Share Price and Basic Stock Data
Last Updated: January 9, 2026, 8:32 pm
| PEG Ratio | 14.20 |
|---|
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 sector, with a current market capitalization of ₹1,272 Cr. The company reported a significant revenue growth trajectory, with sales rising from ₹431 Cr in FY 2022 to ₹644 Cr in FY 2023, and projected sales of ₹1,604 Cr for FY 2025. The quarterly sales figures also reflect this upward trend, with the latest reported sales for September 2023 standing at ₹302 Cr, marking a year-on-year increase from ₹127 Cr in September 2022. This robust growth is indicative of strong demand in the steel pipe sector, which has been buoyed by infrastructure projects and increased construction activity across India. The company’s operating profit margin (OPM) has remained relatively stable, hovering around 12-13% over the last few quarters, which suggests efficient cost management despite rising input costs. Overall, the revenue trajectory and consistent operational performance position Hariom Pipe Industries favorably within the industry landscape.
Profitability and Efficiency Metrics
Hariom Pipe Industries reported a net profit of ₹62 Cr for FY 2025, up from ₹46 Cr in FY 2023, reflecting a solid growth in profitability. The profit before tax for FY 2025 stood at ₹83 Cr, with an impressive net profit margin of 4.54%. The company has maintained a return on equity (ROE) of 11.9%, while the return on capital employed (ROCE) is at 14.1%, indicating effective utilization of capital for generating returns. The interest coverage ratio (ICR) of 3.97x further underscores the company’s ability to meet its interest obligations comfortably. However, the cash conversion cycle (CCC) of 134 days and the rising inventory days may point to potential inefficiencies in working capital management. Despite these challenges, the operating profit has shown resilience, with figures for FY 2025 expected to reach ₹175 Cr, indicating that the company is managing to navigate through cost pressures effectively.
Balance Sheet Strength and Financial Ratios
As of September 2025, Hariom Pipe Industries reported total assets of ₹1,143 Cr, with borrowings at ₹418 Cr, leading to a total debt-to-equity ratio of 0.69x. This ratio is relatively moderate, indicating a balanced approach to leveraging. The reserves have increased significantly to ₹574 Cr, reflecting a strengthening balance sheet. The company’s current ratio stands at 1.45, suggesting adequate liquidity to cover short-term liabilities. The price-to-book value (P/BV) ratio is noted at 1.80x, which is relatively attractive compared to typical sector benchmarks, indicating that the stock is not overly priced relative to its book value. However, the depreciation expenses are on the rise, with ₹50 Cr reported for FY 2025, which could impact future profitability. Overall, the balance sheet reflects a stable financial position, supported by healthy reserves and manageable debt levels.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Hariom Pipe Industries indicates a strong ownership structure, with promoters holding 57.27% of the shares as of September 2025. This level of promoter holding is a positive sign for investor confidence, suggesting that the management has significant skin in the game. Foreign institutional investors (FIIs) have increased their stake to 9.53%, while domestic institutional investors (DIIs) hold a minimal 0.16%. The public shareholding stands at 33.06%, which reflects a growing interest from retail investors, as the number of shareholders has risen to 57,910. This increase in retail participation can be attributed to the company’s consistent performance and growth prospects. However, the declining promoter holding from 66.03% in December 2022 to the current level may raise questions about long-term intentions, although it remains within a healthy range. Overall, the shareholding structure supports a favorable investment climate.
Outlook, Risks, and Final Insight
Looking ahead, Hariom Pipe Industries is well-positioned to capitalize on the ongoing infrastructure boom in India, which is likely to sustain demand for steel pipes. However, risks such as fluctuations in raw material prices and potential disruptions in supply chains could impact profitability. Additionally, the company’s relatively high cash conversion cycle and increasing inventory days pose operational challenges that need to be addressed. Strategic initiatives to enhance operational efficiency and working capital management will be crucial for sustaining growth. If Hariom Pipe Industries can successfully navigate these risks while leveraging its strong market position, it may see continued revenue and profit growth in the coming years. Conversely, failure to manage these operational inefficiencies could hinder performance and investor sentiment. Overall, the company presents an intriguing investment opportunity within the steel industry, driven by solid fundamentals and growth potential.
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 | 16.8 Cr. | 14.2 | 20.7/11.8 | 6.21 | 0.00 % | % | % | 5.00 | |
| Hariom Pipe Industries Ltd | 1,238 Cr. | 401 | 572/301 | 19.8 | 195 | 0.15 % | 14.1 % | 11.9 % | 10.0 |
| Earthstahl & Alloys Ltd | 24.6 Cr. | 20.1 | 42.4/16.8 | 28.0 | 0.00 % | 3.58 % | 1.43 % | 10.0 | |
| Crimson Metal Engineering Company Ltd | 21.3 Cr. | 48.1 | 48.1/10.8 | 177 | 12.8 | 0.00 % | 8.11 % | 2.35 % | 10.0 |
| Welspun Corp Ltd | 19,886 Cr. | 754 | 995/664 | 11.2 | 311 | 0.66 % | 21.2 % | 18.6 % | 5.00 |
| Industry Average | 10,562.73 Cr | 508.38 | 39.53 | 163.02 | 0.44% | 15.34% | 11.65% | 4.69 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 127 | 123 | 252 | 240 | 302 | 280 | 331 | 343 | 314 | 300 | 400 | 461 | 336 |
| Expenses | 111 | 104 | 220 | 212 | 266 | 247 | 289 | 299 | 272 | 260 | 351 | 403 | 293 |
| Operating Profit | 16 | 18 | 31 | 28 | 36 | 33 | 42 | 45 | 42 | 40 | 49 | 58 | 43 |
| OPM % | 13% | 15% | 12% | 12% | 12% | 12% | 13% | 13% | 13% | 13% | 12% | 12% | 13% |
| Other Income | 0 | 0 | 0 | 1 | 1 | 2 | 1 | 1 | 1 | 0 | 0 | 1 | 1 |
| Interest | 2 | 2 | 5 | 4 | 7 | 11 | 10 | 11 | 10 | 12 | 12 | 12 | 13 |
| Depreciation | 2 | 2 | 3 | 5 | 9 | 10 | 10 | 12 | 12 | 13 | 14 | 14 | 16 |
| Profit before tax | 12 | 14 | 24 | 20 | 20 | 14 | 24 | 23 | 22 | 15 | 23 | 32 | 14 |
| Tax % | 25% | 28% | 27% | 22% | 27% | 29% | 29% | 23% | 27% | 27% | 26% | 27% | 27% |
| Net Profit | 9 | 10 | 17 | 15 | 15 | 10 | 17 | 18 | 16 | 11 | 17 | 24 | 10 |
| EPS in Rs | 3.64 | 3.98 | 6.25 | 5.59 | 5.35 | 3.55 | 5.81 | 5.66 | 5.09 | 3.63 | 5.57 | 7.62 | 3.36 |
Last Updated: January 7, 2026, 1:36 am
Below is a detailed analysis of the quarterly data for Hariom Pipe Industries Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 336.00 Cr.. The value appears to be declining and may need further review. It has decreased from 461.00 Cr. (Jun 2025) to 336.00 Cr., marking a decrease of 125.00 Cr..
- For Expenses, as of Sep 2025, the value is 293.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 403.00 Cr. (Jun 2025) to 293.00 Cr., marking a decrease of 110.00 Cr..
- For Operating Profit, as of Sep 2025, the value is 43.00 Cr.. The value appears to be declining and may need further review. It has decreased from 58.00 Cr. (Jun 2025) to 43.00 Cr., marking a decrease of 15.00 Cr..
- For OPM %, as of Sep 2025, the value is 13.00%. The value appears strong and on an upward trend. It has increased from 12.00% (Jun 2025) to 13.00%, marking an increase of 1.00%.
- For Other Income, as of Sep 2025, the value is 1.00 Cr.. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 1.00 Cr..
- For Interest, as of Sep 2025, the value is 13.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 12.00 Cr. (Jun 2025) to 13.00 Cr., marking an increase of 1.00 Cr..
- For Depreciation, as of Sep 2025, the value is 16.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 14.00 Cr. (Jun 2025) to 16.00 Cr., marking an increase of 2.00 Cr..
- For Profit before tax, as of Sep 2025, the value is 14.00 Cr.. The value appears to be declining and may need further review. It has decreased from 32.00 Cr. (Jun 2025) to 14.00 Cr., marking a decrease of 18.00 Cr..
- For Tax %, as of Sep 2025, the value is 27.00%. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 27.00%.
- For Net Profit, as of Sep 2025, the value is 10.00 Cr.. The value appears to be declining and may need further review. It has decreased from 24.00 Cr. (Jun 2025) to 10.00 Cr., marking a decrease of 14.00 Cr..
- For EPS in Rs, as of Sep 2025, the value is 3.36. The value appears to be declining and may need further review. It has decreased from 7.62 (Jun 2025) to 3.36, marking a decrease of 4.26.
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: January 7, 2026, 5:36 pm
| 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: 19.8 (Industry average Stock P/E: 39.53)
- 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 | Contact not found |
| 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 09 January 2026) is ₹368.12 which is 8.20% lower the current market price of ₹401.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹1,238 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 1,238 Cr..
What is the current Stock Price of Hariom Pipe Industries Ltd as on 09 January 2026?
The current stock price of Hariom Pipe Industries Ltd as on 09 January 2026 is ₹401.
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 19.8.
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 0.15 %.
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.

