Surani Steel Tubes (NSE:SURANI) Total Inventories: ₹1,433.8 Mil (As of Mar. 2026)


NSE:SURANI Surani Steel Tubes Ltd NSE:SURANI
52 GF Score
Price ₹99.35
GF Value ₹71.16
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Surani Steel Tubes Total Inventories?

Surani Steel Tubes NSE:SURANI -1.58% 52 Total Inventories is ₹1,433.8 Mil as of Mar. 2026. GuruFocus rates NSE:SURANI with a GF Score™ of 52/100 and a GF Value™ of ₹71.16 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Surani Steel Tubes's total inventories for the quarter that ended in Mar. 2026 was ₹1,433.8 Mil. Surani Steel Tubes's average total inventories from the quarter that ended in Sep. 2025 to the quarter that ended in Mar. 2026 was ₹795.4 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Surani Steel Tubes's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ₹-21.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Surani Steel Tubes's Days Inventory for the six months ended in Mar. 2026 was 367.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. Surani Steel Tubes's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.50.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Surani Steel Tubes's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.92.


Surani Steel Tubes  (NSE:SURANI) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Surani Steel Tubes's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(175.387+0.75 * 30.03+0.5 * 1433.781-1266.964
-0-0)/16.750
=-21.02

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Surani Steel Tubes's Days Inventory for the six months ended in Mar. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=795.378/395.337*365 / 2
=367.17

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Surani Steel Tubes's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=395.337 / 795.378
=0.50

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Surani Steel Tubes's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=795.378 / 413.389
=1.92

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Surani Steel Tubes Total Inventories Related Terms


Surani Steel Tubes Total Inventories Historical Data

* Premium members only.

The historical data trend for Surani Steel Tubes's Total Inventories can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Surani Steel Tubes Total Inventories Chart

Surani Steel Tubes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 268.64 173.20 633.04 317.70 1,433.78

Surani Steel Tubes Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 633.04 465.31 317.70 156.98 1,433.78
NSE:SURANI
52GF Score
Surani Steel Tubes Ltd NSE:SURANI
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Surani Steel Tubes Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of ₹1,433.8 Mil mean?
Surani Steel Tubes (NSE:SURANI) has a Total Inventories of ₹1,433.8 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Surani Steel Tubes and its competitors.
Is Surani Steel Tubes' Total Inventories too high?
Surani Steel Tubes' current Total Inventories is ₹1,433.8 Mil. Overall, Surani Steel Tubes has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Surani Steel Tubes' Total Inventories compare to NUE and STLD?
Surani Steel Tubes' Total Inventories of ₹1,433.8 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Steel company?
A good Total Inventories depends on the Steel industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Surani Steel Tubes and its competitors. Surani Steel Tubes's current Total Inventories is ₹1,433.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surani Steel Tubes stock overvalued right now?
Based on GuruFocus' analysis, Surani Steel Tubes (NSE:SURANI) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹71.16, compared to a current price of ₹99.35 — trading 39.6% above its estimated fair value. The current Total Inventories is ₹1,433.8 Mil. Surani Steel Tubes' overall GF Score™ is 52/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Surani Steel Tubes (NSE:SURANI), the current Total Inventories is ₹1,433.8 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Surani Steel Tubes (NSE:SURANI) Overvalued in 2026?

Based on GuruFocus' analysis, Surani Steel Tubes stock appears to be overvalued. The current stock price of ₹99.35 is trading 39.6% above its estimated GF Value™ of ₹71.16. GuruFocus considers Surani Steel Tubes to be Significantly Overvalued.

Key valuation signals for NSE:SURANI:

  • Total Inventories: ₹1,433.8 Mil
  • GF Value™: ₹71.16 vs. price of ₹99.35 (39.6% above fair value)
  • GF Score™: 52/100 with 4 warning signs

No single metric tells the full story. See the NSE:SURANI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Surani Steel Tubes Business Description

Address Bayad Road, Sr. No. 110, 115, Opposite Vinayak TMT, Village Sampa, Taluka Dahegam, Gandhinagar, GJ, IND, 382315
Surani Steel Tubes Ltd is engaged in manufacturing and supplying ERW pipes and steel tubes. The company operates a single segment named manufacturing ERW MS PIPES and trading of MS PIPE. The company's products include ERW Round Pipes and Tubes, Square and Rectangle Hollow Sections, MS Slit Coils and Strips, Hot Roll Coils, and others. Geographically, it operates only in India.
52GF Score

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Total Inventories is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹99.35
Price
₹71.16
GF Value