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Indian Hume Pipe Co. Ltd.
(INDIANHUME)
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Rating:65Neutral
Price Target:
₹379.00
▼(-1.65% Downside)
Action:Reiterated
Date:07/14/26
The score is driven mainly by solid financial footing (notably improved leverage) but tempered by volatile profitability and uneven cash conversion. Technicals add support due to a strong uptrend, though overbought signals raise near-term risk. Valuation is reasonable on earnings (P/E ~15.36) but the dividend yield is modest.
Positive Factors
Improved Balance Sheet
Debt-to-equity has fallen from roughly 0.9 in 2021–2023 to about 0.28 in 2026, materially strengthening financial flexibility. Lower leverage can reduce balance-sheet strain and leave more capacity to fund water-infrastructure orders and manage project cycles.
Negative Factors
Revenue Contraction
Revenue declined about 9.6% in 2026 after modest growth in 2025, signaling that top-line expansion has not been consistent. Persistent weakness could reduce operating scale and make earnings more sensitive to individual infrastructure contract awards.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved Balance Sheet
Debt-to-equity has fallen from roughly 0.9 in 2021–2023 to about 0.28 in 2026, materially strengthening financial flexibility. Lower leverage can reduce balance-sheet strain and leave more capacity to fund water-infrastructure orders and manage project cycles.
Read all positive factors
Indian Hume Pipe Co. Ltd. (INDIANHUME) vs. iShares MSCI India ETF (INDA)
Market Cap
₹18.72B
Dividend Yield1.41%
Average Volume (3M)3.34K
Price to Earnings (P/E)13.0
Beta (1Y)1.60
Revenue Growth-9.31%
EPS Growth-73.99%
CountryIN
Employees1,157
SectorGeneral
Sector StrengthN/A
IndustryEngineering & Construction
Share Statistics
EPS (TTM)27.11
Shares Outstanding52,681,770
10 Day Avg. Volume3,116
30 Day Avg. Volume3,340
Financial Highlights & Ratios
PEG Ratio-0.14
Price to Book (P/B)1.00
Price to Sales (P/S)1.14
P/FCF Ratio9.54
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)27.6
Revenue Forecast (FY)₹14.14B
Indian Hume Pipe Co. Ltd. Business Overview & Revenue Model
Company Description
The Indian Hume Pipe Company Limited operates as an Indian construction contractor, primarily focusing on the manufacturing, installation, and connection of various pipeline systems. The company plays a crucial role in vital infrastructure project...
How the Company Makes Money
The company primarily makes money through (1) sale and supply of manufactured infrastructure products and (2) contract execution for water and pipeline-related projects.
1) Product sales (manufacturing-led revenue): INDIANHUME manufactures and su...
Indian Hume Pipe Co. Ltd. Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
72
Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 13.01B | 13.06B | 14.91B | 13.89B | 15.43B | 15.16B |
| Gross Profit | 1.69B | 1.72B | 3.42B | 3.02B | 2.56B | 2.63B |
| EBITDA | 1.64B | 1.46B | 7.40B | 1.77B | 1.49B | 1.48B |
| Net Income | 1.43B | 1.41B | 5.58B | 776.28M | 557.03M | 577.90M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 28.04B | 27.36B | 20.81B | 21.81B | 19.73B |
| Cash, Cash Equivalents and Short-Term Investments | 8.11B | 8.67B | 6.19B | 725.32M | 148.41M | 99.46M |
| Total Debt | 0.00 | 4.17B | 4.58B | 5.11B | 6.33B | 5.87B |
| Total Liabilities | -14.84B | 13.19B | 13.60B | 12.52B | 14.86B | 13.23B |
| Stockholders Equity | 14.84B | 14.84B | 13.77B | 8.29B | 6.95B | 6.50B |
Cash Flow | ||||||
| Free Cash Flow | -150.00M | 1.55B | 1.49B | 2.08B | 172.11M | 513.23M |
| Operating Cash Flow | -73.44M | 2.77B | 2.04B | 2.13B | 194.35M | 558.88M |
| Investing Cash Flow | 67.21M | -1.81B | -669.22M | -678.50M | 114.12M | -147.23M |
| Financing Cash Flow | -315.17M | -586.64M | -1.08B | -372.82M | -622.84M | -925.87M |
Indian Hume Pipe Co. Ltd. Technical Analysis
Negative
385.35
Price Trends
377.11
Negative
352.63
Negative
354.66
Negative
Market Momentum
-6.54
Positive
40.43
Neutral
27.84
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:INDIANHUME, the sentiment is Negative. The current price of 385.35 is above the 20-day moving average (MA) of 368.18, above the 50-day MA of 377.11, and above the 200-day MA of 354.66, indicating a bearish trend. The MACD of -6.54 indicates Positive momentum. The RSI at 40.43 is Neutral, neither overbought nor oversold. The STOCH value of 27.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:INDIANHUME.
Indian Hume Pipe Co. Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ₹7.13B | 13.26 | ― | 0.94% | 9.36% | -14.51% | |
73 Outperform | ₹34.19B | 9.20 | ― | 0.86% | -2.47% | -6.60% | |
65 Neutral | ₹18.72B | 13.01 | ― | 1.41% | -9.31% | -73.99% | |
56 Neutral | ₹30.49B | 1.22 | ― | 0.65% | -24.59% | 39.70% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | ₹13.76B | 15.25 | ― | 0.39% | 37.86% | 57.21% | |
52 Neutral | ₹31.13B | 28.19 | ― | 0.31% | 44.77% | 231.43% |
* General Sector Average
IN:INDIANHUME
Indian Hume Pipe Co. Ltd.
352.25
-10.21
-2.82%
IN:ASHOKA
Ashoka Buildcon Limited
107.85
-78.85
-42.23%
IN:JKIL
J. Kumar Infraprojects Limited
462.80
-177.18
-27.68%
IN:PSPPROJECT
PSP Projects Ltd
766.40
12.70
1.69%
IN:SPMLINFRA
SPML Infra Limited
162.30
-76.70
-32.09%
IN:DENTA
Denta Water and Infra Solutions Limited
266.00
-182.11
-40.64%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.