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Bearish
2
Neutral
7
Bullish
5
Bearish
11
Neutral
7
Bullish
28
Bearish
9
Neutral
0
Bullish
23
Discovery themes featuring this stock
Hariom Pipe Industries Limited is an integrated Indian steel manufacturer producing MS pipes, scaffolding, HR strips, billets and galvanized coils and pipes, with multiple southern India plants, a ~785,232 MTPA installed capacity (annualised), and a nationwide dealer and B2B network under the Hariom Pipes brand and affiliated labels.
Operational momentum is strong: Q3FY26 volumes rose 20% YoY to 68,404 MT and 9MFY26 volumes rose 21% YoY to 206,775 MT, driving record-high revenue of INR 1,159.7 crore for 9MFY26 and demonstrating consistent scale-up in value-added products which account for ~95% of sales.
Profitability shows steady operating leverage but limited PAT expansion: 9MFY26 EBITDA rose 15% YoY to INR 145.5 crore with a 12.55% margin, while PAT grew modestly to INR 45.6 crore as depreciation, EIR lease adjustments and finance costs moderate net income expansion despite top-line growth.
Strategic diversification into renewables is material: the company has an LOA and 25-year PPA for a 60 MW solar plant via Hariom Power and Energy Pvt. Ltd., expected phased commissioning from April 2026 with additional revenue and demand for its pre-galvanized solar structure products.
Capital strategy is expansionary and acquisitive, combining organic capacity additions, leased Ultra Pipes assets (99 years), prior GP/GI acquisitions, and available land (~65 acres) to pursue a management-stated ~30% volume CAGR while shifting product mix towards higher-margin galvanized and value-added segments.
Industrial Products
Iron & Steel Products
1,210 Cr
High Risk
16.0
35.5
0.7
1.9
572.10
268.25
Sales CAGR
Profit CAGR
ROE
ROCE
| Symbol | Watchlist | Price | Market Cap | P/E | P/B | Div Yield (%) | ROE (%) | ROCE (%) | ROA (%) |
1010.00 | 1,286 Cr | — | 0.00 | 0.00 | 7.82 | 0.50 | -0.79 | ||
781.10 | 1,284 Cr | 140.99 | 8.09 | 0.00 | 6.05 | 8.29 | 3.55 | ||
178.25 | 1,277 Cr | 19.87 | 1.77 | 0.00 | 9.61 | 9.61 | — | ||
55.14 | 1,241 Cr | 15.32 | 1.55 | 0.78 | 10.10 | 10.72 | 6.26 | ||
393.05 | 1,210 Cr | 15.98 | 1.87 | 0.19 | 11.71 | 14.97 | 6.21 | ||
1220.00 | 1,129 Cr | 22.34 | 2.87 | 0.00 | 11.33 | 12.78 | 6.17 | ||
134.10 | 1,112 Cr | 22.33 | 3.06 | 0.38 | 13.71 | 20.00 | 8.30 | ||
| Median: 7 Co. | — | 393.05 | 1,241 Cr | 21.10 | 1.87 | 0.00 | 10.10 | 10.72 | 6.19 |
Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.
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Hariom Pipe Industries Ltd (HARIOMPIPE) is currently trading at 393.05 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Hariom Pipe Industries Limited is an integrated Indian steel manufacturer producing MS pipes, scaffolding, HR strips, billets and galvanized coils and pipes, with multiple southern India plants, a ~785,232 MTPA installed capacity (annualised), and a nationwide dealer and B2B network under the Hariom Pipes brand and affiliated labels. Operational momentum is strong: Q3FY26 volumes rose 20% YoY to 68,404 MT and 9MFY26 volumes rose 21% YoY to 206,775 MT, driving record-high revenue of INR 1,159.7 crore for 9MFY26 and demonstrating consistent scale-up in value-added products which account for ~95% of sales. Profitability shows steady operating leverage but limited PAT expansion: 9MFY26 EBITDA rose 15% YoY to INR 145.5 crore with a 12.55% margin, while PAT grew modestly to INR 45.6 crore as depreciation, EIR lease adjustments and finance costs moderate net income expansion despite top-line growth. Strategic diversification into renewables is material: the company has an LOA and 25-year PPA for a 60 MW solar plant via Hariom Power and Energy Pvt. Ltd., expected phased commissioning from April 2026 with additional revenue and demand for its pre-galvanized solar structure products. Capital strategy is expansionary and acquisitive, combining organic capacity additions, leased Ultra Pipes assets (99 years), prior GP/GI acquisitions, and available land (~65 acres) to pursue a management-stated ~30% volume CAGR while shifting product mix towards higher-margin galvanized and value-added segments.
Over the past 52 weeks, Hariom Pipe Industries Ltd has traded between a low of ₹268.25 and a high of ₹572.10. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Hariom Pipe Industries Ltd has a market capitalization of approximately 1,209.58. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Hariom Pipe Industries Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 15.98 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 1,209.58 Cr, Hariom Pipe Industries Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Hariom Pipe Industries Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Hariom Pipe Industries Ltd is 15.98. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
FY26 revenue from operations was reported at ₹1,666.95 crore, up from ₹1,357.05 crore in FY25.
Consolidated net profit for the March 2026 quarter (Q4 FY26) was ₹30.10 crore, up 74.59% year-on-year.
Credit Rating
Hariom Pipe Industries informed that CRISIL revised ratings: Long-term fund-based facilities A- (outlook Stable) and short-term non-fund based A2+; outlook moved from 'Watch Developing' to 'Stable'.
Credit Rating
Hariom Pipe Industries: CRISIL revised bank facility ratings — long-term rating moved to CRISIL A-/Stable (from A-/Watch Developing) and short-term to CRISIL A2+ (from A2+/Watch Developing).
