Hi-Tech Pipes (NSE:HITECH) Tax Expense: ₹253 Mil (TTM As of Mar. 2026)


NSE:HITECH Hi-Tech Pipes Ltd NSE:HITECH
87 GF Score
Price ₹86.93
GF Value ₹128.71
Valuation Possible Value Trap
! 6 Warning Signs
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What is Hi-Tech Pipes Tax Expense?

Hi-Tech Pipes NSE:HITECH +3.08% 87 Tax Expense is ₹253 Mil as of Mar. 2026. GuruFocus rates NSE:HITECH with a GF Score™ of 87/100 and a GF Value™ of ₹128.71 (Possible Value Trap). The stock has 6 warning signs investors should review.

Hi-Tech Pipes's tax expense for the months ended in Mar. 2026 was ₹56 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹253 Mil.


Hi-Tech Pipes  (NSE:HITECH) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Hi-Tech Pipes Tax Expense Related Terms


Hi-Tech Pipes Tax Expense Historical Data

* Premium members only.

The historical data trend for Hi-Tech Pipes's Tax Expense 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 Tax Expense Chart

Hi-Tech Pipes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 149.96 122.02 147.56 250.37 253.07

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
Tax Expense 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 58.22 70.47 68.10 58.22 56.24
NSE:HITECH
87GF Score
Hi-Tech Pipes Ltd NSE:HITECH
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Hi-Tech Pipes Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹253 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Expense →
What does a Tax Expense of ₹253 Mil mean?
Hi-Tech Pipes (NSE:HITECH) has a Tax Expense of ₹253 Mil as of Mar. 2026. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Hi-Tech Pipes and its competitors.
Is Hi-Tech Pipes' Tax Expense too high?
Hi-Tech Pipes' current Tax Expense is ₹253 Mil. Overall, Hi-Tech Pipes has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hi-Tech Pipes' Tax Expense compare to NUE and STLD?
Hi-Tech Pipes' Tax Expense of ₹253 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Expense for a Steel company?
A good Tax Expense depends on the Steel industry context. However, Tax Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Hi-Tech Pipes and its competitors. Hi-Tech Pipes's current Tax Expense is ₹253 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hi-Tech Pipes stock overvalued right now?
Based on GuruFocus' analysis, Hi-Tech Pipes (NSE:HITECH) is currently considered Possible Value Trap. The stock's GF Value™ is ₹128.71, compared to a current price of ₹86.93 — trading 32.5% below its estimated fair value. The current Tax Expense is ₹253 Mil. Hi-Tech Pipes' overall GF Score™ is 87/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For Hi-Tech Pipes (NSE:HITECH), the current Tax Expense is ₹253 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

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 ₹86.93 is trading 32.5% below its estimated GF Value™ of ₹128.71. GuruFocus considers Hi-Tech Pipes to be Possible Value Trap.

Key valuation signals for NSE:HITECH:

  • Tax Expense: ₹253 Mil
  • GF Value™: ₹128.71 vs. price of ₹86.93 (32.5% below fair value)
  • GF Score™: 87/100 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.
87GF Score

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Tax Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹86.93
Price
₹128.71
GF Value