What we do Scoda Tubes Ltd manufactures stainless steel seamless and welded pipes and tubes, serving industries like oil & gas, chemicals, power, and automotive globally. |
Founded in 2,008 |
Market share A recognized player in stainless steel tubes, with significant domestic presence and exports to 32 countries. |
Problem solved Provides high-quality corrosion-resistant steel tubes essential for high pressure and specialized industrial applications. |
Top clients or who we serve Industries such as Oil & Gas, Chemicals, Fertilisers, Power, Pharmaceuticals, Automotive, Railways; B2B customers. |
Key management Jagrutkumar Rameshbhai Patel (Managing Director), Samarth Bharatbhai Patel (Chairman & Whole Time Director), Ravi Patel (CFO) |
Our journey and innovations Founded in 2008, expanded capacity with hot piercing mill in 2022, IPO raised ₹220 crore in 2025, consistent growth in revenue and profits. |
Where we operate Headquartered in India with significant export markets in Europe, Americas, Middle East, and Asia. |
Top products or what we offer Specialized stainless steel seamless pipes, tubes, U tubes, instrumentation tubes, and welded products. |
Top brands Scoda Tubes brand with certifications including ISO 9001:2015, ISO 14001:2015, PED 2014/68/EU standards. |
Raw materials needed High-grade stainless steel coils and raw materials for seamless and welded tube manufacturing. |
Raw materials supplier Supplied by established steel manufacturers and approved vendors in India and abroad. |
Recurring vs cyclical contribution Revenue is largely recurring from industrial supply contracts with steady demand across sectors. |
Our industry position Growing player with strong quality control, strategic location, and certifications supporting competitive standing. |
Financial highlights FY2024-25 revenue ₹484.9 crore, PAT ₹31.7 crore, 21% revenue growth, 73% net profit rise year-over-year. |
Geographical revenue split About 69% revenue from India and 31% from international markets spanning 32 countries. |
Order book - |
Whats driving growth Capacity expansion, product quality, international certifications, diverse client base, and increasing export demand. |
Our future plans Expand production capacity, broaden geographic reach, strengthen brand, and enhance product portfolio sustainably. |
Our green promise Installation of 1 MW solar panels for clean energy; certified ISO 14001 environmental management system. |
Our people and values Experienced leadership team, focus on governance, safety, employee development, and ethical business practices. |
Key challenges ahead Raw material price volatility, global market competition, regulatory compliance, and maintaining capacity utilization. |
Interesting facts Operates one of India’s few hot piercing mills for mother hollow tubes with 20,000 MTPA capacity; recent successful IPO. |
Risks and strategy Mitigates supply risks through vendor approvals and diversified clients; strategic capital expenditure supports growth in markets. |
