Indian Hume Pipe Company Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹337.38Fairly Valued by 1.64%vs CMP ₹343.00

P/E (17.2) × ROE (9.2%) × BV (₹266.00) × DY (0.52%)

₹724.35Undervalued by 111.18%vs CMP ₹343.00
MoS: +52.6% (Strong)Confidence: 48/100 (Moderate)Models: 5 Under, 5 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹532.8121%Under (+55.3%)
Graham NumberEarnings₹837.4915%Under (+144.2%)
Earnings PowerEarnings₹148.8610%Over (-56.6%)
DCFCash Flow₹2,775.2210%Under (+709.1%)
Net Asset ValueAssets₹265.647%Over (-22.6%)
EV/EBITDAEnterprise₹303.188%Over (-11.6%)
Dividend DiscountDividends₹110.008%Over (-67.9%)
Earnings YieldEarnings₹1,171.907%Under (+241.7%)
ROCE CapitalReturns₹538.558%Under (+57%)
Revenue MultipleRevenue₹282.705%Over (-17.6%)
Consensus (10 models)₹724.35100%Undervalued
Key Drivers: EPS CAGR 57.9% lifts DCF — verify sustainability. | Wide model spread (₹110–₹2,775) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 57.9%

*Investments are subject to market risks

Analyst Summary

Indian Hume Pipe Company Ltd operates in the Cement Products segment, current market price is ₹343.00, market cap is 1,809 Cr.. At a glance, stock P/E is 17.2, ROE is 9.17 %, ROCE is 11.9 %, book value is 266, dividend yield is 0.52 %. The latest intrinsic value estimate is ₹724.35, which is about 111.2% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹1,491 Cr versus the prior period change of 7.3%, while latest net profit is about ₹558 Cr with a prior-period change of 615.4%. The 52-week range shown on this page is 490/280, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisIndian Hume Pipe Company Ltd. is a Public Limited Listed company incorporated on 20/07/1926 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(…

This summary is generated from the stock page data available for Indian Hume Pipe Company Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

56
Indian Hume Pipe Company Ltd scores 56/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health61/100 · Moderate
ROCE 11.9% AverageROE 9.2% AverageD/E 0.85 ModerateInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money50/100 · Moderate
FII holding stable No changePromoter holding at 72.3% Stable
Earnings Quality55/100 · Moderate
OPM expanding (10% → 13%) ImprovingWorking capital: 137 days Capital intensive
Quarterly Momentum55/100 · Moderate
Revenue (4Q): -10% YoY DecliningProfit (4Q): +506% YoY Strong
Industry Rank55/100 · Moderate
P/E 17.2 vs industry 15.1 In-lineROCE 11.9% vs industry 7.5% Above peers3Y sales CAGR: -1% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: May 5, 2026, 12:23 am

Market Cap 1,809 Cr.
Current Price 343
Intrinsic Value₹724.35
High / Low 490/280
Stock P/E17.2
Book Value 266
Dividend Yield0.52 %
ROCE11.9 %
ROE9.17 %
Face Value 2.00
PEG Ratio0.30

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Indian Hume Pipe Company Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Indian Hume Pipe Company Ltd 1,809 Cr. 343 490/28017.2 2660.52 %11.9 %9.17 % 2.00
GPT Infraprojects Ltd 1,504 Cr. 119 150/96.016.8 43.42.51 %21.9 %19.6 % 10.0
Ramco Industries Ltd 2,310 Cr. 266 398/2189.09 5010.38 %3.61 %4.37 % 1.00
Sanghi Industries Ltd 1,289 Cr. 49.9 71.8/47.0 16.30.00 %3.91 %46.1 % 10.0
BIGBLOC Construction Ltd 683 Cr. 47.9 80.6/38.0 9.250.00 %6.63 %8.02 % 2.00
Industry Average1,257.00 Cr183.6915.12184.510.69%7.47%12.63%5.29

All Competitor Stocks of Indian Hume Pipe Company Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 405454347319319404364354381392307365282
Expenses 368412318287281330306320343336274313260
Operating Profit 37422932387458353756345222
OPM % 9%9%8%10%12%18%16%10%10%14%11%14%8%
Other Income 223123122548121275
Interest 18201716161514161616121212
Depreciation 4433343344555
Profit before tax 172011142058421820584294680
Tax % 24%20%25%25%25%25%26%25%26%14%25%25%23%
Net Profit 13169101544311314499223562
EPS in Rs 2.613.301.621.962.878.295.912.522.7394.774.166.5811.68

Last Updated: March 4, 2026, 9:06 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 24, 2026, 12:46 pm

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 8191,0109391,7921,5211,6461,6241,2411,5201,5431,3891,4911,346
Expenses 7479008421,5861,3701,4591,4331,1161,3641,4001,2061,2961,183
Operating Profit 7211097206152186190125157143182195163
OPM % 9%11%10%12%10%11%12%10%10%9%13%13%12%
Other Income 813333125275229554647
Interest 35484546435477766677747152
Depreciation 8121011111218201716141519
Profit before tax 386245153100132100577872103663739
Tax % 37%33%35%35%34%35%27%26%26%23%25%16%
Net Profit 24422910066867342585678558617
EPS in Rs 4.978.596.0120.5713.6417.8215.158.6711.9311.5014.74105.93117.19
Dividend Payout % 24%17%27%17%25%20%13%23%17%17%10%5%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)75.00%-30.95%244.83%-34.00%30.30%-15.12%-42.47%38.10%-3.45%39.29%615.38%
Change in YoY Net Profit Growth (%)0.00%-105.95%275.78%-278.83%64.30%-45.42%-27.35%80.56%-41.54%42.73%576.10%

Indian Hume Pipe Company Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:4%
5 Years:-2%
3 Years:-1%
TTM:2%
Compounded Profit Growth
10 Years:11%
5 Years:7%
3 Years:21%
TTM:-15%
Stock Price CAGR
10 Years:9%
5 Years:17%
3 Years:32%
1 Year:-30%
Return on Equity
10 Years:12%
5 Years:9%
3 Years:9%
Last Year:9%

Last Updated: September 5, 2025, 7:20 am

Balance Sheet

Last Updated: December 4, 2025, 1:25 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 55510101010101010111111
Reserves 2492823023904435105595936416868191,3661,390
Borrowings 248306318268342474672560587633511458501
Other Liabilities 380415439605746796783732736852741902849
Total Liabilities 8821,0071,0631,2741,5411,7902,0241,8941,9732,1812,0812,7362,750
Fixed Assets 847573787790142126127114115153150
CWIP 10312181100113
Investments 210323234476180181
Other Assets 7969319871,1921,4591,6791,8781,7641,8422,0631,8882,4022,416
Total Assets 8821,0071,0631,2741,5411,7902,0241,8941,9732,1812,0812,7362,750

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + -34-446152-31-5-321855619213204
Cash from Investing Activity + -96-10-21-18-54-60-9-1511-68-67
Cash from Financing Activity + 384-48-42-107155-171-93-62-37-108
Net Cash Flow -56-1289-5912-364-51-3110829
Free Cash Flow -44-035133-42-44-761825217210697
CFO/OP -47%12%72%96%7%21%0%162%53%23%131%114%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-176.00-196.00-221.00-62.00-190.00-288.00-482.00-435.00-430.00-490.00-329.00-263.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 10212113082114133141163169176174159
Inventory Days 8471,0941,682190118237195607615
Days Payable 4386769921,0041,0791,6601,3612,0121,548
Cash Conversion Cycle 510539821-733-847-1,290-1,026163169176-1,231-774
Working Capital Days 7875894577636810689103137137
ROCE %15%18%15%31%20%21%16%11%12%12%13%12%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 69.93%72.34%72.34%72.34%72.34%72.34%72.34%72.34%72.34%72.34%72.34%72.34%
FIIs 0.04%0.03%0.90%0.68%0.45%0.92%0.83%0.66%0.56%0.52%0.42%0.46%
DIIs 1.48%0.91%2.21%2.21%2.21%2.21%2.20%2.20%2.20%2.20%2.20%2.20%
Public 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 25,17325,36923,37424,22426,00127,37029,02128,22227,65727,72226,83325,805

Shareholding Pattern Chart

No. of Shareholders

Indian Hume Pipe Company Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Quant Small Cap Fund 769,177 0.11 29.44769,1772025-04-22 17:25:310%
HSBC Business Cycles Fund 333,227 1.17 12.76333,2272025-04-22 17:25:310%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 2.002.002.002.002.00
Basic EPS (Rs.) 17.1215.0011.5011.938.67
Diluted EPS (Rs.) 17.1215.0011.5011.938.67
Cash EPS (Rs.) 108.7217.3714.7115.5312.78
Book Value[Excl.RevalReserv]/Share (Rs.) 261.32157.41143.52134.21124.38
Book Value[Incl.RevalReserv]/Share (Rs.) 261.32157.41143.52134.21124.38
Dividend / Share (Rs.) 5.801.501.002.002.00
Revenue From Operations / Share (Rs.) 283.06263.59318.47313.83256.24
PBDIT / Share (Rs.) 37.0434.4132.1731.7829.85
PBIT / Share (Rs.) 34.2531.7728.9628.1825.75
PBT / Share (Rs.) 125.9019.6514.9416.1011.76
Net Profit / Share (Rs.) 105.9314.7311.5011.938.67
PBDIT Margin (%) 13.0813.0510.1010.1211.65
PBIT Margin (%) 12.0912.059.098.9810.04
PBT Margin (%) 44.477.454.695.124.58
Net Profit Margin (%) 37.425.593.613.803.38
Return on Networth / Equity (%) 40.539.368.018.886.97
Return on Capital Employeed (%) 12.4018.3618.4618.7017.92
Return On Assets (%) 20.393.732.552.922.20
Long Term Debt / Equity (X) 0.000.000.010.030.05
Total Debt / Equity (X) 0.320.600.900.890.85
Asset Turnover Ratio (%) 0.610.650.740.780.63
Current Ratio (X) 1.921.541.341.331.32
Quick Ratio (X) 1.761.421.291.271.26
Inventory Turnover Ratio (X) 8.450.730.490.550.88
Dividend Payout Ratio (NP) (%) 1.416.7817.3916.7623.06
Dividend Payout Ratio (CP) (%) 1.375.7513.6012.8815.65
Earning Retention Ratio (%) 98.5993.2282.6183.2476.94
Cash Earning Retention Ratio (%) 98.6394.2586.4087.1284.35
Interest Coverage Ratio (X) 3.132.842.292.632.13
Interest Coverage Ratio (Post Tax) (X) 1.212.211.821.991.62
Enterprise Value (Cr.) 1927.951799.121172.681405.541322.06
EV / Net Operating Revenue (X) 1.291.300.760.921.06
EV / EBITDA (X) 9.889.927.529.139.14
MarketCap / Net Operating Revenue (X) 1.290.960.380.560.67
Retention Ratios (%) 98.5893.2182.6083.2376.93
Price / BV (X) 1.401.620.841.331.39
Price / Net Operating Revenue (X) 1.290.960.380.560.67
EarningsYield 0.290.050.090.060.05

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Indian Hume Pipe Company Ltd. is a Public Limited Listed company incorporated on 20/07/1926 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L51500MH1926PLC001255 and registration number is 001255. Currently Company is involved in the business activities of Construction and repair of sewer systems including sewage disposal plants and pumping stations. Company's Total Operating Revenue is Rs. 1491.23 Cr. and Equity Capital is Rs. 10.54 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Cement ProductsConstruction House, 2nd Floor, Mumbai Maharashtra 400001Contact not found
Management
NamePosition Held
Mr. Rajas R DoshiChairman & Managing Director
Mr. Mayur R DoshiVice Chairman & Jt Manag. Dir.
Ms. Jyoti R DoshiNon Executive Director
Ms. Anima B KapadiaNon Executive Director
Mr. Ashish G VaidIndependent Director
Mr. Rohit R DhootIndependent Director
Ms. Sucheta N ShahIndependent Director
Mr. Nandan DamaniIndependent Director

FAQ

What is the intrinsic value of Indian Hume Pipe Company Ltd and is it undervalued?

As of 10 May 2026, Indian Hume Pipe Company Ltd's intrinsic value is ₹724.35, which is 111.18% higher than the current market price of ₹343.00, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (9.17 %), book value (₹266), dividend yield (0.52 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Indian Hume Pipe Company Ltd?

Indian Hume Pipe Company Ltd is trading at ₹343.00 as of 10 May 2026, with a FY2026-2027 high of ₹490 and low of ₹280. The stock is currently in the middle of its 52-week range. Market cap stands at ₹1,809 Cr..

How does Indian Hume Pipe Company Ltd's P/E ratio compare to its industry?

Indian Hume Pipe Company Ltd has a P/E ratio of 17.2, which is above the industry average of 15.12. The premium over industry average may reflect growth expectations or speculative interest.

Is Indian Hume Pipe Company Ltd financially healthy?

Key indicators for Indian Hume Pipe Company Ltd: ROCE of 11.9 % is moderate. Dividend yield is 0.52 %.

Is Indian Hume Pipe Company Ltd profitable and how is the profit trend?

Indian Hume Pipe Company Ltd reported a net profit of ₹558 Cr in Mar 2025 on revenue of ₹1,491 Cr. Compared to ₹58 Cr in Mar 2022, the net profit shows an improving trend.

Does Indian Hume Pipe Company Ltd pay dividends?

Indian Hume Pipe Company Ltd has a dividend yield of 0.52 % at the current price of ₹343.00. The company pays dividends, though the yield is modest.

Last Updated: May 5, 2026, 12:23 am
Author: Getaka|Social: XLinkedIn
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Indian Hume Pipe Company Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE