Shree Marutinandan Tubes Ltd
Incorporated in 2013, Shree Marutinandan
Tubes Ltd does trading of pipes, tubes,
and machineries[1]
- Market Cap ₹ 21.4 Cr.
- Current Price ₹ 62.0
- High / Low ₹ 139 / 40.0
- Stock P/E 5.94
- Book Value ₹ 109
- Dividend Yield 0.00 %
- ROCE 16.8 %
- ROE 12.1 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.57 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company's cost of borrowing seems high
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Products Iron & Steel Products
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 29 | 36 | 47 | 47 | 92 | 114 | 149 | |
| 29 | 35 | 46 | 44 | 88 | 110 | 143 | |
| Operating Profit | -0 | 1 | 1 | 4 | 4 | 4 | 6 |
| OPM % | -0% | 2% | 2% | 7% | 4% | 3% | 4% |
| 1 | 0 | 0 | 0 | 0 | 1 | 0 | |
| Interest | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Profit before tax | 0 | 0 | 0 | 3 | 4 | 4 | 5 |
| Tax % | 36% | 39% | 54% | 31% | 26% | 25% | 24% |
| 0 | 0 | 0 | 2 | 3 | 3 | 4 | |
| EPS in Rs | 4.88 | 6.34 | 2.93 | 90.24 | 7.60 | 8.09 | 10.35 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 33% |
| 3 Years: | 47% |
| TTM: | 31% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 94% |
| 3 Years: | 25% |
| TTM: | 27% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -32% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 15% |
| Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.21 | 0.21 | 0.21 | 0.21 | 3 | 3 | 3 |
| Reserves | 0 | 0 | 0 | 3 | 16 | 18 | 34 |
| 4 | 8 | 6 | 7 | 6 | 8 | 4 | |
| 5 | 5 | 6 | 6 | 8 | 32 | 23 | |
| Total Liabilities | 10 | 13 | 13 | 16 | 33 | 61 | 66 |
| 0 | 0 | 0 | 0 | 0 | 1 | 2 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 6 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 10 | 13 | 12 | 16 | 32 | 60 | 57 | |
| Total Assets | 10 | 13 | 13 | 16 | 33 | 61 | 66 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| -3 | 3 | -0 | -8 | -4 | |||
| -0 | -0 | -0 | -0 | -1 | |||
| 3 | -2 | 0 | 11 | 3 | |||
| Net Cash Flow | -0 | 0 | -0 | 2 | -2 | ||
| Free Cash Flow | -3 | 2 | -0 | -8 | -5 | ||
| CFO/OP | -433% | 345% | 11% | -180% | -70% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 100 | 82 | 45 | 69 | 74 | 43 | 77 |
| Inventory Days | 19 | 16 | 36 | 54 | 31 | 87 | 45 |
| Days Payable | 60 | 45 | 43 | 44 | 27 | 104 | 53 |
| Cash Conversion Cycle | 59 | 53 | 37 | 79 | 78 | 26 | 69 |
| Working Capital Days | 22 | 35 | 20 | 35 | 63 | 65 | 64 |
| ROCE % | 14% | 10% | 40% | 24% | 17% | 17% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Inventory (Stock in Trade) INR Lakhs |
|
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| Debtors Turnover Ratio times |
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| Number of Permanent Employees Number |
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| Trade Payable Turnover Ratio times |
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| Working Capital Turnover Ratio times |
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Extracted by Screener AI
Documents
Announcements
-
Statement Of Deviation For The Half Year Ended March 31, 2026
1d - Filed deviation/variation statement for H1 FY26; reallocated Rs 0.09 crore to general corporate purposes.
-
Board Meeting Outcome for Audited Standalone And Consolidated Financial Results For The Half Year And Year Ended March 31, 2026
1d - Board approved audited standalone and consolidated FY26 results on May 26, 2026; auditors issued unmodified opinion.
- Audited Standalone And Consolidated Financial Results For The Half Year And Year Ended March 31, 2026 1d
-
Board Meeting Intimation for Declaration Of Audited Standalone Financial Results For The Half-Year And Year Ended 31St March 2026
18 May - Board meeting on 26 May 2026 to approve audited half-year and FY2026 results.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - RTA confirms Regulation 74(5) not applicable for quarter ended 31 March 2026.
Business Overview:[1]
SMTL is in the business of trading of Galvanized Pipe, Electric Resistance Welding Mild Steel (ERWMS) Pipes (round pipes, square and rectangular hollow sections) in various specifications and sizes ranging from 15NB to 1000 NB and also in trading of Black Pipes and Solar Structural Pipes. Company has independent sales and distribution networks for its products. A majority of its steel pipes are sold to wholesalers and distributors in the domestic markets. It generally procures Steel Pipes in large volumes to stock and facilitate on time delivery of products to their customers