Surani Steel Tubes Ltd - Stock Valuation and Financial Performance

BSE: 0 | NSE: SURANI | Steel & Iron Products | Small Cap

BSE Share Price
Not Listed

DeciZen - make an informed investing decision on Surani Steel Tubes

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Somewhat Undervalued

3. Price Trend

Surani Steel Tubes stock performance -

mw4me loader
P/E Ratio (SA):
506.96
Market Cap:
254.5 Cr.
52-wk low:
0
52-wk high:
0

Is Surani Steel Tubes Ltd an attractive stock to invest in?

1. Is Surani Steel Tubes Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Surani Steel Tubes Ltd is a average quality company.

2. Is Surani Steel Tubes Ltd undervalued or overvalued?

The key valuation ratios of Surani Steel Tubes Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Surani Steel Tubes Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Surani Steel Tubes Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Surani Steel Tubes:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Surani Steel Tubes Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 12%20.1%18.4%16.9%2.2%-6.7%15.1%8.9%-1%0.9%-
Value Creation
Index
-0.10.40.30.2-0.8-1.50.1-0.4-1.1-0.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 58.168.476.71019397.9107137124155155
Sales YoY Gr.-17.7%12%31.5%-7.7%5.3%8.9%28.3%-9.6%25.5%-
Adj EPS 0.32.223-0.2-64.72.2-2.30.50.4
YoY Gr.-563.6%-8.7%52%-105.3%NANA-52.8%-202.3%NA-
BVPS (₹) 10.414.818.81928.722.727.429.727.551.753.6
Adj Net
Profit
0.21.111.8-0.1-53.91.8-1.90.51
Cash Flow from Ops. 2.5-0.12.4-0.7-8.3-0.42.44.8-2-56.8-
Debt/CF from Ops. 4.3-136.35.5-22.7-2.1-45.77.63.1-5.6-0.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 11.5%10.8%13.3%25.5%
Adj EPS 4%NA-53.6%NA
BVPS19.5%12.5%23.6%88.1%
Share Price - 45.7% 99.8% -33.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
6.634.923.922.5-0.8-23.318.87.8-7.90.90.7
Op. Profit
Mgn %
3.354.64.11.2-1.66.83.50.30.3NAN
Net Profit
Mgn %
0.31.61.31.8-0.2-5.13.71.3-1.50.30.3
Debt to
Equity
4.13.32.91.40.710.80.60.50.8-
Working Cap
Days
58668281107117111941101470
Cash Conv.
Cycle
4241414575827769751030

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 0.70%

Sales growth is growing at healthy rate in last 3 years 13.33%

Debt to equity has declined versus last 3 years average to 0.77

Net Profit has been subdued in last 3 years -53.58%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Surani Steel Tubes Ltd.

Standalone Consolidated
TTM EPS (₹) 0.4 -
TTM Sales (₹ Cr.) 155 -
BVPS (₹.) 53.6 -
Reserves (₹ Cr.) 56 -
P/BV 3.70 -
PE 506.96 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 255
Equity (₹ Cr.) 12.8
Face Value (₹) 10
Industry PE 22.2

Management X-Ray of Surani Steel Tubes:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *41.1241.1241.1241.120.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Surani Steel Tubes

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales5868771019398107137124155
Operating Expenses 56657397929999132123155
Manufacturing Costs1211121111
Material Costs54617093899496128119150
Employee Cost 1111122221
Other Costs 0111111112
Operating Profit 23341-27500
Operating Profit Margin (%) 3.3%5.0%4.6%4.1%1.2%-1.6%6.8%3.5%0.3%0.3%
Other Income 0000000001
Interest 1111122210
Depreciation 0100011110
Exceptional Items 0000000000
Profit Before Tax 02230-542-11
Tax 0011000000
Profit After Tax 01120-542-21
PAT Margin (%) 0.3%1.6%1.3%1.8%-0.1%-5.1%3.7%1.4%-1.5%0.3%
Adjusted EPS (₹)0.32.22.03.0-0.2-6.04.72.2-2.20.5
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 34511241923252355
Share Capital 33368888811
Reserves 0125161114161444
Minority Interest0000000000
Debt10121314161917131142
Long Term Debt6664432000
Short Term Debt46711121615131142
Trade Payables2588383652
Others Liabilities 12332227235
Total Liabilities 162328364548455141134

Fixed Assets

Gross Block66666181818915
Accumulated Depreciation1122245645
Net Fixed Assets55544151312510
CWIP 00261100000
Investments 0000000000
Inventories5111117202322271763
Trade Receivables56866675131
Cash Equivalents 10000000135
Others Assets11223437525
Total Assets 162328364548455141134

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 202-1-8025-2-57
PBT 02230-542-11
Adjustment 2221133320
Changes in Working Capital 1-3-1-4-91-50-2-57
Tax Paid 0000-100000
Cash Flow From Investing Activity 0-1-2-4-5-1007-5
Capex 0-1-2-4-5-1007-6
Net Investments 0000000000
Others 0000000001
Cash Flow From Financing Activity -2005131-2-5-596
Net Proceeds from Shares 000413000032
Net Proceeds from Borrowing 000-4-1-10000
Interest Paid -1-1-1-1-1-2-2-2-10
Dividend Paid 0000000000
Others 0216240-3-464
Net Cash Flow 10000000034
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)6.4734.8823.8522.48-0.78-23.2718.757.84-7.571.29
ROCE (%)1220.0518.3816.922.23-6.7415.118.85-1.020.86
Asset Turnover Ratio4.133.963.363.252.32.112.292.832.671.77
PAT to CFO Conversion(x)N/A02-0.5N/AN/A0.52.5N/A-57
Working Capital Days
Receivable Days25242925242222162717
Inventory Days29374649728076656595
Payable Days1322363223222113189

Surani Steel Tubes Ltd Stock News

Surani Steel Tubes Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Surani Steel Tubes on 01-Jan-1970 05:30 is ₹0.00.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jan-1970 05:30 the market cap of Surani Steel Tubes stood at ₹254.5.
The latest P/E ratio of Surani Steel Tubes as of 01-Jan-1970 05:30 is 507.0.
The latest P/B ratio of Surani Steel Tubes as of 01-Jan-1970 05:30 is 3.70.
The 52-week high of Surani Steel Tubes is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Surani Steel Tubes is ₹155.1 ( Cr.) .

About Surani Steel Tubes Ltd

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