Swastik Pipe

What does Swastik Pipe do?

Swastik Pipe Ltd manufactures ERW Black Pipes, Galvanized Steel Tubes, Cold Rolled Strips, S.T. Poles, and Solar Mounting Structures in the Iron & Steel Products industry. It is a Micro Cap company with a market cap of Rs 88 Cr and has transitioned from a private to a public limited company since 2013.

Overview:<BR>Swastik Pipe Ltd is engaged in the manufacturing of ERW Black Pipe, Galvanized Steel Tubes, Cold Rolled Strips, S.T. Poles, and Solar Mounting Structures within the Iron & Steel Products industry, classified as a Micro Cap company.<BR><BR>History:<BR>Swastik Pipes Limited was originally incorporated as a Private Limited Company on October 10, 1973, under the name "Swastik Pipes Private Limited." 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: Rs 88 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A<BR>Industry P/E: 33<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.48<BR>Return on Equity: -3.38%<BR>Price-to-Book: 0.41<BR><BR>Contact Details:<BR>No Company Details Available. Registrar Address: Not available.

Who are in the management team of Swastik Pipe?

As of March 2022, 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. They are responsible for the company's governance and operational oversight.

As of March 2022, the management team of Swastik Pipe includes the following members:<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>These individuals play key roles in the governance and operational oversight of the company.

When is the next results date for Swastik Pipe?

No Upcoming Board Meetings

Has Swastik Pipe declared dividend?

No Dividend History Available

Who are the peers of the Swastik Pipe?

Swastik Pipe's peers include APL Apollo Tubes, Welspun Corp, Shyam Metalics, and others, with varying management risks and growth rates. Welspun Corp leads in 1-year returns at 68.79%, while Swastik Pipe has a return of 0.00%.

Peers: The peers of Swastik Pipe are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Riddhi Steel, Tulsyan NEC, Unison Metals, Pattech Fitwell, and Aditya Ultra.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes, while Good management risk is found at Welspun Corp, Shyam Metalics, and Ratnamani Metals, and Average management risk is present at Jindal Saw, Unison Metals, and Aditya Ultra. Below Average management risk is noted at Riddhi Steel, Tulsyan NEC, Pattech Fitwell, and the rest. Excellent growth is seen at APL Apollo Tubes and Pattech Fitwell, while Average growth is found at Shyam Metalics and the rest. Below Average growth is observed at Welspun Corp, Jindal Saw, Riddhi Steel, Tulsyan NEC, Unison Metals, and Aditya Ultra. Excellent capital structure is noted at APL Apollo Tubes, Shyam Metalics, and Ratnamani Metals, while Good capital structure is found at Welspun Corp, and Below Average capital structure is present at Jindal Saw, Riddhi Steel, Tulsyan NEC, Unison Metals, Pattech Fitwell, and Aditya Ultra.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Welspun Corp at 68.79%, while the peer with the lowest is Tulsyan NEC at -48.81%. Swastik Pipe's 1-year return is 0.00%, which is lower than both of these peers. Additionally, the six-month return is negative for Ratnamani Metals, Jindal Saw, Riddhi Steel, Tulsyan NEC, Unison Metals, and the rest.

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.

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.

How big is Swastik Pipe?

As of 23rd July, Swastik Pipe Ltd has a market capitalization of 75.00 Cr, classifying it as a Micro Cap company. Recent financial data for the last four quarters is unavailable, but as of March 2024, Shareholder's Funds are 213.46 Cr and Total Assets are 446.47 Cr.

As of 23rd July, <BR><BR>Market Cap: Swastik Pipe Ltd has a market capitalization of 75.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: No valid financial data is available for the latest four quarters, including Net Sales and Net Profit.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds amounting to 213.46 Cr and Total Assets valued at 446.47 Cr.

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.

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.

Which are the latest news on Swastik Pipe?

Why is Swastik Pipe Ltd falling/rising?

As of 03-Jun, the stock price of Swastik Pipe Ltd is at 22.20, unchanged from the previous session, with a year-to-date decline of 5.53% and a significant drop of 40.00% over the past year. The stock has underperformed the Sensex and its sector, indicating a persistent downward trend and waning investor confidence.

As of 03-Jun, the stock price of Swastik Pipe Ltd is currently at 22.20, with no change from the previous trading session. The stock has shown a year-to-date decline of 5.53%, which is less severe than the Sensex's decline of 10.42% over the same period. However, over the past year, Swastik Pipe Ltd has experienced a significant drop of 40.00%, while the Sensex has only decreased by 4.63%. <BR><BR>In the last three years, the stock has fallen by 71.26%, contrasting sharply with the Sensex's increase of 26.28%. This long-term underperformance indicates a persistent downward trend in the stock's value. Additionally, the stock has underperformed its sector by 0.61% today, suggesting a lack of investor confidence.<BR><BR>Investor participation has also declined, with a delivery volume of 2.4k on 06 May, which is a staggering 71.43% lower than the 5-day average delivery volume. This drop in trading activity may further indicate waning interest among investors. Although the stock is currently trading higher than its 5-day, 20-day, 50-day, and 100-day moving averages, it remains below its 200-day moving average, which is often viewed as a bearish signal.<BR><BR>Overall, the combination of significant historical declines, reduced investor participation, and underperformance relative to both the sector and the benchmark index suggests that Swastik Pipe Ltd is currently experiencing a downward trend in its stock price.