Hi-Tech Pipes (NSE:HITECH) Scaled Net Operating Assets: N/A (As of Mar. 2026)


NSE:HITECH Hi-Tech Pipes Ltd NSE:HITECH
89 GF Score
Price ₹89.44
GF Value ₹128.39
Valuation Possible Value Trap
! 6 Warning Signs
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What is Hi-Tech Pipes Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Hi-Tech Pipes's operating assets for the quarter that ended in Mar. 2026 was ₹19,366 Mil. Hi-Tech Pipes's operating liabilities for the quarter that ended in Mar. 2026 was ₹4,226 Mil. Hi-Tech Pipes's Total Assets for the quarter that ended in Dec. 2025 was ₹0 Mil. Therefore, Hi-Tech Pipes's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was N/A.

Hi-Tech Pipes Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Hi-Tech Pipes's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hi-Tech Pipes Scaled Net Operating Assets Chart

Hi-Tech Pipes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 0.90 1.07 1.20 0.86

Hi-Tech Pipes Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

NSE:HITECH vs NUE, STLD, RS: Scaled Net Operating Assets Comparison

For the Steel subindustry, Hi-Tech Pipes's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Hi-Tech Pipes Scaled Net Operating Assets vs Steel Industry

For the Steel industry and Basic Materials sector, Hi-Tech Pipes's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Hi-Tech Pipes's Scaled Net Operating Assets falls into.


NSE:HITECH
89GF Score
Hi-Tech Pipes Ltd NSE:HITECH
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Hi-Tech Pipes Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Hi-Tech Pipes's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(19366.198-4226.209)/17556.623
=0.86

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=20236.161 - 869.963
=19366.198

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6901.325 - 916.522 - 1758.594
=4226.209

Hi-Tech Pipes's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(19366.198-4226.209)/0
=N/A

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=20236.161 - 869.963
=19366.198

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6901.325 - 916.522 - 1758.594
=4226.209

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Is Hi-Tech Pipes (NSE:HITECH) Overvalued in 2026?

Based on GuruFocus' analysis, Hi-Tech Pipes stock appears to be undervalued. The current stock price of ₹89.44 is trading 30.3% below its estimated GF Value™ of ₹128.39. GuruFocus considers Hi-Tech Pipes to be Possible Value Trap.

Key valuation signals for NSE:HITECH:

  • Scaled Net Operating Assets: N/A
  • GF Value™: ₹128.39 vs. price of ₹89.44 (30.3% below fair value)
  • GF Score™: 89/100 with 6 warning signs

No single metric tells the full story. See the NSE:HITECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hi-Tech Pipes Business Description

Other Exchanges 543411:India
Address Ground Floor 10 Pearls Omaxe Tower, Netaji Subhash Place, Pitampura, New Delhi, IND, 110034
Hi-Tech Pipes Ltd manufactures and markets a wide range of steel tubes used in industries like infrastructure, telecom, defense, power distribution, railways, airports, construction, real estate, and automotive. Its products include Black Steel Tubes, Rectangular and Hollow sections, Galvanised Steel Tubes, Metal Beam Highway Crash Barriers, Cold Rolling Coils, Cold Formed Sections, Black Hollow Section and Round Pipes, Galvanized Pipes, Pre-Galvanized Pipes, and Cold Rolled Coils. The Indian steel pipes and tubes industry includes segments such as seamless, ERW, LSAW, HSAW, galvanized iron, ductile iron, and black steel pipes, which serve various applications ranging from high-pressure oil and gas pipelines to water supply and general engineering purposes.
89GF Score

Get the complete analysis for NSE:HITECH

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹89.44
Price
₹128.39
GF Value