MarketFriction

Shree Marutinandan Tubes Ltd

BSE 544083 · Iron & Steel Products
₹44.85 -1.97%
BSE close2026-10-01
Market cap₹16.4 Cr.
P/E4.53

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales23434954607871
Expenses20414753577667
Operating Profit2221324
OPM %10%5%3.8%1.8%4.6%1.9%6%
Other Income0000100
Interest0000101
Depreciation0000000
Profit before tax2221313
Tax %45%26%28%22%26%26%24%
Net Profit1111213
EPS in Rs49.765.773.412.056.043.017.34
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales2936474792114149
Expenses2935464488110143
Operating Profit-0114446
OPM %-0.2%1.8%1.6%7%4.5%3.3%4.3%
Other Income1000010
Interest0111111
Depreciation0000001
Profit before tax0003445
Tax %36%39%54%31%26%25%24%
Net Profit0002334
EPS in Rs4.886.342.9390.247.608.0910.35
Dividend Payout %0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%33%47%31%
Compounded Profit Growth%94%25%27%
Stock Price CAGR%%%-53%
Return on Equity%17%15%12%
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.210.210.210.21333
Reserves0003161834
Borrowings4867684
Other Liabilities556683223
Total Liabilities10131316336166
Fixed Assets0000012
CWIP0000006
Investments0000000
Other Assets10131216326057
Total Assets10131316336166
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-33-0-8-43
Cash from Investing Activity-0-0-0-0-0-8
Cash from Financing Activity3-201138
Net Cash Flow-00-02-22
Free Cash Flow-32-0-8-5-6
CFO/OP-433%345%11%-180%-94%57%
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days100824569744377
Inventory Days19163654318745
Days Payable604543442710453
Cash Conversion Cycle59533779782669
Working Capital Days22352035636564
ROCE %14%10%40%24%18%17%
Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Promoters58.30%58.30%58.30%58.30%58.30%
Public41.70%41.71%41.71%41.69%41.70%
No. of Shareholders487662668635598

Fundamentals

Market Cap₹ 16.4 Cr.
Current Price₹ 47.2
Stock P/E4.53
Book Value₹ 109
ROCE16.9 %
ROE12.1 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)31%
Compounded Profit Growth (TTM)27%
Standalone figures.
Valuation
Market capRs 16 Cr
Enterprise valueRs 23 Cr
P/E (TTM)8.39x
Price to book5.50x
Price to sales0.33x
EV / EBITDA6.35x
EV / EBIT6.61x
EV / sales0.48x
Earnings yield11.92%
Profitability
Operating margin (excl. other income)7.45%
Operating margin (incl. other income)7.57%
EBITDA margin7.57%
Pre-tax margin5.73%
Net profit margin3.93%
ROE106.32%
ROCE40.14%
ROA12.76%
ROE, 3-year average46.22%
ROCE, 3-year average21.51%
ROA, 3-year average4.79%
ROIC (approx.)23.55%
Tax rate31.48%
Other income / net worth2.13%
Growth
Sales growth (latest year)-0.02%
Profit growth (latest year)2983.33%
Sales CAGR, 3 years17.44%
Profit CAGR, 3 years164.48%
Per share
EPS (TTM)Rs 5.35
EPS (latest year)Rs 90.24
EPS, 3-year averageRs 33.17
Book value per shareRs 8.15
Sales per shareRs 136.20
Cash flow per shareRs -1.36
Free cash flow per shareRs -17.34
Efficiency
Asset turnover2.92x
Fixed asset turnover162.52x
Inventory turnover6.74x
Inventory days54 days
Debtor days69 days
Debtors turnover5.32x
Creditor days53 days
Cash conversion cycle69 days
Working capital days64 days
Leverage
Total debtRs 7 Cr
Cash and bankRs 0 Cr
Net debtRs 7 Cr
Debt to equity2.55x
Net debt / EBITDA2.01x
Interest coverage4.70x
Owners' fund to total sources17.46%
Debt to assets44.52%
Cash flow
Cash from Operating Activity (latest year)Rs -0 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs 0 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -6 Cr
FCFE (approx.: FCF + change in debt)Rs -5 Cr
Cash from ops / profit, 5 years-0.50x
Statement figures
Net sales (TTM)Rs 47 Cr
Net sales (latest year)Rs 47 Cr
Operating profit excl. other income (latest year)Rs 4 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 4 Cr
PBDT (TTM)Rs 3 Cr
Profit before tax (TTM)Rs 3 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 2 Cr
Net profit (latest year)Rs 2 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 43 Cr
Total expenditure (latest year)Rs 44 Cr
Total income (latest year)Rs 47 Cr
Share capitalRs 0 Cr
ReservesRs 3 Cr
Shareholders' fundsRs 3 Cr
Total assetsRs 16 Cr
Net blockRs 0 Cr
ReceivablesRs 9 Cr
InventoryRs 6 Cr
Other liabilitiesRs 6 Cr
Shares outstanding (crore)0.35
Ownership
Promoter holding58.30% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 5.50 is the lowest in 2.8 years (median 53.11).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period544083Nifty 50Difference
1 week-0.4%-2.8% +2.4 pts
1 month+5.5%-6.8% +12.3 pts
3 months-22.9%-7.6% -15.3 pts

Red flags

F-score 5 of 8
explainWeak cash conversion Cash from operations was -25% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 14% of total assets in 2026
explainReceivables outrunning sales Receivables grew 54% vs sales -0% in 2026
lookInventory outrunning sales Inventory grew 44% vs sales -0% in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Mar 2026
Sales ₹71 Cr +44.9% vs Mar 2024. Net profit ₹3 Cr +200.0%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Shree Marutinandan Tubes Ltd?

Shree Marutinandan Tubes Ltd (544083) has a market capitalisation of Rs 16.4 Cr. at the 2026-10-01 close.

What is the P/E ratio of Shree Marutinandan Tubes Ltd?

Shree Marutinandan Tubes Ltd trades at a P/E of 4.53 on trailing twelve-month profit, at the 2026-10-01 close.

What were Shree Marutinandan Tubes Ltd's latest quarterly results?

In the Mar 2026 quarter, Shree Marutinandan Tubes Ltd sales was Rs 71 Cr (+44.9% vs Mar 2024) and net profit was Rs 3 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03