Hariom Pipe Industries Ltd Share Price – NSE  / BSE

Steel, Small Cap

Hariom Pipe Industries announced the revision in rating outlook to 'Watch Developing' from 'Stable' while credit rating has been reaffirmed at CRISIL A-/ CRISIL A2+ for the company's bank facilities.

Net profit of Hariom Pipe Industries rose 3.21% to Rs 11.59 crore in the quarter ended December 2025 as against Rs 11.23 crore during the previous quarter ended December 2024. Sales rose 21.00% to Rs 362.85 crore in the quarter ended December 2025 as against Rs 299.88 crore during the previous quarter ended December 2024.

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Hariom Pipe Industries will hold a meeting of the Board of Directors of the Company on 7 February 2026.

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Revenue from operations rose 6.86% YoY to Rs 335.87 crore for the quarter ended 30 September 2025.

Total expenses jumped 9.80% to Rs 322.48 crore in Q2 FY26 as compared with Rs 293.68 crore in Q2 FY25. Cost of material consumed stood at Rs 259.71 crore (up 5.59% YoY) and Employee benefit expenses was at Rs 13.60 crore (up 4.53% YoY) during the period under review.

Profit before tax (PBT) fell 33.68% to Rs 14.29 crore in Q2 FY26 as against Rs 21.55 crore posted in the same quarter last year.

On half-year basis, the company's consolidated net profit rose 2.28% to Rs 34.02 crore on 21.19% increase in revenue to Rs 796.83 crore in H1 FY26 over H1 FY25.

Hariom Pipe Industries is a manufacturer of high-quality steel products.

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