---
title: "Siddhartha Tubes Ltd (SIDDHATUBE) — Share Price, Financials & Analysis"
symbol: "SIDDHATUBE"
company: "Siddhartha Tubes Ltd"
canonical: "https://tapetide.com/stocks/SIDDHATUBE"
sector: "Industrials"
industry: "Industrial Products"
generated_at: "2026-09-13T20:39:15.083Z"
---

# Siddhartha Tubes Ltd (SIDDHATUBE)

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

## Company

- **Sector:** Industrials
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** siddhart.com

## About

Siddhartha Tubes is the flagship company of the Siddhartha Group of Industries, manufactures tubes and pipes for agriculture and industry for various applications.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -12.3% over past five years.
- Contingent liabilities of Rs.6.35 Cr.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -1% | — | — |
| revenue growth | -22% | -36% | -12% |

## Financial Statements

### Quarterly Results

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

| Item | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 36.02 | 34.19 | 29.97 | 17.68 | 16.63 | 23.89 | 14.06 | 9.87 | 11.9 | 13.93 | 16.56 | 8.06 |
| Expenses | 37.3 | 36.1 | 32.48 | 20.44 | 20.87 | 28.76 | 16.95 | 11.39 | 13.65 | 21.36 | 18.44 | 8.31 |
| Operating Profit | -1.28 | -1.91 | -2.51 | -2.76 | -4.24 | -4.87 | -2.89 | -1.52 | -1.75 | -7.43 | -1.88 | -0.25 |
| OPM % | -3.55 | -5.59 | -8.38 | -15.61 | -25.5 | -20.39 | -20.55 | -15.4 | -14.71 | -53.34 | -11.35 | -3.1 |
| Other Income | 0.03 | 16.86 | 0.06 | 0.01 | 0.69 | 5.57 | 0.01 | 0.03 | 0.14 | 0.06 | 0 | 0.01 |
| Interest | 0.22 | 0.66 | 0.06 | 0.07 | 0.07 | 0.21 | 0.09 | 0.07 | 0.11 | 0.97 | 0.04 | 0 |
| Depreciation | 2.5 | 1.9 | 2.35 | 0.5 | 0.56 | -0.8 | 0.65 | 0.65 | 0.65 | 0.65 | 0.64 | 0.64 |
| Profit before tax | -3.97 | 12.39 | -4.86 | -3.32 | -4.18 | 1.29 | -3.62 | -2.21 | -2.37 | -8.99 | -2.56 | -0.88 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -3.96 | 12.39 | -4.85 | -3.33 | -4.18 | 1.29 | -3.62 | -2.21 | -2.37 | -8.99 | -2.56 | -0.88 |
| EPS in Rs | -6.6 | 20.65 | -8.08 | -5.55 | -6.97 | 2.15 | -6.03 | -3.68 | -3.95 | -14.98 | -4.27 | -1.47 |

### Profit & Loss

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

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 138 | 166 | 170 | 169 | 242 | 332 | 235 | 199 | 88 | 50 |
| Expenses | 150 | 178 | 186 | 185 | 240 | 330 | 249 | 205 | 102 | 62 |
| Operating Profit | -12 | -12 | -16 | -16 | 2 | 3 | -14 | -6 | -14 | -11 |
| OPM % | -9 | -7 | -9 | -9 | 0.9 | 0.8 | -6 | -3.1 | -16 | -22 |
| Other Income | 28 | 13 | 11 | 33 | 15 | 22 | 2 | 20 | 6 | 0 |
| Interest | 25 | 2 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 1 |
| Depreciation | 12 | 12 | 12 | 12 | 11 | 10 | 10 | 9 | 3 | 3 |
| Profit before tax | -21 | -14 | -17 | 5 | 5 | 14 | -23 | 3 | -11 | -15 |
| Tax % | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net Profit | -21 | -14 | -17 | 5 | 5 | 14 | -23 | 3 | -11 | -15 |
| EPS in Rs | -35.58 | -23.08 | -28.9 | 8.97 | 8.9 | 22.6 | -39.13 | 5.68 | -18.47 | -24.67 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Reserves | -171 | -193 | -202 | -109 | -104 | -99 | -115 | -139 | -140 | -151 |
| Borrowings | 441 | 430 | 429 | 434 | 410 | 383 | 349 | 364 | 328 | 323 |
| Other Liabilities | 117 | 148 | 140 | 31 | 34 | 48 | 67 | 67 | 75 | 84 |
| Total Liabilities | 393 | 392 | 373 | 362 | 346 | 338 | 307 | 298 | 269 | 262 |
| Fixed Assets | 203 | 191 | 179 | 167 | 149 | 135 | 108 | 98 | 83 | 86 |
| CWIP | 128 | 133 | 133 | 133 | 124 | 119 | 102 | 102 | 90 | 90 |
| Investments | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 60 | 67 | 60 | 62 | 73 | 85 | 97 | 98 | 95 | 86 |
| Total Assets | 393 | 392 | 373 | 362 | 346 | 338 | 307 | 298 | 269 | 262 |

### Cash Flow

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -41 | -8 | 1 | -2 | 9 | 21 | 27 | -13 | 14 | -3 |
| Cash from Investing Activity | -12 | -5 | -1 | 1 | 15 | 8 | 34 | 0 | 17 | 0 |
| Cash from Financing Activity | 53 | 13 | -1 | 2 | -24 | -26 | -62 | 13 | -32 | 2 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 3 | -1 | 0 | -1 | -1 |
| Free Cash Flow | -53 | -13 | 1 | -3 | 24 | 29 | 61 | -13 | 32 | -3 |
| CFO/OP | 178 | 66 | -11 | 15 | -54 | 993 | 1023 | 92 | -228 | 24 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 57 | 28 | 25 | 27 | 19 | 13 | 12 | 17 | 19 | 23 |
| Inventory Days | 110 | 84 | 52 | 50 | 51 | 64 | 52 | 57 | 69 | 131 |
| Days Payable | 92 | 84 | 63 | 67 | 72 | 42 | 49 | 70 | 82 | 178 |
| Cash Conversion Cycle | 76 | 27 | 15 | 10 | -1 | 34 | 15 | 5 | 6 | -24 |
| Working Capital Days | -277 | -242 | -199 | 44 | 63 | -15 | -21 | -50 | -70 | -187 |
| ROCE % | — | 2 | -5 | -6 | 2 | 2 | -3 | -9 | -6 | -9 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Dec 2017 |
| --- | --- | --- |
| Promoters | 55.95% | 55.95% |
| DIIs | 0.15% | 0.15% |
| Public | 43.89% | 43.89% |
| No. of Shareholders | 11783 | 11768 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Dec 2017 |
| --- | --- | --- | --- | --- | --- | --- |
| Promoters | 55.95% | 55.95% | 55.95% | 55.95% | 55.95% | 55.95% |
| DIIs | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% |
| Public | 43.89% | 43.89% | 43.89% | 43.89% | 43.89% | 43.89% |
| No. of Shareholders | 12016 | 11933 | 11852 | 11783 | 11760 | 11768 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 7 / 10

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 30.26 | Sell |
| EMA (10) | 30.13 | Sell |
| SMA (20) | 30.61 | Sell |
| EMA (20) | 30.49 | Sell |
| SMA (50) | 31.6 | Sell |
| EMA (50) | 31.63 | Sell |
| SMA (100) | 33.77 | Sell |
| EMA (100) | 33.77 | Sell |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 39.24 | Neutral |
| MACD (12,26,9) | -0.46 | Sell |
| Stochastic (14,3,3) | 32.56 | Neutral |
| ADX (14) | 17.83 | Neutral |
| Williams %R (14) | -98.86 | Buy |
| ATR (14) | 1.44 | High Volatility |
| ROC (12) | -6.79 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 57.42 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| — | [Financial Results 23 Mar 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e3fded0b-edd1-4dba-8f75-a28bf7b17e35.pdf) |
| — | [Board Meeting Intimation for Results 23 Mar 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dedb5164-3499-4db7-9191-2754b837313c.pdf) |
| — | [Financial Results 23 Mar 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/3/e3fded0b-edd1-4dba-8f75-a28bf7b17e35.pdf) |
| — | [Board Meeting Intimation for Results 23 Mar 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/3/dedb5164-3499-4db7-9191-2754b837313c.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/523728/5237280315.pdf) |
| from bse | [Annual Report 2010 from bse](https://www.bseindia.com/bseplus/AnnualReport/523728/5237280310.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 2026-09-13T20:39:15.083Z.