Surani Steel Tubes Past Earnings Performance
Past criteria checks 2/6
Surani Steel Tubes has been growing earnings at an average annual rate of 22.9%, while the Metals and Mining industry saw earnings growing at 27.5% annually. Revenues have been growing at an average rate of 7.9% per year. Surani Steel Tubes's return on equity is 2.1%, and it has net margins of 1.3%.
Key information
22.9%
Earnings growth rate
22.9%
EPS growth rate
| Metals and Mining Industry Growth | 25.9% |
| Revenue growth rate | 7.9% |
| Return on equity | 2.1% |
| Net Margin | 1.3% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
After Leaping 36% Surani Steel Tubes Limited (NSE:SURANI) Shares Are Not Flying Under The Radar
Mar 03
Market Participants Recognise Surani Steel Tubes Limited's (NSE:SURANI) Revenues Pushing Shares 30% Higher
Jan 18Little Excitement Around Surani Steel Tubes Limited's (NSE:SURANI) Earnings As Shares Take 26% Pounding
Jun 17We Think Surani Steel Tubes (NSE:SURANI) Can Stay On Top Of Its Debt
Dec 28Revenue & Expenses BreakdownBeta
How Surani Steel Tubes makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 23 | 1,293 | 16 | 15 | 0 |
| 30 Jun 23 | 1,265 | -1 | 16 | 0 |
| 31 Mar 23 | 1,236 | -18 | 16 | 0 |
| 31 Dec 22 | 1,245 | -32 | 17 | 0 |
| 30 Sep 22 | 1,255 | -47 | 18 | 0 |
| 30 Jun 22 | 1,311 | -14 | 18 | 0 |
| 31 Mar 22 | 1,368 | 19 | 19 | 0 |
| 31 Dec 21 | 1,353 | 41 | 18 | 0 |
| 30 Sep 21 | 1,339 | 63 | 18 | 0 |
| 30 Jun 21 | 1,202 | 51 | 17 | 0 |
| 31 Mar 21 | 1,066 | 39 | 16 | 0 |
| 31 Dec 20 | 982 | 19 | 18 | 0 |
| 30 Sep 20 | 901 | -2 | 19 | 0 |
| 30 Jun 20 | 940 | -26 | 20 | 0 |
| 31 Mar 20 | 979 | -50 | 22 | 0 |
| 31 Dec 19 | 953 | -54 | 19 | 0 |
| 30 Sep 19 | 926 | -59 | 16 | 0 |
| 30 Jun 19 | 928 | -30 | 14 | 0 |
| 31 Mar 19 | 930 | -1 | 12 | 0 |
| 31 Mar 18 | 1,008 | 18 | 15 | 0 |
| 31 Mar 17 | 767 | 10 | 17 | 0 |
| 31 Mar 16 | 684 | 11 | 14 | 0 |
| 31 Mar 15 | 581 | 2 | 9 | 0 |
| 31 Mar 14 | 360 | 0 | 5 | 0 |
Quality Earnings: SURANI has a high level of non-cash earnings.
Growing Profit Margin: SURANI became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SURANI has become profitable over the past 5 years, growing earnings by 22.9% per year.
Accelerating Growth: SURANI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SURANI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (23.8%).
Return on Equity
High ROE: SURANI's Return on Equity (2.1%) is considered low.