Hi-Tech Pipes Ltd commences Commercial Production at Kathua, Jammu

Hi-Tech Pipes Limited, one of India's leading manufacturers of steel tubes, hollow sections and value-added steel products, is pleased to announce the commencement of commercial production at its Greenfield manufacturing facility at Kathua, J&K.

The Kathua facility has an installed capacity of 80,000 tonnes per annum (MTPA) and is designed to manufacture ERW steel pipes as well as coated and other value-added steel products. The plant has been developed with modern manufacturing infrastructure, enhanced automation, and robust quality-control systems, enabling the Company to meet stringent customer specifications and evolving industry standards. With the commissioning of the Kathua facility, Hi-Tech Pipes is now very close to achieving 1 million tonnes of installed manufacturing capacity, reinforcing its position as one of the fastest-growing steel tube and pipe manufacturers in the country.

Strategically located in Jammu, the Kathua unit offers logistical and operational advantages, enabling efficient and cost-effective supply to customers across Jammu & Kashmir, Punjab, Himachal Pradesh. The facility is well positioned to cater to increasing demand from key end-use sectors such as infrastructure development, construction, water distribution, fabrication, industrial projects, and engineering applications.

The commissioning of this Greenfield plant aligns closely with the Company's strategic focus on increasing the share of value-added products (VAPs) in its overall sales mix. With greater emphasis on coated and specialized steel offerings, Hi-Tech Pipes expects to benefit from an improved product mix, enhanced realizations, and better EBITDA per tonne over the medium to long term. The newly commissioned capacity is expected to begin contributing meaningfully from mid of Q4FY26 onwards, supporting both volume growth and profitability.

The Jammu expansion further underscores the Company's long-term vision of building a future-ready, scalable, and efficient manufacturing platform, capable of supporting sustained growth while maintaining high standards of quality, operational excellence, and sustainability.

Commenting on the performance, Mr. Ajay Kumar Bansal, Chairman and Managing Director, Hi-Tech Pipes Ltd. "The commencement of commercial production at our Kathua, Jammu facility marks a significant milestone in Hi-Tech Pipes' growth journey. This strategically located Greenfield plant not only strengthens our presence in the northern region but also brings us very close to the landmark of 1 million tonnes of installed capacity.

The Kathua unit is focused on value-added and coated products, which aligns strongly with our long-term objective of improving margins, enhancing our product portfolio, and supporting infrastructure-led development across emerging and underserved regions. As we continue to expand our national footprint, we remain committed to operational excellence, technology-driven manufacturing, and sustainable growth, with a clear focus on creating long-term value for all stakeholders."

Shares of Hi-Tech Pipes Limited was last trading in BSE at Rs. 173.45 as compared to the previous close of Rs. 175.40. The total number of shares traded during the day was 104680 in over 2099 trades.

The stock hit an intraday high of Rs. 177.50 and intraday low of 172.60. The net turnover during the day was Rs. 18250003.00.

Source : Equity Bulls

Keywords

HiTechPipes INE106T01017 CommercialProduction Kathua