Hariom Pipe Industries Limited - Business Update for Q1FY26

Hariom Pipe Industries Ltd, established in 2007, is a leading manufacturer of iron and steel products in India. With over 17 years of rich industry experience, the company offers a diverse product range including Mild Steel Billets, HR and CR Pipes, GP Pipes, and Scaffolding systems. Operating advanced manufacturing facilities in Telangana, Tamil Nadu, and Andhra Pradesh, Hariom Pipe Industries is committed to quality and industry standards. The company boasts a total installed capacity of 701,232 MTPA and an extensive product portfolio with over 800 SKUs. Hariom Pipe Industries has a strong market presence in South and West India, known for its innovation, reliability, and commitment to excellence. We are pleased to present the following operational update for Q1FY26.

The company has witnessed strong growth in sales, particularly in its Value-Added Products (VAP), highlighting continued progress in its strategic focus on high-value product offerings.

Strong Growth in Value-Added Product Sales - Q1FY26 Volume Update

- Sale Volume of Value-Added Products for the Quarter - Growth of 36% YoY & 4% QoQ
- Total Sales Volume for the Quarter - Growth of 35% YoY & 5% QoQ

Key Volume Highlights:

Q1 FY26 Performance:

- Sale of Value-Added Products (VAP) reached 75,362 MT, reflecting a significant 36% yearon-year increase from 55,602 MT in Q1 FY25.

- Total sales volume stood at 78,221 MT, a 35% year-on-year growth.

Key Volume Highlights:

Q1 FY26 Performance:

- Sale of Value-Added Products (VAP) reached 75,362 MT, reflecting a significant 36% yearon-year increase from 55,602 MT in Q1 FY25.

- Total sales volume stood at 78,221 MT, a 35% year-on-year growth

- VAP contributed 96% of the total sales volume, demonstrating the strong demand for premium products.

Outlook:

The strong results reflect Hariom Pipe Industries Ltd's continued focus on product differentiation and its expanding presence in key markets. The increasing contribution of Value-Added Products (VAP) highlights the company's ongoing efforts to enhance its product portfolio and deepen customer relationships.

The company is poised for continued growth, with an emphasis on operational excellence, product innovation, and long-term value creation for all stakeholders.

Commenting on the update, Mr. Rupesh Kumar Gupta, Managing Director, said, "We are pleased to report a robust performance in Q1 FY26, with significant growth in both volume and the proportion of Value-Added Products in our overall sales mix. The shift toward high-value, specialized products reflects our long-term strategy of diversifying our portfolio and enhancing customer value. This continued focus on VAP not only drives higher margins but also strengthens our competitive edge in the market.

Our strong presence in South and West India, combined with our operational efficiency and customer-centric approach, positions us well for continued success. We are confident that our focus on innovation, quality, and strategic investments will allow us to continue meeting market demands and generating value for our shareholders."

Note: All information in the business update is provisional and unaudited.

Shares of Hariom Pipe Industries Limited was last trading in BSE at Rs. 408.95 as compared to the previous close of Rs. 416.65. The total number of shares traded during the day was 16169 in over 984 trades.

The stock hit an intraday high of Rs. 422.45 and intraday low of 406.05. The net turnover during the day was Rs. 6671652.00.

Source : Equity Bulls

Keywords

HariomPipeIndustries INE00EV01017 IronandSteelProducts Q1FY26 BusinessUpdate