Hariom Pipe Industries Balance Sheet Health
Financial Health criteria checks 4/6
Hariom Pipe Industries has a total shareholder equity of ₹6.5B and total debt of ₹3.8B, which brings its debt-to-equity ratio to 58%. Its total assets and total liabilities are ₹12.2B and ₹5.7B respectively. Hariom Pipe Industries's EBIT is ₹1.4B making its interest coverage ratio 2.7. It has cash and short-term investments of ₹28.9M.
Key information
57.99%
Debt to equity ratio
₹3.77b
Debt
| Interest coverage ratio | 2.7x |
| Cash | ₹28.94m |
| Equity | ₹6.49b |
| Total liabilities | ₹5.71b |
| Total assets | ₹12.20b |
Recent financial health updates
Does Hariom Pipe Industries (NSE:HARIOMPIPE) Have A Healthy Balance Sheet?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Hariom Pipe Industries (NSE:HARIOMPIPE) Takes On Some Risk With Its Use Of Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Does Hariom Pipe Industries (NSE:HARIOMPIPE) Have A Healthy Balance Sheet?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Hariom Pipe Industries (NSE:HARIOMPIPE) Seems To Use Debt Quite Sensibly
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Recent updates
Financial Position Analysis
Short Term Liabilities: HARIOMPIPE's short term assets (₹6.4B) exceed its short term liabilities (₹3.8B).
Long Term Liabilities: HARIOMPIPE's short term assets (₹6.4B) exceed its long term liabilities (₹1.9B).
Debt to Equity History and Analysis
Debt Level: HARIOMPIPE's net debt to equity ratio (57.5%) is considered high.
Reducing Debt: HARIOMPIPE's debt to equity ratio has reduced from 113.3% to 58% over the past 5 years.
Debt Coverage: HARIOMPIPE's debt is well covered by operating cash flow (51%).
Interest Coverage: HARIOMPIPE's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/30 20:14 |
| End of Day Share Price | 2026/06/30 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Hariom Pipe Industries Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.