Hariom Pipe Industries Showcases Growth Strategy at Kaptify Korporate Konnect Event
Hariom Pipe Industries Limited presented at the Kaptify Korporate Konnect event on March 18, 2026, showcasing its vertically integrated steel manufacturing operations with 785,232 MTPA capacity across five facilities. The company reported strong financial performance with revenue CAGR of 52% from FY21-FY25, reaching INR 1,357 crore in FY25 and INR 1,159.7 crore in 9MFY26 (21% growth). Operating through 900+ dealers across southern and western India, the company focuses on value-added products and sustainability initiatives including 60 MW solar power project development.
*this image is generated using AI for illustrative purposes only.
Hariom Pipe Industries Limited presented its comprehensive business strategy and operational highlights at the Kaptify Korporate Konnect event held on March 18, 2026, in Mumbai. The investor presentation showcased the company's position as a leading vertically integrated steel manufacturer with strong presence in southern and western India.
Manufacturing Infrastructure and Capacity
The company operates five state-of-the-art manufacturing facilities across southern India with a total installed capacity of 785,232 MTPA. The manufacturing infrastructure spans approximately 115 acres, with an additional 65 acres available for future expansion.
| Facility | Products | FY24 Capacity (MTPA) | FY25 Capacity (MTPA) | FY26 Capacity (MTPA) |
|---|---|---|---|---|
| Ananthapur | Sponge Iron | 36,000 | 36,000 | 36,000 |
| Ananthapur | M.S. Billets | 104,232 | 104,232 | 104,232 |
| Ananthapur | HR Strips | 124,000 | 124,000 | 124,000 |
| Mahabubnagar | MS Tubes | 132,000 | 132,000 | 216,000 |
| Mahabubnagar | Scaffolding | 5,000 | 5,000 | 5,000 |
| Mahabubnagar | Galvanized Pipes & Coils | 120,000 | 120,000 | 120,000 |
| Perundurai | Galvanized Pipes & Coils | 180,000 | 180,000 | 180,000 |
The company's vertically integrated model enables backward integration from raw materials to finished products, with current cumulative capacity of 264,232 MTPA for raw materials and 521,000 MTPA for finished goods.
Financial Performance Highlights
Hariom Pipe Industries demonstrated robust financial growth with consistent performance across key metrics. The company achieved revenue CAGR of 52% from FY21 to FY25, with revenue increasing from INR 254 crore in FY21 to INR 1,357 crore in FY25.
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue (INR Cr) | 254 | 431 | 644 | 1,153 | 1,357 |
| EBITDA (INR Cr) | 34 | 56 | 82 | 139 | 175 |
| EBITDA Margin (%) | 13.50 | 13.00 | 12.70 | 12.00 | 12.90 |
| PAT (INR Lac) | 15 | 32 | 46 | 57 | 62 |
For the nine months ended FY26, the company reported revenue of INR 1,159.7 crore compared to INR 957.4 crore in 9MFY25, representing 21% growth. EBITDA remained stable at INR 127 crore with margin of 12.55% in 9MFY26.
Market Presence and Distribution Network
The company operates through a comprehensive distribution strategy with 900+ dealers and B2B clients across India. Approximately 80% of sales are conducted through the dealer network, while 20% represents direct B2B sales. The company maintains strong presence in southern and western India, with significant customer coverage across key states.
| State | Customer Count |
|---|---|
| Telangana | 247 |
| Karnataka | 225 |
| Tamil Nadu | 165 |
| Andhra Pradesh | 154 |
| Kerala | 106 |
| Maharashtra | 22 |
Sustainability and Renewable Energy Initiatives
The company has implemented significant sustainability measures, including 3.4 MW solar renewable capacity across its facilities. Power costs as percentage of revenue decreased from 13.0% in FY22 to 5.0% in FY25, demonstrating improved operational efficiency.
Through subsidiary Hariom Power and Energy Private Limited (HPEPL), the company is developing a 60 MW AC solar power plant with 25-year power purchase agreement with MSEDCL. The project involves total investment with PNB debt of INR 194.66 crore at 8.80% per annum and equity infusion of INR 22.90 crore.
Product Portfolio and Applications
The company offers over 800 SKUs across 10 major product lines, serving diverse applications including automotive components, infrastructure, water supply systems, and consumer goods. The product range includes MS tubes, galvanized pipes and coils, scaffolding materials, and various value-added steel products with thickness capabilities as thin as 0.4mm.
Value-added product sales demonstrated strong growth with CAGR of 72% from FY21 to FY25, increasing from 27,081 MT to 235,812 MT. In 9MFY26, value-added product sales reached 198,791 MT compared to 163,663 MT in 9MFY25.
Source: None/Company/INE00EV01017/9e37da9d-a93c-43bc-97ea-1dbbf346b357.pdf
Historical Stock Returns for Hariom Pipe Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.75% | +0.90% | -15.14% | -37.01% | -7.45% | +35.26% |
How will the planned 84,000 MTPA capacity expansion at Mahabubnagar impact the company's market share in the MS tubes segment by FY27?
What potential revenue contribution is expected from the 60 MW solar power plant once operational, and how might this affect overall profitability margins?
Could the company's strong presence in southern India position it to benefit from upcoming infrastructure projects in the region?
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