Hariom Pipe Industries Limited
Hariom Pipe Industries Limited manufactures and sells iron and steel products in India. It offers mild steel pipes, tubes, and billets; hot and cold rolled square, rectangular, and circular pipes and tubes; hot dipped galvanized pipes; pre galvanized pipes; and cold rolled full hard, pre galvanized, hot rolled pickled and oiled, and cold rolled closed annealed slit coils. The company also provide… Read more
Hariom Pipe Industries Limited (HARIOMPIPE) - Net Assets
Latest net assets as of September 2025: ₹6.05 Billion INR
Based on the latest financial reports, Hariom Pipe Industries Limited (HARIOMPIPE) has net assets worth ₹6.05 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹11.43 Billion) and total liabilities (₹5.39 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹6.05 Billion |
| % of Total Assets | 52.89% |
| Annual Growth Rate | 36.82% |
| 5-Year Change | 708.98% |
| 10-Year Change | 4150.94% |
| Growth Volatility | 75.49 |
Hariom Pipe Industries Limited - Net Assets Trend (2013–2025)
This chart illustrates how Hariom Pipe Industries Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hariom Pipe Industries Limited (2013–2025)
The table below shows the annual net assets of Hariom Pipe Industries Limited from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹5.73 Billion | +23.39% |
| 2024-03-31 | ₹4.64 Billion | +23.71% |
| 2023-03-31 | ₹3.75 Billion | +271.39% |
| 2022-03-31 | ₹1.01 Billion | +42.70% |
| 2021-03-31 | ₹707.89 Million | +46.56% |
| 2020-03-31 | ₹482.99 Million | +33.83% |
| 2019-03-31 | ₹360.90 Million | +114.89% |
| 2017-03-31 | ₹167.95 Million | +10.38% |
| 2016-03-31 | ₹152.16 Million | +12.95% |
| 2015-03-31 | ₹134.72 Million | +0.87% |
| 2014-03-31 | ₹133.55 Million | +0.35% |
| 2013-03-31 | ₹133.09 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hariom Pipe Industries Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 10416.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹2.33 Billion | 40.68% |
| Common Stock | ₹309.67 Million | 5.41% |
| Other Comprehensive Income | ₹12.66 Million | 0.22% |
| Other Components | ₹3.07 Billion | 53.69% |
| Total Equity | ₹5.73 Billion | 100.00% |
Hariom Pipe Industries Limited Competitors by Market Cap
The table below lists competitors of Hariom Pipe Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MEKICS Co Ltd
KQ:058110
|
$14.44 Million |
|
Mandom Indonesia Tbk
JK:TCID
|
$14.44 Million |
|
Symphony Communication Public Company Limited
BK:SYMC
|
$14.45 Million |
|
Melbana Energy Limited
PINK:MEOAF
|
$14.46 Million |
|
Aware Inc
NASDAQ:AWRE
|
$14.44 Million |
|
Archtis Ltd
AU:AR9
|
$14.43 Million |
|
Camimex Group JSC
VN:CMX
|
$14.42 Million |
|
Strategic Investments A/S
CO:STRINV
|
$14.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hariom Pipe Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,641,175,000 to 5,726,742,000, a change of 1,085,567,000 (23.4%).
- Net income of 617,260,000 contributed positively to equity growth.
- Dividend payments of 18,575,000 reduced retained earnings.
- New share issuances of 543,935,000 increased equity.
- Other comprehensive income decreased equity by 181,312,000.
- Other factors increased equity by 124,259,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹617.26 Million | +10.78% |
| Dividends Paid | ₹18.57 Million | -0.32% |
| Share Issuances | ₹543.93 Million | +9.5% |
| Other Comprehensive Income | ₹-181.31 Million | -3.17% |
| Other Changes | ₹124.26 Million | +2.17% |
| Total Change | ₹- | 23.39% |
Book Value vs Market Value Analysis
This analysis compares Hariom Pipe Industries Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.65x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 34.72x to 1.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | ₹8.81 | ₹306.00 | x |
| 2014-03-31 | ₹8.84 | ₹306.00 | x |
| 2015-03-31 | ₹8.92 | ₹306.00 | x |
| 2016-03-31 | ₹10.08 | ₹306.00 | x |
| 2017-03-31 | ₹11.12 | ₹306.00 | x |
| 2019-03-31 | ₹14.17 | ₹306.00 | x |
| 2020-03-31 | ₹18.96 | ₹306.00 | x |
| 2021-03-31 | ₹45.85 | ₹306.00 | x |
| 2022-03-31 | ₹39.65 | ₹306.00 | x |
| 2023-03-31 | ₹148.53 | ₹306.00 | x |
| 2024-03-31 | ₹149.86 | ₹306.00 | x |
| 2025-03-31 | ₹184.91 | ₹306.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hariom Pipe Industries Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.78%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.55%
- • Asset Turnover: 1.13x
- • Equity Multiplier: 2.09x
- Recent ROE (10.78%) is below the historical average (11.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 4.92% | 0.84% | 2.49x | 2.35x | ₹-6.76 Million |
| 2014 | 0.35% | 0.06% | 2.35x | 2.68x | ₹-12.89 Million |
| 2015 | 0.90% | 0.17% | 1.71x | 3.02x | ₹-12.26 Million |
| 2016 | -10.33% | -2.13% | 1.47x | 3.30x | ₹-30.94 Million |
| 2017 | 9.40% | 1.81% | 1.84x | 2.82x | ₹-1.00 Million |
| 2019 | 22.22% | 6.00% | 1.29x | 2.86x | ₹44.11 Million |
| 2020 | 16.37% | 4.92% | 1.15x | 2.89x | ₹30.78 Million |
| 2021 | 21.38% | 5.95% | 1.46x | 2.45x | ₹80.53 Million |
| 2022 | 31.64% | 7.42% | 1.99x | 2.14x | ₹218.56 Million |
| 2023 | 12.32% | 7.18% | 0.91x | 1.89x | ₹86.91 Million |
| 2024 | 12.24% | 4.93% | 1.31x | 1.90x | ₹103.88 Million |
| 2025 | 10.78% | 4.55% | 1.13x | 2.09x | ₹44.59 Million |
Industry Comparison
This section compares Hariom Pipe Industries Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $2,077,213,375
- Average return on equity (ROE) among peers: 17.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hariom Pipe Industries Limited (HARIOMPIPE) | ₹6.05 Billion | 4.92% | 0.89x | $14.44 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $-100.86 Million | 0.00% | 0.00x | $722.48K |
| APL Apollo Tubes Limited (APLAPOLLO) | $24.64 Billion | 25.12% | 0.81x | $4.04 Billion |
| Ashoka Metcast Limited (ASHOKAMET) | $23.00K | 60.87% | 7947.74x | $1.75 Million |
| Bansal Wire Industries Ltd (BANSALWIRE) | $2.83 Billion | 21.21% | 1.65x | $84.98 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $1.45 Billion | 17.08% | 3.51x | $8.02 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $1.38 Billion | 0.97% | 2.02x | $61.29 Million |
| Electrotherm (India) Limited (ELECTHERM) | $-10.96 Billion | 0.00% | 0.00x | $31.33 Million |
| Gallantt Ispat Limited (GALLANTT) | $1.10 Billion | 27.96% | 1.96x | $327.71 Million |
| Grand Foundry Limited (GFSTEELS) | $-57.50 Million | 0.00% | 0.00x | $1.30 Million |
| Goodluck India Limited (GOODLUCK) | $490.54 Million | 25.50% | 2.98x | $163.26 Million |