Financial Highlights

• Revenue from operations increased by 35% to ₹4,600.64 crore, up from ₹3,431.79 crore in the same quarter last year.
• Net profit rose by 35% to ₹236.14 crore, compared to ₹175.06 crore in Q1 of the previous fiscal year.
• EBITDA improved to ₹576.00 crore from ₹446.00 crore year-over-year.
• EBITDA margin slightly declined to 12.49% from 13% in the previous year.

Quarterly Performance

Hariom Pipe Industries 's unaudited standalone financial results for Q1 reveal a robust performance:

Operational Highlights

• The company has taken on lease land, factory, plant, and machinery from Ultra Pipes, a related party, for a term of 99 years, effective April 1, 2025.
• Cost of materials consumed increased to ₹3,788.55 crore from ₹2,823.00 crore in the corresponding quarter last year.
• Employee benefits expense rose to ₹135.33 crore compared to ₹112.97 crore in Q1 FY2024-25.

Management Commentary

Rupesh Kumar Gupta, Managing Director of Hariom Pipe Industries Limited, stated, "We are pleased to report a strong start to the fiscal year with significant growth in both revenue and profitability. Our strategic initiatives and operational efficiencies have contributed to this performance, positioning us well for sustained growth."

Board Decisions

In a board meeting held on August 8, 2025, several key decisions were made:

1. Approval of unaudited financial results for Q1 FY2025-26.
2. Re-appointment of M/s. Seshadri & Associates as Cost Auditors for FY2025-26.
3. Appointment of Mr. Ansh Golas as a Whole-time Director, designated as Executive Director, for a three-year term.
4. Renaming of the Fund-Raising Committee to Finance & Business Development Committee with expanded scope.
5. Approval for the subsidiary, Hariom Power and Energy Private Limited, to raise equity capital from external investors.
6. Increase in borrowing limit to ₹2,000 crore, subject to shareholder approval.

Future Outlook

With a strong Q1 performance and strategic decisions aimed at future growth, Hariom Pipe Industries appears well-positioned to capitalize on market opportunities. The company's focus on operational excellence and expansion initiatives suggests a positive outlook for the coming quarters.

Hariom Pipe Industries has announced a temporary shutdown of its Unit I plant in Mahabubnagar, Telangana, for maintenance and technological upgrades. The company, known for its steel pipe manufacturing, aims to enhance operational efficiency and product quality through this initiative.

Shutdown Details

• Duration: 10 days
• Period: July 20, 2025 to July 30, 2025
• Affected Units: Induction Furnace, Continuous Casting Machine (CCM), and Rolling Mill

Purpose of the Shutdown

The planned shutdown is part of Hariom Pipe Industries' strategic efforts to:

1. Conduct preventive maintenance
2. Upgrade existing machinery
3. Enhance operational efficiency
4. Reduce downtime
5. Improve product quality

Company Statement

In a regulatory filing, Hariom Pipe Industries stated, "This planned shutdown is being undertaken for preventive maintenance and upgradation of existing machinery to enhance operational efficiency, reduce downtime, and deliver improved product quality. The initiative is part of the Company's continuous efforts to modernize its facilities and strengthen long-term performance."

Impact on Operations

The company has assured stakeholders that this scheduled maintenance activity will not have any material impact on its overall operations. This proactive approach demonstrates Hariom Pipe Industries' commitment to maintaining high standards of production and staying competitive in the market.

Looking Ahead

By investing in technological upgrades and regular maintenance, Hariom Pipe Industries aims to position itself for improved performance and product quality in the long term. The company's focus on modernizing its facilities could potentially lead to increased productivity and operational excellence in the future.

Investors and stakeholders will be keen to observe the outcomes of this maintenance shutdown and its impact on the company's performance in the coming quarters.