Scoda Tubes Limited
Scoda Tubes Limited manufactures and sells stainless steel pipes and tubes in India and internationally. The company provides stainless steel seamless and welded pipes, tubes, and u tubes. The company serves food and beverage, automobile, chemical, oil and gas, construction, infrastructure, and automobile industries. Scoda Tubes Limited was incorporated in 2008 and is based in Mehsana, India.
Scoda Tubes Limited (SCODATUBES) - Net Assets
Latest net assets as of September 2025: ₹3.74 Billion INR
Based on the latest financial reports, Scoda Tubes Limited (SCODATUBES) has net assets worth ₹3.74 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹7.08 Billion) and total liabilities (₹3.34 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹3.74 Billion |
| % of Total Assets | 52.79% |
| Annual Growth Rate | -63.09% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 62.48 |
Scoda Tubes Limited - Net Assets Trend (2022–2025)
This chart illustrates how Scoda Tubes Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Scoda Tubes Limited (2022–2025)
The table below shows the annual net assets of Scoda Tubes Limited from 2022 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹17.58 Million | -97.24% |
| 2024-03-31 | ₹636.12 Million | +40.39% |
| 2023-03-31 | ₹453.11 Million | +29.54% |
| 2022-03-31 | ₹349.78 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Scoda Tubes Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 94.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹3.71 Million | 21.11% |
| Common Stock | ₹5.17 Million | 29.39% |
| Other Comprehensive Income | ₹4.91K | 0.03% |
| Other Components | ₹8.70 Million | 49.48% |
| Total Equity | ₹17.58 Million | 100.00% |
Scoda Tubes Limited Competitors by Market Cap
The table below lists competitors of Scoda Tubes Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
News Network Corporation Public Company Limited
BK:NEWS
|
$17.40 Million |
|
AB Zemaitijos pienas
MU:IU8
|
$17.41 Million |
|
Alta Copper Corp.
OTCQX:ATCUF
|
$17.41 Million |
|
Ridgeline Minerals Corp
OTCQB:RDGMF
|
$17.42 Million |
|
Kworld Computer Co Ltd
TWO:3287
|
$17.39 Million |
|
iLearningEngines, Inc.
NASDAQ:AILE
|
$17.39 Million |
|
Fox River Resources Corporation
PINK:FXRVF
|
$17.39 Million |
|
Ching Chan Optical Technology Co Ltd
TWO:2070
|
$17.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Scoda Tubes Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 636,120,000 to 17,580,908, a change of -618,539,092 (-97.2%).
- Net income of 3,710,713 contributed positively to equity growth.
- Other comprehensive income increased equity by 4,910.
- Other factors decreased equity by 622,254,715.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹3.71 Million | +21.11% |
| Other Comprehensive Income | ₹4.91K | +0.03% |
| Other Changes | ₹-622.25 Million | -3539.38% |
| Total Change | ₹- | -97.24% |
Book Value vs Market Value Analysis
This analysis compares Scoda Tubes Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 274.16x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 20.74x to 274.16x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-03-31 | ₹5.84 | ₹121.12 | x |
| 2023-03-31 | ₹7.56 | ₹121.12 | x |
| 2024-03-31 | ₹10.62 | ₹121.12 | x |
| 2025-03-31 | ₹0.44 | ₹121.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Scoda Tubes Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 21.11%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.55%
- • Asset Turnover: 1.09x
- • Equity Multiplier: 2.97x
- Recent ROE (21.11%) is above the historical average (19.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 4.68% | 0.84% | 1.24x | 4.46x | ₹-18.62 Million |
| 2023 | 22.81% | 3.39% | 1.28x | 5.26x | ₹58.05 Million |
| 2024 | 28.77% | 4.58% | 1.21x | 5.19x | ₹119.39 Million |
| 2025 | 21.11% | 6.55% | 1.09x | 2.97x | ₹1.95 Million |
Industry Comparison
This section compares Scoda Tubes Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $2,077,213,375
- Average return on equity (ROE) among peers: 17.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Scoda Tubes Limited (SCODATUBES) | ₹3.74 Billion | 4.68% | 0.89x | $17.39 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $-100.86 Million | 0.00% | 0.00x | $722.48K |
| APL Apollo Tubes Limited (APLAPOLLO) | $24.64 Billion | 25.12% | 0.81x | $4.04 Billion |
| Ashoka Metcast Limited (ASHOKAMET) | $23.00K | 60.87% | 7947.74x | $1.75 Million |
| Bansal Wire Industries Ltd (BANSALWIRE) | $2.83 Billion | 21.21% | 1.65x | $84.98 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $1.45 Billion | 17.08% | 3.51x | $8.02 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $1.38 Billion | 0.97% | 2.02x | $61.29 Million |
| Electrotherm (India) Limited (ELECTHERM) | $-10.96 Billion | 0.00% | 0.00x | $31.33 Million |
| Gallantt Ispat Limited (GALLANTT) | $1.10 Billion | 27.96% | 1.96x | $327.71 Million |
| Grand Foundry Limited (GFSTEELS) | $-57.50 Million | 0.00% | 0.00x | $1.30 Million |
| Goodluck India Limited (GOODLUCK) | $490.54 Million | 25.50% | 2.98x | $163.26 Million |