HARIOMPIPE vs USHAMART: Stock Comparison
USHA MARTIN is the larger company by market capitalisation. HARIOM PIPE INDUSTRIES L shows a lower P/E and faster revenue growth, while USHA MARTIN shows a higher ROE, a higher dividend yield and lower leverage. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.
Metric snapshot
HARIOMPIPE leads 7; USHAMART leads 6 of 13
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Valuation lens
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✓ marks the usual favourable reading; it is not a recommendation.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | HARIOMPIPE | USHAMART |
|---|---|---|
| Sector | Capital Goods | Capital Goods |
| Industry | Iron & Steel Products | Iron & Steel Products |
Price
| Metric | HARIOMPIPE | USHAMART |
|---|---|---|
| Live Price | ₹359.2 | ₹494.5 |
| Day Change | -0.72% | -0.25% |
| Volume | 66,567 | 16.08 L |
| 52-Week High | ₹572.2 | ₹529.3 |
| 52-Week Low | ₹268.05 | ₹379.05 |
| Distance from 52W High | -37.22% | -6.57% |
Valuation
| Metric | HARIOMPIPE | USHAMART |
|---|---|---|
| Market Cap | ₹1,116 Cr | ₹15,069 Cr |
| P/E Ratio | 16.44x | 29.72x |
| P/B Ratio | 1.75x | 4.56x |
| EPS | ₹5.37 | ₹3.2 |
| Book Value | ₹209.65 | ₹108.36 |
| Dividend Yield | 0.17% | 0.76% |
Growth
| Metric | HARIOMPIPE | USHAMART |
|---|---|---|
| Revenue Growth (TTM YoY) | 26.9% | 9.3% |
| EPS Growth (TTM YoY) | 74.6% | 45.8% |
| Qtr Sales Growth | 0% | -37.8% |
| Qtr Profit Growth | -4.41% | -31.29% |
Profitability & Leverage
| Metric | HARIOMPIPE | USHAMART |
|---|---|---|
| ROE | 11.73% | 21.13% |
| ROCE | 11.2% | 22.72% |
| Net Margin | 4.54% | 12.43% |
| Operating Margin | 9.44% | 21.68% |
| Debt to Equity | 0.57x | 0x |
Shareholding
As of Jun 2026 • change vs previous quarter| Metric | HARIOMPIPE | USHAMART |
|---|---|---|
| Promoter Holding | 57.26% | 29.31%▼ 0.01 pp |
| FII Holding | 10.25%▲ 0.76 pp | 15.1%▲ 0.34 pp |
| DII Holding | 0.07%▲ 0.01 pp | 15.26%▲ 0.45 pp |
| Public Holding | 32.42%▼ 0.77 pp | 29.25%▼ 0.55 pp |
How to Read This Comparison
Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.
Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: HARIOM PIPE INDUSTRIES L and USHA MARTIN.
Related Comparisons
Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.

