Hariom Pipe Industries Limited

About

Hariom Pipe Industries Limited manufactures and sells iron and steel products in India. It offers mild steel pipes, tubes, and billets; hot and cold rolled square, rectangular, and circular pipes and tubes; hot dipped galvanized pipes; pre galvanized pipes; and cold rolled full hard, pre galvanized, hot rolled pickled and oiled, and cold rolled closed annealed slit coils. The company also provides scaffolding solutions, such as cuplocks, telescopic props/adjustable props/jacks, spans/acro spans/telescopic spans/adjustable spans, H frame systems, fixed base plates, adjustable base plates, stirrup head/universal jacks, spigot/joint pins, jalli/plank/platform products, and clamps/ couplers. It offers its products for various applications, including chemical, construction, automotive, manufacturing, infrastructure, steel manufacturing, ferroalloy production, powder metallurgy, furniture and interior design, fabrication, maintenance, events, metal fabrication, automotive parts manufacturing, industrial, irrigation, plumbing systems, agricultural machinery, roofing, industrial equipment, and transportation. Hariom Pipe Industries Limited was incorporated in 2007 and is based in Hyderabad, India.

Key Metrics

as of Sep 2026

Market Cap1,110 Cr

P/E16.20

Div Yield0.17 %

Book Value₹209.00

52w High₹572.00

52w Low₹268.00

Face Value₹10.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	429.00	507.00	363.00	336.00	461.00	400.00	300.00	314.00	343.00	331.00	280.00	302.00	240.00
Expenses	379.00	443.00	318.00	293.00	403.00	351.00	260.00	272.00	299.00	289.00	247.00	266.00	212.00
Operating Profit	50.00	64.00	45.00	43.00	58.00	49.00	40.00	42.00	45.00	42.00	33.00	36.00	28.00
OPM %	12.00	13.00	12.00	13.00	12.00	12.00	13.00	13.00	13.00	13.00	12.00	12.00	12.00
Other Income	2.00	9.00	1.00	1.00	1.00	0.00	0.00	1.00	1.00	1.00	2.00	1.00	1.00
Depreciation	15.00	17.00	18.00	16.00	14.00	14.00	13.00	12.00	12.00	10.00	10.00	9.00	5.00
Interest	13.00	14.00	14.00	13.00	12.00	12.00	12.00	10.00	11.00	10.00	11.00	7.00	4.00
Profit before tax	23.00	42.00	16.00	14.00	32.00	23.00	15.00	22.00	23.00	24.00	14.00	20.00	20.00
Tax %	25.00	28.00	25.00	27.00	27.00	26.00	27.00	27.00	23.00	29.00	29.00	27.00	22.00
Net Profit	17.00	30.00	12.00	10.00	24.00	17.00	11.00	16.00	18.00	17.00	10.00	15.00	15.00
EPS in Rs	5.61	9.75	3.75	3.36	7.62	5.57	3.63	5.09	5.66	5.81	3.55	5.35	5.59

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
Sales	1,667.00	1,604.00	1,360.00	644.00	431.00	254.00	161.00	134.00	105.00	87.00
Expenses	1,458.00	1,429.00	1,221.00	562.00	374.00	220.00	137.00	117.00	90.00	80.00
Operating Profit	209.00	175.00	139.00	82.00	56.00	34.00	23.00	17.00	15.00	7.00
OPM %	13.00	11.00	10.00	13.00	13.00	13.00	15.00	13.00	14.00	8.00
Other Income	13.00	3.00	5.00	1.00	3.00	1.00	0.00	0.00	0.00	1.00
Interest	54.00	45.00	33.00	10.00	8.00	8.00	7.00	3.00	3.00	3.00
Depreciation	65.00	50.00	34.00	9.00	8.00	6.00	5.00	2.00	3.00	2.00
Profit before tax	104.00	83.00	77.00	63.00	43.00	21.00	11.00	12.00	10.00	2.00
Tax %	27.00	26.00	27.00	26.00	25.00	29.00	30.00	31.00	36.00	33.00
Net Profit	76.00	62.00	57.00	46.00	32.00	15.00	8.00	8.00	6.00	2.00
EPS in Rs	24.49	19.93	19.68	16.73	18.83	8.92	5.98	6.21	5.94	9.47
Dividend Payout %	3.00	3.00	3.00	0.00	0.00	0.00	0.00	10.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
Equity Capital	31.00	31.00	29.00	28.00	17.00	17.00	13.00	13.00	11.00	2.00
Reserves	616.00	542.00	435.00	348.00	84.00	54.00	35.00	21.00	9.00	10.00
Borrowings	369.00	401.00	372.00	297.00	87.00	80.00	68.00	56.00	25.00	29.00
Other Liabilities	167.00	223.00	44.00	37.00	27.00	23.00	23.00	14.00	13.00	7.00
Total Liabilities	1,182.00	1,197.00	880.00	709.00	216.00	174.00	140.00	105.00	58.00	47.00
Fixed Assets	479.00	424.00	366.00	135.00	54.00	59.00	50.00	43.00	12.00	12.00
CWIP	15.00	12.00	13.00	103.00	10.00	8.00	0.00	0.00	1.00	0.00
Investments	9.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	680.00	761.00	501.00	471.00	152.00	107.00	90.00	62.00	46.00	36.00
Total Assets	1,182.00	1,197.00	880.00	709.00	216.00	174.00	140.00	105.00	58.00	47.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
Cash from Operating Activity	192.00	79.00	5.00	-101.00	4.00	10.00	1.00	6.00	7.00	4.00
Cash from Investing Activity	-110.00	-86.00	-182.00	-222.00	-4.00	-23.00	-12.00	-32.00	-4.00	0.00
Cash from Financing Activity	-107.00	31.00	74.00	426.00	0.00	12.00	9.00	30.00	-3.00	-4.00
Net Cash Flow	-26.00	24.00	-102.00	104.00	-1.00	-1.00	-2.00	4.00	0.00	0.00
Free Cash Flow	73.00	-25.00	-136.00	-323.00	-1.00	-13.00	-11.00	-26.00	3.00	3.00
CFO/OP %	103.00	53.00	17.00	-101.00	19.00	42.00	10.00	51.00	68.00	60.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
Debtor Days	41.00	46.00	33.00	49.00	23.00	28.00	52.00	29.00	36.00	23.00
Inventory Days	113.00	156.00	124.00	172.00	150.00	174.00	251.00	169.00	196.00	165.00
Days Payable	31.00	68.00	8.00	13.00	14.00	9.00	63.00	21.00	31.00	28.00
Cash Conversion Cycle	123.00	134.00	149.00	207.00	159.00	193.00	240.00	177.00	201.00	161.00
Working Capital Days	56.00	42.00	44.00	69.00	62.00	57.00	59.00	65.00	58.00	121.00
ROCE %	16.00	14.00	15.00	17.00	28.00	21.00	18.00	22.00	30.00	—

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	57.27	57.27	57.27	57.27	57.27	57.27	57.27	57.15	57.16	58.28	60.91	60.91
FIIs	10.25	9.50	9.23	9.53	9.59	9.49	9.40	9.55	10.10	6.51	2.58	2.81
DIIs	0.07	0.06	0.05	0.16	0.22	0.23	0.05	0.38	0.16	0.00	0.00	0.00
Public	32.43	33.19	33.46	33.06	32.93	33.02	33.30	32.93	32.59	35.21	36.52	36.28
No. of Shareholders	54,386	53,763	57,627	57,910	56,885	54,056	49,733	45,720	44,373	43,563	39,806	37,850

Corporate Actions

2 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Dividend	23 Sep 2025	23 Sep 2025	—	0.61
Dividend	13 Sep 2024	16 Sep 2024	—	0.60

Announcements

5 filings

Announcement under Regulation 30 (LODR)-Newspaper Publication
03 Sep 2026 3 Sep - Newspaper Advertisement - Pre-dispatch intimation of 19th Annual General Meeting scheduled on September 30, 2026, through VC/OAVM.
Announcement under Regulation 30 (LODR)-Change in Directorate
02 Sep 2026 2 Sep - Board reappointed Rupesh Gupta for 3 years, appointed Shailesh Gupta JMD, and fixed AGM for Sept. 30, 2026.
Board Meeting Outcome for Outcome Of The Board Meeting Held On September 02, 2026
02 Sep 2026 2 Sep - Board approved MD reappointment, JMD appointment, remuneration revisions, and 19th AGM on September 30, 2026.
Announcement under Regulation 30 (LODR)-Investor Presentation
14 Aug 2026 14 Aug - Investor Presentation on an Unaudited Financial Results for the quarter ended June 30, 2026.
Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Aug 2026 13 Aug - Newspaper Advertisement on Unaudited Financial results for the quarter ended June 30, 2026.