| Metric | Value (₹ Cr) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 282.06 | 22.7% | 25.9% |
| Total Income | 292.54 | 22.3% | 23.6% |
| Expenditure | 276.75 | 16.2% | 23.8% |
| PBT | 80.12 | 74.1% | 309.9% |
| Net Profit | 61.51 | 77.3% | 328.2% |
| OPM | 30.65% | 16.52pp | 31.31pp |
| NPM | 21.03% | 11.81pp | 17.28pp |
| EPS | 11.67 | 77.1% | 327.5% |
Indian Hume Pipe Company's Q3 Revenue Down Due to Billing Cycle Delay, But Manufacturing Products Sales Up by 56%
12 Feb 2026 · 12 Feb, 5:12 pm
Summary
The Indian Hume Pipe Company's Q3 revenue decreased due to a delay in the billing cycle in Jal Jeevan Mission and Bhagiratha Projects. However, the sales value of manufacturing products increased by 56% compared to the corresponding period of the previous year. The company sold its freehold surplus land for a consideration of INR 173,96 crores, netting a gain of INR 64.33 crores. The residential projects developed by Dosti Realty Ltd. and Kalpataru Ltd. on the company’s surplus land have received a good response. The company's long-term and short-term credit rating has improved. The estimated balance value of the work as at 31st January, 2026 is INR 3549.07 Crores.
Key Highlights
- 1
Revenue from Operations decreased in the 3rd quarter and nine months ended December 31, 2025 due to elongation of billing cycle in Jal Jeevan Mission and Bhagiratha Projects
- 2
Sale value of manufacturing products during the nine months ended December 31, 2025 recorded a growth of 56% compared to corresponding period of previous year
- 3
Company has sold its freehold surplus land admeasuring 15310.80 sq. metres situated at Azamabad Industrial Area, Hyderabad, Telangana for a consideration of INR 173,96 crores
- 4
Residential projects being developed by Dosti Realty Ltd. and Kalpataru Ltd. on the Company’s surplus land at Hadapsar and Sinhagad Road, Pune have received good response
- 5
Company's long-term credit rating was upgraded to A stable from A - stable and short-term credit rating was upgraded to A 1 from A 24+
- 6
Estimated balance value of the work as at 31st January, 2026 is INR 3549.07 Crores
Management Comments
Rajas R Doshi
Considering the provision made in the Union Budget for financial year 2026-27 for Jal Jeevan Mission, situation is expected to be eased out in next financial year.
Informational and educational content only. Not investment advice.