---
title: "Balaji Steel Tubes & Pipes Ltd (513644) — Share Price, Financials & Analysis"
symbol: "513644"
company: "Balaji Steel Tubes & Pipes Ltd"
canonical: "https://tapetide.com/stocks/513644"
bse_code: "513644"
generated_at: "2026-10-13T10:59:16.252Z"
---

# Balaji Steel Tubes & Pipes Ltd (513644)

Canonical page: https://tapetide.com/stocks/513644

## Company

- **BSE Code:** 513644
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | 67% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.02 | 0.02 | 0.06 | 0.03 | 0.03 | 0.03 | 0.12 | 0.05 | 0.12 | 0.14 | 0.09 | 0.09 |
| Expenses | 0.22 | 0.16 | 0.1 | 0.07 | 0.07 | 0.1 | 0.08 | 0.11 | 0.19 | 0.13 | 0.27 | 0.1 |
| Operating Profit | -0.2 | -0.14 | -0.04 | -0.04 | -0.04 | -0.07 | 0.04 | -0.06 | -0.07 | 0.01 | -0.18 | -0.01 |
| OPM % | -1000 | -700 | -66.67 | -133.33 | -133.33 | -233.33 | 33.33 | -120 | -58.33 | 7.14 | -200 | -11.11 |
| Other Income | -0.07 | -0.04 | 0.03 | 0.02 | 0.01 | 0.01 | 0.14 | 0.01 | 0.01 | -0.37 | 0.02 | 0.16 |
| Interest | 0.03 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0 |
| Profit before tax | -0.3 | -0.18 | -0.01 | -0.02 | -0.03 | -0.06 | 0.17 | -0.06 | -0.07 | -0.37 | -0.17 | 0.15 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -0.3 | -0.19 | -0.01 | -0.02 | -0.03 | -0.06 | 0.17 | -0.05 | -0.07 | -0.37 | -0.16 | 0.15 |

### Profit & Loss

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

| Item | Mar 2009 | Mar 2010 |
| --- | --- | --- |
| Sales | 0 | 0 |
| Expenses | 0.03 | 0.01 |
| Operating Profit | -0.03 | -0.01 |
| Other Income | 0 | 0 |
| Interest | 0 | 0 |
| Depreciation | 0 | 0 |
| Profit before tax | -0.03 | -0.01 |
| Tax % | 0 | 0 |
| Net Profit | -0.03 | -0.01 |
| Dividend Payout % | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2009 | Mar 2010 |
| --- | --- | --- |
| Equity Capital | 5.94 | 5.94 |
| Reserves | -13.11 | -13.12 |
| Borrowings | 10.8 | 10.63 |
| Other Liabilities | 0.45 | 0.3 |
| Total Liabilities | 4.08 | 3.75 |
| Fixed Assets | 3.74 | 3.74 |
| CWIP | 0.24 | 0 |
| Investments | 0 | 0 |
| Other Assets | 0.1 | 0.01 |
| Total Assets | 4.08 | 3.75 |

### Cash Flow

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

| Item | Mar 2009 | Mar 2010 |
| --- | --- | --- |
| Cash from Operating Activity | 0 | 0.17 |
| Cash from Investing Activity | 0 | 0 |
| Cash from Financing Activity | 0 | -0.17 |
| Net Cash Flow | 0 | 0 |
| Free Cash Flow | 0 | 0.17 |
| CFO/OP | 0 | -1700 |

### Ratios

| Item | Mar 2009 | Mar 2010 |
| --- | --- | --- |
| ROCE % | — | -0.28 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Jun 2021 |
| --- | --- | --- | --- | --- | --- | --- |
| Promoters | 87.56% | 87.56% | 87.56% | 87.56% | 87.56% | 87.56% |
| DIIs | 0.09% | 0.09% | 0.09% | 0.09% | 0.09% | 0.09% |
| Public | 12.35% | 12.35% | 12.35% | 12.35% | 12.35% | 12.35% |
| No. of Shareholders | 9845 | 9845 | 9837 | 9837 | 9835 | 9835 |

### Quarterly

| Category | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 87.56% | 87.56% | 87.56% | 87.56% | 87.56% | 87.56% | 87.56% | 87.56% | 87.55% | 87.55% | 87.56% | 87.56% |
| DIIs | 0.09% | 0.09% | 0.09% | 0.09% | 0.09% | 0.09% | 0.09% | 0.09% | 0.09% | 0.09% | 0.09% | 0.09% |
| Public | 12.35% | 12.35% | 12.35% | 12.35% | 12.35% | 12.35% | 12.35% | 12.35% | 12.37% | 12.37% | 12.35% | 12.35% |
| No. of Shareholders | 9845 | 9837 | 9837 | 9837 | 9837 | 9837 | 9837 | 9837 | 9837 | 9837 | 9835 | 9835 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 5 / 10

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 2433.27 | Sell |
| EMA (10) | 2431.25 | Sell |
| SMA (20) | 2549.17 | Sell |
| EMA (20) | 2457.73 | Sell |
| SMA (50) | 2305.98 | Buy |
| EMA (50) | 2411.99 | Buy |
| SMA (100) | 2453.93 | Sell |
| EMA (100) | 2445.38 | Sell |
| SMA (200) | 2565.36 | Sell |
| EMA (200) | 2565.86 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 49 | Neutral |
| MACD (12,26,9) | -2.12 | Sell |
| Stochastic (14,3,3) | 13.47 | Buy |
| ADX (14) | 22.25 | Neutral |
| Williams %R (14) | -78.2 | Neutral |
| ATR (14) | 161.82 | High Volatility |
| ROC (12) | -18.27 | Sell |
| Stoch RSI (14) | 19.22 | Buy |
| UO (7,14,28) | 46.91 | Neutral |

---

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 2026-10-13T10:59:16.252Z.