What we do Swastik Pipe Ltd manufactures and exports steel products including ERW Black Pipes, Galvanized Steel Tubes, Cold Rolled Strips, Steel Poles, and Solar Mounting Structures. |
Founded in 1,973 |
Market share A leading manufacturer in India with growing international exports in steel pipes and related products. |
Problem solved Provides quality steel pipe solutions vital for construction, infrastructure, solar energy, and industrial needs. |
Top clients or who we serve B2B clients across infrastructure, construction, solar energy, railways, and industrial sectors globally. |
Key management Mr. Sandeep Bansal (Managing Director) leads the company with experienced independent directors forming a strong board. |
Our journey and innovations Incorporated in 1973, transformed to public company in 2013, and expanded into diversified steel products and solar structures. |
Where we operate Primary operations in India with exports worldwide. |
Top products or what we offer ERW Black Pipes, Galvanized Steel Tubes, Cold Rolled Strips, Solar Mounting Structures, Transmission Towers, Steel Poles. |
Top brands Swastik Pipes (well-known for quality steel tubes and structures) |
Raw materials needed High-quality prime steel from SAIL, Tata Steel; high purity zinc from Hindustan Zinc. |
Raw materials supplier Steel Authority of India Limited, Tata Steel Limited, Hindustan Zinc Limited. |
Recurring vs cyclical contribution Revenue is largely cyclical tied to infrastructure and industrial demand. |
Our industry position Emerging as a competitive player in India’s steel pipe manufacturing with expanding market presence. |
Financial highlights FY 2025 revenue of ₹747 crores; net loss of ₹7.22 crores due to increased costs and interest expenses. |
Geographical revenue split Primarily India with growing exports internationally. |
Order book - |
Whats driving growth Infrastructure projects, solar energy expansion, and diversified steel product demand drive growth. |
Our future plans Capacity expansion, new product lines in solar mounting structures and steel poles under development. |
Our green promise Manufactures solar mounting structures supporting renewable energy adoption. |
Our people and values Committed workforce; emphasis on governance, transparency, and employee well-being. |
Key challenges ahead Market volatility, raw material cost fluctuations, and interest burden pose challenges. |
Interesting facts Listed on NSE SME platform in 2022 via IPO raising ₹62.5 crores. |
Risks and strategy Manages risk through enterprise risk management policy; focusing on cost control and operational efficiency. |
