Surani Steel Tubes Peer Comparison

NSE: SURANI

₹103.10

₹3.10 (3.10%)

As on 02-Sep-2026IST

Market cap

₹155 Cr

Revenue (TTM)

₹225 Cr

P/E Ratio

76

P/B Ratio

1.3

Div. Yield

0 %

Edit

	Surani Steel Tubes	Maharashtra Seamless	Man	Electrosteel Castings	Sambhv Steel Tubes
Market cap (₹ Cr)	155	8,930	5,626	5,282	3,713
Revenue (₹ Cr)	225	4,620	3,875	5,786	2,587
Net Profit (₹ Cr)	0.49	751.25	204.30	120.76	164.80
Net Margin (%)	0.21	14.96	5.26	2.01	6.34
RoE (%)	0.55	11.00	10.08	2.49	16.49
Price to Earnings	75.99	12.11	27.54	43.76	22.53
Price-To-Book	1.26	1.25	2.62	0.88	3.34

Income Statement
Liabilities
Assets
Cashflow
Ratios

Income Statement (₹ Cr)

	Surani Steel Tubes	Maharashtra Seamless	Man	Electrosteel Castings	Sambhv Steel Tubes
Operating Revenue	225.00	5,268.66	3,505.35	7,319.97	1,511.36
Total Income	227.39	5,472.01	3,557.17	7,458.83	1,516.70
Total Expenditure	223.63	4,354.53	3,203.94	6,299.95	1,356.87
EBITDA	1.38	914.13	301.41	1,020.02	154.48
Depreciation	0.80	100.92	45.25	142.05	34.35
EBIT	0.58	813.21	256.17	877.97	120.13
Interest	0.02	2.76	99.63	160.71	47.29
Other Income	2.38	203.35	51.82	138.86	5.35
Exceptional Items	-2.78	--	--	--	--
Profit before Tax	0.17	1,000.21	208.35	856.12	78.18
Provision for Tax	-0.32	222.86	55.18	146.40	20.91
Profit after Tax	0.49	777.35	153.17	709.71	57.27

Liabilities (₹ Cr)

	Surani Steel Tubes	Maharashtra Seamless	Man	Electrosteel Castings	Sambhv Steel Tubes
Shareholder's Funds	121.84	6,339.94	1,607.26	5,781.59	495.34
Minority Interest	--	--	--	1.13	--
Non-Current Liabilities	0.03	422.01	186.94	1,133.61	364.75
Current Liabilities	35.27	271.31	1,984.94	2,778.98	553.35
Total Liabilities	157.19	7,033.26	3,779.15	9,695.32	1,413.44

Assets (₹ Cr)

	Surani Steel Tubes	Maharashtra Seamless	Man	Electrosteel Castings	Sambhv Steel Tubes
Non-Current Assets	12.24	2,598.42	1,028.57	5,039.97	880.52
Current Assets	144.90	4,434.84	2,750.57	4,655.34	532.92
Total Assets	157.19	7,033.26	3,779.15	9,695.32	1,413.44
Total Debt*	34.57	0.10	455.95	2,059.68	504.43
Net Current Assets	109.63	4,163.53	765.63	1,876.36	-20.43
Contingent Liabilities	2.30	767.59	173.32	184.27	5.78

Cashflow (₹ Cr)

	Surani Steel Tubes	Maharashtra Seamless	Man	Electrosteel Castings	Sambhv Steel Tubes
Cash From Operating Activities	8.88	609.62	67.99	480.45	126.19
Cash Flow from Investing Activities	-66.40	-486.01	-41.33	-141.90	-233.16
Cash from Financing Activities	25.19	-136.37	29.63	-454.40	104.54
Net Cash Inflow / Outflow	-32.34	-12.76	56.29	-115.85	-2.43

Ratios

Profitability Ratios

	Surani Steel Tubes	Maharashtra Seamless	Man	Electrosteel Castings	Sambhv Steel Tubes
ROCE (%)	0.13	16.63	16.31	13.36	12.55
ROE (%)	0.55	12.89	10.25	13.03	11.56
ROA (%)	0.33	11.42	4.95	7.55	4.05
EBIT Margin (%)	1.67	21.21	10.08	15.83	10.58
Net Margin (%)	0.21	14.21	4.31	9.52	3.78
Cash Profit Margin (%)	0.57	16.67	5.66	11.64	5.96

Growth Ratios

	Surani Steel Tubes	Maharashtra Seamless	Man	Electrosteel Castings	Sambhv Steel Tubes
Revenue Growth (%)	45.04	-2.51	11.56	-2.11	0.00
EBIT Growth (%)	216.53	-18.05	20.46	-9.51	--
Net Profit Growth (%)	-3.09	-18.32	45.68	-4.11	0.00
EPS Growth (%)	-33.72	-18.27	45.68	-4.10	0.00
Book Value Growth (%)	121.49	10.64	14.53	13.08	0.00

Valuation Ratios

	Surani Steel Tubes	Maharashtra Seamless	Man	Electrosteel Castings	Sambhv Steel Tubes
Price / Earnings	331.87	11.76	11.27	8.56	0.00
Price / Book Value	1.32	1.44	1.08	1.05	0.00
Dividend Yield (%)	0.00	1.47	0.00	1.42	--
EV/EBITDA	50.86	8.14	5.10	6.84	4.56
Market Cap (₹ Cr)	161.15	9,143.23	1,725.69	6,075.57	0.00

Solvency Ratios

	Surani Steel Tubes	Maharashtra Seamless	Man	Electrosteel Castings	Sambhv Steel Tubes
Debt to Equity	0.28	0.00	0.29	0.36	1.02
Short term debt to equity ratio	0.28	--	0.17	0.28	0.25
Current Ratio	4.11	16.35	1.39	1.68	0.96
Quick Ratio	3.21	11.40	0.75	0.79	0.50
Interest Coverage	10.55	363.39	3.09	6.33	2.65

Operating Efficiency Ratios

	Surani Steel Tubes	Maharashtra Seamless	Man	Electrosteel Castings	Sambhv Steel Tubes
Debtors to sales (%)	12.08	12.40	25.56	20.26	9.74
Asset Turnover	1.54	0.77	1.13	0.78	1.09
Receivable days	23.10	40.59	65.13	71.00	34.93
Inventory Days	77.11	101.07	99.66	118.11	60.26
Payable days	2.19	24.48	127.87	54.42	111.34
Cash Conversion Cycle	98.02	117.18	36.91	134.69	-16.15