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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 Share Price

₹296.65 6.10 (2.10%)

As on 09-Jun'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 Share Price

₹296.65 6.10 (2.10%)

As on 09-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹1,563 Cr.
Current Price
₹296.7
52-Week Low / High
₹280 / 490
TTM EPS
₹26.8
TTM Sales
₹1,306 Cr.
Book Value per Share
₹281.8
P/E Ratio
11.07
Lower than its 5-year historical median
Industry PE
29.7
Price to Book (P/B)
1.05
Lower than its 5-year historical median
Price to Sales (P/S)
1.20
Higher than its 5-year historical median
EV/EBITDA
7.90
Lower than its 5-year historical median
Dividend Yield
1.59%
Profitability Efficiency
Return on Equity (ROE)
50.60%
Outperforms industry median
Return on Capital Employed (ROCE)
46.57%
Outperforms industry median
Return on Assets (ROA)
22.13%
Operating Profit Margin
13.1%
Net Profit Margin
37.42%
Gross Profit Margin
8.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
7.39%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
7.25%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
618.86%
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
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Check Before You Invest

Quality

Somewhat Good

Valuation

Somewhat Undervalued

Price Trend

Weak
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'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 14.8%30.7%19.6%20.8%15.9%11.1%12.1%11.7%13.3%46.6%-
Value Creation
Index
0.11.20.40.50.1-0.2-0.1-0.2-0.12.3-

Growth Parameters

Sales 9251,8061,5471,6461,6241,2411,5201,5431,3891,4911,306
Sales YoY Gr.-95.2%-14.4%6.4%-1.3%-23.5%22.5%1.5%-10%7.4%-
Adj EPS 620.513.617.815.18.511.911.514.633.326.8
YoY Gr.-242.9%-33.7%30.6%-15.4%-43.6%39.6%-3.2%27%128.7%-
BVPS (₹) 63.382.693.5107.3117.4124.4134.2143.5157.4261.3281.8
Adj Net
Profit
2999.56686.27341.157.455.676.7176141
Cash Flow from Ops. 45.7152-30.7-4.8-3218555.919.4213204-
Debt/CF from Ops. 71.8-11.2-99.5-20.8310.432.52.42.2-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 5.4%-1.7%-0.6%7.4%
Adj EPS 21%17.2%41.1%128.7%
BVPS17.1%17.4%24.9%66%
Share Price 5.3% 6% 14.3% -32.4%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
9.828.215.517.713.479.28.310.115.99.9
Op. Profit
Mgn %
10.511.49.811.311.710.110.39.313.113.111.2
Net Profit
Mgn %
3.15.54.35.24.53.33.83.65.511.810.8
Debt to
Equity
10.70.80.91.20.90.90.90.60.30
Working Cap
Days
388229328368419554446467520493312
Cash Conv.
Cycle
173542334405456575258155

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales9251,8061,5471,6461,6241,2411,5201,5431,3891,491
Operating Expenses + 8281,6001,3951,4591,4331,1171,3641,4001,2071,296
Manufacturing Costs414760683726696539693682754669
Material Costs305651545593593455531581297441
Employee Cost 516567737869787992106
Other Costs 591249968675262576480
Operating Profit 97206152186190125157143182195
Operating Profit Margin (%) 10.5%11.4%9.8%11.3%11.7%10.1%10.3%9.3%13.1%13.1%
Other Income + 3331252852299
Exceptional Items 000000000545
Interest 45464354777666777471
Depreciation 10111112182017161415
Profit Before Tax 45153100132100577872103663
Tax 165334462715201726105
Profit After Tax 2910066867342585678558
PAT Margin (%) 3.1%5.5%4.3%5.3%4.5%3.4%3.8%3.6%5.6%37.4%
Adjusted EPS (₹)6.020.613.617.815.28.711.911.514.7105.9
Dividend Payout Ratio (%)26.60%16.50%24.90%20.20%13.20%23.10%16.80%8.70%10.20%5.50%

Valuation of India Hume Pipe - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 3074004535205696036506958291,377
Share Capital 5101010101010101111
Reserves 3023904435105595936416868191,366
Debt +310260335473656512564617485442
Long Term Debt148324435231331
Short Term Debt297252333471613477541603481441
Minority Interest0000000000
Trade Payables257318433496529490518559473529
Others Liabilities 251395420434378369340345354554
Total Liabilities 1,1251,3731,6411,9232,1321,9742,0732,2162,1422,901

Fixed Assets

Net Fixed Assets +73787790142126121108110147
Gross Block1638694118187187195197205251
Accumulated Depreciation90817284561748996103
CWIP 31218110011
Investments 0323234476180
Inventories43660477176787975143210
Trade Receivables335401475599627553704742661649
Cash Equivalents 104219393228404742443
Others Assets 2677891,0191,1041,2521,1841,1241,2391,1081,270
Total Assets 1,1251,3731,6411,9232,1321,9742,0732,2162,1422,901

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 46152-31-5-321855619213204
PBT 45153100132100577872103663
Adjustment 555283598663747972-473
Changes in Working Capital -30-6-173-151-18683-69-1196332
Tax Paid -24-46-41-45-33-18-28-13-26-19
Cash Flow From Investing Activity + -10-21-18-54-60-9-1511-68-67
Capex -10-19-11-39-44-3-4-2-3493
Net Investments 100-00000-71-104
Others -0-2-7-15-15-6-11137-456
Cash Flow From Financing Activity + -48-42-107155-171-93-62-37-108
Net Proceeds from Shares 00000000600
Net Proceeds from Borrowing -700-64925-36-13-10-10
Interest Paid -45-46-43-53-67-67-59-67-63-62
Dividend Paid -15-5-14-20-21-10-10-10-5-8
Others 1994714994-1201228-18-28
Net Cash Flow -1289-5912-364-51-3110829

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)9.8128.2115.4917.7513.497.179.238.2810.1850.6
ROCE (%)14.8130.7419.5820.7815.8911.112.0611.6713.3446.57
Asset Turnover Ratio0.861.461.030.920.80.60.750.720.640.59
PAT to CFO Conversion(x)1.591.52-0.47-0.06-0.444.40.970.342.730.37
Working Capital Days
Receivable Days130.2073.60103119.10137.80173.50151171.10184.50160.30
Inventory Days157.6049.6012.6013.1016.5022.6018.8018.3028.7043.20
Payable Days292.50161.10223.70235.80271345.20285.30311.70635415.10

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *30.6930.6930.6930.6930.6930.6930.6930.6930.690.00
* 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 on 09-Jun-2026 16:59 is ₹296.6.

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 08-Jun-2026 the market cap of India Hume Pipe stood at ₹1,562.8 Cr

The latest P/E ratio of India Hume Pipe as of 08-Jun-2026 is 11.07.

The latest P/B ratio of India Hume Pipe as of 08-Jun-2026 is 1.05.

The 52-week high of India Hume Pipe is ₹490.0 and the 52-week low is ₹280.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of India Hume Pipe 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 Somewhat Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Indian Hume Pipe Company Ltd is likely to Fall 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
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