Hariom Pipe Industries Limited

NSE: HARIOMPIPE · Unclassified

₹365.95-2.80%06 Nov 2026

Ask the data

Instant answers about Hariom Pipe Industries Limited — computed from its filings, no language model

Market cap₹1,133 cr

Current price₹365.95

High / Low₹450 / ₹270

P/E13.5

P/B1.62

Book value₹226.5

ROE11.9%

ROCE14.1%

Debt / equity0.75

Dividend yield0.17%

EPS (TTM)₹27.02

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	FY25	FY26
Revenue	1,357	1,667
EBITDA	175	209
Operating margin	12.9%	12.6%
Interest	45	54
Depreciation	50	65
Profit before tax	83	104
Tax	21	28
Net profit	62	76
EPS ₹	20.25	24.45
Operating cash flow	79	192
Capex	104	160
Dividend paid	2	2
Total assets	1,197	1,220
Equity	573	647

Quarterly performance

last 7 quarters · ₹ crore

	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	400	461	336	363	507	429	555
Operating profit	49	58	43	45	64	50	68
Operating margin	12.2%	12.5%	12.7%	12.5%	12.6%	11.6%	12.3%
Other income	0	1	1	1	9	1	1
Interest	12	12	13	14	14	13	17
Depreciation	14	14	16	18	17	15	17
Profit before tax	23	32	14	16	42	22	35
Tax	6	9	4	4	12	6	9
Net profit	17	0	10	12	30	17	25
EPS ₹	5.66	7.62	3.36	3.74	9.72	5.36	8.16
Revenue YoY	—	—	—	—	26.9%	-6.9%	65.1%
Profit YoY	—	—	—	—	74.6%	—	143.6%

Earlier results (standalone, Mar '22 – Dec '24)

₹ crore · from BSE, before the NSE XBRL filings begin

Hariom Pipe Industries Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

	FY23†	FY24†
Revenue	644	1,153
Operating profit	82	139
Operating margin	12.7%	12.0%
Other income	1	5
Interest	10	33
Depreciation	9	34
Profit before tax	63	77
Tax	17	21
Net profit	46	57

Quarters

showing latest 8 of 12 periods

	MAR '22†	JUN '22†	SEP '22†	DEC '22†	MAR '23†	JUN '23†	SEP '23†	DEC '23†	MAR '24†	JUN '24†	SEP '24†	DEC '24†
Revenue	124	142	127	123	252	240	302	280	331	343	314	300
Operating profit	17	16	16	18	31	28	36	33	42	45	42	40
Operating margin	13.8%	11.3%	12.6%	15.0%	12.5%	11.7%	11.9%	11.6%	12.7%	13.0%	13.5%	13.2%
Other income	0	0	0	0	0	1	1	2	1	1	1	0
Interest	2	2	2	2	5	4	7	11	10	11	10	12
Depreciation	2	2	2	2	3	5	9	10	10	12	12	13
Profit before tax	13	13	12	14	24	20	20	14	24	23	22	15
Tax	3	3	3	4	6	4	5	4	7	5	6	4
Net profit	10	10	9	10	17	15	15	10	17	18	16	11
EPS ₹	23.34	3.78	3.64	3.98	6.77	5.59	5.35	3.55	6.01	5.75	5.17	3.68
Revenue YoY	—	—	—	—	102.5%	68.7%	137.8%	127.9%	31.6%	42.9%	4.0%	7.1%
Profit YoY	—	—	—	—	76.6%	61.8%	59.4%	-3.3%	-2.8%	13.4%	6.6%	14.5%

Returns & margins

trailing-twelve-month, per quarter

	DEC '25	MAR '26	JUN '26	SEP '26
ROE	6.5%	8.1%	10.6%	11.9%
ROCE	13.7%	15.0%	14.1%	14.1%
Net margin	2.5%	3.1%	4.2%	4.5%
EBITDA margin	12.5%	12.6%	12.3%	12.2%
Debt / equity	0.65	0.63	0.63	0.75
Interest coverage	2.66	2.94	2.72	2.95
Asset turnover	1.36	1.37	1.34	1.28

Balance sheet

equity vs borrowings over time · ₹ crore

	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	31	31	31	31
Other equity / reserves	542	574	616	670
Total equity	573	605	647	701
Borrowings	400	395	404	524
Current liabilities	519	416	385	466
Non-current liabilities	105	122	186	275
Total assets	1,197	1,143	1,220	1,444
Property, plant & equipment	424	449	483	440
Capital work-in-progress	12	9	16	86
Investments	0	0	0	2
Inventories	427	413	405	473
Receivables	202	160	189	210
Cash & equivalents	26	6	3	2

Cash flow

annual · ₹ crore · line = free cash flow

	FY25	FY26
Cash from operations	79	192
Cash from investing	-86	-141
Cash from financing	31	-75
Capex	104	160
Free cash flow	-26	32
Dividends paid	2	2

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹440 cr30%

CWIP

₹86 cr6%

Investments

₹2 cr0%

Inventories

₹473 cr33%

Receivables

₹210 cr15%

Cash & equivalents

₹2 cr0%

Other assets

₹231 cr16%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Hariom Pipe Industries Limited	1,133	365.95	13.5	1.62	11.9%

StoxGud checklist: Neutral setup · 6/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month+8.2%

6 months+11.9%

1 year-20.0%

3Y CAGR-16.6%

5Y CAGR—

10Y CAGR—

50-day avg₹340.70

200-day avg₹359.52

RSI (14)61

FAQs

What is the share price of Hariom Pipe Industries Limited?

Hariom Pipe Industries Limited (HARIOMPIPE) closed at ₹365.95 on NSE on 06 Nov 2026.

What is the market cap of Hariom Pipe Industries Limited?

₹1,133 crore at the latest close.

What is the P/E ratio of Hariom Pipe Industries Limited?

13.5, on trailing-twelve-month earnings from its filings.

How fast is Hariom Pipe Industries Limited growing?

Hariom Pipe Industries Limited: Latest-quarter revenue is up 65.1% year on year, profit up 143.6%.

How profitable is Hariom Pipe Industries Limited?

On a trailing-twelve-month basis return on equity is 11.9%, return on capital employed 14.1%, operating margin 12.2%, net margin 4.5%.

How much debt does Hariom Pipe Industries Limited have?

Hariom Pipe Industries Limited is moderately geared: debt to equity is 0.75 with borrowings of ₹524 cr against cash of ₹2 cr (balance sheet of 2026-09-30). Operating profit covers interest 3.0 times.

Financials parsed from Hariom Pipe Industries Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '25, annual from FY25, balance sheet from Mar '25. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.