Indian Hume Pipe Company Ltd
The Indian Hume Pipe Co. Ltd. was incorporated in 1926. The Company is in the business of manufacturing, laying and joining of pipelines. The Company has also been undertaking infrastructure development programmes by way of execution on turnkey basis the combined water supply projects. The company also manufactures and supplies Concrete Railway Sleepers to Indian Railways. [1]
- Market Cap ₹ 1,622 Cr.
- Current Price ₹ 308
- High / Low ₹ 490 / 280
- Stock P/E 17.5
- Book Value ₹ 282
- Dividend Yield 0.58 %
- ROCE 9.14 %
- ROE 6.48 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 1.09 times its book value
Cons
- The company has delivered a poor sales growth of 1.01% over past five years.
- Company has a low return on equity of 8.22% over last 3 years.
- Earnings include an other income of Rs.109 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Manufacturing Industrial Products
Part of BSE Industrials
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,010 | 939 | 1,792 | 1,521 | 1,646 | 1,624 | 1,241 | 1,520 | 1,543 | 1,389 | 1,491 | 1,306 | |
| 900 | 842 | 1,586 | 1,370 | 1,459 | 1,433 | 1,116 | 1,364 | 1,400 | 1,206 | 1,296 | 1,160 | |
| Operating Profit | 110 | 97 | 206 | 152 | 186 | 190 | 125 | 157 | 143 | 182 | 195 | 146 |
| OPM % | 11% | 10% | 12% | 10% | 11% | 12% | 10% | 10% | 9% | 13% | 13% | 11% |
| 13 | 3 | 3 | 3 | 12 | 5 | 27 | 5 | 22 | 9 | 554 | 109 | |
| Interest | 48 | 45 | 46 | 43 | 54 | 77 | 76 | 66 | 77 | 74 | 71 | 47 |
| Depreciation | 12 | 10 | 11 | 11 | 12 | 18 | 20 | 17 | 16 | 14 | 15 | 20 |
| Profit before tax | 62 | 45 | 153 | 100 | 132 | 100 | 57 | 78 | 72 | 103 | 663 | 188 |
| Tax % | 33% | 35% | 35% | 34% | 35% | 27% | 26% | 26% | 23% | 25% | 16% | 25% |
| 42 | 29 | 100 | 66 | 86 | 73 | 42 | 58 | 56 | 78 | 558 | 141 | |
| EPS in Rs | 8.59 | 6.01 | 20.57 | 13.64 | 17.82 | 15.15 | 8.67 | 11.93 | 11.50 | 14.74 | 105.93 | 26.79 |
| Dividend Payout % | 17% | 27% | 17% | 25% | 20% | 13% | 23% | 17% | 17% | 10% | 5% | 19% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 1% |
| 3 Years: | -5% |
| TTM: | -12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 18% |
| 3 Years: | 19% |
| TTM: | -8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 12% |
| 3 Years: | 30% |
| 1 Year: | -25% |
| Return on Equity | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 8% |
| 3 Years: | 8% |
| Last Year: | 6% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 11 | 11 | 11 |
| Reserves | 282 | 302 | 390 | 443 | 510 | 559 | 593 | 641 | 686 | 819 | 1,366 | 1,474 |
| 306 | 318 | 268 | 342 | 474 | 672 | 560 | 587 | 633 | 511 | 458 | 417 | |
| 415 | 439 | 605 | 746 | 796 | 783 | 732 | 736 | 852 | 741 | 902 | 902 | |
| Total Liabilities | 1,007 | 1,063 | 1,274 | 1,541 | 1,790 | 2,024 | 1,894 | 1,973 | 2,181 | 2,081 | 2,736 | 2,804 |
| 75 | 73 | 78 | 77 | 90 | 142 | 126 | 127 | 114 | 115 | 153 | 147 | |
| CWIP | 0 | 3 | 1 | 2 | 18 | 1 | 1 | 0 | 0 | 1 | 1 | 1 |
| Investments | 1 | 0 | 3 | 2 | 3 | 2 | 3 | 4 | 4 | 76 | 180 | 401 |
| 931 | 987 | 1,192 | 1,459 | 1,679 | 1,878 | 1,764 | 1,842 | 2,063 | 1,888 | 2,402 | 2,254 | |
| Total Assets | 1,007 | 1,063 | 1,274 | 1,541 | 1,790 | 2,024 | 1,894 | 1,973 | 2,181 | 2,081 | 2,736 | 2,804 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -4 | 46 | 152 | -31 | -5 | -32 | 185 | 56 | 19 | 213 | 204 | 294 | |
| 6 | -10 | -21 | -18 | -54 | -60 | -9 | -15 | 11 | -68 | -67 | -151 | |
| 4 | -48 | -42 | -10 | 71 | 55 | -171 | -93 | -62 | -37 | -108 | -106 | |
| Net Cash Flow | 6 | -12 | 89 | -59 | 12 | -36 | 4 | -51 | -31 | 108 | 29 | 37 |
| Free Cash Flow | -0 | 35 | 133 | -42 | -44 | -76 | 182 | 52 | 17 | 210 | 697 | 345 |
| CFO/OP | 12% | 72% | 96% | 7% | 21% | 0% | 162% | 53% | 23% | 131% | 114% | 227% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 121 | 130 | 82 | 114 | 133 | 141 | 163 | 169 | 176 | 174 | 159 | 136 |
| Inventory Days | 1,094 | 1,682 | 190 | 118 | 237 | 195 | 607 | 615 | 96 | |||
| Days Payable | 676 | 992 | 1,004 | 1,079 | 1,660 | 1,361 | 2,012 | 1,548 | 178 | |||
| Cash Conversion Cycle | 539 | 821 | -733 | -847 | -1,290 | -1,026 | 163 | 169 | 176 | -1,231 | -774 | 54 |
| Working Capital Days | 75 | 89 | 45 | 77 | 63 | 68 | 106 | 89 | 103 | 137 | 137 | 222 |
| ROCE % | 18% | 15% | 31% | 20% | 21% | 16% | 11% | 12% | 12% | 13% | 12% | 9% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Number of Factories Number |
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| Number of Projects in Hand Number |
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| Production of BWSC Pipes Kms |
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| Production of PCCP Pipes Kms |
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| Production of PSC Pipes Kms |
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| Production of Railway Sleepers Numbers |
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| Order Book Position Rs. Crores |
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| Average Collection Days Days |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 May - News paper publication for Announcement of Financial Results for the financial year ended 31-03-2026 as per attached letter.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
15 May - FY26 Secretarial Compliance Report filed; no deviations or SEBI actions.
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Financial Results For The Quarter And Year Ended 31-03-2026
15 May - FY26 audited results approved; ₹5 dividend recommended; 100th AGM on 25 August 2026.
- Corporate Action-Board to consider Dividend 14 May
- Corporate Action - Record Date Is Fixed As 17Th July, 2026 For Dividend For The Financial Year 2025-26 As Per Attached Letter 14 May
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
from bse
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Financial Year 2012
from nse
Products & Services
EPC contracts: Construction, maintenance, laying, and joining of pipelines of various pipe materials, for providing infrastructure facilities of drinking water supply projects, etc
Manufacturing and sale: Bar Wrapped Steel Cylinder pipes (BWSC), Prestressed Concrete Cylinder pipes (PCCP), Manufacturing of Steel pipes, Prestressed Concrete Railway Sleepers, etc. [1]
With an increased focus on EPC contract business, the pipe manufacturing segment contributes less than 10% to the total revenue of the co. [2]