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Latest news about Hariom Pipe Industries

Hariom Pipe Industries Reports Credit Rating Revision by CRISIL to Watch Developing Status 9 days ago

Hariom Pipe Industries Limited has reported a credit rating revision by CRISIL Ratings Limited, with both long-term and short-term banking facility ratings moved to 'Watch Developing' status. The long-term fund-based facilities rating changed from CRISIL A-/Stable to CRISIL A-/Watch Developing, while short-term non-fund based facilities were revised from CRISIL A2+ to CRISIL A2+/Watch Developing. The company fulfilled its regulatory obligations by notifying stock exchanges on April 15, 2026, as required under SEBI Listing Regulations.

Hariom Pipe Industries Submits Postal Ballot Results to Stock Exchanges Apr 09, 2026

Hariom Pipe Industries Submits Q4FY26 SEBI Compliance Certificate Apr 07, 2026

Hariom Pipe Industries Faces Temporary Closure At Perundurai Unit Over TNPCB Directions Apr 06, 2026

Hariom Pipe Industries Showcases Growth Strategy at Kaptify Korporate Konnect Event Mar 18, 2026

More news about Hariom Pipe Industries

07Mar 26

Hariom Pipe Industries Issues Postal Ballot Notice for Director Re-appointment and RPTs

Hariom Pipe Industries has issued a postal ballot notice dated March 02, 2026, seeking shareholder approval for three key resolutions: re-appointment of Mr. Rajender Reddy Gankidi as Independent Director for five years, and material related party transactions worth ₹270 crore with HPEPL for solar power project and ₹330 crore with MMPL for operational efficiency. The remote e-voting process will be conducted from March 09 to April 07, 2026, with results announced by April 09, 2026.

27Feb 26

Hariom Pipe Industries to Participate in Arihant Bharat Connect Conference: Rising Stars 2026

Hariom Pipe Industries Limited will participate in the Arihant Bharat Connect Conference: Rising Stars 2026 on March 11, 2026, between 2:00 PM to 3:00 PM in a virtual group meeting format. The company disclosed this information under SEBI Regulation 30 on February 27, 2026, clarifying that no Unpublished Price Sensitive Information will be discussed during the investor-analyst meet. The announcement maintains regulatory compliance and transparency with stakeholders.

09Feb 26

Hariom Pipe Industries Releases Q3FY26 Results and Conference Call Recording

Hariom Pipe Industries has released its Q3FY26 financial results and investor presentation, demonstrating strong performance with 21% revenue growth and strategic advances in renewable energy solutions. The company has also made available the audio recording of its February 9, 2026 investor conference call on its website, maintaining transparency in investor communications.

23Jan 26

Hariom Pipe Industries Incorporates Metal Mart Private Limited as Subsidiary Company

Hariom Pipe Industries Limited incorporated Metal Mart Private Limited as a subsidiary company on January 22, 2026, with 70% shareholding through cash consideration at par value. The subsidiary, established with ₹10.00 lakh authorized share capital, will operate in metal and steel trading to support the parent company's business expansion strategy. The newly incorporated entity is yet to commence operations and represents a strategic diversification into the broader metal and steel industry ecosystem.

20Jan 26

Hariom Pipe Industries Announces Resignation of Senior Management Personnel

Hariom Pipe Industries Limited announced the resignation of Mr. K. Ramesh, General Manager Sales & Marketing for Tamil Nadu Division, effective January 20, 2026. The departure was attributed to personal reasons and was properly disclosed to stock exchanges under SEBI LODR Regulations. The company fulfilled all regulatory compliance requirements through proper documentation and filing procedures.

07Jan 26

Hariom Pipe Industries Board Approves Metal Mart Subsidiary Formation

Hariom Pipe Industries Limited's board of directors approved the incorporation of Metal Mart Private Limited subsidiary during their January 07, 2026 meeting. The new entity will focus on trading metal and steel allied products, with Hariom acquiring a 70% controlling stake through share capital subscription at face value. The incorporation process is expected to complete within 10-20 days subject to Ministry of Corporate Affairs approval and other regulatory compliance requirements.

30Dec 25

Hariom Pipe Industries Appoints Ramavtar Sharma as Vice President - Sales and Marketing

Hariom Pipe Industries Limited has appointed Mr. Ramavtar Sharma as Vice President - Sales and Marketing effective January 01, 2026, following Board approval on December 30, 2025. Mr. Sharma brings over 30 years of experience including 25 years in the steel industry, with expertise in business development, sales & marketing, OEM sales, and distribution network development. He holds an MBA in Marketing from MS University and will serve as part of the company's Senior Management Personnel in a full-time capacity.

12Dec 25

Hariom Pipe Industries Senior Management Personnel Resigns Due to Health Concerns

Hariom Pipe Industries announced the resignation of Mr. Deepak Kumar, CGM Operations for Hyderabad Division and Senior Management Personnel, effective December 11, 2025, due to unavoidable health concerns. The company has accepted his resignation and relieved him from duties on December 12, 2025, fulfilling all SEBI regulatory disclosure requirements under Regulation 30 of listing obligations.

10Dec 25

Hariom Pipe Industries Appoints Sanjay Bhansali as Chief Operations Officer

Hariom Pipe Industries Limited has appointed Mr. Sanjay Madanlalji Bhansali as Chief Operations Officer effective December 12, 2025. The Board of Directors approved the appointment based on the Nomination and Remuneration Committee's recommendation. Mr. Bhansali brings over 35 years of steel industry experience, having previously served as CTO at Captain Steel India Ltd. and Executive Vice President at Jindal Steel & Power Ltd.

18Nov 25

Hariom Pipe Industries Reports 21% Revenue Growth in H1 FY26, Signs MOU for Maharashtra Steel Plant

Hariom Pipe Industries reported 21% year-on-year growth in both sales volume and revenue for H1 FY26. The company maintained a 12.6% EBITDA margin despite softer pricing. A strategic MOU with Maharashtra government was signed for a 1.5 million tonne per annum integrated steel plant in Gadchiroli, valued at INR 3,135 crore. The company expects 30% CAGR in volume growth for the next two years and aims to improve margins by focusing on B2B and OEM segments.

01Oct 25

Hariom Pipe Industries Reports 7% Growth in Q2 Sales Volume, 21% Increase in H1FY26

Hariom Pipe Industries achieved significant growth in Q2 and H1 FY26. Q2 sales volume reached 60,150 metric tons, a 7% YoY increase. H1 sales totaled 138,371 metric tons, up 21% YoY. Value-added products continued to dominate, accounting for 97% of total sales. The company maintains a positive outlook for H2 FY26, citing steady infrastructure spending, housing sector revival, and rural market traction.

19Sept 25

Hariom Pipe Industries to Invest Rs 3,135 Crore in Maharashtra Steel Plant

Hariom Pipe Industries Limited (HPIL) signed an MOU with the Maharashtra government to establish an Integrated Steel Plant in Gadchiroli. The company plans to invest up to Rs 3,135.00 crore. The state government will facilitate necessary approvals and assist in accessing fiscal incentives. HPIL confirmed this is not a related party transaction. The company also announced participation in an upcoming Arihant Capital Virtual Conference.

25Aug 25

Hariom Pipe Industries Unveils Ambitious Growth Strategy at Nuvama Conference

Hariom Pipe Industries presented its growth strategy at the Nuvama Home Improvement Conference. The company operates with a total installed capacity of 785,232 MTPA across five manufacturing units in Southern India, producing over 800 SKUs of steel products. It achieved record sales of 2.45 lakh MT with revenue of ₹1,357.00 crore. The company targets a 30% volume CAGR over the next two years through capacity expansion, market penetration, and dealer network strengthening. Hariom Pipe Industries also announced its entry into the renewable energy sector with a 60 MW solar power plant project and the incorporation of a new subsidiary, Hariom Power and Energy Pvt. Ltd.

14Aug 25

Hariom Pipe Industries Reports 35% Volume Growth in Q1, Expands into Solar Power

Hariom Pipe Industries achieved 35% YoY sales volume growth, reaching 78,221 metric tons. Revenue surged 34% to ₹460.96 crore. EBITDA stood at ₹57.58 crore with a 12.49% margin. PAT increased 35% YoY to ₹23.61 crore. The company began trial production of solar structure products and secured initial orders. Its subsidiary signed a 25-year PPA to supply 60 MW solar power. Management confirmed 30% annual volume growth guidance.

08Aug 25

Hariom Pipe Industries Reports Robust Q1 Growth with 35% Surge in Revenue and Profit

Hariom Pipe Industries announced strong Q1 FY2025-26 results with revenue increasing 35% to ₹4,600.64 crore and net profit rising 35% to ₹236.14 crore. EBITDA improved to ₹576.00 crore, though the margin slightly declined to 12.49%. The company leased assets from Ultra Pipes for 99 years and made key board decisions including appointing a new Executive Director and increasing the borrowing limit to ₹2,000 crore, subject to shareholder approval. The management expressed satisfaction with the company's performance and strategic initiatives.

17Jul 25

Hariom Pipe Industries Announces 10-Day Maintenance Shutdown for Technological Upgrades

Hariom Pipe Industries will temporarily shut down its Unit I plant in Mahabubnagar, Telangana, from July 20 to July 30, 2025, for maintenance and technological upgrades. The shutdown affects the Induction Furnace, Continuous Casting Machine, and Rolling Mill. The company aims to enhance operational efficiency, reduce downtime, and improve product quality through this initiative. Hariom Pipe Industries assures that this scheduled maintenance will not materially impact overall operations.

04Jul 25

Hariom Pipe Industries Reports 35% Surge in Q1 Sales Volume

Hariom Pipe Industries, a key player in the pipe manufacturing sector, has announced a 35% year-over-year increase in total sales volume for the first quarter. This significant growth compared to the same period last year indicates a positive trend for the company, potentially reflecting increased demand for their products or successful market expansion. The strong performance could also suggest healthy demand in the construction and infrastructure sectors, which are primary consumers of pipe products.

10May 25

Hariom Pipe Industries Sets Ambitious 30% Volume Growth Target for Next Two Years

Hariom Pipe Industries has announced an ambitious growth strategy, aiming for a 30% Compound Annual Growth Rate (CAGR) in volume over the next two years. This aggressive target suggests potential expansion plans, increased market share, and improved operational efficiency. The company's bold projection reflects confidence in the pipe manufacturing sector's growth, driven by infrastructure development and government initiatives in India.

09May 25

Hariom Pipes Reports Strong Q4 FY2023 Results with Revenue and EBITDA Growth

Hariom Pipes Industries Ltd. (HPIL) announced Q4 FY2023 results with revenue increasing 21.21% YoY to ₹4000.00 million. EBITDA rose 16.19% to ₹488.00 million, though margin slightly decreased to 12.20%. Net profit grew 2.38% YoY to ₹172.00 million, with a significant 53.57% QoQ increase. Despite margin pressures, the company demonstrated robust growth and operational efficiency.

03Apr 25

Hariom Pipe Industries Reports 46% YoY Growth in Q4 FY25 Value-Added Products Sales

Hariom Pipe Industries Limited announced a 46% year-over-year increase in value-added products (VAP) sales for Q4 FY25, reaching 72,149 metric tons. VAP sales contributed 97% of total sales volume, up from 81% in Q4 FY24. For the full fiscal year 2025, VAP sales grew by 35% to 235,812 MT, with total sales volume increasing by 23% to 245,467 MT. The company's focus on product differentiation and market expansion has driven this growth, with VAP share in total sales rising to 96% in FY25.

02Apr 25

Hariom Pipe Industries Achieves 46% YoY Growth in Q4 FY25 Value-Added Products Sales

Hariom Pipe Industries Limited announced significant growth in Q4 FY25, with Value-Added Products (VAP) sales reaching 72,149 MT, a 46% year-on-year increase. Total sales volume for Q4 FY25 grew 23% to 74,213 MT. VAP contributed 97% of total sales, up from 81% in Q4 FY24. For FY25, VAP sales increased 35% to 235,812 MT, with total sales volume up 23% to 245,467 MT. VAP share in total sales rose to 96% for FY25, reflecting the company's successful focus on high-margin products.

07Mar 25

Hariom Pipe Industries Opts for Long-Term Lease Over Asset Acquisition

Hariom Pipe Industries has executed a 40-year lease agreement for Ultra Pipes' operating assets, replacing the initial plan of direct acquisition. The company cites cost efficiency, regulatory compliance, and enhanced profitability as key drivers. Additionally, Hariom Pipe is expanding into renewable energy by altering its object clause and plans to incorporate a new wholly owned subsidiary, Hariom Renewable Private Limited, focusing on solar projects. The company will seek shareholder approval for these changes through a postal ballot.

04Mar 25

Hariom Pipe Industries Secures 60 MW Solar Power Project in Maharashtra

Hariom Pipe Industries Limited (HPIL) has won a 60 MW (AC) solar power project under Maharashtra's 'Mukhyamantri Saur Krushi Vahini Yojana 2.0' scheme. The project, awarded by MSEDCL, includes a 25-year PPA with a fixed tariff of Rs. 2.96/kWh and additional incentives. HPIL will handle all aspects from development to maintenance, with an 18-month execution timeline. This marks HPIL's strategic expansion into the renewable energy sector.

04Mar 25

Hariom Pipe Industries Expands into Renewable Energy with 60 MW Solar Project

Hariom Pipe Industries Limited (HPIL) has been awarded a 60 MW (AC) solar power project under Maharashtra's 'Mukhyamantri Saur Krushi Vahini Yojana 2.0' scheme. The project, awarded by MSEDCL, has a PPA tariff of Rs. 2.96/kWh for 25 years, with a subsidy of Rs. 1.05 Crore/MW and additional incentives. HPIL will be responsible for the entire project lifecycle, from development to operation and maintenance, with an 18-month execution timeframe.