HARIOMPIPENSEHariom Pipe Industries LimitedMediumNeutral
Announced Sat, 10 May · 11:26 IST

Hariom Pipe Industries Limited has informed the Exchange about Investor Presentation

Mgmt Guided Margin ImprovementAnalyst Day Multiyear TargetsCfo Debt Reduction RoadmapInvestor Communications View source PDF

HARIOMPIPE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Hariom Pipe Industries reported its highest-ever annual revenue of ₹1,357 crore, up 18% year-on-year, with EBITDA rising 27% YoY to ₹175.43 crore and PAT up 9% to ₹61.73 crore. Sales volumes grew 23% YoY to 2.45 lakh metric tonnes, with value-added products now contributing 97% of revenue versus 92% last year. EBITDA margin expanded 91 basis points to 12.93%, supported by better operating leverage and cost controls. The company is guiding for 30% year-on-year volume growth in FY26 and 30% volume CAGR over the next two years, driven by capacity utilization, deeper tier 2/3 market penetration, and dealer network expansion. Hariom also secured a Letter of Award for a 60 MW solar power plant and incorporated a wholly-owned subsidiary, Hariom Power and Energy Pvt Ltd, signaling a push into renewable energy.

Likely market impact

Strong FY25 results with record revenue, EBITDA, and PAT along with margin expansion and improved leverage (Net Debt/EBITDA down to 1.99x from 2.45x) are positive for shareholders. The forward guidance of 30% volume CAGR and the solar energy foray could support future growth narrative, though near-term margin pressure from higher depreciation and finance costs kept PAT growth modest at 9%.