Shree Marutinandan Tubes Ltd
Incorporated in 2013, Shree Marutinandan
Tubes Ltd does trading of pipes, tubes,
and machineries[1]
- Market Cap ₹ 22.1 Cr.
- Current Price ₹ 64.0
- High / Low ₹ 139 / 40.0
- Stock P/E 6.13
- Book Value ₹ 109
- Dividend Yield 0.00 %
- ROCE 16.7 %
- ROE 12.1 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.59 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 59.9 to 77.2 days.
- 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| 114 | 150 | |
| 110 | 143 | |
| Operating Profit | 4 | 6 |
| OPM % | 3% | 4% |
| 1 | 0 | |
| Interest | 1 | 1 |
| Depreciation | 0 | 1 |
| Profit before tax | 4 | 5 |
| Tax % | 25% | 24% |
| 3 | 4 | |
| EPS in Rs | 8.09 | 10.35 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 31% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 27% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -41% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 3 | 3 |
| Reserves | 18 | 34 |
| 8 | 5 | |
| 32 | 24 | |
| Total Liabilities | 61 | 66 |
| 1 | 7 | |
| CWIP | 0 | 1 |
| Investments | 0 | 0 |
| 60 | 57 | |
| Total Assets | 61 | 66 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| -4 | 2 | |
| -0 | -8 | |
| 3 | 8 | |
| Net Cash Flow | -2 | 2 |
| Free Cash Flow | -5 | -6 |
| CFO/OP | -94% | 51% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Debtor Days | 43 | 77 |
| Inventory Days | 87 | 46 |
| Days Payable | 104 | 54 |
| Cash Conversion Cycle | 26 | 70 |
| Working Capital Days | 65 | 64 |
| ROCE % | 17% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Inventory (Stock in Trade) INR Lakhs ・Standalone data |
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| Debtors Turnover Ratio times ・Standalone data |
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| Number of Permanent Employees Number ・Standalone data |
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| Trade Payable Turnover Ratio times ・Standalone data |
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| Working Capital Turnover Ratio times ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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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.
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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.
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Statement Of Deviation For The Half Year Ended March 31, 2026
27 May - Filed deviation/variation statement for H1 FY26; reallocated Rs 0.09 crore to general corporate purposes.
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Board Meeting Outcome for Audited Standalone And Consolidated Financial Results For The Half Year And Year Ended March 31, 2026
26 May - 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 26 May
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