Shree Marutinandan Tubes Ltd - Stock Valuation and Financial Performance

BSE: 544083 | NSE: | Trading | Small Cap

Shree Maruti Tubes Share Price

171 -3.95 -2.26%
as on 11-Dec'24 16:59

DeciZen - make an informed investing decision on Shree Maruti Tubes

M-Cap below 100cr DeciZen not available

Shree Marutinandan Tubes stock performance -

mw4me loader
P/E Ratio (SA):
22.49
Market Cap:
59.2 Cr.
52-wk low:
147
52-wk high:
455

Is Shree Marutinandan Tubes Ltd an attractive stock to invest in?

1. Is Shree Marutinandan Tubes Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Shree Marutinandan Tubes Ltd is a below average quality company.

2. Is Shree Marutinandan Tubes Ltd undervalued or overvalued?

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

3. Is Shree Marutinandan Tubes Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Shree Marutinandan 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 Shree Maruti 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.
Shree Marutinandan Tubes Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 11.4%10.1%40.5%24%-
Value Creation
Index
-0.2-0.31.90.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 35.647.147.291.892
Sales YoY Gr.-32.3%0.1%94.6%-
Adj EPS 0.50.28.27.57.6
YoY Gr.--55.6%3316.7%-8.2%-
BVPS (₹) 2.42.710.955.355.3
Adj Net
Profit
0.10.122.63
Cash Flow from Ops. -2.72.7-0.4-7.1-
Debt/CF from Ops. -2.82.4-16.3-0.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA37.1%94.6%
Adj EPS NANA140.7%-8.2%
BVPSNANA183%408.4%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
22.29.5120.923.913.7
Op. Profit
Mgn %
1.81.67.44.4NAN
Net Profit
Mgn %
0.40.14.32.82.9
Debt to
Equity
12.99.72.70.3-
Working Cap
Days
096108910
Cash Conv.
Cycle
04056580

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 37.07%

Net Profit is growing at healthy rate in last 3 years 140.70%

Debt to equity has declined versus last 3 years average to 0.31

Return on Equity has declined versus last 3 years average to 13.70%

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

Latest Financials - Shree Marutinandan Tubes Ltd.

Standalone Consolidated
TTM EPS (₹) 7.6 -
TTM Sales (₹ Cr.) 91.8 -
BVPS (₹.) 55.3 -
Reserves (₹ Cr.) 16 -
P/BV 3.09 -
PE 22.49 -
From the Market
52 Week Low / High (₹) 147.00 / 454.95
All Time Low / High (₹) 147.00 / 454.95
Market Cap (₹ Cr.) 59.2
Equity (₹ Cr.) 3.5
Face Value (₹) 10
Industry PE 64.7

Management X-Ray of Shree Maruti Tubes:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Shree Maruti Tubes

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24
Sales35.6447.1447.1791.78
Operating Expenses 3546.3743.6987.70
Manufacturing Costs0.070.200.070.16
Material Costs34.5045.5942.9986.30
Employee Cost 0.180.140.140.28
Other Costs 0.250.430.490.97
Operating Profit 0.630.773.484.08
Operating Profit Margin (%) 1.8%1.6%7.4%4.4%
Other Income 0.340.040.060.15
Interest 0.720.650.700.62
Depreciation 0.020.040.110.08
Exceptional Items 0000.03
Profit Before Tax 0.230.132.733.56
Tax 0.090.070.710.93
Profit After Tax 0.130.062.022.63
PAT Margin (%) 0.4%0.1%4.3%2.9%
Adjusted EPS (₹)0.50.28.27.6
Dividend Payout Ratio (%)0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 0.600.662.6819.14
Share Capital 0.210.210.213.46
Reserves 0.390.452.4715.68
Minority Interest0000
Debt7.626.206.945.76
Long Term Debt2.942.752.101.67
Short Term Debt4.683.454.844.09
Trade Payables4.245.415.196.28
Others Liabilities 0.520.561.351.49
Total Liabilities 12.9812.8316.1532.67

Fixed Assets

Gross Block0.160.510.520.54
Accumulated Depreciation0.100.130.240.22
Net Fixed Assets0.070.380.280.32
CWIP 0000
Investments 0000
Inventories1.494.456.397.40
Trade Receivables85.768.8818.50
Cash Equivalents 0.050.440.032.20
Others Assets3.381.790.574.25
Total Assets 12.9812.8316.1532.67

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity -2.732.69-0.44-7.06
PBT 0.230.132.733.56
Adjustment 0.750.680.810.67
Changes in Working Capital -3.581.94-3.26-10.36
Tax Paid -0.11-0.06-0.72-0.93
Cash Flow From Investing Activity -0.01-0.35-0.01-0.08
Capex -0.01-0.35-0.01-0.08
Net Investments 0000
Others 0000
Cash Flow From Financing Activity 2.56-1.960.049.31
Net Proceeds from Shares 0000
Net Proceeds from Borrowing 1.31-0.19-0.65-0.43
Interest Paid -0.72-0.65-0.70-0.62
Dividend Paid 0000
Others 1.97-1.121.3910.36
Net Cash Flow -0.180.39-0.412.17
PARTICULARSMar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)22.179.54120.9224.12
ROCE (%)11.3810.0740.5223.96
Asset Turnover Ratio2.753.653.263.76
PAT to CFO Conversion(x)-2144.83-0.22-2.68
Working Capital Days
Receivable Days82535754
Inventory Days15234227
Payable Days45394524

Shree Marutinandan Tubes Ltd Stock News

Shree Marutinandan Tubes Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Shree Maruti Tubes on 11-Dec-2024 16:59 is ₹171.0.
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 11-Dec-2024 16:59 the market cap of Shree Maruti Tubes stood at ₹59.17.
The latest P/E ratio of Shree Maruti Tubes as of 11-Dec-2024 16:59 is 22.49.
The latest P/B ratio of Shree Maruti Tubes as of 11-Dec-2024 16:59 is 3.09.
The 52-week high of Shree Maruti Tubes is ₹454.9 and the 52-week low is ₹147.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shree Maruti Tubes is ₹91.78 ( Cr.) .

About Shree Marutinandan Tubes Ltd

Shree Marutinandan Tubes was originally incorporated as Private Limited, under the Companies Act, 1956 (Companies Act) in the name and style of ‘Shree Marutinandan Tubes Private Limited’ on March 12, 2013 under the provisions of the Companies Act, 1956 vide Certificate of Incorporation issued by the Registrar of Companies, Ahmedabad, Gujarat. Later on, company was converted into public limited company, the name of the Company has changed to ‘Shree Marutinandan Tubes Limited’ and for the same fresh Certificate of Incorporation dated June 22, 2023 was issued by the Registrar of Companies, Ahmedabad, Gujarat.

The company is engaged in the business of trading of Galvanized Pipe, Electric Resistance Welding Mild Steel (ERW MS) Pipes (round pipes, square and rectangular hollow sections) in various specifications, sizes ranging from 15 NB to 1000 NB and also in trading of Black Pipes and Solar Structural Pipes. Its products have wide application in varied industries like Agriculture, Oil, Public Health, Housing, Irrigation, Engineering, Infrastructural, Industrial etc.

It has independent sales and distribution networks for its products. A substantial majority of its steel pipes are sold to wholesalers & Distributors in the domestic markets. It procures Steel Pipes from the best manufacturers in steel pipes at domestic level. It has a procurement policy and generally purchase in large volumes in order to stock and facilitate on time delivery of products to its end customers. The company is a well-established Company that has made a significant mark in the trading of steel tubes and pipes. However, from FY 2023, it has taken a strategic step of forward integration to expand its business horizons and diversify its offerings. To achieve this, it has decided to accord with its group company, Shree Kamdhenu Machinery, for the contract manufacturing of agricultural equipment. This move enables it to provide a broader range of products to its clients, catering to the growing demand for agricultural machinery and equipment in the market.

Business area of the company

The company is engaged in the business of trading of Galvanized Pipe, Electric Resistance Welding Mild Steel (ERW MS) Pipes (round, square and rectangular hollow sections) Black Pipes and Solar Structural Pipes in various specifications, sizes ranging from 15NB to 500 NB. 

Products of the company

  • Galvanized pipes
  • Black pipe
  • MS ERW pipe
  • Solar structural pipe

History and milestones 

  • 2013: Incorporation of the company viz. ‘Shree Marutinandan Tubes Private Limited’.
  • 2023: Conversion of the company’s status from Private Limited to Limited Company.

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.