Hariom Pipe Industries Limited (NSE: HARIOMPIPE), a major player in galvanized pipes and renewable energy solutions, reported strong Q3 FY26 results on February 9, 2026, with revenue surging 21% year-over-year (YoY). Standalone revenue from operations reached ₹362.85 crore, up from ₹299.88 crore in Q3 FY25, while net profit grew modestly to ₹11.61 crore.
Key Financial Metrics
Total income climbed 21.3% YoY to ₹364.35 crore in the quarter ended December 31, 2025. Net profit increased 3.43% to ₹11.61 crore from ₹11.23 crore, with basic EPS at ₹3.75 (up 1.9%).
EBITDA rose 14% YoY to ₹45.2 crore, reflecting operational leverage. Consolidated net profit was slightly lower at ₹11.59 crore.
For 9M FY26, revenue from operations expanded 21.14% to ₹1,159.69 crore from ₹957.35 crore, total income up 21.22% to ₹1,163.47 crore, and net profit up 2.6% to ₹45.64 crore (EPS ₹14.74).
Strategic Focus on Renewables
The investor presentation emphasized innovations in renewable energy, including high-strength pre-galvanized tubular sections for solar structures, replacing traditional HR steel channels. Strategic OEM partnerships enable tailored value-added products for the sector.
Manufacturing Strength
Hariom operates five state-of-the-art units across Southern and Western India, with 785,232 MTPA installed capacity over 115 acres. A network of 900+ dealers and B2B clients supports robust distribution. The company is assessing impacts from new labor codes while maintaining transparency.