Srikalahasthi Pipes (Delisted) share price history

Formerly Lanco Industries

Last traded ₹200.80 on 12 Jan 2022

Delisted on 31 Mar 2022.

Last announcements

The company's own last announcements before its shares stopped trading, routine notices left out.Share news and announcements

Jan 2022
- 11 Jan · Suspension of Trading
  Members of the Exchange are hereby informed that trading in Equity Shares of Srikalahasthi Pipes Limited shall be suspended w.e.f. January 13, 2022 (i.e., closing hours of trading on January 12, 2022) on account of Scheme of Amalgamation
- 4 Jan · Corporate action
  Record date for the purpose of Merger/HiveOff is 14-Jan-2022. (opens in a new tab)
- 4 Jan · Business
  Further to our intimation dated 31st December, 2021 regarding filing of certified copy of the order of NCLT sanctioning the Scheme of Amalgamation of Srikalahasthi Pipes Limited (Transferor .... (opens in a new tab)
- 4 Jan · Business
  Amalgamation/Merger (opens in a new tab)
- 1 Jan · Business
  We wish to inform that the Company has on 31 December, 2021 filed the certified copy of order dated 22nd November, 2021 and subsequent .... (opens in a new tab)
- 1 Jan · Business
  Amalgamation/Merger (opens in a new tab)

Results

Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Sep 2021, against the quarter beforeFiled 2 Nov

Revenue: ₹439 Crup 0.34%
Net profit: ₹36 Crdown 17.07%
Net margin: 8.2%

Revenue by year

Net profit by year, a loss in red

Net profit
Loss

A loss in 2 of the 10 years shown

The years either side of a change of basis do not compare. From the year to Mar 2017, the company's revenue for that year, ₹1,203 Cr, differs from its quarters added, ₹1,185 Cr. From the year to Mar 2018, GST replaced excise duty on 1 Jul 2017, and revenue before that day includes the duty.

₹ crore	Dec 2019Filed 3 Feb	Mar 2020Filed 2 Jun	Jun 2020Filed 27 Jul	Sep 2020Filed 6 Nov	Dec 2020Filed 28 Jan	Mar 2021Filed 5 May	Jun 2021Filed 4 Aug	Sep 2021Filed 2 Nov
Revenue	446	398	204	397	427	475	437	439
Net profit	68	51	−8	25	47	40	43	36
Net margin	15.2%	12.7%	−3.9%	6.3%	11.0%	8.4%	9.9%	8.2%

Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2021 the company reports one business segment, Ductile Iron Pipes, which carries all its revenue.

Where the return came from

Yearly rates to Mar 2021, per-share figures restated for splits and bonuses.

Over	Return a year	Earnings growth	Change in P/E	Dividend yield
1 year	+55.9%	−44.8%	+182.2%	0.0%
3 years	−18.8%	−14.5%	−5.0%	0.0%
5 years	−5.3%	–	–	0.0%

Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.

Who owns it

Per cent of the company's shares, from the filing for Sep 2021.Shareholding pattern

Shareholding by group

Promoters48.15%
Governments0.52%
Individuals and others29.35%

Holder
ELECTROSTEEL CASTINGS LIMITEDPromoter	41.33%
BELGRAVE INVESTMENT FUNDInstitutions Foreign Portfolio Investor	5.47%
RESONANCE OPPORTUNITIES FUNDInstitutions Foreign Portfolio Investor	4.37%
INDIA OPPORTUNITIES GROWTH nFUND LTD PINEWOOD STRATEGYInstitutions Foreign Portfolio Investor	4.18%
NIPPON LIFE INDIA TRUSTEE nLTD ACCOUNT NIPPON INDIA SMALL CAPnFUNDMutual funds	3.33%
MURARI INVESTMENT AND TRADING nCOMPANY LTDPromoter	2.27%

Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Srikalahasthi Pipes share price by year

Each calendar year to 2022.

Year	Close at year end	Change	Highest close	Lowest close
2022	200.80	−0.8%	207.05	200.80
2021	202.35	+32.4%	237.55	141.70
2020	152.80	−14.2%	229.20	100.50
2019	178.15	−5.7%	249.95	140.05
2018	188.95	−52.8%	442.40	167.15
2017	400.55	+50.2%	418.15	265.10
2016	266.70	+0.8%	341.20	184.55
2015	264.65	+266.6%	340.40	72.90

₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2022 close is its last trade, on 12 Jan 2022.

Recent sessions

The last 10 trading days to 12 Jan 2022, as traded on BSE.

Date	Open	High	Low	Close	Average price	Volume
12 Jan 2022	200.30	205.30	200.00	200.80	201.74	1,14,982
11 Jan 2022	202.05	204.25	200.00	201.15	201.71	76,226
10 Jan 2022	204.15	204.40	199.25	202.05	202.06	79,805
7 Jan 2022	205.40	209.00	201.45	202.45	204.87	59,579
6 Jan 2022	202.20	208.00	196.30	202.75	201.38	71,493
5 Jan 2022	206.70	208.90	201.10	202.15	204.96	42,700
4 Jan 2022	207.00	209.10	204.20	205.30	206.53	52,570
3 Jan 2022	200.00	208.00	200.00	207.05	205.66	62,065
31 Dec 2021	200.05	204.40	200.05	202.35	202.69	28,440
30 Dec 2021	205.70	206.35	200.10	201.30	203.37	67,761

Prices in ₹ per share as traded, not adjusted.

Company details

Legal name: Srikalahasthi Pipes Limited
BSE code: 513605
ISIN: INE943C01027
Industry: Industrial Products
Listed: Aug 1994
Face value: ₹10
Former symbols: SRIPIPES, LANCOIN, LANCOIND
Website: www.lancoindustries.com (opens in a new tab)
CIN: L74999AP1991PLC013391; Corporate identity number, the registrar of companies' code for it