HARIOMPIPE vs VSSL: Stock Comparison

HARIOM PIPE INDUSTRIES L vs VARDHMAN SPC STEELUpdated 11 Sept 26, 4:08 PM ISTNSE & company filings

VARDHMAN SPC STEEL is the larger company by market capitalisation. HARIOM PIPE INDUSTRIES L shows a lower P/E, a higher ROE and faster revenue growth, while VARDHMAN SPC STEEL shows a higher dividend yield, lower leverage and a higher net margin. 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 9; VSSL leads 4 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.

HARIOMPIPEVSSL

Valuation lens

What price are you paying?

Market CapContext only
₹1,116 Cr
₹3,848 Cr
P/E RatioHARIOMPIPE has the lower reading
16.44x
195.07x
P/B RatioHARIOMPIPE has the lower reading
1.75x
4.82x
EPSHARIOMPIPE has the higher reading
₹5.37
₹4.26
Book ValueContext only
₹209.65
₹82.53
Dividend YieldVSSL has the higher reading
0.17%
0.88%

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

Key Differences

Market Cap
VSSL is the larger company
₹3,848 Cr vs ₹1,116 Cr
P/E Ratio
HARIOMPIPE has a lower P/E
16.44x vs 195.07x
P/B Ratio
HARIOMPIPE has a lower P/B
1.75x vs 4.82x
EPS
HARIOMPIPE has higher earnings per share
₹5.37 vs ₹4.26
Dividend Yield
VSSL has a higher dividend yield
0.88% vs 0.17%
Revenue Growth (TTM YoY)
HARIOMPIPE has faster revenue growth
26.9% vs 7%
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 -72.3%

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

Profile

MetricHARIOMPIPEVSSL
SectorCapital GoodsCapital Goods
IndustryIron & Steel ProductsIron & Steel Products

Price

MetricHARIOMPIPEVSSL
Live Price₹359.2₹397.45
Day Change-0.72%1.39%
Volume66,5676.21 L
52-Week High₹572.2₹423.85
52-Week Low₹268.05₹206.4
Distance from 52W High-37.22%-6.23%

Valuation

MetricHARIOMPIPEVSSL
Market Cap₹1,116 Cr₹3,848 Cr
P/E Ratio16.44x195.07x
P/B Ratio1.75x4.82x
EPS₹5.37₹4.26
Book Value₹209.65₹82.53
Dividend Yield0.17%0.88%

Growth

MetricHARIOMPIPEVSSL
Revenue Growth (TTM YoY)26.9%7%
EPS Growth (TTM YoY)74.6%45.8%
Qtr Sales Growth0%-72.3%
Qtr Profit Growth-4.41%-66.25%

Profitability & Leverage

MetricHARIOMPIPEVSSL
ROE11.73%9.55%
ROCE11.2%9.53%
Net Margin4.54%6.96%
Operating Margin9.44%10.03%
Debt to Equity0.57x0.07x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricHARIOMPIPEVSSL
Promoter Holding57.26%51.06%
FII Holding10.25% 0.76 pp0.55%
DII Holding0.07% 0.01 pp3.27% 0.07 pp
Public Holding32.42% 0.77 pp45.12% 0.07 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 VARDHMAN SPC STEEL.

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.