Tamilnadu Steel Tubes Ltd.

Tamilnadu Steel Tubes Ltd.

BBSE:TNSTLTU
32.35
INR
-1.67
(-4.91%)
0.05EPS
408.44P/E
112.75MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
209.29
176.31
153.07
156.23
176
158.05
98.6
100.53
149.85
176.1
136.6
139.25
166.79
169.53
Basic EPS, GAAP
7
9
4.94
2.3
1.36
0.18
-4.8
-1.33
1.02
1.1
0.55
0.19
0.11
0.05
Free Cash Flow per Basic Share
4.92
-8.54
-3.85
-0.4
0.38
0.5
-0.62
0.85
-9.59
-3.91
-0.17
-1.12
1.79
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
4.91
13.76
18.69
20.59
21.95
22.13
17.33
16
17.01
18.05
18.5
18.54
19.34
- -
Tangible Book Value per Share
4.91
13.76
18.69
20.59
21.95
22.13
17.33
16
17.01
18.05
18.5
18.54
19.34
- -
Basic Weighted Avg Shares
5
5
5
5
5
5
5
5
5
5
5
5
5
5
Sales/Revenue/Turnover
1,065
939
784
801
902
810
505
515
768
902
704
714
855
881
Operating Margin (%)
2.77
4.06
5.55
2.8
1.69
0.72
-5.32
-0.39
1.22
0.85
0.3
0.95
1.06
1.01
Depreciation Expense
3
3
3
3
3
3
3
3
3
3
3
3
5
5
Net Income, GAAP
36
48
25
12
7
1
-25
-7
5
6
3
1
1
- -
Effective Tax Rate (%)
12.3
18.46
26.68
34.85
34.64
- -
- -
717.59
41.02
- -
- -
21.02
84.12
93.67
Profit Margin (%)
3.34
5.1
3.23
1.47
0.78
0.11
-4.87
-1.32
0.68
0.63
0.4
0.14
0.07
0.03
Working Capital
10
62
113
103
190
194
195
92
192
206
209
206
190
- -
LT Debt
20
18
18
1
3
1
1
- -
6
5
5
136
136
- -
Total Equity
25
70
96
106
112
113
89
82
87
93
95
95
99
- -
Return on Invested Capital (%)
62.5
39.84
12.44
4.04
4.67
- -
- -
7.48
3.5
- -
- -
2.28
0.45
- -
Return on Capital (%)
84.9
46.79
18
8.25
6.21
- -
- -
-6.77
3.66
- -
- -
2.41
0.47
- -
Return on Common Equity (%)
- -
100.28
30.43
11.69
6.42
0.81
-24.35
-7.98
6.16
6.3
3.02
1.05
0.59
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
100
- -
LT Borrowings
- -
4
- -
LT Finance Leases
- -
132
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
5
5
Market Capitalization
212
96
113

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
323
- -
Cash, Cash Equivalents & STI
- -
31
- -
Accounts Receivable, Net
- -
126
- -
Inventories
- -
161
- -
Total Current Liabilities
- -
134
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
100
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.77%
3.89%
4.28%
Free Cash Flow
-179.74%
-216.67%
-260.64%
Net Income, GAAP
-337.45%
-65%
-42.27%
Sales/Revenue/Turnover
3.47%
13.15%
19.77%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
209
165
161
204
714
2026
251
221
190
257
855
2027
214
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.19
0.06
0.04
-0.1
0.19
2026
0.1
0.09
-0.01
-0.07
0.11
2027
0.04
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
B. Bivashwa Das
Full Time Employees
166
Sector
Non-energy minerals
Industry
Steel
Address
No. 22, Wheatcroft Road Chennai TN India 600034
IPO Date
Jul 26, 2009
Business
Tamilnadu Steel Tubes Limited manufactures mild steel tubes in India, producing a diverse range of over 250 products including black pipes, galvanized pipes, electric resistance welded (ERW) pipes, square pipes, rectangular pipes, and precision tubes available in various sizes and shapes; it offers these under registered brands such as TNT, SHREE, JUPITER, STAR, SUPER, SUPERGOLD, and VICTOR, adhering to standards like IS:1239, 1161, 3601, and 4923 as well as equivalent international specifications. The company serves industries including agriculture, oil and gas, infrastructure, automotive, sugar, chemicals, fertilizers, pharmaceuticals, railways, refrigeration, metallurgy, energy, shipbuilding, and fabrication through an extensive dealer network primarily in South India, with registrations from organizations such as BHEL, Railways, TWAD, and CPWD. Founded in 1979 by Indersain Goyal and headquartered in Chennai, Tamil Nadu, with its manufacturing facility in the industrial complex at Maraimalai Nagar, Kanchipuram District, the firm employs high-frequency electric resistance welding technology and maintains an updated galvanizing bath for uniform quality in galvanized products; it operates as an ISO 9001:2015 certified entity focused on the domestic market through its steel tubes segment. In recent developments, Tamilnadu Steel Tubes introduced high-end automobile manufacturers as customers for its pipes production in fiscal year 2025, appointed Shiv Bandhu as Chief Financial Officer effective August 14, 2025 following the resignation of previous CFO Vinod Kumar, and changed its registered office address as announced in November 2024, while sustaining operations amid fluctuating profitability with net profit at Rs 0.1 crore for March 2025.