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 ₹ 754 Cr.
- Current Price ₹ 126
- High / Low ₹ 231 / 110
- Stock P/E 19.4
- Book Value ₹ 65.2
- Dividend Yield 0.00 %
- ROCE 16.5 %
- ROE 14.4 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 32.3 days to 84.7 days
* 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 Industrials Nifty IPO
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 194 | 305 | 400 | 485 | 519 | |
| 184 | 270 | 341 | 407 | 442 | |
| Operating Profit | 10 | 35 | 59 | 78 | 76 |
| OPM % | 5% | 11% | 15% | 16% | 15% |
| 1 | 3 | 3 | 4 | 11 | |
| Interest | 7 | 12 | 19 | 22 | 25 |
| Depreciation | 2 | 11 | 16 | 18 | 9 |
| Profit before tax | 2 | 14 | 26 | 42 | 53 |
| Tax % | 29% | 28% | 29% | 24% | 26% |
| 2 | 10 | 18 | 32 | 39 | |
| EPS in Rs | 7.18 | 6.48 | |||
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 19% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 55% |
| TTM: | 22% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -18% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 20% |
| 3 Years: | 21% |
| Last Year: | 14% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 44 | 60 |
| Reserves | 34 | 44 | 62 | 106 | 330 |
| 110 | 140 | 203 | 211 | 187 | |
| 11 | 53 | 64 | 85 | 110 | |
| Total Liabilities | 156 | 238 | 330 | 446 | 688 |
| 11 | 62 | 82 | 81 | 185 | |
| CWIP | 35 | -0 | -0 | 23 | 9 |
| Investments | 0 | 1 | 1 | 1 | 0 |
| 110 | 175 | 248 | 342 | 494 | |
| Total Assets | 156 | 238 | 330 | 446 | 688 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| -47 | 20 | 2 | 18 | -14 | |
| -33 | -39 | -47 | -44 | -150 | |
| 80 | 18 | 44 | 41 | 153 | |
| Net Cash Flow | -0 | -0 | -0 | 15 | -11 |
| Free Cash Flow | -82 | -8 | -34 | -22 | -130 |
| CFO/OP | -461% | 64% | 10% | 32% | 5% |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 66 | 62 | 82 | 76 | 97 |
| Inventory Days | 142 | 171 | 156 | 163 | 217 |
| Days Payable | 20 | 81 | 75 | 74 | 103 |
| Cash Conversion Cycle | 189 | 151 | 162 | 164 | 211 |
| Working Capital Days | 33 | 6 | -4 | 16 | 85 |
| ROCE % | 16% | 20% | 20% | 17% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Mar 2027 (P) | |
|---|---|---|---|---|---|---|---|---|
| Seamless Production Capacity MTPA |
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| Welded Production Capacity MTPA |
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| Export Revenue Percentage % |
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| Mother Hollow Capacity (Backward Integration) MTPA |
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| Blended Capacity Utilization Target % |
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| Global Geographic Presence Countries |
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| Customer Product Rejection Rate % |
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| Internal Product Rejection Rate % |
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| Number of Global Customers Count |
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| Order Book INR Crores |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
1 Jun - Transcript of Q4 FY26 Earnings Conference Call on Thursday, May 28, 2026
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Submitted annual secretarial compliance report for FY2026; minor delays in UPSI entry capture noted.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
28 May - Submitted audio recording of FY26 earnings update call for audited Q4 and full-year results.
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Announcement under Regulation 30 (LODR)-Investor Presentation
27 May - Investor Presentation on FY26 Earnings update for the audited standalone financial results for the quarter and year ended on March 31, 2026
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Cancellation Or Withdrawal Of Proposed Investment Transaction
26 May - Board approved FY26 audited results, unmodified audit opinion, and withdrew EUR 7,000 Arvind sp.z o.o. investment.
Annual reports
Concalls
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Jun 2026Transcript PPT
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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