Surani Steel Tubes Ltd
SURANI NSE
Surani Steel Tubes Ltd
Industrial ProductsNSE: SURANI Iron & Steel Products
Key Fundamentals
SMEIron & Steel ProductsIndustrial ProductsMarket Cap
₹150 Cr
Volatility
Moderate
P/E Ratio
73.2
EBITDA
₹-1.61 Cr
Return on Equity
0.4%
Debt to Equity
0
Book Value
₹79.69
52W High
₹143.6
52W Low
₹47.3
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Surani Steel Tubes Ltd insights
36 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
2- Company has reduced debt.
- Company is almost debt free.
Weaknesses
7- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -2.84% over past five years.
- Promoter holding is low: 30.8%
- Company has a low return on equity of 0.85% over last 3 years.
- Earnings include an other income of Rs.5.54 Cr.
- Promoter holding has decreased over last 3 years: -3.13%
- Working capital days have increased from 207 days to 375 days
Growth Rate
Revenue Growth
-59.42% ↘
Net Income Growth
316.00% ↗
Cash Flow Change
115.62% ↗
ROE
-29.82% ↘
ROCE
-81.25% ↘
EBITDA Margin (Avg.)
-200.00% ↘
Quarterly Results
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Sales | 114 | 41.34 |
| Expenses | 114 | 42.2 |
| Operating Profit | 0.55 | -0.86 |
| OPM % | 0.48% | -2.08% |
| Other Income | -1.22 | 1.64 |
| Interest | 0.02 | -0.04 |
| Depreciation | 0.46 | 0.44 |
| PBT | -1.15 | 0.38 |
| Tax % | -39.13% | 118.42% |
| Net Profit | -0.69 | -0.07 |
| EPS in Rs | -0.44 | -0.05 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 58.11 | 68.35 | 76.53 | 101 | 92.99 | 97.89 | 107 | 137 | 124 | 155 | 225 | 92.28 |
| Expenses | 56.19 | 65.09 | 73.03 | 96.65 | 91.89 | 99.41 | 99.38 | 132 | 123 | 155 | 224 | 93.89 |
| Operating Profit | 1.92 | 3.26 | 3.5 | 4.13 | 1.1 | -1.52 | 7.2 | 4.76 | 0.35 | 0.4 | 1.38 | -1.61 |
| OPM % | 3.3% | 4.77% | 4.57% | 4.1% | 1.18% | -1.55% | 6.76% | 3.48% | 0.28% | 0.26% | 0.61% | -1.74% |
| Other Income | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.1 | 0.08 | 0.06 | 0.21 | 0.79 | -0.4 | 5.54 |
| Interest | 1.34 | 1.32 | 1.36 | 1.02 | 0.86 | 2.01 | 1.97 | 1.66 | 1.12 | 0.11 | 0.02 | 0 |
| Depreciation | 0.34 | 0.51 | 0.4 | 0.39 | 0.37 | 1.26 | 1.27 | 1.26 | 0.94 | 0.48 | 0.8 | 0.89 |
| PBT | 0.27 | 1.46 | 1.77 | 2.74 | -0.11 | -4.69 | 4.04 | 1.9 | -1.5 | 0.6 | 0.16 | 3.04 |
| Tax % | 37.04% | 2.74% | 42.94% | 35.77% | 18.18% | 5.76% | 3.47% | 2.11% | 20% | 18.33% | -200% | 32.89% |
| Net Profit | 0.16 | 1.43 | 1 | 1.76 | -0.14 | -4.96 | 3.89 | 1.85 | -1.79 | 0.5 | 0.49 | 2.05 |
| EPS in Rs | 0.64 | 5.72 | 4 | 3.03 | -0.17 | -5.99 | 4.7 | 2.23 | -2.16 | 0.47 | 0.32 | 1.32 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2.5 | 2.5 | 2.5 | 5.8 | 8.28 | 8.28 | 8.28 | 8.28 | 8.28 | 10.63 | 15.55 | 15.55 |
| Reserves | 0.12 | 1.55 | 2.19 | 5.2 | 15.5 | 10.54 | 14.44 | 16.29 | 14.5 | 77.71 | 106 | 108 |
| Borrowings | 10.5 | 12.27 | 13.38 | 15.35 | 17.32 | 19.66 | 18.2 | 14.95 | 11.33 | 42.36 | 34.57 | 0 |
| Other Liabilities | 2.93 | 6.82 | 10.29 | 9.41 | 4.13 | 9.21 | 4.53 | 11.77 | 7.28 | 3.51 | 0.77 | 127 |
| Total Liabilities | 16.05 | 23.14 | 28.36 | 35.76 | 45.23 | 47.69 | 45.45 | 51.29 | 41.39 | 134 | 157 | 251 |
| Fixed Assets | 4.89 | 5.17 | 4.76 | 4.38 | 4.01 | 14.59 | 13.4 | 12.13 | 4.6 | 10.3 | 11.83 | 11.03 |
| CWIP | 0.1 | 0 | 2.28 | 6.32 | 11.23 | 0 | 0 | 0 | 0 | 0.13 | 0.1 | 0.86 |
| Investments | 0.01 | 0.1 | 0.1 | 0.1 | 0.1 | 0.13 | 0.13 | 0.13 | 0.13 | 0 | 17.55 | 0.11 |
| Other Assets | 11.05 | 17.87 | 21.22 | 24.96 | 29.89 | 32.97 | 31.92 | 39.03 | 36.66 | 124 | 128 | 239 |
| Total Assets | 16.05 | 23.14 | 28.36 | 35.76 | 45.23 | 47.69 | 45.45 | 51.29 | 41.39 | 134 | 157 | 251 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 2.46 | -0.04 | 2.44 | -0.68 | -8.33 | -0.43 | 2.4 | 4.78 | -1.65 | -56.8 | 8.87 | 12.6 |
| Investing | -0.27 | -0.6 | -2.26 | -4.14 | -4.91 | -0.59 | -0.1 | 0.03 | 6.57 | -5.44 | -66.51 | 37.78 |
| Financing | -1.87 | 0.45 | -0.25 | 4.75 | 13.31 | 1.03 | -2.32 | -4.85 | -4.64 | 95.99 | 25.19 | -34.57 |
| Net Cash Flow | 0.31 | -0.18 | -0.07 | -0.06 | 0.06 | 0.01 | -0.02 | -0.04 | 0.28 | 33.76 | -32.45 | 15.8 |
| Free Cash Flow | 2.27 | -0.73 | 0.18 | -4.73 | -13.25 | -1.03 | 2.31 | 4.82 | 5.29 | -63.12 | 6.57 | 11.75 |
| CFO/OP | 129 | -9 | 77 | -10 | -681 | 28 | 33 | 100 | -471 | -14,125 | 666 | -815 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 30.28 | 29.85 | 38.2 | 22.38 | 24.49 | 21.51 | 24.35 | 13.43 | 39.28 | 3.06 | 44.09 | 11.87 |
| Inventory Days | 34.81 | 62.63 | 59.53 | 65.89 | 82.32 | 88.27 | 82.86 | 76.53 | 52.94 | 154 | 52.71 | 588 |
| Days Payable | 14.14 | 31.97 | 43.89 | 30.28 | 13.83 | 31.13 | 11.96 | 17.47 | 16.69 | 5.53 | 0.6 | 513 |
| Cash Conversion Cycle | 50.95 | 60.51 | 53.84 | 57.99 | 92.99 | 78.65 | 95.26 | 72.49 | 75.53 | 151 | 96.2 | 86.74 |
| Working Capital Days | 18.22 | 23.44 | 14.59 | 12.78 | 47.93 | 25.88 | 40.1 | 34.11 | 52.48 | 103 | 142 | 375 |
| ROCE % | 12.16% | 18.89% | 18.2% | 16.93% | 2.22% | -6.74% | 15.14% | 8.8% | -1.36% | 0.86% | 1.91% | 0.76% |
Documents
1
Registrar & Share Transfer Agent Update
7 Aug - Surani Steel Tubes shifts RTA connectivity to Beetal from August 6, 2026. 7 Aug - Surani Steel Tubes shifts RTA connectivity to Beetal from August 6, 2026.
2
Certificate under SEBI (Depositories and Participants) Regulations, 2018
6 Jul - Regulation 74(5) certificate for quarter ended June 30, 2026 filed. 6 Jul - Regulation 74(5) certificate for quarter ended June 30, 2026 filed.
3
Outcome of Board Meeting
27 May 2026 - Board approved FY26 audited results, reappointed auditors, and changed RTA to Beetal Financial. 27 May 2026 - Board approved FY26 audited results, reappointed auditors, and changed RTA to Beetal Financial.
4
Outcome of Board Meeting
27 May - Board approved FY26 audited results, unmodified audit opinion, and reappointed auditors; RTA changed to Beetal. 27 May - Board approved FY26 audited results, unmodified audit opinion, and reappointed auditors; RTA changed to Beetal.
5
Registrar & Share Transfer Agent Update
27 May - Board approved FY26 audited standalone and consolidated results, unmodified audit opinion, and RTA change. 27 May - Board approved FY26 audited standalone and consolidated results, unmodified audit opinion, and RTA change.
Frequently Asked Questions about Surani Steel Tubes Ltd
What does Surani Steel Tubes Ltd do?
Incorporated in 2012, Surani Steels Tubes Ltd does manufacturing and supplying of Mild Steel Pipes, Mild Steel Hollow Section, Mild Steel Coils, etc.[1]
Where is Surani Steel Tubes Ltd (SURANI) listed?
Surani Steel Tubes Ltd is listed on the Indian stock exchanges. It is listed on NSE: SURANI. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Surani Steel Tubes Ltd belong to?
Surani Steel Tubes Ltd operates in the Industrial Products sector within the Iron & Steel Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Surani Steel Tubes Ltd?
Surani Steel Tubes Ltd has a market capitalisation of approximately ₹149.96 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Surani Steel Tubes Ltd?
The Price-to-Earnings (PE) ratio of Surani Steel Tubes Ltd is 73.20. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Surani Steel Tubes Ltd?
Over the past 52 weeks, Surani Steel Tubes Ltd has traded between a low of ₹47.3 and a high of ₹143.6. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Surani Steel Tubes Ltd?
Surani Steel Tubes Ltd has a Return on Equity (ROE) of 0.40%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Surani Steel Tubes Ltd on Tapetide?
On Tapetide, you can view Surani Steel Tubes Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 2012, Surani Steels Tubes Ltd does manufacturing and supplying of Mild Steel Pipes, Mild Steel Hollow Section, Mild Steel Coils, etc.[1]