hi-Tech Pipes Limited's operating margin (3.18%) is lower than that of all 5 similar companies listed above. The highest among them is Tata Steel Limited, with 19.95%.