T N Steel Tubes

Which are the latest news on T N Steel Tubes?

Why is Tamilnadu Steel Tubes Ltd falling/rising?

As of 05-Sep, the stock price of Tamilnadu Steel Tubes Ltd is at 28.08, unchanged from the previous session. Despite a recent monthly gain of +4.97%, the stock has declined -32.11% year-to-date, underperforming its sector and facing challenges that may hinder sustained price increases.

As of 05-Sep, the stock price of Tamilnadu Steel Tubes Ltd is currently at 28.08, with no change from the previous trading session. The stock has shown a mixed performance over various periods. In the last week, it has remained flat with a change of +0.00%, while over the past month, it has increased by +4.97%. However, year-to-date, the stock has declined by -32.11%, which is significantly worse than the benchmark Sensex, which has only fallen by -10.21% during the same period.<BR><BR>Despite the recent monthly gain, the stock's performance today has underperformed its sector by -1.57%. Additionally, the stock has exhibited erratic trading behavior, not trading on 4 out of the last 20 days, which may contribute to investor uncertainty. The moving averages indicate that while the stock is currently higher than the 5-day, 20-day, 50-day, and 200-day moving averages, it is lower than the 100-day moving average, suggesting a potential struggle to maintain upward momentum.<BR><BR>On a positive note, there has been a significant increase in investor participation, with delivery volume on 24 August rising by 1971.43% compared to the 5-day average. This indicates a growing interest among investors, which could support future price stability or growth. However, the overall liquidity remains adequate, as the stock is liquid enough for trading based on its average traded value.<BR><BR>In summary, while Tamilnadu Steel Tubes Ltd has shown some recent gains, its year-to-date decline and underperformance today suggest that the stock is facing challenges that may hinder a sustained rise in price.

Who are in the management team of T N Steel Tubes?

The management team of T N Steel Tubes includes Bivashwa Das, N Sudharsan, MT Elumalai, Ram Ashish Singh, Rakesh Goyal as Executive Directors, along with independent directors Rajesh Sai Iyer, Renuka Ramesh, Jyothi Sathish, R.V. Sathyanarayanan, and Cma Divya Abhishek. They oversee the company's operations and strategic direction.

The management team of T N Steel Tubes includes the following individuals:<BR><BR>1. **Bivashwa Das** - Executive Director & Wholetime Director<BR>2. **N Sudharsan** - Executive Director / Wholetime Director / Manager<BR>3. **MT Elumalai** - Executive Director & Wholetime Director<BR>4. **Ram Ashish Singh** - Whole-time Director<BR>5. **Rajesh Sai Iyer** - Independent Non-Executive Director<BR>6. **Renuka Ramesh** - Independent Non-Executive Director<BR>7. **Jyothi Sathish** - Independent Non-Executive Director<BR>8. **R.V. Sathyanarayanan** - Independent Director<BR>9. **Rakesh Goyal** - Executive Director & Managing Director<BR>10. **Cma Divya Abhishek** - Independent Director<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

What does T N Steel Tubes do?

Tamilnadu Steel Tubes Ltd manufactures pipes and tubes in the Iron & Steel Products industry. As of June 2026, it reported net sales of 21 Cr and a market cap of 14 Cr.

Overview:<BR>Tamilnadu Steel Tubes Ltd is a company that manufactures and deals in various types of pipes and tubes, operating within the Iron & Steel Products industry and classified as a Micro Cap.<BR><BR>History:<BR>Incorporated on July 13, 1979, Tamilnadu Steel Tubes Ltd became a deemed public limited company on April 1, 1982, and was converted into a Public Limited Company on October 15, 1986. The latest quarterly results reported net sales and profit for June 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 21 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 14 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 480.00 <BR>Industry P/E: 63 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.73 <BR>Return on Equity: 0.30% <BR>Price to Book: 1.45 <BR><BR>Contact Details:<BR>Address: Mercury Apartments No 65, 1st Floor Pantheon Road Egmore Chennai Tamil Nadu : 600008 <BR>Tel: 91-44-28555653/28555673 <BR>Fax: 91-44-28555643 <BR>Email: tnt.share@yahoo.in/tnstl@vsnl.net <BR>Website: http://www.tamilnadusteeltubesltd.com

Who are the peers of the T N Steel Tubes?

T N Steel Tubes' peers include Shree Marutinand, Trans Freight, Crimson Metal, Eastcoast Steel, Sh. Steel Wire, AFLOAT Enterprises, Monind, Precision Metal, and Quality Foils. Shree Marutinand shows excellent management and growth, while T N Steel Tubes and most peers have below-average growth and management risk.

Peers: The peers of T N Steel Tubes are Shree Marutinand, Trans Freight, Crimson Metal, Eastcoast Steel, Sh. Steel Wire, AFLOAT Enterpris, Monind, Precision Metal., and Quality Foils.<BR><BR>Quality Snapshot: Excellent management risk is observed at Shree Marutinand, while Average management risk is found at Eastcoast Steel, and the rest have Below Average management risk. Growth is Excellent at Shree Marutinand, Average at Eastcoast Steel, and Below Average for Crimson Metal, T N Steel Tubes, Sh. Steel Wire, AFLOAT Enterpris, Monind, Precision Metal., and Quality Foils. Good capital structure is noted at Shree Marutinand, Sh. Steel Wire, and AFLOAT Enterpris, while the rest have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Crimson Metal at 4.49%, while the lowest is Shree Marutinand at -50.82%. T N Steel Tubes does not have a 1-year return available for comparison. Additionally, peers such as Crimson Metal and Sh. Steel Wire have negative six-month returns.

How big is T N Steel Tubes?

As of 31st August, Tamilnadu Steel Tubes Ltd has a market capitalization of 14.00 Cr, with net sales of 88.13 Cr and a net profit of 0.03 Cr over the latest four quarters. The company reported shareholder's funds of 9.91 Cr and total assets of 37.65 Cr for the annual period ending in March 2026.

As of 31st August, Tamilnadu Steel Tubes Ltd has a market capitalization of 14.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported net sales of 88.13 Cr and a net profit of 0.03 Cr.<BR><BR>For the latest annual period ending in March 2026, the company had shareholder's funds amounting to 9.91 Cr and total assets of 37.65 Cr.

Should I buy, sell or hold Tamilnadu Steel Tubes Ltd?

Are Tamilnadu Steel Tubes Ltd latest results good or bad?

Tamilnadu Steel Tubes Ltd's latest results show a net loss of ₹0.04 crores in Q4 FY26, despite a 35.39% revenue growth, indicating ongoing operational inefficiencies and a high effective tax rate of 126.67%. While revenue growth is positive, the inability to achieve profitability raises concerns about the company's financial health.

Tamilnadu Steel Tubes Ltd's latest results indicate a challenging financial situation. In Q4 FY26, the company reported a net loss of ₹0.04 crores, a significant decline from a break-even position in the previous quarter (Q3 FY26). This loss occurred despite achieving a notable revenue growth of 35.39% quarter-on-quarter and 26.14% year-on-year, reaching ₹25.67 crores, which is the highest quarterly revenue in the last seven quarters.<BR><BR>The operating margin remains critically low at just 1.60%, reflecting ongoing operational inefficiencies. Additionally, the company faced an extraordinary tax burden, with an effective tax rate of 126.67%, which contributed significantly to the net loss. <BR><BR>Overall, while the revenue growth is a positive sign, the inability to convert this growth into profitability, coupled with thin margins and high tax expenses, paints a concerning picture for the company's financial health. Investors should be cautious, as these results highlight fundamental operational challenges that need to be addressed for a turnaround.

When is the next results date for Tamilnadu Steel Tubes Ltd?

The next results date for Tamilnadu Steel Tubes Ltd is 14 August 2026.

The next results date for Tamilnadu Steel Tubes Ltd is scheduled for 14 August 2026.

Is T N Steel Tubes overvalued or undervalued?

As of November 17, 2025, T N Steel Tubes is overvalued with a PE ratio of 225.86 and low return metrics, indicating its high valuation is not justified despite recent strong stock performance.

As of 17 November 2025, T N Steel Tubes has moved from a fair to an expensive valuation grade. The company is currently overvalued, with a PE ratio of 225.86, an EV to EBIT of 23.00, and an EV to EBITDA of 19.83. In comparison to its peers, National Standard has a PE ratio of 309.89, while Mahamaya Steel is at 134.09, indicating that T N Steel Tubes is trading at a significantly higher valuation relative to its industry counterparts.<BR><BR>The company's return metrics also reflect its overvaluation, with a ROCE of only 3.71% and a ROE of 0.74%, suggesting inefficient capital use. Despite strong recent stock performance, with a 1-month return of 45.66% compared to the Sensex's 1.19%, the high valuation ratios indicate that T N Steel Tubes is not justified at its current price level.

How has been the historical performance of T N Steel Tubes?

T N Steel Tubes has shown fluctuating historical performance, with net sales increasing slightly to 73.86 Cr in March 2025 but declining from 92.06 Cr in March 2023. While operating profit improved, profit after tax decreased, indicating mixed results in operational efficiency and profitability.

Answer:<BR>The historical performance of T N Steel Tubes shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>T N Steel Tubes reported net sales of 73.86 Cr in March 2025, a slight increase from 71.50 Cr in March 2024, but a decline from 92.06 Cr in March 2023. The total operating income followed a similar pattern, reaching 73.86 Cr in March 2025, compared to 71.50 Cr in the previous year and 92.06 Cr in March 2023. Raw material costs increased to 67.71 Cr in March 2025 from 65.10 Cr in March 2024, while total expenditure also rose to 72.91 Cr from 70.98 Cr. Operating profit, excluding other income, improved to 0.95 Cr in March 2025 from 0.52 Cr in March 2024, although it was lower than the 1.18 Cr recorded in March 2022. Profit before tax showed a modest increase to 0.13 Cr in March 2025 from 0.09 Cr in March 2024, while profit after tax decreased to 0.10 Cr from 0.28 Cr in the previous year. The company's total assets grew to 36.62 Cr in March 2025 from 31.71 Cr in March 2024, and total liabilities also increased to 36.62 Cr from 31.71 Cr. The cash flow from financing activities was positive at 1.00 Cr in March 2025, contributing to a net cash inflow of 1.00 Cr. Overall, T N Steel Tubes has experienced a mixed performance with some improvements in operational efficiency but challenges in profitability and sales compared to previous years.

What is the technical trend for T N Steel Tubes?

As of June 5, 2025, T N Steel Tubes exhibits a mildly bearish trend, supported by bearish weekly and daily MACD, moving averages, and other indicators.

As of 5 June 2025, the technical trend for T N Steel Tubes has changed from bearish to mildly bearish. The weekly MACD remains bearish, while the monthly MACD is mildly bearish, indicating a lack of strong upward momentum. The daily moving averages are bearish, further supporting the overall bearish sentiment. The Bollinger Bands and KST both show mildly bearish trends on both weekly and monthly time frames. The Dow Theory and OBV also reflect a mildly bearish stance. Overall, the current technical stance is mildly bearish, with key indicators such as the MACD and moving averages driving this assessment.

Who are the top shareholders of the T N Steel Tubes?

The top shareholders of T N Steel Tubes include promoter Seema Goyal with 4.91% and public shareholder Kareetam Traders Ltd with 19.61%. Individual investors collectively own 63.25%, with no pledged promoter holdings or shares held by mutual funds or foreign institutional investors.

The top shareholders of T N Steel Tubes include Seema Goyal, who is the promoter with the highest holding at 4.91%. Additionally, Kareetam Traders Ltd holds a significant stake as the highest public shareholder with 19.61%. Individual investors collectively own 63.25% of the company. Notably, there are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors holding shares.

Has T N Steel Tubes declared dividend?

No Dividend History Available