SEBI Reg. Investment Advisor

Download App
Help Center Subscribe
Money Works 4 Me Logo MoneyWorks4Me
Talk to Advisor
Login Get Free Account
Sign Up

MoneyWorks4Me

Log In Sign Up Schedule Free 15‑min Call
Login Get Free Account
Sign Up

Scoda Tubes Ltd (SCODATUBES)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544411 NSE: SCODATUBES Steel & Iron Products | Small Cap | Scoda Tubes Share Price

₹150.75 5.95 (4.11%)

As on 03-Jul'26 16:59

Scoda Tubes Ltd (SCODATUBES)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544411 NSE: SCODATUBES Steel & Iron Products | Small Cap | Scoda Tubes Share Price

₹150.75 5.95 (4.11%)

As on 03-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹903 Cr.
Current Price
₹150.8
52-Week Low / High
₹113 / 231
TTM EPS
₹6.5
TTM Sales
₹519 Cr.
Book Value per Share
₹65.2
P/E Ratio
23.25
Lower than its 5-year historical median
Industry PE
24.4
Price to Book (P/B)
2.31
Lower than its 5-year historical median
Price to Sales (P/S)
1.74
Lower than its 5-year historical median
EV/EBITDA
11.68
In line with its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
29.66%
Outperforms industry median
Return on Capital Employed (ROCE)
20.38%
Outperforms industry median
Return on Assets (ROA)
8.17%
Operating Profit Margin
16.1%
Net Profit Margin
6.55%
Gross Profit Margin
12.4%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
21.26%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
32.76%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
73.44%
Asset Quality
Promoter Holding
66.43%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹330 Cr.
Equity
₹59.9 Cr.
Face Value
₹10
All Time Low / High
₹113.40 / 230.80

Scoda Tubes stock performance

Key Ratios
mw4me loader

Check Before You Invest

Check Before You Invest

Quality

Locked
Login to view analysis.

Valuation

Locked
Login to view analysis.

Price Trend

Locked
Login to view analysis.
Q.1 Is Scoda Tubes Ltd a good quality company?
Scoda Tubes Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

View More

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

View More
How does Scoda Tubes Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Scoda Tubes Ltd vs industry peers?
Scoda Tubes Ltd revenue CAGR is 35.70%, compared to the industry median CAGR of 6.94%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Scoda Tubes Ltd?
Promoters hold 66.43% of the Scoda Tubes Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Scoda Tubes Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% based on the current price.
View More

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Scoda Tubes Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation ⓘ

Mar'22Mar'23Mar'24Mar'25TTM
ROCE % ⓘ6.6%15.8%20%20.4%-
Value Creation
Index ⓘ		-0.50.10.40.5-

Growth Parameters ⓘ
Sales ⓘ194305400485519
Sales YoY Gr.-57.3%31.1%21.3%-
Adj EPS ⓘ0.32.24.476.5
YoY Gr.-768%103.7%57.5%-
BVPS (₹) ⓘ8.811.4163465.2
Adj Net
Profit ⓘ		18.617.630.839
Cash Flow from Ops. ⓘ-46.920.42.318.4-
Debt/CF from Ops. ⓘ-2.36.989.511.4-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘNANA35.7%21.3%
Adj EPS ⓘNANA203.1%57.5%
BVPSⓘNANA57%113%
Share Price - - - -26.8%

Key Financial Parameters ⓘ

Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity % ⓘ		2.821.532.328.813.1
Op. Profit
Mgn % ⓘ		5.211.414.716.114.7
Net Profit
Mgn % ⓘ		0.52.84.46.37.5
Debt to
Equity ⓘ		3.13.13.21.40.1
Working Cap
Days ⓘ		0165179197163
Cash Conv.
Cycle ⓘ		011311111773

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Sales194305400485
Operating Expenses ⓘ + 184270341407
Manufacturing Costs17415846
Material Costs161213262336
Employee Cost 3578
Other Costs ⓘ 3111417
Operating Profit ⓘ 10355978
Operating Profit Margin (%) 5.1%11.4%14.7%16.1%
Other Income ⓘ + 1334
Exceptional Items ⓘ 0000
Interest ⓘ 7121922
Depreciation ⓘ 2111618
Profit Before Tax ⓘ 2142642
Tax ⓘ 14810
Profit After Tax 2101832
PAT Margin (%) 0.8%3.4%4.6%6.6%
Adjusted EPS (₹)0.42.64.67.2
Dividend Payout Ratio (%)0%0%0%0%

Valuation of Scoda Tubes - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 354564150
Share Capital ⓘ 11144
Reserves ⓘ 344462106
Debt +110131192195
Long Term Debt38445752
Short Term Debt7287134143
Minority Interest0000
Trade Payables9475468
Others Liabilities ⓘ 3162232
Total Liabilities ⓘ 156240331446

Fixed Assets

Net Fixed Assets ⓘ +11628281
Gross Block1982118135
Accumulated Depreciation8203654
CWIP ⓘ 350023
Investments ⓘ 0111
Inventories6399112150
Trade Receivables355289101
Cash Equivalents 1102244
Others Assets ⓘ 12152547
Total Assets ⓘ 156240331446

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity ⓘ + -4720218
PBT ⓘ 2142642
Adjustment ⓘ 9233438
Changes in Working Capital ⓘ -57-15-55-55
Tax Paid ⓘ -1-2-3-6
Cash Flow From Investing Activity ⓘ + -33-39-47-44
Capex -35-28-36-40
Net Investments 2-10-12-6
Others ⓘ 0013
Cash Flow From Financing Activity ⓘ + 80184441
Net Proceeds from Shares ⓘ 250055
Net Proceeds from Borrowing ⓘ 612914-6
Interest Paid ⓘ -7-11-19-22
Dividend Paid ⓘ 0000
Others ⓘ 005013
Net Cash Flow ⓘ -0-0-015

Financial Ratio

PARTICULARSMar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)4.6825.7533.629.66
ROCE (%)6.5515.7619.9720.38
Asset Turnover Ratio1.241.541.41.25
PAT to CFO Conversion(x)-23.520.110.56
Working Capital Days
Receivable Days66.505264.3071.70
Inventory Days117.7096.9096.5098.50
Payable Days19.7048.2070.6066.40

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Scoda Tubes Ltd FAQs

The current trading price of Scoda Tubes on 03-Jul-2026 16:59 is ₹150.8.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 02-Jul-2026 the market cap of Scoda Tubes stood at ₹903.1 Cr

The latest P/E ratio of Scoda Tubes as of 02-Jul-2026 is 23.25.

The latest P/B ratio of Scoda Tubes as of 02-Jul-2026 is 2.31.

The 52-week high of Scoda Tubes is ₹230.8 and the 52-week low is ₹113.4.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Scoda Tubes is ₹519 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Scoda Tubes Ltd is a below average quality company.

The key valuation ratios of Scoda Tubes Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Scoda Tubes Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Scoda Tubes Ltd

Scoda Tubes Limited was incorporated as ‘Scoda Tubes Limited’ under the provisions of the Companies Act,1956 vide Certificate of incorporation dated November 10, 2008, and Certificate of Commencement of Business dated November 12, 2008, issued by the Registrar of Companies, Gujarat at Dadra and Nagar Haveli.

The company is a stainless-steel tubes and pipes manufacturer based in India. Its products are broadly categorised into: (i) seamless tubes/pipes; and (ii) welded tubes and pipes, under five product lines, namely, (i) stainless steel seamless pipes; (ii) stainless steel seamless tubes; (iii) stainless steel seamless ‘U’ tubes; (iv) stainless steel instrumentation tubes; and (v) stainless steel welded tubes and ‘U’ tubes (‘Products’ or ‘Stainless Steel Products’).

It markets its Products under the brand, ‘Scoda Tubes’. Its Products are used by a diverse range of customers like engineering companies, EPC and industrial companies engaged in Oil and Gas, Chemicals, Fertilisers, Power, Pharmaceuticals, Automotive, Railways and Transportation sectors. In addition, it operates a hot piercing mill for the production of mother hollow, which is the principal raw material for its stainless-steel seamless products.

Its basic raw material includes stainless steel (SS) round bars for seamless products and SS coils for welded products. It procures its raw materials based on market availability, pricing and quality mainly through steel manufacturers, suppliers and stockists based in India. It caters to both the domestic as well as the international markets. In the domestic market, it sells its Products to stockists, engineering, EPC and industrial companies engaged in Oil and Gas, Chemicals, Fertilisers, Power, Pharmaceuticals, Automotive, Railways and Transportation sectors.

Business area of the company

The company is engaged in the business manufacture of Stainless-Steel Pipes & Tubes.

Products of the company 

  • Stainless steel seamless pipes
  • Stainless steel seamless tubes
  • Stainless steel seamless ‘U’ tubes
  • Stainless steel hydraulic/ instrumentation tubes
  • Stainless steel welded tubes and ‘U’ tubes. 

History and milestones

  • 2008: Incorporation of the Company.
  • 2010: Entered exports market.
  • 2012: Received approval from Bharat Heavy Electricals (BHEL) H.E.E.P Hardwar for supply of products.
  • 2013: Received approvals from key-state owned fertilizer companies i.e. Gujarat Narmada Valley Fertilizers and Chemicals (GNFC), Indian Farmers Fertilizers Cooperative (IFFCO) Kandla and Kalol Unit.
  • 2013: Received registration from Krishak Bharati Cooperative (KRIBHCO) for supply of products.
  • 2013: Entered in Petroleum sector after receiving approval from Hindustan Petroleum Corporation (HPCL) for supply of products.
  • 2014: Received approval from Engineers India Limited (EIL) for supply of products.
  • 2016: Change in Management and its Promoters Samarth Patel, Jagrutkumar Patel, Ravi Patel, Saurabh Patel became the Directors of the company.
  • 2017: Supplied product to Department of Atomic Energy, Government of India.
  • 2017: Received approval from Bharat Heavy Electricals Limited (BHEL), Hyderabad for supply of products.
  • 2018: Entered power sector after supplying products to Triveni Turbine.
  • 2018: Entered Mining & Engineering sector after receiving approval from Bharat Earth Movers (BEML) for supply of products.
  • 2018: Received approval from Bharat Heavy Electricals (BHEL) Bhopal and Jhansi for supply of products.
  • 2019: Received trademark certificate for ‘Scoda Tubes Limited’ thereby creating a brand.
  • 2022: Entered in chemical & pharmaceutical sector after supplying products to Laxmi organics.
  • 2022: Supplied products to government railway companies such as Banaras Locomotive Work, Rail Coach Factory, Western Railway and Central Railway.
  • 2023: Supplied Products to National Thermal Power Corporation (NTPC), Bilaspur.
  • 2023: Supplied products to government railway companies such as Modern Coach Factory and Chittaranjan Locomotive Work.
  • 2023: Received certificate for implementing Quality Management System in accordance with ISO 9001:2015.
  • 2023: Received certificate for implementing Environmental Management System in accordance with ISO 14001:2015.
  • 2023: Received certificate for implementing Occupational Health and Safety Management System in accordance with ISO 45001:2018.
  • 2024: Supplied products to government railway companies such as Eastern and North Eastern Railway.
  • 2024: Achieved production capacity of 11,088 MT/year.

To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
2026 ©The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me® is a registered trademark of The Alchemists Ark Pvt. Ltd.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: