Skip to main content
Swing Capital

Scoda Tubes Ltd

NSE: SCODATUBES BSE: 544411Metal

Scoda Tubes Ltd, established in 2008 in Gujarat, India, specializes in manufacturing stainless steel pipes and tubes, including seamless, welded, and U-tube variants.[1]

₹139
52W: ₹110 — ₹231
PE 21.2 · Book ₹62.4 · +123% vs book
Market Cap₹835 Cr
Stock P/E21.2Price to Earnings
ROCE20.4%Return on Capital
ROE29.7%Return on Equity
Div. Yield0%Face Value ₹10

Strengths

  • +Company has a good return on equity (ROE) track record: 3 Years ROE 30.0%

Weaknesses

  • −Though the company is reporting repeated profits, it is not paying out dividend

Shareholding Pattern

Promoters66.43%
FIIs8.16%
DIIs7.36%
Public18.05%
CategoryJun 2025Sep 2025Dec 2025Mar 2026
Promoters66.43%66.43%66.43%66.43%
FIIs8.09%7.8%▼0.38.04%▲0.28.16%▲0.1
DIIs7.88%6.9%▼1.07.4%▲0.57.36%▼0.0
Public17.61%18.87%▲1.318.14%▼0.718.05%▼0.1

Financial Statements

MetricMar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales1259213913012497145152
Expenses1097711610710683123129
Operating Profit1615232317142223
OPM %13%16%16%18%14%15%15%15%
Net Profit351010771411
EPS ₹0002.21.551.182.331.91

AI Insights

Revenue Trend

TTM revenue at ₹519Cr, up 7% YoY. OPM at 15%.

Debt Position

Borrowings at ₹204Cr. Debt-to-equity ratio: 0.65x. Moderate leverage.

Capex Cycle

CWIP at ₹61Cr (72% of fixed assets). Significant capex underway — growth runway building.

Institutional Flow

DIIs: 7.36% (-0.52pp change). FIIs: 8.16% (+0.07pp change). Promoters hold 66.43%.

Margin & Efficiency

ROCE improving from 0% (Mar 2022) to 20% (Mar 2025). Working capital days: 16.

Valuation

PE 21.2x with 20.4% ROCE. Price is 123% above book value of ₹62.4. Dividend yield: 0%.

Recent Announcements