Surani Steel Tubes (NSE:SURANI) Market Cap: ₹1,565.7 Mil (As of Jul. 18, 2026)

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NSE:SURANI Surani Steel Tubes Ltd NSE:SURANI
61 GF Score
Price ₹100.70
GF Value ₹70.58
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Surani Steel Tubes Market Cap?

Surani Steel Tubes NSE:SURANI -1.08% 61 Market Cap is ₹1,565.7 Mil as of Jul. 18, 2026. GuruFocus rates NSE:SURANI with a GF Score™ of 61/100 and a GF Value™ of ₹70.58 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 639 Steel companies, Surani Steel Tubes ranks worse than 80.44% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Surani Steel Tubes's share price for the quarter that ended in Mar. 2026 was ₹103.8. Surani Steel Tubes's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 16.8 Mil. Therefore, Surani Steel Tubes's market cap for the quarter that ended in Mar. 2026 was ₹1,738.7 Mil.

Surani Steel Tubes's quarterly market cap declined from Mar. 2025 (₹1,611.6 Mil) to Sep. 2025 (₹1,282.1 Mil) but then increased from Sep. 2025 (₹1,282.1 Mil) to Mar. 2026 (₹1,738.7 Mil).

Surani Steel Tubes's annual market cap declined from Mar. 2024 (₹4,557.2 Mil) to Mar. 2025 (₹1,611.6 Mil) and declined from Mar. 2025 (₹1,611.6 Mil) to Mar. 2026 (₹1,609.2 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Surani Steel Tubes's Enterprise Value for Today is ₹1,390.3 Mil.


Surani Steel Tubes  (NSE:SURANI) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Surani Steel Tubes Market Cap Related Terms


Surani Steel Tubes Market Cap Historical Data

* Premium members only.

The historical data trend for Surani Steel Tubes's Market Cap 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 Market Cap Chart

Surani Steel Tubes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 381.06 444.44 4,557.20 1,611.55 1,609.21

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
Market Cap 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 4,557.20 4,278.03 1,611.55 1,282.05 1,738.65

NSE:SURANI vs NUE, STLD, RS: Market Cap Comparison

For the Steel subindustry, Surani Steel Tubes's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Surani Steel Tubes Market Cap vs Steel Industry

For the Steel industry and Basic Materials sector, Surani Steel Tubes's Market Cap distribution charts can be found below:

* The bar in red indicates where Surani Steel Tubes's Market Cap falls into.


NSE:SURANI
61GF Score
Surani Steel Tubes Ltd NSE:SURANI
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
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Surani Steel Tubes Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Surani Steel Tubes's Market Cap for the fiscal year that ended in Mar. 2026 is calculated as

Market Cap (A: Mar. 2026 )=Share Price (A: Mar. 2026 )*Shares Outstanding (EOP) (A: Mar. 2026 )
=₹103.8*15.503
=₹1,609.2

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

Market Cap (Q: Mar. 2026 )=Share Price (Q: Mar. 2026 )*Shares Outstanding (EOP) (Q: Mar. 2026 )
=₹103.8*16.750
=₹1,738.7

* 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.

Frequently Asked Questions Learn more about Market Cap →
What does a Market Cap of ₹1,565.7 Mil mean?
Surani Steel Tubes (NSE:SURANI) has a Market Cap of ₹1,565.7 Mil as of Jul. 18, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Surani Steel Tubes and its competitors. According to the industry distribution chart, Surani Steel Tubes ranks #514 out of 639 companies in the Steel industry, placing it in the top 80.4%.
Is Surani Steel Tubes' Market Cap too high?
Surani Steel Tubes' current Market Cap is ₹1,565.7 Mil. Based on the distribution chart, Surani Steel Tubes ranks #514 out of 639 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Surani Steel Tubes has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Surani Steel Tubes' Market Cap compare to NUE and STLD?
According to the Steel industry distribution chart, Surani Steel Tubes ranks #514 out of 639 companies for Market Cap. This places Surani Steel Tubes in the lower half of its industry. The industry median Market Cap is 96.80. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Steel company?
The median Market Cap among Steel companies is 96.80, based on 639 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Surani Steel Tubes and its competitors. For the Steel industry, the median Market Cap is 96.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Surani Steel Tubes's current Market Cap is ₹1,565.7 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 ₹70.58, compared to a current price of ₹100.70 — trading 42.7% above its estimated fair value. The current Market Cap is ₹1,565.7 Mil. Surani Steel Tubes' overall GF Score™ is 61/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Surani Steel Tubes (NSE:SURANI), the current Market Cap is ₹1,565.7 Mil as of Jul. 18, 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 ₹100.70 is trading 42.7% above its estimated GF Value™ of ₹70.58. GuruFocus considers Surani Steel Tubes to be Significantly Overvalued.

Key valuation signals for NSE:SURANI:

  • Market Cap: ₹1,565.7 Mil
  • GF Value™: ₹70.58 vs. price of ₹100.70 (42.7% above fair value)
  • GF Score™: 61/100 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.
61GF Score

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

₹100.70
Price
₹70.58
GF Value