Indian Hume Pipe Q1 Results: Net profit rises 7.5% YoY to ₹23.6 crore
Indian Hume Pipe posted a 7.5% YoY rise in net profit to ₹23.57 crore for Q1FY26, supported by a 60 bps expansion in EBITDA margin to 15.43%. Revenue remained flat at ₹302.81 crore. The order book grew to ₹4,730.69 crore, bolstered by new orders in Rajasthan and Telangana. Real estate monetization projects in Pune continue to generate significant advances.
*this image is generated using AI for illustrative purposes only.
Indian Hume Pipe Company Limited reported a ₹23.57 crore net profit for the quarter ended June 30, 2026, marking a 7.5% year-on-year increase from the previous year’s ₹21.92 crore. Revenue from operations remained largely stable at ₹302.81 crore, compared to ₹307.43 crore in the corresponding quarter of FY25.
The company’s operational efficiency improved despite flat top-line growth, with EBITDA rising to ₹46.73 crore from ₹45.60 crore in Q1FY25. This translated into an EBITDA margin expansion of 60 basis points to 15.43% from 14.83% in the prior year period. Profit before tax and exceptional items climbed to ₹31.55 crore, up from ₹29.07 crore previously.
Financial Performance
| Metric: | Q1FY26 | Q1FY25 | Change |
|---|---|---|---|
| Revenue from Operations: | ₹302.81 crore | ₹307.43 crore | -1.5% |
| Total Revenue: | ₹319.78 crore | ₹319.30 crore | +0.1% |
| EBITDA: | ₹46.73 crore | ₹45.60 crore | +2.5% |
| EBITDA Margin: | 15.43% | 14.83% | +60 bps |
| Net Profit: | ₹23.57 crore | ₹21.92 crore | +7.5% |
Other income contributed ₹16.97 crore in Q1FY26, an increase from ₹11.87 crore in the same quarter last year. Tax expenses rose to ₹7.98 crore from ₹7.15 crore.
What the Numbers Show
A key driver of the improved bottom line was the reduction in net finance costs. Treasury income stood at ₹12.57 crore, exceeding finance costs of ₹10.54 crore. This surplus cash flow resulted from the monetization of idle land parcels in Bangalore and Hyderabad, alongside proceeds from real estate development projects in Pune. Consequently, working capital borrowings were substantially lowered, reducing overall borrowing costs.
Order Book and Real Estate Progress
The estimated balance value of the order book increased to ₹4,730.69 crore as of August 4, 2026, from ₹3,944.87 crore as of July 31, 2025. Recent new orders worth ₹630 crore in Rajasthan and ₹459 crore in Telangana are currently at the implementation stage, with execution expected to commence in the third quarter of FY26.
In its real estate segment, progress continues on two major joint development projects in Pune:
- Dosti Greenscapes (Hadapsar): Out of 1,025 units across nine towers, 756 units have been booked with an agreement value of ₹627.05 crore. The company’s share (38%) amounts to ₹238.28 crore, with advances received totaling ₹179.32 crore. Occupation Certificates for five towers are expected in the current financial year.
- Kalpataru Blossoms (Vadgaon): Plot A comprises 470 units with a total RERA carpet area of 5,65,086 sq. ft. As of August 9, 2026, 220 units have been booked with an agreement value of ₹433.28 crore. The company’s share (32.5%) is ₹140.82 crore, with advances received of ₹67.03 crore.
Historical Stock Returns for Indian Hume Pipe
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.77% | -5.41% | -8.80% | -7.34% | -3.16% | +78.91% |
How sustainable is the current EBITDA margin expansion if revenue growth remains flat in subsequent quarters?
What is the projected timeline for the monetization of remaining idle land parcels, and how will it impact future treasury income?
Will the commencement of the ₹1,089 crore in new orders from Rajasthan and Telangana significantly boost top-line growth in Q3FY26?
15
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
