Flash Finance

Hariom Pipe Industries LimitedHARIOMPIPECorporate

Steel - Medium / Small Latest results: Jun 2026 15 quarters of data
Consolidated Standalone
₹334.35
MCap ₹1,035 Cr · P/E 14.9
Hariom Pipe Industries Limited — Stock analysis & AI research Hariom Pipe Industries Limited — Seasonality — best & worst months Hariom Pipe Industries Limited — Technical setup — score, trend, support & resistance Hariom Pipe Industries Limited — Live exchange announcements
📈 MACD Bullish Crossover📈 Multi-Timeframe Bearish Stocks 🏭 Metal sector
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹429 Cr
Sales · Jun 2026
-6.9% YoY
₹50 Cr
Operating Profit · Jun 2026
-13.3% YoY
11.6%
OPM % · Jun 2026
-7.2% YoY
₹17 Cr
Net Profit · Jun 2026
-26.5% YoY
₹5.61
EPS · Jun 2026
-26.5% YoY

📝 Hariom Pipe Industries Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Hariom Pipe Industries Limited reported revenue of ₹429 crore for the quarter ended June 2026 (Q1 FY27), down 6.9% from ₹461 crore in the same quarter last year, and down 15.3% sequentially over the March 2026 quarter.

Net profit fell 26.5% year-on-year to ₹17 crore, from ₹24 crore. Earnings per share (EPS) came in at ₹5.61.

Operating profit stood at ₹50 crore — an operating margin (OPM) of 11.6%, compared with 12.5% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Hariom Pipe Industries Limited posted revenue of ₹1,667 crore, a growth of 22.8% over FY25, with a net profit of ₹76 crore (up 21.6% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹1,635 crore with a net profit of ₹69 crore.

Valuation snapshot

At the current price of ₹334.35, HARIOMPIPE has a market capitalisation of ₹1,035 crore and a trailing P/E of about 14.9.

Within the Steel - Medium / Small industry, it is the 25th-largest of the 56 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 57.26%, foreign institutional investors (FIIs) 10.39%, domestic institutional investors (DIIs) 0.10%, public shareholders 32.25% of Hariom Pipe Industries Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹1,035 Cr
Current Price ?
₹334.4
P/E ?
14.92below ind
Industry P/E ?
20.50
P/B ?
1.60
P/S ?
0.63
P/FCF ?
14.18
Enterprise Value ?
₹1,404 Cr
EV/EBITDA ?
6.96
PEG ?
0.83
Earnings Yield ?
9.7%
Dividend Yield ?
0.17%
Profitability & Returns
Sales (TTM) ?
₹1,635 Cr
OPM ?
12.3%
Profit after tax (TTM) ?
₹69 Cr
EPS (TTM) ?
₹22.41
ROCE ?
16.0%
ROE ?
10.7%
ROA ?
5.9%
Growth
Sales — latest qtr ?
₹429 Cr
PAT — latest qtr ?
₹17 Cr
YoY qtr sales growth ?
-6.9%
YoY qtr profit growth ?
-26.5%
Sales growth (3y) ?
37%
Sales growth (5y) ?
46%
Profit growth (3y) ?
18%
Profit growth (5y) ?
38%
Financial Health
Debt ?
₹369 Cr
Debt to Equity ?
0.57
Interest Coverage ?
2.7
Current Ratio ?
N/A
Ownership
Promoter holding ?
57.26%
Change in promoter holding ?
-0.01%
Pledged percentage ?
N/A
Market
Return 3 months ?
-17.1%
Return 6 months ?
5.8%

🗓️ Quarterly results (15 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 123251240302280331343314300400461336363507429 -6.9% -15.3%
Operating Profit 183128363342454240495843456450 -13.3% -22.0%
Other Income 001121110011192 +47.7% -77.3%
Interest 25471110111012121213141413 +7.9% -4.1%
Depreciation 23591010121213141416181715 +7.3% -9.6%
Profit Before Tax 142420201424232215233214164223 -28.1% -44.8%
Net Profit 101715151017181611172410123017 -26.5% -42.1%
EPS 3.986.775.595.353.555.815.665.173.685.667.633.363.759.755.61 -26.5% -42.5%
OPM % 15.0% 12.5% 11.7% 11.9% 11.8% 12.7% 13.1% 13.5% 13.2% 12.2% 12.5% 12.7% 12.5% 12.6% 11.6% -7.2% -7.9%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹1,357 Cr ₹1,667 Cr ₹1,635 Cr +22.8%
Operating Profit ₹176 Cr ₹210 Cr ₹202 Cr +19.1%
OPM % 12.96% 12.57% 12.35% -3.0%
NPM % 4.59% 4.54% 4.24% -1.1%
Other Income ₹3 Cr ₹13 Cr ₹13 Cr +345.8%
Depreciation ₹50 Cr ₹65 Cr ₹66 Cr +29.0%
Interest ₹45 Cr ₹53 Cr ₹54 Cr +18.5%
EBIT ₹125 Cr ₹145 Cr ₹136 Cr +15.2%
PBT ₹83 Cr ₹104 Cr ₹95 Cr +24.8%
Tax ₹16 Cr ₹16 Cr ₹14 Cr +1.6%
Net Profit ₹62 Cr ₹76 Cr ₹69 Cr +21.6%
EPS ₹20.17 ₹24.49 ₹22.47 +21.4%
Material Cost ₹834 Cr ₹895 Cr ₹810 Cr +7.3%
Employee Cost ₹39 Cr ₹42 Cr ₹44 Cr +8.1%
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 28293131 +0.0%
Reserves 348435542616 +13.7%
Borrowings 297372401369 -8.0%
Other Liabilities 3744223167 -25.1%
Total Liabilities 7098801,1971,182 -1.3%
Fixed Assets 135366424479 +13.0%
CWIP 103131215 +25.0%
Investments 0009 —
Other Assets 471501761680 -10.6%
Total Assets 7098801,1971,182 -1.3%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity -101579192 +143.0%
Cash from Investing Activity -222-182-86-110 -27.9%
Cash from Financing Activity 4267431-107 -445.2%
Net Cash Flow 104-10224-26 -208.3%
Free Cash Flow -323-136-2573 +392.0%
CFO/OP -101%17%53%103% +94.3%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 49334641 -10.9%
Inventory Days 172124156113 -27.6%
Days Payable 1386831 -54.4%
Cash Conversion Cycle 207149134123 -8.2%
Working Capital Days 69444256 +33.3%
ROCE % 17%15%14%16% +14.3%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 57.27%57.27%57.27%57.27%57.26% -0.0%
FIIs 9.59%9.53%9.23%9.50%10.39% +9.4%
DIIs 0.22%0.16%0.05%0.06%0.10% +66.7%
Public 32.93%33.06%33.46%33.19%32.25% -2.8%
No. of Shareholders 56,88557,91057,62753,76353,051 -1.3%

⚖️ Peer comparison

Industry: Steel - Medium / Small · top 25 of 56 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 NSLNISP NMDC Steel ₹42.65 12,499 135.8 13,939 84 10.8% 0.6% 60.4% 102.5% 8.8% 94.3%
2 MAHSEAMLES Maharashtra Seamless ₹713.65 9,563 13.0 4,620 737 15.0% 16.0% -12.0% -9.8% -4.7% 15.7%
3 SUNFLAG Sunflag Iron ₹443.60 7,995 38.8 3,995 206 11.9% 5.1% 11.4% 25.0% 5.5% 4.8%
4 AEROFLEX Aeroflex Industries ₹565.00 7,477 109.5 503 67 23.4% 13.4% 17.3% 5.6% 73.1% 168.5%
5 TIIL Technocraft Industries ₹3,180.20 7,210 21.2 2,931 349 18.2% 11.9% 6.3% 11.6% 27.2% 67.3%
6 MANINDS Man Industries ₹865.65 6,493 31.5 3,875 204 13.7% 5.3% 1.7% 11.4% 41.9% 122.4%
7 GOODLUCK Goodluck India ₹526.15 5,247 8.7 4,404 210 10.0% 4.8% 4.2% 10.1% 30.9% 67.4%
8 BANSALWIRE Bansal Wire ₹308.10 4,823 9.0 4,388 531 8.5% 12.1% 18.6% 276.0% 24.4% -47.9%
9 DEEDEV DEE Development ₹634.65 4,775 54.6 1,213 81 16.9% 6.6% 38.1% 78.8% 31.6% 22.4%
10 KSL Kalyani Steels ₹957.20 4,189 15.8 1,867 264 19.7% 14.2% -6.9% 0.6% 4.9% 10.6%
11 VENUSPIPES Venus Pipes ₹1,962.30 4,065 39.1 1,211 104 16.3% 8.6% 21.7% 9.2% 16.1% 5.6%
12 VSSL Vardhman Special ₹398.45 3,852 26.9 1,807 144 10.6% 8.0% -0.5% 31.9% 12.0% 105.9%
13 JTLIND JTL INDUSTRIES ₹87.38 3,435 28.8 2,314 122 8.2% 5.3% 11.5% 4.4% 32.7% 113.7%
14 RATNAVEER Ratnaveer Precision ₹343.70 2,885 42.6 1,119 67 18.2% 6.0% 19.8% 36.2% 18.9% 20.0%
15 INTERARCH Interarch Building ₹1,700.60 2,860 20.7 1,639 139 11.5% 8.5% 7.3% 28.6% 20.6% 0.9%
16 PENIND Pennar Industries ₹187.68 2,533 17.8 3,645 142 12.4% 3.9% 12.2% 15.7% 2.9% 10.7%
17 RAJRATAN Rajratan Global ₹457.40 2,322 29.1 1,228 80 12.3% 6.5% 23.8% 21.2% 28.9% 64.0%
18 PRAKASH Prakash Industries ₹117.24 2,100 6.7 3,474 313 15.0% 9.0% -13.3% -6.2% -0.5% -21.7%
19 MSPL MSP Steel ₹33.33 1,889 49.7 2,958 38 6.2% 1.3% -2.1% 217.0% 16.2% 22.1%
20 MAHASTEEL Mahamaya Steel ₹1,115.00 1,832 183.1 943 10 2.6% 1.1% 10.1% 26.3% 29.3% 22.6%
21 HITECH Hi-Tech Pipes ₹75.00 1,520 20.3 4,821 75 3.8% 1.6% 36.9% 4.2% 78.5% -4.2%
22 MANAKCOAT Manaksia Coated ₹130.80 1,395 32.3 897 41 9.4% 4.5% 13.2% 164.5% 4.9% 0.7%
23 STEELXIND STEEL EXCHANGE ₹10.36 1,321 40.3 1,029 31 13.0% 3.1% -7.4% 2.6% -10.1% 46.9%
24 MWL Mangalam Worldwide ₹42.77 1,270 22.9 1,292 55 9.5% 4.2% 13.9% 72.1% 13.7% 25.6%
25 HARIOMPIPE Hariom Pipe ₹361.95 1,121 16.1 1,635 69 12.3% 4.2% 22.8% 21.6% -6.9% -26.5%
❓ Frequently asked questions
What was Hariom Pipe Industries Limited's revenue in Q1 FY27?
Hariom Pipe Industries Limited reported revenue of ₹429 crore for the quarter ended June 2026 (Q1 FY27), down 6.9% from ₹461 crore in the same quarter last year, and down 15.3% sequentially over the March 2026 quarter.
What was Hariom Pipe Industries Limited's net profit in Q1 FY27?
Net profit fell 26.5% year-on-year to ₹17 crore, from ₹24 crore. Earnings per share (EPS) came in at ₹5.61.
What is HARIOMPIPE's market capitalisation and P/E ratio?
At the current price of ₹334.35, HARIOMPIPE has a market capitalisation of ₹1,035 crore and a trailing P/E of about 14.9.
Who owns Hariom Pipe Industries Limited? (shareholding pattern)
As of Sep 2026, promoters held 57.26%, foreign institutional investors (FIIs) 10.39%, domestic institutional investors (DIIs) 0.10%, public shareholders 32.25% of Hariom Pipe Industries Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI