Why is Hariom Pipe Industries Ltd ?
1
Healthy long term growth as Net Sales has grown by an annual rate of 41.99% and Operating profit at 32.53%
2
Positive results in Mar 26
- NET SALES(Q) Highest at Rs 507.27 cr
- PBDIT(Q) Highest at Rs 63.87 cr.
- PBT LESS OI(Q) Highest at Rs 32.31 cr.
3
With ROCE of 14.1, it has a Very Attractive valuation with a 1.6 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 6.21%, its profits have risen by 22.8% ; the PEG ratio of the company is 0.8
4
Despite the size of the company, domestic mutual funds hold only 0% of the company
- Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
How much should you hold?
- Overall Portfolio exposure to Hariom Pipe should be less than 10%
- Overall Portfolio exposure to Iron & Steel Products should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Iron & Steel Products)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Hariom Pipe for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Hariom Pipe
6.82%
0.13
54.05%
Sensex
-7.5%
-0.58
13.00%
Quality key factors
Factor
Value
Sales Growth (5y)
41.99%
EBIT Growth (5y)
32.53%
EBIT to Interest (avg)
2.74
Debt to EBITDA (avg)
2.58
Net Debt to Equity (avg)
0.58
Sales to Capital Employed (avg)
1.39
Tax Ratio
27.03%
Dividend Payout Ratio
3.05%
Pledged Shares
0
Institutional Holding
9.55%
ROCE (avg)
14.57%
ROE (avg)
11.24%
Valuation Key Factors 
Factor
Value
P/E Ratio
17
Industry P/E
27
Price to Book Value
2.01
EV to EBIT
11.60
EV to EBITDA
7.99
EV to Capital Employed
1.64
EV to Sales
1.00
PEG Ratio
0.75
Dividend Yield
NA
ROCE (Latest)
14.11%
ROE (Latest)
11.71%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Bullish
Bullish
Technical Movement
16What is working for the Company
NET SALES(Q)
Highest at Rs 507.27 cr
PBDIT(Q)
Highest at Rs 63.87 cr.
PBT LESS OI(Q)
Highest at Rs 32.31 cr.
PAT(Q)
Highest at Rs 30.10 cr.
EPS(Q)
Highest at Rs 9.72
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Loading Valuation Snapshot...
Here's what is working for Hariom Pipe
Profit After Tax (PAT) - Quarterly
At Rs 30.10 cr has Grown at 91.6% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 15.71 CrMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 32.31 cr has Grown at 59.0% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 20.32 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Net Sales - Quarterly
Highest at Rs 507.27 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Net Sales - Quarterly
At Rs 507.27 cr has Grown at 30.1% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 389.85 CrMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 63.87 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 32.31 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 30.10 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 9.72
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Here's what is not working for Hariom Pipe
Non Operating Income - Quarterly
Highest at Rs 9.38 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income






