Swastik Pipe Limited

Swastik Pipe Limited (SWASTIK) is a micro-cap Capital Goods company valued at ₹38 crore operating in Iron & Steel Products on the NSE and BSE.

Recent price move

Swastik Pipe Limited last traded at ₹16.5, modestly down 1.49% on the day.

Recent developments

On 2026-03-31, the company reported a net loss of ₹58 crore for the fiscal year, marking a significant worsening from the prior year's loss of ₹7 crore. In the latest quarter, revenue fell 61.6% to ₹146 crore, and the net loss expanded to ₹48 crore from ₹10 crore a year earlier.

Financial performance

The company's business is deteriorating, with annual revenue falling 48.3% and net profit turning into a loss that widened from ₹7 crore to ₹58 crore. The latest quarter saw revenue drop 61.6% and the net loss widen from ₹10 crore to ₹48 crore, with margins collapsing to -14.9% from -1.0%.

Valuation multiples

A price-to-earnings ratio is not meaningful here because the company is loss-making; the stock trades at 0.27 times book value.

Things to watch

The company is posting a net loss of ₹58 crore, with margins collapsing to -14.9% and return on equity at -38.7%. Revenue has declined 48.3% annually and 61.6% in the latest quarter compared to the same period a year ago. The stock is 41.4% below its 52-week high.

Where it stands

Swastik Pipe Limited is reporting a net loss of ₹58 crore for the latest fiscal year, with revenue declining 48.3% annually and 61.6% in the latest quarter. The stock is 41.4% below its 52-week high, and the company's return on equity is -38.7%.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.