Hariom Pipe Industries Reports 23 Per Cent Revenue Growth In FY26

26 May 2026 CW Team

EBITDA for the year increased to Rs2,094.2 mn, up 19 per cent year on year, while EBITDA margin was 12.56 per cent. Profit before tax improved to Rs1,038.6 mn and profit after tax rose to Rs758.3 mn, up 25 per cent and 23 per cent respectively. Blended EBITDA per metric tonne (t) improved and inventory and receivable days reduced, indicating better operating efficiency and working capital management.

For the quarter ended March 31, 2026, revenue from operations was Rs5,072.7 mn, up 27 per cent year on year, and quarterly EBITDA was Rs638.7 mn with a margin of 12.59 per cent. Quarterly profit after tax increased to Rs301.8 mn, up 75 per cent from Rs172.4 mn in the same quarter a year earlier. The Company attributed gains to improved throughput across key manufacturing units and higher share of value?added offerings.

Value?added products accounted for about 98 per cent of revenue in FY26, reflecting the Company’s positioning in diversified product categories. Inventory days fell from 128 days to 99 days and receivable days decreased from 54 days to 41 days, while current borrowings and trade payables also declined. These trends strengthened the balance sheet and improved net debt metrics.

The Company reported net debt to EBITDA of 1.65x and a debt to equity ratio of 0.54x at year end. Hariom Power & Energy Private Limited is executing a 60 megawatt (MW) AC solar project, with 38 MW tied up and land acquired across eight locations covering approximately 123 acres. Metal Mart Private Limited was incorporated in January and remains at the initial set up stage.

Hariom Pipe Industries Limited (the Company) reported audited results for the year ended March 31, 2026, delivering revenue growth of 23 per cent and improved profitability. Revenue from operations rose to Rs16,669.5 million (mn) in FY26, supported by higher volumes and sustained contribution from value?added products. Operating cash flow strengthened to Rs1,920.8 mn, representing about 92 per cent conversion of EBITDA to cash. The managing director noted that the year reflected steady growth and improved financial discipline. EBITDA for the year increased to Rs2,094.2 mn, up 19 per cent year on year, while EBITDA margin was 12.56 per cent. Profit before tax improved to Rs1,038.6 mn and profit after tax rose to Rs758.3 mn, up 25 per cent and 23 per cent respectively. Blended EBITDA per metric tonne (t) improved and inventory and receivable days reduced, indicating better operating efficiency and working capital management. For the quarter ended March 31, 2026, revenue from operations was Rs5,072.7 mn, up 27 per cent year on year, and quarterly EBITDA was Rs638.7 mn with a margin of 12.59 per cent. Quarterly profit after tax increased to Rs301.8 mn, up 75 per cent from Rs172.4 mn in the same quarter a year earlier. The Company attributed gains to improved throughput across key manufacturing units and higher share of value?added offerings. Value?added products accounted for about 98 per cent of revenue in FY26, reflecting the Company’s positioning in diversified product categories. Inventory days fell from 128 days to 99 days and receivable days decreased from 54 days to 41 days, while current borrowings and trade payables also declined. These trends strengthened the balance sheet and improved net debt metrics. The Company reported net debt to EBITDA of 1.65x and a debt to equity ratio of 0.54x at year end. Hariom Power & Energy Private Limited is executing a 60 megawatt (MW) AC solar project, with 38 MW tied up and land acquired across eight locations covering approximately 123 acres. Metal Mart Private Limited was incorporated in January and remains at the initial set up stage.

Building Material

26 May 2026

Dalmia Cement to Acquire 5.2 MnTPA Capacity

Dalmia Cement (Bharat), a wholly owned subsidiary of Dalmia Bharat, has executed a Business Transfer Agreement with Jaiprakash Associates and Adani Infra (India) to acquire cement assets with 5.2 MnTPA capacity in the Central region.The acquisition covers cement plants located at Rewa in Madhya Pradesh, and Churk, Chunar and Sadwa in Uttar Pradesh. The assets include 5.2 MnTPA cement capacity, 3.3 MnTPA clinker capacity, 99 MW thermal power capacity, railway sidings at Rewa and Chunar, and a common railway siding at Churk. The enterprise value of the transaction is Rs 28.5 billion.Following co..

Infrastructure Urban

26 May 2026

Rampura Agucha Becomes Zinc Mark Certified Mine

Hindustan Zinc’s Rampura Agucha Mine has become India’s first Zinc Mark certified mine, marking a major milestone in responsible zinc production. The mine is the world’s largest underground zinc-lead mine and is operated by Hindustan Zinc, the world’s largest integrated zinc producer.Zinc Mark is a globally recognised assurance framework that validates responsible zinc production against international Environmental, Social and Governance standards, responsible sourcing practices and value chain transparency. The certification strengthens Hindustan Zinc’s ability to offer responsibly ..

Infrastructure Urban

26 May 2026

Headsup B2B Targets Rs 4 bn Revenue This Fiscal

Headsup B2B, a pan-India procurement and supply chain platform serving the infrastructure, industrial and renewable energy sectors, is targeting Rs 4 billion in revenue for the current fiscal year. The company executed over 2,200 transactions worth Rs 2.5 billion in the previous financial year.Allied infrastructure services contributed nearly 80 per cent of revenue during the period, while renewable energy, industrial automation and road safety solutions emerged as the fastest-growing categories. The company is now expanding its role beyond procurement to support installation, deployment and p..