Integrated Filing — IndAS



General information about company
Scrip Code 543411
NSE Symbol HITECH
MSEI Symbol NOTLISTED
ISIN INE106T01025
Name of company HI-TECH PIPES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 26-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 17-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Manufacturing of ERW Steel Tubes and Pipes
Start date and time of board meeting 26-May-2025   11:30:00
End date and time of board meeting 26-May-2025   13:36:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Unaudited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 7337440000 30676362000
Other income 110000 18887000
Total income 7337550000 30695249000
2 Expenses
(a) Cost of materials consumed 5990567000 25879462000
(b) Purchases of stock-in-trade 751234000 2406501000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 29472000 -448485000
(d) Employee benefit expense 75879000 331928000
(e) Finance costs 66027000 430125000
(f) Depreciation, depletion and amortisation expense 42550000 209224000
(f) Other Expenses
1 Other expenses 140999000 906632000
Total other expenses 140999000 906632000
Total expenses 7096728000 29715387000
3 Total profit before exceptional items and tax 240822000 979862000
4 Exceptional items 0 0
5 Total profit before tax 240822000 979862000
6 Tax expense
7 Current tax 45982000 204291000
8 Deferred tax 18503000 46080000
9 Total tax expenses 64485000 250371000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 176337000 729491000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 176337000 729491000
17 Other comprehensive income net of taxes -1394000 -896000
18 Total Comprehensive Income for the period 174943000 728595000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 203108000 203108000
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve 12370439000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.95 3.98
Diluted earnings (loss) per share from continuing operations 0.95 3.98
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.95 3.98
Diluted earnings (loss) per share from continuing and discontinued operations 0.95 3.98
24 Debt equity ratio 0.0015 0.0015
25 Debt service coverage ratio 0.0291 0.0291
26 Interest service coverage ratio 0.0328 0.0328
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 3921793000
Capital work-in-progress 1937090000
Investment property 0
Goodwill 0
Other intangible assets 2991000
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 38116000
Trade receivables, non-current 0
Loans, non-current 43510000
Other non-current financial assets 57281000
Total non-current financial assets 138907000
Deferred tax assets (net)
Other non-current assets 1117197000
Total non-current assets 7117978000
2 Current assets
Inventories 3842606000
Current financial asset
Current investments 0
Trade receivables, current 3026935000
Cash and cash equivalents 358156000
Bank balance other than cash and cash equivalents 1468232000
Loans, current 0
Other current financial assets 0
Total current financial assets 4853323000
Current tax assets (net)
Other current assets 1742716000
Total current assets 10438645000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 17556623000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 203108000
Other equity 12370439000
Total equity attributable to owners of parent 12573547000
Non controlling interest
Total equity 12573547000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 254682000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities 36228000
Total non-current financial liabilities 290910000
Provisions, non-current 17727000
Deferred tax liabilities (net) 296053000
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 604690000
Current liabilities
Current financial liabilities
Borrowings, current 1536544000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 4847000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 2492601000
Total Trade payable 2497448000
Other current financial liabilities 127019000
Total current financial liabilities 4161011000
Other current liabilities 102933000
Provisions, current 56474000
Current tax liabilities (Net) 57968000
Deferred government grants, Current 0
Total current liabilities 4378386000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 4983076000
Total equity and liabilites 17556623000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Unaudited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Unaudited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurements of post employment benefit obligation -1863000 -1197000
Total Amount of items that will not be reclassified to profit and loss -1863000 -1197000
2 Income tax relating to items that will not be reclassified to profit or loss -469000 -301000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income -1394000 -896000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 979862000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 430125000
Adjustments for decrease (increase) in inventories -376023000
Adjustments for decrease (increase) in trade receivables, current -225153000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -1115428000
Adjustments for decrease (increase) in other non-current assets -75000
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 924470000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 53290000
Adjustments for increase (decrease) in other non-current liabilities 23797000
Adjustments for depreciation and amortisation expense 209224000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 0
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 0
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 16064000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items -1197000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -93034000
Net cash flows from (used in) operations 886828000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 188535000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 698293000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 75000
Purchase of property, plant and equipment 1899109000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 43510000
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 16164000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -1974349000
Net cash flows from (used in) investing activities -3900729000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 4724138000
Proceeds from issuing other equity instruments 1361078000
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 2114798000
Payments of lease liabilities 0
Dividends paid 4004000
Interest paid 430124000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 968000
Net cash flows from (used in) financing activities 3537258000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 334822000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 334822000
Cash and cash equivalents cash flow statement at beginning of period 23334000
Cash and cash equivalents cash flow statement at end of period 358156000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s A. N. Garg & Co. Yes 30-Nov-2026