Hariom Pipe Industries Approves FY 2026 Results, Recommends 7.5% Dividend

Hariom Pipe Industries Approves FY 2026 Results, Recommends 7.5% Dividend​

Hariom Pipe Industries Limited announced the key outcomes of its Board of Directors meeting held on May 22, 2026. The board considered and approved the audited financial results (Standalone and Consolidated) for the quarter and year ended March 31, 2026, along with the corresponding audit reports.

In a significant corporate action, the board also recommended a final dividend of Rs. 0.75 (Seventy-Five Paise) per equity share, representing 7.5% of the face value of Rs. 10 each, for the financial year ended March 31, 2026. The dividend, if approved by the members, would be disbursed within 30 days of the declaration.

Financial Performance Summary​

The company reported substantial financial data for the year ended March 31, 2026. The audited financial statements, including profit and loss accounts and balance sheets, reflect the company’s financial position across both standalone and consolidated entities.

The consolidated annual financial results show the following figures:


The company reported a Total Comprehensive Income of Rs. 6,171.66 lakhs for the year ended March 31, 2026, compared to Rs. 7,573.74 lakhs in the corresponding period.

For the year ended March 31, 2026, the Consolidated Statement of Cash Flows showed:

• Net cash flow from Operating Activities: 19,206.14 lakhs.
• Net cash flow used in Investing Activities: 19032.80 lakhs.
• Net Cash flow from Financing Activities: (7,466.46) lakhs.
• Closing Balance of Cash and Cash Equivalents: 289.35 lakhs.

Governance and Expertise Appointments​

The board addressed key governance functions, including the reappointment of the company's statutory and internal auditors, and the re-designation of senior management personnel.

Auditors Reappointed:

• Statutory Auditors: M/s. R Kabra & Co, LLP, Chartered Accountants, was approved for reappointment as Statutory Auditors for the second term of five consecutive years.
• Internal Auditors: M/s. Ravi Ladia & Co., Chartered Accountants, was approved for reappointment as the Internal Auditors for the Financial Year 2026-27.

Management Personnel:
* Mr. Yash Gupta was re-designated as Vice President (VP) - Sponge Division, effective May 22, 2026.

Operational and Regulatory Notes​

On the subsidiary front, the company confirmed its investment in Metal Mart Private Limited, a subsidiary incorporated on January 22, 2026. The company subscribed to 70,000 equity shares of Rs. 10 each, totaling Rs. 7.00 lakhs, which represents 70% of the subsidiary's paid-up equity share capital. The subsidiary is engaged in trading activities in metals and steel allied products.

The company also noted receiving directions from the Tamil Nadu Pollution Control Board for the 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 stated that corrective measures have been initiated, and efforts are underway to restore operations at the earliest.

***
Note: Financial figures are presented in Lakhs (Rs. in lakhs).

HARIOMPIPE Stock Price Movement​

On Friday, Hariom Pipe Industries Limited shares edged higher, gaining 3.09% to close at ₹344.35. The stock finished the session on a robust volume of 692,009 shares, holding comfortably above its day's low of ₹340.