Surani Steel Tubes Ltd
Incorporated in 2012, Surani Steels Tubes Ltd does manufacturing and supplying of Mild Steel Pipes, Mild Steel Hollow Section, Mild Steel Coils, etc.[1]
- Market Cap ₹ 176 Cr.
- Current Price ₹ 114
- High / Low ₹ 397 / 102
- Stock P/E 56.0
- Book Value ₹ 78.8
- Dividend Yield 0.00 %
- ROCE 2.06 %
- ROE 3.00 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 30.8%
- Company might be capitalizing the interest cost
- Debtor days have increased from 23.6 to 44.1 days.
- Promoter holding has decreased over last 3 years: -3.13%
* 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 2024 | Mar 2025 | |
|---|---|---|
| 155 | 225 | |
| 155 | 224 | |
| Operating Profit | 0 | 1 |
| OPM % | 0% | 1% |
| 1 | -0 | |
| Interest | 0 | 0 |
| Depreciation | 0 | 1 |
| Profit before tax | 1 | 0 |
| Tax % | 17% | -200% |
| 0 | 0 | |
| EPS in Rs | 0.47 | 0.32 |
| Dividend Payout % | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 45% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 530% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 39% |
| 3 Years: | 51% |
| 1 Year: | -68% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Equity Capital | 11 | 16 |
| Reserves | 78 | 106 |
| 42 | 35 | |
| 4 | 1 | |
| Total Liabilities | 134 | 157 |
| 10 | 12 | |
| CWIP | 0 | 0 |
| Investments | -0 | 17 |
| 124 | 128 | |
| Total Assets | 134 | 157 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| -57 | 9 | |
| -5 | -66 | |
| 96 | 25 | |
| Net Cash Flow | 34 | -32 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Debtor Days | 3 | 44 |
| Inventory Days | 154 | 53 |
| Days Payable | 6 | 1 |
| Cash Conversion Cycle | 151 | 96 |
| Working Capital Days | 202 | 227 |
| ROCE % | 2% |
Documents
Announcements
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Outcome of Board Meeting
29 May 2025 - Approved FY25 audited financial results; re-appointed internal, cost, and secretarial auditors for FY26.
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Outcome of Board Meeting
29 May 2025 - Approved audited FY25 financial results; re-appointed internal, cost, and secretarial auditors for FY26.
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Board Meeting Intimation
23 May 2025 - Surani Steel Tubes Limited has informed about Board Meeting to be held on 29-May-2025 to consider and approve the Yearly Audited Financial results of the …
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Disclosure under SEBI Takeover Regulations
19 May 2025 - Vijay Singla has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Monitoring Agency Report
15 May 2025 - Monitoring Agency Report confirms Rs. 98.06 Cr fund utilization; ED search at promoter's residence noted.
Annual reports
Concalls
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Nov 2023TranscriptNotesPPT
Product Profile:[1]
a) ERW Mild Steel Pipes:
ERW Black Steel Pipes, ERW Steel Pipes, Mild Steel ERW Pipes, Electric Resistance Welded Pipe
b) Mild Steel Tubes:
Mild Steel Square Tubes, MS Rectangular Tubes, Mild Steel Round Tubes
c) Mild Steel Coils:
Hot Rolled MS Coils, Mild Steel Coils, Mild Steel Coil
d) Mild Steel Pipes:
MS Structural Pipes, Mild Steel Seamless Pipe, Mild Steel Square Pipe, Mild Steel Round Pipes
e) ERW Mild Steel Tubes:
Electric Resistance Welded Tubes, ERW Round Steel Tubes, ERW MS Tubes
f) Mild Steel Hollow Section:
Mild Steel Square Hollow Section, Mild Steel Rectangular Hollow Section