Surani Steel Tubes Ltd

NSE : SURANI

BSE: 535154

SECTOR : STEEL

This stock is currently not listed in BSE

52w high/low	₹46.65 / ₹17.35
P/E ratio	527.5
Dividend	0
ROE	2.92
ROCE	3.05
Face value	10
Book value	₹63.84Cr
Market capital	₹262.57Cr

Shareholding pattern

What is shareholding pattern? Who are shareholders?

Shareholding pattern represents the percentage of share ownership that different investors are holding in the company. A company can have multiple investors who invest in its shares. These are called as shareholders and there are two major categories of shareholders - promoters and public shareholders.

Promoters are typically the founders and public shareholders could be financial institutes like banks, insurance companies, domestic institutional investors, foreign institutional investors and common public.

Cash flow

What is a cash flow statement?

It is a financial statement that offers aggregate statistics on all cash inflows a business collects from its continuing activities and external sources of investment. It also includes all cash outflows over a specified time paying for company operations and investments.The main components of the CFS are cash from three areas: operating, investing, and financing activities...Read more

Balance Sheet

What is a balance sheet?

A balance sheet is a financial statement that records the assets, liabilities, and equity of a company at a certain point in time and provides a basis for estimating return rates and determining the capital structure. It offers a snapshot of what an entity owns and owes, as well as the sum that shareholders spend.The balance sheet complies with the following accounting equation in which assets on the one side, and liabilities plus shareholders' equity on the other, balance out:

Assets = Liabilities + Shareholder's Equity

This is used to conduct fundamental analysis or the estimation of financial ratios alongside other essential financial statements, such as income statement and statement of cash flows...Read more

Profit and loss

What is a profit and loss statement?

A profit and loss statement is a financial statement that represents the revenues, costs and expenses that the company has incurred during a quater or a fiscal year. It is also sometimes referred to as statement of profit and loss, income statement or statement of operations. This statement basically shows the investors and management whether the company has incurred profits or losses and in which areas.

Key Ratios

PE TTM

527.5

P/B

3.31

ROE

2.92

ROCE

3.05

EPS TTM

0.4

EBTIDA Growth

112.5

Sector PE

20.29

₹63.84Cr

Peer Comparison

Dividends

What are dividends?

Dividend, in financial terms, means a certain amount shared with shareholders of a company or a mutual fund on a regular basis – monthly, quarterly or annually. Read more

Bonuses

What are bonuses?

A bonus issue is an offer given to the existing shareholders of the company to subscribe for additional shares. Instead of increasing the dividend payout, the companies off... Read more

Company News

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Sector News

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About Surani Steel Tubes Ltd

Surani Steel Tubes Limited was originally incorporated as a private limited company with the name 'Surani Steel Private Limited' on July 31, 2012. Further, in order to align with the business of the Company, the name of the Company was changed to 'Surani Steel Tubes Private Limited' on August 13, 2018. Subsequently, the Company was converted into a Public Limited Company pursuant to shareholders resolution passed at Extraordinary General Meeting of the Company held on August 29, 2018 and the name of the Company was changed to Surani Steel Tubes Limited on September 12, 2018. Mukesh Patel and Dinesh Patel were the initial subscribers to the Company. The Current Promoters of the Company are Mukesh Patel, Dinesh Patel, Karshan Patel, Prakash Patel, Mani Patel, Prakash Karsanbkai Patel HUF and Karsanbhai Devjibhai Patel HUF. Surani Steel, the venture of Vinayak Group, is engaged in the business of manufacturing of Electric Resistance Welding Mild Steel ('ERW MS') Pipes (round pipes, square and rectangular hollow Sections) in various specifications, sizes ranging from 20NB to 100NB and also in the trading of Hot Rolled Coil ('HR Coil') and HR slit coils. These Products have wide applications in varied industries like Architectural, Infrastructural, Industrial and Engineering Industry. The Company is an ISO 9001: 2015 certified company for manufacturing and Supply of ERW pipes.