Monarch Networth Capital Ltd
Scoda Tubes Limited is a manufacturer of stainless-steel tubes and pipes. The company’s products are broadly categorized into two types: (i) seamless tubes/pipes and (ii) welded tubes/pipes.
The company markets its products under the brand name “Scoda Tubes Limited.” Customers include engineering companies, EPC (Engineering, Procurement, and Construction) firms, and industrial companies across sectors such as oil and gas, chemicals, fertilizers, power, pharmaceuticals, automotive, railways, and transportation.
The company operates a hot piercing mill for producing mother hollow, which serves as the primary raw material for stainless-steel seamless products. Its manufacturing Facility located on the Ahmedabad-Mehsana Highway in Rajpur, Kadi, Mehsana, Gujarat.
For the year/period ended (Rs. in Cr.)
FY24 | FY23 | FY22 | |
---|---|---|---|
Total Revenue | 402.49 | 307.79 | 195.05 |
Profit After Tax | 18.30 | 10.34 | 1.64 |
EPS | 4.60 | 2.60 | 0.72 |
OPM (%) | 10.60% | 7.64% | 4.36% |
PATM (%) | 4.58% | 3.39% | 0.84% |
For year/ period ended ( in Cr.)
Company Name | Market Cap (Cr.) | Price | P/BV | P/E | Sales (Cr.) FY23 |
Net Profits(Cr.) FY23 |
---|---|---|---|---|---|---|
Scoda Tubes Limited | *618.00 | 140 | 4.30 | 30.43 | 402.49 | 18.30 |
APL Apollo Tubes Ltd. | 51,120.02 | 1,842.00 | 12.15 | 67.52 | 19,996.29 | 757.06 |
Venus Pipes & Tubes Ltd. | 3,099.40 | 1,517.00 | 6.05 | 32.89 | 958.53 | 92.89 |
*Market cap @upper band
At the upper band of IPO Rs. 140, the stock is valued at 30.43 times. Hence, Well-informed investors subscribe for long term.
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