Indian Hume Pipe Company Limited , a prominent player in the construction sector, has reported a significant downturn in its financial performance for the second quarter of the fiscal year 2025-26. The company's latest financial results, approved by the Board of Directors on November 10, 2025, reveal a stark contrast to its performance in the same period last year.

Key Financial Highlights

Indian Hume Pipe reported a total income from operations of ₹376.33 crore for the quarter ended September 30, 2025, showing a modest increase of 5.54% compared to ₹356.57 crore in the corresponding quarter of the previous year.

However, the bottom line paints a grim picture. The company reported a net loss of ₹46.02 crore for Q2 FY2026, a sharp decline from the profit of ₹17.62 crore recorded in the same quarter last year. This represents a significant downturn of 361.18% in profitability.

Half-Yearly Performance

For the half-year period ended September 30, 2025, the company's financial struggles continued:

• Total income from operations stood at ₹695.63 crore
• Net loss for the half-year amounted to ₹75.09 crore

Segment-wise Performance

Indian Hume Pipe operates in two segments: Construction and Real Estate. The Construction segment generated revenue of ₹672.21 crore for the half-year ended September 30, 2025. The Real Estate segment did not report any revenue during this period.

Balance Sheet and Cash Flow

As of September 30, 2025, the company's balance sheet shows:

• Total assets of ₹2,749.86 crore
• Total liabilities of ₹1,349.58 crore
• Total equity of ₹1,400.27 crore

The cash flow statement indicates a net decrease in cash and cash equivalents of ₹32.14 crore for the half-year period.

Order Book

As of October 31, 2025, Indian Hume Pipe's order book stands at ₹3,922.66 crore, compared to ₹4,167.50 crore on November 7, 2024. Additionally, the company is L1 (lowest bidder) in a project valued at ₹625.94 crore.

Outlook

The construction industry faces headwinds, as evidenced by Indian Hume Pipe's financial performance. The company's ability to execute its order book efficiently and manage costs will be crucial for its recovery in the coming quarters.

Investors and stakeholders will be closely monitoring the company's strategies to return to profitability and capitalize on its substantial order book in the face of current challenges.

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.