Indian Hume Pipe Company Ltd

₹ 296 5.00%

01 Apr 9:57 a.m.

indianhumepipe.com BSE: 504741 NSE: INDIANHUME

About

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]

Key Points

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]

Website BSE NSE

Market Cap ₹ 1,559 Cr.
Current Price ₹ 296
High / Low ₹ 490 / 280
Stock P/E 14.9
Book Value ₹ 266
Dividend Yield 0.60 %
ROCE 11.9 %
ROE 9.17 %
Face Value ₹ 2.00

Add ratio to table

Edit ratios

Pros

Stock is trading at 1.06 times its book value

Cons

The company has delivered a poor sales growth of -1.69% over past five years.
Company has a low return on equity of 9.20% over last 3 years.
Promoters have pledged 30.7% of their holding.
Earnings include an other income of Rs.647 Cr.
Company has high debtors of 159 days.

* 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 Allcap BSE Industrials

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Figures in Rs. Crores

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
	405	454	347	319	319	404	364	354	381	392	307	365	282
	368	412	318	287	281	330	306	320	343	336	274	313	260
Operating Profit	37	42	29	32	38	74	58	35	37	56	34	52	22
OPM %	9%	9%	8%	10%	12%	18%	16%	10%	10%	14%	11%	14%	8%
	2	2	3	1	2	3	1	2	2	548	12	12	75
Interest	18	20	17	16	16	15	14	16	16	16	12	12	12
Depreciation	4	4	3	3	3	4	3	3	4	4	5	5	5
Profit before tax	17	20	11	14	20	58	42	18	20	584	29	46	80
Tax %	24%	20%	25%	25%	25%	25%	26%	25%	26%	14%	25%	25%	23%
	13	16	9	10	15	44	31	13	14	499	22	35	62
EPS in Rs	2.61	3.30	1.62	1.96	2.87	8.29	5.91	2.52	2.73	94.77	4.16	6.58	11.68
Raw PDF

Profit & Loss

Figures in Rs. Crores

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
	819	1,010	939	1,792	1,521	1,646	1,624	1,241	1,520	1,543	1,389	1,491	1,346
	747	900	842	1,586	1,370	1,459	1,433	1,116	1,364	1,400	1,206	1,296	1,183
Operating Profit	72	110	97	206	152	186	190	125	157	143	182	195	163
OPM %	9%	11%	10%	12%	10%	11%	12%	10%	10%	9%	13%	13%	12%
	8	13	3	3	3	12	5	27	5	22	9	554	647
Interest	35	48	45	46	43	54	77	76	66	77	74	71	52
Depreciation	8	12	10	11	11	12	18	20	17	16	14	15	19
Profit before tax	38	62	45	153	100	132	100	57	78	72	103	663	739
Tax %	37%	33%	35%	35%	34%	35%	27%	26%	26%	23%	25%	16%
	24	42	29	100	66	86	73	42	58	56	78	558	617
EPS in Rs	4.97	8.59	6.01	20.57	13.64	17.82	15.15	8.67	11.93	11.50	14.74	105.93	117.19
Dividend Payout %	24%	17%	27%	17%	25%	20%	13%	23%	17%	17%	10%	5%

Compounded Sales Growth
10 Years:	4%
5 Years:	-2%
3 Years:	-1%
TTM:	-10%

Compounded Profit Growth
10 Years:	11%
5 Years:	7%
3 Years:	21%
TTM:	2%

Stock Price CAGR
10 Years:	6%
5 Years:	9%
3 Years:	32%
1 Year:	-23%

Return on Equity
10 Years:	12%
5 Years:	9%
3 Years:	9%
Last Year:	9%

Balance Sheet

Figures in Rs. Crores

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	5	5	5	10	10	10	10	10	10	10	11	11	11
Reserves	249	282	302	390	443	510	559	593	641	686	819	1,366	1,390
	248	306	318	268	342	474	672	560	587	633	511	458	501
	380	415	439	605	746	796	783	732	736	852	741	902	849
Total Liabilities	882	1,007	1,063	1,274	1,541	1,790	2,024	1,894	1,973	2,181	2,081	2,736	2,750
	84	75	73	78	77	90	142	126	127	114	115	153	150
CWIP	1	0	3	1	2	18	1	1	0	0	1	1	3
Investments	2	1	0	3	2	3	2	3	4	4	76	180	181
	796	931	987	1,192	1,459	1,679	1,878	1,764	1,842	2,063	1,888	2,402	2,416
Total Assets	882	1,007	1,063	1,274	1,541	1,790	2,024	1,894	1,973	2,181	2,081	2,736	2,750

Cash Flows

Figures in Rs. Crores

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	-34	-4	46	152	-31	-5	-32	185	56	19	213	204
	-9	6	-10	-21	-18	-54	-60	-9	-15	11	-68	-67
	38	4	-48	-42	-10	71	55	-171	-93	-62	-37	-108
Net Cash Flow	-5	6	-12	89	-59	12	-36	4	-51	-31	108	29
Free Cash Flow	-44	-0	35	133	-42	-44	-76	182	52	17	210	697
CFO/OP	-47%	12%	72%	96%	7%	21%	0%	162%	53%	23%	131%	114%

Ratios

Figures in Rs. Crores

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	102	121	130	82	114	133	141	163	169	176	174	159
Inventory Days	847	1,094	1,682	190	118	237	195				607	615
Days Payable	438	676	992	1,004	1,079	1,660	1,361				2,012	1,548
Cash Conversion Cycle	510	539	821	-733	-847	-1,290	-1,026	163	169	176	-1,231	-774
Working Capital Days	78	75	89	45	77	63	68	106	89	103	137	137
ROCE %	15%	18%	15%	31%	20%	21%	16%	11%	12%	12%	13%	12%

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

xx	xx	xx	xx	xx	xx	xx	xx	xx	xx
xxx	xxx	xxx	xxx	xx	xx	xx	xx	xx	xx
xxx	xxx	xxx	xxx	xxx	xx	xx	xx	xx	xx
xxx	xxx	xxx	xxx	xxx	xxx	xxx	xxx	xxx	xxx
xxx	xxx	xx	xxx	xx	xx	x	xx	x	x
xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx
x,xxx.xx	x,xxx.xx	x,xxx.xx	x,xxx.xx	x,xxx.xx	x,xxx.xx	x,xxx.xx	x,xxx.xx		x,xxx.xx
xxx	xx		xxx	xxx			xxx	xxx	xxx

Please log in to see hidden values.

Number of Projects in Hand
Number

Production of BWSC Pipes
Kms

Production of PCCP Pipes
Kms

Production of PSC Pipes
Kms

Production of Railway Sleepers
Numbers

Order Book Position
Rs. Crores

Average Collection Days
Days

Shareholding Pattern

Numbers in percentages

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
	69.93%	72.34%	72.34%	72.34%	72.34%	72.34%	72.34%	72.34%	72.34%	72.34%	72.34%	72.34%
	0.04%	0.03%	0.90%	0.68%	0.45%	0.92%	0.83%	0.66%	0.56%	0.52%	0.42%	0.46%
	1.48%	0.91%	2.21%	2.21%	2.21%	2.21%	2.20%	2.20%	2.20%	2.20%	2.20%	2.20%
	28.54%	26.70%	24.54%	24.76%	24.99%	24.52%	24.60%	24.78%	24.89%	24.93%	25.04%	25.00%
No. of Shareholders	25,173	25,369	23,374	24,224	26,001	27,370	29,021	28,222	27,657	27,722	26,833	25,805

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Dec 2025
	69.92%	69.92%	69.92%	69.92%	69.92%	69.92%	69.93%	72.34%	72.34%	72.34%
	0.19%	0.44%	0.37%	0.40%	0.29%	0.30%	0.04%	0.45%	0.56%	0.46%
	5.56%	5.28%	4.75%	3.67%	2.55%	2.05%	1.48%	2.21%	2.20%	2.20%
	24.33%	24.36%	24.96%	26.01%	27.24%	27.73%	28.54%	24.99%	24.89%	25.00%
No. of Shareholders	14,334	20,378	19,331	20,401	24,360	25,002	25,173	26,001	27,657	25,805

* 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.

Indian Hume Pipe Company Ltd

Indian Hume Pipe Company Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Insights

Shareholding Pattern

Documents

Announcements

Annual reports

Credit ratings