Shree Marutinandan Tubes Ltd
Incorporated in 2013, Shree Marutinandan
Tubes Ltd does trading of pipes, tubes,
and machineries[1]
- Market Cap ₹ 18.0 Cr.
- Current Price ₹ 52.0
- High / Low ₹ 121 / 40.0
- Stock P/E 4.98
- 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 0.48 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: | -58% |
| 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 | 3 | ||
| -0 | -0 | -0 | -0 | -0 | -8 | ||
| 3 | -2 | 0 | 11 | 3 | 8 | ||
| Net Cash Flow | -0 | 0 | -0 | 2 | -2 | 2 | |
| Free Cash Flow | -3 | 2 | -0 | -8 | -5 | -6 | |
| CFO/OP | -433% | 345% | 11% | -180% | -94% | 57% |
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 2024 | Mar 2025 | |
|---|---|---|
| Number of Permanent Employees employees |
|
|
Extracted by Screener AI
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
13 Jul - Filed Regulation 74(5) certificate for quarter ended 30 June 2026; no rematerialisation/dematerialisation requests.
-
Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015
24 Jun - Won ₹0.7617 crore fire-fighting work order for POWERGRID Kurnool project; delivery by 30 December 2026.
-
Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015
23 Jun - Shree Marutinandan Tubes won a ₹2.2444 crore piping work order from Value Fashion Retail on 22 June 2026.
-
Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015
10 Jun - Company won ₹0.425 crore fire-fighting work order from Acline Projects; execution over 6 months.
-
Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015
10 Jun - Won ₹0.425 crore fire-fighting work order from Acline Projects on 9 June 2026; execution in 6 months.
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