Iron & Steel Products company Hariom Pipe Industries announced Q1FY27 results Consolidated Financial Highlights: Total Income: The company reported a total income of Rs 43,054.38 lakh in Q1FY27, compared to Rs 51,664.56 lakh in Q4FY26, reflecting a decrease of 16.66% QoQ. On a YoY basis, it decreased by 6.88% from Rs 46,234.88 lakh in Q1FY26. Revenue from Operations: Revenue stood at Rs 42,918.30 lakh in Q1FY27, down 15.39% from Rs 50,726.85 lakh in Q4FY26 and down 6.90% from Rs 46,096.41 lakh in Q1FY26. Profit Before Tax (PBT): For Q1FY27, PBT was Rs 2,240.63 lakh, showing a decline of 46.26% QoQ from Rs 4,169.47 lakh in Q4FY26 and a 30.41% decrease YoY from Rs 3,219.85 lakh in Q1FY26. Net Profit for the Period (PAT): The company earned a net profit of Rs 1,659.78 lakh in Q1FY27, compared to Rs 3,009.99 lakh in Q4FY26, a decrease of 44.86% QoQ. Compared to Q1FY26 (Rs 2,360.25 lakh), it decreased by 29.68% YoY. Total Comprehensive Income: This was reported at Rs 1,660.52 lakh in Q1FY27, down from Rs 3,013.65 lakh in Q4FY26 and Rs 2,360.01 lakh in Q1FY26. Earnings Per Share (EPS): Basic and Diluted EPS for Q1FY27 was Rs 5.36, compared to Rs 9.72 in Q4FY26 and Rs 7.62 in Q1FY26. Standalone Financial Highlights: Total Income: Standalone total income for Q1FY27 was Rs 43,122.81 lakh, a decrease of 16.54% QoQ from Rs 51,668.00 lakh in Q4FY26 and a 6.73% decrease YoY from Rs 46,234.88 lakh in Q1FY26. Revenue from Operations: Standalone revenue stood at Rs 42,918.30 lakh in Q1FY27, down from Rs 50,726.85 lakh in Q4FY26 and Rs 46,096.41 lakh in Q1FY26. Profit Before Tax (PBT): Standalone PBT was Rs 2,317.22 lakh in Q1FY27, as against Rs 4,177.81 lakh in Q4FY26 and Rs 3,221.00 lakh in Q1FY26. Net Profit for the Period (PAT): Standalone PAT for Q1FY27 was Rs 1,736.36 lakh, compared to Rs 3,018.34 lakh in Q4FY26 and Rs 2,361.40 lakh in Q1FY26. Earnings Per Share (EPS): Standalone Basic and Diluted EPS for Q1FY27 was Rs 5.61. Business Highlights: Segment Wise Performance: As per the management approach, the company is primarily engaged in the manufacturing and selling of Steel Products. This is recognized as the sole business segment, and therefore segment-wise information is not separately provided. Temporary Unit Closure: The operations of the company's Perundurai unit were temporarily suspended from April 2, 2026, as per directions from the Tamil Nadu Pollution Control Board (TNPCB). This closure impacted the company's revenue and profitability for the quarter ended June 30, 2026. However, operations recommenced after the TNPCB suspended the closure direction on July 13, 2026. Preferential Issue of Warrants: During the quarter, the Board and shareholders approved a preferential issue of up to 15,00,000 convertible warrants to the Promoter and Promoter Group at an issue price of Rs 343.03 per warrant, aggregating to Rs 5,145.45 lakh. Subsidiary Project Commissioning: The subsidiary "Hariom Power and Energy Private Limited" successfully received a Project Commissioning Certificate for its 5 MW AC (6 MW DC) Solar PV Power Project in Maharashtra on July 8, 2026. Appointment of Auditors: The Board approved the appointment of M/s. Seshadri & Associates, Cost Accountants, as the Cost Auditors of the Company for the Financial Year 2026-27. Result PDF
Iron & Steel Products company Hariom Pipe Industries announced Q4FY26 & FY26 results Consolidated Financial Highlights: Revenue from Operations: The consolidated revenue from operations for Q4FY26 stood at Rs 50,726.85 lakh, registering a growth of 39.80% QoQ compared to Rs 36,285.39 lakh in Q3FY26, and an increase of 26.91% YoY against Rs 39,970.31 lakh in Q4FY25. For the full year FY26, revenue increased by 22.84% YoY to Rs 1,66,695.39 lakh from Rs 1,35,704.88 lakh in FY25. Total Income: Total income reported in Q4FY26 was Rs 51,664.56 lakh, up by 41.80% QoQ (vs Rs 36,434.85 lakh in Q3FY26) and up by 29.11% YoY (vs Rs 40,014.81 lakh in Q4FY25). For FY26, total income stood at Rs 1,68,011.21 lakh, an increase of 23.54% YoY compared to Rs 1,35,994.35 lakh in FY25. Profit Before Tax (PBT): PBT for Q4FY26 was Rs 4,169.47 lakh, showing a robust surge of 167.93% QoQ (vs Rs 1,556.17 lakh in Q3FY26) and an increase of 77.77% YoY (vs Rs 2,345.43 lakh in Q4FY25). For the full year FY26, PBT grew by 24.84% YoY to Rs 10,374.43 lakh compared to Rs 8,310.22 lakh in FY25. Net Profit for the Period (PAT): The net profit for Q4FY26 stood at Rs 3,009.99 lakh, jumping by 159.66% QoQ (vs Rs 1,159.21 lakh in Q3FY26) and rising 74.59% YoY (vs Rs 1,724.02 lakh in Q4FY25). For FY26, PAT grew by 22.65% YoY to Rs 7,570.78 lakh against Rs 6,172.60 lakh in FY25. Total Comprehensive Income: The company posted a total comprehensive income of Rs 3,013.65 lakh in Q4FY26 (vs Rs 1,158.98 lakh in Q3FY26 and Rs 1,720.03 lakh in Q4FY25). For FY26, it stood at Rs 7,573.74 lakh compared to Rs 6,171.66 lakh in FY25. Standalone Financial Highlights: Revenue from Operations: Standalone revenue for Q4FY26 was Rs 50,726.85 lakh, marking a QoQ increase of 39.80% (vs Rs 36,285.39 lakh in Q3FY26) and a YoY growth of 26.91% (vs Rs 39,970.31 lakh in Q4FY25). For FY26, revenue stood at Rs 1,66,695.39 lakh, up by 22.84% YoY from Rs 1,35,704.88 lakh in FY25. Total Income: Standalone total income in Q4FY26 came in at Rs 51,668.00 lakh, growing 41.81% QoQ (vs Rs 36,434.85 lakh in Q3FY26) and rising 29.12% YoY (vs Rs 40,014.81 lakh in Q4FY25). For FY26, total income increased by 23.55% YoY to Rs 1,68,014.65 lakh (vs Rs 1,35,994.35 lakh in FY25). Profit Before Tax (PBT): The company reported a standalone PBT of Rs 4,177.81 lakh in Q4FY26, climbing 168.08% QoQ (vs Rs 1,558.43 lakh in Q3FY26) and jumping 78.13% YoY (vs Rs 2,345.43 lakh in Q4FY25). For FY26, PBT grew by 24.98% YoY to Rs 10,386.41 lakh, up from Rs 8,310.22 lakh in FY25. Net Profit for the Period (PAT): Standalone net profit for Q4FY26 was Rs 3,018.34 lakh, jumping 159.87% QoQ (vs Rs 1,161.47 lakh in Q3FY26) and rising 75.08% YoY (vs Rs 1,724.02 lakh in Q4FY25). For the full year FY26, PAT was Rs 7,582.77 lakh, reflecting a growth of 22.85% YoY compared to Rs 6,172.60 lakh in FY25. Total Comprehensive Income: Standalone total comprehensive income for Q4FY26 was Rs 3,022.00 lakh. For FY26, it increased to Rs 7,585.73 lakh compared to Rs 6,171.66 lakh in FY25. Business Highlights & Segment-wise Performance: Segment Performance: The Company is primarily engaged in the business of manufacturing and selling Steel Products. The management and Chief Operating Decision Maker (CODM) recognize this as the sole reportable business segment; hence, segment-wise information is not separately provided. Dividend: The Board of Directors recommended a final dividend of Rs 0.75 (Seventy-Five Paise) per equity share of face value of Rs 10 each (i.e., 7.5%) for the financial year ended March 31, 2026. Strategic Subsidiary Investment: The Company invested in Metal Mart Private Limited, a subsidiary incorporated on January 22, 2026, by subscribing to 70,000 equity shares of Rs 10 each (aggregating to Rs 7.00 lakh). This represents a 70% stake in the subsidiary, which will undertake trading activities in metals and steel allied products. Plant Closure Notice & Mitigation: On April 01, 2026, the company received a temporary closure and power disconnection direction from the Tamil Nadu Pollution Control Board for its SIPCOT Industrial Growth Centre unit in Perundurai, Erode. The company initiated corrective measures and is actively mitigating the impact through alternate operations at its Telangana unit. Credit Rating: The company has received favorable credit ratings of CRISIL A- for its Long-term Bank facilities and CRISIL A2+ for its Short-term Bank facilities. Key Appointments: Mr. Yash Gupta was re-designated as Vice President (VP) – Sponge Division, placing him among the Senior Management Personnel of the company, effective May 22, 2026. M/s. R Kabra & Co, LLP was also re-appointed as Statutory Auditors for a second term of five consecutive years. Result PDF
Iron & Steel Products company Hariom Pipe Industries announced Q3FY26 results Revenue: Rs 362.9 crore against Rs 299.9 crore during Q3FY25, change 21%. EBITDA: Rs 45.2 crore against Rs 39.6 crore during Q3FY25, change 14%. EBITDA Margin: 12.47% for Q3FY26. PBT: Rs 15.6 crore against Rs 15.4 crore during Q3FY25, change 1%. PBT Margin: 4.28% for Q3FY26. PAT: Rs 11.6 crore against Rs 11.2 crore during Q3FY25, change 4%. PAT Margin: 3.19% for Q3FY26. EPS: Rs 3.75 for Q3FY26. Result PDF