Shree Marutinandan TubesShare price, financial results, shareholding and management
- Market cap
- ₹18 cr
- Stock P/E
- 4.9peers 21.3
- Book value
- ₹107
- Price to book
- 0.47
- EV / operating profit
- -
- Market cap to sales
- 0.12
- ROCE · FY26
- 16.8%
- ROE · FY26
- 12.3%
- ROE, 3-year average
- 17.0%
- Operating margin · FY26
- 4.3%peers 12.4%
- Sales growth, 3 years
- 47.1%
- Profit growth, 3 years
- 21.4%
- Debt to equity
- 0.14peers 0.41
- Borrowings
- ₹5 cr
- Interest cover
- 4.7×
- Cash from business / op. profit
- 31%
- Debtor days
- 77
- Pledged
- 0.00%
- Promoter holding
- 58.30%
- Change in promoter holding
- 0.00 pts
- Shareholders
- 598
- 52-week high / low
- ₹99 / ₹40
- Dividend yield
- 0.00%
- Face value
- ₹10
Tap or hover on any figure for what it means. Our arithmetic on reported figures, at the latest close.
newboard is reading this company's filings. Its plain description, key points, management and study will appear here soon; the figures below are worked out from what it has filed.
Shree Marutinandan Tubes share price chart
Close on 6 Nov 2026 · +6.39% on the day · Vol 13,000
Daily prices to 6 Nov 2026, adjusted for splits and bonuses. Closing prices only: check the exchange for the live price.
Share price returns
To the close of 6 Nov 2026
- 1 month
- +12.2%
- 3 months
- -3.1%
- 6 months
- -13.3%
- 1 year
- -49.6%
- Traded a day, 20 days
- ₹0.01 cr
Business growth
Sales and net profit, from the reported results
| Sales | Profit | |
|---|---|---|
| FY26 on FY25 | +31% | +19% |
| 3 years, a year | +47% | +21% |
| Latest half, H2 FY26 | +19% | +22% |
Shree Marutinandan Tubes revenue and profit growth
Half-yearly results · Profit and lossSales have grown fast. Last year profit grew more slowly than sales, so the profit kept from each rupee of sales slipped.
SME companies report every six months. In the latest half, sales were higher than in the same half a year before.
Shree Marutinandan Tubes half-yearly results
SME companies report every six months · ₹ crore
| H2FY23 | H1FY24 | H2FY24 | H1FY25 | H2FY25 | H1FY26 | H2FY26 | |
|---|---|---|---|---|---|---|---|
| Sales | 23 | 43 | 49.01 | 53.93 | 59.97 | 77.50 | 71.32 |
| Expenses | 20 | 41 | 47.13 | 52.95 | 57.20 | 76 | 66.90 |
| Operating profit | 2 | 2 | 1.87 | 0.98 | 2.76 | 1.50 | 4.42 |
| OPM | 10.0% | 5.0% | 3.8% | 1.8% | 4.6% | 1.9% | 6.2% |
| Interest | 0 | 0 | 0.04 | 0.33 | 0.63 | 0.45 | 0.81 |
| Depreciation | 0 | 0 | 0.31 | 0.07 | 0.16 | 0.16 | 0.36 |
| Profit before tax | 2 | 2 | 1.63 | 0.91 | 2.83 | 1.40 | 3.31 |
| Net profit | 1 | 1 | 1.18 | 0.71 | 2.09 | 1.04 | 2.54 |
Shree Marutinandan Tubes profit and loss
Full years to March, FY20 to FY26 · ₹ crore, consolidated where reported
| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Sales | 29 | 36 | 47 | 47 | 91.78 | 114 | 149.71 |
| Expenses | 29 | 35 | 46 | 44 | 87.71 | 110 | 143.29 |
| Operating profit | 0 | 1 | 1 | 4 | 4.08 | 4 | 6.42 |
| OPM | -0.2% | 1.8% | 1.6% | 7.0% | 4.4% | 3.3% | 4.3% |
| Other income | 1 | 0 | 0 | 0 | 0.15 | 1 | 0.11 |
| Interest | 0 | 1 | 1 | 1 | 0.08 | 1 | 1.26 |
| Depreciation | 0 | 0 | 0 | 0 | 0.62 | 0 | 0.52 |
| Exceptional and other items | -1 | · | · | · | · | · | · |
| Profit before tax | 0 | 0 | 0 | 3 | 3.56 | 4 | 4.71 |
| Tax rate | 36.0% | 39.0% | 54.0% | 33.3% | 26.1% | 25.0% | 24.0% |
| Net profit | 0 | 0 | 0 | 2 | 2.63 | 3 | 3.58 |
| EPS ₹ | 4.88 | 6.34 | 2.93 | 90.24 | 12.13 | 8.09 | 10.34 |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
The years to FY25 come rounded to the nearest crore in the source.
Exceptional and other items: profit before tax beyond operating profit, other income, interest and depreciation, such as one-off items or a share of associates' profit, as reported.
Earnings per share before FY23 is on the share count of that time, before later bonus or share issues, so it does not compare with the years after.
Shree Marutinandan Tubes profitability
Margins and returns on capitalLast year the company kept about as much from each rupee of sales as the year before. It earns a moderate return on the money it uses.
Operating margin, every year
Per cent of sales kept before interest, depreciation and tax
| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Operating margin | -0.2% | 1.8% | 1.6% | 7.0% | 4.4% | 3.3% | 4.3% |
| Tax rate | 36.0% | 39.0% | 54.0% | 33.3% | 26.1% | 25.0% | 24.0% |
| ROCE | · | 16.1% | 13.9% | 48.7% | 20.7% | 18.5% | 16.8% |
| ROE | · | 0.0% | 0.0% | 117.0% | 23.7% | 15.0% | 12.3% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Shree Marutinandan Tubes debt and cash flow
Balance sheet · Cash flow · Working capitalThe company's own money, its net worth, has grown fast. It cut its borrowings last year. Its loans are smaller than its own money. Last year the business brought in less cash than it showed as profit, so part of the profit is still to be collected. It spent more on assets and investments than the business brought in, and raised the rest from loans or shares. Customers take about as long to pay as they did in FY24.
Bars below the line are cash going out.
Shree Marutinandan Tubes balance sheet
At each 31 March · ₹ crore
| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Equity capital | 0.21 | 0.21 | 0.21 | 0.21 | 3 | 3 | 3 |
| Reserves | 0 | 0 | 0 | 3 | 16 | 18 | 34 |
| Net worth | 0.21 | 0.21 | 0.21 | 3.21 | 19 | 21 | 37 |
| Borrowings | 4 | 8 | 6 | 7 | 6 | 8 | 5 |
| Other liabilities | 5.79 | 4.79 | 6.79 | 5.79 | 8 | 32 | 24 |
| Total liabilities | 10 | 13 | 13 | 16 | 33 | 61 | 66 |
| Fixed assets | 0 | 0 | 0 | 0 | 0 | 1 | 2 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 6 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other assets | 10 | 13 | 13 | 16 | 33 | 60 | 58 |
Shree Marutinandan Tubes cash flow
₹ crore
| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | · | -3 | 3 | 0 | -8 | -4 | 2 |
| Cash from investing | · | 0 | 0 | 0 | 0 | 0 | -8 |
| Cash from financing | · | 3 | -2 | 0 | 11 | 3 | 8 |
| Net cash flow | · | 0 | 1 | 0 | 3 | -1 | 2 |
Working capital
Days
| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Debtor days | 100 | 82 | 45 | 69 | 74 | 43 | 77 |
| Inventory days | 19 | 16 | 36 | 54 | 31 | 87 | 46 |
| Days payable | 60 | 45 | 43 | 44 | 27 | 104 | 54 |
| Cash conversion cycle | 59 | 53 | 37 | 79 | 78 | 26 | 70 |
| Working capital days | 22 | 35 | 20 | 35 | 63 | 65 | 65 |
Shree Marutinandan Tubes peers and competitors
Listed SME companies in the same industryBy sales, Shree Marutinandan Tubes is number 62 of the 156 listed SME companies in industrial products.
Each company's latest full year and its latest close; companies the exchange puts in the same industry, whose businesses can differ a good deal. A list, not a comparison of their shares.
| Company | Market cap ₹ cr | P/E | Sales ₹ cr | Profit ₹ cr | Op. margin | Debt/equity |
|---|---|---|---|---|---|---|
| DCG Cables & Wires | 127 | 14.1 | 163 | 9 | 15.0% | 0.70 |
| Malpani Pipes And Fittings | 68 | 7.5 | 163 | 9 | 10.0% | 0.39 |
| Swashthik Plascon | 36 | 4.6 | 153 | 8 | 16.0% | 0.95 |
| AVSL Industries | 64 | 30.1 | 150 | 2.1 | 6.4% | 1.01 |
| Shree Marutinandan Tubes | 18 | 4.9 | 150 | 3.6 | 4.3% | 0.14 |
| Mittal Sections | 32 | 10.8 | 149 | 3 | 5.0% | 0.43 |
| RFBL Flexi Pack | 235 | 28.5 | 148 | 8.3 | 8.8% | 0.38 |
| Amic Forging | 2,378 | 84.9 | 141 | 28 | 33.0% | 0.03 |
| Sahasra Electronic Solutions | 1,176 | 97.0 | 139 | 12.1 | 13.1% | 0.28 |
| ALUWIND INFRA-TECH | 117 | 11.1 | 139 | 10.5 | 11.8% | 0.59 |
| Monolithisch India | 2,616 | 113.7 | 135 | 23 | 24.0% | 0.05 |
| Median of the 10 others | 122 | 21.3 | 149 | 9 | 12.4% | 0.41 |
Shree Marutinandan Tubes shareholding pattern
Promoters, FIIs, DIIs, HNIs and small holdersThe promoters own more than half the company. Big foreign and Indian funds own very little. The number of shareholders is about the same.
Shree Marutinandan Tubes shareholding pattern
Per cent of shares, from the patterns filed with the exchange. Tap + to see everyone holding 1% or more in that group. HNIs and small holders show only where the pattern was filed in full.
| Mar 24 | Sep 24 | Mar 25 | Sep 25 | Mar 26 | |
|---|---|---|---|---|---|
| Promoters | 58.30% | 58.30% | 58.30% | 58.30% | 58.30% |
| Number of shareholders | 487 | 662 | 668 | 635 | 598 |
Shree Marutinandan Tubes latest news and announcements
Announcements · Documents · Corporate actionsWhat changed recently
Each half-year is set against the same half a year earlier
- H2 FY26: sales ₹71.3 cr (+19%), net profit ₹2.5 cr (+22%) on H2 FY25.
- Shareholding, 31 March 2026: promoters unchanged at 58.30%.
Shree Marutinandan Tubes announcements
5 on record, latest first; each opens the filing on the exchange
- Company UpdateKindly find the enclosed disclosurePDF ↗
- Company UpdatePlease find the Enclosed DisclosurePDF ↗
- Insider Trading / SASTKindly find the enclosed disclosurePDF ↗
- AGM/EGMKindly find enclosed the scrutinizers reports and voting results for the AGM held on 23rd September, 2026PDF ↗
- AGM/EGMKindly find enclosed the AGM proceedings (outcome) for AGM held today i.e. 23rd September, 2026 at 11:30 a.mPDF ↗
Shree Marutinandan Tubes annual reports, earnings calls and documents
Every document links to its source; “read” marks those this page is built from
Shree Marutinandan Tubes share split, bonus and dividends
From the corporate actions the company announces on the exchange
No share split, bonus issue or dividend is on record since listing.
Checks we ran on Shree Marutinandan Tubes' data · 8
Before any number shows, it goes through the same checks. A figure that fails is held back, never shown as if it were right.
- ✓Balance sheet totals add up for FY25 and FY26.
- ✓Market cap uses the share count in the latest shareholding pattern (34,60,000 shares).
- !The FY26 results imply 30,00,000 shares at face value ₹10, which disagrees with the shareholding pattern; the pattern is used.
- ✓Promoter and public holdings add up to 100% in every shareholding pattern shown.
- ✓The two half-years of FY26 add up to the full-year sales.
- !Earnings per share changes basis between FY23 (₹90.24) and FY24 (₹12.13) because the share count behind it changes; EPS is shown as reported, and growth is worked out on profit.
- ✓Revenue and profit are reported for every year shown, FY20 to FY26.
- iPrices run to the close on 14 Oct 2026, from the exchange's daily figures.
Questions people ask about Shree Marutinandan Tubes
What does Shree Marutinandan Tubes do?
Shree Marutinandan Tubes is an SME company listed on BSE SME, in industrial products.
What is the share price of Shree Marutinandan Tubes?
₹50.5 at the close on 6 Nov 2026, from the exchange's daily figures.
What is the market cap of Shree Marutinandan Tubes?
₹18 cr at the close on 6 Nov 2026, on 34,60,000 shares.
What is the P/E of Shree Marutinandan Tubes?
4.9 times FY26 profit at the close on 6 Nov 2026 (our arithmetic).
What are Shree Marutinandan Tubes' revenue and profit?
Revenue ₹150 cr and profit after tax ₹4 cr in FY26.
Who are the promoters of Shree Marutinandan Tubes?
The promoter group; promoters held 58.30% at 31 March 2026.
What is Shree Marutinandan Tubes' website?
www.shreemarutitubes.com
More SME companies like Shree Marutinandan Tubes
Other listed SME companies in industrial products, the closest in size first, each read from its own documents.
- Krupalu MetalsKRUPALU · BSE SME · Industrial ProductsMarket cap ₹18 cr
- Sati Poly PlastSATIPOLY · NSE Emerge · Industrial Products · listed 2024Market cap ₹18 cr
- Sabar Flex IndiaSABAR · NSE Emerge · Industrial Products · listed 2022Market cap ₹18 cr
- Earthstahl & AlloysEARTH · BSE SME · Industrial ProductsMarket cap ₹17 cr
- Agarwal Float Glass IndiaAGARWALFT · NSE Emerge · Industrial Products · listed 2023Market cap ₹18 cr
- AIK Pipes and PolymersAIKPIPES · BSE SME · Industrial ProductsMarket cap ₹18 cr
Built from 5 exchange announcements, 5 shareholding patterns and 7 years of reported results. Every figure carries its source; where the documents are silent, the page says so.