Hariom Pipe Industries Ltd

The investor presentation for Hariom Pipe Industries Limited (HARIOMPIPE) for Q2 and H1FY27 highlights strong financial performance, with revenue increasing 23.4% year-on-year to ₹983.42 crore and EBITDA growing 17.2% to ₹117.58 crore. Profit after tax rose 34.8% to ₹45.89 crore. Value-added products contributed 98% of H1 revenue, supported by improved sales realisations and higher volumes. The resumption of Perundurai operations in July boosted Q2 sales volumes by 31.8% and improved EBITDA margins to 12.21%. Net worth increased 16.6% to ₹705.41 crore, and the working-capital cycle shortened to 113 days. The company's renewable-energy business has expanded to 15 MW AC capacity, with a target of 52 MW by January 2027. Strategic initiatives include developing high-strength pre-galvanized tubular sections for solar structures and expanding into the thin steel segment, where Hariom holds an estimated 13% market share. The company emphasizes vertical integration, cost efficiency, and sustainability, with initiatives like solar-powered manufacturing and recycled steel usage. The presentation also outlines a strong dealer network, extensive product range, and a focus on high-margin products.

The presentation emphasizes strong financial growth, operational improvements, and strategic advancements in renewable energy and product innovation.