What we do Shree Marutinandan Tubes Ltd trades a wide range of steel pipes and tubes including galvanized, ERW mild steel, black, and solar structural pipes catering to diverse industrial needs. |
Founded in 2,013 |
Market share Offers one of the widest selections with over 200 SKUs, largely serving domestic wholesalers with a strong distribution network. |
Problem solved Provides superior quality and varied steel tube products meeting diverse industrial and commercial requirements efficiently. |
Top clients or who we serve Primarily wholesalers in the domestic steel pipe market, expanding into agricultural equipment manufacturing through group company. |
Key management - |
Our journey and innovations Incorporated in 2013, converted to public limited in 2023; expanded into manufacturing agricultural equipment via Shree Green Energy Pvt Ltd. |
Where we operate Domestic Indian market with strong regional presence in Gujarat and expanding business operations. |
Top products or what we offer Galvanized Pipes, ERW Mild Steel Pipes (round, square, rectangular), Black Pipes, Solar Structural Pipes across multiple specifications. |
Top brands - |
Raw materials needed Steel pipes and tubes sourced from top domestic manufacturers. |
Raw materials supplier Major domestic steel pipe manufacturers in India. |
Recurring vs cyclical contribution Revenue primarily from recurring sales to wholesalers in steel pipes market. |
Our industry position Strong presence in Indian steel pipe trading with extensive SKU offerings and expanding product diversification. |
Financial highlights FY 2023 Revenue Rs. 91.78 Cr, Net Profit Rs. 2.63 Cr reflecting steady operational performance post public listing. |
Geographical revenue split Majority revenue from domestic Indian market with focus in Gujarat region. |
Order book - |
Whats driving growth Domestic infrastructure demand, product diversification into agricultural equipment, and strategic expansion post-public listing. |
Our future plans Diversify product offerings, expand manufacturing via group company, and increase market share through fresh equity issue. |
Our green promise - |
Our people and values - |
Key challenges ahead Competition, dependency on domestic steel suppliers, scaling manufacturing capabilities. |
Interesting facts Converted from private to public limited company recently in 2023, now entering fresh equity capital market. |
Risks and strategy Mitigating supplier concentration risks through diversification and expanding manufacturing capabilities through group entities. |
