Integrated Filing — IndAS



General information about company

Scrip Code 543517
NSE Symbol HARIOMPIPE
MSEI Symbol NOTLISTED
ISIN INE00EV01017
Name of company HARIOM PIPE INDUSTRIES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 22-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment MANUFACTURING OF STEEL PRODUCTS
Start date and time of board meeting 22-05-2026   14:00:00
End date and time of board meeting 22-05-2026   16:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 50,726.85 1,66,695.39
Other income 937.71 1,315.82
Total income 51,664.56 1,68,011.21
2 Expenses
(a) Cost of materials consumed 39,149.91 1,25,932.41
(b) Purchases of stock-in-trade 2,258.44 4,954.54
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (1,345.28) (679.99)
(d) Employee benefit expense 1,516.28 5,743.04
(e) Finance costs 1,432.07 5,354.60
(f) Depreciation, depletion and amortisation expense 1,722.61 6,526.18
(f) Other Expenses
1 Power and Fuel 2,088.64 7,158.45
2 Other Expenses 672.42 2,647.55
Total other expenses 2,761.06 9,806.00
Total expenses 47,495.09 1,57,636.78
3 Total profit before exceptional items and tax 4,169.47 10,374.43
4 Exceptional items 0.00 0.00
5 Total profit before tax 4,169.47 10,374.43
6 Tax expense
7 Current tax 1,112.45 2,394.99
8 Deferred tax 47.03 408.66
9 Total tax expenses 1,159.48 2,803.65
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 3,009.99 7,570.78
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 3,009.99 7,570.78
17 Other comprehensive income net of taxes 3.66 2.96
18 Total Comprehensive Income for the period 3,013.65 7,573.74
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 3,096.73 3,096.73
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 61,556.29
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 9.72 24.45
Diluted earnings (loss) per share from continuing operations 9.72 24.45
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 9.72 24.45
Diluted earnings (loss) per share from continuing and discontinued operations 9.72 24.45
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) NOTES TO THE STANDALONE STATEMENT OF FINANCIALS RESULTS 1. These audited Standalone Financial Results have been prepared in accordance with the recognition and measurement principles prescribed under the applicable Indian Accounting Standards Ind AS notified under Section 133 of the Companies Act 2013. These results have been reviewed by the Audit Committee and subsequently approved by the Board of Directors at its meeting held on May 22 2026. The Statutory Auditors have audited the said financial results and issued their report with an unmodified opinion. 2. The Company has invested in Metal Mart Private Limited a subsidiary incorporated on January 22 2026 with an authorised share capital of Rs. 10.00 lakhs. The Company has subscribed to 70000 equity shares of Rs. 10 each aggregating to Rs. 7.00 lakhs representing 70 of the paid-up equity share capital of the said subsidiary. The subsidiary has been incorporated for undertaking trading activities in metals and steel allied products. Accordingly, the financial statements of Metal Mart Private Limited have been consolidated with the consolidated financial results of the Company for the year ended March 31 2026 in accordance with the applicable IND AS. 3. Effective November 21 2025, the Central Government has introduced the Labour Codes comprising four laws. The Company has evaluated the impact of the said Labour Codes based on the information presently available and has accounted for the incremental liability wherever applicable. Based on the present assessment the Company does not have any significant impact on its financial results. The Company will continue to evaluate the impact based on further notifications, rules and clarifications issued by the Central and State Governments. 4. The Company has received Crisil A and Crisil A2 from the Crisil for their Long term Bank facilities and Short term Bank facilities respectively 5. The Board of Directors has recommended a dividend of Rs. 0.75 per equity share aggregating to Rs. 232.25 Lakhs having face value of X10 each for the financial year ended March 31 2026, subject to approval of the shareholders at the ensuing Annual General Meeting. The dividend if approved by the shareholders shall be paid within the prescribed statutory timelines. 6. The Company received directions dated April 01 2026 from the Tamil Nadu Pollution Control Board under Section 33A of the Water Prevention and Control of Pollution Act 1974 for temporary closure of operations and disconnection of power supply at its unit located at SIPCOT Industrial Growth Centre, Perundurai, Erode District Tamil Nadu. The Company has initiated necessary corrective measures and is taking appropriate steps for restoration of operations at the earliest. Further, the Company is mitigating the impact through alternate operations at its Telangana unit and based on the present assessment, the impact is expected to be temporary in nature. 7. Based on the management approach as defined in IND AS 108 Operating Segments, the Chief Operating Decision Maker CODM evaluates the company’s performance and allocates resources based on an analysis of various indicators of business segments in which the company operates. The Company is primarily engaged in the business of manufacturing selling of Steel Products, which the management and CODM recognise as the sole business segment. Hence disclosure of segment-wise information is not required and accordingly not provided. 8. The figures for the quarter ended March 31 2026 and March 31 2025 as reported in these Standalone financial results represent the balancing figures between the audited figures for the full financial year and the unaudited published figures up to the third quarter of the respective financial years which were subjected to limited review by the statutory auditors. 9. The figures for the corresponding previous periods have been regrouped reclassified restated wherever considered necessary. 10. The audited Standalone financial results of the company are available on the Companys website www.hariompipes.com and also on the websites of the stock exchanges where the equity shares are listed www.bseindia.com and www.nseindia.com.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 48,319.77
Capital work-in-progress 1,573.42
Investment property
Goodwill 0.00
Other intangible assets 36.92
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 0.00
Trade receivables, non-current
Loans, non-current 0.00
Other non-current financial assets
1 Security Deposit 1,982.79
2 Fixed Deposit with bank for more than 12 months maturity 1,370.67
Total of other non-current financial assets 3,353.46
Total non-current financial assets 3,353.46
Deferred tax assets (net)
Other non-current assets
1 Capital Advance 4,122.58
2 Advance to Employees 1.76
3 Hariom Employees Gratuity Trust 79.21
4 Deposit with Govt. Authorities 20.71
Total of other non-current assets 4,224.26
Total non-current assets 57,507.83
2 Current assets
Inventories 40,457.93
Current financial asset
Current investments 0.00
Trade receivables, current 18,907.31
Cash and cash equivalents 289.35
Bank balance other than cash and cash equivalents 0.00
Loans, current 0.00
Other current financial assets
Total of other current financial assets 878.25
Total current financial assets 20,074.91
Current tax assets (net)
Other current assets
1 Other current assets 3,948.15
Total of other current assets 3,948.15
Total current assets 64,480.99
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 1,21,988.82
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 3,096.73
Other equity 61,556.29
Total equity attributable to owners of parent 64,653.02
Non controlling interest 270.24
Total equity 64,923.26
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 17,093.76
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
Total of other non-current financial liabilities
Total non-current financial liabilities 17,093.76
Provisions, non-current 126.56
Deferred tax liabilities (net) 1,357.44
Deferred government grants, Non-current
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 18,577.76
Current liabilities
Current financial liabilities
Borrowings, current 23,315.33
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 115.18
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 11,064.41
Total Trade payable 11,179.59
Other current financial liabilities
1 Other current financial liabilities 1,740.78
Total of other current financial liabilities 1,740.78
Total current financial liabilities 36,235.70
Other current liabilities 1,313.76
1 Other current liabilities 1,313.76
Total of other current liabilities 1,313.76
Provisions, current 11.13
Current tax liabilities (Net) 927.21
Deferred government grants, Current
Total current liabilities 38,487.80
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 57,065.56
Total equity and liabilites 1,21,988.82
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss (3.66) (2.96)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income 3.66 2.96



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 10,374.43
Adjustments for reconcile profit (loss)
Adjustments for finance costs 5,354.60
Adjustments for decrease (increase) in inventories 4,484.13
Adjustments for decrease (increase) in trade receivables, current 0.00
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 2,212.43
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 0.00
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (6,201.81)
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 6,526.18
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 76.96
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (0.87)
Adjustments for dividend income 0.00
Adjustments for interest income 371.20
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (947.17)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 11,133.25
Net cash flows from (used in) operations 21,507.68
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 2,301.54
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 19,206.14
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 146.68
Purchase of property, plant and equipment 15,947.47
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 31.61
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 229.04
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 1,550.88
Net cash flows from (used in) investing activities (14,052.48)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 271.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 8,951.57
Repayments of borrowings 10,524.02
Payments of lease liabilities 0.00
Dividends paid 188.90
Interest paid 5,976.11
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (7,466.46)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (2,312.80)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.87
Net increase (decrease) in cash and cash equivalents (2,311.93)
Cash and cash equivalents cash flow statement at beginning of period 2,601.28
Cash and cash equivalents cash flow statement at end of period 289.35





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited
Declaration of unmodified opinion or statement on impact of audit qualification
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto