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Earnings Call

Hariom Pipe Industries Earnings Call: Key Takeaways

Hariom Pipe reports steady growth in Q3 FY26, driven by value-added products, though EBITDA per ton faced slight pressure from volatile raw material prices and finished goods price corrections.

Highlights
Revenue growth21% YoY growth recorded for the quarter and nine-month period.
MarginsEBITDA margin at 12.5% despite steel price fluctuations.
Demand visibilityHealthy visibility in South India; focused on expanding B2B and OEM.
Management confidenceConfident, specifically noting Q4 is typically a strong quarter for steel.

Growth

Revenue and sales volume grew 21% YoY, supported by high 96-97% contribution from value-added segments.

Outlook

Targeting 30% volume growth; 60MW solar project operational by August 2026 for cost optimization.

Risks

Finished goods price volatility and higher finance costs due to lease liabilities and high-interest term loans.

Source

Earnings Call filed with NSE, NSE: HARIOMPIPE. Summary written with AI assistance from the document.

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Hariom Pipe Industries Ltd: key numbers

Share price
₹344.55
Market cap
₹1,067 Cr
Revenue (annual)
₹1,667 Cr
Net profit (annual)
₹75.71 Cr
P/E (TTM)
15.5×Sector 19.0×
Promoter holding
57.26%+0.00% QoQ
FII holding
10.25%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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