HariOm Pipe Industries Ltd (NSE:HARIOMPIPE)

Q3 2026 Hariom Pipe Industries Ltd Earnings Call Transcript

Feb 9, 2026 / 08:30 AM GMT

Release Date Price: ₹386.55 (-6.64%)

Transcript

Key Points

Positve

HariOm Pipe Industries Ltd (BOM:543517) reported a 21% year-on-year growth in sales volume for the nine months ended December 2025, reaching approximately 2.07 lakh tons.
Revenue from operations increased by 21% year-on-year, amounting to 1,159.7 crores.
The company's EBITDA margin remained healthy at 12.55%, supported by a strong value-added product mix contributing 96-97% of total revenue.
The integrated steel plant in the Telangana facility has reached near-optimal utilization, indicating efficient operations.
The 60-megawatt solar project under HariOm Power and Energy is progressing smoothly, with significant land secured and operations expected to commence in phases by August 2026.

Negative

Fluctuations in steel prices and raw material costs, including coal and iron ore, have impacted the company's operations.
The imposition of anti-dumping duties on HR coils may affect the company's EBITDA per ton, as they previously imported cheaper HR coils.
The company's profit after tax showed only a modest increase, indicating pressure on net profitability despite revenue growth.
There is concern about potential oversupply in the ERW pipes or black pipes market due to rapid capacity expansions by industry players.
The company's renewable energy project is expected to be near break-even for the first few quarters, with depreciation impacting the bottom line.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

HARO.NS - Hariom Pipe Industries Ltd
Q3 2026 Hariom Pipe Industries Ltd Earnings Call
Feb 09, 2026 / 08:30AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, on behalf of Captify Consulting Investor Relations Team.

I welcome you all to the Q3 and 9 months 526 post earnings conference call of Harium Pipe Industries Limited.

Today on the call from the management team we have with us Mr. Rupesh Kumar Gupta, managing director, Mr. Ash Golas, full-time director, Mr. Amita Bhattacharya, Chief Financial Officer, and Ms. Rekha Singh, company secretary. As a disclaimer, I would like to inform you that this call may contain forward-looking statements which may involve risk and uncertainties. Also, a reminder that this call is being recorded.

I would now request the management to brief us about the business and performance highlights for

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