Surani Steel Tub Share Price & Earnings Call Analysis

Financials of Surani Steel Tub

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Surani Steel Tub

Quarterly Results

Quarter-by-quarter operating performance

Mar 2025Mar 2026
Sales +114.2141.34
Expenses +113.6642.20
Operating Profit0.55-0.86
OPM %0.48%-2.08%
Other Income +-1.221.64
Interest0.02-0.04
Depreciation0.460.44
Profit before tax-1.150.38
Tax %-39.13%118.42%
Net Profit +-0.69-0.07
EPS in Rs-0.44-0.05

Financials of Surani Steel Tub

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +58.1168.3576.53100.7892.9997.89106.58136.75123.60155.14225.0092.28
Expenses +56.1965.0973.0396.6591.8999.4199.38131.99123.25154.74223.6293.89
Operating Profit1.923.263.504.131.10-1.527.204.760.350.401.38-1.61
OPM %3.30%4.77%4.57%4.10%1.18%-1.55%6.76%3.48%0.28%0.26%0.61%-1.74%
Other Income +0.030.030.030.020.020.100.080.060.210.79-0.405.54
Interest1.341.321.361.020.862.011.971.661.120.110.020.00
Depreciation0.340.510.400.390.371.261.271.260.940.480.800.89
Profit before tax0.271.461.772.74-0.11-4.694.041.90-1.500.600.163.04
Tax %37.04%2.74%42.94%35.77%18.18%5.76%3.47%2.11%20.00%18.33%-200.00%32.89%
Net Profit +0.161.431.001.76-0.14-4.963.891.85-1.790.500.492.05
EPS in Rs0.645.724.003.03-0.17-5.994.702.23-2.160.470.321.32
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Financials of Surani Steel Tub

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital2.502.502.505.808.288.288.288.288.2810.6315.5515.55
Reserves0.121.552.195.2015.5010.5414.4416.2914.5077.71106.29108.33
Borrowings +10.5012.2713.3815.3517.3219.6618.2014.9511.3342.3634.570.00
Other Liabilities +2.936.8210.299.414.139.214.5311.777.283.510.77126.70
Total Liabilities16.0523.1428.3635.7645.2347.6945.4551.2941.39134.21157.18250.58
Fixed Assets +4.895.174.764.384.0114.5913.4012.134.6010.3011.8311.03
CWIP0.100.002.286.3211.230.000.000.000.000.130.100.86
Investments0.010.100.100.100.100.130.130.130.130.0017.550.11
Other Assets +11.0517.8721.2224.9629.8932.9731.9239.0336.66123.78127.70238.58
Total Assets16.0523.1428.3635.7645.2347.6945.4551.2941.39134.21157.18250.58

Financials of Surani Steel Tub

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +2.46-0.042.44-0.68-8.33-0.432.404.78-1.65-56.808.87
Cash from Investing Activity +-0.27-0.60-2.26-4.14-4.91-0.59-0.100.036.57-5.44-66.51
Cash from Financing Activity +-1.870.45-0.254.7513.311.03-2.32-4.85-4.6495.9925.19
Net Cash Flow0.31-0.18-0.07-0.060.060.01-0.02-0.040.2833.76-32.45
Free Cash Flow2.27-0.730.18-4.73-13.25-1.032.314.825.29-63.126.57
CFO/OP129%-9%77%-10%-681%28%33%100%-471%-14,125%666%

Financials of Surani Steel Tub

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days30.2829.8538.2022.3824.4921.5124.3513.4339.283.0644.0911.87
Inventory Days34.8162.6359.5365.8982.3288.2782.8676.5352.94153.5952.71587.89
Days Payable14.1431.9743.8930.2813.8331.1311.9617.4716.695.530.60513.02
Cash Conversion Cycle50.9560.5153.8457.9992.9978.6595.2672.4975.53151.1296.2086.74
Working Capital Days18.2223.4414.5912.7847.9325.8840.1034.1152.48102.53142.30375.44
ROCE %12.16%18.89%18.20%16.93%2.22%-6.74%15.14%8.80%-1.36%0.86%1.91%0.76%

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