Hariom Pipe Industries
HARIOMPIPE NSE
Hariom Pipe Industries
Industrial ProductsNSE: HARIOMPIPE BSE: 543517 Iron & Steel Products
Key Fundamentals
MicrocapIron & Steel ProductsIndustrial ProductsMarket Cap
₹1,099 Cr
Volatility
Moderate
P/E Ratio
15.99
EBITDA
₹209 Cr
Return on Equity
10.78%
Debt to Equity
0.57
Book Value
₹208.78
EPS
₹20.39
52W High
₹572.2
52W Low
₹268.05
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Weaknesses
2- Company has a low return on equity of 12.5% over last 3 years.
- Promoter holding has decreased over last 3 years: -3.64%
Growth Rate
Revenue Growth
22.58% lower than
3Y
Net Income Growth
28.12% higher than
3Y
Cash Flow Change
—
ROE
-11.93% lower than
3Y
ROCE
1.94% level than
3Y
EBITDA Margin (Avg.)
-4.96% lower than
3Y
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 240 | 302 | 280 | 331 | 343 | 314 | 300 | 400 | 461 | 336 | 363 | 507 | 429 |
| Expenses | 212 | 266 | 247 | 289 | 299 | 272 | 260 | 351 | 403 | 293 | 318 | 443 | 379 |
| Operating Profit | 28 | 36 | 33 | 42 | 45 | 42 | 40 | 49 | 58 | 43 | 45 | 64 | 50 |
| OPM % | 12% | 12% | 12% | 13% | 13% | 13% | 13% | 12% | 12% | 13% | 12% | 13% | 12% |
| Other Income | 1 | 1 | 2 | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 1 | 9 | 2 |
| Interest | 4 | 7 | 11 | 10 | 11 | 10 | 12 | 12 | 12 | 13 | 14 | 14 | 13 |
| Depreciation | 5 | 9 | 10 | 10 | 12 | 12 | 13 | 14 | 14 | 16 | 18 | 17 | 15 |
| PBT | 20 | 20 | 14 | 24 | 23 | 22 | 15 | 23 | 32 | 14 | 16 | 42 | 23 |
| Tax % | 22% | 27% | 29% | 29% | 23% | 27% | 27% | 26% | 27% | 27% | 25% | 28% | 25% |
| Net Profit | 15 | 15 | 10 | 17 | 18 | 16 | 11 | 17 | 24 | 10 | 12 | 30 | 17 |
| EPS in Rs | 5.59 | 5.35 | 3.55 | 5.81 | 5.66 | 5.09 | 3.63 | 5.57 | 7.62 | 3.36 | 3.75 | 9.75 | 5.61 |
Profit & Loss
| Particulars | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 87 | 105 | 134 | 161 | 254 | 431 | 644 | 1,360 | 1,604 | 1,667 | 1,635 |
| Expenses | 80 | 90 | 117 | 137 | 220 | 374 | 562 | 1,221 | 1,429 | 1,458 | 1,433 |
| Operating Profit | 7 | 15 | 17 | 23 | 34 | 56 | 82 | 139 | 175 | 209 | 202 |
| OPM % | 8% | 14% | 13% | 15% | 13% | 13% | 13% | 10% | 11% | 13% | 12% |
| Other Income | 1 | 0 | 0 | 0 | 1 | 3 | 1 | 5 | 3 | 13 | 14 |
| Interest | 3 | 3 | 3 | 7 | 8 | 8 | 10 | 33 | 45 | 54 | 55 |
| Depreciation | 2 | 3 | 2 | 5 | 6 | 8 | 9 | 34 | 50 | 65 | 66 |
| PBT | 2 | 10 | 12 | 11 | 21 | 43 | 63 | 77 | 83 | 104 | 95 |
| Tax % | 33% | 36% | 31% | 30% | 29% | 25% | 26% | 27% | 26% | 27% | — |
| Net Profit | 2 | 6 | 8 | 8 | 15 | 32 | 46 | 57 | 62 | 76 | 70 |
| EPS in Rs | 9.47 | 5.94 | 6.21 | 5.98 | 8.92 | 18.83 | 16.73 | 19.68 | 19.93 | 24.49 | 22.47 |
| Div. Payout % | 0% | 0% | 10% | 0% | 0% | 0% | 0% | 3% | 3% | 3% | — |
Balance Sheet
| Particulars | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 11 | 13 | 13 | 17 | 17 | 28 | 29 | 31 | 31 |
| Reserves | 10 | 9 | 21 | 35 | 54 | 84 | 348 | 435 | 542 | 616 |
| Borrowings | 29 | 25 | 56 | 68 | 80 | 87 | 297 | 372 | 401 | 369 |
| Other Liabilities | 7 | 13 | 14 | 23 | 23 | 27 | 37 | 44 | 223 | 167 |
| Total Liabilities | 47 | 58 | 105 | 140 | 174 | 216 | 709 | 880 | 1,197 | 1,182 |
| Fixed Assets | 12 | 12 | 43 | 50 | 59 | 54 | 135 | 366 | 424 | 479 |
| CWIP | 0 | 1 | 0 | 0 | 8 | 10 | 103 | 13 | 12 | 15 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9 |
| Other Assets | 36 | 46 | 62 | 90 | 107 | 152 | 471 | 501 | 761 | 680 |
| Total Assets | 47 | 58 | 105 | 140 | 174 | 216 | 709 | 880 | 1,197 | 1,182 |
Cash Flow
| Particulars | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 4 | 7 | 6 | 1 | 10 | 4 | -101 | 5 | 79 | 192 |
| Investing | 0 | -4 | -32 | -12 | -23 | -4 | -222 | -182 | -86 | -110 |
| Financing | -4 | -3 | 30 | 9 | 12 | 0 | 426 | 74 | 31 | -107 |
| Net Cash Flow | 0 | 0 | 4 | -2 | -1 | -1 | 104 | -102 | 24 | -26 |
| Free Cash Flow | 3 | 3 | -26 | -11 | -13 | -1 | -323 | -136 | -25 | 73 |
| CFO/OP | 60 | 68 | 51 | 10 | 42 | 19 | -101 | 17 | 53 | 103 |
Ratios
| Particulars | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 23 | 36 | 29 | 52 | 28 | 23 | 49 | 33 | 46 | 41 |
| Inventory Days | 165 | 196 | 169 | 251 | 174 | 150 | 172 | 124 | 156 | 113 |
| Days Payable | 28 | 31 | 21 | 63 | 9 | 14 | 13 | 8 | 68 | 31 |
| Cash Conversion Cycle | 161 | 201 | 177 | 240 | 193 | 159 | 207 | 149 | 134 | 123 |
| Working Capital Days | 121 | 58 | 65 | 59 | 57 | 62 | 69 | 44 | 42 | 56 |
| ROCE % | — | 30% | 22% | 18% | 21% | 28% | 17% | 15% | 14% | 16% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Hariom Pipe Industries insights
59 extracted metrics + investor summaries across FY17–FY26.
Documents
1
Reg. 34 (1) Annual Report.
11 Sep - Revised FY 2025-26 annual report submitted after typographical and typesetting corrections. 11 Sep - Revised FY 2025-26 annual report submitted after typographical and typesetting corrections.
2
Announcement Under Regulation 30 (LODR) - Updates
7 May - Hariom Pipe Industries invested ₹10 crore in subsidiary HPEPL for its 60 MW solar project on May 7, 2026. 7 May - Hariom Pipe Industries invested ₹10 crore in subsidiary HPEPL for its 60 MW solar project on May 7, 2026.
3
Announcement under Regulation 30 (LODR)-Credit Rating
15 Apr - CRISIL assigned A-/Watch Developing for fund-based and A2+/Watch Developing for non-fund-based facilities. 15 Apr - CRISIL assigned A-/Watch Developing for fund-based and A2+/Watch Developing for non-fund-based facilities.
4
Intimation Of Record Date For Payment Of Final Dividend On Equity Shares For The FY 2025-26. 7 Sept 2026
Intimation
Frequently Asked Questions about Hariom Pipe Industries
What does Hariom Pipe Industries Ltd do?
Incorporated in 2008, Hariom Pipe Industries Ltd is a manufacturer of high-quality steel products[1]
Where is Hariom Pipe Industries Ltd (HARIOMPIPE) listed?
Hariom Pipe Industries Ltd trades as HARIOMPIPE on the NSE and under code 543517 on the BSE.
Which sector does Hariom Pipe Industries Ltd belong to?
Hariom Pipe Industries Ltd is classified under the Industrial Products sector, in the Iron & Steel Products industry.
What is the market capitalisation of Hariom Pipe Industries Ltd?
Hariom Pipe Industries Ltd has a market capitalisation of ₹1,099 Cr, which places it in the Small Cap band.
What is the PE ratio of Hariom Pipe Industries Ltd?
Hariom Pipe Industries Ltd trades at a PE ratio of 15.99, on earnings per share of ₹20.39, against a book value of ₹208.78 per share.
What is the 52-week high and low of Hariom Pipe Industries Ltd?
Over the last 52 weeks Hariom Pipe Industries Ltd has traded between ₹268.05 and ₹572.2.
Does Hariom Pipe Industries Ltd pay dividends?
Hariom Pipe Industries Ltd has a dividend yield of 0.21%.
What is the Return on Equity (ROE) of Hariom Pipe Industries Ltd?
Hariom Pipe Industries Ltd reported a return on equity of 10.78%. Its debt-to-equity ratio is 0.57.
Company Information
Incorporated in 2008, Hariom Pipe Industries Ltd is a manufacturer of high-quality steel products[1]
Website hariompipes.com
CEO Mr. Rupesh Kumar Gupta
Employees 749
Listed 2022-04-13
Face Value ₹ 10
Issued Size 3,09,67,289
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/HARIOMPIPE.md for Hariom Pipe Industries Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.
Append .md to any Tapetide URL for the
same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live,
structured queries instead of documents, use our MCP server.