Indian Hume Pipe Company Limited has scheduled its 100th Annual General Meeting for August 3, 2026, at 2.30 p.m. IST. The meeting will be conducted through Video Conferencing or other Audio-Visual Means in compliance with the Companies Act, 2013 and relevant circulars issued by the Ministry of Corporate Affairs and SEBI. The facility allows members to attend and participate remotely, with their presence counted towards quorum under Section 103 of the Act.

The company has confirmed that no physical copies of the AGM Notice or the Annual Report for the Financial Year 2025-26 will be dispatched to shareholders. These documents will be sent electronically to members with registered email addresses. Shareholders without registered emails will receive a weblink to access the report. Those desiring a physical copy may request it by emailing their Folio-No or DPID and Client-Id to the company.

Indian Hume Pipe Company Limited is providing remote e-voting facilities as well as e-voting during the AGM. The company has fixed July 27, 2026, as the cut-off date for determining entitlement to vote. Login details for e-voting will be sent to shareholders with registered email addresses.

Shareholders have been advised regarding tax deduction at source on dividends. A resident individual shareholder holding a valid PAN and not liable to pay income tax may submit a declaration in Form No. 121 under Section 393(6) of the Income-tax Act, 2025, and a declaration under Rule 203 of the Income-tax Rules, 2026, by July 18, 2026. Failure to register or update PAN may result in tax deduction at a higher rate of 20%.

Non-resident shareholders must submit a certificate of residence and other prescribed documents by July 18, 2026, to avail beneficial tax treaty rates. The company further stated that dividends will be paid exclusively through electronic mode from April 1, 2024. Shareholders were requested to update bank account details, email, and mobile numbers with their depositories or the Registrar and Transfer Agent, M/s MUFG Intime India Pvt. Ltd.

The Indian Hume Pipe Co. Ltd. has announced its annual audited standalone financial results for the financial year ended March 31, 2026. The board of directors, which met on May 14, 2026, reviewed and approved the financial statements, reporting a net profit of ₹141.11 crores for the year. The results were subsequently published in Business Standard (English) and Sakal (Marathi) on May 15, 2026, pursuant to a filing made with BSE and NSE under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors, M/s. K. S. Aiyar & Co, provided an unmodified opinion on the annual audited standalone financial results. The company operates primarily in the Construction and Real Estate segments and attributed the 12.45% decline in turnover compared to the previous year to extended monsoon conditions, an elongated billing cycle in Jal Jeevan Mission, and Bhagiratha Projects, which led to selective execution of projects in certain states.

Financial Performance Overview

For the quarter ended March 31, 2026, the company reported a net profit of ₹22.98 crores on revenue from operations of ₹351.30 crores. The Q4 EBITDA margin stood at 14.02%, compared to 15.07% in the same quarter of the previous year. For the full year, revenue from operations stood at ₹1305.57 crores, while total revenue reached ₹1350.39 crores. EBITDA for the full year was ₹190.55 crores, representing a margin of 14.60% — an improvement of 152 basis points over the previous year — driven by increased execution of pipeline irrigation projects and stronger demand for the company's manufacturing products. Exceptional items of ₹64.33 crores for the year arose primarily from the sale of freehold land at Azamabad Industrial Area, Hyderabad, Telangana, admeasuring about 15,310.80 sq. metres, to M/s. ASBL Private Limited (formerly known as M/s. Ashoka Builders India Private Limited) for a consideration of INR 173.96 crores. The company's earnings per share (EPS) for the year was ₹26.79, and total comprehensive income stood at ₹13824.79 lakhs.

The following table summarises the key financial metrics for the year:

The company also reported a significant reduction in borrowing costs, with finance costs declining from INR 62.35 crores to INR 47.42 crores — a reduction of INR 14.93 crores — achieved through judicious use of surplus cash flows generated from monetisation of idle land parcels and real estate development. Treasury income rose sharply to INR 42.22 crores compared to INR 5.62 crores in the previous year. Additionally, the company's long-term credit rating was upgraded to A stable from A– stable, and its short-term credit rating was upgraded to A1 from A2+. Sale value of manufacturing products during the year recorded a growth of 28% compared to the previous year.

Segment-Wise Performance

The company operates across two segments — Construction and Real Estate — under Ind AS 108. For the year ended March 31, 2026, the Construction segment contributed revenue of ₹130556.83 lakhs, while the Real Estate segment reported nil revenue for the year. Segment-wise profit before tax and finance costs stood at ₹17137.40 lakhs for Construction and a loss of ₹60.84 lakhs for Real Estate.

Real Estate Segment Progress

The company is monetising its surplus land in Pune through two joint development projects. At Hadapsar, Pune, the Dosti Greenscapes project is being developed with Dosti Realty Ltd. on a revenue-sharing basis of 38% to the company and 62% to Dosti Realty Ltd. The entire project has a total potential of 12 residential towers and 1 commercial tower with a total RERA carpet area of 10,95,288.67 sq. ft. (approx.). As of May 10, 2026, 9 towers with 1,025 units and a total RERA carpet area of 7,76,720.45 sq. ft. have been launched across four phases. As of May 10, 2026, 700 units have been booked with an agreement value of INR 573.05 crores, of which the company's 38% share amounts to INR 217.76 crores, with advance received of INR 158.22 crores.

At Vadgaon, Pune, the Kalpataru Blossoms project is being developed with Kalpataru Ltd. on a revenue-sharing basis of 32.50% to the company and 67.50% to Kalpataru Ltd. The project land admeasures 6,73,826 sq. ft. (approx.) and is subdivided into Plot A (land area of 2,24,967.60 sq. ft. approx.) and Plot B (land area of 4,48,858.80 sq. ft. approx.), with Plot A currently under development. Plot A comprises 3 residential towers and commercial units with a total RERA carpet area of 5,65,086 sq. ft. As of May 10, 2026, 201 units have been booked with an agreement value of INR 393.72 crores, of which the company's 32.5% share amounts to INR 127.96 crores, with advance received of INR 40.65 crores. Combined, the company has received cash flows of INR 198.87 crores from both projects since inception.

Separately, the pledge on 1,16,94,995 equity shares (22.20% of paid-up capital) held by IHP Finvest Limited, a promoter group company, was released on March 24, 2026. These shares were earlier pledged in favour of SBICAP Trustee Co. Ltd. for the release of the company's land at Vadgaon, Pune, which has been put for development.

Order Book

The company's order book remains robust. The estimated balance value of work as at May 6, 2026 stood at INR 4118.97 crores, compared to INR 4002.48 crores as at May 8, 2025. Additionally, the company is L1 in one project valued at INR 625.94 crores as at May 6, 2026.

Dividend Declaration and Book Closure

To commemorate its 100th anniversary, the board has recommended a total dividend of ₹5 per equity share of face value ₹2 each (250%). This comprises a normal dividend of ₹2 per share (100%) and a special dividend of ₹3 per share (150%) on account of the company's 100th anniversary. The dividend is proposed on 5,26,81,770 equity shares. Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Register of Members and Share Transfer Books of the company will remain closed from Saturday, July 18, 2026 to Monday, August 3, 2026 (both days inclusive) for the purpose of holding the 100th Annual General Meeting and payment of dividend, if declared. The record date for determining shareholder entitlement has been fixed as Friday, July 17, 2026. The payout is subject to shareholder approval at the upcoming Annual General Meeting, and if approved, will be paid within 30 days of declaration.

Corporate Governance and Meetings

The board has scheduled the 100th Annual General Meeting (AGM) for Monday, August 3, 2026, at 2:30 p.m. via Video Conferencing. The cut-off date for ascertaining members eligible for e-voting is Monday, July 27, 2026. The board also approved the re-appointment of Ms. Anima B. Kapadia (DIN: 00095831), a Non-Executive Non-Independent Director, who retires by rotation at this AGM. Ms. Kapadia, an eminent Solicitor and Advocate practicing in various High Courts and the Supreme Court of India, attains the age of 75 years on July 4, 2026, and being eligible, has offered herself for re-appointment, subject to shareholder approval by way of Special Resolution. The board meeting commenced on May 14, 2026, at 3:30 P.M. and concluded at 5:00 P.M. on the same day.