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Swastik Pipes Overview

Swastik Pipes Ltd is a leading company in the field of manufacturing and distribution of pipes and related products. With a strong presence in the industry, the company has established itself as a trusted and reliable provider of high-quality pipes for various applications. Swastik Pipes offers a wide range of products, including seamless pipes, ERW (Electric Resistance Welding) pipes, and galvanized pipes, catering to diverse sectors such as oil and gas, water supply, construction, and agriculture. The company prides itself on its state-of-th...Read More

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Swastik Pipes Key Financials

Market Cap ₹55 Cr.

Stock P/E -7.6

P/B 0.3

Current Price ₹23.6

Book Value ₹ 88.8

Face Value 10

52W High ₹47.5

Dividend Yield 0%

52W Low ₹ 12.5

Swastik Pipes Share Price

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Volume
Price

Swastik Pipes Quarterly Price

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Swastik Pipes Peer Comparison

Swastik Pipes Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

Swastik Pipes Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 680 578 628 659 723 656 522 609 711 723 747
Other Income 8 4 3 4 5 3 2 3 6 6 1
Total Income 688 582 631 663 728 658 524 612 717 730 748
Total Expenditure 662 553 599 632 693 646 494 583 684 700 728
Operating Profit 26 29 32 31 35 12 29 29 33 30 20
Interest 18 20 22 22 25 29 23 19 16 18 24
Depreciation 3 3 3 4 4 4 4 4 5 5 6
Exceptional Income / Expenses 0 0 0 0 0 0 0 16 0 0 0
Profit Before Tax 5 6 7 5 6 -21 2 22 12 7 -9
Provision for Tax 2 2 2 2 2 -7 1 -6 3 2 -2
Profit After Tax 4 4 4 3 5 -14 1 28 9 5 -7
Adjustments 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 4 4 4 3 5 -14 1 28 9 5 -7
Adjusted Earnings Per Share 3.3 3.7 4.1 3.2 4.2 -12.6 1.3 13.7 3.9 2.2 -3.1

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 3% 7% 3% 1%
Operating Profit CAGR -33% -12% 11% -3%
PAT CAGR -240% NAN% 0% NAN%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -45% -33% NA% NA%
ROE Average -3% 1% 6% 4%
ROCE Average 4% 7% 9% 10%

Swastik Pipes Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 75 79 84 88 94 80 81 142 208 213 206
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 14 12 21 18 61 57 76 32 40 34 25
Other Non-Current Liabilities 7 8 10 10 12 5 5 6 9 10 8
Total Current Liabilities 181 183 196 205 189 195 173 162 139 189 286
Total Liabilities 278 283 311 322 356 337 336 341 396 446 525
Fixed Assets 54 59 68 67 73 73 71 68 71 80 85
Other Non-Current Assets 13 13 11 13 7 8 8 10 11 15 13
Total Current Assets 212 211 231 242 275 255 257 263 314 352 428
Total Assets 278 283 311 322 356 337 336 341 396 446 525

Swastik Pipes Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 7 7 16 13 18 1 0 7 7 16 11
Cash Flow from Operating Activities 30 19 33 25 -23 36 25 47 -22 26 24
Cash Flow from Investing Activities -1 -5 -10 -4 -2 -4 -2 15 -8 -15 -8
Cash Flow from Financing Activities -28 -5 -25 -10 8 -32 -24 -62 38 -16 -10
Net Cash Inflow / Outflow 0 9 -2 11 -17 -0 -0 0 8 -5 6
Closing Cash & Cash Equivalent 7 16 13 24 1 0 0 7 16 11 16

Swastik Pipes Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 3.32 3.65 4.11 3.15 4.24 -12.58 1.35 13.71 3.9 2.21 -3.11
CEPS(Rs) 6.36 6.48 7.34 6.63 7.63 -8.83 5.2 15.78 5.89 4.48 -0.65
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 69.85 73.51 77.62 80.77 84.87 72.28 73.63 69.54 89.67 91.88 88.77
Core EBITDA Margin(%) 2.47 3.9 4.18 4.11 4.11 1.46 5.31 4.23 3.84 3.26 2.53
EBIT Margin(%) 3.08 4.1 4.1 4.14 4.27 1.22 4.81 6.68 4.01 3.39 1.88
Pre Tax Margin(%) 0.7 0.96 0.97 0.77 0.88 -3.17 0.44 3.56 1.71 0.96 -1.27
PAT Margin (%) 0.48 0.61 0.64 0.52 0.65 -2.12 0.28 4.59 1.27 0.71 -0.97
Cash Profit Margin (%) 0.92 1.09 1.14 1.1 1.17 -1.49 1.1 5.28 1.92 1.44 -0.2
ROA(%) 1.27 1.41 1.5 1.09 1.38 -4.01 0.44 8.25 2.46 1.22 -1.49
ROE(%) 4.94 5.1 5.45 4 5.14 -16.01 1.85 25.06 5.18 2.43 -3.44
ROCE(%) 10.66 11.72 12.04 10.96 11.18 2.8 9.07 15.27 9.92 7.59 4.26
Receivable days 40.4 49.61 49.42 55.83 56.95 70.21 94.97 88.33 79.65 83.1 84.85
Inventory Days 51.02 53.67 51.27 52.53 48.58 53.76 56.5 41.62 38.07 46.28 56.54
Payable days 29.36 24.89 20.24 28.31 26.39 28.5 38.48 40.89 39.24 46.82 77.27
PER(x) 0 0 0 0 0 0 0 0 20.33 32.78 0
Price/Book(x) 0 0 0 0 0 0 0 0 0.88 0.79 0.47
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.21 0.26 0.24 0.23 0.28 0.3 0.38 0.2 0.39 0.37 0.28
EV/Core EBITDA(x) 5.43 5.02 4.71 4.97 5.83 16.26 6.75 4.22 8.44 9.08 10.47
Net Sales Growth(%) 5.87 -15.07 8.63 4.96 9.71 -9.29 -20.34 16.57 16.86 1.71 3.28
EBIT Growth(%) 2.13 14.5 7.95 -4.4 13.21 -74.1 214.27 61.86 -29.94 -14.03 -42.71
PAT Growth(%) -23.03 10 12.9 -22.72 35.81 -396.87 110.7 1779.41 -67.56 -43.38 -240.65
EPS Growth(%) -25.02 10 12.55 -23.31 34.36 -396.87 110.7 918.43 -71.55 -43.38 -240.65
Debt/Equity(x) 1.87 1.95 1.85 1.93 2.14 2.47 2.41 0.8 0.53 0.53 0.61
Current Ratio(x) 1.17 1.15 1.18 1.18 1.45 1.31 1.48 1.63 2.27 1.86 1.49
Quick Ratio(x) 0.66 0.62 0.68 0.73 0.92 0.84 1.08 1.2 1.7 1.31 1.05
Interest Cover(x) 1.29 1.31 1.31 1.23 1.26 0.28 1.1 2.14 1.75 1.39 0.6
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0.6 0.67 1.31

Swastik Pipes Shareholding Pattern

# Mar 2023 Sep 2023 Mar 2024 Sep 2024 Mar 2025 Sep 2025 Mar 2026
Promoter 64.51 64.51 64.51 64.51 64.51 64.51 64.51
FII 0.34 0 0 0 0 0 0
DII 0 0.36 0.15 0 0 0 0
Public 35.15 35.13 35.33 35.49 35.49 35.49 35.49
Others 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100

Swastik Pipes News

Swastik Pipes Pros & Cons

Pros

  • Stock is trading at 0.3 times its book value
  • Company has reduced debt.

Cons

  • Company has a low return on equity of 1% over the last 3 years.
  • Debtor days have increased from 46.82 to 77.27days.
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