Tamilnadu Steel Tubes Ltd (TNSTLTU) — shareholding pattern, promoter holding, financials and share price
About Tamilnadu Steel Tubes Ltd (TNSTLTU)
Tamilnadu Steel Tubes Ltd operates in the Iron & Steel Products industry, within the Capital Goods sector. It trades on the NSE as TNSTLTU and on the BSE under scrip code 513540. Its ISIN is INE176E01012.
Incorporated in 1979, Tamil Nadu Steel Tubes Ltd manufactures and sells Black Pipe (ERW Pipe) & G.I. Pipe [1]
Tamil Nadu Steel Tubes Limited (TNT) is a leading Indian manufacturer specializing in steel tubes and pipes, primarily electric resistance welded black and galvanized pipes.
Despite facing financial difficulties as a sick company in 1999-2000, TNT leveraged strategic measures to recover and continue its operations in steel tube manufacturing.
Listed peers in Iron & Steel Products: Trans Freight Containers Ltd, Hariyana Ventures Ltd, Eastcoast Steel Ltd, Monind Ltd, Shree Steel Wire Ropes Ltd, Castora Agri Commodities Ltd.
Valuation & Returns
At ₹22 a share, Tamilnadu Steel Tubes Ltd (TNSTLTU) was valued at a price-to-earnings ratio of 187.83x against an industry P/E of 37x and a price-to-book of 1.14x on a book value of ₹19.35 per share. Solomo computes return on equity of 0.58% and return on capital employed of 3.04% from filed results.
- P/E
- 187.83x
- Industry P/E
- 37x
- P/B
- 1.14x
- EPS (TTM)
- ₹0.11
- Book value / share
- ₹19.35
- ROE
- 0.58%
- ROCE
- 3.04%
- ROA
- 0.16%
- Debt / equity
- 1.04x
- Dividend yield
- 0%
- EBITDA margin
- 1.62%
- 52-week range
- ₹15.55 – ₹45.71
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Tamilnadu Steel Tubes Ltd (TNSTLTU) reported revenue of ₹91.86 crore, net profit of ₹0.06 crore and earnings per share of ₹0.12. That compares with revenue of ₹73.86 crore and net profit of ₹0.1 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹25.67 crore and net profit ₹-0.04 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 77.35 | 92.06 | 71.5 | 73.86 | 91.86 |
| Net profit (₹ cr) | 0.52 | 0.57 | 0.28 | 0.1 | 0.06 |
| EPS (₹) | 1.01 | 1.11 | 0.55 | 0.2 | 0.12 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | -1.39% | 7.75% | -1.53% | 3.30% |
| Profit growth | -30.19% | - | -42.40% | -64.29% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 13.61% of Tamilnadu Steel Tubes Ltd (TNSTLTU) (unchanged from the previous quarter) and domestic institutional investors (DII) hold 1.38%. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Dec 2001.
Largest disclosed public shareholders in Jun 2026: KAREETAM TRADERS LTD 19.61%, SAATVIK GOYAL 12.5%, DURGA DEVI GOYAL 1.82%, BANK OF INDIA 1.38%, P R SHANKAR HUF . 1.34%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 13.61% | - | - | 1.38% | 86.39% |
| Mar 2026 | 13.61% | - | - | 1.38% | 86.39% |
| Dec 2025 | 13.61% | - | - | 1.38% | 86.39% |
| Sep 2025 | 13.61% | - | - | 1.38% | 86.39% |
| Jun 2025 | 13.61% | - | - | 1.38% | 86.39% |
| Mar 2025 | 13.61% | - | - | 1.38% | 86.39% |
| Dec 2024 | 13.61% | - | - | 1.38% | 86.39% |
| Sep 2024 | 13.61% | - | - | 1.38% | 86.39% |