Results - Announcements
Hariom Pipe Industries Ltd share price gained 3.42% to Rs 338.75 after the company's net profit saw a strong growth of 52.29% to Rs 25.28 crore, while revenue from operations gained significantly 29.22% to Rs 554.6 crore in Q3FY26 over Q2FY26.
The market capitalization of Iron & Steel Products industry group stocks on BSE stood at Rs 3.38 lakh crore, gaining 6.20%. It has marginally improved by 1.52% over last one week and advanced by 10.17% in last one month while the market capitalization of Hariom Pipe Industries Ltd has inched up 7.59% and 15.48% in the same period respectively.
Profit before tax (PBT) of Hariom Pipe Industries Ltd stood at Rs 34.72 crore in Q3 FY26, rallying 142.97% year-on-year, and jumping 54.93% quarter-on-quarter. EBITDA came in at Rs 67 crore, surging by 60.88% YoY and expanding by 38.61% sequentially.
Total expenses surged 27.52% to Rs 503.33 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 453.64 crore, soaring by 79.05% YoY, while employee benefits expense was at Rs 16.64 crore, registering a growth of 11.30% YoY.
For the TTM ended FY26, revenue from operations witnessed a strong growth of 22.84% to Rs 1666.95 crore, while net profit surged by 22.65% to Rs 75.71 crore, compared to previous TTM. EBITDA soared by 18649% to Rs 196.23 crore, and PBT soared 24.84% to Rs 103.74 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 192.06 crore in FY26, as against Rs 78.63 crore in FY25.
Hariom Pipe Industries Ltd nosedived by 24.23% in last one year, underperforming the benchmark BSE Sensex which has slipped by 7.38% during the same period.