Partner With Us NRI

Hariom Pipe Industries Ltd share Price Today

Company details

6M Return 4.01%
1Y Return 108.14%
Mkt Cap.(Cr) 1,818.23
Volume 39,307
Div Yield 0.00%
OI Chg %
Volume 39,307

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500

Iron & Steel Products company Hariom Pipe Industries announced Q1FY24 results:

  • Revenue from operations of Rs 24,011.75 lakh which is a growth of 68.73% over Q1FY23.
  • EBIDTA for Q1FY24 stood at Rs 2,922.97 lakh which was a growth of 78.83% over Q1FY23.
  • PAT for Q1FY24 stood at Rs 1,544.15 lakh which a growth of 61.90% over Q1FY23.
  • During Q1FY24 the company has charged an amount of Rs 150.43 lakh towards brand building.



Result PDF

View Other Company Results


Operating Profit
Profit after Tax
Reserves and Surplus
Operating Profit
Profit after Tax

Hariom Pipe Industries Ltd Stocks COMPARISION


Equity Capital: 375.33 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 15,779.50 22,156.90
LAST 3M 54,802.13 -2,099.03
LAST 6M 93,089.45 78,838.27
LAST 12M 161,092.98 118,023.38

Hariom Pipe Industries Ltd Information

Stock PE (TTM)
Promoter Holding
Book Value
  • The Company was incorporated as `Hari Om Concast And Steels Private Limited` at Hyderabad as a Private Limited Company with the provisions of the erstwhile Companies Act, 1956, pursuant to a Certificate of Incorporation dated June 21, 2007 issued by the Registrar of Companies, Andhra Pradesh. Thereafter, the name of Company changed to `Hariom Pipe Industries Private Limited` vide Special Resolution dated December 12, 2017 and a fresh Certificate of Incorporation consequent to change in name was issued on December 27, 2017 by Registrar of Companies, Hyderabad. Thereafter, Company was converted into to a Public Limited Company and consequently, name of the Company got changed to `Hariom Pipe Industries Limited` by a Special Resolution passed on January 08, 2018 and a fresh Certificate of Incorporation consequent upon conversion was issued on January 17, 2018 by the Registrar of Companies, Hyderabad. Mr. Rupesh Kumar Gupta and Mr. Sailesh Gupta are third generation entrepreneurs and founders in the Iron and Steel Industry. They have been instrumental in the growth and management of the Company. The Company is an integrated manufacturer of Mild Steel (MS) Pipes, Scaffolding, HR Strips, MS Billets, and Sponge Iron in South India. The Company has two manufacturing units which cater to the southern and western Indian markets for products. Unit I plant located at Mahabubnagar Dist. in Telangana manufactures finished steel products from iron scrap and sponge Iron. This plant is equipped with state-of-the-art machines and modern technology for accurately testing the products. The Unit II plant located at Anantapur Dist., Andhra Pradesh exclusively manufactures Sponge Iron. Unit II plant located near Bellary, is one of the hubs in South India for iron ore production. The iron ore required to produce Sponge Iron at Unit II is mostly procured through the online bidding process. Most of the Sponge Iron produced at the Unit II is transported to the Unit I and used as a source of raw material for manufacturing MS Billets, HR Strips, MS Pipes and Scaffolding. The manufacturing of Sponge Iron at Unit II reduced dependence on external sources for raw materials since its acquisition in September, 2020. The integration of Unit I and II have optimized operations and profitability through backward integration which helps with efficient logistics, inventory management, procurement, energy savings and quality control. The Company use iron ore to produce Sponge Iron which is then processed across various stages to manufacture final products viz. MS Pipes and Scaffolding making manufacturing process cost-effective. MS Pipes are marketed in these nations under the brand "Hariom Pipes". Substantial portion of the Sponge Iron, MS Billets and HR Strips produced by Company are used for captive consumption in the manufacturing MS Pipes and Scaffolding. The Company manufacture MS Pipes and Scaffoldings of more than 150 different specifications and cater, directly and indirectly, to customer requirements in various sectors such as housing, infrastructure, agriculture, automotive, power, cement, mining, solar power and engineering. The quality control team led by qualified chemists and engineers ensure that raw materials as well as end products are tested on all quality parameters to ensure that clients are compliant with the required market standards. They mainly sell MS Pipes through more than 200 distributors and dealers. The team sell MS Pipes and Scaffoldings to certain developers and contractors directly as B2B sales. The Company believe that its key differentiator is the product specifications in terms of thickness, length, quality, availability and customized products. The Company obtained IS 3601:2006 for steel pipes for mechanical and general engineering purposes, IS 2830:2012 for MS Billets, IS 4923:2017 for hollow steel sections for structural use. It has obtained quality management system certificates viz. ISO 9001:2015. In 2010, the Company commenced production of HR Strips and MS Tubes at Unit I. In 2011, the Company commenced production of Scaffolding at Unit I. In 2013 the Company commenced production of HR Slit Coil & MS Tubes at Unit I. During the FY 19-20, the Company acquired land admeasuring Ac 9.31 at Sy. No. 98, D. Hirehal Village & Panchayat, Rayadurgam Sub- division, Ananthapur revenue division from M/ s. S. S. P. Sponge Iron Pvt. Ltd. The Company also acquired Vacant site admeasuring Ac. 10 located at Sy. No. 98, D. Hirehal Village & Panchayat, Rayadurgam Sub- division, Ananthapur, revenue division in name of Mr. Siva Prasanth. In August 2020, the Company acquired Unit II of Sponge Iron at Anantapur, Andhra Pradesh, with a capacity of 36,000 MTPA. During FY 2020-21, the Company acquired Plant & Machinery, Factory Building (Sponge unit) form S. S. P. Sponge Iron Pvt. Ltd. located at Sy. No. 98, D. Hirehal Village & Panchayat, Rayadurgam. Also, the production of Sponge Iron has been started at the plant. In 2021, the Company was accredited ISO 9001:2015 (Quality Management System) in respect of manufacturing of MS Billets, HR Strips, MS Pipes, MS Sections, GP Pipes and Scaffoldings.

Registered Address

Plot 3-4-174/12/2 1st Floor, Samarpan Lane No. 125 Attapur, Hyderabad, Telangana, 500048

Tel : 91-40-24016101
Email : cs:hariompipes.com
Website : http://www.hariompipes.com

Bigshare Services Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 543517
Book Closure Date (Month) :
BSE Group : B
ISIN : INE00EV01017

FAQ’s on Hariom Pipe Industries Ltd Shares

You can buy Hariom Pipe Industries Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Hariom Pipe Industries Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Dec 01, 2023 03:59 PM the closing price of Hariom Pipe Industries Ltd was ₹ 658.35.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Dec 01, 2023 03:59 PM, the market cap of Hariom Pipe Industries Ltd stood at ₹ 1,818.23.

The latest PE ratio of Hariom Pipe Industries Ltd as of Dec 01, 2023 03:59 PM is 31.56

The latest PB ratio of Hariom Pipe Industries Ltd as of Dec 01, 2023 03:59 PM is 0.22

The 52-week high of Hariom Pipe Industries Ltd is ₹ 740.00 while the 52-week low is ₹ 290.00

Download Our App

market app
market app