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Surani Steel Tubes NSEI:SURANI Stock Report

Last Price

₹190.00

Market Cap

₹1.6b

7D

0%

1Y

-52.6%

Updated

19 Jan, 2025

Data

Company Financials

Surani Steel Tubes Limited

NSEI:SURANI Stock Report

Market Cap: ₹1.6b

SURANI Stock Overview

Engages in the manufacture and supply of ERW mild steel (MS) pipes and steel tubes in India. More details

SURANI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Surani Steel Tubes Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Surani Steel Tubes
Historical stock prices
Current Share Price₹190.00
52 Week High₹734.60
52 Week Low₹140.00
Beta0.81
1 Month Change-4.16%
3 Month Change-29.86%
1 Year Change-52.57%
3 Year Change332.31%
5 Year Change590.91%
Change since IPO256.81%

Recent News & Updates

Surani Steel Tubes Limited's (NSE:SURANI) 26% Share Price Plunge Could Signal Some Risk

Nov 09
Surani Steel Tubes Limited's (NSE:SURANI) 26% Share Price Plunge Could Signal Some Risk

Some Surani Steel Tubes Limited (NSE:SURANI) Shareholders Look For Exit As Shares Take 26% Pounding

Aug 15
Some Surani Steel Tubes Limited (NSE:SURANI) Shareholders Look For Exit As Shares Take 26% Pounding

Recent updates

Surani Steel Tubes Limited's (NSE:SURANI) 26% Share Price Plunge Could Signal Some Risk

Nov 09
Surani Steel Tubes Limited's (NSE:SURANI) 26% Share Price Plunge Could Signal Some Risk

Some Surani Steel Tubes Limited (NSE:SURANI) Shareholders Look For Exit As Shares Take 26% Pounding

Aug 15
Some Surani Steel Tubes Limited (NSE:SURANI) Shareholders Look For Exit As Shares Take 26% Pounding

We Think Surani Steel Tubes (NSE:SURANI) Has A Fair Chunk Of Debt

Jun 25
We Think Surani Steel Tubes (NSE:SURANI) Has A Fair Chunk Of Debt

After Leaping 36% Surani Steel Tubes Limited (NSE:SURANI) Shares Are Not Flying Under The Radar

Mar 03
After Leaping 36% Surani Steel Tubes Limited (NSE:SURANI) Shares Are Not Flying Under The Radar

Market Participants Recognise Surani Steel Tubes Limited's (NSE:SURANI) Revenues Pushing Shares 30% Higher

Jan 18
Market Participants Recognise Surani Steel Tubes Limited's (NSE:SURANI) Revenues Pushing Shares 30% Higher

Little Excitement Around Surani Steel Tubes Limited's (NSE:SURANI) Earnings As Shares Take 26% Pounding

Jun 17
Little Excitement Around Surani Steel Tubes Limited's (NSE:SURANI) Earnings As Shares Take 26% Pounding

We Think Surani Steel Tubes (NSE:SURANI) Can Stay On Top Of Its Debt

Dec 28
We Think Surani Steel Tubes (NSE:SURANI) Can Stay On Top Of Its Debt

Shareholder Returns

SURANIIN Metals and MiningIN Market
7D0%2.2%-0.3%
1Y-52.6%18.4%10.6%

Return vs Industry: SURANI underperformed the Indian Metals and Mining industry which returned 18.4% over the past year.

Return vs Market: SURANI underperformed the Indian Market which returned 10.6% over the past year.

Price Volatility

Is SURANI's price volatile compared to industry and market?
SURANI volatility
SURANI Average Weekly Movement9.3%
Metals and Mining Industry Average Movement6.1%
Market Average Movement6.3%
10% most volatile stocks in IN Market9.1%
10% least volatile stocks in IN Market4.2%

Stable Share Price: SURANI's share price has been volatile over the past 3 months compared to the Indian market.

Volatility Over Time: SURANI's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
201264Vijay Singlawww.suranisteel.com

Surani Steel Tubes Limited engages in the manufacture and supply of ERW mild steel (MS) pipes and steel tubes in India. Its products portfolio includes square and rectangle hollow sections for use in plumbing, water supply systems, and oil and gas transmission systems; ERW round pipes and tubes for use in irrigation, sewage systems, and boilers, as well as oil, water, and gas transmission systems; MS slit coils and strips for use in agriculture, constructional, medical, and various other engineering industries; and hot rolled MS coils for heavy duty industries. The company was incorporated in 2012 and is based in Gandhinagar, India.

Surani Steel Tubes Limited Fundamentals Summary

How do Surani Steel Tubes's earnings and revenue compare to its market cap?
SURANI fundamental statistics
Market cap₹1.57b
Earnings (TTM)₹29.65m
Revenue (TTM)₹2.01b

53.1x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SURANI income statement (TTM)
Revenue₹2.01b
Cost of Revenue₹1.95b
Gross Profit₹63.71m
Other Expenses₹34.06m
Earnings₹29.65m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.58
Gross Margin3.16%
Net Profit Margin1.47%
Debt/Equity Ratio0%

How did SURANI perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/19 11:20
End of Day Share Price 2025/01/17 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Surani Steel Tubes Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution