SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Tamilnadu Steel Tubes Ltd (513540)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 513540 NSE: Steel & Iron Products | Small Cap | TN Steel & Tubes Share Price

₹24.15 0.00 (0.00%)

As on 15-Jun'26 16:59

Tamilnadu Steel Tubes Ltd (513540)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 513540 NSE: Steel & Iron Products | Small Cap | TN Steel & Tubes Share Price

₹24.15 0.00 (0.00%)

As on 15-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹12 Cr.
Current Price
₹24.2
52-Week Low / High
₹16 / 46
TTM EPS
₹0.1
TTM Sales
₹91.9 Cr.
Book Value per Share
₹19.3
P/E Ratio
221.01
Higher than its 5-year historical median
Industry PE
25.2
Price to Book (P/B)
1.25
Higher than its 5-year historical median
Price to Sales (P/S)
0.13
Higher than its 5-year historical median
EV/EBITDA
13.16
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
1.05%
Underperforms industry median
Return on Capital Employed (ROCE)
4.51%
Underperforms industry median
Return on Assets (ROA)
0.29%
Operating Profit Margin
1.3%
Net Profit Margin
0.13%
Gross Profit Margin
0.6%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
3.3%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
86.27%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-64.29%
Asset Quality
Promoter Holding
13.61%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹5 Cr.
Equity
₹5.1 Cr.
Face Value
₹10
All Time Low / High
₹1.00 / 57.65

Tamilnadu Steel Tubes stock performance

Key Ratios
mw4me loader

Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Tamilnadu Steel Tubes Ltd a good quality company?
Tamilnadu Steel Tubes Ltd is a quality company, based on a 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.

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.

How does Tamilnadu Steel Tubes Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Tamilnadu Steel Tubes Ltd vs industry peers?
Tamilnadu Steel Tubes Ltd revenue CAGR is 7.75%, compared to the industry median CAGR of 7.56%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of Tamilnadu Steel Tubes Ltd?
Promoters hold 13.61% of the Tamilnadu Steel Tubes Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Tamilnadu Steel Tubes Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -10.1% based on the current price.

10 Year X-Ray :

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.
Tamilnadu Steel 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'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 24.6%12.7%9.5%4.7%-19.5%1.2%6.6%6.4%4.3%4.5%-
Value Creation
Index
0.8-0.1-0.3-0.7-2.4-0.9-0.5-0.5-0.7-0.7-

Growth Parameters

Sales 78.480.590.681.450.95277.492.171.573.992
Sales YoY Gr.-2.7%12.6%-10.2%-37.5%2.2%48.8%19%-22.3%3.3%-
Adj EPS 52.31.40.1-4.8-1.3110.30.20.1
YoY Gr.--54.2%-39.5%-89.9%-3550%NANA2%-71.8%-34.5%-
BVPS (₹) 18.720.62222.117.3161718.118.518.519.3
Adj Net
Profit
2.61.20.70.1-2.5-0.70.50.50.20.10
Cash Flow from Ops. -1.80.70.70.4-0.30.6-4-1.60.80.2-
Debt/CF from Ops. -4.912.23.310.9-0.916.3-1-3.97.855.2-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -0.7%7.8%-1.5%3.3%
Adj EPS -30.4%NA-42.7%-34.5%
BVPS-0.1%1.4%2.9%0.2%
Share Price -7.9% 14.9% 36.5% 46.7%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
30.711.66.50.6-24.5-86.15.91.610.6
Op. Profit
Mgn %
53.22.11.1-4.60.21.50.60.71.31.5
Net Profit
Mgn %
3.31.50.80.1-4.9-1.30.70.60.20.10.1
Debt to
Equity
0.90.80.20.401.20.50.70.70.90
Working Cap
Days
10811911712216915411411315115259
Cash Conv.
Cycle
87999210515714210410213613337

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales78.4080.5290.6381.3750.8651.9877.3592.0671.5073.86
Operating Expenses + 74.5477.9988.8180.4653.2251.8676.1791.4870.9872.91
Manufacturing Costs4.403.774.845.164.024.075.476.065.485.90
Material Costs63.6467.3775.9068.2142.7242.3965.5279.6860.1261.48
Employee Cost 2.693.314.433.803.513.803.854.253.994.26
Other Costs 3.803.553.643.302.971.601.331.491.391.26
Operating Profit 3.862.521.820.91-2.360.121.180.590.510.95
Operating Profit Margin (%) 4.9%3.1%2.0%1.1%-4.6%0.2%1.5%0.6%0.7%1.3%
Other Income + 0.720.160.070.120.260.360.070.640.500.17
Exceptional Items 0000000000
Interest 0.860.580.490.680.050.040.110.520.590.64
Depreciation 0.260.300.340.330.330.320.250.330.340.34
Profit Before Tax 3.451.811.070.01-2.480.110.880.380.090.13
Tax 0.920.630.37-0.08-0.020.790.36-0.19-0.200.03
Profit After Tax 2.531.180.700.09-2.46-0.680.520.570.280.10
PAT Margin (%) 3.2%1.5%0.8%0.1%-4.8%-1.3%0.7%0.6%0.4%0.1%
Adjusted EPS (₹)4.92.31.40.2-4.8-1.31.01.10.60.2
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of TN Steel & 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'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 9.5810.5511.2511.348.888.208.729.259.489.50
Share Capital 5.125.125.125.125.125.125.125.125.125.12
Reserves 4.455.436.136.223.753.073.594.134.364.38
Debt +8.768.752.214.510.299.523.906.126.158.58
Long Term Debt1.790.110.250.12000.640.460.510.43
Short Term Debt6.978.641.964.400.299.523.265.665.638.15
Minority Interest0000000000
Trade Payables0.894.344.570.160.331.011.152.060.953.20
Others Liabilities 7.747.5115.7014.5916.625.8115.5115.1615.1315.33
Total Liabilities 26.9731.1433.7330.6026.1224.5529.2832.5931.7136.62

Fixed Assets

Net Fixed Assets +1.902.472.522.291.911.722.322.392.302.75
Gross Block9.492.653.023.0833.073.924.083.804.60
Accumulated Depreciation7.590.180.500.791.091.351.611.701.501.85
CWIP 0.18000000000
Investments 0000000000
Inventories8.519.32109.448.558.6712.3115.4414.4416.88
Trade Receivables13.9017.4218.2313.7912.5611.9813.4913.5512.9913.84
Cash Equivalents 0.830.321.573.611.841.230.090.060.291.54
Others Assets 1.651.621.411.471.270.941.071.161.691.61
Total Assets 26.9731.1433.7330.6026.1224.5529.2832.5931.7136.62

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -1.780.720.670.41-0.310.58-4.01-1.610.810.16
PBT 3.451.501.070.01-2.480.110.880.380.090.13
Adjustment 0.430.730.790.910.120.160.310.710.620.83
Changes in Working Capital -4.71-1.04-0.84-0.492.051.1-4.84-2.820.1-0.8
Tax Paid -0.95-0.47-0.35-0.020-0.79-0.360.1300
Cash Flow From Investing Activity + 0.03-0.667.59-0.032.61-10.53-0.83-0.290.01-0.71
Capex -0.05-0.79-0.39-0.110.05-0.03-0.89-0.34-0.06-0.79
Net Investments 0000000000
Others 0.080.137.970.082.57-10.500.060.050.070.08
Cash Flow From Financing Activity + 1.41-0.57-7.011.66-4.089.343.701.86-0.581.81
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 2.52-1.670.14-0.14-0.0400.64-0.180.06-0.08
Interest Paid -0.86-0.58-0.49-0.68-0.05-0.04-0.11-0.52-0.59-0.64
Dividend Paid 0000000000
Others -0.241.68-6.672.48-3.999.383.172.56-0.052.53
Net Cash Flow -0.33-0.511.252.05-1.78-0.61-1.14-0.030.231.25

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)30.4311.696.420.81-24.35-7.986.166.33.021.05
ROCE (%)24.5512.679.514.73-19.461.156.576.394.314.51
Asset Turnover Ratio32.772.792.531.792.052.872.982.222.16
PAT to CFO Conversion(x)-0.70.610.964.56N/AN/A-7.71-2.822.891.6
Working Capital Days
Receivable Days617171.8071.8094.6086.2060.1053.6067.7066.30
Inventory Days39.7040.4038.9043.6064.5060.5049.505576.3077.40
Payable Days15.8014.2021.4012.702.105.8067.409.1012.30

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Tamilnadu Steel Tubes Ltd FAQs

The current trading price of TN Steel & Tubes on 15-Jun-2026 16:59 is ₹24.15.

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 14-Jun-2026 the market cap of TN Steel & Tubes stood at ₹12.38 Cr

The latest P/E ratio of TN Steel & Tubes as of 14-Jun-2026 is 221.0.

The latest P/B ratio of TN Steel & Tubes as of 14-Jun-2026 is 1.25.

The 52-week high of TN Steel & Tubes is ₹45.71 and the 52-week low is ₹15.55.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of TN Steel & Tubes is ₹91.86 ( Cr.) .

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

The key valuation ratios of Tamilnadu Steel Tubes Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

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

About Tamilnadu Steel Tubes Ltd

Tamilnadu Steel Tubes, a registered partnership firm, obtained a certificate of incorporation on July 13, 1979. All assets movable and immovable and rights, quotas, licenses, debts and all liabilities of parties in the said partnership became vested in Tamilnadu Steel Tubes Private Limited, as on the date of incorporation of aforesaid Private Company. The company has been promoted by Shri Indersain Goyal having over 36 years of experience as an Industrialist.

The company became deemed Public Limited Company under provision of section 43A of Companies Act 1956 with effect from April 1, 1982. The company was converted into a Public Limited Company on October 15, 1986.

Business area of the company

The company is engaged in manufacturing of GI Tubes, Pipes, Hardware Fittings, in India. The company currently manufactures ERW Steel Tubes/Pipes (both Black & Galvanished) and  ERW Precision tubes which are extensively used in water supply both for domestic and municipal usage; tubular structures, agriculture, automobile and transport industry.

You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

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: