MarketFriction

Indian Hume Pipe Company Ltd

NSE INDIANHUME · BSE 504741 · Civil Construction
₹346.10 -1.90%
NSE close2026-10-01
52 week range279.80 - 432.00
Market cap₹1,871 Cr.
P/E20.0
Price band 20% Delivery 44.9%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales319319404364354381392307365282351303
Expenses287281330306320343336274313260313273
Operating Profit323874583537563452223830
OPM %10%12%18%16%10%10%14%11%14%8%11%10%
Other Income1231225481212751117
Interest161615141616161212121211
Depreciation334334455555
Profit before tax1420584218205842946803232
Tax %25%25%25%26%25%26%14%25%25%23%29%25%
Net Profit1015443113144992235622324
EPS in Rs1.962.878.295.912.522.7394.774.166.5811.684.364.47
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales9391,7921,5211,6461,6241,2411,5201,5431,3891,4911,3061,301
Expenses8421,5861,3701,4591,4331,1161,3641,4001,2061,2961,1521,159
Operating Profit97206152186190125157143182195153142
OPM %10%12%10%11%12%10%10%9%13%13%12%11%
Other Income333125275229554109114
Interest454643547776667774715546
Depreciation101111121820171614152020
Profit before tax45153100132100577872103663188190
Tax %35%35%34%35%27%26%26%23%25%16%25%
Net Profit2910066867342585678558141143
EPS in Rs6.0120.5713.6417.8215.158.6711.9311.5014.74105.9326.7927.09
Dividend Payout %27%17%25%20%13%23%17%17%10%5%19%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth3%1%-5%-9%
Compounded Profit Growth8%8%3%9%
Stock Price CAGR1%12%14%0%
Return on Equity8%4%2%4%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital5510101010101010111111
Reserves2823023904435105595936416868191,3661,474
Borrowings306318268342474672560587633511458417
Other Liabilities415439605746796783732736852741902902
Total Liabilities1,0071,0631,2741,5411,7902,0241,8941,9732,1812,0812,7362,804
Fixed Assets7573787790142126127114115153147
CWIP0312181100111
Investments10323234476180401
Other Assets9319871,1921,4591,6791,8781,7641,8422,0631,8882,4022,254
Total Assets1,0071,0631,2741,5411,7902,0241,8941,9732,1812,0812,7362,804
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-446152-31-5-321855619213204294
Cash from Investing Activity6-10-21-18-54-60-9-1511-68-67-151
Cash from Financing Activity4-48-42-107155-171-93-62-37-108-106
Net Cash Flow6-1289-5912-364-51-311082937
Free Cash Flow-035133-42-44-761825217210697345
CFO/OP12%72%96%7%21%0%162%53%23%131%114%216%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days12113082114133141163169176174159136
Inventory Days1,0941,682190118237195607615563
Days Payable6769921,0041,0791,6601,3612,0121,5481,042
Cash Conversion Cycle539821-733-847-1,290-1,026163169176-1,231-774-344
Working Capital Days75894577636810689103137137111
ROCE %18%15%31%20%21%16%11%12%12%13%12%10%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters72.34%72.34%72.34%72.34%72.34%72.34%72.34%72.34%72.34%72.34%72.34%72.34%
FIIs0.90%0.68%0.45%0.92%0.83%0.66%0.56%0.52%0.42%0.46%0.39%0.39%
DIIs2.21%2.21%2.21%2.21%2.20%2.20%2.20%2.20%2.20%2.20%2.20%0.75%
Public24.54%24.76%24.99%24.52%24.60%24.78%24.89%24.93%25.04%25.00%25.07%26.51%
No. of Shareholders23,37424,22426,00127,37029,02128,22227,65727,72226,83325,80525,45427,545

Fundamentals

Market Cap₹ 1,871 Cr.
Current Price₹ 356
Stock P/E20.0
Book Value₹ 282
ROCE9.51 %
ROE4.21 %
Dividend Yield0.56 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)-9%
Compounded Profit Growth (TTM)9%
Standalone figures.
Valuation
Market capRs 1,823 Cr
Enterprise valueRs 1,771 Cr
P/E (TTM)12.77x
Price to book1.23x
Price to sales1.40x
EV / EBITDA6.92x
EV / EBIT7.50x
EV / sales1.36x
Price to cash flow6.21x
Earnings yield7.83%
Dividend yield1.45%
P/E, 3-year average10.41x
P/B, 3-year average1.34x
P/E, 5-year average11.35x
P/B, 5-year average1.24x
Profitability
Operating margin (excl. other income)11.73%
Operating margin (incl. other income)20.09%
EBITDA margin19.68%
Pre-tax margin14.62%
Net profit margin10.97%
Net margin, latest quarter7.78%
ROE9.86%
ROCE12.98%
ROA5.09%
ROE, 3-year average23.55%
ROCE, 3-year average24.18%
ROA, 3-year average10.63%
ROE, 5-year average17.63%
ROCE, 5-year average19.24%
ROA, 5-year average7.52%
ROIC (approx.)12.40%
Tax rate24.81%
Other income / net worth7.35%
Growth
Sales growth (latest year)-12.45%
Profit growth (latest year)-74.71%
Sales CAGR, 3 years-5.41%
Sales CAGR, 5 years1.01%
Profit CAGR, 3 years36.32%
Profit CAGR, 5 years27.43%
Sales growth QoQ-13.80%
Profit growth QoQ2.57%
Sales growth YoY (latest quarter)-1.50%
Profit growth YoY (latest quarter)7.53%
Per share
EPS (TTM)Rs 27.10
EPS (latest year)Rs 26.79
EPS (latest quarter)Rs 4.47
EPS, 3-year averageRs 49.15
EPS, 5-year averageRs 34.17
Book value per shareRs 281.76
Sales per shareRs 246.94
Cash flow per shareRs 55.74
Free cash flow per shareRs 65.49
Dividend per share (latest year)Rs 5.00
Dividend per share, 3-year averageRs 4.10
Dividend per share, 5-year averageRs 3.26
Dividends
Dividend payout18.67%
Dividend payout, 3-year average11.44%
Dividend payout, 5-year average13.70%
Efficiency
Asset turnover0.47x
Fixed asset turnover8.88x
Inventory turnover3.98x
Inventory days92 days
Debtor days136 days
Debtors turnover2.69x
Creditor days1042 days
Cash conversion cycle-344 days
Working capital days111 days
Leverage
Total debtRs 417 Cr
Cash and bankRs 469 Cr
Net debtRs -52 Cr
Debt to equity0.28x
Net debt / EBITDA-0.20x
Interest coverage5.13x
Current ratio (filing 2026-03-31)2.03x
Quick ratio (filing 2026-03-31)1.82x
Trade payables (filing 2026-03-31)Rs 462 Cr
Owners' fund to total sources52.94%
Debt to assets14.87%
Cash flow
Cash from Operating Activity (latest year)Rs 294 Cr
Cash from Investing Activity (latest year)Rs -151 Cr
Cash from Financing Activity (latest year)Rs -106 Cr
Net Cash Flow (latest year)Rs 37 Cr
Free cash flow (latest year)Rs 345 Cr
FCFE (approx.: FCF + change in debt)Rs 304 Cr
Cash from ops / profit, 5 years0.88x
Sales to cash flow4.45x
Statement figures
Net sales (TTM)Rs 1,301 Cr
Net sales (latest year)Rs 1,306 Cr
Sales (latest quarter)Rs 303 Cr
Operating profit excl. other income (latest year)Rs 153 Cr
Operating profit (latest quarter)Rs 30 Cr
Other income (TTM)Rs 114 Cr
EBITDA (TTM)Rs 256 Cr
PBDT (TTM)Rs 210 Cr
Profit before tax (TTM)Rs 190 Cr
Tax (latest year)Rs 47 Cr
Net profit (TTM)Rs 143 Cr
Net profit (latest year)Rs 141 Cr
Net profit (latest quarter)Rs 24 Cr
Depreciation (TTM)Rs 20 Cr
Depreciation (latest quarter)Rs 5 Cr
Interest (TTM)Rs 46 Cr
Cost of goods sold (latest year)Rs 993 Cr
Total expenditure (latest year)Rs 1,152 Cr
Total income (latest year)Rs 1,415 Cr
Share capitalRs 11 Cr
ReservesRs 1,474 Cr
Shareholders' fundsRs 1,484 Cr
Total assetsRs 2,804 Cr
Net blockRs 147 Cr
Capital work in progressRs 1 Cr
InvestmentsRs 401 Cr
ReceivablesRs 485 Cr
InventoryRs 250 Cr
Other liabilitiesRs 902 Cr
Shares outstanding (crore)5.27
Ownership
Promoter holding72.34% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 12.8 is at the 27th percentile of its own 9.4-year range (median 17.1, low 2.4, high 36.5).
P/B 1.23 is at the 9th percentile (median 1.85).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodINDIANHUMENifty 50Difference
1 week-4.3%-2.8% -1.5 pts
1 month-7.0%-6.8% -0.2 pts
3 months-0.6%-7.6% +7.0 pts
6 months+23.0%+0.4% +22.6 pts
1 year-6.4%-9.9% +3.5 pts
2 years-32.1%-13.6% -18.5 pts
3 years+43.1%+14.2% +29.0 pts
5 years+72.4%+27.9% +44.6 pts
1 mutual fund schemes hold about ₹13 Cr. Over three months 1 bought more and 0 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
HSBC Business Cycles Fund1.03%13 +12%

Red flags

F-score 5 of 8
lookInventory outrunning sales Inventory grew 19% vs sales -12% in 2026
lookProfit leans on other income Other income was 58% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹303 Cr -1.3% vs Jun 2025. Net profit ₹24 Cr +9.1%.
Against our estimate for Jun 2026: sales +20.7%, profit +14.1% in line. Our estimate for Sep 2026: sales Rs 344 Cr, profit Rs 30 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-07-17Dividend - Rs 2 Per Share/Special Dividend - Rs 3 Per Share
2025-07-18Dividend - Rs 1.80 Per Share/ Special Dividend - Rs 4 Per Share
2024-07-19Annual General Meeting/Dividend - Rs 1.50 Per Share
2023-07-21Annual General Meeting/Dividend - Re 1 Per Share
2022-07-14Annual General Meeting/Dividend - Rs 2 Per Share
2021-08-12 Annual General Meeting/Dividend - Rs 2 Per Share
2020-08-21 Annual General Meeting/Dividend - Rs 2 Per Share
2019-07-12 Annual General Meeting/Dividend- Rs 3.60 Per Share
2018-07-06 Annual General Meeting/Dividend- Rs 3.40 Per Share
2017-06-28 Annual General Meeting/Dividend - Rs 2.40/- Per Share
2017-02-15 Interim Dividend Re 1/- Per Share (Purpose Revised)
2016-12-09 Bonus 1:10.5000
2016-07-18 Annual General Meeting
2016-03-17 Interim Dividend - Rs 3/- Per Share + Special Dividend - Re 0.20 Per Share (Purpose Revised)
2015-07-22Annual General Meeting/ Dividend - Rs 3/- Per Share
2014-07-09Annual General Meeting / Dividend - Rs 2.40/- Per Share
2013-07-10Annual General Meeting/Dividend Rs 2.20 Per Share
2012-07-11Annual General Meeting And Dividend - Rs.2/- Per Share
2011-07-13Annual General Meeting And Dividend Rs.2/- Per Share
2010-08-30Face Value Split From Rs.10/- To Rs.2/-0.2000
2010-07-16Annual General Meeting And Dividend Rs.10/- Per Share
2009-07-13Agm/Div-Rs.8.50 Per Share
2008-07-21Agm/Dividend-70%
2007-07-19Agm/Dividend-60%
2006-07-20Agm/Dividend-45%
DateTypeWhat it says
2026-09-22General UpdatesGeneral Updates
2026-08-15LitigationPendency of Litigation(s)/dispute(s) or the outcome impacting the Company
2026-08-12Press ReleaseA press release dated August 12, 2026, titled "Press Release under Regulation 30 of SEBI (LODR) Regulations, 2015 as per attached letter".
2026-08-12Board meeting outcomeIndian Hume Pipe Company Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-03Shareholder meetingDisclosure of Voting Results of 100th Annual General Meeting ("AGM") held on Monday,3rd August, 2026 pursuant to Regulation 44(3) of the SEBI (Listing...
2026-08-03Shareholder meetingProceedings of the 100th Annual General Meeting held on Monday, 3rd August, 2026.
2026-07-03Awarding of order(s)/contracAwarding of order(s)/contract(s)
2026-05-14Press ReleaseA press release dated May 14, 2026, titled "Regulation 30 of Press Release - SEBI (LODR) Regulations, 2015".
2026-05-14Record DateRecord date for the purpose of Dividend is 17-Jul-2026.
2026-05-14Board meeting outcomeIndian Hume Pipe Company Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-14Record DateRecord date for the purpose of Dividend is 17-Jul-2026.
2026-05-14Press ReleaseA press release dated May 14, 2026, titled "Regulation 30 of SEBI (LODR) Regulations, 2015 - Press Release".
2026-05-14Board meeting outcomeIndian Hume Pipe Company Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-01Order winBagging/Receiving of orders/contracts
2026-04-29Order winBagging/Receiving of orders/contracts
2026-04-24Awarding of order(s)/contracAwarding of order(s)/contract(s)
2026-04-20UpdatesSubmission of Initial / Annual Disclosure .
2026-04-06Disclosure under SEBI TakeovIHP Finvest Ltd. has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial ...
2026-04-01General UpdatesGeneral Updates
2026-03-25General UpdatesAnnouncement Under Regulation 30 Of SEBI (LODR), Regulations, 2015 - Release Of Shares Pledged In Favour Of SBICAP Trustee Company Limited (As Pledgee...
2026-02-12Board meeting outcomeIndian Hume Pipe Company Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2026-02-12Press ReleaseA press release dated February 12, 2026, titled "Regulation 30 of SEBI (LODR) Regulations, 2015 Press Release ".
2026-02-12Board meeting outcomeBoard meeting held on February 12, 2026.
2026-01-30Credit RatingCredit Rating
2025-12-30Press ReleaseA press release dated December 30, 2025, titled "Regulation 30 of SEBI (LODR) Regulations, 2015 Press Release".
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2018-01-08CESTATINDIAN HUME PIPE CO LTD ---VS.--- JAIPUR-II
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Indian Hume Pipe Company Ltd?

Indian Hume Pipe Company Ltd (INDIANHUME) has a market capitalisation of Rs 1,871 Cr. at the 2026-10-01 close.

What is the P/E ratio of Indian Hume Pipe Company Ltd?

Indian Hume Pipe Company Ltd trades at a P/E of 20.0 on trailing twelve-month profit, at the 2026-10-01 close.

What were Indian Hume Pipe Company Ltd's latest quarterly results?

In the Jun 2026 quarter, Indian Hume Pipe Company Ltd sales was Rs 303 Cr (-1.3% vs Jun 2025) and net profit was Rs 24 Cr.

What is the 52-week high and low of Indian Hume Pipe Company Ltd?

The 52-week high is Rs 432.00 and the 52-week low is Rs 279.80.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03