Surani Steel Tubes Ltd.

•

suranisteel.comBSE: -NSE: SURANI

Market Cap₹ 155 Cr.

Current Price

High / Low₹ 144 / 47

Stock P/E75.8

Book Value₹ 80

Price to Book1.32

Dividend Yield0.00 %

ROCE0.1 %

ROE0.5 %

Face Value₹ 10

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ABOUT

AI Sector View

AI GENERATED

Metals & Mining

Hold

The sector backdrop is mixed. Iron ore output was very strong at 29.5% YoY (2026-07), but steel slowed to 2.9% YoY (2026-07), finished steel consumption was 8.0% YoY (2026-06), and headline mining production was still -0.9% (Jul/26). FPI outflows of INR -2349 crore over 3 months to 2026-08-31 also argue against an aggressive overweight.

Confidence

61%

View full sector analysis →

PROS

Company comfortably covers its interest (10.6x coverage)
Company maintains a comfortable, low leverage position
Company converts assets efficiently - asset turnover of 1.5x

CONS

Receivables are growing faster than sales - a possible quality concern
A large part of profit comes from other income (1441.4% of PBT)
Promoter holding has decreased over last 2 years: -8.2pp
Debtor days have increased from 3 to 23
Company's return on assets is weak at 0.3%

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Metals & MiningIron & SteelSteel & Iron Products

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name
1.	JSWSTEEL	1325.00	13.07	324022.65	0.54	4696.00	112.58	47364.00	11.55	20.67	19.60
2.	TATASTEEL	189.00	21.38	235937.32	2.12	2385.24	18.82	60794.29	15.26	12.70	15.40
3.	SAIL	197.10	19.06	81412.65	1.19	1644.05	120.80	26245.67	1.25	7.08	15.92
4.	WELCORP	2591.20	29.60	68353.43	0.19	1047.88	200.11	4081.12	14.91	23.94	32.17
5.	APLAPOLLO	2250.00	50.83	62473.14	0.38	263.11	10.94	5606.71	12.07	31.83	7.34
6.	JSL	737.70	18.72	60817.43	0.54	768.66	7.56	11278.54	10.50	19.19	12.09
7.	SHYAMMETL	1066.05	26.49	29756.85	0.42	350.73	20.66	5455.09	23.45	13.88	14.03
8.	JINDALSAW	305.30	29.88	19524.19	0.66	90.79	-78.15	4452.31	9.00	10.38	8.79
9.	RATNAMANI	2732.25	44.24	19150.89	0.37	107.03	-15.82	971.63	-15.63	18.01	16.69
10.	SARDAEN	508.95	15.87	17934.44	0.39	478.13	9.50	1608.04	-1.07	17.76	41.59
11.	GPIL	240.90	20.11	16218.33	0.42	222.37	2.75	1750.47	32.29	20.20	19.36
12.	SURANI	99.70	75.76	155.01	0.00	—	—	—	—	0.13	—

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

No quarterly results found

We don't have this information yet. Please check back later.

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2024	Mar 2025
	155	225
	155	224
Operating Profit	0	1
OPM %	0.26%	0.61%
	1	-0
Interest	0	0
Depreciation	0	1
Profit before Tax	1	0
Tax %	17.12%	-193.77%
Net Profit	1	0
EPS	0.47	0.31
Dividend Payout %	0.00%	0.00%

COMPOUNDED SALES GROWTH

10 Years:: —
5 Years:: —
3 Years:: —

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: —

STOCK PRICE CAGR

10 Years:: —
5 Years:: 20%
3 Years:: -22%
1 Year:: 22%

RETURN ON EQUITY

10 Years:: —
5 Years:: —
3 Years:: —
Last Year:: 1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2024	Mar 2025
Equity Capital	11	16
	44	106
	42	35
Trade Payables	2	0
	35	0
Total Liabilities	134	157
	10	12
	0	17
	63	32
	1	27
Cash & Bank	35	4
	25	64
Total Assets	134	157

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2024	Mar 2025
	-57	9
Cash from Investing	-5	-66
Cash from Financing	96	25
	34	-32

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2024	Mar 2025
PER SHARE
EPS (₹)	0.47	0.31
Book Value (₹)	51.73	78.36
Dividend per Share (₹)	0.00	0.00
Cash EPS (₹)	0.92	0.83
PROFITABILITY
Operating Margin %	0.26%	0.61%
Net Margin %	0.32%	0.22%
ROE %	0.91%	0.55%
ROCE %	0.54%	0.13%
	0.37%	0.33%
EFFICIENCY
Debtor Days	3	23
Inventory Days	149	77
Payable Days	6	2
	146	98
FINANCIAL HEALTH
Debt to Equity (x)	0.77x	0.28x
Interest Coverage (x)	6.65x	10.55x
	2.72x	4.11x
GROWTH
Revenue Growth %	0.00%	45.04%
Operating Profit Growth %	0.00%	216.53%
Net Profit Growth %	0.00%	-3.09%
	0.00%	-33.72%
VALUATION
P/E (x)	909.44x	331.87x
P/B (x)	8.28x	1.32x
Dividend Yield %	0.00%	0.00%
	390.17x	50.86x

Shareholding Pattern

Numbers in percentages

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	39.02	38.40	31.02	30.84	30.84	30.84	30.84	30.84	30.84
FIIs	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
DIIs	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	60.98	61.60	68.98	69.16	69.16	69.16	69.16	69.16	69.16

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

No announcements filed.

News

Recent coverage and analyst commentary for SURANI

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Surani Steel Tubes Ltd.

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Name

JSWSTEEL

1325.00

13.07

324022.65

0.54

4696.00

112.58

47364.00

11.55

20.67

19.60

TATASTEEL

189.00

21.38

235937.32

2.12

2385.24

18.82

60794.29

15.26

12.70

15.40

SAIL

197.10

19.06

81412.65

1.19

1644.05

120.80

26245.67

1.25

7.08

15.92

WELCORP

2591.20

29.60

68353.43

0.19

1047.88

200.11

4081.12

14.91

23.94

32.17

APLAPOLLO

2250.00

50.83

62473.14

0.38

263.11

10.94

5606.71

12.07

31.83

7.34

JSL

737.70

18.72

60817.43

0.54

768.66

7.56

11278.54

10.50

19.19

12.09

SHYAMMETL

1066.05

26.49

29756.85

0.42

350.73

20.66

5455.09

23.45

13.88

14.03

JINDALSAW

305.30

29.88

19524.19

0.66

90.79

-78.15

4452.31

9.00

10.38

8.79

RATNAMANI

2732.25

44.24

19150.89

0.37

107.03

-15.82

971.63

-15.63

18.01

16.69

SARDAEN

508.95

15.87

17934.44

0.39

478.13

9.50

1608.04

-1.07

17.76

41.59

GPIL

240.90

20.11

16218.33

0.42

222.37

2.75

1750.47

32.29

20.20

19.36

SURANI

99.70

75.76

155.01

0.00

—

0.13

—

Mar 2024

Mar 2025

155

225

155

224

Operating Profit

OPM %

0.26%

0.61%

-0

Interest

Depreciation

Profit before Tax

Tax %

17.12%

-193.77%

Net Profit

EPS

0.47

0.31

Dividend Payout %

0.00%

Mar 2024

Mar 2025

Equity Capital

106

Trade Payables

Total Liabilities

134

157

Cash & Bank

Total Assets

134

157

Mar 2024

Mar 2025

-57

Cash from Investing

-5

-66

Cash from Financing

-32

Mar 2024

Mar 2025

PER SHARE

EPS (₹)

0.47

0.31

Book Value (₹)

51.73

78.36

Dividend per Share (₹)

0.00

Cash EPS (₹)

0.92

0.83

PROFITABILITY

Operating Margin %

0.26%

0.61%

Net Margin %

0.32%

0.22%

ROE %

0.91%

0.55%

ROCE %

0.54%

0.13%

0.37%

0.33%

EFFICIENCY

Debtor Days

Inventory Days

149

Payable Days

146

FINANCIAL HEALTH

Debt to Equity (x)

0.77x

0.28x

Interest Coverage (x)

6.65x

10.55x

2.72x

4.11x

GROWTH

Revenue Growth %

0.00%

45.04%

Operating Profit Growth %

0.00%

216.53%

Net Profit Growth %

0.00%

-3.09%

0.00%

-33.72%

VALUATION

P/E (x)

909.44x

331.87x

P/B (x)

8.28x

1.32x

Dividend Yield %

0.00%

390.17x

50.86x

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

39.02

38.40

31.02

30.84

FIIs

0.00

DIIs

0.00

Government

0.00

60.98

61.60

68.98

69.16

Surani Steel Tubes Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

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Surani Steel Tubes Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI