Tamilnadu Steel Tubes Ltd.

BSE: TNSTLTU · Iron & Steel Products

—
52W Range₹18 – ₹41

Limited coverage

We are not actively covering this company or have limited coverage today. Click to request coverage.

Snapshot

Unlock Tamilnadu Steel Tubes Ltd.'s vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

T N Steel Tubes Limited is an Indian manufacturer and trader specialising in electric resistance welded steel tubes and pipes. The company serves diverse sectors including construction, infrastructure, automotive, and general engineering with its range of black and galvanised pipes.

Business Model

The company generates revenue by procuring steel coils and processing them into finished tubular products through standardised welding operations. It focuses on meeting regional industrial demand for structural and fluid transmission applications.

Growth Outlook

Growth is primarily driven by the expansion of infrastructure and construction projects within India, which increases demand for structural steel pipes. The company leverages its niche presence in the secondary steel sector to capture regional market opportunities.

Key Risks

  • Raw Material Price Volatility. Fluctuations in the cost of steel coils directly impact the company's manufacturing margins.
  • Cyclical Industry Demand. The company's performance is highly sensitive to cyclical downturns in the construction and automotive sectors.
  • Competitive Pressure. The secondary steel pipe market is highly fragmented, leading to intense price competition from both organised and unorganised players.
  • Regulatory and Environmental Risks. Changes in industrial regulations or environmental standards regarding steel processing could necessitate additional capital expenditure.

Start your research today

Unlock AI insights, financials, peers and live data on Tamilnadu Steel Tubes Ltd. and 5,000+ companies — free.

Start your research

Key Metrics

REVENUE

₹92 Cr

TTM · standalone

+24.4%YoY

NET PROFIT

₹0.14 Cr

TTM · standalone

-50.0%YoY

EPS

₹0.27

TTM · standalone

-30.8%YoY

RETURN ON EQUITY

1.5%

TTM · standalone

-1.5 ppYoY

RETURN ON CAPITAL EMPLOYED

4.1%

TTM · standalone

+0.4 ppYoY

P/E

111.1x

Q4 FY26 · standalone

111.1 vs 46.3x5Y avg

EV/EBITDA

15.6x

Q4 FY26 · standalone

15.6 vs 28.2x5Y avg

EBITDA MARGIN

1.6%

TTM · standalone

-0.1 ppYoY

NET PROFIT MARGIN

0.2%

Q4 FY26 · standalone

-0.4 ppYoY

DEBT TO EQUITY

1.0x

Q4 FY26 · standalone

+0.12xYoY

Peers · Iron & Steel Products

CompanyMkt CapP/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Tamilnadu Steel Tubes Ltd.TNSTLTU
₹16 Cr111.1115.6524.4%1.6%1.5%4.1%—
Azad India Mobility LimitedAZADIND
₹441 Cr4297.501102.62—1.0%0.2%0.2%-43.2%
ManaksiaMANAKSIA
₹438 Cr6.214.574.3%11.4%9.9%13.1%-12.0%
Modern MalleableMODMA
₹397 Cr16.2711.84129.5%19.3%14.5%18.8%—
SurajSURAJLTD
₹362 Cr42.8118.12-15.2%12.0%6.1%12.6%-39.7%
Shah MetacorpSHAH
₹321 Cr21.6423.4048.8%10.1%5.6%5.4%-19.2%

As of Q4 FY26

Financials