On Monday, 7th July, shares of Hariom Pipe Industries Ltd rose 3.65% to trade at ₹424.25 on the NSE, gaining ₹14.95 from the previous close of ₹409.30. The stock moved higher after the company reported robust growth in its Q1FY26 business update, highlighting a significant rise in sales volume and strong demand for its value-added products.
For the first quarter of FY26, Hariom Pipe reported a total sales volume of 78,221 metric tonnes, marking a 35% year-on-year increase from 57,994 metric tonnes in Q1FY25. Sales of its Value-Added Products (VAP), which include Mild Steel Tubes, Scaffolding, and Galvanized Products, grew 36% YoY to 75,362 metric tonnes. Notably, VAP contributed 96% of total sales during the quarter, underlining the company’s focus on high-margin, specialized products.
The management attributed the growth to continued product differentiation, expanding presence in key markets across South and West India, and an emphasis on premium offerings. Rupesh Kumar Gupta, Managing Director, stated that the strong Q1 performance reflects the company’s long-term strategy of diversifying its portfolio and enhancing customer value, while maintaining a competitive edge through innovation and operational efficiency.
Hariom Pipe Industries, founded in 2007, operates manufacturing facilities in Telangana, Tamil Nadu, and Andhra Pradesh with an installed capacity of over 700,000 MTPA and more than 800 SKUs. The company continues to strengthen its market presence with a focus on quality and customer-centric growth.
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