Swastik Pipe Limited

NSE: SWASTIK · Unclassified

₹14.85-1.33%06 Nov 2026

Check figures: unusual half-yearly results in H2 FY26 (₹-47.88 cr vs a typical ₹3.19 cr). This may be a filing error (e.g. lakh filed as crore) or a genuine one-off; figures are shown as filed. Trailing-twelve-month figures include it.

Ask the data

Instant answers about Swastik Pipe Limited — computed from its filings, no language model

Market cap₹34 cr

Current price₹14.85

High / Low₹34 / ₹13

P/E—

P/B0.23

Book value₹64.0

ROE-38.7%

ROCE-19.0%

Debt / equity1.02

Dividend yield—

EPS (TTM)₹-24.78

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	FY23	FY24	FY25	FY26
Revenue	711.3	723.5	747.2	386.3
EBITDA	27.3	23.6	18.9	-67.4
Operating margin	3.8%	3.3%	2.5%	-17.4%
Interest	16.3	17.6	23.5	20.8
Depreciation	4.6	5.3	5.7	5.8
Profit before tax	12.2	6.9	-9.5	-78.2
Tax	3.1	1.8	-2.3	-20.6
Net profit	9.1	5.1	-7.2	-57.6
EPS ₹	4.53	2.21	-3.11	-24.78
Operating cash flow	-22.2	25.9	23.8	-20.5
Capex	8.5	14.1	9.0	7.0
Dividend paid	0.0	0.0	0.0	0.0
Total assets	395.8	—	525.4	345.7
Equity	208.3	—	206.2	148.7

Half-yearly performance

last 8 half years · ₹ crore

showing latest 6 of 8 periods

	H1 FY23*	H2 FY23	H1 FY24	H2 FY24	H1 FY25	H2 FY25	H1 FY26	H2 FY26
Revenue	313.1	398.2	361.7	361.8	366.8	365.8	240.3	146.1
Operating profit	8.3	19.0	15.9	7.7	15.3	11.7	-11.3	-56.1
Operating margin	2.6%	4.8%	4.4%	2.1%	4.2%	3.2%	-4.7%	-38.4%
Other income	2.5	3.3	1.5	4.7	0.1	0.7	2.7	5.2
Interest	7.9	8.4	9.2	8.3	10.0	8.3	12.5	8.3
Depreciation	2.3	2.3	2.6	2.7	2.3	2.7	3.1	2.7
Profit before tax	0.6	11.6	5.5	1.4	3.0	1.4	-15.6	-62.6
Tax	0.2	2.9	1.4	0.4	0.8	0.4	-5.9	-14.7
Net profit	0.4	8.6	4.1	1.0	2.3	1.0	-9.7	-47.9
EPS ₹	0.22	4.31	1.77	0.44	0.98	0.44	-4.17	-20.61
Revenue YoY	—	—	15.5%	-9.2%	1.4%	1.1%	-34.5%	-60.1%
Profit YoY	—	—	831.8%	-88.1%	-44.1%	0.0%	-522.7%	-4748.5%

Returns & margins

trailing-twelve-month, per half year

showing latest 6 of 7 periods

	H2 FY23	H1 FY24	H2 FY24	H1 FY25	H2 FY25	H1 FY26	H2 FY26
ROE	4.3%	6.0%	2.4%	1.5%	1.6%	-4.4%	-38.7%
ROCE	8.9%	10.6%	7.5%	7.0%	6.9%	2.0%	-19.0%
Net margin	1.3%	1.7%	0.7%	0.5%	0.5%	-1.4%	-14.9%
EBITDA margin	3.8%	4.6%	3.3%	3.2%	3.7%	0.1%	-17.4%
Debt / equity	0.53	0.55	0.55	0.52	0.61	0.67	1.02
Interest coverage	1.75	1.96	1.39	1.24	1.24	0.32	-2.75
Asset turnover	1.80	1.85	1.76	1.61	1.39	1.42	1.12

Balance sheet

equity vs borrowings over time · ₹ crore

	MAR '23	SEP '23	SEP '24	MAR '25	SEP '25	MAR '26
Share capital	23.2	23.2	23.2	23.2	23.2	23.2
Other equity / reserves	185.1	189.2	192.5	183.0	173.3	125.4
Total equity	208.3	212.4	215.7	206.2	196.6	148.7
Borrowings	111.0	116.1	111.6	126.4	131.0	152.4
Current liabilities	138.6	152.8	196.2	286.2	209.4	186.0
Non-current liabilities	48.9	46.0	41.4	33.0	19.6	11.0
Total assets	395.8	411.3	453.3	525.4	425.6	345.7
Property, plant & equipment	70.9	68.5	78.1	85.2	83.0	86.2
Investments	0.0	0.0	0.0	0.0	0.0	0.0
Inventories	79.0	76.9	86.0	127.0	84.3	47.8
Receivables	164.2	176.1	193.9	182.1	164.8	113.3
Cash & equivalents	15.6	13.6	10.7	16.3	16.3	4.6

Cash flow

annual · ₹ crore · line = free cash flow

	FY23	FY24	FY25	FY26
Cash from operations	-22.2	25.9	23.8	-20.5
Cash from investing	-7.7	-15.1	-8.3	3.7
Cash from financing	38.4	-15.8	-9.9	5.2
Capex	8.5	14.1	9.0	7.0
Free cash flow	-30.8	11.8	14.8	-27.5
Dividends paid	0.0	0.0	0.0	0.0

Where the assets sit

Mar '26 · ₹ crore

Fixed assets (PPE)

₹86.2 cr25%

Inventories

₹47.8 cr14%

Receivables

₹113.3 cr33%

Cash & equivalents

₹4.6 cr1%

Other assets

₹93.8 cr27%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Swastik Pipe Limited	34	14.85	—	0.23	-38.7%

StoxGud checklist: Bearish setup · 0/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-16.3%

6 months-12.6%

1 year-53.2%

3Y CAGR-49.3%

5Y CAGR—

10Y CAGR—

50-day avg₹18.07

200-day avg₹20.22

RSI (14)27

FAQs

What is the share price of Swastik Pipe Limited?

Swastik Pipe Limited (SWASTIK) closed at ₹14.85 on NSE on 06 Nov 2026.

What is the market cap of Swastik Pipe Limited?

₹34 crore at the latest close.

How fast is Swastik Pipe Limited growing?

Swastik Pipe Limited: revenue has compounded at -18.4% a year over three years. Latest-half-year revenue is down 60.1% year on year, profit down 4,748.5%.

How profitable is Swastik Pipe Limited?

On a trailing-twelve-month basis return on equity is -38.7%, return on capital employed -19.0%, operating margin -17.4%, net margin -14.9%.

How much debt does Swastik Pipe Limited have?

Swastik Pipe Limited is moderately geared: debt to equity is 1.02 with borrowings of ₹152 cr against cash of ₹5 cr (balance sheet of 2026-03-31). Operating profit covers interest -2.8 times.

Financials parsed from Swastik Pipe Limited's own XBRL filings to NSE (standalone), ₹ crore unless marked. Half-yearly from H1 FY23, annual from FY23, balance sheet from Mar '23. * = derived (full year minus the other half). This company is on NSE's SME platform and reports results half-yearly. Information only, not investment advice.