Welcome to Multibagg AI
Log in to access personalized features
Discovery themes featuring this stockGet instant AI-powered insights about company performance, financials, and strategy. Ask questions about trends, competition, and developments while receiving responses backed by official documents and market data, with clear attribution to source documents.
Home
Dashboard
Ask Iris
Discovery
Timeline
Multibagg AI is an AI powered stock research and analysis platform. We provide data, information, content, and analytics for publicly traded Indian companies listed on NSE and BSE. AI can make mistakes, check important information.
Prices might be delayed by a few minutes.
Join our Exclusive Community
Join our Exclusive Community
Made with 💙 in India. © Finsky Technologies Pvt Ltd. 2026
Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.
View Standalone
View Standalone
View Standalone
View Standalone
Investor Presentation
Q3 FY26
Investor Presentation
Q2 FY26
Investor Presentation
Q1 FY26
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Investor Presentation
Q4 FY25
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Investor Presentation
Q3 FY25
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Investor Presentation
Q3 FY25
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Investor Presentation
Q3 FY25
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Investor Presentation
Q2 FY25
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Hariom Pipe Industries Ltd (HARIOMPIPE) is currently trading at 346.00 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 ₹301.40 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 1,084.47. 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 17.04 and operates in the Steel sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 1,084.47 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 Steel 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 17.04. 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.
Bearish
4
Neutral
3
Bullish
7
Bearish
36
Neutral
3
Bullish
7
Bearish
32
Neutral
0
Bullish
0
Postal Ballot Notice
Hariom Pipe Industries filed a postal ballot notice (dated Mar 2, 2026) seeking shareholder approval to re‑appoint Mr. Rajender Reddy Gankidi as an independent director and to approve material RPTs with HPEPL and MMPL; remote e‑voting Mar 9–Apr 7, 2026.
Change in Directors/KMP
Board re‑appointed Mr. Rajender Reddy Gankidi as Non‑Executive Independent Director for a second five‑year term from 15 May 2026 (subject to shareholder approval), approved Section 186 limit enhancement, material RPT(s) and issued a postal ballot (cut‑off 27 Feb 2026).
Board Meeting Outcome
Board re‑appointed Mr. Rajender Reddy Gankidi as Non‑Executive Independent Director for a second five‑year term from May 15, 2026 (subject to member approval); approved enhancement of Section 186 limits, material related‑party transactions and issuance of a postal ballot (cut‑off Feb 27, 2026).
| Symbol | Price | Market Cap | P/E | P/B | Div Yield (%) | ROE (%) | ROCE (%) | ROA (%) |
278.50 | 1,929 Cr | 23.87 | 2.30 | 0.00 | 5.88 | 7.72 | 4.42 | |
82.80 | 1,682 Cr | 21.56 | 1.29 | 0.03 | 6.00 | 8.87 | 3.99 | |
346.00 | 1,084 Cr | 17.04 | 1.79 | 0.17 | 10.33 | 13.24 | 5.50 | |
6.36 | 1,041 Cr | 73.46 | 2.23 | 0.00 | 4.09 | 6.26 | 1.71 | |
123.65 | 737 Cr | 16.49 | 1.97 | 0.00 | 10.06 | 12.51 | 5.55 | |
262.00 | 326 Cr | 28.63 | 5.25 | 0.00 | 15.11 | 13.44 | 4.78 | |
47.10 | 245 Cr | -4.39 | 6.78 | 0.00 | -17.94 | -11.16 | -16.92 |
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.
Steel
Steel - Tubes / Pipes
1,084 Cr
High Risk
17.0
23.4
0.7
1.8
572.10
301.40
Sales CAGR
Profit CAGR
ROE
ROCE
