Indian Hume Pipe Company Limited has filed its Business Responsibility and Sustainability Report for the financial year 2025-26 with the stock exchanges. The report outlines the company's adherence to the National Guidelines on Responsible Business Conduct (NGRBC) and details its environmental, social, and governance (ESG) performance. The company noted that the report is not applicable to it for the financial year 2025-26 but was submitted on a voluntary basis.

Financial and Operational Overview

The company reported a turnover of ₹1,30,556.83 Lakhs and a net worth of ₹1,48,435.98 Lakhs as on March 31, 2026. Its primary business activities involve the construction and maintenance of water supply, irrigation, sanitation, and sewerage systems, along with pipe manufacturing, which accounted for 100% of its turnover. The company operates 16 plants and 21 offices nationally, serving customers across 13 states.

Environmental Performance

The report disclosed significant data on the company's resource consumption and waste management. Total energy consumption for FY 2025-26 stood at 17,738.71 Giga Joules, with energy intensity recorded at 0.62 Giga joules per Lakh of turnover. Water withdrawal totalled 1,58,780.80 kilolitres, primarily from groundwater sources. The company generated 3,413.08 metric tonnes of waste, of which 3,178.00 metric tonnes were reused, primarily as concrete waste.

Key Environmental Metrics

Social and Governance Disclosures

The company reported a workforce of 1,027 employees and 457 workers as of the end of the financial year. Women comprised 3.89% of the total workforce and held 37.50% of the seats on the Board of Directors. The report highlighted that no fines or penalties were imposed by regulatory authorities during the year. Additionally, there were no reported cases of sexual harassment or discrimination at the workplace.

The Board of Directors, led by Mr. Rajas R. Doshi, Chairman and Managing Director, and Mr. Mayur R. Doshi, Vice-Chairman & Joint Managing Director, oversees the implementation of business responsibility policies. The company confirmed compliance with all applicable environmental laws and regulations.

The Indian Hume Pipe Company Limited has submitted its Annual Report for the financial year ended 31st March, 2026, coinciding with the company's centennial year. Incorporated on 20 July 1926, the company has spent a century manufacturing and laying pipelines for water supply, irrigation, sanitation, and sewerage infrastructure across India. The 100th Annual General Meeting is scheduled for Monday, 3rd August, 2026 at 2.30 p.m. (IST) through Video Conferencing / Other Audio Visual Means.

Financial Performance for FY2025-26

The company's financial results for the year ended 31st March, 2026 reflect a moderation in revenue and profitability compared to the previous year, primarily due to a significantly lower exceptional gain. The following table summarises the key financial metrics:

The exceptional item for FY2025-26 represents a net gain of ₹6,433.35 Lakhs from the sale of freehold land at Azamabad Industrial Area, Hyderabad, Telangana, admeasuring about 15,310.80 Sq. mtrs., to ASBL Private Limited for a consideration of ₹17,395.99 Lakhs. The prior year's exceptional item of ₹54,522.05 Lakhs arose from the sale of land at Yelhanka, Bengaluru.

Centennial Dividend Declaration

To mark its 100th Anniversary, the Board of Directors has recommended a total dividend of ₹5/- (Rupees Five only) per equity share of face value ₹2/- each (250%), subject to shareholder approval at the ensuing 100th AGM. The dividend comprises two components:

The total cash outflow on account of the proposed dividend amounts to ₹26,34,08,850/- (Rupees Twenty Six Crores Thirty Four Lakhs Eight Thousand Eight Hundred Fifty Only), applicable on 5,26,81,770 Equity Shares. The dividend, if approved, will be paid on or after 7th August, 2026 to members whose names appear in the Register of Members as on the record date of 17th July, 2026. This compares to a total dividend of ₹5.80 per equity share (290%) paid for the previous financial year ended 31st March, 2025.

Key Financial Ratios

The following table presents significant changes in key financial ratios for FY2025-26 compared to FY2024-25:

The decline in Net Profit Margin and Return on Net Worth is primarily attributable to the variation in exceptional gain between the two years. The improvement in the Interest Coverage Ratio is mainly due to a reduction in interest cost. The decrease in Inventory Turnover Ratio is on account of higher average inventory due to purchase of FSI/TDR in the Real Estate Segment.

Order Book and Operational Highlights

The company's order book position stood at ₹4,118.97 Crores as on 6th May, 2026, compared to ₹4,002.48 Crores as on 8th May, 2025. During the year, the company completed several prominent water supply projects valued above ₹5,000 Lakhs each, including:

• Bisalpur-Prithviraj Nagar Water Supply Project Phase-I, Stage-I in Rajasthan valued at ₹29,550.63 Lakhs
• Dedicated Water Supply Scheme for Madurai Corporation in Tamil Nadu valued at ₹25,759.79 Lakhs
• Indwar-I Multivillage Rural Water Supply Scheme in Madhya Pradesh valued at ₹23,243 Lakhs
• Bhedaghat Water Supply Scheme in Madhya Pradesh valued at ₹21,802.53 Lakhs

On the Railway Sleepers segment, the company manufactured a total of 2,27,796 sleepers amounting to ₹6,274.42 Lakhs and supplied 2,08,574 sleepers amounting to ₹5,763.31 Lakhs during the year. The outstanding order book for Railway Sleepers stood at ₹6,841.07 Lakhs as on 31st March, 2026.

Land Development and Real Estate

The company continued to monetise its land parcels across key locations. At Hadapsar, Pune, the "Dosti Greenscapes" project by Dosti Realty Ltd. has seen 683 flats booked with a sale value of ₹557.70 Crores as on 31st March, 2026, of which the company's share (38%) amounts to ₹211.93 Crores. The company has received an advance of ₹150.35 Crores of its share of revenue. At Vadgaon, Pune, the "Kalpataru Blossoms" project has seen 188 flats booked with a sale value of ₹368.98 Crores, of which the company's share (32.50%) is approximately ₹119.92 Crores, with advances received of ₹36.91 Crores.

Credit Rating and Corporate Governance

During the year, Infomerics Valuation and Rating Limited reviewed and upgraded the company's rating for Long Term Bank facilities to IVR A/Stable (IVR Single A with Stable Outlook) and Short Term Bank facilities to IVR A1 (IVR A One). The company's total permanent employee strength stood at 1,484 as on 31st March, 2026. The Statutory Auditors, M/s. K. S. Aiyar & Co., issued an unqualified audit report for the financial year ended 31st March, 2026. The company's issued, subscribed and paid-up Equity Share Capital as at 31st March, 2026 stood at ₹1,053.64 Lakhs, divided into 5,26,81,770 Equity Shares of face value ₹2/- each.