As of 6 Nov 2026, Scoda Tubes trades at 18.1× trailing earnings, below the industry P/E of 19.9×, and the shares are 38% below their 52-week high. Sales and net profit grew 19% and 55% a year over 3 years, with ROCE of 17% and ROE of 14%. Debt is 0.48× equity. It is a small-cap company with a market cap of ₹677 Cr, ranked 70th of 150 Steel companies by market cap; the shares fell 31% over the past year.
- ₹110.00
- ₹115.40
- ₹107.96
- ₹110.21
- 1.8 L
Health check
- ReturnsBehind
−31.5% over a year, better than 0 of 7 peers.
- Price tagIn line
P/E 18.1 vs industry 19.9.
- GrowthStrong
Sales +19.3%, profit +55.5% a year over 3 years.
- ProfitabilityAverage
ROCE 17.1% vs peer median 18.7%.
- Balance sheetFair
Debt 0.48× equity, interest covered 3.4×, Piotroski 4 of 9.
- Red flags2 to check
Quarterly profit down 25.9% on a year ago.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹677 Cr
- Small cap
- P/E
- 18.1
- Industry 19.9
- Price to book
- 1.79
- Peers 2.28
- Dividend yield
- 0.00%
- ROE
- 14.4%
- Peers 23.4%
- ROCE
- 17.1%
- Peers 18.7%
- Debt to equity
- 0.48
- Debt ₹187 Cr
- EPS (TTM)
- ₹6.23
- Face value ₹10
- OPM (TTM)
- 14.3%
- Net margin 6.8%
- Sales growth
- +27.6%
- Latest quarter vs a year ago
- Profit growth
- −25.9%
- Latest quarter vs a year ago
- Price to sales
- 1.24
- EV/EBITDA 10.7
Strengths and risks
Strengths
- Quarterly sales up 27.6% on a year ago.
Risks to check
- Quarterly profit down 25.9% on a year ago.
- 38% below its 52-week high.
About Scoda Tubes
Scoda Tubes Limited manufactures and sells stainless steel pipes and tubes in India and internationally. The company provides stainless steel and welded pipes, tubes, u tubes, carbon steel tubes, brazed double walled stainless steel pipes and tubes, and brazed double walled copper coated tubes and tubes. The company serves oil, fertilizer, gas, power, pharmaceuticals, automotive, railways, and transportation industries. Scoda Tubes Limited was…
- Headquarters
- Mehsana
- Employees
- 161
- Sector
- Basic Materials
- ISIN
- INE090501011
- Website
- scodatubes.com
Price range
- Avg volume (3M)
- 2.4 L
- 1-year return
- minus 31.5%
- From 52-week high
- minus 37.8%
Peers · Steel
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| JSWSTEELJSW Steel | 1,357.10 | plus 0.11% | 3,31,265 | 11.7 | 12.2 | 18.7% | 17.7% | 0.62 | 3.6% | plus 14.7% |
| TATASTEELTata Steel | 186.30 | plus 2.36% | 2,32,397 | 21.1 | 9.1 | 11.3% | 15.2% | 0.89 | −1.6% | plus 1.5% |
| JINDALSTELJindal Steel | 1,165.00 | plus 1.31% | 1,18,594 | 41.5 | 14.9 | 7.5% | 15.9% | 0.42 | −13.1% | plus 6.4% |
| LLOYDSMELloyds Metals And Energy | 1,785.50 | minus 1.38% | 1,00,482 | 19.1 | 18.8 | 19.4% | 37.4% | 1.23 | 71.3% | plus 37.4% |
| SAILSteel Authority of India | 171.60 | minus 0.41% | 70,880 | 12.6 | 8.1 | 7.2% | 12.9% | 0.50 | 2.0% | plus 24.7% |
| NMDCNMDC | 70.40 | minus 0.01% | 61,894 | 8.3 | 6.2 | 28.4% | 30.0% | 0.19 | 22.0% | minus 5.2% |
| APLAPOLLOAPL Apollo Tubes | 2,185.30 | minus 0.41% | 60,677 | 46.3 | 32.7 | 28.0% | 8.2% | 0.17 | 12.6% | plus 23.3% |
| SCODATUBESScoda Tubes | 112.93 | plus 2.47% | 677 | 18.1 | 11.0 | 17.1% | 14.3% | 0.48 | 19.3% | minus 31.5% |
| Median of 7 peers | – | −0.01% | 1,00,482 | 19.1 | 12.2 | 18.7% | 15.9% | 0.50 | 3.6% | 14.7% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 97.4 | 145 | 152 | 124 | 124 | |
| 83.2 | 123 | 129 | 107 | 108 | |
| 14.2 | 22.3 | 23 | 16.7 | 16 | |
| 14.6% | 15.4% | 15.1% | 13.5% | 12.9% | |
| 1.8 | 3.7 | 0.7 | 4.4 | 1.6 | |
| 5.1 | 5.5 | 6.1 | 8.1 | 6.5 | |
| 1.6 | 1.7 | 2.3 | 3.6 | 4.1 | |
| 9.3 | 18.8 | 15.3 | 9.4 | 7 | |
| 23.6% | 25.6% | 25.2% | 32.5% | 25.0% | |
| 7.1 | 14 | 11.5 | 6.3 | 5.3 | |
| 1.44 | 2.42 | 1.91 | 1.02 | 0.88 |
Profit & loss
- Sales CAGR 3Y
- +19.3%
- Profit CAGR 3Y
- +55.5%
- EPS CAGR 3Y
- +57.9%
- ROE
- 14.4%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 305 | 400 | 485 | 519 | |
| – | +31.0% | +21.3% | +7.0% | |
| 270 | 341 | 407 | 441 | |
| 35.1 | 58.8 | 78.1 | 78.1 | |
| 11.5% | 14.7% | 16.1% | 15.1% | |
| 2 | 1.4 | 2.4 | 7.8 | |
| 10.9 | 17.9 | 20.4 | 22.1 | |
| 11.5 | 16.4 | 18.1 | 9.2 | |
| −0.4 | – | – | −1.8 | |
| 14.4 | 25.9 | 41.9 | 52.7 | |
| 28.1% | 29.4% | 24.2% | 26.3% | |
| 10.3 | 18.3 | 31.7 | 38.8 | |
| – | +77.1% | +73.4% | +22.4% | |
| 1.73 | 3.05 | 5.30 | 6.79 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1.3 | 1.3 | 44.2 | 59.9 | |
| 44 | 62.3 | 106 | 330 | |
| 140 | 203 | 211 | 187 | |
| 53.3 | 63.8 | 85.4 | 110 | |
| 238 | 330 | 446 | 688 | |
| 67.8 | 97.1 | 129 | 236 | |
| 5.8 | 15.6 | 48 | 50.6 | |
| 4.4 | 5.6 | 6 | 5.7 | |
| 0 | 0 | 3.2 | 4.1 | |
| 160 | 212 | 260 | 392 | |
| 238 | 330 | 446 | 688 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 20.3 | 2.3 | 28.3 | −13.8 | |
| −38.5 | −46.6 | −53.9 | −150 | |
| 17.9 | 44.3 | 40.6 | 153 | |
| −0.2 | −0 | 15.1 | −11 | |
| −28.5 | −35.9 | −49.9 | −116 | |
| −8.1 | −33.6 | −21.6 | −130 |
Shareholding pattern
- Promoters66.43%
- Public33.57%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 66.43% | 33.57% | 0.00 | |
| 30 Jun 2026 | 66.43% | 33.57% | 0.00 | |
| 31 Mar 2026 | 66.43% | 33.57% | 0.00 | |
| 31 Dec 2025 | 66.43% | 33.57% | 0.00 | |
| 30 Sep 2025 | 66.43% | 33.57% | – |
Major shareholders
Filings & events
News
No recent news coverage found.