Indian Hume Pipe Reports 95% Drop in Q4 Profit Amid Revenue Decline
Indian Hume Pipe slides as Q4 PAT tanks 95% YoY to Rs 23 cr
Business Standard
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Indian Hume Pipe Company's net profit plummeted 95.39% to ₹22.98 crore in Q4 March 2026, driven by a 10.40% decrease in revenue to ₹351.29 crore. Despite this, the company reported a 14.02% increase in EBIDTA. A ₹5 per share dividend was proposed to celebrate its 100th anniversary, pending shareholder approval.
- 01The company's profit before tax fell 94.46% year-on-year to ₹32.47 crore in Q4 March 2026.
- 02Total expenses decreased by 7.52% to ₹392.74 crore during the same quarter.
- 03Raw material costs declined by 8.06% to ₹35.10 crore, while employee costs slightly increased by 0.10% to ₹29.46 crore.
- 04The board recommended a total dividend of ₹5 per equity share, including a special dividend to mark the company's centenary.
- 05Indian Hume Pipe was incorporated in 1926 and specializes in pipeline manufacturing and infrastructure development.
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Indian Hume Pipe Company experienced a significant decline in its financial performance for the fourth quarter ending March 2026, with net profit decreasing by 95.39% to ₹22.98 crore compared to the same quarter last year. This drop was accompanied by a 10.40% decline in revenue from operations, which totaled ₹351.29 crore. Despite the profit slump, the company reported an EBIDTA of ₹49.24 crore, reflecting a 14.02% increase from ₹59.10 crore in the previous year's quarter. The profit before tax also saw a steep decline, dropping 94.46% to ₹32.47 crore. Total expenses for the quarter fell by 7.52% to ₹392.74 crore, with raw material costs decreasing by 8.06% to ₹35.10 crore. Employee costs saw a slight rise of 0.10% to ₹29.46 crore. In a bid to celebrate its 100th anniversary, the board of directors proposed a total dividend of ₹5 per equity share, which includes a normal dividend of ₹2 and a special dividend of ₹3, pending approval at the upcoming Annual General Meeting.
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The significant drop in profit may affect investor confidence and could influence future funding and operational decisions.
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