Hariom Pipe FY26 Revenue Surges 23% to ₹1,667 Crore, PAT Up 23% to ₹75.8 Cr
Hariom Pipe Industries reported FY26 revenue of ₹1,666.95 crore, up 23% YoY. PAT grew 23% to ₹75.83 crore. Q4 FY26 revenue rose 27% to ₹507.27 crore, with PAT up 75% to ₹30.18 crore. Operating cash flow reached ₹192.08 crore. The company is also developing a 60 MW solar power project.
The substantial year-on-year growth in revenue and profit, coupled with positive commentary on future strategy and progress on subsidiary projects, indicates a significant positive impact on the company's financial standing and future prospects.
The company reported strong year-on-year growth in revenue and profit after tax for both the full fiscal year and the fourth quarter, along with significant improvement in operating cash flow.
Hariom Pipe Industries Limited announced its audited financial results for the quarter and year ended March 31, 2026, reporting a strong performance driven by higher sales volumes, improved throughput, and sustained contribution from value-added products. The company's Revenue from Operations for FY26 stood at ₹1,666.95 crore, marking a 23% year-on-year growth from ₹1,357.05 crore in FY25. EBITDA increased by 19% YoY to ₹209.42 crore, with an EBITDA margin of 12.56%. Profit After Tax (PAT) saw a significant rise of 23% YoY, reaching ₹75.83 crore.
For the fourth quarter ended March 31, 2026, Revenue from Operations grew by 27% YoY to ₹507.27 crore, compared to ₹399.70 crore in Q4 FY25. PAT for the quarter surged by 75% YoY to ₹30.18 crore from ₹17.24 crore in Q4 FY25.
The company's focus on value-added steel products contributed approximately 98% of the revenue in FY26. Operating cash flow significantly improved to ₹192.08 crore, demonstrating a 92% EBITDA to cash conversion. The company also strengthened its operating cycle, with inventory days reducing to 99 and receivable days to 41.
In its subsidiary update, Hariom Power & Energy Private Limited is progressing with a 60 MW AC solar power project, with land acquisition completed for 8 locations covering 123 acres and 38 MW AC capacity tied up.
Mr. Rupesh Kumar Gupta, Managing Director, stated, "FY 2025-26 has been a year of steady growth and improved financial discipline. Our focus remains on strengthening the product portfolio, expanding market reach, improving operating efficiency and maintaining a disciplined balance sheet."
What to do with a filing like this
Hariom Pipe Industries Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Hariom Pipe Industries Limited. Read the original for the full detail.