NSE ScannerComparison · NSE · data 2026-10-31
Hi-Tech Pipes Ltd. vs MSP Steel & Power Limited
In plain words
Size: MSP Steel & Power Limited is about 1.2 times the market value of Hi-Tech Pipes Ltd..
Valuation (P/E): MSP Steel & Power Limited 45.5 vs Hi-Tech Pipes Ltd. 18.5.
Return on equity: Hi-Tech Pipes Ltd. 5.9% vs MSP Steel & Power Limited 3.4%.
Debt to equity: MSP Steel & Power Limited 0.31 vs Hi-Tech Pipes Ltd. 0.2.
Differences in the numbers, not a recommendation of either stock.
Side by side
| HITECH | MSPL | |
|---|---|---|
| Price | ₹68.44 | ₹29.64 |
| Market cap | ₹1,390 cr | ₹1,677 cr |
| P/E | 18.5 | 45.5 |
| P/B | — | — |
| ROE | 5.9% | 3.4% |
| ROCE | 10.4% | 11.1% |
| Debt / equity | 0.2 | 0.31 |
| Operating margin | 3.2% | 4.4% |
| Dividend yield | 0.04% | 0.00% |
| Sales growth, 3 years (yearly) | 20.8% | 3.7% |
| Profit growth, 3 years (yearly) | 26.4% | — |
| 1-year return | -40.9% | -13.8% |
| Revenue, last 12 months | ₹4,822 cr | ₹2,959 cr |
| Net profit, last 12 months | ₹75 cr | ₹38 cr |
| Latest quarter | — | — |
| Quarter net profit | — | — |
| Quarter profit vs a year earlier | — | — |
| Promoter holding | 43.43% | 45.12% |
| Health check | Average (5.5/10) | Weak (3.2/10) |
Common questions
Which has a higher P/E, Hi-Tech Pipes Ltd. or MSP Steel & Power Limited?
MSP Steel & Power Limited trades at the higher P/E (45.5 against 18.5). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Hi-Tech Pipes Ltd. (5.9% against 3.4%).
Which carries more debt?
MSP Steel & Power Limited has the higher debt-to-equity ratio (0.31 against 0.2).