SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Indian Hume Pipe Company Ltd (INDIANHUME)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 504741 NSE: INDIANHUME Engineering - Construction | Small Cap | India Hume Pipe Co Share Price

₹414.10 0.15 (0.04%)

As on 15-Jul'26 16:59

Indian Hume Pipe Company Ltd (INDIANHUME)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 504741 NSE: INDIANHUME Engineering - Construction | Small Cap | India Hume Pipe Co Share Price

₹414.10 0.15 (0.04%)

As on 15-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹2,182 Cr.
Current Price
₹414.1
52-Week Low / High
₹280 / 468
TTM EPS
₹26.8
TTM Sales
₹1,306 Cr.
Book Value per Share
₹281.8
P/E Ratio
15.46
Higher than its 5-year historical median
Industry PE
29.2
Price to Book (P/B)
1.47
Lower than its 5-year historical median
Price to Sales (P/S)
1.67
Higher than its 5-year historical median
EV/EBITDA
10.73
In line with its 5-year historical median
Dividend Yield
1.21%
Profitability Efficiency
Return on Equity (ROE)
9.86%
Outperforms industry median
Return on Capital Employed (ROCE)
13.03%
Outperforms industry median
Return on Assets (ROA)
4.91%
Operating Profit Margin
11.6%
Net Profit Margin
10.81%
Gross Profit Margin
11%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-12.45%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-22.56%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-74.71%
Asset Quality
Promoter Holding
72.34%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹1,474 Cr.
Equity
₹10.5 Cr.
Face Value
₹2
All Time Low / High
₹1.09 / 613.15

Indian Hume Pipe Company stock performance

Key Ratios
mw4me loader

Check Before You Invest

Quality

Somewhat Good

Valuation

Fair

Price Trend

Strong
Q.1 Is Indian Hume Pipe Company Ltd a good quality company?
Indian Hume Pipe Company Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Indian Hume Pipe Company Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Indian Hume Pipe Company Ltd vs industry peers?
Indian Hume Pipe Company Ltd revenue CAGR is -1.69%, compared to the industry median CAGR of 0%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Indian Hume Pipe Company Ltd?
Promoters hold 72.34% of the Indian Hume Pipe Company Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Indian Hume Pipe Company Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 6.5% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Indian Hume Pipe Company Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 30.7%19.6%20.8%15.9%11.1%12.1%11.7%13.3%46.6%13%-
Value Creation
Index
1.20.40.50.1-0.2-0.1-0.2-0.12.3-0.1-

Growth Parameters

Sales 1,8061,5471,6461,6241,2411,5201,5431,3891,4911,3061,306
Sales YoY Gr.--14.4%6.4%-1.3%-23.5%22.5%1.5%-10%7.4%-12.5%-
Adj EPS 20.513.617.815.18.511.911.514.633.316.626.8
YoY Gr.--33.7%30.6%-15.4%-43.6%39.6%-3.2%27%128.7%-50.3%-
BVPS (₹) 82.693.5107.3117.4124.4134.2143.5157.4261.3281.8281.8
Adj Net
Profit
99.56686.27341.157.455.676.717687.3141
Cash Flow from Ops. 152-30.7-4.8-3218555.919.4213204294-
Debt/CF from Ops. 1.8-11.2-99.5-20.8310.432.52.42.21.4-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -3.5%1%-5.4%-12.5%
Adj EPS -2.4%14.3%13.1%-50.3%
BVPS14.6%17.8%25.2%7.8%
Share Price 8.5% 11.7% 20.1% -6.9%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
28.215.517.713.479.28.310.115.96.19.5
Op. Profit
Mgn %
11.49.811.311.710.110.39.313.113.111.611.2
Net Profit
Mgn %
5.54.35.24.53.33.83.65.511.86.710.8
Debt to
Equity
0.70.80.91.20.90.90.90.60.30.30
Working Cap
Days
229328368419554446467520493552312
Cash Conv.
Cycle
54233440545657525863155

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales1,8061,5471,6461,6241,2411,5201,5431,3891,4911,306
Operating Expenses + 1,6001,3951,4591,4331,1171,3641,4001,2071,2961,154
Manufacturing Costs760683726696539693682754669590
Material Costs651545593593455531581297441362
Employee Cost 6567737869787992106115
Other Costs 124996867526257648087
Operating Profit 206152186190125157143182195151
Operating Profit Margin (%) 11.4%9.8%11.3%11.7%10.1%10.3%9.3%13.1%13.1%11.6%
Other Income + 33125285229947
Exceptional Items 0000000054564
Interest 46435477766677747155
Depreciation 11111218201716141520
Profit Before Tax 153100132100577872103663188
Tax 533446271520172610547
Profit After Tax 10066867342585678558141
PAT Margin (%) 5.5%4.3%5.3%4.5%3.4%3.8%3.6%5.6%37.4%10.8%
Adjusted EPS (₹)20.613.617.815.28.711.911.514.7105.926.8
Dividend Payout Ratio (%)16.50%24.90%20.20%13.20%23.10%16.80%8.70%10.20%5.50%18.70%

Valuation of India Hume Pipe Co - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 4004535205696036506958291,3771,484
Share Capital 10101010101010111111
Reserves 3904435105595936416868191,3661,474
Debt +260335473656512564617485442410
Long Term Debt83244352313311
Short Term Debt252333471613477541603481441409
Minority Interest0000000000
Trade Payables318433496529490518559473529462
Others Liabilities 395420434378369340345354554488
Total Liabilities 1,3731,6411,9232,1321,9742,0732,2162,1422,9012,845

Fixed Assets

Net Fixed Assets +787790142126121108110147142
Gross Block8694118187187195197205245257
Accumulated Depreciation81728456174899698115
CWIP 12181100111
Investments 323234476180401
Inventories60477176787975143210250
Trade Receivables401475599627553704742661649485
Cash Equivalents 4219393228404742443469
Others Assets 7891,0191,1041,2521,1841,1241,2391,1081,2701,098
Total Assets 1,3731,6411,9232,1321,9742,0732,2162,1422,9012,845

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 152-31-5-321855619213204294
PBT 153100132100577872103663188
Adjustment 5283598663747972-473-40
Changes in Working Capital -6-173-151-18683-69-1196332183
Tax Paid -46-41-45-33-18-28-13-26-19-37
Cash Flow From Investing Activity + -21-18-54-60-9-1511-68-67-151
Capex -19-11-39-44-3-4-2-349351
Net Investments 00-00000-71-104-210
Others -2-7-15-15-6-11137-4568
Cash Flow From Financing Activity + -42-107155-171-93-62-37-108-106
Net Proceeds from Shares 00000006000
Net Proceeds from Borrowing 00-64925-36-13-10-10-7
Interest Paid -46-43-53-67-67-59-67-63-62-47
Dividend Paid -5-14-20-21-10-10-10-5-8-31
Others 94714994-1201228-18-28-21
Net Cash Flow 89-5912-364-51-311082937

Financial Ratio

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)28.2115.4917.7513.497.179.238.2810.1850.69.86
ROCE (%)30.7419.5820.7815.8911.112.0611.6713.3446.5713.03
Asset Turnover Ratio1.461.030.920.80.60.750.720.640.590.45
PAT to CFO Conversion(x)1.52-0.47-0.06-0.444.40.970.342.730.372.09
Working Capital Days
Receivable Days73.60103119.10137.80173.50151171.10184.50160.30158.40
Inventory Days49.6012.6013.1016.5022.6018.8018.3028.7043.2064.30
Payable Days161.10223.70235.80271345.20285.30311.70635415.10498.90

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *30.6930.6930.6930.6930.6930.6930.6930.690.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Indian Hume Pipe Company Ltd FAQs

The current trading price of India Hume Pipe Co on 15-Jul-2026 16:59 is ₹414.1.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 14-Jul-2026 the market cap of India Hume Pipe Co stood at ₹2,181.6 Cr

The latest P/E ratio of India Hume Pipe Co as of 14-Jul-2026 is 15.46.

The latest P/B ratio of India Hume Pipe Co as of 14-Jul-2026 is 1.47.

The 52-week high of India Hume Pipe Co is ₹467.9 and the 52-week low is ₹280.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of India Hume Pipe Co is ₹1,306 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Indian Hume Pipe Company Ltd is a average quality company.

The key valuation ratios of Indian Hume Pipe Company Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Indian Hume Pipe Company Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Indian Hume Pipe Company Ltd

The Indian Hume Pipe Co. Ltd. (IHP) was established in 1926 with the object of manufacturing, popularising and marketing Hume Pipes and allied products. A small mechanical workshop was also established simultaneously for production of specialised equipment required for making Reinforced Concrete Cement Pipes. Over a period of time the company has developed Prestressed Concrete Pipes (Non-Cylinder), Prestressed Concrete Cylinder Pipes, Bar Wrapped Steel Cylinder Pipes, Hume Steel Pipes, Welded Steel Penstocks, Prestressed Concrete Railway Sleepers and specialised in execution of Turnkey Water Supply Projects.

Today the company has a well spread out and wide network of over twenty factories and forty projects in India. The company has earned a reputation for excellence through employing modern technology, stringent quality control measures, timely execution and continuous Research and Development. As a result the company's products have found acceptance in highly competitive  markets. The company's expertise is at work right from designing of custom made pipes to the company's total engineering packages for pipeline projects.

The company is actively involved in the strengthening of the nation's infrastructure in varied fields viz. Water Supply, Irrigation, Drainage, Power Generation and Rail transport by executing numerous turnkey pipeline projects for Water Supply, Sewerage and Hydroelectric Power Generation and supplying millions of sleepers for railways in India. IHP has also executed neighbouring countries like Sri Lanka, Burma & Iraq.

The company is also manufacturing Air Rifles & Pistols for promoting Target Shooting Sports. These products have already established the company as a brand leader in India. IHP is the only company in the organized sector in India manufacturing quality Air Rifles with state-of-the-art manufacturing facilities. The company has a distribution network throughout India for carrying out successful marketing of Air Rifles.

From a modest beginning seven decades ago, today the company is acknowledged as a leader of the industry with an unbeatable track record of introducing the following products.

Product range of the company includes:

  • Prestressed concrete pipe
  • Prestressed concrete cylinder pipe
  • Bar wrapped steel cylinder pipe
  • Steel pipe
  • RCC pipe
  • Penstock pipe
  • Prestressed concrete monoblock sleeper for railways
  • Air rifles & pistols

The company has a long list of clients which includes:

State Government's Water Supply Departments, City Corporations, State Government's Industrial Development Corporations, City Industrial Development Corporations of all States, Large Industries Water Supply Schemes, Cooperative Farmer's Societies - Lift Irrigation Schemes, State Government' Irrigation Development. Railways for Sleepers and Hydro Electric Power Projects.

Services offered by the company

  • Technical Services-  IHP has a rich experience of over 7 decades in pipeline projects. Once the work is assigned to them, the client can make use of this unique facility free of cost. 
  • Management of Plant -Management of plant in India, overseas with company’s engineers and experienced technicians.
  • Rehabilitation of Pipelines-Many times its clients have a problem of joint leakage with the pipes supplied by other manufacturers. It also undertakes the repairs of such pipe joints and helps the clients to rehabilitate the pipelines.

Milestones of the company:

  • 1926 -Reinforced Cement Concrete Pipe
  • 1932 -Welded Steel Pipe
  • 1956 - Steel Penstocks
  • 1957 -Prestressed Concrete Pipe (Non Cylinder)
  • 1966 -Air Rifles & Pistols
  • 1970-Prestressed Concrete Monoblock Sleepers for Railways
  • 1998 -Bar Wrapped Steel Cylinder Pipe
  • 1999 - Prestressed Concrete Cylinder Pipe
  • 2011 - Indian Hume Pipe Company signed a Memorandum of Understanding (MOU) with M/s. Dosti Realty Limited
You have 3 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: