HI-TECH PIPES LIMITED

During the earnings conference call held on August 13, 2026, management reported that Hi-Tech Pipes Limited started FY27 with strong growth in volumes, revenue, and EBITDA despite challenges from the Iran war. The company achieved sales volume of 156,136 metric tons in Q1 FY27, a 26% increase year-on-year, and reported revenue of INR 1,413 crores, up 79% from the previous year. Profit after tax was INR 20 crores, slightly down from INR 20.92 crores in Q1 FY26. Management highlighted ongoing expansion initiatives, aiming for a capacity of 2 million tons by FY29, with significant projects progressing as planned. The company also noted strong demand in the infrastructure and construction sectors and expressed optimism about future growth opportunities, particularly in the solar and data center segments. The call concluded with management thanking stakeholders for their support.

Management emphasized strong growth and ongoing expansion initiatives.