Surani Steel Tub

  • Market Cap: Micro Cap
  • Industry: Iron & Steel Products
  • ISIN: INE01ZJ01015
  • NSEID: SURANI
  • BSEID:
INR
63.95
-4.65 (-6.78%)
BSENSE

Dec 05

BSE+NSE Vol: 1200

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

1.2 k (-6.25%) Volume

Shareholding (Sep 2025)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

30.84%

When is the next results date for Surani Steel Tub?

06-Jun-2025

No Upcoming Board Meetings

Has Surani Steel Tub declared dividend?

06-Jun-2025

No Dividend History Available

Who are the peers of the Surani Steel Tub?

03-Jun-2025

Surani Steel Tub's peers include APL Apollo Tubes, Welspun Corp, and Jindal Saw, among others. In terms of management risk, growth, and capital structure, APL Apollo Tubes performs best, while Surani Steel Tub shows below-average growth and capital structure, with a 1-year return of 0.00%.

Peers: The peers of Surani Steel Tub are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Sarthak Metals, Sharda Ispat, Alliance Integ., National Fitting, and Bansal Roofing.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes, while Good management risk is found at Welspun Corp, Shyam Metalics, Ratnamani Metals, Sarthak Metals, and Bansal Roofing, and Average management risk is noted at Jindal Saw, Sharda Ispat, and National Fitting. Below Average management risk is present at Alliance Integ. In terms of Growth, Excellent growth is seen at APL Apollo Tubes and Jindal Saw, while Average growth is noted at Shyam Metalics and Ratnamani Metals, and Below Average growth is found at Welspun Corp, Sarthak Metals, Sharda Ispat, Alliance Integ., and Bansal Roofing. Surani Steel Tub and the rest have Below Average growth. For Capital Structure, Excellent capital structure is observed at APL Apollo Tubes, Shyam Metalics, Ratnamani Metals, and Sarthak Metals, while Good capital structure is found at Welspun Corp, Sharda Ispat, and National Fitting, and Below Average capital structure is noted at Jindal Saw, Alliance Integ., and Surani Steel Tub.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Welspun Corp at 68.79%, while the lowest is Alliance Integ. at -83.92%. Surani Steel Tub has a 1-year return of 0.00%, which is significantly lower than all peers. Additionally, the six-month return is negative for Jindal Saw, Ratnamani Metals, Sarthak Metals, and Alliance Integ.

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What is the technical trend for Surani Steel Tub?

09-Jun-2025

As of June 2, 2025, Surani Steel Tub's technical trend is mildly bearish, influenced by bearish daily moving averages and mixed signals from MACD and Bollinger Bands.

As of 2 June 2025, the technical trend for Surani Steel Tub has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The RSI shows no signal on the weekly chart but is bullish on the monthly. Bollinger Bands are mildly bearish for both weekly and monthly time frames. Daily moving averages are bearish, and the KST reflects a mildly bullish trend weekly but is mildly bearish monthly. Dow Theory shows no trend in both weekly and monthly analyses. Overall, the current technical stance is mildly bearish, driven primarily by the bearish daily moving averages and the mixed signals from MACD and Bollinger Bands.

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Who are in the management team of Surani Steel Tub?

16-Jul-2025

As of March 2022, the management team of Surani Steel Tub includes Mukesh Patel and Dinesh Patel as Joint Managing Directors, Karshan Patel as Director, Hetika Kinger and Dinesh Dhanji Patel as Independent Directors, and Shwetal Maliwal as Company Secretary & Compliance Officer. They oversee the company's operations and governance.

As of March 2022, the management team of Surani Steel Tub consists of the following individuals:<BR><BR>1. Mukesh Patel - Joint Managing Director<BR>2. Dinesh Patel - Joint Managing Director<BR>3. Karshan Patel - Director<BR>4. Hetika Kinger - Independent Director<BR>5. Dinesh Dhanji Patel - Independent Director<BR>6. Shwetal Maliwal - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the operations and governance of the company.

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What does Surani Steel Tub do?

17-Jul-2025

Surani Steel Tubes Ltd is a Micro Cap company in the Iron & Steel Products industry, originally incorporated in 2012 and converted to a public company in 2018. It has a market cap of INR 190 Cr, with key metrics including a P/E ratio of 58.00 and a debt-equity ratio of 0.14.

Overview: <BR>Surani Steel Tubes Ltd operates in the Iron & Steel Products industry and is categorized as a Micro Cap company.<BR><BR>History: <BR>Surani Steel Tubes Ltd was originally incorporated as a Private Limited Company named "Surani Steel Private Limited" in 2012. The company changed its name to "Surani Steel Tubes Private Limited" in 2018 and was subsequently converted into a Public Limited Company, adopting the name Surani Steel Tubes Limited on September 12, 2018. Revenue and profit data for the latest quarter are not available.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: N/A <BR>Market-cap value: INR 190 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 58.00 <BR>Industry P/E: 34 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.14 <BR>Return on Equity: 5.94% <BR>Price-to-Book: 3.46<BR><BR>Contact Details: <BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

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Who are the top shareholders of the Surani Steel Tub?

17-Jul-2025

The top shareholders of Surani Steel Tub include promoter Vijay Singla with 10.36% and public shareholder Rahul Bansal with 6.63%. Individual investors hold a combined 55.56%, with no pledged promoter holdings or mutual fund/foreign institutional investor participation.

The top shareholders of Surani Steel Tub include Vijay Singla, who is the promoter with the highest holding at 10.36%. The highest public shareholder is Rahul Bansal, holding 6.63%. Additionally, individual investors collectively hold a significant portion, accounting for 55.56% of the shares. There are no pledged promoter holdings, and the company does not have any mutual fund or foreign institutional investor (FII) holdings.

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How big is Surani Steel Tub?

24-Jul-2025

As of 24th July, Surani Steel Tubes Ltd has a market capitalization of 171.00 Cr, classifying it as a Micro Cap company, with Shareholder's Funds of 88.35 Cr and Total Assets of 134.21 Cr; however, recent financial data for Net Sales and Net Profit is unavailable.

As of 24th July, <BR><BR>Market Cap: Surani Steel Tubes Ltd has a market capitalization of 171.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales and Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds amounting to 88.35 Cr and Total Assets valued at 134.21 Cr.

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How has been the historical performance of Surani Steel Tub?

13-Nov-2025

Surani Steel Tub's historical performance from March 2024 to March 2025 shows increased net sales and operating profit, but rising raw material costs led to a decline in profit before tax and earnings per share. Overall, while sales improved, profitability faced challenges due to higher expenses.

Answer:<BR>The historical performance of Surani Steel Tub shows a mixed trend in its financial metrics from March 2024 to March 2025.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2025, Surani Steel Tub reported net sales of 225.00 Cr, a significant increase from 155.14 Cr in the previous year. Total operating income also rose to 225.00 Cr from 155.14 Cr. However, raw material costs surged to 218.36 Cr from 143.04 Cr, leading to total expenditure (excluding depreciation) of 223.62 Cr, up from 154.74 Cr. Operating profit (PBDIT) improved to 3.76 Cr from 1.19 Cr, while profit before tax decreased to 0.17 Cr from 0.60 Cr. Profit after tax remained relatively stable at 0.49 Cr compared to 0.50 Cr in the prior year. The company's earnings per share (EPS) fell to 0.32 from 0.47, and the operating profit margin increased to 0.61% from 0.26%. On the balance sheet, total liabilities grew to 157.14 Cr from 134.21 Cr, while total assets also increased to 157.14 Cr from 134.21 Cr. The cash flow from operating activities showed a positive shift to 8.00 Cr from a negative 56.00 Cr, although net cash outflow was recorded at -32.00 Cr compared to a net inflow of 33.00 Cr in the previous year. Overall, while sales and operating profits improved, the increase in costs and decline in EPS indicate challenges in profitability.

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Is Surani Steel Tub overvalued or undervalued?

26-Nov-2025

As of November 25, 2025, Surani Steel Tub is considered undervalued with an attractive valuation grade, featuring a PE ratio of 37.82, lower than peers like JSW Steel and Tata Steel, despite a year-to-date return of -57.99%.

As of 25 November 2025, the valuation grade for Surani Steel Tub has moved from very expensive to attractive, indicating a significant shift in its market perception. The company is currently assessed as undervalued. Key ratios include a PE ratio of 37.82, an EV to EBITDA of 75.89, and a PEG ratio of 0.13, which suggests that the stock may be undervalued relative to its growth potential.<BR><BR>When compared to peers, Surani Steel Tub's PE ratio is lower than that of JSW Steel, which stands at 44.38, while Tata Steel, also rated attractive, has a PE of 27.89. This comparison reinforces the notion that Surani Steel Tub is positioned favorably in terms of valuation. Despite recent underperformance, with a year-to-date return of -57.99% compared to the Sensex's 9.47%, the company's attractive valuation metrics suggest potential for recovery and growth moving forward.

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Why is Surani Steel Tub falling/rising?

05-Dec-2025

As of 04-Dec, Surani Steel Tubes Ltd's stock price is at Rs. 68.60, down 3.38%, with a significant decline of 63.98% year-to-date and a new 52-week low. The stock is underperforming against its sector and trading below key moving averages, indicating a bearish trend despite increased investor participation.

As of 04-Dec, Surani Steel Tubes Ltd's stock price is falling, currently at Rs. 68.60, reflecting a decrease of Rs. 2.4 or 3.38%. This decline is evident in the stock's performance over various periods, with a significant drop of 9.62% over the past week and a staggering 63.98% year-to-date. Additionally, the stock has reached a new 52-week low today, indicating a lack of investor confidence.<BR><BR>The stock is also underperforming compared to the sector, with a performance today that is 3.31% lower than its peers. Furthermore, Surani Steel Tubes is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically suggests a bearish trend.<BR><BR>Despite a rise in investor participation, with a 25% increase in delivery volume on December 3rd compared to the 5-day average, the overall market sentiment remains negative. The stock's liquidity is adequate for trading, but the persistent downward movement in price reflects broader challenges faced by the company, contributing to its current decline.

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Which are the latest news on Surani Steel Tub?

05-Dec-2025

iScoreScore
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Strong Sell
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Strong Buy

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stock-summaryMojo Parameters
Mojo Parameters
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Stock DNA
stock-summary
Industry

Iron & Steel Products

stock-summary
Market cap

INR 106 Cr (Micro Cap)

stock-summary
P/E

30.00

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-0.15

stock-summary
Return on Equity

2.64%

stock-summary
Price to Book

0.86

Revenue and Profits:
Net Sales:
(Quarterly Results - )
Net Profit:
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-21.63%
0%
-21.63%
6 Months
-46.69%
0%
-46.69%
1 Year
-67.97%
0%
-67.97%
2 Years
-78.68%
0%
-78.68%
3 Years
190.68%
0%
190.68%
4 Years
132.55%
0%
132.55%
5 Years
236.58%
0%
236.58%

Surani Steel Tub for the last several years.

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions
News

Why is Surani Steel Tub falling/rising?

Sharp Decline Against Market Benchmarks

Surani Steel Tubes’ recent price movement starkly contrasts with the broader market trends. Over the past week, the stock has declined by 15.74%, while the Sensex remained virtually flat, dipping only 0.06%. This underperformance extends over longer periods as well, with the stock down 21.05% in the last month compared to a 2.30% gain in the Sensex. Year-to-date figures reveal a dramatic 66.42% drop in Surani Steel Tubes’ share price, whereas the Sensex has appreciated by 10.75%. Even over the last year, the stock has lost nearly 68%, while the benchmark index gained close to 6%. These figures highlight a persistent and severe divergence from market averages, signalling company-specific pressures rather than broad market weakness.

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Announcements stock-summary
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No announcement available
Corporate Actions stock-summary
stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

No Dividend history available

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
18.10%
EBIT Growth (5y)
17.17%
EBIT to Interest (avg)
1.02
Debt to EBITDA (avg)
14.25
Net Debt to Equity (avg)
0.10
Sales to Capital Employed (avg)
2.40
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
4.41%
ROE (avg)
5.65%
Valuation key factors
Factor
Value
P/E Ratio
30
Industry P/E
21
Price to Book Value
0.80
EV to EBIT
79.91
EV to EBITDA
57.91
EV to Capital Employed
0.76
EV to Sales
0.36
PEG Ratio
0.10
Dividend Yield
NA
ROCE (Latest)
0.55%
ROE (Latest)
2.64%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Sep 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Vijay Singla (10.36%)

Highest Public shareholder

Rahul Bansal (6.63%)

Individual Investors Holdings

55.76%

stock-summaryFinancial
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    "alert": "No Quarterly Results declared by Surani Steel Tub"
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        "suffix": " Growth in half year ended Sep 2025 is -55.40% vs 3.09% in Mar 2025",
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        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2025 is 405.80% vs -158.97% in Mar 2025",
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          "val2": "0.55",
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        {
          "field": "Interest",
          "val1": "0.04",
          "val2": "0.02",
          "chgp": "100.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "1.39",
          "val2": "-2.78",
          "chgp": "150.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "2.11",
          "val2": "-0.69",
          "chgp": "405.80%",
          "chgp_class": "positive"
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          "field": "Operating Profit Margin (Excl OI)",
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  {
    "link": "nine-monthly",
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    "alert": "No Nine Monthly Results declared by Surani Steel Tub"
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    "header": "Annual Results Snapshot (Standalone) - Mar'25",
    "rhs": [
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        "suffix": "YoY Growth in year ended Mar 2025 is 45.03% vs 25.52% in Mar 2024",
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        "suffix": "YoY Growth in year ended Mar 2025 is -2.00% vs 127.93% in Mar 2024",
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    "table": {
      "header": [
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        "Mar'24",
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          "field": "Net Sales",
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          "chgp": "45.03%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1.38",
          "val2": "0.40",
          "chgp": "245.00%",
          "chgp_class": "positive"
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        {
          "field": "Interest",
          "val1": "0.02",
          "val2": "0.11",
          "chgp": "-81.82%",
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          "chgp": "",
          "chgp_class": "neutral"
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          "field": "Standalone Net Profit",
          "val1": "0.49",
          "val2": "0.50",
          "chgp": "-2.00%",
          "chgp_class": "negative"
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          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.61%",
          "val2": "0.26%",
          "chgp": "0.35%",
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Half Yearly Results Snapshot (Consolidated) - Sep'25stock-summary
Sep'25
Mar'25
Change(%)
Net Sales
50.94
114.21
-55.40%
Operating Profit (PBDIT) excl Other Income
-0.75
0.55
-236.36%
Interest
0.04
0.02
100.00%
Exceptional Items
1.39
-2.78
150.00%
Consolidate Net Profit
2.11
-0.69
405.80%
Operating Profit Margin (Excl OI)
-1.47%
0.48%
-1.95%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2025 is -55.40% vs 3.09% in Mar 2025

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2025 is 405.80% vs -158.97% in Mar 2025

Annual Results Snapshot (Standalone) - Mar'25stock-summary
Mar'25
Mar'24
Change(%)
Net Sales
225.00
155.14
45.03%
Operating Profit (PBDIT) excl Other Income
1.38
0.40
245.00%
Interest
0.02
0.11
-81.82%
Exceptional Items
-2.78
0.00
Standalone Net Profit
0.49
0.50
-2.00%
Operating Profit Margin (Excl OI)
0.61%
0.26%
0.35%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2025 is 45.03% vs 25.52% in Mar 2024

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2025 is -2.00% vs 127.93% in Mar 2024

stock-summaryCompany CV
About Surani Steel Tubes Ltd stock-summary
stock-summary
Surani Steel Tubes Ltd
Micro Cap
Iron & Steel Products
Surani Steel Tubes Limited was originally incorporated as a Private Limited Company with the name "Surani Steel Private Limited" on July 31, 2012. Further, the name of the Company changed to "Surani Steel Tubes Private Limited" on August 13, 2018. Subsequently, the Company was converted into a Public Limited Company and the name was changed to Surani Steel Tubes Limited on September 12, 2018. Surani Steel's modernized and state of the art production facility is based at Gujarat.
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