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Hi Tech Pipes Ltd vs Newmalayalam Steel Ltd Stock Comparison

Hi Tech Pipes Ltd vs Newmalayalam Steel Ltd Stock Comparison

Last Updated on: May 20, 2025

Key Highlights

  • The Latest Trading Price of Hi-Tech Pipes Ltd is ₹ 96.48 as of 20 May 09:51.
  • The P/E Ratio of Hi-Tech Pipes Ltd changed from 3.9 on March 2020 to 47.7 on March 2024 . This represents a CAGR of 65.00% over 5 yearsThe P/E Ratio of Newmalayalam Steel Ltd changed from 0 on March 2020 to 0 on March 2024 . This represents a CAGR of 0.0% over 5 years.
  • The Market Cap of Hi-Tech Pipes Ltd changed from ₹ 78.72 crore on March 2020 to ₹ 2092 crore on March 2024 . This represents a CAGR of 92.71% over 5 yearsThe Market Cap of Newmalayalam Steel Ltd changed from ₹ 0 crore on March 2020 to ₹ 0 crore on March 2024 . This represents a CAGR of 0.0% over 5 years.
  • The revenue of Hi-Tech Pipes Ltd for the Dec '24 is ₹ 761.4 crore as compare to the Sep '24 revenue of ₹ 706.87 crore. This represent the growth of 7.71% The revenue of Newmalayalam Steel Ltd for the Dec '24 is ₹ 0 crore as compare to the Sep '24 revenue of ₹ 0 crore. This represent the decline of 0%.
  • The ebitda of Hi-Tech Pipes Ltd for the Dec '24 is ₹ 40.61 crore as compare to the Sep '24 ebitda of ₹ 43.15 crore. This represent the decline of -5.89% The ebitda of Newmalayalam Steel Ltd for the Dec '24 is ₹ 0 crore as compare to the Sep '24 ebitda of ₹ 0 crore. This represent the decline of 0%.
  • The net profit of Hi-Tech Pipes Ltd changed from ₹ 8.02 crore to ₹ 19.15 crore over 7 quarters. This represents a CAGR of 64.44% The net profit of Newmalayalam Steel Ltd changed from ₹ 0 crore to ₹ 0 crore over 7 quarters. This represents a CAGR of 0.0% .
  • The Dividend Payout of Hi-Tech Pipes Ltd changed from 1.95 % on March 2020 to 1.11 % on March 2024 . This represents a CAGR of -10.66% over 5 yearsThe Dividend Payout of Newmalayalam Steel Ltd changed from 0 % on March 2020 to 0 % on March 2024 . This represents a CAGR of 0.0% over 5 years.

Share Price

* All values are in Rupees

P/E Ratio Over Time

No data available

Market Cap Over Time

No data available

* All values are in crore

Historical Share Prices

* All values are in Rupees

Revenue Over Time

No data available

* All values are in crore

EBITDA Over Time

No data available

* All values are in crore

Net Profit Over Time

No data available

* All values are in crore

Dividend Payout Over Time

No data available

* All values are in %

About Hi-Tech Pipes Ltd

  • Hi-Tech Pipes Limited, (formerly known as Ram Lal Harbans Lal Limited) was incorporated in 1985.
  • The status was converted to Public Limited and the Company was renamed to Hi-Tech Pipes Limited in October, 1986.
  • The Company serves Infrastructure, Constructions, Automobiles, Energy, Agriculture, Oil & Gas, Defense, Engineering& Telecom industries.
  • It is a Multi Product company marking its presence in steel pipes, hollow sections, tubes, cold rolled coils & strips, road crash barriers, solar mounting structures and a variety of other galvanised products.
  • The end uses of these products are in high-rise buildings, metro stations, bridges, dams, refineries, telecom, airports, highways, power projects etc. The Company works with the objective of providing customer satisfaction through superior quality products.

About Newmalayalam Steel Ltd

  • Newmalayalam Steel Ltd was incorporated on March 31, 2017 as NewMalayalam Steel Private Limited', a Private Limited Company pursuant to a Certificate of Incorporation issued by Registrar of Companies, Central Registration Centre.
  • Further, Company was converted into a Public Limited Company and consequently the Company name got changed to NewMalayalam Steel Limited' and a fresh Certificate of Incorporation dated February 1, 2024 was issued by the Registrar of Companies, Central Processing Centre. The Company is engaged in the business of manufacturing galvanised pipes, tubes, and sheets.
  • Owing to the consistent efforts of the Promoters, the Company has been able to create a brand presence in Kerala, under the name of Demac Steel'. The Company took over the entire business of M/s.
  • Demac Steel on a going concern basis, through the Business Transfer Agreement in August 2017.

Hi-Tech Pipes Ltd News Hub

News

Hi-Tech Pipes to table results

Hi-Tech Pipes will hold a meeting of the Board of Directors of the Company on 26 May 2025....

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19 May 2025 11:41

News

Hi-Tech Pipes registers 24% YoY increase in FY25 sales volume; quartely sales at 1,16,032 MT

The company's annual sales volume for FY24 was 3,91,147 MT. According to the company, the ...

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02 Apr 2025 14:17

News

Hi-Tech Pipes records 24% growth in FY25 sales

Hi-Tech Pipes reported strong sales performance for Q4 FY25 and fiscal year ended 31st Mar...

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01 Apr 2025 20:09

News

Hi-Tech Pipes to convene board meeting

Hi-Tech Pipes will hold a meeting of the Board of Directors of the Company on 12 February ...

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05 Feb 2025 10:52

News

Hi-Tech Pipes' Q3 sales volume rises 26% YoY to 1,24,233 MT

For the nine months ended FY25, sales volumes added up to 3,69,415 MT, representing an inc...

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02 Jan 2025 11:18

News

Hi-Tech Pipes receives upgrade in credit ratings

Hi-Tech Pipes has received upgrade in credit ratings for bank facilities as under: Fund ba...

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16 Dec 2024 09:31

Newmalayalam Steel Ltd News Hub

News

NSE SME NewMalayalam Steel makes a poor debut

The scrip was listed at Rs 90, same as the initial public offer (IPO) price. The stock was...

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27 Dec 2024 12:01

SWOT Analysis Of Hi-Tech Pipes Ltd

Strength

1

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Hi-Tech Pipes Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

FAQs for the comparison of Hi-Tech Pipes Ltd and Newmalayalam Steel Ltd

Which company has a larger market capitalization, Hi-Tech Pipes Ltd or Newmalayalam Steel Ltd?

Market cap of Hi-Tech Pipes Ltd is 1,932 Cr while Market cap of Newmalayalam Steel Ltd is 53 Cr

What are the key factors driving the stock performance of Hi-Tech Pipes Ltd and Newmalayalam Steel Ltd?

The stock performance of Hi-Tech Pipes Ltd and Newmalayalam Steel Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Hi-Tech Pipes Ltd and Newmalayalam Steel Ltd?

As of May 20, 2025, the Hi-Tech Pipes Ltd stock price is INR ₹95.14. On the other hand, Newmalayalam Steel Ltd stock price is INR ₹31.05.

How do dividend payouts of Hi-Tech Pipes Ltd and Newmalayalam Steel Ltd compare?

To compare the dividend payouts of Hi-Tech Pipes Ltd and Newmalayalam Steel Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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