Srikalahasthi Pipes ltd located at Rachagunneri village which is 10KM from Srikalahasthi.  This company is into making of Ductile iron pipes. It has been doing significantly well for past couple of years. It has great potential to grow in the future considering the current indian growth.

Net profit has surged to Rs 304.29 million an increase of 83.17% against Rs 166.12 million in the corresponding Q4 quarter of previous year
Reported EPS of the company  stood at Rs 7.65 in Q4 FY15 as against Rs 4.18 in Q4 FY14. It’s expected to have an EPS of Rs 19.21 and Rs 24.55 for FY15E and FY16E respectively.
Net Sales and PAT of the company are expected to grow at a CGAR of 9% and 42% over 2014 to 2017E respectively.
The company has embarked an investment of Rs 100 Crores by way of capital expenditure to improve the quality and production level of ductile iron pipes. The company os adding certain balancing facilities which include enhancement of blowing capacity in MBF, additional induction furnace, new spinning machine with higher productivity, additional finishing line and other process automation equipments. This will result in increased production of Ductile Iron Pipes by 50000MT per annum.
The company has been rated as CARE A for long term bank facilities. This indicates adequate degree of safety regarding timely servicing of financial obligation and carry low credit risk.
At CMP of 174 this stock can be bought for long term with a target of 250 in next 6 to 8 months.


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