Company Profile
The company profile and facts I provided are based on publicly available information from official sources, news sites, and regulatory filings, which are generally free to use for informational purposes.
If you want to use this content for commercial or published work, it’s best to:
- Paraphrase the information in your own words (which I’ve already done here).
- Avoid copying exact text from proprietary reports or websites.
- Attribute any direct quotes or data to their original sources if possible.
For copyright-free use, you can rely on factual data (like financial numbers, dates, and publicly disclosed info) because facts themselves aren’t copyrightable. The wording and presentation can be freely adapted.
Business Model
The business model description I provided is based on general publicly available facts about Scoda Tubes Limited, summarized and paraphrased in my own words, which makes it safe for you to use without copyright concerns.
Facts, data, and publicly disclosed company information aren’t subject to copyright, but the exact wording and presentation can be. Since I’ve rewritten the content uniquely, you can confidently use this description in reports, presentations, or other projects.
If you want, I can further simplify, rephrase, or customize the text to suit your specific needs or style! Just let me know.
Product Portfolio
Scoda Tubes Limited Product Portfolio
Scoda Tubes Limited manufactures a wide range of stainless steel tubes and pipes designed to meet various industrial needs. Their products are divided into two main categories:
1. Seamless Tubes and Pipes
- Available in sizes from small diameters to larger nominal bores, with varying wall thicknesses.
- Manufactured using hot piercing and extrusion, these products are ideal for sectors like oil & gas, chemicals, pharmaceuticals, and power generation.
- Includes seamless pipes, tubes, U-tubes for heat exchangers, and precision instrumentation tubes.
2. Welded Tubes and Pipes
- Available in similar size ranges and specifications as seamless tubes.
- Used extensively in industries such as chemical processing, automotive, and marine applications.
- Includes welded tubes, U-tubes, and customized solutions.
All products meet international standards like ASTM, ASME, and BIS to ensure quality and reliability. Scoda Tubes also offers value-added services such as cutting, bending, and special packaging tailored to customer needs.
Features Across Products:
- High-Quality Materials
Manufactured from premium-grade stainless steel ensuring durability, corrosion resistance, and strength. - Wide Size Range
Available in various diameters and wall thicknesses to suit diverse industrial applications. - International Standards Compliance
Products conform to ASTM, ASME, EN, and BIS standards, ensuring global quality acceptance. - Customization Options
Tailored solutions including cutting, bending, and packaging based on specific client requirements. - Versatile Applications
Suitable for sectors like oil & gas, chemical, pharmaceutical, power generation, and automotive industries. - Advanced Manufacturing
Use of state-of-the-art piercing, extrusion, welding, and annealing technologies for precision and reliability. - Export-Ready
Designed to meet international market requirements, supporting global supply chains.
Financial Snapshot (as of March 31, 2024)
📊 Financial Highlights (₹ in Crores)
| Metric | Value (₹ Crore) |
|---|---|
| Revenue | ₹402.49 |
| Profit After Tax (PAT) | ₹18.30 |
| Total Assets | ₹330.42 |
| Net Worth | ₹63.61 |
| Debt-to-Equity Ratio | 3.20x |
| Interest Coverage Ratio | 3.13x |
📈 Key Financial Ratios
| Financial Ratio | Value | Description |
|---|---|---|
| Price-to-Earnings (P/E) Ratio | ~28.5 | Market price relative to earnings |
| Debt-to-Equity Ratio | 3.20x | Measures financial leverage |
| Return on Equity (ROE) | ~28.75% | Profitability relative to shareholder equity |
| Interest Coverage Ratio | 3.13x | Ability to pay interest on debt |
| Current Ratio | ~1.2x | Liquidity position (current assets/current liabilities) |
| Net Profit Margin | ~4.5% | Net profit as % of revenue |
Initial Public Offering (IPO) Plans
coda Tubes Limited plans to raise ₹275 crore through an Initial Public Offering (IPO) by issuing fresh equity shares. The funds raised will be primarily used to expand production capacity, strengthen working capital, and support general corporate purposes.
- Around ₹105 crore is earmarked for increasing seamless and welded tube manufacturing capacity.
- Approximately ₹110 crore will address working capital needs over the next two fiscal years.
- The remaining funds will support other corporate expenses.
The company has received regulatory approval and appointed Monarch Networth Capital Ltd. as the lead manager and Link Intime India Pvt. Ltd. as the registrar. The IPO is expected to open soon, and investors should watch for official announcements about the subscription dates.
Objectives of the Issue
- Expand Production Capacity
To invest in new manufacturing facilities and increase capacity for seamless and welded stainless steel tubes and pipes. - Meet Working Capital Requirements
To strengthen the company’s working capital base to support growing business operations and inventory needs. - Fund General Corporate Purposes
To utilize the remaining proceeds for various corporate activities, including business development and operational expenses. - Enhance Market Presence
To improve brand visibility and presence in domestic and international markets through increased production and sales capabilities. - Support Strategic Growth Plans
To enable the company to pursue growth opportunities aligned with industry trends and customer demand.
🎯 Objectives of the IPO
- Expand Manufacturing Capacity to boost production of seamless and welded tubes.
- Strengthen Working Capital for smooth business operations and growth.
- Support General Corporate Purposes including operational and strategic initiatives.
- Enhance Market Reach domestically and internationally.
- Fuel Strategic Expansion aligned with industry demand and innovation.
Future Outlook
Scoda Tubes Limited is set for strong growth driven by expanding its manufacturing capacity and tapping into rising demand for stainless steel tubes globally. The company is investing in new infrastructure to boost production efficiency and meet customer needs.
Growing exports to multiple countries and proximity to key ports enhance its international reach. Scoda Tubes is also focused on innovation and maintaining high-quality standards to stay competitive in dynamic markets.
The upcoming IPO will provide capital to support expansion, strengthen finances, and fuel future growth initiatives. Overall, the company is well-positioned to capitalize on industry growth and emerging opportunities.
Key Growth Areas:
Capacity Expansion
Investing in new machinery and facility expansion to increase production output and efficiency.
Technology Upgrades
Enhancing manufacturing processes with advanced equipment and quality control techniques.
Export Market Growth
Expanding presence in international markets by leveraging strategic logistics and global demand.
Product Range Diversification
Offering a wide variety of stainless steel tubes and pipes to serve multiple industries.
Value-Added Services
Providing customized solutions like bending, cutting, and packaging to meet specific customer needs.
🧭 Vision and Leadership
Scoda Tubes Limited envisions becoming a globally recognized leader in the manufacturing of stainless steel tubes and pipes. The company is committed to delivering superior quality products that meet international standards. It aims to foster long-term relationships with customers by offering reliable, innovative solutions tailored to their needs. Through continuous improvement, technological advancement, and sustainable practices, Scoda Tubes strives to contribute meaningfully to industries such as oil & gas, pharmaceuticals, power generation, automotive, and infrastructure worldwide.
👥 Leadership
Scoda Tubes Limited’s growth and success are driven by a dedicated leadership team with deep industry knowledge and a clear strategic vision:
- Mr. Samarth Patel – Chairman & Executive Director
Provides visionary guidance and steers the company’s strategic direction with a focus on innovation and expansion. - Mr. Jagrut Patel – Managing Director
Oversees daily operations, ensuring efficient manufacturing processes and operational excellence. - Mr. Ravi Patel – Chief Financial Officer
Manages the company’s financial health, capital structure, and investment strategies to support sustainable growth. - Mr. Vipul Patel – President
Leads business development, marketing, and customer relationship initiatives, driving market expansion. - Mr. Saurabh Patel – Non-Executive Director
Brings external insights and governance expertise to strengthen corporate oversight and strategy.
Together, this leadership team emphasizes quality, customer focus, and strategic growth, positioning Scoda Tubes Limited as a trusted partner across various high-demand sectors globally.
Market Positioning and Growth Prospects
Market Positioning:
Scoda Tubes Limited is a leading manufacturer of stainless steel tubes and pipes, serving industries like oil & gas, pharmaceuticals, power, automotive, and infrastructure. The company offers a broad product range including seamless and welded tubes, catering to both domestic and international markets. With a well-established manufacturing base and a growing export footprint, Scoda Tubes holds a strong competitive position.
Growth Prospects:
The company is focused on expanding its production capacity through new equipment and facility upgrades to meet increasing demand. Technological improvements in manufacturing processes are enhancing product quality and operational efficiency. Scoda Tubes’ upcoming IPO will provide capital to fund these expansions, working capital needs, and general business growth. Additionally, the firm’s diverse product portfolio and entry into new markets position it well for sustainable future growth.
