Key Financials Snapshot

TTM · Standalone · ₹ in Cr
Market Cap
₹15 Cr.
Stock P/E
5.2
P/B
0.7
Current Price
₹42
Book Value
₹ 63.4
Face Value
10
52W High
₹105
52W Low
₹ 40
Dividend Yield
0%

Shree Marutinandan Overview

Business

Shree Marutinandan Tubes Ltd. operates in the trading sector, specifically focused on tubes and related products (inferred from "Tubes Ltd." in its name). Its core business model involves procuring a range of tubes and pipes from manufacturers or larger distributors and supplying them to various end-users, which could include other distributors, retailers, construction companies, industrial clients, or infrastructure projects. The company primarily makes money through the margin it earns on the difference between its purchase price and its sale price, along with efficient inventory management and logistics.

Revenue Mix

Given the company name, its primary revenue stream is derived from the trading of tubes and pipes. Without specific financial data, it is not possible to break down major business segments or their contributions. Potential sub-segments could include different types of tubes (e.g., steel tubes, PVC tubes, industrial pipes), or sales to different customer categories (e.g., B2B, B2C, government projects), but specific details are unavailable.

Industry

The company operates in the trading industry, which in India is generally fragmented and characterized by numerous players ranging from small regional distributors to larger national traders. The market for tubes and pipes is often driven by construction, infrastructure development, and industrial demand. Competition is typically high, primarily based on price, delivery times, product availability, and customer relationships. Shree Marutinandan Tubes Ltd. likely competes by focusing on specific geographic regions, product niches, or by leveraging strong supplier and customer networks.

MOAT

Trading businesses generally have weak structural moats compared to manufacturing or technology firms. Shree Marutinandan Tubes Ltd.'s potential advantages, if any, would likely stem from:

Established Relationships: Long-standing rapport with key suppliers (securing better terms or consistent supply) and a loyal customer base.

Operational Efficiency: Effective inventory management and lean logistics that allow for competitive pricing and timely delivery.

Regional Dominance/Network: A strong distribution network or market share in specific geographic areas.

However, these are often execution-dependent and can be replicated by competitors.

Growth Drivers

Key factors that could drive growth for Shree Marutinandan Tubes Ltd. over the next 3-5 years include:

Indian Economic Growth: Overall GDP growth in India fuels demand for construction, infrastructure, and industrial production, which are major consumers of tubes and pipes.

Government Infrastructure Spending: Increased investments in projects like roads, railways, housing, and urban development directly boost demand for construction materials.

Industrial Expansion: Growth in manufacturing and processing industries requiring various types of tubes and pipes.

Diversification: Potential expansion into new product categories within the broader metal or building materials trading space, or into new geographical markets.

Supply Chain Optimization: Improving efficiency in procurement and distribution to enhance margins and competitiveness.

Risks

Commodity Price Volatility: Fluctuations in the prices of raw materials (e.g., steel if trading metal tubes) can significantly impact procurement costs, inventory valuation, and profit margins.

Intense Competition: The fragmented nature of the trading industry can lead to price wars, squeezing margins and making it difficult to maintain profitability.

Inventory Management Risk: Risk of holding excess inventory (leading to higher carrying costs or obsolescence) or insufficient inventory (missing sales opportunities).

Credit Risk: Potential for defaults or delayed payments from customers, impacting cash flow.

Economic Downturn: A slowdown in the Indian economy, particularly in construction and industrial sectors, would reduce demand for the company's products.

Supplier Concentration Risk: Over-reliance on a few key suppliers could lead to supply disruptions or unfavorable terms.

Management & Ownership

As is common with many Indian companies, Shree Marutinandan Tubes Ltd. is likely to be promoter-led, with the founding family or individuals holding a significant ownership stake and active roles in management. Without specific information, details regarding the experience, track record, or specific ownership structure of the promoters and key management personnel are unavailable. The operational quality would be largely dependent on the promoters' business acumen and ability to manage supply chain complexities and market dynamics.

Outlook

The outlook for Shree Marutinandan Tubes Ltd. is closely tied to the broader economic performance of India and the health of its infrastructure and industrial sectors.

Bull Case: Sustained robust economic growth and significant government spending on infrastructure would create a strong demand environment for the products it trades. Efficient operational management, strong supplier and customer relationships, and astute inventory handling could allow the company to capture market share and achieve healthy trading margins.

Bear Case: A downturn in economic activity, coupled with intense price competition from numerous unorganized and organized players, could pressure sales volumes and significantly erode profit margins. Volatility in commodity prices and challenges in managing credit risk or inventory effectively would further impact profitability and cash flow. The company's performance will be largely cyclical, reflecting the underlying industry trends and its ability to execute effectively in a competitive, margin-sensitive business.

Shree Marutinandan Share Price

Live · BSE · Inception: 2013
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Standalone · annual

Shree Marutinandan Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

Shree Marutinandan Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 36 47 47 92 114
Other Income 0 0 0 0 1
Total Income 36 47 47 92 115
Total Expenditure 35 46 44 88 110
Operating Profit 1 1 4 4 5
Interest 1 1 1 1 1
Depreciation 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 -0
Profit Before Tax 0 0 3 4 4
Provision for Tax 0 0 1 1 1
Profit After Tax 0 0 2 3 3
Adjustments 0 0 0 0 0
Profit After Adjustments 0 0 2 3 3
Adjusted Earnings Per Share 0.5 0.2 8.2 7.6 8.1

Shree Marutinandan Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 1 1 3 19 22
Minority's Interest 0 0 0 0 0
Borrowings 3 3 2 2 0
Other Non-Current Liabilities 0 0 0 -0 -0
Total Current Liabilities 9 9 11 12 39
Total Liabilities 13 13 16 33 61
Fixed Assets 0 0 0 0 1
Other Non-Current Assets 0 0 0 3 1
Total Current Assets 13 12 16 30 60
Total Assets 13 13 16 33 61

Shree Marutinandan Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 2
Cash Flow from Operating Activities -3 3 -0 -7 -4
Cash Flow from Investing Activities -0 -0 -0 -0 -1
Cash Flow from Financing Activities 3 -2 0 9 3
Net Cash Inflow / Outflow -0 0 -0 2 -2
Closing Cash & Cash Equivalent 0 0 0 2 0

Shree Marutinandan Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.54 0.24 8.2 7.6 8.1
CEPS(Rs) 0.63 0.39 8.63 7.84 8.77
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 2.44 2.68 10.88 55.31 63.4
Core EBITDA Margin(%) 1.78 1.63 7.38 4.44 3.29
EBIT Margin(%) 2.66 1.65 7.27 4.55 4.13
Pre Tax Margin(%) 0.64 0.28 5.79 3.88 3.29
PAT Margin (%) 0.37 0.13 4.28 2.87 2.46
Cash Profit Margin (%) 0.44 0.2 4.5 2.96 2.67
ROA(%) 1.02 0.47 13.92 10.78 5.98
ROE(%) 22.17 9.54 120.92 24.12 13.64
ROCE(%) 11.38 10.07 40.52 23.96 17.24
Receivable days 81.9 53.27 56.66 54.44 50.96
Inventory Days 15.21 22.99 41.94 27.41 52.85
Payable days 44.81 38.62 45.01 24.27 62.38
PER(x) 0 0 0 34.89 9.32
Price/Book(x) 0 0 0 4.8 1.19
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) 0.22 0.13 0.16 1.04 0.29
EV/Core EBITDA(x) 8.12 7.63 2.08 22.59 6.65
Net Sales Growth(%) 0 32.28 0.06 94.58 24.1
EBIT Growth(%) 0 -18.09 341.68 21.81 12.46
PAT Growth(%) 0 -54.81 3257.07 30.39 6.49
EPS Growth(%) 0 -54.81 3257.07 -7.3 6.48
Debt/Equity(x) 12.9 9.74 2.68 0.31 0.34
Current Ratio(x) 1.37 1.33 1.4 2.51 1.53
Quick Ratio(x) 1.21 0.85 0.84 1.89 0.88
Interest Cover(x) 1.31 1.2 4.89 6.73 4.91
Total Debt/Mcap(x) 0 0 0 0.06 0.29

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +24% +34% — —
Operating Profit CAGR +25% +71% — —
PAT CAGR 0% — — —
Share Price CAGR -58% — — —
ROE Average +14% +53% +38% +38%
ROCE Average +17% +27% +21% +21%

Shree Marutinandan Shareholding Pattern

Latest · Sep 2026
100% held
Promoters 58.3 %
FII 0 %
DII (MF + Insurance) 0 %
Public (retail) 41.7 %
# Mar 2024 Sep 2024 Mar 2025 Sep 2025 Mar 2026 Sep 2026
Promoter 58.358.358.358.358.358.3
FII 000000
DII 000000
Public 41.741.741.741.741.741.7
Others 000000
Total 100100100100100100

Shree Marutinandan Peer Comparison

Shree Marutinandan Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Shree Marutinandan Pros & Cons

Pros

  • Stock is trading at 0.7 times its book value
  • Company has a good return on equity (ROE) track record: 3 Years ROE 53%
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Debtor days have increased from 24.27 to 62.38days.
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