Swastik Pipe Ltd

Swastik Pipe Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Swastik Pipe Ltd

₹ 23.8 -4.60%
12 Dec - close price
swastikpipes.com NSE - SME: SWASTIK
About

Incorporated in 1973, Swastik Pipe Ltd is a manufacturer and exporter of ERW Black and Galvanized Pipes, Line Pipes,
and Tubes[1]

Key Points

Business Overview:[1]
SPL is an APIQ1 and ISO 9001:2000 certified manufacturer and exporter of T.T. Swastik Brand high-quality Mild Steel /Carbon steel ERW Black and Galvanized pipes /Tubes in various shapes and sizes such as square, round, rectangular, triangular, and elliptical or any special shapes

Website NSE - SM
  • Market Cap ₹ 55.4 Cr.
  • Current Price ₹ 23.8
  • High / Low ₹ 64.9 / 23.5
  • Stock P/E
  • Book Value ₹ 84.6
  • Dividend Yield 0.00 %
  • ROCE 4.26 %
  • ROE -3.45 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Stock is trading at 0.28 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 2.19% over past five years.
  • Company has a low return on equity of 1.05% over last 3 years.
  • Promoters have pledged or encumbered 38.1% of their holding.
  • Promoter holding has decreased over last 3 years: -23.8%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Industrials Capital Goods Industrial Products Iron & Steel Products

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Half Yearly Results

Figures in Rs. Crores

Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024 Mar 2025 Sep 2025
282 327 313 398 363 366 367 380 240
269 314 305 379 346 354 351 377 252
Operating Profit 13 13 8 19 17 12 15 4 -11
OPM % 5% 4% 3% 5% 5% 3% 4% 1% -5%
1 18 3 3 0 1 0 1 11
Interest 9 10 8 8 9 8 10 13 13
Depreciation 2 2 2 2 3 3 2 3 3
Profit before tax 2 19 1 12 6 1 3 -13 -16
Tax % -108% -19% 29% 25% 25% 27% 25% -24% -38%
5 23 0 9 4 1 2 -10 -10
EPS in Rs 38.00 13.55 0.27 3.71 1.76 0.44 0.99 -4.09 -4.17
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2008 Mar 2009 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
444 504 721 653 519 607 709 728 728 621
426 483 691 644 491 581 682 699 709 628
Operating Profit 18 20 30 10 28 26 27 29 19 -8
OPM % 4% 4% 4% 1% 5% 4% 4% 4% 3% -1%
1 4 5 3 2 19 6 1 1 12
Interest 12 15 25 29 23 19 16 18 24 26
Depreciation 2 2 4 4 4 4 5 5 6 6
Profit before tax 6 7 6 -21 2 22 12 7 -9 -28
Tax % 34% 38% 26% -33% 35% -29% 26% 26% -24%
4 4 5 -14 1 28 9 5 -7 -19
EPS in Rs 49.58 54.39 50.86 -150.96 16.19 16.46 3.90 2.21 -3.11 -8.26
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 2%
3 Years: 6%
TTM: -15%
Compounded Profit Growth
10 Years: %
5 Years: 8%
3 Years: %
TTM: -937%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: -33%
1 Year: -57%
Return on Equity
10 Years: %
5 Years: 3%
3 Years: 1%
Last Year: -3%

Balance Sheet

Figures in Rs. Crores

Mar 2008 Mar 2009 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 8 8 9 9 9 17 23 23 23 23
Reserves 30 34 84 71 72 125 185 190 183 173
73 85 200 197 196 114 111 113 126 131
43 40 62 60 59 86 77 121 193 98
Total Liabilities 155 168 356 337 336 341 396 447 525 426
27 31 73 73 71 68 71 80 85 83
CWIP 3 3 0 0 0 2 3 4 2 7
Investments 0 0 0 0 0 0 0 0 0 0
125 134 283 263 265 272 322 363 438 336
Total Assets 155 168 356 337 336 341 396 447 525 426

Cash Flows

Figures in Rs. Crores

Mar 2008 Mar 2009 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-23 36 25 47 -22 26 24
-2 -4 -2 15 -8 -15 -8
8 -32 -24 -62 38 -16 -10
Net Cash Flow -17 -0 -0 0 8 -5 6

Ratios

Figures in Rs. Crores

Mar 2008 Mar 2009 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 27 35 65 69 104 88 84 83 91
Inventory Days 75 53 58 57 56 47 46 60 71
Days Payable 30 25 26 29 39 49 37 58 98
Cash Conversion Cycle 72 63 98 97 121 87 94 85 65
Working Capital Days 68 67 40 29 54 57 82 76 63
ROCE % 19% 3% 9% 9% 10% 8% 4%

Shareholding Pattern

Numbers in percentages

Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025
64.51% 64.51% 64.51% 64.51% 64.51% 64.51%
0.34% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.36% 0.15% 0.00% 0.00% 0.00%
35.15% 35.13% 35.33% 35.49% 35.49% 35.49%
No. of Shareholders 1,2279411,2281,4031,3611,391

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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