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 ₹ 832 Cr.
- Current Price ₹ 139
- High / Low ₹ 231 / 114
- Stock P/E 21.1
- 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 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 | 519 | |
| 184 | 270 | 341 | 407 | 442 | |
| Operating Profit | 10 | 35 | 59 | 78 | 77 |
| OPM % | 5% | 11% | 15% | 16% | 15% |
| 1 | 3 | 3 | 4 | 8 | |
| Interest | 7 | 12 | 19 | 22 | 22 |
| Depreciation | 2 | 11 | 16 | 18 | 10 |
| Profit before tax | 2 | 14 | 26 | 42 | 52 |
| Tax % | 29% | 28% | 29% | 24% | |
| 2 | 10 | 18 | 32 | 39 | |
| EPS in Rs | 7.18 | 6.97 | |||
| Dividend Payout % | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 36% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 168% |
| TTM: | 41% |
| 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
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Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 For Setting Up Of 3.9 MW (AC)/4.99 MW(DC) Ground Mounted Solar Project Under Gujarat Integrated Renewable Energy Policy - 2025 For Captive Generating Plant
2d - GEDA approved 3.9MW(AC)/4.99MW(DC) solar project; cost Rs17.99Cr; annual generation 7,740,738 kWh.
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
10 Feb - CRISIL monitoring report: IPO gross proceeds Rs2,200m, net Rs2,001.09m; Rs839.15m unutilized as of Dec31,2025.
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Announcement under Regulation 30 (LODR)-Investor Presentation
31 Jan - Investor Presentation on Q3 FY26 Earnings Update for the Unaudited Standalone Financial Results of the company for the Quarter ended on December 31, 2025.
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Unaudited Standalone Financial Results For The Quarter Ended On December 31, 2025
30 Jan - Approved unaudited standalone results for quarter ended Dec 31, 2025; limited review report filed.
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Board Meeting Outcome for Outcome Of Board Meeting Held On Today I.E. On January 30, 2026
30 Jan - Board approved unaudited standalone financial results for quarter ended December 31, 2025; limited review report dated January 30, 2026.
Annual reports
Concalls
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Jan 2026TranscriptAI SummaryPPT
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Nov 2025Transcript PPT
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Aug 2025TranscriptAI SummaryPPT
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Jun 2025Transcript PPT REC
Product Portfolio[1]
a) SS1 Seamless Pipes and SS Instrumentation Tubes - High-pressure applications
b) SS Seamless Tubes and SS Seamless “U” Tubes - Heat exchangers, air fin coolers, condensers, LP/HP heaters & boilers
c) SS Welded Tubes / “U” Tubes - Low-pressure applications