Share Price and Basic Stock Data
Last Updated: December 20, 2025, 4:12 am
| PEG Ratio | 12.48 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Hariom Pipe Industries Ltd operates in the steel tubes and pipes industry, a sector that has witnessed significant fluctuations in demand and pricing in recent years. The company reported a remarkable revenue growth trajectory, with sales rising from ₹431 Cr in FY 2022 to ₹644 Cr in FY 2023, and further accelerating to ₹1,360 Cr in FY 2024. This impressive growth trajectory reflects a robust demand for its products, bolstered by infrastructure spending and recovery in construction activities. Despite a slight dip in sales to ₹1,475 Cr for the trailing twelve months (TTM), the overall trend indicates strong underlying momentum. Quarterly sales figures also highlight this growth, with the latest quarter (September 2023) recording ₹302 Cr, up from ₹127 Cr in September 2022. This suggests that the company is adapting well to market fluctuations and capitalizing on opportunities as they arise.
Profitability and Efficiency Metrics
When it comes to profitability, Hariom Pipe Industries has shown resilience, with net profits rising from ₹32 Cr in FY 2022 to ₹46 Cr in FY 2023, and further to ₹62 Cr in FY 2025. The operating profit margin (OPM) has remained relatively stable, standing at 11% for FY 2025, which is commendable given the industry’s historical volatility. However, the company’s interest coverage ratio of 3.97x indicates a comfortable ability to meet its interest obligations, which is crucial for maintaining financial health amid rising borrowing costs. The cash conversion cycle (CCC) has improved to 134 days in FY 2025, down from 207 days in FY 2023, showcasing enhanced operational efficiency in managing inventory and receivables. This efficiency not only improves cash flow but also positions the company well to invest in growth initiatives and weather economic downturns.
Balance Sheet Strength and Financial Ratios
On the balance sheet front, Hariom Pipe Industries appears to be in a stable position, with total borrowings reported at ₹418 Cr against reserves of ₹574 Cr. This provides a healthy cushion for the company, reflected in its debt-to-equity ratio of 0.69x, which suggests a balanced approach to leveraging. The return on equity (ROE) stood at 11.9%, while return on capital employed (ROCE) was recorded at 14.1%, indicating effective utilization of capital to generate profits. However, the company’s current ratio of 1.45x suggests that while it can meet its short-term obligations, there is room for improvement in liquidity management. The price-to-book value ratio of 1.80x indicates that the stock is trading at a premium relative to its book value, which could reflect investor confidence but also raises questions about valuation sustainability in a fluctuating market.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Hariom Pipe Industries reveals a stable structure, with promoters holding 57.27% of the company’s equity as of March 2025. This strong promoter stake can inspire confidence among retail investors, as it suggests alignment of interests between management and shareholders. Foreign institutional investors (FIIs) have gradually increased their stake to 9.53%, indicating growing confidence from external investors in the company’s growth story. In contrast, domestic institutional investors (DIIs) remain minimal at 0.16%, which could reflect a cautious approach towards the steel sector amid economic uncertainties. The total number of shareholders has climbed to 57,910, demonstrating increased retail participation and interest in the company, which is a positive sign for liquidity and market perception.
Outlook, Risks, and Final Insight
Looking ahead, Hariom Pipe Industries faces both opportunities and challenges. The ongoing government focus on infrastructure development and housing could drive further demand for its products, providing a solid growth avenue. However, the company must navigate risks related to raw material price volatility, particularly in a steel industry that can be heavily influenced by global supply chain disruptions. Additionally, increasing competition in the sector may pressure margins, especially if economic conditions lead to price wars. Investors should weigh these factors carefully; while the financial metrics indicate a strong operational foundation, the external environment poses significant uncertainties. As such, a prudent approach would involve monitoring both the company’s financial health and broader industry trends before making investment decisions.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Mukat Pipes Ltd | 16.3 Cr. | 13.8 | 22.0/11.8 | 6.21 | 0.00 % | % | % | 5.00 | |
| Hariom Pipe Industries Ltd | 1,089 Cr. | 352 | 572/301 | 17.4 | 195 | 0.17 % | 14.1 % | 11.9 % | 10.0 |
| Earthstahl & Alloys Ltd | 24.5 Cr. | 20.0 | 43.8/16.8 | 28.0 | 0.00 % | 3.58 % | 1.43 % | 10.0 | |
| Crimson Metal Engineering Company Ltd | 19.3 Cr. | 43.6 | 43.7/10.8 | 161 | 12.8 | 0.00 % | 8.11 % | 2.35 % | 10.0 |
| Welspun Corp Ltd | 20,510 Cr. | 778 | 995/664 | 11.6 | 311 | 0.64 % | 21.2 % | 18.6 % | 5.00 |
| Industry Average | 10,474.91 Cr | 507.93 | 38.10 | 163.02 | 0.44% | 15.34% | 11.65% | 4.69 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 142 | 127 | 123 | 252 | 240 | 302 | 280 | 331 | 343 | 314 | 300 | 400 | 461 |
| Expenses | 126 | 111 | 104 | 220 | 212 | 266 | 247 | 289 | 299 | 272 | 260 | 351 | 403 |
| Operating Profit | 16 | 16 | 18 | 31 | 28 | 36 | 33 | 42 | 45 | 42 | 40 | 49 | 58 |
| OPM % | 11% | 13% | 15% | 12% | 12% | 12% | 12% | 13% | 13% | 13% | 13% | 12% | 12% |
| Other Income | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 1 | 1 | 1 | 0 | 0 | 1 |
| Interest | 2 | 2 | 2 | 5 | 4 | 7 | 11 | 10 | 11 | 10 | 12 | 12 | 12 |
| Depreciation | 2 | 2 | 2 | 3 | 5 | 9 | 10 | 10 | 12 | 12 | 13 | 14 | 14 |
| Profit before tax | 13 | 12 | 14 | 24 | 20 | 20 | 14 | 24 | 23 | 22 | 15 | 23 | 32 |
| Tax % | 25% | 25% | 28% | 27% | 22% | 27% | 29% | 29% | 23% | 27% | 27% | 26% | 27% |
| Net Profit | 10 | 9 | 10 | 17 | 15 | 15 | 10 | 17 | 18 | 16 | 11 | 17 | 24 |
| EPS in Rs | 3.74 | 3.64 | 3.98 | 6.25 | 5.59 | 5.35 | 3.55 | 5.81 | 5.66 | 5.09 | 3.63 | 5.57 | 7.62 |
Last Updated: August 19, 2025, 2:05 pm
Below is a detailed analysis of the quarterly data for Hariom Pipe Industries Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 461.00 Cr.. The value appears strong and on an upward trend. It has increased from 400.00 Cr. (Mar 2025) to 461.00 Cr., marking an increase of 61.00 Cr..
- For Expenses, as of Jun 2025, the value is 403.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 351.00 Cr. (Mar 2025) to 403.00 Cr., marking an increase of 52.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 58.00 Cr.. The value appears strong and on an upward trend. It has increased from 49.00 Cr. (Mar 2025) to 58.00 Cr., marking an increase of 9.00 Cr..
- For OPM %, as of Jun 2025, the value is 12.00%. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 12.00%.
- For Other Income, as of Jun 2025, the value is 1.00 Cr.. The value appears strong and on an upward trend. It has increased from 0.00 Cr. (Mar 2025) to 1.00 Cr., marking an increase of 1.00 Cr..
- For Interest, as of Jun 2025, the value is 12.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 12.00 Cr..
- For Depreciation, as of Jun 2025, the value is 14.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 14.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 32.00 Cr.. The value appears strong and on an upward trend. It has increased from 23.00 Cr. (Mar 2025) to 32.00 Cr., marking an increase of 9.00 Cr..
- For Tax %, as of Jun 2025, the value is 27.00%. The value appears to be increasing, which may not be favorable. It has increased from 26.00% (Mar 2025) to 27.00%, marking an increase of 1.00%.
- For Net Profit, as of Jun 2025, the value is 24.00 Cr.. The value appears strong and on an upward trend. It has increased from 17.00 Cr. (Mar 2025) to 24.00 Cr., marking an increase of 7.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 7.62. The value appears strong and on an upward trend. It has increased from 5.57 (Mar 2025) to 7.62, marking an increase of 2.05.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 3:35 am
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 87 | 105 | 134 | 161 | 254 | 431 | 644 | 1,360 | 1,604 | 1,496 |
| Expenses | 80 | 90 | 117 | 137 | 220 | 374 | 562 | 1,221 | 1,429 | 1,308 |
| Operating Profit | 7 | 15 | 17 | 23 | 34 | 56 | 82 | 139 | 175 | 189 |
| OPM % | 8% | 14% | 13% | 15% | 13% | 13% | 13% | 10% | 11% | 13% |
| Other Income | 1 | 0 | 0 | 0 | 1 | 3 | 1 | 5 | 3 | 3 |
| Interest | 3 | 3 | 3 | 7 | 8 | 8 | 10 | 33 | 45 | 50 |
| Depreciation | 2 | 3 | 2 | 5 | 6 | 8 | 9 | 34 | 50 | 57 |
| Profit before tax | 2 | 10 | 12 | 11 | 21 | 43 | 63 | 77 | 83 | 85 |
| Tax % | 33% | 36% | 31% | 30% | 29% | 25% | 26% | 27% | 26% | |
| Net Profit | 2 | 6 | 8 | 8 | 15 | 32 | 46 | 57 | 62 | 62 |
| EPS in Rs | 9.47 | 5.94 | 6.21 | 5.98 | 8.92 | 18.83 | 16.73 | 19.68 | 19.93 | 20.18 |
| Dividend Payout % | 0% | 0% | 10% | 0% | 0% | 0% | 0% | 3% | 3% |
YoY Net Profit Growth
| Year | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 200.00% | 33.33% | 0.00% | 87.50% | 113.33% | 43.75% | 23.91% | 8.77% |
| Change in YoY Net Profit Growth (%) | 0.00% | -166.67% | -33.33% | 87.50% | 25.83% | -69.58% | -19.84% | -15.14% |
Hariom Pipe Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2017-2018 to 2024-2025.
No data available for the compounded sales growth chart.
Balance Sheet
Last Updated: December 4, 2025, 3:01 am
| Month | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 11 | 13 | 13 | 17 | 17 | 28 | 29 | 31 | 31 |
| Reserves | 10 | 9 | 21 | 35 | 54 | 84 | 348 | 435 | 542 | 574 |
| Borrowings | 29 | 25 | 56 | 68 | 80 | 87 | 297 | 372 | 401 | 418 |
| Other Liabilities | 7 | 13 | 14 | 23 | 23 | 27 | 37 | 44 | 223 | 121 |
| Total Liabilities | 47 | 58 | 105 | 140 | 174 | 216 | 709 | 880 | 1,197 | 1,143 |
| Fixed Assets | 12 | 12 | 43 | 50 | 59 | 54 | 135 | 366 | 424 | 473 |
| CWIP | 0 | 1 | 0 | 0 | 8 | 10 | 103 | 13 | 12 | 9 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 36 | 46 | 62 | 90 | 107 | 152 | 471 | 501 | 761 | 661 |
| Total Assets | 47 | 58 | 105 | 140 | 174 | 216 | 709 | 880 | 1,197 | 1,143 |
Below is a detailed analysis of the balance sheet data for Hariom Pipe Industries Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 31.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 31.00 Cr..
- For Reserves, as of Sep 2025, the value is 574.00 Cr.. The value appears strong and on an upward trend. It has increased from 542.00 Cr. (Mar 2025) to 574.00 Cr., marking an increase of 32.00 Cr..
- For Borrowings, as of Sep 2025, the value is 418.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 401.00 Cr. (Mar 2025) to 418.00 Cr., marking an increase of 17.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 121.00 Cr.. The value appears to be improving (decreasing). It has decreased from 223.00 Cr. (Mar 2025) to 121.00 Cr., marking a decrease of 102.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 1,143.00 Cr.. The value appears to be improving (decreasing). It has decreased from 1,197.00 Cr. (Mar 2025) to 1,143.00 Cr., marking a decrease of 54.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 473.00 Cr.. The value appears strong and on an upward trend. It has increased from 424.00 Cr. (Mar 2025) to 473.00 Cr., marking an increase of 49.00 Cr..
- For CWIP, as of Sep 2025, the value is 9.00 Cr.. The value appears to be declining and may need further review. It has decreased from 12.00 Cr. (Mar 2025) to 9.00 Cr., marking a decrease of 3.00 Cr..
- For Investments, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Other Assets, as of Sep 2025, the value is 661.00 Cr.. The value appears to be declining and may need further review. It has decreased from 761.00 Cr. (Mar 2025) to 661.00 Cr., marking a decrease of 100.00 Cr..
- For Total Assets, as of Sep 2025, the value is 1,143.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,197.00 Cr. (Mar 2025) to 1,143.00 Cr., marking a decrease of 54.00 Cr..
Notably, the Reserves (574.00 Cr.) exceed the Borrowings (418.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -22.00 | -10.00 | -39.00 | -45.00 | -46.00 | -31.00 | -215.00 | -233.00 | -226.00 |
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.
Financial Efficiency Indicators
| Month | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 23 | 36 | 29 | 52 | 28 | 23 | 49 | 33 | 46 |
| Inventory Days | 165 | 196 | 169 | 251 | 174 | 150 | 172 | 124 | 156 |
| Days Payable | 28 | 31 | 21 | 63 | 9 | 14 | 13 | 8 | 68 |
| Cash Conversion Cycle | 161 | 201 | 177 | 240 | 193 | 159 | 207 | 149 | 134 |
| Working Capital Days | 121 | 58 | 65 | 59 | 57 | 62 | 69 | 44 | 42 |
| ROCE % | 30% | 22% | 18% | 21% | 28% | 17% | 15% | 14% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| ITI ELSS Tax Saver Fund | 58,141 | 0.56 | 2.14 | N/A | N/A | N/A |
Key Financial Ratios
| Month | Mar 25 | Mar 24 |
|---|---|---|
| FaceValue | 10.00 | 10.00 |
| Basic EPS (Rs.) | 20.25 | 20.34 |
| Diluted EPS (Rs.) | 19.93 | 18.34 |
| Cash EPS (Rs.) | 36.18 | 31.41 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 184.66 | 160.50 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 184.66 | 160.50 |
| Revenue From Operations / Share (Rs.) | 438.22 | 399.51 |
| PBDIT / Share (Rs.) | 57.58 | 49.81 |
| PBIT / Share (Rs.) | 41.34 | 38.08 |
| PBT / Share (Rs.) | 26.84 | 26.80 |
| Net Profit / Share (Rs.) | 19.93 | 19.68 |
| NP After MI And SOA / Share (Rs.) | 19.93 | 19.68 |
| PBDIT Margin (%) | 13.14 | 12.46 |
| PBIT Margin (%) | 9.43 | 9.53 |
| PBT Margin (%) | 6.12 | 6.70 |
| Net Profit Margin (%) | 4.54 | 4.92 |
| NP After MI And SOA Margin (%) | 4.54 | 4.92 |
| Return on Networth / Equity (%) | 10.79 | 12.26 |
| Return on Capital Employeed (%) | 18.88 | 18.51 |
| Return On Assets (%) | 5.15 | 6.45 |
| Long Term Debt / Equity (X) | 0.16 | 0.25 |
| Total Debt / Equity (X) | 0.69 | 0.79 |
| Asset Turnover Ratio (%) | 1.31 | 0.00 |
| Current Ratio (X) | 1.45 | 1.68 |
| Quick Ratio (X) | 0.62 | 0.64 |
| Inventory Turnover Ratio (X) | 3.75 | 0.00 |
| Dividend Payout Ratio (NP) (%) | 3.00 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 1.65 | 0.00 |
| Earning Retention Ratio (%) | 97.00 | 0.00 |
| Cash Earning Retention Ratio (%) | 98.35 | 0.00 |
| Interest Coverage Ratio (X) | 3.97 | 4.42 |
| Interest Coverage Ratio (Post Tax) (X) | 2.37 | 2.74 |
| Enterprise Value (Cr.) | 1380.28 | 1644.52 |
| EV / Net Operating Revenue (X) | 1.02 | 1.43 |
| EV / EBITDA (X) | 7.74 | 11.44 |
| MarketCap / Net Operating Revenue (X) | 0.75 | 1.13 |
| Retention Ratios (%) | 96.99 | 0.00 |
| Price / BV (X) | 1.80 | 2.82 |
| Price / Net Operating Revenue (X) | 0.75 | 1.13 |
| EarningsYield | 0.05 | 0.04 |
After reviewing the key financial ratios for Hariom Pipe Industries Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 20.25. This value is within the healthy range. It has decreased from 20.34 (Mar 24) to 20.25, marking a decrease of 0.09.
- For Diluted EPS (Rs.), as of Mar 25, the value is 19.93. This value is within the healthy range. It has increased from 18.34 (Mar 24) to 19.93, marking an increase of 1.59.
- For Cash EPS (Rs.), as of Mar 25, the value is 36.18. This value is within the healthy range. It has increased from 31.41 (Mar 24) to 36.18, marking an increase of 4.77.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 184.66. It has increased from 160.50 (Mar 24) to 184.66, marking an increase of 24.16.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 184.66. It has increased from 160.50 (Mar 24) to 184.66, marking an increase of 24.16.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 438.22. It has increased from 399.51 (Mar 24) to 438.22, marking an increase of 38.71.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 57.58. This value is within the healthy range. It has increased from 49.81 (Mar 24) to 57.58, marking an increase of 7.77.
- For PBIT / Share (Rs.), as of Mar 25, the value is 41.34. This value is within the healthy range. It has increased from 38.08 (Mar 24) to 41.34, marking an increase of 3.26.
- For PBT / Share (Rs.), as of Mar 25, the value is 26.84. This value is within the healthy range. It has increased from 26.80 (Mar 24) to 26.84, marking an increase of 0.04.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 19.93. This value is within the healthy range. It has increased from 19.68 (Mar 24) to 19.93, marking an increase of 0.25.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 19.93. This value is within the healthy range. It has increased from 19.68 (Mar 24) to 19.93, marking an increase of 0.25.
- For PBDIT Margin (%), as of Mar 25, the value is 13.14. This value is within the healthy range. It has increased from 12.46 (Mar 24) to 13.14, marking an increase of 0.68.
- For PBIT Margin (%), as of Mar 25, the value is 9.43. This value is below the healthy minimum of 10. It has decreased from 9.53 (Mar 24) to 9.43, marking a decrease of 0.10.
- For PBT Margin (%), as of Mar 25, the value is 6.12. This value is below the healthy minimum of 10. It has decreased from 6.70 (Mar 24) to 6.12, marking a decrease of 0.58.
- For Net Profit Margin (%), as of Mar 25, the value is 4.54. This value is below the healthy minimum of 5. It has decreased from 4.92 (Mar 24) to 4.54, marking a decrease of 0.38.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 4.54. This value is below the healthy minimum of 8. It has decreased from 4.92 (Mar 24) to 4.54, marking a decrease of 0.38.
- For Return on Networth / Equity (%), as of Mar 25, the value is 10.79. This value is below the healthy minimum of 15. It has decreased from 12.26 (Mar 24) to 10.79, marking a decrease of 1.47.
- For Return on Capital Employeed (%), as of Mar 25, the value is 18.88. This value is within the healthy range. It has increased from 18.51 (Mar 24) to 18.88, marking an increase of 0.37.
- For Return On Assets (%), as of Mar 25, the value is 5.15. This value is within the healthy range. It has decreased from 6.45 (Mar 24) to 5.15, marking a decrease of 1.30.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.16. This value is below the healthy minimum of 0.2. It has decreased from 0.25 (Mar 24) to 0.16, marking a decrease of 0.09.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.69. This value is within the healthy range. It has decreased from 0.79 (Mar 24) to 0.69, marking a decrease of 0.10.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.31. It has increased from 0.00 (Mar 24) to 1.31, marking an increase of 1.31.
- For Current Ratio (X), as of Mar 25, the value is 1.45. This value is below the healthy minimum of 1.5. It has decreased from 1.68 (Mar 24) to 1.45, marking a decrease of 0.23.
- For Quick Ratio (X), as of Mar 25, the value is 0.62. This value is below the healthy minimum of 1. It has decreased from 0.64 (Mar 24) to 0.62, marking a decrease of 0.02.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 3.75. This value is below the healthy minimum of 4. It has increased from 0.00 (Mar 24) to 3.75, marking an increase of 3.75.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 3.00. This value is below the healthy minimum of 20. It has increased from 0.00 (Mar 24) to 3.00, marking an increase of 3.00.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 1.65. This value is below the healthy minimum of 20. It has increased from 0.00 (Mar 24) to 1.65, marking an increase of 1.65.
- For Earning Retention Ratio (%), as of Mar 25, the value is 97.00. This value exceeds the healthy maximum of 70. It has increased from 0.00 (Mar 24) to 97.00, marking an increase of 97.00.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 98.35. This value exceeds the healthy maximum of 70. It has increased from 0.00 (Mar 24) to 98.35, marking an increase of 98.35.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 3.97. This value is within the healthy range. It has decreased from 4.42 (Mar 24) to 3.97, marking a decrease of 0.45.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 2.37. This value is below the healthy minimum of 3. It has decreased from 2.74 (Mar 24) to 2.37, marking a decrease of 0.37.
- For Enterprise Value (Cr.), as of Mar 25, the value is 1,380.28. It has decreased from 1,644.52 (Mar 24) to 1,380.28, marking a decrease of 264.24.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.02. This value is within the healthy range. It has decreased from 1.43 (Mar 24) to 1.02, marking a decrease of 0.41.
- For EV / EBITDA (X), as of Mar 25, the value is 7.74. This value is within the healthy range. It has decreased from 11.44 (Mar 24) to 7.74, marking a decrease of 3.70.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 0.75. This value is below the healthy minimum of 1. It has decreased from 1.13 (Mar 24) to 0.75, marking a decrease of 0.38.
- For Retention Ratios (%), as of Mar 25, the value is 96.99. This value exceeds the healthy maximum of 70. It has increased from 0.00 (Mar 24) to 96.99, marking an increase of 96.99.
- For Price / BV (X), as of Mar 25, the value is 1.80. This value is within the healthy range. It has decreased from 2.82 (Mar 24) to 1.80, marking a decrease of 1.02.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 0.75. This value is below the healthy minimum of 1. It has decreased from 1.13 (Mar 24) to 0.75, marking a decrease of 0.38.
- For EarningsYield, as of Mar 25, the value is 0.05. This value is below the healthy minimum of 5. It has increased from 0.04 (Mar 24) to 0.05, marking an increase of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Hariom Pipe Industries Ltd:
- Net Profit Margin: 4.54%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 18.88% (Industry Average ROCE: 15.34%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 10.79% (Industry Average ROE: 11.65%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 2.37
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.62
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 17.4 (Industry average Stock P/E: 38.1)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.69
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 4.54%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Steel - Tubes/Pipes | 3-4-174/12/2, 1st Floor, Samarpan Lane, Besides Spencer�s, Hyderabad Telangana 500048 | cs@hariompipes.com http://www.hariompipes.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Pramod Kumar Kapoor | Chairman & Ind.Director |
| Mr. Rupesh Kumar Gupta | Managing Director |
| Mr. Sailesh Gupta | Whole Time Director |
| Mrs. Sunita Gupta | Non Executive Director |
| Mr. Soumen Bose | Non Executive Director |
| Mr. Rajender Reddy Gankidi | Independent Director |
| Mrs. Sneha Sankla | Independent Director |
FAQ
What is the intrinsic value of Hariom Pipe Industries Ltd?
Hariom Pipe Industries Ltd's intrinsic value (as of 19 December 2025) is 323.56 which is 8.08% lower the current market price of 352.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 1,089 Cr. market cap, FY2025-2026 high/low of 572/301, reserves of ₹574 Cr, and liabilities of 1,143 Cr.
What is the Market Cap of Hariom Pipe Industries Ltd?
The Market Cap of Hariom Pipe Industries Ltd is 1,089 Cr..
What is the current Stock Price of Hariom Pipe Industries Ltd as on 19 December 2025?
The current stock price of Hariom Pipe Industries Ltd as on 19 December 2025 is 352.
What is the High / Low of Hariom Pipe Industries Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Hariom Pipe Industries Ltd stocks is 572/301.
What is the Stock P/E of Hariom Pipe Industries Ltd?
The Stock P/E of Hariom Pipe Industries Ltd is 17.4.
What is the Book Value of Hariom Pipe Industries Ltd?
The Book Value of Hariom Pipe Industries Ltd is 195.
What is the Dividend Yield of Hariom Pipe Industries Ltd?
The Dividend Yield of Hariom Pipe Industries Ltd is 0.17 %.
What is the ROCE of Hariom Pipe Industries Ltd?
The ROCE of Hariom Pipe Industries Ltd is 14.1 %.
What is the ROE of Hariom Pipe Industries Ltd?
The ROE of Hariom Pipe Industries Ltd is 11.9 %.
What is the Face Value of Hariom Pipe Industries Ltd?
The Face Value of Hariom Pipe Industries Ltd is 10.0.

