Multibagger Stock Holds Ground Amid Market Dip as Five-Year Gains Near 1,100% – Do You Own?

Hi-Tech Pipes reported revenue of ₹734 crore in Q4FY25, a 7.74 per cent increase from ₹681 crore in the same quarter last year. Profit rose to ₹17.63 crore, up from ₹11.12 crore — a 59 per cent year-on-year increase. Although EBITDA remained largely flat at ₹34.93 crore, sales volumes rose to 1,16,032 MT.

For the full financial year FY25, revenue jumped 14 per cent to ₹3,068 crore from ₹2,699 crore in FY24. Net profit rose 66 per cent to ₹72.95 crore, while EBITDA surged by 39.33 per cent to ₹160.03 crore. Sales volumes for FY25 rose to a record 4,85,447 MT, up 24 per cent from the previous year.

Price Volatility and Outlook

Despite its impressive long-term gains, Hi-Tech Pipes’ stock has seen some correction. It fell approximately 20 per cent over the past year, touching a 52-week low of ₹84.80 on 9 May 2025. This contrasts sharply with its 52-week high of ₹210.85 on 23 September 2024.

Short-term price action has been volatile. After the Q4 results, the stock fell 2.5 per cent on the same day but gained over 3 per cent across the following two sessions, only to retreat again by nearly 3 per cent in the next two days.

Analysts say that while some consolidation is underway, strong operational performance and capacity expansion plans could act as long-term growth catalysts.

Investor Takeaway

Hi-Tech Pipes’ steady performance amidst broader market softness suggests continued institutional and retail interest in small-cap industrial stocks with long-term earnings visibility. The strong full-year results, record sales volumes, and product diversification have reinforced its credentials as a multibagger, although investors must remain cautious of short-term volatility.