SWASTIK

Swastik Pipe Limited

Listed company · ISIN INE0DGC01025 · NSE ST · FV ₹10
Last price
₹19
-2.56%today
What this company does

Swastik Pipe Limited is a listed company. It booked ₹146 cr of revenue in its latest half year (H2 FY26) and kept -32.8% of sales as profit.

32out of 100
Equitytale Health Score
Strained

Healthier than 32% of listed companies we score, on the 4 of 6 measures we could read for it. Each measure is ranked against the 416–2,886 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
54

At close. Not part of the score.

Profitability & returns1

How much profit it earns on the money it employs · lowest in its sector on what we could measure

Balance sheet10

How much it owes, and whether earnings cover the interest

Valuation96

What today's price implies, against our models or its peers

Governance & risk54

How much of the promoters' stake is pledged, and how much they hold

Not measurable for this company: cash quality, growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Some things to watch
Strengths
✓ Promoters hold 65%
Watch-outs
! Currently loss-making
! Thin -32.8% net margin
! Sales down 62% vs last year
! 38.1% of promoter stake pledged
! Low -76.3% return on equity
! Carries high debt (D/E 1.2)

What if I invest in SWASTIK?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest half year + price
₹19▼ -2.56%
latest close · 2026-10-01
52-wk low ₹1544 sessions so far52-wk high ₹22
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/B ratio0.35Below book
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-76.3%Loss
WeakFairStrong ▸15%
Return on capital-68.0%Loss
WeakFairStrong
Net margin-32.8%Loss
ThinDecentStrong
EBITDA margin-37.1%Loss
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.21High
LowModerateHigh ▸1
Interest cover-6.5×Risky
RiskyOkayStrong ▸5×
Current ratio1.19Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹44 cr
Book value
₹54
EPS
₹-20.61
latest half year
Net debt
₹148 cr
owes more than its cash
Enterprise value
₹192 cr
EBITDA
₹-108 cr
annualised
EBIT
₹-108 cr
annualised
Operating margin
-37.1%
Return on assets
-27.7%
Earnings yield
—
P/S
0.15
Sales / share
₹125.8
Tax rate
—
Face value
₹10
Shares
2.3 cr
Working capital
₹35 cr
Current assets
₹221 cr
Current liabilities
₹186 cr
Delivery %
98.3%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest half year; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-10-01.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
The company's latest annual profit was negative, so we won't call it cheap off older profits.

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · H2 FY26 (consolidated)
Revenue from Operations₹146 cr
Other Income₹5 cr
Total Income₹151 cr
Cost of Materials₹112 cr
Purchases of Stock-in-Trade₹78.3 L
Inventory Change (±)₹33 cr
Employee Benefit Expense₹7 cr
Finance Costs₹8 cr
Other Expenses₹49 cr
Total Expenses₹213 cr
Profit before Tax₹-63 cr
Tax Expense₹-15 cr
Net Profit₹-48 cr
Net margin on total income-31.6%
Where the money goes · H2 FY26
% of total spend
Materials + stock-in-trade₹146 cr68.6%
Employee benefit expense₹7 cr3.2%
Finance costs₹8 cr3.9%
Other expenses₹52 cr24.3%
Total income ₹151 cr

The company made a net loss of ₹48 cr this half year — income covered only ₹71 of every ₹100 it spent on costs and tax.

Half-yearly results · consolidated (₹ cr)
MetricH2 FY25H1 FY26H2 FY26
Revenue380 cr240 cr146 cr
Total income381 cr243 cr151 cr
Expenses394 cr267 cr213 cr
Profit before tax-13 cr-16 cr-63 cr
Tax-3 cr-6 cr-15 cr
Net profit (owners' share)-10 cr-10 cr-48 cr
Net margin (owners' share, on revenue)-2.5%-4.0%-32.8%
EPS (₹)-4.09-4.17-20.61
YoY (latest quarter): total income -60.3% · net profit —
Balance sheet & cash flow · as of Mar 2026
High debt
Total assets
₹346 cr
Shareholder equity
₹125 cr
parent shareholders
Total debt
₹152 cr
Cash
₹5 cr
Who owns it · 2026-03-31
⚑ 38.1% pledged
Promoter
64.5%
Public
35.5%
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 28 Sep 2026
See the official result
1
Adoption of the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026.
Backed by 100% of shareholders other than promotersneeded 50%
27.59 L votes for, 0 against
2
Re-appoint Sh. Sandeep Bansal (DIN: 00165391, who retires by rotation and being eligible offers himself for re-appointment as Director of the Company.
Backed by 100% of shareholders other than promotersneeded 50%
27.59 L votes for, 0 against
3
To regularise Shri Ravi Shekhar (DIN:00493876) as Director of the Company.
Backed by 100% of shareholders other than promotersneeded 50%
27.59 L votes for, 0 against
4
To regularise Shri Ravi Shekhar (DIN:00493876) as Whole Time Director of the Company.
Backed by 100% of shareholders other than promotersneeded 50%
27.59 L votes for, 0 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 8 named members
owning 64.5% between them · as of 2026-03-31
GEETA DEVI AGGARWAL18.84%
SANDEEP BANSAL17.00%
SAMANYU BANSAL12.98%
ANUPAMA BANSAL7.57%
GDA FINVEST AND TRADE PVT. LTD.3.48%
SHASHWAT BANSAL2.58%
MEDIA VENTURE INDIA PVT. LTD.1.92%
S.K.BANSAL& SONS HUF0.14%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.