Surani Steel Tub

Why is Surani Steel Tubes Ltd falling/rising?

As of 10-Jun, Surani Steel Tubes Ltd's stock price is declining, currently at 123.50, reflecting a 5.0% decrease. The stock has underperformed recently, with significant drops in both weekly and monthly performance, alongside a notable decline in investor participation.

As of 10-Jun, Surani Steel Tubes Ltd's stock price is falling, currently at 123.50, which reflects a decrease of 6.5 points or 5.0%. This decline is evident in the stock's performance over the past week and month, where it has underperformed significantly, with a 1-week drop of 7.84% and a 1-month decrease of 9.19%. <BR><BR>Additionally, the stock has shown a negative trend in investor participation, as evidenced by a substantial drop in delivery volume, which fell by 93.33% compared to the 5-day average. This indicates a lack of interest from investors, contributing to the stock's downward movement. Although the stock remains above its 100-day and 200-day moving averages, it is below the 5-day, 20-day, and 50-day moving averages, suggesting a short-term weakness in price momentum.<BR><BR>Overall, the combination of recent poor performance relative to the benchmark Sensex, declining investor participation, and the current price movement indicates that Surani Steel Tubes Ltd is experiencing a downward trend in its stock price.

What does Surani Steel Tub do?

Surani Steel Tubes Ltd operates in the Iron & Steel Products industry as a Micro Cap company, reporting net sales of 41 Cr and a net profit of 0 Cr for the quarter ending March 2026. The company has a market cap of INR 202 Cr and a P/E ratio of 264.00.

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. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 41 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 202 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 264.00 <BR>Industry P/E: 26 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.14 <BR>Return on Equity: 0.59% <BR>Price to Book: 1.63 <BR><BR>Contact Details: <BR>No Company Details Available <BR>Registrar Address: Not available.

Which are the latest news on Surani Steel Tub?

How big is Surani Steel Tub?

As of 10th June, Surani Steel Tubes Ltd has a market capitalization of 202.00 Cr, with net sales of 155.55 Cr and a net loss of 0.76 Cr over the latest four quarters. Shareholder's funds are 121.83 Cr and total assets are valued at 157.14 Cr as of March 2025.

As of 10th June, Surani Steel Tubes Ltd has a market capitalization of 202.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 155.55 Cr. However, it experienced a loss of 0.76 Cr in Net Profit over the same period.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 121.83 Cr and Total Assets valued at 157.14 Cr.

Who are in the management team of Surani Steel Tub?

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.

The management team of Surani Steel Tub includes 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>If you have any more questions about the company or its operations, feel free to ask!

Is Surani Steel Tub overvalued or undervalued?

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.

How has been the historical performance of Surani Steel Tub?

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.

Who are the top shareholders of the Surani Steel Tub?

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.

What is the technical trend for Surani Steel Tub?

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.

When is the next results date for Surani Steel Tub?

No Upcoming Board Meetings

Has Surani Steel Tub declared dividend?

No Dividend History Available

Who are the peers of the Surani Steel Tub?

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.