Hi-Tech Pipes shares jumped 4% following the company's announcement of record quarterly sales performance, with the stock hitting intraday highs of ₹80.10 before paring some gains to trade 2.10% up at ₹78.74 as of 10:21 am. According to CNBC TV18, the positive market response reflects investor confidence in the company's operational improvements and future growth prospects in the steel pipes and tubes sector. The stock has declined more than 31% over the past six months, making the recent gains particularly significant for shareholders.
Hi-Tech Pipes achieved its highest-ever quarterly sales volume of 1,47,125 metric tonne (mt) in Q4 FY26, representing a 27% year-on-year increase from 1,16,032 mt recorded in the same quarter last year. As reported by CNBC TV18, the company also posted an 8% sequential rise over Q3FY26, which had recorded volumes of 1,36,067 mt. Managing Director Ajay Kumar Bansal attributed the performance to improved operational efficiency and capacity utilisation, with the company's focus on operational efficiency, better capacity utilisation and expanding market presence driving the record volumes.
For the full financial year FY26, Hi-Tech Pipes clocked total sales volumes of 5,32,437 mt, up roughly 10% from 4,85,447 mt in FY25 — also a record annual figure for the company. As reported by CNBC TV18, Managing Director Ajay Kumar Bansal said the record quarterly and annual volumes reflect the company's focus on operational efficiency, better capacity utilisation and expanding market presence. The company cited a strengthening market presence as a key factor behind the sustained volume growth across the financial year, with the company expressing optimism about demand outlook and being well-positioned to sustain this growth momentum going forward.
Hi-Tech Pipes operates multiple manufacturing facilities across India with a consolidated installed capacity of over 1 million tonnes per annum. According to CNBC TV18, the company manufactures ERW steel tubes and pipes along with allied products, with its product portfolio spanning ERW pipes, hollow sections, cold rolled coils and strips, GP/GC sheets, colour coated coils, road crash barriers and solar mounting structures. The company maintains a direct marketing presence across more than 20 States through a network of over 550 dealers and distributors.
