Tamilnadu Steel Tubes Limited

Tamilnadu Steel Tubes Limited

TNSTLTU.BO
Tamilnadu Steel Tubes LimitedIN flagBombay Stock Exchange
22.00
INR
-1.00
- -
112.75MMarket Cap
Tamilnadu Steel Tubes Limited
TNSTLTU.BO
(Bombay Stock Exchange)

Recent

price

22.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
158.22
191.78
209.29
176.31
153.07
156.23
176
158.05
98.6
100.53
149.85
176.1
136.6
140.89
- -
177.52
Revenue per Share
1.39
4
7
9
4.94
2.3
1.36
0.18
-4.8
-1.33
1.02
1.1
0.55
0.19
- -
0.11
Basic EPS, GAAP
0.29
2.56
4.92
-8.54
-3.85
-0.4
0.38
0.5
-0.62
0.85
-9.59
-3.91
-0.17
-1.09
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-6.9
-2.53
4.32
12.63
18.08
20.37
21.33
21.51
16.71
15.38
16.39
17.5
17.96
17.84
- -
9.9
Book Value per Share
-6.27
-1.94
4.94
13.23
18.7
20.59
21.95
22.13
17.33
16
17.01
18.05
18.41
18.13
- -
19.15
Tangible Book Value per Share
5
5
5
5
5
5
5
5
5
5
5
5
5
5
- -
5
Basic Weighted Avg Shares
809
1,035
1,065
939
784
801
902
810
505
515
768
902
704
739
919
919
Sales/Revenue/Turnover
2.19
4.36
2.77
4.06
5.55
2.8
1.69
0.72
-5.32
-0.39
1.22
0.85
0.3
0.82
0.93
0.91
Operating Margin (%)
2
2
3
3
3
3
3
3
3
3
3
3
3
3
5
5
Depreciation Expense
7
22
36
48
25
12
7
1
-25
-7
5
6
3
1
1
1
Net Income, GAAP
25.8
35.08
12.3
18.46
26.68
34.85
34.64
- -
- -
717.59
41.02
- -
- -
21
84.12
84.12
Effective Tax Rate (%)
0.88
2.09
3.34
5.1
3.23
1.47
0.78
0.11
-4.87
-1.32
0.68
0.63
0.4
0.13
0.06
0.06
Profit Margin (%)
-33
-21
10
62
113
103
190
194
195
92
192
206
209
205
190
190
Working Capital
19
22
20
18
18
1
3
1
1
- -
6
5
5
4
4
4
LT Debt
-32
-10
25
70
96
106
112
113
89
82
87
93
95
95
99
99
Total Equity
- -
106.19
45.49
25.81
15.57
6.03
4.71
- -
- -
7.64
3.48
- -
- -
2.8
0.7
0.69
Return on Invested Capital (%)
- -
119.47
89.92
48.06
18.33
8.35
6.29
- -
- -
-6.93
3.74
- -
- -
3.6
0.96
0.95
Return on Capital (%)
- -
- -
- -
107.41
31.64
11.94
6.54
0.83
-25.14
-8.29
6.4
6.51
3.11
1.07
0.79
0.79
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
68
- -
99
LT Borrowings
4
- -
4
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
- -
5
Market Capitalization
104
210
97

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
299
- -
323
Cash, Cash Equivalents & STI
1
- -
31
Accounts Receivable, Net
120
- -
126
Inventories
172
- -
161
Total Current Liabilities
98
- -
134
Payables & Accruals
- -
- -
- -
ST Debt
68
- -
99
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

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
4.28%
14.78%
24.37%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
190
191
145
178
704
2025
209
165
161
204
739
2026
251
221
190
257
919

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
0.07
-0.01
- -
0.55
2025
0.19
0.06
0.04
-0.1
0.19
2026
0.1
0.09
-0.01
-0.07
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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.