Hariom Pipe Industries Limited has informed the Exchange about change in Management
HARIOMPIPE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Hariom Pipe Industries reported audited FY2026 standalone net profit of Rs. 758.28 lakh (vs Rs. 617.26 lakh previous year), on total income of Rs. 16,801.47 lakh. Revenue grew 23% YoY from Rs. 13,599.44 lakh. The Board recommended a final dividend of Rs. 0.75 per equity share (7.5%) aggregating Rs. 232.25 lakh. Key notes: the Tamil Nadu Pollution Control Board issued a temporary closure notice for the Perundurai plant on April 1, 2026 (impact unascertained, operations being restored); the company acquired Metal Mart Private Limited as a 70% subsidiary in January 2026 for metals trading; and re-appointed statutory auditors R Kabra & Co LLP for a second 5-year term. The company received CRISIL A- (long-term) and A2+ (short-term) ratings.
Strong profit growth year-on-year with positive dividend outlook, though investors should monitor the Tamil Nadu plant closure situation and any impact on production capacity.