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Last Updated on: 20 December, 2025
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 543517 | NSE: HARIOMPIPE

Hariom Pipe Industries Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: December 20, 2025, 4:12 am

Market Cap 1,089 Cr.
Current Price 352
High / Low 572/301
Stock P/E17.4
Book Value 195
Dividend Yield0.17 %
ROCE14.1 %
ROE11.9 %
Face Value 10.0
PEG Ratio12.48

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

View Share Price Target for Hariom Pipe Industries Ltd

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 6.210.00 %%% 5.00
Hariom Pipe Industries Ltd 1,089 Cr. 352 572/30117.4 1950.17 %14.1 %11.9 % 10.0
Earthstahl & Alloys Ltd 24.5 Cr. 20.0 43.8/16.8 28.00.00 %3.58 %1.43 % 10.0
Crimson Metal Engineering Company Ltd 19.3 Cr. 43.6 43.7/10.8161 12.80.00 %8.11 %2.35 % 10.0
Welspun Corp Ltd 20,510 Cr. 778 995/66411.6 3110.64 %21.2 %18.6 % 5.00
Industry Average10,474.91 Cr507.9338.10163.020.44%15.34%11.65%4.69

All Competitor Stocks of Hariom Pipe Industries Ltd

Quarterly Result

MetricJun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025
Sales 142127123252240302280331343314300400461
Expenses 126111104220212266247289299272260351403
Operating Profit 16161831283633424542404958
OPM % 11%13%15%12%12%12%12%13%13%13%13%12%12%
Other Income 0000112111001
Interest 22254711101110121212
Depreciation 22235910101212131414
Profit before tax 13121424202014242322152332
Tax % 25%25%28%27%22%27%29%29%23%27%27%26%27%
Net Profit 1091017151510171816111724
EPS in Rs 3.743.643.986.255.595.353.555.815.665.093.635.577.62

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.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: December 15, 2025, 3:35 am

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 871051341612544316441,3601,6041,496
Expenses 80901171372203745621,2211,4291,308
Operating Profit 7151723345682139175189
OPM % 8%14%13%15%13%13%13%10%11%13%
Other Income 1000131533
Interest 33378810334550
Depreciation 2325689345057
Profit before tax 2101211214363778385
Tax % 33%36%31%30%29%25%26%27%26%
Net Profit 2688153246576262
EPS in Rs 9.475.946.215.988.9218.8316.7319.6819.9320.18
Dividend Payout % 0%0%10%0%0%0%0%3%3%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
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

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 2111313171728293131
Reserves 10921355484348435542574
Borrowings 292556688087297372401418
Other Liabilities 713142323273744223121
Total Liabilities 47581051401742167098801,1971,143
Fixed Assets 121243505954135366424473
CWIP 010081010313129
Investments 0000000000
Other Assets 36466290107152471501761661
Total Assets 47581051401742167098801,1971,143

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.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +4761104-101579
Cash from Investing Activity +-0-4-32-12-23-4-222-182-86
Cash from Financing Activity +-4-330912-04267431
Net Cash Flow-0-04-2-1-1104-10224

Free Cash Flow

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 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.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days233629522823493346
Inventory Days165196169251174150172124156
Days Payable2831216391413868
Cash Conversion Cycle161201177240193159207149134
Working Capital Days1215865595762694442
ROCE %30%22%18%21%28%17%15%14%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters66.03%60.92%60.91%60.91%60.91%58.28%57.16%57.15%57.27%57.27%57.27%57.27%
FIIs2.11%2.52%2.22%2.81%2.58%6.51%10.10%9.55%9.40%9.49%9.59%9.53%
DIIs0.37%0.18%0.00%0.00%0.00%0.00%0.16%0.38%0.05%0.23%0.22%0.16%
Public31.51%36.38%36.86%36.28%36.52%35.21%32.59%32.93%33.30%33.02%32.93%33.06%
No. of Shareholders32,85630,70335,94537,85039,80643,56344,37345,72049,73354,05656,88557,910

Shareholding Pattern Chart

No. of Shareholders

Hariom Pipe Industries 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
ITI ELSS Tax Saver Fund 58,141 0.56 2.14N/AN/AN/A

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24
FaceValue 10.0010.00
Basic EPS (Rs.) 20.2520.34
Diluted EPS (Rs.) 19.9318.34
Cash EPS (Rs.) 36.1831.41
Book Value[Excl.RevalReserv]/Share (Rs.) 184.66160.50
Book Value[Incl.RevalReserv]/Share (Rs.) 184.66160.50
Revenue From Operations / Share (Rs.) 438.22399.51
PBDIT / Share (Rs.) 57.5849.81
PBIT / Share (Rs.) 41.3438.08
PBT / Share (Rs.) 26.8426.80
Net Profit / Share (Rs.) 19.9319.68
NP After MI And SOA / Share (Rs.) 19.9319.68
PBDIT Margin (%) 13.1412.46
PBIT Margin (%) 9.439.53
PBT Margin (%) 6.126.70
Net Profit Margin (%) 4.544.92
NP After MI And SOA Margin (%) 4.544.92
Return on Networth / Equity (%) 10.7912.26
Return on Capital Employeed (%) 18.8818.51
Return On Assets (%) 5.156.45
Long Term Debt / Equity (X) 0.160.25
Total Debt / Equity (X) 0.690.79
Asset Turnover Ratio (%) 1.310.00
Current Ratio (X) 1.451.68
Quick Ratio (X) 0.620.64
Inventory Turnover Ratio (X) 3.750.00
Dividend Payout Ratio (NP) (%) 3.000.00
Dividend Payout Ratio (CP) (%) 1.650.00
Earning Retention Ratio (%) 97.000.00
Cash Earning Retention Ratio (%) 98.350.00
Interest Coverage Ratio (X) 3.974.42
Interest Coverage Ratio (Post Tax) (X) 2.372.74
Enterprise Value (Cr.) 1380.281644.52
EV / Net Operating Revenue (X) 1.021.43
EV / EBITDA (X) 7.7411.44
MarketCap / Net Operating Revenue (X) 0.751.13
Retention Ratios (%) 96.990.00
Price / BV (X) 1.802.82
Price / Net Operating Revenue (X) 0.751.13
EarningsYield 0.050.04

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.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Hariom Pipe Industries Ltd as of December 20, 2025 is: 323.56

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 20, 2025, Hariom Pipe Industries Ltd is Overvalued by 8.08% compared to the current share price 352.00

Intrinsic Value of Hariom Pipe Industries Ltd as of December 20, 2025 is: 328.07

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 20, 2025, Hariom Pipe Industries Ltd is Overvalued by 6.80% compared to the current share price 352.00

Last 5 Year EPS CAGR: 1.39%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 18.33%, which is a positive sign.
  2. The company has higher reserves (211.20 cr) compared to borrowings (183.30 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (181.90 cr) and profit (40.70 cr) over the years.
  1. The stock has a high average Working Capital Days of 64.11, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 180.11, which may not be favorable.

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:
    1. 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.
    2. 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.
    3. 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.
    4. 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.
    5. 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.
    6. 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.
    7. 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.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Hariom Pipe Industries Ltd. is a Public Limited Listed company incorporated on 21/06/2007 and has its registered office in the State of Telangana, India. Company's Corporate Identification Number(CIN) is L27100TG2007PLC054564 and registration number is 054564. Currently Company is involved in the business activities of Manufacture of basic iron and steel. Company's Total Operating Revenue is Rs. 1357.05 Cr. and Equity Capital is Rs. 30.97 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Steel - Tubes/Pipes3-4-174/12/2, 1st Floor, Samarpan Lane, Besides Spencer�s, Hyderabad Telangana 500048cs@hariompipes.com
http://www.hariompipes.com
Management
NamePosition Held
Mr. Pramod Kumar KapoorChairman & Ind.Director
Mr. Rupesh Kumar GuptaManaging Director
Mr. Sailesh GuptaWhole Time Director
Mrs. Sunita GuptaNon Executive Director
Mr. Soumen BoseNon Executive Director
Mr. Rajender Reddy GankidiIndependent Director
Mrs. Sneha SanklaIndependent 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.

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 Hariom Pipe Industries 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