Surani Steel Tubes
- P/E
- 111.54
Key Fundamentals
SMEIndustrial ProductsCapital GoodsPrice-based figures as of · TTM
- ROCE
- 0.77%
- Debt to Equity
- 0.00
- EPS (TTM)
- ₹1.30
- Book Value
- ₹79.69
- Market Cap
- —
- P/E (TTM)
- 111.54
- P/B
- 1.82
- ROE
- −0.43%
- Dividend Yield
- 0.00%
- EBITDA
- ₹2.00 Cr
- 52W High
- ₹174.25
- 52W Low
- ₹47.30
- Day Range
- ₹145.00 – ₹158.30
- Volume
- 7,400
Peer Comparison
Industrials › Industrial Products › Iron & Steel Products
| ₹2,400.00 | 27.41 | ₹60,980 Cr | 5.96 | 0.22% | 19.40% | 22.90% | ₹17,300 Cr | ₹2,319 Cr | |
| ₹2,199.80 | 49.69 | ₹60,246 Cr | 10.64 | 0.39% | 25.40% | 31.80% | ₹23,065 Cr | ₹1,229 Cr | |
| ₹1,231.40 | 30.60 | ₹34,478 Cr | 2.78 | 0.15% | 9.70% | 13.00% | ₹19,584 Cr | ₹1,121 Cr | |
| ₹2,449.40 | 39.67 | ₹17,025 Cr | 4.18 | 0.42% | 12.60% | 17.90% | ₹4,314 Cr | ₹514 Cr | |
| ₹253.22 | 29.51 | ₹15,754 Cr | 1.28 | 0.81% | 8.20% | 10.40% | ₹18,501 Cr | ₹498 Cr | |
| ₹486.00 | 29.21 | ₹14,245 Cr | 4.49 | 0.81% | 15.10% | 19.50% | ₹3,837 Cr | ₹508 Cr | |
| ₹529.15 | 29.28 | ₹12,939 Cr | 3.66 | 0.38% | 15.60% | 18.20% | ₹4,437 Cr | ₹436 Cr | |
| Surani Steel Tubes (this company) | ₹145.00 | 111.54 | ₹230 Cr | 1.82 | 0.00% | −0.43% | 0.77% | ₹159 Cr | −₹1 Cr |
| Median 8 companies | ₹880.28 | 30.06 | ₹16,390 Cr | 3.92 | 0.39% | 13.85% | 18.05% | ₹10,869 Cr | ₹511 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
Data confidence 95/100
Category scores
- Quality
- 51
- Average
- Returns, margins, earnings quality 22% weight
- Valuation
- 29
- Poor
- Cheap vs sector & own history 24% weight
- Growth
- 1
- Poor
- Sales & profit trajectory 9% weight
- Financial Health
- 59
- Good
- Solvency, leverage, coverage 9% weight
- Momentum
- 85
- Strong
- Trend strength, vol-adjusted 12% weight
- Ownership
- 50
- Average
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
2- Company has reduced debt.
- Company is almost debt free.
Weaknesses
7- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -2.84% over past five years.
- Promoter holding is low: 30.8%
- Company has a low return on equity of 1.02% over last 3 years.
- Earnings include an other income of Rs.5.53 Cr.
- Promoter holding has decreased over last 3 years: -22.9%
- Working capital days have increased from 207 days to 375 days
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bullish | 0 | 6 | 13 |
| Oscillators | Bullish | 0 | 6 | 3 |
| Moving Averages | Strong Bullish | 0 | 0 | 10 |
Oscillators
Bullish
Overall
Strong Bullish
Moving Averages
Strong Bullish
Key readings
- RSI (14)
- 61.62
- Neutral
- MACD (12,26,9)
- 7.76
- Bullish
- SMA (50)
- 115.56
- Bullish
- SMA (200)
- 98.75
- Bullish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025.
Revenue
| 10Y | +3.05% |
|---|---|
| 5Y | −2.84% |
| 3Y | −9.28% |
| 1Y | −58.99% |
Net profit
| 10Y | +3.67% |
|---|---|
| 5Y | −12.02% |
| 3Y | Turned to profit |
| 1Y | +318.37% |
Operating cash flow
| 10Y | Turned positive |
|---|---|
| 5Y | +39.33% |
| 3Y | Turned positive |
| 1Y | +42.05% |
Operating margin· change in pp
| 10Y | −6.50 pp |
|---|---|
| 5Y | −8.49 pp |
| 3Y | −2.01 pp |
| 1Y | −2.34 pp |
Trailing twelve months: Results are not reported for each of the last eight quarters, so there is no trailing-twelve-month figure.
Revenue by year
| Mar 2017 | ₹76.53 Cr |
|---|---|
| Mar 2018 | ₹101 Cr |
| Mar 2019 | ₹92.99 Cr |
| Mar 2020 | ₹97.89 Cr |
| Mar 2021 | ₹107 Cr |
| Mar 2022 | ₹137 Cr |
| Mar 2023 | ₹124 Cr |
| Mar 2024 | ₹155 Cr |
| Mar 2025 | ₹225 Cr |
| Mar 2026 | ₹92.28 Cr |
Net profit by year
| Mar 2017 | ₹1.00 Cr |
|---|---|
| Mar 2018 | ₹1.76 Cr |
| Mar 2019 | −₹0.14 Cr |
| Mar 2020 | −₹4.96 Cr |
| Mar 2021 | ₹3.89 Cr |
| Mar 2022 | ₹1.85 Cr |
| Mar 2023 | −₹1.79 Cr |
| Mar 2024 | ₹0.50 Cr |
| Mar 2025 | ₹0.49 Cr |
| Mar 2026 | ₹2.05 Cr |
Quarterly Results
₹ Cr| Particulars | Mar 2025 | Mar 2026 |
|---|---|---|
| Sales | 114 | 41.34 |
| Expenses | 114 | 42.2 |
| Operating Profit | 0.55 | −0.86 |
| OPM % | 0.48% | −2.08% |
| Other Income | −1.22 | 1.64 |
| Interest | 0.02 | −0.04 |
| Depreciation | 0.46 | 0.44 |
| PBT | −1.15 | 0.38 |
| Tax % | −39.13% | 118.42% |
| Net Profit | −0.69 | −0.07 |
| EPS (₹) | −0.44 | −0.05 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 58.11 | 68.35 | 76.53 | 101 | 92.99 | 97.89 | 107 | 137 | 124 | 155 | 225 | 92.28 |
| Expenses | 56.19 | 65.09 | 73.03 | 96.65 | 91.89 | 99.41 | 99.38 | 132 | 123 | 155 | 224 | 93.88 |
| Operating Profit | 1.92 | 3.26 | 3.5 | 4.13 | 1.1 | −1.52 | 7.2 | 4.76 | 0.35 | 0.4 | 1.38 | −1.6 |
| OPM % | 3.3% | 4.77% | 4.57% | 4.1% | 1.18% | −1.55% | 6.76% | 3.48% | 0.28% | 0.26% | 0.61% | −1.73% |
| Other Income | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.1 | 0.08 | 0.06 | 0.21 | 0.79 | −0.4 | 5.53 |
| Interest | 1.34 | 1.32 | 1.36 | 1.02 | 0.86 | 2.01 | 1.97 | 1.66 | 1.12 | 0.11 | 0.02 | 0 |
| Depreciation | 0.34 | 0.51 | 0.4 | 0.39 | 0.37 | 1.26 | 1.27 | 1.26 | 0.94 | 0.48 | 0.8 | 0.89 |
| PBT | 0.27 | 1.46 | 1.77 | 2.74 | −0.11 | −4.69 | 4.04 | 1.9 | −1.5 | 0.6 | 0.16 | 3.04 |
| Tax % | 37.04% | 2.74% | 42.94% | 35.77% | 18.18% | 5.76% | 3.47% | 2.11% | 20% | 18.33% | −200% | 32.89% |
| Net Profit | 0.16 | 1.43 | 1 | 1.76 | −0.14 | −4.96 | 3.89 | 1.85 | −1.79 | 0.5 | 0.49 | 2.05 |
| EPS (₹) | 0.32 | 2.86 | 2 | 3.03 | −0.17 | −5.99 | 4.7 | 2.23 | −2.16 | 0.47 | 0.32 | 1.32 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2.5 | 2.5 | 2.5 | 5.8 | 8.28 | 8.28 | 8.28 | 8.28 | 8.28 | 10.63 | 15.55 | 15.55 |
| Reserves | 0.12 | 1.55 | 2.19 | 5.2 | 15.5 | 10.54 | 14.44 | 16.29 | 14.5 | 77.71 | 106 | 108 |
| Borrowings | 10.5 | 12.27 | 13.38 | 15.35 | 17.32 | 19.66 | 18.2 | 14.95 | 11.33 | 42.36 | 34.57 | 0 |
| Other Liabilities | 2.93 | 6.82 | 10.29 | 9.41 | 4.13 | 9.21 | 4.53 | 11.77 | 7.28 | 3.51 | 0.77 | 127 |
| Total Liabilities | 16.05 | 23.14 | 28.36 | 35.76 | 45.23 | 47.69 | 45.45 | 51.29 | 41.39 | 134 | 157 | 251 |
| Fixed Assets | 4.89 | 5.17 | 4.76 | 4.38 | 4.01 | 14.59 | 13.4 | 12.13 | 4.6 | 10.3 | 11.83 | 11.03 |
| CWIP | 0.1 | 0 | 2.28 | 6.32 | 11.23 | 0 | 0 | 0 | 0 | 0.13 | 0.1 | 0.86 |
| Investments | 0.01 | 0.1 | 0.1 | 0.1 | 0.1 | 0.13 | 0.13 | 0.13 | 0.13 | 0 | 17.55 | 0.11 |
| Other Assets | 11.05 | 17.87 | 21.22 | 24.96 | 29.89 | 32.97 | 31.92 | 39.03 | 36.66 | 124 | 128 | 239 |
| Total Assets | 16.05 | 23.14 | 28.36 | 35.76 | 45.23 | 47.69 | 45.45 | 51.29 | 41.39 | 134 | 157 | 251 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 2.46 | −0.04 | 2.44 | −0.68 | −8.33 | −0.43 | 2.4 | 4.78 | −1.65 | −56.8 | 8.87 | 12.6 |
| Investing | −0.27 | −0.6 | −2.26 | −4.14 | −4.91 | −0.59 | −0.1 | 0.03 | 6.57 | −5.44 | −66.51 | 37.78 |
| Financing | −1.87 | 0.45 | −0.25 | 4.75 | 13.31 | 1.03 | −2.32 | −4.85 | −4.64 | 95.99 | 25.19 | −34.57 |
| Net Cash Flow | 0.31 | −0.18 | −0.07 | −0.06 | 0.06 | 0.01 | −0.02 | −0.04 | 0.28 | 33.76 | −32.45 | 15.8 |
| Free Cash Flow | 2.27 | −0.73 | 0.18 | −4.73 | −13.25 | −1.03 | 2.31 | 4.82 | 5.29 | −63.12 | 6.57 | 11.75 |
| CFO/EBITDA | 129 | −9 | 77 | −10 | −681 | 28 | 33 | 100 | −471 | −14,125 | 666 | −820 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 30.28 | 29.85 | 38.2 | 22.38 | 24.49 | 21.51 | 24.35 | 13.43 | 39.28 | 3.06 | 44.09 | 11.87 |
| Inventory Days | 34.81 | 62.63 | 59.53 | 65.89 | 82.32 | 88.27 | 82.86 | 76.53 | 52.94 | 154 | 52.77 | 588 |
| Days Payable | 14.14 | 31.97 | 43.89 | 30.28 | 13.83 | 31.13 | 11.96 | 17.47 | 16.69 | 5.53 | 0.6 | 513 |
| Cash Conversion Cycle | 50.95 | 60.51 | 53.84 | 57.99 | 92.99 | 78.65 | 95.26 | 72.49 | 75.53 | 151 | 96.26 | 86.74 |
| Working Capital Days | 18.22 | 23.44 | 14.59 | 12.78 | 47.93 | 25.88 | 40.1 | 34.11 | 52.48 | 103 | 142 | 375 |
| ROCE % | 12.16% | 18.89% | 18.2% | 16.93% | 2.22% | −6.74% | 15.14% | 8.8% | −1.36% | 0.86% | 1.91% | 0.77% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Surani Steel Tubes insights
51 extracted metrics across FY15–FY26.
Documents
- Concall · Nov 2023PPT
- 9 Oct 2026
- 8 Oct 2026
- 7 Oct 2026
- 7 Oct 2026
Frequently Asked Questions about Surani Steel Tubes
What does Surani Steel Tubes Ltd do?
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Which sector does Surani Steel Tubes Ltd belong to?
What is the PE ratio of Surani Steel Tubes Ltd?
What is the 52-week high and low of Surani Steel Tubes Ltd?
What is the Return on Equity (ROE) of Surani Steel Tubes Ltd?
Company Information
Surani Steel Tubes Limited, incorporated in 2012 and listed on NSE Emerge, manufactures and trades ERW mild-steel pipes/tubes from Dahegam, Gujarat, including round pipes and square/rectangular hollow sections used in infrastructure, engineering, agriculture, construction, energy, water, gas and related applications.
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