| Metric | Value (₹ Cr) | Q3 FY26 | Q4 FY25 |
|---|---|---|---|
| Revenue | 507.27 | 39.8% | 26.9% |
| Total Income | 516.65 | 41.8% | 29.1% |
| Expenditure | 474.95 | 36.2% | 26.1% |
| PBT | 41.69 | 167.9% | 77.8% |
| Net Profit | 30.10 | 159.7% | 74.6% |
| OPM | 12.59% | 0.12pp | 0.37pp |
| NPM | 5.83% | 2.65pp | 1.52pp |
| EPS | 9.72 | 159.9% | 71.7% |
Hariom Pipe FY26: Revenue up 23% YoY, PAT up 23% YoY
22 May 2026 · 22 May, 7:52 pm
Summary
Hariom Pipe Industries Limited reported a strong financial performance for both the full year and the fourth quarter ended March 31, 2026. For FY26, revenue from operations increased by 23% year-on-year to ₹1,666.95 crore, with Profit After Tax also growing by 23% to ₹75.83 crore, while maintaining an EBITDA margin of 12.56%. The fourth quarter of FY26 demonstrated accelerated growth, with revenue up 27% to ₹507.27 crore and Profit After Tax surging by 75% year-on-year to ₹30.18 crore. Managing Director Mr. Rupesh Kumar Gupta highlighted FY26 as a year of steady growth and improved financial discipline, attributing success to higher sales volumes and value-added products, and reaffirmed the company's focus on strengthening its product portfolio, expanding market reach, and enhancing operating efficiency.
Key Highlights
- 1
Revenue from Operations for FY26 grew by 23% year-on-year, reaching ₹1,666.95 crore.
- 2
Profit After Tax for FY26 increased by 23% year-on-year to ₹75.83 crore.
- 3
EBITDA for FY26 stood at ₹209.42 crore, marking a 19% year-on-year growth with an EBITDA margin of 12.56%.
- 4
Operating Cash Flow significantly improved to ₹192.08 crore for FY26, representing approximately 92% EBITDA-to-cash conversion.
- 5
For Q4 FY26, Revenue from Operations rose 27% year-on-year to ₹507.27 crore.
- 6
Profit After Tax for Q4 FY26 surged by 75% year-on-year to ₹30.18 crore.
- 7
The Company strengthened its balance sheet and operating cycle in FY26, with Net Debt / EBITDA improving to 1.65x and inventory days reducing to 99 days from 128 days.
Management Comments
Rupesh Kumar Gupta
FY 2025-26 has been a year of steady growth and improved financial discipline for Hariom Pipe Industries Limited. The Company achieved healthy revenue and volume growth, supported by higher contribution from value-added products and improved utilisation across key units. Our focus remains on strengthening the product portfolio, expanding market reach, improving operating efficiency and maintaining a disciplined balance sheet. The strong improvement in operating cash flow and reduction in working capital intensity reflect the Company’s continued emphasis on quality growth and capital efficiency.
Informational and educational content only. Not investment advice.