Swastik Pipes Ltd (SWASTIK) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 0 | NSE: SWASTIK | Steel & Iron Products | Small Cap

BSE Share Price
Not Listed

Swastik Pipes Ltd (SWASTIK) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 0 | NSE: SWASTIK | Steel & Iron Products | Small Cap

DeciZen - make an informed investing decision on Swastik Pipes

Based on:

M-Cap below 100cr DeciZen not available

Swastik Pipes stock performance -

Key Ratios
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P/E Ratio (SA):
0.00
Market Cap:
56.9 Cr.
52-wk low:
0
52-wk high:
0

Is Swastik Pipes Ltd an attractive stock to invest in?


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10 Year X-Ray of Swastik Pipes: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Swastik Pipes Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 11.7%12%11%11.2%2.8%9.1%15.3%9.9%7.6%4.3%-
Value Creation
Index
-0.2-0.1-0.2-0.2-0.8-0.40.1-0.3-0.5-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 578628659723656522609711723747747
Sales YoY Gr.-8.6%5%9.7%-9.3%-20.3%16.6%16.9%1.7%3.3%-
Adj EPS 3.74.33.22.8-12.61.48.33.72.2-3.1-3.1
YoY Gr.-17.5%-26.6%-9.8%-544.7%NA497.1%-55.7%-40.5%-242%-
BVPS (₹) 73.577.680.884.972.373.669.589.791.988.888.8
Adj Net
Profit
44.73.53.1-141.516.98.65.1-7.2-7
Cash Flow from Ops. 19.133.424.5-22.635.625.147.2-22.325.923.8-
Debt/CF from Ops. 8.14.76.9-8.95.57.82.4-54.45.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 2.9%2.7%7.1%3.3%
Adj EPS -198.2%NA-172.1%-242%
BVPS2.1%4.2%8.5%-3.4%
Share Price - - -33.2% -58.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
5.15.743.5-16.11.915.24.92.4-3.5-3.5
Op. Profit
Mgn %
4.44.74.14.11.55.34.23.83.32.5NAN
Net Profit
Mgn %
0.70.70.50.4-2.10.32.81.20.7-1-1
Debt to
Equity
21.91.92.12.52.40.80.50.50.6-
Working Cap
Days
1171121251261471791571471661890
Cash Conv.
Cycle
8183828298116928287730

Recent Performance Summary

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Latest Financials - Swastik Pipes Ltd.

Standalone Consolidated
TTM EPS (₹) -3.1 -
TTM Sales (₹ Cr.) 747 -
BVPS (₹.) 88.8 -
Reserves (₹ Cr.) 183 -
P/BV 0.28 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 56.9
Equity (₹ Cr.) 23.2
Face Value (₹) 10
Industry PE 22.7

Management X-Ray of Swastik Pipes:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *38.0938.0938.0938.0938.0938.09
* Pledged shares as % of Promoter's holding (%)

Valuation of Swastik Pipes - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
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Event Update

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Analyst's Notes

data not found
No data found!

Key Ratios of Swastik Pipes

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales577.70627.58658.70722.63655.52522.17608.71711.32723.46747.17
Operating Expenses 552.56598.52631.65692.94645.93494.45582.94684.02699.85728.24
Manufacturing Costs23.7825.6226.7127.6525.1714.8520.4027.3026.7628.30
Material Costs498.01543.58572.65635.53587.18454.91535.92621.65637.24649.39
Employee Cost 10.9113.1715.5315.4717.9010.9112.2715.8316.8018.31
Other Costs 19.8616.1416.7714.2915.6813.7714.3519.2519.0532.24
Operating Profit 25.1429.0727.0529.699.5927.7225.7727.2923.6118.92
Operating Profit Margin (%) 4.4%4.6%4.1%4.1%1.5%5.3%4.2%3.8%3.3%2.5%
Other Income 4.342.954.024.932.551.673.495.826.150.82
Interest 20.2121.7722.2324.5228.8022.8519.0316.3217.5823.52
Depreciation 3.053.493.803.754.144.264.224.615.275.71
Exceptional Items 00000015.64000
Profit Before Tax 6.216.755.046.35-20.802.2821.6512.186.92-9.48
Tax 2.262.291.601.67-6.910.79-6.283.121.79-2.26
Profit After Tax 3.954.463.454.68-13.891.4927.949.065.13-7.22
PAT Margin (%) 0.7%0.7%0.5%0.6%-2.1%0.3%4.6%1.3%0.7%-1.0%
Adjusted EPS (₹)3.74.13.24.2-12.61.413.73.92.2-3.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 79.4384.1488.2393.7079.8181.30141.69208.32213.46206.24
Share Capital 99.039.109.209.209.2016.9823.2323.2323.23
Reserves 70.4275.1079.1384.5070.6172.09124.71185.09190.22183.01
Minority Interest0000000000
Debt148.27148.19169.85195.92193.16194.75106.96103.28102.21113.37
Long Term Debt12.3620.8817.6160.8056.8776.4831.8239.8833.7925.30
Short Term Debt135.91127.31152.24135.12136.29118.2775.1463.4168.4388.06
Trade Payables18.9441.3347.4944.4247.2848.6571.4162.26101.22173.72
Others Liabilities 36.2237.2316.1122.0316.2611.5621.2121.9329.5832.08
Total Liabilities 282.86310.88321.69356.08336.51336.26341.27395.80446.47525.41

Fixed Assets

Gross Block89.96101.85104.89113.79117.97118.73116.63124.06137.78148.81
Accumulated Depreciation30.6933.8037.5540.5944.5947.6648.9953.1958.1663.60
Net Fixed Assets 59.2768.0667.3473.2073.3871.0767.6470.8879.6285.20
CWIP 5.014.055.280.18001.592.744.482.12
Investments 0.100.100.100.100.100.100.10000
Inventories97.4798.0791.53100.8192.2969.3869.4378.96104.51126.97
Trade Receivables83.64104.8396.68128.81123.38148.36146.27164.17165.25182.12
Cash Equivalents 15.8313.3724.487.948.676.877.2315.6110.6616.27
Others Assets 21.5322.4036.2745.0338.6940.484963.4481.95112.72
Total Assets 282.86310.88321.69356.08336.51336.26341.27395.80446.47525.41

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 19.0533.3524.54-22.5535.5625.0747.22-22.2525.8523.83
PBT 6.216.755.046.35-20.802.286.0112.186.92-9.48
Adjustment 21.3824.7526.0326.4432.7726.8721.5120.4022.6428.85
Changes in Working Capital -6.753.39-7.74-53.7823.93-3.5718.26-54.34-4.65.08
Tax Paid -1.65-1.541.21-1.57-0.34-0.511.56-0.371.05-0.42
Cash Flow From Investing Activity -4.67-10.41-3.90-2.32-3.67-1.6115.11-7.74-15.05-8.29
Capex -8.30-11.26-3.09-2.57-4.15-2.0215.45-7.12-13.95-11.27
Net Investments 1.240000000.2100
Others 2.390.85-0.810.250.480.41-0.34-0.83-1.092.97
Cash Flow From Financing Activity -5.34-25.39-9.538.21-32.37-23.68-61.9738.36-15.75-9.93
Net Proceeds from Shares 00.250.650.91009.9957.5700
Net Proceeds from Borrowing 00043.79-4.7417.190000
Interest Paid -20.21-21.77-22.23-24.52-28.80-22.85-19.03-16.32-17.58-23.52
Dividend Paid 0000000000
Others 14.87-3.8712.05-11.981.17-18.02-52.93-2.891.8313.58
Net Cash Flow 9.04-2.4511.11-16.66-0.48-0.210.368.37-4.945.61

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)5.15.4545.14-16.011.8525.065.182.43-3.44
ROCE (%)11.7212.0410.9611.182.89.0715.279.927.594.26
Asset Turnover Ratio2.32.342.082.131.891.551.81.931.721.54
PAT to CFO Conversion(x)4.827.487.11-4.82N/A16.831.69-2.465.04N/A
Working Capital Days
Receivable Days50495657709588808385
Inventory Days54515349545742384657
Payable Days25202826293841394777

Swastik Pipes Ltd Stock News

Swastik Pipes Ltd FAQs

The current trading price of Swastik Pipes on 01-Jan-1970 05:30 is ₹0.00.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of Swastik Pipes stood at ₹56.92.
The latest P/E ratio of Swastik Pipes as of 31-Dec-1969 is 0.00.
The latest P/B ratio of Swastik Pipes as of 31-Dec-1969 is 0.28.
The 52-week high of Swastik Pipes is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Swastik Pipes is ₹747.2 ( Cr.) .

About Swastik Pipes Ltd

The Company was originally incorporated as a private limited company under the Companies Act, 1956 in the name and style of “Swastik Pipes Private Limited” bearing Registration Number dated October 10, 1973 issued by the Registrar of Companies, Delhi. Subsequently, the Company was converted into public limited company pursuant to a shareholders’ resolution passed at an Extra-Ordinary General Meeting held on August 16, 2002, and name of the Company was changed to “Swastik Pipes Limited” and a fresh Certificate of Incorporation dated March 21, 2003 was issued by Registrar of Companies, Delhi. After that, the name of the company was changed to “Swastik Pipe Limited” and a fresh Certificate of Incorporation dated April 03, 2013, was issued by Registrar of Companies, Delhi.

Swastik Pipe is manufacturers and exporters of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, Cold rolled Steel (CR) Strips/ Coils, Swaged Tubular Poles, Solar Structure and Steel Structures. The company use raw material of premium quality i.e. prime steel from SAIL - Steel Authority of India, Tata Steel and high purity zinc is being sourced from Hindustan Zinc, which makes it comfortable to supply the quality material all over the world.

At present, the company has highly sophisticated and technically competent plants are located at Bahadurgarh, Distt. Jhajjar, Haryana (Unit no.1) and at Kotwan, Kosi Kalan, Distt. Mathura, Uttar Pradesh (Unit No. 2). It has diversified its Manufacturing activities towards production of Solar Module Mounting Structures, Transmission Towers, Steel Tubular Poles and Solar Poles Special Structure for Railways, Scaffolding, Formwork and crash barrier. It is one of the oldest manufacturer, exporter and supplier of steel pipes and tubes to various heavy engineering industries in India. Steel pipes and tubes can be used for many purposes such as steel pipes for frames and shafts, steel pipes for bicycle frames, steel pipes for furniture, CDW pipes for shockers, steel pipes for various structural purposes, steel pipes for various engineering purposes etc. It has a very wide range of steel pipes and tubes products. The lengths of the steel pipes & tubes range from 4m to 7m unless otherwise specified by the customers. It manufactures steel pipes and tubes in various shapes and size such square, round, rectangular and elliptical or any special shape.

The company brings the latest modern manufacturing technology. Automatic temperature control of voltage stabilizing and other electrical parameters so that no fluctuation of heat/voltage/current takes place irrespective of the speed/thickness, thereby yielding uniform bead inside the pipe and no friction loss. All pipes are subjected to all required physical and chemical tests before reaching to customer. The company has a well-maintained laboratory with provisions for offline testing at different stages of production. Stringent Quality Control is exercised with latest facility right from the selection of raw material to the finished product. All tubes are subjected to extensive test including the hydraulic test, so that there is no leakages and before leaving, pipes passes through prescribed quality control process to ensure the best quality.

Business area of the company

The company is one of the leading manufacturer and exporter of T.T. Swastik Band high quality Mild Steel/Carbon steel ERW Black and Galvanized pipes/Tubes. is a one of the leading manufacturer, exporter and supplier of steel pipes and tubes to various heavy engineering industries in India and abroad.

Key events:

  • 1973: Incorporation of the Company.
  • 2003: Company converted into Public Limited Company
  • 2011: Alteration of Object Clause by including the Object I.e. To export, import, buy, sell or otherwise Deal in Agricultural Products Like:- Rice.
  • 2013: Change in Name From “Swastik Pipes Limited” to “Swastik Pipe Limited”.
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