Swastik Pipe

Why is Swastik Pipe Ltd falling/rising?

As of 18-Jul, Swastik Pipe Ltd's stock price is rising to 17.95, reflecting a 4.97% increase. This rise is driven by strong sector performance, increased investor participation, and a current price above its short-term moving averages, despite a challenging longer-term outlook.

As of 18-Jul, Swastik Pipe Ltd's stock price is rising, currently at 17.95, which reflects an increase of 0.85 or 4.97%. This upward movement can be attributed to several factors. Firstly, the stock has significantly outperformed its sector today, with a performance increase of 4.91%. Additionally, there has been a notable rise in investor participation, as evidenced by a delivery volume of 12,000 shares on July 16, which is up by 72.41% compared to the 5-day average delivery volume. <BR><BR>Moreover, the stock's current price is higher than its 5-day and 20-day moving averages, indicating a short-term positive trend. Despite a challenging longer-term performance, where the stock is down 17.66% over the past month and 46.02% over the past year, the recent surge in price suggests a potential recovery or increased interest from investors in the short term.

Which are the latest news on Swastik Pipe?

What does Swastik Pipe do?

Swastik Pipe Ltd manufactures iron and steel products, including ERW Black Pipes and Galvanized Steel Tubes, and operates as a micro-cap company. It was incorporated in 1973 and became a public limited company in 2013, with a current market cap of INR 56 Cr.

Overview:<BR>Swastik Pipe Ltd is engaged in the manufacturing of various iron and steel products, including ERW Black Pipe, Galvanized Steel Tubes, Cold Rolled Strips, S.T. Poles, and Solar Mounting Structures, and operates within the micro-cap category.<BR><BR>History:<BR>Swastik Pipe Ltd was originally incorporated as "Swastik Pipes Private Limited" in 1973. The company transitioned to a Public Limited Company and changed its name to Swastik Pipes Limited on April 3, 2013. Revenue and profit data for the latest quarter are not available.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 56 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A<BR>Industry P/E: N/A<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.58<BR>Return on Equity: -3.67%<BR>Price-to-Book: 0.28<BR><BR>Contact Details:<BR>Registrar Address: Not available.

How big is Swastik Pipe?

As of 10th June, Swastik Pipe Ltd has a market capitalization of 56.00 Cr, classifying it as a Micro Cap company, with no available financial data for Net Sales or Net Profit for the latest four quarters. The balance sheet as of March 2025 shows Shareholder's Funds of 206.24 Cr and Total Assets of 525.41 Cr.

As of 10th June, <BR><BR>Market Cap: Swastik Pipe Ltd has a market capitalization of 56.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales or Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2025, with Shareholder's Funds amounting to 206.24 Cr and Total Assets valued at 525.41 Cr.

Who are in the management team of Swastik Pipe?

The management team of Swastik Pipe includes Sandeep Bansal (Managing Director), Dinesh Kumar and Surinder Singh (Whole-time Directors), and independent directors Rajinder Kumar Anand, Sony Kumari, and Vishal Dugar.

The management team of Swastik Pipe includes the following individuals:<BR><BR>1. **Sandeep Bansal** - Managing Director<BR>2. **Dinesh Kumar** - Whole-time Director<BR>3. **Surinder Singh** - Whole-time Director<BR>4. **Rajinder Kumar Anand** - Independent Director<BR>5. **Sony Kumari** - Independent Director<BR>6. **Vishal Dugar** - Independent Director<BR><BR>If you need more specific information about any of the directors or their roles, feel free to ask!

Who are the peers of the Swastik Pipe?

Swastik Pipe's peers include Aditya Ultra, Abha Power, Newmalayalam St., Umiya Tubes, Dhatre Udyog, Nova Iron & Steel, and Metal Coatings. Swastik Pipe has the lowest 1-year return at -41.16% and below average growth and management risk compared to its peers.

Peers: The peers of Swastik Pipe are Aditya Ultra, Abha Power, Newmalayalam St., Umiya Tubes, Dhatre Udyog, Nova Iron & Steel, and Metal Coatings.<BR><BR>Quality Snapshot: Below Average management risk is observed at Swastik Pipe, Aditya Ultra, Umiya Tubes, Dhatre Udyog, and the rest. Average management risk is found at Abha Power. Newmalayalam St. has a Good capital structure, while Abha Power has an Average capital structure, and the rest have Below Average capital structures. Growth is Below Average for Swastik Pipe, Aditya Ultra, Umiya Tubes, Dhatre Udyog, and the rest.<BR><BR>Return Snapshot: Abha Power has the highest 1-year return at -14.56%, while Swastik Pipe has the lowest at -41.16%. Compared to its peers, Swastik Pipe's 1-year return is significantly lower. Additionally, the six-month return is negative for Abha Power, Newmalayalam St., and Umiya Tubes.

Is Swastik Pipe overvalued or undervalued?

As of December 2, 2025, Swastik Pipe's valuation has improved to attractive, indicating it is undervalued with a PE ratio of -8.09, an EV to EBITDA of 9.15, and a Price to Book Value of 0.30, especially when compared to peers like JSW Steel and Tata Steel, despite its poor year-to-date performance of -52.99%.

As of 2 December 2025, the valuation grade for Swastik Pipe has moved from fair to attractive, indicating a more favorable assessment of its value. The company appears to be undervalued based on its current metrics. Key ratios include a PE ratio of -8.09, an EV to EBITDA of 9.15, and a Price to Book Value of 0.30, which suggest that the stock is trading at a significant discount compared to its intrinsic value.<BR><BR>In comparison with peers, Swastik Pipe's valuation stands out, particularly when contrasted with JSW Steel, which has a PE ratio of 46.39 and an EV to EBITDA of 13.75, and Tata Steel, with a PE ratio of 28.13 and an EV to EBITDA of 10.3. This peer comparison reinforces the notion that Swastik Pipe is undervalued in its sector. Additionally, the company's recent stock performance has been notably poor, with a year-to-date return of -52.99%, while the Sensex has gained 10.10%, further highlighting the potential for recovery and value realization in the future.

How has been the historical performance of Swastik Pipe?

Swastik Pipe has experienced steady sales growth from INR 522.17 crore in March 2021 to INR 747.17 crore in March 2025, but profitability has declined, with a negative profit before tax of INR -9.48 crore in March 2025. The company faces rising liabilities and needs strategic adjustments despite increasing revenues.

Answer:<BR>The historical performance of Swastik Pipe shows a mixed trend over the past five years, with significant fluctuations in profitability and sales.<BR><BR>Breakdown:<BR>Swastik Pipe's net sales have shown a steady increase from INR 522.17 crore in March 2021 to INR 747.17 crore in March 2025. However, the total operating income has also risen in tandem, reflecting consistent revenue growth. Despite this increase in sales, the company has faced challenges with profitability, as evidenced by a decline in operating profit from INR 29.77 crore in March 2024 to INR 19.75 crore in March 2025. The profit before tax turned negative in March 2025 at INR -9.48 crore, a significant drop from INR 6.92 crore in the previous year. Consequently, the profit after tax also fell to INR -7.22 crore from INR 5.13 crore. The company's total liabilities increased to INR 525.41 crore in March 2025, up from INR 447.24 crore in March 2024, while total assets rose to INR 525.41 crore as well. Cash flow from operating activities decreased slightly to INR 23 crore in March 2025 from INR 25 crore in March 2024, but the net cash inflow improved to INR 5 crore, contrasting with a net outflow of INR -4 crore in the previous year. Overall, while Swastik Pipe has managed to grow its sales, it has struggled with profitability and rising liabilities, indicating a need for strategic adjustments moving forward.

Who are the top shareholders of the Swastik Pipe?

The top shareholders of Swastik Pipe include Geeta Devi Aggarwal with 18.84%, and a pledged promoter holding of 38.09%. Public shareholders include Pushpanjali Investrade Pvt Ltd at 3.05%, while individual investors hold 21.04%, with no mutual funds or foreign institutional investors involved.

The top shareholders of Swastik Pipe primarily consist of promoters, with Geeta Devi Aggarwal holding the highest stake at 18.84%. Additionally, there is a significant pledged promoter holding of 38.0874%. In terms of public shareholders, Pushpanjali Investrade Pvt Ltd is the largest, owning 3.05%. Individual investors collectively hold 21.04% of the shares. Notably, there are no mutual funds or foreign institutional investors currently holding shares in the company.

What is the technical trend for Swastik Pipe?

As of June 3, 2025, Swastik Pipe's trend has shifted to bearish with moderate strength, driven by daily moving averages and bearish signals from KST and OBV, despite some mildly bullish indicators like MACD and RSI.

As of 3 June 2025, the technical trend for Swastik Pipe has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include the daily moving averages indicating a bearish trend, the weekly KST and OBV both showing bearish signals, and the Bollinger Bands reflecting a mildly bearish outlook on both weekly and monthly time frames. Despite the weekly MACD and RSI showing mildly bullish and bullish signals respectively, the overall trend remains bearish due to the prevailing weakness in other indicators.

When is the next results date for Swastik Pipe?

No Upcoming Board Meetings

Has Swastik Pipe declared dividend?

No Dividend History Available