Share Price and Basic Stock Data
Last Updated: January 29, 2026, 7:59 pm
| PEG Ratio | 14.92 |
|---|
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 segment, a crucial industry given India’s growing infrastructure needs. The company reported a significant increase in sales, which rose from ₹431 Cr in FY 2022 to ₹644 Cr in FY 2023, marking a growth trajectory that continued into FY 2025, where sales stood at ₹1,604 Cr. The trailing twelve months (TTM) sales recorded ₹1,496 Cr, indicating a consistent revenue stream. Quarterly sales showed robust performance, peaking at ₹343 Cr in Jun 2024 and subsequently at ₹400 Cr in Mar 2025. This growth can be attributed to the increasing demand for steel products in construction and infrastructure projects. The operating profit margin (OPM) has stabilized around the 12-13% mark, with the latest figure at 11% for FY 2025, which is competitive within the sector. Overall, the company is leveraging its position effectively in a high-demand market.
Profitability and Efficiency Metrics
Hariom Pipe Industries has demonstrated commendable profitability metrics, with net profit increasing from ₹32 Cr in FY 2022 to ₹62 Cr in FY 2025. The earnings per share (EPS) reflected this growth, standing at ₹20.25 for FY 2025, up from ₹16.73 in FY 2023. The return on equity (ROE) was reported at 10.79% for FY 2025, while the return on capital employed (ROCE) stood at 18.88%. These figures compare favorably against sector averages, indicating effective management of resources. The company’s interest coverage ratio (ICR) of 3.97x highlights strong capability in meeting interest obligations, suggesting a solid financial footing. However, the cash conversion cycle (CCC) has slightly increased to 134 days in FY 2025, indicating potential inefficiencies in working capital management that could impact liquidity if not addressed. Maintaining a balance between profitability and operational efficiency will be crucial for sustaining growth.
Balance Sheet Strength and Financial Ratios
As of Mar 2025, Hariom Pipe Industries reported total assets of ₹1,197 Cr against total liabilities of ₹1,197 Cr, reflecting a balanced sheet with no net debt. The company’s borrowings stood at ₹418 Cr, indicating a manageable debt level given its market capitalization of ₹1,290 Cr. The debt-to-equity ratio at 0.69x suggests a relatively conservative capital structure, which is favorable compared to industry norms. Reserves have grown significantly, reaching ₹574 Cr by Sep 2025, enhancing the company’s equity base. The price-to-book value (P/BV) ratio of 1.80x indicates that the stock is trading at a reasonable valuation relative to its book value, while the current ratio of 1.45x signifies adequate short-term liquidity. Overall, the balance sheet appears strong, supporting the company’s operational and financial strategies.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Hariom Pipe Industries reflects a strong commitment from its promoters, who hold 57.27% of the company. This stability is crucial for investor confidence, especially as the company expands its operations. Foreign institutional investors (FIIs) have increased their stake to 9.53%, a positive sign of growing confidence from external investors. In contrast, domestic institutional investors (DIIs) hold a minimal 0.16%, suggesting room for growth in institutional interest. The total number of shareholders has also increased to 57,910, reflecting rising public interest in the company. The dividend payout ratio of 3% for FY 2025 indicates a commitment to returning value to shareholders, albeit at a modest level. This combination of strong promoter backing and growing institutional interest suggests a positive outlook for long-term investor confidence.
Outlook, Risks, and Final Insight
Looking ahead, Hariom Pipe Industries is well-positioned to capitalize on the increasing demand for steel pipes and tubes, driven by infrastructure development in India. However, the company faces risks associated with fluctuations in raw material prices, which could impact margins. Additionally, the rising interest rates may affect borrowing costs, although the current debt levels remain manageable. The company’s operational efficiency, as indicated by its CCC, requires attention to improve liquidity. Strengths include solid revenue growth and a strong balance sheet, which provide a foundation for future expansion. In conclusion, while the company is on a positive trajectory, effectively managing risks and enhancing operational efficiencies will be critical for sustaining growth and maximizing shareholder value in the competitive steel industry.
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 | 35.6 Cr. | 30.1 | 30.7/11.8 | 6.21 | 0.00 % | % | % | 5.00 | |
| Hariom Pipe Industries Ltd | 1,302 Cr. | 421 | 572/301 | 20.8 | 195 | 0.14 % | 14.1 % | 11.9 % | 10.0 |
| Earthstahl & Alloys Ltd | 22.2 Cr. | 18.1 | 42.4/16.0 | 28.0 | 0.00 % | 3.58 % | 1.43 % | 10.0 | |
| Crimson Metal Engineering Company Ltd | 22.2 Cr. | 50.1 | 61.4/10.8 | 185 | 12.8 | 0.00 % | 8.11 % | 2.35 % | 10.0 |
| Welspun Corp Ltd | 19,629 Cr. | 743 | 995/664 | 11.1 | 311 | 0.67 % | 21.2 % | 18.6 % | 5.00 |
| Industry Average | 10,755.09 Cr | 499.00 | 38.69 | 163.02 | 0.45% | 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: 20.8 (Industry average Stock P/E: 38.69)
- 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 29 January 2026) is ₹392.06 which is 6.87% lower the current market price of ₹421.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹1,302 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 1,302 Cr..
What is the current Stock Price of Hariom Pipe Industries Ltd as on 29 January 2026?
The current stock price of Hariom Pipe Industries Ltd as on 29 January 2026 is ₹421.
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 20.8.
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 0.14 %.
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.

