As of 6 Nov 2026, Indian Hume Pipe Company trades at 10.9× trailing earnings, below the industry P/E of 16.4×, and the shares are 32% below their 52-week high. It earns ROCE of 15% and ROE of 9.9%, and sales fell 5.5% a year over 3 years while net profit grew 36%. Its dividend yield is 0.6%, and debt is 0.28× equity. It is a small-cap company with a market cap of ₹1,557 Cr, ranked 49th of 156 Engineering & Construction companies by market cap; the shares fell 12% over the past year.
- ₹303.55
- ₹305.65
- ₹294.30
- ₹315.50
- 65.2K
Health check
- ReturnsBehind
−12.3% over a year, better than 2 of 7 peers.
- Price tagCheaper
P/E 10.9 vs industry 16.4.
- GrowthSlow
Sales −5.5%, profit +36.3% a year over 3 years.
- ProfitabilityAverage
ROCE 14.6% vs peer median 19.9%.
- Balance sheetSolid
Debt 0.28× equity, interest covered 5.4×, Piotroski 6 of 9.
- Red flags2 to check
Quarterly sales down 1.5% on a year ago.
Small cap
Defensive
Key metrics
- Market cap
- ₹1,557 Cr
- Small cap
- P/E
- 10.9
- Industry 16.4
- Price to book
- 1.05
- Peers 4.92
- Dividend yield
- 0.63%
- ROE
- 9.9%
- Peers 17.9%
- ROCE
- 14.6%
- Peers 19.9%
- Debt to equity
- 0.28
- Debt ₹417 Cr
- EPS (TTM)
- ₹27.10
- Face value ₹2
- OPM (TTM)
- 10.9%
- Net margin 11.0%
- Sales growth
- −1.5%
- Latest quarter vs a year ago
- Profit growth
- +7.5%
- Latest quarter vs a year ago
- Price to sales
- 1.20
- EV/EBITDA 8.3
Strengths and risks
Strengths
- P/E of 10.9 against an industry P/E of 16.4.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Quarterly sales down 1.5% on a year ago.
- 32% below its 52-week high.
About Indian Hume Pipe Company
The Indian Hume Pipe Company Limited engages in construction contract activities in India. It operates through two segments, Construction and Real estate. The. The company engages in manufacturing, supplying, laying, jointing, testing, and commissioning of pipelines; undertakes water supply projects for the supply of drinking and irrigation water; provides sewer and drainage pipelines for cities and towns; and designs, fabricates, and installs penstock…
- Headquarters
- Mumbai
- Employees
- 1,157
- Sector
- Industrials
- ISIN
- INE323C01030
- Website
- indianhumepipe.com
Price range
- Avg volume (3M)
- 52.2K
- 1-year return
- minus 12.3%
- From 52-week high
- minus 31.6%
Peers · Engineering & Construction
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| LTLarsen & Toubro | 4,117.70 | plus 1.67% | 5,66,549 | 31.7 | 19.6 | 14.6% | 9.6% | 1.05 | 16.1% | plus 3.2% |
| RVNLRail Vikas Nigam | 193.34 | minus 0.18% | 40,312 | 44.9 | 56.9 | 11.0% | 4.3% | 0.49 | 0.2% | minus 40.5% |
| CEMPROCemindia Projects | 1,323.30 | plus 2.79% | 24,405 | 36.4 | 24.2 | 37.1% | 10.4% | 0.35 | 25.5% | plus 49.2% |
| KPILKalpataru Projects International | 1,370.80 | minus 0.04% | 23,410 | 19.7 | 10.1 | 19.9% | 8.3% | 0.46 | 18.4% | plus 4.3% |
| NBCCNBCC (India) | 78.00 | minus 2.90% | 21,060 | 26.5 | 19.8 | 34.3% | 6.1% | 0.00 | 12.9% | minus 29.5% |
| ENGINERSINEngineers India | 292.70 | minus 1.94% | 16,451 | 18.3 | 21.5 | 28.1% | 21.2% | 0.00 | 5.7% | plus 51.1% |
| WABAGVA Tech Wabag | 1,988.20 | plus 6.57% | 12,434 | 29.4 | 20.8 | 16.3% | 10.9% | 0.09 | 9.9% | plus 33.2% |
| INDIANHUMEIndian Hume Pipe Company | 295.55 | minus 6.32% | 1,557 | 10.9 | 10.3 | 14.6% | 10.9% | 0.28 | −5.5% | minus 12.3% |
| Median of 7 peers | – | −0.04% | 23,410 | 29.4 | 20.8 | 19.9% | 9.6% | 0.35 | 12.9% | 4.3% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 307 | 365 | 282 | 351 | 303 | |
| 274 | 313 | 260 | 313 | 273 | |
| 33.7 | 51.5 | 22.1 | 38.3 | 29.8 | |
| 11.0% | 14.1% | 7.8% | 10.9% | 9.8% | |
| 11.9 | 11.5 | 10.5 | 10.9 | 17 | |
| 11.9 | 12.2 | 11.8 | 11.6 | 10.5 | |
| 4.6 | 4.9 | 5.1 | 5.2 | 4.6 | |
| – | – | 64.3 | – | – | |
| 29.1 | 46 | 80.1 | 32.5 | 31.6 | |
| 24.6% | 24.6% | 23.2% | 29.2% | 25.3% | |
| 21.9 | 34.7 | 61.5 | 23 | 23.6 | |
| 4.16 | 6.59 | 11.67 | 4.37 | 4.47 |
Profit & loss
- Sales CAGR 3Y
- −5.5%
- Profit CAGR 3Y
- +36.3%
- EPS CAGR 3Y
- +32.6%
- ROE
- 9.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,541 | 1,383 | 1,488 | 1,302 | |
| – | minus 10.2% | +7.6% | minus 12.5% | |
| 1,406 | 1,209 | 1,301 | 1,154 | |
| 135 | 173 | 186 | 148 | |
| 8.8% | 12.5% | 12.5% | 11.4% | |
| 15.1 | 3.3 | 3.4 | 27.4 | |
| 61.6 | 59.5 | 58 | 42.5 | |
| 15.5 | 13.9 | 14.7 | 19.8 | |
| −0.5 | 0.1 | 546 | 74.7 | |
| 72.4 | 103 | 663 | 188 | |
| 23.0% | 25.0% | 15.9% | 24.8% | |
| 55.7 | 77.6 | 558 | 141 | |
| – | +39.4% | +618.9% | minus 74.7% | |
| 11.50 | 15.00 | 105.93 | 26.79 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 9.7 | 10.5 | 10.5 | 10.5 | |
| 686 | 819 | 1,366 | 1,474 | |
| 633 | 511 | 458 | 417 | |
| 852 | 741 | 902 | 902 | |
| 2,181 | 2,081 | 2,736 | 2,804 | |
| 108 | 111 | 148 | 142 | |
| 0.2 | 1.6 | 1.4 | 1.3 | |
| 9.3 | 10.9 | 10.7 | 9.3 | |
| 14.8 | 99.3 | 198 | 448 | |
| 2,049 | 1,858 | 2,378 | 2,203 | |
| 2,181 | 2,081 | 2,736 | 2,804 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 19.4 | 213 | 204 | 294 | |
| 11.4 | −67.9 | −67 | −151 | |
| −62.3 | −37.3 | −108 | −106 | |
| −31.4 | 108 | 28.9 | 36.9 | |
| −2.2 | −4.7 | −54.7 | −121 | |
| 17.2 | 208 | 149 | 172 | |
| −9.7 | −5.5 | −8 | −30.5 |
Shareholding pattern
- Promoters72.34%
- Public27.66%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 72.34% | 27.66% | 0.00 | |
| 30 Jun 2026 | 72.34% | 27.66% | 0.00 | |
| 31 Mar 2026 | 72.34% | 27.66% | 0.00 | |
| 31 Dec 2025 | 72.34% | 27.66% | 0.00 | |
| 30 Sep 2025 | 72.34% | 27.66% | – |
Major shareholders
Filings & events
News
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