Indian Hume Pipe Co. Ltd. Reports Q1 FY26 Results; Net Profit Stands at 7.78% Amid Strong Margins
The Indian Hume Pipe Company Limited announced its un-audited financial results for the quarter ended June 30, 2026, noting that operations remained similar to those of the corresponding quarter in the previous year. The company maintained robust operating margins driven by strong demand for its manufacturing products.A snapshot of the highlights of the company's performance across key metrics is detailed below:
| Particulars | Quarter ended June 30, 2026 | Quarter ended June 30, 2025 |
|---|---|---|
| Revenue from Operations | 302.81 INR Crores | 307.43 INR Crores |
| Other Income | 16.97 INR Crores (5.60%) | 11.87 INR Crores (3.86%) |
| Total Revenue | 319.78 INR Crores (105.60%) | 319.30 INR Crores (103.86%) |
| EBITDA | 46.73 INR Crores (15.43%) | 45.60 INR Crores (14.83%) |
| Profit before tax and before exceptional items | 31.55 INR Crores (10.42%) | 29.07 INR Crores (9.46%) |
| Net Profit | 23.57 INR Crores (7.78%) | 21.92 INR Crores (7.13%) |
The company’s EBITDA for the current quarter reached 15.43%, marking a 60 basis point increase over the corresponding previous quarter.
Operational Strength and Financial Health
The robust operating margins were complemented by significant financial strengths resulting from various corporate activities. The generation of surplus cash flow, achieved through the monetization of idle land parcels in Bangalore and Hyderabad, along with real estate development cash flows from two projects in Pune, allowed the company to substantially lower its working capital borrowing, thereby reducing borrowing costs.Furthermore, treasury income stood at INR 12.57 Crores during the current quarter, which was higher than the finance cost of INR 10.54 Crores.
The company also received new orders totaling INR 630 Crores in Rajasthan and INR 459 Crores in Telangana. These projects are currently at the pre-implementation stage and are expected to commence execution by the first quarter of the current year.
Progress on Real Estate Segment
The Indian Hume Pipe Co. Ltd. is actively monetizing its land through joint development agreements across multiple projects in Pune, involving Dosti Realty Ltd. and Kalpataru Ltd.A. Dosti Greenscapes - Pune (Hadapsar)
The company is collaborating with Dosti Realty Ltd. on a revenue-sharing basis at a ratio of 38% to the company and 62% to Dosti Realty Ltd. The project encompasses 12 residential towers and one commercial tower, achieving a total RERA carpet area of 10,95,288.67 sq. ft.
A portion of the project has been launched:
| Phases Launched | No. of Towers | No. of Units | Total RERA Carpet Area (Sq. ft.) |
|---|---|---|---|
| Phase I | 3 | 335 | 2,29,323.79 |
| Phase II | 3 | 258 | 2,68,432.42 |
| Phase III | 2 | 334 | 2,28,366.23 |
| Phase IV | 1 | 98 | 50,598.01 |
| Total | 9 | 1,025 | 7,76,720.45 |
The company expects the Occupation Certificate (O.C.) for five of these nine towers in the current financial year. Additionally, four more towers are scheduled to be launched according to the planning by Dosti Realty Ltd.
As on August 9, 2026, the project had booked 756 units, generating an agreement value of INR 627.05 Crores. Of this value, the company's share (38%) was INR 238.28 Crores, with advances received amounting to INR 179.32 Crores.
B. Kalpataru Blossoms - Pune (Vadgaon)
The land at Vadgaon, measuring approximately 6,73,826 sq. ft., is being monetized through a joint development agreement with Kalpataru Ltd., which holds a share of 67.50%, while the company retains 32.50%.
The project is divided into Plot A and Plot B. At present, development has commenced on Plot A, with Plot B designated for future phases.
Plot A currently comprises three residential towers and commercial units, totaling a RERA Carpet area of 5,65,086 sq. ft.
| Tower | No. of Units | Total RERA Carpet Area (Sq. ft.) |
|---|---|---|
| Tower 1 | 70 | 1,36,711.00 |
| Tower 2 | 213 | 2,61,504.00 |
| Tower 3 | 180 | 1,54,830.00 |
| Commercial | 7 | 12,041.00 |
| Total | 470 | 5,65,086.00 |
As of August 9, 2026, the company had booked 220 units on Plot A. The agreement value of these units was INR 433.28 Crores, giving the company a share valued at INR 140.82 Crores against which advances amounting to INR 67.03 Crores were received.
Order Book Status
The estimated balance value of the work stood at INR 4730.69 Crores as of August 4, 2026, up from INR 3944.87 Crores recorded on July 31, 2025.INDIANHUME Stock Price Movement
Shares of Indian Hume Pipe Company Limited slipped by 3.02% on Wednesday, closing at ₹375.35. The stock traded a total volume of 30,664 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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