HARIOMPIPE vs USHAMART: Stock Comparison

HARIOM PIPE INDUSTRIES L vs USHA MARTINUpdated 11 Sept 26, 4:08 PM ISTNSE & company filings

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

Not a rating

Interactive comparison

Compare the numbers that shape the decision

Every row uses its own scale. Switch lenses to compare like with like.

HARIOMPIPEUSHAMART

Valuation lens

What price are you paying?

Market CapContext only
₹1,116 Cr
₹15,069 Cr
P/E RatioHARIOMPIPE has the lower reading
16.44x
29.72x
P/B RatioHARIOMPIPE has the lower reading
1.75x
4.56x
EPSHARIOMPIPE has the higher reading
₹5.37
₹3.2
Book ValueContext only
₹209.65
₹108.36
Dividend YieldUSHAMART has the higher reading
0.17%
0.76%

✓ marks the usual favourable reading; it is not a recommendation.

Key Differences

Market Cap
USHAMART is the larger company
₹15,069 Cr vs ₹1,116 Cr
P/E Ratio
HARIOMPIPE has a lower P/E
16.44x vs 29.72x
P/B Ratio
HARIOMPIPE has a lower P/B
1.75x vs 4.56x
EPS
HARIOMPIPE has higher earnings per share
₹5.37 vs ₹3.2
Dividend Yield
USHAMART has a higher dividend yield
0.76% vs 0.17%
Revenue Growth (TTM YoY)
HARIOMPIPE has faster revenue growth
26.9% vs 9.3%
EPS Growth (TTM YoY)
HARIOMPIPE has faster EPS growth
74.6% vs 45.8%
Qtr Sales Growth
HARIOMPIPE has stronger quarterly sales growth
0% vs -37.8%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricHARIOMPIPEUSHAMART
SectorCapital GoodsCapital Goods
IndustryIron & Steel ProductsIron & Steel Products

Price

MetricHARIOMPIPEUSHAMART
Live Price₹359.2₹494.5
Day Change-0.72%-0.25%
Volume66,56716.08 L
52-Week High₹572.2₹529.3
52-Week Low₹268.05₹379.05
Distance from 52W High-37.22%-6.57%

Valuation

MetricHARIOMPIPEUSHAMART
Market Cap₹1,116 Cr₹15,069 Cr
P/E Ratio16.44x29.72x
P/B Ratio1.75x4.56x
EPS₹5.37₹3.2
Book Value₹209.65₹108.36
Dividend Yield0.17%0.76%

Growth

MetricHARIOMPIPEUSHAMART
Revenue Growth (TTM YoY)26.9%9.3%
EPS Growth (TTM YoY)74.6%45.8%
Qtr Sales Growth0%-37.8%
Qtr Profit Growth-4.41%-31.29%

Profitability & Leverage

MetricHARIOMPIPEUSHAMART
ROE11.73%21.13%
ROCE11.2%22.72%
Net Margin4.54%12.43%
Operating Margin9.44%21.68%
Debt to Equity0.57x0x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricHARIOMPIPEUSHAMART
Promoter Holding57.26%29.31% 0.01 pp
FII Holding10.25% 0.76 pp15.1% 0.34 pp
DII Holding0.07% 0.01 pp15.26% 0.45 pp
Public Holding32.42% 0.77 pp29.25% 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.

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.