Scoda Tubes
- Market cap
- ₹ 651 Cr.
- P/E
- 17.5x
- P/B
- 1.68x
- 52-week range
- 104.93 – 181.48
- ROE
- 14%
- ROCE
- 17%
- Dividend yield
- 0%
- Debt / equity
- 0.48
- Sector
- Industrial Products
- Industry
- Iron & Steel Products
- Listed on
- NSE, BSE
About
Scoda Tubes Limited is an India-based stainless-steel tube and pipe manufacturer. The Company’s products are categorized into seamless tubes/pipes and welded tubes and pipes, under five product lines, such as stainless-steel seamless pipes, stainless-steel seamless tubes, stainless-steel seamless U tubes: stainless-steel instrumentation tubes, and stainless-steel welded tubes and U tubes (Products or Stainless-Steel Products). Its products are used by a diverse range of customers, like engineering companies, engineering, procurement, and construction (EPC) and industrial companies engaged in the oil and gas, chemicals, fertilizers, power, pharmaceuticals, automotive, railways and transportation sectors. In addition, it operates a hot piercing mill for the production of mother hollow. Its manufacturing facility is located at Mehsana, Gujarat, India. It caters to both the domestic and international markets.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Iron & Steel Products: 148 companies →Scoda Tubes against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)17.5 against a typical 18.9: cheaper than most peers (1st = cheapest).69th of 146
- Sales growth+27.6% against a typical +13.1% from a year earlier.34th of 117
- Profit growth−25.8% against a typical +26.2% from a year earlier.82nd of 105
- Share price, 3 months−27.2% against a typical −3.8%.129th of 135
- Size₹ 650.9 Cr. market value against a typical ₹ 156.5 Cr. (1st = largest).44th of 135
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated BBB+ by CARE- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Withdrawn | — | 2 Jan 2026 |
| CARE | CARE BBB+ / CARE A2 | Stable | 3 Dec 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 2 Jan 2026 | Withdrawn | — | — | CRISIL | ₹ 200 Cr. | |
| 3 Dec 2025 | New rating | CARE BBB+ / CARE A2 | — | CARE | ₹ 191.31 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 12 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 26 May 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
| 30 Jan 2026 | Financial Results/Other business matters | To consider and approve the Unaudited standalone financial results for the quarter ended December 31, 2025 and other business matters |
| 13 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 11 Aug 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2025 and other business matters |
| 24 Jun 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2025 and other business matters |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 125 | 92 | 139 | 130 | 124 | 97 | 145 | 152 | 124 | 124 |
| Expenses | 109 | 77 | 116 | 107 | 106 | 83 | 123 | 129 | 107 | 108 |
| Operating Profit | 16 | 15 | 23 | 23 | 17 | 14 | 22 | 23 | 17 | 16 |
| OPM % | 13.1% | 15.9% | 16.4% | 17.8% | 14.1% | 14.6% | 15.4% | 15.1% | 13.5% | 12.9% |
| Other Income | 1 | 0 | 1 | 1 | 2 | 2 | 4 | 1 | 4 | 2 |
| Interest | 6 | 4 | 6 | 6 | 6 | 5 | 6 | 6 | 8 | 6 |
| Depreciation | 4 | 4 | 4 | 5 | 5 | 2 | 2 | 2 | 4 | 4 |
| Profit before tax | 7 | 6 | 14 | 13 | 9 | 9 | 19 | 15 | 9 | 7 |
| Tax % | 55.3% | 25.5% | 24.8% | 25.7% | 20.1% | 23.6% | 25.6% | 25.2% | 32.5% | 25% |
| Net Profit | 3 | 5 | 10 | 10 | 7 | 7 | 14 | 11 | 6 | 5 |
| EPS in Rs | — | — | — | 2.2 | 1.55 | 1.18 | 2.33 | 1.91 | 1.05 | 0.88 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 19%
- TTM
- 11%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 55%
- TTM
- 9%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 20%
- 3 Years
- 21%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Scoda Tubes | ₹ 107.52 | ₹ 651 Cr. | 17.5x | 1.7x | 14% | — |
| Grindwell Norton | ₹ 1,858.00 | ₹ 20,572 Cr. | 55.4x | 9.1x | 17.4% | 13.6% |
| Carborundum Universal | ₹ 1,031.30 | ₹ 19,647 Cr. | 71.3x | 5.2x | 5.2% | 3.2% |
| Kajaria Ceramics | ₹ 1,137.65 | ₹ 17,896 Cr. | 38x | 6.4x | 16.8% | 10.2% |
| Century Plyboards (India) | ₹ 636.25 | ₹ 14,165 Cr. | 65.9x | 6.8x | 10.6% | 5% |
| Jindal SAW | ₹ 233.30 | ₹ 14,864 Cr. | 17.4x | 1.4x | — | 3.3% |
Management
- Samarth Bharatbhai Patel
- Executive Chairman of the Board, Whole Time Director
- Ravi Rameshbhai Patel
- Chief Financial Officer
- Nishita Mayank Sanghvi
- Compliance Officer, Company Secretary
- Jagrutkumar Rameshbhai Patel
- Managing Director, Executive Director
- Saurabh Amrutbhai Patel
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.