Swastik Pipe Ltd

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

Swastik Pipe Ltd

₹ 56.2 1.91%
22 Nov - close price
Company website 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 ₹ 130 Cr.
  • Current Price ₹ 56.2
  • High / Low ₹ 109 / 52.0
  • Stock P/E 39.3
  • Book Value ₹ 92.9
  • Dividend Yield 0.00 %
  • ROCE 7.57 %
  • ROE 2.41 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Stock is trading at 0.60 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 0.04% over past five years.
  • Company has a low return on equity of 5.17% over last 3 years.
  • Promoters have pledged 38.1% of their holding.

* 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

Sector: Steel Industry: Steel - Medium / Small

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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
282 327 313 398 363 362 367
269 314 305 379 346 354 351
Operating Profit 13 13 8 19 17 8 15
OPM % 5% 4% 3% 5% 5% 2% 4%
1 18 3 3 0 5 0
Interest 9 10 8 8 9 8 10
Depreciation 2 2 2 2 3 3 2
Profit before tax 2 19 1 12 6 1 3
Tax % -108% -19% 29% 25% 25% 27% 25%
5 23 0 9 4 1 2
EPS in Rs 38.00 13.55 0.27 3.71 1.76 0.44 0.99
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2008 Mar 2009 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
444 504 721 653 518 607 709 723 729
426 483 691 644 491 581 682 699 705
Operating Profit 18 20 30 10 28 26 27 24 23
OPM % 4% 4% 4% 1% 5% 4% 4% 3% 3%
1 4 5 3 2 19 6 6 5
Interest 12 15 25 29 23 19 16 18 18
Depreciation 2 2 4 4 4 4 5 5 5
Profit before tax 6 7 6 -21 2 22 12 7 4
Tax % 34% 38% 26% -33% 35% -29% 26% 26%
4 4 5 -14 1 28 9 5 3
EPS in Rs 49.58 54.39 50.86 -150.96 16.19 16.46 3.90 2.21 1.43
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 0%
3 Years: 12%
TTM: -4%
Compounded Profit Growth
10 Years: %
5 Years: 8%
3 Years: 50%
TTM: -74%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -42%
Return on Equity
10 Years: %
5 Years: 2%
3 Years: 5%
Last Year: 2%

Balance Sheet

Figures in Rs. Crores

Mar 2008 Mar 2009 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 8 8 9 9 9 17 23 23 23
Reserves 30 34 84 71 72 125 185 190 193
73 85 200 197 196 114 111 113 112
43 40 62 60 59 86 77 120 126
Total Liabilities 155 168 356 337 336 341 396 446 453
27 31 73 73 71 68 71 80 78
CWIP 3 3 0 0 0 2 3 4 8
Investments 0 0 0 0 0 0 0 0 0
125 134 283 263 265 272 322 362 367
Total Assets 155 168 356 337 336 341 396 446 453

Cash Flows

Figures in Rs. Crores

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

Ratios

Figures in Rs. Crores

Mar 2008 Mar 2009 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 27 35 65 69 104 88 84 83
Inventory Days 75 53 58 57 56 47 46 60
Days Payable 30 25 26 29 39 49 37 58
Cash Conversion Cycle 72 63 98 97 121 87 94 85
Working Capital Days 68 67 110 107 138 106 119 117
ROCE % 19% 3% 9% 9% 10% 8%

Shareholding Pattern

Numbers in percentages

Mar 2023Sep 2023Mar 2024Sep 2024
64.51% 64.51% 64.51% 64.51%
0.34% 0.00% 0.00% 0.00%
0.00% 0.36% 0.15% 0.00%
35.15% 35.13% 35.33% 35.49%
No. of Shareholders 1,2279411,2281,403

* 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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