Shree Marutinandan Tubes Ltd

Shree Marutinandan Tubes Ltd

₹ 78.8 5.00%
24 Apr - close price
About

Incorporated in 2013, Shree Marutinandan
Tubes Ltd does trading of pipes, tubes,
and machineries[1]

Key Points

Business Overview:[1]
SMTL is in the business of trading of Galvanized Pipe, Electric Resistance Welding Mild Steel (ERWMS) Pipes (round pipes, square and rectangular hollow sections) in various specifications and sizes ranging from 15NB to 1000 NB and also in trading of Black Pipes and Solar Structural Pipes. Company has independent sales and distribution networks for its products. A majority of its steel pipes are sold to wholesalers and distributors in the domestic markets. It generally procures Steel Pipes in large volumes to stock and facilitate on time delivery of products to their customers

  • Market Cap 27.2 Cr.
  • Current Price 78.8
  • High / Low 314 / 75.0
  • Stock P/E 14.6
  • Book Value 57.4
  • Dividend Yield 0.00 %
  • ROCE 23.7 %
  • ROE 23.7 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 33.8%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Trading Industry: Trading

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Half Yearly Results

Figures in Rs. Crores

Mar 2023 Sep 2023 Mar 2024 Sep 2024
23 43 49 54
20 41 47 53
Operating Profit 2 2 2 1
OPM % 10% 5% 4% 2%
0 0 0 0
Interest 0 0 0 0
Depreciation 0 0 0 0
Profit before tax 2 2 2 1
Tax % 45% 26% 28% 22%
1 1 1 1
EPS in Rs 49.76 5.77 3.41 2.05
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
29 36 47 47 92 103
29 35 46 44 88 100
Operating Profit -0 1 1 4 4 3
OPM % -0% 2% 2% 7% 4% 3%
1 0 0 0 0 0
Interest 0 1 1 1 1 1
Depreciation 0 0 0 0 0 0
Profit before tax 0 0 0 3 4 3
Tax % 36% 39% 54% 31% 26%
0 0 0 2 3 2
EPS in Rs 4.88 6.34 2.93 90.24 7.60 5.46
Dividend Payout % 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 37%
TTM: 57%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 171%
TTM: -23%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -69%
Return on Equity
10 Years: %
5 Years: %
3 Years: 34%
Last Year: 24%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.21 0.21 0.21 0.21 3 3
Reserves 0 0 0 3 16 16
4 8 6 7 6 5
5 5 6 6 8 10
Total Liabilities 10 13 13 16 33 36
0 0 0 0 0 1
CWIP 0 0 0 0 0 0
Investments 0 0 0 0 0 0
10 13 12 16 32 35
Total Assets 10 13 13 16 33 36

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-3 3 -0 -7
-0 -0 -0 -0
3 -2 0 9
Net Cash Flow -0 0 -0 2

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 100 82 45 69 74
Inventory Days 19 16 36 54 31
Days Payable 60 45 43 44 27
Cash Conversion Cycle 59 53 37 79 78
Working Capital Days 58 84 49 75 80
ROCE % 14% 10% 40% 24%

Shareholding Pattern

Numbers in percentages

Mar 2024Sep 2024Mar 2025
58.30% 58.30% 58.30%
41.70% 41.71% 41.71%
No. of Shareholders 487662668

Documents