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Sector: Metals & Mining

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Small Cap

Hariom Pipe Share Price

Hariom Pipe Industries Ltd.

404.30

59.95(17.41%)

Invest in HARIOMPIPE with up to 2.22x margin.

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25th May 2026 | 9:53 AM
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Hariom Pipe Performance

Price Movement

₹404.30

₹376.00

₹413.20

Today's LowToday's High

1 Year Performance

₹404.30

₹268.05

₹572.20

52 Week Low52 Week High

Markets Today

High₹413.20
Low₹376.00
Open at₹392.00
Prev Close₹344.35
Volumes22.36 L
Avg Price₹397.08
Lower Circuit₹275.50
Upper Circuit₹413.20

Historical Performance

3M High₹379.50
3M Low₹268.05
1 Yr High₹572.20
1 Yr Low₹268.05
3 Yr High₹888.75
3 Yr Low₹268.05
5 Yr High₹888.75
5 Yr Low₹169.10

Hariom Pipe Fundamentals

Market Cap
Below industry Median
965.60 Cr.
PE Ratio (TTM)
Below industry Median
15.40
Dividend Yield
Low in industry
0.20
Net Profit TTM
62.85
Net Profit Growth
62.85
PEG Ratio
-
ROE
12% decr over last year
10.79
Operating Revenue TTM
1,559.39
Operating Revenue Growth
-
Book Value
Below industry Median
1.60
MFI
MFI is mid-range
46.20
RSI
RSI is mid-range
48.24
EPS (TTM)
20.25
Debt to Equity
0.70
Face Value
10
Operating Profit Margin Qtr.
12.90
Operating Profit Qtr.
45.24
Net Profit Qtr.
11.59
Operating Revenue Qtr.
362.85
PB Ratio
1.60

Hariom Pipe Financials

*All values are in Rs. Cr
Loading chart...
Indicator
Dec 2025
Sep 2025
Jun 2025
Mar 2025
Dec 2024
Total Revenue362.85335.87460.96399.70299.88
Operating Expense317.62293.15403.38350.85260.26
Operating Profit45.2442.7257.5848.8539.63
Depreciation17.6316.0614.3313.6112.54
Interest13.5213.2712.4312.2312.17
Tax3.973.888.606.214.16
Net Profit11.6110.4223.6117.2411.23

Hariom Pipe Technicals

Hariom Pipe Industries Ltd. EMA & SMA

404.30

91.55 (29.27%)

Bullish Moving Average

3

Bearish Moving Average

13

Day EMA5 ₹311.7
Day EMA10 ₹314.7
Day EMA12 ₹315.2
Day EMA20 ₹315.5
Day EMA26 ₹315.9
Day EMA50 ₹323.2
Day EMA100 ₹344.8
Day EMA200 ₹378.8

Hariom Pipe Support and Resistance

Resistance

First Resistance₹318.77
Second Resistance₹324.78
Third Resistance₹331.92

Support

First Support₹305.62
Second Support₹298.48
Third Support₹292.47

Technical Indicators

Day RSI48.24
Day MFI46.20
Day ADX19.10
Day Commodity Channel Index-69.60
William-63.14
Day MACD-0.70
Day MACD Signal Line0.95
Day ATR17.02
Day ROC125-15.87
Day ROC21-1.01

About Hariom Pipe Industries Share Price

Hariom Pipe Industries Limited, with its corporate operations in Hyderabad, functions as a manufacturer of iron and steel products in India . The company was incorporated in 2007. Hariom Pipe produces HR pipes, GI pipes, GP pipes, MS pipes, HR coils, and billets through its manufacturing facilities . The company serves sectors including construction, infrastructure, and industrial applications across domestic markets.

Hariom Pipe share price on NSE and BSE signifies how market participants react to the company’s operational performance and the overall developments in the steel and metal sector. The company’s financial health depends on raw material availability, production volumes, capacity utilization rates, and the performance of its pipe and coil segments. Hariom Pipe stock price is influenced by various factors such as earnings, infrastructure spending, regulatory changes in the steel industry, and global metal price trends. In the longer run, strategies such as capacity expansion, product portfolio diversification, and geographical expansion affect the stock market sentiments. All these factors need to be monitored closely to have an idea about the company’s stock price movements.

Hariom Pipe live share price provides real-time information about the last price traded, bid and ask prices, and volume traded. These indicators represent market activity and liquidity, reflecting investor response to corporate announcements, economic conditions, and sector news. Constant monitoring of the Hariom Pipe live price helps in observing short term price volatility and shows how a stock moves relative to the broader metal index. Furthermore, monitoring Hariom Pipe stock price movements helps investors understand real-time market sentiment, price fluctuations, and trading behaviour. It allows them to evaluate short-term performance, and respond to news, quarterly results, or sector trends that may influence the company’s valuation and overall investment outlook.

Hariom Pipe Industries Fundamentals

A. Company Background

Hariom Pipe Industries Limited is an Indian integrated steel products manufacturing company incorporated in 2007. It is headquartered in Hyderabad, Telangana, India. The company is engaged in the production of steel pipes, tubes, and related products, along with backward integration into sponge iron and steel billets. Its manufacturing model combines raw material processing with finished goods production, enabling operational integration across the steel value chain. The company primarily serves infrastructure, construction, agriculture, and industrial sectors in India. Its operations are focused on efficiency in steel processing and supply chain integration rather than diversification into unrelated sectors.

B. Company Product Lines

  • MS Pipes and Tubes: Mild steel pipes used in construction, irrigation, plumbing, and structural applications.
  • Galvanized Iron (GI) Pipes: Zinc-coated pipes used in water distribution, plumbing, and agricultural systems.
  • Steel Billets: Semi-finished steel products used for further processing within the steel industry.
  • Sponge Iron: Raw material used in steel manufacturing as part of backward integration.
  • Structural Steel Products: Products used in infrastructure and construction applications.

The company operates an integrated production system covering raw material processing and finished steel products, enabling internal consumption of intermediate inputs.

C. Company Revenue Model

  • Manufacturing Sales: Revenue from sale of MS pipes, GI pipes, and structural steel products to dealers and industrial customers.
  • Intermediate Product Sales: Revenue from sale of sponge iron and steel billets to external steel manufacturers.
  • Domestic Market Sales: Majority of revenue is generated from sales within India through a distributor-led network.
  • Integrated Operations Benefit: Internal production of sponge iron and billets supports cost efficiency and impacts overall profitability.

Revenue performance is influenced by steel price cycles, raw material costs, and demand from infrastructure-related sectors.

D. Geographic Presence

  • Corporate Headquarters: Hyderabad, Telangana, India.
  • Manufacturing Facilities: Plants located in Mahabubnagar (Telangana) and Anantapur (Andhra Pradesh).
  • Domestic Operations: Supply network covering multiple Indian states through distributors and institutional buyers.
  • Market Focus: Strong presence in South and Western India, with distribution extending to other regions based on demand.

The company’s operations are primarily India-focused, with logistics designed around regional demand clusters and manufacturing proximity.

E. Key Milestones

  • 2007: Incorporation of the company and commencement of operations.
  • 2010: Expansion into MS pipe manufacturing capacity.
  • 2010s: Development of backward integration through sponge iron and billet production.
  • 2022: Listing on NSE and BSE following Initial Public Offering (IPO).
  • Post-2022: Continued capacity expansion and strengthening of integrated manufacturing operations.

F. Industry Perspective

The steel pipes and tubes industry in India is driven by infrastructure development, irrigation projects, housing demand, and government-led initiatives in water supply and construction. Demand is closely linked to construction activity and public infrastructure spending cycles. Integrated manufacturers benefit from backward integration into raw materials such as sponge iron and billets, which can improve cost efficiency compared to non-integrated players. However, the industry remains exposed to volatility in iron ore, coal, and steel prices, which directly affect margins. Competitive intensity from large steel producers and regional manufacturers also influences pricing. Long-term demand growth is supported by infrastructure expansion in India, but profitability remains dependent on cost control and capacity utilization.

Hariom Pipe Industries Stock Market Presence – Listing and Index Representation

As a Hariom Pipe Industries listed company, the equity is available for trading on major Indian exchanges. The Hariom Pipe Industries NSE symbol is HARIOMPIPE, and the Hariom Pipe Industries BSE scrip code is 543517. Tracking the Hariom Pipe Industries share price on NSE and the Hariom Pipe Industries share price on BSE provides a view of the current market valuation.

Regarding index participation, the stock is part of various small-cap and thematic indices, which supports Hariom Pipe Industries’ liquidity. Is Hariom Pipe Industries part of the Nifty 50? No, it currently operates as a small-cap entity. The organization has demonstrated a significant CAGR growth over the 1y/3y/5y period following its listing, reflecting the market’s reception of its integrated business model.

Hariom Pipe Industries Limited Stock Market Presence: Listings & Index Representation

Hariom Pipe Industries Limited is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) . Hariom Pipe share price is available for trading on the NSE under the symbol HARIOMPIPE and on the BSE with the scrip code 543517 . The company’s market presence is primarily within the small-cap segment of the market, classified under BSE Group B . Due to its size and sector focus, Hariom Pipe stock price is generally tracked by investors interested in the steel pipe and metal industry.

Hariom Pipe Industries Limited is part of several broad-based and sector-specific stock market indices, reflecting its position as a small-cap metal company in India . While it is not included in benchmark indices like the Sensex or Nifty 50, it is a constituent of wider market indices such as the S&P BSE AllCap, S&P BSE Industrials, S&P BSE MidSmallCap, and S&P BSE SmallCap indices . Hariom Pipe share price finds representation in these indices based on its market standing. This presence helps investors track the stock relative to other steel pipe and metal companies.

Hariom Pipe Industries Limited Stock Performance and Share Price History

Hariom Pipe share price on NSE reflects its status as a steel pipe and coil manufacturer in India. Performance is driven by production capacity utilization, raw material cost management, domestic infrastructure demand, and the company’s ability to manage operational expenses. Investors compare Hariom Pipe share price today with other steel manufacturers and pipe producers to gauge relative performance .

These underlying factors are often visible through real market movements across different periods. Similar trends are observed during earnings-driven movements. Broader sector strength has also played a role in supporting Hariom Pipe share price. In addition to operational and sector-led factors, the company’s public issue in 2022 can also have a significant impact on Hariom Pipe share price movements short-term even when a company’s fundamentals remain strong . This shows how corporate actions can trigger short-term swings, even within a regulated manufacturing framework influenced by raw material prices and infrastructure spending cycles.

While short-term movements reflect events and announcements, longer-term valuation trends are visible through Hariom Pipe share price 52-week high and low, providing context beyond daily or weekly changes. Based on available data, the stock’s 52-week high and low indicate a wide trading range over the past year . Highs suggest strong infrastructure demand and stable margins, while lows align with market corrections or sector volatility. These levels capture impacts of manufacturing policies, global trade trends, and earnings visibility, providing context for the stock’s historical performance.

Hariom Pipe’s stock performance reflects the trading behaviour of a small-cap metal company operating within India’s manufacturing ecosystem. The company’s focused portfolio across pipes, coils, and billets has shaped its Hariom Pipe share price history. Since its listing in 2022, the stock has shown periods of sharp gains and phases of consolidation . The stock delivered a substantial positive annual return in 2023, while recording negative returns in 2024 and 2025 . From recent periods onwards, the Hariom Pipe share price has shown corrective momentum following the previous sharp upmove.

Hariom Pipe’s stock performance over time has closely followed India’s infrastructure spending and construction activity cycles. The Hariom Pipe share price showed positive momentum when demand for steel pipes increased from the housing and industrial sectors. However, periods of high raw material costs and competitive pressures have contributed to consolidation in Hariom Pipe stock price. Over longer investment horizons, the stock has shown moderate three-year returns, though it has underperformed the broader BSE Capital Goods index over most timeframes . These returns highlight the cyclical nature of the steel industry.

Despite COVID-19 disruptions, Hariom Pipe shares showed resilience during the initial phase of the pandemic. While the broader metal sector faced challenges with supply chain disruptions and logistics, the company’s focus on essential construction materials helped the stock retain some value. Prudent management across its manufacturing operations kept shares stable amid the pandemic’s challenges and market volatility.

Hariom Pipe share price has seen decreases due to several recurring reasons. A decline in infrastructure spending or a drop in pipe demand directly impacts profitability and leads to selling pressure. Changes in government policy, such as stricter environmental regulations or changes in steel import duties, can also cause the stock to fall. Furthermore, any increase in operational costs like steel procurement or energy expenses without a matching rise in product prices squeezes the company’s margins, making the stock less attractive. Periods of global economic slowdown that affect construction activity raise concerns about domestic demand, leading to a drop in Hariom Pipe share price. The stock is also sensitive to iron ore and coking coal price movements; if raw material prices rise significantly affecting input costs, it can lead to a decrease in Hariom Pipe stock price as investors adjust expectations for future margin growth. Broader market sell-offs in small-cap stocks also pull the price down, regardless of the company’s individual performance. A decrease in capacity utilization or lower sales in any product category directly hurts the company’s revenue, resulting in a lower valuation for Hariom Pipe share price.

Hariom Pipe Industries Limited Investor Relevance and Role in Portfolio

Hariom Pipe Industries Limited is a holding in small-cap and metal portfolios, offering exposure to steel pipes, coils, and construction materials. Inclusion in industrial indices underscores its importance in India’s steel product manufacturing space. The company’s manufacturing capabilities, established distribution network, and diversified product portfolio make it a consideration for long-term allocations.

Hariom Pipe share price is influenced by the company’s ownership structure. Hariom Pipe equity is held by a broad mix of promoters and public investors, reflecting its standing in India’s metal sector. Promoters hold a stable majority stake of over fifty-seven percent in the company, reflecting strong internal control . Other institutional investors including foreign institutional investors hold a portion of the company’s shares, though FII holdings have shown a slight decrease in recent quarters . Domestic institutional investors hold a very small portion of the company’s shares . The public holds the remaining stake in the company. This investor base with stable promoter participation underscores the company’s role as a holding in both domestic and focused portfolios concentrating on steel product manufacturing.

Beyond fundamentals and ownership, Hariom Pipe stock is actively monitored in cash market segments, where trading volumes and delivery patterns reflect expectations on production levels, domestic demand, and regulatory policy actions. The stock is available for trading on both the NSE and BSE, allowing investors to take positions based on their outlook for the metal sector. Market participants watch these trading indicators to gauge sentiment around quarterly results and policy announcements.

Technical indicators provide additional insight into short-term momentum shifts in the company’s stock price. While these indicators are primarily used for near-term trading decisions, they also help investors and portfolio managers understand broader market sentiment and anticipate potential volatility, especially around key events or announcements. In the short-term and weekly timeframe, the stock has exhibited price movements that correlate with broader metal sector trends.

Based on available data, Hariom Pipe share price beta varies across different timeframes . The long-term beta indicates that the stock shows relatively low sensitivity compared to the broader market, with a beta value below one . On a daily basis, the beta values reflect specific levels of correlation with market movements. Over medium-term cycles, the beta suggests moderate fluctuations. The stock’s average weekly movement has been higher than the metals and mining industry average and the overall market average . Overall, Hariom Pipe demonstrates a mixed volatility profile that varies across different measurement periods, with the stock generally considered to have low to moderate systematic risk.

Hariom Pipe Industries Limited Sectoral Relevance and Peer Positioning

Hariom Pipe Industries Limited sector relevance stems from its scale in steel pipe production across India, its portfolio of HR pipes, GI pipes, GP pipes, MS pipes, HR coils, and billets, and its established customer base in construction and industrial applications. Peer comparisons with companies like JSW Steel, Tata Steel, Jindal Steel and Power, Jindal Stainless, and other steel manufacturers focus on production capacity, product mix, distribution network, and geographical presence rather than short-term stock moves . These benchmarks help investors assess operational scale, efficiency, and regulatory adherence. Institutional tracking of raw material prices, infrastructure spending trends, and environmental compliance further highlights Hariom Pipe positioning within India’s broader steel manufacturing market.

Hariom Pipe P/E ratio reflects how investors perceive the company’s earnings relative to its revenue streams from pipe and coil sales . In earlier years, the ratio remained at certain levels, indicating measured market expectations. Around recent periods, following earnings fluctuations, the valuation changed as investors reassessed the company’s future prospects. In subsequent periods, the ratio has shown variation, reflecting a dynamic view of the company’s earnings potential. Overall, these changes highlight how market sentiment evolved alongside the company’s operational performance in a cyclical industry.

Alongside valuation, Hariom Pipe EPS provides insight into its operational performance and income generation from HR pipes, GI pipes, MS pipes, HR coils, and billets . Between earlier fiscal years, earnings per share reflected periods of growth. In recent periods, EPS changed due to the impact of varying production margins and raw material costs. The company has reported consistent profitability in different quarters, though margins have shown some variation . More recent quarterly performance suggests that EPS has adjusted to reflect ongoing earnings from the focused manufacturing operations.

Hariom Pipe market cap highlights its position as a small-cap player within India’s steel sector . Based on recent data, the company continues to hold a specific position due to its pipe manufacturing capabilities and established customer base across multiple industries. This manufacturing specialization strengthens its visibility among focused investors and supports consistent investment interest, reinforcing its role as a key steel pipe provider. Finally, Hariom Pipe earnings trajectory demonstrates the impact of its operational execution in a cyclical industry . In recent fiscal years, total income showed trends supported by the core steel pipe business. The company’s sales have shown growth in certain quarters followed by moderation in others, while net profit has also shown variation reflecting market conditions. These developments illustrate the cyclical nature of the steel industry and the company’s position within this sector.

Summary

Hariom Pipe Industries Limited operates as a steel pipe and coil manufacturer serving construction and industrial sectors. Hariom Pipe share price moves largely with raw material price cycles, infrastructure spending trends, and broader metal sector conditions. Hariom Pipe stock price reflects its specific position within the small-cap steel product manufacturing space. The company’s performance aligns with the operational results of its focused product portfolio and capacity utilization rates.

Hariom Pipe Shareholding Pattern

Held ByDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoter57.357.357.357.357.357.3
FII9.49.59.69.59.29.5
DII00.20.20.20.10.1
Public33.33332.933.133.533.2

Hariom Pipe Delivery And Volume

PeriodCombined Delivery VolumeNSE+BSE Traded Volume AvgDaily Avg Delivery Volume %
Day76.07 K1.55 L49.17%
Week99.95 K2.31 L43.18%
1 Month1.02 L2.33 L43.87%
6 Month96.74 K3.31 L29.23%

Hariom Pipe SWOT Analysis

Strengths8
Weakness4
Opportunity2
Threats0

Benjamin Graham Value Screen

Buy Zone: Stocks in the buy zone based on days traded at current PE and P/BV

Strong Performer, Under Radar Stocks (DVM)

Value Stocks, Under Radar (DVM)

Rising Net Cash Flow and Cash from Operating activity

Effectively using its capital to generate profit - RoCE improving in last 2 years

Growth in Net Profit with increasing Profit Margin (QoQ)

Companies with Zero Promoter Pledge

Hariom Pipe Corporate Action

Ex-Date
Dividend Amount
Dividend Type
Record Date
Instrument Type
23 Sep, 20250.61FINAL23 Sep, 2025Equity Share
13 Sep, 20240.6FINAL16 Sep, 2024Equity Share

Hariom Pipe Stock Comparison

Financials
Price (₹)₹47.95₹503₹140₹123.30₹317₹120.86
% Change0.38%0.40%0.00%-0.09%-0.05%0.52%
Revenue TTM (₹ Cr)---₹570.72₹4,159.79₹1,149.35
Net Profit TTM (₹ Cr)---₹26.45₹160.94₹8.79
PE TTM-28.1022.5014.9030.8025.80
1 Year Return-52226.2831.82-33.38-21.24-23.63
ROCE---14.3716.36-

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