Hariom Pipe Peer Comparison

NSE: HARIOMPIPE | BSE: 543517

₹344.55

₹-6.15 (-1.75%)

As on 25-Sep-2026IST

Market cap

₹1,067 Cr

Revenue (TTM)

₹1,635 Cr

P/E Ratio

15.5

P/B Ratio

1.6

Div. Yield

0.2 %

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	Hariom Pipe	Maharashtra Seamless	Man	Sambhv Steel Tubes	Venus Pipes
Market cap (₹ Cr)	1,067	9,580	7,663	4,682	4,477
Revenue (₹ Cr)	1,635	4,620	3,875	2,587	1,211
Net Profit (₹ Cr)	68.70	751.25	204.30	164.80	103.61
Net Margin (%)	4.17	14.96	5.26	6.34	8.48
RoE (%)	10.98	11.00	10.08	16.49	16.28
Price to Earnings	15.53	12.99	37.51	28.41	43.21
Price-To-Book	1.61	1.34	3.58	4.22	6.44

Income Statement (₹ Cr)

	Hariom Pipe	Maharashtra Seamless	Man	Sambhv Steel Tubes	Venus Pipes
Operating Revenue	1,357.05	5,268.66	3,505.35	1,511.36	958.53
Total Income	1,359.94	5,472.01	3,560.23	1,516.70	969.18
Total Expenditure	1,181.62	4,354.53	3,203.94	1,356.87	790.93
EBITDA	175.43	914.13	301.41	154.48	167.60
Depreciation	50.31	100.92	45.25	34.35	18.53
EBIT	125.12	813.21	256.17	120.13	149.07
Interest	44.91	2.76	102.69	47.29	34.36
Other Income	2.89	203.35	54.87	5.35	10.65
Exceptional Items	--	--	--	--	--
Profit before Tax	83.10	1,000.21	208.35	78.18	125.37
Provision for Tax	21.38	222.86	55.18	20.91	32.48
Profit after Tax	61.73	777.35	153.17	57.27	92.89

	Hariom Pipe	Maharashtra Seamless	Man	Sambhv Steel Tubes	Venus Pipes
Shareholder's Funds	572.67	6,339.94	1,607.26	495.34	531.48
Minority Interest	--	--	--	--	--
Non-Current Liabilities	105.35	422.01	188.99	364.75	42.15
Current Liabilities	518.85	271.31	1,982.89	553.35	443.14
Total Liabilities	1,196.87	7,033.26	3,779.15	1,413.44	1,016.77

	Hariom Pipe	Maharashtra Seamless	Man	Sambhv Steel Tubes	Venus Pipes
Non-Current Assets	444.21	2,598.42	1,028.57	880.52	395.75
Current Assets	752.67	4,434.84	2,750.57	532.92	621.02
Total Assets	1,196.87	7,033.26	3,779.15	1,413.44	1,016.77
Total Debt*	400.32	0.10	455.95	504.43	191.54
Net Current Assets	233.82	4,163.53	767.68	-20.43	177.88
Contingent Liabilities	10.64	767.59	167.72	5.78	19.11

	Hariom Pipe	Maharashtra Seamless	Man	Sambhv Steel Tubes	Venus Pipes
Cash From Operating Activities	78.53	609.62	73.09	126.19	68.66
Cash Flow from Investing Activities	-85.72	-486.01	-111.30	-233.16	-114.20
Cash from Financing Activities	31.32	-136.37	24.52	104.54	47.43
Net Cash Inflow / Outflow	24.13	-12.76	-13.69	-2.43	1.89

	Hariom Pipe	Maharashtra Seamless	Man	Sambhv Steel Tubes	Venus Pipes
ROCE (%)	14.16	16.63	16.47	12.55	24.99
ROE (%)	12.12	12.89	10.25	11.56	20.07
ROA (%)	5.94	11.42	4.95	4.05	10.39
EBIT Margin (%)	13.14	21.21	10.16	10.58	18.60
Net Margin (%)	4.54	14.21	4.30	3.78	9.58
Cash Profit Margin (%)	6.68	16.67	5.66	5.96	11.62

	Hariom Pipe	Maharashtra Seamless	Man	Sambhv Steel Tubes	Venus Pipes
Revenue Growth (%)	17.68	-2.51	11.56	0.00	19.49
EBIT Growth (%)	24.01	-18.05	21.51	37.29	19.24
Net Profit Growth (%)	8.67	-18.32	45.68	0.00	8.04
EPS Growth (%)	1.21	-18.27	45.68	0.00	7.32
Book Value Growth (%)	28.42	10.64	14.53	0.00	27.89

	Hariom Pipe	Maharashtra Seamless	Man	Sambhv Steel Tubes	Venus Pipes
Price / Earnings	16.70	11.76	11.27	0.00	26.63
Price / Book Value	1.80	1.44	1.08	0.00	4.76
Dividend Yield (%)	0.18	1.47	0.00	--	0.08
EV/EBITDA	7.74	8.14	5.06	4.56	14.88
Market Cap (₹ Cr)	1,030.81	9,143.23	1,725.69	0.00	2,473.86

	Hariom Pipe	Maharashtra Seamless	Man	Sambhv Steel Tubes	Venus Pipes
Debt to Equity	0.70	0.00	0.29	1.02	0.37
Short term debt to equity ratio	0.49	--	0.17	0.25	0.28
Current Ratio	1.45	16.35	1.39	0.96	1.40
Quick Ratio	0.63	11.40	0.75	0.50	0.63
Interest Coverage	2.85	363.39	3.03	2.65	4.65

	Hariom Pipe	Maharashtra Seamless	Man	Sambhv Steel Tubes	Venus Pipes
Debtors to sales (%)	14.92	12.40	25.56	9.74	20.03
Asset Turnover	1.62	0.77	1.13	1.09	1.07
Receivable days	35.30	40.59	65.13	34.93	70.28
Inventory Days	78.67	101.07	99.66	60.26	108.28
Payable days	37.62	24.48	127.86	111.34	118.06
Cash Conversion Cycle	76.34	117.18	36.93	-16.15	60.51

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.