Summary of Key Information:
Reporting Period: Quarter and Year ended March 31, 2026
Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results, Dividend, Auditor Appointments
Audit Opinion:
Unmodified opinion issued by Statutory Auditors M/s. R Kabra & Co, LLP
Key Financial Highlights [₹ in lakhs]:
Standalone Results:
Quarter ended March 31, 2026:
- Revenue from Operations: ₹50,726.85 (vs ₹39,970.31 in Q4 FY25 - +26.9% YoY)
- Total Income: ₹51,668.00
- Net Profit: ₹3,018.34 (vs ₹1,724.02 in Q4 FY25 - +75.1% YoY)
- EPS: ₹9.75 (Basic and Diluted)
Year ended March 31, 2026:
- Revenue from Operations: ₹1,66,695.39 (vs ₹1,35,704.88 in FY25 - +22.8% YoY)
- Total Income: ₹1,68,014.65
- Net Profit: ₹7,582.77 (vs ₹6,172.60 in FY25 - +22.8% YoY)
- EPS: ₹24.49 (Basic and Diluted)
- Cash and Cash Equivalents: ₹45.14
- Total Debt: ₹34,670.63 (Non-current: ₹11,475.74 + Current: ₹23,194.89)
- Other Equity: ₹61,567.52
Consolidated Results:
Quarter ended March 31, 2026:
- Revenue from Operations: ₹50,726.85
- Total Income: ₹51,664.56
- Net Profit: ₹3,009.99
- EPS: ₹9.72 (Basic and Diluted)
Year ended March 31, 2026:
- Revenue from Operations: ₹1,66,695.39
- Total Income: ₹1,68,011.21
- Net Profit: ₹7,570.78
- EPS: ₹24.45 (Basic and Diluted)
- Net Profit attributable to Owners: ₹7,574.50
- Non-controlling Interest: ₹(0.76)
- Cash and Cash Equivalents: ₹289.35
- Total Equity: ₹64,923.26
Segment-wise Performance:
Company operates in single business segment - manufacturing & selling of Steel Products. No segment-wise disclosure required as per IND AS 108.
Corporate Actions:
- Recommended final dividend of ₹0.75 per equity share (7.5%) of face value ₹10 each for FY26
- Dividend amount: ₹232.25 lakhs aggregate
- Subject to shareholder approval at ensuing AGM
- To be paid within 30 days of declaration
- Record date to be announced
Other Significant Information:
- Incorporated new subsidiary Metal Mart Private Limited on January 22, 2026 with 70% ownership (investment of ₹7.00 lakhs)
- Subsidiary engaged in trading activities in metals and steel allied products
- Credit ratings: CRISIL A- for long-term bank facilities, CRISIL A2+ for short-term bank facilities
- Received directions from Tamil Nadu Pollution Control Board dated April 1, 2026 for temporary closure of Perundurai unit
- Company initiating corrective measures and mitigating impact through Telangana unit
- Impact expected to be temporary based on current assessment
- Labour Codes implemented from November 21, 2025 - no significant impact on financial results based on current assessment
Entities in Consolidation:
- Hariom Pipe Industries Limited (Holding Company)
- Hariom Power and Energy Private Limited (Subsidiary)
- Metal Mart Private Limited (Subsidiary)
- Liaison Office in Thailand (unaudited, immaterial)