Hariom Pipe Industries Ltd Share Price ₹408

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Hariom Pipe Industries Ltd

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	252	240	302	280	331	343	314	300	400	461	336	363	507
Expenses +	220	212	266	247	289	299	272	260	351	403	293	318	443
Operating Profit	31	28	36	33	42	45	42	40	49	58	43	45	64
OPM %	12%	12%	12%	12%	13%	13%	13%	13%	12%	12%	13%	12%	13%
Other Income +	0	1	1	2	1	1	1	0	0	1	1	1	9
Interest	5	4	7	11	10	11	10	12	12	12	13	14	14
Depreciation	3	5	9	10	10	12	12	13	14	14	16	18	17
Profit before tax	24	20	20	14	24	23	22	15	23	32	14	16	42
Tax %	27%	22%	27%	29%	29%	23%	27%	27%	26%	27%	27%	25%	28%
Net Profit +	17	15	15	10	17	18	16	11	17	24	10	12	30
EPS in Rs	6.25	5.59	5.35	3.55	5.81	5.66	5.09	3.63	5.57	7.62	3.36	3.75	9.75

Financials of Hariom Pipe Industries Ltd

Annual income statement trend

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	87	105	134	161	254	431	644	1,360	1,604	1,667
Expenses +	80	90	117	137	220	374	562	1,221	1,429	1,458
Operating Profit	7	15	17	23	34	56	82	139	175	209
OPM %	8%	14%	13%	15%	13%	13%	13%	10%	11%	13%
Other Income +	1	0	0	0	1	3	1	5	3	13
Interest	3	3	3	7	8	8	10	33	45	54
Depreciation	2	3	2	5	6	8	9	34	50	65
Profit before tax	2	10	12	11	21	43	63	77	83	104
Tax %	33%	36%	31%	30%	29%	25%	26%	27%	26%	27%
Net Profit +	2	6	8	8	15	32	46	57	62	76
EPS in Rs	9.47	5.94	6.21	5.98	8.92	18.83	16.73	19.68	19.93	24.49
Dividend Payout %	0%	0%	10%	0%	0%	0%	0%	3%	3%	0%

Financials of Hariom Pipe Industries Ltd

Capital structure and asset base

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	2	11	13	13	17	17	28	29	31	31
Reserves	10	9	21	35	54	84	348	435	542	616
Borrowings +	29	25	56	68	80	87	297	372	401	369
Other Liabilities +	7	13	14	23	23	27	37	44	223	167
Total Liabilities	47	58	105	140	174	216	709	880	1,197	1,182
Fixed Assets +	12	12	43	50	59	54	135	366	424	479
CWIP	0	1	0	0	8	10	103	13	12	15
Investments	0	0	0	0	0	0	0	0	0	9
Other Assets +	36	46	62	90	107	152	471	501	761	680
Total Assets	47	58	105	140	174	216	709	880	1,197	1,182

Financials of Hariom Pipe Industries Ltd

Operating, investing and financing cash movement

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	4	7	6	1	10	4	-101	5	79	192
Cash from Investing Activity +	-0	-4	-32	-12	-23	-4	-222	-182	-86	-110
Cash from Financing Activity +	-4	-3	30	9	12	-0	426	74	31	-107
Net Cash Flow	-0	-0	4	-2	-1	-1	104	-102	24	-26
Free Cash Flow	3	3	-26	-11	-13	-1	-323	-136	-25	73
CFO/OP	60%	68%	51%	10%	42%	19%	-101%	17%	53%	103%

Financials of Hariom Pipe Industries Ltd

Working capital efficiency and return ratios

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	23	36	29	52	28	23	49	33	46	41
Inventory Days	165	196	169	251	174	150	172	124	156	113
Days Payable	28	31	21	63	9	14	13	8	68	31
Cash Conversion Cycle	161	201	177	240	193	159	207	149	134	123
Working Capital Days	121	58	65	59	57	62	69	44	42	56
ROCE %		30%	22%	18%	21%	28%	17%	15%	14%	16%