Q1 2025 Hi-Tech Pipes Ltd Earnings Call Transcript
Key Points
- Achieved a record-breaking sales volume of 1,22,000 tons, marking a 45% increase compared to Q1 FY 24.
- Revenue rose impressively by 35%, reaching an all-time high of INR 867 crores.
- EBITDA more than doubled, increasing by 101% to INR 42.69 crores.
- Profit after tax surged by 125%, climbing to INR 18.05 crores.
- Successfully supplied steel pipes for prestigious projects like Noida International Airport and Cobra Solar Park.
- Price volatility in the domestic and international markets posed challenges.
- The election quarter in India led to a slowdown in government activities.
- Sharp correction in steel prices over the last couple of months impacted inventory valuation.
- Current capacity utilization is at 64-65%, with peak utilization capped at 70%.
- The company is conservative in its EBITDA per tonne guidance due to volatile steel prices.
Ladies and gentlemen, good day, and welcome to Hi-Tech Pipes Ltd Earnings Conference Call hosted by Antique Stock Broking Limited. (Operator Instructions) I now hand the conference over to Mr. Pallav Agarwal from Antique Stock Broking Limited. Thank you, and over to you, sir.
Yes, thank you. Good morning, everyone, and warm welcome to the First Quarter Results Call of high-tech pipes. We have the senior management of the company represented by Mr. Anish Bansal the CEO, and Mr. Arvind Bansal, the Group CFO. So I would now like to hand over the call to Mr. Anish Bansal for his opening comments, and over to you, sir.
Thank you, Pallav, and good morning, everyone, and thank you for being with us today. It is an honor to address you and shares the remarkable strides our Company has made over the past few years as we reflect on our journey and our achievements, I'm proud to say that we have solidified our position as a leading
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