Hariom Pipe Industries Limited, incorporated in 2008, is a 3rd generation integrated manufacturer of high-quality steel products and iron and steel products. Headquartered in Hyderabad, Telangana, the company is part of the prestigious Hariom Group, which was founded by the industrialist Late Shri Hariom Golas in 1962. The company was established in 2007 by Mr. Roopesh Kumar Gupta, the Promoter and Managing Director, proudly upholding the esteemed legacy of the late Shri Hariom Gupta Ji.
HPIL is a vertically integrated steel manufacturer with 800+ SKUs of Iron & Steel products. It is one of the few players to have an end-to-end Backward Integration process for Hot Charging, from producing raw materials like sponge iron and billets to final products. The company has gone from strength to strength, evolving into an integrated steel manufacturer with a stronghold in the South Indian market.
The company has two manufacturing units in South India – Mahabubnagar in Telangana and Anantapur in Andhra Pradesh. Unit I manufactures finished products from iron scrap and sponge iron, while Unit II exclusively manufactures sponge iron. The company operates a cutting-edge primary steel manufacturing unit in Mahbubnagar District, Telangana, as well as a primary steel manufacturing facility in Perundurai, Erode, Tamil Nadu.
In December 2022, the company acquired a full-fledged setup of a galvanized pipe plant in Perundurai, Tamil Nadu. With a strategic location covering ~14 acres in the SIPCOT Industrial Growth Centre, the plant has enhanced its capacity, product portfolio, and geographical reach. Additionally, the company has established a new galvanized pipe plant in Mahbubnagar, Telangana, which is the first manufacturing facility in the steel pipes and tubes industry in India to run solely on sustainable energy generated through solar power.
The integration of these two plants has optimized operations and profitability through backward integration, which helps with efficient logistics, inventory management, procurement, energy savings and quality control. Since 2020, the company has optimised operations and profits through backward integration and integrated Units I and II. Together they produce sponge iron, MS billets, HR strips, MS pipes and scaffoldings.
The company has a diverse product portfolio consisting of Mild Steel (MS) Billets, Pipes and Tubes, Hot Rolled (HR) Coils and Scaffolding Systems. The company manufactures hot rolled (HR) coils, cold rolled (CR) coils, MS tubes and pipes, HR pipes and tubes, CR pipes, pre-galvanized (GP) coils, GP pipes and GI pipes for circular, square and rectangular sections, along with scaffolding systems. The company manufactures HR and CR pipes in sizes up to 150×150mm for square sections, 200x100mm for rectangular sections and 175 NB for circular sections, with thickness ranging from 0.40mm to 6mm across the range of products, including GP/GI pipes.
Its products, which are marketed under the brand Hariom Pipes, are used in various industries, including housing, infrastructure, agriculture, automotive, power and engineering. The company's top-quality products cater to various industrial applications across multiple sectors, including architectural, industrial, infrastructural, power plants, solar power plants, steel Industry, railways, and cement plants.
The company has a strong presence in South India with over 625+ dealers across Telangana, Tamil Nadu, Andhra Pradesh, Karnataka and Kerala. The company has recently expanded its market reach to Western India. With dedicated leadership and a skilled management team, Hariom Pipe Industries Limited has flourished into an integrated steel manufacturer with a nationwide presence and a significant market presence in entire south India and the west part of India.
The market cap of Hariom Pipe Industries Ltd is ₹1232.96 Cr as of 26th June 2025.
- Market Capitalization: ₹1,232.96 Crore (as of June 26, 2025)
- FY25 Net Profit: ₹61.73 crore (up 8.68% YoY)
- FY25 Sales: ₹1,357.05 crore (up 17.68% YoY)
- FY25 Revenue from Operations: ₹1,357.05 crore
- Q4 FY25 Net Profit: ₹17.24 crore (up 2.80% YoY)
- Q4 FY25 Sales: ₹399.70 crore (up 20.78% YoY)
- P/E Ratio: 19.98
- P/B Ratio: 2.65
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.
The company's galvanized pipe manufacturing plant at Mahbubnagar is the first pipe manufacturing unit in India that is powered by solar power. Hariom Pipe Industries is the first company in India to run its pipe manufacturing operations entirely on renewable energy. The company is celebrating sustainable innovation and welcoming a new era of green energy with its new bio-gas fuel initiative.
The company recycles scrap steel as a primary material in its production process. Hot charging technology at the integrated steel plant reduces carbon emissions by eliminating the need to reheat metal. The company's operations are conducted under the aegis of the foundational principles of 'reduce' and 'recycle' for sustainable value creation.
The company is committed to quality, obtaining IS 3601:2006 for steel pipes, IS 2830:2012 for MS Billets and ISO 9001:015 Quality Management System. Hariom Pipes produce tubes and pipes under the brand name HARIOM & HPIL, adhering to the Bureau of Indian Standards for Circular, Square, and Rectangular section.
Hariom Pipes aims to achieve robust and sustainable growth by focusing on six foundational strategic pillars, which are designed to drive profitability, enhance customer experience and ensure inclusive growth for all stakeholders. The company is exploring new growth opportunities, enhancing its offerings, especially in the value-added product category, and investing in cutting-edge technologies to stay ahead of the curve.
The company's focus on high-margin, value-added products enables it to offer solutions, not just merely "sell" products. Its ability to customize products in terms of thickness, length and quality plays a crucial role in maintaining "Edge over Others," giving clients exactly what they need for their specific applications.
