Srikalahasthi Pipes Ltd. News and Updates

Name: Latest research reports of Srikalahasthi Pipes Ltd. authored by Religare and published by - Trendlyne research reports.
Item: Srikalahasthi Pipes Ltd.
Rating: 5
Author: Religare

Keep track of all breaking news on Srikalahasthi Pipes Ltd. from all sources in a single place.

Srikalahasthi Pipes Ltd.

07 Jun 2020

Covid-19 delays Srikalahasthi Pipes' expansion plans

Business Line

Srikalahasthi Pipes (NSE: SRIPIPES), which makes ductile iron pipes for water supply, was finding the going pretty good for most part of 2019-20. Sin

Srikalahasthi Pipes Ltd.

10 Feb 2020

Srikalahasthi Pipes beats slowdown, books 500-cr order in six months

Business Line

Company looking to expand capacity; enable supply of larger pipes

Srikalahasthi Pipes Ltd.

06 Feb 2020

Srikalahasthi Pipes nets Rs 67 cr profit in Q3

Business Line

Srikalahasthi Pipes Limited has posted a profit of Rs.67.66 crore for the quarter ended December 31, 2019 as against Rs 31.15 crore in the same quart

Srikalahasthi Pipes Ltd.

24 Jul 2019

Srikalahasthi Pipes to invest 400 crore in Ductile Pipe plant expansion

Business Line

The board of directors of Srikalahasthi Pipes Ltd has approved a plan to increase the capacity of its Ductile Iron Pipe plant from 3,00,000 tonnes

Srikalahasthi Pipes Ltd.

10 Feb 2019

Srikalahasthi Pipes: Buy

Business Line

The stock of Srikalahasthi Pipes (180.6) jumped 5.5 per cent, accompanied by good volume on Friday, closing above the 21-day moving average line. Be

Srikalahasthi Pipes Ltd.

21 Nov 2018

Srikalahasthi Pipes Ltd. - Q2FY19 Result Update -Strong revenue growth, but depressed margins

Buy: Srikalahasthi Pipes Ltd.

Target

Religare

Srikalahasthi Pipes Ltd (SPL) registered strong revenue growth of 28.6% YoY in Q2FY19, largely driven by volumes. However, EBITDA and PAT declined by 15% & 10.5% respectively, which was disappointing and significantly below our estimates. Impacted by muted realizations, input cost inflation and rupee depreciation, EBITDA margins contracted sharply by 657bps YoY to 12.8%.

Srikalahasthi Pipes Ltd.

10 Aug 2018, 10:17AM

Srikalahasthi Pipes Ltd. - Q1FY19 Result Update - Subdued performance continues

Results Update: Srikalahasthi Pipes Ltd.

Religare

Srikalahasthi Pipes Ltd's (SPL) Q1FY19 numbers (YoY) were disappointing and below our estimates on all parameters. Net revenue, EBITDA & PAT declined by 31.6%, 55.9% & 52.6% respectively, impacted by poor realizations and temporary shut-down of mini blast furnace (MBF) in June (for 12 days), which resulted in lower production & sales and higher cost.

Srikalahasthi Pipes Ltd.

02 Aug 2018

Srikalahasthi Pipes plans to install new mini blast furnace

Business Line

Srikalahasthi Pipes Ltd plans to replace its existing mini blast furnace by installing a new one with a liquid metal capacity of over 1,000 tonnes per

Srikalahasthi Pipes Ltd.

07 Jun 2018

Q4 FY18 RESULT UPDATE SRIKALAHASTHI PIPES LTD.

Buy: Srikalahasthi Pipes Ltd.

Recommendation Target

Choice India

Srikalahasthi Pipes Ltd. (SPL) one of the leading manufacturers of DI pipes in India, reported its Q4 FY18 numbers, which was below our expectations. The company reported a bottom-line of Rs. 343.3mn (growth of 10% Y-o-Y) on a...

Srikalahasthi Pipes Ltd.

24 May 2018

Srikalahasthi Pipes Ltd. - Q4FY18 Result Update - Disappointing quarter

Buy: Srikalahasthi Pipes Ltd.

Target

Religare

Srikalahasthi Pipes Ltds (SPL) Q4FY18 numbers (YoY) were below our estimates on all parameters. Net revenue declined by 21.5%, impacted by lower realization in DI pipes and absence of trading sales during the quarter. EBITDA de-grew marginally by 2.8% YoY, while PAT grew by 10% YoY.

Is Srikalahasthi Pipes Ltd. worth buying?

150 Votes:

Buy 79.33%

Sell 12.67%

Hold 8.0%