Scoda Tubes Ltd.

Scoda Tubes Ltd.

109.74
INR
-4.86
(-4.24%)
6.18EPS
23.17P/E
8.58BMarket Cap
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
32.39
50.93
66.74
80.94
90.61
91.16
Basic EPS, GAAP
0.27
1.73
3.05
5.3
6.79
6.18
Free Cash Flow per Basic Share
-13.72
-1.36
-5.61
-3.61
-22.67
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
5.84
7.56
10.62
25.1
65.15
- -
Tangible Book Value per Share
5.84
7.55
10.61
25.08
65.11
- -
Basic Weighted Avg Shares
60
60
60
60
57
60
Sales/Revenue/Turnover
1,940
3,051
3,999
4,849
5,187
5,456
Operating Margin (%)
4.41
7.76
10.6
12.36
13.27
12.14
Depreciation Expense
15
115
164
181
92
118
Net Income, GAAP
16
103
183
317
388
370
Effective Tax Rate (%)
29.18
28.1
29.45
24.25
26.34
26.65
Profit Margin (%)
0.84
3.39
4.58
6.55
7.49
6.78
Working Capital
182
157
180
655
1,946
- -
LT Debt
386
442
579
523
459
- -
Total Equity
350
453
636
1,504
3,903
- -
Return on Invested Capital (%)
- -
10.08
13.02
14.09
10.3
- -
Return on Capital (%)
- -
11
13.7
15.04
11.74
- -
Return on Common Equity (%)
- -
25.75
33.6
29.66
14.37
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
1,413
- -
LT Borrowings
- -
441
- -
LT Finance Leases
- -
19
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
60
60
60
Market Capitalization
9,709
7,336
8,584

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
4,445
- -
Cash, Cash Equivalents & STI
- -
760
- -
Accounts Receivable, Net
- -
1,380
- -
Inventories
- -
2,098
- -
Total Current Liabilities
- -
2,499
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,413
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
159.54%
Free Cash Flow
- -
- -
500.7%
Net Income, GAAP
- -
- -
22.37%
Sales/Revenue/Turnover
- -
- -
6.96%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
919
1,393
1,300
1,237
4,849
2026
974
1,453
1,524
1,236
5,187
2027
1,243
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.21
2.6
1.63
1.14
5.3
2026
1.44
2.42
1.91
1.02
6.79
2027
0.88
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

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

Company Description

CEO
Jagrutkumar R. Patel
Full Time Employees
161
Sector
Non-energy minerals
Industry
Steel
Address
Survey No. 2442, 2443, 2446 Mehsana GU India 382715
IPO Date
Jun 4, 2025
Business
Scoda Tubes Ltd. manufactures stainless steel seamless and welded pipes, tubes, and U-tubes, including Austenitic, Martensitic, Duplex, and Super Duplex grades; its product portfolio encompasses stainless steel seamless pipes for oil and gas OCTG systems, petrochemical transport, and power plants, seamless tubes for heat exchangers and condensers, seamless and welded U-tubes for boilers and superheaters, instrumentation tubes for nuclear, automotive, medical, and aerospace applications, and welded pipes and tubes for chemical processing and gas pipelines. The company, founded in 2008 and headquartered in Rajpur, Kadi, Mehsana, Gujarat, India, operates a fully integrated manufacturing facility with solar-powered infrastructure and holds certifications including ISO 9001:2015, ISO 14001:2018, ISO 45001:2018, PED 2014/68/EU, and AD 2000 Merkblatt WO; it serves diverse industries such as oil and gas, chemicals, fertilizers, power, pharmaceuticals, automotive, railways, transportation, food and beverage, and shipbuilding, with 349 global clients and exports to international markets. In 2025, Scoda Tubes completed its initial public offering in May-June, raising INR 220 crore through a fresh issue of 15.7 million equity shares at INR 140 per share, with shares listed on NSE (SCODATUBES.NS) and BSE; the IPO proceeds fund capital expenditure to double seamless finishing capacity to 20,068 MT annually, add nine seamless and five welded production lines, expand welded tube capacity, purchase additional land for future growth, and meet incremental working capital needs of INR 110 crore. The company reported H1 FY26 results in November 2025 with 5% revenue growth to INR 243 crore and 39% net profit increase to INR 21 crore, alongside plans for welded capacity commissioning by April 2026 targeting up to INR 1,000 crore revenue by FY29 through power sector demand, global approvals from entities like ADNOC and SABIC, and improved margins from backward-integrated hot-piercing and product mix optimization.