ALFA Finder| Margins | EBITDA/MT improved YoY; target margin protection via HVPs |
|---|---|
| Demand visibility | Strong outlook for solar structures and OEM segments |
| Management confidence | High regarding volume recovery post-Perundurai reopening |
Growth
Standalone Revenue at ₹429.2 Cr; EBITDA grew 7.5% YoY per ton to ₹7,914. Average selling price rose 15.4% YoY.
Outlook
Developing 60MW AC solar portfolio; 43MW commissioning by Oct 2026. Focus on volume growth and margin protection.
Risks
Perundurai unit faced temporary closure/power suspension (now restored). Consolidated Revenue and PAT showed YoY declines.
Last quarter's promises, checked
Delivered
- Guided sustainable EBITDA margins 12.5% to 12.6% → delivered 12.59% (= BEAT)
- Guided 98% value-added contribution → delivered 98% (= BEAT)
- Guided Perundurai plant restoration in 2-3 days → delivered power restored July 2026 (= BEAT)
Partly delivered
- Guided 10MW solar production by June 2026 → 43MW commissioning pushed to Oct 2026 (= PARTIAL)
Missed
- Guided 30% volume growth (288k to ~374k MT) → delivered 63,084 MT in Q1 (= MISS)
- Guided 3,50,000 to 3,60,000 MT volume for FY27 → current run-rate implies ~252k MT (= MISS)
Investor Presentation filed with BSE, NSE: HARIOMPIPE. Summary written with AI assistance from the document.
Hariom Pipe Industries Ltd: key numbers
- Share price
- ₹366.00
- Market cap
- ₹1,133 Cr
- Revenue (annual)
- ₹1,667 Cr
- Net profit (annual)
- ₹75.72 Cr
- P/E (TTM)
- 13.6×Sector 17.1×
- Promoter holding
- 57.26%+0.00% QoQ
- FII holding
- 10.39%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Hariom Pipe Industries Ltd
All →Hariom Pipe Industries Earnings Call Transcript: Key Takeaways
Q2 revenue +65% to ₹554 Cr and habitat +58%, helped by the Perundurai restart. H1 growth is price-led. Management gave no quantified FY27 guidance and avoided numbers on margins and capex.
Hariom Pipe Industries Investor Presentation: Key Takeaways
Q2 FY27 standalone revenue ₹554.2 Cr (+65.0% YoY), PAT ₹28.5 Cr (+173.9%). H1 revenue ₹983.4 Cr (+23.4%), PAT ₹45.9 Cr (+34.8%). Growth from Perundurai restart and value-added products; solar expansion underway.
Hariom Pipe Industries Management Change
Hariom Pipe Industries appointed Rajdeep Tripathy as Vice President – Human Resources, Hariom Group, effective 4 November 2026. He is a senior HR professional with about 23 years of experience.
Hariom Pipe Industries Q2 FY27 Results: Net Profit ₹25.3 Cr, Up 143.3% YoY
Hariom Pipe Industries Ltd reported revenue from operations of ₹554.6 Cr (+65.1% YoY) and net profit of ₹25.3 Cr (+143.3% YoY) for Q2 FY27.
- Key figure
- Net profit ₹25.3 Cr · +143.3% YoY
Hariom Pipe Industries Board Meeting Date
Hariom Pipe Industries Limited has intimated a board meeting on 4 November 2026 to consider unaudited standalone and consolidated results for the quarter and half year ended September 2026. The trading window closes from 1 October 2026 until 6 November 2026.
Hariom Pipe Industries Partnership
Hariom Pipe signed a non-binding MoU with APEDB for a proposed Rs 700 crore integrated steel plant in Andhra Pradesh. Implementation remains subject to approvals and clearances.
- Value
- ₹700.0 Cr