ScoreWhy is Hariom Pipe Industries Ltd ?
1
Healthy long term growth as Net Sales has grown by an annual rate of 44.54% and Operating profit at 30.59%
2
Positive results in Mar 26
- NET SALES(Q) Highest at Rs 507.27 cr
- PBDIT(Q) Highest at Rs 63.87 cr.
- PBT LESS OI(Q) Highest at Rs 32.31 cr.
3
Stock is technically in a Mildly Bearish range
- A key technical factor - KST has been Bearish since 21 May 2026
4
With ROCE of 13, it has a Very Attractive valuation with a 1.5 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 4.40%, its profits have risen by 2.6% ; the PEG ratio of the company is 6.4
5
Despite the size of the company, domestic mutual funds hold only 0% of the company
- Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
Real-Time Research ReportHow much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Iron & Steel Products)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Hariom Pipe for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Hariom Pipe
-29.43%
0.08
53.83%
Sensex
-11.61%
-0.49
12.94%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
37.40%
EBIT Growth (5y)
28.31%
EBIT to Interest (avg)
2.70
Debt to EBITDA (avg)
2.58
Net Debt to Equity (avg)
0.58
Sales to Capital Employed (avg)
1.39
Tax Ratio
26.88%
Dividend Payout Ratio
3.06%
Pledged Shares
0
Institutional Holding
10.31%
ROCE (avg)
14.57%
ROE (avg)
11.24%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
15
Industry P/E
23
Price to Book Value
1.57
EV to EBIT
10.25
EV to EBITDA
6.88
EV to Capital Employed
1.36
EV to Sales
0.85
PEG Ratio
5.75
Dividend Yield
NA
ROCE (Latest)
14.11%
ROE (Latest)
11.71%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
No Trend
Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend5What is working for the Company
ROCE(HY)
Highest at 15.36%
DEBT-EQUITY RATIO(HY)
Lowest at 0.58 times
-5What is not working for the Company
PAT(Q)
At Rs 16.60 cr has Fallen at -12.3% (vs previous 4Q average
OPERATING PROFIT TO NET SALES (Q)
Lowest at 11.62%
PBT LESS OI(Q)
At Rs 21.05 cr has Fallen at -7.1% (vs previous 4Q average
Loading Valuation Snapshot...
Here's what is working for Hariom Pipe
Debt-Equity Ratio - Half Yearly
Lowest at 0.58 times
in the last five half yearly periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Here's what is not working for Hariom Pipe
Profit After Tax (PAT) - Quarterly
At Rs 16.60 cr has Fallen at -12.3% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 18.93 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Operating Profit Margin - Quarterly
Lowest at 11.62%
in the last five quartersMOJO Watch
Company's efficiency has deteriorated
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 21.05 cr has Fallen at -7.1% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 22.65 CrMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)
