Surani Steel Tubes Limited (NSE:SURANI)

Surani Steel Tubes Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	6.92	174.13	43.6	345.57	8	1.35
Short-Term Investments	-	-	174.39	-	-	-
Cash & Short-Term Investments	6.92	174.13	217.99	345.57	8	1.35
Cash Growth	-96.37%	-20.12%	-36.92%	4220.64%	494.65%	-14.82%
Accounts Receivable	383.01	30.03	271.8	13	132.98	50.3
Other Receivables	-	-	0.21	0.38	6.61	1.43
Receivables	931.82	433.94	832.46	113.38	140.55	51.72
Inventory	417.91	1,434	317.7	633.04	173.2	268.64
Prepaid Expenses	-	0.14	0.23	1.45	-	1.94
Other Current Assets	505.99	339.48	79.42	141.32	43.49	65.02
Total Current Assets	1,863	2,381	1,448	1,235	365.23	388.67
Property, Plant & Equipment	237.19	118.81	119.13	104.11	46.02	121.26
Long-Term Investments	-	1.19	1.19	0.1	1.4	1.3
Other Intangible Assets	8.96	0.12	0.15	0.19	0	0
Long-Term Deferred Tax Assets	-	-	0.48	-	-	-
Other Long-Term Assets	10.86	4.17	3.08	2.99	1.21	1.61
Total Assets	2,120	2,506	1,572	1,342	413.87	512.85

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	808.16	1,251	3.6	22.84	54.56	61.28
Accrued Expenses	-	2.85	2.92	4.33	4.25	6.28
Short-Term Debt	-	-	345.68	423.62	113.31	131.64
Current Portion of Long-Term Debt	-	-	-	-	-	17.88
Current Income Taxes Payable	-	-	-	-	3.7	-
Other Current Liabilities	4.2	4.18	0.47	2.47	3.68	42.55
Total Current Liabilities	812.37	1,258	352.68	453.26	179.49	259.61
Pension & Post-Retirement Benefits	-	1.19	0.58	0.69	0.94	1.11
Long-Term Deferred Tax Liabilities	6.92	7.17	-	4.59	5.63	6.37
Other Long-Term Liabilities	1.97	0.39	0.25	0.14	-	-
Total Liabilities	821.25	1,267	353.51	458.67	186.05	267.09

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	155.48	155.48	155.48	106.34	82.84	82.84
Additional Paid-In Capital	-	1,044	1,044	430.08	136.33	136.33
Retained Earnings	-	38.98	18.52	13.66	8.65	26.58
Comprehensive Income & Other	1,143	-	-	333.39	-	-
Shareholders' Equity	1,298	1,239	1,218	883.46	227.82	245.75
Total Liabilities & Equity	2,120	2,506	1,572	1,342	413.87	512.85

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	-	-	345.68	423.62	113.31	149.52
Net Cash (Debt)	6.92	174.13	-127.69	-78.06	-105.31	-148.17
Net Cash Growth	-96.37%	-	-	-	-	-
Net Cash Per Share	0.44	11.20	-9.97	-6.78	-12.71	-17.89
Filing Date Shares Outstanding	15.55	15.55	15.55	10.63	8.28	8.28
Total Common Shares Outstanding	15.55	15.55	15.55	10.63	8.28	8.28
Working Capital	1,050	1,123	1,095	781.49	185.75	129.05
Book Value Per Share	83.49	79.68	78.36	83.08	27.50	29.67
Tangible Book Value	1,289	1,239	1,218	883.28	227.82	245.75
Tangible Book Value Per Share	82.92	79.67	78.35	83.06	27.50	29.67
Land	-	4.17	4.17	4.17	4.17	8.73
Buildings	-	9.16	9.16	9.16	9.16	28.03
Machinery	-	161.37	161.92	138.67	77.55	145.89
Construction In Progress	-	8.64	0.98	1.27	-	-

Data Source: S&P Global Market Intelligence Last updated: Aug 29, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Nov 12, 2026

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