Hariom Pipe Industries

Hariom Pipe Industries reported a steady Q3 FY26 with revenue from operations at ₹1,159.7 croreCurrent reported value: ₹1,159.7 crore. No comparable prior figure is available in the source record., up 21% YoYCurrent reported value: 21% YoY. No comparable prior figure is available in the source record., driven by a 21% YoY increase in sales volume to 2.07 lakh tonnesCurrent 21% YoY increase in sales volume to 2.07 lakh tonnes. Reported change: +21% YoY.. EBITDA margin remained healthy at 12.55%Current reported value: 12.55%. No comparable prior figure is available in the source record., supported by a strong value-added product mix (96-97%Current 96-97%. Reported change: N/A. of revenue). PAT for 9M stood at ₹45.6 crore. Management maintained confidence in achieving ~30% volume growth for the full year, aided by strong demand in southern markets and expansion into value-added segments like GI pipes and coils. The 60 MW solar project is on track, with 31 MW expected by April 2026. Key risks include potential margin pressure from the new trading subsidiary and elevated depreciation from recent acquisitions.