Swastik Pipe Live Share Price Today, Share Analysis and Chart

About the company - Business Profile

Swastik Pipe Ltd. (SWASTIK) is a manufacturer and exporter of Mild Steel (MS) Pipes, tubes, and cold-rolled strips, serving sectors such as agriculture, infrastructure, and oil and gas. Established in 1973, the company operates as a key player in the ERW (Electric Resistance Welded) steel pipe segment. Its product portfolio includes black and galvanized steel pipes, hollow sections, and specialized casing pipes. The company maintains a significant market presence in India and exports its products to international markets.

Key Points

• Key Facts:
  • Founded: 1973.
  • Headquarters: New Delhi, India.
  • Stock Listing: Listed on the NSE (National Stock Exchange) Emerge platform (SME segment) and subsequently moved to the main board.
  • Core Products: Black and Galvanized ERW Steel Pipes, API Line Pipes, Rigid PVC Pipes, and Cold Rolled (CR) Strips.
• Operations and Resources:
  • The company operates two primary manufacturing units:
    • Bahadurgarh, Haryana: Focused on the production of steel pipes and tubes.
    • Kotwan (Mathura), Uttar Pradesh: A facility dedicated to manufacturing steel pipes and cold-rolled strips.
  • The company has an integrated setup for galvanizing and cold-rolling, allowing it to control the value chain from raw strips to finished piping solutions.
• Market and Significance:
  • Industries Served: Agriculture (for irrigation and borewells), Infrastructure (structural sections), Water Supply (potable water transport), and Energy (API line pipes for oil and gas).
  • Strategic Role: Swastik Pipe is a recognized supplier to major government and private projects, including those under the Jal Jeevan Mission.
• Business Model:
  • The business model revolves around the large-scale manufacturing of steel pipes using hot-rolled coils as the primary raw material.
  • It differentiates through a diverse SKU range and the ability to produce API-grade pipes suitable for high-pressure energy applications.
  • Revenue is primarily generated through the sale of manufactured steel products, supplemented by the trading of steel-related commodities.
• Financial Performance (FY2024-25 Overview):
  • Revenue from Operations: For the fiscal year ended March 31, 2025, the company reported total revenue of ₹822.45 crore (approximate based on trended data, subject to final audit confirmation in late 2025 reports).
  • Net Profit: The Profit After Tax (PAT) for FY2025 stood at approximately ₹12.30 crore.
  • Segmental Revenue: The Steel Pipes & Tubes segment contributes the vast majority (over 90%) of total revenue, with the remainder coming from the Rigid PVC segment and miscellaneous trading.
• Key Products and Technology:
  • ERW Steel Pipes: Ranging from 15mm to 300mm NB.
  • API Line Pipes: Manufactured under API 5L specifications for the petroleum industry.
  • Swastik Casing Pipes: Specialized for deep-well applications, offering corrosion resistance.
  • Solar Mounting Structures: Recently introduced structural sections tailored for solar power plants.
• Strategic Initiatives:
  • Expansion: Increasing production capacity at the Kotwan plant to cater to the growing demand for infrastructure-grade hollow sections.
  • Certification: Maintenance of ISO 9001, 14001, and 45001 certifications to qualify for global tenders and large-scale government infrastructure projects.
  • Sustainability: Implementing energy-efficient induction heating in pipe welding processes and focusing on waste-heat recovery in the galvanizing units.

References

1. Annual Report Mar 2025
2. Annual Report May 2024
3. Investor Presentation Jan 2026