Investor Presentation on Audited Financials Result for the Quarter and year ended March 31,2026.
HARIOMPIPE · price
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Hariom Pipe Industries reported strong FY26 results with revenue up 23% YoY to ₹1,667 crore and PAT up 23% to ₹76 crore. The company achieved 18% volume growth with sales hitting 2.89 lakh MT. Q4 saw especially strong performance with 31% YoY revenue growth to ₹507 crore and 75% PAT growth to ₹30 crore. EBITDA margin stood at 12.56% for the year with 92% EBITDA-to-cash conversion. The balance sheet strengthened with Net Debt/EBITDA improving from 1.99x to 1.65x. The company launched new solar structure products and is executing a 60 MW solar power project through its subsidiary. Value-added products now comprise 96% of sales volume, up from 70% in prior year.
Strong operational performance with improved cash flows and deleveraging is positive for shareholders. The company's focus on thin steel segment (0.3-2.5mm) where it holds 13% market share, combined with backward integration, provides competitive advantages. Recommended dividend of ₹0.75 per share reflects balanced capital allocation.