Hariom Pipe's H1FY26 performance showed strong growth, with sales volumes up 21% YoY to 1,38,371 MT and revenue rising 21% to ₹796.8 Cr.
Value-added products also saw a 21% growth in both revenue and volume.
EBITDA increased 15% YoY to ₹100.3 Cr, driven by improved scale and cost controls.
Profit After Tax for the half-year was ₹34.0 Cr.
For Q2FY26, revenue was ₹335.9 Cr, up 7%, and sales volumes reached 60,150 MT.
The company's strategy focuses on its vertically integrated model, ensuring cost efficiency and superior margins through hot charging.
It is expanding its high-margin value-added product portfolio for diverse sectors like housing, automotive, and infrastructure.
Recent developments include launching high-strength, pre-galvanized tubular sections for solar structures and forging OEM partnerships in renewables.
Hariom also secured a Letter of Award for a 60 MW solar power plant and leased Ultra Pipes assets, adding significant capacity.
The management is targeting a robust 30% CAGR in volume growth from FY26 to FY27, capitalizing on its leadership in the thin steel segment and green initiatives to enhance sustainability.
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