Hariom Pipe Industries Limited (HARIOMPIPE) Earnings Call Transcripts

Hariom Pipe Industries Limited's Latest Earnings Call - Q4 FY2026

Hariom Pipe Industries Limited reported its Q4 and FY '26 earnings, showcasing a robust performance with significant growth in revenue and profitability. For FY '26, the company achieved a revenue of INR 1,667 crores, marking a 23% YoY increase, and a PAT of INR 76 crores, up by 23% YoY. Q4 revenue was INR 507 crores, up 27% YoY, and Q4 PAT was INR 30 crores, a 75% YoY increase. Management maintained its focus on profitable growth, reducing working capital intensity, and strengthening cash generation. The company provided guidance for a 30% volume growth in FY '27, contingent on market conditions.

Reported metrics

Guidance from management

Management maintained a 30% volume growth guidance for FY '27, contingent on market conditions, and aims to sustain current EBITDA per ton levels.

What management said

Last year guidance was 30% volume growth year-on-year basis, which we have given demand on the basis of that ground that capacity available, demand visibility and internal business plan at the third point of time. During the year, actual growth was lower mainly because we consciously focused on profitable and cash-generating growth rather than chasing volume and lower margins. FY '26, if you checked, it was also impa...

Yes, we have the capacity. We have the capacity. Still, whatever the existing capacity we are having, we can manage whatever we have actually turn 288,000 [indiscernible]. We can go around 30%. But that is also subject to the market condition as well as Hariom cannot compromise with the profitability and margin. And pushes sales, Hariom is not doing.

What analysts pressed on

Analysts questioned the impact of the Tamil Nadu plant closure on future volumes and the feasibility of achieving the 30% growth target. Concerns were also raised about the sustainability of EBITDA margins amid market volatility.

Main topics on the call

• Revenue and Profit Growth — FY '26 revenue grew by 23% YoY to INR 1,667 crores, with Q4 revenue increasing by 27% YoY. PAT for FY '26 was INR 76 crores, up 23% YoY, and Q4 PAT increased by 75% YoY to INR 30 crores.
• Operational Efficiency — The company improved its EBITDA per metric ton to INR 7,258 for the full year, with Q4 EBITDA margin at 12.59%. Management emphasized maintaining margin stability and improving cash flow, with a full-year EBITDA to OCF c...
• Capacity and Volume Guidance — Management reiterated its 30% volume growth guidance for FY '27, supported by existing capacity and market conditions. However, they emphasized a focus on profitability over volume.
• Solar Power Project — The 60-megawatt solar power project is progressing, with INR 9.56 crores invested so far. The project is expected to start generating revenue in phases, with 10 megawatts commencing production soon.

Read the full Hariom Pipe Industries Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 7 Hariom Pipe Industries Limited earnings call transcripts on record, spanning October 28, 2024 to May 23, 2026. Based on this history, Hariom Pipe Industries Limited reports quarterly. The most recent call on file is dated May 23, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

HARIOMPIPE

Exchange

NSEI

Country

IN

Sector

Materials

Industry

Metals and Mining

Calls on record

7

First call

October 28, 2024

Most recent

May 23, 2026

Reporting cadence

quarterly