Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Swastik Pipe's Debt-to-Equity or its related term are showing as below:
NSE:SWASTIK's Debt-to-Equity is not ranked *
in the Steel industry.
Industry Median: 0.4 * Ranked among companies with meaningful Debt-to-Equity only.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Swastik Pipe Debt-to-Equity Related Terms
Swastik Pipe Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Swastik Pipe's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:SWASTIK vs NUE, STLD, RS: Debt-to-Equity Comparison
For the Steel subindustry, Swastik Pipe's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Swastik Pipe Debt-to-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Swastik Pipe's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Swastik Pipe's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Swastik Pipe (NSE:SWASTIK) has a Debt-to-Equity of 0.61 as of Mar. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Swastik Pipe and its competitors.
Is Swastik Pipe's Debt-to-Equity too high?
Swastik Pipe's current Debt-to-Equity is 0.61. The Steel industry median Debt-to-Equity is 0.40. Swastik Pipe's value of 0.61 is 52.5% above this industry median. Overall, Swastik Pipe has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Swastik Pipe's Debt-to-Equity compare to NUE and STLD?
Swastik Pipe's Debt-to-Equity of 0.61 can be compared against companies in the Steel industry. The industry median Debt-to-Equity is 0.40. Swastik Pipe's value of 0.61 is 52.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Steel company?
The median Debt-to-Equity among Steel companies is 0.40, based on 548 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Swastik Pipe's current Debt-to-Equity of 0.61 is 52.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Swastik Pipe and its competitors. For the Steel industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swastik Pipe's current Debt-to-Equity is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swastik Pipe stock overvalued right now?
Swastik Pipe (NSE:SWASTIK) has a current Debt-to-Equity of 0.61. The current Debt-to-Equity is 0.61 and 52.5% above the Steel industry median of 0.40. Swastik Pipe's overall GF Score™ is 62/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Swastik Pipe (NSE:SWASTIK), the current Debt-to-Equity is 0.61 as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Swastik Pipe Ltd manufactures and exports a range of steel pipes and related products in India. Its product portfolio includes mild steel and carbon steel electric resistance welded (ERW) black and galvanized pipes, hollow steel pipes, cold-rolled steel strips and coils, swaged tubular poles, and solar mounting structures. The company operates manufacturing plants in Haryana and Uttar Pradesh with a notable installed capacity. Swastik Pipe serves industries such as construction, infrastructure, and energy, exporting products to various countries. Revenue is generated through the sale of its steel pipe products both domestically and internationally.
62GF Score
Get the complete analysis for NSE:SWASTIK
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:SWASTIK has been successfully added to your 
