Srikalahasthi Pipes Ltd.    
21 Nov 2018
122.25
0.70%
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. is trading below all available SMAs
Srikalahasthi Pipes Ltd.    
10 Aug 2018
122.25
0.70%
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.
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Number of FIIs/FPIs holding stock fell by 11 to 23 in Sep 2020 qtr.
Srikalahasthi Pipes Ltd.    
07 Jun 2018
122.25
0.70%
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. is trading below all available SMAs
Srikalahasthi Pipes Ltd.    
24 May 2018
122.25
0.70%
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.
Srikalahasthi Pipes Ltd. is trading below all available SMAs
Srikalahasthi Pipes Ltd.    
01 Mar 2018
122.25
0.70%
Choice India
Valuation: We estimate SPL's total operating income to grow at 14.5% CAGR over FY17-20 to Rs. 18,066.4mn, while EBITDA and PAT to grow at 18.3% and 20.8% CAGR, respectively, over the same period to Rs. 3,922.7mn and Rs. 2,470.8mn. Based on EV/EBITDA multiple of 5.8x to FY20E EBITDA, we arrive at a target price of Rs. 393 per share, translating into a potential gain of 13.2%....
Srikalahasthi Pipes Ltd. is trading below all available SMAs
Srikalahasthi Pipes Ltd.    
08 Feb 2018
122.25
0.70%
Religare
Srikalahasthi Pipes Ltds (SPL) Q3FY18 numbers (YoY) were marginally below our estimates. While net revenue increased by 32.4%, PAT declined marginally by 1.6%. Impacted by higher input cost, the EBITDA margins contracted 879bps YoY to 15.4%.
Srikalahasthi Pipes Ltd. has lost -34.97% in the last 3 Months
Srikalahasthi Pipes Ltd.    
10 Nov 2017
122.25
0.70%
Religare
Srikalahasthi Pipes Ltd (SPL) reported encouraging numbers for Q2FY18 with Net Revenue and PAT growth of 94.6% & 43.1% YoY, in line with our estimates. Led by higher input prices, EBITDA margins contracted 91bps YoY to 19.4%.
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Number of FIIs/FPIs holding stock fell by 11 to 23 in Sep 2020 qtr.
Srikalahasthi Pipes Ltd.    
31 Oct 2017
122.25
0.70%
Reliance Securities
Srikalahasthi Pipes (SPL) has delivered a subdued performance in 2QFY18. While the numbers look encouraging on YoY basis, but the same is not comparable as SPL undertook a planned maintenance shutdown of its mini blast furnace in 2QFY17 for about 30days. Hence, while its revenue surged by 95% YoY, it fell by 21.4% QoQ to Rs3.4bn (vs. our estimate Rs4.59bn). EBITDA increased by 86% YoY (+2.5% QoQ) to Rs659mn vs. our estimate Rs767mn. Though EBITDA margin contracted by 91bps YoY, it surged by 452bps QoQ to 19.4% (vs. our estimate of 16.7%) owing to softening of coking coal prices during the quarter. Notably, EBITDA sharply declined in 1QFY18 due to a steep rise in prices of key raw material i.e. coking coal, which rose to...
Srikalahasthi Pipes Ltd. has lost -34.97% in the last 3 Months
Srikalahasthi Pipes Ltd.    
25 Sep 2017
122.25
0.70%
Choice India
Srikalahasthi Pipes Ltd. (SPL) one of the leading manufacturers of DI pipes in India, reported a mixed set of numbers for Q1 FY18. It reported a 53.7% Y-o-Y rise in the revenue to Rs. 4,404.9mn, while there was a sharp contraction in...
Srikalahasthi Pipes Ltd. has lost -30.22% in the last 1 Year
Srikalahasthi Pipes Ltd.    
18 Aug 2017
122.25
0.70%
Religare
Srikalahasthi Pipes Ltd (SPL) reported in-line numbers on the profit front with 14.7% & 15.2% YoY de-growth in EBITDA and PAT. However, revenue growth of 55.1% YoY was impressive and significantly above our estimates.
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Number of FIIs/FPIs holding stock fell by 11 to 23 in Sep 2020 qtr.