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GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
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Hariom Pipe Industries Limited

Hariom Pipe Industries Limited

NSE: HARIOMPIPE
SteelBasic MaterialsSMALL CAPMCap ₹1.04k Cr
₹334.35₹3.70 (+1.12%)

Market Closed • NSE

Market cap₹1.04k Cr
Enterprise value₹1.43k Cr
P/E TTM15.07
P/B1.60
EPS TTM₹22.18
D/E0.62
Dividend yield0.00%
52W high₹480.10
52W low₹268.05
Price chart(1Y)
1Y Return:-18.09% (₹73.85)
H: ₹448.9L: ₹322
1W+0.86%
1M-4.38%
3M-14.64%
6M+6.80%
1Y-27.58%
Today at a glance

Day range

₹328.05₹338.65

52 week range

₹268.05₹480.10
Volume37.0K0.43x 20D avg
Free float50.00%-57.30% volume

Hariom Pipe Industries Limited closed at INR334.35 (+1.12%) on volume 0.43x its 20-day average, trading 30.36% below its 52-week high.

Technical analysis
RSI (14)43.9Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹12.88High
SMA 20₹341.43BEARISH
SMA 50₹351.93BEARISH
SMA 100₹376.44BEARISH
SMA 200₹364.56BEARISH
CPR bottom₹336.27
Pivot₹334.40
CPR top₹332.52
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved +159.7% QoQ

2026-09-23

DIVIDEND Announced

Dividend - Re 0.75 Per Share

2025-09-23

DIVIDEND Announced

Dividend - Re 0.61 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL3/4 criteria
Non-Compliant (Financial Ratios)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹404.1 Cr₹1.04k Cr39.03%≤ 33%FAIL
Non-halal income ratio–₹1.67k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹1.22k Cr₹1.22k Cr99.76%≥ 20%PASS
Receivables ratio–₹1.22k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E15.0721.90
Forward P/E——
P/B1.602.20
EV/EBITDA—18.00
PEG—1.00
Earnings yield6.604.60
Growth & profitability
RevenuePAT
FY23PAT margin 7.20%
FY24PAT margin 4.90%
FY25PAT margin 4.50%
FY26PAT margin 4.50%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+37.30%
Revenue CAGR 5Y—
PAT CAGR 3Y+17.90%
PAT CAGR 5Y—
Operating margin8.03%
Net margin4.20%
Financial health & cash flow
Net debt₹401.2 CrModerate
Interest coverage2.70xEBIT / interest
CFO / PAT1.42x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹192.1 Cr
Capital expenditure–
Free cash flow₹32.3 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall58/100
Valuation60/100
Profitability50/100
Financial health65/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

High Cash Flow Conversion: CFO/PAT averaged 1.42x over last 3 years

Attractive Valuation: P/E of 15.1x trades below sector historical averages

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Steel.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
23 Sept 2026Dividend₹0.75 / share—23 Sept 2026
23 Sept 2025Dividend₹0.61 / share—23 Sept 2025
16 Sept 2024Dividend₹0.60 / share—13 Sept 2024
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)49.16%-6.52% latest vs average
Highest delivery65.12%on 21 Sept
Average volume (20D)86.5KTrading-session average
Conviction trendWeakening-6.52% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
UltraTech Cement Limited
UltraTech Cement LimitedULTRACEMCO
Open analysis
₹3.21L37.592.21%₹25,799.47₹2,982.76+11.86%+20.17%
JSW Steel Limited
JSW Steel LimitedJSWSTEEL
Open analysis
₹2.97L12.050.59%₹47,364.00₹4,651.00+11.55%+112.96%
Hindustan Zinc Limited
Hindustan Zinc LimitedHINDZINC
Open analysis
₹2.28L13.372.07%₹13,687.00₹5,425.00+77.22%+146.14%
Asian Paints Limited
Asian Paints LimitedASIANPAINT
Open analysis
₹2.24L46.941.17%₹10,541.94₹1,539.25+17.94%+39.96%
Tata Steel Limited
Tata Steel LimitedTATASTEEL
Open analysis
₹2.19L19.832.27%₹60,794.00₹2,385.00+14.32%+18.83%
Hindalco Industries Limited
Hindalco Industries LimitedHINDALCO
Open analysis
₹2.02L12.320.56%₹84,825.00₹7,013.00+32.06%+75.15%
Grasim Industries Limited
Grasim Industries LimitedGRASIM
Open analysis
₹1.98L34.820.35%₹11,794.71₹246.65-70.60%-82.61%
Solar Industries India Limited
Solar Industries India LimitedSOLARINDS
Open analysis
₹1.81L90.930.06%₹3,668.00₹666.00+70.29%+88.67%
About Hariom Pipe Industries Limited
Hariom Pipe Industries Limited

Hariom Pipe Industries Limited manufactures and sells iron and steel products in India. It offers mild steel pipes, tubes, and billets; hot and cold rolled square, rectangular, and circular pipes and tubes; hot dipped galvanized pipes; pre galvanized pipes; and cold rolled full hard, pre galvanized, hot rolled pickled and oiled, and cold rolled closed annealed slit coils. The company also provides scaffolding solutions, such as cuplocks, telescopic props/adjustable props/jacks, spans/acro spans/telescopic spans/adjustable spans, H frame systems, fixed base plates, adjustable base plates, stirrup head/universal jacks, spigot/joint pins, jalli/plank/platform products, and clamps/ couplers. It offers its products for various applications, including chemical, construction, automotive, manufacturing, infrastructure, steel manufacturing, ferroalloy production, powder metallurgy, furniture and interior design, fabrication, maintenance, events, metal fabrication, automotive parts manufacturing, industrial, irrigation, plumbing systems, agricultural machinery, roofing, industrial equipment, and transportation. Hariom Pipe Industries Limited was incorporated in 2007 and is based in Hyderabad, India.

IndiaBasic Materials

Questions investors ask
Is Hariom Pipe Industries Limited Shariah compliant?

Hariom Pipe Industries Limited is currently screened as Non-Compliant (Financial Ratios) under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (39.03%) exceeds AAOIFI threshold (≤ 33%).

What is Hariom Pipe Industries Limited's current valuation relative to peers?

Hariom Pipe Industries Limited trades at a P/E of 15.1x compared to the sector median of 21.9x, and a Price-to-Book of 1.6x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.62x. Interest coverage is 2.7x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at steady rates while net profit growth averaged consistent levels.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.