Hariom Pipe Industries Limited

Hariom Pipe Industries Limited (HARIOMPIPE) is a micro-cap Capital Goods company valued at ₹1,038 crore operating in Iron & Steel Products on the NSE and BSE.

Recent price move

Hariom Pipe Industries Limited last traded at ₹332.3, modestly up 0.50% on the day.

Recent developments

On 2026-09-23, the company announced a dividend of ₹0.75 per share, ex-date. This reflects the company's decision to distribute earnings to shareholders despite the recent quarterly performance decline.

Financial performance

The company's business has improved, with annual revenue rising 3.9% and net profit growing 22.1%. However, the latest quarter saw revenue fall 6.9% compared to the same quarter a year earlier, and net profit dropped 30.8%, indicating a recent slowdown in performance.

Valuation multiples

The stock trades at 13.6 times earnings, 1.59 times book value. It yields 0.2%.

Things to watch

The stock is 32.2% below its 52-week high, which highlights a significant pullback from recent peak levels. Additionally, the latest quarter's net profit fell 30.8%, raising concerns about short-term profitability.

Where it stands

Hariom Pipe Industries Ltd has shown strong growth over the past five years, with revenue and profit growing at 45.7% and 38.2% annually, respectively. However, the latest quarter's performance shows a reversal, with revenue and net profit declining compared to the same period last year. The stock's current price is notably lower than its 52-week high, indicating a potential risk to investors.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.