Scoda Tubes Ltd
Scoda Tubes Ltd, established in 2008 in Gujarat, India, specializes in manufacturing stainless steel pipes and tubes, including seamless, welded, and U-tube variants.[1]
- Market Cap ₹ 1,015 Cr.
- Current Price ₹ 169
- High / Low ₹ 231 / 135
- Stock P/E 27.0
- Book Value ₹ 62.4
- Dividend Yield 0.00 %
- ROCE 20.4 %
- ROE 29.7 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 30.0%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Part of BSE SmallCap BSE IPO BSE Allcap BSE Industrials
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 194 | 305 | 400 | 485 | 496 | |
| 184 | 270 | 341 | 407 | 419 | |
| Operating Profit | 10 | 35 | 59 | 78 | 77 |
| OPM % | 5% | 11% | 15% | 16% | 16% |
| 1 | 3 | 3 | 4 | 8 | |
| Interest | 7 | 12 | 19 | 22 | 23 |
| Depreciation | 2 | 11 | 16 | 18 | 13 |
| Profit before tax | 2 | 14 | 26 | 42 | 50 |
| Tax % | 29% | 28% | 29% | 24% | |
| 2 | 10 | 18 | 32 | 38 | |
| EPS in Rs | 7.18 | 7.26 | |||
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 36% |
| TTM: | 21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 168% |
| TTM: | 73% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 30% |
| Last Year: | 30% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 44 | 60 |
| Reserves | 34 | 44 | 62 | 106 | 314 |
| 110 | 140 | 203 | 211 | 204 | |
| 11 | 53 | 64 | 85 | 130 | |
| Total Liabilities | 156 | 238 | 330 | 446 | 708 |
| 11 | 62 | 82 | 81 | 85 | |
| CWIP | 35 | 0 | 0 | 23 | 61 |
| Investments | 0 | 1 | 1 | 1 | 1 |
| 110 | 175 | 248 | 342 | 561 | |
| Total Assets | 156 | 238 | 330 | 446 | 708 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -47 | 20 | 2 | 18 | |
| -33 | -39 | -47 | -44 | |
| 80 | 18 | 44 | 41 | |
| Net Cash Flow | -0 | -0 | -0 | 15 |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 66 | 62 | 82 | 76 |
| Inventory Days | 142 | 171 | 156 | 163 |
| Days Payable | 20 | 81 | 75 | 74 |
| Cash Conversion Cycle | 189 | 151 | 162 | 164 |
| Working Capital Days | 33 | 6 | -4 | 16 |
| ROCE % | 16% | 20% | 20% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
18 Nov - Transcript of Q2 FY26 Earnings Conference Call on Friday, November 14, 2025
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
14 Nov - CRISIL monitoring report for quarter ended Sep 30, 2025: IPO gross proceeds Rs2,200m; Rs1,131.61m utilized; no deviations.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
14 Nov - Audio recording posted for Q2 FY26 results call (H1 ended Sep 30, 2025) held Nov 14, 2025.
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Announcement under Regulation 30 (LODR)-Investor Presentation
13 Nov - Investor presentation on H1 FY26 Earning Update for the unaudited financial results for the quarter and hald year ended on September 30, 2025
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Unaudited Financial Results For The Quarter And Half Year Ended On September 30, 2025
13 Nov - Approved unaudited results for quarter and half year ended 30 Sep 2025; H1 revenue Rs2,426.82M; H1 PAT Rs210.52M.
Annual reports
Concalls
-
Nov 2025Transcript PPT
-
Aug 2025TranscriptNotesPPT
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Jun 2025Transcript PPT REC
Product Portfolio[1]
Stainless Steel Seamless Pipes
Stainless Steel Seamless Tubes
Stainless Steel Seamless U-Tubes
Stainless Steel Instrumentation Tubes
Stainless Steel Welded Tubes and U-Tubes