Indian Hume Pipe Co , a leading player in the construction sector, has reported a stellar performance for the second quarter. The company's financial results showcase significant growth across key metrics, indicating improved operational efficiency and profitability.

Financial Highlights

The company's revenue from operations saw a modest increase of 2.93% year-over-year, reaching ₹3,648.00 crore in Q2 FY2025-26. However, the most impressive aspect of the results was the substantial growth in profitability. Net profit surged by 161.00%, climbing from ₹133.00 crore in the same quarter last year to ₹347.00 crore this quarter.

Improved Operational Efficiency

Indian Hume Pipe Co demonstrated remarkable improvement in its operational efficiency. The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) grew by 48.28% year-over-year, reaching ₹516.00 crore. This growth outpaced the revenue increase, indicating better cost management and operational streamlining.

The EBITDA margin expanded significantly from 9.82% in Q2 FY2024-25 to 14.13% in the current quarter, representing an improvement of 431 basis points. This expansion in margin suggests that the company has been successful in optimizing its operations and controlling costs effectively.

Segment Performance

According to the segmental information provided in the LODR data, Indian Hume Pipe Co operates primarily in the Construction segment. For the quarter ended September 30, 2025, the Construction segment reported revenue of ₹3,647.84 crore and a segment profit before tax and finance costs of ₹581.75 crore.

Balance Sheet Position

As of September 30, 2025, the company's balance sheet reflects a strong financial position:

The company maintains a healthy balance between equity and liabilities, indicating a stable financial structure.

Indian Hume Pipe Co's robust performance in Q2 FY2025-26 demonstrates its resilience and ability to enhance profitability. The substantial growth in net profit and EBITDA, coupled with margin expansion, positions the company well for the future.

Indian Hume Pipe Co , a leading player in the construction and infrastructure sector, has reported a decline in its financial performance for the first quarter. The company's results were impacted by early monsoons and project closures in several states.

Revenue Decline

The company's total income for Q1 stood at ₹319.30 crore, down from ₹365.61 crore in the corresponding quarter of the previous year. This represents a decrease of ₹46.31 crore or approximately 12.7% year-over-year.

Profit Margins Under Pressure

Indian Hume Pipe Co's profitability also took a hit during the quarter:

The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased by about 23.5%, while net profit declined by approximately 29.7% compared to the same quarter last year.

Factors Affecting Performance

The company attributed the lower financial results to several factors:

1. Early Monsoon Impact: The early onset of monsoons across the country affected construction activities and project execution.
2. Project Closures: Several projects in various states were nearing completion, leading to reduced revenue recognition.
3. Absence of One-time Gains: The previous year's Q1 results included a one-time revenue of ₹31.37 crore from land development activities, which was not present in the current quarter.

Positive Developments

Despite the overall decline, Indian Hume Pipe Co reported some positive developments:

1. Increased Product Sales: The company saw an increase of ₹19.83 crore in the sale of products, primarily due to enhanced production capacity at its factories in Maharashtra to meet robust market demand for concrete pressure pipes.
2. Higher Other Income: Other income increased by ₹10.40 crore, mainly due to treasury activities carried out on surplus liquidity realized from the sale of land in Bengaluru.

Order Book Status

As of July 31, Indian Hume Pipe Co's order book stood at ₹3,944.87 crore, showing growth from ₹3,454.46 crore on July 31 of the previous year. The company is also the lowest bidder (L1) for a project valued at ₹625.94 crore.

Real Estate Segment Progress

The company provided updates on its real estate projects:

1. Dosti Greenscapes, Pune: A joint development project with Dosti Realty Ltd., has seen 537 units booked with an agreement value of ₹415.86 crore as of August 8.
2. Kalpataru Blossoms, Pune: Another joint development project with Kalpataru Ltd., has 105 units booked with an agreement value of ₹197.16 crore as of August 8.

While Indian Hume Pipe Co faced challenges in the first quarter, the company's growing order book and progress in real estate projects indicate potential for improved performance in the coming quarters. However, the company's ability to execute projects efficiently and navigate seasonal challenges will be crucial for its financial recovery.