Surani Steel Tubes Ltd.

NSE: SURANI · Other · sector

₹125.95NSE close 2026-10-26

Key numbers

Market cap₹196 cr

Price₹125.95

52w high / low₹174 / ₹47

P/E95.4xSector median 14.4x

P/B1.8xSector median 1.7x

Book value₹69.7

Dividend yield–Sector median 0.37%

ROE3.7%Sector median 13.8%

ROCE4.6%Sector median 19.6%

OPM2.5%Sector median 10.4%

Debt / equity–Sector median 0.29x

EV/EBITDA76.8xSector median 8.4x

Interest cover–

Current ratio1.89x

Sales growth 3y-9.3%Sector median +7.7%

Profit growth 3y–Sector median +16.6%

PEG–

Last 12 months to Mar 2026, Consolidated. "Sector median" = middle value of 688 companies in Other (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Operating cash flow was below net profit in 1 of the last 4 years (FY24).
Net loss in 2 of the last 7 quarters.
Other income was 89% of net profit in the last 12 months.
No dividend in the last 4 financial years.
Price ₹125.95 on 2026-10-26: -27.7% from the 52-week high, +166.3% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹301.55 · low ₹48.00

Quarterly results

₹ cr	Mar 2023	Sep 2023	Mar 2024	Sep 2024	Mar 2025	Sep 2025	Mar 2026
Revenue	65	65	91	111	114	51	41
EBITDA	4	-1	2	1	-2	1	0
OPM %	6.3%	-1.9%	1.8%	0.7%	-2.0%	1.2%	0.7%
Other income	0	0	0	1	2	3	1
Net profit	3	-1	2	1	-1	2	0
EPS (₹)	3.51	-1.54	1.86	1.01	-0.98	1.36	-0.04
Revenue YoY					+76.5%	-21.2%	-54.3%
Profit YoY					-123.7%	–	-88.8%

Consolidated figures where filed. Latest quarter Mar 2026.

Profit & loss (yearly)

₹ cr	FY23	FY24	FY25	FY26	TTM
Revenue	124	155	225	92	92
EBITDA	0	0	-1	2	2
Net profit	-2	0	0	4	4
EPS (₹)	-2.16	0.56	0.38	1.32	1.32
Revenue growth		+25.5%	+45.0%	-59.0%	–
Profit growth		–	-2.0%	+718.4%	–
Dividend / share (₹)	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	-9.3%	–	–
Net profit	–	–	–
EPS	–	–	–
Share price	–	-31.2% (2y)	+31.0%

Balance sheet

₹ cr	FY23	FY24	FY25	FY26
Shareholders' equity	–	–	106	108
Cash & equivalents	–	–	22	18
Total assets	–	–	157	251
Fixed assets	–	–	12	11
Investments	–	–	0	0
Inventory	–	–	32	143

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY23	FY24	FY25	FY26
Cash from operations	-2	-57	9	13
Cash from investing	7	-5	-66	38
Cash from financing	-5	96	25	-35
Capex	0	0	2	1
Free cash flow	-2	-57	7	12

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY23	FY24	FY25	FY26
ROE %	–	–	0.5%	3.7%
ROCE %	–	–	0.2%	4.6%
Inventory days	–	–	53	588
Working capital days	–	–	178	445

Peers in Other

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
TSFINV	₹8,585 cr	17.6x	1.4x	8.4%	3.6%	20.5%	+121.7%	2.30%
KRISHANA	₹6,339 cr	39.9x	11.3x	41.6%	23.2%	12.6%	+95.7%	0.05%
MARINE	₹5,431 cr	84.2x	11.0x	14.3%	18.0%	10.8%	+25.6%	0.07%
ZOTA	₹4,139 cr	–	6.0x	-22.5%	-12.4%	-0.5%	+56.7%	0.07%
AIMTRON	₹3,319 cr	71.7x	17.1x	28.0%	31.8%	21.8%	–	–
ACCORD	₹2,984 cr	–	261.7x	12.4%	12.0%	2.4%	–	–
MONOLITH	₹2,646 cr	64.6x	24.3x	36.0%	48.7%	24.4%	–	–
UTSSAV	₹2,390 cr	40.2x	14.1x	43.4%	54.7%	7.9%	–	–
BETA	₹2,200 cr	40.6x	5.0x	16.4%	17.0%	20.8%	–	–
SURANI	₹196 cr	95.4x	1.8x	3.7%	4.6%	2.5%	-9.3%	–

All 688 companies in Other →

Documents

Links go to the original files on the exchange website.

About the company


Sector
Industry	Other
Sub-industry
Symbol	SURANI
BSE code	–
ISIN	INE01ZJ01015
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results); price = NSE close 2026-10-26.