Surani Steel Tubes Ltd (SURANI) — shareholding pattern, promoter holding, financials and share price
About Surani Steel Tubes Ltd (SURANI)
Surani Steel Tubes Ltd operates in the Iron & Steel Products industry, within the Capital Goods sector. It trades on the NSE as SURANI and on the BSE under scrip code 535154. Its ISIN is INE01ZJ01015.
Incorporated in 2012, Surani Steels Tubes Ltd does manufacturing and supplying of Mild Steel Pipes, Mild Steel Hollow Section, Mild Steel Coils, etc. [1]
Surani Steel Tubes Limited is a key player in manufacturing Electric Resistance Welding Mild Steel (ERW MS) pipes. The company offers a wide range of pipe specifications, known for their quality, validated by multiple standard certifications.
Operating from Gujarat, Surani Steel uses advanced technology including UT and Hydro testing machines to ensure high-quality output from raw materials to finished goods.
Listed peers in Iron & Steel Products: Rudra Global Infra Products Ltd, Shri Bajrang Alliance Ltd, Incredible Industries Ltd, Bansal Roofing Products Ltd, Kanishk Steel Industries Ltd, Kritika Wires Ltd.
Valuation & Returns
10 Jul 2026At ₹104 a share on 10 Jul 2026, Surani Steel Tubes Ltd (SURANI) was valued at a price-to-earnings ratio of 79.26x against an industry P/E of 37x and a price-to-book of 1.31x on a book value of ₹79.69 per share. Solomo computes return on equity of 0.58% and return on capital employed of 0.87% from filed results.
- P/E
- 79.26x
- Industry P/E
- 37x
- P/B
- 1.31x
- EPS (TTM)
- ₹0.38
- Book value / share
- ₹79.69
- ROE
- 0.58%
- ROCE
- 0.87%
- ROA
- 0.81%
- Debt / equity
- 0x
- Dividend yield
- 0%
- EBITDA margin
- 4.25%
- 52-week range
- ₹47.3 – ₹143.6
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Surani Steel Tubes Ltd (SURANI) reported revenue of ₹92.28 crore, net profit of ₹2.05 crore and earnings per share of ₹1.32. That compares with revenue of ₹225 crore and net profit of ₹0.49 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹41.34 crore and net profit ₹-0.07 crore (consolidated).
| Metric | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Revenue (₹ cr) | 155.14 | 225 | 92.28 |
| Net profit (₹ cr) | 0.5 | 0.49 | 2.05 |
| EPS (₹) | 0.47 | 0.32 | 1.32 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 12.65% | 18.11% | 18.06% | 45.03% |
| Profit growth | -11.32% | - | -36.02% | -2.00% |
| Stock price CAGR | - | 27% | -21% | -17% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 30.84% of Surani Steel Tubes Ltd (SURANI) (unchanged from the previous quarter). Market capitalisation was ₹162 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2019.
Largest disclosed public shareholders in Jun 2026: Rahul Bansal 6.63%, Kiran Bala Gupta 2.59%, Darshana Devi 2.33%, Himank Gupta . 2.12%, Love Bansal HUF 1.93%, Sanjeev Kumar 1.58%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 30.84% | - | - | - | - |
| Mar 2026 | 30.84% | - | - | - | - |
| Dec 2025 | 30.84% | - | - | - | - |
| Sep 2025 | 30.84% | - | - | - | - |
| Jun 2025 | 30.84% | - | - | - | - |
| Mar 2025 | 30.84% | - | - | - | - |
| Dec 2024 | 31.02% | - | - | - | - |
| Sep 2024 | 38.4% | - | - | - | - |