Hariom Pipe Industries Ltd
Headquartered in Hyderabad, Telangana, Hariom Pipe Industries Limited is an integrated steel manufacturer with a stronghold in the South Indian market. It hasa diverse product portfolio consisting of Mild Steel (MS) Billets, Pipes and Tubes, Hot Rolled (HR) Coils, and Scaffolding Systems, our top-quality products cater to a variety of industrial applications across multiple sectors.[1]
- Market Cap ₹ 2,390 Cr.
- Current Price ₹ 772
- High / Low ₹ 889 / 440
- Stock P/E 40.6
- Book Value ₹ 154
- Dividend Yield 0.08 %
- ROCE 15.0 %
- ROE 14.3 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 47.2% CAGR over last 5 years
Cons
- Promoter holding has decreased over last quarter: -1.11%
* 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
Sector: Steel Industry: Steel - Medium / Small
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 87 | 105 | 134 | 161 | 254 | 431 | 644 | 1,153 | 1,256 | |
| 80 | 90 | 117 | 137 | 220 | 374 | 562 | 1,015 | 1,101 | |
| Operating Profit | 7 | 15 | 17 | 23 | 34 | 56 | 82 | 139 | 155 |
| OPM % | 8% | 14% | 13% | 15% | 13% | 13% | 13% | 12% | 12% |
| 1 | 0 | 0 | 0 | 1 | 3 | 1 | 5 | 5 | |
| Interest | 3 | 3 | 3 | 7 | 8 | 8 | 10 | 33 | 39 |
| Depreciation | 2 | 3 | 2 | 5 | 6 | 8 | 9 | 34 | 41 |
| Profit before tax | 2 | 10 | 12 | 11 | 21 | 43 | 63 | 77 | 80 |
| Tax % | 33% | 36% | 31% | 30% | 29% | 25% | 26% | 27% | |
| 2 | 6 | 8 | 8 | 15 | 32 | 46 | 57 | 59 | |
| EPS in Rs | 9.47 | 5.94 | 6.21 | 5.98 | 8.92 | 18.83 | 16.73 | 19.68 | 20.37 |
| Dividend Payout % | 0% | 0% | 10% | 0% | 0% | 0% | 0% | 3% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 54% |
| 3 Years: | 66% |
| TTM: | 69% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 47% |
| 3 Years: | 56% |
| TTM: | 13% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 32% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 19% |
| Last Year: | 14% |
Balance Sheet
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 11 | 13 | 13 | 17 | 17 | 28 | 29 |
| Reserves | 10 | 9 | 21 | 35 | 54 | 84 | 319 | 417 |
| 29 | 25 | 56 | 68 | 80 | 87 | 297 | 372 | |
| 7 | 13 | 14 | 23 | 23 | 27 | 66 | 62 | |
| Total Liabilities | 47 | 58 | 105 | 140 | 174 | 216 | 709 | 880 |
| 12 | 12 | 43 | 50 | 59 | 54 | 135 | 366 | |
| CWIP | 0 | 1 | 0 | 0 | 8 | 10 | 103 | 13 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 36 | 46 | 62 | 90 | 107 | 152 | 471 | 501 | |
| Total Assets | 47 | 58 | 105 | 140 | 174 | 216 | 709 | 880 |
Cash Flows
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| 4 | 7 | 6 | 1 | 10 | 4 | -101 | 5 | |
| -0 | -4 | -32 | -12 | -23 | -4 | -222 | -182 | |
| -4 | -3 | 30 | 9 | 12 | -0 | 426 | 74 | |
| Net Cash Flow | -0 | -0 | 4 | -2 | -1 | -1 | 104 | -102 |
Ratios
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 23 | 36 | 29 | 52 | 28 | 23 | 49 | 39 |
| Inventory Days | 165 | 196 | 169 | 251 | 174 | 150 | 172 | 124 |
| Days Payable | 28 | 31 | 21 | 63 | 9 | 14 | 13 | 8 |
| Cash Conversion Cycle | 161 | 201 | 177 | 240 | 193 | 159 | 207 | 155 |
| Working Capital Days | 121 | 111 | 116 | 133 | 123 | 107 | 166 | 131 |
| ROCE % | 30% | 22% | 18% | 21% | 28% | 18% | 15% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 12 Sep
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
11 Sep - Newspaper Advertisement pursuant to Regulation 30 and 47 of SEBI (LODR) Regulations, 2015
- Business Responsibility and Sustainability Reporting (BRSR) 10 Sep
- Reg. 34 (1) Annual Report. 10 Sep
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
2 Sep - Newspaper Advertisement pursuant to Regulation 30 and 47 of SEBI (LODR) Regulations, 2015.
Product Portfolio
The Company’s products include Mild Steel (MS) Billets, GP, GI Pipes and Tubes, Hot Rolled (HR) Coils, Cold Rolled (CR) Coils, Galvanized Coils, and Scaffolding Systems. [1]