---
title: "Gwalior Polypipes Ltd (506987) — Share Price, Financials & Analysis"
symbol: "506987"
company: "Gwalior Polypipes Ltd"
canonical: "https://tapetide.com/stocks/506987"
bse_code: "506987"
generated_at: "2026-10-13T11:01:23.646Z"
---

# Gwalior Polypipes Ltd (506987)

Canonical page: https://tapetide.com/stocks/506987

## Company

- **BSE Code:** 506987
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** gwaliorpolypipes.com

## About

Gwalior Polypipes Ltd engaged manufacturer, supplier of pvc pipes, pvc plain pipes, rigid pvc pipes, rigid pvc plain pipes, rigid pvc bore well pipes, rigid pvc casing pipes.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -5.78% over past five years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -344% | -4% | — |
| revenue growth | -31% | -2% | -6% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 40 | 50 | 100 | 119 | 121 | 153 |
| Expenses | 38 | 36 | 59 | 82 | 83 | 100 |
| Operating Profit | 1 | 13 | 41 | 37 | 39 | 53 |
| OPM % | 4 | 27 | 41 | 31 | 32 | 35 |
| Other Income | 0 | 0 | 2 | 0 | 4 | 2 |
| Interest | 0 | 0 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 1 | 3 | 3 | 3 | 3 |
| Profit before tax | 1 | 12 | 40 | 33 | 38 | 51 |
| Tax % | 34 | 24 | 33 | 18 | 26 | 24 |
| Net Profit | 1 | 9 | 27 | 27 | 28 | 38 |
| EPS in Rs | 0.34 | 3.64 | 10.81 | 10.89 | 11.42 | 14.76 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 3.47 | 5.74 | 5.36 | 6.07 | 5.9 | 5.07 | 4.62 | 5.01 | 6.32 | 4.38 |
| Expenses | 3.29 | 5.23 | 4.88 | 5.48 | 5.48 | 5.27 | 4.89 | 5.32 | 6.1 | 4.71 |
| Operating Profit | 0.18 | 0.51 | 0.48 | 0.59 | 0.42 | -0.2 | -0.27 | -0.31 | 0.22 | -0.33 |
| OPM % | 5.19 | 8.89 | 8.96 | 9.72 | 7.12 | -3.94 | -5.84 | -6.19 | 3.48 | -7.53 |
| Other Income | 0.14 | 0.07 | 0.18 | 0.01 | 0.02 | 0.27 | 0.05 | 0 | 0.01 | 0.03 |
| Interest | 0.01 | 0.02 | 0.02 | 0.02 | 0.03 | 0.01 | 0 | 0.01 | 0.01 | 0.02 |
| Depreciation | 0.24 | 0.22 | 0.2 | 0.21 | 0.19 | 0.15 | 0.13 | 0.15 | 0.06 | 0.07 |
| Profit before tax | 0.07 | 0.34 | 0.44 | 0.37 | 0.22 | -0.09 | -0.35 | -0.47 | 0.16 | -0.39 |
| Tax % | 14.29 | 2.94 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 0.06 | 0.33 | 0.44 | 0.37 | 0.23 | -0.09 | -0.35 | -0.47 | 0.16 | -0.39 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 6.37 | 6.37 | 6.37 | 6.37 | 6.37 | 6.37 | 6.41 | 6.41 | 6.41 | 6.41 |
| Reserves | -7.65 | -7.32 | -6.88 | -6.51 | -6.28 | -6.37 | -6.72 | -7.19 | -7.03 | -7.41 |
| Borrowings | 2.7 | 2.57 | 2.05 | 2.07 | 2.04 | 1.84 | 1.81 | 1.81 | 1.81 | 1.81 |
| Other Liabilities | 3.26 | 4.13 | 3.64 | 3.96 | 3.85 | 4.3 | 3.3 | 3.62 | 3.42 | 3.94 |
| Total Liabilities | 4.68 | 5.75 | 5.18 | 5.89 | 5.98 | 6.14 | 4.8 | 4.65 | 4.61 | 4.75 |
| Fixed Assets | 1.98 | 1.81 | 1.79 | 1.63 | 1.46 | 1.3 | 1.18 | 1.04 | 0.98 | 0.98 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 |
| Other Assets | 2.45 | 3.69 | 3.14 | 4.01 | 4.27 | 4.59 | 3.37 | 3.36 | 3.38 | 3.52 |
| Total Assets | 4.68 | 5.75 | 5.18 | 5.89 | 5.98 | 6.14 | 4.8 | 4.65 | 4.61 | 4.75 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.23 | 0.03 | 0.81 | -0.21 | 0.14 | 0.09 | 0.05 | -0.16 | 0.19 | 0.02 |
| Cash from Investing Activity | -0.12 | -0.03 | -0.16 | -0.03 | -0.01 | 0.02 | 0 | 0.05 | 0 | -0.06 |
| Cash from Financing Activity | 0.4 | -0.15 | -0.52 | -0.01 | -0.07 | -0.16 | 0.01 | -0.01 | -0.08 | 0 |
| Net Cash Flow | 0.05 | -0.15 | 0.13 | -0.25 | 0.06 | -0.05 | 0.06 | -0.12 | 0.11 | -0.04 |
| Free Cash Flow | -0.35 | -0.01 | 0.63 | -0.26 | 0.12 | 0.09 | 0.05 | -0.16 | 0.19 | -0.05 |
| CFO/OP | -128 | 6 | 169 | -36 | 33 | -45 | -19 | 52 | 86 | -6 |

### Ratios

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 64.16 | 97.93 | 64.01 | 94.41 | 61.86 | 98.63 | 66.36 | 78.68 | 39.27 | 50 |
| Inventory Days | 44.08 | 55.93 | 66.27 | 75.44 | 171.6 | 136.15 | 84.68 | 75.3 | 98.63 | 150.36 |
| Days Payable | 95.22 | 134.42 | 99.92 | 133.13 | 132.11 | 127.46 | 46.72 | 0 | 42.99 | 95.88 |
| Cash Conversion Cycle | 13.03 | 19.43 | 30.37 | 36.72 | 101.36 | 107.32 | 104.32 | 153.99 | 94.91 | 104.48 |
| Working Capital Days | -130.43 | -45.78 | -61.97 | -1.8 | 17.32 | 14.4 | -10.27 | -21.13 | -8.09 | -40.83 |
| ROCE % | 6.72 | 23.03 | 29.11 | 22.48 | 12.81 | -4.03 | -20.96 | -36.36 | 15.32 | -37 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 |
| --- | --- | --- |
| Promoters | 22.05% | 22.05% |
| DIIs | 2.51% | 2.51% |
| Public | 75.43% | 75.43% |
| No. of Shareholders | 14391 | 14391 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 22.05% | 22.05% | 22.05% | 22.05% | 22.05% | 22.05% | 22.05% | 22.05% |
| DIIs | 2.51% | 2.51% | 2.51% | 2.51% | 2.51% | 2.51% | 2.51% | 2.51% |
| Public | 75.43% | 75.43% | 75.43% | 75.43% | 75.43% | 75.43% | 75.43% | 75.43% |
| No. of Shareholders | 14391 | 14391 | 14391 | 14391 | 14391 | 14391 | 14391 | 14391 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 8 / 7 / 4

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 551.92 | Buy |
| EMA (10) | 555.31 | Buy |
| SMA (20) | 558.26 | Buy |
| EMA (20) | 552.34 | Buy |
| SMA (50) | 534.02 | Buy |
| EMA (50) | 542.68 | Buy |
| SMA (100) | 533.7 | Buy |
| EMA (100) | 546.04 | Buy |
| SMA (200) | 568.45 | Sell |
| EMA (200) | 591.32 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 55 | Neutral |
| MACD (12,26,9) | 5.1 | Sell |
| Stochastic (14,3,3) | 60.55 | Neutral |
| ADX (14) | 14.27 | Neutral |
| Williams %R (14) | -37.49 | Neutral |
| ATR (14) | 18.62 | High Volatility |
| ROC (12) | -1.43 | Sell |
| Stoch RSI (14) | 56 | Neutral |
| UO (7,14,28) | 62.42 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-03-06 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/xml-data/corpfiling/AttachLive/e7a2d3f0-3e9a-406e-a256-f5645fad6fea.pdf) |
| 2026-03-06 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/xml-data/corpfiling/AttachLive/a6770a43-7239-404b-a9ab-ba1c86673522.pdf) |
| 2026-03-02 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/xml-data/corpfiling/AttachHis/86ff9d43-4c46-4c86-bfde-66b576352b49.pdf) |
| 2026-02-19 | [Announcement Under Regulation 30 Of LODR - Declaration As 'Designated Indian Carrier'](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b178b563-7cf6-4b24-b921-3214e319bd6d.pdf) |
| 2026-02-12 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6ad3bc6a-857a-4ac1-baa5-a7a2378a7ced.pdf) |
| 2026-02-10 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f43299b8-bda6-42a2-9e1e-46545d3528f0.pdf) |
| 2026-02-10 | [Financial Results For The Period Ended December 31, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/63bb2210-182e-426f-887a-732fc3130ca3.pdf) |
| 2026-02-05 | [Board Meeting Intimation for Financial Results For The Period Ended December 31, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6d8925cc-38b5-4d44-a63d-b21e50972aed.pdf) |
| 2026-01-09 | [Announcement under Regulation 30 (LODR)-Credit Rating](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a3d50ad5-d447-4ede-bcd5-f6b4d4945c4c.pdf) |
| 2018-02-22 | [Statement Of Investor Complaint For The Quarter Ended 31St December, 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3fede5fb-4bf3-4525-9f1a-af787b17a133.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/34664ad5-f4e5-4e1e-b2b6-66955b95307b.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Mar 2026 | [Concall - Mar 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/e7a2d3f0-3e9a-406e-a256-f5645fad6fea.pdf) |
| Aug 2025 | [Concall - Aug 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/226c9595-5885-42fa-a6e9-67813edd79be.pdf) |
| Mar 2025 | [Concall - Mar 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a0104f1f-b698-4853-9a6a-c95432442161.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b4120cc5-32b9-44b5-b72e-047959629ce8.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2026-01-08 | Credit rating update — Acuité |
| 2026-01-08 | Credit rating update — Acuité |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:01:23.646Z.