Indian Hume Pipe Co.

What Indian Hume Pipe Co. does

Indian Hume Pipe Company Limited (NSE: INDIANHUME) is a Mumbai-headquartered, publicly listed manufacturer of concrete and steel pipes and turnkey infrastructure project contractor, founded in 1926 by Walchand Hirachand. The company operates 19 factories across 8 Indian states and is positioned as the single largest manufacturer of concrete pressure pipes in India. Its core product portfolio spans six pipe categories — Prestressed Concrete Pipes (PSC) introduced in 1956 in collaboration with Rocla Pipes Australia, Prestressed Concrete Cylinder Pipes (PCCP), Bar Wrapped Steel Cylinder Pipes (BWSC), Mild Steel Pipes (MS) introduced in 1932, Reinforced Cement Concrete Pipes (RCC, diameters 900mm to 2600mm), and Penstock Pipes for hydroelectric projects fabricated under 1958 Swiss technology collaboration with Giovanola Freres SA, Zehokke SA, and Chicago Bridge & Iron. The company also manufactures Prestressed Concrete Monoblock Sleepers for Indian Railways, with approximately 2.75 million sleepers in service.

Revenue is generated through three streams on contract-based, project-bid pricing: (i) EPC and BOT turnkey project execution for water supply, drainage/sewerage, irrigation, and power infrastructure, (ii) direct pipe sales to government departments and private infrastructure firms, and (iii) railway sleeper supply. The business model is entirely B2B and project-based, with no consumer distribution; go-to-market is enterprise field sales targeting state and central government departments through competitive tendering and Letters of Intent/Acceptance from public health engineering departments, water supply & sewerage boards, irrigation development corporations, municipal corporations, NHPC, NTPC, and Indian Railways. Order flow is dominated by large multi-year contracts — recent wins include Rs 738.61 crore from PHED Rajasthan (JICA-funded), Rs 461 crore from Maharashtra irrigation JVs, and Rs 458.69 crore from PHME Hyderabad — typically structured with 24–48 month construction timelines and 5–10 year O&M obligations. Cumulative installed base exceeds 7,279 km of PSC pipes, 2,111 km of MS pipes, 1,200 km of BWSC pipes, and 1,35,195 MT of penstock pipes across 1,300+ projects. Ownership is concentrated with the Doshi family (promoter holding 72.34%) through IHP Finvest Limited, with Rajas R. Doshi as Chairman & Managing Director since 1988.

Name

Indian Hume Pipe Co.

Legal name

THE INDIAN HUME PIPE COMPANY LIMITED

Website

https://indianhumepipe.com

Company type

Public

Founded year

1926

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Indian Hume Pipe Company Limited is a 1926-founded, Mumbai-headquartered publicly listed manufacturer of concrete and steel pipes, executing turnkey EPC water supply, irrigation, drainage, and power infrastructure projects for Indian central and state government clients.

Ownership category

akta.pro rank

Product category

Water Infrastructure & Pipe Manufacturing

NAICS

Water and Sewer Line and Related Structures Construction (23711), Iron and Steel Pipe and Tube Manufacturing from Purchased Steel (33121), Concrete Pipe Manufacturing (327332), Utility System Construction (2371)

SIC

Water, Sewer, Pipeline, Comm & Power Line Construction (1623), Steel Pipe & Tubes (3317), Heavy Construction Other Than Bldg Const - Contractors (1600)

akta.pro primary industry

Water & Wastewater Pipeline Construction (Mains, Force Mains, Interceptors) (IMAFAGAC)

akta.pro secondary industries

Pipes & Tubing (Metal, Plastic & Composite) (IMADALAC), Hydro BOP Civil & Water Conveyance (Dams, Spillways, Penstocks, Canals) (EUAMAFAG), Pump Stations, Lift Stations & Booster Stations Construction (IMAFAGAD)

Keywords

• Concrete pipe manufacturing
• Water supply infrastructure
• Prestressed concrete pipes
• Penstock fabrication
• Turnkey pipeline projects

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices10 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. EPC/BOT Project Execution: The company executes EPC (Engineering, Procurement, Construction) and BOT (Build-Operate-Transfer) projects in water supply, drainage, irrigation, and power generation. Projects involve intake wells, pumping stations, water treatment plants, transmission mains, reservoirs, and commissioning. The company has a competitive advantage as a pipe manufacturer not having to rely on external suppliers.
2. Pipe Manufacturing and Sales: Manufacturing and sale of various concrete and steel pipes including PSC, PCCP, BWSC, MS, and RCC pipes. Products are sold to government departments, local bodies, and private sector clients for water supply, drainage, irrigation, and industrial applications.
3. Concrete Railway Sleepers: Manufacturing and supply of Prestressed Concrete Monoblock Sleepers for railways, introduced in 1970. Approximately 2.75 million IHP Sleepers are in service on Indian Railways.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Indian Hume Pipe Co. (IHP) manufactures and markets a comprehensive range of concrete and steel pipes including Prestressed Concrete Pipes (PSC), Prestressed Concrete Cylinder Pipes (PCCP), Bar Wrapped Steel Cylinder Pipes (BWSC), Mild Steel Pipes, Reinforced Cement Concrete Pipes (RCC/Hume Pipes), and Penstock Pipes for hydroelectric projects, alongside Prestressed Concrete Railway Sleepers. The company also executes turnkey EPC and BOT projects for water supply, drainage/sewerage, and power generation infrastructure across India.

Product overview

Indian Hume Pipe Co. is a pipe manufacturing and infrastructure execution company offering a comprehensive portfolio of concrete and steel pipe products along with turnkey project services. The core product line includes six types of pipes: Prestressed Concrete Pipes (PSC), Prestressed Concrete Cylinder Pipes (PCCP), Bar Wrapped Steel Cylinder Pipes (BWSC), Steel Pipes (MS), Reinforced Cement Concrete Pipes (RCC), and Penstock Pipes for hydroelectric applications. Additionally, the company manufactures Prestressed Concrete Railway Sleepers. The company also operates a discontinued Sports Rifles division. Services include turnkey water supply, drainage/sewerage, and power infrastructure project execution. The company operates over 19 factories across 8 states in India with over 100 projects under execution.

Differentiator

Problem solved

Functional benefit

Products and services

• Prestressed Concrete Pipe (PSC) High-strength concrete pressure pipe introduced in 1956 via technical collaboration with Rocla Pipes, Australia; used for water transmission mains, distribution, lift irrigation, cooling water lines, and sewer systems for government and private infrastructure clients.
• Prestressed Concrete Cylinder Pipe (PCCP) Steel cylinder pipe with centrifugally cast concrete core wrapped with high-strength prestressing wire; optimizes steel usage through composite action for high-pressure water transmission applications.
• Bar Wrapped Steel Cylinder Pipe (BWSC) Thin steel cylinder pipe with hydraulically tested joint rings, cement mortar lining, and helically wrapped MS bar/wire under controlled tension, finished with cement mortar coating via high impaction; offers structural integrity for water infrastructure.
• Steel Pipes (MS) Steel pipes manufactured since 1932 with centrifugal concrete lining for anti-corrosive protection; suitable for pressure ranges above 20 kg/cm2 including exposed and under-sea pipelines.
• Reinforced Cement Concrete Pipe (RCC / Hume Pipe) High-quality concrete pipes (Hume Pipes) manufactured to IS 458-1988 in diameters from 900mm to 2600mm with flexible joints, used for water supply, drainage, and sewerage infrastructure.
• Penstock Pipe High-pressure steel pipelines for hydro-electric projects carrying water from storage reservoirs to turbines; fabricated with specialized components such as expansion joints, wye pieces, and bulkheads.
• Prestressed Concrete Railway Sleepers Monoblock prestressed concrete sleepers manufactured using long line system for Indian Railways track modernization and new line construction; estimated 50+ years life versus 15 years for timber.
• Water Supply Turnkey Projects End-to-end EPC execution for drinking water and irrigation water supply projects including intake wells, pumping stations, water treatment plants, transmission mains, reservoirs, and distribution networks for state governments and municipal bodies.
• Drainage and Sewerage Turnkey Projects Setup of sewer and drainage pipelines for cities and towns including pumping stations, manhole construction, pipe jacking, and precast concrete pipe installation for municipal sewerage and drainage infrastructure.
• Power Turnkey Projects Design, fabrication, and installation of penstock pipes for hydro-electric projects and cooling water pipelines for thermal power plants; over 135,000 MT of steel penstock installed across more than 50 hydroelectric projects.

Quantifiable outcome

• Over 7,279 km of Prestressed Concrete Pipes successfully installed in 700 projects
• +4 more outcomes

Named customers11 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core.

• Tapi Irrigation Development CorporationcoreStrategic or Co-development Partner · 1 April 2026Joint venture for execution of Bhagpur Lift Irrigation Scheme (Stage 2) valued at Rs 343 crore in Maharashtra. IHP's share in the JV is part of the Rs 461 crore total order value. Project involves 48-month construction period followed by 5-year operation and maintenance.
• Maharashtra Krishna Valley Development CorporationcoreStrategic or Co-development Partner · 1 April 2026Joint venture for execution of Ner Lift Irrigation Scheme valued at Rs 118 crore in Maharashtra. IHP's share in the JV is part of the Rs 461 crore total order value. Project involves 48-month construction period followed by 5-year operation and maintenance.
• Public Health Engineering Department (PHED), Government of RajasthancoreImplementation/ SI/ Consulting PartnerLOA received for design and construction of Narmada-based water supply project for 275 villages in Dhorimanna and Chouhtan blocks of Barmer district under JICA-funded Rajasthan Rural Water Supply & Fluorosis Mitigation Project Phase II. Project valued at Rs 738.61 crore with 24-month completion timeline and 10-year O&M.
• Public Health & Municipal Engineering Department, HyderabadcoreImplementation/ SI/ Consulting PartnerOrder received for executing a Water Supply Improvement Scheme in the Greater Warangal Municipal Corporation under UIDF funding. Project valued at Rs 458.69 crore with 24-month completion timeline.

Scale indicators13 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Tata Projects Limited: Tata Group EPC company executing water supply, irrigation, urban infrastructure and industrial projects across India. A broader incumbent than IHP on the EPC side, but competes for many of the same government tenders.
• Larsen & Toubro Limited (L&T): India's largest EPC conglomerate with water, irrigation, hydropower and cross-country pipelines as a small share of a diversified portfolio. Listed as an IHP private-sector customer but also a much larger incumbent competing for the same mega-tenders.

Emerging players

• Surya Roshni Limited: Listed Indian manufacturer of steel pipes and tubes serving water, oil and gas, and structural applications, with a smaller pipe footprint than IHP. Adjacent product peer with comparable end-markets but limited concrete-pipe or EPC overlap.

Direct peers

• Hindustan Construction Company (HCC): Indian heavy civil and water-infrastructure EPC contractor active in dams, hydropower, tunnels, water supply and cross-country pipelines. Compared in IHP data as a private-sector collaborator; overlaps with IHP on turnkey hydro and water-supply contracting.
• Welspun Enterprises Limited: Listed Indian infrastructure company focused on water supply, irrigation and cross-country pipeline EPC projects with in-house pipe procurement. Directly comparable to IHP on the water-infrastructure/EPC dimension, including hybrid-annuity and EPC models.
• Maharashtra Seamless Limited: Listed Indian seamless and welded steel pipe/tube manufacturer serving water transmission, energy, and structural applications. Overlaps with IHP on MS and steel-pipe production, though IHP adds concrete pipe and EPC services.
• NCC Limited: Listed Indian EPC contractor with strong government-order book in water supply, irrigation, and pipeline projects across multiple states. Named as an IHP private-sector client but also a direct competitor in water/irrigation tenders.
• KPC Projects Limited (formerly Karanpur Conchem): Small-cap listed Indian EPC and concrete-pipe manufacturer focused on water supply, sewerage and irrigation projects. Mirrors IHP's combined concrete-pipe + turnkey water-supply model, though at a smaller scale.
• Patel Engineering Limited: Listed Indian EPC contractor with strong presence in hydropower, tunnels, irrigation and water-supply projects. Comparable to IHP on the hydro-civil and irrigation turnkey execution side, especially for penstock-adjacent civil scopes.
• Man Industries (India) Ltd: Listed Indian manufacturer of large-diameter steel pipes (including LSAW, HSAW and ERW) for water transmission, oil and gas, and infrastructure use. Most direct product-side peer to IHP's MS/BWSC pipe manufacturing activities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Indian Hume Pipe Co.