Considered and Recommended final Dividend of Rs. 0.75 (Seventy-Five Paise) Per equity share.
HARIOMPIPE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Hariom Pipe Industries reported strong FY2026 results with standalone revenue growing 22.8% to Rs. 16,670 lakhs from Rs. 13,570 lakhs in FY2025. Net profit increased 22.8% to Rs. 758 lakhs from Rs. 617 lakhs, while EPS rose to Rs. 24.49 from Rs. 20.25. The Board recommended a final dividend of Rs. 0.75 per share (7.5% on Rs. 10 face value), aggregating Rs. 232.25 lakhs, subject to shareholder approval. Auditors issued unmodified (clean) opinions. However, an Emphasis of Matter highlights a Tamil Nadu Pollution Control Board notice for temporary closure of the Perundurai plant in April 2026, with impact unascertained. A new subsidiary, Metal Mart Private Limited, was also consolidated from January 2026.
The 22.8% profit growth and dividend payout indicate healthy financial performance. However, the environmental compliance issue at the Perundurai plant poses operational risk that investors should monitor. The stock may see modest positive reaction to earnings growth and dividend.