Hariom Pipe Industries Ltd

Siyaram Silk Mills Ltd, MSP Steel & Power Ltd, Shiva Cement Ltd and Shiva Texyarn Ltd are among the other gainers in the BSE's 'B' group today, 08 July 2025.Hariom Pipe Industries Ltd soared 13.74% to Rs 486.85 at 12:01 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 3.88 lakh shares were traded on the counter so far as against the average daily volumes of 20083 shares in the past one month. Siyaram Silk Mills Ltd surged 10.09% to Rs 770. The stock was the second biggest gainer in 'B' group. On the BSE, 1.41 lakh shares were traded on the counter so far as against the average daily volumes of 5258 shares in the past one month. MSP Steel & Power Ltd spiked 7.88% to Rs 29.58. The stock was the third biggest gainer in 'B' group. On the BSE, 1.15 lakh shares were traded on the counter so far as against the average daily volumes of 50237 shares in the past one month. Shiva Cement Ltd spurt 7.54% to Rs 41.35. The stock was the fourth biggest gainer in 'B' group. On the BSE, 10.59 lakh shares were traded on the counter so far as against the average daily volumes of 2.65 lakh shares in the past one month. Shiva Texyarn Ltd jumped 6.92% to Rs 217. The stock was the fifth biggest gainer in 'B' group. On the BSE, 160 shares were traded on the counter so far as against the average daily volumes of 655 shares in the past one month. Powered by Capital Market - Live

Hariom Pipe Industries announced that the Board of Directors of the Company at its meeting held on 9 May 2025, inter alia, have recommended the final dividend of Rs 0.61 per equity Share (i.e. 6.1%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Hariom Pipe Industries rose 2.80% to Rs 17.24 crore in the quarter ended March 2025 as against Rs 16.77 crore during the previous quarter ended March 2024. Sales rose 20.78% to Rs 399.70 crore in the quarter ended March 2025 as against Rs 330.92 crore during the previous quarter ended March 2024. For the full year,net profit rose 8.68% to Rs 61.73 crore in the year ended March 2025 as against Rs 56.80 crore during the previous year ended March 2024. Sales rose 17.68% to Rs 1357.05 crore in the year ended March 2025 as against Rs 1153.19 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales399.70330.92 21 1357.051153.19 18 OPM %12.2212.70 -12.9312.02 - PBDT37.0733.25 11 133.41111.23 20 PBT23.4523.59 -1 83.1077.36 7 NP17.2416.77 3 61.7356.80 9 Powered by Capital Market - Live

Net profit of Hariom Pipe Industries rose 2.80% to Rs 17.24 crore in the quarter ended March 2025 as against Rs 16.77 crore during the previous quarter ended March 2024. Sales rose 20.78% to Rs 399.70 crore in the quarter ended March 2025 as against Rs 330.92 crore during the previous quarter ended March 2024. For the full year,net profit rose 8.68% to Rs 61.73 crore in the year ended March 2025 as against Rs 56.80 crore during the previous year ended March 2024. Sales rose 17.68% to Rs 1357.05 crore in the year ended March 2025 as against Rs 1153.19 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales399.70330.92 21 1357.051153.19 18 OPM %12.2212.70 -12.9312.02 - PBDT37.0633.25 11 133.42111.23 20 PBT23.4523.59 -1 83.1177.36 7 NP17.2416.77 3 61.7356.80 9 Powered by Capital Market - Live

Hariom Pipe Industries will hold a meeting of the Board of Directors of the Company on 9 May 2025.Powered by Capital Market - Live

Total sales volume for Q4 FY25 stood at 74,213 MT, which is growth of 23% on year-on-year (YoY) basis. VAP contributed 97% of the total sales volume, up from 81% in Q4 FY24, demonstrating the strong demand for premium products,' the company said. For FY25, the company's total sales volume stood at 2,45,467 MT, which is an increase of 23% as compared to the figure of 1,99,015 MT recorded in FY24. VAP's share of total sales volume rose to 96% in FY25, up from 88% in the previous year, highlighting the shift towards more specialized, high-margin products. Rupesh Kumar Gupta, managing director, said: We are pleased to report a robust performance in Q4 and FY25, with significant growth in both volume and the proportion of value-added products in our overall sales mix. The shift toward high-value, specialized products reflects our long-term strategy of diversifying our portfolio and enhancing customer value. This continued focus on VAP not only drives higher margins but also strengthens our competitive edge in the market. Our strong presence in South and West India, combined with our operational efficiency and customer-centric approach, positions us well for continued success.' Hariom Pipe Industries is a premium manufacturer of iron and steel products, catering to diverse industrial needs across multiple sectors. The company reported consolidated net profit of Rs 11.23 crore in Q3 FY25, up 14.48%, compared with Rs 9.81 crore in Q3 FY24. Revenue from operations advanced 7.1% YoY to Rs 299.88 crore in Q3 FY25. Powered by Capital Market - Live

Hariom Pipe Industries announced that CRISIL has reaffirmed its credit rating at CRISIL A-/Stable (long term) and CRISIL A2+ (short term) for the bank facilities availed by the company. Powered by Capital Market - Live

The Ministry of Corporate Affairs, Government of India, issued the Certificate of Incorporation on the same day. The incorporation of the proposed wholly owned subsidiary aligns with the company's strategic objective of expanding its business. The initial share capital at the time of incorporation is set to be issued at face value, with an authorized share capital of Rs 10,00,000. HPIL holds 100% of the share capital in HPEPL, with the entire subscription being made in cash. While HPEPL is a wholly owned subsidiary of HPIL, it is also classified as a related party. The company clarified that HPEPL has not yet commenced its business operations. Hariom Pipe Industries is a premium manufacturer of iron and steel products, catering to diverse industrial needs across multiple sectors. The company reported consolidated net profit of Rs 11.23 crore in Q3 FY25, up 14.48%, compared with Rs 9.81 crore in Q3 FY24. Revenue from operations advanced 7.1% YoY to Rs 299.88 crore in Q3 FY25. Powered by Capital Market - Live

The new entity will be named, Hariom Renewable or any other name as may be approved by Ministry of Corporate Affairs. The incorporation of proposed wholly owned subsidiary (WOS) will take approximately 10 to 20 days, subject to requisite approvals. The incorporation of the proposed wholly owned subsidiary aligns with the company's strategic goal of expanding its existing business. Meanwhile, the company's board also approved a modification to the procedure for acquiring Ultra Pipes' operating assets, opting for 40-year lease agreement instead of an outright purchase. This change optimizes cost efficiency, ensures regulatory compliance, and enhances profitability while maintaining long-term operational stability. Hariom Pipe Industries is a premium manufacturer of iron and steel products, catering to diverse industrial needs across multiple sectors. The company reported consolidated net profit of Rs 11.23 crore in Q3 FY25, up 14.48%, compared with Rs 9.81 crore in Q3 FY24. Revenue from operations advanced 7.1% YoY to Rs 299.88 crore in Q3 FY25.Powered by Capital Market - Live

The project scope includes ownership, financing, development, design, engineering, procurement, construction, commissioning, operation, and maintenance, along with the evacuation infrastructure up to the delivery point. Maharashtra State Electricity Distribution Company Limited (MSEDCL) will purchase the power generated from the project for 25 years, starting from the scheduled commercial operation date. Hariom Pipe Industries is a premium manufacturer of iron and steel products, catering to diverse industrial needs across multiple sectors. The company reported consolidated net profit of Rs 11.23 crore in Q3 FY25, up 14.48%, compared with Rs 9.81 crore in Q3 FY24. Revenue from operations advanced 7.1% YoY to Rs 299.88 crore in Q3 FY25.Powered by Capital Market - Live