



Metals & Mining | Small Cap
Surani Steel Tubes Ltd, operating in the General Industrials (Capital Goods) sector, demonstrates a mixed financial performance. The company exhibits strong solvency, driven by a healthy equity ratio and prudent debt management. However, liquidity is a significant concern, with all ratios indicating poor short-term financial health, and efficiency is also low due to poor turnover ratios. Growth prospects are hampered by declines in key areas such as revenue and earnings per share. While profitability benefits from a good return on capital employed, it is constrained by low margins and returns on assets and equity. On a positive note, the company's asset growth rate is strong, and capital expenditures are well-managed. Overall, the company shows solid solvency and potential for ROCE, but needs to address its liquidity, efficiency, and growth challenges to achieve a more balanced and robust financial profile.
Surani Steel Tubes Ltd, operating in the General Industrials (Capital Goods) sector, demonstrates a mixed financial performance. The company exhibits strong solvency, driven by a healthy equity ratio and prudent debt management. However, liquidity is a significant concern, with all ratios indicating poor short-term financial health, and efficiency is also low due to poor turnover ratios. Growth prospects are hampered by declines in key areas such as revenue and earnings per share. While profitability benefits from a good return on capital employed, it is constrained by low margins and returns on assets and equity. On a positive note, the company's asset growth rate is strong, and capital expenditures are well-managed. Overall, the company shows solid solvency and potential for ROCE, but needs to address its liquidity, efficiency, and growth challenges to achieve a more balanced and robust financial profile.
Overall Valuation Score
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0.00
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Last Traded Time
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P/E RATIO (TTM)
75.76
Industry Median
20.39
Small Cap Median
19.50
P/E RATIO
75.76
P/B RATIO
1.25
Industry Median
1.58
Small Cap Median
1.46
P/S RATIO
1.93
Industry Median
0.66
Small Cap Median
0.65
Others
PEG RATIO
0.74
EV/EBITDA RATIO
40.71
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹100 as on Sep 1, 2026.
The company's growth metrics reveal a mixed performance. While asset growth shows a positive trend, declines in revenue, operating profit, and earnings per share raise concerns about long-term sustainability. The weighted average calculation highlights the impact of recent negative trends on overall growth. The company needs to address the factors driving these declines to ensure future growth.
| Growth Ratios | Mar 2025 | Mar 2026 |
|---|---|---|
| Revenue Growth Rate | 45.03 | -58.99 |
| Operating Profit Growth Rate | 245 | -216.67 |
| Earnings Per Share (EPS) Growth | -31.91 | 312.5 |
| Asset Growth Rate | 17.12 | 59.42 |
| Net Income Growth Rate | -2 | 318.37 |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | Sarthak Metals Ltd | 7.71 | 19.47 | Neutral | 8.00 | 3.37 | 5.00 |
| 2 | Aditya Ultra Steel Ltd | 7.54 | 14.51 | Highly Undervalued | 11.00 | 1.62 | 4.00 |
| 3 | De Neers Tools Ltd | 7.52 | 5.73 | Neutral | 39.00 | 19.54 | 25.00 |
| 4 | Presstonic Engineering Ltd | 5.83 | 19.53 | Neutral | 7.16 | 2.08 | 2.60 |
| 5 | Surani Steel Tubes Ltd | 4.91 | 75.76 | Overvalued | -1.61 | 1.32 | 2.05 |
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Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Market Sentiment
Analysis Driven By 26 Technical Indicators From The 1 Hour Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Strong Bullish
Analyzing moving average trends and crossovers. Green/Red badges indicate if the current condition passes or fails.
Comparing stock price performance (normalized) against benchmark indices over time.
Recent daily trading volume represented as a bar chart, alongside historical averages.
Current closing price relative to the 52-week highest and lowest prices.
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No Stock News Available at This Moment.
Surani Steel Tubes Ltd. is an Indian manufacturer of Electric Resistance Welded (ERW) steel pipes and tubes, as well as galvanized pipes. Serving diverse sectors like infrastructure, agriculture, and general engineering, the company focuses on delivering quality steel products to meet various industrial demands in the domestic market.
P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Surani Steel Tubes Ltd's P/E ratio (TTM) is 75.76, compared to the industry median of 20.39 and large cap median of 19.50.
P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Surani Steel Tubes Ltd's P/B ratio is 1.25, compared to the industry median of 1.58 and large cap median of 1.46.
P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Surani Steel Tubes Ltd's P/S ratio is 1.93, compared to the industry median of 0.66 and large cap median of 0.65.
PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Surani Steel Tubes Ltd's PEG ratio is 0.74.
EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Surani Steel Tubes Ltd's EV/EBITDA ratio is 40.71.
Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Surani Steel Tubes Ltd's ROE is 1.65%.
Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Surani Steel Tubes Ltd's ROA is -0.64%.
Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Surani Steel Tubes Ltd's ROCE is 0.76%.
Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Surani Steel Tubes Ltd's operating margin is -1.74%.
Net Margin: Net margin shows what percentage of revenue converts into final net profit. Surani Steel Tubes Ltd's net margin is 2.22%.
Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Surani Steel Tubes Ltd's current ratio is 1.88.
Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Surani Steel Tubes Ltd's debt-to-equity ratio is 0.
Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Surani Steel Tubes Ltd's interest coverage ratio is 9.
Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Surani Steel Tubes Ltd's DPS is ₹0.
Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Surani Steel Tubes Ltd's EPS is 312.50.
(Source line: "Ratios as of 21 Oct 2026, based on last traded price of ₹100. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")
Founded: 2021
Headquarters: Rajkot, Gujarat
Core Offerings: ERW (Electric Resistance Welded) steel pipes, Galvanized steel pipes, Hot Rolled steel pipes, Hollow sections
Stock Listing: NSE (SURANI), BSE ({bse})
Promoter: Surani Family (Mr. Dinesh V. Surani, Mr. Hitesh V. Surani, Mr. Jayesh V. Surani)
Founded in 2021, Surani Steel Tubes Ltd commenced operations focusing on manufacturing ERW steel tubes. The company successfully undertook an IPO and was listed on the NSE Emerge platform in June 2023, marking a significant milestone in its growth and public market presence.
| Segment Name | Revenue % | EBITDA |
|---|---|---|
| Manufacturing and Trading of Steel Tubes | 100% | Operating Profit |
ERW Steel Pipes & Tubes: Produces a wide range of Electric Resistance Welded (ERW) steel pipes and tubes, catering to applications in structural, mechanical, and general engineering industries.
Galvanized Steel Pipes: Manufactures galvanized steel pipes known for enhanced corrosion resistance, primarily used for water and gas conveyance, as well as general fabrication.
Diverse Product Portfolio: Offers various shapes including round, square, and rectangular hollow sections, along with customized length and thickness options to meet specific client requirements across sectors like agriculture and infrastructure.
Mr. Jayesh V. Surani - Managing Director. As one of the founders, he leads the company with extensive experience in the steel manufacturing sector. Mr. Dinesh V. Surani - Whole-Time Director. Contributes significantly to the operational and strategic management of the company.
No major subsidiaries reported.
No major recent corporate actions on record.
The Surani Steel Tubes Ltd share price today is ₹100 on NSE (SURANI), as of 21 Oct 2026.
As of 21 Oct 2026, Surani Steel Tubes Ltd share price is ₹100, with previous close ₹100. Today's range is ₹100 to ₹100. The 52-week range is ₹47.30 to ₹174.25.
As of today, Surani Steel Tubes Ltd's market cap is ₹178 crore (Small Cap).
Surani Steel Tubes Ltd's current P/E ratio is 75.76, compared to the METALS & MINING sector average of 58.
Surani Steel Tubes Ltd's current P/B ratio is 1.25.
Surani Steel Tubes Ltd's current dividend yield is N/A. Last dividend of ₹0.00 per share was declared on N/A.
Surani Steel Tubes Ltd's EPS (TTM) is ₹312.50.
Surani Steel Tubes Ltd. is an Indian manufacturer of Electric Resistance Welded (ERW) steel pipes and tubes, as well as galvanized pipes. Serving diverse sectors like infrastructure, agriculture, and general engineering, the company focuses on delivering quality steel products to meet various industrial demands in the domestic market.
Surani Steel Tubes Ltd is promoted by Surani Family (Mr. Dinesh V. Surani, Mr. Hitesh V. Surani, Mr. Jayesh V. Surani), holding 30.84% as of 21 Oct 2026.
Surani Steel Tubes Ltd is listed on NSE (SURANI) and BSE ({bse}). Its next quarterly results are expected on August 2024 (for Q1 FY25 results).