Hariom Pipe Industries Ltd
Incorporated in 2008, Hariom Pipe Industries Ltd is a manufacturer of high-quality steel products[1]
- Market Cap ₹ 1,403 Cr.
- Current Price ₹ 454
- High / Low ₹ 677 / 301
- Stock P/E 22.8
- Book Value ₹ 185
- Dividend Yield 0.13 %
- ROCE 14.1 %
- ROE 11.9 %
- Face Value ₹ 10.0
Pros
Cons
- Promoter holding has decreased over last 3 years: -8.77%
* 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 Products Iron & Steel Products
Part of BSE SmallCap BSE Allcap BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2024 | Mar 2025 | |
---|---|---|
1,360 | 1,604 | |
1,221 | 1,429 | |
Operating Profit | 139 | 175 |
OPM % | 10% | 11% |
5 | 3 | |
Interest | 33 | 45 |
Depreciation | 34 | 50 |
Profit before tax | 77 | 83 |
Tax % | 27% | 26% |
57 | 62 | |
EPS in Rs | 19.68 | 19.93 |
Dividend Payout % | 3% | 3% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 18% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 8% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 20% |
1 Year: | -32% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2024 | Mar 2025 | |
---|---|---|
Equity Capital | 29 | 31 |
Reserves | 435 | 542 |
372 | 401 | |
44 | 223 | |
Total Liabilities | 880 | 1,197 |
366 | 424 | |
CWIP | 13 | 12 |
Investments | 0 | 0 |
501 | 761 | |
Total Assets | 880 | 1,197 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2024 | Mar 2025 | |
---|---|---|
5 | 79 | |
-182 | -86 | |
74 | 31 | |
Net Cash Flow | -102 | 24 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2024 | Mar 2025 | |
---|---|---|
Debtor Days | 33 | 46 |
Inventory Days | 124 | 156 |
Days Payable | 8 | 68 |
Cash Conversion Cycle | 149 | 134 |
Working Capital Days | 44 | 42 |
ROCE % | 14% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
1d - RTA certificate under Reg 74(5) submitted for quarter ended September 30, 2025 (dated Oct 6, 2025).
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Business Update For Q2FY26
1 Oct - Q2FY26 sales 60,150 MT; H1FY26 sales 138,371 MT, 21% YoY growth.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 1 Oct
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Shareholder Meeting / Postal Ballot-Outcome of AGM
30 Sep - 18th AGM on Sep 30, 2025: adopted FY2024-25 accounts; dividend; director appointments; remuneration revisions; borrowing/charge approvals.
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Closure of Trading Window
26 Sep - Trading window closed Oct 1, 2025 until 48 hours after Q2 (Sept 30, 2025) results declaration.
Annual reports
Concalls
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Aug 2025Transcript PPT REC
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Aug 2025TranscriptNotesPPT
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May 2025Transcript PPT REC
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Mar 2025TranscriptNotesPPT
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Feb 2025Transcript PPT REC
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Feb 2025TranscriptNotesPPT
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Nov 2024Transcript PPT REC
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Aug 2024TranscriptNotesPPT
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Aug 2024TranscriptNotesPPT
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Jun 2024TranscriptNotesPPT
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May 2024TranscriptNotesPPT
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Feb 2024TranscriptNotesPPT
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Sep 2023TranscriptNotesPPT
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 an end-to-end Backward Integration process for Hot Charging, from producing raw materials like sponge iron and billets to final products