ResultsIQ › Latest results › Hariom Pipe Industries Limited
Hariom Pipe Industries Limited Q2 FY26 earnings call summary
NSE: HARIOMPIPE · BSE: 543517
Earnings call of 14 Nov 2025, summarised by AI from the filing.
Hariom Pipe reported H1 FY26 revenue of ₹797 cr, up 21% y-o-y, and reaffirmed 30% volume growth for FY26 despite Q2 monsoon and maintenance impact.
Key takeaways
- Guidance Management confident of 30% volume growth for FY26 and 30% revenue CAGR over next 2-3 years.
- Change Q2 impacted by planned maintenance shutdown and extended monsoon, but 7% volume growth achieved.
- Driver Value-added products at 97% of sales and growing OEM/B2B mix support margins.
- Risk Extended monsoon and softer pricing environment could pressure volumes and margins.
Hariom Pipe Industries Limited Q1 FY27 results
As filed: Revenue ₹429 cr (−7% year on year), EBITDA ₹49.9 cr (−12% year on year), PAT ₹16.6 cr (−31% year on year), EBITDA margin 11.6% (−74 bps).
The Q1 FY27 score, against the company's own trend, is for premium members.
Earlier results and the share price after them
- Q4 FY26: Revenue ₹507 cr (+27% year on year), EBITDA ₹63.9 cr (+30% year on year), PAT ₹30.1 cr (+77% year on year), EBITDA margin 12.6% (+34 bps). Score 80 of 100, Above trend. EBITDA margin rose 34 bps year on year. Not enough history for a trend yet: scored on growth alone. Share price after the results: +20.6% in 28 days (Nifty 500: +2.2%).
- Q3 FY26: Revenue ₹363 cr (+21% year on year), EBITDA ₹45.2 cr (+13% year on year), PAT ₹11.6 cr (+6% year on year), EBITDA margin 12.5% (−87 bps). Score 50 of 100, In line with trend. Revenue and EBITDA growth were below the company's own trend; profit growth was in line with it. EBITDA margin fell 87 bps year on year. Revenue grew on the previous quarter, against its usual seasonal pattern. Share price after the results: −19.3% in 30 days (Nifty 500: −5.9%).
- Q2 FY26: Revenue ₹336 cr (+7% year on year), EBITDA ₹42.0 cr (−2% year on year), PAT ₹10.0 cr (−38% year on year), EBITDA margin 12.5% (−119 bps). Score 21 of 100, Below trend. Revenue growth was below the company's own trend; EBITDA and profit growth were well below it. EBITDA margin fell 119 bps year on year. Revenue fell 27% from last quarter. Share price after the results: −14.8% in 30 days (Nifty 500: −0.5%).
- Q1 FY26: Revenue ₹461 cr (+34% year on year), EBITDA ₹57.0 cr (+27% year on year), PAT ₹24.0 cr (+33% year on year), EBITDA margin 12.4% (−76 bps). Score 67 of 100, Above trend. Revenue growth was in line with the company's own trend; EBITDA growth was below it; profit growth was well above it. EBITDA margin fell 76 bps year on year. Revenue grew on the previous quarter, against its usual seasonal pattern. Revenue rose ₹118 cr on a year ago, more than the ₹103 cr it added the year before. Share price after the results: +10.2% in 28 days (Nifty 500: +1.7%).
- Q4 FY25: Revenue ₹400 cr (+21% year on year), EBITDA ₹49.0 cr (+14% year on year), PAT ₹17.0 cr (0% year on year), EBITDA margin 12.3% (−74 bps). Score 35 of 100, Below trend. Revenue and profit growth were below the company's own trend; EBITDA growth was well below it. EBITDA margin fell 74 bps year on year. Revenue rose ₹69.0 cr on a year ago, against ₹79.0 cr the year before. Share price after the results: +8.9% in 28 days (Nifty 500: +6.9%).
- Q3 FY25: Revenue ₹300 cr (+7% year on year), EBITDA ₹40.0 cr (+21% year on year), PAT ₹11.0 cr (+10% year on year), EBITDA margin 13.3% (+155 bps). Score 41 of 100, In line with trend. Revenue growth was below the company's own trend; EBITDA growth was well below it; profit growth was above it. EBITDA margin rose 155 bps year on year. Revenue fell 4% from last quarter.
- Q2 FY25: Revenue ₹314 cr (+4% year on year), EBITDA ₹43.0 cr (+23% year on year), PAT ₹16.0 cr (+7% year on year), EBITDA margin 13.7% (+210 bps). Score 52 of 100, In line with trend. EBITDA margin rose 210 bps year on year. Not enough history for a trend yet: scored on growth alone. Revenue fell 8% from last quarter.
Past price moves after results do not indicate future moves. Not a recommendation.
Hariom Pipe Industries Limited earnings call, investor presentation and press release summaries
- Q1 FY27: Results deck (14 Aug 2026)
- Q4 FY26: Earnings call (23 May 2026), Results deck (23 May 2026), Results press release (22 May 2026)
- Q3 FY26: Earnings call (9 Feb 2026), Results deck (9 Feb 2026)
- Q2 FY26: Earnings call (14 Nov 2025), Results deck (13 Nov 2025)
- Q1 FY26: Earnings call (11 Aug 2025), Results deck (8 Aug 2025)
- Q4 FY25: Earnings call (10 May 2025), Results deck (10 May 2025)
- Other events: Strategy deck (18 Mar 2026), Strategy deck (25 Aug 2025)
Figures from the company's filings with NSE and BSE. Not investment advice.