---
title: "Metalman Industries Ltd (METALPIPE) — Share Price, Financials & Analysis"
symbol: "METALPIPE"
company: "Metalman Industries Ltd"
canonical: "https://tapetide.com/stocks/METALPIPE"
generated_at: "2026-10-13T10:58:39.875Z"
---

# Metalman Industries Ltd (METALPIPE)

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

## Company

- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** metalman-india.com

## About

Metalman Industries Limited, incorporated in India, Listed on the Bombay Stock exchange Limited, the company is engaged in  Manufacturer and Exporter of Galvanised Plain & Corrugated Sheets and Coils, Cold Rolled Sheets & Strips

## Latest Price

## Key Insights

### Strengths

- Stock is trading at 0.08 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company's cost of borrowing seems high

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | -69% | -79% |
| revenue growth | 7% | 7% |

## Financial Statements

### Profit & Loss

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

| Item | Mar 2006 | Mar 2007 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- |
| Sales | 312 | 343 | 388 | 415 |
| Expenses | 294 | 322 | 368 | 394 |
| Operating Profit | 17 | 21 | 19 | 21 |
| OPM % | 6 | 6 | 5 | 5 |
| Other Income | 0 | 2 | 2 | 2 |
| Interest | 10 | 13 | 17 | 19 |
| Depreciation | 2 | 3 | 4 | 4 |
| Profit before tax | 5 | 7 | 0 | 0 |
| Tax % | 18 | 10 | -45 | 89 |
| Net Profit | 4 | 6 | 0 | 0 |
| EPS in Rs | 3.79 | 5.15 | 0.14 | 0.04 |
| Dividend Payout % | 0 | 16 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2006 | Mar 2007 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- |
| Equity Capital | 12 | 12 | 12 | 12 |
| Reserves | 57 | 61 | 66 | 65 |
| Borrowings | 90 | 86 | 90 | 93 |
| Other Liabilities | 48 | 65 | 78 | 89 |
| Total Liabilities | 207 | 225 | 247 | 259 |
| Fixed Assets | 49 | 46 | 40 | 36 |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| Other Assets | 158 | 179 | 207 | 223 |
| Total Assets | 207 | 225 | 247 | 259 |

### Cash Flow

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

| Item | Mar 2006 | Mar 2007 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | -1 | 4 | 10 | 6 |
| Cash from Investing Activity | -4 | 0 | 0 | 0 |
| Cash from Financing Activity | 5 | -4 | -9 | 3 |
| Net Cash Flow | 0 | 0 | 0 | 9 |
| Free Cash Flow | -6 | 4 | 9 | 6 |
| CFO/OP | -5 | 23 | 52 | 30 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- |
| Debtor Days | 67 | 60 | 77 | 78 |
| Inventory Days | 125 | 122 | 99 | 111 |
| Days Payable | 48 | 57 | 60 | 77 |
| Cash Conversion Cycle | 144 | 126 | 116 | 112 |
| Working Capital Days | 128 | 119 | 116 | 105 |
| ROCE % | — | 12 | — | 11 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 12 / 5 / 2

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 39.2 | Sell |
| EMA (10) | 38.39 | Sell |
| SMA (20) | 35.65 | Buy |
| EMA (20) | 36.3 | Buy |
| SMA (50) | 31.71 | Buy |
| EMA (50) | 33.91 | Buy |
| SMA (100) | 33.93 | Buy |
| EMA (100) | 34.09 | Buy |
| SMA (200) | 35.64 | Buy |
| EMA (200) | 34.27 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 61.8 | Neutral |
| MACD (12,26,9) | 2.56 | Buy |
| Stochastic (14,3,3) | 76.29 | Neutral |
| ADX (14) | 31.2 | Buy |
| Williams %R (14) | -40.61 | Neutral |
| ATR (14) | 1.29 | High Volatility |
| ROC (12) | 11.76 | Buy |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 53.03 | Neutral |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| Mar 2010 | [Annual Report 2010](https://www.bseindia.com/bseplus/AnnualReport/513131/5131310310.pdf) |

---

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 2026-10-13T10:58:39.875Z.