Hariom Pipe Industries Ltd

Hariom Pipe Industries Ltd

₹ 375 -1.93%
21 May 12:18 p.m.
About

Incorporated in 2008, Hariom Pipe Industries Ltd is a manufacturer of high-quality steel products[1]

Key Points

Business Overview:[1][2]
HPIL is a vertically integrated steel manufacturer with 800+ SKU’s of Iron & Steel products. It is one of the few players to have end to end Backward Integration process for Hot Charging, from producing raw materials like sponge iron and billets to final products

  • Market Cap 1,162 Cr.
  • Current Price 375
  • High / Low 889 / 301
  • Stock P/E 18.8
  • Book Value 185
  • Dividend Yield 0.16 %
  • ROCE 14.1 %
  • ROE 11.9 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 50.8% CAGR over last 5 years

Cons

* 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.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
124 142 127 123 252 240 302 280 331 343 314 300 400
107 126 111 104 220 212 266 247 289 299 272 260 351
Operating Profit 17 16 16 18 31 28 36 33 42 45 42 40 49
OPM % 14% 11% 13% 15% 12% 12% 12% 12% 13% 13% 13% 13% 12%
0 0 0 0 0 1 1 2 1 1 1 0 0
Interest 2 2 2 2 5 4 7 11 10 11 10 12 12
Depreciation 2 2 2 2 3 5 9 10 10 12 12 13 14
Profit before tax 13 13 12 14 24 20 20 14 24 23 22 15 23
Tax % 25% 25% 25% 28% 27% 22% 27% 29% 29% 23% 27% 27% 26%
10 10 9 10 17 15 15 10 17 18 16 11 17
EPS in Rs 5.76 3.74 3.64 3.98 6.25 5.59 5.35 3.55 5.81 5.66 5.09 3.63 5.57
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
87 105 134 161 254 431 644 1,153 1,357
80 90 117 137 220 374 562 1,015 1,182
Operating Profit 7 15 17 23 34 56 82 139 175
OPM % 8% 14% 13% 15% 13% 13% 13% 12% 13%
1 0 0 0 1 3 1 5 3
Interest 3 3 3 7 8 8 10 33 45
Depreciation 2 3 2 5 6 8 9 34 50
Profit before tax 2 10 12 11 21 43 63 77 83
Tax % 33% 36% 31% 30% 29% 25% 26% 27% 26%
2 6 8 8 15 32 46 57 62
EPS in Rs 9.47 5.94 6.21 5.98 8.92 18.83 16.73 19.68 19.93
Dividend Payout % 0% 0% 10% 0% 0% 0% 0% 3% 3%
Compounded Sales Growth
10 Years: %
5 Years: 53%
3 Years: 47%
TTM: 18%
Compounded Profit Growth
10 Years: %
5 Years: 51%
3 Years: 27%
TTM: 9%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 21%
1 Year: -33%
Return on Equity
10 Years: %
5 Years: 16%
3 Years: 14%
Last Year: 12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 2 11 13 13 17 17 28 29 31
Reserves 10 9 21 35 54 84 348 435 542
29 25 56 68 80 87 297 372 401
7 13 14 23 23 27 37 44 223
Total Liabilities 47 58 105 140 174 216 709 880 1,197
12 12 43 50 59 54 135 366 424
CWIP 0 1 0 0 8 10 103 13 12
Investments 0 0 0 0 0 0 0 0 0
36 46 62 90 107 152 471 501 761
Total Assets 47 58 105 140 174 216 709 880 1,197

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
4 7 6 1 10 4 -101 5 79
-0 -4 -32 -12 -23 -4 -222 -182 -86
-4 -3 30 9 12 -0 426 74 31
Net Cash Flow -0 -0 4 -2 -1 -1 104 -102 24

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 23 36 29 52 28 23 49 39 54
Inventory Days 165 196 169 251 174 150 172 124 149
Days Payable 28 31 21 63 9 14 13 8 65
Cash Conversion Cycle 161 201 177 240 193 159 207 155 138
Working Capital Days 121 111 116 133 123 107 166 131 132
ROCE % 30% 22% 18% 21% 28% 17% 15% 14%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
66.03% 66.03% 66.03% 60.92% 60.91% 60.91% 60.91% 58.28% 57.16% 57.15% 57.27% 57.27%
2.18% 2.70% 2.11% 2.52% 2.22% 2.81% 2.58% 6.51% 10.10% 9.55% 9.40% 9.49%
0.43% 0.37% 0.37% 0.18% 0.00% 0.00% 0.00% 0.00% 0.16% 0.38% 0.05% 0.23%
31.35% 30.90% 31.51% 36.38% 36.86% 36.28% 36.52% 35.21% 32.59% 32.93% 33.30% 33.02%
No. of Shareholders 38,50833,47132,85630,70335,94537,85039,80643,56344,37345,72049,73354,056

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls